Dismal market as miners slump on exchange day
A weak trading session on the Sydney Stock Exchange saw leading mining shares slide as markets closed in a somber tone before the New Year break. Several sectors softened with mining and exploration stocks tumbling, while banking slid modestly and several firms edged higher amid a generally cautious market.
MENTIONED IN THIS ARTICLE
NEY Stock Exchange
Bank of Nsw
Bank of Adelaide
Slater Walker
Waltons
Tellas
Melbourne
Sydney
WMC
Grom Baniker
Tate
Thorlay
Wamersey
Prbco
Uh Rougsinville
Mt Lyell
HI South
CRA
AIT
Comsat
Meals
Beldame Stock Exchange
Krty Spies
Sites Forks
Creek We
Commedia
McCoumai
Bae
Milegela de
Wonbide- Sure Oi
Posel~ Fon
Fost
Metaly Exploration
Mamerwey
CRA Rove
Wen Maing Se
WA miners face 476m loss from revaluation
Australian officials warn revaluation would hit Western Australian miners hard by lowering export earnings and increasing costs for local labor. Leaders including ministers discuss impact on Papua New Guinea and regional industries, with calls for cautious policy to shield primary producers.
MENTIONED IN THIS ARTICLE
Mamifngurere
Australia
Associated” Chambers of Manufactures of
Ancatin
Mec
Nichi Aid
Canberra
Port
National Bank Warns Labor Over Postwar Monetary Policy
The National Bank of Australasia warns the Federal Labor Government that postwar monetary policy relies on market oriented measures rather than direct controls. The bank predicts complications as exchange and investment adjustments unfold, noting prior policy failures and the need for productive investment. Six Western Australian iron ore producers face a substantial revenue shift from a major revaluation, with contracts and export saley terms influencing overall outcomes amid the 1970s recession.
MENTIONED IN THIS ARTICLE
National Bank of Australasia Ltd
Labor
T. Hav
Mali
Wester Australia
Australia
Hamersity Ron
Gotworthy Mining
Robe River
Newman
Weelera "Mining Corporation
Dammer Mining
Elimates
Fon
Tigres
Imparsay
Am Aller
Agre
Ional
Mont “Rayalty
Alvtrahan Senty & Son
Sydney Mining and Oil Ledger Faces Turmoil
Fragmentary OCR text shows disrupted names and places. It mentions Sydney mining and oil topics, unidentified events, and scattered references to areas and races. No clear dates, organizations, or outcomes are readable to produce a solid summary or confirm a full item.
Unclear Audio Clippings From Melbourne APRA Report
Fragmentary Melbourne APRA notes reveal scattered names and terms. The readable parts reference Ford and Pinieuyes amid garbled phrases, suggesting a disorganized sales or inventory report with incomplete identifiers and dates.
ANZ Bank Optimistic Outlook Reported
The Australian and New Zealand Banking Group Ltd is nearing expected benefits from joint ventures with ES. The report highlights balance of payments strength and ample international reserves amid global economic shifts, noting cooperation between closely related countries.
MENTIONED IN THIS ARTICLE
Ant New Zealand Banking Group Ltd
ES. Ant
Char Min
Alegancer Ross
Atetmuder
Also Mentioned on This Page
BroNp
Westers Seins
Snes
Hite
Mondside Surman
Aurorailan
Leroil
Beaver
Ateck
Wales
Samtoyell
Hin
Dominion Properties Isc
Jennings
Miler
Ampol Petroleum
X Ve
Mir Baer
Sealth
Suich
Bank of Nsw Paton de
Business & Economics
W.A
Amtralian
Nisweae Greater
Nichols Sand
Verneas
Trade and Secondary Industry
Corrs
Andusiries
Alckeand
France
New Pextand Herald
Alional Meneury Fund
National Bank
Sydney Stock Exchange
Ana
Syria
Riemh
Petunia
London
Betenmie
Wade
Mitale
Eas
Minin
Wall Street
Teaver
Ortion
Snourae
tMoath
ANZ Bank
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