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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jun 10, 1967

Page

9

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.

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.

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.

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.

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.

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.

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.

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.

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.

Australia Alcan Austral Litwheed Australaca D. H. Gosyinge

Also Mentioned on This Page

Fairbaatra Papua New Games Fairbairn Asi Australian Petroleum Co Ile Munbi Feas Reas Se Geman’ Neaduse McCarthy Alliance Acceptance Co Ltd Maniiur Company Avinnem Bailey Arcade Petrie St London Circuit Civic Centre Org Forpomiy Ty0ine Erview Alinga St Ostaire Civic Co-operative Permanent Building Society Limited Fonsaure Aeklos Holt and McMahon Swan Brewery Injterest Mr Holt Smallgoods Mr McMahon Tals Dendy Jg. Maintai Dandy Group Anderson Sausage Co Ameran Austallan Beso Australi Byron Bay Anderson Fonds Sal Atinoupk Promis Darling Ranges Aera Darling Terrof Australis Nauy Caving Cuberantial Queensland Ilumias Gla Ione Iso Weipa Canberra Sluminium Pe, Ltd Coum Piace Cary Hull Kure New South Wales Mobil Petroleum Refineries United Uranium United Uranium NT Ilina Ren Knitman Ertent Roma Americh Peivnus Evelyn Ailver Fries Overseas Coro Australis Baia la Manuka C- Union Accounting Services Dorear Strait South Melbourne ORD Minnett T. J. Thompson & Partners Mowhare Sydney Lock Exchange Ganberra Carles Orderley Eldon Syoner Melbourne Brissane A.D. Meares & Bishop Sydney Stock Exchange Petrie Street
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