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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Aug 20, 1966

Page

6

Wynyard lifts profit and payout

Wynyard Holdings Ltd the Sydney hotel owner lifted consolidated net profit from 473104 to 486074 for the year to June 30 despite a tax provision surge. Ordinary dividend rises to 7 percent with a final payout of 34 percent and total distributions absorbed 307984 up from 263988. Consolidated operating profit before tax grew 41 to 877840 from 621596. Depreciation 182460. Directors noted all divisions improved, Menzies Hotel occupancy up, Wynyard House average 8 percent occupancy, shops fully leased, car park profit up, and Mr D La McIntyre to join the board.

Wynyard Holdings Ltd Sydney Menzies Hotel Wynyard House 1D. la McIntyre Schweppes Averalia) Ltd Escavoee Sfhe Vtyelie Ltd Melbourne Tom Hearne Formips WAS Met Sydmey Transmission Peguy Ferim IN Holdings Intrade Chemicals Syd

Britain to abolish Commonwealth preference impact on Malaysia exports

London reports that about 2 percent of Britain's exports to Malaysia would be affected by the decision to abolish Commonwealth preference on several imports. The statement was made by Mr M Montague, chairman of the Asian Committee of the British National Import Council, late Friday night.

London Aapreuter Britain Malaysia British National Import Council M. Montague

Sydney Bankers Case Faces Delayed Reaction on Market

Sydney banks eased in trading on the stock exchange following the Reserve Bank announcement of lower fixed deposit rates. Declines in Bank Asselaulee and Bank NSM contrasted with mixed trading as investors reassessed deposit firm prospects and steel prices influenced shares.

Sydney Syenew Stock Exchange Reserve Bank

Glenfinlas Takes A Bow On Clydebank Launch

The Glenfinlas, a 21 knot 13,000 ton cargo liner, was launched at Clydebank Glasgow Scotland. She features three stainless steel tanks for chemical cargoes and three main holds for general cargo. She will join Glen Lines Far East service with fully refrigerated cargo space down to minus 29 degrees Celsius.

Clydebank Glasgow Scotland Glen Lines

Repco lifts profit seven percent to record high

Repco reports annual net profit rising 7 percent to a record level as trading conditions remain difficult. VAT provision fell and depreciation rose, with earnings 34.1 percent on capital. Directors maintain the ordinary dividend at 6 percent and final dividend to total 12.4 percent. Trading profits before tax and a placement to acquire another company are noted.

A. G. Sims Ltd Sydney Laxa ANU Aretha SSSA Knney Stock Exchange

Intrade Directors Vied to Wind Up Operative Company

Intrade directors clashed over winding up the company as founder Dr Rudolph Krupicka opposed unseating the board. Annual report showed profit drop from 596,594 to 559,720 with weaker building activity and higher costs. Schweppes and others announced share issues. tax provisions and depreciation affected results.

Ois Intrade Swans Sydney Ler Rudolph Krupicka

Coal remains key power source says Lord Casey in Canberra

Governor General Lord Casey opened the Royal Australian Chemical Institute convention declaring black coal to be the most important domestic power source and noting that 70 percent of black coal is mined in New South Wales.

Asia Ndia British Commonwealth I Ndia Aus

Lysaght Lifts Prices On Steel Sheet And Coil

John Lysaght Australias Ltd will raise prices for steel sheet and coil by 28 per ton about six percent of selling price. Directors said the move was necessary after minor price rises by BHP and Australian Iron and Steel. General Motors Holden expects the rise will not trigger motor vehicle price increases, noting the total impact is small and may be absorbed.

John Lysaght Australias Ltd Sydney BHP Australian Iron and Steel Creneral Motors Australia Tse Inl Melbourne

Preference losses in Malaysia affect key export items

Malaysian authorities cut preferences on sugar, motor vehicles and brandy to raise about 6 million for a new development plan. They cited revenue needs to fund growth, while encouraging local production like sugar cane and motor vehicle assembly for future industry.

CSR Australia Fiji Commonwealth

Policy failure on Malaysia split sparks trade fears

The article notes difficulty agreeing a common policy with Singapore contributed to Malaysia's breakup last year. It highlights trade losses, citing about 147 million dollars of goods affected from 1964 data, and suggests Australia may refrain from retaliation while the UK and Singapore face broader Commonwealth losses. It mentions updating trade treaties to cover Malaysia beyond the States of Malaya.

