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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jan 22, 1965

Page

6

Government agrees to a bills market shift discussed

The text outlines government plans to allow commercial bills and a reserves-led market structure. It notes the central bank’s role in regulating the transition and keeping revenue unaffected while expanding commercial paper and banking operations.

Oil Column Reported at Mereenie Sydney Well

A 300 feet oil column was reported at Mereenie Sydney No 2 in East 4 West Mereenie. Directors said a 304 350 feet thick oil interval over a 1199 feet gas column was observed and drilling would shift to nearby wells for testing and production.

Mereenie Sydney Mercenie Ani N.L Mércenie Mercenie Nu Exoil Ty Sydney Stock Exchange West Mercenis No Wren Kant Mercenie Erat Mercenie Wes Mercennie Johnny's Creek Johniny's Creek Dibony

Pension fund report highlights 40 percent gain

A brief financial notice notes an investment fund’s performance with a 40 percent gain for the period ending December. The report mentions the election of nominees and a December year-end balance, with a receiver appointed to oversee remaining assets and obligations.

Consolidated Parts Co. Ltd interim report details earnings

Directors report that current year earnings slightly exceed 1903 84 figures with a modest rise in the interim period. They note no certainty on ongoing strength beyond the period and indicate stockholders may see changes in dividend practice and past payoffs as the company aims to sustain improved performance.

Consolidated Parts Co. Ltd Adelaide

Tocheys turnover highest in history at Sydney market

The Sydney stock exchange shows record turnover with prices fluctuating as traders react to strong activity. Multiple listings report high volumes and varied bids while analysts note broader market weakness following the surge.

Germany Faces Economic Struggles Amid Surplus and Labour Shifts

The piece analyzes Germany's balance of payments surplus and its impact on domestic policy. It notes OECD and World Bank discussions, rising foreign labor absorption, and the strain on German industry as the economy shifts toward long term investment and employment adjustments.

CP Leader Attacks Board Over Wool Reserve Plan

The CP leader criticizes the board over the wool pricing scheme proposed by the State Country party official Mr Mans. The dispute centers on the Australian Wool Reserve and intended price selling policy.

Medagurne Vinese Tay Strang Mr. Mans

Snag in the Teserve price scheme sparks debate

The article reports confusion and misalignment in a reserve price plan discussed by Kenomien Eater supporters. It notes incompatible aims, price moves influenced by elasticity, and questions about the scheme’s workings and authority. Names such as Missy, Harilfy, and Cornelius appear in discussion of the system's mechanics and oversight.

Timimiks Ahern Rane Siperate Brnsing Saul -Wrammers Til-Viley Netiatans de Mable Eserve Cornelius

Mid Eastern reports Kelvin No 1 and Mlantyre No 1 wells advancing

Directors of Mid Eastern O N L report Kelvin No 1 well at 109 percent drilling progress while Mlantyre No 1 shows further advancement. The compressed text notes joint drilling activity near the well sites in Victoria with unclear details and figures.

Thyee Adee Gasternin Victoria Mid Rustern O_N.L Mlantyre Inieres Way Ales Ainectors Palmer i Uw

Wenzel Batty profits rise as chairman reports gains

Sydney based Viserlag subsidiary of Wenzel Bally and McCirath Ltd posts improved profits to October 31 1964. Chairman A B Wenzel cites current profitability and anticipated policy stability though notes some stock adjustments and dividend receipts of £2907 to parent company.

Sydney Viserlag Wenzel Bally and McCirath Ltd A. B. Wenzel Sould Rae Patna Noard London Butote Ply, Ltd Lever Isi Wenzel sClay Partnership, Com

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