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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Sep 06, 1968

Page

5

Debenture plan eyed by Carlton and United Breweries

Carlton and United Breweries Ltd will seek 15 million in medium and long term debentures next month. E. A. Watts Holdings and Australian Paper Manufacturers Ltd switch plans to a one for five issue of debentures to raise funds. The group reports a rise in pre tax profit to 13 percent annual rate, with net profit up and dividend held. Debentures carry 7 year terms with interest and premium options, underwriting by Melbourne firm.

Carlton and United Breweries Ltd E. A. Watts Holdings Australian Paper Manu Ltd Big Construction Group Facturers Ltd Pn A Golloy Madel Associated Companies Lion Pie Ekiercg Millio Truck Eee Bebkesox Ursne Ting Company Melbourne Ues Victoria New South Wales Queensland BHP Esso Ford Carlton Brewery Melbourne Cooperative Castlemaine Brewery Cohn, Foster and Shamrock Ballarat Brewing Co Frighte Ltd Met Bourne Broking E. Pect C. Baillieu Tan Potter and Co

West Germany denies plan to revalue currency

Bonn reports Finance Minister Franz Josef Strauss and Economics Minister Karl Schiller deny any government move to revalue the German mark amid renewed speculation. Strauss calls it a radical no while Schiller repeats nein none niet. The remarks came at a press conference during a period of market talk over currency shifts.

Bonn West Germany Franz- Josef Strauss Karl Schiller Herr Strauss Herr Schiller

Import-Export Gap Narrowed in Early FY Figures

The first two months of this financial year show imports exceeding exports by 60.6 million, up from 55.7 million year earlier. On a seasonally adjusted basis, exports surpassed imports by 30.0 million in August, compared with 28.2 million in July, with freight and insurance estimates of 20.4 million for six months to December 31, 1967. Tax rose 60 percent from 318,288 to 510,102, while Waltons' tax losses from the Marcus Clark Group takeover are noted, suggesting reduced benefits in 1969 profits.

Statistics Bureau Waltons Marcus Clark Group

Waltons Ltd posts 53 percent profit rise to 5 million

Waltons Ltd, the four state department store chain, reports group net profit up 53 percent to a peak 5 million dollars for the year ended July 31. The rise comes despite a 53 week period and includes strong gains from homewares and apparel with one new Sunshine Victoria store. Chairman J R Walton notes tightened debt scrutiny and anticipates continued expansion.

Waltons Ltd

Gibson Kelite dividend rises after record sales and profits

Gibson Kelite Industries Ltd, Melbourne based chemical and water engineering group, lifts dividend from 12 to 14 per cent after a year ending June 30. Trading profit reaches $284,000, up 11 percent, yielding 21.7 percent on capital. Sales climb 13 percent to $4,562,000 with continued growth expected.

Gibson Kelite Industries Ltd Chemical Products and Water Engineering Group

Yarra Falls to lift dividend across networks

Yarra Falls Ltd and Wide Bay-Burnett Television Ltd doubled dividends for the year to June. Yarra Falls reported higher profits with net income rising to 67,706 and earnings up to 18.0 percent, while tax provisions and depreciation also increased. The company began telecasting in 1965 and forecasts stronger results for the year ahead amid improved activity in all mills and a drought-impacted past year.

Wide Bay-Burnett Television Ltd Maryborough Bundaberg Gympie Queensland All Mills Johnlardar Bunda- Brown Com-Herg Broadcasters Pty Ltd Yarra Falls Co Ply Ltd Bundaberg Newspaper Pty Ltd Mary Borough Broadcasting Co Anles Birch, Carroll and Coyle Bundiberg Pty Td

Also Mentioned on This Page

Watts C.U.B APM Curion Shire Debenture Ivollet Were Ghana Phe McRae Jeusan A. C. Goode and Co Shipmart Tma M Arcent National City Bank of New Sheanet Nfl York Bret Sewey David Jones Ltd The Three Financial Wallons Yee Ser Evenes Mararen Clark Ieft Wan Nant Osutanes Ousiess PSE Entan Mr Ine Walton Sunshine Fncb-Waltons Lion Icorp Ltd Bel J. R. Walton Gibson Kelite Yarra Falls Ltd Canberra Vimes Sudgie Roverion Tiger Burnie St Lyons Canberra News Times Office Fairbridge Cres Ainslie Fentleman Boms Canberra Times Baskett Joanne Peter Karen Elizabeth David Bothwell Murer Margaret Franz Peter Karl McDonald Ayres Aileen Ray Jamie Stanton Rachel Richard Benjamin Norman Daniel Kerr- Vaughan J. A. Vaughan Campbell Mary Philippa Philip Ian A. Kerr Yarralumis Iclarke Horne Nowra Lorna L. Gale Noel Beverley Trevor Grant Alfred William Frederick Barron Street Deakin May June David Ashmore Singapore Poppy Anthony Timo John Jarvis Edie Ethel Alfred William Bennett Jimmy Clark Dorothy K. J. Me Manus Sona Bae Raong Ste Aedny Hardman St Rucure Rhodee School London Jardine St. Kingston Leon Paul Tuner Phi Chiropractor É. CG. Paley Botdrewood Steel Turner Palmer Joyce de Gruchy Downer Community Centre Bible House Siam Allen Curtis and Partners Tasman House Hobham Place Rafter Selats Curtin Paws Allen Curtis & Partners Tasman Hobart Place Wackett Furn Queanboya Alec Evans Crawford Street Queanbeyan Natural —Health Society Cnr Condamine-Bent L. M. Davies Memoriam Leckie Kathleen Gisela Saros D. Rosch P.W.D Las New Eastern Suburbs Rugby Union and Amateur Sports Club Inc Sarton Canberra Workmens Club Spm D. Imrie K. P. Jones J. F. Sheehan Eastlake Football Club BUY Direct Flva Galle Nm Lont Inc Trade Ins W.r.&p. Woodward Kentucky Woodward Products Act Woolley Street Dickson Commonwealth OF Australia Department OF Works Phillip Melrose Drive Phillip An Solo Lord St. O'Connor Judy Salmon Francis Campion Dillingham Constructions Hancock Woodward and Neill Canberm College of Advanced Education
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