Looker decries disclosures in stockbroker underwriter case
Sir Cecil Looker president of the Australian Associated Stock Exchanges says he is appalled by disclosures of a stockbroker underwriter's role in a company prospectus and share dealings. He warns immediate action to prevent further improper newsletters and notes calls for stronger exchange regulation.
MENTIONED IN THIS ARTICLE
Australian Associated Stock Eschanges
Cecil Looker
Tory
Sip Cee
Swee
Formar Woking
T. Martin
Puey Sid Giomex Mines NL
Matin and Company
Cee
Ural
Western
Walla
Owiel SM
Rerent
Marlin
Leo Heens
ACR
Marti and Company
Ual
Industey
Acavs Fretey
Acavs Fretey Larely
Willy Toh, Mariqy and Company
ACE
Hig
Cesll
First wool sale by sample soon
The chairman of EWP announces the planned first wool sale by sample, to be held in Canberra with results to be announced at a press conference. The company, formed earlier this year, aims to bring measured sampling and fixed pricing to the world wool trade, promising new orders and wider industry benefits.
MENTIONED IN THIS ARTICLE
Beonamie
Nod al
Moe
Carepany
Slennieane
Sepember
Sydney
Mel
Soll
Fignool
Eegram
Jeter
Canberra
Mount Isa Mines sets new blister copper record
Mount Isa Mines led a record blister copper output for the year with 109,000 tons cast at Mount Isa, surpassing the prior 1969-70 peak. Chairman We Forts of NLM Hosdings Ltd said the milestone signals a long-term expansion plan including a Townsville refinery upgrade and a target of 150,000 tons per year.
MENTIONED IN THIS ARTICLE
Mount Isa
Mount Tau
Nowattex Mines
NLM Hosdings Ltd
We Forts
Mount Tw
Foulsauld
Jeusto Parent
Mount
Townsville
Shell profit to fall warns of 1971 impact
Shell chairman warned that deteriorating business conditions since late 1970 would seriously affect 1971 revenues as petrol prices rise and costs surge. He cited a 1970 net income of 23.3 million, a 5.13 million drop from 1969, and projected further profit squeeze amid inflation, wage, and currency effects. Shell maintained a major petrol share while exploration and capital expenditure rose.
MENTIONED IN THIS ARTICLE
Shell Proup of Companies
L. T. Progents
Australia
Froggatt
Sal
Tunis
Rsh Suday
Shell
WA Petroleum Ply Lit QA Vel
Boriovn Tstand
Sale of 60,000 Tons Balc Pig Iron to China
A sale of 60,000 tons of baled pig iron to China was announced by a spokesperson for the company amid estimates that the shipments would total 126,000 tons with a further 10,000 tons of steel wire drawn. The price was described as in line with ruling international rates, with the unit valued at about 565 quillion. The deal followed the Canton Fair negotiations.
MENTIONED IN THIS ARTICLE
Broken Hijl Py. Co. Ltd
China
Cana
Merger Plans Hover Over Eldertion Younghusband Groups
Directors of Eldertion and Younghusband discuss a proposed 70 pence cash cross merger. The deal would exchange Younghusband shares for Eldertion stock in a move to rationalise rural activities and hedge against market risk. The proposal aims to settle outstanding shares and unify management under a single entity, with uncertain buyer details yet to be disclosed.
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Eldertion
Youngtuyband
Smith — Galdsbrough
Mart Idd
Young
Hunband Lid
Newuice
Younghusitdl
Nvn
Younghusband
See Gea
Elder Smith Wi
Oping
Ellied Rural Activ
Wwe
As- Seis AC
Am Uffer
Appeyrel
Bond
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