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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jan 30, 1970
Page
3
A brief report notes an unspecified raid resulting in the loss of valuables. Details such as location, time, suspects, and exact items were not provided in the readable text. Authorities are described as investigating, with no arrests confirmed.
Local hat shop owner whose name appears in fragments wed in a simple ceremony. Neighbors and few relatives attended, with sample vows exchanged in a small town setting. The event reflects a low profile celebration in the community.
Hamersley Holdings Ltd lodges a $50 million debenture prospectus with a top rate of 8 4 per cent for 20 to 25 years and 8 1/8 per cent for 12 years. Funds target expanding from 174 million tons to 374 million tons of shipping ore this year. Underwritten by Jan Potter and Co of Melbourne. applications open February 24. no over-subscriptions accepted.
Paraburdooore Hamersley announces that the Reserve Bank has approved a Commonwealth borrowing proposal to fund a major expansion. The plan includes a rights issue, new debentures, and housing for workers near Karratha, with targeted production of high grade hematite and development of a mine with 26,000 public shareholders and North American bank backing.
New houses and flats in Canberra during the three months ended December 4 1969 totaled 703 a decline of 11 from the prior quarter. Completed dwellings reached 830 up from 802, while those under construction fell.
Abaleen Minerals NL reports assays from the shaft named des man's shaft showing 109 percent wolfram and 10 75 percent in sedimentary rocks. Directors note possible local exploration potential with Hall Relph and Associates guiding core analysis and uranium prospects in the area.
The Adelaide based Argo Group led by Argo Investments Ltd pools resources with three interstate investment companies to acquire a portfolio valued around $900,000. The move concentrates on assets in mining heavyweights like Conzine Riotinta Australia Ltd and Western Mining Corporation Ltd with exposure to industrial sectors. Directors deferred dividend consideration amid a cautious outlook, noting reliance on farming confidence and overall market recovery.
A 1960s newspaper snippet reports a price increase across all fibreboard products, covering corrugated and solid fibre containers. Industry spokesmen decline further comment as associations outline the scope and date of the planned rise with customer inquiries directed to Howard at the designated contact.
Nissan and British Leyland Motor Corporation announced a potential joint export venture aimed at challenging US car makers. The plan covers markets including Australia, New Zealand, Malaysia, Chile, and Portugal, with Nissan's president and BLMC executives present. The proposal envisions limited joint sales rather than full mutual sales, and mulls production coordination if agreed.
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