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 15 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Dec 24, 1966
Page
6
A review notes modest gains in November motor vehicle registrations and hints of improving farm income and consumer spending. NSW and Queensland drought recovery boosts attitudes, with December auto sales possibly exceeding November. If country buyers expand durable goods purchases, retail demand may lift, aiding government growth aims.
A December survey by the Associated Chambers of Manufactures of Australia and the Bank of New South Wales shows manufacturers are optimistic about the next six months despite weak orders. They expect higher output as farmers earn more and capital investment remains cautious, with private financing showing resilience from late 1966.
An economic briefing notes ample bank liquidity and steady domestic prices but warns that higher margins may lift costs. Unemployment rose from 48,571 in October to 59,877 in November with 11,306 more jobless, largely among youth. Despite some factors like Qantas strike and season ends, the rise outpaces employment growth, risking slower income and profits as labour costs have increased. The piece urges caution ahead of the February economy review and questions if consumer spending can sustain labour demand.
London reports a British government decision to raise Anglo Soviet trade quotas by 640000 pounds next year. The agreement fixes annual exchange levels for consumer goods and instruments with Russia, while 9 percent of trade remains outside quotas. Russia and Britain expect higher sales in both directions, with broad overviews of 1965 and year-to-date figures.
Nippon Light Metal, Japan’s largest aluminium producer, says imports could reach about 70 000 tons to cover a shortfall as demand is expected to rise by around 450 000 tons or 12 percent. Domestic producers may supply 380 000 to 790 000 tons, with capacity expanding to 418 000 tons by year end.
The London Stock Exchange reported the buyer of large Pye of Cambridge Ltd parcels acted legally. Chairman Martin Wilkinson said no Stock Exchange action was needed and that the buyer was not Thorn Electrical Industries Ltd nor Philips Industries Ltd. Pye shares slipped to 11/6, nearing Thorn's 10/9 offer.
Gilt edged stocks were in favour over the past week buoyed by the view that a bank rate cut was possible. New Commonwealth loans saw little business, with Rhodesian bonds marked down on Wednesday after Prime Minister Wilson withdrew offers of independence before majority rule.
Martin Corporation canceled its bid for F W Williams. Hooper Bailie Industries offered 425 for each Williams share, seeking control of 40 percent of the stock. Pioneer Concrete Services Ltd reported 97.4 percent acceptance for its ordinary shares and the deferred ordinary shares. Farley Directs acquired Superior Ready Mixed Concrete Pty Ltd and Southern Ready Mixed Concrete Pty Ltd. Petroleum Investments Ltd raised its offer to 274c a share for National Charter Association of Canada takeover. Automotive and General Industries Ltd directors recommend accepting Fire and All Rights Insurance Co Ltd offer at We a share. Cambridge Credit Corp Ltd acquired all issued shares of a private company, details undisclosed.
A court ruled that Graninge AH must pay Bowaters Paper about £710,000 ($1,825,000) after a decade long suit over a 1950 timber supply agreement. Graninge argued prices were fixed. four judges upheld the liability, with potential further implications for related capital issues and plans to expand shareholdings.
A compact market brief lists various company names and share prices across sectors including Ampol, Banks, mining and construction firms. Notable entries show Ambitious mining names, cement and wool groups, and multiple banking stocks with mixed price ranges. The column reflects a fragmented price snapshot with numerous abbreviations and figures.
Trading on the Sydney Stock Exchange closed on a firm note with leaders and minor shares firm. Rises outpaced falls by more than two to one, with 127 advances and 45 declines. Consolidated Gold Fields fell 13 cents to 417, while BHP slipped 2 cents to 56 38. Oil shares stayed firm with AOD up 3, Farmont 2 to 10, Irr Oil up 4, Broken Hill South 6 to 3 25, CMI 0 to 2 75, KiLand up 0 0 to 2 80, Renison up 35 to 8 05. Industrial turnover rose to 1,060,350 with 650,000 Pioneer Concrete shares traded at 1.30, mining turnover 354,350 from 224,750. Holland J rose to 119, Henry Jones up 15 to 3.90, Mangrovite up 12. Bond turnover was 269,500.
The Treasury will increase notes from 98.87 to 98.94 in 13 weeks, lowering the annual yield from 4.58 to 4.26 percent. Treasurer McMahon announced the change aligns with recent declines in yields of short-term Commonwealth securities. The issue maintains a minimum subscription of $10,000.
Consolidated Press Daly Ltd plans a 50 cent premium on new Telegraph and Telegraph shares on January 1, raising 299 500 to reach one million. New stock ranks for two thirds of June’s expected dividend with 20 percent maintained. Conquip Ltd to raise 125 000 by issuing 250 000 shares for four held January 13, with dividends from February 1 and funds for working capital.
Commonwealth Aircraft Corporation Pty Ltd lifted adjusted net profit to 630 172 for the year to September 40. The issued capital of 4 199 994 is held by major investors including BHP Nominees, Broken Hill Associated Smelters, Noble (Australia) Pty Ltd, Rolls Royce Ltd and P and O Australian Holdings. A 336 000 total dividend was declared. Tax rose to 425 000 and depreciation to 159 000.
Mr George Jennings secretary treasurer of Simpson Pope Ltd has been appointed acting general manager replacing Mr Hen Nicholls who has resigned. Mr H W Shileack group finance manager of Freighters Ltd Melbourne has been appointed a director.
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.