Australian dollar moves spark calls to sever US link
Melbourne held discussions on breaking the link between the Australian and US dollars. Johnston argued devaluation and US currency issues justify independence, noting a 6% Australian dollar drop recently. Stanistan warned against overreaction while stressing national resource emphasis.
MENTIONED IN THIS ARTICLE
Melbourne
J. Campbell Johnston
Jonnyton
Jonnsort
Tohnstan
Holdings Rise in Gold Reserves Amid Slow Weekly Gain
The Reserve Bank reported a $3.3 million increase in gold holdings for the week ended June 20, the smallest weekly gain since the late April uptick. By comparison, holdings rose $261 million in the week ended June 13 and $186 million in the week ended June 6.
MENTIONED IN THIS ARTICLE
Reserve Bank
Olympic Mylex Agree on 40 Million Cable Merger
Olympic and Mylex announce a 40 million merger to form a new cable group. The combined entity will own plants in Victoria and Queensland and continue four factories at high production levels. The deal aims to cut costs through scale, expand domestic and international markets, and integrate cable technology across the two firms.
MENTIONED IN THIS ARTICLE
Marke
Sunett
Eas
Daly
Lida Chymate
al Towerhars
Victoria
Geebung
Queensland
Tewie
Lowes Ltd Plans 1 for 1 Bonus Issue at Annual Meeting
Directors of Lowes Ltd in Sydney announced a one for one bonus issue at the annual shareholders meeting. The new shares will rank equally with existing shares. They forecast a minimum 9 percent dividend on increased capital through February 1978, with total dividend for 1974 at 9 percent. Chairman Mr S Lowe said despite liquid position, funds were needed for improvements to freehold property and rising business costs, including salaries wages and rates.
MENTIONED IN THIS ARTICLE
Lowes Ltd
Sydney
Exist Noa
Nue
Apa
Lawes Ltd
S. Lowe
Fadt
SHARE OPTIONS TRE Tie Set Atinet Bearer Opt
A brief item notes share option decisions linked to a TRE tied square set by a bearer option. The report highlights corporate actions affecting stock plans and potential voting outcomes within the board’s agenda.
Tomlinson Takeover Emerges in Westate Offer
Westate Trestries Ltd Westie offers 14 million dollars for all Tomlinson WISS260 shares. The bid, funded via Samford Securities Ltd, targets a long speculated takeover due to the company’s erratic performance and unclear assets, with the deal pending due diligence and financing clarity.
MENTIONED IN THIS ARTICLE
Tomlinson Steeld
Westate Trestries Ltd
Westie
Western Australia
Eat the
Tomlinson
Appliance boom hits production in Australia
The Commonwealth Bureau of Census and Statistics reports a major consumer boom in electrical appliances. May quarter production is mostly 30 percent above previous levels, with washing machines up 34 percent and radios and televisions near 1972 levels. Rotary mowers are down. The surge highlights durables strains on the Australian retail sector.
MENTIONED IN THIS ARTICLE
Canberra
Commonwealth Bureau of Census and Statistics
AWA
Tellegeratore
Radios Ast
Tele Nios
Australii
Australian to head Honeywell Pty Ltd
An Australian, Mr Py Fi Myles, has been appointed managing director of Honeywell Pty Ltd, the Australian subsidiary of Honeywell Inc. He replaces Mr Fesin who has been elected to see ad Honey oecate, while Myles previously directed finance. He is a member of the Institute of Chartered Accountants and the Australian Society of Accountants.
MENTIONED IN THIS ARTICLE
Py Fi Myles
Honeywell Pty Ltd
Honeywell Inc
Fesein
See
Myles
Beeq
Binayea
Fae
Tolaog
Rennes
Daria Myles
Institute of Chartered Accoumtusis
Australian Socety of Accountants
Asaplae
Pater W. ‘Sigeners
Divatom
Hower
Honeywell
Control Data wins taxation contract in Canberra bid
Control Data Australia Pty Ltd secured the first major contract from a Commonwealth department under the Labor Government, worth 2.4 million dollars for a dual processor Cyber 72 computer system to equip the Taxation Office. Treasurer Crean announced the Tender Board decision amid intense pilot programs over the past two years targeting South Australian taxpayers.
MENTIONED IN THIS ARTICLE
Control Data Australia Pty Ltd
Commonwealth Department
Crean
Commonwealth ‘Taxation Office
Exhaus Lively
Mr Crean
Three levels of languages in computing basics series
In the ongoing series on computing basics the article discusses three levels of languages. It notes revisions to running facilities and mentions programming languages such as FORTRAN and COBOL. The piece references ongoing work in examples and tooling within the field.
Bell Bros Cuts Back on Staff and Equipment
Bell Bros, a Perth based mining group, says it is cutting staff and reducing surplus equipment as part of a push to improve profitability. In a letter to shareholders, managing director L Fletcher said reductions have been made and sales of surplus assets are expected to total over 2.9 million this financial year. The company attributes the cuts to overdependence on contracting and anticipated closures in mining operations in Western Australia this year.
