FALLS HEAD RISES IN N.Z. Mining And Oil Shares Cheaper

Press, Volume CX, Issue 32213, 4 February 1970, Page 23

FALLS HEAD RISES IN N.Z. Mining And Oil Shares Cheaper

Speculative issues remained the focus of attention on New Zealand stock exchanges yesterday, but most prices were down at the close, after lighter but active trading.

Industrials, including the leaders, were even, and movements were generally small. Trading was active again, however, and a wide range of issues changed hands at steady prices. All three New Zealand miners were easy at the close. The new Consolidated Silver rights lost 2c to 63c, while Southern Cross Min, erals fell 2c and Waihi 1c Overseas miners were mixed L and M Oil (New Zealand) closed 5c down at 245 c after unsteady trading, and Offshore fell a cent but Bounty ended the day a cent up at 22c and Beach put on 5c to close at 480 c. Few movements stood out among the industrials. South British took a further 7c loss, however, and N.Z. Forest fell 8c to 432 c. Coulls shares and Wallace notes weakened, and Crothall suffered a sharp 40c loss to 350 c. Overseas industrials were easy. Sales yesterday were: CHRISTCHURCH 900 Alliance, 95; 100 Ampol, 130, 171 A. G. Soc. rts, 14: 971 A.N.Z. Bk. 730; 1000 Ballins, 128, 127: 200 Beaths, 59; 80 1850 ; 300 Burnett, 62: 100 C.F.M., 168; 100 Crothall, 350: 400 Dalgety, 648; 400 Dom. Brew., 166; 100 Dom. Fert., 140f.900 D’ghys, 275, 271; 200 D.R.G., 132; 500 Early, 190; 100 F.T.C., 119; 1200 Fletcher, 212: 1200 Hays, 127; 500 Burns, 130: 350 Rattray, 168; 400 Wattle. 175; 600 Kaiapoi, 53; 1200 K. Prosser, 160; 100 L.W.R., j 168: 500 Magnus, 135: 100 McKenzies, 82; 200 O’Brien, 40: 1000 N.M.A., 110: 2300 N.Z. Brew., '145, 144; 1100 Forests, 432. 435, 1436 and 200 pref., 88; 650 N.Z.1., (430: 600 Refrig., 128: 900 N.Z. I Steel, 190, 188; 500 N.Z.T.S., 178; ,100 Pye, 65: S6OO Pyne “A” deb.. iSO; 1300 Tingey, 56 : 600 Skellerup, 945; 100 S. Cross Hotel, 72: 100 Trans Hold., 360; 1600 U.E.8., 162; 600 Waitaki, 203; 200 Wwths N.Z., 102; 200 W. Steph.. 135: 4200 5i per cent Ch. D. 8., 1/6/75, $97.

Mining, Oil.— 6300 Bounty, 21, 22; 6000 Con. Silv., 87, 85, 86, 84. S 3 and 1600 rts. 63, 66, 62; 100 L M Oil. 245; 500 Offshore, 17: 2100 S. Cross Min., 205; 1700 Waihi, 83, 84, 85. AUCKLAND 1100 A.B. Con.. 55, 53; 1300 A. G. Sec. rts, 13; 200 Harvey. 485; 400 Ampol, 130: 100 Ak Gas, 100; 100 Autocrat, 144; 100 A.C.1., 240; 100 Bisley, 100; 100 8.E., 205: 200 Harris, 64: 100 Broadlds, 96 50 8.H.P.. 1870; 600 C.P.D.. 139; 400 C.F.M., 170; 200 Carter, 135, 134; 100 Begg, 62; 300 C.S.R. N.Z.. 800; 100 C.S.R. Aust., 805; 800 C»oper (uni.). 90; 100 Con. Brick nts, 262; 100 C.M.1.. 138; 400 Con. Blast., 256; 100 Wallace nts, 60: 200 Dom. Brew,, 166; 1400 D.R.G.. 133; 500 E. Lichtistn, 140; 1300 F.T.C. (119), 120: 2000 F. and T. Aust., 126; 350 F. and T. N.Z. (470), 468; 1000 Fletcher, 212; 100 Gen Fds nts, 104; 400 Grace, 50; 300 Berry, 180; 300 1.C.1.N.Z. (230), 230; 500 1.W.D., 170: 2400 Wattle, 176; 1200 Kaiapoi, 52, S 3; 300 K. Prosser nts. 134; 300 Lusteroid, 235; 200 Maple, 122; 200 Marac, 200; 200 Mason, 101, 100: 300 Matakana, 290; 300 McKenzies, 82; 1300 Choyce, 59, 60; 1400 Mot. Holds, 99; 100 Mot. Specs, 170; 1200 Motor Traders, 172; 100 Nat. Ins., 475; 500 N.M.A., 110: 900 N. King, 108; 1700 N.Z. Brew.,

