Monetary crisis averted says Henry Fowler
US Treasury Secretary Henry Fowler said fears of a grave international monetary crisis have been pushed aside. He warned against continuing inflation in America while reaffirming the Johnson Administration stance against general price rises and noting a more stable global financial atmosphere.
MENTIONED IN THIS ARTICLE
Washington
US Treasury
Henry Fowler
Tray
America
Fowler
Johnson
Me Saaid
Erfoss
Favelle Mort Tenders for New Zealand Power Plant
Favelle Mort bids on the 8134m NZ power station project amid partner names and overseas sales. The Ammerawatt plant project, linked to Mr Shand and Mora’ Block, faces costs potentially rising to 147.8 million with marine field ambitions and production shifts abroad.
MENTIONED IN THIS ARTICLE
Favelle Mort
New Plymouth
Ammerawatt
Australia’s Travel Earnings Reach 87 Million in Year to June
Travel earnings for Australia in the year to June totalled 87 million dollars, down 17 million from 1966 67. The rise in foreign tourist arrivals is offset by Australian spending abroad amounting to 129 million in 1967 68 wp 6. Visitors’ outlays contribute to net foreign exchange receipts from business and leisure trips, while Colombo Plan students and Australians abroad also influence totals. The graph uses provisional balance of payments figures from the Solution Bureau.
MENTIONED IN THIS ARTICLE
Australia
Viisitors
Persona Visita
Colombo
Austra
Sollution Bureau
Simpson Pope Profit Up 31 Percent
Simpson Pope Holdings Ltd reports profit rising 31 percent to 774000 for year ending June 30. Ordinary dividend increases from 2 to 3 percent, with earnings covering the higher payout after deducting preference shares. Mr Jennings, general manager, notes 1.5 million shares to be issued. the 3 percent dividend will be paid November 18 with the usual preference dividend, after October clo ning.
MENTIONED IN THIS ARTICLE
Simpson Pope Holdings Ltd
Life Evey
Jennings
Simpson Pope
Mid-East Oil and Puriher deal impact on investors
The article discusses Mid-East Oil and related entities clarifying figures for the year ending in 1968, detailing profits, tax provisions, and rights issues. It notes changes in dividends for Norma holders, potential gains from the merger, and the allocation of new shares via underwriters Donaldson and Lynch.ondro
Trade with West slows in Soviet 1967 boom downturn
The New York Times reports a marked slowdown in Soviet trade with Western industrialized partners in 1967, with exports and imports rising modestly while trade with Communist allies surged. China-Soviet commerce dropped to historic lows, and overall Soviet trade reached a record value though imports still ran high.
MENTIONED IN THIS ARTICLE
West
New York Times News Service
Soviet Union
Council For Mutual Economic Assisttance
China
United States
Japan
Finland
Australia issues massive 100 million German loan
Frankfurt reported the 100 million Australian loan floated at 9 84 percent by the government was oversubscribed. Deutsche Bank led the underwriting with strong private investor interest. The 15 year issue pays 6.91 percent yield to maturity and will be repaid in 19 annual installments starting August 1, 1974.
MENTIONED IN THIS ARTICLE
Evan Biron
Eoleum Company
Manag Emmiries
Gearpe
Purnival
Lexport
Naniralgae
JWA
Tapan de Purnival
Toyo
Miller
Sey Tong
Thisi
Perth
Wanet
Promis
Contin Nl Banco Sharering
Mlekde
Peter Maine
Mernane
Sydney
Toyo Menka
P Miller
R W. Miller
Frankfurt
Government of Australia
Deutsche Bank
Dalgety NZL profits dip amid drought and dividend hold
Napier Bros dividend raised but Dalgety and New Zealand Loan Ltd, the world’s largest wool broker, reported lower profit for the year to June 30. Directors kept ordinary dividend at 12 percent with a final 7 percent, noting drought weighed on earnings and tax provisions reduced net profit. Revenue and tax effects, plus modest improvements, set the tone for next year.
MENTIONED IN THIS ARTICLE
Dalgety and New Zealand Loan Ltd
California
Napier
Oveenaland
Han Reise
Igor
Taxion
Don Tren
Australia
Washington
Reuter
Warner
Vere
Anton Fet
Tyiplock
Yigr
Jon Foun
Dennye Lascelles Td
Amis
Indus
Dyinectorm
Robert McNamart
World Bank raises rate and tax figures cited
A brief item reports the World Bank raising rates and noting director figures. It mentions sterling sums around £238,000 and tax figures near £39,000, with prior year conversions and adjusted profits. The source presents unclear numbers but indicates year over year changes in profits and taxes.
Dennys payout higher and rates lift profits
Dennys payout increases and dividend for engineered growth cited by bank figures. The report notes higher interest costs, labor and material pressures. Bank leadership cites demands from Victoria and New South Wales markets as a key profitability factor.
MENTIONED IN THIS ARTICLE
Diplock
Victoria
New ‘Senith Wales
Australian Capital Fund Inc profits from mining stocks in 1967
The annual report shows the fund realised profits on mining holdings during 1967-64 while the Commercial Bank Jan Potter AUC fund added to mining stakes after June. Total portfolio market value closed at 4.8 million, up from 2.6 million previous year, with earnings rising to 510,864 and 108.77 thousand in dividends per 100 held.
MENTIONED IN THIS ARTICLE
Australian Capital Fund| Inc
Commercial Bank
Jan Potter
Also Mentioned on This Page
R. W. Miller
Wapet
Dongara
Carpenter
Carpe
Ing Co Ltd
Almont
Jone
Ae Spa
Pope Industriesjetn Onl
Ita
Mid-East
Sivanibigs
Behiet Ag
Donaldson and Lynch
A. C. Goode & CO
Mena
Cath
Canberra Credits Pty Ltd
Ean
Garems Place
Ord Minnett
T. J. Thompson & Partners
Sydney Stock Exchange
London
Canberra
Acct
Carles
Melbourne
Brisbane
A. D. Meares & Bishop
M.lc
Petrie Street
City
Prone
Vain
Italy
France
West Germany
North Vietnam
Cuba
United Arab Republic
Sovi
Alperis
Iran
India
Pakistan
Indonesia
Brazil
Argentina
Dalgety
Napier Bros
World Bank
Directors Cay
Renull
Dennys
Isaac
Onite
Agus Cent
Bout ‘Nual
The
Sfotland
Winenation Bank
Lombard
Rox
Stock Exchange
Lombard Australia Limited
Adelaide
Hobart
Newcastle
Wollongong
Liverpool
Gio
Wowse
Lane
Cambard House
Fligh Street
Young's
Barrier Street
Fyshwick
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