Stock Market Slips Offset By Modest Gains Across Sectors
Share prices eased across the board on the Melbourne Exchange with mining and industrials mixed. Notable moves include Placer dropping to 22 cents, CRA rising to 7.00, Woodside climbing 7 to 2.00, and National Bank easing 6 cents while Coles and Woolworths fluctuated. Major gainers included Geelong woolbrokers Densys and BHP showing resilience amid light trading.
MENTIONED IN THIS ARTICLE
Hboard Neeneson
Sydney
Placer
Brekes Hill South
CRA
WMC
Milees
Great Boulder
Beugsinville
Brokee Hil
Woodside
Burmal
Amol Ex
BHP
Industrals
Geelong
Densys Las
Sydney stock exchange prices summary
Incoherent OCR fragment lists stock prices and names with distorted terms. Mentions Nick Mick and Hartog Hastings Hawistane with numbers like 1.08 and 1058s, but many words are unreadable. cannot determine a clear event or outcome.
MENTIONED IN THIS ARTICLE
Evel Bzerty
Hartog
Hastings
Meiland
Beever Opt Oo 74 10 Gabe Wile 72 BH South 73
Beever secures winning score against Gabe Wile as BH South 73 edges 74 72 in a tight contest. The game featured late baskets from Beever and solid defense from South to seal the victory.
MENTIONED IN THIS ARTICLE
Umratie Ld Beever Opt Oo
Gabe Wile
Penfolds Announces Ambitious Expansion Plans
Penfolds Wines Australia Ltd will pack a shop at Tempe Sydney and rebuild its blending and bottling cellar at Minchinbury Rooty Hill over five to seven years. The six acre Princes Highway site at Tempe War was acquired freehold in 19 R and will realise a handsome capital profit. The expansion aims to keep the 129 year old vintner at the forefront of the industry.
MENTIONED IN THIS ARTICLE
Penfolds Wines Australia Ltd
Tempe
Syney
Minchinbury
Rooty Hill
South Australia
New South Wales
Nsw
Princes Highway
Mauri Brothers Profit Rise and Dividend Policy Update
Mauri Brothers and Thompson Limited reports profit after tax and depreciation of 3,362,968 for the year to May 31. Depreciation and tax provisions are 905,686 and 2,798,724 respectively. Directors propose a final dividend of 4% plus an interim to total 10.4% for the year. Sales rose 12.6% from the prior year and a 1-for-4 bonus issue had been approved. In October they sought stockowners approval for increasing nominal capital from 20,000 to 50,040 UK.
MENTIONED IN THIS ARTICLE
Mauri Brothers and Thompson, Ltd
Jast
Goulburn Sales Report Mixed Lambs Strong Demand
Goulburn yarding showed about four lighter runs of around 54 sheep and lambs. Quality remained good with all descriptions represented and competition strong as the market stayed fully firm for all categories. Cross lambs at ready prices to 27.00 show solid trading, merino wethers and ewes also firm with varied quotes, reflecting steady demand for different lines.
MENTIONED IN THIS ARTICLE
Goulburn
Merina Wethers
SIEN
Merino Ewes
Silas Cross Ewes
Hamersley Holdings chairman warns WA pellet plant at risk
Tokyo reports Hamersley Holdings chairman Russel Madigan says Australia’s Labour Government policies threaten a proposed iron ore pelletising plant in Western Australia. He notes tepid interest from Japanese steel companies in a joint venture, despite a believed strong pellets market in Japan, amid minister Conner’s concerns about foreign investment.
MENTIONED IN THIS ARTICLE
Tokyo
Western Australia
Russel Madigan
Hamersley Holdings
Madigan
Japan
Minerals and Energy
Connor
Foreign investment stake discussed in Canberra remarks
Mr Connor's statement in Canberra last week led Japanese steel firms to doubt participation in the proposed project. Mr Madigan added that discussions on the pelleting plant remain tentative at this stage.
MENTIONED IN THIS ARTICLE
Connor
Canberra
Madigan
Gold price drop continues in European markets
Gold fell again as the US dollar showings in Europe weakened after a brief rally. Dealers linked the dollar’s slight rise to the earlier gold decline and noted the opening drop as a technical setback. Prices were quoted lower in Zurich and London after yesterday’s close.
MENTIONED IN THIS ARTICLE
London
Europe
Associated Press
Profi
Frankfurt
Zurich
Early Wednesday Morn Weather Forecast Details
Fragmented forecast notes indicate early Wednesday morning precipitation and pressure readings. Winds shift from east to west with expected rain in the Snowy Mountain region and diminishing after sunrise. Rainfall totals and averages are partially garbled but suggest measurable accumulation and cooler conditions thereafter.
MENTIONED IN THIS ARTICLE
Amman
Jem Cain Manmos
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