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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Aug 22, 1964

Page

2

Economy sound says banker at Sydney meeting

The Commercial Banking Co of Sydney chairman D R Lysaght told shareholders yesterday that he cannot recall a time when the Australian economy was stronger. He cited steady income growth and rising productivity as foundations for healthy growth ahead and noted no price instability has hindered business activity.

Commercial Banking Co Sydney D. R. Lysaght Visaght Ovidlevok Lvsaghe Mir. Lvsaghr

Courtaulds Offers 25 Percent Stake in Courtaulds Aust

UK parent Courtualds Ltd proposes to acquire 25 percent of Courtaulds Aust Ltd to gain a controlling interest. Australian directors say they will consider the bid, with a final dividend still payable. The offer values Courtaulds Aust at about 20 shillings per £1 unit, and the board unanimously supports pursuing the deal.

Sydney Courtaulds Ltd London Courtaulds’ (Aust.) Ltd Courtaulds Aust Matober & Nent Cary Tyilelnings Laindon Surtaunds Aust Ross Wiewis Awid Todas Barestors Ater Hulilers Vacurs Ums Ooighis Oo Ooighis Oo Btechneal (Itvoremaincny Rude Kt T> Aulds Ltd Courtaulds Casnar

Olims Consolidated Lifts Profit and Declares Dividend Rise

Olims Consolidated Ltd lifts annual dividend from 12% to 15% for year to June 4, profits rise from 99,025 to 174,726. Directors declare final 7% dividend following prior increase. Reports indicate sales up 15% with higher dealer stocks. Plans to form association with Gas Supply Co Ltd to market LP gas in NSW. Final dividend 5% to be paid. previous year 5%. Net profit jumps to 117,404 excluding asset sale gain of 24,200.

Sydney Olims Consolidated Ltd Lingene Moanufacturer Osti Holdings Leen Neastle The Gas Supply Co. Ltd Newcastle Cil Pas O New South Wales Hiss Cin Newcastle Gras Coke Cy Haine Mb

Stock option transactions across Canberra Sydney and Melbourne

Stock option transactions reported for Canberra, Sydney and Melbourne yesterday show share counts and exercise prices. The table lists three month calls and six month puts with various companies including Alliance, Amalie, Magellan, Morgan and Lend Lease.

Tonkin Plasto Hepworth & CO Sydney Stock Exchange Lend Lease House London Canberra Hunter Street AMP Sevier Wollongong Sydney Melbourne Brannns . Cis Smt Bet Ourluulds Wris TOM Uy ‘Steel Adil Ski Stamonth Alliance Amalg Amalie Chem Faol Ae Chew Hat ‘Magellan Mi Morgan Ae Wil Lend Lease Sokra Tay

Sydney share price index update report

A fragmented market summary lists various sector indices and prices including chemicals, textiles, steel, auto, and energy. The document references Sydney markets and an assortment of stock categories with numeric values and abbreviations.

Bramble Industries to issue bonus shares after October 16

Brambles Industries Ltd plans a bonus issue for shareholders on October 16. Directors expect profits to cover an 8 percent dividend on the increased capital, matching the current 2 percent rate. They will consolidate fractional shares for cash payments. An extraordinary general meeting will follow the annual meeting in Chamber to approve the increase.

Allied Mills Ltd Brambles. Industries Ltd Chinber

NSW Grocers Seize Market Lead Amid Chain Consolidation

The census shows grocery stores expanding into non traditional lines and overtaking bakers fruiterers and milk bars. Chains dominate with giants controlling a large share of sales while independent grocers struggle. Smaller turnover shops shrink as bigger stores grow, signaling a steady consolidation across New South Wales.

Nsw Siits Groceres Foria Victoria N.S.W N.S W Nosw W.S.W

Plant expansion profits fall as cellulose unit underperforms

Directors report profits trimmed by weak production and costly operations at the new machine. Output lower than expected with machine 2 at about 45 percent capacity. plan to restrain costs and leverage remaining capacity to salvage year’s earnings.

Ilirectary

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