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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 12, 1972

Page

9

Confusion over future of wool in Australia

The executive officer of the National Council of Wool Selling Brokers of Australia, Bill Williams, warned of uncertainty as fewer than two weeks remain before the opening of the Australian Wool Marketing Corporation. Private sales facilities were to be provided by Dalgety Australia Tid and Southern Farmers Co operative with Economic Wool Producers, while brokers supported innovation like objective clip preparation and sale by sample to streamline handling and grading.

The National Council of Wool Selling Brokers of Australia Bill Williams Australian Wool Marketing Corporation Dalgety Australia Tid Southern Farmers Co-operative Williams

Philip Morris Australia posts record earnings rise

Philip Morris Australia Ltd reports a year to June 30 profit up 34.8 percent to a record 15.86 million. The Lindeman wine group, acquired in 1971, is included for the first full year, with cigarette exports driving growth. Pre tax profit climbs to 26.91 million, with a 10 percent interim dividend paid in February and a 10 percent final on October 3, while the 125-share holder gains rise in total dividends.

Philip Morris Australia Lindeman Wine Group Lindeman’s Yeater- Day Marlboro Alpine Park Drive Peter Jackson Lindeman Group Philip Morris Group Bifoss Godfrey Phillips

Director of BHP dies

Norman Jones a director and former managing director of BHP died in Melbourne at 68. Sir Ian McLennan said Jones gave his working life to BHP, led with science and leadership, and valued fellowship. After retiring in 1966 he joined boards of Colonial Mutual National Bank and APM.

Norman Jones BHP Melbourne Ian McLennan Mr Jones Colonial Mutual the National Bank APM

Western Titanium NL Reports Profit For Year End June 30

Perth based mineral sands miner Western Titanium NL announced a net profit of 790,508 for the year ended June 30. No prior year figure was given for the 12 months, but for the 17 months ended June 30 last year net profit was 1,025,598. Under the new valuation basis on hand stocks were valued at net realisable value, rather than cost. If the new basis had applied to the 17 months ended June 30, 1971, after tax profit would have been 1,049,429 versus 1,025,598.

Perth Western Titanium NL Cgfa Group

Mainline lifts profit 104 percent to record year

Mainline Corporation Limited of Sydney reports a 104 percent rise in net profit to 1,722,258 for the year ended June 30, with revenue up 46 percent to 56 million. Directors announce a 8.5 percent final dividend and a 1-for-5 bonus issue, noting contracts in hand exceed 123 million and recent awards total about 36 million in Victoria, South Australia, and New South Wales.

Mainline Corporation Ltd Gove A. V. Jeong Industries (Australia) Ltd Dillingham Corporation Pty Ltd Victoria South Australia New South Wales Civic Permanent A.C.T

Woodside Burmah brokers strike payment note

Fragmentary OCR text references Woodside Burmah and miners with months and payments. The readable items mention a 4 month call and Centre, Walker, Flinders, and Buka. No clear event, date, or outcome is evident.

Tion Brokers Icri Bac Mater Walker Deshis Woodside-Burmah Flinders Cum

Wool prices double in NZ as Auckland sale opens

Auckland wool prices rocketed to the highest average in over 20 years as the new season opened with vigorous bidding. The winter sale's average climbed to about 95c per kilo, more than doubling from last year's 48.61c. A bale return would be around NZ$156 today.

Auckland

Imperial Tobacco bids for Courage in UK group takeover

Imperial Tobacco Group offered about 68 million dollars for Courage, the British beer group, aiming to broaden trading base and strengthen consumer goods interests. Courage plans to retain its name and management, with the Courage family and board holding a significant stake and likely agreeing to the takeover.

London Britain Imperial Tobacco Group Courage The Beer Group Courage Family and Board Cigarette Ben Watson

Australian exports to Japan rise in 1970 72 year

Australia reports total exports to Japan at 1 362 228 000 for the just ended financial year, up more than 171 500 000 from the prior year. Exports to Japan far surpass Britain and the United States, while shipments to China and Papua New Guinea fell in the same period.

Japan Statistics Bureau Britain United States Australia China Papua New Guinea

British Tobacco expands in Victorian hotel trade with Courage stake

British Tobacco broadens its interests by investing in Victorian hotels to bolster Courage sales and diversify. Courage faces challenges in breaking Carlton and United Breweries' hold while the group pursues further diversification in its strategy.

British Tobacco Courage Carlton United Breweries

Manager for Wales Named in Melbourne Appointment

Since joining the Wales in Melbourne in 1939 Mr Chenery has had extensive branch and administrative experience across Victoria NSW Western Australia and Fiji. Before this appointment he was chief manager for Fiji. He is an associate of the Australian Society of Accountants and an associate of the Chartered Institute of Secretaries.

Wales Melbourne Mr Chenery Victoria Nsw Western Australia Fiji Australian Society of Accountants Chartered Institute of Secretaries

Shell reports quarterly profits fall in second quarter

Royal Dutch Shell said its second quarter profits dropped to £ 53.2 million, a decline of £ 58.4 million from the previous year, with the quarter also down £ 20 million from the first quarter.

London Royal Dutch Shell

Also Mentioned on This Page

Viscount MONAD Onlu Monad (Constructions) Pty Ltd Maryborou Master Builders’ Absoglution Mr Norman Jones W. Titan Courage U.K. Group Imperial Tobacco Courage Breweries Ltd Simon Whitmore Courage Breweries Courage Barclay and Simmonds British Tobacco Company (Australia) Ltd Aublic British Abacco Initial Tobacco British Tobacco (Australia) Ltd British American Tobacco PNG Hamerslev Poseidon Slater Gordon G. Chenery Ieaee Canberra Bank of New South Wales Shell Group A.ct Tto John P. Young & Associates SSW) Pty Ltd Alla At el Commerce Macquarie Oe Barton, A.C Capital Finance CO Pty Ltd Petrie Street Civic Centre Eric Andersons IBM Fhoes Owi Aciwig Permanent Building Society Capt. Mead Building Society House Garema Place Canberra City A.M. P Hobart Place Ci Act Giles Street Kingston A.C.T. A Es Civic Co-Operative Permanent Building Society Limited Iy Trust Ee Ee Liberty Mortgage Underwriters A.C.T.) Pty Angel House Pitt St Sydney W.S.W Addres EN Bam-Spm SATUR Lonsdale ST Braddon Veskdeys Ely Kembia Street Fyshwick Sole Olivetti Wind
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