AUSTRALIAN MARKETS EASIER BUT STEADIER AT CLOSE

Press, Volume CIX, Issue 32221, 13 February 1970, Page 16

AUSTRALIAN MARKETS EASIER BUT STEADIER AT CLOSE

Mining stocks continued to ease on the Australian stock exchanges yesterday. A wide range of issues finished the day well below the high levels of earlier in the week.

However the market appeared to steady towards the close, and a few stocks made handy gains. Nickel leaders Poseidon. Tasminex. Carr Boyd, East Met, Mining Finance, Pine Vale, Murchison. North Deborah, Gippsland. G.M.E., Laverton, and Ravensthorpe all lost ground. Samin improved again.

There was little movement among the mining heavyweights. North 8.H.. and Great Boulder did best, but Mount Isa and North Kalgurli eased. Oil stocks were a little weaker: Magellan, Beach, and Exoil improved. Among industries. C.S.R. rose 4c to 730 c. and B.H.P was steady. Later, Walker attracted support at 500 c.

SYDNEY Sales. — Amal. Chem., 30: Ampoi, 106: Ansett, 90: A.W.A. 170: Ass. Sec.. 200: N.S.W., 678Blue Metal. 160: Bramble 250: Brit. Tob.. 315: 8.H.P.. 1605. Burns Philp. 425: Carpenter 240: Clvde. 100: C.S.R.. 730. and rts. 516: C.A.G.A., 255: Com. ol Svd., 240: C.1.G.. 405: Cone. Ind.. 92: Custom Cr.. 170: Dickson 55: E.M.1.. 455: E.Z.1.. 450: Elders. 220; Fairfax. 202: Fairymead. 185: F. and T.. 125: Fibre Cont.. 200: Uardie, 450: Hooker. 93. and rts 41: 1.A.C., 140: Int Resist.. 75: D. Jones, 142: Kolotex. 520; L.N.C.. 119: Lend Lease. 340: Marrackville, 110: Mauri, 136: Miller. ISO: N.Z Forest. 425: Newbold. 135: News. 280; Peko. 1350: Penfold. 330: P.G.H. Inds, 113, and rts, 30: Pioneer Coni’., 188: Pioneer Sugar. 210: Provincial, 94; Pye 82: Rothmans, 230: Slater. 500; Sleigh. 84; Soul, 804: Taubntans. 00: Thiess. 500: Toohevs, 126: Tooth, 650: T.N.T.,' 220; Travelodge, 220; Union Carb.,

694; Waltons. 116; W wths. 109 Plant Hold., 72.

Mining, Oil.— Allstate. 150; Assoc. Min., 840: 8.H.5., 510: Cons Gold, 1000; Cons Rutile, 380: C.R.A.. 2350: Cudgeon, 325: Eastmet, 370; Emperor, 140: G.M. Kalg., 130: Gt Northern. SO: Hamersley, 1660: Hill 50, 225; Kambalda. 48: Nth Flinders, 790; N.H. Deb., 510; Nthn Mining, 115: Project Min., 25: Poseidon. 26.000; Qld Mines. 990; Samin, 3000; Survey Min., 200; Scamander. 320; Tasminex, 11650; VAM, 470; West. Min.. 1520; Westralian. 68, and rts, 28; lAllodev., 45; Ampoi Ex.. 225: A.A.0.. 150; A.0.G., 125. and rts. 159; Beach, 440: Exoil. 82: Genoa, ■23; Longreach, 41; Mideast. 55; jPexa. 210; Planet, 32: Timor, 89; Vamgas, 37; Westmoreland, 91: Woodside, 95.

MELBOURNE Salos. — Ainpol, 106; Ansett, 88; A.R.C., 133: Assoc. Pulp. 72; A.C.1., 216; A.P.M., 182; Boral, 206; 8.H.P., 1605; C.U.B. Z, 380: Cast. Perk., 830; Carrier 80; Coles, 107; C.S.R., 720; C.8.A., 235: Containers, 175; Cyclone, 130; Dunlop, 186; Email, 93; E.Z.1., 455; Feltex, 126; Flex Drive, 240; Gerrard, 290: Gollin, 89: Gordon Gatch, 165; G.U.D. Hold., 380; Healing. 10; Herald. 312; Hooker, 95; Humes, 232; 1.C.1.A.N.Z., 223: Jennings, 172; M. B. John. 162: H. Jones, 235; Mcllwraith 98; McPhersons. 61; Minster. 85; P. Morris, 800; Myers, 376; Nat. Bank. 255: Nat. Consol., 160: News. 280: Nylex, 148; Olympic, 80; Overseas Corp., 205; Petersville, 38; Repco, 176: Roc.la, 218: S.A. Rubber. 88: Sleigh, 83: H. Smith, <320: Swan. 272; T.N.T., 220: Wehl. 106.

Mining, 0i1.— A.A.0., 150; Aust. Dev., 460; Basin. 16; Beach, 445, and 10c pd, 370; Bounty, 18, and opts. 9: B.H. Sth. 504; C. Norseman. 430: Cons. Gold, 470; C.R.A., 2350: Gt Boulder, 620; Hamersley, 1650; Interstate, 60; Lake View, 390; Loloma, 425; Magellan, 280; Metals Exp., 790: Mt Isa, 1520; Mt Lyell. 275; New 8.H.. 1850: Nth 8.H., 1030; Oil Search, 48; Petromin., 88; Renlson,' 1120; Santos, 250; Silver Valley, 150; Southland, 1030; Sth Pae., 80; West Mining, 1510: West Titan, 650.