News stories from Monday March 30, 1970

Summaries of the stories the major media outlets considered to be of particular importance on this date:

In Cambodia, there were violent pro-Prince Sihanouk, anti-Lon Nol demonstrations. Sihanouk's supporters destroyed some buildings and killed two men; troops fired into the crowd, killing 27. The Cambodian government plans to ask the United Nations Security Council for aid in ridding the North Vietnamese from Cambodia. The government may seek U.S. aid, but not American troops. [CBS] The Laos and Cambodia crises have renewed the South Vietnam troop withdrawal debate. Defense Secretary Melvin Laird expects 70,000 Americans to be withdrawn in three months, but military advisers want fewer to leave. General Creighton Abrams wants no troop withdrawal at all. [CBS] Cambodia announced that it will release the hijacked ship "Columbia Eagle" to the United States. [CBS] South Vietnamese guerrillas attacked a Communist camp, inflicting heavy casualties. [CBS] The Massachusetts state legislature is challenging the legality of the Vietnam war. Its proposed law says that Massachusetts soldiers are not required to fight an undeclared war. [CBS] The Defense Department reported Soviet missile tests and claimed that Soviet testing has been twice as heavy as U.S. missile testing since the arms limitation talks started. [CBS] The six-day-old air traffic controller dispute is hardening; the government has threatened striking controllers with suspensions and firings. The rivalry between competing unions is also an issue. [CBS] The last National Guard troops who were assigned to handle mail service during the postal strike in New York City have left. [CBS] The chairman of the House Auto Pollution subcommittee wants better emission controls on 1972 model year cars, more lead-free gasoline usage and the implementation of catalytic systems; 70-80% of current autos don't meet present anti-pollution standards. [CBS] One thousand persons may be dead as a result of the recent earthquakes in Turkey, and there are rumors of an outbreak of plague. [CBS] H. Rap Brown's defense lawyer asked for an adjournment of his trial; Brown's whereabouts are still unknown. [CBS] Country singer Johnny Cash questioned President Nixon's request to hear "Welfare Cadillac" when Cash performs at the White House; the decision is up to the singer. [CBS] Senator Alan Cranston charged that the Justice Department pressured black lawyer Charles Wilson to write a supportive letter for Supreme Court nominee G. Harrold Carswell. Wilson denies being pressured, but admitted that he favors a more liberal nominee. [CBS]

Stock Market Report

Dow Jones Industrial Average: 784.65 (-6.40, -0.81%)
S&P Composite: 89.63 (-0.29, -0.32%)
Arms Index: 1.19

	Issues	Volume*
Advances	552	3.24
Declines	782	5.44
Unchanged	269	0.92
Total Volume		9.60

* in millions of shares

Arms Index is the ratio of volume per declining issue to volume per advancing issue; a figure below 1.0 is bullish.

Market Index Trends
Date	DJIA	S&P	Volume*
March 26, 1970	791.05	89.92	11.35
March 25, 1970	790.13	89.77	17.50
March 24, 1970	773.76	87.98	8.84
March 23, 1970	763.60	86.99	7.33
March 20, 1970	763.66	87.06	7.91
March 19, 1970	764.98	87.42	8.93
March 18, 1970	767.95	87.54	9.79
March 17, 1970	767.42	87.29	9.09
March 16, 1970	765.05	86.91	8.91
March 13, 1970	772.11	87.86	9.56