Banking issues boost trade in Australia

Press, Volume CXV, Issue 33783, 4 March 1975, Page 14

Banking issues boost trade in Australia

News that the A.N.Z.! Bank was reducing itsP borrotving and lending j rates prompted good!; buying demand for banking issues on Australian exchanges yes-; terday. [ The Bank of New South Wales made a 10c improve- [ ment to 600 c. Both the : iC.B.C. and the C.B.A. re- 1 corded 10c gains, and the A.N.Z. jumped 14c to 526 c, [after attracting little interest [in the morning session. I Financier stocks qiiickly followed suit, I.A.C. rising :6c to 83c. i Brewers were in demand, particularly C.U.8., Swan, and Tooth. In a firm properties section, Hooker jumped 14c to 118 c and Lend Lease made a 5c improvement, to 240 c. On the mining board good rises were registered by I Broken Hill South. Ham- , mersley, M.1.M., and Western Mining. There was little interest in gold and uranium issues, al- [ though Peko managed a 5c improvement to 335 c. The: only other uranium issue to[ firm was Queensland Mines,, up 6c to 98c. J

Oil stocks were mostly ig-i nored throughout the ses-1 sion Woodside-Burmah). [eased 2c to 87c and A.A.R.p [slipped 5c to 165 c. I] i■■ ' h SYDNEY Sales.— Amatil, 152; Ampol, 46; ! Ansett, 66; A.W.A., 95; Assoc. • Sec., 62; A.N.Z., 520; A.G.C., 143; : N.S.W., 600; 8.M.1., 83; Boral, 177; Borg W., 125: Brambles, 1 130; 8.H.P., 638; Bundaberg, 485; Burns P._ 220; Carp. 118; C’maine, 330; Clyde, 89; Coal Al., 176; C.S.R., 396; C.A.G.A., 190; Coles, 120; C.8.C,, 200; C.1.G., 205; Cone. Monier, 103; Courtaulds, 27; Email, 61; E.Z.1., 310; Elders, 175; Fairfax, 108; F and T, 70; Hanimex, 117; J. Hardie, 350; Hooker, 115; 1.A.C., 83; 1.C.1., 140; Kdlotex. 92; L.N.C., 88; Lend Lease, 245; Lifesavers, 185; M.L.C., 200; Marriekville, 49; Mauri, 90: Myers, 136; N.Z. Forest, 305; Penfolds, 80; Pet. Chem., 28; Petersville, 22; Pioneer Monier, 87; Pioneer Sugar, 465; Sims, 116; Sleigh, 35; Oakbridge, 49; Swan. 130; Taubmans, 74; Thiess, 258; Tooheys, 138; Tooths 200; T.N.T., 110; Union I Carb, 225; Waltons, 72; Wwths,; 82. Mining, oil.—Beaver Exp., 4;; Bougainville, 111; B.H. Sth, 235;! Carr Boyd, 12; Cleveland, 40; [ .Com. Min., 205; Cons. Gol, 290;. : Cons. Ruth, 195; C.R.A-, 208;; Cudgen. 70; East Met.. 65: Em-; peror, 185: G.M.K., 215; Hamerslev. 140; Hill 50, 21; Hath. Inv. 91; Mallina. 26: M.K.U.. 78; : M.1.M.. 167; Paringa, 39: Peko, ' 335; Planet Res.. 71.'- Posiedon, . 550: Old Min.. 98: Robe. R„ o 8; . Southland. 16: W .M.C., 184; I Westralian. 57: Woodsreef, 3; Ampol Ex., 73: A.A.R.. 170. A 0.G.. 10; Longreaeh, 3; Oil i Search, 25; Timor, 19; Woodside, 1 85.

MELBOURNE Sales—A.N.L, 90; Ampol, 45, Ansett, 66; A.R.C., 95; A.C.1., 165; ‘ N.S.W., 600; Boral, 178; 8.H.P.,1 640; Comalco. 160; C.U.8.Z., 215;; Coles, 121; C.S.R., -398; C.8.A.,1 260; Containers, 130; Dunlop, 66;: Email, 60: E.Z.I. 310; F and T, 71; Flex Drive, 90; G Gotch, 130; I Herald. 200; Hooker, 118; Humes, 70; 1.C.1., 145; Jennings, 118; H. Jones, 125; Kauri, 40; Kelvinator;! 75; Mayne Nick, 132; Mcllwraith.i 85; Nylex, 65: P. Morris, 600; i Myers, 137; Nat. Bank, 260; [ Olympic, 55; Overseas, 118;: Petersville 23; Repco, 107; I Sleigh, 34; H. Smith, 415; Swan, 131; T.N.T., 110; U.E.8.. 90. Mining, oiI.—A.A.R., 165; Aberfoyle, 98; Aust. Dev., 47; Basin, 4; B.H. South, 238; Cent. Norse, 220; Cons. Gold, 290; C.R.A., 210; Hamersley, 140; Interstate, 73; Utah, 660; Loloma, 38; Magellan, 57; Metals Exp.. 65; M.1.M., 168; Oil Search, 26; Renison, 490; Satos, 68; South Pac., 20; W.M.C.,