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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jan 19, 1971

Page

8

Trading bank deposits rise to record Australian level

Statistics from the Australian Banking Association show major trading banks in Australia reporting deposits rising to 36,943 million, up 177 million from the previous figure. The gain, the largest on record, is attributed to government financing and advance payments, with December figures beating the prior month.

Murem

Peko Wallsend reports $3.7 million half year profit

Peko Wallsend Ltd, a copper and coal miner, declares a net profit of $3.7 million for the half year to December 31, marking its first half-year profit figures. Directors note tax adjustments and depreciation rules affecting exploration costs. A 15 percent interim dividend is planned for April 6 to shareholders. Production figures for the 14 weeks to December 18 show copper, gold, and tin outputs, with expected uplift in the second half due to higher production and lower copper prices anticipated to improve margins.

Peko Wallsend Ltd Terim Hmhe Commanda Sant Hinesten Me Pinch Dye County Proud

MIM Holdings expands with New Zealand uranium venture

MIM Holdings Ltd expands diversification by entering a uranium project in New Zealand with Larpentaria Exploration and Buller Uranium. The venture targets the Nunhuan prospect near Jacksons Bay, amid broader efforts to broaden earnings beyond Mt Isa copper and zinc. Officials note preliminary exploration, with no reserves or grades yet defined, as the group pursues multiple exploration programs and potential iron ore and other assets.

MIM Holdings Ltd New Zealand Larpentaria Exploration Co Uni No Mim. Holdings Pelovne Buller [Gyansnm Ltd Waom Buller Gouge Ares Tentaria Tiajar Trading Funkeepee Sity Muller Holler Uranium Anim Holdings Bastyown Jacksons Bay MIM Holdings Mt Isa Buty Uihe Group

Receiver appointed for Rex Aviation Holdings Ltd

Rex Aviation Holdings Ltd the light aircraft distributor has been placed in receivership by the National Bank. Receivers H W Grow and No Re Oliver of Marsons Anderson and Coup tell of discussions with the bank and the Rex directory. The year end was extended to June 30 1969 with profits overstated due to a coding error in aircraft pricing. The founder and former chairman of Rex Aviation was honored at the annual meeting.

Rex Aviation Holdings Ltd Gavin Irons National Bank H.W. Grow No Re Oliver Marsons, Anderson Accouintants Tex Directory Saat Een Hersuse Eamerror Val Prinn Rey Avalon Ima Sparen Erena Aircraft Company Neverber Wad Ret Wen, King, Fou Hie Rer

Reserves Rise at Southern Cross Copper Prospect

Southern Cross Ex planation NLU reports markedly increased copper reserves at its Flinders Ranges project in South Australia. Directors say the warterly report to Deve for TR exceeds 18 million dollars, with grade around 12N per cent. The company plans sinking and exploratory shaft work, improvements to facilities, and near-term drilling at old mines and new sites. Tassman Minerals NIL seeks a high grade copper prospect in Queensland with potential open-cut production.

Southern Cross NLU Flinders Ranges South Australia Deen Brel Tales Tony Tvs Pt Ant Tasman Minerals Nil Mi Tia Queensland Investi Nana Watkins Fay Benying i

Sugar Miller profits lift amid takeover talk and dividends

ARC Industries Ltd declares a lifted interim dividend as profits surge for Sugar Miller amid takeover chatter. Strong half yearly results show higher profits, substantial net income, and a boosted payout to shareholders despite historical depreciation and tax deductions.

New Record Profit Hit by Pro Insurance Company Ltd

London noon report shows Pro Insurance Company Ltd posting a new record of 5.6 million dollars for last year, up 17.2 percent from prior year. The gain reflects stronger business activity and market demand.

Precentiay Assurance Company Ltd

Computer D. Levey cites new record amid expanding services

The general manager Mr R Levey said the company, Computer Dynamice Ltd, reported premium income of $201.6 million for the year ended June 30, with an 11.3 percent rise and plans for expansion. Directors expect data bank development and microfilm ventures to boost results, while Australian policy holdings and investments by Wilke and Co Ltd influence the earnings outlook.

R. Levey Computer Dynamice Ltd Inurance W. B. Smith Ltd Adlers Wilke and Co Lid Australia

Steelmark shares plan split capital structure

The company decided to divide its $10 million capital into 6.3 million 50 cent shares and 127 million unclassified 0 cent shares, with $100,000 in preference shares. The directory authorizes up to 500,000 $1 preference shares.

