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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jul 08, 1969

Page

7

Massive Australian mineral and finance terms flood 1969 market

A dense OCR list shows numerous Australian companies, mines, banks, and commodities. Highlights include references to Aust Motor Marrickville, Commonwealth and banking terms, various mineral names like Copper, Uranium, and Placer, plus multiple firms such as Rio Tinto descendants and BASs. The piece ends noting the Copper Producers' Association of Australia set a price of 60c per unit starting today.

Copper Producers’ Association of Australia

Australia Sees Balance of Payments Surplus Forecast

Australia expects a balance of payments surplus of 150 million dollars this year, a reversal from the earlier deficit forecast. Federal Treasurer McMahon cited revised figures after a budget framing a month ago, crediting reduced deficits and slower government spending, alongside GM Holden’s new VB engine plant at Fishermen’s Bend Melbourne aimed at saving 56 million a year in overseas payments by cutting imports.

Australia McMahon General Motors Holden Fishermen’s Bead Melbourne Inter Oso Ravensthamne Eteven Ravansthore Pancreaen Patel Arts Hawkstone Consul Gold Carr Boyd Dominion Murchison Genoa Noblex SOO Queensland Mines GM H

Australia’s foreign reserves slump as IMF timing cited

The Reserve Bank reported a decline of about 79.6 million in Australia's foreign holdings during the week ending July 2. Officials attributed the drop to sizable sales of foreign exchange to cover external payments. The move reflects the government’s effort to meet overseas debts while maintaining currency stability.

Australia Noblex Genaa Reserve Bank Timor Southland S

Public issue of shares fully subscribed at North Flinders Mines

North Flinders Mines public issue of 4,994,35000 shares has been fully subscribed. Underwriters were N C Shierlaw and Associates, and Guest and Bell. The public were offered 9,994,100 fully paid 50c shares, and four million shares paid to 20c. He commended the company for developing the motor through Australian skills.

North Flinders Mines N. C. Shierlaw and Associaates Guest and Bell

WA Newspapers Shares Ease on Perth Stock Exchange

West Australian newspapers shares eased 20 cents to 6.20 on reduced turnover at Perth yesterday. Opening sales were 6.36, closing Friday at 6.40, then eased to 6.20 by midday with limited buying. Total turnover about 1,750, versus 23,250 Friday. In Melbourne Herald and Weekly Times Ltd eased to 3.55, bid for WA Newspapers two-for-one, offer valued at 37-10 a share.

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Outlook Improves Despite Low Farm Income in 1968-69

Farm income in Australia for 1968-69 remained depressed even as records were set for the volume and value of rural production in the financial year ending last month.

Australia

Australian farm income and production rise but lag peak years

An Australian Agricultural Council briefing shows farm income in 1968-69 higher than 1967-68 by about 400 million but below the 1964-65, 1966-67 peaks. Anthony notes gains in outputs like dairy, barley, and sugar despite drought and rising input costs, with rural exports forecast to improve and total meat and cereal production rebounding. He cites record sugar output and a rebound in dairy and wool values, while forecast suggests further rises in 1969-70.

Mir Anthony Ion Australian Agricultural Council Adelaide Federtl Tor Prim Queensland Ielion Queens Wheatland Western Australia

London Market Update Mixed Ends Despite BHP Rise

At noon in London the market shows BHP rose 58c to 16.58 while other shares such as AWE and Woodside show varied moves. The snapshot lists several securities with fractional gains and losses including small changes in energy and industrial names. Investors watch metal and resource stocks as prices fluctuate across the session.

London

Losses and dividends at Jantzen and Smiggins units

Jantzen Australia Ltd reports a $129,744 loss for the year to March 3 despite sales rising to $2,991,775 while directors omit the ordinary dividend but continue to pay preference dividends. Smiggins Kosciusko Ltd shows a group net loss of $18,690 for the year to April 30 with no dividend to shareholders and depreciation charges of $45,766.

Jantzen Australia Fins Smiggins (Kosciusko) Ltd

Also Mentioned on This Page

Sydney Stock Exchange Great Houlder Stumuander Lend Mid- Eastern Mid-Eastern Blue Metal Industries Mumours Read Shires Soul Patthiwan Hoopers Swan Breweries Slater Walker Melbourne Stock Exchange Scamander Wall Street Dow Jones Industria Exchange Atdos Sara Alliance Ite & Appleton Roy Campbells Wes Bates Ae Soc Freie Yelone Afotel Soc Gans Jajton Soc Dickson Ace Ickson Dodds Soc Don Ing Dorgan TJ Doulton Fae Dunlop Bunion Filalim Sos Bene Evans Doak Farlex Fairfax Rob Faltvmead Ao Fartey Farrell & Bor Eguldings Avelle Lesa West Jarsoen Sardierr Millante Miller & We Milne Milton St mMivant oBe Way Minerva Zas Ahicn Lidowich Sac Lutn KG Byrne Sean Soc Yerate Hanyne McDonald McSowella Speer Jasen Noaper Gatun Ak Ergern Holmmynl Hotlang Sg Za Meeker Tae Huhwalte Hutton Ae Hivdro Ste Jonesy Henry Caray Aurl Kay Corp Soc Nereier Auc Ld Orighes Tinclhotne el Kenhand Sdc Sue Fale Soc Ornhtum Age Lawhaen Ing Langall Ste Leighton Ora Een Ain Shire WITS Nay Bae Mat Guyar Smith Miles Soltex Crow & Ao Ea Fae Gouthioarg Sexia Atal Consol Cig Abertoria Go Et Borphes Alluwlay Guyver Planet al Do Rennet Gia Iho Simonss So Nortintats Soc Nutini Tancred Act Te Tang Ormoneld Qrananer Soc Paci Acc Paynter Osti Peocless Pelaco Pyold Wright Petrochem Leteer Bovhew Ongrasy Zee Hotel Cee Ins Ag Vincent Ae Vulcan Soc Ros ALTA Ramsay Raymors Walter Foo Frank Reed Warrade Rania Hex Watkins Aimand TY Sory Aigooya Bos Roo Wiring TV Tao Athena Rowe H Wester Wa Aubland Wella Bt Sackville Soc Rao Imai Westen Soc Statois Soc Whittle Selby HO Warmala Shanvant Peers Heaten Hewes Wonderlich Wynyard Simalee Berar Boyer Aanovrion Are Apinalat Cig Penrocarty Irmaut Ineferg al New Inter Gilae Eller Beyer i Abrothow Townson Fas Witte “Veadn Gm-H GM H Feso Flinders Mr Anthony South Lake Wilew Harton Ah Hamierste Jantzen, Smiggins
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