Sugar talks unlikely to be affected by Cuba exports
A Trade and Industry source in Canberra said US actions against Australia over selling sugar harvesting equipment to Cuba are unlikely to affect negotiations on the US Sugar Act. The Australian government aims to expand non-strategic exports and improve sugar access through diplomatic channels while maintaining the alliance with the United States. The discussion notes possibilities of quota increases and broader access to offset any potential British competition.
MENTIONED IN THIS ARTICLE
United S§tates
Australia
Cuba
Trade and ‘Industry
House of Representatives
Austra- Agricultural Committee
Alian
Anthony
Anne
Queensland
Britain
Canberca
Will
Sir Edward
Govet
Deli S
Ameas ND
Ows
Moomba
Massey-Ferguson
Thelheip
William Fulbright
Delhi-Santos-Vameas
Stnetor Fulbright
United Nations
Rhodesia
Canada
UDI
Minerels
Iun
United States
Association of Rhodesian Industries
John Graylin
UEB lifts net profit to 3.25m in year to March 31
UEB Industries Ltd of New Zealand and NSW reported net profit rising to 3.25 million from 2.86 million for the year to March 31. Sales reached about 4.4 million, helped by export growth, with the board noting high activity in Pacific trade and ongoing dividend at 6 Canadian cents.
MENTIONED IN THIS ARTICLE
UEB
UEB Industries Ltd
New. Zealand
Nsw
New Pacific Age Declared At Basin Council Meeting
Sir Edward Warren, Australian president of the Pacific Basin Economic Co operation Council, opened the council's annual meeting heralding a new Pacific age. The remarks came at the opening session held in Vancouver.
MENTIONED IN THIS ARTICLE
The
Pacific Basin Economic Co-operation Council
Australia
Canada
Japan
New Zealand
United States
Vancouver
Reuter
Pacific Basin Economic Co - Operation Council
Sir Edward Warren
Tasminex to raise funds via 1 for 2 share issue
Tasminex NL directors announced a 1 for 2 share issue to shareholders. The move aims to raise 378,050 and lift issued fully paid shares to 24.5 thousand pounds, with paid capital rising to 1,130,050 upon completion. Earlier, directors noted an overseas agreement in preparation over Kara iron scheelite deposits in Tasmania.
MENTIONED IN THIS ARTICLE
Melbourne Stock Exchange
Tasminex NL
eTsminex
Tasminex
Tasmania
First National City Bank to acquire 40 per cent stake in TAC linked IAC
The First National City Bank of New York plans a 40 per cent holding in Melbourne based JAC Holdings Ltd for about 34 million dollars. The move marks a major step for overseas banks in Australian finance and involves TAC, FCNB Waltons, and Esanda. Government approval and shareholder ratification are pending.
MENTIONED IN THIS ARTICLE
First National City Bank of
New York
JAC Holdings Ltd
First National
Fncb-Wallons Corporation Ltd
Australia
Bank of America
Commercial and General Acceptance Ltd
Bank of Tokyo
Beneficial Finance Corporation Ltd
TAC
CAGA
Beneficial
ANZ Tanking Group
H. E. McScambler
ANZ Banking Group
ANZ
Snedden
IAC
Esanda Ltd
Esanda
Fcnb-Waltons
Waltons
First National City Bank
LAC Holdings Ltd
Treasury
F. Crean
Ultra rapid capping machine debuts for beer bottles
Alcoa Deutsch introduces an ultra rapid capping unit capable of sealing 60 bottles per hour on Ni markets. The machine applies aluminium tops and side roll on closures to retain pressure with carbonated beverages and can be used alone or fully synchronized with the filling unit via intermediate transmission.
MENTIONED IN THIS ARTICLE
Alcoa Deutschand
Rhodesia’s Sanctions Bite Deeper Into Economy
Five years after UDI Rhodesia faces tightening foreign exchange shortages and mounting import costs as sanctions bite. Government finance for industry dwindles while consumer goods and luxury imports keep demand steady for Europeans. Tobacco and minerals falter, middlemen benefit, and Africans face rising living costs and job losses, prompting calls for a political settlement.
