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CARGO RECEIVING DEPOT. USE OUR SEA-ROAD SERVICES THE CENTRAL CARRYING CO. LTD. (ESTD. 2S YEARS) HAS PLEASURE IN ANNOUNCING FOR YOUR CONVENIENCE . FACILITIES FOR CONTINUOUS RECEPTION OF CARGO FOR THE FOLLOWING PORTS:— WHJJNGTOH - NEW PLYMOUTH - RA6LAN ONEHUNGA - NAPIER r 6ISBORNE IN CONJUNCTION WITH DOMINION STORAGE & WAREHOUSING CO. LTD., At 104 BYRON STREET, CHRISTCHURCH. OPEN From 7.30 a.m. - 5 p.m. daily except Sun. 8 a.ni. - 11 a.m. Saturdays. In Addition: Containers and Container Service Available. Depot to DepotDepot to Warehouse Warehouse to Warehouse. Protect your goods from damage and pillage from production to buyer. Economical Rates Regular Service Dependable I TELEPHONE 64-026, FOR THIS SEA-ROAD SERVICE.

SIR WILLIAM McFADZEAN’S STATEMENT The following are extracts from the £8 million over the last tew years It facilitating an even doser 00-oper»uoa circulated Statement of the Chairman, is a striking fact that when these and co-ordination of overall effort Sir William McFadzean, C.A., Com- orders have been completed there will tn Australia panion 1.E.E.. on the 1962 Accounts. be more a.c. railway electrification tn We are determined too that thia is 1962 was not an easy year in many India than tn any other country—the and will be developed as an Auatrarespects but overall the BICC Group great majority installed by British llan/British partnership, and the fact made steady progress and further Industry and won against fierce inter- that there are large and influential expanded its interests. national competition. Australian shareholdings is something As a result of the change tn content The export market was very active we greaUy value. of our sales, the enjoyment of more with orders received from 44 countries And so we give furthw proof of our realistic prices for some of our pro- including five 365 foot towers supplied Relief in the Commonwealth tn which ducts, and the fact that we were able for the new television network in th * “£<7 . Gro ?P h “ to contain increased costs through still Northern Niaeria and erected bv our substantial investments. further efficiency, Surplus on Trading Nigerian subsidiary Bu * H* l * does not ’ blind us to ths improved by some £lB million. B necessity and duty of our endeavourHriMK irrirns „ . ,„„ OVERSE S B AFFAIRS ing to increase our exporta and HOME AFFAIRS For 1962 the value of export orders business everywhere and we have been Power Cables. Substantial orders were and sales effected abroad totalled some a.tive in most countries of the World, received from the Nationalized Indus- £47 million or 31% at our total sales. j mentioned laot year the stepa we had tries and from overseas and all our This does not include the value of our taken to Increase our business tn home factories operated at high level products sold to other manufacturers Europe. The breakdown of the of activity particularly in th* high and incorporated in the goods they Brussels negotiations was a great disvoltage cable field. * send overseas—a substantial contrL appointment to us but tar from Important overseas orders include bution to exports which unfortunately relaxing we are pursuing our efforts those from the China Light and Power cannot be accurately assessed. with even greater vigour, and I am Company for 66 kV 3 core cable, All our main companies overseas in glad to say with increasing success, value £409.000, and for 3.000 yards of Australia, Canada. India, Malaya, future PROSPECTS 33 kV, 3 core cable supplied on a drum Rhodesia and South Africa had good Nothinc is surelv crf more funda15 feet diameter and weighing 66 tons years and our overseas operations fining “ t hT7upita St j?U e e£ ral made mOfct of ft*. £3s Jf 3 core total value £271000- and pro « less th* whole World than the provision Polanrl tor iSSton nt 01 Particular satisfaction to us was of electricity for power, light, host 15 kV cable vahm£ 173 non 150 “ t ll ® swin « b F our Canadian Company and communication purpose*. What is Kv cable, value £173.000. from a loss in 1961 to a reasonable is principally required of u* in BICC Construction. Our Construction Com- profit in 1962, and the further marked is that we should be able successfully pany, wholly concerned with the progress achieved by our operating to meet competition from home and installation and/or erection of our units in Australia. overseas companiC* within our field Group products, had another success- To the latter we have been privileged in supplying the mean* of providing ful year and now employs some 9,000 to add, towards the end of the year. this vital source of energy. In 1962 people throughout the World. Metal Manufacturers Ltd. and It* Sub- we feel we have made further good Overseas, cables were supplied and sidiaries. This Company was started in progress to- this end. laid in Australia, Malaya, Hong Kong, 1916 with an initial Capital of A £BO,OOO As regards 1963, th* abnormal Pakistan, Portugal and South Africa. and with the old 8.1. Company aa one weather in January and February ha* As widely announced in the Press, of the five original shareholders, very severely restricted th* activities an agreement was concluded with Over the yearn we have added to of our Construction Company in th* , British Railways for the design, supply our shareholding and have acted as United Kingdom and has caused * and installation of overhead equip- technical advisers and sales agents build-up of stocks, particularly power meat for the electrification of the main for many of their products. Together, cables, awaiting installation. We shall, line from Euston to Crewe. This order and with various partners, we have of course, do our utmost to catch up for approximately 1,000 track miles, is branched into new fields in Australia. with this backlog, but with the heavy the largest of its kind ever to be and today the Issued Capital of Metal programme of work we have on hand placed by a railway undertaking and Manufacturers is A£8,000.000. Our it will take time. Fortunately many of we were Indeed proud to be entrusted employees in Australia now number our other activities were not affected with it. , 7,500 and- the Group Net Assets em- and, in the absence of any further Overseas our main activity in rail- ployed there exceed £23 million sterl- exceptional circumstances, lam oonway electrification has again been in ing including some £2O million relating fident that our result* tor the year as India where we have been fully occu- to the new members of the Group. a whole will be satisfactory. pied. It is gratifying to report that Mr M. L. Balllleu. the Chairman I am equally confident of th* future further orders have been received with of Metal Manufacturers, and all his of the BICC Group, for we are in a value of over £2J million, bringing colleagues share our view that this grand fighting trim, with ever inour total such orders up to some will be to the benefit Of us all in creasing efficiency our constant aim consists of 66 Operating Divisions and Companies, employing 46,000 people In manufacture In 16 countries and trading in over 100. SALES amounted to £153 million of which £47 million or 31% represented Direct Export and Sales of Overseas Concerns. TRADING PROFIT, and Investment Income amounted to £8.580 million, but after providing for Taxation and crediting Exceptional Items NET AVAILABLE PROFIT of the Group was £5.036 million. TOTAL ASSETS EMPLOYED, including those of the new Australian Members of the Group are £l4O million, PROVIDED BY Profits retained In the business, Debenture Loan Stock and Share Capital owned by some 42,000 Stockholders. BRITISH INSULATED CALLENDER'S CABLES LIMITED

