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Canberra Times in Canberra, Australian Capital Territory

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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 20, 1968

Page

9

Peko-W profit exceeds $4m

Peko-Wallsend Ltd lifts dividend to 22 4 per cent after earnings leap to a record 4 19 million in the year to July 2. Mount Morgan Ltd contributed 1 03 million to the figure, while operations excluding Mount Morgan show 4 16 million in profit. Paid capital at balance date was 10 74 million, with 5 08 million on preference shares.

Sydney Peko-Wallsend Ltd Mount Morgan Orlando Junio Peko

CGFA Reports Record 5.38 Million Annual Profit

Consolidated Gold Fields Australia Ltd posts a record net profit of 5,380,000 for the year ending June. The result reflects high earnings before tax and depreciation, with a previous year profit of 4,114,000 and capital metrics improving. The gain includes charges for tax, redemption and depreciation and a nil provision for preference share redemption.

Sydney Consolidated Gold Fields Australia Ltd

Sydney Demonstration of New Wool Container Unitisation

At Balmain Wharf Australian National Line showcased a container flat system for wool. The 20 by 8 foot platform holds 72 bales in three tiers and needs one forklift, reducing gear and potential fibre damage. Japanese Consul Saizo Tenetani led observers as ANL plans August next year Japanese run with Empress of Australia.

Sydney Balmain Wharf J. Weymouth Australian National Line ANL Empress Australia Saizo Tenetani

Nickel forecast for nickel ore in 18 months at Great Boulder

Melbourne report states Great Boulder Mining and Mimes Tid and North Kalgurl expect nickel ore production within 12 to 18 months. Chairman NM Nilsen said the forecast follows a week of company trading updates. Directors say profit is planned for the year to June with a nickel mining operation near Sentia reaching about 11.6 million dollars against 9.35 million beforehand.

Melbourne Great Boulder North Kalgurl Nilsen

Consolidated Gold Fields declares higher year dividend and profit

The company will pay a final dividend of sixpence a share, with an interim of fivepence making a total of elevenpence for the year. Last year the group paid an interim of threepence for less than six months and a further amount. Profit for the latest period is 24.4 cents a share on capital of $22 million, vs 18.7 cents last year. At balance date the market value surplus of quoted investments over back values rose to $18.5 million from $4.7 million a year earlier, with $6,490,000 attributable to outside holders of subsidiaries.

Consolidated Gold Fields Sydney Stock Exchange Todas

Mining firms lift dividends as output grows

Australian National Industries and peers announce higher dividends after exploratory work and rising ore production. Great Boulder and North Kalgoorlie shares surge on premium issues and capital gains, with profits up to $517,113 in the year and a 10.1 percent earning rate. Turnover climbs 14 percent to $21.7 million as the sector expands nickel output and consolidates gains.

Great Rowller North Kalgurbilyag Jus Indus Scotia Feld Tries Ltd Consolidated B.S Great Boulder North Kalgurli Der North Kalgurli

Vehicle registrations in Australia rise in July totals

The graph shows 12 months to July actual and seasonally adjusted registrations. Motor cars and station wagons accounted for most, with July car registrations at 31,824 actual and 29,385 seasonally adjusted, versus June values. Other vehicles rose to 8,133 actual and 7,097 seasonally adjusted in July, according to the Statistics Bureau.

Australia Statistics Bureau

QO and G Battle for Melbourne Company Offices

The dispute over Omnibus and General Inwrrance Brokers Pty Ltd premises in Sydney moved to the Supreme Court where interim orders restrained Mr Cray’s group. Judge Little adjourned the case after denying a continued injunction until a full hearing. Engagements held by both sides promise no action pending court resolution as deposits and assets shift amid takeover maneuvers and a proposed share issue by a related uranium prospecting group.

John Adams MBA (Credits) Pty Lad Justice. Little Cray MBA Tom Justice Little Omnibus and General Inwrance Brokers Pty Ltd Lonsdale Sydney Fion Lon Leonard Gray Italian Bankers Association Michael

Inquiry into Wool Exporters Pty Led and Associates WA

The State Government will appoint a Royal Commission to investigate Wool Exporters Pty Ltd and associated companies. An earlier Dowling inquiry found under capitalisation and bad management caused failure, with no deliberate dishonesty by chief executive W J Howell. The Justice Minister said the royal commissioner and terms will be announced soon.

Perth Wool Exporters Pty Led Dowling W. J Howell iChiffith

Canberra signs $130,000 computer contract

The Canberra Computer Centre signs a major contract with Symons Canberra man orly to cere the ne ACCOMMODATION VACANT ager of the Nationalministrative work of the cia board. The deal, worth 130000, covers a Century ment of Mr A J Abbott and aims to provide full EDP facilities. The centre, in Manuka, plans installation by September 1969 and seeks inquiries at the Canberra address and phone number.

