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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

May 18, 1968

Page

9

Kauri Holdi Ltd Half Year Profit Rises

Kauri Holdi Ltd timber miller merchant reports improved earnings for the six months to February 29, rising to a net profit of 64,964 after depreciation of 117 and before outside interests of 7,550, despite a 3 percent sales decline. Directors defer payment of the 34nd cent interim preference dividend while maintaining ordinary capital earnings at 2.7 percent. The prior full year earned 61 percent. no preference dividend was paid last year and only half the normal 7 percent was paid in the preceding year.

Kauri Holdi Ltd Ividead Group

Big Sister Foods in Merger Talks With Yet-Named Firm

Big Sister Foods Ltd plans a merger with a second trading group creating a new holding company to control both firms. Arrangements involve J B Were and Son to buy outstanding Big Sister shares at net 375. Discussions proceed at the proposal stage and require bylaw alterations.

Big Sister Foods Ltd Messrs J. B. Were and Son Big Sister

A&G Finance Urges Shareholders Not To Sell

Directors of A&G Finance Co Ltd said yesterday that talks could affect the value of the company’s shares and advised shareholders not to sell. In the year to June 47 1967 group net profits rose to 291900 with an earnings rate of 42.4 per cent, asset backing at last June was 58 a share, dividend for 1966-67 was 15 per cent. Dividend for six months to December rose interim from 7 to 10 per cent.

Big Sister Lillis Treloar and Co Ltd Food Group

Mark Foy's directors accept McDowells offer

McDowells Ltd has secured acceptance for its takeover of Mark Foy's Ltd. Chairman M J O Neill announced that the board acceptances cover their personal holdings except K H Ross, who is in hospital. The acceptance now exceeds 80 percent, meeting the required threshold of 2.05 dollars per share.

McDowells Ltd Mark Foy's Ltd Mark Foy M. J. O'Neill K. H. Ross McDowells

Gordon and Gotch result up final dividend kept at ten percent

Directors of Gordon and Gotch Australasia Ltd report that the year ending March 31 shows a slight rise in net profit, maintaining the 20 percent ordinary share rate. Last year profits rose to 986,256 dollars with a 28 percent paid. Turnover continued to rise in September and profits remained in line with the prior year. The final dividend of 10 percent will be paid June 2 to shareholders registered June 7.

Gordon and Gotch (Australasia) Ltd

Weather map forecasts cold change across NSW coast

A weakened south west a cold front brings squally westerly winds across the southeast quarter of the state. NSW ridge slackens while scattered showers sweep the tablelands and coast, with isolated fog and chilly minima. Strong winds and possible widespread rainfall affect the Southern Tablelands and coastal districts. highest maxima around Thredbo and Lismore.

Ermowith Nsw Southwet Arcana Mcar Forth-West Tivertih Verles Tablelands Threebo Smoky Cape Walgett 2 Pte Lismore Omani Ciariels

Durkin Shoot ore extends deeper at Kamalda North

Western Mining Corporation reports new niche intersections on the Durkin Shoot in Kamalda North, indicating ore continues at depth to the north. The quarterly update notes drilling aimed to define the eastern flank, with ore beyond the current reserve area while reiterating Durkin as the company’s largest current reserve with about 0.75 million tons at 1.7 percent nickel.

Western Mining Corporation Ltd Kambalda North Durkin WMC

Formica Plastics Pty Ltd Sees Profit Rise

Formica earns higher profits as Formica Plastics Pty Ltd reports 1,094,628 in gains while lifting depreciation and unappropriated funds from 171,234 to 189,072. The maker of laminated products remains linked to Victorin Companies Regis ters and related office movements.

Formica Plastics Pty Ltd Jacciunts Victorin Poe Petland de Formica Fmail

Copper mine to re open near Tamworth in NSW

Attunga Mining Corpora announces re opening of an abandoned copper mine in Otter Shoot Kambalda North NSW. Four holes drilled yielded ore with assay 3.25 per cent copper. Company projects 300000 dollars monthly ore extraction and a seven year surface deposit life. Directors highlight ore content and multi metal findings, with exploration continuing in WA SA and Victoria. Company chair Colin Graham Tamworth and Sydney directors Kenneth Brudenell Woods and Dr James Furber lead this Australian owned effort.

