Central Pacific Minerals and Southern Pacific NL share swap deal
Central Pacific Minerals NL and Southern Pacific Petroleum NL unveiled a share exchange proposal. Southern Pacific would issue 4,500,000 fully paid shares to Central Pacific for 1,290,000 Central Pacific shares, giving Southern Pacific about 32.8 percent of Central Pacific and Central Pacific 42.8 percent of Southern Pacific. The parties had weighed a merger but favored the exchange due to unequal share value ratios.
MENTIONED IN THIS ARTICLE
Central Pacific Minerals NL
Southern Pacific Petroleum NL
Southern Pacific
Central Pacific
Note yield reduced signals shift in Treasury notes
In a late-night decision the 13-week Treasury notes yield fell from around 7.0 percent to 6.5 percent while the 28 week notes stayed near 9.23 percent. The move aims to draw money market investors into longer dated securities after heavy demand for short terms. This is the first drop in weekly note yields since last January.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Notes
Index of leading indicators rises in November
US Commerce Department reports the index of leading economic indicators up 1 percent in November. The modest gain follows five months of weaker readings and signals potential shifts in future economic trends. Named components include mining and oil, manufacturing, and various financial measures.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Incomplete Share Indexes Extract From Early Ledger
Fragmentary OCR of share and stock indices shows scattered figures and names such as Ingec Dat Kath Mare Renner and Wace. The text appears as a dated ledger entry with irregular punctuation and missing context, limiting clear interpretation of entities or events.
MENTIONED IN THIS ARTICLE
Renner
Indonesia raises Market crude price per OPEC plan
Indonesian minister says Market crude will rise from 2.80 to 3.55 US dollars a barrel on January 1, an about 58.5 percent increase. He notes the move follows OPEC decisions and reflects Minas field pricing, with further July adjustments planned by Indonesia and nine other cartel members.
MENTIONED IN THIS ARTICLE
Jakaria
Indonesia
Susi
OPEC
Mr Sadh
Banks approve $5m housing loans in ACT for October
Banks approved five million dollars in new housing loans to individual borrowers in the ACT during October. Total housing loan approvals by banks in the ACT in the first four months of the current financial year reached nineteen million dollars, with savings banks and trading banks contributing most of the rest. The four month period saw 943 homeseekers aided to finance home purchases, and banks accounted for about half of all housing loan approvals by all institutions in the ACT.
MENTIONED IN THIS ARTICLE
Bureau Statistics
Stock Exchange Prices Delayed Due to Technical Fault
Sydney table of stock exchange prices could not be published today because of technical difficulties.
MENTIONED IN THIS ARTICLE
Sydney
Rank Xerox and Monopolies Commission face costly maze
The Monopolies Commission spends years on a report about Rank Xerox dominance in the British copier market. It notes high exports, UK rental pricing, and the risk to export earnings if prices fall. By 1978 competition rises from Mitsubishi Nashua, IBM, Kodak, and others, while the government weighs action vs UK export reliance and jobs at Rank Xerox’s Mitcheldean plant.
MENTIONED IN THIS ARTICLE
Rank Xerox
Xerox
Rank Organisation
Britain
Bank Xerox
Geoffrey Howe
Monopolies Commission
Commission
Bank
Itse
W S Gilbert
European
Mitsubishi Nashua
Lis
Fefox
Europe
Mitsubishi
IBM
OCE
Reneo Saxon
Nashua
Nerox
Kero
Monopoly Commission
Mitcheldean
Gloucestershire
Compan
Nnt
Bank Xeron
Kodak
Beef sale prospects brighten for Australian cattlemen
The president of the Cattlemen's Union, Graham McCamley, says prospects for Australian beef look brighter as the EEC and UK may buy more beef. He notes reduced European beef mountains, selling to Russia and Poland at good prices, and points to inquiries from Yugoslavia, Egypt, and Ghana indicating world demand shortfalls benefiting Australia and New Zealand. He urges organised union action to secure fair prices and warns against oversupply during devaluation and price shifts.
MENTIONED IN THIS ARTICLE
EEC
Unitedingdom
The
Cattlemen's Union
Graham McCamley
Russia
Poland
Ana
Egypt
Ghana
New Zealand
Essor
Australian Agricultural Council
Current-cost accounting sparks debate in Australia
The SIA Journal features Mc MF Desmarchelier and L. Hall arguing CCA will deter some Australian flow companies. They say CCA does not reflect true financial position, may hamper growth and resource allocation, and could impair domestic investment compared with overseas. They warn of social and economic issues from rigid CCA application. Apples and pears export data show 1976 declines. wool brokers record high taxables. BHP to pour 51 million into Port Kembla blast furnace refit to extend life and cut production costs.
MENTIONED IN THIS ARTICLE
Australia
Securities Institute of Australia
Mc MF. Desmarchelier
Hungerfords
L. Hall
Nsw
AMP Society
CCA
SIA
BHP
Port Kembla
GATT announces new concessions to aid tropical exporters
The General Agreement on Tariffs and Trade says Australia New Zealand the EEC Finland Norway Sweden and Switzerland will begin applying trade concessions from tomorrow to aid developing countries exporting tropical products. Austria Canada and Japan will follow in coming months with similar steps covering primary and certain processed goods. The Tokyo declaration that started liberalisation in 1970 singled out tropical products for special treatment.
MENTIONED IN THIS ARTICLE
Geneva
Reuter
Australia
New Zealand
EEC
Finland
Norway
Sweden
Switzerland
Austria
Canada
Japan
GATT
Also Mentioned on This Page
Fom
Apela
Coaty
Amom
Perrereyty
Be Nsw
Bova
Ravn Feets
Symon
Wrenee
Melbourne
Aventy
Cape
Grethen
ACT Housing
Hese Meade
Hal Deheshon
Kote Keres
TBM
Motobishi An Kodak
Eastman Kodak
Rank
Rank| Xerox
Presen
Stoke
Messrs Desmarchelier and
Hall
Sinclair
Pune Ie
Harvices
Vergame Draach Gat Dragan
Houlmans
Minist
Capital Finance Co Pty Ltd
Pen St
Conerra City
Anderot
Courage
Serndom Speshee
Ps Carers
Monaera Cad Oh Dovgien Tomb Champagne
Casks Bern
Ons
Omer
Tory Rening Om
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