Beach sands miners lift interim profits
Consolidated Rutile Limited and Cudgen RZ Ltd report higher profits for the 28 weeks to January 13. Consolidated Rutile net profit reaches 1.0 million, no income tax provision, interim dividend 10 percent on April 1. Cudgen profit rises to 1.3 million, no interim dividend due to Mineral Securities Australia bid, production of rutile and zircon climbs to 49 155 long tons, drilling in Tasmania and WA expands.
MENTIONED IN THIS ARTICLE
Kenneth McMahon Group
Consolidated Rutile Limited
Cudgen RZ Ltd
Consolidated Rutil
Vox
Cudgen
Mineral Securities Australia Ltd
Call for complete review of taxation in Australia
The Associated Chambers of Commerce of Australia urged a full review of taxation philosophy. The national conference in Canberra on February 17 would study the system, its burden sharing among states and the Commonwealth, and discuss allocation of general fields of taxation.
MENTIONED IN THIS ARTICLE
Australia
Associated Chambers of Commerce of Australia
G. M. Hastie
Hastie
Canberra
Mt Carrington
Mount Carrington
White Rock
Tenterfield
Nsw
Commonwealth
Vamgas
Sozs Silver
Patchawarra
Lady Agnes
Mt Isa
Bald Hills
Glomex moves to restrain Trendex amid shareholding clash
Glomex seeks a court injunction to stop Trendex from placing shares to Selected Mining and Rimido Resources while Glomex and Glomex Mines Ni and Tsuringa Secures Ltd consolidate control of Trendex Mineral Corp Ltd. Meanwhile DRC Investments Ltd plans a public share issue to fund a new racecourse at Djakarta, with racing eyed for late spring.
MENTIONED IN THIS ARTICLE
Glomex Mines
Ni_ and
Tsuringa Secures Ltd
Trendex Mineral Corporation Ltd
Fit
Glomex
Trendex
Selected Mining
Rimido Resources ‘Ltd
DRC Investments Ltd
Djakarta
Eastralian renews bid for Michaelis Bayley in cash offer
New Eastralian Securities Ltd attacks Michaelis Bayley Ltd board with a takeover proposal of 170 dollars cash for each ordinary share and one dollar cash for each preference share. Michaelis directors reject the bid, citing desire for quick substantial profit and noting a 1 percent stake increases in the quarterly report to December 31. Delhi-Santos arm contacted. potential to lift interest to 15 percent with a further 225000 spend. Details reference Delhi-Santos-Vamgos group and revenue shares from Pant 4,00 TUE UK Peel and Vamgas.
MENTIONED IN THIS ARTICLE
Eastralian Securities Ltd
Michaelis Bayley Ltd
Eastralian
Michaelis Bayley
Delhi-Santos
Natures
Delhi-Santos- Vamgos Group
Royal Globe premiums rise at Opalton Mining NL
Opalton Mining NL reports Royal Globe Life Assurance permission to secure 632M in new premiums and expand a 300 square mile opal prospect area in Western Queensland. Directors note 24 percent 1969-activity rise and plan to apply for mining rights within approved authority, with new sums assured exceeding 58.5 million.
MENTIONED IN THIS ARTICLE
Opalton
Opalton Mining NL
Royal-Globe Life Assurance
Company Ltd
Austra
Offican Life Office
The
Royal
Opal Prospect Insurance Group
Ting
Queens
Carpenters Invest 1 1 Bonus Issue at Shareholders Expense
Australian directors allege Michaelis board tried to deter acceptance by spreading unfounded claims about Australian conduct. They say the fight involved circulars and calls that confused the issue, delaying cash to Michaelis shareholders and seeking to stop the $170 cash per ordinary share payout while Michaelis aims to prolong control.
