Union Oil reports 1000 barrel daily flow at Alvin No. 8 Well
Sydney Tuesday Union Oil announced the Alvin No. 8 Well in the Moonie Field flowed oil at 1000 barrels per day. The test produced a 42 gravity sample through a 4/ inch choke and yielded about 150,000 cubic feet per day of gas. This marks the sixth successful oil and gas interval drilled by the Union group in Southern Queenland's Alton field.
MENTIONED IN THIS ARTICLE
Sydney
Union Oil
A.C.G. Alvin No. 8
Moonie
Hy Gee
Alton
Queen
NSW and Victoria retail turnover rises modestly says Palmer
F J Palmer reports the annual turnover for NSW and Victoria rose by 7.6 percent and 3.9 percent respectively while stores faced tighter costs. He cites leasehold pressures at Berkeley and Fairy Meadow properties and notes some openings and relocations as part of ongoing restructuring to manage expenses.
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Nsw
Victoria
Fulnyer
Huns
Watlangong
Imypeane
Newcastle Ant
He Eharean
Lalded Ami
Jomapony
Wshivm
Broertien
Storey
Palmer
Rosebery
Alan Etlart
Kary Ia
Newnan
Lean
Seeds profit rises by 60 p c
Sydney report states Anderson Seeds Ltd posts net profit for year ended 30 SRS and £1764, with directors proposing a ordinary dividend of eight or so percent to be paid Feb 17 to shareholders on register Feb 8. Provision for long service leave increased by £81.141 and £700 shifted to general reserve.
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Sydney
Andderson Seeds Ltd
Lan Weta
General Re Jserve
Placer Development Reports Six Month Profit Rise
Twoman Dey Cleaners Td directors hope to store in make small pratt. Placer Development Ltd earned an estimated net profit of £981,000 in the six months to October 31, equal to 90 cents a share. Last year the company earned £880,000 or 78 cents a share.
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Sydney
Twoman Dey Cleaners Td
Placer Development Ltd
Wodelift
Fai
Sidiaries
Company News Interims Dividend And Profit Outlook
The chairman Mr F R Beardsmore says profits will rise gradually after a loss since July 1. An interim dividend is announced payable February 1 with share register closing January 20. The board notes a forthcoming improvement and lists continued weak earnings before a stronger period ahead.
MENTIONED IN THIS ARTICLE
F. R
Beardsmore
Maya Eal
Meares
Philip Morris
Economic Motor Show Highlights Latest Models and Debate
The Economic Motor Show features new models with emphasis on speed, reliability, and innovation. Exhibits reveal concerns over overheating, foreign components, and evolving design while judges weigh future trends and consumer appeal.
CR.A starts a copper search in Papua New Guinea
Comrie Riatinin Ltd intensifies copper exploration in Lolorun Estates on Bougainville Island, PNG. Wording notes an interim dividend and a 2.0 square mile prospect area. Directors report no encouraging signs yet, with prospecting continuing on the island amid a precarious postwar coal and copper scene.
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A.ac-Reuter
Comrie Riatinin Ltd
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Lolorun
Necrypurse al Rangans
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Speckil
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Bet
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Boungainville
Cope
Australia
Stuart
Wil
Kieta
Eugainille
Kosciusko Chalet Ltd Faces Losses and Shareholder Debentures
Kosciusko Chalet Ltd reports complete loss of shareholders funds for the current year. Chairman G Buckworth says ordinary shareholders’ capital is wiped out, with debts and preferred shares affected. Negotiations with two financiers aim to restructure via debentures and possible conversion to ordinary shares.
MENTIONED IN THIS ARTICLE
Sydney
Capital
Kosciusko Chalet Ltd
G. Buckworth
Fragmented OCR Note From Unknown Source
A readable fragment lists scattered phrases and names without clear context or complete sentences. The legible items mention multiple proper nouns and partial terms, suggesting a damaged historical page with incomplete data and no coherent story or event to summarize.
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