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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Aug 04, 1972

Page

3

Treasury cuts new loan rate in August issuance

The Treasury reduced August loan rates with the August 10 to 17 window. Securities maturing in November 1975 drop to 4.9 percent, October 1982 to 5.73 percent, and other short term yields align with lower market rates. Savings support the $982 billion State works and housing plan for 1972 73 while a conversion offer for holders of $218.46 million of securities maturing August 15 closes August 31.

Snedden Treaury Heciilies Publi Penate Co

Mutual Acceptance Ltd reports higher profit and dividend rise

Several investors plus businesses report increased profits and higher final or steady dividends for the year to June. Mutual Acceptance Ltd, Merchantile Credit Ltd, Formfit of Australia, Tensworth Financed, Ballarat and Western Victoria Television Ltd, Carlton Brewery Ltd, and Tiree 9 Industries Ltd all announce improved earnings, with final dividends and tax provisions outlined, alongside changes in receivables and depreciation.

Mutual Acceptance Ltd Consolidated Met RTF Met Tensworth Ballarat and Western Victoria Television Ltd Carlton Brewery Ltd ACI Australia New South Wales New Zealand Malaysia Singapore Thailand

Associated Minerals Consolidated Ltd reports annual profit and dividend

Associated Minerals Consolidated Ltd reports net profit of $1,740,760 for the year to June 30 and depreciation of $1,645,421. A final dividend of 24 percent is proposed, with 12 percent tax exempt and 12 percent out of taxable profits.

Associated Minerals Consolidated Ltd

Alliance Holddings Dad Sues Over Block of Chase Manhattan Shares

Share issue indicates Alliance Holdings Dad sues over 6 426 542 shares held by nominees of Chase Manhattan Bath NAL in New York at 140 dollars per share with a 90 percent premium. Case pits investor against bank over premium and capital value.

Alliance Holddings Dad Chase Manhattan Bath Nal New York

Winding Up Denied by Central Norseman Directors

Central Norseman Golf Corporation NL issued a statement denying reports it was considering winding up. The firm blamed confusion on Central Norseman Minerals SL and a reported notice by the Sydney Stock Exchange.

Central Norseman Golf Corporation NL Central Norseman Min Ing Canberra Times Belite Wesferd Mining Corporation Beih WMC Sydney Stock Exchange Wily

Melbourne option broker expelled from stock exchange

Melbourne share broker Mr Philip W. J. North of W. J. North and Co was expelled from the Melbourne Stock Exchange for default under article 60. The firm, though small in clients, was a large dealer in options, and its troubles were linked to option dealing, including puts and calls.

Melbourne Philip W. J. North Melbourne Stock Exchange North W. J. North and Co P. J. North Stock Exchange of Melbourne Ltd WJ. North and Co Stock Exchange

Thiess coal project aims 250 million expansion in Nebo

Exploration by Thiess Peabody Mitsui Coal PropSet reports over 1000 million tons of measured indicated and inferred coal reserves in Nebo Queensland with plans for a 250 million export development. TPM to export up to 9 million tons yearly via Riverside Poitrel and Kemmis Walker Creek mines and rail port water facilities. Negotiations with Japanese and European mills indicate strong demand for coking and steaming coals within five years.

Thiess Peabody Mitsui Nebo Queensland TPM Leslie Thiess Brisbane Dewift Riverside Poitrel Kemmis- Walker Creek Europe Japan

Freighter and Eastralian plan $5m merger deal

Eastralian Securities Ltd announces a plan to merge its subsidiary Franklin Caravans Holdings Pty Ltd with Freighter Industries Ltd through a share and cash deal exceeding $5 million. The merger creates Freighter Franklin Ltd as the new vehicle, with Freighter Franklin issuing six million ordinary shares to Eastralian and offering Freighter shareholders one Freighter Franklin share plus 30c cash for every two Freighter shares. If completed, Freighter Franklin will have an issued capital of $5,110,427 and Eastralian will own 5.7 percent.

