Leading Australian Shares Are Firm

Press, Volume CIX, Issue 32274, 17 April 1970, Page 16

Leading Australian Shares Are Firm

Mining shares turned back after a firm start on the Sydney Stock Exchange yesterday. Most issues, including many which showed early gains, closed lower. In Melbourne speculatives behaved in a similar pattern.

Poseidon fell 1300 c to $92, after sales down to $BB. Samin also closed off the bottom at 1100 for a loss of 50c. North Flinders fell 20c to 260.

Trading remained very quiet throughout the market, and the decline was attributed to a general drift rather than pressure to sell. Established issues remained firm, with Mt Isa up 70c at 1440, and Hamersley 10c better at 810.

Metals Exploration was firm at 720, although Great Boulder fell 10c to 440. Peko reacted under selling pressure, losing 30c at 1150. In the oils, Beach ran into profit-taking after its recent sharp advance, losing 12c at 133. Bounty was steady, although the options improved. Leading industrials were generally better with B.H.P. up 30c at 1460. Dunlop and Osti were firm, while Thiess added 10c at 340. SYDNEY Sales.—Amal. Chem.. 38: Ampol, 87; Ansett, 83; A.W.A., 155; A.N.Z., 630; Ag. Corp., 180: A.N.I. 87; N.S.W., 564; BL MtL, 150; Borg W., 170; Bramble, 190; Brit. Tob., 275: 8.H.P., 1460: Burns P., 340: Carp., 212; Coal AIL, 180; C.S.R., 694; C.A.G.A., 278; Com. of Syd., 210; C.1.G., 385; Courtaulds, 115; Custom C., 135: Dickson, 55; EZL, 425: Elder. 206; Fairfax, 197: Fairymead. 185; F and T, 107; Hanimex, 142: Hardie, J., 370, Hooker. 84; 1.A.C., 113: 1.R.H., 58; D. Jones, 142; Kolotex, 265; L.N.C., 110; Lend Lease, 270; Lifesavers, 150; M.L.C., 520; Marrick, 94; Mauri, 120: Miller. 175: Newbold, 105: News, 222; Olims, 93; Penfold, 300: P.G.H. Inds, 80; Pioneer C„ 160; Pioneer S., 200: Protector, 360; Pye, 82; Qld Ins., 375; Rothmans, 205: Slater, 480; Sleigh, 74; Soul, 610: Sth Brit., 540; Taubmans, 90; Thiess, 340; Tooheys, 120; Tooth, 676; T.N.T., 200; Travelodge, 165: Union Carb.. 704; Waltons. 105, Wwths, 109. Mining, Oil.—Allstate. 75; Assoc. Min., 730; B.H. Sth. 430: Carr Boyd. 380; Cleveland Tin, 100; Com. Min., 350; Cons Gold, 820; Cons Rut., 310; C.R.A., 1800; Cudgen, 210; Eastmet, 94: Emperor, 15: Grt Nthrn, 52; Hamersley, 810; Hill, 50, 90: Kambalda, 17; Kath Inv., 330: Laverton, 190; Mallina, 95; Mt Isa, 1440; New 8.H., 1650; Nth Flinds, 260; Nth Deb., 100; Nthn Min., 63; N.A.U.C., 110; Peko, 1150; Placer, 4250; Planet Met., 42;

Project Min., 27; Poseidon, 9200; Qld Mines, 500; Samin, 1100; Survey Min., 150; Scamander, 118; Tasminex, 275; V.A.M., 225; West. Min., 1240; Westralian, 90; Allodev, 25; Ampolex, 190; A.0.G., 92; Beach, 133; Bounty 08; Clarence, 12; Exoil, 60; Genoa, 10; .Longreach, 30; Mid east, 43; Oil Search. 37; Pexa 08; Timor, 43; Westmoreland, 28; Woodside, 60.

MELBOURNE Sales.—Ampol, 88; Ansett, 84; A.R.C., 125; Assoc. Pulp, 162; A.C.1., 195; A.K. Cement, 88; A.P.M., 174; N.S.W.. 568; Boral, 190; 8.H.P., 1465; Brolite, 130; Carlton, 350, and Z. 365; Coles, 103; C.S.R., 698; C.8.A., 210; Containers, 152; Cyclone, 134; Dunlop, 170; Email. 80; E.Z.1., 428; F and T, 107; Flex Drive, 260 Gordon Gotch, 155; Toeraid, 290; Hooker, 82; 1.C.1.A.N.Z., 202; Jennings, 102; M. B. John, 125; H. Jones, 255; Kelvinator, 110; Mayne Nickless, 143; McIlwraith. 95; McPhersons, 60; Minster. 82; P. Morris. 670; Myers. 342: Nat. Bank. 255; Nat. Consol., 145; News, 225; Nylex, 132; Olympic, 80; Overseas Corp., 175; Petersville, 31; Repco, 181; Rocla. 228; Sleigh, 70; How. Smith, 300; Swan, 250; T.N.T.. 203. Mining, 0i1.—A.A.0., 10ft; Aust. Dev., 195; Basin, 11; Bounty, Bi. and opts, 4i; B.H. Sth. 430; N. Norseman, 360; Cons. Gold, 800; C.R.A.. 1770; Gt Boulder. 445; Hamersley, 800; Interstate, 38; Lake View, 190; Magellan, 160; Metals Exp., 720; Mt Isa, 1425; Mt Lyell. 275; New 8.H., 1650; Nth 8.H., 870; Oil Search, 40; Petromin.. 45; Renison, 1040; Santos, 185; Silver Valley, 100; Southland, 440; West Mining. 1240. LONDON Ampol, 8s 3d; 8.H.P., 141 s; Elder Smith, 19s 3d; NMA, 8s lid; Dalgety, 50s 9d; A.N.Z., 61s 3d; Lloyds Bk, 62s 3d; Nat. Bk, 25s 6d; Bk N.S.W., 645; P and O. 42s 3d; Transp. Dev., 13s Bid; 8.L.M.C., 10s 4d; Distillers. 255; War Loan, 31 p.c., 41s OJd.

Mining, Oil. —Amad, 9s 3d; B.H. Sth, 41s 3d; Carr Boyd, 35s 6d; East. Met., 9s 3d; Cons. Gold, 79s 4d; E.Z.1., 395; G.M. Ka!., 9s 9d; Gt Boulder, 445; Hamersley, 74s 6d; Hampton Areas, 39s 6d, Hampton Props, 9s 7d; Kia Ora, 26s 6d: Lake View, 18s 3d; Laverton, 18s 9d; Loloma, 37s 6d; Metals Ex., 68s; Mt Isa, 126 s 6d; Mt Lyell, 24s 9d; Murphy Ores, 3s 9d; New 8.H., 151 s 3d; New Metal, 9s 3d; Nth 8.H., 82s 3d; Nth Deb., 9s 9d; Nth Kalg., 88s; Nth Flind., 28s 9d: Oil Search, 3s 6d; Poseidon, £5l ss; R.T.Z. ord., 127 s and reg., 126 s 6d; Tasminex, 26s 6d; West. Min., 114 s; Westmoreland, 2s 3d; Westralian, 44s 4d.