Harbourside reports copper assays in Northern Territory
Rerouble Of NL reports copper assays up to 7.96 percent over Stt frons diamond dill near Redbank in the Sandy Fist area NoI on the Northern Territory. The company says holes completed and drilling continues under a joint Nomtaire agreement with Westmoreland Minerals Ltd and Menaim.
MENTIONED IN THIS ARTICLE
Sandy Fist
Redbank
Northern Territory
Westmoreland Minerals Ltd
Menaim
Blyth
Omic Servier
NZ Airways Annual Plan Highlights and Profit Figures
NZ Airways report tabled in Parliament shows payroll pay of 5163,350 for the year ending March 31, 971 and the year ended March 1970. Operating profit after depreciation was 1,105,553 with interest payments of 1,080,199, saving 25,354 before payroll. The report notes gravity slowed in the past 12 months.
MENTIONED IN THIS ARTICLE
Wellington
Airways — Corporation
Tas
Toviay
seotMe Grovity
Three firms form new life insurance group in Australia
Three Australian insurance companies have joined to form Federation Manufacturers Life Assurance Ltd. The new entity will operate independently, with a board of six directors from the three firms and initial capital of 3 million pounds, plus a proposed up cap of 15 million. Sir Lewis Burne named chairman and Wilton, formerly general manager of Peterson Insurance Ltd, appointed general manager.
MENTIONED IN THIS ARTICLE
Feflesaion Manufacturers, Assurance 0 of Australasia Ltd
Sill Incat Pormie
Federation Insurance Ltd
Tisuranes Ltd
Mutat Insuirnnec
Silt Continus
Federation
Life -Asanr
Federation 1
Lewis Burne
Yesterdaydig
Tte Wilton
Weneral Manaer
Peterson Foworance Ltd
Smanager
Federation Manufacturers
Brings Net Profit Down Payout Up For Brings Ltd
Consolidated net profit fell from 382,570 to 309,324 in 1970 while Sapa profits rose to 297,585. Basic dividend increased to 12 percent and the fully franked dividend rose to 35 percent, lifting the year’s payout to 50 percent from 40 percent in 1969. Market value of investments as of December 31 stood at 2.3 million, down from 64.8 billion earlier, with Poseidon’s market value dropping. Chairman Mr B A Ganke noted Poseidon’s valuation shift and the proposed 30 per share offer for Poseidon. Patrick Corporation to acquire a further 20 percent of Patrick Intermarine Australia, raising its stake to 58 percent. Mare The company posted a 223,687 loss for the period, against 193,073 profit in 1969. Substantial changes followed in the Jam and related entities as new directors and divisions align.
MENTIONED IN THIS ARTICLE
Brings Ltd
White Sapa
Cosi
Tithe Comsiderade
Patrick Corporation
Patrick Intermarine
Australia
Marfleet and Welgat Ltd
Hay Mites
Flere Subsuientia
Joss
Mare
Pliny Ltd
Patrick
46 Corporation Ltd
Moneyer
Patrick Year
Acceptances Ltd
Immrkel
Phisicke
Katherine
Northern Agricultural Development Corporation
Fivequsar
Willerno
Townsville
Mil
Escaline
Fort Roper
Roper River
Extherine
Shane Cooden
Richard ‘Condon
Nonihmeat
Katherine Meatworks
Burmah to take controlling Basin stake in oil deal
Burmah Oil Group bids for 75 percent of Basin Oil NC with an $1.2 million placement through Autmah Australia Exploration. The move would give Burmah effective control of Basin and influence over Patchawarra gas projects in South Australia, while Basin remains a partner in Patchawarra. The plan could shore up Basin finances and ease funding pressures, though Burmah says a full takeover offer is not yet opportune.
MENTIONED IN THIS ARTICLE
Burmah Oil Group
Basin Oil NC
Theompany
Burmah
Patchawarea Furmentara
Sydney
Baymah
Red Oil NL
Burrmah
Basin
Patchawarra
Burmat
Autmah Australia Exploration Tiy Lil
Burmyam Bee Tore Apy
David Floyer
Burmah Australia
Puthawarra
America
Katherine
Tabu
BHP to Spend 453 Million on Whyalla Expansion
BHP announced a 453 million expansion at Whyalla steelworks to lift annual structural and universal sections output by about 24 900 tons. The upgrade includes a new stacker bed and a nearly finished walking beam coking bed, with plans to shift production of Whyalla sections to Queensland and New South Wales to meet high demand and improve on time delivery amid coastal port unrest.
MENTIONED IN THIS ARTICLE
BHP
Whyalla Steelworks
Whyalla
Veryigh
Queensland
Newcasde
Sydney
Melbourne
Adelside
Liquidation Deferred for E A Marr Industries Ltd
At an informal creditors meeting for E A Marr Industries Ltd a McDonald Industries Ltd subsidiary, it was resolved not to liquidate the company now. A committee of executors will be appointed to act for creditors. Mir B Henderson and Mr Grimble represent Creditors Finance Ltd and National Mutual Life Nominees Insurance Ltd. A 34c in the dollar dividend may be paid on forced realisation of assets.
MENTIONED IN THIS ARTICLE
E. A. Marr Industries Ltd
Jay
McDonald Industries Ltd
Mir B. Henderson van Spainted
Mer~ Credits Finance
Fe Grimble
National Mutual Tile Nominees Insurance Ltd
By Law Changes on Cornering in Srey Staak Exchange
The article outlines a new by law allowing settlement committees to set delivery terms and prices for unsettled contracts. A three member committee appointed by the stock exchange may arbitrate disputes and enforce terms, with both parties agreeing to the process and its outcomes.
