Nickel retreat dampens on Sydney stock exchange amid selling
The Sydney market saw a broad nickel retreat with most issues slipping as selling pressure persisted. EMC led a fresh wave of selling on its annual report, while Westralian Nickel Tas miney and Sipos hit multi month lows. Poseidon declined after a takeover bid, Internation Mining Corp fell to a new listing low.
MENTIONED IN THIS ARTICLE
EMC
IMC
Melbourne Stock Exchange
Poseidon
Semin
Droppe Te
Internation! Mining Corp
Market Wrap Slips and Gains for Industrials and Resources
Stock market moves show uranium and mining interests drawing activity as Peko-Wallsend and Queensland Industrials edge higher. BHP gains while CSR eases amid profit outlook. Swan Brewery and Cabell rise, Kay Corpse reaches 80 cents, Pridaam Sc climbs to $1. Falls are modest after a brief downward spell.
MENTIONED IN THIS ARTICLE
Kathleen
BHP
Ohls
CSR
Swan Brewery
Cabell New Pe
Kay
Pridaam Sc
Sydney Stock Exchange Prices Enlarged List
The Canberra Times prints a greatly expanded list of industrial share prices on the Lyden Stock Exchange. Publication of a more detailed list of mining and oil shares to appear today will resume on Tuesday.
MENTIONED IN THIS ARTICLE
Canberra Times
Lydy Stock Exchange
Wool sales drift lower as overseas buyers hold steady
The National Council of Wool Selling Brokers reports 128,400 bales sold this week for 40.3 million dollars and an average of 29.7 cents per pound. Overseas demand shifted with Europe buying strongly while Japan and Britain offered moderate support. December broker quotations show a provisional 32.08 cents per pound, down from last year's 40.46, with good style fine merino and general merino prices easing 2 to 4 percent.
MENTIONED IN THIS ARTICLE
Vie Shere
Sale
Urer
Seiler
Bellin
Buve
Buver
Satier
Ate
Mme Reid
Antone
E Pacific
Palmdale
Buver Setier Roe
Vickers Et Viete
Vincent Yctant
Preity
Warren Wart
Rattay
Avian
Jannerd
Wester AG Webk Hk
Ata Ners Soc
Witen
Woleen Wilke
Lenaworth Lend Lesee
Aren Doe
Heaton Wreaward
al Jatal
Aye
Jenni
Martin
Iverten
I. O
Petty
Gadsden
Steamani Stealmare
Erritory
Leer
Ian
Melbourne
Cleveland
Nallener
Delta
Dominion
Sunaies i
Taran
Glomer Lee Peas
Pine Vale
Fide
Commodore
Vues Bi Tooth
Walton
Babes
Basin OH
Boydou
Eider
Meekatharra
Mehee
Rod Mining
Lee Tence
Ofbu
Bridee
Clarence
Endeavour
Rmade
Seoit Eeeatnasrn Eaumet Opt
Stestan
Heid Bag Ff Ree
Mase Mince
Lesawer
Louie Tatenuem
Ios Lennard
Jp Magellan Niin
Humes
Moe Alona
Pet Bae
Pio
Sigerals
Capella Ae
Lyell
National Council of Wool
Zc Jto
CSR plans Northern alumina plant and Fiji sugar outlook
The Colonial Sugar Refining Co Ltd reports rising profits and major projects. Sir James Vernon notes expanded alumina production plans from Darling Range bauxite with staged capacity to 1 million tons by mid 1973, while sugar quotas and trade talks affect Australia and Fiji industries. Shipments and ore projects continue with Pilbara Iron and Newman ventures advancing amid market shifts and government negotiations.
MENTIONED IN THIS ARTICLE
Colonial Sugar Refining Co Ltd
James Vernon
Gove
CSR
Pilbara Iron Ltd
MI Newman
Mr Newman
Wattyl makes takeover offer for Davison Paints Ltd
Wattyl Ltd bids to acquire Davison Paints Ltd offering one Wattyl share per five Davison shares plus 2 cents cash per Davison share. Preference shareholders would receive 2 dollars cash.
MENTIONED IN THIS ARTICLE
Wattyl Ltd
Davison Paints Ltd
A&R accepts offers for Castlereagh and George Street properties
Angus and Robertson Ltd has accepted offers to sell its Castlereagh Street and George Street properties for 2.9 million dollars. Arrangements will keep Angus and Robertson (Bookshops) Pty Ltd in occupation under a lease for at least two years.
MENTIONED IN THIS ARTICLE
Angus and Robertson Ltd
Castlereagh Street
George Street
Angus and Robertson (Bookshops) Pty Ltd
Directors discuss stake in Convalescent Services Ltd
Directors of Convalescent Services Ltd are in talks that could lead to an offer for a percentage of the company's capital.
MENTIONED IN THIS ARTICLE
Convalescent Services Ltd
Kinnear Ropes Subsidiaries Take Control of Carpet Manufacturers
The directors of Kinnear Ropes (Aust) Ltd announce that the company and its wholly owned subsidiaries now hold more than 50 percent of Carpet Manufacturers Ltd issued shares. Consequently Carpet Manufacturers Ltd becomes a subsidiary of Kinnear Ropes (Aust) Ltd.
MENTIONED IN THIS ARTICLE
Kinneara Ropes (Aust) Ltd
Carpet Manufacturers Ltd
Kinnear Ropes (Aust) Ltd
Fertiliser share deal links ICIANZ with Consolidated Fertilizers
Directors of ICIANZ plan to offer their 52.9 per cent stake in ACT and Shirleys Fertilizer Ltd to Consolidated Fertilizers Ltd in exchange for shares. Consolidated Fertilizers will also later acquire 55 per cent of Ammonia Company of Queensland. The company is the vehicle for a proposed merger of Dow Chemicals, Swift and Co, and ICI fertilizer interests.
MENTIONED IN THIS ARTICLE
Fiji
South Pacific
Sugar Mills Ltd
Icianz
ACT and
Shirleys Fertilizer Ltd
Consolidated Fertilizers Ltd
Consolidated Fertilizers
Ammonia Company
Queensland
Dow Chemicals
Swift and Co
ICI Fertilizer
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Great Boulder
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A&r Sale of Properties
Kinnears