UK shipyards urged to merge for world market revival
A British government committee proposes merging rival shipyards into three or four groups to increase efficiency and regain a share of world trade lost to Japan and Sweden. The plan aims to boost tonnage, modernize production, and deter nationalisation, with an industry board to implement it at an estimated cost of 160 million pounds.
MENTIONED IN THIS ARTICLE
London
Fraay
AAP- Renter
Japan
Sweden
Hainish
Grant Dunlop Rubber Company
Asarge Swale
Temesnis
Practical goals in Asia and regional cooperation efforts
The text outlines ongoing and proposed regional cooperation efforts in Asia led by or involving Australia, focusing on the Mekong River hydroelectric and irrigation schemes, the Nam Ngum project, and the trans-Asian Highway. It notes the Asian Development Fund, the Asian Institute for Development, and a Bangkok secretariat, plus potential joint ventures and rail and shipping plans. It highlights Manila talks on industrialization, the call for specialization and multi country projects, and Tokyo minister meetings as a model for regional action.
MENTIONED IN THIS ARTICLE
Sion
Sinspore
Asian Institute
Pinnae
Bangkok
Asian Development Mint
Ritories
Brunei
Sikkim
Bhutan
Macao
Industres
Manila
ECAFE
Asian Industrial Development Council
South-East Asia
Tokyo
Treasury bills edge higher amid price taps and revived demand
The market edged up slightly as the back of US Treasury Bill issuance attracted buyers and government brokers reacted to tapping prices. Treasury 6 percent and 1 percent yields showed small gains with longer issues rising more than short and medium dates while Commonwealth Bonds held steady.
MENTIONED IN THIS ARTICLE
Erone Amient
Treasury
Interim dividend kept as finance firm reports drought impact
The company lifts interim dividend from 64 percent to 63 percent for the period as earnings fall. It notes delays in building stores due to drought across Ankstown and reports ongoing construction in Wales Queensland and Wollongong. Trading period costs rise with rate changes and award increases while modernization programs proceed. Books close April 14 and ordinary dividend remains planned through the financial year’s end.
MENTIONED IN THIS ARTICLE
Ankstown
New South
Wales
Queensland
Wollongong
Roth
Cairns
Townsville
Werth
Western Austra
Anderson Loss Attributed To Intense Competition
Eric Anderson reports continuing intense competition in the industry causing lower margins and reduced revenue. Directors note a decline in six month group sales partly due to the Pitt Street furniture retail sale closure. Interim and final dividends are outlined with debts provision maintained as retail tracing improves with industry rationalisation and spending.
MENTIONED IN THIS ARTICLE
Yeverday
Rae
Sles
Pitt Street
A. Hall
Ca! Pay Ltd
It Books
Viewe Ayan
DDI OAS Defers Interim Dividend Amid Drought Impacts
Melbourne reports indicate DDI OAS will not pay an interim dividend for the six months to December 31 1965 amid drought pressures and mixed trading results. AMCAL Petroleum and Associated Portland Cement see variable profits. Wattyl Mutual and other groups report firmer half year figures while receivership progress continues.
MENTIONED IN THIS ARTICLE
Wattyl Mutual
Mutual
Watt Lid
Ee Ree Trayine
Howe Btainedt
Herbert Yates Holdings
Lid
Tewan
Aalde
Blue Metal offers 4m debentures to stockholders
Blue Metal Industries Limited will offer 4 million pounds of debenture stock to ordinary and debenture stockholders. The debentures mature in five eight and twelve year terms with interest rates of 7 percent eight years at 74 percent and 12 years at 73 percent per annum. The issue, to be registered on April 12 1966, funds expansion working capital and repayment of short term borrowings.
MENTIONED IN THIS ARTICLE
Sydney
Blue Metal Industries Limited
Ise
Takeover bid for Moffat Virtue Fire Fighting Enterprises
A bid seeks control of Moffat Virtue Ltd with terms offering S13 shares for Monat Varine and 2c cash for each 82 preference share. The proposal targets up to 76 percent of ordinary shares and up to 51 percent of preference shares in Moffat Virtue, creating a potential majority stake.
