OVERSEAS TRADING

Press, Volume CVIII, Issue 31663, 26 April 1968, Page 16

OVERSEAS TRADING

SYDNEY B. dominated a firm stock market when the shares rose 110 c .to reach a new peak of 2280 c on the Sydney Stock Exchange on Wednesday. The previous peak in the stock was reached last Monday The shares opened at 2180 c and by 1 p.m. had put on a further 40c to 2220 c. In the last three-quarters of an hour of trading the shares rose 60c to 2280 c. In the mining section highs were also reached by C.R.A., Hamersley and Mount Isa. C. put on 30c to 1490 c after reaching a record 1500 c. Hamersley opened strongly in the morning and went to a new high of 1130 c. This was a gain of 50c on Tuesday’s last sale. Mount Isa was another miner to stand out. The shares put on 44c to reach an all time high of 704 c. Western Mining Corporation was also in demand with the shares putting on 70c to 980 c. The all ordinary index gained 10.99 to 525.55 while the industrial index gained 8.23 to reach a new peak of 431.99.

Sales.—B. H. South, 474; Cleveland Tin, 113; Com. Mining, 445; Cons. Gold, 700; Cons. Rutile, 142; C.R.A., 1490: Emperor, 193; C.R.A., 1490: Emperor, 193; Hamersley, 1130; Kathleen Inv., 558; Mt Isa, 704; New 8.H., 1070: N.A.U.C.. 79; Qld Mines, 450 Western Mining. 980; Ampol Expl., 260; A.0.G., 185; Exoil, 47; Longreach, 79; Mid East, 72; Planet, 54; Woodside. 175: Amalg. Chem., 49; Ampol Pet., 120: Ansett, 62: A.W.A., 192; Ass. Securities, 171; A.C. Ind., 300; A.G. Corp., 189; A.N.1., 31; Bank N.S.W., 680; Berlei, 225; Big Sister, 320; Blue Metal. 165; Boral. 150; Borg. Warner, 175: Bramble, 151; British Tobacco, 277; 8.H.P., 2280: Burns Philp, 385; Carpenter, 202; Clyde, 73; Coles. Ill; C.S.R., 482; C.A.G.A., 202; Com. of Syd., 298; C.8.A., 292; Concrete Ind., 42; Courtaulds, 60; E.Z. Ind.. 350; Elder G.M., 250: Email. 78; Fairfax, 253; Fairymead, 110; Feltex, 65; Hanimex, 138; Hardie J.. 420; Healing A. G., 17: Hooker. L. J., 59; Hordern A., 78: 1.A.C., 125; Jones D., 122; Lend Lease, 140; Lifesavers, 210; Lysaght. 335; McPhersons, 275; M.L.C., 1280; Marrickville, 76: Mauri, 212; Miller R. W., 122; Myer, 413; N.Z. Forest, 285; News, 245; Olims, 121; Peko W.. 1050, opts, 590; Penfold, 385; Pioneer Concr.. 145; Pioneer Sugar. 168; Pye, 85; Rothmans, 226; Sleigh, 80; Thiess, 485; Tooheys, 132; Tooth, 590: Travel Lodge, 107; Union Carbide. 690; Waltons, 84; Woolworths, 112.

MELBOURNE B.H.P. dominated trading on the Melbourne Stock Exchange and more than »lm worth of shares changed hands by lunchtime. Sales ranged 2190 c to 2280 c, and closed 120 c higher at 2270 c. Peko up «0c to 1060 c was a notable move while other industrials moved narrowly. Copper producer. Mt Isa, now in the nickel search, closed up 50c at its peak 710 c.

New Broken Hill up 130 c to 1100 c, Hammersley. up »0c at 1160 c. and Cons Gold up 80c to 700 c led solid gains which covered practically the whole minings list. Oils were firm.

Salas—Ampol, 119: Ansett, 62: A.R.C., 72: Assoc. Pulp, 154A. 2298: A.P.M., 150: Bank N.S.W.. 688: Boral. 150; B.H P , 2270: Carlton, 400; Cub Z.. 395Coles, 111; C.S.R., 480; C.8.A., 290; Com. Union. 195; Containers, 245: Cyclone, 145: Drug Houses. 123; Dunlop, 222: Electronic Ind., 115: Email. 79; E Z Inds, 348: Factors. 18: Feltex, 65: Gollin, 76; Gordon Gotch. 170; Herald. 560: Hooker, 59Humes. 310: 1.C.1.A.N.Z., 215Jennings. 248: Jones H., 233Kauri, 20; Mayne Nickless. 283; Mcllworth J.. Ill: McPhersons. 274: Minster, 106: Morris P., 512: Myer, 475: Myttons, 130: Nat. Bank. 315; Nat. Consol., 188; Nylex. 120; Olympic. 104, Petersville, 39: Repco. 172; Rocla, 182; S.A. Rubber, 100: Sleigh, 79; Smith H., 395; Swan Brew., 278; Yarra, 144; A.A.0., 95; Aberfoyle, 238; B.H. South. 480; C Norseman. 400: Cons Gold, 700: C.R.A., 1500; G.T. Boulder, 630: Hamersley. 1160: Loloma, 300; Magellan. 240: Metals Exp.. 620; Mt Isa, 710; Mt Lyell, 181; New B. 1100: North 8.H.. 824: Oil Search. 82; Renison. 510; Santos. 230; West Mining, 1000; West Titanium, 485. LONDON Wednesday's Closing Prices.— North 8.H., 81s 6d; B.H. South, 455; 8.H.P., 218 s 6d; R.T.Z. ord.. 130 s. and reg.. 129 s 6d; Mt Lyell, 16s 49d; Nth Kalgurli. 425; Lake Views, 41s 9d; Ampol, Ils 7jd; Alder Smith. 22s 9d; Dalgety, 43; A.N.Z. Bank, 85s 7Jd; Nat. Bank, 30s 6d; Bank N.S.W., 73s 9d: P. and 0., 35s 4d; Tansport Dev., 14s 9d; Brit. American Tub., 120 s: 8.M.C., 14s Id; 1.C.1., 59s 3d; Distillers, 22s 4d; Glaxo, 77s 6d: Lloyds Bank, 64s 9d; Marks Spencer, 46s lOd: Plessey, 29s 7Jd; Prudential "A,” 58s: Reed Paper, 46s 3d; Shell Transport, 775; Unilever, 725. Sales To 11 a.m.—Mt Isa, 64s 9d; New 8.H., 98s Id: Western Mining, 945; Hamersley, 110 s 4d; Cons Gold. 63s 9d.