Thursday November 30, 1978
. . . where the 1970s live forever!

News stories from Thursday November 30, 1978


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

  • Fear of violence after mass deaths in Guyana led to preventive efforts by the F.B.I. and the Secret Service, the Justice Department revealed. A department official said it was investigating threats of murder reportedly made by surviving members of the cult and hoped to thwart any possible suicide pacts among members, despite apparent lack of legal authority.

    Dangers at the Guyanese commune were reported to the State Department for more than a year, according to correspondence. The data involved explicit warnings that the lives of Americans were in jeopardy at the People's Temple settlement and that the Guyanese government had been corrupted by the Rev. Jim Jones. Two lawyers who represented former members of the cult said they had made three visits to the department and written many warning letters.

    A psychiatrist working with survivors of the People's Temple in Guyana said there was little likelihood that any of the 1,500 other American cults believed to be active would destroy themselves, but that they might be more of a threat to society. [New York Times]

  • Concern over intelligence reporting on foreign political crises was expressed by President Carter, who said he had asked top aides to improve methods of collecting and analyzing data on sensitive developments. [New York Times]
  • Age discrimination would be barred in programs receiving federal funds under a broad set of rules proposed by the government. The planned guidelines for ending discrimination against the young as well as the old would implement a law that applies only to programs receiving federal aid for public service employment. Hearings on the new plan will be held in 11 cities before final rules are issued. [New York Times]
  • An ailing Russian infant arrived in Boston with her parents, who had sought for a year to bring her to the United States for medical treatment. The emotional arrival of Boris and Natalya Kats and Jessica, their 13-month-old daughter, was the latest in a steady stream of Jews allowed to leave the Soviet Union. [New York Times]
  • Arson caused the Holiday Inn fire in which 10 persons were killed and at least 35 were injured Sunday in the Rochester (N.Y.) suburb of Greece, the town's police chief said. "This is a criminal investigation from now on," he said, adding that thus far no suspects had been arrested. [New York Times]
  • Richard Nixon got a warm welcome at the Oxford Union, a student debating society at the British university, and he said he would continue to speak out on world affairs. Several hundred students, including scores of Americans, demonstrated vociferously against his visit, and 10 were arrested. [New York Times]
  • Delays on a peace pact between Egypt and Israel led President Carter to say he was "dissatisfied and disappointed," but he pledged that Washington "was certainly not going to give up on the effort" to reach a final accord. Mr. Carter spoke at a news conference after Prime Minister Mustafa Khalil arrived in Washington with Egypt's latest proposals. [New York Times]
  • South Africa's black affairs minister said that government plans to demolish the homes of 20,000 blacks at the Crossroads squatter camp near Cape Town's airport had been halted indefinitely. He said that the government would stress efforts to relocate the blacks voluntarily in new homes, some to be built nearby. [New York Times]
  • President Carter took a personal role in the effort by the United States and four other Western countries to persuade South Africa to cooperate with a United Nations plan for bringing independence to South-West Africa. Mr. Carter conferred with South Africa's Foreign Minister after the minister met with Secretary of State Vance. [New York Times]
  • A clampdown was ordered in Peking on the outburst of wall posters calling for greater freedom in China, according to diplomatic sources in the Chinese capital. They said the people had been told to stop putting up posters critical of Communist Party Chairman Hua Kuo-feng and not to join in demonstrations calling for democracy. [New York Times]
  • The London Times halted publication in a bitter dispute with unions. The management of the famed newspaper said the Times and the Sunday Times would not reappear until all 65 union bargaining units pledged to end wildcat strikes and slowdowns, accept new technology and agree to cuts in manning levels. Reaching accords was expected to take months. [New York Times]


Stock Market Report

Dow Jones Industrial Average: 799.03 (+8.92, +1.13%)
S&P Composite: 94.70 (+0.95, +1.01%)
Arms Index: 0.46

IssuesVolume*
Advances92413.62
Declines5133.50
Unchanged4292.78
Total Volume19.90
* 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
DateDJIAS&PVolume*
November 29, 1978790.1193.7521.16
November 28, 1978804.1495.1522.74
November 27, 1978813.8495.9919.79
November 24, 1978810.1295.7914.59
November 22, 1978807.0095.4820.01
November 21, 1978804.0595.0120.76
November 20, 1978805.6195.2524.44
November 17, 1978797.7394.4225.17
November 16, 1978794.1893.7121.34
November 15, 1978785.6092.7126.28


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