Nixon measures eyed as dollar outlook unsure in Europe
European money experts awaited opening markets to gauge impact of Nixon's price freezes on the dollar and gold. Dealers noted early trading showed no clear pattern as gold prices fluctuated, the dollar edged higher in some regions yet remained far below pre‑week lows, while Britain posted a larger trade deficit. In London gold opened strong then eased, dollar rates shifted in Frankfurt Zurich and Paris, and commodity prices moved with mixed signals. Agriculture in Texas itself is a $10 billion industry with 35 to 4 percent of the labor force tied to farming and related work.
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Frankfurt
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France
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College Station
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UPS
Texas
Texas Agricultural Extension Service
Arabs hinting aid to ease oil crisis
United Nations diplomats in Geneva report Arabs offering assistance to Western powers to ease oil and monetary crises in exchange for curbing Israel's militarism. Ambassador Edo uard Ghorra of Lebanon warned the Middle East conflict could intensify if Israel's actions continue. U.S. and China to speak as Nixon Brezhnev talks loom next week. John Emery of 410 Sheridan Ave. is recovering after surgery in Presbyterian Hospital Pittsburgh.
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