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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

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

Jun 11, 1971

Page

5

Computers Could Take Over Floor Trading

A Senate Select Committee heard that computers may replace the traditional trading floor of Australian stock exchanges. Leaders from the Multistage division at Lesterbourne Stock Exchange discussed the potential shift as automated systems could handle execution and order handling, altering the role of human brokers on the floor.

Senate Transrlanal Lesterbourne Stock Beeshane Aled H. Molony

Reckitt interim payout up again

Reckitt and Colman Australia reports continued interim dividend growth after a 29 percent jump in profit for the six months to April 20. The group declares an interim dividend of 13 1 sent, with notes on earnings and regional performance across Australia and international markets.

Reckitt Dipeetyts Averist Rebaldery al Vigunt Oshiro Wines G. Gramp Sans Pry Lait

Reorganisation plan at Austim 1 for 6 issue offer

Austim announced a one-for-six par issue and takeover offers to minority shareholders in some partly owned listed subsidiaries. The move aims to strengthen corporate structure, raise capital and reserves, and pave way for new borrowings. Offers target Genevieve Holdings, Don Industries, Manwal Underesiting, and Halifax Holdings Australia, with underwritten cash or stock terms.

Australian Industrial and Mining Corporation Limited Austim Tr Re Ae Borny Wings M. J. McAlister Sydney Tagus Ltd AUS One Forests Capical Asia Ranse Sroun Int Genevieve Holdings Ltd Dan Indusiler Limited Manwal Underesiting and Development Lia and Halitax Holdings Australia Rich Ofer Fk Auustlin Fromas Mrowe Ommd Sons Ltd Slater Walker Beeusties Lu Yeseray Valutex Holdings

Burmah's Reef bid raises to 4.69 million

Burmah's Reef directors agree to raise the offer for Reet Oil NL shares to 75 percent of capital, valuing the deal at about 4.69 million. Burrmanh chief executive notes the higher price reflects sustained interest, while Reet Oil shareholders face a conditional acceptance framework and potential adjustments if demand shifts.

Malon Associ Slack Eathangey eAuds Lid Murations Belweuy Zould Mwitianall Altay Finnnel Henry Beery Wriedt Lab Tas Ihey Lee Acces Mojony Serato Ris Mares Reet Oil NL Burrmaty Australian Joffer Amavisana Yeslenbiy Eerie Arsune Ace Realan Reisin Jmr Devi Sara Jand Burronh IOF Mme Excens Ance

Melbourne set to unveil 87 million property project plan

A plan worth 87 million dollars for a Melbourne property development involves AMP Society ANZ Banking Group and Maird line Companies. The project aims to build two 600 foot tall structures plus an international hotel retail complex and car park. It includes offices and a new admin centre near Exhibition Stand and Hamersley Iron deposits in Western Australia.

Melboune Wiete Bonndhey Cole Ing St Hiinder Mekourne Nilest ANZ Bank International Standard

Funds crash investigated amid investor fears and debts

A murky report describes an investigation into a funds crash affecting a group of shareholders. It mentions the Rusiser of Companies and named figures like Louris Whig, with talks of redemption, dividends, and looming losses for about 700 shareholders.

Ug Vicionon Antorney Gienvrat Reiwald Yes Tenlay’ Hut Rusiser Try Musiuad Louris Whig Meir Yes Nto Onda Debs

W W Firm Lifts Profit to 1 8m Amid Mixed 1971 Outlook

Directors of Motorare unified toss carried tail assembled under centrist Producers Ltd report net profit of 1 8 million for the year ending December 31. The previous period showed 256 088 profit with depreciation and losses adjusted, while outlook remains buoyant though volumes and vehicle debentures influence the balance sheet.

Motorare Germany He Company Lindor

Treasury notes price rise and rate details

Treasury notes show a rise in price as debt management issues shift. The report cites issuer announcements and expected adjustments, noting an upcoming May 2% issue price and current yield around market levels.

Treasury Tex

London Noon Profit Rise and Dividend Hints Amid Market Turmoil

A mangled London market note indicates profit rise and higher yields at year end with a potential per cent annual rate. Directors face retirement and restructure plans in Conberea, while figures show a jump to 432,001 pounds in Commonwealth securities and a cautious outlook for the year ending March 31.

Molony Iveraase Titss Rae Interara Ce Tnlmouths Adelaide Isont Interstans Brisbanelteter Melbourne Ry Lee Molonp Wii Wreckaie Aidings Ltd Angelie Fay Fk Air Aulae Ia Vision Conberea Edeuleau Hiriva Sony Yéelds Commonweaith Secur Reni

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