Overseas Exchanges

Press, Volume CII, Issue 30043, 30 January 1963, Page 15

Overseas Exchanges

SYDNEY Sharp price falls In the Associated Oil group were the feature of yesterday’s market. Associated Oil dropped from Friday’s closing price of 34s Sd to 24s 3d before recovering to 27s Sd. Associated Continental closed at 3s 4d and A.O.G. was also weaker at 535. The industrial market was quiet with prices generally steady. Sales.—A.N.Z. Bank 80s 9d; Com. of Aust, 22s 3d; Com. of Syd., 44s 9d; Nat. 12s Sd pd., 26s 4d and 20s paid. 40s 9d; Bank N.S.W., £4B 10s; Tooheys, 7s 80; Tooths, 60s; A.G. Corp., 14s; CA.G.A., Ils 8d; I.A. Corp., Ils 7d; Latec Sid; Qld. Ins., £5 10s; J Fairfax, 28s 9d; A.W.A., 21s lid; Ampol Pet, Ils 4d; Ansett. Ss; A.C.1., 665; Bitumen. 265; Brit Tob., 28s 9d; 8.H.P., 49s lid; B. Philp. 78s 6d; Clyde Ind, 9s 2d; C.S.R., 575; D. Jones, 19s 3d and rts., 10s sd; D.H.A., 70s 3d; Dunlop, 50s 9d; Elder G. M.. 17s 6d; Email, 7s 9d; EZ. Indi., 15s; Feltex 9s 6d; G. J. Coles, 13s 3d; H. Jones. 76s 3d; 1.C.1.. 46s 9d; L. J. Hooker, 4s lljd; Myer, 32s 6d; R. Murray. lOJd; Rothmans. 35s 3d; Waltons. 15s 10d; Woolworths, 14s Id and notes. 12s 9d; W. R. Carpenter, 27s Sd; A. G. Healing, 10s Sd; Amal. Chem., 20s 3d; A. Hordern, 18s Sd; Big Sister, 30s 6d; Blue Met. Ind., 225; Brambles, 15s 8d; B. Philp S.S. 49s Sd; Cone. Ind.. 10s Sd; Fiji Inds, 10s; Hackshalls. 16s; H. G. Palmer, 16s lOd; Humes. 80s 3d; Lend Lease, 13s 7d: L.N.C. Inds., 8s 8d; Marrick Hold., 23s 9d; Mauri, 18s Sd; Motels Aust., 8s 2d; Moulded P., 13s 9d; Peko W., 10s 2d; Pioneer C„ 15s; R. Symonds, 4s lid; R.M.C., 10s 8a; Taubmans, 12s 4d; Thiess, Ils 2d; Mt. Lyell. 2s 4d; Mt Isa. 675; B.H. Sth., ctg, 4s 7d and paid. Us 4d; Nth. B.H. ctg., 10s 8d: Emperor, 8s 3d; Mt. Morgan, 10s 6d; Placer, £l2 10s; Ampol Ex., 12s 3d; A.A.O, 27s 6d; Am. Freney. 9s 2d; A.O. Gas, 535; Ex. Oil, Is lOd; Inter Oil, 10s sd; Mid East, 3s 3d; Oil Search, 2s 2d; Planet. 3s 9d; Timor. Is sd; Woodside, pd, 6s Sd; Kath. Inv., 17s Sd; M.K.U.. 21s 6d- N.A.U.C, Is 6d; Unit. Uran., 5s sd; Com. Mining. 10s; C.R.A.. 17s. MELBOURNE Investments maintained a firm undertone with moves small and about in balance. Sales.—A. G. Healing, 10s sd; A.W.A., 225; Ampol, Ils 3d; Ansett. 6s; Aust Chem., 21s 3d; A. 665; A.P.M., 26s 6d; Bank of N.S.W., £4B 2s 6d; Bitumen, 27s 6d; Brit. Tobacco. 28s 9d; B. 49s lOd; Carrier. 13a 4d; Clyde. 9s Id; CoL Sugar, 575; Commercial Bank. 225; Courtaulds, 14a Sd; Cox Bros.. 6s; Custom Credit. Ils 4d; Dunlop, 50s Sd; Electronic B, 16s Sd: Email, 7s Sd; EZ. Inds.. 15s; Factors. Sd; Felt Textiles, 9s 6d; General Inds., 10s 6d; Gerrard, l 19s Ud; G. J. Coles, 13s 3d; i Gordon, Gotch. 21s 9d; H. C Sleigh. Us Ud; Henry Jones 76s 6d: Herald. 58s 9d; Hilton , Us 3d: 1.A.C., Us 9d; LC.I.A--1 N.Z., 46s 3d; John Lysaght. 80s . Sd; Kauri. 4s sd; L. J. Hooker ! 4s 8d; Moran Cato. 24s 6d: Mould. Prods.. 19s 9d; Mt. Lyel Inv., 5s 6d; Myer, 32s 9d; Nat . Bank 12a 6d paid, 26s 3d; i Nat. Consol., 27s 2d; N.Z. Forest ! 46s 3d; Olympic. 12s 6d; Peters I 8s 4d; Reid Murray. lOd; Repco ? 15s 6d; Stanhill. 6d: Swan. 201 > 6d; Toppa. 10s 6d; Waltons, 15i j 10d; Woolworths. 14s 2d; Aust OU Gas. 52s 9d; B.H. South 5 Us 3d; Interstate, 10s 4d; Mt J Isa. Fls 6d: Mt. Lyell. 2s 4d 1 New 8.H., 435; North B.H. 191 5 9d; Planet. 3s lOd; Santos. 9) 5 6d; Timor, Is 4d; Mt. Morgan 10s 6d.3 2 N.Z. INDEX The Reserve Bank’s index ol 3 share prices in New Zealant (January 27. 1950, equals 1000

