ICIANZ earnings lift in half year results
Imperial Chemical Industries of Australian and New Zealand Ltd shows a group net profit rise to 3,265,000 with external sales at 145 million and a 8,765,000 increase over the prior period. The board approves a new ordinary dividend and notes substantial plant investments and currency of earnings per share.
MENTIONED IN THIS ARTICLE
Imperial Chemical Industries of Australian and New Zealand Ltd
Icianz
Tir
Sarpmendaons
Aia
Hanger Cangeliy
MCA
eSane
Cok Niet
Emss Tea Notary
Nsw
Majny Produsts
Capital flows to Australia face new regulatory forces
The article notes that capital outflow restrictions from the US and UK are strengthening, threatening to keep over 100 million dollars at home in Australia. It cites 1965-66 total investment at 3641 million, private overseas investment at 64 million, and a 23 million gap with public authorities paying up. It also mentions Canada’s inclusion with the US for investment via Canadian subsidiaries of US firms.
MENTIONED IN THIS ARTICLE
World Finance
O Australi
Canada
Australia
Kiwi issue opens and closes public float
Kinji’s public float opened and closed fully subscribed at 10 o'clock yesterday morning. The public has been offered two million one dollar ordinary shares in the new company Kiwi Unters national Co Ltd. This represents 20 per cent of its issued capital of 10 million. The balance of the capital is held by the Ruosay family, who have run the business since 1906. The publicly held shares were issued at 2 shillings per share of 20 cents each. At this time the 7 per cent dividend rate resumes yielding 7 per cent. Tan Poller and Co were brokers to the issue, which was underwritten by Australian United Corporation Ltd.
MENTIONED IN THIS ARTICLE
Kinji
Kiwi Unters National Co Cid
Eapiwt
the -Ruosay
Tan Poller and Ca
Ise
Lavderwritera
Australian United Corporation Ltd
Holt and McMahon press US to ease trade barriers
Australian Prime Minister Holt urged the Johnson Administration to relax economic barriers harming Australia. In a major address to the Australian Association in New York he called for easier application of the interest equalisation tax and an end to the perceived raw deal on Australia wool shipments to the American market.
MENTIONED IN THIS ARTICLE
New York
Aap-Reuter
Holt
Australia
Americans Australian Association
Johnson
Swan Brewery profit rises to 2.165 million in year
Swan Brewery Co Ltd Perth brewer and hotel owner reports net profit growth from 31.8 million to 2.165 million for the year ending March 10, amid global market pressures and anticipated US restrictions on soy shipments and related products affecting Australia’s trade balance. The firm notes strong earnings from its New Zealand unit and plans capital expenditure and an interim dividend.
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Swan Brewery Co Ltd
Gifted Group
Pan
Austral
Holt
Australia
Canada
Ean
Leila Teamtente
Australla
Staunichar
Princ
David Rockefeller
Pecan
Matin Bayi
Roger Blough
Clinton
Particuliarly
Ansious
Ganiair
Fiult
Armell
Johnshnne
Lomacinis
Texas
Pseker
Taubmans
Ang Rae
Hemi
Linance
Tankmmany Tindustries Ltd
Sia Milton
Imlexpapalon
Cohen
Eric Bond Paca
Nulfsyest
Marchlordinary Ividend
Krnel
Duride Milling Research Board
Ireclars
New Stone Exchange Yexler
Yankee Chine
Jsannys
Toltoweel
Wrvters
Exme
New Zealand
Australian Bacon Ltd to issue $1 shares at par
Smallgoods moves to relaunch capital with a plan by Mr McMahon for Austentian Bacon Ltd to issue ordinary shares at par value of one dollar per share. Time restrictions relaxed may enable faster processing. The move signals expansion and capital raise strategy.
MENTIONED IN THIS ARTICLE
Austentian Bacon Ltd
Company reports steady earnings amid market slowdowns
Company executives outline plans to maintain current lending rate near one percent amid ongoing market challenges. Directors say strategic adjustments will support profitability while preserving capital. The firm remains Australia’s large supplier of goods, with expected continued growth under existing brands and leadership.
Dandy group buys Anderson sausage co
A.Dandy group acquires Anderson processed foods and related units from Anderson Mest Industries Ltd. The deal includes subsidiaries Anderson Processed Woods Pty Ltd and others. Mr McMahon addressed the American Chamber of Commerce at a luncheon, stressing shifts in US Australia trade and balance of payments. He noted US tariffs on wool, Australia’s capital outflow, and hoped for improved bargaining amid drought and export conditions. The forecast mentions wealth tied to Darling Range, Weipa, and plans for the refinery at Gladstone.
MENTIONED IN THIS ARTICLE
Anderson Mest Industries Ltd
Sap
Anderson Processed Woods Pty Ltd
Mater Nf
Dandy Smalle Gonds
Australa
America
Austalia
Strivilona
McMahon
Harity
Australia
Mobil profit dips as Australian oil group reports year losses
Mobil Oil Australia Ltd posts a fall in net profit from 4.99 million to 3.08 million for the year ending December 31, with the directors citing high crude and tax rates. The report notes overseas investments and reduced dividends amid deficits in the current account and rising import costs affecting earnings.
MENTIONED IN THIS ARTICLE
Mobil Oi Australia Ltd
Eton
Sta Baerel
Dreelon
Amurien
K. Flagg
Aden
France
America
Amery Rowhand
Els
Lf Bow
Indischairman
Maden
Austra
Dilleslaines
Saillion
Bright future predicted for aluminium in Australia
Me D. H. Gosyinge, general sales manager of Alcan Australia, said yesterday that Australia could become one of the Free Worlds feuding suppliers of aluminium ingot within 10 to 15 years, outside of existing North American sources.
MENTIONED IN THIS ARTICLE
Australia
Alcan Austral
Litwheed
Australaca
D. H. Gosyinge
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