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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

May 24, 1977

Page

7

Peacock to lead Australian delegation to Paris meeting

The Minister for Foreign Affairs Mr Peacock said he would head the Australian delegation to a ministerial meeting in Paris of the Conference on International Economic Cooperation. The meeting runs May 30 to June 1, noting CIEC founded after the late 1973 oil price shock and aimed at revisiting relations between developing and developed countries in energy and development.

Peacock Paria CIEC Paris

No major shift in consumer sentiment seen

The University of Melbourne Institute of Applied Economic and Soci Research and Morgan Research report a small April rise in the consumer sentiment index from 98.6 in March to 101.6, but the data show no clear reversal of the ongoing downward trend since January 1976. The survey notes factors like the national wage decision and the December quarter late, yet only 18 percent anticipate better times ahead, up from 14 percent in March, with the overall mood still cautious amid wage freezes and policy debate.

Melbourne Applied Economic Soci Research Morgan Research Aveda

Modest Profit Expected for Qantas in 1976 77

Qantas reports a modest profit for the year ending March 31, reversing a record 4.2 million loss in 1975-76. Chairman Sir Lenox Hewitt cites a better than forecast result, with net profit near 84 million to 85 million expected as accounts close. He warns profits depend on avoiding unforeseen catastrophes and notes superannuation liabilities allocations.

Qantas Lenox Hewitt Aircraft Magazine Bir Lenox

Last Sydney share market prices list snapshot

A fragmented Sydney share market list shows prices for industrials and various equities. Entries include Baer 90, Bon 14, Ean 213, Exp 70, Em 3, Fond 108, Or Katy 172, and several others with mixed values and unclear denominations. The jumble includes company tickers such as AUC, Pope 19, Cane 175, and Den 80, plus option and index mentions like 700 and 330.

Baer Man Orion Wen Fond Oren Remas Hera Mere Ray Pope

Metals Copper and Silver Prices Reported

Copper trading levels show buying at 798 and selling at 7938.50 with a 5.723 finish and a $727 reference. Lead listed at 377.80 with 37 percent, zinc at 337.50 MK, silver at 275 pence per ounce, and gold at SUS147.35 per ounce.

Myer posts record half year sales of 537 million

Myer Emporium Ltd reports a record 537 million in the half-year to January, with profit at 26.9 million. Directors warn prospects for large gains in 1976 77 are not encouraging. Two new Myer stores and new Target outlets planned for spring and calendar year.

Myer Emporium Ltd Australia Kenneth C. Steele Keith A. Rosenhain Niles Deer Steck Rosenhall Myer Department Spriing Knox City Oenire Melbourne Chermside Brisbane Target Discount Victoria Park Western Australia Knox

Chinese mission eyes closer trade ties with Australia

A Chinese mission in Canberra backed by the Australis China Business Cooperation Committee foresees stronger China Australia trade relations. Led by Wang Yue-ting, the group met with Overseas Trade Industry and Commerce Primary Industry and National Resources officials to plan a fourth Joint Trade Committee meeting under the 1971 trade accord.

Australi Australia N. M. Blyton Canberra Blyton Ted China Council For the Promotion of International Trade Wang Yue-ting Overseas Trae Industry and Commerce Primary Industry Nat Lional Resources China Wes Mellyton Turner Cuburg Ching Australis Chinz Agin Chin Wil Mision

Building slump near end McLeay says

The recession in the building industry had virtually ended with pockets of inactivity. Canberra quotes Minister for Construction McLeay saying all sectors show growth and improved position from two years ago. He cites federal allocations to states and lowering money costs as key, aiming to reduce the deficit to about £52.6 million for the next Budget.

McLeay Canberra McLéay Muster Builders Association South Australi Nest

Exporters to PNG seen as complacent in markets shift

Port Moresby report quotes NSW trade mission head Day noting Australian exporters grew complacent about New Guinea markets after independence. He says PNG seeks competitive imports, with firm orders and contacts to follow up. Issues include delays and high Australian freight costs vs UK or US options. containerisation may help. The mission moves on to Monkgaten then Clone Japan.

Port Moresby PNG David Austalia Britain United States Mong Kanetan Japan

Also Mentioned on This Page

Husitiess & Elonoimics Sydney Rey Gil Aled BOS Rae Senet Kanes Den A. ‘Ag Fabeaveur Epa Wis Crete Ian m APA Mina Abe Clas Yangas BES Comey Bal Faybt Baral Tsar Myer Myer House Nsw Vigioria Queensland Wang Ald ACBCC Anthony Treasury Atl Reserve Bank Omer Asl Teres Therisatire Potter Partners Australian Soda United Corporation Limited Graters Lesoe Budinay Pring, Dean & Co Melbatamne Potter Partners Ganbarrai Pring, Dean & Co Addadaledes Pentelow, Tummel & Co Berth James W. Paterson & Son Kirtaizame Novi + Ghavies Elliot Asus
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