Oils Lose Ground In Australian Trading

Press, Volume CI, Issue 29716, 9 January 1962, Page 14

Oils Lose Ground In Australian Trading

Oil shares lost ground on both Sydney and Melbourne Stock Exchanges yesterday. In Melbourne oils were active with Australian Oil and Gas losing 5s to 59s and other oils going lower in sympathy.

The Sydney stock market eased in moderate trading. Metals were irregular, textiles were weaker, while uraniums and Commonwealth Loans closed firm. Investment shares were irregular on Melbourne with some leaders losing ground. Main strength was among second-rank issues. Base metals and loans were firm. Sales on Sydney and Melbourne were: SYDNEY Sales.—Comm, of Aust., 16s 9d; Nat., 12s 6d pd.. 20s; Nat., 20s pd., 33s 6d: Bank N.S.W., £35 ss; Tooheys, 30s; Tooths. 62s 3d: A.G. Corp., 16s 9d; Cons. Holdings. 20s 9d: J. Fairfax. 27s 6d; Ampo! Pet., Ils 6d; A.W.A.. 20s lOd; A.C. Inds., 71s, and rts., 38s 3d; Brit. Tob.. 265; Bitumen. 25s 3d: 8.H.P.. 69s 6d: B„ Philp. 925; Clyde Inds., 10s lid; C.S.R.. £5B 10s: D. Jones, 18s 9d; Drug H., 70s 6d; Dunlop, 375; E.Z. Inds.. 12s 9d: Email, 8s; Feltex. 7s 6d; G. J. Coles, 13s lid; Goldsbrough. 28s 9d; H. Jones, 80s; 1.C.1., rts., 8s 3d: L. J. Hooker, 7s Id; Moulded, 14s; R. Murray. ss; Waltons, 14s 7d; Woolworths. 15s 7d, and notes. 13s 7d; W. R. Carpenter, 30s; A. Hordern, 295; Blue Metal Ind., 22s 9d; Brambles, 21s 6d; Carapark. 6s 6d; H. G. Palmer, 15s 3d: J. Lysaght. 655; L.N.C. Inds., 8s 3<J; R.M. Cone., 17s Id; Taubmans, 8s 3d: Mt. Isa, 71s 6d; Nth. 8.H., ctg., 6s; Sth.

and G.. 58s 6d: Oil Search, 2s 3d; Timor, 4s 3d; Kath. Inv., 19s 9d; N.A.U.C., 2s 7d; N.G. Gold, Is 9d: Placer, £ll 15s; Rio' Tinto, 15s 9d. MELBOURNE Sales.—A.N.Z. Bank, 20s pd.. 51s; A.N.Z. Bank, 20s fully pd., 525: Bank of N.S.W.. £33 ss; Courtaulds. 10s; Ducon. 12s lid: Frigrite, 23s 6d; Gerrard, 17s 9d; Moran Cato. 28s 6d; Nat. Bank, 335; Nat. Bank, 12s 6d pd., 19s 9d; N.Z. Forests, 42s 6d; Taubmans. 8s Id; Toppa, 9s 8d; Ampol, Ils sd; Ansett. 5s 2d; Assoc. Pulp. 31s 6d; Aust. Chemical, 29s 9d; A.P.M., 25s 9d; A.C.1., 71s, and rts., 38s 4d; A. 21s; Bradford Cotton. 8s 4d; Brit. Tobacco. 25s 9d; B. 69s 9d; Carrier, 15s 3d; Clyde, Ils; C.S.R., £5B 15s: Cox Bros.. 7s sd: Custom Credit. 13s 2d; Dunlop. 375; Electronic B, 13s 3d; Email, 7s lid; E.Z. Indust.. 12s 6d; Factors. 2s 2d; Felt, Textiles, 7s sd; G. J. Coles, 13s lOd; Gordon, Gotch, 16s 8d; H. C. Sleigh. 12s 2d: Henry Jones, 80s; Herald, 61s; Hilton, 8s 3d; Humes. 73s 3d; 1.C.1., A., N.Z., 38s 6d. and rts., 8s sd; I. 13s Id; John Lysaght, 65s 6d; Kauri, 10s; L. J. Hooker, 6s lid; Moulder Products, 13s lOd: Myers. 29s 9d; National Consol.. 26s lid: Olympic. 7s 7d; Reid Murray, ss; Repco, 12s 9d; Swan, IBs; Waltons, 14s 7d; Woolworths, 15s 6d, and notes, 13s 8d; B.H. South, Ils 9d; Mt. Isa. 725; Mt. Lyell. 6s lOd; New 8.H., 50s; North 8.H., 17s 9d; Aust. Oil. Gas. 595; Interstate, Ils 3d; Oil Search, 2s 4d; Santos, 12s; Timor, 4s sd; Commonwealth Mining. 8s 6d.