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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
Jun 09, 1972
Page
6
Australian mining stocks advance with Golds and miners lifting the market on the Melbourne Exchange. Traders note gains across several mining issues, led by stronger gold counters and shares in Rio-Tinto style listings. Prices show mixed but mostly positive movement as analysts cite improving commodity signals.
A garbled OCR page shows stock exchange prices and indices with several company names and figures. The fragment lists price movements, leading risers, and sector tags, including finance and materials, but many items are unreadable or cut. The readable items suggest a routine market snapshot rather than a full article.
Market report notes oil shares led by declines and gains with Melbourne trading showing mixed activity. Mining and energy sectors influence close as investors weigh futures and company performance amid uncertain conditions.
Delegates to the Inter Conference test the need for a new wool authority in New Zealand. The conference voices support for a statutory power over wool markets while stressing careful future planning and management by wool boards. Sir John Acland and H. Waidiainen led discussions on future authority and the scope of power under potential statutes.
The report outlines a capital reduction and distribution plan by H Smith. It mentions a 2 percent stake, 600 ordinary shares, and proposed reallocation of funds to shareholders. The text is garbled but centers on a restructuring proposal affecting ordinary shares and future distributions.
The Tariff Board led by Mr G A Ratigan discussed general duty rates and the 1000 stem inquiry. A report is promised by year end while emphasising the inquiry’s scope and that no aim to reduce Kenora duties was intended. Contacts for further information were provided by Mr Ratigan.
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