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The readable text provides limited context and lacks identifiable people places or dates to form a concise news item with a headline and summary.
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
May 11, 1968
Page
8
The readable text provides limited context and lacks identifiable people places or dates to form a concise news item with a headline and summary.
Trading closed uncertain on the Sydney Stock Exchange Peeesy with some mining shares rising while nickel stocks slipped. BHP eased to 23 70 amid a wide range of trades. Murphyores in Melbourne attracted attention before settling near 3 90. Metals Ex nickel report boosted shares to 7 80, Fairymead and CSR edged higher, Pioneer Sugar rose to 2 15 as turnover topped 40 200.
Croda Premier Ltd will acquire a 56 percent interest in Federal Chemicals (Holdings) Ltd via its Croda Australia unit. Federal Chemicals will buy Edgar J. Noble and Co Pty Ltd and Lanoline Products from Croda for 836,784 dollars, paid as 880,825 Federal Chemicals shares plus a 0.45 dollar premium. Approval by Federal Chemicals shareholders is required at a soon called meeting. a circular and an increase in authorised capital are planned.
Cresco announces a five million dollar fertiliser plant at Long Island on Westernport Bay near Melbourne. Managing director N B Walker cites harbour access and gas supply as key factors. The project, adjacent to Esso BHP’s Bass Strait oil and gas facility, aims to produce nitrogenous and granular fertilisers while a drilling program proceeds elsewhere with nickel assay results from the Nepean prospect still evolving.
Ansett Television Ltd boosted film rights holdings at cost from 72955 to 1134481 in the December half year. Deferred debt for film rights owed Universal Telecasters Ltd rose from 31576 to 485934, with accounts filed at the Victorian Companies Registrar. Austarama Television Pty Ltd shows film rights for ATV Melbourne. notes a large deferred debt due from Universal Telecasters Ltd. Shareholders’ funds stand at 21897, current assets 5912, liabilities 1330889. associated companies owe 4968422, with a deficit in funds of 465331.
A long OCR dump of Melbourne market names, mining figures, and company codes. The text lists numerous firms, commodities, prices, and stock references with scattered locations such as Adelaide, Melbourne, and London securities. The fragmentary data mix includes mining names, metal prices, bank names, and assorted merchandise.
The Equity Court in Sydney granted Ipec Incu Ltd an injunction restraining Corp Ltd from transferring two million shares to Western Corporation Ltd. The order delays any registration of the transfer pending further hearing.
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