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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Dec 23, 1971

Page

3

Flight of the Doves and Railway Children Shine in Holiday Cinema

Film critic Dougall MacDonald praises Flight of the Doves at Center Cinema as ideal holiday fare with strong performances by Ron Moody and child actors. He also lauds Railway Children at Capitol for its nostalgic charm, noting vivid railway sequences and standout cast led by Jenny Agutter, while urging richer evening fare for adults in future lineups.

Nelson Ron Moody John Cyril Dove Ireland Cromwell Jock Wild Oliver Raye Finn Derval Dorothy Maguire Granny O'Flaherty Stanley Holloway Center Cinema Capitol Nores Hos Weler Sigmel Jeffries Keighley and Worth Valley Yorkshire Dinah Sheridan William Mervyn Peter Bromilow Tain Cothbertson Perks Grandon Gostelow Bernard Crifbins Sally Thomset Gary Warren Jenny Agutter Roberta

Stokowski's Greatest Hits A vivid set of choral and orchestral showpieces

Recordings by W L Hoffmann reviews Leopold Stokowski conducting Handel Bach and Wagner selections with Mart ina Arroyo Shirley Verrett and Louise Parker among soloists The package includes orchestral renditions of Enesco Smetana Liszt Rimsky Korsakov and more praising Stokowski for fiery colorful playing and high musicianship

Stokowski Handel Apech Wagner Enesco Smetma Leopold Stokowski RCA Red Seal Steward Ser RCA Symphony Liszt Chicago Rimsky-Korsakov

Greenvale Nickel Project To Bring $60 Million Export Yearly

Metals Exploration NL and Freeport Sulphur hold major equity in the $220 million Greenvale lateritic nickel project in northern Queensland. The Queensland Government Gazette confirms State approval and a $50 million loan guarantee for a 140 mile railway to Townsville. Construction starts next year and runs to mid 1974 with ore processed to produce nickel oxide and nickel cobalt sulphide for Europe and Japan, but profits remain uncertain due to high costs and $178 million loan repayment.

Greenvale Queensland Metals Exploration NL Freeport Sulphur Group LIS Brisbane Townsville Europe Japan

Massey-Ferguson to Join Retailers in Victoria

Massey-Ferguson Australia Ltd plans to retail industrial and construction machinery in Victoria by next June with a Sunshine sales and service store. Chairman H Weber said 1971 exports were strong and 1972 profits depend on dollar levels and climate, with full-year savings from 1971 expense cuts aiding targets. Production hours were sharply reduced in 1971 to cut inventories.

Massey-Ferguson (Australia) Ltd Victoria H. Weber Melbourne Massey-Ferguson Weber

Move on Sugar to Stabilise Market

The International Sugar Agreement quota limits on exports are suspended to restore market stability. Deputy Prime Minister Anthony said London announced the International Sugar Organisation will make maximum sugar available in 1972 by removing all export quotas for now. The ISO will review the action. the plan aims to reset controls at start of 1972.

Trade and Industry Anethony Anthony Canberra London International Sugar Organisation Anthony Ward Mos Country Party Australia

Pict Directors Debate Acceptance of Tobacco Offer

Pict Ltd Melbourne based frozen foods directors were undecided on recommending the $1.50 cash a share bid from British Tobacco Co Australia. They met yesterday and would reconvene soon to issue a further statement on the possible acceptance.

Pict Ltd British Tobacco Co (Australia) Ltd

Melbourne broker predicts 1972 active stock market year

Group Holdings Ltd chairman A. C. Goode told the annual meeting that 1972 should be active and prosperous on stock exchanges with slightly lower Commonwealth loan and debenture rates. He expected bank overdraft costs to ease and mining shares to rise where dividends are high, noting currency realignment and increased Japanese investment in Australia.

Group Holdings Ltd Melbourne A. C. Goode Commonwealth Loans Eecate Securities Goods

Australian dollar parity under Liberal and Country ministers

Economics takes a back seat to politics as Australia faces possible changes to gold parity. Three days of wrangling by Liberal and Country Ministers may decide whether to retain gold parity or devalue the Australian dollar by two to six percent. Market confidence falters as exchange markets stay closed and capital flows pause. If parity is retained, trade terms shift. if devalued, Australia would see export and import patterns tilt toward Japan while American demand decreases.

Goode Japan United States of America Western World Australia Mr Goods Liberal and Country Party Treasury Reserve Bank Austral America American Australi Aftrian

Australian dollar devaluation debate in cabinet discussions

The text outlines theoretical effects of moving the Australian dollar against gold and yen, arguing devaluation could raise export prospects for rural and mining sectors while raising production costs. It notes potential multilateral counter effects, risk of inflation, possible retaliation from the US and Japan, and Treasury views that devaluation may be temporary with limited real gains.

US demands for EEC concessions begin long negotiation

Brussels reports the United States and the Common Market started negotiations on trade concessions. The talks aim to cover several contentious issues and are expected to span into next month. Willan Eberle, Nixon administration trade chief, leads the US delegation.

Brissels Reuter United States Common Market Nixon Willan Eberle

Union Steam Ship loss narrows for year to Sept 30 1971

Union Steam Ship Company of New Zealand posts a consolidated net loss of 841,512 for the year ending September 30, 1971, smaller than last year’s 1,924,315. The result includes subsidiaries Holm Shipping Canterbury Steam Tasmanian Steamers. Negotiations on prices and potential free trade plans loom into January. Also reports US dollar devaluation impacts and currency movements across London and Tokyo markets with mixed effects on other major currencies.

Wellington Comany New Zealand Nsamed Fewland Holm Shipping Company Ltd Canterbury Steam Shipping Company Li Tasmanian Steamers Pty Ltd London

Japan set to lift export prices after yen revaluation

Export oriented Japanese industries plan price increases following a 16.88 percent yen revaluation. Toyo Motor Company notes US prices rise after removing import surcharge, with overall export price gains around 6 percent to other countries. Camera makers seek 18 to 20 percent raises, Toshiba cites yen float and staggered export orders for wider price ranges.

Tokyo Toyo Motor Company Japan Camera Industry Association Tokyo Shibaurm Electric Company Toshiba

London market brief shows mixed moves and small shifts

A fragment notes activity in London as shares and commodities move modestly. No clear headlines or identifiable entities beyond generic market terms, leaving the exact instruments and events unreadable.

Large miners shielded from new US currency impact

MIM Holdings Ltd and other major Australian base metal producers face prices largely tied to London Metal Exchange. Contracts in sterling dominate, with some iron ore and coal shipments invoiced in US dollars. Chairman W Foots notes prices reflect global currency realignment and still favor dollarized receipts.

MIM Holdings Ltd London Terday W. Foots Mt Isa Mines Ltd

Also Mentioned on This Page

By Dougal MacDonald PH Nelson Perval Eunkim Vheil Wranms Villans Dublin W. L. Hoffmann Scriabin Shostakovich Ives Bach Snibbo O'Donnell Youth Centre Limestone Avenue Braddon Ainslie Rex Massey-F Stote Sunshine Mr Weber Colly Cuprland Aluapely Wurman Tae Wesmey Austin Bae Winem Inental v Australas Othe Faure Pevahoe Union SS FEC Pherke Aml Hiam
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