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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jan 17, 1967

Page

5

Anzaas Report on Food Consumption Patterns

Economists led by G C McLaren of Monash University report that measuring food consumption in Australia is hindered by non economic factors. The study compares Australian intake with five Western high income societies and notes real incomes, prices and tastes shape patterns along with new products and health driven preferences. The Melbourne gathering marks Australia’s 6th annual conference with Sir Ian McLennan delivering the principal address.

G. C. McLaren Monash University Australia and New Zealand F.H. —Gruen Australia Department of Agriculture McLaren USA Canada Melbourne Victoria Sydney Ian McLennan Broken Hill Proprietary Co con|Ltd

Ampol Profit Decline Attributed To Price Margin Shortfall

Ampol Petroleum Ltd reports a drop in net profit to 5,044,011 from 5,860,226 due to margins under the price formula. Directors cite rising costs, strong competition, drought, and taxation impacts while noting a 9.8 percent rise in total petrol sales to 343,442,862 gallons.

Sydney Ampol Petroleum Ltd

World of Business: Broken Hill iron output fluctuates across period

Broken Hill reports mixed iron and steel metrics with output varying by region. Port Kembla and Whyalla show shifts in ingot and pig iron production. Consolidated six month results indicate profit resilience, premium share issues, and plans for expansion including a $7.25 million superphosphate plant at Portland.

Sydney ACF Shir Melbourne Jley Fertilizers Ltd Cresco Fertilizers Ltd Kent Grace Australia Pty Ltd W. R. Grace and Co Newcastle Whyalla Portland

MLC Posts Record Life Assurance for Two Years

The Mutuel Life and Citizens Assurance Co Ltd reports record life assurance business for two consecutive years. Sums assured in the ordinary branch reach 290.4 million for the year to December 31, up 9.9 percent from 264.4 million prior year. Premium income rises from 7.699 million to 9.030 million. General manager A Fower notes record new business across Australia and New Zealand amid drought conditions and economic weakness, stressing life assurance as a sound investment.

Sydney Mutuel Life and Citizens Assurance Co Ltd A. Fower MLC Deer

Wool market lifts as Royal Globe opens Christchurch sale

New Zealand wool market opens the 1966-67 season in Christchurch with Royal Globe Life Assurance showing strong activity. Lance Co Lad leads gains as premiums rise, with 34.8 million dollars in 1966 and an 11 percent opening impact, while New premiums jump nine percent and half-bred lines see steady demand across New Zealand and Fiji markets.

Christchurch Melbourne Royal Globe Life Assur Lance Co Lad

MKU rise brightens dull market

SYDNEY Monday Uranium stocks led a rally on the Sydney Stock Exchange as Mary Kathleen Uranium posted a 25¢ gain amid rumours a Japanese delegation may buy Australian uranium. Kathleen Investments rose 15? to 300 and Conzine Riotinto 8c to 5.24. BHP moved 2¢ to 6.54 as oil stocks showed life with Alliance Oil Australian Oil and Gas and Santos gaining. Heavy miners Mt Isa New Broken Hill North Broken Hill fell as falls outnumbered rises 96 to 92. Turnover declined with mining at 276,520 from 427.

Sydney Sydney Stock Exchange Mary Kathleen Australia Australan Kathleen Investments Conzine Riotinto BHP Alliance Oil Australian Oil and Gas Santos Consolidated Gold Field Mt Isa New Broken Hill North Broken Hill Dawson Murray RI Deering Elders Warta Falls O'Connell Cy York Ode Sd Interstate Oil It Palmer Pioneer Cone Longreach Woodside Pioneer Sugar A Mining River Sands J Aberfoyle Swan Brew Steamship Tancred Pacific Min Tutt Bryant United H Ly Rism Western Titan

Main rises and assets listed with names and numbers

A fragmented table lists entities such as Ampol and Eric with figures like 2 18 and 1-44, alongside references to APCM CRA Cement United Uran and related numbers. The scattered items include Ass Sec and Kath Invest, with obscure dates or codes interspersed.

Gas title deals for Vic and commonwealth exchange

Finance Esso BHP accept Vic gas titles and an additional one per cent overriding royalty payable to Victoria over the standard ten per cent. Development plans for Barracilla and Marlinfields proceed after finalized firmeries. Premier Bolte criticizes opposition as jealous. Marlin C I well tests soon, oil zone confirmation pending. Adelaide pipeline plan would start this year if approved and funded, linking Crd gealpH and Adelie with $35 million in construction.

Victoria Commonwealth Holt Henry Bolte Marlin Lakes Entrance Adelaide Crdgealph Adelie South Australia Frank Walsh Walsh Canberra GF Seaman Commonwealth Treasury

Gold reserves regain ground after holiday dip

Sydney reports the Reserve Bank sees gold and foreign exchange holdings rising again after a Christmas New Year drop of 136 million. Proceeds from a US 25 million loan issued in December help rebuild the fund, though total reserves remain below the December 14, 1966 peak. The weekly banking review pins the dip on seasonal pullback following the holidays.

Sydney Reserve Bank Sagif Im Reserve

Fire Auto and Marine founder Savundra vows dole life

London Monday AAP reports former Fire Auto and Marine Insurance chief Dr Emil Savundra, who flew in from Rome, says he is broke and may go on the dole. The company collapsed last July leaving debts over five million dollars. He plans to meet Board of Trade officials on January 23 to discuss the collapse and asset questions.

London AAP Auto and Marine Insurance Company Emil Savundra Savundra Rome Auto and Marine Insurance Board of Trade Fire, Auto and Marine Insurance Company

Also Mentioned on This Page

Anzaas Report Gere France Uume Asta Oes Arun Ian Potter Stock Exchange of Melbourne Alinga Street Canberra City Brisbane Perth Stock Exchanges Finance Corporation of Australia Limited AMP Hobart Place The Bank of Adelaide the Commercial Banking Company of Sydney Limited E Swift & Co. Limited Sia Lou Phos E & N Wholesalers Pty Ltd Badham Street Dickson Mee Broken Hill Shirley Cresco New Zealand Lake Credits Co Ltd Worthbourne Avenue England James Keiller and Sours Ltd NZ Wool Royal Globe Cra Kath Invest United Uranay Amal Chem AG Corp General Arc Ansettel Aus AMI Rooy Hank Nsw Berk Ira Besser W Caeser Uty Carlton Brew Carp Centeney Hay Strata Gamiliner Cret Taubmans Uran Dev Main Elec Ind Fadale Fairymead Fowler R Gregg HP Rt Healing AG Hooker LI Hordern A Leather Jones D Kolotex Larke C Lend Lease Ludo JC Macquarie McDonald Meagher Mere Mur Miller EY Finance Vic. Gas Stoneham lewoNny Hank Insurance Misia
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