News stories from Tuesday April 14, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- Apollo 13 is circling the moon preparing to return to earth, but an accident has killed the command ship. The lunar landing was canceled because oxygen, power and water are in short supply. Splashdown will be Friday near New Zealand. An explosion occurred, the cause of which is unknown; the hypothesis is that a cryogenic oxygen tank burst. There is no main power and rockets from the lunar module must propel the men home. [CBS]
- Cambodian Premier Lon Nol is seeking foreign help against the Communists in his country. The North Vietnamese and Viet Cong are active near the South Vietnam border. Government troops have retreated and the Viet Cong controls the area. Communists control more of the country than the Cambodian government admits. [CBS]
- The U.S. offered Australia 24 Phantom bombers to replace their F-111 order. [CBS]
- Jerome Holland, the U.S. ambassador to Sweden, was called a "nigger" by anti-American demonstrators. Sweden will officially apologize. [CBS]
- American Envoy Joseph Sisco flew from Cairo to Israel for further peace talks. [CBS]
- President Nixon nominated Harry Blackmun to the Supreme Court. Hubert Humphrey endorsed the choice. [CBS]
- The House passed a 6% federal pay raise bill. An additional 8% increase for postal workers is being considered in the postal reform bill. [CBS]
- Admiral Thomas Moorer is the new Chairman of the Joint Chiefs of Staff, replacing General Earl Wheeler. [CBS]
- A Boston federal judge is blocking the publication of Mary Jo Kopechne's inquest transcript; a stenographer claims the right to the document. [CBS]
- Former baseball player Jackie Robinson urged Congress not to legalize marijuana. Robinson said that his son is on heroin after starting out as a marijuana user, and he asked Congress to cut back defense spending and spending on the space program and invest in kids instead. [CBS]
- Eighty thousand Teamsters are strike, idling many auto workers. The air traffic controller strike appears to be over, however, as most are back on the job. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 780.56 (-5.34, -0.68%)
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 13, 1970 | 785.90 | 87.64 | 8.81 |
| April 10, 1970 | 790.46 | 88.24 | 10.02 |
| April 9, 1970 | 792.50 | 88.53 | 9.06 |
| 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 |