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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jun 22, 1965
Page
17
Trading overview shows Selling pressure almost halving index activity with minor slips from the day’s highs. Market breadth softened amid mixed results as several shares edged higher while broad declines persisted across sectors.
Motor sales surge with May registrations near 37401 and an annual rate around 440,000, beating earlier targets while seasonally adjusted figures show buoyant demand. Production notes mention factories interrupted by revisions, with continued high levels for several months and a mix of OEMs shaping the market.
Fragmented OCR text outlines a complex project and governance moves by Trans Milnes Cul keaver and related directors. It mentions Western Australia, NSW, Nanos, and Woolworths in a volatile mix of raises, share allocations, and stock option transactions with dates and payables, implying corporate restructuring and project funding steps.
NSW graziers opposed a proposed wool price policy, arguing it would distort markets and favor stockpiling. They asserted a high reserve price could destabilize wool flows, threaten profitability, and undermine market competition while favoring government intervention.
A prominent British economist says that import controls and a selective credit scheme could be needed to counter a rising balance of payments deficit and sterling devaluation. He advocates cash deposits for imports and government restraint to protect the economy amid uncertain global conditions.
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