&y Bamford " 1 '■'—: r-=- 1 thia f <wl E I HI TWO MODELS Bamford MlO3 HP|LXU7tI Bamford MBO (inset) Features common to both these Combines include:— New* simple transmission system gives direct drive , *' I - to main driving wheels. Overload slip clutches fitted '%> I to cutter bar and elevator, auger, grain elevator and ..> 9 r ~ "‘*T tailings elevator. Design of concave avoids clogging . _ _ I troubles; generous cleaning area. *l W I Pick-up reel hvdraulically lifted, controlled from Zl PIK it 14--4— Hr » ■ ' driver’s seat. Twin-ram hydraulic jacks to raise or lower Zlt Lixirlji tß»p3 *• Z s 'T '>'"' ,, '' , the cutter bar. Hydraulic control of a wide range of F*Fli" V 1 'lmT' T T ' ! wCri ground speeds. Easy steering. Fitted with Disc Brakes. ~!b' < Also has independent hand brake. Greasing operations. - drastically cut only one-third of the usual number of \ VK. dw»F? ..J' a gJS -'- ’»‘V-S&Yx S”, greasing points. Proved beyond doubt to be the finest *£*£, 'mSiHm ' X Combines operating in any conditions. ‘ The MlO3 features an 80 lip. diesel engine which allows ' /• *’£7 SiM-J’ for a very large output the 5.180 a 54 h.p. diesel ||^fl^wpß !^H|^M^HßHnHHHpMHH|lHM|rafclWMr^ engine allowing for an output approximately three quart- • ers that of the larger machine. * SsfißßßrSi Provincial Agents: '* J. B. Mac Ewan & Co. Ltd. CA REID & GRAY LTD. '' ... J'.. ■O«Wf

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Bibliographic details

Press, Volume CII, Issue 30125, 8 May 1963, Page 19

Word Count
1,476

Page 19 Advertisements Column 1 Press, Volume CII, Issue 30125, 8 May 1963, Page 19

Page 19 Advertisements Column 1 Press, Volume CII, Issue 30125, 8 May 1963, Page 19