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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jul 30, 1968

Page

6

Trading opens quietly on Sydney Stock Exchange amid dull day

Australian and Kandos Cements highlighted a subdued session as profit news urged selling. Prices swung from near 4¢ to 30¢, with mining and oil boards most active. Great Rounder led declines while Wewema Misting clawed back, and Kathleen Investments slipped. Several firms posted losses and minor gains across sectors.

Sydney Stock Exchange Generdas Wewema Misting Burt BH South Kathleen Investments King Tetland Eamperer Magelin Falls Cute

London Noon Market Update Amid Bids and Declines

A London noon report shows BH South down by $1.03 amid fluctuating bids. The note mentions Erin Rod Nera and Dawid, with unclear context but signals a declining move in current prices as traders monitor the market.

London South

Basin calls and share options highlight 16,000 figure

An OCR fragment mentions Basin calls and share options totaling 16,000, with unclear上下 context. The fragment references Se man ll and Ci ditt oc Siw Ste Won Homes and Min ee 1 ny TR Pe in garbled form, suggesting a financial or property listing.

Peak savings bank deposits reach new high in 1967 68

Savings bank deposits rose by hundreds of millions to a new peak in 1967 68. The Statistics Bureau disclosed yesterday that deposits increased to 4 221 5 million, with significant gains during the year and in June 1968.

Statistics Bureau Rene Denen RM Cameron Vorite Tone Tralian Bucome Fune Lron Way

Purrumbete Bank Developments Across June Reports

A garbled summary notes June activity at Purrumbete and savings banks. Mentions Cameron, Gullandine, Gullandine housing, and savings bank lending depths around 3000 feet and millions in deposits and loans. References include Frans Broken ill C29 and Shell Development.

Ata Hee Cameron Gullandine Lazmifon Eavings Bank Shell

Wangaratta Woollen Mills Sees Returns for Year

Wangaratta Woollen Mills Limited reports no recovery in the year ending Tirant rose from 231 21 720 to 269 675. The second profit rose to 3RK,19 in 1965 88. Dividend remains 15 percent with final payout 9 percent, giving per share value around 208 38 compared with 320 40 in 1906 47. Shareholders registered by September 25 receive the payout.

Wangaratta Woolten Mills, Ltd Bue Eho Rau Jon Petcher

MCA to Merge with Westinghouse Planned Merger

MCA to merge with Westinghouse in a proposed deal aimed at adding benefits and services for the public and shareholders. The two firms, long in communications and television, would combine their programs and distribution, with Westinghouse as a major electrical manufacturer also operating in broadcasting and station services.

Wrens McA Fminion Westinghouse Rtwyy Cilmeraun Riding Land Ferevision Americk

Bank of Canada Cuts Rate to Seven Per Cent

The Bank of Canada reduced its rate to seven percent, citing a fall in market interest rates. Governor Lews Raaminsky said the move aligns with lower U S rates and reflected a 70 million monthly Federal Reserve drawing. The bank had cleared 400 million in standby credits not yet drawn and planned no further action beyond this cut.

OV Tawa Reuter Bank OF Canada Hank’s Lews Raaminsky Canada Fed Regi

Brooklands H. reports rising sales amid drought impact

The Brooklands H company notes higher sales in the current year compared with the same period last year, aided by automotive spare parts demand. Management cites liquidity improvement and ongoing real estate and branch activity, despite drought and market volatility affecting sales across regions.

Brooklands H Brooklanda Paris A. Ay Buckerdye

Myer to Buy Gosford Store Amid Plans for New Outlet

A malformed clipping notes Myer’s planned acquisition of a Gosford store and a two level new shop slated for completion by November 1969 after negotiations over land. The piece mentions Bent on expanding, with terms under negotiation and a timeline for opening.

Myer Empaeium Lia Mortimers Gosford Mortimers Operatoes

New Sebels director joins Australian arts group

Mr David Block is named director of Darling and Cadt Ward of Lebels Australia United My. He previously worked as an anti-liciler in Johannesburg, South Africa, and later joined the Ward of Lebels in Australia.

Sebels David Block Darling and Ca Yan Lebels Australia Darling Lund Johannesburg South Africa

Exploitation of own oil urged by OPEC allies

In a distorted report from Vienna, the Organization of Petroleum Exporting Countries urges member nations to exploit their own oil reserves and shift policy to increase world production. The memo, attributed to OPEC members including Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Libya, Abu Dhabi and Indonesia, calls for greater internal exploitation and development.

Vienna AAP Reuter Opbey OPEC Tram Iraq Kuwait Venezuela Qatar Liye Ab Dhabi Indonavia

Cametec earnings rise on profit upturn says preliminary report

Cametec Ltd reports a sustained profit upturn after raising its earning rate from 7.8 percent to 12.1 percent a year ago. The preliminary statement notes 14.2 percent earned in 1967 68.

Cametec Ltd

Ambiguous corporate report hints at interim dividend plans

A rough, garbled excerpt suggests a company facing capital, distribution, and dividend questions. It notes a 10 percent ordinary distribution, a $125,043 figure with a rise, directors outlining factors affecting results, and interim dividend actions with a final rate to be proposed.

Saley

Also Mentioned on This Page

Downer Stock Exchange Renison Cleveland Lisae Healing Millan Gonval Ak Ues Eaders ‘Bourne BO Lasdare Inase Iss Fide Mining Ole Ayaa Kathiewn Invest Ang Ie Aie Falls Lake View Bea Valley Erin Rod Nera Er Dawid Hell Savings Bank Deponits Savin Wangaratta MCA Melbourne Shley Tymen Mmlmpsorg Aslanh Abe Particu Asna Aren Noraien Mr Withheridge Sistine Reeve Memhry Imarcoiboe Aca i Artai Ioc Meniann West Iianium Bourne Itremdy Torin Sydney Wwe Hm Sa Ian Oh Cini “Llntal Agia Iisa I Myer Buys Cametec NEON Ye Gees Tiny 4 Finance Corporation, of Australia Limited Fey Aan Calate
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