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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

Dec 02, 1967

Page

7

Bougainville copper pact signed by CRA

The Bougainville Copper partnership between CRA and Bougainville Copper advances with a joint exploration agreement. Officials say the administration may re‑test and invite evaluation as deposits of copper ore are identified on Bougainville Island. The deal, effective yesterday, notes potential 200 million tons of ore at about 0.63% copper with gold byproducts.

Bougain- Bougainville Copper Ville Gopper Conzine Rio J Bougainville Island Broken Hill Theliain Tion Papua Crimea Spore Tine Bree Simalex Ltd. Chemical P. Simpson Nual

Felts Examines New Prospects at Melbourne Meeting

Felt and Textiles of Australia Ltd explored several proposals for profitable investments in plastics and other fields. chairman Sir Robert Webster announced the discussions to shareholders at the annual meeting in Melbourne yesterday.

Felt and Textiles of Australia Ltd Robert Webster Melbourne

Hooker profits rise as company forecasts growth

Mr Hooker said overall profits should increase significantly in 1968 after 1967 68 gains. He noted government attempts to protect export income from beef and wheat losses while planning a dividend at the annual meeting. Despite drought and rising costs, pastoral activity and property sales were seen as improving, with a strong liquidity position and exploration ahead.

Hooker Hooker Nual Saul Tober Nsw Lastics Crus

Osti Holdings Sees Higher Pretax Profits In Four Months

Osti Holdings Ltd lingerie maker reports pretax profits for the four months to October 31 were about 1 per cent higher than the prior year. Chairman F W Theeman announced orders in hand for delivery in January to June are considerably higher than last year. Directors anticipate further sales and profit gains for the current year.

Osti Holdings , Ltd F. W Theeman Annus

Cox Finance Faces Loss Amid Debenture and Receipt Issues

Cox Finance Corporation Ltd reports a net loss for the year ending July, reversing a prior profit. Higher collection fees paid to Cox Bros and other groups drove costs, with $233,464 deemed unlikely to be recovered from connected companies. The result includes $151,457 unpaid interest on debenture stock and unsecured deposits.

Cox Finance Corporation| Ltd Cox Bros Austad, Foy and Gibson Ltd Bilsons Pty

Factors Ltd reports consolidated net profit of 568 273

Group accounts show Factors Ltd consolidated net profit of 568273 for the year to July 31, with prior year 449696. Figures converted to SNZ100 from NZD 124. The report notes no dividend on ordinary shares but a preference payment was made. Highlights include trading profit after specific charges and large non recurring items, with prior year comparatives and group equity details.

Factors Ltd Holeproof Industries Ltd New Zealand SAI24 Hote-l Lesa Korman Brothers Stanley Hiles Holeproofs Industries Stanley Korman Pa Hed Reina Ee Oeard Newshown Zealand Ite

Takeover Bid For Federal Woollen Mills Spurs Market Interest

Australia stock traders monitor a takeover offer for Federal Woollen Mills by Krynick Holdings Pty Ltd along with related bids and options. The proposal covers 80 percent of Federal's shares at 80c each with balance at a premium, listing intertwined entities and minor share movements across NSW Victoria Geelong and ACT markets while noting allied companies and carpet wool goods.

Federal Woollen Mills Ie Fiat Vs. Went Mog Ae Wen Tien Terest Wentralian Armt “Wireless Krynick Hold Ampol Trans Cappe Tter

Retail sales ease in Australia shows small drop

The value of retail sales of goods excluding motor vehicles fell by 4.8 million on a seasonally adjusted basis from September to October. October totals reached 600.9 million, slightly above September and 64 percent higher than October 1964. Savings bank data indicate deposits rose by 49 million in actual figures but 31 million seasonally adjusted, compared with 36.16 million the prior month.

Australia Statistics Bureau Savings Bank

North Australia well drills ahead at 7325 feet

Daralingie Dara lingie No 1 well in northern South Australia is drilling ahead at 7 325 ft. Directors report a drill stem test earlier this week flowed natural gas at seven million cubic feet per day through a 78 inch surface choke during the interval 762 7 170.

