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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
London
Royal Dutch Shell
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Imperial Tobacco
Courage Breweries Ltd
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Courage Breweries
Courage Barclay and Simmonds
British Tobacco Company (Australia) Ltd
Aublic
British Abacco
Initial Tobacco
British Tobacco (Australia) Ltd
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