Main rises on Sydney change
Nonsensical OCR fragment mentions Sydney change and rising main. No clear event or entities beyond place name Sydney and a rising main.
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jul 14, 1964
Page
4
Nonsensical OCR fragment mentions Sydney change and rising main. No clear event or entities beyond place name Sydney and a rising main.
Fragmented text lists numerous embedded codes and names such as Aust. Berl Aust., Astor H. & MM., Booth Inn, Hotel 49 Aus., Rand, and various odd figures like 249 247 ROW, Miller, Swan, and Booth. Indicates a damaged page with currency codes, entities, and numerical stamps, but no coherent narrative.
Oil stocks attracted buying near steady prices with Barrow Island yielding 725 barrels daily after a drill stem test. Santos announced a material gas flow at Gidgealpa IMA while Associated Australian, AOG, Planet, and Interstate Oil posted modest gains amid a mixed mining turnover and uneven market activity.
Sydney report states William Nash Ltd accepted RM A takeover offer from Ovapaper Ltd after a two month market dispute. The deal values Nash's capital at 37 shillings and sixpence per share for all ordinary stock. The acceptance ends the takeover battle begun in March with the Sydney based stationer.
Sydney report shows misday data with gold reserves down £6.4 million and Australian government securities rising £3.2 million to £2169 million. It notes exchange offers of Ozapape and Mia Worcker shares, with details of share exchanges and an expected decline in Ovapape value after amalgamation.
Delhi-Santos Oil announces Gidgealpa No 4 well produced significant gas flow from 7,194 to 7,246 ft at about 280,000 cubic feet per day with both 1/2 inch and 1/4 inch choke settings. Directors say new head equipment installed and the well could deliver excess of 725 barrels daily in a future test. Santos shares rose after news.
Large contingents from all Australian states New Zealand and several Asian countries gathered in Sydney for the International Engineering and Industrial Exhibition opening yesterday. The sixth biennial event runs through July and features international enterprises with direct participation by Macassian gover nments and exhibits. The Metal Trades Employers Association sponsors the fair.
Lanray Industries Limited Sydney lifted sales 189 percent to £1,120,600 for the year to June 30, with consolidated results after the Penphrase subsidiary. Consolidated net profit for the seven months to January 31 stood at £20,126 versus £393 the prior year, and a final dividend is due in September at 16 percent.
Australian Paper Manufacturers Ltd gains 50 percent of Pyneboard Pty Ltd by buying 230,000 shares from Fletcher Group Investments and Colonial Sugar Refining Co. C S R London reports a joint venture with Oberon NSW plant to supply Midas flight recorders to Aeroflot. The transaction includes cash and premium shares and centers on crash‑proof ejectable tape recorders for accident readings.
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