MENTIONED IN THIS ARTICLE
Rhodesia
Royal Bank of Scotland raises stake in Associated Securities
The Royal Bank of Scotland will lift its stake in Associated Securities Ltd to 28.6 percent after buying the entire holding from ADT Australia Pty Ltd for 4.1 million pounds in cash. The bank, already a major shareholder since 1960, plans a merger and forms a new holding with Cadbury Schweppes Australia, with Ringwood Victoria as the head office and a managing group for the drinks and confectionery group. Viscount Watkinson notes growth in Australian equity possible, while soft drink consumption and the chocolate market are highlighted as lucrative.
MENTIONED IN THIS ARTICLE
ADT (Australia) Pty Ltd
Associated Securities
The
Royal Bank
Renee
British Wagon Company
Ltd
Asso
Australia
Cadbury Fry
Pascall Australia Ltd
British
Schweppes (Australia) Ltds
Iwagon
United Dominions Trustpany
Cadbury Schweppes
Company. Ltd
ADT
Austra|Australia Ltd
Hamish Blair
J Finley
Cunynghame
R. A. Delohery
Associated
R. Urquhart
V. G. iSecurities
Burley
B. E. S. Collins
Viscount Watkinson
G. A. H. Cadbury
V. A. Benjafield
Ringwood
Victoria
Confectionery and Drinks
She Foods
Aus/Supply Co
Brisbane
Cadbury Merger Shows Early Profit Prospects
Viscount Watkinson sails from Australia amid hints of improved profitability for the Cadbury Schweppes merger. Sir Rupert comments anticipate higher profits but caution remains. The British parent oversees an international turnover and expects each unit to govern its own affairs.
MENTIONED IN THIS ARTICLE
Rupert
Viscount Watkinson
Cadbury
Schweppes Ltd
Ex- Drink
Tyingara waives minimum for Federal Hotels bid
Tyingara waives minimum condition on its bid for Federal Hotels Ltd and extends acceptance date from May 20 to June 17. Tjingara Pty Ltd, a Tjingara subsidiary of Tjuringa Securities Ltd, reports 40.6 percent of Federal’s ordinary stock and has received acceptances totaling 4,050,138 fully paid SOe shares and 4,779,221 ordinary shares. Federal shareholders controlling 26.2 percent oppose the offer.
MENTIONED IN THIS ARTICLE
Gordon Barton
Tjingara Pty Ltd
Federal Hotels Ltd
Tjingara
Tjuringa Securities Ltd
Federal
Argo Plans 1 for 7 Bonus Issue Amid Profit Rise
Argo Investments Ltd announces a bonus issue of 1 for 7 to shareholders from share premium reserve totaling $940,000, raising paid capital to $6.72 million. Approval awaits at the AGM on May 28 with final 4 percent cash dividend payable June 18 to holders on May 21. Bonus shares rank equally after final dividend.
MENTIONED IN THIS ARTICLE
Argo Investments), Ltd
Share Options and Stock Picks in Sydney Market
A fragmented listing shows month and 3 month option and call data across multiple brokers. Names like Theseus Westmex Wealmex and Glendale appear with quantities from 1,000 to 20,000 and prices around 1.05. The snippet includes Australian stock activity and call contracts with varied maturities and strike estimates.
MENTIONED IN THIS ARTICLE
Calis
Atherton Amt
Timor
Theseus
Glendale
Fife
Sydney
Allgas Energy to bid for Brisbane Gas shares
Allgas Energy Ltd of Brisbane announced it would bid for all ordinary shares of Brisbane Gas Co Ltd soon. The bid competes with Gas Supply Co Ltd, a subsidiary of Boral, which has offered 2.25 dollars per Brisbane Gas share. Brisbane Gas directors rejected that offer as too low and will review Allgas documents when received.
MENTIONED IN THIS ARTICLE
Allgas Energy Ltd
Brisbane
Brisbane Gas Co Ltd
Gas Supply Co Ltd
Sydney
Boral
Gas Supply
Brisbane Gas
Mc Savage
G. C. Cowlishaw
Uns dBe
Ote Stan
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