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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jan 07, 1969
Page
5
Stock indexes rose as the exchange index gained 5.44 points to 620.23 on a tenth day of gains. Inland Seheeliie and related holdings showed rapid increases due to new funds and higher profits, with Australian nickel stocks also advancing amid mining sector optimism.
Fragmentary text shows a London time reference nine to twelve hours ahead of Australian time. Mentions places such as Woodside Hampton and North Bh. Contains garbled numbers and place names, unclear event or schedule details.
Readable fragments show names and places scattered in a garbled line. No coherent event or date emerges to form a clear item.
Fragmented OCR text discusses Philip Morris US revenue around 1,000 million dollars and shares for Marlboro and Virginia Slims brands. Mentions J F Cuthman chair of filter cigarettes, 1968 figures, and rising market trends with unclear numeric details. Handles multiple names and figures with low coherence.
Slazenger reports sharply higher profit following a company reorganization. Revenue and cost reductions improved earnings despite pandemic related impacts. Paid capital remains steady while depreciation and financing costs are noted. The year shows profit increase from prior figures with emphasis on stronger marketing, product control, and dividend potential.
English Electric Australia Pty Ltd reports a sharp fall in profit for the year ending September 30 with turnover and order intake easing due to softer demand in several fields. Despite heavy investments in production facilities, substantial losses and gains from asset sales are noted, alongside weak capacity utilization and ongoing restructuring.
Robert Hutchinson Ltd and related holdings report improved profits in the year ending December 31, despite increased costs and a higher tax burden. The group plans to maintain a steady dividend on ordinary shares and notes capital reserves after disbursements.
W Murray Australia Ltd of London based ware housemen warned of a trading loss for the year to October. The firm reported net earnings of 387,590 after asset disposals and said rationalisation costs would be incurred. It sold a property and arranged to continue trading from another property with capital movements noted.
QUF buys Western Australia fisheries company in a state-wide consolidation. The deal involves cash and stock, creating an Australian owned enterprise with Carpentry and Northern Australia links. Major details remain undisclosed as Perth announces the takeover and financing.
Readable text notes Halibut and Kingfisher fields with 1,500 million barrels in reserves. References tentative output about 10,000 barrels daily and total around 100 million barrels noted. Mentions BHP and Ewa Share, market reaction with crude price shifts and planned shipments in the early 1970s.
A Monier Industries director resigns as the board considers a wider purge. A telegram confirms James Chandler’s resignation effective immediately, with Redland planning to appoint three nominees if the court approves the arrangement at the next meeting.
Japanese banks move toward merger as leaders including Mitsubishi Bank and another major lender back a plan to unite under a single holding structure. The deal aims to secure deposits and stabilize the banking sector amid evolving economic pressures and regulatory changes.
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