Brisbane banks face merger moves and a tiny rival
The article examines moves among Australian banks led by Adelaide's bank merger, with Brisbane Permanent Bank as the remaining smaller trading bank in the field. It notes potential consolidation under Finance Completion of Australia, the rise of Adelaide, and the value impact for shareholders. It discusses license risks, shareholdings, and the possibility of external takeover while highlighting earnings, dividends, and price ranges for Brisbane Permanent and Motel-related stocks.
MENTIONED IN THIS ARTICLE
ATE Bank of Adelaide
Brisbane
Adelaide
South Australia
Adel
Finance Completion of
Australia
The
PCA
Lombard Banking Ltd
London
Lombard
Gowing and Company Faces Dividend Strategy After Century Mark
The Gowing company celebrates its centenary with a 24 percent bonus dividend as directors withhold details of future plans. A capital adjustment valued at about 2 million and a 10 percent base rate are noted amid talks of a $487,774 share consideration and pending revaluation.
MENTIONED IN THIS ARTICLE
Gowing
Ssroney
Iry SanitTs
J B Young to Acquire Fosseys 43 Stores in Australia
The deal sees J B Youngs Holdings take over Fosseys 43 retail outlets with a disclosed value around 241000. The takeover involves significant share issues and capital changes for the combined group. Experts cite projected profits and market expansion, noting the complex funding and potential post merger gains.
MENTIONED IN THIS ARTICLE
J. B. Youngs Holdings
Canberra
Foweys
Everest York
Nsw
Fevlt
Ile
Huster
Yumk
Yante
Igned
Posey
B. Young Group
Chase
Pesneys
Penneys
Cour
Fatimates Ificate
Iecis
Arnall
Forseyshoy's Clothing
Manchester
Olay Oegorlaed
Cold Tinen
Interim APM profit rise boosts Reckitt and Colman stake
Interim APM reports higher profits as Reckitt and Colman plan stock sale and 10 share issue orders. Directors consider near term actions including a $45 million cash consideration path.
MENTIONED IN THIS ARTICLE
Reckitt
Colman
Harms
Sehanges
Bradmill to raise 2.17m to buy King Gee Clothing
Bradmill plans a 2.17 million dollar capital raise to fund the purchase of King Gee Clothing Co. Pty Ltd. Shareholders will back the deal as Bradmill seeks a controlling interest while King Gee maintains its identity under new ownership. Directors report rising six month sales and propose a 9 percent dividend, with detailed year results expected in February.
MENTIONED IN THIS ARTICLE
Lombard Australia Limited
Lombard
Lombard Banking Limited
London
Straqn
Andustries
Colon
Tyre Cord Group
King Gees
Foy
Hal
Wie
King Gee Clothing Co Py Lad
Rendell
Hirde
Hui Iices
King Gee
Tel J
Tiel
Tt Hay
Bentonic
King Chce
Jlite
Iadanill
Radial
Jonget Tenn
Bradmill
Beret
Semntidea
Sydney
Australity
Ean
Seattolyyne
Reckit and
Cotman Aus
Et Ania
Samoa
Raytor
Bigihe
Reckitt
Foanls
Colgian
Selman
Sohdontial
Mersharon
Wechitt Afd
Coleman
Mritain
Eat el' Caiman
Reckiy
Calman Auc-eetors
Roe Aire
Wera
Semel Taylor
Reckitt and Colman Group
Paper Group
News Ltd
Pehrutcy
Freeshing Company
Alwest
Ubeek
Jose
Tats
Unhil
Jaja
Ecuvanel
Ty Novert Business Jets Pty Ltd
Tete Way
St Ohher Fievres
SAS
Australian stock exchanges close for Australia Day holiday
Australian stock exchanges will be closed on Monday in observance of the Australia Day holiday. Markets will resume operations afterward as trading calendars return to normal.
