OVERSEAS TRADING

Press, Volume CVIII, Issue 31856, 7 December 1968, Page 20

OVERSEAS TRADING

SYDNEY The Prime Minister's statement last night on overseas buying of shares in Australian companies had little if any effect on the Sydney market. The English Redland group continued to buy Concrete Industries shares at 98c and one sale of 400.000 was reported. ConCrete directors will call a meeting of shareholders early in the New Year to limit the voting power of overseas holders in line with Mr Gorton's proposals. B.H.P. recovered a further 40c to 1920 c. Interest tn mining shares slackened and the trend here was weaker; Ml Isa losing 12c to 078 c, but C.R.A. and King Island were slightly better. Woodside climbed 14c to 243 c on the day's heaviest trading but the rest of the oil post showed little significant change.

B.H. sth, 450; Cleveland Tin. 77: Com. Mln.. 380: Cons. Gold. 760; Cons. Rutile, 145; C.R.A., 1880; Cudgeon, 115; Emperor, 275; G. M. Kalg., 190; Hamersley, 1200; Kathleen Inv.. 460: Mt Isa, 678; New 8.H., 1380; N.A.U.C., 70; Placer, 3330; Qld Mines, 400: Western Mln., 1040; Allo Dev.. 70; Ampol Expl.. 325: A.A.0.. 92; A.0.G.. 142; Beach, 102; Exoil, 55; Longreach, 42; Mid East, 101; Oil Search, 58; Planet', 42; Westralian, 88; Woodside, 243; Amaig. Chem., 63; Ampol, 139; Ansett, 72; A.W.A., 235; Ass. Sec.. 225; A.C.1., 279; A. G. Corp., 220; A.N.1., 56; N.S.W., 794; Blue Metal, 200; Boral. 170; Borg Warner. 210; Bramble. 192; Brit. Tob., 348; B. 1920; Burns Philp. 598; Carpenter, 275; Clyde, 95; Coal Allied, 240; Coles. 134; C.S.R., 590; C.A.G.A., 228; Com. of Syd., 350; C.8.A.. 335; C.1.G., 370; Cone. Ind., 98; Custom Cr„ 147; Dickson. 51; E.Z.1., 400; Elder G.M., 310; Email. 95; Fairymead, 200; F. and T.. 71; Hantanex, 182; Hardie. 530; Hooker, 92; Int. Resist., 61; Kolotex, 505; L. 102; Lend Lease, 212; Lifesavers, 260; Lysaght, 348; M. 770; Marrickville, 99; Mauri, 185; Miller. 193; N.Z. Forest, 350: Newbold, 118; Nutt and M„ 37; Ollms, 104; Peko, 975; Petersville, 52; Petrochem., 55: P. G. H. Inds.. 93; Proetctor. 315; Provincial. 96; Publishers, 215; Repco. 174; Rothmans. 275; Sleigh. 91; W. H. Soul. 1155; Sth Brit., 502; Taubmans. 115; Thiess. 300; Tooheys, 148; Tooth, 620: T.N.T., 164; Travel Lodge. 170; Union Carb.. 592; Waltons. 125; Wilcox Moff.. 55; Wwths, 128; Wunderlich, 215. MELBOURNE Industrials generally were Arm in moderate movement. B.H.P. made 35c at 1915 c. Dunlop was steady at 270 c, after its

announcement to raise s2om by a one for seven par snare issue and debenture issue. Slater Walker dropped 34 at 566. Minings were barely stradv C.R.A. gained 20c at 1880 c. Oils were steady, Woodside up 12c at 240 c.

Sales.—Ampol. 138; Ansett, 72; A.R.C., 92; Assoc. Pulp. 190: A.C.1., 271; A. K. Cement, 89; A. 151; N.S.W., 790: Boral. 169: BH.P., 1915: Carlton. 355 and z, 340: Cast Perk. 766; Coles, 135: C.S.R.. 596. C.8.A., 335: Com. Union, 265: Containers, 245; Cyclone, 152: Drug Houses, 200; Dunlop, 270; Email, 96; E.S.A.. 890; E.Z.1., 405; Factors, 29; Feltex, 70; Gerrard, 325; Collin. 93; Gordon Gotch, 175; Gud Hold., 455; Hardie Trad., 198; Healing, 28; Herald, 440: Hooker, 93; 1.C.1.A.N.Z., 222; Jennings, 180: H. Jones, 390: Kauri, 20; Mayne Nickless, 380; Mcllwrth, 122; McPhersons, 280; Minster, 105; P. Morris, 680; Myer, 460; Nat. Bank, 330; News, 365; Nylex. 145; Olympic, 118: Overseas Corp., 195: Petersville, 51; Repco, 175: Rocla, 236: S. A. Rubber, 155; Sleigh. 90; H. Smith. 396: Swan. 312: T.N.T., 166: WehL, 130: A.A.0., 89: Aberfoyle, 132: Beach, 104; B. H. Sth, 450; C. Norseman, 580: Cons Gold, 760: C.R.A., 1880; Gt Boulder, 910: Hamersley, 1190: Lakeview, 430: Loloma, 490; Magellan. 310: Metals Exp., 600: Mt Isa, 680; Mt Lyell. 165: New B. H., 1380; Nth B. H.. 740; Oil Search, 58; Renison, 510; Santos, 260; West Mining. 1050.