Australian exports target East Africa market growth
The Commonwealth urges Australian exporters to push sales to East Africa, aiming to capture part of a £200 million market. Despite a tiny current share, officials say long term prospects are key, with joint ventures and consumer goods leading growth in Kenya Uganda and Tanzania as demand rises.
MENTIONED IN THIS ARTICLE
Eas Africa
Deiment of
Crnssid
Clals
East Africa
Kenya
Uganda
Tanzania
Union of Tanganyika and
Zanzibar
Keddie
Nairobi
Australia
Companies face costs and foreign firms in 1965 register
The Registrar reports investigations into Latec Investments and International Vending Machines Ply te with costs totaling £69000 plus a £48.68 liability. The office aims to publish a report on foreign company investigations in 1965, noting 413 foreign firms registered and 1,379 total companies listed, with 65 unmoved at year end.
MENTIONED IN THIS ARTICLE
Latec Investments Lidjder
Collier Moat Group
Costa
International
Darel
Joyal
Avernes
Ryan
Boral Debentures Issue Drafted for £4 Million
Sydney Thursday. Boral released today the draft prospectus of its later £4 million debenture issue. The issue carries interest rates of 7 4 percent for seven years and 71 percent for 12 years. The debentures are secured by a floating charge over all assets and undertakings of the company except Gas Supply Co chemical Holdings and Heddburn Pty Ltd. Asset backing of the £4 million debenture issue and other secured borrowings is £38.2 million, giving a cover of £7 for each £100 of secured borrowings. Total interest will almost double, with full acceptance causing about £310,000 more interest for the current year. Loan and debenture interest paid last year by Boral were £460,990.
MENTIONED IN THIS ARTICLE
Isue
Gas Supply Co
Ochemical Holdings
Heddburn Pty Ltd
Boral
Marconi Introduces Fully Transistorised Colour TV Camera
An entirely new Mark VII colour television camera has been unveiled by the Marconi Company. It delivers colour pictures with the simplicity of black and white units and requires no large light increase. Sixty six Mark VII units have already been ordered or reserved by commercial stations in the United States Canada and the United Kingdom.
MENTIONED IN THIS ARTICLE
Marconi Company
MR SMITHS SECRET WEAPON IN RHODESIA SANCTIONS
The piece argues Rhodesia’s tiny share of world trade makes sanctions hard to choke off. Britain extends negative sanctions saving about 11 million pounds annually, offsetting export revenue losses as Rhodesia adapts its export pattern and hides flows to evade bans.
MENTIONED IN THIS ARTICLE
Britain
United Nations
Lord Caradon
Rhodesia
South Africa
Mr Smith
Argo Investments to allot shares to UK stockbrokers
Adelaide Thursday directors of Argo Investments Ltd approved in principle the allotment of a substantial parcel of new Argo shares to UK stockbrokers. They noted the 4 shillings drop from last year’s asset backing and said the move serves the company’s interests. Final number of shares and issue price to be announced after finality.
MENTIONED IN THIS ARTICLE
Adelaide
Argo Investments Ltd
Argo
The
Stock Exchange
Bid for Australian Distillery Bid for Australian Distillery
Shareholders of Australian Distillery Co Ltd received a takeover offer from an undisclosed group through a solicitor firm. The bid values the company at £126,127 capital and £97,490 free, at 16s 9d per share, with no minimum acceptance. open until February amid prior indications some holders were approached at 17 each last February.
MENTIONED IN THIS ARTICLE
Melbourne
Australian Distillery Co. Ltd
Japan approves largest ever national budget plan
Japan prepares its biggest budget with a total around 4.414 trillion yen. Cabinet forecasts tax cuts to ease a potential wage price spiral while lawmakers await final approval later this month. Officials warn expansion may be needed to spur growth amid an extended recession.
MENTIONED IN THIS ARTICLE
Finance Ministry
Japan
Westminster Carpets Ply Ltd Posts Higher Annual Profit
Westminster Carpets Ply Ltd, main subsidiary of Minster Ltd, reports a rise in group net profit to 895,268 for the year ended June 3. Tax provision climbs to 647, and rationary adjustments rise to 285,530. Capital reserves increase to 1,293,633 from transfers, while stocks jump to 1,580,677 from 964,695.
MENTIONED IN THIS ARTICLE
Westminster Carpets Ply Ltd
Minster Ltd
Share rush slackens as mining drops and industrials rise
Copper miners led gains earlier but mining stocks eased while industrials attracted interest. All Ordinaries up 1.01 to 325.95. turnover 456,500 in investment stocks, mining 107,500. Rises outpaced falls 112 to 64. Notable moves include CRA up 6d to 40/6, New Broken Hill up 1/6 to 50/9, Mount Isa up 2d to 42/11, CSR up 6d to 64/-, Carlton and United down 6d, BHP steady, and Bond turnover £294,090.
