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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

Jul 19, 1973

Page

9

Bright start to new year for CSR and CSR Ltd plans

CSR outlining a strong 1973 74 start with limited ore shipments by capacity and a renamed CSR Ltd. The meeting approved expanding director numbers, retiring allowances and higher directors fees since 1968. Mount Gungee copper ore reserves were added. Sir John discussed Australia’s changing business policies and inflation containment shaping growth and international trade. CSR Chemicals valued around 1.7 million, 1.4 million in 1970, 830 000 and 560 000 in earlier years, with optimism for petrochemicals amid material shortages and less import competition.

Ron Gove Alumina CSR Ltd Mount Gungee South Austra

London BHP at eight forty five Meth pm theea

In London trading, BHP shares moved at 8.45 with market activity cited as meth pm theea.

Japanese assured on mineral sales by Australia

Japanese industry sources say Australia assured private buyers that it would not intervene in negotiations for mineral exports and would respect foreign capital invested in Australia. Sir Lenox Hewitt outlined that new contracts require government approval but negotiations would not be blocked. Trade talks also covered currency issues for long term deals as Japan imports large iron ore and coal from Australia.

Tokyo Aapreuter Australia Saburo Tanabe Nippon Steel Corporation Japan Department of Minerals and Energy Lenox Hewitt Sir Lenox Ioormiemead Tanabe Sir Lenox Bar Tanabe

Poseidon JV to retarget copper aluminium plant output Port Adalside

A new joint venture named Poseidon will retarget production at a recently completed metallic sulphates plant at Port Adalside. ASoleide and Wallaroo Fenilizert Limited will manage operations and coordinate supply chains for the project.

Asoleide Wallaroo Fenilizert Limited Port Adalside Gonae Oe

Wool research funding approved for 1973 74 programs

The Minister for Primary Industry Senator Wriedt announced 12.1 million from the Wool Research Trust Fund for 1973 74. The grant splits into 5 million for wool production including 500 000 for scientific work and 12.1 million for wool textiles and related research.

Wriedt Wool Research Trust Fund

Wool sale prices rise in Sydney market

Prices at the wool sale climbed five percent with Sydney values three percent above the last week of June. The sale opened for the 1973-74 season amid broader market weakness and widespread bidding.

Sydney Wemagpetiner

Meat Board reappoints Dempster and Kerin to board

The Minister for Primary Industry Senator Wriedt announced yesterday the re appoint ment of Mr J P Dempster and Mr J M Kerin as members of the Australian Meat Board. He said the reappointments would be for three years from July Last Land and called for further nominations for producer representatives, though he appeared to accept the industry's re nomination of the two men.

Senator Wriedt J. P. Dempster J. M. Kerin Australian Meat Board Canberra Wriedt Dempster Kerin

Tooth and Co expects record profit at yearly meet

NSW brewer Tooth and Co Ltd expects a record profit for the year, according to chairman G J Cullen at the annual meeting. He noted some sales drop during industrial stoppage, but turnover since March 31 rose. beer sales showed a buoyant 3 to ad increase. Operations were disrupted 16 times in the 12 months to May, with a loss of 150,039 man hours, and last month’s stoppage added about 100,000 man hours of loss.

Nsw Tooth and Co Ltd G. J. Cullen Tooth Industral Action Cullen

Brewery Expands Capacity Amid Rising Costs and Taxes

Waverley and Kent breweries push capacity growth as costs climb. General Manager W J Campbell notes non crippling impact given large stockpiles. directors cite higher excise duties totaling 123 million dollars, 10.9 times net profit. A new brewhouse at Kent Brewery exceeds 4 million and capacity upgrades proceed at Waverley to meet demand.

W. J. Campbell Cullen Kent Brewery Waverley Brewery

Also Mentioned on This Page

CSR Colonial Sugar Refining Co Ltd Aeve A John Sir John Ieee Maeer Chengie John Aasid Sir John Dunlop London Thea Lo Gu Boulder Lotema Meah Slater Woodside Poseidon Wool Research Astra Meat Board Mooloolaba Sunshine Coast Absolute Waterfront Mooloolaba Hotel GOLF Teo Clubs Headlead and Hortin Park Scoets i Ocean Brisbane Bundilla Lakes Nochet Lakeside tSnden Crea A.C Slade Larke Hoskins Mort Street Braddon Leipzig Democratic Republic Leipzig Fair Orbit Travel Services Pty Ltd Pitt Street World Travel Service Pty Ltd William Street Melbourne Hans Lees Travel Service King William Street Adelaide Gdr Buy Divest Foam Ewreere Tweed Valley Fenpeet Gelder
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