News stories from Thursday April 9, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- President Nixon stated that he still backs Attorney General John Mitchell despite the rejections of two Supreme Court nominees. The President now believes that the confirmation of a southern "strict constructionist" judge is impossible, therefore new nominees will be from outside the South. [CBS]
- Florida Governor Claude Kirk's desegregation blockage has caused a federal vs. state police power confrontation. Federal marshals attempted to arrest Kirk's aide and a local sheriff; the men locked themselves in a school office. Kirk says that he won't submit to arrest. [CBS]
- The Massachusetts Supreme Court ordered the court transcript of Mary Jo Kopechne's coroners' inquest to be made public, denying a stenographer's property rights claim. [CBS]
- American officers are permitted courtesy visits into Cambodia. U.S. "advisers" are accompanying South Vietnamese troops on Cambodian combat missions. President Nixon will make a Vietnam troop withdrawal statement on Thursday. [CBS]
- The Senate urged the President to freeze defense missile deployment in order to aid U.S.-Russia arms control talks. [CBS]
- Despite the threat of measles, the Apollo 13 countdown continued. Commander Thomas Mattingly was pulled from the crew, and substitute astronaut Jack Swigert is being considered. Former astronaut Wally Schirra reported that a last minute substitution is risky because the team is tightly integrated, but delays are costly. [CBS]
- President Nixon discussed an anti-drug abuse campaign with broadcasting executives at the White House. [CBS]
- In labor news, President Nixon announced that he will sign the railroad forced settlement bill. The 16-day-old air controller sick-out has been cured -- healthy controllers are ordered to work, ill ones will be treated, and union leaders face loss of pay and dismissal. Four Chicago trucking firms announced that they will lock drivers out due to a breakdown in contract negotiations with the Teamsters. [CBS]
- Martha Mitchell, the wife of Attorney General John Mitchell, sent a letter to the Arkansas Gazette telling that newspaper to crucify Senator William Fulbright for his opposition to G. Harrold Carswell's Supreme Court nomination. Senator Albert Gore read the story to the Senate. [CBS]
|
Stock Market Report
Dow Jones Industrial Average: 792.50 (+0.86, +0.11%)
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* |
| April 8, 1970 | 791.64 | 88.49 | 9.07 |
| April 7, 1970 | 791.64 | 88.52 | 8.49 |
| April 6, 1970 | 791.18 | 88.76 | 8.38 |
| April 3, 1970 | 791.84 | 89.39 | 9.92 |
| April 2, 1970 | 792.37 | 89.79 | 10.52 |
| April 1, 1970 | 792.04 | 90.07 | 9.81 |
| March 31, 1970 | 785.57 | 89.63 | 8.37 |
| March 30, 1970 | 784.65 | 89.63 | 9.60 |
| March 26, 1970 | 791.05 | 89.92 | 11.35 |
| March 25, 1970 | 790.13 | 89.77 | 17.50 |