Dow Rises In Best Gain Since May
The stock market scored its best advance in almost three months yesterday, with the blue chip and glamour issues posting the biggest gains.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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The stock market scored its best advance in almost three months yesterday, with the blue chip and glamour issues posting the biggest gains.
Exxon, Gulf and Mobil report that production of refined products showed substantial increases in July; rises came after Department of Energy criticized pace of crude oil refining as sluggish; Exxon reports its refineries processed 30,000 more bands of crude a day in July than in June; most of major oil companies have announced that their allocations of gasoline to service stations will increase slightly in August despite larger set-asides for states and for priority users (M)
Dow Jones industrial average rises 11.26 points to 859.81; NYSE trading volume totals 45.4 million shares (M)
Survey of trend toward bilingualism in US in response to influx of immigrants from Latin American countries; current estimates place number of Hispanics in US at 15 million, compared with 4-yr-old official census figure of nearly 6 million; bilingualism is seen becoming engrained in areas as diverse as Chicago, Price (Utah), Phila and Bovina (Wis), as well as in such traditional Hispanic enclaves as NYC, Miami, Calif and Southwest; trend has resulted in hiring of bilingual personnel in police depts, hospitals, libraries, social service agencies, TV, radio and other areas, but has created some resentment among some English-speaking groups; illus of bilingual signs (L)
HE'S like an old dog. He knovis what's coming,and what's coming is. that he's going. AcCordingly he's, showing signs of snappish senility, like jumping into Reverse when you think you've started him in. Park. But, skewed‐looking though he is, with his driver's door permanently jammed partly open and roped to his body, in these days of monstrous gas prices the Desert Fox still gets 16 miles to the gallon. I will be sorry to see him go.
Music on My Birthday
The Top 50 albums for the chart week of August 8, 1979, covering August 8, 1979.
The Knack
Donna Summer
Supertramp
The Cars
Teddy Pendergrass
1979Richard Harwood, English cellist[†]
Richard Craig Harwood is a British cellist.
1979Rashard Lewis, American basketball player[†]
Rashard Quovon Lewis is an American former professional basketball player. Lewis entered the NBA directly from Alief Elsik High School. He rose to prominence in the NBA as a scorer with the Seattle SuperSonics, and was later a member of the Orlando Magic, Washington Wizards and Miami Heat. He garnered two NBA All-Star selections, one with Seattle and another with Orlando.
1979Richard Lyons, Northern Irish racing driver[†]
Richard William Lyons is a British motor racing driver that competed in the Japanese Super GT series.
1979Nicholas Monsarrat, English lieutenant and author (born 1910)[†]
Lieutenant Commander Nicholas John Turney Monsarrat FRSL RNVR was a British novelist known for his sea stories, particularly The Cruel Sea (1951) and Three Corvettes (1942–1945), but perhaps known best internationally for his novels, The Tribe That Lost Its Head and its sequel, Richer Than All His Tribe.
In 1979, the world population was approximately 4,368,539,528 people[†]