OVERSEAS TRADING

Press, Volume CVIII, Issue 31661, 23 April 1968, Page 23

OVERSEAS TRADING

SYDNEY B. continued to dominate trading on a bullish stock market yesterday when the shares rose to a record 2230 c, eased back slightly to 2170 c and later firmed to close at 2210 c. This was a gain of 160 c on Friday s last sale. Western Mining Corporation, although overshadowed by 8.H.P., was another stock that stood out. The shares opened at 950 c, rose to 990 c, eased back to 910 c and later firmed to close at 930 c, a gain of 40c over Friday's last sale. C. was another miner to stand out when buyers pushed the shares up 60c to a new peak of 1470 c. Another good rise was recorded by Mt Isa. when the shares put on 36c to 626 c.

Bank stocks also gained ground with the Bank of New South Wales gaining 10c to 684 c.

Sales.—B.H. Sth, 485; Cleveland Tin. 114; Cons. Gold, 594; Cons. Rutile. 148: C.R.A., 1470: Emperor, 165; Hamersley. 1085: Kathleen Inv., 550: Mt Isa, 626: New 8.H., 950: N.A.U.C., 65: Placer. 3200; Qld Mines. 425: Western Mining. 930: Allo. Dev., 58; Ampol Exp!.. 250: A.0.G.. 184: Exoil, 46: Longreach, 81; Mid East., 69; Planet. 50; Woodside, 173; Amalg. Chem., 50; Ampol Pet., 120; Ansett, 63; A.W.A.. 192; A.C. Ind.. 292; A.G. Corp.. 190; A.N.1., 30; Bank N.S.W., 684: Berlei, 225: Big Sister, 320: Blue Metal. 168: Boral, 160: Borg Warner, 170; Bramble, 151; British Tobacco, 280: 8.H.P., 2210: Burns Philp. 377: Carpenter, 200: Clyde, 76: Coles. 113; C.S.R., 470: C.A.G.A., 192; Com. of Syd.. 300; C.8.A.. 290; Concrete Ind.. 43; Courtaulds, 61; Custom Credit, 112: E.M.1., 295: E.Z. Inds. 325; Elder, G. M.. 247; Email. 77: Fairfax 255:, Fairymead, 100; Feltex. 68; Fibre Cont., 184; Hanimex, 125; Hardie, J.. 425: Healing, A. G., 18; Hooker. L. J., 59: Hordern. A, 82; 1.A.C., 112; Int. Resist.. 58: Jones. D., 124: Lend Lease. 132; Lifesavers, 210; McPhersons. 270; M.L.C., 1285; MarrickvilJe. 78; Mauri, 208; Miller, R W„ 122; Myer, 485; N.Z. Forest. 285; News, 320; Olims, 122; Peko C.. 1010, and opts., 620: Penfold, 377: Petrochemical, 50: Pioneer Concrete, 145; Pioneer Sugar, 167: Publishers. 160: Pye, 87: Rothmans, 250: Sleigh, 80: Sth Brit., 365; Taubmans, 90: Thiess, 457: Tooheys. 129; Tooth, 588; Travel Lodge, 102; Union Carbide, 600; Waltons, 83; Woolworths. 113.

MELBOURNE B.H.P. dominated early trading and quickly rose to a new peak of 2230 c on the Melbourne Stock Exchange yesterday. The feverish demand subsided later and the stock closed 150 c higher at 2200 c. Most other industrials rose moderately. Minings were again active ?" d r » rl J lcr ,<-<l bv solid Sains , A - antl Western Mining, at 628 c r ° Se 4 ° C *" * new hieh Oils were variable. A £**•*•“ Ampol. 119; Ansett, 62: A.R.C., 72; Assoc. Pulp, 150A £ 298: A.K. Cement. 125: A.P M.. 148: Bank N.S.W.. 680 ?o°ft ra rho B 4 HP " 2200: Canton 398. C.U.B. Z. 390; Carrier, 69113: C SR - <7O; C.B.A <s9o; Com. Union, 198: Containers. 245; Cyclone. 150: Davies Coop., 36; Drug Houses, 120 Dunlop. 225: Email, 76; E Z Inds 325; Factors. 17. Feltex. 68: Gerrard, 330; Gollin, 76: Gordon Gotch, 169. Herald. 556; Hooker, 59; Humes, 305: 1.C.1.A. 205; Jennings. 244: H. Jones. 238: Kauri, 20: Mavne Nickless. 285; J. Mcllwrth. 110; McPhersons, 272; Minster, 106; Myer, 483; Myttons. 131: Nat. Bank. 310; Nat. Consol.. 193; Nylex, 123; Olympic, 103; Overseas Corp.. 180: Petersville. 39: Repco, 170; Rocla, 182: S.A. Rubber. 96; Sleigh, 80. H. Smith 402; Swan Brew., 278: Yarra. 144: A.A.0.. 90: Aberfoyle, 202: B. Sth, 484. C. Norseman. 400: Cons. Gold. 590: C.R.A.. 1490: Gt Boulder, 620. Hamersley. 1080: Loloma. 310: Magellan. 238: Metals Exp., 610: Mt Isa, 628: Mt Lvell. 178; New 8.H.. 940: Nth 8.H., 810: Oil Search, 84: Renison. 480: Santos, 235: West Mining, 930; West Titanium. 485. Wunderlich Earns Less (N.Z. Press Assn. —Copyright) SYDNEY, April 22. Net profit of Wunderlich, Ltd, declined by a further $91,121, or 11.1 per cent, to $729,912 in the year to February 29. Earning rate on ordinary capital, after deducting preference charges, eases from 20.5 per cent to 18.2 per cent. Dividend is held at 15 per cent with a final of 7j per cent.