Amalgamated Chemicals faces bigger bid battle for shares
Continental will offer 140 cash per share and seek 68 percent acceptance, up from 120. Dow Chemical increases its payout to 180 per share, citing shareholders’ best interests and the company’s expansion. Amalgamated’s president Shafer says Continental aims to strengthen fertiliser lines and open access to key Australian sites.
MENTIONED IN THIS ARTICLE
Continental
Dow Continental
Condiane
Origi- Company
Tiveredty
Continental of
E. L To
Shafer
Fer
Sai
Endeavour
Thais
Australia
Big scale buying lifts SYDNEY stock on exchange
Frida Cals Ltd rose strongly on the Sydney Stock Exchange today as broad buyer support pushed shares higher. Investors watched gains across sectors, with confidence broadening after steady demand and favorable trading flow.
MENTIONED IN THIS ARTICLE
Sydney
Fridacals Ltd
Sydney Stock Exchange
Stock option trades show Dow Chemical takeover action
Day's stock dealings center on Amal Chemicals and Dow Chemical moves amid a wave of option activity. Amal Chem edges near 141 while Dow buys large blocks, with turnover surpassing 282 thousand shares as market reacts to takeover bid chatter and consolidated trading.
MENTIONED IN THIS ARTICLE
Brooker
Meet I
Itz
Mt. 2
Inite Conimental Lfc
ABO eMyiogen
SEAR
Mts Gag Ammen O
Melbourne
King Flan
Feland
Sami Hitar
Ene
S Chemicals
Ringland
Cn. Paranayak
Amal Chem
Nemo
Dow Chemical
Simpson Pope profitability maintained
Directors told the Sydney Stock Exchange in a recent interim report that profitability was maintained. The statement noted better than expected sales for the year and that the first half showed improvement, with management cautious about the second half and provisions outlined by G Palmer.
MENTIONED IN THIS ARTICLE
Sydney Stock Exchange
Simpson
Lnwer
Pte
Market Slightly Firmer Across Sydney Shares
Market activity shifted to firmer footing in Sydney as Amalgamated Chemicals drew attention from brokers and dampened broader trading. Woolworths rose while Tech and Plastic Holdings held dividends steady despite lower profits. Metals and mining shares slipped, with non-ferrous indices down. Overall, industrials traded, with more declines than advances in a two to three ratio.
MENTIONED IN THIS ARTICLE
Sydney
Prilay
Sydney Stock Exchange
Amalgamated Chemicals
ATL
Orsdinarion
Primis Pestertay
Woolworths
Tyree Rose
Sestian RA
Movini Isa
Dalgety NZ turnover falls but interim dividend up
Dalgety and New Zealand Loan Limited report six months ending December 31 with turnover of £144,630,000 and profits down yet an interim dividend increase. The Financial Times notes the figures and currency conversion to about $4.36 billion.
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Dalgety
London
Dalgety and New Zealand Loan Limited
Financial Times
Company News on Dividends and Financial Outlook in 1965 66
The report discusses reduced profits and turnover in 1965 66 with interim dividends under review. It notes a downturn in Queensland and New South Wales earnings, a forecast 12 percent total, and an interim payout planned around 24 percent for the prior year, with shares to be registered for April 4 and paid April 28.
MENTIONED IN THIS ARTICLE
Aik Easton
Mleelnedt
Wak
Hid
Queensland
New South Wales
Courtlois
Must
Pei
Ment Tn
Tyree Industries Ltd expands capital in half year
Tyree Industries Ltd reported a raise in paid up capital in the half year to December with a bonus issue to 10 shareholders and a satisfactory six month sales rise versus 1963. Directors noted aluminium fan storms production growth and a stable dividend. Chandlers (Aust) Tiel Brisbane warned of weak demand for electrical appliances across Australia, especially Queensland. Nally Ltd rejected a takeover offer from Malley Ltd at five Nally shares per Malley share. Vanderfeld and Reid Lid Steve saw slightly lower six month group sales and profits as drought and weak rural spending weighed on homebuilding. Bircheldees to announce March 21 with unchanged dividend.
MENTIONED IN THIS ARTICLE
Envig Pate
Tyree Industries Ltd
Yestersay
Ttre
Ture
Chandlers
Tiel
Brisbane
Iat
Australia
Eensland
Nally Limited
Malley Ltd
Malleys
Nally
Nally Sal
Sies
Vanderfeld
Reid Lid Steve
Sirectors
Ann
Bircheldees
February Australia imports fall signals end of boom
Australia’s February imports fell to 216 million dollars, the lowest in a year, below January and September records. After seasonal adjustments the annual rate is about 2.7 billion, with exports at 214 million for February. The piece notes GNP movements and quarterly account comparisons, highlighting a cooling in the import boom and related economic indicators.
MENTIONED IN THIS ARTICLE
Australia
Growth rate in December quarter compared with 1965
The text argues that growth measures for the December quarter are misleading if viewed year over year. It notes that the annual comparison hides the quarter’s real pace, as revisions and seasonal adjustments alter figures. The passage cites adjusted GNP data and stresses focus on the latest quarter’s performance rather than long-run averages.
Late Reflection on 1964 Growth and December Quarter
Economic analysis notes that December GNP rose by 190 million versus 234 million in September, with quarterly increases not signaling a slowdown. The expansion is driven mainly by the farming sector, while overall growth remains uneven, and inflation in consumer spending remains limited by sectoral shifts and volatile farm production.
MENTIONED IN THIS ARTICLE
Shi
Hope and Danger in Housing and Private Investment
An analysis notes private capital expenditure rising despite a housing slump. Stocks are clearing, with $11m liquidated from wholesale and retail stocks in the period, yet final sales remain stagnant. The path to a sustained boom hinges on faster housing and car sales recovery to offset slow private investment.
MENTIONED IN THIS ARTICLE
Deemmer
Drop in Wool Cheque as Australia Posts Seven Month Total
Australia’s wool cheque for the seven months to January stood at 395,551,000 dollars, down from the previous year by 37,021,000. The report notes little movement in pledged totals and mentions various international factors, including UK and France election uncertainties and fluctuating global demand for wool. Names and figures from the period appear, with emphasis on the overall decline in wool payments and the mixed international context affecting trade.
MENTIONED IN THIS ARTICLE
Australia
London
Reuter
Steinen Wien
France
Connie Atomer
Sapam
United Siates
Commonwealth
Joans
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