O and G court tussle continues
In Melbourne the Supreme Court adjourned proceedings over insurance company ownership amid solicitor changes. The dispute involves Oxiaide and General Insurance Brokers Pty Ltd and a takeover group MBA Creans Pty Ltd claiming full rights to manage a Burmese sale. The case resumes tomorrow with Mr Justice Dillard presiding.
MENTIONED IN THIS ARTICLE
Melbourn
Supreme Court
Amt Insurance Company
Begum
Insurance Brokers Pty Ltd
MBA
Creans Pty Ltd
Malbourne
Cy.wpserin
Justice Dillard
Mc Gray
Jesus Main Tommorrow
Woolworths Lift in Sales and Profits
Woolworths reports higher sales and profits as advertising and consumer demand pick up. The issue notes quicker scrip transfers and columns on market activity, with Canberra and national news names referenced in brief. Funeral notices and memorials are listed later in the section.
MENTIONED IN THIS ARTICLE
Canberra
Ames
Ignaties
Woolworths reports sales rise and tax hit on costs
Sydney and Adelaide reports indicate Woolworths, Australia's largest retailer, posted higher sales for the year to July with gains over the prior year. Directors maintain a 3 percent interim dividend as costs and inflationary pressures loom.
MENTIONED IN THIS ARTICLE
Sydney
Woolworths’ Lad
Australia
Ferns
Salen Sale
Consol Gold's revised bid adds tax burden and King Island tie
A convoluted takeover offer by Consol Gold Fields adds state tax considerations and hints at further increases. The plan centers on Gold Fields and King Island scheelite assets near King Inland, with a proposed premium and a staged payment in cash and shares. Directors say the board supports the offer, which could push total holdings acquired beyond 50 percent if accepted.
MENTIONED IN THIS ARTICLE
Dre Taposea
Woolworths
Sydney
King
Avra Ld
Tasmania
Heenan
Actralien Tage
Ate
King Island
Ind
IL Gold i
Fields
Oramme
Lin Sydney
Aiore
Bourke
Swinn
Malhourne
Iisy Tare
Gold Fields
Rundle Street
Adelaide
Centre
Walen
Bink Felde
Gields
Troan Ehases
Renison Signals New Methods in Australian Plant
Renison Ltd reports that new equipment and methods from Renison’s training in Tasania will show results in the first half of the current financial year. Directors emphasize expected gains from updated processes and streamlined operations.
MENTIONED IN THIS ARTICLE
Melbourne
Renison Ltd
Tra Ming
Taseania
Mount Lyell plans share split and ore reserve rise
Directors of Mount Lyell Mining and Railway Co Ltd outline a plan to split 50c shares and issue 2s 6d units to fund growth. The annual report shows reserves up to 41.87 million tons with copper grade rising to 1.4 percent, and a new North-West area Cape Torn ore body yielding an estimated 3.4 million tons. Sir Walter Sunset notes a profit drop to 2.2 million amid wage declines and parade-related impacts.
MENTIONED IN THIS ARTICLE
Mount Lyell Mining and Railway Co Ltd
Fim
Saavett
Cape Torn
Sir Walter] Sunsett
Alisthe Ory
Furore over sixty eight million wheat stabilization plan
Melbourne reports a $68 million Federal Government Wheat stabilization scheme drawing fierce opposition from the Victorian Farmers' Union. VFU leaders PB Leach and PJ Meehart condemn the plan as ruinous for small and younger growers and warn of economic chaos in the dairy and fruit industries. A meeting of wheat growers is called for Bendigo Town Hall on September 9 to discuss the scheme.
MENTIONED IN THIS ARTICLE
Melbourne
Victorian Farmers’ Union
VFU
PB. Leach
PJ. Meehart
Anthony
Steel Mills plan two new issues in capital raise
Steel Mills directors announce two new share issues to raise capital for the group. A bonus issue is approved, with a move to a higher tax rate and depreciation guidance noted. Final dividend of 0.5 cents payable in October remains unchanged. books close September 27 as the year ends September 21.