South Australia

Kauri Holdings reports 7% fall in group sales

Kauri Holdings Ltd, an Australia wide timber and hardware retailer, reports group sales down about 7 percent for the year to August. Directors cite insufficient demand in urban areas, disposal of assets, and working capital reductions as factors. They expect a return to profit in the year ending early 1969 after cost cuts and reorganisation.

Kauri Holdings Ltd South Australia Thatinary Ing Eetasichee Ane Perarik Mit It

Mystery raider seeks Australia Hotel shares

A Sydney broker Ord, Minnett T J Thon and Partners offers 80c a share for 450,000 Australia Hotel Co Ltd shares. Acceptors face normal stamp duty and brokerage. Acceptor gets 457,000 shares first come, first served. This sale amounts to 11 18 percent of issued capital, with current price around 50c. Major holder Sir Norman Rydge group Carlton Investments and Carlton Hotel own large stakes, with 15 percent held by Sir Norman Rydge himself. Bank of New South Wales Nominee Pty Ltd recently registered 50,000 shares.

Sydney Ord, Minnet T. J. Thon and Partners Australia Hotel Co Ltd Acc Ord Minnett Thei Sir Norman Rydge Carlton Investments Carlton Hotel Sir Norman Norman Bank of New South, Wales Nominee Pty Ltd

Also Mentioned on This Page

CRA Civic Co-operative Permanent Building Society Ltd Maitland House London Canberra City Act Canberra Petrie Street Levenineent A. D. Meares & Bishop Sydney Stock Exchange Felts Victoria River Downs Otereenace Develot Ares Osti Cox Finance Cort Pe Cockburn Maine Consol Fondsof Clark Cialmers Cuat/ Breck Codes and Co Crefone Cotter Beg Ey Gas Drv Dalgetrs Exell Emi Woctees Fairtan F Fieti FA Coffee Blast Webb Preiahters Eimaco Ensign Eval Godeien Holland Hoeker Ean Th Humes Hustehineen Telleerion Hallet Janes Henry Johns Hedranl Kauri Methosaug Mersersen Marion MeLacen Ings Merc Millaquin Cate Tis Morra Welome & Paeaal Pally Newbold Norther TV Mat Hank News Ltd Dover Park Hen Pelaca Isiol Nylon PA Portfolio Brett Coet Fin Imest Pridham Insane Pe Per Raymond GN Ready Crediene Syrian Eene Regent Heid HM New Prestige Soneji Roche Temp Remminh Remminh Motoya $3, Pyron 4 Rm Reg. 450, Ree Tha Theklans Rothmans Tent New Breoed oe fine AG _ SA Base Scher Southern Cross Ah Sera Eed Itil Sens Vandentrink TNT Paths India Tae Vulcan White Wm Shoes Willia Sona Fork Motors New Iethana Opt Alliance Wa Pring, Dean & CO Northbourne Ave Ord Minnett T. J. Thompson & Partners Moresby House A.C.T Cables & Telegrams ELDON Brisbane Lake Credits Co Pty Ltd Northbourne Avenue P.O Canberra Credits Pty Ltd Garema Pia Ela Civic Co-operative Permanent Building Society Limited Society Civic Ing Maho Permanent A Ioe Daralingie Aap-Reuter Cesta Aton London Metal Exchange el Salvador Geelong Portland Albany Mystery Raider Highland Gream Eestoh Whieig Hey Geet Ieee Woolley Street Dickson Overseas Telecommunications International Telecommunications The Sea Telecommunications Commission Gineers Ata Dow Moree Papua/New Guinea Commission Dlive University of Technical College Meadershier Institution of Engineer Rai Overseas Telecommunications Act Neccesaf Athena A. i. Telecommunications Evan Courtney Smith Secretarial Club and Typing Service Pty Ltd Alinga Street Civic Tel
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