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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 29, 1965
Page
2
The report notes a 36 percent profit rise for T N T in Sydney with interim earnings and dividends described. It mentions full details on paid up capital, interim dividend of 7 one percent, and books closing February nine.
A fragment cites U S actions to counter a wheat agreement amid opposition from industry leaders and European peers. It notes suspicions the United States seeks unilateral control and hints at internal White House tensions influencing policy stance.
Sydney reports Mt Isa shares fell after a brief rise trading on the Sydney Stock Exchange. Prices slid from around 39 to 36 11, with the market overall easing and sporadic gains noted early. The Wheat Agreement and trade outlook were mentioned amid market fluctuations.
Directors of the Australia Hotel report no dividend on ordinary shares for the full year awaiting profits. Net profit for the year ended December 31 shows £17,749 after depreciation of £25,089, with the prior year at £12,723 after £22,040 depreciation. Half yearly dividends will be paid on preference shares.
Morley Hohnvar Holdings Ltd directors pushed a rindi offer amid market chatter. A holding company is planned as New Zealand firms face cross border ties and potential share restructuring valued around StA000.
The record notes Cahill property dealings and a new Tavern Restaurant linked project. It mentions a 21 percent term rate, balance sheets, and financial statements for the year ending June 30 1968, with references to Nearwater development and regulatory actions.
The report notes a weakening market trend with uneven performance across shares. Some listings show gains while others fall, including mentions of specific securities and mixed reactions from investors. Overall activity appears cautious with modest volatility and selective price movements.
A lengthy, editing-heavy account traces the role of Harry Bridges and the Pacific Maritime Association in US West Coast dock conflicts. It covers modernization talks, the Mech anisation Agreement, pension schemes, containerization, and shifts in labor and management power, noting broader effects from Hawaii to Alaska and British Columbia.
In Melbourne on Thursday, Stanhill Development Finance Ltd noteholders rejected a reconstruction scheme to allow continuation of the company. A group pledged £128,000 to invest in share capital, with funds available within four hours of approval. SDP shareholders planned to meet February 1.
The Australian Manufacturers' Export Council led by Mr W J Austen urged government credit support akin to a British system. They called for long term export finance from UK banks at a fixed rate, noting quarterly approvals and expanding availability through the Export Payments Insurance Contration. They cited December and September quarter figures to show rising export finance needs and referenced new Australian funding bodies.
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