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Canberra Times in Canberra, Australian Capital Territory

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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

Aug 06, 1971

Page

3

Rothmans and Hungerford Hill form wine industry joint venture

Rothmans of Pall Mall Australia and Hungerford Hill agree to create a joint venture. Hungerford Hill transfers its assets valued around 1.8 million to a new holding company in which each partner holds 40 percent. Hungerford Hill retains about 800,000, with 2.3 million to capitalize the holding company. Rothmans commits 2.3 million cash. The venture aims to capture a substantial market share in the growth industry.

Rothmans of Pall Mall (Australia) Ltd Hungerford Hill Ltd Hungerford Hill Rothmans

Cominco wins Aberfoyle stake in $9.43 million deal

Cominco Ltd, Vancouver, agreed to acquire a controlling stake in Aberfoyle Ltd for $9.43 million, with the sale to Cominco Australia Pty Ltd and subject to Reserve Bank approval. The press conference in Sydney noted Aberfoyle’s large Australian shareholding and Cominco’s ongoing exploration in Australia. Other notes included Munsec liquidation timelines, and Magnum Exploration NL reporting strong nickel, coal and tin results from Kanowna and Gunnedah prospects.

Cominco J. H. Jamison Minsec Liquidator Sydney Comingo Australia Pty Ltd G. MW. Moore G Hobbs Canada Vancouver Australia Magnum Exploration NL Kanowna Kalgoorlie Gunnedah Nsw

Share Options From Lone Star and Other Firms

A fragmented OCR list names numerous companies and share options across months, with figures like Lone Star 3,000 and 4c Spargos 20M 29bac, alongside entries for Poseidon and Weamer. The text resembles a stock or options table listing multiple entities, prices, and tenors such as 2-Month Dandles and 1-Month Puts, without cohesive narrative.

Oricon Bromers Ocean Spargos Westies Lone Star Olympus Sepides Zac

Weather report notes high pressure along Queensland coast

The bulletin describes a high pressure ridge along the Queensland coast with a westerly flow south of the continent and northerly winds northeast of the far weak westerly flow. It notes generally settled weather across New South Wales with scattered cloud, morning fronts, fog patches, and light to moderate winds. Temperatures ranged from cool to warm with regional variations and recorded rainfall and forecast temperatures for capitals listed.

Tasman Sea Queensland Nsw Central Highland War Careoar Ul) Paints Tiredin Canberra Son Sd Kant Rai Avera

Radio and TV Schedule Fragments from Goulburn Area

Fragmentary listing outlines half hour and hourly Local News segments on 3GN and MBS in Goulburn Wollongong districts, detailing programs from Breakfast to News, Luncheon Variety and Evening shows, including Advent Rodin, Rural News, Disctrict features, and weather notes with scattered program names and times. Weather and regional notes reference Canberra and Towra, with schedule items and program names such as What’s on in the District, Birthday Call, Newsmaker features, and Trotting.

Arcemat Neon News Frank Onmay Aaa Saad Fk Fenson Canberra Anne Deveson Steckhelm

Westfield lifts payout amid record year profits

Westfield Development Corporation Ltd reports net earnings of 886,382 for year to June 30, a 26 percent rise from 660,946. Dividend for the year 16 percent, with a final 4 percent payable October 22 to shareholders registered September 24. Directors cite contributions from shopping centres in Sydney, Brisbane, Melbourne, and the Shore Motel, plus Miranda Fair redevelopment.

Westfield Development Corporation Ltd We Centre Cloper Sydney Can Sk Sydney Stock Exchange Brisbane Melbourne Shore Miranda Fair William Street

US bank gains 17pe interest in Network

Network Finance Ltd, Sydney financier, reports virtually steady profit for year to June 30 at 660,400 with Mellon National Bank Trust Company of Pennsylvania acquiring 7 percent equity via Mellon Bank International. Option to raise to 20 percent. Mellon to lend 6 million secured debentures. Future ownership after options: Mellon Bank 25 percent, Hooker Corporation 25 percent, Fidelity International Corporation 7 percent, Credential Assurance, and public 38 percent. Profit after tax rose and dividend due.

Network Finance Ltd Sydney Mellon National Bank Trust Company Pensylvania Network Mellon Bank International Mellon Arthur Fadden Melfon Bank Hooker Corporation Fidelity International Corporation Credential Assurance Alleady Breton Ga

Edwards Dunlop and Company reports slight sales rise to June

E Dunlop Sales of Edwards Dunlop and Company Ltd rose very slightly in the two months to June 30, in the annual report covering the year to April 30. Directors expect a year end rise but depend on general business conditions. Industry has faced knocks and needs government confidence. Consolidated net rose 12.6 percent to 1.24 million dollars. Dividend increased for first time in 10 years from 10 to 11 percent. Lanray Industries Ltd borrowed 3.3 million euros to expand and fund operations. The London loan, set for three years, includes six monthly repayments at a rate above the interbank offer. Reserve Bank approval obtained. At current euro-dollar rates, total cost is slightly below 5 percent, in line with Australian overdraft standards.

