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Articles on This Page

This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jan 11, 1969

Page

7

Courtaulds bids 214 million for English Calico

Courtaulds, the global man made fibre group, offers £100 million for English Calico of Manchester as part of a broader set of acquisitions including Hunter Barr Limited in Glasgow and Hilton Corp Ltd in Australia. The deal values English Calico at approximately $A214 million, with one Courtaulds share for every two Calico shares.

London AAP Reuter Courtaulds Athen Celanese English Calico Cathay Calico Printers Association Nglon Sydney Hilton Corp Ltd Australia Dunlop Australia Ltd Dunlop IL Hiltern Hilton

Music Houses shares sold to EMI in Australian deal

Music Houses transfers 750 000 shares to EMI Australia at 1 dollar each, giving EMI 20 percent and boosting liquidity. The arrangement links Music Houses with EMI in a strategic move to resist a takeover and expands distribution of instruments, records, and related products across major Australian cities. EMI gains control of Music Houses stores and wholesale outlets, while Music Houses strengthens capital and market reach.

Music Houses of Australia Ltd Musical Instruments EMI Australian Ltd EMI Music Houses Prich Wesets Ew Emi Jon Music Honuies J. M. Burnett N. W. Scott Sydney It Als Krocen Worrld Grammophone Records Televisi Sels Astratia Music Capital

CBC Lifts Interim Dividend Amid Merger Talks

The Commercial Banking Company of Sydney Limited lifts the interim dividend from 5 to 4 per cent as it negotiates merger discussions with the National Bank. Directors report six months to December 1 profits are comparable with the prior year, with full-year results expected not to fall short of last year. A potential merger between ANZ and ES and A is set to become effective from March 1.

Cy of Sydney Ltd The National Bank

BHP and INCO find nickel at Mt Monger WA

BHP and INCO Canada report nickel sulfide mineralisation at Mt Monger in Western Australia with promising but non quantified results. Exploration at Widgie Mooltha south of Kambalda shows encouraging signs, yet significance remains uncertain without further work.

BHP and International Nickel Co Canada Mt Monger Western Australia Widpemooltha Kambalda Axaays BHP International Nickel Coal Canada Invel Widglewoatthal Insel

CIG reports satisfactory results and capital expansion plans

CIG shows improved results with group turnover up 10.4 percent to 128. The dividend lift to 12 per cent and the annual report quotes Mr K Humphreys. Capital expenditure for the year reached 4.304 million with more to come to meet rising demand. Shareholders to vote on increasing nominal capital from 20 to 40 million at the February 3 meeting. Western Mining advances nickel projects in Kalgoorlie region and nearby sites.

Commonwealth Humphreys Savas

Tariff Board duties on hot water bags approved by minister

The Minister for Trade and Industry Mr McEwen announced duties of 45 percent general and 35 percent preferential for hot water bags after a Tariff Board report. He rejected removing duties if costs rise, noting Ansell Rubber Co as sole local producer undermined by British competition, devaluation, and weak demand. The board urged protection up to 30 percent against main sources, with the possibility of removal if overheads make production unviable, aiming to sustain local capacity and potential profitable restructuring.

McEwen Ansell Rubber Co Pty Ltd Britain Ansell

Argus profit rises to 634278 in year to September

The Argus and Australasian Pidt earned a profit of 634,278 in the year to September, up from 555,852. Investment income dipped to 155,327 while other interest rose to 213,556. A compulsory sale loss of 41,069 due to Commonwealth television legislation. Depreciation fell to 145,135. No dividend to Herald and Weekly Times Ltd. Direct Publications Fry Ltd acquired. Profit for 15 months to Sept 30 stood at 4,787 versus 4,632 previously.

Argus and Australasian Pidt the Herald and Weekly Times Ltd Melbourne Herald Crayune Direct Publications Fry Ltd

Amoco Wins Favor in Yellow Cab Contract Bid

Amoco Australia Pty Ltd emerged as the preferred bidder for Yellow Cab Fleet Ltd after review of a favorable contract. Directors endorsed the offer by December 19 and shareholders approved at an extraordinary meeting in January. The agreement, signed this week, ends Ampol’s cash takeover bid. Mr B McArthur chaired Yellow Cab Fleet. Mr W J Trevorrow led Amoco’s Melbourne operations in the joint announcement.

Amoco Australia Pty Ltd Yellow Cab Fleet Ltd Ampol Petroleum Ltd Adelade Amoco Ampol Yellow Caby Holdings Pty Ltd Yellow Cab Fleet B. McArthur W. J Trevorrow Amoco Australia Pry

Also Mentioned on This Page

Cambodia Thailand Singapore Camboatia Aswan Etyllisariin Bangkok Venice Phoom Penh Anghor Barry Pit Alinga Street Civic Centre Up International Travel Service A. C. Goode & CO Stock Exchange of Melbourne Amp Ridge Hobart Place Canberra Brisbane Adelaide Perth Brussels Photographers (Inc Chris. Hudson & Company A. D. Meares & Bishop Sydney Stock Exchange M.L.C Petrie Street ORD Minnett T. J. Thompson & Partners Moresby A.ct Canberra City Investment Record Book CBC Partners Cael Company Kalgoorlie Ince Widgie Mooltha CIG Ti Bhp and Western Mining Kalgurli Seolin Mt Martin Nepean WA Widgiemool Tha British Overseas Airways Corporation Heathrow Airport Ross Siinton Keith Granville BOAC Charles Hardie McEwen O the Tariff Board Org Woolley Street Dickson Fhone Argus New Zealand Trans Tours Qantas AIR New Zealand Canberra Travel Services Security Service In Lombard Australia Limited Lombard Lombard Banking Limited Lombard House Bligh Street Hobart Newcastle Wollongong Liverpool Canberra Times Swieca Crest Darlinghurst Road Kings Cross Robinson & Trill Pitt Street Martin Place Porter & Co Porter House Castlereagh Street O'Briens Newsagency Liverpool Street W. F. Maher Newsagent Miller Street North Sydney Jacksons Newsagency Maroubra Gilbert & Company John Fairfax & Sons Hunter Street Dymocks Bookstall G.P.O Colonnade Mosman Wharf Clearys Bookstall T.A.A Mascot A.N.A B. H. Christie Bond Street A. W A. M. Brown Lm.b Kent Street Breen's Newsagency Bent Street Sydne Benson Grove Cnr George Street Blatch's Newsagency Strand Arcade N. Aroney Macquarie Street Amberleigh Wenthworth Phillip Street Terminal Central Electric Town Hall Wynyard Newsagencies Victorian Railways Flinders Street McGills Elizabeth Street Mittys Carlton Collins Book Depot Swanston Street Chestervilles Newsagency Chesterville Road East Bentleigh Balloch High Street Kew Essendon Southern Cross Hotel Exhibition Street Holiday Resorts Ulladulla Eden TIMES
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