TNT merger boosts earnings amid four company acquisition
TNT reports higher earnings after acquiring four Cargo Distributors firms, forecasting continued profit growth for the year. Revenue rose to 18.98 million from 17.8 million, with depreciation up and tax effects from a UK transition. A final dividend of 6 percent is expected, with a 12 percent target after the merger benefits. Annual meeting set for Sydney on October 21.
MENTIONED IN THIS ARTICLE
Cargo Distri
FWW Industries Ltd
F. W. Williams
TNT
Rud
Rewisterariner
Dirasine
Gentana
Cargo Distributors
Bell Bryant Ltd Acquires Kestners Interests for 150000
Hume Htd reports Bell Bryant Ltd registered in Canberra has acquired the interests of Kestner Evaporator and Engineering Co Ltd of England in Kestners (Australian Pty Ltd for 150000 dollars, directorial statement. The move broadens Bell Bryant’s Australian portfolio and strengthens its engineering assets in the region.
MENTIONED IN THIS ARTICLE
Bell Bryant Ltd
Kestner Evaporator and Engineering Co Ltd
England
Kestners
Australian Pty Ltd
Directora
ARC Industries reports record profit and dividend rise
ARC Industries in Melbourne announced a record profit of 2,212, OFT for the year ending June 30, up from 1,879,092 the prior year and 1,334,914 in 1964. Directors lifted the dividend for the second straight year from 8-1/3 to Ry per cent after tax of 1,433,510 and depreciation of 471,638. Hume Holdings of the United Kingdom plans to consolidate its Australian subsidiaries under a single investment holding company, with Hothlyn Investment Corporation Pty Ltd to be registered in Melbourne with 2,500,000 initial capital.
MENTIONED IN THIS ARTICLE
ACI
Sydney
F. W. Williams
Berlei
F. W. Tedh
Woul
Kewdale
Perth
Newcastle
Chullora
Rudders and
Mercury
MTC
TNT
Neats
ARC Industries
Melbourne
Hume Holdings
International Investment Trust Group
Australia
Hothlyn I Nvestment) Corporation Pty Ltd
Bel
Margarine threat cited as dairying under siege
Col Gottshalik, spokesman for the Australian Primary Producers Union, warned that millions are being spent by the margarine industry to crush dairying. He said the industry seeks only self interest and urged reefers to unite against the attack on B-1 margarine production amid a gas leak at Gippsland well.
MENTIONED IN THIS ARTICLE
Sydney
Col. Co. FM. Gottschalk
APPL
APPA
Indust
Col. Godtschalk
Williams Holdings sees sharp rise in June half year trading
The F. W. Williams Group, a Sydney plastics maker, reported substantially better trading in the June half year than June 1965. Directors cited drought relief from recent rains as aiding operations, despite earlier harsh conditions affecting about half of the group's businesses.
MENTIONED IN THIS ARTICLE
Sydney
F. W. Williams Holdings Ltd
O'seas funds rise by 26 million in weekly update
The Reserve Bank reported a week to August 24 with gold and foreign exchange up 26.4 million to 1,286.1 million. Australian Government securities fell 27.6 million to 663.4 million while other liabilities and deposits showed mixed changes.
MENTIONED IN THIS ARTICLE
Reserve Bank
Wess
Losas
District radio and TV listings from Goulburn area
Local broadcasting guide shows Goulburn district schedule including Macquarie News Service, 2GN, Canberra Times News, and ABC programs. Highlights include Birthday Time, Music of the World, Immortal Melodies, Weather and Road, News Roundups, and Children’s Corner with various regional segments and community notices.
MENTIONED IN THIS ARTICLE
Culburn
Macquarie News Service
Goulburn
Berra
Macquarie
Morauarie
Cans
Canberra Times News
Riviners
Gan Children's Corner
Gabrielle
Ian
Paul
Shome
Sefton Ridge
Cbs
Couner
ABC
Johnny Raven
ANZ Bank expands in Canberra
The Australian and New Zealand Bank Ltd invites tenders for extensions to its main branch in Ainslie Avenue Civic. New South Wales Administrative Officer Mr Allan said the extensions are comprehensive and not publicly advertised, with certain firms invited to bid. The work will add corporate space to the existing building and provide extra rental area.
MENTIONED IN THIS ARTICLE
The
Australian and New Zealand Bank Ltd
Ainslie Avenue
Civic
New South Wales
Mr & Allan
Bayview Receives 12 Million Takeover Bid From Boral
Boral Ltd offers 210 cash per Bayview share valuing the company at 12.24 million, well above market. Roral’s offer requires 90 percent acceptance. two independent Melbourne quarries will stay listed. Bayview’s earnings and dividends arc noted through 1965 and 1964.
