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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

May 19, 1966

Page

15

Overseas investors stake in New Zealand economy announced

AAP reports a NZ stake valued around 2.625 billion pounds at current rates, with overseas direct investment estimated at 862.5 million, 150 million in personal funds, and 200 million in public debt. Mr J W Rowe of NZ Institute of Economic Research presents figures at an investment symposium amid debate over the balance of foreign and New Zealand ownership.

Auckland Com New Zealand J. W. Rowe New Zealand Institute of Economic Research Kinnd Ann Piel New

Wall Street Declines Amid Gemini Nine Delay News

Prices fell again on the New York Stock Exchange with the Dow Jones down 3.39 points. The market closed at its lowest level since July, amid a light trading day of about 9.87 million shares, following a brief rally that faded after the Gemini Nine space unit failure was announced.

New York Stnck Hare Sydney Wednes- Leomipanies Foxmista Ike Woodside Sharss Isa Shasta el Weber Agsio Tarkel Thelthese Secanaary Australia Henryswilt Stock Exchange Jones Easton WAllingee + groupe Riveel Philp Slyeds

Big switch to containerised cargo in Melbourne

Melbourne Harbour Trust Commissioners chairman V G Swanson announced a major move to containerised exports. Exports from Melbourne increased twelvefold last year as the port adapts to new handling methods and efficiencies.

Melbourne Melbourne Harbour Trust Commissioners V. G. Swanson

Swanson cites cargo handling needs in planned port overhaul

In Brisbane on Wednesday Mr Swanson outlined required capital costs and revenue sources for expanding cargo handling as part of a major port system revision. He noted wheat shipments from Canada and overseas growth, with two large projects to refigure operations and introduce new services, while drought and climate factors influence planning.

Swanson Brisbane Aryst Hheing Iohaech BACCA Tradilionallay Brishon Rpg Giarshause Mag Munster H. Mfuncher Fakie Abdul Magnan Godfrey Fadays Phillips International Ply Trxither Lushels Aus Cron Tevier

ACMA leader cites limits of tariff system on imports

ACMA director R W A Anderson argues tariffs fail to protect resources and investment. He favors quantitative restrictions where tariffs prove ineffective. He notes textile sector investigations and costly inquiries waste time and money, urging targeted controls rather than broad import licensing.

ACMA R. W. A. Anderson Arif Ivhle Hind Jteen Anderson Essen

Qantas Fare Cut Delay Amazes CP Airlines Manager

Edwin Ogden of Canadian Pacific Airlines said at Sydney airport he was amazed by Qantas delaying Pacific fare cuts. He cited CPAL’s earlier Sydney Vancouver reductions and noted no Australian government decision yet. He expected discussions after the International Air Transport Association meeting in September.

Sydney Canadian Pacific Airlines Qantas Edwin Opden Mioresto CPAL Turkey DCA CVAL

Unclear stock option entries and company codes

fragmented OCR data shows stock option transactions with numerous codes and figures across multiple entities such as Western Mining Mid Eastern and Auto Tow USA. The readable elements include prices like 4414 and 125 with scattered alphanumeric identifiers and incomplete project names, rendering a partial market chatter item.

Western Mining Mid Eastern Alines Pe Ambo Ste

Television Corp Reports 3 Percent Revenue Decline

An interim report shows Steady Interim by TV Corp delivering an overall decline in its group as of December. Directors said yesterday the revenue fell by about 3 percent in the half year.

TV Corp Direstnes

BHP ingot output falls in April report from Melbourne

In April BHP ingot production fell to 420,222 tons, 16,969 tons below March. The company cited reduced output due to public holidays in Anmil and other factors, but overall production for the period ended April showed modest gains in some sectors and an 8 percent rise for certain products, with higher output in December related to demand.

Melbourne Fall Ply Co Ltd Anmil

Peak Ingot Output and Plant Shutdown Hit Steel Sector

The report shows PE ARMA Slee produced a December peak of 498,323 tong and February output at 397,502 tons, reflecting No 2 blast furnace shutdown at Pom Kembla for relining. Revenue from AL wax rose on April 26, with expected gains backing May figures, while CLV Melbourne’s April projections indicated dividends and stock movements. Company notes include interim dividend decisions, group sales and profit figures, and debt totals as of 1966.

Hue Teil Pom Kembla AL Wax Fala Sydney CLV Melbourne Bloor Tricerors Takeavey Ty Commercial Gu Australia Stine Lostland Sirin Mille Merchan

WAPET Prepares Abandonment of No 25 Well on Barrow Island

Directors said Abandoned West Australian Petroleum Ltd plans to abandon the No 25 well on Barrow Island. No significant oil or gas signs were encountered during drilling. Leading representatives from the companies involved will meet next week to discuss the process.

West Australi Petroleum Wy Ltd Barrow Island Wday Wapet

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