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OVERSEAS TRADING

SYDNEY Western Mining Corporatlon’e latest nickel dOsooverio* in th* Kambalda North and West areas sont the shares soaring in Sydney to a new peak of 1450 c before a pocked public gallery thie morning. The shares opened at 1300 c, again of 322 c over Wednesday’s last sale, and rose quickly to a peak of 1430 c, profit takers then appeared, and the share* eased back to 1220 c. Soles.—B.H. Sth, 530; Cleveland Tin. 142; Coni. Mining, 4M; Con*. Gold, 680; Cons. Rutile, 148; C.8.A., 1500; EmEeror, 240; Htmeealey, 1240; athleen Inv„ 034; Mt lea, 710; New 8.H., 1100; N.A.U.C., 80; Qld Mines, 475; Western Mining, 1220; Alto Dev., 05; Ampol Expl., 233; A.0.G.. 177; Exoil, 53; Longreaoh, 97; Mid East, 78; Planet, 34; Woodside, 195; AmSlg. Chem., 50; Ampol, 132; Ansett, 59; A.W.A., 158; Ass. Sec., 183; A.C.1., 298; A.G. Corp., 194; A.N.1., 29: N.S.W., 720; Sig Sister, 325; Blue Metal, 166; Boral, 158; Borg Warner, 185; Bramble, 165; Brit. Tob., 280; 8.H.P., 2480: Burns Philp, 385; Carpenter, IM; Chem. Mat., 125; Clyde, 72; Coles, JU; C.S.R., 489: C.A.G.A., 200; Com. of Sy*., 325; C.BA., 315; C.1.G., 350; Concrete lnd„ 49; Courtauids, *1; Custom. Credit, 125: Dickson Primer, 50; E.M.1., 2*5; E.Z.1., 315; Elder G.M., 272; Email, 84; Fairfax, 2M; Fairymead, 108; Feltex, 65; Hanimex, 135; Healing, 18; Hooker, 63; Hordern, 79; 1.A.C., 118; Int. Resist., 0; D. Jones, 123; Kolotex, 285; L.N.C., 73; Lend LeaM, I*2; Llferaven, 113; Lyoaght, 345; M.L.C., 1319; Marrlckvine, 71; Mauri, 229; Myer, 4*o: N.Z. Forest, 2*5; Newbold. 136; Now*, 405; Nutt. Mugdle, tt; Ollme, 112; Peko W„ 1090. and opt*.. *99; Penfold. 410: Fotroohom., 51: Pioneer Conor., 147; Pioneer Sugar. IM; Protector, 234; Proylnctal, 98; Publishers, I*2; Old Ins.. BMI Rothman*. 142; Sleigh, M; Taubmano, It; Tooheyi, 133; Tooth, 624; Travelodge, 119; Union Carbide, TOT; Waltons, *8; Wilcox MoHlin, 41; W'wths, 113; Wunderlich, 315.

MELBOURNE The boom in minings dominated the market after th* new Western Mining nickOl strikes in Western Australia and the B. oil plans. Western Mining opened to feverish trading at 1400 and quickly reached i peak of 1420. Later the price eased back as dsmahd subsided and closed 240 up at 1340. Most other minings particularly nickel stock* were tn demand and showed sharp gains. Hampton Areas up 100 at 1180. B.H.P. boomed after announcement that Esso-B.H.P. would drill ill wella in Bass Strait fields. The price touched 2490 then closed 140 up at 2480. Peko gained 40 to 1090. Other Industrials and oils were firm. Magellan UP 40 at 320. Sales.—Ampol, 132; Ansett, SO; A. 76; Aust. Fert., 300; Assoc. Pulp, 160; A.C.1., 302; A.K. Cement, 122; A.P.M., 152; N.S.W., 720; Boral, 160; 8.H.P.. 24N: Carlton, 398 and Z, 3M; Carrier, 60; Coles, 112; C.S.R., 490; C. 320; Drug Houses. 121; Dunion, 217; Email, 84; kz.L, 326; Factors 18; Feltex, tt; Flexldrlve, 210; Gollin, 73; Herald, 624; Hooker, 63; Humes, 605; 1.C.1.A?N.Z.. 218; Jennings, 290; Minster, 103; P. Morris, 516; JfX CT i. 9n : Hy«on*. 128; Nylex, 129; Petersville, 44: Repco, 196: Rocla, 195; Sleigh, 90; H. Smith, 465; Swan, 280: Cons. Gold, *9O; C.R.A., 1490; Gt Boulder, *9O; Hamersley, 1220; Loloma, 360; Magellan, 320; Metgls txp„ 7*o; Mt Isa, 720; Mt Lyill, Joi; New B. 1110; Nth 8.H., 940: Oil tw. r 23*; Weet*M*mn ( *M3o. San ' METALS

LONDON, M*y i. Spot Buyer# * ton I d. Seller) ■ ton Copper . 463 10 6 4M io 0 Tin . 1307 0 6 1308 0 0 Lead . 102 10 0 103 0 0 Zinp . UO 17 • 111 0 0

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19680503.2.182.19

Bibliographic details

Press, Volume CVIII, Issue 31669, 3 May 1968, Page 15

Word Count
589

OVERSEAS TRADING Press, Volume CVIII, Issue 31669, 3 May 1968, Page 15

OVERSEAS TRADING Press, Volume CVIII, Issue 31669, 3 May 1968, Page 15

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