MENTIONED IN THIS ARTICLE
Boral Ltd
Bayview Ltd
Victoria
Boral
Ste Bayview
Rawview
Roral
Albion Quarries Ltd
Reids Quarries Ltd
Roval
Bbayview
Bayview
W Baral
Melbourne
Consolidated and
Rowlands
Sydney option sales and oil stocks overview
Readable fragments show Sydney option sales and several energy stocks with mixed figures. Mentions Ampol and Oil Search with implied strike prices and implied dates, plus Woodside and Paringa references. Overall details are partial and uncertain.
Marketing quota leaf disposal deadline set for September
Mr Senger said the board fixed September 16 as the final date to complete arrangements for full disposal of all 1966 marketing quota leaf. After the last auction and leaf sales in Brisbane last week, the board reviewed the sale results.
MENTIONED IN THIS ARTICLE
Australian Tobacco Board
A. L. Senger
Canberra
Senger
Brisbane
Wp PD
J. Hibberd
R. G. Nsw
Osborne
Lion Ib
Consoli
Ated Zinc Organisation
Nsw
Fiji Iron waits for Cleveland
Tokyo reports the Japanese steel industry awaits new proposals from Australian and American firms to develop Mount Newman and Robe River mines in Western Australia for iron ore and pellets after Cleveland Cliffs withdrew from a planned joint venture. Shipments and market clearances for the season are detailed, with allocations adjusted across Queensland and Victoria. Cleveland Cliffs is to send executives here next week to discuss plans.
MENTIONED IN THIS ARTICLE
Tokyo
AAP Reuter
Mount Newman
Rohe River
Western Australia
Japan
Fuji Ironland Steel Co
Cleveland Cliffs Iron Ore Co
United States
Jaint
Mount N
Senger
Cleveland Cliffs
Queensland Surplus
Marecha
Robe River
Japanese Steel Mills
Cleveland Cliff
Cleveland
Fuji
Sydney stocks slip as Gippsland woes weigh market
Sydney traders faced a shaky session as Gippsland well trouble and bets on rising steel demand sapped confidence. BHP hovered around 4-18 after a low of 6-16 and a high 6-20 with turnover dipping from Friday. Woodside shares rose as adjacent Gippsland leases buoyed the group, while CSR and TV Corporation eased and Herald jumped. Penfolds Wines eased, reflecting cautious sentiment across the industrials and mining sectors.
MENTIONED IN THIS ARTICLE
Sydney
BHP
Sydney Stock Exchange
Gippsland
Woodside Group
Woodside
Ross
CSR
TV Corporation
Herald
Penfolds
Poe
Also Mentioned on This Page
Imei Bea Hs
As Eecentrio
Cargo
Dtauecbeet Salt
Tusedeudoen
Tangoers Rom BO
Seatons Road
Transport Services
Rudders
United Kingdom
Bell Bryant
ARC Ind
Marlin B
Enua
Bank of Adelaide
Commercial Banking Company of Sydney Limited
Block Exchanges
Finances Corporation of Australia Limited
Hobart Place
City
Baukers
Ian Potter
Alinga Street
Adelaide
Cutten & Harvey
Mount
Insurance
Yacaa
Pastoral
O’seas
Pocket
C. Sinclair
Sinclair Radionics
Samantha Juste
Philips
Britain
ANZ Bank
Tobacco Board
Fiji
Ewman
Queensland
New Bank
New N Rivers
Ty Gasden
Ampal Faptor Alliance
Iy Hackshall
Ampal
Aly Harbour
Cig
Rte Herald
Sands J
Holl CV
Stedman
Borg
Talcott
Mining Brooks
Burne Con Laverns
Whippy
Main
Qy Carp
Chevron
Aly Macdougals
Adams
Clark Milk
Petroleum
Way
Cee Coal
Mauri Bros Santos
Westralian Aly Allied Milletts
Suga
McKwraith
New Ansett
Aplion
GM Kalg
Cope Allman Myer
Great Boulder Ass
Kath Invest Dawson AJ Newhold
King Island
Mit Morgan Acl
Dunlon
Wright Rts
Ravensthorpe
Bayley J
Grace Brown
Steamship
Taylor Aanta
Shaw Rivera
Bwood J. Gr
Thies TV Corp
United Uranium
Mil
Ha J
United Tel
LA Hestia
Hilton
York M
Jones
A. P. H. Aitken
Stone- Platt Industries Ltd
British National Export Council
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