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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 07, 1970

Page

5

Anomalies Found At Western Australia Mount Windarra

Directors report to June 30 says Bridge Minerals as operator found a well defined anomaly in the south east of Mt Windarra WA. Meridian Metals formed as a subsidiary to pursue exploration with options, while Mt Morgans and Gambier Lass activities also feature in Western Australia. Directors expect drilling to begin this week and note concentration improves impurity removal for a new concentrator at Mount Misery Queensland. Objections lodged against additional peggings with 20 acres explored. Lamadec Lamadec Exploration issued a prospectus for five million ordinary shares and 10 million options. Amad NL and Latec Investments rights allocated. Murumba Minerals reports its public issue oversubscribed.

Bridge ' On NL Bridge Minerals Pty Ltd Mt Windarra Austra Meridian - Meridian Metals Ltd Mt Morgans Easter Mind Magnetic Survey Feral Finance Ltd R. B. Raines Man of the New Ny Gambier Lass Msangeny Ian Metals Mt Margaret Western Glen-1 Dale Explorations NL Nor-1 Wasthern Tablelands Solomon Islands Geolo- NL Meridian Metals Ltd Gical Ing Meridian OU NL Atherton Atherton Antimony NL Mount Misery Queensland Irvinebac Cairns Lamadec Lamadec Exploration Ltd Amad NL Latec Investments Ltd

Chairman of P and O on Visit

The chairman and managing director of Sir Donald Anderson P and O Shipping Line said yesterday that any freight rate rise would stem from rising costs and a decrease in the value of money.

Sir Donald Anderson P & O Shipping Line

Philip Morris Net Soars as Dividend Up to Ten Cents

Philip Morris reports net profit rising to 4.8 million with tax and depreciation figures showing strong earnings. The cigarette group boosts final dividend from 7 percent to 10 percent and announces a 174 percent increase, to be paid October 16 to shareholders on record October.

Lensworth Finance to issue 1:10 capital increase

Lensworth Finance Ltd plans a one-for-ten issue of new shares fully paid to 50c with a 25c premium. Net profit rose to 749,958 for year to June 30, earnings rate up to 39.46 percent. The directors approve an extraordinary meeting on August 25 to seek approval for capital increase from 40 million to 20 million and to set new articles and entitlements for the final dividend.

Lensworth Finance Ltd Sean Oe Pewing Wat Lensworth Marl-Kent Elder Smith Goldsbrough Marlboro

Carlton Brewery Profit Drift at Carlton and United Breweries

Carlton Brewery Ltd reporting a slight downturn in half year profit to 430 293 dollars for the six months to June from 433 047 last year. Interim dividend remains 6 percent payable October 2 with a usual 10 percent final, totaling 16 percent for the year. Other income largely unchanged. shares include dividends from Carlton and United Breweries Ltd and Viewers Brewery Pty Ltd, with Wyndham Pty Ltd contributing 12 499 dollars.

Carlton Brewery Ltd Carlton United Breweries Ltd Carlton and Viewers Brewery Pty Ltd Wyndham Pty Ltd

Poseidon Debut Returns? London Noon Reference

A terse item notes Poseidon at London at 12 noon with a price tag of 76 dollars. The line lists London as the location and noon as the start time, implying a sale or event tied to the Poseidon item. Names and broader context are minimal in the fragment.

Simpson Pope steady dividends held by Adelaide group

Simpson Pope Holdings Ltd, Adelaide based electrical appliance maker, reports steady 4 cent ordinary dividend for 1969-70 on $32 million turnover. Gross profit $2.28 million, down 5.7% from year earlier. tax and depreciation changes offset part of drift with $81,000 depreciation saving. Dennys Lascelles wool broker posts net profit rise to $303,510. dividend steady at 11% with 8% final.

Simpson Pope Holdings Ltd Dennys Lascelles

Westfield profits rise as Cahills builds for growth

Cahills Holdings Ltd reports a pre tax profit of 699 246 for the year to June 30 up from 502 099 last year. The company lifts total dividend from 174 to 38 cents and increases distributions as sales grow to 4.25 million from 3.6 million. London Stores subsidiary expansion eyed with acquisitions and store closures in Sydney Brisbane and Melbourne areas. Directors flag improved earning rate on capital near 50 percent and plan further reorganisation and investment including Octagon Arcade project to add ten shops.

