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Wednesday April 15, 1970
. . . where the 1970s live forever!

News stories from Wednesday April 15, 1970


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

  • Apollo 13 will make a critical mid-course correction tonight; a minor mistake would be fatal. There is sufficient air, water and power only if all goes well. A battery overheated and had to be shut off, which may cause a power shortage. Soviet and British ships are near the splashdown sites. Pope Paul is praying for the astronauts. [CBS]
  • Antiwar demonstrations on the day of the IRS' tax return deadline focused on the cost of the Vietnam war. In Cleveland, mounted police dispersed protestors outside the AT&T stockholders meeting. Defense contracts are 1% of AT&T's business. Elsewhere, Senator Charles Goodell denounced the war and federal government policy. Actress Jane Fonda stated that she supports the troops' "sick strike" against the war. University of California students battled police during demonstrations in Berkeley. [CBS]
  • President Lon Nol called for his people to drive the Vietnamese Communists from Cambodia. Vietnamese civilians were massacred in response. Bodies were seen floating down the Mekong River. [CBS]
  • Arabs protested against America in Amman, Jordan, and they attacked the U.S. Embassy and burned a cultural center. American envoy Joseph Sisco's visit triggered the violence. [CBS]
  • U.S. and Soviet Strategic Arms Limitation Talks begin tomorrow in Vienna. [CBS]
  • Canada proposed extending the control of Arctic waters to 100 miles offshore in order to curb pollution. The U.S. objected; Canada rejected the objection. [CBS]
  • President Nixon called for an end to the dumping of dredgings in the Great Lakes and proposed disposal containment areas as an alternative. [CBS]
  • The government announced the restriction of the herbicide 2,4,5-T after tests showed that it causes birth defects. [CBS]
  • The Soviet Union paid the United States $1,500 for polluting the Gulf of Alaska. A Russian ship was impounded for causing the oil slick; the captain was released. [CBS]
  • The Senate Judiciary Committee hearings on Harry Blackmun's Supreme Court confirmation are being complicated by House impeachment proceedings against Justice William O. Douglas. Rep. Gerald Ford has linked Douglas with gamblers, pornographers and leftists. He urged Douglas' immediate impeachment and denounced the publisher of Evergreen magazine for running a controversial article written by Douglas. Douglas denied knowledge of the article. [CBS]
  • Mary Jo Kopechne's coroners' inquest transcript will be released as soon as possible. A stenographer's claim to publication rights has been rejected. [CBS]
  • The Dallas building from which President John Kennedy was shot is to be auctioned tomorrow. [CBS]
  • A coroner ruled that Dr. Sam Sheppard died of liver failure. [CBS]
  • "Welfare Cadillac" songwriter Clyde Drake was jailed for forging a check to buy a car. [CBS]


Stock Market Report

Dow Jones Industrial Average: 782.60 (+2.04, +0.26%)
S&P Composite: 86.73 (-0.16, -0.18%)
Arms Index: 1.41

IssuesVolume*
Advances5282.82
Declines7315.51
Unchanged3081.09
Total Volume9.42
* 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*
April 14, 1970780.5686.8910.84
April 13, 1970785.9087.648.81
April 10, 1970790.4688.2410.02
April 9, 1970792.5088.539.06
April 8, 1970791.6488.499.07
April 7, 1970791.6488.528.49
April 6, 1970791.1888.768.38
April 3, 1970791.8489.399.92
April 2, 1970792.3789.7910.52
April 1, 1970792.0490.079.81


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