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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jul 16, 1964

Page

14

Road carriers raise rates in bid changes

Sydney based Max Wurcker Holdings faces successive revised offers for its shares from Oza Paper Ltd and William Nash. Directors flip between cash and mixed terms as prices shift from 37/6 to 41/ per share, with a cash alternative still undecided. Meanwhile, intra state road carriage costs rise by up to 74 percent, affecting general goods and parcels as transport costs surge across Queensland and New South Wales.

Ma Wurcker Max Warcker William Nash Oxapuay Max Wureker William Wash Mdt Sydney Web Association Asociation J. G. Bentin

Share index and industry costs cited at carriers meeting

Share index discussion notes rising costs from wage increases and basic materials in steel and electrical sectors. Mr Beacham cites higher premiums for work increases after an industry insurance decision. Carriers' Association meeting concludes August 1 as rate changes loom.

Beacham Sason A.U.P South Wales

London zinc price cut by producers in move to ease costs

London firms Imperial Smelting Co and others cut zinc prices on new sales in Britain and Australia. The action, affecting a base price of 125 pounds per ton, follows high market levels on the London Metal Exchange, as producers fear stock buildup and delayed demand could push prices higher.

London Australia Broken Hill North Imperial Smelting Car l Sorution Ltd London Meta London Metal Exchange Exchange Exhaus

Moteliers Ltd reports higher profit and stable outlook

Moteliers Ltd, a leading motel group, reports profit for the year ended June of £42,399, up from £24,456 last year, aided by lower tax and capital raised. Directors expect continued tax benefits from a subsidiary and a higher earning rate on increased capital employed. They plan a final dividend of 5% on October 15.

Share Moteliers Ltd Moiteliers Ltd

Prudential forms investment advisory board in Australia

The directors of Prudential Assurance Co announce creation of an Australian investment advisory board to boost autonomy. Members include Sir Kenneth Coles, Mr A Marshall, and three Prudential executives: Mr C. Canfield, Mr L. W. Offord, and Mr P. H. Hammon.

Prudential Assurance Co Ane Investment Advisory Board Pru Kenneth Coles A . Marshall Prudential C. Canfield Pro Australia New Zealand L. W. Offord N.Z P. H. Hammon

Adelaide Stock Exchange Ends Mixed With Oil Declines

Adelaide shares slip as some oils weaken on the Stock Exchange while Ampol and AOG show small gains. Trading features widespread activity with notable moves in Santos, Santos 30/6, and regional miners as barriers and oils vary in price.

Also Mentioned on This Page

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