This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
May 19, 1977
Page
16
Australian Wool Commission chairman A C B Maiden said the first five selling weeks may see about 44 000 bales offered unless overseas demand improves. He warned the market’s hesitancy and short-term demand justify conserving wool stocks for stronger future demand, with June sale quantities potentially reduced.
Chairman Jaren Millner said Queensland Mines cannot diversify while losses from Nabarlek delays persist and funds remain insufficient. He noted government response to the Fox report and uranium policy as pivotal, with deliveries to Japanese buyers postponed until approvals.
The Insurance Council of Australia urged the Government to cover the costs of operating fire brigades nationwide. It said premiums must reflect subsidies, noting about 90 million dollars contributed by insurers toward five brigade operations in 1975 76, with total costs nearing 120 million.
A jumbled listings page shows mixed stock quotes and prices for numerous names including Foden, Cap, Grace, Mor, and Lord WHO with varied gains and losses. Trading is restrained with scattered activity across sectors as investors weigh small movements and reopen stalled positions.
Disjointed OCR text references oil and mining terms with stray letters and numbers. The readable fragments mention Eng, Bmore, Nap and various codes without a clear narrative or named events.
A four week strike at Associated Smelters Port Pirie in South Australia has 740 workers stood down as supplies dwindle. Amalgamated Metalworkers and Shipwrights Union members briefly returned to work, then walked off after rejecting wage and holiday provision terms. Of the 220 who originally struck, 170 remain idle, with apprentices still on site. The stoppage threatens battery production and jobs.
Mr LT Froggatt has been appointed chairman of the board of Australian Institute of Petroleum Ltd succeeding Mr WM Leonard who is retiring. Mr Froggatt serves as chairman and chief executive officer of the Shell group of companies in Australia. The Institute’s new deputy chairman is Mr Wruizengema, director of Esso in Lid.
A surge in BHP trading on the Sydney share and option markets followed news of a new well find in Bam Strait. BHP moved to 116 pence with a backers’ base around 908. Trade volume during the first hour reached 37,948 shares, finishing at 57,293. options activity topped 290,000 shares with about 80 contracts settled. The Sydney Stock Exchange announced measures to rekindle option interest, halving brokerage on options transactions and lowering minimum commissions from 20 to 10, plus a $3.10 to $24 contract fee reduction.
ACI group shows profit of 15.2 million with turnover rising from 4404 million to 606.6 million and income tax of 224 million. Interim dividend set at sixpence per share while full details mirror ongoing improvement across listed subsidiaries and allied units.
The InterContinental Hotels Corporation US sells its sub-lease interest in Melbourne's Southern Cross hotel to Southern Cross Properties Ltd. The lease runs until June 30 next year with operations passing to Southern Cross. Details on price were not disclosed and the deal includes maintenance of existing service standards.
Mr Fink cited South en Cross Proper as having met and moving toward a future international junk for the hotel. Negotiations would follow as Southern Cross Properties took a 691 hectare site under Teane for 40 years from Melbourne City Council with renewal for two further 58 years. War chimpes in the subtease agreement with THC preceded As termination.
The Murray Goulburn Co operative announced negotiations to sell about 50 million dollars worth of butter and full cream powder to the Soviet Union and Venezuela. Managing director Jack McGuire said a 40,000 tonne full cream powder export to Venezuela has been agreed, with options for 20,000 tonnes annually for the next three years and a 1,100 tonne butter allocation from Venezuela.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.