Fragmented Local Notice Points To Public Sale
Partial readable text outlines a local public sale action with officials named but lacking full details.
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Mar 30, 1968
Page
7
Partial readable text outlines a local public sale action with officials named but lacking full details.
Siddons Industries Ltd plans a one for five issue at a premium of 20 cents to raise about 402 381 dollars. Directors say the move will boost working capital and aid plant expansion. The group profits for the six months to December 31 were not yet clear, with interim dividends considered. The Melbourne based firm manufactures forged hand tools and iron goods.
The company reports a 17 percent improvement in net earnings for the full year, aided by better margins and higher turnover. Interim results show profits up despite devaluation and rising costs, with the mining contracts and divisions contributing to the gain while some losses persist in earlier periods.
Gadsden Australia Ltd reports a lower half-year profit to December 31 despite a 13 percent rise in sales. The Melbourne based packaging giant shows improved sales but tighter margins and higher costs reducing overall earnings.
The report details profit pressures at Cemac with a described drop in earnings per share and ongoing cost pressures. It notes a prior payout, a decline in profits for the year, and directors facing decisions on future distributions amid mixed market signals.
The Acteal value of total sales of goods excluding Marta Chicos parts and similar items reached two million in February, a 77 percent increase over February of the previous year, with figures published by the Statistics Bureau yesterday.
National income shows a seasonally adjusted rise of seven percent for the December quarter, with the figure reported as higher than the previous period. Details indicate a broadband gain across sectors and note adjustments to the earlier estimate.
R W Miller Holdings Ltd, a coal shipping and hotel group, reported a 3.7 percent fall in half year profit to December from a year earlier, despite coal sales reaching a record. The report notes two tankers under operation and a strategy to boost tonnages and revenue, with books closing April 12 and capital at 900 million.
A stock exchange style briefing describes the proposed paper gold or SDR plan discussed by finance ministers. It outlines how a new currency unit might be valued, who would gain or lose, and whether nations would be required to repay or limit spending from their allocations.
A fragmented discussion outlines how central banks struggle with reserves and exchange flows as trade stagnates. Proposals include international money creation and coordinated policy, with a March deadline for ministers to finalize plans and a potential rollout next year.
Fragmented OCR text outlines Leighton 1-4 PAR issue plans and related financing. Mentions Jecxhron Contractors Shirey with Lid, engineering groups, and a May 11 deadline. Notes about 2,800 and shares, but specifics are unclear due to garbled source.
A garbled OCR note mentions Ramsay Surgical proposing a bid and an issue plan for a new building project in Minnesota. It references April timing, pretmaiin shares, and a secure note or finance page. The readability is limited but indicates corporate financing around a planned facility.
A ceremony in Cleveland marks the official opening of a mine and processing plant with about 200 attendees. The event coincides with takeover bid talk for AL or GREILL, with Ramsay Suto noted as a key bidder. Officials describe design concepts for the plant and mention copper and concentrate production forecasts.
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