Mixed Australian market in all sections

Press, Volume CX, Issue 32474, 8 December 1970, Page 24

Mixed Australian market in all sections

Speculative mining shares fell back after a firm start on Australian stock exchanges yesterday to close on a generally weak note. Established miners were firm, oils were dull, and industrials irregular. Among stocks to gain Kathleen Investments was prominent with a rise of 70c to 1580 c. Queensland Mines put on 100 c to trade at $35. Southland rose to 260 c but closed at 250 c, 5c up. New Broken Hill traded at 1700 c and closed at 1680 c, up 30c. Western Mining was very firm, gaining 30c to 1070 c, although Great Boulder eased a fraction. Metals Exploration lost- most of an early gain. International Mining Corporation traded at 250 c but made a late slide to 235, down 20c on the day.

Oils were quiet. Beaver,: Bounty and Endeavour re-: mained steady. Among the industrials E.Z. firmed 10c to 430 c, and Austim put on 10c to close at 195 c. C.S.R. dropped 12c to 584 c. Thiess looked very firm, although 8.H.P., Ampol and Bums Philp were unchanged. The Bank of New South Wales lost 6c at 560. SYDNEY Sales.—Ampol, 71; Ansett. 68; A.W.A., 138; Ass. Sec., 160; A.G.C., 172, and rts, 64; AJN.I., 98; N.S.W., 560; 81. Mtl, 170; Borg W;, 190; Bramble, 163; Brit. Tob.. 240; 8.H.P., 1290; Burns P., 310; Carp., 193; Cmalne, 690; C’reach, 33; Clyde, 90; Coal Al., 170; C.S.R., 584; Comalco, 520, and ctg, 330; Com. of Syd., 210; C.1.G., 330; Cone. Ind., 70; Dickson, 56; E.Z.1., 420; Elders, 164; Fairfax, 220; Fairymead, 216; F and T, 89; Hanimex, 105; Hooker, 116; Kolotex, 235; L.N.C.. 120; Lend Lease, 315; Lifesavers, 124; Lindeman. 315; Mainline, 255; Marrick, 80; Mauri, 103; Miller, 148; N.Z. Forest, 370; Newbold, 92; Olims. 64; P.G.H., 95; Pioneer C. rts, 58; Protector rts, 280; Provincial, 80; Publishers, 30;

; Rothmans, 190; Austin). 195; I Sleigh, 61; Taubmans, 76; Thiess, 520; Tooheys, 150; Tooth, 442;; T.N.T., 168; Travelodge, 135;. Union Carb., 505; Waltons, 110; Woolworths, 88. Mining and oil.—Allstate, 41; Assoc. Mln., 680; B.H. Sth, 385; Carr Boyd, 145; Cleveland, 117; Com. Min., 25; Cons. Gold. 840; Cons Rut, 315; C.R.A., 1325; Cudgeon, 190; Eastmet, 70; Hamersley, 580, and rts, 70; Hill 50, 65; Kambalda, 50; Kath. Inv., 1600; Laverton, 72; Mallina, 110; Min. Sec., 1120; New 8.H., 1680; Nth Fllnd., 160; Nth Deb., 60; Peko. 1205; Placer, 3100; Planet Met., 95; Project Min., 30; Poseidon, 6250; Qld Mines, 3450; Robe R., 258; Samin, 730; Survey, 43; Scamander, 55; Tasmlnex, 168; V.A.M., 86; Western Mln., 1070; Westrallan, 64; Woodreef, 17; Ampolex, 160; A.A.0., 125; A.0.G., 48; Beach, 69 Bounty. 6J; Clarence, 16; Longreach, 29; Mideast, 38; Oil Search, 26; Pexh, 6J; Planet Oil, 28; Timor, 27; Westmoreland, 38; Woodside, 65. MELBOURNE Sales.—Ampol, 71; Ansett, 69; A. 123; Aust. Fert., 62; Assoc. : Pulp, 190; A.C.1., 185; Ak Cement, 87; A.P.M., 175; N.S.W., 560; Boral. 170; 8.H.P., 1300; Carlton, 1 300 and Z 360; Comalco, 524,1 and ctg.. 345; Cast. Perk., 690; i Coles, 90; C.S.R., 584; C.8.A., 224; Cyclone, 126; Dunlop, 119 and rts 91; Email, 56; E.Z.1., 430; F. and T., 89; Gerrard, 290; G. 310; Healing. 6; Herald, 326; Hooker, 116; Humes, 165; 1.C.1.A.N.Z., 160; Jennings, 112; M. B. John, 115; H. Jones, 220; Kelvlnator, 102; McPhersons, 56;' Minster, 100; P. Morris, 566; | Myers, 266; Nat. Bank, 260; Nat. Consol., 160; News, 305; Nylex, 121; Olympic, 70; Overseas, 150; Petersville 23; Repco, 170 and rts, 60; Sleigh, 62; How. Smith, 220; Swan, 228 and rts. 72: T.N.T. 167; Uniroyal, 87; U.E.8., 112; Mining, Oil—A.A.O., 120; Aberfoyle, 230; Aust. Dev., 170; Basin, 12; Beach. 68; Bounty, 6J; B.H. Sth, 380; Cons Gold, 840; C.R.A., 1330; Gt Boulder, 305; Hamersley, 590 and rts, 65; Lake View, 195; Loloma. 250; Magellan, 110; Met. Ex., 650; M.IJd., 405; Mt Lyell, 220; New 8.H., 1680; Nth B. 220; Oil Search, 26; Petromin, 19; Renison, 1100: Silver Valley, 77; Southland, 250; Sth Pac., 32; West Mining, 1065.

Dominion Farm. Institute

; Dominion Farmers’ Insti- , tute, Ltd’s interim report for t the six months to October 31 shows that gross rentals and i other income are about the . same as for 1969. In line ■ with the forecast, made in i the 1970 annual report, ex- • penditure has been reduced . accordingly as all deferred . maintenance has been com- > pleted. Directors' anticipate being able to maintain the . annual dividend for 1971 at the same rate as for 1970. A.O.G. calls 10c Australian Oil and Gas Corporation, Ltd, is making a 10c ' call on all the issued coni trfbuting shares in the company, payable on January 25.