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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

May 29, 1973

Page

7

Urgent action urged to curb inflation says AIDA bulletin

The Australian Industries Development Association calls for urgent anti inflation policies to control both prices and incomes. It cites five year data on prices productivity and earnings, arguing wage growth outpaced productivity and outlining expected effects of a Prices plus productivity framework and the Prices Justification Bill.

Australian Industries Development Association Pubisteil RCN Sony Bijeral Ansal Tis Vhs Gad Aida Bulletin MIDA

VAM Ltd Seeks to Keep Operations and Pay Deferred Claims

A meeting of VAM Ltd creditors in Svinev approved a scheme of arrangement to keep the company operating for at least two more years. VAM has been in provisional liquidation since February 10, 1971, with creditors deferring claims for a period. Official liquidator B.H. Smith projected a possible profit of 1.3 million in 1975, while three months to June 30, 1973 may yield about 168,000, though figures are cautious. Half-year to December 31, 1972 showed a 513,378 loss due to development work and the tax liability question remains unresolved.

VAM Ltd Svinev VAM B. H. Smith Smith

Rural aid demand eases in reconstruction scheme

The Bureau of Agricultural Economics reported a relief in demand for rural reconstruction as of January 1973, with 6 to 7 percent of rural holdings applying. Initial high demand for debt reconstruction loans reflected drought and wool price drops, while farm build-up inquiries rose. In 12 months, loan applicants carried about $410 million in debt, averaging $24,500 for debt reconstruction and $28,800 for farm build-up.

Bureau of Agricultural Economics

LNC Holds 11.03 Percent in Brooklands Holdings

Sydney based LNC Industries Ltd owns 11.09 percent of Melbourne listed Brooklands Holdings Ltd. LNC directors told the Melbourne Stock Exchange that its voting stake totals 366 739 shares in Brooklands.

LNC Industries Ltd Brooklands (Holdings) Ltd LNC Melbourne Stock Exchange Brooklands

Woodside Burmah hit major oil strike on NW Shelf WA

The Woodside Burmah group reports a new oil discovery at Berer No 1 on the North West Shelf of Western Australia with 39 degree API oil flowing about 2,729 barrels per day during a weekend test. The find lies near Goodwin structure, Eaglehawk No 1, and North Rankin gas field, prompting plans to drill further on Egret structure and consider accelerating development to tap a domestic market. The discovery confirms a wider hydrocarbon column with gas production alongside oil potential.

Woodside-Burmah Oil Exploration Group Berer No 1 Goodwin No 3 Eagiehawk No Goodwin Structure Faglehawk No 1 North Rankin Gas Field Woodside-Burmah IMO Sam Partnes

RTZ Tax Change Ends UK Tax Deduction on Dividends

Rio Tinto-Zinc shareholders in the UK will no longer have UK tax deducted from dividends. Australian shareholders may not receive extra payments as a result. The change follows an alteration to UK Income Tax law, ending the deduction previously claimed by Australian investors.

Rio Tinto-Zinc Corporation Ltd RTZ

Jennings completes acqusition of Bowral Brickworks holdings

Jennings Insistes Australia Ltd has completed a major takeover of Bowral Brickworks Holdings, acquiring all issued capital for about 4.2 million pounds. The Bowral works in New South Wales can produce 30 million bricks annually. The directors of A Jennings opposed the 2 million valuation, basing it on a feasibility study tied to integrating Bowral’s products and distribution with ALWV. The deal makes Bowral Brickworks Ply Ltd and its affiliates wholly owned by A WV.

AWV Jennings Insistes (Australia) Ltd Megotiuieng Bowral Brickworks Holdings Pr Bowral Brickworks Bowral Nsw A. Jen Jesus New South Wales Victoria Horders Utz & Boda Bent Street Sydney May & Malor Collins Street Malbourne Proms Commonwealth Trading Bank of Australia London Circuit Ainslie Avenue Lombard Australia Limited Canberra

AWA to Produce ICL Compatible Terminal Version

Terminal orders from Australasia based AWA for an ICL compatible programmable video data terminal. The TCL 7181 emulation will include extra editing and line handling features and is gained by swapping a plug-in ROM board.

Amalgamated Wireless (Australasia) Ltd AWA Postmaster-General’s Department

Tender Out for Foreign Affairs System Upgrade

The Department of Foreign Affairs invites tenders for a computing system, terminal facilities and support programming. The contract covers supply installation and maintenance of computer system to track government cable traffic in and out of Canberra via overseas posts as part of a long term communications upgrade plan.

