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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Dec 11, 1965
Page
7
The Melbourne Stock Exchange closed the week on a firm note with industrials showing 77 advances and 81 declines. Most price moves were small and turnover ran at about average, while several listed names displayed minor gains or losses amid a generally steady session.
Brisbane and Sydney reports show shares firm with Bank of NSW lifting 6d to 56/-, alongside gains for BHP, Hardieris, Rhodes and many mining and industrial stocks. Trading activity remained brisk on the Brisbane and Sydney floors as investors priced in renewed profit expectations for the September period.
A fragmented OCR scene shows stock and commodity prices with scattered names, figures, and dates from the Sydney exchange. The garbled text lists various tickers and traders, including Amoco, Bank, and Steel, interspersed with partial entries and survivor numbers.
L John Sharman 42 managing director of J Walter Thompson Australia has been elected vice president of the JWT parent company and will relocate to New York for international operations. He is the first Australian and one of the last two non US based executives to assume parent company management duties. Carruthers chairs JWT Australia also named vice president. Erskine named vice president Pacific and Australian MD succeeding Sharman. he has led JWT Canada and worked in New York.
Sydney and government investigators review the company affairs after an April 29 1964 appointment of a liquidator. Noteholders may claim portions of assets while ordinary shareholders are told they will not receive proceeds. No report has been made.
Kathleen Investment shares led gains with a 9d rise and 2/9 second rights to 19/. first rights up 2/-. Australian Oil and Gas climbed 10d to 26/10. Beach advanced 2/9 to 6d. Mount Tsu shed 4d to 40/1. CRA steady at 39/3 but fell 3d to 21/3. Leaders firmed. BHP steady at 47/8. CSR jumped 1 to 60/. Tooth up 2 to 98. Other brewers uneven. Carlton Seewabee and Miller up modestly. Tooheys +1d to 10/10. Banks steady with NSW at 546/- and CBA at 21/3 up 3d. All Ordinaries up 0.66 at 314.34. Turnover 470,817 and mining 86,045. bonds £706,050.
A dense OCR style clip shows a long mixed list of names, numbers, and terms. It references banks, miners, companies, and products alongside scattered dates and prices, resembling an index page or market board rather than a narrative story.
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