Attunga Mining Corpora Hon Tamworth Thern Nsw Kambalda North Colin Graham Kenneth Brudenell- Woods James Furber Sydney

Talcott board adds three directors amid share raid mystery

A mystery buyer acquired about 800000 Talcott shares at 30 cents each, totaling nearly 20 percent of capital. Three new directors D L Elsworth K J Hedley J S Hunter joined, boosting board to seven per articles. Major shareholders now include Commercial Banking Co of Sydney and MLC, together with the mystery holder and Shapowloff linked rumours.

Talcott Board Llose Talcott Commercial Banking Co of Sydney MLC Walter Shapowloff Kwiklasair Transport Shapowioff D. L. Elsworth K. J. Hedley J. 8. Hunter Hunter Elsworth Power Corp of Australia M. R. Ballantine Ltd H. G. Palmer (Consolidated) Ltd Travelodge Australia Ltd

Interstate Oil to spud first Otway Basin well at Woolsthor

Interstate Oil Ltd prepares to spud its first land well in the Otway Basin. A rigging up operation is under way at the Woolsthorpe No 1 site, about five miles northeast of Woolsthorpe and 17 miles north of Warrnambool in south western Victoria.

Interstate Oil Ltd Otway Woolsthorpe No 1 Labout Lof Woolsthor Warrnambool J Victoria

Brick & Pipe profit up sharply in record year

Victoria's Brick and Pipe Industries Ltd, the island's largest brick maker, reports group profit above 1 million for the year to March 31. The result shows a rise in capital from a previous peak, with tax provisions increasing and depreciation up. The company confirms full-year ordinary dividend and an annual meeting set for June 26.

Victoria Brick and Pipe Industries Ltd

Dividend increase reported for the year

Ordinary dividend has been raised from 124 to 14 per cent for the year, as noted earlier this month.

District Radio and TV Schedule Fragment

A dense, garbled Shoreline of radio and TV listings from Goulburn and Canberra sections shows a long schedule with multiple times, programs, and news slots. It includes MBS News, birthday times, racing roundups, music programs, and BBC and ABC items with varied local mentions.

Goulburn Canberra London Chasinn Tian ABC News BBC Rew Shaw Music Usc Divine Service BBC News ADC Newey Chase

Also Mentioned on This Page

Atic Big Sister Foods A&g Finance Automobile Ss Generalee Wee Finance Co Ltd Eiion Nis Pany Patrie Street Canberra City Lake Credits Garema Pisce A. C. Goode & CO Menbors & the Finch Menongs Mainoomne AMP Bidg Hobart Melbourna Brisbane Adelaide Perth Pring, Dean The Sydney Stock Exchange Ltd Northbourne Avenue A. D. Meares & Bishop M.L.C Petrie Street Ord Minnett T. J. Thompson & Partners Sydney Stock Exchange Moresby House Act ELDON Melbourne Civic Co-operative Permanent Building Society Limited Ter Civic Sean Fee Gordon & Gotch Imek Tooneer Sem Mall Ratemans Bay Sams Moray Merim Mbansel Sunrie South Coast Windy Shirwery Makdy Shewery Man Darwin Dendy Cunppua Bureau OF Meteorology Sobars Miers Kambalda Formica Kwinana Nickel Bechtel Pacific Corporation Sherritt Gordon Mines Ltd Norceman Looners Yilgarn Warburton Pilbara Fast Rookwine Kalgoorlie Talcott Factors Ltd Brick & Pipe Roses Capital Interstate Oil Meeting Hill Shell D. Jansen & CO Pty Ltd Asbestos Coatings P.O. Box Lyons RSS Mane Tan Wollongong Magee Brian the Turiows Tarren Bisic Esmonds Queanbeyan Golem
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