MENTIONED IN THIS ARTICLE
Fire Fighting Enterprises
Lud Op
Moffat-Virue Ltd
Monat Varine
Sip
Tn Fire Fighting
Ps 2c
Seach
Meta Virtue
Government pledges vigorous mineral search in WA
The Commonwealth and Western Australia governments will back mining firms in a vigorous search for minerals in the Kimberley region. Minister Fairbairn said the cooperation includes exploration by major companies, with ongoing programs and potential new deposits. A complex program aims to expand exploration and drill testing this year amid signals of substantial mineral prospects.
MENTIONED IN THIS ARTICLE
Commonwealth
Kimberley
Fairbairn
Northern
Australia
Weipa
Gove
The
Commonwealth Waa
Bureau of Mineral
Western
Australimberley
Pelo Weld
Montimran
Tenate
United States Metals Red Company
Amhity
Justi
New York
Reuter
Pathol
Elworld
United States
United Nations Food
Admiralty “Gulf
Agriculture, Organisation
Oceania
Miners and Industrials Fall Again in Sydney Trade
Mining and industrial stocks slipped further on the Sydney Stock Exchange as the index nudged up to 311.88 points. Volume rose with 487,706 turnover and 240,315 mining shares changing hands amid mixed results. BHP rose to 85.06, while retailers were weaker with Myer down 2c and Woolworths slipping 1c.
MENTIONED IN THIS ARTICLE
Sydney
Sydney Stock Exchange
BHP
Fx Industries
Boral
South Seas
Burns Philp
Myer
Woolworths
Coles
Waltons
Also Mentioned on This Page
Economics
By Peter Wa
Asia
HOAFE
Feosnnic Commission For Asia
Fir Fast
Beng
Masluck
Mekong River
Vietnam
Nam Ngum
India
Pakistan
Fon
Malaysia
Sind
Singapore
Philippines
Thailand
Europe
North America
Lundy
Enda
Finance and Industry
Latec
Pierre Dupuy
Canada
Montreal
Anderson
Eric Anderson
Consolidated
Nuttall
Ated Investments Ltd
P. A. Malouf
Portland
Greenwood
Ampol
Amat, Petroleum Ltd
Welded Tor
Moises Ltd
Portland Cement
Mamata Meliyn
Keen. Com
Ivecors
Melbourne
Commonwealth Cave
Cohn
M.D. Farley
Fare Jew and
Lewers Lid
Mariner
Solomons
H. Yates
Blue Metal
Moffat-Virtue
Kis Pons Anvett
Applion
Assoc Freney Acory
Gilbert
Rusheutier
Ayala
Hunt Doug
Sim Mick
Bank Nsw Aay
Steih HC
Planet Ry
ISAS
Boral Tae
Jaywiah Indim Squire
BHP Son
Jeffries
Taylor
New England Mines
Brock
Gay Jones
Aberfoyle
Kolniex
Brock Mt
Toohes
Mac Equipt
Marchant
bin Hill
Marina
Marrickville
Wyong Minerals
Dunlop
Mersit
Wallace
Invsiries
Phew Warkine
Mts General Cy
A. D. Meares & Bishop
M.lc
Petrie
Patrick & Company News
Northbourne Avenue
Canberra City
New St
Bouse Petrie Street
Canberra Credits Pty Ltd
Wnte
Garema Pisce
City
Main Falls
Simpson Swan
Twr
Tennyson
Vanand
Walker FJ Wy
Vancol
Waters
Woot
Wormald
Heaton
Apcm Lews
O'Connell
Amalgamated Ety Assoc
Ind
Atkins
Oy Daly Dha
A O'Donnell
AOG Axsoe
Mn ‘Aus
Olims
Qo Aci
Overseas
Ema
Longreach
Ay Faleymeai
Mason Timor
AG Corp
Farley
APM Lon
Vena J Leal
Renison Det Savers
Rg ‘Inden
Shaw River
Wy Lowes
Tableland
Mascot
O Western
A Caga
Western Titanium Cbc Sqn
Bay A
Meagher
General
Cc CB Austerss Myer
Aldus Aldershot
Cy Consol
North Shore
Talcott
Ani
Nsw
CBC
Talcott Factories Ltd
Amalgamated Chemcals di ‘Fe
Bsc
Soredghly
Mounnt Isa
New Broken Hill
Planet OU
Unita
Sis Alliance Pet
Toons Ae Woodside
Cog Ih
Lyei
Contin
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