MENTIONED IN THIS ARTICLE
Xudies
Acess
Maren
Nylex
Girlo
Mylex
Olympic
Nubailiares
Olympic Caley
Ean
Foday Ik
Mit
Annival
Feilersi
Moldin
Jomerare
L. Gi) Flecher
Whareholders
Ed Conte
Curras
Atowsth
Ieresty
Bell Bros
Western Australia
Swan Brewery Annual Report Details 5.6m Spend
Swan Brewery Co reports 5.6 million pounds spent in the year on plant and improvements, with construction and additions to the brewery. It notes a prior net profit around 34,000 pounds and a 13 percent dividend payout, reflecting a successful year despite rising costs.
MENTIONED IN THIS ARTICLE
Swan Brewery Co
Colonial Suen Refining Co Ltd Plans CSR Name Change
The Colonial Suen Refining Co Ltd announces a corporate rebranding to CSR. The plan seeks to simplify the name while preserving corporate identity and operations amid ongoing market adjustments.
MENTIONED IN THIS ARTICLE
Colonial Suen Refining Co Ltd
CSR
Tariff Board station upgrades with Canberra modem system
The Tariff Board in Canberra installed new keyatation con nested by APO modems to the GCS 2100 keydisotape system used on service by EDP Accessories (ACT) Pty Limited at Fyshwick. ADP manager Mr John Newman stated the Tariff Board would retain confidentiality of the data at the time of processing.
MENTIONED IN THIS ARTICLE
Tariff Board
Canberra
EDP Accessories
ACT) Pty Limited
Fyshwick
John Newman
ADP
Man apologises to witness in Parliament House blast case
The ACT Supreme Court heard Peter Bernard Wood face charges tied to a explosion at Parliament House. Witness Eric Burke, who was near the blast, testified details of the incident. Police Constable McFarlane said Wood had been seen near Parliament House prior to the explosion and had left items at the foyer. The court adjourned the trial with Justice Connor reserving judgment and another civil damages case continuing, while Wood lacked representation.
MENTIONED IN THIS ARTICLE
Parliament House
Agba
ACT Supreme Court
Peter Bernard Wood
Justice Connor
ACT
Conatabie R. M. McFarloane
Mr Wood
Wood
Boldieu
McFarlane
Jett Ghee
Paige
Poe
Deoken & Glite Door
Atemgn
Kinge Mall
Gage Bins
Stind
Senate
Tasmania
Ated
Mc Wood
Airman Fined in Canberra Driving Offence Case
Airman Leblowic Sylvin of RAAF at Fairbairn was fined 400 dollars and had driving licence suspended for six months by Mr Dobson. He faced charges of driving under the influence and failing to give his name and address. He escaped custody and later travelled to Brisbane before returning to Canberra without leave. He was fined an additional 300 dollars and penalities included 38 days for related offences and 25 dollars for refusing to provide name and address.
MENTIONED IN THIS ARTICLE
Leblowic Sylvin
Raaf Bute
Fairbairn
Dobson
Can Brea
Il Palentan
Arning
Afi
Brisbane
Canberra
Wollte
Schoolboy sues teacher for damages after ruler assault
An Australian schoolboy sues a Toomba teacher for personal injury claiming a ruler struck him during a May 1567 mathematics lesson. Alan Donaldson testified the incident caused ongoing pain and swelling, with the case proceeding before a four man jury.
MENTIONED IN THIS ARTICLE
Sydney
Toomba
Donaldson
David John Ban
Kaloombe + School
Leslie Kenneth Downes
Bees
Murder charges in custody after wake for legal aid
Fragmentary report notes murder charges against several individuals in Canley Vale area. References Mr Farquhst and Mr Aubre Joh, with mention of a waking and in custody status. Details on victims, location, and charges are unclear due to garbled text.
MENTIONED IN THIS ARTICLE
Aubre Joh Ever Sho
Canley Vaie
Farquhst
CIM
Boy 14 Remanded After Siege at Coolibahout Nation
A 14 year old boy was remanded in Mount Isa Magistrates Court after a siege at Coolibahout Nation, about 120 miles north of Mount Isa. He appeared in court today and was remanded to the care of the Director of Children's Services until August 28. Police alleged he fired a shot during the incident amid an attempted intrusion.
MENTIONED IN THIS ARTICLE
Brisbane
Coolibahout
Mount
Fragmented OCR Headlines Spark Local Confusion
A garbled OCR passage shows mixed fragments with names and phrases that resemble a legal or civic notice. Readable elements include scattered personal names, place-like words, and quotes but no clear event or action. The fragmentary state makes precise summary challenging.
Death of Former Newspaper Executive
Obituary notes the death of a former newspaper executive and council member with ties to the Abcatra ian Newspapers Council. Survived by three daughters and his wife Taay Dumas. details are fragmented.
MENTIONED IN THIS ARTICLE
Abcatraian
Lloyd Wat
Toara
Tulevidew
Ara
Jee Bishos
Uaill Tisoino
Hite
Taay Dumas
Diag
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