MENTIONED IN THIS ARTICLE
Mining Board
Broken Hill South
Mount Morgan
Mount Isa
CRA
New
Broken Hill
BHP
CSR
Carlton
United
Banks
Boral
O'Neill
Perpetual Trust
Peterayille
Petrochem
Gen Ind
Indayley
Griffiths
Hellambi
Asioe Min Benefic
Avkshall
Besser
Ia Metal
Repco
Bramble
New Healing AG
Rothmans Mount Fan
Brish
Hooker LJ
Rubberlands
New Broken Hill
Brit Tobacco
Hi Humes
Oh Sebels North Broken Hill
Lima AG
Pacific
SM Cahills
Aldwin
Larke
Steamship Renison de Carer
Tableland
Chapmans
Arya Wester Mining
Deering
Millaquin
Williams
Avon
Assoc
Esalaile
Hertets O'Brien Fog Young
Main rises Moran and Cate in a mixed event card
In a compact meet recap, Moran and Cate lead a varied lineup with Nat Bag and Nat Cons showing strong lifts. Optical and Palmer mount notable performances as Dew, Reed Paper, Simpson, and Oh Smith contribute solid results. Wormald and Teich appear in a dense, data driven scoreboard with several times and placements noted.
MENTIONED IN THIS ARTICLE
Moran and
Cate
Nat Bag
Optical
Palmer FJ Aloft
Wea
Simpson
Oh Smith and I San Seucl
Teich
Port Hedland Conference in Sydney talks on harbour plans
WA Minister for Industrial Development C Court travels from Perth to discuss port and rail proposals by Newman Iron Ore Company at Port Hedland. The plan envisions harbour expansion and inner harbour wharf facilities potentially concentrating more rail terminals and stock, with locals fearing the harbour change.
MENTIONED IN THIS ARTICLE
C. Court
Perth
Sydney
Newman Iron Ore Company
Port Hedland
Hedland
Takeover Push Proceeds in Sydney and London Oil Firms
Transport Development Sree Ltd succeeds in takeover bid for London and Coastal Oil Wharves. Directors announce sale drive as plastics trade mission to Australia and New Zealand aims to sell plastics machinery and know-how.
MENTIONED IN THIS ARTICLE
Sydney
Sree Ltd
London
AAP
Reuter
Australia
New Zealand
Stock option transactions summary
Stock option activity includes three months calls for Mt Morgan and Scheelite with various strike prices and maturities. Notable items show Mt Morgan 1000-19, Mi Morgan 19 ava, and Scheelite 2000-/h with 1/4 IK dates. Also mentions Nal Consol 10m 2/6 and Hellimbe in six months puts.
MENTIONED IN THIS ARTICLE
Mi Morgan
Mt Morgan
Ava
Copper drought hits New Zealand supply
Australia hoped to sustain copper to New Zealand as London Metal Exchange prices surged causing a potential global copper shortage. NZ’s copper and brass stocks were reported as low and officials warned price and supply effects on NZ manufacturing and heating industries.
MENTIONED IN THIS ARTICLE
Coultas
Australia
London Metals Exchange
Lonconor
R. C. Henderson
Rices
New Zealand
Christchurch
London Metal Exchange
McEwen
National
Fairbairn
Arm of
Sheet Metal
Also Mentioned on This Page
John Westwib
United States
India
France
D. M. Keddie
Africa
Bora
RUS Ans Argo
Acimsen
Argos
Ah Ready
LIK Share Ashe
Sir Hanks Inurance Truster
Ther Finence
Syairgeraa
Cbs Tranapart Ahana
Wendy Tett
Aitartiader Moke
Tiaz i Hore Ag
Light Power
Papuaries
Uta
Patrick & Company
Sydney Stock Exchange
Northbourne Avenue
Canberra
City
Ca. Pty. Ta
Merthbourne Aver
Canberra Credits Py Ltd
Robe River
Cobblers
Cleveland Cliffs Iron Co
America
J. Bottger
MelLiwran
Main
NALIC
Derrin
Ravensthorpe Drylec
Dunlop
United Uranium Elders
Parmont
Lutins
Tramscri
General Fenwick
Gibson K
New Mines
Aberley
Jenn
Kath Investris Fl Jones
Lanray
King Island
Lowes
Mount Lyel Do
Ul Cottees
Maribor
Mr C. Court
Transactions
South Island
M. G. B. Coultas
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