Established miners and oils weaken in Australia

Press, Volume CXI, Issue 32659, 15 July 1971, Page 15

Established miners and oils weaken in Australia

Oils and established miners lost ground in quiet trading on Australian stock exchanges yesterday. Specuiatives were marginally lower while industrials were a little firmer. Volume was below average, and little enthusiasm was shown. Woodside and Glomex were actively traded. Woodside sold as high as 115 c but it finished at 110 c in Sydney and 105 c in Melbourne. Mid East Oil was relatively steady, but Timor fell 5c to 38c. Magejlan recovered 10c to 185 c, and 00l Search firmed 1c to 28c. Bouganville eased 5c to 330 c and New BH dropped 10c to 117Qc, but C.R.A. firmed 4c to 850 c. Hamersley continued to slide dropping another 15c to 420 c, while M.I.M. Holdings, W.M.C., Utah and B.H. South fell 5c each. Peko weakened further to 980 c. and Metals Ex shed 10c to 560 c. Spargo’s recovered 20c to 200 c. B.H.P. finned 5c to 1390 c. Comalco, and Pioneer Sugar rose 5c each, Philip Morris gained 10c to 730 c. Austim, Coles and Woolworths improved marginally. SYDNEY Sales.—Alam. Chem., 30; Ampol, 56: Ansett. 67; A.W.A., 135; AM. Sec., 192; A.G.C., 200; A.N.1., 94; N.S.W., 624; 81. Mtl, 158; Borg. W.. 225; Bramble, 196: Brit Tab., t9B; 8.H.P., 1385; Burns P-. 315: W. R. Carp., 201; C’reagh, 12; Clyde, 90; Coal Al.,

135; C.S.R., 560; Comalco, 380; Com. of Syd., 230; C.1.G., 340; Cone. Ind., 70; Custom, 210; Dickson, 58; E.Z.1., 320; Elders, 134; Fairfax, 230; Fairymead, 200; F. and T., 97; Fibre Cont., 172; Hardie. J., 380; Hooker, C., 110; 1.A.C., 173; 1.R.H., 69; D. Jones, 160; Kolotex, 185; L.N.C., 108; Lend Lease, 325; Lifesavers, 195; M.L.C., 870; Mainline, 245; Marrick. 66; Mauri, 115; MUler, 127; Newbold, 90; Penfold, 165, P.G.H., 97; Pioneer C., 112; Pioneer, S., 170; Protector, 265; Publishers, 150; Rothmans, 245; Sims, 115; Austlms, 125; Sleigh, 51: Sth. Brit., 570; Taubmans. 70; Theiss, 345; Tooheys, 182; Tooth, 510; T.N.T., 160; Union Carb., 600; Waltons, 119; Wilcox, 51; Woolworths, 77; Assoc. Mln.. 16; B’ville, 330; B.H. Sth. 330; Carr Boyd, 80; Cleveland, 80; Con. Mln., 315; Cons Gold, 780; Cons Rut., 257; Cudgeon, 130; Eastmet, 30; Emperor, 32; Gm. Kalg., 37; Hamersley, 420: Kambalda, 51; Kath. Inv.. 790; Malllna, 60; M.K.U., 138; M.1.M., 345; New 8.H., 1190; Nth Deb.. 40; Nthn Mln., 45; Peko, 980; Placer, 300; Planet Met., 27; Project Mln., 12; Poseidon, 2400; Qld Mines, 1600; Tasmlnex, 57; Western Mln., 395; Westrallan. 36; Woodreef, 14; Allodev., 22; Ampol Ex., 115; A.A.0., 160; A.0.G., 35; Beach, 45; Bounty, 4; Clarence, 85; Exolt, 26; Genoa, 90; Longreach, 18; Mideast, 52; 011 Search. 27; Pexa, 51; Planet OU, 30; Timor, 38; vamgas. 30; Westmoreland, 21; Woodside, 110. MELBOURNE

Ampol, 56; Ansett, 66; Aust. Fert., 40; Assoc. Pulp, 172; A.C.1., 167; Ak. Cement. 96; A.P.M., 191; N.S.W., 620; Boral, 155; 8.H.P., 1390; Comalco. 385, and ctg, 342; C.U.B. Z, 380; Carrier, 98; Coles, 90; C.S.R., 560; C.8.A., 236; Containers, 230; Cyclone. 94; Dunlop, 120; Email, 133; E.Z.1., 325; F. and T„ 97; G. Gotch, 164; G.U.D., 355; Healing, 4J; Herald, 390; Hooker, 112; Humes, 182; I.C.LA.NX. 158; Jennings, 138; Mayne Nick., 145; McPhersons, 54; Minster, 108; P. Morris, 730; Myers, 259; Nat. Bank, 295; Nylex, 110; Olympic, 82; Overseas, 167; Petersville, 20; Repco, 189; Rocla, 149; Sleigh, 50; H. Smith, 275; Swan 235; T.N.T;, 158; U.E.8., 122. Mining, 0i1.—A.A.0., 160; Aust. Dev., 79; Basin, 13; Beach, 48;

Bounty, 4, and opts, 1; B.H. Sth, 230; C. Norseman, 95; C.R.A., 850; Gt Boulder, 220; Hamersley, 420; Interstate, 35; Magellan, 185; Metals Ex., 560; M.1.M., 345; Mt Lyell, 168; New 8.H., 1170; Nth 8.H.. 172; 011 Search, 28; Silver , V., 45; Southland. 110; West Mining, .192; West Titan, 430. Rights market Buy Sell Sale : B.N.Z. Fin. .. 90 ' C.P.D. .. .. 5 6 5