Edwards Dunlop and Company Ltd Consolidated Milan Lanray Industries Ltd London Inter-Bank Lanray L. F. McInnes

Loan sets a precedent for Australia first European loan

Treasury minister Mr Snedden announced the completion of arrangements for Australia's inaugural loan in European units. The 15 million European units issue, issued at 99.75 percent, matures on August 1, 1986 with an average life around 104 years and repayments from 1973 to 1986, subscribed in Belgian francs BF750 million via Banque Lambert Brussels.

Snedden Australia Accor Banque Lambert Brussels

Broking firm risked $8m in Minsec deals

Sydney firm Hattersley and Maxwell faced potential risk of up to 8 million dollars in Robe River and Mineral Securities Group trades. Evidence in Canberra before the Senate Select Committee on Securities and Exchange outlined three buying and selling moves between October and December last year. About 5 million Robe River shares, worth over 13 million dollars, moved through the Minsec group as principal counterparty. The firm booked a small profit but paid stamp duty, with a partial refund later credited. The committee questioned motives and risk, noting the Minsec crash on October 4 year. The Securities and Exchange Committee will meet privately in Canberra next Tuesday.

K. T. Maxwell Sydney Hattersley and Maxwell Robe River Mineral Securities Group Maxwell Canberra Senate Select ‘Committee On Securities and Exchange Hattersley and Minsec Group Mineral Securities Hattersley Fattersley and Rae Mr Maxwell Senator Wreidt Lab Tas Securities and Exchange Committee

Indonesian trading talks in Canberra in August

A conference on Indonesian trading will be held in Canberra from August 13 to 18. The Indonesian Ambassador Sujimno Sukirno will open the event at the Academy of. About 150 Australian businesses will attend alongside the Deaf Trade and policies for trading understanding of Indonesia.

Canberra Sujimno Sukirno Academy of Trad

Austim sells stake to Haw Par in M and G Invest

Australian Industrial and Mining Corp Ltd disclosed that it sold its 54 percent stake in Motor and General Investment Holdings Ltd, totalling 2,155,000 shares, to Haw Par Group. The $52.56 million price exceeds Austim’s book value, with Haw Par International linked to DHA Asia and Slater Walker Loon Ltd expanding holdings.

Australian Industrial and Mining Corporation Ltd Motor and General Investment Underwriters Holdings Ltd Singapore Haw Par Group Austim M and G Austin Haw Par Brothers International Commu Incor Alaysia Angapore Slater Walker Loon Ltd

Also Mentioned on This Page

Usitiess & Economics Aberfoyle Minsee Cominco Ltd Aberfoyle Ltd Milon Aberfoyle Group Dominco Moore Jamison Munsec Minsec Magnum Andlethan Temora Icianz le Nickel (Australia) Pty Ltd Northern Territory Musanz Minimo Pry Ltd Chillagoe le Nickel Amadeus Alice Springs Queensland Authority To Prospect Ontury Minimp E Nickel Iclanz Previows U Newaim Sainfall Wera Persia Nestadae Perth Hebert Man Durwie METEO WZASS Aig Ien Blanca Adelaide Streed Vic Centre Westfield New Peak Poseidon Carlton Carlton and United Breweries Ltd Haa Carlton Brewery Ltd CUB Mutual Acceptance Ltd Cahills Cahills Holdings Sir Arthur Fadden E. Dunlop Ian Nyo Garry Liz Mell Gary Wayne Kim Sean Pire Horne Adband Cotter Picni Reward Iene Toby Mae Lachien Court Ewes Shoe Ae Mire Pearce Flim Shop Waramangs Shopping Castre Cosberra Times Eden Cosel Cacia Sereet Wreyard, Hall and Central Railway Manly Canperra Times Fa Lederman’s Collin Street Crna Collins Mt Ear-Pierc Fourke Sirest Mewnpaper House Kuk” Sar Canine Street Elisebeth Flint Tullemarine Ai Jonn Fairtex Linke Catlin Comet Tuitkon Miss Highi Oft Nour Sydney Morning Feral Australian Financial Tview Sydney Sun San-Herald Woman's . Pin People Lecronice Aweiralla Theanine 5 Cailures Anderson Sild Mary John Jason John Mories Bush Kathy Gerry Andrew Stephen Camillert Thomson Judith Charles Lisa Anne Bothwell McCann Lauren Anthony Mnat Douglas Hellier Lamond W. Lamond G. Hellier Susan Kelvin Barry Drive Palmer College USA ACA ISA Asans Tone Phae Downer Manuka Bougainville St Nestel F. J. McHugh Angie T Maxwell McHugh Georges Qld Haw Pe Ay Coathing College Canberra City Ertbeeres Ave Gonkemnamy Sam R. Bert Deskin Court Pel Na' A Canb City Weston
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