TINPLATE PROJECT

Dominion, Volume 32, Issue 232, 29 June 1939, Page 12

TINPLATE PROJECT

Industry In Australia The tinplate industry in South YVales has been perturbed by the news that Australian interests propose to set up the manufacture of tinplates in that country. Between £2,500,0011 and £3,000,000 are to be spent on the proposed plant, which may be able to supply not only Australia's requirements but also part of those of the neighbouring countries. Australia has long been one of the best overseas customers of the Welsh tinplate industry, whose apprehensions can therefore be readily understood, the more so as Australia is already supplying most of its requirements of galvanized sheets and many other materials. Australians meet criticism of the development of manufacturing industries behind high tariff walls by referring to the growth of agricultural protection. in Britain and to the strategical need for the dispersion of industry within the Empire, which would render the Dominions less dependent on supplies from the United Kingdom in an emergency, states the “Financial News,” London. Australia s steel-producing capacity already exceeds I, tons per annum, and she is already supplying Britain with crude steel Dividends And Calls Farmers’ Trading—7 p.c June 29 R. & E. Tingey-balf-yearly, pref., 3 p.c ...June3o Morris. Hedstrom—final, 3 p.c June3o British Tobacco—quarterly. 2 p.c. June 30 Moonlight Goldfields —5 p.c. June 30 (Queensland Insurance —hit., 5 p.c. July 1 Felt and Textiles—second pref., 6 p.c., p.a L July 1 Fairymead Sugar—final, 5 p«c. July 1 National Mortgage—-1 nt., 2.) p.c July » Zinc Corporation—final, pref, and ord., 1/6 a share (less tax); int., pref., 2/- a share less tax lulv i Komata Reefs—3d. a share (stg.) . July 1 11. M. Arcade —int., pref., 2 3-5 p.c.; ord., 3 p.c July 1 National Bank of N.Z.—final, 21 p.c. ’ less Brit. Inc. tax Inly 4 Blackball Creek Gold—lo p.c July 4 Consolidated Brick final 3 p.c. Julv 5 New River Gold—ld. a share .... July 7 Woolworths (N.Z) int. 5 p.c. July 15 Woolworths Properties—half-year-ly. preferred ord. 3 nc. ... July 15 G. J. Coles—half yearly prof., 4 p.c. July 15 Okarlto Gold —10 p.c July 22

Toohevs Ltd. —new. 8/ a snare lune 21 Broken Hill Pty.—new final. 3/- a share - July 41