SHAREMARKET INDICES

Press, Volume C, Issue 29444, 21 February 1961, Page 19

SHAREMARKET INDICES

Sharemarket ludice* are:— New Zealand—Reserve Bank iJanuary H 1958. equals 1000): Aust.

Timor Oil.—Directors of Timor Oil, Ltd., Sydney, report that the Matai No. 1 well, in Portuguese Timor, continues to flow oil and gas. When logging and further cementing are completed gun perforating and production tests will be conducted, they say. Trade winds drill crew plans to drill a test hole 1000 feet from Matai No. 1 to obtain stratigraphic correlation. "This should give added confidence in locating the next well to be drilled in the area,” directors state

Dredge Returns. Following were the returns from dredges operated by Gold Mines of New Zealand, Ltd., on the West Coast for the half-month ended February 15:—Arahura, 597 ounces of bullion from 111,000 yards of material, excavated In 236 hours; Kaniere, 415 ounces of bullion from 202,000 yards of material, excavated In 245 hours.— (F.0.0Jt.)

NZ. NZ. shares 1960. ord. pref. nN.Z. Jan. 28 .. 1242 971 1161 Feb 25 .. 1219 959 1172 Mar. 31 •• 1192 957 1199 April 28 •• 1220 972 1193 May 26 .. 1285 992 1193 June 30 .. 1320 998 1218 July 28 Aug 25 .. 1309 •• 1358 999 1005 1237 1225 Sept 8 .. 1364* 1019 1245 Sept 29 .. 1352 997 1208 Oct 27 .. 1325 1001 1187 Nov. 3 .. 1312 992 1176 Nov. 10 .. 1283 995 1125 Nov 17 .. 1242 995 1019 Nov 24 .. 1259 998 1109 Dec. 1 .. 1273 997 1082 Dec 8 .. 1258 997 1107 Dec 15 .. 1264 997 1090 1961 fan 28 .. 1242 911 1161 Feb 2 .. 1280 1002 1015 Feb 9 1272 1003 1025 Feb. 16 .. 1267 1004 1015 New York.—Dow ones: Shares 1960 Rails Indust. sold Jan. 5 • 160 43 685.47* 3,710,000 Dec. 30 .. 130.85 615.89 5.300,000 1961 Jan 31 • 141.71 648 20 4,690,000 Feb 1 . 142.45 649.39 4,380,000 Feb 2 . 142.9 653.62 4,900.000 Feb 3 .. 143.10 652.97 5,210.000 Feb 6 . 142.09 655.65 3.890,000 Feb 7 .. 141.66 643.94 4.020,000 Feb 8 .. 142.41 648.85 4.940.000 Feb 9 .. 141 76 645.12 5.590,000 Feb. 10 .. Feb. 13 . 140.64 639.67 4.840,000 139.68 637.04 3.560.000 Feb. 14 . 140.45 642.90 4.490,000 Feb. 15 . 143.31 648.89 5.200.000 Feb 16 . 144 29 650.86 5.070.000 Feb. 17 .. 144.32 651.67 4,640.000 London —Financial Time (tndustria] ordinary 1935 equals 100. Government 1926 equals 100; gold 1955 equals 100) Indust 1960 ord. Govt Gold Jan 4 .. 342.9* 89.94 89 7 Dec. 30 .. 305.3 7912 75.0 1961 Jan. 20 .. 314.2 75.0 Jan 31 .. 314.2 78.42 75 0 Feb 1 .. 314.5 78.40 74.9 Feb 2 .. 315.0 78.36 73.1 Feb 3 •• 318.1 78 27 72.9 Feb. 6 .. 320.3 78.13 71.3 Feb 7 .. 320.6 77.90 71.0 Feb 8 .. 322.5 78 24 71.5 Feb 9 .. 322 5 78.27 72.1 Feb 10 .. 321.0 78.54 72.0 Feb 13 .. 318.7 78 42 71.0 Feb. 14 .. 317.8 73.34 69.9 Feb. 15 .. 318.5 7838 69.0 Feb. 16 .. 319.9 78 89 68.8 Feb. 17 .. 321.8 79.05 69.2 Sydney.—Sydney Stock change (July 1931-June equals 100): Ex1939) 1960 Banks Retail Indus Sept 18 .. 149 06 459 33 •874 98 Dec 23 .. 128.42 350 74 296.60 1961 Jan 31 .. 134 32 360.21 307 14 Feb 1 .. 13468 361 36 311 66 Feb 2 .. 134.50 361.17 312 58 Feb 3 .. 134 OS 364 23 363.06 Feb 6 .. 134 08 364 23 313.06 Feb 7 .. 133.51 364 58 314.74 Feb 8 .. 135 21 366 40 316.13 Feb 9 .. 135.71 367.13 318.66 Feb 10 .. 13595 365 73 315 45 Feb 13 .. 135.20 363.90 309.59 Feb 14 .. 134.14 358.84 303 94 Feb. 15 .. 133.54 446.94 302.52 Feb 16 .. 133.63 356.42 301.61 Feb 17 .. 134 05 358 70 30275 Feb. 20 134.24 359.66 300.96 •Record —