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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 25, 1972
Page
2
The noon Dow Jones industrial average climbs 9.33 to 922.03 as gains lead declines 3 to 2. Du Pont up sharply on a new contact lens material. securities groups mixed while 60- stock average rises.
Britain’s 280,000 coal miners end a nationwide strike with a decisive vote 210039 to 7581 in favor of a 20 percent pay rise based on a government court’s recommendations. Miners return to work Monday as plans for industrial recovery begin with coal resuming power generation.
Raleigh AP North Carolina presses a price fixing suit against nine major plumbing fixture manufacturers seeking treble damages. Deputy Attorney General Jean A. Benoy argued before the Multidistrict Litigation Panel in Washington DC, with NC insisting on a Raleigh trial as other states favor settlements. The case, filed last September, targets firms producing most of the nation's plumbing fixtures.
Assistant Secretary of State Marshall Green will brief Asian leaders in about a dozen capitals after Nixon returns from China. He will convey that no deals were made at the expense of U.S. allies as Nixon’s talks with Mao and Chou lacked State Department presence. Green’s tour includes Tokyo Seoul Taipei Bangkok Manila Singapore Kuala Lumpur Jakarta Canberra Wellington and other stops to brief leaders such as Sato Thieu and Park. Japan eyes offshore oil tech access in the Po Hai Gulf and a 4000 kilometer Siberian pipeline plan with the Soviet Union.
The noon market reading shows mixed results with several sectors listed. Industrial and transportation indices edge higher while utilities and finance trend modestly, reflecting cautious investor sentiment at midday.
Washington AP a national survey shows that college seniors of the 1970s may be more job and money conscious and ready to join the establishment than 60s students. The economic crunch shifts graduates toward pursuing jobs, with many finding it difficult and sobering campus attitudes about employment.
Across Belfast Dublin and London police probe IRA activity after a Belfast shopping arcade railway yard and Antrim bus depot are hit by bombs. In London raids seize weapons as Dublin arrests rise including Cathal Goulding and Sinn Fein officials. Nine buses wrecked in Londonderry incident. no fatalities reported.
The Charlotte-Mecklenburg County school board approved voter registration of high school youths in schools this spring at the county elections board request. March 27 is declared High Student Voter Registration Day.
Vice President Spiro Agnew continues his routine at the White House while Nixon is away in China. Agnew hosts events at the National Governors Conference and carries on standard duties, with aides noting no deviation from usual vice presidency practices during the 12 day absence.
In downtown Sao Paulo an enormous blaze engulfed a 29 story office building and department store killing eighteen people. Firemen rescued hundreds by helicopter and ladder from adjacent roofs as flames raged for more than three hours. Officials could not confirm the total number inside the building.
Chou Enlai tells American and Chinese delegates that fundamental differences remain but earnest talks have clarified positions. He says history trends toward light, and both peoples share a goal to improve mutual understanding, friendship, and normalize China US relations.
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