143: 850 Forest, 433. 432 and 500 contr., 296, 295 and 2200 pref., 88: 750 N.Z.1., 430 ; 50 N.Z. News, 475; 600 Paper, 170; 100 Pastoral, 85; 300 Refin., 490; 9300 N.Z. Steel (190, 186), 189, 190. 189. 188: 700 N.Z.T.S., 178; 200 O.D.T. (180); 1000 Pty, 222; 500 Pye, 64, 65; 400 Rickstan, 38; 200 Rothmans, 215; 300 Brierley (unL), 385; 600 Hauraki (uni.), 56, 55; 300 Sanford, 140; 100 S’brook, 180; 1150 S. Brit., 580, 576, 575; 400 S. Tube <224), 225; 100 Tasman, 340; 300 Taupo, 182; 142 Edmonds rts (uni.),. 105; 200 Tonka, 177: 1400 U.E.B. (162), 162 and 1700 nts, 150, 152; 500 W. Hort.. 305; 100 Winstone, 143; 800 W. Steph., 135; 700 W. Suth., 200. Mining, 0H.— 11,000 Bounty 22, 21; 3100 Con. Silver (85), 84. 85 and 6800 rts, 63. 64, 65. 64. 63; 8900 LM. Oil (251, 248), 248. 249, 247, 246, 245: 7000 Offshore, 17; 3600 S. Cross Min., (203), 205, 202; 1900 Waihi, 85, 88, 83, 84, 85, 83; 80 W. Mln., 1740. WELLINGTON 1270 4f p.c. Govt 15/11/70-72. $100.30; S4OO 4i p.c. 15/6/73, $99.65, and $2960 5 p.c. 15/7/84, $94.30; 800 Burt. 122; 600 A.B. Con., 53; 750 Harvey, 485; 2100 Alliance, 95; 500 A. Batt.. (160), 300 Bisley, (100); 1000 A G. Sec rts, 13; 100 Paterson, 142; 100 A.C.1., 240; 100 Autocrat. 144; 400 Ballins, 127, 128; 360 Bk N.S.W., 780; 100 Bell. 205: 200 Harris, 64; 500 8.H.P., 1870: 100 C.P.D., 138: 2100 Ch Press (uni.), 280; 500 Con. Brick, 267; 400 Cyclone, 58. and 200 nts, 48; 1100 Dom. Brew., 166. 167; 300 D’ghys. 271: 2000 D.R.G., 133; 100 Dunlop N.Z., 375: 500 F.T.C., 120; 550 F and T N.Z.. 470; 200 Firth. 168: 600 Fletcher, 208. 210, 212: 1000 Gen. Fin., 195; 700 Coles, 122: 1300 1.C.1.N.Z., 235, 231: 800 1.W.D., 170, 166. 168; 1700 Burns. 130: 1700 Wattle, 176, 175, 176; 3100 Kaiapoi, 53; 100 Lusteroid, 235: 300 Magnus, 135; 200 Marac, 200: 500 Mason, 102; 900 Chovce, 59, 60; 1200 Mot. Hold.. 99; 900 NMA, 110; 900 N. King. 108; 6400 N.Z, Brew.. 145, 144, 145; 800 Forest, 435, 433, 432, and 300 cont., 295, and 200 pref., 88: 800 N.Z.1., 430; 300 Paper. 170; 300 Refining, 490; 300 Refrig., 128; 200 N.Z.T.S., 178; 10,600 N.Z. Steel. (190), 190, 188, 190, 189, 188; 100 Porter. 210: 400 Prop. Sec., 135; 1400 Pye, 65; 1000 P.T.Y., 222: 1000 Hauraki (uni.), 53, 56: 300 Tingey, 56: 300 Brierley (uni.), 385, and 300 cont. (unl.) t 355; 400 Rickstan, 38: 300 Holt. 103; 300 Sth Brit., 580; 100 Spedding, 200; 200 S. Tube, 225; 100 Tapp., 220; 100 Tasman, 340; 1000 Taupo, 182. and 100 nts, 112; 100 Trans. Hold., 360: 1100 U.S.S. pref., (144); 1400 U.E.8.. 162; 900 Waitaki, 203; 500 W. Horton, 305; 200 W. Cement, 288; 2900 Winstone, 143; 400 W’wths N.Z., 102; 1200 Zip, 47; S3OOO Lytt. Harb. 5i p.c. 1/12/73 (5.85 p.c. yld), ($98.36): $2200 Tim. Harb. 5 p.c. 1/10/71 (5.5 p.c. yld). ($100.40), and S3BOO 1/10/72 (5.75 p.c. yld), ($99.35); S4OO Wn C.C. 5| p.c. 1/8/72 (5.75 p.c. yld), ($98.07).

Mining, Oil.— loo Beach, 480; 9200 Bounty, 21, 22, 21; 4300 Con. Silv., 88, 87, 85, 82, 88, and 2500 rts, 66, 65, 62: 9200 L and M Oil, 247, 246, 248, 249, 244, 245, 246, 248, 244; 100 Isa, 1650; 500 Offshore, 17; 700 S. Cross Min., 205, 203, 200, 205; 3200 Waihl, 83, 81, 82, 83; 100 W. Min., 1740. DUNEDIN 100 Ampol, 130; 100 Burt, 122: 200 A.C.1., 240; 100 Ballins, 128; 320 1870, 52 (special), 1865. 1860; 100 Begg, 61; 100 Coulls. 275; 200 Neon, 110; 200 D.1.C., 225, and 600 pref., 172; 200 D.R.G., 132; 600 Early, 195: 190; 1700 E. Star, 171: 500 Fletcher, 212; , 950 F and T (N.Z.), (470), 470; 200 Rattray, 168; 600 Wattle, 176; 300 Kalapoi, 51; 1200 K. Prosser, 160, 161;

135; 1100 Mosgiel, (104). 163; 1650 Forest, 433, 435. 430: 2000 N.Z. Brew.. (145>, 145; 450 N.Z. Ins., 430; 400 N.Z. News, 475; 300 Paper, 170: 100 ReUnlng, 490: 300 Refrig.. 128: 5500 N.Z. Steel, (190. 188), 189, 190; 500 Pye, 65; 100 S. Tube, 225: 1300 Taupo nts, (115); 300 W. Tombs,

210; 300 Waitaki, 205, 204: 2400 Winstone, (143), 143; 700 W. Steph., 135, 134. Mining, 0i1.—400 Bounty, 21, 22. and 200 (Aust, eurr.), 17; 1400 Con. Silv., 85. and 2000 rts. 65; 300 LM Oil. 17.