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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jan 16, 1968
Page
2
A cautious U S banker questions recent Johnson related shifts as Victoria Hotel reports rising profits. Economists join in cooperation in bins tienda. Rowter and Paciliy areas appear in fragmented notes.
In a candid interview, the chairman of Mr George & Moore discusses rising deposits and a potential drive to curb US deficits. He cites the gold price as a lever in international finance, noting influences from Britain, Canada, Australia, New Zealand, and Japan. The piece also references Pacific trade, interim dividends, and policy shifts tied to the ongoing financial climate.
The Sydney Stock Exchange opened firm as mining stocks attracted heavy buying but turned cautious in the afternoon. Overall, rises led declines 150 to 35 with Wester Mining closing at 34 01, Great Boulder at 6.50, Metal Exploration at 33 40, Pek Waltaend up 4 to 457, and Thlewe rising 7 to 457. Prices and names reflect a mixed session amid expectations from Britain's economic review.
Fragmented OCR notes list various share options and prices including Peko at 846, 100 call options, and multiple entries such as Jaffriat Ind 7000, Workman 500, Evin Deabin 1000. Mentions Largreach and 17¢ figures, with scattered dollar values and quantities. No coherent narrative or clear dates.
The article discusses sugar production in northern Queensland and northern New South Wales, noting its economic impact and role in regional development. It covers exports, mill operations, storage and conveyance processes, government measures, and proposed extensions of the Sugar Agreement beyond 1974. It cites farmers, mills, and boards as key actors shaping production and pricing, with emphasis on quotas and domestic supply for the season.
A detailed report outlines how expanding sugar production and price shifts affect growers and mills in Australia. It notes rising costs, indebted farmers, and wives and daughters joining cash trades as credit squeezes deepen, with many seeking work to supplement farm income amid volatile prices and policy changes.
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