Singapore Malaysia United Kingdom TUK Australia Department of Trade and Industry Federation of Malaya Malaya Vet Cement

India relations with Australia amid economic crisis

Australia pursues urgent aid and trade links with India as drought, war with Pakistan, and rupee devaluation strain India's economy. Canberra highlights Colombo Plan support, Indus Waters project, and wool exports while questioning trade posts and aid efficiency. Sir James Plimsoll and Sir Arthur Tange are noted as key diplomatic figures.

Himalayas Nehru India Pakistan

Trade mission eyes Australia for Irish firms

A Danish style summary: a two-man Irish trade mission recently visited Australia to explore opportunities for Irish exporters. The report notes Irish firms like confectionery and knitwear, with discussions on export potential and market entry. The Irish Government’s Trade Commissioner led the mission, aiming to promote 148 Irish firms to Australia.

Australia Opee Jhade Lirish Trelamd Coud

Visiting Bankers Guest in Canberra from Tokyo

Japanese banker Mr Moritaki Arasaki of Sanwa Bank Tokyo is spending a week in Canberra as guest of Bank of New South Wales. He is an economics graduate of the University of Tokyo and attached to the foreign department. He will spend six months with Wales and travel extensively in Australia and New Zealand.

Moritaki Arasaki Sanwa Bank Ltd Tokyo Canberra Bank of New South Wales Arasaki University of Tokyo Sanwa Bank The Wales Australia New Zerland

Also Mentioned on This Page

CBC Chambers Fftrie Street Act Orderley Eldon Apisrane A. D. Meares & Bishop Sydney Stock Exchange Ml.c Petrie Street Petrif Canberra Credits Pty Ltd Lake Credits Ca. Pty Ltd Northbourne Avenue P.O Mr J. OD. McCarthy Wynyard Town Topic N.S.W Koratron George Street Gio Porter Tasman House Hobart Place A.C.T E. Barham Cae Ifneral Lit Ackams Farrell Fowler Tirave Bron Aus Inv Ivy Neon Hall Ronkers Boral Jennings Coles Mars PD Sith Dalian Ili Maviels Deering Ak Luly al Bank Pas Petersville Kourrikarani Wooulsaule Kothmans i Sampson Sy Mining Hweppes Asa Sleizh GM Kalp Iany Cyeenhiushes SPA Stedman Kath Investore Tang See Quayy Towhersta Ay Toole King Tiana Ath Mer Dwell United Tel Walker FJ New Ben Bill I Westin New Guinea Gold Whate Inc Aly Ith Mofflin Williams Fowe Wamble FE Shaw Rivet Silver Valley Wuniibe Uy Woolwich Ik le Uranium Crite Main Candin Gen Ir Herald Holiday Hooker I Amy Varna Palle Duanhour Alleed Mills Mere Mutual Fairymead Asset Bern Amalg Millasain Ferris Mierini Someredeh Mineral Applion Aus Aacon Tay Wright Iy Ia Mining Bert Men APM Prirocher Consrat Prefiss Sucar Auto USA Houghton Great Western Bank Adel Humes Invesy Bank Nsw Ty A Naviol Robb Kath Invest New Bell Bry Berlei Suwoy Mount Morgan Smid Mitsa Jeffries Shear Fin Nalic Rushells Jordan Ae Stack Steven Pacific Larke & Bf Syd Tableland Tr Law Taylor A United Uramieny Lawrence TV Corp Dlh Coens Met Tullisch Uranium Uy Tyree Davis al ‘Waugh J Western Mining i EMI Met Macar Bee McDonald Bankers Bank Asselaulee Te S24 Bank Nsm Willie Pasinral Tia Tranapet Orem Enginremne Glenfinlas Repco A. G. Sims New Stock Exchange Mangrovite J. Lysaght Peter Peter Long Talia James Plimsoll Department of External Affairs New Delhi Arthur Tange Tralia Indus Waters Columbo Phan Porthy Indi Mchwen Sir Arthur Lange
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