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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Sep 16, 1966
Page
7
A Melbourne stock session showed a better trend with Industrials rising while the Melbourne Stock Exchange recorded 82 gains and 65 declines. Investors watched fluctuating prices as officials cited mixed sentiment across sectors.
Trading activity was subdued with turnover below average and small price moves dominate. Several listed firms reported varied results including a notable dividend to investors and a reported record profit, while a merger tie with BP and corporate moves laced the session.
A garbled report details wool trade in Brisbane with references to prices, experiments, and various entities. Despite the jumbled text, it mentions demand for local wool, price competition, and several likely organisations and figures, suggesting market activity and potential price shifts. The fragmentary note hints at a series of tests and sales tied to coast and inland markets, though specific names and dates are unclear.
A garbled report outlines finance share sales across Melbourne Grisbans and Adelaide with various tickers and figures. Names such as Walton Mead Mid-Eastern De and Australian Development Hell Su appear among dubious notes and prices, mentioning paid multiples and coalitions, with scattered totals like $65 and 2c.
Fragmented notes show ICES NSW margarine market tension with disputes over price controls and consumer access. Debates center on government action, buyer rights, and alleged restrictions on cheaper margarine options amid regulatory scrutiny.
Marrickville Holding Limited managing director R C Crehnin challenged Minister for Primary Industry and Adermann to detail alleged misleading statements. The row cites margarine advertising claims linked to dairy factors, with claims of law-breaking and government inquiries.
A debate in Parliament discusses margarine advertising and fat health claims. Mr Giles accuses Marrickville Margarine Pty Ltd of crafting fear to push butter, urging fair prices to producers and Australian content. Experts note cholesterol and production growth potential in Australian oils.
Independent minded Senator Wood confronts critics amid party tensions and calls for government accountability as Liberal ministers and independents clash over responsibility. The by-election looms with Wood's stance seen as pivotal to governance and party strategy.
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