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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Aug 01, 1964
Page
2
Investors face a dilemma as Ready Mixed Concrete shares weaken amid high price levels. The article notes discussions around opportunities and potential outcomes involving RMEC and key figures, with attention to the share activity and investor sentiment.
In Sydney trading Santos Oil shares jump to 40 6, rising amid market optimism on Australia’s trade surplus. Analysts cite stronger export prices and higher sales, with wool and wheat volume improving. Officials note reserves and export terms widening the balance of payments outlook for the year.
The report blends scattered mentions of stock option activity and finance terms with references to trade balances and government balance of payments. It notes a large deficit in capital accounts and unclear figures for exports amid inflationary pressure.
Lend Lease Corporation Ltd reports a 12 percent drop in earnings for the year ended June 30 with prepayments and higher inflation shaping receipts and government-related credits. The report notes overseas earnings and a mixed investor reaction as shares moved in trading, with markets overall unsettled amid broader commodity and industrial shares.
Lancashire Cotton Corporation chair Robert Lee said the board would accept a 27 million pound takeover offer from Courtauld's man made fibre group. The bid aims to consolidate Lancashire cotton and fine spinning businesses as Courtauld's expands in textiles.
A 1942-03 period shows retail sales reaching new highs with figures pointing to substantial gains over the previous year. The data table notes sales in June totaling £212.5 million, up from £307.2 million in a prior period, reflecting strong consumer activity and market resilience amid wartime conditions.
VW plants in Germany push upgrades and efficiencies as workers report mixed results. Officials say the effort aims to boost output and address recent setbacks, with no timetable for full normalization.
A garbled field report from the Goulburn market notes varied livestock listings and questionable data. The document references goats and lambs, uncertain agent names, and numerical figures without coherent context.
A malformed stock notice reports Sydney Mut and Sydney pautual Insurance Ltd planning to place 150,000 shares at a premium of 10s. The document mentions new entrants to public share lists and a premium share issue targeting investors, with unclear details about the issuing company and regulatory steps.
Readable parts describe a plan to expand transit and capital investments. References to a brewery, Australian locations, and a "steady" direction suggest municipal improvements and funding actions for the year. Details are garbled but indicate ongoing infrastructure discussions and projected costs.
A garbled OCR passage mentions London prices and various seemingly stray names and places. It references stock prices and a Mount Ryell area with hill names, but the content is incoherent and lacks a clear reportable event or identifiable individuals.
Local officials report Cooma backing for a proposed transmission and sewer scheme by the Mountain Authority Channel Te station. The plan involves a Canberra to Cooma translator and aims to serve the area with municipal programs while weighing commercial interests and community impact.
The Snowy Mountains Authority and Cooma Corner support a transliteration change. Officials promote a clearer spelling and cultural accuracy in the region.
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