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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Aug 27, 1966

Page

6

John Beith plans 1 for 10 bonus after record profit

Directors indicated plans for a 10 to 1 bonus following a record profit and profit uplift at Belmont Stoneware Holdings Ltd. The group reported improved figures with increased capital, depreciation and tax adjustments noted, while final dividends were declared at various rates across several entities including Cambridge Credit Corporation Ltd and Canberr a Television.

John Beith John Beith Holdings Ltd Sydney

Omark seeks cash bid for Sporting Arms in Adelaide deal

Esso Exp Omark and Omark Industries Inc offer cash of 12 for 42.9 percent stake in Sporting Arms Ltd Adelaide via a Puerto Rico subsidiary. Full acceptance would require payment of STUTI. Bas Explorations Australia reports encouraging drilling in Bass Strait as Broken Hill Pty Co Ltd plans a 50 percent working interest in a natural gas field, contingent on negotiations and potential sale pricing.

Omark Industries Inc Sporting Arms Ltd O Adelaide Puerto Rico Frehange Omark Sporting Arms Bas Explorations Australia Pty Itc Bass Strait Broken Hill Haematite Px Bellambi Coal Co Plorations Pay Ltd Consolidated Net SVE Fisoa Faploralions

West Min plans issue sparks capital rise at Western Mining

Western Mining Corporation seeks to raise about 125 million by issuing 7.5 million shares at a premium of 62-5 per share. New capital payable on application, balance by July 1 1968. A second call in February, then three more calls at three month intervals. Directors announce 12 percent annual dividend. Consolidated profits for Grimley Ltd drop to 75,438 after tax. Tableland Tin Dredging to shut Mt Garnet dredge for three weeks.

Western Mining Corporation Grimley Ltd Sydney Tableland Tableland Tin Dredging NI

Devon Credit strengthens liquidity after asset sale rise

Devon Credits full accounts show improved liquidity and a gain from Sur preses assets sale in the latest year. A $194 164 bank overdraft was repaid, and $22k now in depots at call with money in the bank totaling $59 882, up from the prior year. Consolidated net profit for 1965 6 rose against the $100 re quired for the steady ten percent dividend charge. Directors note the profit statement excludes any proceeds from the sale during the period.

Devon Devon Creditstd Alec Surpreses Ltd Call Ges Agds

Trade fair in Jamaica and Australia events noted

In Kingston Jamaica a trade fair is announced with motor vehicle registrations rising. Australia records show a November track fair with 17 678 visitors and 14 574 from outside the country to view ex country exhibits at venues including National Stadium and Arena Convention Hall.

Kingston Jamaica Australia Industral Fairy Commonwealth Nationalistician Archer Canthe National Stadium Berta

Steel trend brighter as demand uptick lifts Broken Hill PTY

Broken Hill Pty Co Ltd reports improved Australian steel demand in its annual results. Output rose to 6.488 million tons, while group profit dipped 7 percent to May 41 due to high costs, exports, and a weak local market, despite efficiency gains and record capital expenditure. The wage bill rose following a federal wage decision, narrowing margins.

Broken Hill Pty Co Ltd Whyalla Australia Direchiora

Britain's credit squeeze may cut demand for wool

Britain faces economic pressure that lowers textile activity and wool exports. June figures show tops down 5 percent and yarns 3 percent, with worsted fabrics down 27 percent and woollen fabric 6 percent. Imports of new wool dipped. London sales July 21 influenced by restrictions announced by Prime Minister Wilson. Australia 1966-67 wool output seen near 40 million greasy pounds, Merino share ~75 percent. In Timaru New Zealand fleece opening shows high bids and strong sellers’ market, with top prices reaching 64d and robust catalogues for crutchings and well-grown carreel.

Britain Prienal Economic Committee Seumen Jue Wal London Thorold Wilson Merino Wick Timaru New Zea Mies Corriedale Dunedin Davencardllsles

Copper rises again in UK market trends

London base metal prices surged with copper advancing sharply on the London Metal Market. The prompt cash position moved to around 217 Wy per long ton and the three month contract near 840 748.