Steelmark Ane Ink Hat

CSC to work on major airport system upgrade

Computer Defences Corporation of Los Angeles, affiliate of CSA, wins contract to develop a computer programme for centralizing Kennedy Airport traffic. The system will manage aircraft flow across runways and taxiways to improve safety and efficiency for passengers and cargo at New York's major air hub.

CSC Computer Defences Corporation of Los Angles CSA New York John PF Kennedy Taviismey Kennedy Airpark Sarfage noveAng Airfines Federal Aviation Asiantestration Port of New York Authority eriMntiane Cami Wall Lea Wecelig Agula

Canberra's Caneerra Computer Centre innovator profile

Abbott, Canberra's long-established independent computer service bureau manager, built the Canberra Computer Centre into a notable hub amid a youthful local industry. The piece traces his role, the firm’s expansion, and partnerships, highlighting early installations like a 100-processor system and the center's adoption of new series in the late 1950s.

Abbott Canberra Caneerra Computer Cenrey i Motoray Ford Cirekorys Ted Nil

IBM man Batson named country manager in Australia region

Mr Douglas F. Batson has been appointed country manager of Jala processing services in Australia and New Zealand region, based at the regional head office in Sydney. He previously joined IBM in Melbourne in 1948, later holding multiple posts including Sydney branch manager and Australian sales manager before recent assignments in Paris and returned to Australia in a senior role overseeing data centre services and information rewards divisions.

Douglas F. Batson Venuves IBM Australia New Zealand Sydeney David Chanforee Dties IBM World Trade Corporation Batson TBM Melbourne Sydney Paria Europe THM Lime Systems Lin Athon Winnett Australia Mes Wan Informarion Rewards Data Centre Services DPSC Frederick J. Hall

New Teaching System Aims To Train Programmers

A California educator Dr Frank Yet unveils a computer programming course at Pasadena City College emphasizing non mathematical compiler languages like COBOL and FORTRAN. The system uses a Burroughs 3800 setup to generate lesson decks, process assignments, and track student progress for faster, more accessible instruction.

Frank “As Vet Hain Mudenis Pasadena City College Tescum Sistem Mit Fesson Alalion Yett Canberra

CSIRO Man in Hawaii Delivers Paper at IEEE Conference

D Langridge of CSIRO's computing department delivered a paper at the IEEE conference on Pattern Methodologies held in Cantret. The briefing notes his participation and the timing around January 22.

D. 4. Langridge CSTRO Department of Computing Ihe Ieee Maka

Appointment of INFONET MONARO manager at CSA details

A new INFONET manager has been appointed at CSA. The appointee, a mathematics and chemistry graduate from the University of Adelaide, brings over 1K years of professional experience in computing and electric engineering. He will direct planning and system development across the Sydney branch.

Suley Eistomer CSA Iter Ramnisare NER General Flecine Honeys Snr Ceaber Abignmenta Argante Cemistey Praduaté Uoiversly Adelaie Nei Ac Movdinett Prechantme Develngmment

Computers to aid pollution control at Essen center

Germany’s Essen industrial hub will acquire two pollution control computer systems next month. The CDC 300 will centralize research analysis and data handling, while the CDC 1700 will provide online monitoring of pollution, detecting critical anomalies and triggering alerts.

Essen Germany Rube Valley Ysteyn Tor Ising Speice Systems Tabanatey Sements

Also Mentioned on This Page

Economics Trading Bank Rm, Cameron Dhe Este Bankery Milan Strong Fn Cameron King Islas Metron N.Z. Uraniu! Venture For MIM Hanwright Hancock All Wright Irom Mamter P Mim McArthur River INI Thiesss Queenstand Rex Aviation S. Cross Karangi Rarangi Minerale Cally Haeneur Pra Mudgee Tasman Opalton Hrinete Raysei Ingellic Pyoanesia Northeen Jay Gibson Howes Diresors Fern Nashyeat Taeisa Hiller Nmnee Rumenis Iin Iis Fered Lake View Star Dend Paty ARC Industries Ltd Nsw Okg Poseidon Finance Corporation of Australia Limited Rey Tamed Ormentacied Envar Pnd Shlain Smihs Ps. Smiths Smihe Commercial & General Acceptance Limited Lake Credits Co Pty Ltd Northbourne Avenue Erlon Meneirs Willer London W. E. Smith Computing News Mr B. Lastmead ACT Innovator Cregerry Abie Caner Oepuner Speuiablas Tantares Erich Walle Ars Sewell Bo Paste Irak Hiner Pinay Hews Nnvere Wat England Pansy Me Abbott Mr Batson IBM Man von Whigh Analenih Biemann de Yetz Burroughs Be Csiro Man Hawaii Infonet Monaro Sunne Hay Torin Muehetiye Ineonet
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