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Canberra Times in Canberra, Australian Capital Territory

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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 28, 1972

Page

3

Christmas spree cuts deposits in banks in Australia

Sydney reports show December savings bank deposits fell by 27 million as Christmas spending reduced total deposits to 7.982 billion from a November peak of 8.009 billion. Director R S Cameron notes seasonals behind the drop, while six months into the year deposits rose 348 million. He cites housing loan growth and savings banks aiding about 7,000 families to buy homes, with total new loans to individual home-seekers over 611 million annually.

Australian Bankers Association Research Directorate R. S. Cameron Sydney Commonwealth Statistics Bureau Cameron Saveings Alacetons

Minster Plans 50c Capital Return in Takeover Stand

Minster Ltd will return 50c per share capital rather than 25c to defend Capital Carpet Industries Pty Ltd bid. Half year to December 30 profit $422,434 after depreciation $225,425, sales up 1 percent. Interim dividend 54 p per cent payable March 5 to February 18 shareholders. earnings forecast for year around $750,000 with tax provision $135,000 and 1972 73 profit about $623,000 after full 47.4 per cent tax. Net asset backing of 4,372,994 shares after capital return.

Minster Ltd Capital Carpet Industries Pty Ltd Minster Interm Melbourne Soc

Kratos Kratos Uranium SL Reports Exploration and Agreements

Kratos Kratos Uranium SL in its December 3 1971 quarterly report states an agreement with Wyomunty Mineral Corp on market for Kratos uranium production rights. It notes diamond drilling in Malloon NSW with hole GS at Scan's north boundary, and Hole RB testing Mr Fisher lodes with minor mineralisation but pending assays. Exploration costs total 64666 plus Kratos funded 556285.

Kratos Uranium SL Wyomunty Mineral Corporation Kratos Bauhinia Bowl Towns Rivers Northern Territory Peehiney Australia Exploration Pty Ltd Wyoming Malloon Nsw Scan Tt Oin

Untitled local notice fragment

A damaged OCR fragment mentions minerals and numbers, with unclear names and places. It references Uranium and Meath, but the text is fragmented and not obviously coherent or complete. The readable items are scattered and lack a clear event or action.

Canberra appoints Geoff Ashton as new Concrete Industries manager

Canberra manager Geoff Ashton is appointed manager of Concrete Industries Mon ier Ltd Canberra and will start in February. He previously led management services since 1969 and has overseen management training, industrial engineering, and several special projects for Monier over twenty years with broad company experience.

Geoff Ashton Concrete Industries (Monier) Ltd Canberra Ashton Monier

Northland reports increased copper reserves in SA

Northland Ltd directors announce a new cross section at Kapunia copper prospect in South Australia confirms and increases drill indicated ore reserves from 2.17 million tons at 1.32 percent copper. Diamond drilling shows thick intervals with copper grades up to 1.32 percent and 2.4 dws gold in one zone. A deeper, unassayed zone is noted.

Northland Ltd Kapunia South Australia Abo

Company back on list under new board reforms

The Stock Exchange of Adelaide restored Australian inter National and British Ltd to the quotation list after a suspension due to late 1970-71 accounts. The move follows actions by new directors in office since mid November to remove dead wood from the accounts and maintain liaison with the exchange.

Australian Inter- National British Ltd National Jr, Merny Im Adelgest Stock Exchange of Adelaide

Profit recoveries and dividends across insurers and builders

Profit recovery by T and G Fire and General Insurance Co Ltd rose to 112,854 in the year to September with after tax profit up to 92,800. Interim dividends 7.5 percent declared for six months to December 31, 1971. Lend Lease Corp reports interim 1 percent dividend for six months to December 1971, with audited consolidated net profit near 1.98 million. Leighton Contractors awarded a 28 million WA contract for Goldsworthy mining iron-ore handling facilities. Nicholas International holds interim dividend at 3 percent after a profit rise to 1.987 million on 1183 million sales.

T and G Fire and General Insurance Co Ltd Lend Lease Corporation Fd S&l Leighton Contractors Pty Ltd Leighton Hold Ltd Cickdaworthy Mining Ltd Western Australia Finucane Island Goldsworthy Shay Gap B. Johnson Leighton H Woul Teighton Nicholas International Ltd Asprophanmeceutical Group Pakistan

Blunt OECD survey questions Britain’s growth prospects

The OECD assessment says Britain’s growth may ease from about 3 percent in 1972’s second half, with exports likely to grow slowly and consumption driving the near-term rebound. It warns of a sluggish medium term, citing weak investment, low productivity, and policy trade-offs. It urges stronger investment and stable demand expansion to raise growth.

