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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jul 15, 1967

Page

7

World wool output hits 1966 67 record year

Global greasy wool production climbed to 5 820 million pounds valued at 2 598 000 tons in 1966 67, up two percent from the prior season. Australia led world output at 74 percent with rises in most regions though some areas faced drought and price pressures. International and regional industry groups noted improved yields in several states despite uneven seasonal conditions across Queensland Victoria NSW and Western Australia.

Internnational Queensland Victoria Havelida South’ Australis Lady Group Austraia New Zealand Argentina Lhuguay Seria Union Australia

London Prices London Noon to Night Trading Note

A London market update notes prices at noon and 9 pm with a theme on opposites. The piece mentions trading hours starting five and a half hours after closure in the eastern states. It states a service began on Thursday with plans to expand soon.

London

Gas strike near Roma boosts production hopes

An Associated Group report describes another strong natural gas flow from Duatran No 5 near Roma, with projected daily output around multi billion cubic feet. The test well shows formation at depth about nine miles south of Wullur, delivering initial production estimates and ongoing evaluation of the field.

Duatran Roma

Potter retires from Australian United Corporation boards

Sir Ian Potter steps down from the boards of Australian United Corporation Ltd and its subsidiaries. He has chaired the Melbourne merchant bank since 1953 and is succeeded by C. T. Looker in the stockbroking firm Tan Potter and Co. AUC began in Melbourne in 1953 as Australian United Underwriting Co Pry Tid and became a public company later.

Ian Potter Australian United Corporation Ltd Melbourne Merchant Bank Australian United Investment Cord R. J |McArthur C. T. Looker Ax Xentor Finer Tan Potter and Co jAve AUC Melbourne Australian United Underwriting Co Pry Tid Publi Company Heevent Ostoner AUIE Spe Mit Tom Osa Ivan Tan Salty Sota Adei T Ivy Ge Adie Carpenter Inane Asan Dai Choe Anne RTE Amiscentat Auntale Hare Rae Wits Erie Cape Ofl Une Wil Fesch Astralom Laya Canberra Priana Onli Jodeci Bia PS RG Evan Gua Ewa Nylea T Nana St

Sydney financier buys stake in Tasman Dry Cleaners

Finance & Guarantee Sydney financier and Finance o& Guaranies Car Ltd acquire 25 percent equity in Tasman Dry Cleaners Ltd, transferring partial ownership. The deal marks a minority stake change, with governance and voting rights likely outlined in the agreement.

Sydney O& Guaranies Car Ltd Tasman Dry Cleaners Ltd

Dow Jones index noted as guide for London punters

London dealers eye the Dow Jones as a worldwide guide to the US economy and warn that the fluctuating index will attract a range of investors including London stock exchange speculators. The charted outlook invites bets on the index movement and future trends.

London Perday Shai Fookmaker Dave Honey Unitype Heong Usares Reen Wall Street

Week in Australian Wool Market Report

Market notes from Sydney describe price movements in wool with rises in lead zinc sugar and rutile values, while wool prices turn down slightly. The week featured 57,100 bales offered, with major buyers including European Common Market, Japan, Eastern Europe, Haiti, and local mills showing moderate activity. Shipping, regional sales were planned for Brisbane, Melbourne, and Perth into April.

St Aims FPA Ilmenitey Wolfram Sydney Salen Tries Japan Europe Bascom Melbourne

Coles to open Colmart discount store in Sydney

G. J. Coles & Co Ltd plans a Colmart discount store opening next Thursday in Liverpol Street Sydney. The 8,000 square foot self service shop will offer clothing footwear fabric and toys with no plan for big ticket appliances. Coles aims to add a third division alongside its variety store and food supermarket and likely will not attach the Embassy brand to Colmart merchandise.

G. J. Coles & Co Ltd Colmart Liverspool Street Sydney Chittens Manchester Coles Edgar Coles O Perches Sncorsshil Munk Cole Emmbasey Colamat Nsw Coenery Liverpont Pitt Streets Wor

Broken Hill dispute conference looms for mill workers

Miners at two of Broken Hill's three mills face a compulsory conference before the State Industrial Commission in Sydney on Tuesday as the dispute over operations and contracts nears resolution. The hearing follows stalled talks amid complex corporate positions at Singer Australia Led and related firms.

Broken Hill State Industrial Commission Sydney Singer Australia Singer Charles Prancher Daly Taffic HI Tye Ae NS Imines Andi Beaken Mill South Mines Tom Propies Justice Beary

Associated Securities Posts 15 Percent Profit Rise for Year

Lad Sydney financier reports net profit of 1 764 825 for year ending June 30 up 15 percent amid rising profits since 1957. Earnings on equity fall to 0.9 percent after August year premium issue. Audited figures show higher depreciation and tax, with directors planning future investments and higher financing in all areas. Final dividend remains 4 cents per share, payable in September.

Associated Securities Lad Vances

Suez Canal closure forces F and O to alter summer sailings

London reports that the continued Suez Canal closure has compelled the F and O group to revise its summer cruise, passenger and cargo itineraries. The change involves shifted departures, revised routes and adjusted schedules for ships bound for the UK, with impact on passenger options and freight timelines.

London Suez Canal F & O Group

Ralta Holdings to list shares in July flotation

Ralta Holdings Ltd plans a capital increase to 2 million pth with 700,000 par value shares. The issue, underwritten by Goode & Co, aims to list on the Stock Exchange of Ms Brian to Vreasilbourne next Thursday July 20, with subscriptions immediately after opening.

Tey Wire Ralta Holdings Ltd Jon Capital ES Blaciuer Linda Auta Fiawali Ise Goode & Co Stock Exchange Brian Vreasilbourne Lee

General Electric-Kirby Posts Large Losses in Year Report

The company shows a net loss of $819,687 with a compensation figure of $321,498. For the previous 18 months results reflect deteriorating earnings amid rising current liabilities from $4.09 million to $46 million. Directors report indicates assets, liabilities, and equity shifts with net balance sheet figures steady at $2,603,604 after depreciation.

General Electric-Kirby ‘Ee Ltd Schirman Sir James Kirby

Also Mentioned on This Page

Jaguar Commonwealth Motors Pty Ltd Mort Street Braddon Finance Estate Agents Motor Traders Decimal Currency Board Commonwealth Canberra Times London Metal Exchange CIS Atvikes New York Nees Fuser Faye Anfkenvigh Tellery Hh Arann Yen Pices Broken Hill Dispute Singer Loss Associated Securities Erepec Ralta Nena Gen. Electric Snowy Mountains Hydro-Electric Authority Talbingo N.S.W Tinama Plack Cnn Fheer P. G. Collins Civic Co-operative Permanent Building Society Limited Returi A. D. Meares & Bishop Sydney Stock Exchange Fring, Dean & CO Mainery Northbourne Ave Canberra City ORD Minnett T. J. Thompson & Partners Moresby House Act Nase Cables & Telegrams Orderley Eldon Srisran
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