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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
Apr 12, 1968
Page
10
K g shares edged down to 19 10 after news Perch A 1 well was uneconomic. Laler rose to 19 20, up 20c. New BHP closed 19 25, Hamersley up 70c to 10 10 in sale. Early trades touched 10 20 record, CRA shareholder sales at 13 0, up 50c for the day.
Fragmented text shows London noon references and numbers from financial listings. Mentions BHP at 20.09, London prices, and various time stamps, with scattered company names and figures.
The read text reports a half year to December with profit declines and no dividends, noting fall in sales in February, large impact from Mitsui and others, and revised capital figures. It references a company named Benes Cay and mentions interim results, reduced payout, and adjustments to year figures.
Australian attitudes toward the United Nations Economic Commission for Asia and the Far East are uncertain as Canberra hosts the next FCAFE meeting. The piece notes Australia’s cautious stance, ongoing aid levels, and the potential for UNCTAD 11 outcomes to shape ECAPE discussions, highlighting ECAFE’s evolving role and regional focus.
New York traders sent Wall Street turnover to a historic 20,410,000 shares, a record volume for the world’s largest stock exchange. Traders cited optimism over peace talks and the economic outlook, with some caution about the impact of the Vietnam war and policy on markets.
London insurers brace for large payouts after the BOAC jet crash at London Airport and the ferry Wahine disaster in Wellington Harbour. The Daily Sketch notes a heavy insurance impact this week across the sector.
The Wahing case centers on heavy insurance coverage from Lloyds and others totaling about 6.5 million. The Daily Mirror notes a complex real estate play involving a Fal acting investor group and South Coast Estate. The situation explores whether market negligence or deceit drove costs, with connections to BOAC and London business figures amid a restructuring context.
OCR fragment references a rate of seven dollars per half. No clear context or entities other than London and a monetary figure.
In the annual report for 1967 Nylex Core Poration Ltd projects strong growth for the plastics sector in Australia. Chairman Mr FL Fitapatrick notes rising consumption and expansion plans, with the company prioritizing capital spending and development of new products and markets.
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