Widespread falls in Australia

Press, Volume CXI, Issue 32564, 25 March 1971, Page 14

Widespread falls in Australia

The suspension of Leopold Minerals, sent the Australian mining market tumbling yesterday. Speculative nickels, and especially those which rose recently were the hardest hit. Oils and industrials were quiet and generally easier.

Rises very few in number. Murchison gained 10c to 90c and Australian Development sc to 100 c. I.M.C. fell 20c to 65c, Jensen was 12c down at 40c, and Metals Ex. eased 40c to 530 c. Mining Finance dropped 23c to 65c and M.I.M. was down 20c to 370 c. Established miners were notably easier. Peko dropped 70c to 1070 c and C.R.A. fell 20c to 1190 c. Utah eased 15c to 400 c, and New B.H. shed 20c to 1390 c. Kathleen Investments eased 30c to 1000 c, and Queensland Mines fell 150 c to 2300 c. Industrials were easier in light trading. B.H.P. shed 15c to 1470 c and C.S.R. dropped 14c to 616 c. Austim, F. and T., and the Herald were also marginally lower. Thiess dropped 25c to 375 c.

SYDNEY Sales.—Ampol, 64; Ansett, 70; A.W.A., 124; Ass. Sec., 169; A. 185; A.N.1., 92; 8.N.5.W., 602; 81. Mtl, 138; Borg, 195; Bramble, 176; Brit. Tob., 197; B. 1475; Buras P., 280; Carp., 183; C’reagh, 19; Clyde, 85; C. 5.8., 616; Comalco, 415, and etg, 255; Com. of Syd,, 200; Cone. Ind., 69; Custom, 170; E.Z.1., 325; Elders, 146; Fairfax, 270; Fairymead, 205; F and T, 90; Fibre cont., 165; Hanlmex, 95; Hardie, 385; Hooker, 111; 1.R.H., 66; D. Jones, 148; L.N.C., 110; L. Lease, 300; LifeSavers, 158; Marrick, 76; Mauri, 98; Forest, 340; Newbold, 88; 011 ms, 48; Penfold, 175; P.G.H., 90; Plant, 65; Pioneer C„ 105; Protector, 287; Rothmans, 195; Austlm, 100; Sleigh, 56; Soul, 480; Sth Brit.. 524; Tooheys, 159; Tooth, 485; T.N.T., 144; Travelodge, 110; Waltons. Ill; Wilcox M., 51; W’wths, 73.

Mining, oil.—Allstate, 28; Assoc. Min., 550; B.H. Sth, 330; Carr Boyd, 93; Cleveland, 80; Com. Min., 17; Cons. Rut., 280; C.R.A., 1200: Cudgen, 130; Eastmet, 35; Emperor, 32; G.M. Kalg., 44; Hamersley. 560; HUI 50, 40; Kambalda, 80; Kath. Inv., 970; Laverton, 30; M.K.U., 220; M.1.M., 370; New 8.H., 1400; Nth. Flind., 65; Nth Deb., 70; Nthn Min., 60; Peko, 1070; Placer. 3200; Planet Met., 55; Project Min., 17; Poseidon, 3800; Qld Mines, 2300; Scamander, 38; Tasminex, 115; West. Min.. 500; Westralian,' 41; Woodreef, 15; Ampolex, 125; A.0.G., 40; Beach, 40; Bounty, 4J; Clarence, 12; Genoa, 15; Longreach, 17; Oil Search, 20; Pexa, 4J; Planet GU, 22; Timor, 35; Woodside, 38. MELBOURNE Seles.—Ampol, 64; Ansett. 70; Aust. Fert., 55; A;C.I„ 164; A.K. Cement, 91; A.P.M., 173; 8.N.5.W., 602; 8.H.P., 1465; Carlton, 360, and Z, 360; Comalco, 420, and etg, 255; Carrier, 85; Coles, 75; C.S.R., 616; C.8.A., 200; Containers, 175; Cyclone, 100; Dunlop, 118; Email, 57; E.Z.1., 330; F and T. 91; Gerrard, 260; G. Gotch, 125; G.U.D., 305; Herald, 350; Hooker, 114; Humes, 160; 1.C.1.A. 156; Jennings. 120; H. Jones, 230; Kauri, 15; Mayne Nick., 145; Mcßwraith, 76; McPhersons, 55; Minster, 130; P. Morris, 690; Myer, 222; Nat. Bank, 282; Nat. Consol., 152; News, 330; Nyles, 102; Olympic, 74; Overseas, 167; Petersville, 19; Repco, 184; SWh, 57; H. Smith, 265: Swan, 235; T.N.T., 145; Wchl, 85. Mining, 0i1.—A.A.0., 125; Aberfoyle, 130; Aust. DeV., 100; Basin, 8; Beach, 39; Bounty, 4i, and opts, lj: B.H. Sth, 335; Cons. Gold, 820; C.R.A., 1210; Gt Boulder, 290; Hamersley, 570; Lake View, 110; Loloma, 150; MageUan, 95; Met. Ex., 530; M.1.M., 370; Mt Lyell, 185; New B. 1390; Nth 8.H.; 175; OU Search, 19; Petromin., 23; Santos, 275; Silver-V.; 65; Sthland, 235; Sth Pac., 23; West Min., 495; West Titan, 520.