News stories from Wednesday April 15, 1981
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- A return to space within six months was predicted for the Columbia by national space agency officials. As the winged space shuttle underwent post-flight servicing and inspection, the officials reported that its condition was "excellent" and that it should be capable of making at least 100 round trips into earth orbit. [New York Times]
- Pardons for two former F.B.I. officials were granted unconditionally by President Reagan. The two, Mark Felt, who was the second highest official in the Federal Bureau of Investigation, and Edward Miller, were convicted in November of illegally authorizing F.B.I. agents to break into homes in search of antiwar radicals in the early 1970's. [New York Times]
- Firmness on a three-year tax cut was emphasized by a number of top officials of the Reagan administration. Vice President Bush said that President Reagan "would give the veto very, very serious consideration" if Congress approved a one-year tax cut instead of the three-year plan recommended by Mr. Reagan. [New York Times]
- A massive exodus of whites from the nation's largest cities has left blacks or Hispanic Americans as the majority or a substantial minority in most of the cities, according to final 1980 census figures. Blacks are now in the majority in Baltimore, New Orleans and Detroit and are close to a majority in Memphis and St. Louis. [New York Times]
- A prize article was a fabrication, the Washington Post announced. The vivid story, about the life of an eight-year-old heroin addict in the slums of Washington, won a Pulitzer Prize Monday. The newspaper said it was relinquishing the award and that the reporter who wrote the story had resigned after acknowledging that it was false. [New York Times]
- Wide knowledge of federal abuses is held by government workers, but most of them do not report such activities because they believe nothing would be done to correct the situation, according to a government survey. Forty-five percent of those questioned said they personally observed fraud, waste or mismanagement in their agencies in the last year. [New York Times]
- An impasse over a desegregation plan persisted in Chicago as a deadline imposed by a federal judge for submission of a plan passed. Sources close to the school board said that its members were in disagreement over the busing provisions of a plan made public recently. The plan apparently pleased no party to the dispute. [New York Times]
- Polish Communist radicals met and issued demands for democratic changes. The meeting of about 750 delegates from local party units said it was founding a movement for reform outside the control of the party's leadership. The delegates assailed the party leaders and called for freedom of the press and a new openness in Polish society. [New York Times]
- Soviet concern about Poland, expressed in the press, made clear that Moscow's assessement of the Polish situation was unchanged. The newspapers asserted that Poland was being subverted by "creeping counterrevolution" from within and "radio aggression" from the West while the Communist workers yearned for the party to reassert its authority. [New York Times]
- A break in murder cases in El Salvador was indicated by United States officials. They said that two right-wing civilians had been arrested as suspects in the January slayings of the head of the Salvadoran land redistribution program and two American rural labor specialists. One of the Salvadoran suspects was arrested in Miami. [New York Times]
- Faults in international affairs courses were indicated by a survey of 3,000 college students around the country. The study showed that those who take such courses were essentially no more likely to have a grasp of world issues than other students. [New York Times]
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Stock Market Report
Dow Jones Industrial Average: 1001.71 (+12.61, +1.27%)
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 14, 1981 | 989.10 | 132.68 | 48.39 |
| April 13, 1981 | 993.16 | 133.15 | 49.85 |
| April 10, 1981 | 1000.27 | 134.51 | 58.12 |
| April 9, 1981 | 998.83 | 133.92 | 59.54 |
| April 8, 1981 | 993.43 | 134.31 | 48.04 |
| April 7, 1981 | 992.89 | 133.91 | 44.54 |
| April 6, 1981 | 994.24 | 133.93 | 43.11 |
| April 3, 1981 | 1007.11 | 135.49 | 48.68 |
| April 2, 1981 | 1009.01 | 136.32 | 52.57 |
| April 1, 1981 | 1014.14 | 136.57 | 54.89 |