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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Mar 12, 1966
Page
7
Melbourne investors push higher led by ICTANZ, Lysaght and MLC as industrial shares rise for first time in a month. Buyers return strongly with prices firming and the market showing a firmer tone despite a mix of gains and losses.
A dense excerpt notes Melbourne Brisbane and Adelaide stock actions with numerous firm names such as Ampol, Ansett, BHP, Commonwealth Bank, and Union. It references listed prices, percentage moves, and trading activity amid a broad market snapshot including insurance and manufacturing firms, utilities, and infrastructure names, with scattered figures and company shorthand.
A jumbled OCR style chart flags numerous company names and shares with scattered prices. The fragment records mining, banking, manufacturing and rail stocks with figures and percentage changes, indicating a busy market page snapshot rather than a coherent narrative. Named entities include Bank of NSW, CSR, Magellan, Swan Brewery, and many others among industries and firms.
Adelaide market snapshot lists prices and investments across numerous entities such as Adel Walleroe Adel Mot Adel Sagem bal Advertives and Hank Adel with scattered figures like 240 and 216. Entries include Arighian Cement Clarks Shore and United Mot Wills with varied numbers, indicating miscellaneous stock or trade values amid a dense, unclear ledger style.
London reports British quotas cut Australian butter prices could fall by 15 to 20 shillings per hundredweight, moving from 350 to 300 shillings as Britain and Europe face large stocks. Trade officials say new quotas take effect April 1 and aim to boost sales while reducing stockpiles, with Ireland gaining, Kenya and South Africa quotas suspended, and Australia and New Zealand holding steady.
The World Bank plans higher loan interest for developed nations including Japan New Zealand Italy and Australia raising rates from 5 5 to 11 percent while rates for underdeveloped countries remain at 1 0 percent The bank says wealthier nations can access global capital markets more readily and should bear a higher cost of borrowing.
Geneva reports say UN sugar conference broke after three days with no shift in policy from importing or exporting nations. Producers push for greater market access to major buyers like the United States Britain and Japan while consumers push for controls to balance supply and demand. Auckland cites Sir George Dunnett warning that plunging world prices threaten production and possible shortages. London notes Britain loosens import rules for refined sugar allowing open licences for each transaction starting next Tuesday.
Beach Petroleum NL announces an oil exploration well on Yorke Peninsula will be drilled soon. A broad domal structure five miles west of Stansbury has seismic support and targets Permian and Cambrian beds. The project underscores proximity to Adelaide and plans for further offshore to onshore testing.
A dense listing of stock names, prices, and figures appears, with numerous company names such as Comeng, Dunlop, McDonald, and Pacific Ace among others. The snippet reads like a market page with varied prices, share counts, and currency figures, but the OCR yields many garbled and incomplete items.
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