Symons Canberra CIA Downer A. J. Abbott Don Australia NCR Commerce Campbell Manuka Northyany Gregory's (Motors Abbott Kaurpe Ave Jack St Estaby

EMI Profit List Shrugs to Record 1 290 000 Year to June 30

EMI Australia Ltd reports a profit lift from 1 178 000 to a record 1 290 000 in the year ending June 30. Dividend remains 18 percent with a final 1 percent due October 25 for investors on October 1. Earnings rate hits 48 pence per pound versus 43.7 percent last year. After 2 4 138 depreciation and 1 260 000 six months outside holders rise to 879 389 from 352 528 final capital profit 598 978, up from 7 100 last year.

Sydney EMI (Aust) Ltd

Meggitt Posts Surge In Profit For Year To May

Meggitt Ltd, oil seed processor in Sydney, lifted consolidated net profit from 72 133 to 206 898 pounds for the year to May. After depreciation of 160 860 the earnings rate rose to 19.6 percent. A final dividend of 6 percent will be paid on September 27, making 24 percent for the year. Books close September 12.

Sydney Meggitt Ltd Inet

Also Mentioned on This Page

Peko-W Mount Morgan Ltd Peto Ahe Ani Pee Ned Red Grobers Tan Potts 4 Co Dioch Exchange Meteurne Je? Alnge Street Canberra City Hephobaiaalustralia Limited Oaneare Cy Band of Adelaide Tne Supreme Court Melbourne Insurance Company Uranium E. J. Dowling Canberra Times Back Yard Giles St. Kingston Furn Hampton Cin Charles St. Queanbeyan O'Connor Ite Roumxoutne Satur St Heati NG Monte Fri Guenther K. J. Guenther Sakkara Ella Kalevi CCH Briggs — Fenton Ashley Fenton Anne Lorraine Grahame Arthur A. Megper Devonport Tasmania A Briggs. Ney Prowse J. Prowse Service Street Curtin Lorraine Billy Fo Norden Cadorma St Box Hill South Victoria Shanley Slattery Caldwell Street Hackett Ballina Goulburn Marie Bill Mum Fay Albert and Gail Thornton Frederick Morgan Pat Patricia Ry Bill Mireen Cheraldine Moya Ro Kennnedy Richard Robert Poppa Pave Canberra South Bowl Clube Ken Amess Presbyterian Church Forrest Canberra Highland Society Burns Club Forest Tastlake SH. Dee Barry Smith Deakin Gibren and Gibson Furn Macquarie Allen ‘Carthy Taman House Hobar Place Hughes B. Lyneham Tachecit Whyte Pty Ltd Cremory Commercial Chambers The Queanbeyan Leagues Club Lorne Lesley National Parks Assocs of the ACT Institute OF Anatomy Merlan Glover Arts Council OF Australia Act Division Monaro Mall Contmry Teo Fies Canberra Ave Kingston Dise Vie Manuka Oval Union Club Currong Currong Flats Deakin Shops Fhornton Frederick Morgan Thornton Lister Escent Aes East Sanber Reall Riven Mies Quo Steel Queanhevan McQuoid Street Boardman Allport Bell & Finlayson Solicitors Monaro Street Queanbeyan Nsw Anne Marie Beauty Salon Instans Bon Uraeutly North Side Computer Greg Cusack R. A Rick TPES Capital Hire Malvern Star Store Phom Saravan Ph McDonald Supreme Court OF the Australian Capital Territory Lettie Margaret Honor Geli Little Hollow Edward Rowl Farnham Surrey High Court England Tay John Osmond Julius Stevens Farnham John William Hunt London Macphillamy Cummins & Gibson Proctors ES & A Bank London Circuit Pepethang Gavan Aatie Mani Prositice Phon Whet Farrer Harmacy Mit Hay Ted Sam Toes WreheMeSiece Bros. Polriperation Cormanwealth Metros Drive Crertin Orea Devonport St Lyons Carmen Coiffin Dickson Taby Isales al Randillion Aranda Stor Motor Hotel Munro Sr EMI Meggitt R. A. Symons A. J Abbot G. Cusack Oof Solicitors Oppowte Revive Bank Allen Curtis and Partners Tasman House Hobart Place Lakes K. D. Morris and Sons N.S.W.) Pty Ltd Commonwealth Avenue Plojedt Centrol Provident Fund R. Cochrane A.W. Jennings Industries GPO Box Princeton Distributors PTY Ltd Whyalla Street Fyshwick Reaares Crockford Cat Hotel Civic Woolworths Woolworths Ltd Pum Lee Good Prospects Barton House
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