Britain Organisation For Economic Co-operation and Development OECD Testurn

Nixon Signals World War on Unemployment and Inflation

President Nixon, in the Economic Report to Congress, insists unemployment remains the main obstacle and pledges to defeat both unemployment and inflation. He says price-wage controls will stay until price stability is achieved, with output growth and tax cuts fueling a 1972 expansion.

Washington Nixon Associated Press Congress Gimss United States Stein Heater Council

Also Mentioned on This Page

Business & Econom Lown Kayerest Ta Dunlop le Meath Ile Othe Mr Ashton Northland T&g Fire T and G Mutual Life Assordance Safety Ltd Lend Lease ASD Australian Investment and Development Ltd Tan Carpenters Carpenters Investment Trading Co Ltd LOTL Carpenter Locke Pty Ltd Nicholas Warwick Bracken Economics Wiiter President's Council of Economic Advisers Herbert Stein Engegement Potlcce Coeserting Partice Wilrem Autrertieny Aspece TRE Canberra Times Calderra Lonmin Cin Grieves Kinshe Camprell Courtine Macquarie Mamet Narmbundah Ofc Rivett Scullion Toren Watson Yartalenta Canberra Tolinge Holdengs Fh Duane's Voi Aranda Peter's Pishwick Berriers Anbetta Hospital Konfoot Farrer Shomping Hughes Shopping Centra Lactian Coun Mawson Cenae B. Shappir Enire Pearce Waramangs Eden Nowra Hall, Yass Gaul Cogma John Fairfax Sema Ltd Homer Street Wynyard Tew Mat Central Railway Station Marly Lederman Colling Street Southern Cava Hote Collins Bourke Steet Collins Meili Elizabeth Stepet Tulamating John Bathuay Lone Ltd Tom Telescoy Mathlon Faetal Keune Sidney Sun Sun Herald Woman's Day Fis Suirling Wind Meritage Flectronice Australia Sun-Herald Mites Civ Driyale Hostebs Fyadwick Phonime Howe Henry Annesley Asson Brett Orm Fam Brod Mark Bothwell Wood Nce Adene John Mathew Grant Sutler-Cole B. N. Cole Campbell Jackie Tony Me A. Butler Refshauge-Mason Chile Prooffessor Mm Peter Mason Andrew Willem Refshauge Cardiff John William Frank Thelma Cardiff Paul Philip Stephen Mlimpel Alice Anne Street Queanbeyan Peter and Helen Burkhard Klaus Ernesi Birmingham Gardens Beresfield Crematorum R. M. Evans and Sons N.d-F.d.a Max Metley Si MicReoe Fee Lyom Ese Urner Wil SM Patrick’s Church Wats Braddon Ke SR Ine Mane Aeda Woodger and Sons Monsto’ Street Hucanbeyan Haines Cedric Thoms Peg Ainslie Raymond Place Black Mountain Peninsula Croton Kingston Filmer P.O the Optometrin Eye Davies Prarmacy Kinsston McDowall, & Palmer College USA Theodore Street Curtin Paareres East Row Allogn Barry Drive Turner Geezy Palmer College Lisa SIAN P. P Mchag den Dept Education and Science EAT Country Girl Hughes Aca Fey Bega Canberra Technical College J. Parker Pidy Barton House Prize Manuka Centre Bougiinville Street Sehlich St Wla Hope Dickson Gherl Yarralumla Marcnant Lic RE Northbourne Ave Poneto Bere Ouse Close Beach Car x Cares Watson Inorthside iMaede Weston Ares Ainshe Ave Canberra City Atkinson St Furn Pearce Garape Raddon Fisher Surers Fae Real Estate Pty Ltd Landon Circuit Latham Contempbr Family Area Ling Lease Wy Farrer Fiat Torrens Lai Sun Mon Reith St Scullin Talbenatad Arpeta Ands Briant Red Hill Centre Vwarralumla Farrer Binew Modimn F.F Cone Br Pisg Carport Priw Terrace Gregorys Real Estate Comm Bunda Ss Civic H. Gregoriou Gamge
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