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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 30, 1976
Page
2
The dollar rose again with a stronger US dollar outlook. The Reserve Bank official in Sydney noted continued gains in the currency, citing a mid rate around 1,1830.40 on the board. The report references Papua New Guinea and Austrian markets amid the lift, highlighting a broader trend in finance.
Support for oil stocks weakened as sessions in Sydney were subdued. Investors watched Santos and Woodside amid limited activity and mixed signals from Foscnveers, with traders noting little decisive movement in the market.
Directors report Poseidon Ltd and its subsidiaries show a estimated deficiency near 7 million dollars with a small group surplus. Receivership actions and intercompany debts complicate recovery while Windurra and Western Australia assets face restructuring and legal steps.
A fragment reads Velie Wee 34071 with unclear reference to RBS and a quoted phrase about 78th ast gallon. The garbled text mentions BoM and possible measurement terms, but concrete facts, dates, places, or names remain unreadable.
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