Declines map Wall St

Press, 21 November 1987, Page 31

Declines map Wall St

NZPA-AAP Sydney The Australian share market closed sharply lower yesterday following renewed falls on Wall Street and London overnight and continuing concern over lack of progress in U.S. budget deficit talks. Brokers said a 44 point fall" in the Dow Jones Industrial average and a 24.6 point

slump in London’s FTSE 100 share index combined to drive stocks down in quiet trading. At the close, the all ordinaries index was 27.3 points down at 1256 as the all industrials lost 39.7 to 1952.4, the gold marker 51.1 to 1851.5 and the all resources 17.7 to 722.6.

Closing quotes Buy Sell Sale 345 355 355 95 98 95 232 — 235 165 168 165 420 430 — 300 365 — 355 360 360 230 235 235 — 290 — 470 475 478 820 — — — 115 115 13 — — 642 648 648 550 — — 405 — 405 275 — 275 205 208 205 55 56 55 375 380 380 275 300 300 — 255 — 115 118 115 30 32 32 — 1 — 710 716 710 32 35 35 590 600 600 230 — — 20 22 21 195 200 195 — 1500 — 175 180 180 — 30 — 190 —- 190 55 58 55 12 14 — 352 358 358 — 200 — 782 790 780 700 750 750 — 319 — 190 197 197 195 200 200 340 350 350 37 41 335 — 318 320 320 230 240 240 100 — 124 • — 75 — 1 180 185 185 ' — 150 150 ‘ 350 360 — 1 566 570 566 i 190 195 195 i 20 28 20 i 230 235 235 i 85 90 85 210 — — 38 40 — 302 305 302 260 270 270 75 — 75 — 80 80 540 — 540 ; 820 840 820 : 220 — — 1 105 110 no i 360 365 365 1 — 200 165 1 260 265 265 < 312 320 315 ( — 95 95 I 115 120 120 J 275 280 275 I 180 210 — H 155 — — 45 50 — 1 180 180 1 — 75 — 1 — 42 — 210 220 220 I — 1700 1650 I — 410 420 1 — 15 — 1 70 — — 1 70 75 70 1 185 190 190 1 110 120 135 1 25 30 160 180 188 190 185: 630 640 640 . 120 140 140 . 85 90 80 . 210 220 220 — 170 —— 190 10 50 — 50 — 50 48 50 48

