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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Nov 05, 1963
Page
13
The Weekly statement of central banking business shows savings banks deposits rose by 68.7 million last week while Australian gold and balances held abroad eased slightly. Balances fell 2.6 million to 614.35 million after an earlier 118 million rise, with figures detailing capital reserves, statutory deposits, and loan assets.
Life Savers Australasia Ltd reports a consolidated trading profit of £587,044 for the year ended July 31 before depreciation of £109,685 and traction £181.00. Net profit available for distribution is £294,989, up from £260,386 last year, compared with £540,128 prior year.
A fragmentary stock options section lists share quantities and prices for various options. It mentions one month puts, two month calls, three month calls, and six month puts with scattered figures for companies and names, including Aberfoyle and Rootes, amid noisy OCR rendering.
Three sales were recorded at thin price with the closing market steady at 171 percent buyer 18/3. Wollongong TV weak last week did not sell. last sale was at 18/ but closing market night was buyer 12/. Country TV up 3d to 11/3. Richmond TV 7/9 and TV New England 1 7/5 sheded. Ordinary investment market dull and prices steady. price index slipped 0.04 points to 343.97.
Trading closed with firmer shares mixed in direction while volume fell. Henry Jones slid to 72 from 74 earlier, while BHP held at 53 and several names slipped on the day. Mining turnover dropped to 88,250 shares as Australian Oil and Gas weakened on dry well news, with some oils edging higher and Associated Continental advancing slightly.
Melbourne stocks closed firmer with gains across leading industrials and major houses. notable movers include Gases to 6d, Tobacco to 1s, and Rothmans up 6d, while Neon Signs and Union Carbide paced the second tier.
Industrial Accepllance Ltd issued a prospectus covering £1,099,000 debenture stock and registered notes. Canberra office manager Mr. B writer said the prospectus would be available in bulk on Friday. The issue aims to finance expansion, replace maturing stocks and rates, and support the LAC group’s growth.
The Associated Press reports that federal taxes in fiscal year set a record with a spokesperson noting it as the largest collection by any country. A Census Bureau tally shows estate and local government taxes totaling 44.2 billion dollars in the twelve months ending last June.
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