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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
Jul 08, 1972
Page
10
The day’s trading featured mixed moves across mining and industrial shares with few standout gains. Major equities like nickel, tobacco, and oil-related groups fluctuated, while several producers and developers reported steady or modestly lower prices amid a broad market slowdown and an ongoing off-market sale.
The article lists various share price indices with numeric values across sectors such as Finance Pastoral 297.31, Tools and Materials, Auto Industry 1152.37 1197.36, Non-Herren Metals 2952.15, Fuel Power 21818 21827, and All Ordinaries 15813, indicating a broad snapshot of market levels and sector performance in a historical finance record.
Fragmented OCR text references Jey Mining and an industrial sale near Melbourne with scattered names and places. Details are unclear and many segments unreadable, but hints point to a regional business activity or auction with entities like Stacey and Gees in Sydney or Melbourne.
The oil index slipped 0.13 to 201.11 after trading days. Market figures show modest declines across leading indicators with several stocks reflecting small losses.
The Prem Me Ton firm identifies an alternative site for a refinery, winning preliminary approval from the Exerconmenal Pro seston Authority. The Upper Swan plan was torpedoed after an EPA report, and Tonkin notes the rejection does not end the protest.
East West Airlines reports passenger growth outpacing Australia’s domestic industry with a 30 percent higher fare rate. General manager J G Riley says figures from the Transport Department reflect the airline’s pricing initiative, with higher prices linked to pulling in customers through package deals and market drive.
The Brokenith Leith Mine near South mine shut down due to uneconomic ore extraction. BM South Ltd announced the decision on 1 April, retrenching about 484 underground and surface workers. The local Employment Office reported 319 mining staff had existed but day after day promised for alternatives. Minerals and Metathirgy reviewed feasibility to possibly take over the mine from RH Sowh, after a feasibility study over three weeks. Annual profit figures show a drop to £1.78 million for the period versus 1976.
Orryan announces new share option plan amid market activity. Wongaan Yedeasour collaborates with local firms to implement the scheme. Wena outlines timing and eligibility while Teftm provides oversight.
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