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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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