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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
Dec 17, 1966
Page
8
The president Mr J Cad Walladey said all major crops were expected to thrive during the year. Wheat production could exceed earlier estimates and the cereal crop was set to improve compared with two years ago.
Cadwallader outlines policy on restocking during inflow downturn and aims to boost export potential through natural resources. He cites iron ore natural gas and copper as growth drivers while urging local capital to fund development and maintain national momentum. He stresses ensuring local ownership of resources and sustained investment income.
In Sydney yesterday 1 APA Holdings Ltd held its annual meeting with chairman L. J. Thompson criticizing the public image of directors. He accused some self styled directors of lacking character and ability, though they can legally describe themselves as company directors.
The report outlines rising demand for dairy products tied to agricultural economies and notes commentary on the Asian Development Bank. It discusses expected production growth, market expansion, and price trends, including cheese and butter, with insights from Mr Cadwalader on markets, supply chains, and policy considerations affecting dairying worldwide.
Overseas shipping companies injected 190 million into Australian docking costs and port expenses in 1964 to 1985, figures released by the Faculty of Economics at Queensland University show. The report details total expenditure by the P and O and Orient Lines, with October 1905 to September 30, 1906 amounts noted, and mentions new cargo services announced between the United Kingdom the Continent and the Far East.
AAP reports shifts in US policy on interest on convertible notes amid industry demand. Arrangements in New York set up a $25 million loan for Australia, largely from European sources, with Treasury figures and government safety standards discussed by McMahon and Chissler. Proceedings mention timing, yield expectations, and safety standards for a 196K era loan and the broader impact on industry funding from British and European banks.
L. J. Hooker Investment Ltd reports a severe NSW Queensland drought cutting income by 683.007 at the annual meeting in Sydney. Chairman L. J. Hooker cites losses in property yields and tenancy adjustments aimed at protecting assets. He notes drought effects were most severe in the second half of the 1965/66 year but expects improvement if business conditions improve and profits for the full year may be earned.
A lengthy, mixed-article fragment reviews economic theory and bank commentary. It mentions Repco share trades, Winroe Stack exchange, and notes on inflation, national income theory, and Cameron’s introduction. The tone resembles a scholarly analysis with market observances and discussions of economic hypotheses.
Consolidated Gold Fields shares slipped 2c to 83-98 on the Sydney Stock Exchange as metal exploration spotlight shifted attention elsewhere after nickel findings near Greenvale in North Queenland. By close, exploration stocks rose 46c, while Jet Metals and Verney Chemicals edged up and Amerstate Oil fell. Market turnover rose to 11,410.
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