Site Chosen For Moonie No. 13

Press, Volume CII, Issue 30042, 29 January 1963, Page 17

Site Chosen For Moonie No. 13

(N Copyright) SYDNEY, January 28. Union Oil Development Corporation today announced the site of its next Moonie well—No. 13—which it is expected to help define how far west the rich oil field extends. The acting Australian resident manager (Mr G. Feister) said in Sydney that it would be north of No. 7 and west of No. 11—last of the wells to produce oil—on the regular half-mile spacing pattern. Name Changed To Fibremakers, N.Z. (N.Z. Press Association) WELLINGTON. Jan. 27. The chairman of directors of British Nylon Spinners (N.Z.) Ltd. announces that the name of the company has been changed to Fibremakers (N.Z.) Ltd. The company, which was previoucly a subsidiary of British Nylon Spinners, Ltd., is about to become a subsidiary of Fibremakers, Ltd., Australia and this has necessitated the change of name The change of ownership of Fibremakers (N.Z) Ltd. is one outcome of an agreement concluded recently between Imperial Chemical Industries of Australia and New Zealand, Ltd., and British Nylon Spinners, Ltd. Exchange Rates Exchange rates were stable last week the only changes being marginal alterations in some of v>e rates. Telegraphic transfer rates as advised yesterday by the Bank of New South Wales are as follows: New°York: buying. 2.8009 dollars to EN.Z.I (compared with 2 8007 dollars on January 21): selling. 2 7692 dollars (2.7690) Montreal: 3.0147 dollara <3 01521. 2.9762 dollars (2 9767) Belgium 140.20 francs (same): 137 20 francs (137.10) Netherlands: 10.15 guilders <lO 14)- 993 guilders (9 92). Austria: 72 73 schillings 72 74): 71.17 schillings (71.18)

Denmark: 19 44 crowns 119 45); 1903 erowns (same) Sweden: 14 58 crowns (same): 1426 crowns (14 27) Spain: no buying quote: 165.01 oesetas (165.06). Mo Japan: 1011 yen (1010): 988 i 987).