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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jun 28, 1966

Page

4

Global Economy Slows Across Major Sectors In 1965

A UN Economic and Social Council report shows slower growth in 1965 with steel up less than 3 percent versus 13 percent in 1964, coal petroleum electricity and cement also rising at reduced rates. Developing nations gained little in industrial output, while North America solidified growth and Japan boosted export earnings, as Europe faced mixed demand and Germany and the Netherlands saw slowdowns. Australia New Zealand and South Africa export declines amid weak agriculture and wool prices.

UN Economic and Social Council North America Western Europe Japan Australia New Zealand South Africa European Economic Community France Ialy Germany Netherlands European Free Tide Association EEC

Nations meet in Geneva to study world commodity trade

Dele pates from 28 countries will convene a three week conference opening in Geneva today as the UN Permanent Sub committee on Commodities begins. Delegates from the United States Britain France Japan West Germany and the Soviet Union will prepare a summary of current market conditions in selected commodities and discuss a general agreement on commodity trade arrangements.

Geneva United States Britain France Japan West Germany Soviet Union UN Conference On Trade and Development Unctad

Bright outlook for Australian plastics trade

A nine nation mission led by the British Plastics Federation visited Sydney Melbourne Brisbane and Adelaide last March with two members to Canberra and one to Perth. The report forecasts 14 to 75 percent yearly growth for Australian plastics, emphasis on local manufacturing and fabrication, continued imports of specialist goods and machinery, growing exports of British plastics, and aims toward self sufficiency except for minor needs. It notes expanding use across industries especially packaging and a push into basic plastic raw materials while UK support remains supplementary amid material range complexity.

Nine-Minn British Plastics Federation Sydney Melbourne Brisbane Adelaide Canberra Perth Australia Astralian Fed Fagan Fler Co Jalia London IPEC Cowra New South Wales Commonwealth Fler Conneilsion Products Pty Ltd Erie Ped Hobart Fretory Monwealth Han

Australian minister in London for talks on ore sales and oil

Australian Minister for National Development Fairbairn arrived in London from Paris to lead talks on expanding iron ore sales to Britain and offshore drilling for oil and gas. He will stay in Britain until July 5.

London Fairbairn Paris Madrid Australia Britain Pas

Telex service opens with postmaster general remarks

The Postmaster-General outlines Telex as a modern international messaging facility. He notes Telex allows near real time, typed messages across 80 countries with 2400 subscribers, including 19 Australian centers, vastly surpassing telephone capabilities a dozen years earlier. NSW Minister for Public Works and other officials attend.

Australia Overseas Nsw Lic Hughes Coates T. A. Houstey

Paint-maker lifts interim dividend amid lower profit

The paint maker announced a 14 percent interim dividend for the year to April 30, up from 7 percent, with directors noting the period's results. The final 1 percent dividend remains payable on July 28, supported by profits, while notes conversion and bank closings feature in related actions.

Hasp

Executive shifts and interim dividends prompt board changes

Dodge Con finds sales of Dodge Consols slide while McDonald Industries reports higher costs in the six months to April 30. Brooklands Holdings declares an interim dividend of 84 percent. Sir William Spooner resigns as Hoechst Chemicals Australia chair due to ill health. Frederick Millar named new chairman with Borthwick Arends joining as directors and Colin Walt as alternate director.

Dodge Consols- McDonald Industries Ltd Dated Industries Ltd Morrison-Knudsen Co Ternational Casey Brooklands Holdings He Pak Automotive Oeashanreen Ery Ent Paris William Spooner Hoechst Chemicals (Australia) Ltd Frederick William Millar John Borthwick Lothar Arends Colin Walt

Stock option trade notes from 1966 market page

The clipping lists various option sales and puts across different months and issuers such as Buckley Munn Farley and ewers and Farmont with figures like 64 4fc 6 months calls and 21¢ puts. It records entries for Woodside and Hill Gold with dates and prices, reflecting a market activity snapshot from 1966.

