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The Sydney Morning Herald from Sydney, New South Wales, Australia • 67

Location:
Sydney, New South Wales, Australia
Issue Date:
Page:
67
Extracted Article Text (OCR)

Hints on the market JlIIS should be a most interesting week on the share market There could be opportunities arising out of last week's mild price shake out REGISTERED FIXED DEPOSIT NOTES give you iJaanaaaa LaLmnwJ 1 mni setTl 3 YEARS OYER TWO YEARS iBii fl ft Hi I II tV ML I With SAFETY OHE YEAR conserve funds for expansion However the market does not know which reason carried the greater weight' A little more detail might have helped In the meantime one tip for the year's final dividend is something between 6i and 12i per cent But on the report it would be ufiwise to expect anything -but a lower rate for the year SANTOS the current glamour oil speculation lost some of its attractions last week Prices slipped from 34 to 276 then to 21 and then rallied to around 27 The rally might have been "technical" only There seems to have been some local impatience that this "good thing" had not yet paid off With this stock the real key to the market is in the attitude of US investors they have been the market's dominant factor Last week they were seldom seen in the market they neither bought nor sold THE intriguing new float Industrial and Commercial Holding with the strange combination of Tol-leys liquors and HartneH's fashions might tr worth watching The intention is to become a development finance rat ANNUM ADVANTAGES Yon can withdraw mm In a person! emergency SIX MONTHS Casatuanve Interest plan Very a lateral Bat The backing af aaaad ai You pay no feet or broker WHICH shares might recover? Two worthy of interest are Rothmans now selling for 419 after having been 456 recently Also Ducon Condenser which at 379 is well below the around 40 paid not so long ago Neither shares could be regarded as bargain-basement specials Yet with general market improvement there could be scope for more or less immediate gain ONE of the most pleasant surprises of the week was provided by Mark Foys Generally speaking there has been some tendency to keep away from the retailers for the understanding has been that the trade has been having difficulties Mark Foys lifted sales profit and dividend But probably of even greater significance was the statement that the increased profit resulted in part from a maintained gross profit margin and overall control of expenses At prices around 36 the shares yield 61 per cent On the latest report they seem well worth the money GEO FIELDER the Tamworth miller and grain merchant did harm last week to its excellent market reputation It passed its interim dividend after having had an eight-year record of steady 124 per cent payments since listing on the Stock Exchange The reasons were decreased profits and the desire to age AUDITOR'S CERTIFICATE i We wish to advise that the net tangible agset cover for unsecurable liabilities as at 311258 amounted to £931724 Unsecured liabilities as at 311258 amounted to £S20894 SCORER PURCELL CO Auditors PHONE CALL OR MAIL COUPON TODAY CAMBRIDGE CREDIT CORPORATION LIMITED field among investors at the moment and Bali on paper should live up to the highest expectations MERCANTILE Mutual's new Issue at par was an outward sign of this company's prosperity Yield even with the issue advantage is still low But the incentive of a growth and benefit stock is still evident Since 1953 MM's net premiums have more than doubled to £3147961 Here is growth which puts the organisation to the fore of all the Australian companies THE market has been tie mendously enthusiastic about Carrier Air It is a good stock But at 197 the return is a mere 32 per cent Principal reason is persistent London buying Deposit monies rank ahead of share capital for repayments You are dealing with experienced and reputable financiers Deposits are used for safe secure conservative types of investments With MAXIMUM Return 10 per annum for 3 years and over 9 per annum for 2 years and over 8 per annum for 1 year and over With AVAILABILITY Your money is available on request in an emergency 1st Fir Pork House 13 Park St Sydney BM6945 (4 lines) I Mall to GPO BOX 853 Sydnay Please tend me free brochure on your FIXED DEPOSIT PLAN NAME I 4 I ADDRESS SH4 WISOHMHE IMESTMEST In the meantime the Tol-leys side of it alone is expected to cover adequately the 8 per cent dividend rate THE Bali Plantations float should be one of the most sought after in recent months CO LTD BW2661 2nd Floor 13-15 O'Connell St Sydney (10 lines) YOUR NAME SALES MANAGERS' MAP OF NSW This is an Ideal map for sales planning and salec control Sales trends territories branches agents dealers customers can all be recorded quickly and clearly May be used on spring roller or on eaneite backing with a frame: Towns and villages of commercial importance are shown in an open style to allow for plenty of white space for indicating boundaries: flan pins-or any other form of marking Tfcli nun la mihllshed snecificallv or Sales and Marketing Managers ADDRESS SH to CKAHilE MAP (JOMTANY 76-78 ARlnllK SIMfcfcJ IXUJT1U SYDNEY XB69U M49 New Guinea is a popular rmsM mk Trill i i fcrfmiMfti Outstanding Investment! NEVER-BEFORE-OFFERED WITH ABSOLUTE SECURITY For the first time in the Southern Hemi-sphere we are offering you the opportunity of investing in a chain of revolutionary type Dispensing Machines sited at key points in the heaviest traffic areas We are at present Installing a large number of Vending Machines including those vending KOTEX Feminine Napkins and KLEENEX Tksucs hi the Sydney area Exclusive rights for the distribution of these products through automatic machines have been made available to this Company These Internationally advertised products are Meal for automatic merchandising no work or operating is required for the investor who becomes the sole owner of the machinery siting restocking and collection Is carried out for yon By making these articles available in vending machines we are serving a need that has rang been desired by the public To Hygienic Products (Automatic) Fry Ltd 65 Darlinghurst Road King's Cross Please send me full details of your 20 return investment opportunity NAME (Block Letters) AnnRFss Your return of 20 per annum is deposited in a Security Trust Fund and is paid to you monthly Your holdings may be realised at any time A minimum investment of £360 is required which would return to you £72 net profit per year The siting of machines is very important therefore investors who are interested in this wonderful opportunity shouldcontact this office either by telephone (FA4301 or FA5984) or mail as quickly as possible The machines will be placed in all the leading public buildings and other readily available locations TJM Re User Kimberly-Clark of Australia Pty Ltd SH 146 MV1949 67 57 THE SUN-HERALD JUNE 14 1959.

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About The Sydney Morning Herald Archive

Pages Available:
2,319,638
Years Available:
1831-2002