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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jul 03, 1964
Page
7
A dense page of tickers shows mining and finance shares moving across Sydney exchanges with notable gains and losses. Key names appear repeatedly, including Com Stocks, Galvin, and Tasman, alongside Fremantle, Melbourne, and various brokers. The report outlines intraday shifts and price levels for numerous listed firms and commodity groups.
In Sydney and regional sales, cattle and sheep were penned with generally firm to softer demand. Buyers remained active for primes while overall market eased slightly, noting good quality livestock and robust participation from major firms and local producers.
The Brisbane market saw small advances across industrial stocks with modest gains for firms like BHP, Amplex, and Santos while mining and oil listings show uneven movement. Sugar and Queensland oil indices also displayed fractional shifts as traders priced cautious optimism.
Chrysler Australia Ltd announced changes in its S.M. division. J. W. Wheatley is appointed general manager overseeing the new Chrysler facility at Milperra and the rural dealer network. Senior staff include dealer development manager E. J. Herriot, service manager R. B. A. Butler, and sales manager R. B. Pepper.
Beneficial Finance Corporation Ltd plans to file a prospectus for 340 000 pounds of debenture stock to fund expansion and repay maturing debentures. Rates at National Commercial Bank and others vary by term from four to six percent, with reductions noted from prior offers.
A Housing Commission spokesman told Queanbeyan Municipal Council it plans an inspection of the Collett Place site for aging accommodation. The land is owned by the Queanbeyan District Housing.
Humes Industries (Far East) Ltd will pay unchanged six per cent preference and ordinary dividends despite lower six month profit to June 10. Directors expect encouraging prospects for the year. Homes Industries (Malayal ltd) profitable. Malayan subsidiary still incurs loss. Town Clerk notes site satisfactory and dividend arrangements to be settled with the NSW Lands Commission by July 15.
Garry John Purtell 20 of Cole Street Downer faced charges for offensive behaviour assaulting constables Dee and Baulman and resisting arrest. Witness Senior Constable Ramsay SaIt described an incident near the Sydney Building on June 4 as youths, including Purtell, allegedly taunted officers and set a chair alight. Purtell denied involvement, claimed the chair incident was unconnected, and the hearing scheduled for today.
A solicitor argued the Court of Petty Sessions lacked jurisdiction to hear a charge under the Post and Telegraph Act. Rodney Spratt, based at Base Squadron, Fairbairn, pleaded not guilty as the hearing was adjourned to August 6 to allow Commonwealth views on transportation costs and legal authority under the Constitution.
Paul William Martin of Mavee Street Lakambi NSS.W. was fined £3 by Mr. Keane for driving a semi trailer at 64 mph in Northbourne Avenue on August 31 1967. Police said the limit for such a vehicle was 25 mph.
Lemve or a proceed to judgment to recover migration advances was granted by Mr Keane SML yesterday. The Interim Governmental committee for European Migration London Circuit City was granted leave to proceed to judgment against Rogchino Lamarche MacArthur Place Carlton Victoria for 191/12 2 and against Severino Ruschiatore Rae Street North Fitzroy Vic Loris. In both cases the committee claimed the amounts were deforwarded.
A Supreme Court jury awarded Maris Georgas a £1,256 damages for breach of promise from Michael Konstantinou a tailor. The case centered on an April 26 betrothal with allegations of seduction and a claim she remained a virgin at the time of agreement.
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