Market Rally Lifts Mining and Industrial Stocks
Brisbane stock market firmed with mining and industrials leading gains while oils steadied. Major movers included CRA up 10 to 6.40, Broken Hill 8c higher at 7.75, WMC up earlier then 1.60, and BHF climbing 20c to 7.80. Banks and retailers also gained with NSW up 10c to 7.00 and Coles to 1.54.
MENTIONED IN THIS ARTICLE
WMC
South
Wade
Lend Lease
Bask
Nsw
CSR
CRA
Myers
Coles
David Jemes
Weelworthes
Lead Lome
Hooker
Brisbane
BHF
Cor
Wat
Bank of New South Wales
Hemersey
Queensland Copper
MIM
Sydney Stock Exchange Prices Summary
Unable to extract clear facts from the provided OCR text. Summary unavailable due to unreadable fragments.
MENTIONED IN THIS ARTICLE
Sydney Stock Exchange
Melbourne markets drift amid mixed trading and price shifts
The page notes fluctuating share indices with gains in Leading Rises and declines in Leading Falls, highlighting movements in banks, mining, and steel sectors. It includes Sydney and Melbourne price actions, with mentions of unit prices, commodity values, and gold price references amid a busy trading day.
MENTIONED IN THIS ARTICLE
Shere Biss Amelia
Benks Immwumces
Leading Falls
Oso
Steel Amd Enghnering
OTM
Tara Ee
Miatais Mod Minerals
Ondentes Ox Mining
Wall Street
al Ondiewine
Petes Medem
Agummetetion Dales Og
Economy Review Sees Budget as Steadying Influence
Melbourne University’s Institute of Applied Economic and Social Research in The Australian Economic Review says the Budget should have a steadying effect on the Australian economy. It notes inflation pressures but expects no sharp acceleration, urges detailed forecasts, and highlights tax changes, deficits, and tariff cuts affecting investment and liquidity.
MENTIONED IN THIS ARTICLE
Melbourne University
Institute of Applied Economic and Social Research
Australian Economic Review
Quarterly Review
Australia
Treasury
Institutes
Wheatgrowers call for higher incentives in new plan
The Australian Wheatgrowers Federation seeks increased incentives from the Federal Government for a five year wheat stabilisation plan. AWF president Max Ridd said the federation wants a guaranteed $3.00 per bushel price in year one for 250 million bushels of export wheat, applied from the end of this season. The proposal was presented to Senator Wriedt, Minister for Primary Industry.
MENTIONED IN THIS ARTICLE
Australian Wheatgrowers Federation
AWF
Wriedt
Max Ridd
Labor
Federation
Ridd
Australia
Profit Report for BOAC BEA Merger Despite Losses
The merger of British Overseas Airways Corporation and British European Airways yields a 5.2 million pound net profit in the first annual report, reversing last year's combined 300000 pound loss and boosting asset return to 6.7 percent from 2.8 percent. The wheat price plan sees world market parity and price support discussions.
MENTIONED IN THIS ARTICLE
Frank Cranston
Defence and Aviation
Britain
British Overseas Airways Corporation
British European Airways
British Airways
AEST
London
Homebush sales show declines amid weaker demand
Yesterday at Homebush total sales reached 2 347 with sheep and 775 lambs sold. Prices fell across cattle and bulls with cows and grain-fed stock cheaper. Market quotations were lower overall as demand weakened and buyers offered reduced per-head prices.
MENTIONED IN THIS ARTICLE
Lantaisis
Ing Bureau
ANL potential entry in trans Tasman shipping trade
Australian and New Zealand ministers announced scope for the Australian National Line to enter the trans Tasman shipping service. Feasibility studies will proceed as overs eas trade grows, with joint statement noting shared interests and concern for NZ flag employment, aiming for cooperative cross border operation and extended cooperation beyond the Tasman route.
MENTIONED IN THIS ARTICLE
New Zealand
Basil Arthur
Australia
Charles Jones
Australian National Line
Shipping Corporation of
Also Mentioned on This Page
Comalco
National Bank
Ma Slock
Woodside-Barweak
Andaly
A. Ih
Tiae
Ark
Erie Cod
Wrest Pee
Ic & As
TNT
Tomlinson
Valence
Warren
Wehl
Wrnir Civestie Brester Wert
Wetern
White
Wilke
Wicou
Weembe
Va Lal
Wood Hall Migotoard
Melbourne
Sydney
Avn
Ing
Institute
BOAC
BEA
Senator “Wriedt
Homebush Sales
Climate Marketing Bureau
ANL
Sean
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