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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Feb 23, 1973

Page

4

Market declines on irregular trading in ING stocks

Stocks on the SYRNEY Stock Exchange closed generally weaker as oils and industrials slipped. Mining names showed mixed moves with some gains and losses, while Bank of NSW held firm at 9.66 and several major industrials fell from recent highs amid subdued sentiment.

ING Syrney Stock Exchange Feko Great Boulder Fae Siar Woodside Burmah BEF Seto ABOU Ite Tousen Sour Tepbeye CRC Nami Bank of Nsw White River J Be Macrctile Holdings Ne Ande Hsbane Stock Exchange Western Mining Rockhampton

Sydney Stock Exchange Prices and Market Slips

Current market snapshot shows varied results with All Ordinaries index falling to around 443.7 while mining and energy sectors show mixed movement. Wall Street declines by 9.3 points to 974.3 after a brief two day rise, traders watching mining shares and steel sectors for directional cues.

Wall Street Den

Leading rises We OL index on second day down mining and oil shares

The OL index fell on the second trading day as mining and oil shares slipped. Investors watched a broad decline with several heavy weights remaining in the red while market breadth remained weak.

Fragmented OCR: Melbourne sales and random codes

Fragmentary text from Melbourne sales mixed with scattered codes and names. Readable entities include Heathens and Reus with unclear context. Overall content appears garbled with no coherent event or outcome to summarize.

Sydney Mining and Oil Figures Amid Turbulent Era

Fragmentary OCR shows scattered names and figures across mining and oil sectors in Sydney area. Mentions include individuals such as Geldaio ERE and Samy Mewin, with dates around 198 Araimana A and 34 age. The text is garbled, but hints at Allied references and times in 1940s style.

Traian Allied TNE TSIC Tatermaie

Australia inches toward dollar devaluation amid capital outflow

Australian Treasurer Crean said December revalue aimed at dampening private capital outflow had visible effects. Preliminary January outflows reached 190 million dollars while February reinforced the trend as US devaluation supported the move. Officials warned balance of payments remained stressed, with strong exports and imports testing reserves.

Australia Mr Crean Canberra Crean United States Yea Januery

Parity change unlikely amid dollar outflows

Discussion notes that without exact figures the capital leaving the county is unclear though January outflow was 9 million. Devaluation fears rise as US dollar weakness could cut reserves of about 4800 million, with Cabinet watching for tighter capital controls than parity shifts.

Also Mentioned on This Page

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