News stories from Tuesday August 28, 1979

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

An offer to sell autopsy photos of President John F. Kennedy is being made by Harrison Livingstone, a freelance journalist. He says he is offering to sell the pictures because his group needs at least $800,000 "to prove the conspiracy in the murder of our President." These are allegedly copies of photos turned over to the National Archives by the Kennedy family in 1966 with the stipulation that they never be shown to the public. [New York Times] A reserve supply of home heating oil, amounting to 10 million barrels, will be set up in New England to insure adequate supplies for the winter, Charles Duncan Jr., the new Energy Secretary, told the Conference of Northeastern Governors at a closed door meeting in Boston. [New York Times] Mobil Oil Corporation will deliver as much gasoline, diesel fuel and heating oil next month as it did last September. Mobil's promise of full deliveries followed an announcement by Texaco that its gasoline supply picture would improve next month too. Both announcements strengthened the growing evidence that energy supplies are loosening. [New York Times] More money for the military budget will be necessary but only because President Carter intends to stick with his proposal to increase defense spending by 3 percent, and inflation has made his original proposal fall short of that figure, government officials explained. [New York Times] No important leads in the murder of Earl Mountbatten of Burma were found today, though dozens of police investigators were scouring the coastline for clues to the explosion that killed the British war hero. Investigators were also conducting a house-to-house search in several villages in northwest Ireland, seeking the Irish Republican Army terrorists who blew up Lord Mountbatten's boat.A British response to the killing of Earl Mountbatten of Burma and 22 other people by Irish Republican Army terrorists Monday was discussed in a meeting Prime Minister Margaret Thatcher called. Mrs. Thatcher and her key ministers made no announcement after the meeting, but a highly placed official said political as well as security measures were discussed. [New York Times] The world is glued together, according to an international team of physicists who say they have "strong" evidence of a tiny new particle that holds together all the matter in the universe. The particle they call "gluon" holds together the center of atoms. Although gluons have been predicted for years, the report presented at the meeting of the Fermi National Accelerator Laboratory near Chicago offered the first evidence that gluons exist. [New York Times] Ending his official talks with Chinese leaders, Vice President Mondale said that China and the United States had laid the basis for a new relationship in the next decade, but that the new friendship was not directed against any other country. [New York Times] Iran executed 20 persons for involvement in the Kurdish rebellion, and the Ayatollah Khomeini reportedly turned down a Kurdish bid for peace and refused to endorse a negotiated cease-fire. He has made "no concessions," an aide said. But an unofficial cease-fire is in force on all fronts of the Kurdish region as both sides await the outcome of peace moves in Teheran, where a delegation of Kurds is meeting with Teheran's religious leader. [New York Times] A bomb exploded and seriously damaged an open-air concert stage in Brussels, Belgium where a British army band was preparing to give a concert for tourists. Eleven spectators and four bandsmen were injured, police said. The mayor of Brussels said the Irish Republican Army claimed responsibility for the bombing. [New York Times] Lyudmila Vlasova received a welcome appropriate for a heroine as she landed at Moscow Airport following a three-day detainment of her plane in New York. The Bolshoi dancer had refused to follow her husband, Aleksandr Godunov, and defect to the United States. Tass, the official Soviet news agency, reported that Mr. Godunov had "disappeared" under circumstances "not yet clear." [New York Times] Relief supplies for Cambodia, which is suffering from famine, are scheduled to be airlifted from Bangkok this week. Officials of the United Nations Children's Fund and the International Committee of the Red Cross are sending a first shipment of medical supplies, powered milk and sugar. [New York Times]

Stock Market Report

Dow Jones Industrial Average: 884.64 (-0.77, -0.09%)
S&P Composite: 109.02 (-0.12, -0.11%)
Arms Index: 0.79

	Issues	Volume*
Advances	671	12.85
Declines	744	11.23
Unchanged	464	5.35
Total Volume		29.43

* 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*
August 27, 1979	885.41	109.14	32.06
August 24, 1979	880.20	108.60	32.73
August 23, 1979	880.38	108.63	35.72
August 22, 1979	885.84	108.99	38.45
August 21, 1979	886.01	108.91	38.86
August 20, 1979	886.52	108.83	32.30
August 17, 1979	883.36	108.30	31.63
August 16, 1979	884.04	108.09	47.01
August 15, 1979	885.84	108.25	46.14
August 14, 1979	876.71	107.52	40.91