Market rises on Nixon China trip optimism
The New York stock market gained as investors welcomed President Nixon’s planned trip to China. The noon Dow Jones average rose to 892.52, with advances ahead of declines two to one on the NYSE. News also cited steady economy growth in April-June and lowest inflation in three years, with Chemical shares led by Air Reduction Exxon and others.
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New York
Nixon
China
New York Stock Exchange
Peking
Union Carbide
Capital Cities Broadcasting
Gulf States
Greyhound
Associated Press
Dow Jones Averages and Utilities Lists Brief
Market bulletin notes figures for Dow Jones Averages and utilities sector with scattered numbers and symbols. No clear article context or coherent events, just fragmented data and references to values such as 499340.1 and 2740.6 amid unrelated tokens.
New York Stock Index Report
New York stock quotes show minor changes with mixed results across sectors. Listed indices include industrial and transportation groups with small fluctuations around prior levels.
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New York
Noora
Senate Rules Committee mulls stripping lieutenant governor of appointing committees
Raleigh AP The Senate Rules Committee decided to study a proposal to remove the lieutenant governor from appointing Senate committees. A motion for immediate change failed. Senators urged caution and noted the lieutenant governor’s growing executive duties could affect Senate leadership.
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Executive Department of State
Nixon visit boosts Chinese moderates in Beijing
AP analysis says Nixon's trip strengthens Premier Chou En-lai's moderate wing within the Communist leadership, favoring peaceful avenues over confrontation. The piece notes Formosa tensions, Vietnam war costs, and the push of the five year plan as China seeks stability and economic growth.
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Associated Press
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Longshoremen Tie Up 100 Ships Across West Coast Ports
San Francisco and 34 ports from Canada to Mexico face a 16th day strike by 15,000 ILWU workers idling about 100 ships. Losses reach millions in wages and diverted cargo as talks stalled. Officials cite $15 million monthly impact on Los Angeles Long Beach, with broader effects inland and abroad.
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San Francisco
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Mexico
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John Parkinson
Harbor Department
Los Angeles
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Man Begins New Idea Rolling Before Road Clear
A proverb notes that many men start a new idea with momentum before confirming its direction. It emphasizes caution and clear goals for successful innovation.
Law Or No Law Draft Lottery For 1972
The Selective Service System says the 1972 draft lottery will be held next month despite Congress delays. The lottery will determine draft order for 1972 with Aug 5 tentatively set, as officials cite fairness and the need for planning for the new school year.
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Tomato Once Called Love Apple in Historical Notes
The tomato was historically known as the love apple in early horticultural records and inventory lists, reflecting early gardener nomenclature before its current common name took hold.
Nixon Seeks Peace Through China Visit
President Nixon champions better US relations with the People's Republic of China as a major step toward global peace. He plans a journey to Peking while facing protests recalling Vietnam. he later dines at an upscale cosmopolitan restaurant before returning home by helicopter.
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United States
People’s Republic of China
Nixon
Peking
Vietnam
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