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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jan 31, 1970

Page

11

Japanese sign 893m iron ore contract for long term supply

A consortium of seven Japanese steel mills signed a long range deal worth more than 4893 million to buy iron ore from Hamersley. The spokesman called it the world’s biggest single iron ore contract. The agreement spans 15 years starting 1972, guiding import of about 11.2 million tons of ore annually through Mamerskey Iron Ply Ltd.

Tokyo AAP - Reuter Hamersley Mamerskey Iron Ply Ltd

Hamersley profit soars ahead of forecasts in 1967 plan

Hamersley Holdings Ltd reports a $7,343,002 rise to $25,294,776 in profit, beating prospectus forecasts of not less than $22 million by year end 1967. Chairman R. Z. Madigan notes production and port capacity expansion, with a $250 million investment slated and a $50 million debenture issue detailed.

Hamersley Brinks Japan Hamertey

MEAT IMPORT PLAN FACES TAX AND DIVIDEND DETAILS

Directors outlined a vision for future taxation and an interim cash dividend option tied to stock as part of a broad expansion plan. The prospectus foresees a first dividend, with shares potentially paid in March or April 1971, while rapid capital expansion and a spin off from Land Planning and Overland Mine are noted.

Hammersley Japan Development Ltd Metroman Queensland Overland Lanet Metals Ltd Singertown Wolfram Laver Lane Mine Finiang Gonering Am Plitop His Alvo AlTotal Almaden Nate Sisney Poseidon Don Exchange Venturous Londons Aus WMC

New Copper Company Launches With $1.3 Million Target

A new company seeks to raise 1.3 million dollars by issuing 20-cent shares, supported by Supervis ed Securities Ltd. Preliminary work includes a 20-sqaure mile development near Rockhampton and options over the Isa region. The Sydney Stock Exchange listed firm assigns brokers and foundations for mineral exploration amid a broad Australian mining rush.

Suprovised Securities Ltd Mer D. J. Care Mary-lmichael and Company Borough Basin Tae Teaces Reliance Af Perth Aked Cos Ieompany Rockhampton

Wenzel Property Move Into Real Estate Field Amid Negotiations

Wenzel, Batty and McGrath Ltd, woollen and trimming merchants, plan entry into real estate and property development if current negotiations are ratified. The piece discusses Tasminex NL stock dynamics, London exchanges, and Australian market responses as investors weigh potential corporate moves and regulatory actions.

Dairy yield increases tied to mining and milk output

Australian dairy and mining firms report shifts in production and profits. Survey data show higher milk output per ton while coal and oil ventures expand, with five billion shares in play and 1969 figures contrasting factory cheese down 3.8 percent and processed milk products up 7.9 percent.

Petroleum NL Sydney Tull Ellements Maryborough Corto Pioneer Wenzel Ply Ltd Queensland Commonwealth Statistician

France’s Pompidou Faces Economic Tightrope in 1970

The new French president inherits a swollen economy after May 1968 turmoil with a current account deficit rising from 850 million in 1968 to 1.3 billion, inflation easing to 6.5 percent in 1969, and a deflationary tilt aimed at protecting households. The government devalues the franc, freezes 1969 investment, and shifts burden of adjustment onto the State amid union pressure and CGT threats.

France Pompidou General de Gaulle Elysee Mr Pompidou the Elysee Ie Probiem Remin CGT Way Porpidon

Confidence Returns As Trade Figures Improve In 1969 Outlook

Doubts fade as official figures show a sharp trade balance gain in November, private savings rise, and calmer currency markets. Exports surge, imports grow modestly, and the economy is seen returning to growth with improved inflation control.

France

Recovery plan faces mixed signals in world trade outlook

The plan appears reasonable as exports rise narrowly above OECD forecasts by four percent. France has had modest gains since 1968 with a small trade deficit, and the Deutschmark franc shift benefits France. A global recession could derail the recovery and US payments deficit influences France’s stake, but France would not be uniquely harmed.

OECD France

Also Mentioned on This Page

Hamersley Holdings Ltd R. Z. Madigan Harersley Holdings Ltd Australia Statistics Bureau Stable and Company, Ber The Sydney Stock Exchange Ltd Fasman Min Washington Nixon Agriculture Department Bureau of Census Congress Lake Exedits ‘Co Bly Ltd Gbightnbouroe Avent Planet Met Leopold Min MU Isa Tasman Minerals “Nl Ued Ite Ameemiot Merour Mipany Lian Sty Ars on|Ltd Mt Isa Cloncurry Acca Wenzel Pty Ltd D. Allgree Hoult P. B. O'Sullivan Busi Sydney Finantness Lcial W.lhe BR Thomuaite Wenzel Willlis Rudd Bain MacDonalds Batty Fiveland Co Sydneyland McGrath Stock Exchange Asminex NL Ag. m Withedrawal London Johange EJ Austin Fternationa L Sivrvey Kent Monarth California Exchange Ymiy Seegremennen Batty and McGrath L. J. Williams Petrie Street CLVIC Centre Ashore Sheonday Grane Inves A. D. Meares & Bishop Sydney Stock Exchange MLC Canberra C. Goode & CO Crate Melbourne Adelaide Brussels Alc.t Kembla Street Fyshwick Olivetti Notiday Paul Lewis Paris Lange Wretieh Mining and Associates Services Industricg Ltd Clinton and Co John Moore and Co Brisbane Huw Manila Hong Kong Macau Santas Canberra Travel Services London Circuit Pring, Dean Northbourne Avenue City Mach Guaran Woolley Street Dickson Civic Permanent Savings Civic Co-operative Permanent Building Society Ltd Garema Place Canberra City
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