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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 30, 1964
Page
5
Sydney share trading slows to a crawl as turnover hits a record low and only a few stocks show modest gains. The all ordinaries index edged up while the market remains subdued with minimal activity across sectors and many names showing little movement.
A Sydney area survey highlights wheat men for their initiative in temporary storage to safeguard part of the record. Walker and fellow workers are commended for their contribution to preserving grain during the period. The report notes appreciation from Wheat growers and local observers.
Analyzed fragment suggests doubt about price stability under a conservative scheme. It questions whether any reform could prevent price rises or mitigate a potential drop in demand. Overall, indicators point to limited market impact and possible constructively neutral outcomes.
The text depicts activists opposing oat production and criticizing radical price schemes and stockpile strategies. It references fears of synthetic costs, market disruption, and potential harm to buyers, with mentions of industry leaders and political figures debating the proposed schemes and their consequences.
A garbled report questions the economic structure behind a proposed farm market and government plan. It asks who funds support, the level of reserve price, and what compensation growers will receive, while probing the scheme’s governance and aims.
The report surveys buyers awaiting action across Melbourne, Brisbane, and Adelaide amid volatile markets. Mentions Amalgamated, Ampol Exploration, Norseman, and various firms. notes price shifts, stock movements, and subscription activity affecting investor sentiment.
U S Secretary of Agriculture Orville Freeman said quotas on meat imports in 195? would not be necessary and no sizable rise in imports was expected. He noted Australia and New Zealand as potential suppliers and cited anticipated 718 million pounds of imports for the year with market pressures easing due to falling prices.
Market movers show a barely steady tone in Sydney trading with grease wool futures quoted for March May and September. Prices appear distorted by fragmented data and unclear quotations, while stock option activity and farm sector notes reference quota rules and government policy affecting trade.
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