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OVERSEAS TRADING

SYDNEY Yesterday’s trading was characterised by widespread profit taking among the speculative mining and oil stocks, which tended to ease gradually downwards throughout the day. In anticipation of good news from the next assay result there was another rush for Poseidon which once agadn touched 3000 before closing at 2850, The heavy-weights were steady, with Mount Isa rising 16 to 976. The oils were easier with Genoa falling to 46. Industrials were firm. B.H.P. gaining 15 to 1420. Other leaders to improve were 1.C.1., C.S.R, and Bank of New South Wales. The closing tone was unsettled.

Sales.—Assoc. Min., 770; B.H. Sth, 416, ex div.; Cleveland Tin. 97; Cons. Gold, 960; Cons. Rutile, 270; C.R.A., 1750; Cudgen. 240: Emperor, 185; G.M. Kalg., 145; Hamersley, 1300; Kathleen lnv„ 600; M.K.U., 600; Mt Isa, 976; New 8.H., 1350; N.A.U.C., 52: Planet Min., 48; Qld Mines, 1110; Survey Min., 280: V.A.M.. 580. and rts, 250; Western Min.. 1220; Allo. Dev.,; 55: Ampol Exp.. 260, arid rts, 163; A.A.0., 95: A.0.G., 80; Beach, 260; Ex Oil, 54; Bounty Oil, 7L Genoa, 47: Longreach, 32: Mideast. 88; Oil Search, 45; Pexa, 65: Timor, 60; Vamgas, 47: Westralian. 57; Woodside, 120: Ampol. 139: Ansett, 100: A.W.A., 200; Ass. Sec., 197; A.C.1., 215; A.G. Corp., 180; A.N.1.. 69; Bk N.S.W., 730; Blue Metal, 155; Boral, 205; Borg Warner, 215; Bramble, 224; Brit. Tob., 300; 8.H.P., 1420; Burns Philp, 442; Carpenter, 244: Coal Allied, 280; Coles, 117; C.S.R., 708; C.A.G.A., 238; Com. of Syd., 275; C.8.A., 250, and rts, 70; Cone. Ind., 98; Dickson, 60: E.Z.1.. 418; Elders, 282: Email, 90; Fairfax, 220; F. and T., 95: Fibre Cont., 190; Hanimex, 144; Hardie, 518; Hooker, 105; 1.A.C., 135; Int. Resist., 76: D. Jones, 164: Kolotex. 560: L.N.C., 110: Lend Lease, 275: Lifesavers, 206: Lindeman, 415: Lysaght, 510; Marrickvilie, 115; Mauri, 150; Miller, 185; Myer, 442; N.Z. Forest, 360: Newbold, 112; News, 450; Oliims, 101; Paynter, 220: Peko, 1010; Petersville, 43; Petr.ochem., 50; P.G.H. Inds., 112; Pioneer Cone., 152, and rts,

44: Pioneer Sugar. 214: Protector. 282; Publisher®. 174; Pye, 93; Qld Ins., 560; Repco, 180; Rothmans, 270: Slater. 365; Sleigh, 96; Sth Brit., 544; Taubmans. 101: Thiess, 335; Tooheys, 140; Tooth, 60S: T.N.T., 174. and rts, 49: Travel Lodge, 180 (ex div.); Waltons, 119: Wilcox, 64; W’wths. 119; Wunderlich. 410. MELBOURNE Losses were more general In the mining and oil section on the Melbourne Stock Exchange yesterday as trading became ir regular. Falls outnumbered rises 103 to 48. Stocks (o register falls included Metals Exploration down 60c to 840 e, .Queensland Mines down 100 c to 1100 c, and North Kalgurlie down 30c to 840 c. Poseidon pulled up 100 c to 2750 c, after touching 2900 c during the day. 8.H.P., C.S.R. and Dunlop firmed.

Sales.—Ampol, 139; Ansett. 99; A.R.C.. 128; Assoc. Pulp, 180; a;C.I„ 220; A.K. Cement, 93; A.P.M., 180; N.S.W. 730: Boral, 203; 8.H.P., 1420; Carlton. 470, and Z, 430; Carrier. 98; Coles, 117; C.S.R., 704; C.8.A., 260; Containers. 205; Cyclone. 142; Dunlop; 209: Email, 90; E.Z.I. 415; Feltex, 95; Gordon Gotch,’ 175; Hardie Trad., 225; Herald. 363; Hooker, 109; Humes. 218; 1.C.1.A.N.Z., 220; Jennings. 130; H. Jones, 280: Kelvinator, 135; Mayne Nickless. 335; Mcllwrth, 101; McPhersons, 62; Minster, 85; Myers, 435; Nat. Bank, 315; Nat. Consol., 175; News, 450; Nylex, 152; Olympic, 96; Overseas Corp., 210; Petersville; 43; Repco 182: Rocla, 215: S.A. Rubber. 105; Sleigh, 96; H. Smith, 320; Swan, 204: T.N.T., 174; A.A.0., 05; Aberfoyle. 170; Aust. Dev., 150: Basin Oil, 18; Beach, 255, and 10c pd, 205; Bounty Oil, 8; B.H. Sth, 410, ex div.: C. Norseman. 420; Cons. Gold, 950; C.R.A., 1750: Gt Boulder, 440; Hamersley, 1300: Interstate, 56: Lakeview, 220; Lemma. 270: Magellan. 260; Metals Exp.. 840: Mt Isa, 960: Mt Lyell, 230; New 8.H., 1550: Nth 8.H., 820: OH Search, 46: Rentson, 740; Santos, 265; Stiver Valley. 130: Southland, 295: West Mining, 1255; West Titan. 660.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19691015.2.180.8

Bibliographic details

Press, Volume CIX, Issue 32119, 15 October 1969, Page 20

Word Count
649

OVERSEAS TRADING Press, Volume CIX, Issue 32119, 15 October 1969, Page 20

OVERSEAS TRADING Press, Volume CIX, Issue 32119, 15 October 1969, Page 20