This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 17 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Dec 19, 1964
Page
5
Geoff K. Gray (Holdings) Ltd. has purchased the auctioneering and valuing business conducted by Coleman Page Pty, Ltd. of Sydney, announced at the company annual meeting yesterday.
The chairman Mr G K Gray states the acquisition is cash settled and should boost efficiency in furniture and fine art divisions. Directors note rising operating costs and aim to lift turnover and profits, with Chay reporting progress. Lone 30 and Auction Sales divisions gain, while Gray announces C Stewart elected as director and continuing confidence in the group’s prudent growth plan.
An agricultural economist report analyzes a wool price scheme using elasticity estimates and reserve pricing. It projects five year results with gains up to £24.8m at best and losses around £4m at worst, predicting a large wool stock buildup that would press prices downward when sold.
Britain's George Brown unveils a national incomes policy linked to productivity as part of the Labour government's drive to curb costs and keep export prices down. A joint statement signed at Lancaster House urges management and workers to raise efficiency and adopt higher performance standards.
A L Vincents reports higher sales driven by product quality and service while expanding group activities. Rothmans Tobacco Co Ltd announces an interim dividend of 10 percent for the half year ending December, first interim payout since last year’s 17.4 percent annual payment.
The Tani fourd emergency intervention failed, leaving the company completely lost according to sources. Ledford said Sepa ape is being taken to adjust the situation as a prolonged period lingers. At receiver appointment, the firm showed annual losses around £400 000 and after Boral Ltd’s Consolidated Goldfield acquisition, F R Griffin and A Webb resigned from Mount Lyell board while S L Legal and Bow Andrew from Consolidated Goldfield took director seats.
Receivers state the rate of loss after all expenses including interest and costs has progressively reduced to a cash retrogression. The report covers the period up to October and notes a substantial improvement in net position since prior chargeings.
Chairman L. P. Keating announced at the annual meeting that costings and new price lists have been reviewed since June 30 to secure a proper profit margin. Draft accounts for the five months to November 30 show manufacturing subsidiaries trading profitably despite reduced sales.
Sydney reports the annual meeting of APA Holdings Ltd where chairman L S Thompson notes a record year, rising competition in insurance, and repeated gains in the company’s share yields.
The chairman said the main asset of the holding company includes 952.494 Mindrill shares and Australian Pro my ofia stock assets valued with a 24 percent premium. The board forecast a one for one maneuver to adjust equity and noted annual dividends on old and new shares, with Woodside dividend rate specified.
Mixed trading as investors pushed many industrials higher while mining and oil stocks tempered gains. Trading turnover rose with buyer interest returning to several names, though some declines persisted after a previous profit forecast cut.
A dense list of tickers, dates, and figures including Transoul Transall Ampol Explor ACG and various CSR, NWAUC, NAUC, and Nth B Hill references with three month puts and straddles context.
Melbourne reports Imperial Chemical Industries of Australia and New Zealand Ltd announces the acquisition of the 50 percent stake in Fibremakers Ltd held by British Nylon Spinners Ltd for 14 million pounds. Fibremakers, maker of Breylon and Tergleme fibres, will become a wholly owned subsidiary.
The Bookan Company of Sweley Ltd announces its Hobart Place branch in Canberra, opening Monday as the fourth bank branch in the area. Canberra manager Mr C B Ward notes the bank's historic ties to the city’s early development and rapid expansion. The new branch manager is Mr B J Croom.
John Cadwallader president of the Bank of New South Wales criticizes government restraint measures as failing to affect non bank and fringe operators while warning that wage costs and inflation risks threaten the economy. He urges policy that strengthens real balance and notes potential impact on international reserves and banking system efficiency.
A monthly Bank of Australia report states liquidity tightening this year should not curb internal business activity. It notes £1,320 million assets near year end, with growth potential as school leavers enter the workforce. It highlights sterling strength linked to Britain and outlines export conditions, US slack, and Japan impact, with 1964 to 1965 outlook.
Directors of Philip Morris Australia Light set the interim dividend at 4 percent, up from 5 percent. The payment will be on February 1, with the share register closed from January 20 to February 1.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.