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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Dec 11, 1964
Page
9
The article reports a forecast of a worldwide sugar shortage due to shifting supplies. Tom Murphy of the U S Department of Agriculture warns that prices may rise and production could fall if current trends continue, with producers facing tighter futures and potential shortages in the coming months.
Market activity weakens as Sydney shares retreat from recent highs. Traders note a cautious mood with the All Ordinaries and sector indices slipping while turnover stays firm.
A garbled civic note references overdue maintenance and a stalled project at Savoy with mentions of a meeting, inspections, and a proposed annual report by the AAPA. Details are unclear due to text corruption but imply tensions over funding and timelines affecting local residents.
The director of the Associated Chambers of Manufactures of Australia, R. W. C. Anderson, said Canberra that Australian tariffs are modest compared with other countries. He warned that other nations’ protective measures threaten Australian industry and urged government action to maintain a competitive trade position.
Prices fell across the Piodon Stock exchange with the Financial Times Index down 10.3 points. Traders reported the day’s losses as the biggest single decline since the reactor incident, while markets abroad showed tentative moves and cautious sentiment.
The Sydney exchange closed with mixed quotes as several miners, industrials, and retailers traded unevenly. Notable moves included Gains for West of the rises and declines for Brambles, Woolworths, and Dalgety with several large caps showing limited change amid volatile sessions.
The wool futures market showed a steady tone amid thin trading. Prices per unit remained largely unchanged as traders weighed supply conditions and upcoming contracts.
Members of the Sydney Stock Exchange share office details listing locations at 43 Northbourne Avenue Canberra City and Castlereagh Street in Sydney with contact lines for Melbourne and Wollongong head offices.
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