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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 06, 1972
Page
2
The term dog days traces to ancient Egypt and Sirius known as the dog star. Though the heat belief is scientifically false, heat periods followed Sirius alignment. In late July and early August the sun lowers in the sky yet atmospheric warming can drive extremely high heat in many regions.
The Dow rose 25.06 to 951.06 and the S P 500 gained 3.6 to 110.43 as 1,120 of 1,936 issues advanced. Analysts cited Henry Kissinger's Paris talks and Price Commission hints of looser controls as triggers for the rally. Mattel, Gulf Oil, American Motors, General Motors, Ford, and Chrysler led gains, with notable moves across oils, chemicals, and electronics.
In Nairobi and across Africa a tide of anti Western influence grows as scholars like Okoko Bitek and Taban Lo Liyong argue for an African identity. Movements seek to blend tradition with modern life while leaders in Malawi Kenya Zaire push authentic African culture and reject imported values.
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