BHP Unable to Meet Steel Demand Amid Boom in Auto Sector
BHP says it cannot meet rising steel orders as demand from automotive and appliance industries surges. Shortages of rolling capacity and labour, plus export constraints, curb supply. Company reports exports and new markets pursued to ease strain, while customers face cutbacks and rescissions.
MENTIONED IN THIS ARTICLE
Broken Hill
Hal Allo Sis
Weking Steel Overseas
MD. der Tr
Micstrip
Burd Motor Company
Japan
Sied
Steet
Teoubie
Sid. Ses Verday
Jo Veel
CAGA Pye form joint venture in Australian finance move
CAGA and Pye Industries Ltd plan a joint venture to finance rapid colour television growth in Australia. The agreement aims to channel Pres grants through existing dealer networks and expand consumer instruments rental fields. The Commercial Bank of Sydney will absorb and restructure holdings to raise stake in AGA.
MENTIONED IN THIS ARTICLE
Australi Reading Finance Compan ‘Ey Commercial
General Acceptance Ltd
Pye. Indutries| Ltd
Expeed
Desler
Beatain
Sam Mance
Pye
Wii
Mlurables Particule Co
Pi Finence Australia
Pie
Wil Ge
Nnipary
CAGAT
Boi Akishalsiy
Sydney
Lea
AGA Amd Say Ince
Mare
Wank of
America
CAGA
Fsauedt Gupta
Aga Hell
CRC
Takeover bid frozen under Foreign Takeovers Act
A takeover bid by 3M Australia Ply Tid on Tele frome Wig 5 was frozen for three months under the Companies Foreign Takeovers Act. Mr Cree said he believed voting shares in Tele frome Wig 5, a subsidiary of Minnesota Mining and Manufacturing Co, were involved.
MENTIONED IN THIS ARTICLE
Pensition Oy Clean
Pelee
Peter Brooke Named Chairman of Australia ICL Users Council
Peter Brooke, systems and computing procurement manager for Plessey Telecommunications Pty Ltd, was named last week as the first Chairman of the newly established Council of ICL Computer Users in Australia.
MENTIONED IN THIS ARTICLE
Peter Brooke
Plessey — Telecommunications Pty Ltd
ICL
Ausalia
Twin computers to control Ang Auss telescope at Canberra
Final assembly and testing of two Interdata Model 7 computers in Canberra will support the Anglo Australian 50 inch Telescope project near CoomaBran NSW. One computer will control the telescope, the other the instrumentation, enabling automatic guidance, data capture, and real time processing for safer, faster observations. The system, supplied by Datromice Systems Pty Ltd Sydney, is due for commissioning in early 1974.
MENTIONED IN THIS ARTICLE
Canberra
Datromice Sysems Pty Ltd
Sydney
Siealiding Spring
Coonabarabran
Nsw
Honeywell announces upgrades to Series 6000 computers
Honeywell Information Systems announced last week enhancements to the Series 6000 family. The 5030 and 6060 deliveries are supported while 6030 and 6040 are extended. The entry level lowers with Mode 6025 and a remote printing facility is added. Datanet 700 and safer configurations expand options with memory increases for Mod 030. Main memory for 6180 and 6041 doubles to 8 megabytes.
MENTIONED IN THIS ARTICLE
Honeywell Information Systems
Seminar on Gray code development by Ching Yen
A Thursday seminar in the Thursday Seminar series will feature Ching Yen of the ANU Computer Centre. The talk, hosted by the INE Centre and the CSIRO Division of Computing, will cover reformulations in Gray code and related computational methods. The session begins at 2 pm.
MENTIONED IN THIS ARTICLE
Ching Yen
ANU Computer Centre
INE Centre
Csiro Division of Computing
Aire Ld
AD Bexinmieg
Mercantile and General Sign CSA Computing Contract
Mercantile and General signs with Computer Sciences of Australia for computing services. Contract covers design program writing and data processing system creation. Phase two will install a Memorex 1280 data terminal at Spring Street offices in Sydney for later data transmission and verification.