Cahills Holdings Ltd Cenn Ain Cent Beau Monde Australia Ion of London Stores Ltd Figtree Wollongong Toombul Brisbane Shore Motel Sydney Set Saathaens

Mutual Acceptance records record profit rise in year to June

Mutual Acceptance Ltd, the Sydney reo finance group, reports a 22.3 percent rise in net profit to a record 2,84,219 for the year ended June 30. Gross receivables climb 517 million to 114,542,577 with a final 6 percent payout due September 24. Tax provision 1,777,669, depreciation and amortisation 84,147.

Mutual Acceptance Ltd Sydney Reo Finance Group

Fowlers and Cassis bid linked to share exchange plan

Fowlers Vaccia Mant. 18 PE manufacturing co plans an offer range of 80c to 70c per share with a potential cash alternative. Net receivables climbed to about 97.5 million as the group considers a share exchange valuing Fowlers at 80c per share and a conditional takeover bid from Cassis Ltd. Directors note a record year for volume and liquidity, with a 12 percent dividend and a proposed exchange rate of four Jaywoth shares for one Cassis share, while Jaywoth operates plants in Sydney and Brisbane.

Fowlers Sydney Investment Com Hooper Bailie Industries Hooper Bailie G. P. Crowle Cassis Ltd Lskeover Jaywoth Cassis Rom Jaywoth Sydney Brisbane

Also Mentioned on This Page

W.A Murumba Murumba Minerals ML P& O Philip Morris A. H. Etherington Share Exchange The Canberra Times Civic, Jobrsteme Ama Lrom ‘O Vacanerie Torrens Watson Higgim Mobile Ainport I Chifley Peter’ Cook Pyatwick Saat Fan Rerpey Saat Caller Motonglo Mal Nick's Oriana Paragon Canberra Hospital Canberra Mascot Ffi' Ren Fairtex & Som Ltd Howard, Town Hal Street Central Railway Conn Newsagency Maoly Melbourne Fader Ay Collin Southern Crom Collin Res Co Fae Bourke St House Kiog Colles Elizabeth John Fairtex Callina Tam Sydney Morning Herald Australian Financial Review Sydney Sun Sun-Herald Wensen Pix People Electronic Australia Cantert. News Derek Black Bailey Katharine Jon Janet Ellen Ilanigan Margaret Pat Amanda Jane Campbell — Rogers R. Rogers Fairfield Sharon Bruce D. L. Campbell Gardenvale Truran Williamina Keeley Gordon Deakin Narmbundab Fraser Tos Deakin USA Barry Dove Turne Palmer LCA ACA Asse McDowall Palmer College Theodore Street Curtin Australian ‘Chiropractors Ass Northbournine Kingston Pune London Circuit Phonie Charles Street Queanbeyan Downer Watson Manuka Centre Bougainville Sa FURN Tony Dickson Turner Peareikes St Higgins Batchelor St Torrens Charterry Cr Chifley Atherton St North Side Pref Watson Dickson Hackett Canberra Home Management Jrd City Mutual Hobart Place Canberra City M. Bank Interstate Nemore Am CO Kastin Tran Gurema Place Janja Hes. Stpan Nada Gowrie Court Rabwunelsh Paray RSTIN Ivan Kratin Kavel St. Torrens St Chrristopher's Manuka Lea Thomas Celia John Burton Judy Kath Vivienne Kevin Brian Trevor Robert Young Me Lynch II Bank St Meadowbank Nsw Macquarie Campbell Civicard Russell Hill Lyneham A. Doyle L J. Hooker Limited Northbourne Avenue Ajc.t Capital Cities Pearce Lyons and Chifley Hobart N. Bank Adam York Real Estate Lic Agents Lonsdale Braddon Narrabundah Ainslie Carport H. Groube Garema Hughes Ve Pearce Bertram Deakin Court Denkin Squeanbeyan T. E. Woodger and Sons Monaro St Farrer Eyre Fyshwick Pease Lf Whyalla St Aranda ED Hill Lackett London Circuit L. J. Hooker Limited Monaro Street Winky Port Hedland Western Australia Finucane Island Mt Goldsworthy Carlton Brewery Poseidon Ies Cahills Westfield Brighton E Street Ments Bourke Street Ofice Wid Roy Joan Sean Glen Ee Griffin Office Equipment CO Wollongong St. Fyshwick Kings Cross Gar- Aline Roslyn Gardens Eli Bay Flag Motor Inn Calsil
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