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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Aug 24, 1972
Page
13
The Sydney Sick Exchange and Melbourne market centers fell as miners and industrials weakened. Led by Nickel group losses and declines in BHP, CRA, and Pilbara assets, overall sentiment stayed weak with select small gains in some miners and a buoyant note from certain securities as the week opened.
Dry weather will halve Australian wheat yields next year, reducing returns for wheatgrowers. Industry leaders say even rain in the coming month won’t offset losses, with projections of a 30 to 48 million bushel carryover and limited export markets. The Australian Wheat Board chair J Cass and officials warn of tighter supply and prices, while brokers report firmer wool prices amid shifting markets.
Political economist Me Riddl yesterday argued that revaluing the Australian dollar would only hasten the wheat sector’s changes. He warned against unfettered export incentives, noting potential price support and production shifts. Industry leaders urged careful policy, fearing disproportionate impact and calls for government fiat quotas.
Unclear readable text indicates stock prices and market activity on the Sydney Exchange. Mentions industrials and various tickers with fragmented phrases suggesting a busy trading period and price movements. No specific companies, figures, or dates are legible for precise summary.
A fragmented sales column lists items and amounts with garbled names and figures. The readable entries include references to a Kala 110 and a Rover, with dates tied to September and locations on Stee Tee Ragle Street.
Fragmentary OCR text hints at a Sydney Melbourne game or event with scattered player names, scores, and venues. The readable items include references to teams, individuals, and possible match details, but the bulk is garbled. This card captures the readable elements without asserting full results or context.
Fragmentary OCR text mentions a dinner event and oil sector details with unclear names and places. Readable facts are minimal. item appears as a brief social or industry note lacking full context.
A brief markets note reports mining and oil shares moving amid cautious trading. Key players and prices are cited with limited details, reflecting early session shifts and industry sector activity.
A regional gathering in Bangkok discussed monetary policy and regional economic development. Attendees included bankers and officials from Singapore Thailand the Philippines and other nearby economies. The session covered plans for unified financial cooperation and future steps for the Asian banking sector.
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