Australia Mason Firth T McCutcheon Ltd New Zealand Alex Harvey Industries Limited Glenorchy Malaysia Singapore Thailand New Gainea Containers Pty, Ltd Amalgamated Packaging (N.G.) Pty. Ltd Indonesia ACI and Rothers Pikington AE Eastralian Securities Ltd Franklin Caravans Holdings Pty Ltd Freighter | Industries Ltd Group Fastralian Franklin Ltd Franklin Easttralian

Nhulunbuy Gove Peninsula town of record breaking build

The Gove Peninsula project near Nhulunbuy, 400 air miles from Darwin, cost about 312 million dollars and created a planned population centre with modern housing, schools, hospital, and a 100 million dollar alumina plant complex. Construction began in 1968 with rapid progress and a focus on logistics, transport, and habitat planning. The town is designed around a central square, housing shops, library, clinics, and civic facilities, while industrial activity processes bauxite into alumina for global markets.

Nabalew Australan Nhulunbuy Arnhem Land I Fist Swiss Aluminium Ltd Europe Japan Gove Melville Bay Yirrkala Mission Casadas Point Nabalco Australia Grove Cave ACTL National Safety Council Nhulunsbuy Melos Agius Darwin Alice Springs Mt Morgan Weipa Mit Tsay Nhulunbuy Agius Whulunbuy Dillingham Jennings Mainline Nhulonbuy Satoes Ad Fire and Police Adinistrative Northern Territory Cain Is Shares

Aborigines and Nabalco in Nhulunbuy project tensions

Aborigines at Yirrkala Mission near Nhulunbuy face land loss as bauxite seams extend over about 24 square miles while Nabalco promotes air conditioned housing to attract families and stabilize workers. Miners consume high beer and tobacco, yet Nhulunbuy offers mission grown fruit and vegetables and eggs from 3,000 hens on cleared land.

Agius Nabalco Nhulunbuy Crove

Also Mentioned on This Page

Business & Economics Treasury Merc Mercantile Credit Ltd Formfit Lensworth Ball TV Carlton Tiree 9 Industries Assoc London Poseidon Aden Nick Jae the Wiesterie Londen Australian Consolidated Industries Limited Bourke Street Victoria James Forrest AGI Limited Papua New Guinea Pilkington Aci Dandenong Crown Corning Limited Crown Crystal Glass Corning Glass Works U.S.A Corning Mineral Resources Ac! Minerals Pty, Ltd Tasmania Ac! Tennant Pty, Ltd Nylex Nylex Corporation Limited Aci-Nylex Limited Can Making Can Makers Caringbah N.S.W Thiess Coal Bush Errol G. K. Simper Gove Peninsula Mt Isa Roy Murika Mbe Nahaleo al Gove Alan Coogan Capital Finance CO Pty Ltd Petrie Street Civic Centre Ipm Phome Canberra Stes Gasnernberra Pewar Tack Ionates Eit Regory Brookvale Dad Jack May Shelley Molly George Amy Charissa Otherer Charioue Teresa Ame Shirley Neville Jeanette Hank Scullin Ulm St Hurley St Mawen Herons Base Cote New Agency Manly Lederman's Colling Street Crom Coli Rock Isin Street Mirke Street EMALE Atherton Gok Collins Street Elzabeth Street St Downer Tullamarine John Fairfax Sor Collins Kingston Sydney Morning Wrald The National Times Australian — Financial Review Sydney Sun Sus» Herald Woman's Day Bia? People Woman's World Avemalia Aine Teel Canberra Sews Sun-Herald Ustsat Ackett Rivet Gerry Carly Ainslie Brigalow St Lyneham CML Anne Paul Ason David Rhursina Canberra Hospital Coventry Yates Helen Michael Alexander Stephen Mater Hospital Worth Sydney Curran Oreo Besant Beverley Gary A Raymond Mogan Bothwell Tarlinton Kaye Ted Rodney John Karen Macalley Lyn ML Bray Blake Akeney PF. J. Blakeney Sally Maria John Cameron Lady Murray Sir Angus Murray Sydney Federal Capital Press Pirie Street Fyshwick Roach Patrck Desmond Goulburn H. Roach Javed Hannon Captains Flat St Mary's Church Bungersdore Asp Stushs Alice Flumabeth Robert Joyce Blumenthal Woden Valley RSL Stan Cig Anzac St Manuka Jeanbeyan Round House Pettrecy Furn Campbell Allseam Jeane Denger Cerbo i Mawson Swinger Hill Senger Real Estate Limited Griffith Gare Workshop Jem Saber Otter
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