MENTIONED IN THIS ARTICLE
Aastralian
Michaelis
Eustralian
Takeover Bid for J Murray-More by Tubemakers of Australia
Tubemakers of Australia Ltd offers to buy the remaining shares of J Murray-More Holdings Ltd it does not own, targeting 21 percent of the shares at 2.20 dollars per share versus 1.90 yesterday. Directors say Murray-More shareholders will receive the interim dividend from profits for the six months ended December 31 and have urged acceptance of the offer.
MENTIONED IN THIS ARTICLE
DRC
Indonesia
Nomex
Donoel
Trendex
Longreach
Dabscheck
Ferests
Jis
Opera
Supreme Court
Victoria
Glomex
Tubemakers of Australia Ltd
J. Murray + aia (Holdings) Ltd
Tubemakers
J. Murray-More
Murray-More
Murray
Murray- More
London Noon Carpenters Investment Boosts Share Issue
The report notes a 4c interim dividend per share on 50¢ stock, with a 300 000 share one-for-one bonus issue planned for April 1. Directors credit higher net profit to increased dividends from subsidiaries and Carpenter Locke Pty Ltd, but warn of rising costs and advertising declines. The meeting on January 10 aims to seek approval for capital return and expanded turnover, amid drought impacts and competition.
MENTIONED IN THIS ARTICLE
Carpenter Locke Pty Ltd
Vanguard 42
He Pil
Michaelis Amersiey
Jee Hee
ACF and
Shirley
Cta
Zers Ltd
Mein
North
Kalw
Samin
Ralian
Wantmen Jt
Pammles
Wool Commission Buys Heavily at Brisbane Wool Sale
The Australian Wool Commission expanded its aggressive buying, purchasing 21 percent of the 14 230 bales offered at Brisbane, investing about 725000 over the three day sale to hold current market prices under its flexible reserve plan.
MENTIONED IN THIS ARTICLE
Australian Wool Commission
Brisbane
Orel
Hill Minerals NL shares rise on no announced reason
Hill Minerals NL directors say there is no reason for yesterday's sharp share price jump. In active Sydney trading the stock gained 14 cents as executives prepare to issue the quarterly report later today.
MENTIONED IN THIS ARTICLE
Hill Minerals NL
Sydney Stock Exchange
New BH shifts domicile amid global mining empire
The formerly London based New Broken Hill company, now part of Rio Tinto Zinc and Conzine Riotinto groups, prepares to relocate to Melbourne for tax reasons while continuing British incorporation. Under new chairman Frank Esme the firm eyes expansion, leveraging its 2231/3 percent stake in the Bougainville copper project and ongoing nickel exploration with Anaconda and CRA.
MENTIONED IN THIS ARTICLE
Conzine
Australia
Rio Tinto-Zinc Corporation
Britain
Eee
Melbourne
New BH
Barrier South
Broken Hill
Zinc Corporation
Barrier Gouth
New Broken Hill Consolidated
London
Zine Corporation
W. S. Robinson
Robinson
Milning Corp
Consolidated Zinc
Rio Tinto
Rio Tinto Zinc Corporation
Conzine Riotinto of Australia Ltd
Exchairman
Val Duncan
Frank Esme
Bougainville Copper Pty Ltd
New
Rougainville
Anaconda
Cra
Western Australia
Also Mentioned on This Page
Business & Economics
Beach Sands
Caity
Opalton and
