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OVERSEAS TRADING

SYDNEY The news that Great Boulder and Its partner North Kalgurli will begin production at Scotia had a bullish effect on nickel stocks yesterday. Great Boulder jumped from a last sale on Friday of 1780 c to a peak of 2004 c before closing at 1960 c. North Kalgurli is not quoted on the Sydney Exchange but recorded a sale of 1650 c in Melbourne at 3.34 p.m. Some Investors preferred to go for Loloma. a substantial shareholder in Great Boulder. Loloma put on 144 c to 750 c.

Ravensthorpe was also In demand with the shares gaining 55c to 400 c.

Norseman Gold was also eagerly sought wtth the shares reaching a peak of 1400 c before easing back to 1320 c which was a gain of 170 c on Friday’s closing price.

Sales.—B.H. Sth, 6M; Cleveland Tin, 97; Com. Mln., 520: Cone. Gold. 945; Cons. Rutile, 140; C.R.A., 3340; Cudgeon. 147: Emperor, 225; G.M, Kalg., 235;

Hamersley, 1480; Kathleen Inv., 670: M.K.U., 1100; Mt Isa, 794; New 8.H., 1920: N-A.U.C. 79; Placer 2600: Qld Mines, 460; Western Min.. 1300; Allo Dev., 76; Ampol Expl.. 430; A.A.0., 120; A.0.G., ISO; British Tobacco. 348; 8.H.P., 2310; B. Philp, 520; Carpenter, 342; Chem. Mat., 125; Clyde, 94; Coal Allied. 303; Coles, 134; C.S.R., 608: C.A.G.A., 240; Com. of Syd., 355; Cone. Ind., 53; Custom Cr. 160; Dickson, 63; E.Z. Inds, 400; Elder G. 305; Email, 99; Fairfax, 288; Fairymead, 135; Feltex. 73; Fibre Cont., 190; Hanimex, 165; J. Hardie, 470; Hooker, 94; 1.A.C., 140; Int. Resist. 62: D. Jones, 168; Kolotex, 429: L.N.C., 100; Lend Lease 200; Lysaght, 385; Marrickville, 79; Mauri. 244; R. w. Miller, N.Z. Forest, 350: Newbold. 135: Nutt and M.. 39; 011 ms, 108; Peko W„ 1350; Penfold. 485; Petersville, 53; p.G.H, Inds. 88: Pioneer Conor., 182; Pioneer Sugar, 225; Provincial, 95; Publishers, 215; Pye. 112; Repco, 186; Rothmans 277: Sleigh, 99; W. H. Soul, 1190; Sth Brit, ins., 440; Taubmans, 105; Thiess, 455; Tooheys. 169: tooth. 660: Travel Lodge. 148; Union Carb., 800; Waltons, 125; Woolworths 138. MELBOURNE The mihing market was firm with rises outnumbering falls, after the Great Boulder and North Kalgurli announcement to start a new nickel mine at Scotia. Great Boulder closed at 1980 c, up 210 c, North Kalgurli up 120 c to close at 1580 c. and Ldloma up 140 c to close at 750 c. C.R.A. hit a peak of 2360 c before closing at 2350 c. up 20c. Sales. —Ampol. 160; Ansett. 66; A.R.C., 84; Assoc. Pulp, 180; A. 350; A.P.M., 165; Bank N.S.W.. 704; Bora!, 160: 8.H.P., 2300; Brolite, 120: C.U.B. Z, 450; Cast. Perk,, 240; Carrier, 73; Col4S, 134; C.S.R., 610; C.8.A.. 322; Com. Union, 240; Containers, 260; Cyclone, 145; Drug Houses, 147; Dunlop, 280; Email, 98; K.Z. Inds., <00; Factbrs, 23; Felt ox, 73; FlexidrivC, 317; Gerrard, 360; GolMn, 105; Gordon Gotch, 178; G.U.D. Hold., 576; Hardie Trad., 200; Healing, 44; Herald, 680: Hooker, 92; Humes, 343; 1.C.J.A.N.2., 227; Jenninge, 232; Kauri. 25; Kelyinator, 170; Mayne Nickles?, 325; Mcllwrth, J„ 135: McPhen sons, 317; Minster, 115; Myer, 504; Nat. Bank, 315: Nat. Consol., 227; News, 392; Nylex. 142: Olympic, 120: Overseas Corp., 202; Petersville, 53; Repco, 185; Rocla, 235: S.A. Rubber, 126; Sleigh, 98: Smith. H. 458; Swan Brew., 340; Wehl, 140: Aberfoyle, 178; B.H. South, 646: C Norseman. 550: Cons. Gold. 930: C.R.A., 2350; Gt Boulder, 1980: Hamersley, 1470; Lake view, 520; Loloma, 750; Magellan, 420; Metals Exp., 900; Mt Isa, 794; Mt Lyell, 229: New B. 1900; North 8.H., 796; 011 Search, 138: Benladn. 560; Sinton. 270; weet Mining. 1330: Wert Titanium. 540

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19680820.2.180

Bibliographic details

Press, Volume CVIII, Issue 31762, 20 August 1968, Page 16

Word Count
602

OVERSEAS TRADING Press, Volume CVIII, Issue 31762, 20 August 1968, Page 16

OVERSEAS TRADING Press, Volume CVIII, Issue 31762, 20 August 1968, Page 16