East Mercenie No 2 Site Chosen For Gas Drilling
East Mercenie No 2 site chosen four miles southwest of Mercenie No 1 with road work nearly finished and a water well drilling plant en route. East Mercenie No 1 produced 11 million cubic feet of natural gas daily and the Mercenie structure lies about 160 miles west of Alice Springs. Shares in the East Mercenie project include Magellan Petroleum Australia 26.7 percent Exoil NL 2 percent United Canso Oil and Gas Ltd 18 percent Transoil NL 9 percent Oil Investments Inc 8.3 percent Farmont drillers NL 6 percent and others.
MENTIONED IN THIS ARTICLE
Mercenie No. 1
Mercenie No.1
Mercenie
Alive Springs
East Mercenie No. 2
Magellan Petroleum Australia Ltd
Exoil N.L
United Canso Oil and Gas Ltd
Transoil NL
Oil Investments Inc
Farmont Drillers NL
Election hopes fade on second poll in London shares
London shares slid after a second public opinion poll reduced Labour's lead to six and a half percent over the Conservatives. Earlier polling had shown Labour ahead by only one percent, tempering election optimism.
MENTIONED IN THIS ARTICLE
Labour Party
Labour
Sydney Stock Exchange climbs on strong lenders section gains
Sydney shares rose after the 1964-65 budget, with the Share Price Index up 3.12 points to close at 376.33. Trading was active with 628,000 investment shares. Leaders firmed include E.Z. Industries, AWA, C.I.A.C., and Rothmans, while others like Boral and Dunlop also advanced.
MENTIONED IN THIS ARTICLE
Sydney
Sydney Stock Exchange
E.Z. Industries
AWA
C1aic
Boral
Drug Howses
Dunlop
L. J.hooker
Rothmans
RMC Takeover Fight Faces Time Limit Extension
The July 16 offer to Read Mixed Concrete Ltd. shareholders extends the closing date amid market swings. C.S.R. and BMA dispute legality, with expectable revocation risks. investors weigh whether to accept as legal counsel cautions over the takeover.
MENTIONED IN THIS ARTICLE
Registration
Palmer
Readys Opportunity
Read Mixed Concrete Ltd
BMA
G. Palmer
C.S.R
ASR
BMA Travel Company
Holdings Pty, Ltd
William Adams and Co. reports higher first-quarter sales
Sydney reports William Adams and Co. Ltd sales up 27 percent for the first three months of the current financial year. Barrier mining stocks rise as the non-ferrous metal index gains, with TV set prices likely to stay unchanged despite duty changes and stock sales.
MENTIONED IN THIS ARTICLE
Sydney
William Adams and Co. Ltd
John G. Huriey
Swans Ltd profits rise amid mixed market tone
Swans Ltd reports net profit of £91,672 for year ending May 31, with higher turnover in the TV sector and gains in allied construction and building materials. Directors said activity in the southern hemisphere remained strong, though overall sentiment was cautious amid general market softness and lower life assurance earnings.
MENTIONED IN THIS ARTICLE
Swans Ltd
New England
Association of Coat
Operative Building Societies
NW. . of Nsw. Ltd
Mutual Life and Citizens
Varia
Eport. Assurance Company Ltd
Life Assurance Courtaulds
Courtauldsja
Dar Hilton to Rise Over Dar Es Salaam Harbour
Work will start next year on a 2.5 million 14 story Dar Hilton Hotel overlooking Dar Es Salaam harbour. Finance Minister Paul Bomani announced plans for a second Hilton on the island portion of Tanganyika and a third possibly at Arusha. The hotel, due for completion in early 1967, will offer 250 bedrooms a conference room ballroom restaurant nightclub and a roof top pool.
MENTIONED IN THIS ARTICLE
Dar-Es-Salaam
P-Reuter
United Republic of Tanganyika
Zanzibar
Paul Bomani
United Republic
Guaranteed price for dried fruit in Australia
Brigadier Eugene Gorman, chairman of the Australian Dried Fruits Board, announced in Fremantle that international price fixing would ensure reasonable profits for dried fruit producers. This year's price is £175 per ton, up from £147.10 per ton last year, and Greece, Turkey, and Iran are noted as past low-price competitors.