Mayneside
Winton
Tasmania
Calweld
Metals Investment Holdings Ltd
Costerfield
Mr Hastie
Yamagas
LAN Wnl
D.R.C. Investments
D.R.C
Ron S. Dabacheck
Victoria Amateur Turf Club
Victoria Racing Club
Moonee Valley Racing Club
Diakorta
Aus
Merhe
Ad Lvyn Moore
Peter Gumble
Panicaton
Brian Courtney
Cipies
Djokurta
Michaelis B
Peel
Adelaide
Royal-Globe Premiums
Carpenters
J. Murray- More
Carpenters’ Investment Trading Co Ltd
Ibury TV
Albury Upper-Murray TV
Sapuury
Gong TV
Wollongong
Transmission Ltd
WIN-4
Vanguard Insurance Cor
Berews
Amd
Hone Hi
Hice Thane
Amiwem
Tmeerijon
Canberra Newsagent Fine Vn
aMice
Mlore
Coring
Canterra Perra News
Vollowins
Ng Pointer
Aewa Dickoom
Coen Manuka Witenes
Vartahumia lCanterra
Ty An
Rica Aranda
Peter An
Nick's Snack
Oriana Cafe
Fain
Mason Fhneniiig
Paee
Shopeine
Cey Waramande Shoopli
Canberra Times
South Eden
Siewrn
Anc
Gowthard and
Cooma
Raheny de l' Aie
Taner ‘Street
Wonward
Town Hall
End Central
Corso
Manly
Methowrne
Southern Crees
Mility
Kinkeenam
Neatete
Flinders St Bialines
Preencinr Alroart
John Fmirfow
Sone
Linthe Collen Sree
Na Vane Mornin Herald
Fiona
Su Sun-Herald
Wemani i Pin
Iralla
Phe Canserre Nimes
Cannert
Sun-Herald
Java
Alheteta
Mavels
Omeiwatenba
Webb
Anne Angelima
Anmie
Angelena
Weinses
Thyra
Ra Haszelerove
Heather-Inslin
Puncke
David
Richard
Ory
Ren
Campbell-Reid
Western Park
Cowie
Weyrin
Frei Torrens
Aiorra
Leon
Filmer
Davies Pharmacy
Kingston
USA
Turner
Palmer
LCA
ACA
ASHI
Wy Cw
Keith J. McDowall
D. Palmer College
Theodore Street
Curtin
H.C
Canberra Coaching College
Cooley
Marlene and
Alan
Bothwell
Charles Street
Charlton
Dorothy
Igan St
Geoff
Andrew Modieul
Farrell
Gav
Terry
Timothy John
Neilson Pl
Kelly
Fope Sweet
Dickson
Merner
Anne
Paul
Canberra Hospital
Nenadovic
Pam
Mike
Peter Andrew
Cheryl
Wayne
Gary
P.S
Marchant
Yhaent
Landen
Stretton
Judy
Leacer
Youn Reet
Jamie
Clements
Pearce
Lorraine
Eucumbene
Kevin
P.O. C. Clements
Yarralumla Cotta
Irivers
William John
O'Connor
John
Yass
Mary
I Watson
Kay Wenard Watson
St Patrcks College
Croulburn
St Patricks College Chapel
Tmorrow
Can Peesme Aid Directors
Canberra Avenue
Ph OS
William John Rivers
MacAnhur Avenue
Norwood Park
Barton Highway
M._H. O'Rourke
Queanbeyan
Simon
Roderick Dumaresq
Jennings St
St John the Baptist, Reid
ML Oe Ponsta
Northside
Ainslie Ave
City
Jervois St
Deakin
Sanger
EARCE
Ev Hughes
Jean Senger
Cinama Center
Bunda Street
Watson
Cpt
L. J. Hooker
Monaro
Quentinbeyan
Sweetangera
Co-operative Ltd
Ainslie Avenue
Civic Square
Red Hill
Tao
Renstal
Yarralumla
Susan
ALEK
AL Mackillop and Co. Pty Ltd
Petrie Street
Lyneham Tachevieet
Ss Fe
B. M. IL
Weaimen
Plaver
Sin Wiest Minera
Sara Jae Vibe
Planet Metals
Magnum
Silmonth
Sin Pacific
Clarence Opt
Westnet
Petiroanin
Hill Minerale
Hill Merakg
Tiveseus
Murchison
Abnaack
Todouries
Laverion Nickel
Ste
Saton
Lake
Caite
Ncic Centre
Hill
New Broken Hill Consolidated Ltd
L. J. Hooker Limited
Northbourne Avenue
Canberra City
Act
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