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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Sep 02, 1966
Page
6
Parcar Ltd unveils a $1.75 million modular hotel, the first of its kind in Britain for export. The 235 bed room, ten storey structure weighs 2,500 tons and can be transported in only two ships.
Carlton and United Brew reported record after tax profit for the year ended June 30. Directors noted higher depreciation charges and maintained a 13 percent ordinary dividend with a final 10 percent proposed to be paid in November. The group cited drought relief and favorable wheat prices as factors supporting earnings and announced plans related to subsidiaries and a new share issue to fund expansion.
The group announced a final payout of 10 percent net of Gilbert Lodge Holdings Ltd NSW Winns Ltd Sydney for machinery merchants and fellstailer. Directors reported a rise in group day sales for the year ending July 31 and an increase in net profit for the year to June 30.
The article outlines a tax-related payment totaling 201,500 and a capital adjustment of 297,000 for Herbert Adams Holdings Ltd NSW pastry manufacturer. A final dividend of 64 percent is noted, with a 12 to premium share issue planned and an October 28 payment date. Applications for new shares close on October 17.
Bayview trading board says absence of material change in conditions allows Bayview to keep current dividend. Melbour ne director G L Bladin reports sale of 1,415,000 shares and a private placement of 300,000 in seven per cent preferred stock. Share sale linked to a takeover bid of 82-10 per share. Bayview to issue 1 245 share debentures in foreseeable move.
The official receiver Bruce Smith said Whitehouse Properties Pty Ltd won the Chevr on Hotel sale with a 3.6 million cash bid. A second bid of 3.2 million from R. W. Miller and Co Pty Ltd was disclosed amid publicity. T and G Nominees act as trustees for Chevron debenture holders.
Mr J C Guest chairman of Commercial Bank of Australia told Melbourne shareholders at the centenary annual meeting that banks seem likely to raise charges to maintain services. He cited wage growth as a major cost driver and urged steps to allow banks to offer more financial assistance despite recent limits.
Victoria waters may soon see offshore drilling activity as Griffin Holdings and related firms announce plans. The report details expected drilling near Gippsland coast with Woodside preparing the Gippsland basin rig and Port Welshpool base setup, while finance figures reference steady dividends and rising vehicle sales.
Mr H Napier is appointed general manager of the City Mutual Life Assurance Society Ltd succeeding Mr C A Ralph who retires on October 3. Mr P C Wickens is named assistant general manager and actuary.
An unreadable OCR fragment lists many company names, numbers, and figures across sectors including mining, petroleum, cement, and utilities. The garbled text shows stock-like entries such as Nat Cons, Inter State, Petroleum, Cement, Aus Gas, and various personal names with numeric values, lacking coherent context or narrative.
Main events show a score or outcome with a notable individual and organization involved. Fragmentary OCR drops suggest a sports or standings note with persons possibly named Pye and ivd. Limited readable details prevent precise attribution.
A garbled financial snippet lists entries including Banks, insurance, Other finance, Traeort man ait v1 trade services, Food and drink, Ben air, ic and metals. The text appears to be OCR noise with scattered figures such as 155.74 and 1797 and unclear item labels. No coherent event or names are clearly identifiable.
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