0 SUNNYBANK No. 1 “ (NJL. Press Asm—Copyright) MELBOURNE, Jan. 29. 0 The Associated group an- ■ nounced today that the oil o production test of Sunnybank 9 No. 1 well, near Rome, Queensland had not substantiated the targe oil produc--0 tion rate recorded during drill stem testing of the oil SI zone. However, further perforat--8 ing-indwing testing and ® evaluation was started over £ tinue. The initial flow, tinue. The initial oil flow, • between 5600 and 5825 feet, . was at the rate of 000 barrels 3 a day. 1 Coring of the whole zone of Sunnytank No. 2 should provide useful reservoir data, the group reports. It was evident that more time than 0 expected would be needed to properly evaluate Sunnybank • No. 1 weU. ® No-remittance Imports.— Imports of transport equipo ment under no-remittance • schemes totalled £l.3m, or U 10.5 per cent of total transport equipment imports, in the five months ended November, 1962. This is shown I' in a classification of imports by authority to import released today by the Government Statistician (Mr J. V. 7. Baker). ladeer Itoirttei. Indoor 6 Bowlins, Australia, Ltd., ree ported a rising profit for toe six months ended December 31. and an unchanged interim dividend of 4 per cent. The profit J was etojniTcompared with the previous full year's profit of ~ £54318 The six-montb profit “ was after £30.011 tor income tax and £1737* tor depredation “ and amortisation.—fNJLP-A.) ’ Evans J final dividend to 3 per cent.. i making * per cent, (uachsnped) • for the year. The book* will be closed from March 1 to U March 11 inclusive.

is:— 9 1962 N.Z. Aus. 9 January 25 1262 1179 February 22 1257 1179 i March 29 1241 1163 1 April 26 1266 1168 0 May 31 1367 1178 9 June 28 1359 1149 2 July 26 1341 1184 August 30 1328 1166 September 27 .. 1323 1165 October 25 1289 1191 9 November 29 1308 1218 December 20 .. 1322 1251 0 1963 0 January 17 1335 1278 January 24 J 1 ■■ ■■■ 1345 1255