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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

May 11, 1968

Page

9

George Weston sees further growth at annual meeting

George Weston Foods Ltd forecast continued growth in its business after record focal sales and a broader base across NSW and the ACT. Chairman A. G. Parker cited rising costs and diversification into poultry with Hampton Hatchery, noting net profit rose to 3.44 million pounds and sales topped 100 million for the first time.

George Weston Foods Ltd A. G. Parker Sydney Parker Nsw Act New Zealand

Wyndham White Steps Down From GATT After Twenty Years

British born Mer Eric Wyndham White, longtime Director-General of the General Agreement on Tariffs and Trade, resigns after two decades at the helm. He is succeeded by Olivier Long, a Swiss diplomat, who recently left the Swiss embassy in London to assume the post. White, 55, guided GATT through landmark Kennedy Round talks and efforts to accelerate tariff reductions to aid the US balance of payments.

Mer Eric Wyndham White Olivier Long London Geneva Wilson Hemingway Robertson Institute H.R.L

Bean urges flexible oil policy to avoid discrimination

Mr Bean argues against keeping indigenous crude prices high as Australia relies on local fields for much of its crude. He warns it would favor certain interests, raise finished product prices, and hurt the industry. He calls for Australian refineries to import a substantial share of crude and finished products to maintain balance of payments and energy supply at competitive world prices.

Mr Bean Australia

Japan to push second stage of foreign investment liberalisation

Tokyo reports Finance Minister Mikio Mizuta outlined plans to expand direct foreign investment liberalisation in 1969. He said reviews of the July 1968 programme and imports for petrochemical and electronics techniques would be completed within the year, with a second stage beginning early next year as tech imports are fully freed. He cited Australia investment rising above $200 million amid the current policy.

Tokyo Mikio Mizuta Britain FETA Immedi Jing Ately Mizuta

BP criticizes government oil policy in Australia

BP Australia deputy chairman D G L Bean says the government should avoid high priced isolationism in crude oil and allow the industry to respond to competitive forces. Speaking in Newcastle after BP Enterprise’s launch, Bean notes a shift in indigenous crude resources requires policy changes and argues for price alignment with imported crudes and targeted support for smaller scale production.

British Petroleum Co Aust Ltd D. G. L. Bean Australia Mr Bean Newcastle BP Enterprise

Wilcox Mofflin predicts higher dividend for year

Wilcox Mofflin Ltd, a wool and skin merchant and agricultural equipment maker, expects a higher dividend this year after a dividend of six percent in the year to June, eight percent in 1966, with profit down from 352000 to 67000. Directors report continued satisfactory trading in the three months to March, indicating potential for a higher dividend.

Walter Wright Industries Profit Set to Rise in 66 67

Walter Wright Industries Ltd Melbourne engineer reports that profit for the year ending June 30 1967 should rise considerably from 1966 67. Last year profit fell to 110 962 from 126 725 and a 10 percent dividend was paid. They note strong gains in sales and profit in the nine months to March 31 with the latest quarter ahead of 1967.

Walter Wright Industries Ltd Melbourne

Moldines Ltd Declares First Interim Dividend of Five Per Cent

Directors report a better trading trend than last year with continued improvements in electrical goods and declare the company's first ever interim dividend of five percent.

W. G. Waser Moldines Ltd Companis

Also Mentioned on This Page

George Weston Hampton Hatchery George Weston Bakeries Meat — Processing Ce Dairy Products Othe Canberra Petrie Street Canberra City Hema Savings Grad Canberra Credits Pty Ltd Garema Place A. C. Goode & CO. Meniers of the Stock Exchange of AMP Hobart Place Genberry Brisbane Adelaide Parth Pring, Dean The Sydney Stock Exchange Ltd Northbourne Avenue Telephone Ord Minnett T. J. Thompson & Partners Sydney Stock Exchange Moresby House A.C Eldon Canderra A. D. Meares & Bishop M.L.C Civic Co-operative Permanent Building Society Limited Fenne Londen Eric Wyndham White GATT Wyndham White Freer Capital W. Wright Cecil King Bank of England London Ogy Aapreuter Bank of England King Lal W. G. Watson Hemingway Robertson Ilri. Seldenis N.S.W. Riment Permans Department of Department OF Education and Science T Larke Hoskins BMC Lahrehke Eloskins Mort Street Braddon A.C.T
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