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OVERSEAS TRADING

SYDNEY The announcement of increasing hostilities in Czechoslovakia had a bearish effect on the market in the afternoon session of trading. Metals Exploration, which was one of the few nickels to gain ground in the morning session, was cut back 60c to record a last sale of 950 c. Great Boulder, Norseman, Loloma and Ravensthorpe continued to ease.

Uranium stocks were also hit with M.K.U., Kathleen Investments and Queensland Mines finishing below Tuesday’s closing prices.

One of the few mining stocks to go against the trend was Silver Valley, which put on 15c to 155 c.

On the oil boards Kamilaroi stood out with the shares registering a 25c gain to 130 c. Oil Search recorded the biggest fall in the oil section with the shares selling 13c lower at 115 c.

B.H.P. continued to ease, with the shares taking off 50c to 2210 c.

Slater Walker, after selling up to as high as 980 c in the morning session of trading, sold unchanged at 900 c.

Sales.— B.H. South, 650: Cleveland Tin. 95; Cons. Gold, 950; Cons. Rutile. 136: C.R.A., 2250: Cudgeon, 143: Emperor. 220: G.M. Kalg.. 230: Hamersley, 1400: Kathleen lnv„ 595; M.K.U., 1050; Mt Isa. 780: Now 8.H.. -1850; N.A.U.C., 79; Qld Mines. 430: Western Min., 1230; Allo. Dev.. 68: Ampol Expl., 440; A.A.0.. 120; A.0.G.. 173: Beach. 145: Exoil, RS; Longreach, 99: Mid East . 93; Oil Search, 115: Planet. 58: Westralian. 100: Woodside. 195; Amalg. Chem.. 72; Ampol Pet., 162: Anselt, 67; AW.A.. 235: A N.Z.. 930; AC. Ind., 335: A.G. Corp., 234; A N 1., 58; Bank N.S.W., 725; Berlei, 252: Blue Metal. 200: Boral. 157: Borg WarneT. 247; Bramble. 184: British Tobacco. 345: 8.H.P., 2210; Burns Philp, 552: Carpenter, 233: Cmaine. 770: Clyde, 94: Coal Allied. 302: Coles. 133; C.S.R., 600: C.A.G.A., 342: Com of Syd.. 340: C.8.A.. 322; C.1.G., 385: Cone. Ind., 55: Courtaulds, 74: Custom Cr.. 160: D.F.C., 490: Dickson. 60: E.M.1.. 382: E.Z Inds. 395: Elder G.M., 305: Email. 96: Fairfax, 290: Fairymead. 140; Hooker. 90: 1.A.C., 138; Int. Resist, 62; Jones. D.. 167: Kolotex, 430; L. 103: Lend Lease, 203: Lifesavers. 220: Lindeman, 550: M. 950; Marrickvillc, 82: Mauri, 244; Miller. R. W.. 165; Myer. 506: Newbold. 130: Olirns. 109: Paynter. D., 230: Peko W., 1280: Penfold. 485; Petersville. 54; Petrochem. 61; P.G.H. Inds. 88: Pioneer Concr., 182: Pioneer Sugar. 224: Publishers. 209: Q'ld Ins.. 760: Repco, 184; Rothmans. 265: Sleigh. 97: Taubmans, 105: Thiess. 440: Tooheys, 166; Tooth, 650: Travel Lodge. 147; Waltons, 120; Woolworths, 139.

stock closed at 950 c. Great Boulder eased 70c to 1820 c and North Kalgurli closed 100 c lower at 1430 c.

B.H.P. sold to 2270 c in early trading but closed at 2220 c.

Industrials were fairly steady. Sales.— Ampol, 163; Ansett, 65; A.R.C., 83: Aust. Fert., 343; Assoc. Pulp, 180: A.C.1., 330; A. 165: Bank N.S.W., 720; Boral. 157: 8.H.P., 2220: Carlton, 480; C.U.B. Z, 450; Cast. Perk.. 235: Carrier, 72: Coles, 134; C.S.R., 606; C.8.A., 315; Com. Union, 238; Containers. 260; Cyclone, 140; Drug Houses, 150; Dunlop. 250; E.Z. Inds.. 395; Factors. 23; Feltex, 23; Flexidrive. 215; Gerrard. 362; Gollin, 103; Hardie Trad., 202; Herald, 676; Hooker, 91; Humes. 360; 1.C.1. A.N.Z., 223; Jones, H., 305; Kauri, 26; Kelvinator. 170: Mayne Nickless, 350; Mcllwraith, J., 138; McPhersons. 318; Minster, 116; Myer. 504; Nat. Bank. 312; Nat. Consol.. 229; News. 390; Nylex, 144; Olympic, 116; Overseas Corp.. 202; Petersville. 55: Repco, 184; Rod a. 235: Sleigh. 96: Smith, H., 455; Swan Brew.. 328; Wehl, 137: AAO 118; Aberfoyle, 170; B.H. South’ 648; C. Norseman, 550; Cons. Gold, 930: C.R.A.. 2220: Great Boulder, 1820; Hamersley, 1430Loloma, 650. Magellan. 420: Metals Exp . 950: Mt Isa, 786; Mt Lyell, 227; New 8.H.. 1880North B.H. 790; Oil Search, llo: Santos. 250; West .Mining, 1240; West Titanium. 540. LONDON Tuesday's Sales Included.— B. sth. 58s lid; 8.H.P.. 2135; R.T.Z. ord.. 153 s 9d, and regd 153 s fid; Mt Lyell, 21s; Nth Kalg.. 141 s; Lake View. 47s Ampol. 15s 3d; W.M C., 1275 : Hampton. 170 s: C.R.A. 210 s: Elder Smith. 28s fid: Dalvetv' 54s 3d: A.N.Z.. 87s fid: E.S.A.i 82s fid; Nat. Bank. 30s 3dLloyds Bank. 67s 7)d; NSW' 78s 9d; P. and 0.. 42s 4d ; Transp. Dev.. 14s 3d

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19680822.2.161

Bibliographic details

Press, Volume CVIII, Issue 31764, 22 August 1968, Page 19

Word Count
708

OVERSEAS TRADING Press, Volume CVIII, Issue 31764, 22 August 1968, Page 19

OVERSEAS TRADING Press, Volume CVIII, Issue 31764, 22 August 1968, Page 19

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