MENTIONED IN THIS ARTICLE
Woolworths
Port
Adelaide
Higby Ln
Gether
Prebaly
Tex Mindry
Longroans
Steel Mills
Governteantesos
Vamgas to Offer Seven Million Shares Publicly
Sydney reports Varagas NL, a Var Ltd offshoot, plans to issue seven million shares at par to raise capital for a 20 percent stake in Dent interests. The issue targets 1969 funding for gas development in South Australia. Underwriters include Ralph W. King and Yuin.
MENTIONED IN THIS ARTICLE
Sydney
Varagas NL
Var Ltd
Ig Ta
Uae
Delhi
South Australia
Jour Om
Vargas
Wefect Group
Anptratinn
Ainien
Ralph W. King
Yuin
Melbourne mining group forms new board under Hugh Dixson
An investment group based in Melbourne named Pattinson Ltd plans a new board led by director Hugh Dixson. They aim to control a small copper mine and operate various equipment while pursuing shares and financing alongside asset diversification. The move follows past outlines of dividend changes and strategic shifts within the sector.
MENTIONED IN THIS ARTICLE
Sypney
Monnay
J. H. Cooper
Sydney
Dinechire
Darwin
Aumiralia Ltd
Cooper
Mona Ae
Sci Fe
Teed
Compan
Kalamunda
Copet
Mari
Vale
Tweed Heads
Nsw
Cooper Advo
Queenland
Southland
Croydon
Victoria
Mosman
Port Macquarie
Pedaire
Wollongong
Armidale
Tte
Andj Wennyortvile
Koga
Coady
Manny
Aus
Stacum
Iy Wandardie
H. Bexye
Melbourne
Nvestment Group
Washington
Pattinson Ltd
Tolpany Wan
Marks
Tejnt Mackay
Also Mentioned on This Page
Canberra Times
Rigby
Woardman
Keith
Ethel
Sim
Hark
MIT
ERAGE
Christa
Dupes
Ronald
Rte
Chuba
Rey Thine
G. Wyrask
Colden Labrador
Shay
Kent
Rewuidt
Keswell
O'Connor
Faye Premare
Annining
Syer
Judith
Ellen
Owe Pariatias
Fe Trentauel
Pital
White
Ryan
Mer
A.W. Ryan
Northbourne
Kenneth
Tang
Mieycles
Peedwell
Blox Nosherin’ Times
Aydu
Stevi
Davia
Ukelly
Himee
Amy
Ano
Aurel
Helen
Rutter
Ani
Alley
Leslie Atehuts
Wauast Sasay Cauerra
Telapen Park
Ks Fom
Mila
Art
My Jenkin Fend
Margaret
Ms Yim
Stewart
Jack Higher
Mombaly
Tate Thomsa
Ina
Uta
Kingston
Filmer
Andon
Itera
Bones Etatywons
Betioora
O'Sunstsy St
Curtin
Imulivey
Chasen
Nort Beis
O'Rourke
Cagheres
Csberra
Yo Ef
Joan H. O'Donnell and
Lomlate Si
Bruddin
Hughes
Jane Jearr
Meade Ie
Fyshwick
Siary
Wat
Scott's Realty Pry Lid Kennedy, Tree
Kingston Canbera'e
Fang Maan
Red Hill
Joe Jeane
Mary Thynne
Garems Place
Canton
Queanbeyan Leagues Club
Neil Williams
Cub
Harmonie German Club
Tak Wissen Aeration
Tom Green
Nance
Griffthe
Catholic Secondary College
Goulburn
ST Michael's Agricultural College
Inveralochy
Martinique
Andrew Walls
D.C Rowet
Ruth Atkins
Atkins
Profemar Police
George Currie
Citizan
Hayton Allen
Eminar
ACT Liberal Party
Czechoslovakia
Freedom
United Council of
Fuxage
Elwick Place
Lyon
Aki Rowden
Acre
Aldons
M. Kellow
Sit ‘Theo Kelly
Westworths
Consol
Renison
Mt Lyell
Mowpectocen Ao
Ania
Pinsnee
Inna
Cessna
Nationwide Air Services
Lake Credits Co Pty Ltd
Northbourne Avanin
Vamgas
MINER
Evans
Prc
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