Battle for Miller Holdings Sees Stock Exchange Delay
The R. W. Miller Holdings control struggle intensified as the Sydney Stock Exchange said it would not lift the share suspension until litigation concerning the firm is resolved. Ampol Petroleum and Howard Smith joined the fight with offers and maneuvers to gain majority control, while board members faced large share placements. The exchange maintained the blackout, delaying actions while parties clash over ownership and strategic moves.
MENTIONED IN THIS ARTICLE
R. W. Miller (Holdings) Ltd
Sydney Stock Exchange
Miller's
Ory
Walt
Ampul Petroleum
Hound Smith
Ant
Amp
KR “Tiller
Howard Smith
Miller
Howessel Smith
Sydney
Caution over the small rise in CPI June quarter
The 0.97 percent CPI rise in the June quarter alarms economists as unusually low compared with recent quarters. Treasurers warn that food index shifts and wool price swings influence the figure, and that housing costs and wage cases may affect future inflation readings. The note points to meat, potatoes, and beef export effects as short term factors shaping the index.
Good Year For Car Assembler Profit Rises In 1970
Motor Producers for the Australian subsidiary Volkswagenwerk AG at Courmany Hibed reports net profit of 2.0639 million after tax losses carried forward reduced to 5.2 million. Directors cite 945 Volkswagens assembled and higher sales despite unfavourable marketing conditions. They note extended Nissan Australia contract and possible Datsun plant in Australia, while criticizing premature government regulation changes and detailing non-operational losses and asset provisions.
MENTIONED IN THIS ARTICLE
Volkswagenwerk AG
Courmany
Hibed
I?bie
Nissan Motor Co
Australia
Travelodge Australia bid edges ahead of forecast
Southern Pacific Pro pertes Ltd, seeking a Travelodge Australia stake, shows six month profits well above forecast. The Hong Kong based developer reports an unaudited net profit of 51.69 million dollars for the half year, vs 1.92 million for the prior year. Indications point to the offer being declared free of the 40 percent minimum acceptance by month end.
MENTIONED IN THIS ARTICLE
Southern Pacific Propertes Ltd
Travelodge Australia Ltd
SPP
SAT
Unigate Australia bids for White Crow as profits rise
Unigate Uaigata Australia Prev Ltd, connected to Brush and British Unigate, reports a 901 percent profit jump to 315 008 for the year to March 31, up from 145 657. It offers 75 cents per White Crow ordinary share and 2 dollars per preference share in the takeover.
MENTIONED IN THIS ARTICLE
Uaigata Australia Prev Ltd
Eters
Melbourne
Tomate
White Crow Ltd
Unigate Australia
Milk and Food Group
Unigate
White Crow
Insurance firms face overseas shift under Australian control push
Australian Insurance Association president Mr R A Catley told Canberra lawmakers supervision of shareholder distribution is vital to keep Australian control as overseas interest expands. The association urges limits on foreign entry, requires risks be offered domestically first, and notes government instrumentalities send much business overseas.
MENTIONED IN THIS ARTICLE
The
Australian Insurance Association
R. A. Catley
Canberra
Catley
Mercantile Mutual Group of Companies
Senate
MLC Insurance Company
Association
I. K. Stavely
Oppai
Murphy
Australian Wheat Board
London
Victorian State Electricity Commission
No 2 BHP mill at Newcastle unveils new cooling bed
The 2901 double throw cooling bed at the 28 million No 2 merchant mill at BHP Steelworks Newcastle is described as the largest and most modern. It features verrontal rolling stands and guides rolled product onto the cooling bed at speeds up to 3000 ft per minute. Adjustable notched racks move the bar across the bed in 64 or 32 movements depending on bar size and the bed must deliver the bars to the next stage.
MENTIONED IN THIS ARTICLE
BHP Steelworks
Newcastle
Minerals Mining eyes Broken Hill South Mine revival
Minerals Mining and Metallurgy Ltd of Adelaide aims to restart the lead zinc silver Broken Hill South Mine. Chairman Peter Vodic says the firm has submitted a writs purchase offer and would seek finance through lenders if BH South directors accept. The group expects fewer staff than the prior 614 miners and warns overheads could be lower. Further talks would follow if the offer is accepted.
MENTIONED IN THIS ARTICLE
Minerals Mining and Metallurgy Ltd
Minerals Mining and Metallurgy
Peter Vodic
Vodice
King
Adelaide
BH South
Metals Mining
Wedie
Adveriatag Notice for Insertion in The Times Office
Classified notice fragment informs readers to submit insertion requests before 7pm and to verify birth death and funeral details. Phase 4FO0KK advert space guidance mentions Canberra messages and telephone advertising space at The Times office.
