OVERSEAS TRADING
SYDNEY The Sydney stock market was! generally firm in a day of lively trading. Rises outnumbered falls in all sectors although many of the market leaders lost ground. The biggest gain of the day was recorded by Norseman Gold. The heavy-weights turned easier, with Mount Isa falling 20c to 970 c, and Western Mining 15c down to 1260 c. Poseidon was again only quietly traded, slipping 100 c to 2650 c. Oils were very firm. B.H.P. went against the generally firm trend in industrials by falling .10c to 1505 c. The closing tone was unsettled.
Sales.— Assoc. Min.. 770: B.H Sth, 420: Cleveland Tin, 98: Com. Min., 390: Cons. Gold, 930; Cons. Rutile. 280; C.Ii.A.. 1780; Cudgen, 235; G.M. Kalg., 115; Hamersley, 1300; Kath. Inv., 570; Mt Isa. 970: New 8.H., 1720; iN.A.U.C., 58; Planet Met., 46; Qld Mines. 1150; Survey Min., 265; VAM, 530 and rts, 225; West. Min., 1260; Allo Dev., 51; Ampoi Exp., 260 and rts, 155; A.A.0., 108; A.0.G.. 73; Beach. 310; Exoil, 49; Bounty Oil, 6; Genoa, 36; Longreach, 32; Mid. East., 78; Oil Search, 40: Pexa. 12; Planet, SO; Timor, 67; VAM Gas, 50; Westralian, 55; Woodside, 130; Amal. Chem., 39; Ampoi, 131; Ansett, 98; A.W.A., 200; Ass, Sec., 207; A.C.1., 216; A.G. Corp., 197: A.N.1., 70: Bk N.S.W., 730; Berlei, 375; Blue Metal, 161; Boral, 210; Bramble. 215; Brit. Tob„ 292: 8.H.P.. 1505: B. Philp, 438; Carpenter, 260; Chem. Mat., 1152; Clyde, 100; Coal All.. 275; Coles, 118: C.S.R.. 702: C.A.G.A.. ;243; Coin, of Svd., 275: C.1.G., ,415; Cone. Ind.. 101; Cust. Cre., 158; Dickson 56; E.Z.f., 410; Eld(ers G.M., 270: Email. 86: Fairfax, 215; Fairymead, 160; F. and T. Ind., 97; Fibre cont., 192; (Hardie. 508: Hooker, 107; 1.A.C., 130; Int. Resist., 78: D. Jones, 166: L.N.C., 112; L. Lease, 270: Lindeman. 418: Lysaght, 546; McPhersons, 64: M.L.C., 640: Marrickville, 111: Mauri, 135; Miller, 185; Myer. 445: N.Z. Forest. 380 and rts, 110: Newbold. 117; News, 450; Olims. 102; Peko. 1010; Petersville. 43; P.G.H. Inds, 111; Pioneer Cone., 157 and rts. 43: Pioneer Sugar. 210: Protector. 290: Repco, IST; Rothmans. 255: Slater, 355; Sleigh. 96: Soul. 770; Thiess.
335; Tooheys. 134: Tooth. 678; T.N.T., 172 and rts, 59: Travel [Lodge. 192; Waltons. 118; Wilcox, i 62; W’wths. UR. MELBOURNE
There was evidence of profit taking in the mining and oil section on the Melbourne Stock Exchange yesterday, with prices for some issues easing towards the close. On the whole however, prices held up with 85 rises, against 54 falls. Norseman Gold and its nickel venture partner.. Ravensthorpe, both made big gains with no obvious explanation for the increases. Norseman rose over the day by 430 c to close at 1550 c. Ravensthorpe reached 570 c and closed at sooc. ,up 110 c on the day. Other good rises were shown by Metals Exploration, Queensland Mines and Consolidated Goldfields. B.H.P. came back 50c to 1400 c.
Sales.— Ampoi, 131; Ansett, 99: A.R.C.,. 133: Aust. Fert,, HO; Assoc. Pulp, 180; A.C.E., 215A.K. Cement, 93; A.P.M.. 182: N.S.W., 730: Boral, 209; 8.H.P., 1500; Carlton. 485, and Z 440: Cast Perk., 776; Carrier, 97) Coles. 118; C.S.R., 704; C.B Z . 260; Com. Union. 245; Containers, 185; Cyclone, 140; Dunlop, 208; Electronic Ind., 135: E.Z I 412; Feltex, 96; Gollin, 93. Gordon Gotch, 180: G.U.D. Hold. 410; Healing, 9i; Herald, 345; Hooker, 105; Humes. 216: 1.C.1.A. 223; Jenning, 130: M. B. John, 212; H. Jones. 278: Kauri 25; Kelvinator. 132: Mayne, Nickless, 170; Mcllwraitll. 100; , McPhersons. 65: Minster, 86Myer. 445: Nat. Bank. 308: Nat. Consol., 168: News, 450: Nylex, 150; Olympic. 86: Petersville, 43: Repco, 181; Rocla, 218; Sleigh, 97; H. Smith. 320; Swan. 297: T.N.T., 171; A.A.0., 110; Aberfoyle. 175; Aust. Dev., 150: Basin Oil, 13: Beach, 315. and 10 C.P.D.. 285: Bounty Oil, 6; B. Sth. 425: C. Norseman. 600: Cons. Gold. 930: C.R.A.. 1770: Gt Boulder, 345; Hamcrsley, 1300; Lakeview, 320; Loloma, 280; Magellan. 285; Metals Exp.. 960; Mt Isa. 970; Mt Lyell, 245; New 8.H.. 1720: Nth 8.H., 876; Oil Search. 40; Renison. 740; Santos, 265; Silver Valiev. 120; Southland, 350: West Mining, 1260: West Titan. 670.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19691024.2.161.7
Bibliographic details
Press, Volume CIX, Issue 32127, 24 October 1969, Page 14
Word Count
686OVERSEAS TRADING Press, Volume CIX, Issue 32127, 24 October 1969, Page 14
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.