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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jul 18, 1970

Page

14

Nickelfields poised for viable antimony operation in Queensland

Nickelfields of Aus reports a viable antimony project in Queensland near St George and Mitchell Rivers. Directors expect a new treatment plant and long term sales agreements. International interest grows as potential partners discuss forming a strong antimony corporation with buyers in France Denmark Germany Japan and the United States.

Nickelfields of Aus Walla Sully St George Mitchell Rivers Green Vie NI Sau Buvery Snsikiners Mt Myers Ad Herraninations Om Scerned Ihe France Denmark Germany Japan United Saratha Ain Amerie

McDowell Store Sells Sydney Outlet to Hooker for $9 Million

McDowells, a Sydney based retailer, will sell its George and King Streets shop to Hooker Corporation for about $9 million. The deal transfers ownership of the flagship store as part of an ongoing expansion by Hooker into central Sydney retail.

McDowells Sydney George and King Streets Hooker Corporation

Commonwealth McDowells Trade and Profit Update

Commonwealth and McDowells will keep trading under store limits with vacant possession not earlier than February 1. The company reported net profit of common value yesterday and said negotiations with Wealth Mining Investments for the sale were cut. Shareholder payout includes a final dividend of per share and a special tax-free amount, with Parkes Development and Finance Facilities involved in the broader settlement.

mcDowells Common Wwealth Mining Fausratial Sydney Jume Finance Facilities Pty Paul Stray Parkes Development Iaronp Mebowells

McDowells Reject Unusual Offer Amid Redevelopment Plans

Unusual offer proposals from Baradeen and another party were rejected by Sir Frank McDowell, who valued McDowell’s shares at no less than $3 each. Plans for redeveloping the George and King Streets site were under independent valuation at 5K million, with a holding company formation discussed for future construction. The board indicated a higher sale price for the site than the earlier figure of 5K million.

Dowells Finck McDowell Frank McDowell George King Streets McBowelts Sentio N Tevet 1 A. Te Hooker Corporation

WMC finds high grade nickel in Kambalda zones

Western Mining Corpora tion Ltd reports a strong exploration quarter with new high grade ore zones near Kambalda. The Hunt Zone about 2000 ft south of Lunnen shoot yielded drill intersections of 5.4 percent nickel between 1307 and 1316 ft and 25 percent and 7.5 percent between 527 ft and 540 ft.

Western Mining Corporation Ltd Kambalda WMC Juan Lake Lefroy Kambalda Central

Ore production updates from mining firms in Western Australia

The report details high grade sulphide intersections near the Juan shoot with nickel and copper content notes, plus ore treated and concentrate production figures. It cites outputs from Great Boulder, North Kalgoorli, Otter shoot, and Nepean mine operations, including tonnages and grades, with plans for future expansion and feasibility studies.

Ineizare Tikh Shuel Gelling Sopper Wenierm Pro- Geraldion Lake Mult Qulley Orelatiaz Perth Nepean Tadwi Kalgoorlie Ay Enter

Civic Permanent Build Society Records Housing Loan Rise

The Civic Permanent Building Society announced a record 5.8 million in housing loans with 2.1 million due in 1968 70 and total advances surpassing 59.8 million as of June 30 1970. The secretary reported lending continued during credit restraint with temporary cuts and available funds increasing for eligible applicants to borrow up to 1 000 for new homes. Government funds for the year grew to 21 million, with total society funds now over 6 million.

Civic Permanent Buildig Society Mov Intolun Civic Permanent New Zealand Hong Kong Cheats Toland Indian Ocean New Guinea Australia Romimates Moesors Sccoumi

Australian wheat export forecast rises to near record

The Australian Wheat and Flour forecast predicts exports to reach about 280 million bushels, with a 416 percent improvement over the prior year. Chairman Dr Allan Callaghan cited strong local consumption, improved handling, and new facilities at Newcastle as supporting a brighter outlook despite black market distortions.

Allan R. Callag Newcastle Lions Callaghan Nsw

Rothmans Profit Edges Up in Dim Year End Report

Consolidated net profit for Rothmans of Australia eased slightly to 322 million dollars for the year ended March, due to weaker demand and higher depreciation. Directors anticipate improved results next year from cost cuts and marketing shifts, with a rise in project earnings and a new long term contract boosting activity in Japan and Australia.

Consolidated Net Rothmans Dall Mall Australia Home Frat Bolting) Ltd Finan- Radio Weason Charm Marketing Fowlers of Caangs i Fowlers Vacoia Many Subfacturing Co Ltd

Sugar quota rise eyed in Australia talks

Australia backs a sugar quota increase under the International Sugar Agreement. Acting Minister for Trade and Industry Mr Sin Lair said yesterday the quota could be raised by about 24,000 tonnes amid ongoing negotiations and ministerial discussions.

Australia Trade and Industry Sinlair

Thiess coal tonnage and prices rise in major deal

Thiess Holdings Ltd reports a negotiated increase in coal tonnage and prices in a long term supply arrangement. The agreement covers large volumes through a central Queensland operation, with 1.5 million tonnes annually for 13 years and a total value of about 00,000 tons per year in a free market framework.

Quoin Wes Thiess Holdings Inter- Ig National Sugar Organise South Blackwater Queens

Chrysler profits rise as restructuring nears completion

Detroit based Chrysler Corporation reported a profit for the second quarter of 1970 after a costly earlier period. Chairman Lynn Townsend said the company had virtually completed an extensive cost busting and reorganization program. The update came as the firm faced financial turmoil and a temporary suspension of Chrysler stock trading on the New York Stock Exchange on June 21.

Detroit Chrysler Corporation Tne Lynn Chrysler New York Stock Exchange

Also Mentioned on This Page

Usiness & Economics Nickelfields Queensland Dana Comny McDowell Store Hooker LJ. Hooker Commonwealth Petrie Street Avic Centre Young Quthwaite Chartered Accountants Ainslie Avenue Canberra City Ord Minnett T. J. Thompson & Partners Sydney Stock Exchange Canberra Act Moresby House London Cables & Telegrams Melbourne Brisbane A. D. Meares & Bishop Syoney Stock Exchange Ltd Ethos House Civic Square Raster Royal Mace FF Ised, Company Baradeen Me dulyeDowells Baradeen Simuser Ratadeen Sir Lindesay Clark David Lynn Ameciea Vy wendy s/mion Jape Jan Tokyo Thess LC Fries Lo New Verms Wil Tift Eale Engineering Sicen) Ltd Wenethude Tsminton Constra Woifl A de Ree Isi Ft A. C. Goode & CO the Automobile Fire & General Insurance Company Limited John M. Rooney Hildren Farsona Canberra Travel Services Pty Limited T Q Travel TATA Civic Permaneet Vale of You Civic Co-operative Permanent Building Society Star Ma Place Pring, Dean Northbourne Avenue Delfast Manges Venson Penton Pate Co-Operative Permanent Lasna Capital Cureton Alc.t. Office Equipment Pty Limited Kembla Street Fyshwick
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