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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jul 28, 1964
Page
2
Fragmented notes describe export opportunities in the chamber and regional trade bodies. Mention of Mr Taplin, Dr N and the Board of Trade hints at membership gaps and attempts to promote exporting amid restricted access for many manufacturers.
Marchant and Co. Ltd failed in an attempt to raise a loan to end receivership. Directors said they were advised London that the loan was refused after Sydney Stock Exchange declined a prior offer. British Tobacco proposed a settlement plan for creditors, including a final payout, but the scheme was withdrawn as Marchant directors declined to back the offer.
Market declines after heavy trading with BHP shares sliding 2 1/2d amid a broad selloff. BHP, Australia's largest public company, posted last year's profit of £1.3 million, yet results lagged 1961 and 1963. Trading opened at 54/9d, index fell, and overall mining stock activity showed sharp losses while some oil shares edged up on modest gains.
Motor firm Isdelisted from official Stock Exchange lists at close of business tomorrow after appointment of liquidator Wallace and Co. Rosbeman confirms further share transfers halted. Australian Ltd, maker of electrical goods, reports unaudited figures and year end totals.
Sydney stock activity fell from Friday levels with total investment shares turning over at 10,002,000. Major names such as BHP and CSR drifted lower while Rothmans and Associated Pulp posted small gains amid a tentative market trend.
A fragmented text describes tax free status for soaps, toothpastes, medicaments, and household items. It references a pamphlet urging that the industry will pass on any reduction benefits to consumers, with mentions of May sales and a pledge to pass savings to the public. The piece notes regulated items and essential goods for the community.
Stock option items list traders in Sydney Melbourne and Cayherra with names and figures. Entries include Amol de Mea ih sno Es and Amol de Mea points, plus references to Gan Isla and Santos with numeric values and dates. The fragmentary notes mention a 108-99 result at Woodside and a three month doubles figure.
A highly garbled OCR fragment lists numerous personal names, places, and miscellaneous terms such as Adelaide, Miller, Walker, Horton, Palmer, Ansett, and Wain. It reads like a late era directory or classifieds page with scattered references to streets, firms, and potential notices, lacking a coherent single event or narrative.
Roderick W. Miller, chairman of the Miller group, flies to talks with major U S oil firms to press for petroleum fuel dominance. He argues Australia must shift to native tanker oil, arguing foreign-flag ships pay higher rates and urging national action to rebalance shipping and fuel supply amidst rising oil company resistance.
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