MENTIONED IN THIS ARTICLE
Perth
Australian Dried Fruits Board
Eugene Gorman
Fremantle
Iberia
Gorman
Jshig
Greece
Turkey
Iran
Standard gauge rail contracts awarded in Western Australia
Two major contracts for the standard gauge rail project total nearly £3 million. The largest, £20,000, goes to Utah Construction and Engineering for track laying and ballast between Upper Swan and Merredin. Awaiting start early next year, completion planned in late 1966, with 750,000 cubic yards of ballast required. A second contract worth £335,000 for automatic signalling was awarded to McKenzie and Holland Australia Pty Ltd.
MENTIONED IN THIS ARTICLE
Perth
Utah Construction and Enineering Pty. Ltd
Upper Swan
Merredin
Court
Toodyay
McKenzie and
Holland Australia
Pty Lad
Natural Gas May Warm New Zealand Cities
An American consultancy, Zinder International Ltd, advised the New Zealand Government to use Kapuni Field natural gas as a premium fuel for Auckland Wellington and other major centers. The report tabled in Parliament says gas can be viable if sold competitively with electricity and light oils. It notes New Zealand has limited energy resources and Kapuni could extend supplies by about two years. without more oil finds, power demand would rely on imports within 12 to 15 years.
MENTIONED IN THIS ARTICLE
Ellington
Friday
New Zealand
Kapuni Field
North Island
Auckland
Wellington
Zinder International Ltd
Kapuni
Melbourne hits high spot in mixed trading roundup
A chaotic market update shows mining and industrial stocks advancing while banks and utilities waver. Strong gains for Aberfoyle and Amiral Exmoor contrast with cautious moves in Hawke Australia and Boral, as trading reflected wider commodity shifts and corporate earnings signals.
Economist attacks wool reserve plan at conference
Professor F H Gruen of Melbourne University criticises the ApMrane Wool Board report on marketing. He says the proposed reserve price would set a floor unlikely to fall in the short term and could dampen price volatility. He urges on the spot investigation of competing schemes and cautions the plan ignores potential fluctuations.
MENTIONED IN THIS ARTICLE
Bet J
South Africa
New Zealand
Wool Industry Conference
F. H
Gruen
Monash University
Melbourne
Wool Board
Investi
Also Mentioned on This Page
East No. 2
East Mercenie No. 1
Canberra Credits Pty. Ltd
London
London Tock Exchange
A. D. Meares & Bishop
Ml.c
Petrie Street
Canberra
Patrick & Company
Northbourne Avenue
Canberra City
Cerstlereagh St
Malbourne
Nollongong
IAN Potter & CO
City Chambers
City
Stockh Exchanges of
Adelaide
Saisbane
Coline Street
Sydwey
ORD, Minnett
T. J. Thompson & Partners
CBC
Act
Tal
Tonkin PI Plasto Hepworth & CO
Lend Lease House
Hunter Silent Amp
Sydney Wallongong
W. L. D. Hewson & CO
Hunter Street
M c
A Lake Credits Co. Pty. Ltd
Northbour
P.O
CIA
Rea As
Ralph Taylor
Civic
D Security Guarantee Co. Ltd
Ema Place
Royal Typewriters
Petrie St
Finance and Industry
R.M.C
Colonial Sugar Refining Co. Ltd
