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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

May 14, 1968

Page

9

Sterling sinks to fresh low on devaluation fears

Sterling hits its lowest since the November devaluation as dealers sell off on caution rather than external pressure. The rate drops to around $SUS2.3882, with a near 4 decline in two days. Trading is light and the Bank of England did not appear to support the rate early in the session amid looming UK trade data and currency concerns. Gold sits at $52.40 an ounce, down 20 cents, with modest turnover.

London Bank of England Cecil King

Share raid targets Talcott Factors Ltd stake over 10 percent

An unnamed buyer seeks just over ten percent of Talcott Factors Ltd following a recurring market raid pattern. In 1962 Commercial Banking Co of Sydney held 20.3 percent, Mutual Life and Citizens Assurance 18.0 percent, and Capel Court investment group 4.3 percent. Valder and Co advised a client named Lee A hee or Uke.

Talcott Factors Ltd The Commercial Banking Co of Sydney Ltd Talcott Factors Mutual Life and Citizens Assurance Co Ltd Capel Court Group Sydney Valder and Co Lee Hee

Rigneys Holdings offer to shareholders at $200 a share

Leslie Senes Holdings Pty Ltd seeks to acquire control of Rigneys Holdings Ltd by offering $200 per share with the right to sign over voting power and an option to purchase at $220 by May 30 1969. The move follows a pattern of earlier share raiding and cross‑holding maneuvers involving Lanpa ME vuRmances and Tivinga Securities Ltd amid a wider corporate contest.

Leslie Senes Holdings Pty Ltd Rigneys Holdings Ltd MASI Lanpa ME vuRmances Agerene Talcott Factors Rigneys Tjuringa Securities Ltd Ipec Senes Tivinga South Coast Estates Quirect Acceptance Corp

New NZ well to be sunk and dividend shift

The Australian reports a complex mineral and oil exploration note in New Zealand and Australia. It cites Leslie Nelson and Senes Holdings, discussions over drilling rigs near Blackwater, share offers, potential profits, and tests on mineralised structures with copper prospects and future testing planned.

New NZ

Labour demand eases in Australia as vacancies fall

Measured by seasonally adjusted vacancies the demand eased from 34 987 to 31 468 between March and April. In actual terms vacancies last April matched the 34 987 level of the previous year, with unfilled posts down across states. Unemployment declined overall, though Victoria and Tasmania rose. junior applicants fell in most states, while adult unemployment rose outside NSW and Queensland amid seasonal adjustments.

Australia Department Australia Neys Tjuringa Indus Victoria Eercentages Um- C Vise Lt Bury Nsw L Turi Queensland South Bale Theliralia Tasmania Rigneys Leslie Senes Bury Empany Nsw

Pacific Island Mines to raise capital for joint ventures

Pacific Island Mines plans a $64 million capital raise via a $0.25 par split and new issue to fund diversification into gold and copper ventures. Proceeds will back a joint venture with Planet Gold Ltd off Papua and Misima Island exploration, with drilling under way and plans for eight branches. Underwriters are Ralph W. King and Yuill of the Sydney Stock Exchange.

Wreckair Holdings Ltd Pacific Island Mines Ltd Illi Ili i Terest 4 Planet Gold Ltd PIM Mackay Misima Insland Papua Victoria Nsw Tasmania Cultus Minis Brookvale Hobart Ralph W. King Yuill Sydney Stock Exchange

Ampol Debenture Issue Surpasses Target in Oversubscribed Sale

Petroleum Ltd announces applications for debenture stock totaling 8.17 million dollars, with 7.72 million paid by opening day. About 20 percent was received by noon, and the issue, for six million dollars in stock and notes, attracted strong demand from long-term holders and community investors seeking priority Series 1 options.

Also Mentioned on This Page

Talcott Best Vn Tennant Creek Goldminer T. Rust Peko-Wallsend Jered Tennant Creek Orlando Leslie Nelson Senes Holdings Rigtaap Oil Corporation Leslie Senes Holdings Blackwater Peoft Leslie Valdez and Co Norg United Ings Ner Cent Hiermith Marwane Me Cage Audrey A Tank Uae Helen Dorothy Mortlock Pat Eddie Michelle Gai Terry Leonard—Donovan D. J. Donovan Marrabundah Danget Suzanne Jory Bran Eric AH. Leonard Griffith Act Whitfield Green C. C Stan) Green Manuka Vivienne Amelia Raymond Faward R. W. Whitfield Oakley Rogm Boon F Grif Irvine A Walton Charteris Crescent Indianan Fox Shill Kun St. Hackett Charles St Queanbeyan Fyshwick Fyshwick and Ith Scotts Realty Pty Ltd Kennedy Street Kingston Red Hill Court Rivett St Hackett Garema Place Canberra London Circuit City Department OF This Inpertor Edinburgh Avenue Woden Valley Learmonts Pharmacy Hughes Sue Boe Ropa Serberate Schooller Francis Wowtel Spm CWA Grazcos Co Goulburn J. An Gowburn E.W. Edwards Malvern Star Civic Centre Iquigg Morris Edward John M Quigg Tyson St Ainslie Hotel Acton Building McCoy Circle Gordon Street A. McJannett J. H. Marshall Minister of State For the Interior Downer Skump Wiltshire St Dickson Ainslie- Dickson Cyndy Bougainville St Marymead Rogers Lee Safaris Frazer Place Yarralumla Investigator Street Red Hill House of Merivale Tor Northcote Cresc Murrumbateman Kay Cavanagh Davenport Street Edward Deveson Piddington Street G. Cavanagh Emanuel Swedenborg Griffin Centre Canberra City B. 5 Willmot Swedenborg A. Leon South Side Canberra Times Civic Canberm Australian Capital Territory Mate Belancic Atkinson Street Turner, Canberra M. Belancie Gallen, Kelly and Dainer Aneera A. Paul J. "Fowey, J Ind B. Walker Consolidated Press Holdings Limited Supreme Court of Macphillamy Bank Petitioner Messieurs Allen Allen Hemsley Hunter Stree N.S.W Krishnamurti Friends Meeting Condamine Bent Sirs Turner DAN Frances Beauty Salon J. E. Christie J. Morey G Bracey P. M. Raval J. Lally REGAL le Bailey Arcade H. J. Bradley Mawson E. Kastner Pirie St. Fyshwick Arpenter Aranda Phome Phillips Tenographer WNER Marymeads Children Centre Howitt Street Queen Elizabeth Alinga Street Cablemakers (Act) Pty Ltd Geelong Street Peko Jackers Fan Potter & Co Stock Exchange Alinga Streat Melbourne Adelaide Brisbane Perth Utten & Harvey Stock Exchange of Lid ‘Adalads Mount Gambier Stock Exchanges Finance Corporation of Australia Limited AMP Hobart Place Bank of Adelaide Commercial Banking P.A A. Bls. White & Co. Pring. Dear Co Sydney Stock Exchange Limited Ee the Mutual Acceptance Company Ltd A.C.T Bank OF Wew South Wales Wreckair Atostaitime Lake Credits Co Pty Ltd Northbourne Avenue P.O Woolworths Gourmette Pressers Cooyong Street Braddon, Act
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