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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jan 16, 1965
Page
7
Melbourne Brisbane and Adelaide stock markets showed limited gains as two day rally cooled. Trading volumes were below average with many price moves small and several listings, including Index and industrial shares, drifting lower amid a broad market lull.
The Melbourne and Sydney markets show mixed activity with Gippsland Cement advancing while a broad list of industrials and retailers drift. Traders note cautious tone as shares like British Tobacco and CUB fluctuate amid small gains and declines across sectors.
A dense list of closing prices and participants shows various share sales and buyers across Sydney exchanges. Names such as Clark, Conner, Adams, and ANZ Bank surface among numerous companies and entities, indicating a broad market close activity with many stocks and sellers like Cheepa and others noted within the scrambled OCR.
A crowded page shows prices, makers, and buyers for goods and properties. Names like Gardiner, Hawkes, Hunter, and Morley appear beside items such as notes, bonds, and various commodities. The dense catalog resembles a local trade listing with numerous figures and entities across shops and districts.
A high pressure centre off the central coast of New South Wales moves slowly northeast over the Tasman Sea while a ridge extends to central Australia bringing fine warm to hot weather across south east Australia. A trough over the Australian Bight moves eastward. Inland should stay dry and warmer though relief is unlikely amid long dry spell fire danger. a cooler change is expected late in the week. Canberra reports 85 43 deg, Sydney 22 deg, Melbourne 93 deg, Hobart 70 deg. Canberra forecast: Fine hot northerly wind, max 91 deg. Rainfall data shows nil this year. regional brief notes: Southern Tablelands fine warm, light northeast wind. South Coast light north east wind. yesterday fine with mild to warm coastal readings.
In Christchurch on a Friday a magistrate was stumped by the sex of a long haired 79 year old youth named Mr. A. Lee. The judge asked if the hair over the ears indicated a female, and the youth's counsel replied that those were his instructions.
The RAAF plans to spend £63000 over the coming months on six self-propelled air portable trucks. Three will be in service by June, with the remaining three to be delivered over the year for engine removal and installation and related work. The Health Minister and officials outline their use in air force maintenance.
The Minister for the Army Dr Forbes announced Major Copeman of the Royal Australian Infantry won the Field Marshal Sir Thomas Blamey Memorial Award for 1964. Major Parsonage and others are noted in the ceremony as runners up.
London Friday report notes a 4d Bahamas stamp will feature the luxury liner Elizabeth for the first time marking a nautical commemorative issue. The stamp ties Bahamas philatelic commemorations to Royal Navy prestige and ship history.
The notice lists outward and inward mail times for numerous cities including Litmeeton Melbourne Hobart Sydney Brisbane Launceston Perth Sydney and Sydney again with varying pickup and drop times. It chronicles Saturday and Sunday schedules such as out Sat 7 a m in 3 30 pm and inward/out times like 2 30 pm and 6 15 am across multiple locales.
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