Department of Foreign Affairs Canberra

Foreign Affairs projects upgrade computer and telecoms

A Department of Foreign Affairs spokesman said tenders close November 16 for a system to enhance communications inter face equipment and programs supporting operations. The system is planned to be operational in Canberra in 1976 with computing applications to evolve in line with other departments.

Department of Foreign Affairs Canberra

Terminal conversions enable ICL CUDN compatibility

The text explains converting a terminal to CUDN compatibility for ICL systems and the reverse process by re enabling the original program board to connect directly to an ICL System 4 or via CADIN. Delivery of these terminals will begin midyear.

Sperry Univac to Deliver Semiconductor Memory on UNIVAC 9700

Sperry Univac plans semiconductor memory for its UNIVAC 9700 in the UNIVAC 4700 line this fourth quarter. The move promises cost savings and lower prices for customers, says managing director Mo Erle Milburn III of Sperry Univac Australia.

Sperry Univac Univac Sperry Univac Austratis Mo Erle Milburn Iii

Parsons Company Uses MARC II Terminal for Cost Control

The Ralph M Parr sons Company Pty Limited installs a Control Data MARC II remote batch terminal in Sydney to manage costs across Australia. Connecting via PMG lines to the 6600 at CDA Data Centre, Parsons uses EDP methods to monitor all project costs from design through construction.

Ralph M. Parsons Company Pty Limited Australia Sydney PMG 6600 CDA North Parsons Oe Ak

Summary of Early Computer Storage and Processing Concepts

This passage outlines how information is stored in main memory and mass storage, stressing fast retrieval in libraries and business use. It describes basic computer operations, including registers, memory addresses, and machine instructions, with examples like adding daily sales by transferring values between registers and memory. It mentions D-type flip flops, toggling, and the role of higher level languages in guiding these low level steps.

BHP and Monsanto Eye Styrene Monomer Plant in Victoria

Broken Hill Proprietary Co and Monsanto Australia plan a study to build a styrene monomer plant in Victoria using mini em technology. Initial outlay around 20 million dollars, production about 16 000 tonnes yearly, feeding from BHP steelworks plus ethane and Bass Strait natural gas. If viable, plant could start in 1976, boosting plastics chemistry for Monsanto and related firms.

Broken Hill Proprietary Co Ltd Monsanto Australia Ltd Victoria BHP Bass Strait

Holders Rise Fourth Week as RBI Gold Reserves Climb

The Reserve Bank reports its holdings of gold and foreign exchange increased for the fourth straight week, reaching 33,944.4 million after a $23.4 million rise in the week ended May 27. With gains totaling over $4 million in May, analysts expect a renewed net capital inflow.

Reserve Bank

Cambridge Issue Details for Credit Corporation Notes

Cambridge Credit Corporation will issue a new 1007 secured note with a top rate and currency units unspecified. The proposal outlines terms spanning three years and two years with unclear renewal options. The readable fragments reference weighty figures but lack coherent dates, amounts, or credible financial details.

Cambridge Credit Corporation

Travelodge franchise plan aims to sell name and franchise motels

Travelodge Australia Ltd announced a franchising program to offer managerial know how to Australia and South East Asia. Alr Avon Greenway, chairman and managing director, said the group may sell some motels and franchise them back. Travelodge operates 75 motels across Australia New Zealand Finland and New Guinea with most franchises expected from mid tier motel operators. Minimum fee is 100 dollars per unit. first year fees projected at 940,000 with growth expected in future years.

Australa Asis Travelmipe Soups Alr Avon Greenway Greenway Stoup Travelodge Australia New Zealand Fin New Guinea Bow Imedium Sivel

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Warwick Bracken Tariff Board Ctc-Tv Paul Lynde Paul Bar Association Talring Barbara Scringar Fenn Street Hawkeye Frank Ever One Alan Alda Wayne Rogers Loratta Amanda Clarke Leonard Teals Alwyn Kurts Mike Preston Whittakers Herb LNC Holding Woodside Jennings Computing News Monsanto Australia Monsanto Co Monsanto Australian Petrochemical Ltd Sydie Victory West Footscray Footscray Mansanio Piu Gum Cambridge Internation Commercial City Mutual Hobart Place Murlarii Piy Travelodge Australia Ltd Agt Potter & Co. Brothers Adelaide New South Watley Lombard P.a Cirle Square Act
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