Buckley and Farmont

Fler moves to Hobart as IPEC air freight grows

IPEC's experimental air freight service shows progress in Queensland and Tasmania with Hobart linked shipments. Len Kelly says the project is developing well, planning more flights and potential fleet expansion as the federal policy and industry responses unfold.

Brisbane IPEC Len Kelly

Gippsland Shelf Gas Indications May Boost Oil Field

Announcement reports traces of gas from Gippsland Shelf No 1 and 4 wells amid growing tests. No 4 core sample taken southwest of the well shows earlier oil indications with flows around 730 to 1,182 barrels daily. Floating rig Glomar III operations paused two days as testing resumes to determine commercial significance of these discoveries.

No 4 Gippsland

Williams wind up threat beaten at annual meeting

Sydney report says PF Williams Holdings Ltd faced a motion to wind up the company after drought losses. An amendment sought a vote on distributing ACT shares, but 4,787 supported and 26,547 opposed. About 50 shareholders attended. chairman G J Forsyth noted share distribution issues and expected legislation to be retrospective. Prospects for the year ahead seemed brighter than 1965.

Sydney Williams Holdings Ltd R. G. Blackburn ACT G. J. Forsyth Forsyth

Oil News Halts Fall As BHP Debenture Plans Spark Trading

Traders reacted to BHP proposed debenture issue with a stock drop to 602 in morning trading but recovered after Esso Gippsland Shelf No 5 oil well gains announced. Investment turnover fell to 479,536 from 566,416 Friday while oil and mining shares eased. Market-wide activity quiet with ACT and Burns Philp slips. Santos rose about 2p as road turnover totals 0.59.

Sydney BHP Stock Exchange Esso Gippsland Shelf Whrnover ACT Burns Philp Santos

Also Mentioned on This Page

Bradwell Essex International Atomic Energy Agency Vienna TAEA Bank OF New South Wales the Mutual Acceptance Company London Circuit City Aya Iran Bank of Adelaide Commercial Banking Company of Sydney Limited Stock Exchanges NCR Godham Street Dickson A.C.T HE National Cash Register CO. Pty. Ltd Lake Credits Co. Pty. Ltd Worthbourns Avanus P.O Hulme Darwin McDonald Dodge Brooklands Hoechst Klinger Manufacturing Co Ltd Victoria Broken Hill Pty Co Ltd Esso Exploration Australia Ltd Gippsland Shelf Williams Aldershot Cianid Penfold Woreker Allen Rts Duncans Dylup Pioneer Conc Wynyard Amal Rol Tno Protector Alliance AWA Elders G Mm Amalgamated Dz Ansett Gen Ind Schweppes Bell Bros Gibson H Rs Sleigh H C. Abertie Biwood J Gipps Cement Coffs Aarbour New Symond R LIL Ti Boral Hooker L Tessile Greenhushes Bradt Co Kath Invest Philpoo LAC Cae Toth Jaywoh Tulloch Calvils Jones United King Island al Kohler Metal Canberra TV Lease Wallace J Savers Waltons Moreant Lysiphi Waiters Millaquin North Broken Hill Clark F Weston Oy Clark Myer Whale Coles GJ Ats Whitefield Comeng Seth Williams Wesin Tian Caga Mason Cottees Wormald Main Nat Bank Amalimaten Adams WM Arc An Davies C Nat Cons Norh Brick Newhold Ampol Exploration Allied Mill EMI Nat Mud Readh Cig Ampol al EZ Inds A and K Cement Gillespie Pit Son Ritg G and Goeth Pye Ind Aus Chem AG Corp Grace Fires Repeo Pap Apanaip Woodside Marco Stack Sc Cin Ced Stah H South Bus Marrickville Steamship Mascot Hill Fifry al mM Toobeys Mount Lyell Chown Vickers Ty Moichers Waj Manuf Pacific Shaw River Whinpy Woolworth Western Mining Allen NZ Forst Goh AOA
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