OVERSEAS TRADING

Press, Volume CVIII, Issue 31584, 23 January 1968, Page 15

OVERSEAS TRADING

SYDNEY Mining stocks dominated trading on the exchange yesterday. Nickel stocks were particularly active with Western Mining and Metals Exploration standing out. This came after renewed interest in nickel stocks in London on Friday. Metals Exploration rose 180 c to 580 c. The company stated that the results of a drilling programme are being assessed and a report will be released on Thursday. Earlier announcements indicated 35m to 50m tons of nickel bearing laterite. The recently completed programme was aimed at confirming the nickel grade within this already outlined deposit. Western Mining Corporation continued to gain ground with the shares gaining 100 c to a new peak of 3900 c. After an announcement of a new iron ore contract, Hamersley Holding gained 70c to 900 c. Great Boulder Gold Mines rights rose 70c to 420 c. In the investment section B.H.P. stood out with a 40c gain to 1685 c. Sales.—B.H. South, 560; Cleveland Tin, 133; Cons. Gold, 674; Cons. Rutile, 152; C.R.A., 1170; Emperor, 65; Hamersley, 900; Kathleen Inv., 560; Mt Isa, 490; Mt Morgan, 910; New 8.H., 940; N.A.U.C., 83; Qld Mines, 430; Western Mining, 3900; Allo Dev., 42; Ampol ExpL, 193; A.0.G., 205; Ex Oil, 33; Longreach, 65; Mid East, 64; Planet, 46; Woodside, 180; Ampl. Pet., 95; Ansett, 61; A.W.A., 209; Ass. Securities, 187; A.C. Ind., 310; A.G. Corp., 181; A.N.1., 29: Bank N.S.W., 672; Berlei, 250; Big Sister, 255; Blue Metal, 158; Boral, 182; Borg Warner, 170; Bramble, 120; British Tobacco, 288; 8.H.P., 1685; Burns Philp, 350; Carpenter, 196; Chem. Materials, 110; Clyde, 74; Coles, 125; C.S.R., 455; C.A.G.A., 165; Com. of Syd., 300; C.B.A. x.d., 290; C.1.G., 300; Concrete Ind., 38; Courtaulds, 52; Custom Credit, 111; E.M.1., 305; E.Z. Inds., 350; Email, 68; Fairfax, 230; Feltex, 48; Hanimex, 100; Hardie, J., 385; Healing, A. G., 17; Hooker, L. J., 61; Hordern, A., 54; Jones, D., 117; L.N.C.,

64; Lend Lease, 100; Lifesavers, 222; Lysaght, 325; McPhersons, 255; Marrickville, 87; Mauri, 200; Miller, R. W., 124: Newbold, 110; News, 280; Nutt and Muddle, 39; Olims, 90; Paynter Dickson, 194; Peko W., 908, and opts., 610; Penfold, 360; Petrochemical, 52; Pioneer Concr., 140: Pioneer Sugar, 175; Protector, 202; Provincial, 102; Publishers, 180; Qld Ins., 550; Rothmans, 217; Sleigh, 69; Taubmans, 90; Thiess, 492; Tooheys, 116; Tooth, 580; Union Carbide, 585; Waltons, 81; Woolworths, 118. MELBOURNE Solid gains covered the full list of minings. Nickel issues led, Western Mining moving 150 c higher to 3900 c and metals exploration up 180 c to 570 c after touching 590 c. Oils were firm. Industrials were firm, B.H.P. up 35c to 1685 c, E.Z. Industries up 13c to 355 c. Most other moves were moderate. Peko dropped 16c to 904 c. Sales.—Ampol, 95; Ansett, 6.1; A.R.C., 85; Assoc. Pulp, 135; A.C.1., 310; A.K, Cement, 120; A.P.M., 141; Bank N.S.W., 670; Boral, 180; 8.H.P., 1685; Brolite, 115; Carlton, 425; C.U.8.Z., 360; Carrier, 80; Coles, 124; C. Sugar, 453; C.B.A. xd., 290; Com. Union, 162; Containers, 223; Cox Bros, 1; Cyclone, 127; Davies Co*op., 37; Dunlop, 190; Email, 67; E.S.A. Bank. 720; E.Z. Inds, 355; Factors, 19; Feltex, 52; Gollin, 72; Gordon Gotch, 175; Herald, 530; Hooker, 61; Humes, 348; LC.I.A.N.Z., 200; Jennings, 203; Jones H., 255; Kauri, 18; Mayne Nickless, 298; Mcllwrth J., 103; McPhersons, 253; Minster, 115; Morris P., 445; Myer, 463; Myttons, 113; Nat. Bank, 315; Nat. Consol., 230; Nylex, 95; Olympic, 83; Overseas Corp., 172; Petersville, 36; Repco, 235; Rocla, 168; S.A. Rubber, 80; Sleigh, 67; Smith H., 340; Swan Brew., 340; Yarra, 123; Aberfoyle, 239; B.H. South, 560; C. Norseman, 330; Cons. Gold, 676; C.R.A., 1170; Gt. Boulder, 790: Hamersley, 880: Loloma, 325; Magellan, 225; Metals Exp., 570; Mt Isa, 487; Mt Lyell, 185; Mt Morgan, 910; New 8.H., 950; North 8.H., 790; Oil Search, 57; West Mining, 3900; West Titanium, 345.