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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
W. J. Campbell
Cullen
Kent Brewery
Waverley Brewery
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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