Blue Metal Industries Ltd
Ready Mixed Concrete Ltd
Onnortini
BMJ
Pany
Mts
Broken Hill
Hurley
Mount Proper
Isa
Iian
Thelig
Intel
JastAustries Ltd
Australia
Courtauld
Dar Hilton
Arusha
Tanganyika
Mount Kilimanjaro
el. Industries
M.L.C. Plan
N.Z
Gop Flugerid
Mt Morgane
Marco Hardie Joie
Ae Eee
Indwetrial
A‘graae
Am- Foods
Hawke Caay
Del
Amen
Bis Hawkes
A Senny
ACP
Boral Ja Sha
Hecla
Henry Berry
Buckley and
Nwte
Taras
Nnpidge
Carran
Brewery
C Corporation
TNT
Henry B Smith
Aos
Philp
Ind
CSR
Ini- Carri
Cascade Taeew
Farner Industries
James
Evans
Fale Forom BS
Ubcum
Wid
Wallona
Cohn
Bsc
Gues
Bros
Maton
Herald Sd
Joe Whine
Oh & Moles
Reomocid Bank
Woolworths
Woi Rocla
Corima
Uh Pa
Nsw
KM Morson
Jonathan Inv
Trin
Mc Ae Ind
Conamimers
A. Votmetuuband
Grey
Kay Corp
Kings M'quin
Ea Per
Esc
Aberfoyle
Cox Brow
Alliance OH Devel
Kerli
Panes Motor
Finn
Peins
Gusto Creat
Cyelpekd
David
Wil
Amipal
Ardiethan
Thies
Werner
Meental
Asoc Freney
Edments
Eacke
Peante
Sher Holl
Gheybourne
Ealie
Bea
Reighers
Pelee
Jopes Gangea
Hawke Australia Ltd
Gerund
Gitaon Kellie
North
A.W.A
Boral Td
Gem Hd C.S.R
Drugjins
Vhantann
Alliance
Kathleen Tov
National
Ned
Warcoed
Tavest
Asoc
King Island
Salem Vt
el Bank
Bank of
Marton Rug
Austral Bakeries
Tae
Legerench Otee
N.S.W
Taiwan
Commercial Bank
McLaren
McPharsote
Gavenage
Mutaul
Ockawatan
Adel Steam
AG Heart
Seago Snee
Creson
Inaui
Sir
Breast
Whale Indy
White Crow
Wen Chartick
Commonwealth FR
Eclipse
Brisbane
Economist
Wool
Esterday
Ansett
Astor Mills
Audiphone T/ ACT
Cote
AW Jenns
Boi HO
SF Belmont
Serrima
Vaewer VW
Coral
AS Ball
Warner
Neowin
I A
APA
Bria Mlc
Serv Brit
Currie Gibson
J Coles
Grace Bros
Griffiths
Hammes
Harden
Hardie Aio
Selby
I Cc Steigh Anis
H Jones
Hestia
Fate Smith BO
Huttons
Inter Foot
Inter Rest
Isas
M M Moore
If Alle Clarke
Bom
Éymo Martin
Maur Brow
Metal Perf
I Minster
Mons
Moteliers
Myer
ODE RR
Olims
Oneal Sak
Paynier
Peko ‘Wall
Isyne
Perm
Symonds
Repco
Mitch MK
Stedman
Jaywothet
SA Rubber
Savogeon
If Schwem
Scheb Ve
Seakist
Shelley
Smith
Miles Mainfall
Country TV
Cyclone
Dalton
D. Jones
Coop
WG Davison
Derring
Hardy T
Dodds
Dodge
Fed
F. J. Pallmer
F. J. Walker
Fred Clarke
G. Fielder
G. Hudson
Jefferies
Lend Lease
MacDougalls
Macquarie
MacRon
Mark Fovs
Marrickville
Max Wurcker
Newbold
I Poole
Fioneer
VTA Pioneer
Pyrom
R. N. Statham
M. Gow
P LE
Viscount
Vulcan
McArthur
Penfold Woo
Oc Stevens
Mofflin
Adams
Arpenter
York Motors
Mt Lyell
Mt Morgan
NG Goldef
Apioaina Timor
Tramoil
Woodside
Onnerdale
Sorbys
Steel Mills
Henry
Strata
Borg E
Unit Tele
Waltons
W. Franks
Watkins
Westfield
Whale
Atking
I. Pai Emperor
Packtic
Aia Santos
Benbon
Wyong Min
Brad Cotton
Bramble
Swan
Eh Toohey
Brolite
Camelec
Carper Manuil Alliance
Benjamin EZ Ind
al Wa
G Sims
Amale Tasany
PH Stephens
Fr Ampolty
Williams
Anders Tew
Booth Ins
Braemarwa
Buckinghams
Emac
Clyde
Gadsden
Lynaght
Meagher
Kauri
Kennard
Q Lanray
Fi Lazarus
Hooker
Elder Mort
Tancred
Tulloch
Travel
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