December motor vehicle registrations and imports report
December figures show 30 - 77 new MOLOE Lar yaflktrasne registrations, 6 427 other new vehicle registrations, and 3 942 assembled new motor car imports. Italy led December 1968 suppliers with 1 713 cuts, followed by Japan and West Germany.
MENTIONED IN THIS ARTICLE
Italy
Japan
West Germany
Britain
Taavien Brothers and Mercury Proprietor Move Forward
Taavien Brothers 11a and proprietor of the Mercury Hobart announce steady progress amid ongoing efforts. The note highlights consistent dividends and stable operations, signaling cautious optimism for investors and locals.
MENTIONED IN THIS ARTICLE
Taavien Brothers
The
Mercury
Hobart
Patersons Interim Up On One Year Profit Rise
Patersons announced an interim profit rise for the year with the ordinary dividend increased from 2.4% to 3% after a stronger first six months. Chairman Sir Maurice Northay cited higher profits and a robust result versus 1967-68, noting plans to maintain a policy of reducing borrowings and considering a capital issue to fund the growth.
MENTIONED IN THIS ARTICLE
Comipany Gates
Willon
Salen
Piper and
Paperboard
Tomato
RPM
Australia
Patersons
Palarvons
Proup
Te Deurmby
Ennai
Petit
Si Mauiive Nothay
Lerday
Maurice Sul Exch
Pnet
Sheir
Ithe
Puen
Holdingy Ante
Fond Pry Ltd
Staele and Colsmaller, More
Iaive, Lid
Hoopes” Burts
Stockbroker suit filed in New York over merger deal
A Denver issued lawsuit against a New York stock brokerage firm alleges improper handling of a large mutual fund merger. The case, seeking 1.74 million, names Douglas Aircraft and McDonnell Douglas in a dispute tied to a Merger with Merrill Lynch Pierce Fenner. The action claims harm to favored customers amid the deal.
MENTIONED IN THIS ARTICLE
Denver
Colorado
New York
Taap-Reuter
Avae
Zak Friday
Reuter
haslMbid HF
Ogo Flan
Informa
Amietich
Douglas Siveral Company
McDonnell Douglas
Douglas
aguin ai/Aircraft
McIonferrill Lynch, Pierce, Fennell Company
Ix Oumad i
Ince
Su Yncor
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L. G. Chapman
Hrixbane Permanent Building and Banking Co Ltd
Thin Mall Bank
Ue Adelaide
Queen Street
Commiecat
Nance Group
Brishane
National Mayual
Hooky Cloning
Mual
City Mayual
Bank of Nsw
Melbourne
A. ©. Goode
Hie Family
Mutual Life and
Milton Investments
Empany
Moteliers Ltd
Hisise
Martel
Kellen
Chents
Palm Lake
de Killen
Lake Credits Co
Northwoums Avenue
Goore
Woolley Street
Dickson
J. B. Young Buys
Fosseys
Young
Youngs and
Security & Service In
Lombard Australia Limited As
MEAD
Ammn Bligh Street
Ranches ST
Canmenka
Perth
Newcastle
Wollongong
Liverpool
APM
Sir Robert Webster
Whueman
Holbrooks and
Mortein
Reckit
Auralia
Samuel Taylor
Mrive
Numher
Heathnave
Reckny
Cotman Basime
Big Suter
Haibenoks
Planters
Bigprm
Dertol
Nuppet
Seit Howsehold
Zane
Austravan
Manus
Mistaill Factirers Ltd
Duester
Eee
Parvscipme
Avian
Visi
Baseton Om Eee
Melboitens
Timawami
Ps Mens
England
Scotland
Belgium
Holland
Germany
Switzerland
Austria
France
Australi
Southampton
South Africa
Canberra Travel Services
London Circuit
Sir Maurice Nathan
Chris
Hudson & Compan
N.C. House
A. C. Goode & Co
AMI Noban
Hee Care
Nelbourne
Brussels
Queanbeyan
HONDA
Queanbeyan Sport Department
Hove
Feday
Vga
le Lad