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Friday March 13, 1970
. . . where the 1970s live forever!

News stories from Friday March 13, 1970

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

  • The Cambodian government demanded the withdrawal of all Communist forces from the country. Prince Sihanouk issued a warning to the Soviets, saying that conservatives may take over Cambodia if Communists remain. [CBS]
  • Capt. Ernest Medina, who is accused of crimes at My Lai, admitted one murder but denied others. Medina blames the Vietnamese for the My Lai deaths. [CBS]
  • The Nixon administration changed its position on the repeal of the Gulf of Tonkin Resolution. It was against it, now is neutral. [CBS]
  • A Soviet spokesman denied a rumor that some Russian leaders may be removed. [CBS]
  • Environmental lawsuits: The Wisconsin Attorney General filed a suit against auto manufacturers' alleged conspiracy to delay the installation of anti-pollution devices in cars; the federal government is suing Florida Power and Light for thermal pollution of Biscayne Bay; Florida has sued the Humble Oil Company for the Tampa Bay oil spill; oyster fishermen are suing Chevron Oil and the federal government for $31 million damage to oyster beds by a 26-mile-long oil slick in the Gulf of Mexico; Interior Secretary Walter Hickel and the state of Louisiana may sue Chevron for violating federal regulations. [CBS]
  • Bomb scares and explosions shook cities across the nation today. A Pittsburgh shopping center, a Lawrence College ROTC classroom and a high school in Appleton, Wisconsin, were bombed; no injuries were reported. New York City police received bomb threats every six minutes. [CBS]
  • In Jacksonville, Florida, a junior high school is torn by racial trouble; 75 policemen were needed to break up a massive fight over the junior high school's integration. There were three injuries and five arrests. The school was then closed, but is scheduled to reopen on Monday. [CBS]
  • President Nixon paid a surprise visit to a Washington, DC, technical school, talking to students and teachers of the predominantly black school. Some chanted anti-Vietnam and anti-Carswell slogans as the President left. [CBS]
  • President Nixon is seeking congressional legislation to safeguard private pension plans covering 50 million Americans. [CBS]
  • The Senate passed a five-year extension of the 1965 Voting Rights bill with clauses giving 18-year-olds the vote and prohibiting literacy tests. [CBS]
  • Former President Lyndon Johnson returned home after a 12-day hospital stay. Doctors predicted continued improvement. [CBS]
  • San Francisco city workers are on strike; transportation stops and schools are closed. Five unions walked out and other municipal workers won't cross picket lines. [CBS]
  • The state of Pennsylvania charged a fifth person, local United Mine Workers president Silous Huddleston, with the 1969 murders of Joseph Yablonski and his family. [CBS]
  • NASA reported that moon dust kills three different kinds of bacteria. The American Cancer Society wants a sample for testing. [CBS]
  • A CBS poll shows a 9% drop in President Nixon's popularity since November, 1969. [CBS]

Stock Market Report

Dow Jones Industrial Average: 772.11 (-4.36, -0.56%)
S&P Composite: 87.86 (-0.47, -0.53%)
Arms Index: 1.71

Total Volume9.56
* 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
March 12, 1970776.4788.339.14
March 11, 1970778.1288.699.18
March 10, 1970779.7088.759.45
March 9, 1970778.3188.519.76
March 6, 1970784.1289.4410.98
March 5, 1970787.5590.0011.37
March 4, 1970788.1590.0411.85
March 3, 1970787.4290.2311.70
March 2, 1970780.2389.7112.27
February 27, 1970777.5989.5012.89

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