News stories from Thursday August 14, 1975
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- On the sixth day of his son's disappearance, Edgar Bronfman publicly pleaded to the kidnappers of his 21-year-old son, Samuel II, for "additional evidence that Sam is still alive." His plea dashed optimism that had been raised by a tape recording received Wednesday from the kidnappers that included Samuel's voice. Mr. Bronfman said the new instructions on the tape had been met, but "the abductors so far have failed to follow through." [New York Times]
- Sheik Mujibur Rahman, the president of Bangladesh, was reported killed in a military coup that overthrew the three-and-a-half-year-old government. Radio Dacca broadcasts, monitored in India, said the coup was led by Khondakar Moshtaque Ahmed, a cabinet minister, who assumed the title of President. [New York Times]
- A particle representing the basic unit of magnetism, whose existence has been suspected for most of the past century but which has stubbornly eluded detection, is now believed to have been observed. The particle would bear the same relationship to magnetism that the electron has to electricity. Scientists said the finding, if confirmed by further experiments, "could rank as one of the major scientific events of the century." [New York Times]
- Representatives of the United States and Israel began discussions in Washington on guarantees insuring Israel an undiminished oil supply when she returned to Egypt, as proposed in the new Sinai agreement, the Abu Rudeis oilfield captured in 1967. Abu Rudeis has been providing Israel with about 55 percent of her oil requirements. Israel has asked the United States for aid amounting to $350 million a year to cover the cost of purchasing alternative oil supplies on the world market. [New York Times]
- Secretary of State Kissinger gave strong United States support today to non-Communist forces in Portugal in a major policy declaration. He seemed to involve the United States openly in the country's political turmoil by stating that the United States was "ready to help a democratic Portugal." [New York Times]
- President Francisco da Costa Gomes of Portugal sought to delay the ouster of his Communist-backed Premier, Gen. Vasco Goncalves, but protesters in street demonstrations led by Socialists and centrist Popular Democrats in Lisbon and other cities demanded that General Goncalves go immediately. President Gomes, in a meeting with Mario Soares, the Socialist leader, reportedly asked for 45 days in which to replace the Premier, but Mr. Soares was said to have rejected the delay. [New York Times]
- Portugal resumed administrative control of embattled Angola and effectively sealed the collapse of the transitional government made up of Portuguese representatives and officials of three groups that was to rule until the country became independent of Portugal in November. Meanwhile, fighting continued among the three liberation movements. Radio Angola said that heavy fighting among the groups since Wednesday had left many dead. [New York Times]
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Stock Market Report
Dow Jones Industrial Average: 817.04 (-3.52, -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* |
| August 13, 1975 | 820.56 | 85.97 | 12.00 |
| August 12, 1975 | 828.54 | 87.12 | 14.51 |
| August 11, 1975 | 823.76 | 86.55 | 12.35 |
| August 8, 1975 | 817.74 | 86.02 | 11.66 |
| August 7, 1975 | 815.79 | 86.30 | 12.39 |
| August 6, 1975 | 813.67 | 86.25 | 16.28 |
| August 5, 1975 | 810.15 | 86.23 | 15.47 |
| August 4, 1975 | 818.05 | 87.15 | 12.62 |
| August 1, 1975 | 826.50 | 88.75 | 13.32 |
| July 31, 1975 | 831.51 | 88.75 | 14.54 |