News stories from Tuesday April 21, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- South Vietnamese President Nguyen Van Thieu stated that he hopes that U.S. troop withdrawals will be matched by an increase in economic aid. [CBS]
- Egypt claimed that Israel suffered heavy losses in a Sinai air raid, and Arabs intensified attacks in the Gaza Strip. Israeli businesses were hit by Arab guerrillas for being symbols of the occupation. [CBS]
- Misael Pastrana Borrero appears to be the Colombian presidential election winner; opponents have charged vote tampering. In Bogota, rioters and soldiers battled in the streets. A full revolution may result from continued election protests. [CBS]
- Moscow and Peking denounced each other as Communist renegades during Vladimir Lenin's birthday celebration. [CBS]
- In a victory for liberals, House Judiciary Committee chairman Emanuel Celler will head the impeachment investigation of Supreme Court Justice William O. Douglas. [CBS]
- Congressman William Cramer is opposing G. Harrold Carswell for the Republican Senate nomination in Florida; Cramer has President Nixon's endorsement. Cramer supported Carswell in the past. [CBS]
- The UAW has made pollution control a collective bargaining issue. It is demanding that the auto industry set a timetable for implementing non-polluting engines. [CBS]
- State troopers patrolled Penn State University after students violently demanded amnesty for arrested demonstrators. In Kansas, the governor took action as a result of University of Kansas firebombings. The student union building was burned; racial trouble and militants were blamed. The governor alerted troopers and the National Guard and set a campus curfew. Student leaders in Boston complained that peaceful change attempts are fruitless. Violence gets better results. [CBS]
- Black Panther Bobby Seale apologized to a judge for disrupting his court. Seale is awaiting trial for kidnapping and murdering an alleged informer. [CBS]
- In Trinidad, rebel soldiers and black power advocates are rioting and fighting the government. A state of emergency has been declared. [CBS]
- Democracy in Greece has been over since 1967. The royal family was exiled, political opponents jailed, and others have fled. Yet the country prospers. The Greek regime claims that ties with the United States are strengthening and tourism is increasing. Industry is booming and the economy is growing. American investments are aided by the Greek government. The ruling military junta controls all. Former defense minister George Mavros says it's a pity that the U.S. government supports the totalitarian Greek regime. Democracy is dead in its birthplace. [CBS]
- Cambodian troops used Vietnamese peasants as shields in an attempt to recapture a village. A general claimed that they were testing the enemy's conscience and gun positions. As many as 30 may have been killed. The same pattern was followed in Saang, where a small Communist force took the village, showing the lack of government protection. Then Cambodian troops softened the village with air strikes and artillery fire. The government apparently must destroy its own towns in order to engage the Viet Cong and North Vietnamese. [CBS]
- Two thousand South Vietnamese troops drove two miles into Cambodia to destroy a Communist base camp. [CBS]
- The Viet Cong declared that President Nixon's troop withdrawal statement is a move to mislead Americans about the war; they say the war will only be prolonged. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 772.51 (-3.36, -0.43%)
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 20, 1970 | 775.87 | 85.83 | 8.20 |
| April 17, 1970 | 775.94 | 85.67 | 10.99 |
| April 16, 1970 | 775.87 | 85.88 | 10.25 |
| April 15, 1970 | 782.60 | 86.73 | 9.41 |
| April 14, 1970 | 780.56 | 86.89 | 10.84 |
| 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 |