Sterling Slumps to Fresh Low After Devaluation
London dealers report sterling near the lowest since devaluation as it trades around 2.42 dollars with an upper limit near 2.42 and a floor around 2.38. Currency undertone remains extremely weak amid American policy uncertainty and external speculators reentering markets. Gold shares rise modestly while gold price holds near ceiling levels. In Zurich, sterling again falls below dollar parity for the first time since devaluation.
MENTIONED IN THIS ARTICLE
London
Zurich
Wormald Industries Reports Strong Interim Profit Rise
Wormald Industries, a fire protection and industrial products distributor, resumes trading with an interim dividend of 4 percent to be paid April 10. Directors note substantially higher December half year earnings, with full year profit rising from 475 000 to 511 000 and the earnings rate improving from 13.8 percent to 81 percent. They expect further earnings growth in the current year.
MENTIONED IN THIS ARTICLE
Wormald Brow Industriea Ui
Hamertey
Nesui
Munee Ideuslanmment
Mneladiog G. Chelly
Tejang
Toane
Eitnher Mannersley
Toany
Nerniey
Imp
Mim
Houtout
Ndh
Meat Laboratories
Fers
Tom Price de
James Wale
Moteeneuey Ees
Hetdiow Company
Alana Sanel Bnaga
Berg
Fone
Jaynes Wallace
Interian
Aucoausin
Bray's
Australia finance up total business financed rises
Finance by finance companies in Australia shows a rise of 3201 million in December last year compared with December 1966, indicating a notable year end increase in financed business. The report highlights ongoing growth across the sector and the strengthening role of finance companies in the market.
MENTIONED IN THIS ARTICLE
Australia
BHP and Partners Eye Joint Steelworks Venture
BHP along with John Lysaght Australia and Guest Keen and Nettlefold plan a new integrated steelworks. They study location and scale with Westernport Victoria or Port Adelaide as likely sites. The venture aims for modern production and could cost hundreds of millions of dollars, marking BHP’s first joint venture in iron and steel making.
MENTIONED IN THIS ARTICLE
John Lysaght
Australia
Guest
Keen and Nettlefolds Ltd
LIK
Broken Hill Pty Co Ltd
BHP
Aken
HS Iron and Steel
Activites
Plony
Wuwad Steel Works
Westernpt Bagotes
Victoria
Port Adelaide
South Australia
Iris
Simpson Pope recovery improves earnings outlook
The report discusses Simpson Pope’s earnings recovery with per cent figures on dividends and preference shares. It notes a jump in net earnings and mentions a $869,403 amount earmarked to support full-year obligations, alongside policy questions on ordinary dividends versus preferred share payments.
MENTIONED IN THIS ARTICLE
Pope Roktinas
IOAN
First annual report on Hamersley Holdings buoyant ore complex
Hamersley Holdings Ltd plans a 1.2 million repayment this year on North American bank loans as it reports 1957 profits and a strengthened balance sheet. Directors cite cost cuts, new debt arrangements, and ongoing exploration to support continued operations and potential asset divestitures.
MENTIONED IN THIS ARTICLE
Hamersley Holdings Ltd
Hamersley pellet plant boosts 1967 sales and exports
Hamersley and Co reports net sales rising from 6.1 million to 42 million in 1967 with substantial export push. The firm plans expanded production and delivery arrangements to meet demand for iron ore pellets used in Japanese and European markets, including a new plant at Dampier WA and freight arrangements. Directors foresee continued growth, noting obligations and government considerations in overseas shipments.
MENTIONED IN THIS ARTICLE
Bramene
Manubatires& Metal Mills
Uct
Hamersey
Ff FaMee FX. Ning
San
Japan
Sibiary Company
Hamers Dect
Ata Menage
Hamersley
Dampier
J Stedman Profit Decline Amid Mixed Market Signals
J Stedman reports a profit fall amid rising costs and weaker output from key markets. The group cites devaluation pressures and higher production costs as factors while noting freight and supply challenges across Australia New Zealand and Argentina.
MENTIONED IN THIS ARTICLE
James Sedona
Sweetacres Group
Ecw
Australia
New Zealand
New
Zealand
Anti
Een
Unclear corporate filing with delayed shareholding notice
The document appears to be a fragmented corporate notice from an unidentified company mentioning a December year end, comparisons to the prior period, and a pardon or relief clause. It notes shareholders must register by April 2 and references a shareholding action tied to a tax or regulatory matter.
MENTIONED IN THIS ARTICLE
Ego
Eiegurbe Induatries. Ltd
Aglometriey Parte
Hteused
Charitiys
James Wallace profit recovery amid dividend adjustments
A late year report shows James Wallace group reporting profit levels improving yet notes dividend payments and interim dividends at Craft Bank and Valley Cinery Co. Ltd. Details cite a turnover shift and a cautious outlook, with profits rising from prior periods but facing mixed signals in district farming and distribution segments.
Australian retail sales rise 6.9 percent in January
The value of retail sales of goods excluding motor vehicles and parts in Australia last month reached 579.1 million dollars, up 6.9 percent from January. The increase compares with a 3 percent rise from December to December. Figures released by the Statistics Bureau.
MENTIONED IN THIS ARTICLE
Australia
Statistics Bureau
Also Mentioned on This Page
Finance Up
J. Lysaght
GKN
Joh Hysaght
Port Reuibla
Nsw
Australuin
Westernpaie
Melbourne
Hastings Inn
Austin
Pwede
Amteulan
Gui
Been and Netleibhs
Austrahan
Thein Fetin
Ivete Steel Maki Anhibiten
Ite
Nahanaiiva Ion
Wgmall
Desstibe
Fred Ack
Mena Steel Corp
Aithosht
Anse Lysughs Yl
BEET
Faye Een Lowe Busines Associates
Taenity
Assextabiem
Hod Pearce
Nimaging
Ot Dink Lavaghts
Hamersley H
Lake Credits Co Ptyate
Norapourne Avenue
J. Stedman
James Wallace
Croft Bank
Cunard
Clydebank
Thritish Aircraft Corporation
Bristol
England
RESUL
Thrip
Raf
Bie
TIMES
the Times
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