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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
May 21, 1966
Page
6
The report notes a 78,145 loss tied to development expenditures of 17,269 before credits of 16,500 under an Australian mining assistance plan. The text, though garbled, references a severe mill rate impact and reduced activity at a gold mining venture, with continued exploration to focus on remaining prospects.
A muddled OCR summary notes two measurements from separate instruments in England. It claims identical readings on similar scales with 25 numbers or more and hints at a single possibility of a shared result. The text preserves names and dates poorly.
The Irish Department of External Affairs announced a trade mission to Australia to boost exports including frozen fish carpets machinery and industrial goods. The trip targets sales rise and solidifies relations with Australian buyers.
A Canadian firm reports a Lockton near Scarborough well may yield ten million cubic feet daily. Chief Willan Ggiivie touts the find as possibly Britain’s largest onshore oil strike. Twelve international consortia drill the North Sea as gas and oil shares surge in early market action.
Osti group director Eric Strasser plans a Far Eastern tour to study new export markets and appoint agents as the company reports half year profits and a steady dividend. Ample details on subsidiaries and shares appear amid the fragmented report from Auckland.
Humes Ltd steel and concrete pipe group secured three large contracts totaling close to two million dollars. The awards include work on the Stowy Mawnan ateg and the Dania water supply project. Major involvement from John Holland and Snowy Mountains Authority noted. Darwin, Jindabyne, and Sydney sites referenced with supplier links to Neill Pty Ltd and Allied Chemical Corporation for related export and materials.
Sydney to Auckland and Honolulu services to start July 27 with thrice weekly departures from Sydney and Auckland, then continuing to Honolulu. The new schedule targets improved connections for Orient and North American routes via Manila and South Seas services.
Commonwealth Statistician releases April motor vehicle registrations showing a drop from March and well below April last year. NSW Victoria and SA show declines with Queensland NT and ACT also down. Australia total 31 000 in March and 35 036 in April last year. three months to April show 02B17 vehicles vs prior year down 11 489.
The report notes a seven year ore run starting Monday in Perth and Port Hedland with Mudd expected to load the first cargo at Mt Goldsworthy for shipment to Japan. It cites Tonnes, ship quotas, and involvement of Cypriot and British interests, naming Goldsworthy and Port Hedland among others. The piece mentions Hogan Shipping and the Western Mining Association in connection with the deal.
Ford Motor Company announced a 130 million Australian dollar reduction from its capital spending to curb inflation. Chairman cited safety improvements and slower money supply growth as key aims and warned against overhyped safety hearings impacting car sales.
The report summarizes diverse stock option actions with mentions of Hyofit Popstar and other entities. It references transfers, premiums, dividends, and payments across firms like Kaur Timber, Woodside, Seton, and Smithy Sons, noting implied financial activity and regulatory mentions without decisive outcomes.
Friday report from VALETIA notes sloven men foreign trade mission of Fenellae exporters and Government Wola. The visit coincides with Australia Food Week where 250 Maltese shoppers display Australian goods. Malta buys early value of Australian goods annually and ships them to Mediterranean countries.
The Sydney Stock Exchange showed a slight decline as the index eased 0.43 points to around 316.70, with turnover reaching 305,595 shares traded. Mining stocks led activity though overall results were down versus last Friday, tallying 92 falls across the market.
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