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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jun 08, 1968
Page
10
Market activity shows the stock exchange advancing 3355 points to 459.3 before a mixed session. Tangled notes mention Bearin and Hunter Bros, with references to 50 cent items and various securities, but concrete outcomes remain unclear.
A firmer market in Sydney shows steady demand across sectors. Traders note cautious optimism amid price support and ongoing interest from local buyers, with several key players referenced in the brief update.
Extensive OCR readout covers stocks, options, and commodities with numerous firm and person names. It mentions WMC Sydney listings, Hill 50 calls, Silver Vtg, Amalg bc, Soloma, Gt Boulder, and various regional quotes, prices, and percentages across mining and financials.
A Singapore government bill to extend the white collar workweek to 44 hours, cut bonuses, reduce overtime and holidays, and set compulsory retirement at 55 targets productivity but risks sparking worker unrest. Analysts note industry groups warn of wage pressure and possible friction with unions while critics view it as a political test for the ruling party.
At the close the tape ran six minutes late with major averages near day’s best. Institutional activity was heavy with many large block trades. Blue chips firm, glamour and computer issues rose, copper stocks mostly up except Anaconda which eased. Analysts linked gains to Kennedy shooting fallout but noted fundamentals again drove actions. Volume ran high at about 16 million shares with gains ahead of losses by about 950 to 400.
A dense OCR sample shows a sprawling list of company names, figures, and codes across two rooms. The text blends bank names, trading houses, machine makers, and retailers with scattered numbers, ratios, and product marks, reflecting a fragmented financial ledger or market index.
Dated phrasing notes the chairman's view that the closing yielded success beyond doubt, while judging that the main effort did not reach the expected peak. The fragment hints at organizational deliberations and evaluating performance versus aims.
The offer stands at % per share for each $2 ordinary share in Cliveden Mansions. Before the announcement, Cliveden shares traded at $380 on the Melbourne Stock Exchange. The company has issued capital of $160,010 comprising 80,005 shares of $2 each.
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