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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Oct 09, 1973

Page

5

Morawetz resigns as chair at Deane CDF H meeting

At yesterday's annual meeting acting chair F W Olver announced Morawetz steps down as chairman but remains on the board for a year. Directors expect profit dip from building this year yet anticipate higher contributions from other sectors while signing new contracts worth 2.15 million and negotiating 7 million more. Industrial disputes disrupted the building industry but are easing as arrangements proceed.

DF - Hooker Ltd P Mt Hire F. W. Olver Olver Paul A Morawetz Morawetz

Profit reports due from Melbourne Stock Exchange firms

Ninety companies have not submitted profit reports to the Melbourne Stock Exchange for the year to June 30. The exchange is reminding them that reports must be lodged by month end. About 20 percent of listed Melbourne home exchange firms are affected. failure to report within four months of balance date can trigger suspension, with most firms’ four month window expiring on October 41.

Melbourne Stock Exchange Exchange Melbourne Stock Exchange

Morrison Calls for National Economic Council to Fight Inflation

The Minister for Science and External Territories, Mr Morrison, urged creating an eight-member National Economic Council chaired by the Prime Minister. He proposed including senior ministers, industrialists, retailers, financiers, unionists, and independents to improve communication with business and support government policy amid inflation. He cautioned against assuming government alone can solve inflation, noting the private sector accounts for most economic activity and could aid mobilization in peacetime as in war.

Science and External Territories Morrison National Economic Council Professional Officers' Association Whitlam

Mayne Nickless profits rise in 1972 73

Mayne Nickless Ltd, a transport and security group, lifted profit from 3,233,412 to 3,496,209 dollars in 1972 73. Turnover rose 3.2 percent to 97 million. Final dividend increased. security arm had a record year. interstate road transport faced widespread challenges.

Mayne Nickless Ltd

A.W.C. Buys 19 Percent at Newcastle Wool Sale

The Australian Wool Corporation made its heaviest purchases in about two years at Newcastle wool sales yesterday, taking 19.5 percent of the 20 750 bale offering as prices fell 2.4 to 5 percent. Weakened competition due to industrial unrest limited overseas buyers, with several thousand bales withdrawn yet buyers accepting 73 percent of the total offering.

Australian Wool Corporation Newcastle

Reserve Bank Holdings Fall as Exchange Sales Lead Decline

Holdings drop to 3 804 while foreign exchange sales to trading banks drive a 45.5 million fall. Gold and foreign exchange reserves shrink, aided by adjustments to align book value with market value and a drop in Australian currency terms. Government securities holdings fall by 182 million amid previous week reductions.

Reserve Bank

New Univac Head Appointed for Australia Division

Walter Haemmerle named managing director of Sperry Rand Australia’s Univac division with broad responsibility for marketing and servicing a wide range of computer products across the country. He joined Univac in Zurich in 1958 and brings extensive international experience from Switzerland, the United States, and Asia, including South East Asia operations based in Hong Kong.

Europe America Africa Asia Sperry Rand Australia Univac Walter Haemmerle Haemmerle Moe Cere Zurich Switzerland United States Ee Sie Eat Asia Aeng Past 3 Ra South-East Asia Hong Kong

Mini controls machine production schedules in Bayswater plant

A Data General Nova 00 based system at Fisher makers Fibre Ltd Bayswater Victoria monitors 20 drawtwist machines on the Terylene line. The Nova 00 provides real time data to foremen and planning staff via two visual displays and a teleprinter, improving production visibility and enabling early quality control signals.

Bayswater Victoria Fibremakers Ltd Australia Data General Fibremakers Data General Australia Talea Engineering

Opera House to Host Major Conference Events Next Year

The Sydney Opera House will host key sessions including the official keynote address and a public major event on the second conference night. The University will host sessions from May 6 to May 20, with dinners at Wentworth and Chevron Hotels and a reception at Wentworth. Prominent speakers from overseas and Australia are listed, including professors and industry figures.

Sydney Opera House Aid Opera House Wentworth Hotel University Wentworth Chevron Hotel Abrhamson Isaac Auerbach Australia Walter Broward CSA Malcolm Meccailey Information Elec Ava

Bank chief retires after 48 years at New South Wales Bank

Mr F C Bennett, assistant general manager and chief manager of the SSW Division, will retire October 11 after 48 years with the Bank of New South Wales. He served in every division except Fiji and will be succeeded by N L Meldrum as chief manager of the SSW Division. Bennett began at Geraldton in 1926, later moving through country branches and Perth, with stints in London and war service before returning to Sydney.

F. CC. Bennett SSW Bank of New South Wales Bennett Bank Fiji N. 1 RL Meldrum Wales Geraldton Whief Perth Sydney London The

Grave disquiet over uranium lease renewals in NT

Queensland Mines Ltd warns on non renewal of Northern Territory exploration licences risking $25 million in finance as federal policy freezes leases since January. P Millner and officials press Minister Connor for assurances while noting prior approvals for UAN export contracts.

Millner Northern Territory Crown Law Department Queensland Mines Connor Enderby Capital Territory Bryant Mary Kashteen Uranium Ltd Connors

Trade pact talk open for East Asian group

An Australian official from Bank of NSW Sydney warns that unrest could push Australia to seek a free trade axis with neighbours. He suggests starting with Japan and expanding to Indonesia the Philippines Singapore and possibly China as part of a regional trade pact.

Bank of Nsw R. B. Prowse Sydney Australia Japan Indonesia Philippines Singapore China

Euro-Pacific Profit Rise At Euro Pacific Finance

Euro Pacific Profit rises as Merchant Bank Euro Pacific Finance Corp Ltd reports a year to June 3 with an after tax profit of 527,850 from exchange fluctuations. Profit per share lifted from 92,827 to 1 46,605 in 72 months. New loan loss provision recorded. Total assets rose to 105.6 million as local deposits grew to 1 174 million.

Euro- Pacific Finance Corporation Ltd Sud

Also Mentioned on This Page

Deane Cdf-H Mayne Nickles Mayne Wickless Mayne Nickless A.W.C Computing News Mr Haemmerle Etree Structures R. B. Stanton ANU John Manning Tony Kelly Data General Australia Pty Ltd Mr Bennett Hamertler toBam T.D Australian Post Office Trimview Advisory Service Trimview A Trimview Bayldon Rd Queanbeyan A.C.T Maas Trimview Adiding
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