MENTIONED IN THIS ARTICLE
Mercantile and Geners Resinsurance Group
Sevices
Computer Sciences of Australia Pry
Jim General
Mercantile and General
Actarial
Car Us
Tom
Mercantile
Gene
Inaal
Spring Street
Sydney
Massey Ferguson plant rebounds amid demand surge
Massey Ferguson Australia Ltd rebounds as agriculture brims with appetite for fencing drills and farming machinery. The Sunnshine company, employing about 700 workers, reports near full capacity aimed at meeting rising global demand while supply chain strains push import considerations and distributor planning.
Pursuit Oil reserves and prospects outlined in report
Pursuit Oil outlines reserves and aims to sell services in the Cooper Basin. The company reports pretax operating revenue over 19 million dollars across 30 years. Shareholders note potential interest in an old field with deliverables of 185 billion cubic feet of gas and 4 million barrels of condensate.
MENTIONED IN THIS ARTICLE
Pursuit OW
Vale of Ite
Joiekl Pretax
Dicestuiry
Myer heads for record profit in year to July31
Australia's Myer Emporium Ltd expects higher sales and profit for the year to July 31. Interim report cites 17.54% first half sales rise, driven by consumer spending and store expansion. Despite rising expenses, profit improves as department and Target stores contribute more. Group plans further expansion funded by retained profits. A property venture adds an office tower project at Lonsdale and Elizabeth streets.
MENTIONED IN THIS ARTICLE
Australia
Myer Emporium Ltd
Keneth Myer
KC Sigeie
Myer
Bion Net
Ava Pear Rae
Igher
Aseire Improperty Company
Tmevelop Land
Govener
Lonsdale
Elizabeth Street
Myers
Soin Myer
Treasurer pressed to halt Kauri Holdings sale by Australian bidder
The treasurer is urged to intervene as A V Jennings Industries in Australis press for a takeover of Kauri Holdings Ltd. The dispute centers on interim orders to curb foreign control after transfers shifted 80 percent of Kauri shares to East Atlantic and Crown Cascade, prompting warnings that without action an Australian group could seize control.
MENTIONED IN THIS ARTICLE
A.V. Jennings Industries
Australis) Lad
Kauri Holdings Ltd
Crean
Focal Timber Group
Kawi Holdings Ltd
Boise Chictds
Jennings
Tepister
Bone Cascade
East Aintic Co Lid
Kaurt
Bayth Asia
Autralian
Wil
Reserve Bank reports rising overseas reserves and capital inflow
The Reserve Bank shows gold and foreign exchange holdings up by 394 million in the week to mid May, aided by sterling gains and capital inflows. April net capital outflow published as 88 million, with ongoing increases in reserves and a strengthening Australian dollar.
MENTIONED IN THIS ARTICLE
Reserve Bank
Also Mentioned on This Page
Biness & Economics
BHP
BPS
Tuy
Auliiniinve
Appliqne
Eithier
Mupszing
AG. Gibbs
Esterday
Mc Gibbs
GMH
BHP Steel Plate
Port Kembla
Falte
Mr Brooke
Tse
Pestis
Richard Reader
Stralia
Commonwealth Gazette
Minerals Mining and Metallurgy Limited
Hochmetals Corporation Shueholders
P.a
Pakii
Omsck
Cry
London
Commorenans
Gircuit
Ana Amalie Avenue
Lombard Australia Limited
Lamibara Busitta
Civic Square
Lesaoe
Honeywell
CSA
Deane Ct
Massey
Massey-Ferguson Austraial Ltd
Mass Sey
Ferguson Hay
Weber
Sination Fay
Lyemers
Wileek
Nevis
Li Me Tan Dennis
Pursuit Oil Reserves
Overseas Reserves
Davie
David Jones
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