MENTIONED IN THIS ARTICLE
Insurtion Fm
Iba
Canberra
Times
Telenhone
Also Mentioned on This Page
Business & Economics
Nor
Mr Snedden
Wes
Bae
Snedden
Consumer Price Index
No O
Tokyo
Dusin
Austalia
Wft Incut
Woodside
Poseidon
Taamainen
Westies
Dolla Premiem
Autracion
Southern Pacific
Broken Hill South
Directors of Minerals Recovery
Australasia
MRA
Partnership Pacific Ltd
G. W. Grimley
Grampians
Sugarloaf
Foleystin
Nsw
Canberra Times
BALE
Ponta
Amalie
Education
Chic
Jota Civic
Glover Curtin
Deakin Dickson Fisher
Coan
Grvffiin Hackett Higa Konuston Lyons Lymeham Marquar Wankean
Queanbeyan
Sneerer
Shane Aisi
Airport
Aranda
Kiule Chitney
Peter's
Fond Store
Look
Farrer
Ryeheick
Amd Molgagio
Nick's
Canarahe
Paragon
Hughes
Pertion Cort
Mascot Alepod
Toth Fairies and Sons Ltd
Hunter Street
Wearattle Town Hall
Central
Manly
Melhweree
Lederman's
Collins Street
Southern Cros
Collins Hook
Swanston Street
Mittra
Rourke Street
Fone Kink
Coltin Street
Mecilie
Elizabeeh St. Flinders Street Railway
Tallamering
John Fabian and
Sona Lid
Annie
Nclew
Srey
Marninerald
Austrola Financial Sydney Son
Sun-Herald
Piz
People
Dolly
Surfisg World
Australis
Hertage
Electronica
Arttraile
Canbera
Ews
Oseld
Aboure Agaberps
Neetele
Pyarwick
Onsansky
Gusta Koninsky
Motonglo Street
Andever
Rave
Pasmek
Braddon
AFDUA
Canberra Avenue
Kingston
Canbena Funeral Directors
Sedan
Cuntwina Avenue
Kineston, Ustein
Jean Sonatle Meleonan Sma
St Columba's, Braddon
Norwood Park
Ambert
Cecil Ralph
Rumble
Edward
Cathrine
Mary
Lola
Colin Case
Walder
Arte
Jamison
Sader
Alii
Blackwood
Terrace
Jeaman
Phillip Ave
Rew
Edkins St
Downer
Downer Oval
Durack St
Harman Area
Cross Fox Dig
Brodie
Baxter
Robyn
Pool
Sra
Simone
Can-Queanbeyan
Denham
Chrnnie
Bernie
Kylee
Michelle
Jeremy
Longden
Bronsven
Jim
Sophie
Rogersinee Baker
Margaret and Barry
Sean Barry
Niising
Barton House
Hackett
Rivett St
Scholtens
Nee Fitzsim
Irene
Paul
Lan
Morgen Cres
Frances Clare
Con
Scullin
Stuart
Nce Minechan
Yvonne
Ross
Schick St
Yarrahumla View
Aclinda
Linton House
O'Sullivan St
Dan. Higgins
Berra Hospital
Charles St. Kingston
Ryan
Graeme
Mum
Sue
Ken
Federal Capital Press
Pirie Street
Fyadwick
Imilson
Taylor
Lance
Joyce
Konsansky
Gusavy
Molongla Street
Theresa
Judith
Georgina
Rip
Tareer
Saleas & C. Marchant
Lic
Northbourne Ave
Campbell
Furn
Phillip
Marchant
Rivett
Spey
Mawson
Swinger Hill
TERS
Jean Senger
Bunda Street
Canberra City
Rtnside
Allen
Sort and Partners
Banda
Citer
Lyons
Stat Narrabundah
K. G
Curtin
HO Donnell
Waramangat Immac
Duplen
Richard Watkins
Apaly TE
Woodger and Sons
Monaroh St
Leasant
Fiat
Jerdan St
Mawson Oor
Brm
Queanbeyan, Warehouse
Osbtrz
Griffith
Red Hill
Fyshwick
Scotts Realty Pty Ltd
Maitland House
Allen Curtis and Partners Pty Ltd
City
Barton Court
Parliament House
Ken McCarthy
M.S.L.D.A
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