Overseas borrowing rises amid easing credit conditions
The National Bank of Australia Ltd notes increases in overseas borrowing as domestic credit tightens. It cites a loosening of eurocurrency markets and growing use of euro-dollar financing to counter seasonal strain, with several Australian firms tapping European capital markets for loans.
MENTIONED IN THIS ARTICLE
National Bank of Australasia Ltd
Alto Mare
Austria
Loomer_or_later meus
Attack on attitude of Senate hearing
Former chairmen of Angus and Roberts Sir Normin Cowper criticizes the Senate Select Committee on Securities and Exchange for bias and preconceived ideas. He accuses the executive of presenting information in a biased atmosphere and says statements before the committee were not true testimony.
MENTIONED IN THIS ARTICLE
Senate
Senate Select Committee On Securities and Exchange
Angus and Roberts
Normin Cowper
Oir Cyorman
Jin
Sydney
Tuneheon T
Institute of Dirkes Voce
Australia
Ralim Plans 1 for 4 Share Issue in Sydney Property Funds
Ralim Properties Li Sydney announces a one for four issue of 210,000 50c shares at a 3c premium to fund its property investment portfolio. Divestors say the issue targets selected financial institutions and is expected to be widely written by the Development Finance Corporation. The new shares will not rank for final dividend. existing shares carry July 3 dates.
MENTIONED IN THIS ARTICLE
Ralim Properties Li
Sydney
Eveloper
New markets urged by Victorian farmers to the federal government
Victorian farmers called on the Federal Government this week to begin an income search for broader markets in Asia, the Middle East, and the Caribbean with focus on new export opportunities and diversified trade paths.
MENTIONED IN THIS ARTICLE
Asia
Middle East
Melbourne hosts world trade centre bid progress
Melbourne Chamber of Commerce announced approval of Victoria’s World Trade Association membership and outlined a plan for a 150 million world trade centre at the Victoria Market site. The project included an information bank computer network linking all trade facilities and banks with shipping, customs, and display rooms.
MENTIONED IN THIS ARTICLE
Melbourne
Melbourne Chamber of Commerce
Victoria
Wan Aade
Roomie
Wea
Katherine Town Growth Amid Northern Australia Expansion
Katherine's population surged 28.82 percent yearly from 1966 to 1970 amid regional development. Mining, meat works, and new communications boost infrastructure including a major exchange, and a large agricultural push with Willerno and Roper River projects. The NT housing plan commits funds while labour and supply strains persist in this expanding frontier town.
Fragmented OCR Summary of Unclear Share Options
unreadable OCR fragment mentions names, numbers, and terms like share options and double events. There is no coherent event, person, date, or organization clearly identified to form a factual summary.
New Zealand Dairy Official Criticizes Trade Policies
AAP reports New Zealand Dairy Basin official Francis Galc condemned world powers for maintaining severe protectionist dairy import policies. He urged reforms to ease cross border dairy trade and boost global cooperation.
MENTIONED IN THIS ARTICLE
Avellington
New Zealand
Francis Galc
Australian dairy board chair raises market prices
Report notes Weeral ee tralian owner on Bene iin market increased by 140 to 948 per ton for Dot Bulls and packet types. Mr B&G, chairman of the Australian Dairy Produce Board, announced today that the price uptick was approved after market discussions.
MENTIONED IN THIS ARTICLE
Agh
EL Bourne
Thurs- Weeral Eetralian
B&g. Hater
Australian Dairy Produce Board
New partner announced at Constable and Nain firm
The Sydney Slack Exchange reported that Ronald Jammy Cabbie was approved as a partner in Constable and Nain. Cabbie will emerge as a partner thinning from Joly.
MENTIONED IN THIS ARTICLE
Sydney Slack Exchange
Ronald Jammy Cabbie
Constable and Nain
Cabbie
Joly
Also Mentioned on This Page
Business
Bridge Oil
Tridge
Aurora Minerals
Target
Exeloration ‘Consortium
Bas
Simplen
Sout Austral
EPPYS
Ft Te Great Australian Bight
South Australis
Me Lyell
Ant Railway Company Ltd
NZ Airways
Mr Wilson
Poseidons
B.A. Ganke
Garike
Poseidon
Marfleet
Pothhawarra
Gooper Basin
South Australia
Bain
Ko Rail Steel
Clare
Qantas
Abbey Engineering Pry Lot
Springvale
Vision
Hraty Engineering Manufacurers
Lect
Weight Lid
Pekani Wallsend, Ltd
Erle
Emesis
Alcan
Network of Control
Norman
Institute
Magnus Cormack
Mageep Mindy
Ralim
Katherine &m
Ayer
Darwin
Alice Spriggs
Peko- Wallsend
Hutuy
Athedae
Nakihem
NT Housing Commission
Butte
Errol Simper
É Darvin
SE Catmentaria
Gul
Mexico
Daluety Ltd
Cam Barwin
Priotary Tengo
Namestirorky
Eutherine
Henry
Kate Hhetine
Adelaide
Sro
Brisbane
Whit
Catslemen Aire Digeovesings
Auasie von
Alize
Hecause
Abtel
Eballons
Gli
Ornen Pannens
Cal
Flinders Min
Abe
Woodside
Vetue
Manuf
Personal Lab
Canberra Accertan? Corporation
Prg
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