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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Dec 24, 1969
Page
2
A messy OCR fragment mentions base metals, stock indices, and various entities. It references holiday plans for stock exchanges, commodity movements, and market activity with unclear specifics. The readable portion notes declines in a ME index and mentions mining, oil, and rates in scattered phrases.
The wool market faced a downturn with lower farm prices and weaker demand, while Anthony Hordern and Sons Ltd disclosed the sale of the Brickfield Hill property to Stocks and Holdings Ltd. The report notes anticipated price declines, altered production expectations in Australia and New Zealand, and a cautious outlook for 1969 70. Buckinghams Ltd announced a complicated bid. Anthony Hordern stake details remained clarified by the chairman.
A bulk carrier bound for Dampier, Ay Tor, sailed from Mamersley Iron in Western Australia with a cargo of 105,642 metric tons. The shipment marks a world record tonnage, signaling a new benchmark for ore exports from the region.
A chaotic financial brief notes rising shares and trader activity amid mining leaders and index moves. It mentions BHP gains, Poseidon, and a broad market rally, with references to stock prices around 18 to 20 and a volatile session across notable industrials. The piece cites the Australian Federation of Allied Trades, its leadership, and a government press role in public relations.
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