Tom -
Some of these early quick-disconnect timers were not very smooth and easy to turn, even from the factory. That is especially true of some timers made by CCA (Controls Corp of America). Some have complex and tight cams due to Kenmore trying to cram 30-minute soak cycles and second rinses into the same 360-degrees that less complicated 3-cycles used to nearly fill-up. This resulted in complicated cams with short increments.
If this is the timer in your 1970 KM, its an early one for sure. I don't think there were many quick connect timers before 1970 or so, and there was still many standard types in production use a few years later. Our 1974 Kenmore, which had tiny increments due to the feature laden nature of the timer, was a perfect example - not easy to turn from day one, and we stripped several knobs over the years, as they would eventually crack and the timer shaft would come up through the knob and splinter it. Eventually our timer jammed. We got it un-jammed but the machine only filled on rinse temps after that. A piece of a cam fell out while working with it. I replaced it with a new timer in 1983 before selling the machine. The parts house immediately sprayed the brand new timer with silicone as John described above. Today, that timer has been subbed to a MUCH EASIER turning variant made by Mallory instead of CCA.
I'd bet that if/when you replace that timer, a newer version may turn much more easily.
Oh, btw, sometimes that pop you hear is the escapement getting set to advance the timer.