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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Dec 19, 1970

Page

10

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

Also Mentioned on This Page

Sydney Stock Exchange Tasminey Sipos Soloma Great Boulder Boulder Western Australia Gres Noulder North Kalguru Scotia Selcag Tasmines Selcast Tasminex Wentralian Nickel Jensen ALL Ord Len Wall Street London Financial Times Sydney Mining and Oil Adel Crt Club Aus Kemer Bounty Cem Briscoes Board Allied Ausinin Han Amore II CM Cink Sue Clarke RAMC Mambo Coffy BM South Wirratian Ae Nick Conn Brown Caloriona Capec Zep Uilfields Shea Eustralian Clifford Edmonts Evans Comstock Westmoreland Fed FMC Galli Genevieve Cudgen Grace Pac Dever Roen Hardie Statler Apolia iSe Timberlana Marlae Penn Utam Meekstharra Sis Sc Greenvale Fe Ievem O Europe Japan Britain Business & Economics W.A. AND _N.T James Darling Range Australia BCSA World Sugar Rade Carr Boyd Rocks iCarr Boyd Mineraly Ltd Julia Creek Oil Shale Corporation (Australia) Ltd Australian Aquitaine Petroleum Pay Ltd Nsw Sir James Vernon Wattyl Davison A&r Sale of Properties Kinnears
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