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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Aug 01, 1969

Page

6

Dull Sydney trading after two new stock listings

Sydney stocks Omega Oil and Highland Gold Development opened higher but soon slipped. Highland opened 27c rising to 29c before finishing at 28c on 66,400 shares. Omega Oil started at 1s6d, slid to 1d, then hovered around that level. Overall market activity remained quiet with mixed early profits fading as the session progressed. The report lists extensive price moves across numerous listed securities and sector sentiment remained lackluster.

Sydney Stock Exchange Omega Oil Highland Gold Development Highland Isc At &c Sydney London BHP James Hardie Hardie Holdings

Melbourne sales Sydney mining and oil stocks surge

Melbourne markets show broad mining and oil stock activity with strong interest across Aust, including Consol 65, Endeavour, and Anglo linked listings. Investors move through names like Ample, Petrocarh, and Pan Pacific, amid volatile shifts in commodity prices and intercity trading cues.

Sydney AL Consol del Ie Us Aberfoyle Acmex Afl Crusade Cirnals Second Board Fame Endeavour Faraout Genoa We Lemon Aldus Allama Gey AMC Eno Inter Flin Allied Mile Assoc Ggtur Carr-Hoyd Centron Am Og Lonureach Mugelun Pac Norse id-Escis Hall and Welch Hinkiston Mid East Petrocarh Cuftan Arick Colacmme Dominion Pes Conmar Shea Emperor Endyatin iSsi Manet Olad Daviecoris Evansfoew Ete Samoetec Deak Boulder Hammersley Ticor Transall Hattam Hawk Weatherly Aps Wand Hawkes Industrq Kamilirol Kalk Bovis Gg Cig Kaurl Koy Lightweinbe Cake View Soloma

Mawson Coal Project nears full scale with 45 million cost

The Mawson Coal Project nears full scale as a consortium announces a minimum development cost of 45 million dollars. The Igziant industrial complex via Colonial Sugar Refining Co. Ltd has optioned four sevenths of the Haywright group's 70 percent stake. The plan envisions opening coal mines, an ocean bulk terminal for 150000 ton ships, coal treatment plants, and southern Newcastle real estate development, with further evaluation expected.

Mawson Igziant Colonial Sugar Refining Co. Ltd Haywright Group Newcastle

Share Options and Commodity Listings Across Regions

A reads like a historical share and commodity table listing various entities such as Eastern Alcona Dominion Aberfoyle Australasia Petroleum and Queens land Mines with multiple entries. The dense OCR text shows prices quantities and months indicating a market summary or stock table from a past newspaper page.

Botaty Lennard Opis Alcona Westone Enduraner Soo Grunt Dominion Aberfoyle Australasia ” Petroleum Bonerelo Abe Timor Gueensland

Assurance firm renames to Amey Life Assurance Company

The Northern Life Assurance Company of Australia Ltd, acquired by Amer Group in January, becomes Amey Life Assurance Company Ltd. It will be identified with Amey of Australia Pty Ltd, owning 60 percent of Amey Life shares with the rest shared among partners. The swap follows Commercial Union’s earlier action and claims no change in operating methods or life assurance business.

Northern Life Assurance Company of Australia Ltd Amer Group Amer Life Assurance Company Ltd Amey of Australia Pty Ltd Amey Life Clonin Automobile Chamber of Commerce Northern Je Wac Insurance Com Assurance Company Ving Ltd Commercial Union Northen Assurance Amey Life Assurance R. G. Glading Northern Life Amey Australia Assurunca

Crusader Oil gains Triton expertise in consultancy deal

Crusader Oil NL enters a consultancy agreement with Triton Oil and Gas Corporation of Dallas after Triton buys over four million Crusader 20¢ shares. Triton will hold no more than 25 percent of voting power and provide a world standard consultancy team of oil exploration specialists. Share purchases totalled over 680 thousand dollars with special sales of 4,953,000 shares at 17¢. Mr Graham Tucker and Mr William I. Lee, Triton chairmen, highlight benefits to Crusader and shareholders, while Lee joins Crusader's board.

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Curbs in Budget should be minor says federation

Australia’s economy is seen as expanding with only minor budget curbs expected. The Australian Council of Employers Federations notes a steady upturn, expects near full employment, and urges restrained tightening to avoid inflationary pressures while maintaining consumer and retail demand.

Australia Australian Council of Employers Federations Nis Jcit Esk Federation

Ralph McKay Ltd Posts Record Profit in Year Ended June 30

Ralph McKay Ltd, an agricultural engineer and gears maker, reports a record profit of 475,909 for the year ended June 30, reflecting substantial improvement in the second half. The firm attributes the rise to better sales and higher efficiency.

Ralph McKay Ltd

Snapper No 2 Well Confirms Gas Presence

BHP and Esso report Snapper No 2 has confirmed a gas column as drilling continues. Development pending further evaluation and market prospects for the gas. Snapper No 2 reached 10,010 feet with plugging operations underway while Ocean Digger drills Clam No 1 at 3,365 feet and Halibut A-5 nears 10,748 feet with bit changes planned.

Bhp-Esso Ocean Digger

Retail sales point to growth as demand uptick begins

June seasonally adjusted retail sales excluding autos rose 3.3 percent from May to June, outpacing April to May’s 1.4 percent. Actual June figures show a 4 percent year over year gain, while the May to May rise was 6.2 percent. Over the year to June 1969, sales grew 7.2 percent to 7,908.3 million from 7,482.7 million, provisional Statistics Bureau figures show.

Statistics Bureau

Also Mentioned on This Page

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