No Move On Petrol Price Rise From South Australian Regulators
Oil companies say they will not refile for a petrol price increase with the South Australian Prices Commissioner. Publicist Mark Barrow of Sheila C4 Company stated no determination is expected soon and no new application will be submitted. The prior request, lodged in November, sought a rise of per gallon. The Premier noted the industry was told its information was insufficient, with reexamination denied for several weeks. Petrol prices in Victoria last rose per gallon with costs cited at 42.2c and 38.9c for standard. The Rural Bank chart highlights Australia’s capital inflows and trade balance, showing imports often exceed exports and persistent deficits in invisibles and capital transfers.
MENTIONED IN THIS ARTICLE
Baker
Victoria
Barrow
Australia
Savings Bank Deposits Rise in Australia in November
Australia’s savings bank deposits increased by 29.3 million in November, reaching 6,030.5 million. NSW held 2,060.9 million, Queensland 2,024.39 million, and Victoria 734.1 million, with total sav ings bank assets across the country at 6,402.9 million, up 51.9 million from October.
MENTIONED IN THIS ARTICLE
Australia
Commonwealth Statistician
Nsw
Queensland
Victoria
Savings Bank
National Dairy Prods announces executive changes
National Dairy Products Corporation of the US declared leadership moves with Gordon Edwards shifting from president to chairman and CEO. William Beers, formerly Kraft Foods division president, becomes corporation president. Q Everett Swain, ex president and general manager of Kraft Foods Ltd Canada, named vice president and director and Kraft Foods division president. Kraft Foods Ltd operates as the Australian unit of the corporation.
MENTIONED IN THIS ARTICLE
National Dairy Products Corporation of
Gordon Edwards
William ©. Beers
Kraft Foods
Q. Everett Swain
Raft Foods Ltd
Canada
Kraft Foods Ltd
National Dairy Products Corporation
Gold price slump after US moves shocks market
London dealers saw gold fall to its lowest level in over a year after President Bond announced crisis measures to defend the dollar. Prices dropped eight pence on sterling and four cents on the dollar over three days, with demand virtually nil as speculators face unrealized losses. Meanwhile shares and sterling gained on government plans to divert funds into exports, boosting industrial stocks as investors priced in tougher economies ahead. Markets showed tentative buying by insurers and funds as the London market closed higher.
MENTIONED IN THIS ARTICLE
John Bond
United States
London
Vietnam
Problems for Taubmans
Taubmans Industries Ltd chairman F E G F Horne warns the year will bring added challenges. Devaluation of sterling and other currencies, rising wages, drought, and weak prices lower buying power and squeeze margins. Company aims to offset margins by expanding specialty lines not subject to price competition.
MENTIONED IN THIS ARTICLE
Taubmans Industries Ltd
FE. G. F. Horne
Horne
Horne Snys
Australia
Oil subsidy passes seventy million with 13 grants
The Minister for National Development approved 13 oil subsidies totaling 1,568,991 in October. Major grant went to Shell Development for an offshore Victoria well. Esso received several subsidies for marine seismic and reconnaissance. Other grants covered Geophysical Operations and multiple regional oil projects across Australia. Additional subsidies were also approved for Amerada, Australian Aquitaine, and others in Western Australia, Northern Territory, and South Australia.
MENTIONED IN THIS ARTICLE
Esso
Sidy
Otway Basin
Victoria
Gippsland
French Petroleum Company
West Australian Petroleum Company
Western Australia
South Australia
Canadian Superior OF
Amerada Petroleum Corration of Australia Ltd
Powerhill
Qtd
Australian Aquitaine Petroleum Pty Ltd
Dakota
Oakes Creek
Northern Territory
Continental Oil Company of Australia Ltd
Eastern Officer Basin
Western Australian Petroleum Pty Ltd
Ron
Australia
Bios
CBC records record profit for 1967 68 year
Commercial Banking Company of Sydney reports a record profit for the 1967 68 year with a 5 per cent interim dividend declared and payment due January 31. First half earnings rose versus 1966 and full year profits are expected to improve on last year despite an 1 for 8 share issue exclusion.
MENTIONED IN THIS ARTICLE
Commercial Banking Company of Sydney Ltd
Directory
CBC
Shelley’s Profit Decline Amid Dividend and Tax Shifts
Shelleys profit fell from 326 631 to 265 614 for the year ending in 31 ing rate dropped to 38 8 percent the lowest since 1964 British Tobacco moved into Shelleys in 1964 with a 3500 share offer for Shelly family shares final imed 75 percent held by outside shareholders paid at 15 percent dividend final 7 percent due Evaro 2 Books Eve January after tax cut from 218 551 to 160 472 but depreciation rose from 104 012 to 123 777 No trading conditions comment in the statement.
MENTIONED IN THIS ARTICLE
British Tobacco
Shelleys
Shelshey
Delhi-Santos Moomba No 7 field well drilling update
Santos Ltd and Delhi Australian Petroleum Ltd report progress on the Moomba No 7 field evaluation well, with the Delhi-Santos Mudlalee No 1 wildcat drilling at 4,766 feet and Moomba No 7 at 7,341 feet, located 19 miles southeast of the Moomba gas field.
MENTIONED IN THIS ARTICLE
Moomba
Santos Ltd
Delhi Australian Petroleum Ltd
Tree trunk pillar to support Düsseldorf theatre foyer
A single pillar designed to resemble a tree trunk with sweeping branches will bear the foyer ceiling of a new Düsseldorf theatre. Architect Bernard Pfau calculated the structure can safely support 1,006 people standing under the tree pillar.
MENTIONED IN THIS ARTICLE
New
Dusseldorf
Germany
Bernard Pfau
Beacon Inc Profit Review Shows Stable Dividends
Beacon Invest ment Ltd reports year to December 31 with profit eased from 74 28K to 73 926 subject to audit. Dividend remains at 84 percent with a final 44 percent, payable March 15. Books close on March.
MENTIONED IN THIS ARTICLE
Beacon Investment Ltd
Personal loan ad from Lake Credits Go Pty Ltd
A dated advertisement offers personal loans starting at $10 from Lake Credits Go Pty Ltd located at 43 Northbourne Avenue four doors from the post office. The notice highlights loan options and the business address.
MENTIONED IN THIS ARTICLE
Lake Credits Go Pty Ltd
Northbourne Avenue
P.O
Canberra
Also Mentioned on This Page
T South Australian
Iees
Mark Barrow
Mr Baker
Mr D. Divisian
NAT Dairy Moves
Taubmans
Fairbairn
Shell Development (Aust Pty Ltd
Cape Bridge Water
Pany
Rancannia South
Reuter
Estreton
North America
York
She Drinks Ltd
Delhi-Santos
Northbourne Ave
ORD Minnett
T. J. Thompson & Partners
Sydney
A.C.T
Cables & Telegrams
Orderley & ‘Eldon
Melbourne
Brisbane
A. D. Meares & Bishop
The
Sydney Stock Exchange
M.L.C
Petrie Street
Tee U
Permanent Building Society
Tena
Canberra City
Pmecat
Waite
Bruch
Beacon Inc
Courtney Smith
Lvov
Ukraine
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