OVERSEAS TRADING

Press, Volume CIX, Issue 32118, 14 October 1969, Page 29

OVERSEAS TRADING

SYDNEY After a very bright start. In which prices rose sharply, sellers began to dominate trading and the market tended to drift downwards throughout the rest of the day. Nevertheless rises still outnumbered falls in all sectors at the close. After its report of further nickel finds. Great Boulder moved ahead rapidly in early trading but came back to 460 for a theoretical 8c rise after its five for two share split. Beach fell 70 to 275 now that responsible authorities have denied the rumour that oil has been found off the coast of New Zealand. Industrials were mixed and the leaders changed little. B.H.P. closed at Friday’s price of 1405 after trading higher for most of the day.

Salas. —Assoc. Min., 780; B.H. Sth. 410; Cleveland Tin, 95; Com. Min., 400; Cons. Gold, 970; Cons. Rutile. 290; C.R.A., 1750; Cudgen, 260; Emperor. 185; G.M. Kalg., 140; Hamersley, 1320; Kathleen Inv., 620; M.K.U., 600: Mt Isa, 960; New 8.H., 1540; Placer. 3900; Planet Min., 50; Qld Mines. 1150; Survey Min., 260; V.A.M., 570; Western Min., 1240; Allo. Dev., 55; Ampol Exp., 250, and rts, 170; A.A.0., 92; A.0.G., 80; Beach, 280; Ex Oil, 51: Bounty Oil. 9; Genoa. 56: Longreach 40: Mideast, 70; Oil Search, 48; Pexa, 76; Planet, 32; Timor, 58; Vamgas, 50; Westralian, 59; Woodside, 125; Amalg. Chem., 38; Ampol, 138; Anse(t. 99; A.W.A., 210; A.C.1., 215; A.G. Corp., 180; A.N.1., 68; Bk N.S.W., 720: Berlei, 375; Blue Metal,, 150; Bor al, 204; Borg Warner, 215; Bramble, 225; Brit. Tob , 310; 8.H.P., 1405; Burns Philp, 445; Carpenter, 244: Chem. Mat., 163; Clyde. 93; Coal Allied. 290; Coles, 117; C.S.R., 704; C.A.G.A., 238: Cone. Ind., 98; Custom Cr.. 156; Dickson, 60: E.M.1., 465: E.Z.1., 425; Elders, 280; Email, 88; Fairfax. 223; Fairymead, 150; F. and T., 96: Fibre Cent.. 187; Hanimex, 145: Hardie. 512; Hooker. 106; Int Resist., 75; D. Jones, 165: Kololex, 570; L.N.C., 110; Lifesavers, 208; Lindeman, 416; Lysaght, 504; M.L.C., 650; MarrickviUe. 115; Mauri. 154; Miller, 190; Myer, 445; Newbold, 112; News. 445; Nutt and Mud., 52; Olims, 100; Paynter, 225; Peko, 1020: Penfold, 345; Petersville, 42; Petrochem., 52: P.G.H. Inds., 115; Pioneer Cone., 151, and rts, 46; Pioneer Sugar, 210; Protector. 280; Provincial, 110; Publishers, 170; Rothmans, 272; Slater. 345: Sleigh, 96; Sth Brit., 543;. Thiess, 348; Tooheys, 142; Tooth. 686; T.N.T. 173, and rts, 50: Travel Lodge. 185; Waltons, 121; W’wths, 118; Wunderlich. 405.

MELBOURNE Oil shares were buoyant in a strong mining and oil market on the Melbourne Stock Exchange yesterday with rises outnumbering falls 120 to 46. Ampol Exploration rose to 320 but settled back to close at 270, up 10 on the day. Among leading stocks. Western Mining stood out with a rise of 30 to 1255. Great Boulder opened at 530 and closed at 460 to show a rise on the adjusted previous price of 16. Poseidon was down 170 to 2650. Among investments B.H.P. and C.S.R. both eased. Sales.—Ampol, 138; Ansett, 100; A.R.C., 125; Assoc. Pulp, 182; A.C.1., 215; A.K. Cement, 94; A.P.M., 178; N.S.W., 730;

Boral. 205: 8.H.P.. 1410; C.U.B. Z.. 430; Cast. Perk., 760; Carrier, 92; Coles, 120; C.S.R., 700; C.8.A., 260; Com. Union, 235: Containers. 204; Cyclone 140; Dunlop, 208; Email. 88; E.Z.1.. 420; Feltex. 97; Gollin, 90: G.U.D. Hold., 410; Hardie Trad.. 225: Healing, 9; Herald, 365: Hooker. 109: Humes, 220: 1.C.1.A.N.Z.. 223: Jennings, 132: M. B. John, 215; H. Jones, 280; Kelvinator, 135; Mayne Ntckless, 335; McPhersons, 62; Minster, 90: Myers, 443; Nat. Consol.. ISO: News, 450: Nylex, 150: Olympic, 98; Overseas Corp.. 210: Petersville, 43; Repco, 180; Rocla, 215; Sleigh. 95; Swan. 300: T.N.T., 173; A.A.0.. 90; Aberfoyle. 170; Aust. Dev., 150: Basin Oil, 16; Beach. 290, and 10c pd, 250; Bounty Oil. 9; B.H. Sth. 405; C. Norseman, 400; Cons. Gold, 950; C.R.A., 1760; Gt Boulder (now 10c shares), 460; Hamersley, 1300; Interstate, 55; Lakeview, 225; Loloma, 295; Magellan. 250; Metals Exp., 900: Mt Isa, 950; Mt Lyell, 240: New 8.H.. 1550; Nth 8.H., 840; Oil Search, 44; Renison, 740; Santos, 265; Southland, 295; West Mining, 1255; West Titan, 650,