Fragmented local notice summarizes an unreadable item
A damaged OCR snippet from a historical newspaper offers only partial readable words about a local matter. No clear names, places, dates, or outcomes are identified beyond scattered fragments.
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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jul 05, 1969
Page
11
A damaged OCR snippet from a historical newspaper offers only partial readable words about a local matter. No clear names, places, dates, or outcomes are identified beyond scattered fragments.
Abel Lemon Holdings Ltd lifts final dividend and proposes Ashburton Oil NL to split 50¢ shares into 25¢ units, aiming to raise market value and attract investors. Directors note improved results and future drilling plans while maintaining payout prospects amid restructuring.
The Monarch Mure system company links with Universal Tags Ply Lids to create Monarch Systems Australia in a joint venture led by Ian M. Davis. The deal aims to position Australia as a sole manufacturer for all types in viskels and tags under a unified brand, with Amy...
Townson Mercer Olina Ltd announces a planned issue of union mer ceant cumulative preference shares redeemable at 10. A proposed basis values the shire issue at 64,000 per capita, aiming for about 5714000 total. Details remain unclear amid market price claims for St GN rights and theoretical value.
Nigeria pursues economic growth despite conflict, with oil revenue, new industry, and rising imports. Lagos reports 1968 to 1969 gains in exports and investment, while military rulers seek favorable balance of payments. Nigeria weighs EU ties, with debates on association terms and potential broader trade blocs.
The public portion of Mather and Platt offshore project near the Isle of Man shows oversubscription as talks aim at a potential takeover. Key figures include Ralph W. Kingsmare and Terence sites with links to Jardine Matheson and Fleetways. Details remain unclear as the issue tract unfolds amid financial year signals and cross company movements.
In Equity Court in Squiney, Judge Street dissolved the injunction tied to Weatherly plc’s proposed placement and company share plans. The case centered on allegations that Weatherly had acquired around 14 million shares and sought to influence board control before a full hearing. Emergency measures were considered for Tuesday night as the company argues it faced misrepresentation of plans to place shares with US investors.
South British officials in Melbourne report a raised annual premium for the new business year 1958 69. Director Wy Dowd states the increase over the previous year is marginal and cites a 20 percent uplift in overall revenue versus the prior period.
Wool prices steadied in the week ending Tuesday after initial easing. Australian Wool Board notes a total 154,900 bales offered across Sydney Newcastle Adelaide and Fremantle selling centers. Demand remained moderate with buyers from Japan and Europe, plus Australian mills, shaping the market amid generally lower compared with prior weeks.
The Thai tin sector rapidly adopts dredging and new techniques to boost output as export controls tighten. Large companies invest in dredges, with Southern Kinta’s plant cited as a major development. many smaller mines expected to increase production, while global quotes and productivity pressures shape the industry’s evolution.
The text outlines Thailand's rising tin and mineral output, offshore mining expansion, and joint ventures with Australian and British investors. It notes deposits in the Gulf of Siam, new processing plants, and potential future profits, highlighting government incentives and foreign participation while stressing the long term market in Japan.
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