London

ASA Plea to U S President Over Cape Naval Dispute

The Australian Shareholders Association writes to the U S President seeking personal intervention in the North West Cape naval communications centre dispute. Keith Bulley of Monier Ltd reports millions in losses and stresses requests for faster settlement to avert broader impact on Australian finances and defense relations.

Australian Shareholders Association United States Northwest Cape Naval Communications Centre Distes (Monier) Ltd Keith Bulley Alines Tovup US Navy Johnson Australan TOUA Ridley Iself Australani Holt Defence Mir Hall AmoWe Bassading Austral Clark Come the Association

Fragmented stock market tickers and company codes list

A dense OCR read presents a wall of stock ticker symbols, company names, numbers, and financial codes. Readable entities include Allied Mills, Amalgamated, Fort, Port Jackson, Chevron, Emu Gravel, Wat ers, and several individuals and numerals, but the fragmentary text lacks coherent narrative or clear events.

General Manin Touhimans Winns Awoc Peko Amalgamated Ct Fire Eight Wright Asem Freneyv Gotch Auy Chem Powey G Au Goliath Rts RD Port Jackson Hardie J Hooker Lim Prestwe APM New Humes MUNIN Huttona Isa Ako Hill Brad Co Sayword Jones Shaw River Shak Ps Saves Valley Ate Chevron Landmark Sims AG Chown al Lawrence

Sydney shares fall again in Sydney Stock Exchange trading

Sydney markets extended losses led by mining and investment stocks amid global downturns. Nine of seventeen market sectors fell while turnover edged up. Western Mining and Broken Hill were among notable movers as copper stocks fluctuated and premium issues were announced. Local miners faced fading confidence with several key names slipping.

Sydney Doendon New York Kase Metals BH South Ge New Broken Hill London Mt Morgan Mt Syell Western Mining Beach CRA Kathleen Investments Cons Rutile Fc

Also Mentioned on This Page

Royal Typewriters Woolley Street Dickson A. D. Meares & Bishop Sydney Stock Exchange M.L C Petrie Street Cerra Petrif Lake Credits Co. Pty Ltd Northbourne Avenu P.O Canberra Belmont Stoneware General Newbold Li Jhas Cambridge Cambridge Credit Corporation Ltd Tue W Jwst TOS RG Nightingale Nightingale Supply Card Nsw Gippsland Bass Esso Omark and Bellambi West Min Fast PLC Grimley Kalgoorlie King Island Ta Ik Emond Woodside Thiess ANZ Bank D'S Sall-yoer ANZ Lac Mr. J. BD. McCarthy Suite Land Trust Building Cor Petrie Street London Circuit Civic Centre NEW Ombudsman Edmund Compton Sweden BHP Asa U.S DHA Fiders Val EU Aus Ily Main Perpetual Trust Williams W Combe Woolworth General Davies Fetersville Sa Aldershot Supur Amal Holt Provincia Fenwick Ansett Aly Awe Rural Aly Trend Ind A Rothman Sr Aus News Hamme Smith Ay Swan Brewery Big Sister Kohler I CRA SM Iy Oh Kolotes Tay Swans Lowes Taylor A Ag Fy Bors Ludo JC Sy TV New England Kath Invest Bhp Ote Lis Philp MLC Lysaght Theiss King Island Tooheys AG Macgr Tooth Loluma Mascat Walker FJ Coles GI Mauri Bros Lew Guinea Sugar Meagher J Waltons New Q CRC Sydney Millagain Ay Nauc Mur Ace Ow Wells M ODE Mofflin United Uranium Com Union Olims O'Neill Ay Weae Uranium Con Milk Cope Allman Osti Urania Holdings Penta Ibs Crane Gep Wright Western Mining Vararan Davies R Ata Pond Debe Atay Electrical Sonferreme
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