Australia closes on firm note

Press, Volume CXIV, Issue 33479, 9 March 1974, Page 13

Australia closes on firm note

Share prices ended the week on a higher note on Australian stock markets, under sustained buying support, centred mainly on gold stocks.

Central Norseman rose 20c to 195 c while Emperor improved 5c at 240 c. PekoWallsend traded steadily, while Poseidon gained further ground with a 44c rise to 804 c,

In the oils, WoodsideBurmah recouped part of Thursday’s loss, while Weeks edged 5c up to 110 c and A.A.R. and International had marginal gains. The banks performed well, and the breweries, despite fears of more industrial trouble and threat of a shortage of beer, moved higher. B.H.P. closed off the top at 894 c, a 14c net gain for the day, and T.N.T. gained 3c at 178 c.

SYDNEY SatM.—Amatll, 270; Ampol, 71; Ansett, 73; A.W.A., 120; Assoc. Sec., 135; A.G. Corp., 212; A.N.1., 142; N.S.W., 854; Blue Met, 160: Brambles, 148; 8.H.P., 894; Burns Phil., 345; Carp., 199; Clyde. 128; Coal All., 170; C.S.R., 458; Coles, 160; Comalco, 280; C. 8.5., 280; Courage, 60; C.1.G., 310; Cone. Ind., 155; Courtaulds, 58; E.M.1., 255; Email, 96; E.Z.1., 400; Elders, 270; Fairfax, 230; F. and T. 132; Fibre Con., 155; Hanimex, 215; J. Hardie, 490; Hooker, 152; 1.C.1., 220; D. Jones, 160; Kolotex, 183; L.N.C., 190; Lend Lease, 420; Mainline, 210; Marrlck, 78; Mauri, 127; Myer, 192; N.Z. Forest. 390; News, 192; Petersville. 34; Pioneer C, 170; Publishers, 142; Pye, 175; Rothmans, 288; Sims, 115; Sleigh, 60; Sth Brit, 360; Slater, 63; Swan, 195; Tooheys, 192; Tooths, 276; T.N.T., 178:

Travelodge, 58; Union Carb., 367; Waltons, 180; Wilcox Mof„ 78. Mining, Oil.— Allstate, 9J; Assoc. Min., 205; B’ville, 205; B.H. Sth, 288; Carr Boyd, 15; Patrick, 10; Cleveland, 50; C.R.A., 345; Cudgeon, 28; East. Met., 8j; Emperor, 240; G.M. Kalg., 235; Hamersley. 145; Hill 50, 23; Kath. Inv.. 65: M.1.M., 252; Peko, 610; Planet, 7; Placer, 1740; Poseidon, 800; Qld Mines, 95; Robe River, 58; Southland, 39; W.M.C., 185; Woodsreef, 3J: Ampolex, 128; A.A.R., 110; Beach, 30; Oil Search, 15; Timor, 18; Woodside, 175. MELBOURNE Sales.— Ampol, 71; Ansett, 73; Aust. Fert., 131; A.C.T., 262; A. 171; N.S.W., 854; 8.H.P., 894; Brolite. 118; Comalco, 280; Coles, 160; C.S.R., 458; Containers, 230; Dunlop, 112; Email, 96; E.Z.1., 400; F. and T., 132; Gollin, 103; Gordon Gotch, 235; Herald, 342; Hooker, 152; Humes, 117; 1.C.1.A.N.Z., 220; Mayne Nick, 150; P. Morris, 728; Myer, 192; Nat. Bank, 385; News, 192; Olympic, 90; Petersville, 34; Repco, 178; Sleigh, 60; H. Smith, 445; Swan, 195; T.N.T., 178. Mining, oiI.—A.A.R, 110; Aberfoyle, 65; Aust. Dev., 68; C. Norseman, 195; C.K.A., 345; Gt Boulder, 93; Hamersley, 145; M.1.M., 252; Mt Lyell, 169; Nth B. 162; Oil Search, 15; Renlson, 900; Silver V, 51; Southland, 39; West Min., 185.