Dividends Cents Yld% P/E ratio Year’s high low ACI 17.00 4.79 14.3 465 290 AFP — — 45.2 920 70 AGC 11.00 4.68 7.2 410 230 ANI 9.33 5.65 8.9 365 145 91 nts 34.10 7.93 — 650 415 96 nts 30.50 0.17 — 480 300 ANZ 21.00 5.83 6.5 660 340 AWA 10.50 4.47 — 750 220 Acmex 15.00 — — 730 260 AdeiStm 36.00 7.58 3.6 1480 420 Adtiser 12.00 1.46 33.7 880 475 Alcan 4.00 3.48 16.4 230 110 Alpha — — 6.8 40 10 Amatil 32.00 4.94 11.4 1100 550 B 32.00 5.82 6.9 1000 550 Amcor 21.00 5.19 11.5 630 270 Ampol 7.50 2.73 7.6 430 240 Argo 11.00 5.37 21.8 360 200 Ariadne 10.00 8.18 1.8 383 040 Arnotts 15.50 4.08 15.4 600 330 Arrowfid 10.00 3.33 12.9 460 280 opt — — — 280 150 AFound 5.50 4.78 20.9 305 80 AustOvrs 1.00 3.13 36.8 68 30 rts — — — 25 1 BMP 31.25 4.40 13.4 1210 660 BTGIobal 3.00 8.57 5.1 67 30 BTR 12.00 2.00 21.8 2400 500 BankQld 15.00 6.25 10.6 320 240 Barwon 1.00 4.76 9.3 80 20 BeilG 10.00 5.13 2.6 1125 150 pref 39.00 3.25 — 4000 3100 BellRes 15.00 8.33 2.5 610 100 Bisley opt — — — 320 75 Bondcorp 10.00 5.26 7.7 305 130 BondMed —— — 32.4 115 50 opt — — — 42 10 Boral 18.00 5.03 10.8 700 250 Botena — — 6.8 640 200 Brambles 26.00 3.32 12.9 1230 580 90nts 30.75 4.10 — 1250 660 BrickP 18.00 5.66 8.2 620 300 Brierley 8.60 4.37 6.9 540 190 Bundaberg 6.50 3.25 18.5 295 190 Burns 10.00 2.86 9.6 620 295 CRP 4.60 1.50 8.7 60 40 CIG 17.00 5.07 11.2 504 290 CSR 20.00 6.25 13.1 490 270 Cadbury 7.00 2.92 19.8 300 175 Chase 10.62 8.56 3.6 570 115 Clardeen — — 16.3 180 65 ClytnRob 5.00 2.70 10.5 850 185 Clyde 11.25 7.50 10.7 260 150 CoalAll 20.00 5.71 7.0 540 340 ColesM 24.00 4.24 11.7 960 500 Comalco 20.00 0.26 3.9 550 195 Cortaus —— — 4.9 225 20 Costain 10.00 4.26 12.1 580 190 DeakMorg 5.00 5.88 5.9 225 80 EDunlop 12.00 5.00 14.9 430 185 Eastcourt 6.00 5.00 3.6 82 30 Elders 17.90 5.93 5.4 610 230 Email 11.00 4.07 11.0 430 200 Equicorp 2.50 3.33 3.1 145 70 EuroNat — — 3.1 470 70 FAI 6.00 1.11 10.5 1000 390 Fairfax 9.25 1.13 58.2 2000 430 Feltex 12.04 — — 350 250 FineMet — — 8.5 415 60 FCL 20.21 5.54 8.7 680 350 Fortuna 11.61 7.04 8.0 310 165 GPT 23.20 8.75 11.4 390 220 Goodman 11.00 3.49 11.4 576 300 HDFI 10.00 .53 4.3 165 80 lanimex 5.00 4.17 7.5 200 110 lardieJ 17.14 6.23 10.2 495 275 felmCorp 1.00 .53 47.5 1260 125 opt — — — 1060 100 iitek — — 45.5 125 45 Hooker 15.00 8.33 4.9 566 157 Flugall — — — 160 85 opt — — — 45 30 Humes 13.00 5.91 11.2 340 200 UProp — — 2400 1550 1CI 20.00 4.88 10.9 630 315 lELGrwth 5.73 8.20 2.6 110 95 lELIncme 11.46 6.37 6.1 110 70 ImaginT 3.00 4.29 7.0 195 70 IEL 10.00 5.26 4.7 710 170 InterPac 3.75 3.13 —-■ 400 120 Intrchase — — 107 30 Jasco 5.00 2.86 10.8 225 175 Jennings 10.00 5.32 10.6 350 140 JonesDav 36.00 5.63 3.1 1800 620 JonesRbt 4.50 .3.21 11.0 300 115 Jonray 4.00 4.71 6.2 430 80 Kern 5.50 2.50 7.1 410 200 Kimberley — — — 260 150 Lrchhill 16.00 8.89 2.2 365 180 opt — — — 200 50 Leda —— — 45.9 112 45 Leighton — — 7.7 120 45

Closing quotes Buy Sell Sale 990 1010 1000 275 285 270 440 450 445 115 120 120 235 240 240 55 — 55 409 — 409 295 310 — — 180 180 430 440 435 275 280 280 1000 1010 1010 260 270 265 18 20 20 85 120 —— 398 400 400 — 100 — 225 240 225 — 275 270 370 420 — — 475 — 300 305 305 — 65 — 170 190 — 170 175 175 — 25 — 2 — — 1 — — 600 — 610 56 60 60 — 310 290 400 — 440 284 290 — 28 45 — 320 325 325 150 — — 30 — — 500 570 — 70 80 — — 45 40 — 68 — 18 20 20 14 15 — 315 —— 325 110 140 — 580 600 580 .155 — 155 85 90 85 462 465 462 49 50 50 — 210 210 180 180 48 50 47 370 380 380 370 380 380 141 145 145 215 230 215 88 90 88 65 70 70 — 60 —— — 55 — — 60 — 302 305 302 128 130 130 500 506 504 80 90 — 65 70 70 20 25 20 2 3 2 550 560 — — 145 140 205 210 210 160 162 160 360 370 360 180 185 180 440 450 450 130 135 130 12 15 12 140 — — 270 275 275 25 — 25 47 50 47 399 400 400 70 80 — — 60 — 160 162 160 185 188 188 700 790 780 . 30 32 30 : 590 600 600 185 185 221 225 220 90 92 95 600 630 620 30 40 — 185 195 190 75 80 75 80 85 — 51 55 55 —. 290 290 520 — 520 176 180 176 290 310 300 102 103 102 750 800 780 740 750 740 — 42 40 6 7 7 35 40 — 15 44 — 15 — — 4 — —— 495 500 498 100 110 — — 140 135 — —— —— 100 105 105 250 — 260 37 38 — 88 90 90 52 60 52 — 60 60 150 160 —— —25 — 25 60 65 60 165 170 165 210 — — 5 8 — 110 115 110 75 80 — 3 4 — 385 — 385 210 250 210 — 1300 — 115 117 116

Dividends Cents YId% P/E ratio Year’s high low LLease 45.00 4.50 12.7 1910 860 Linter 20.00 7.27 7.5 940 240 Mayne 18.50 4.16 10.2 690 340 McPher 6.25 5.21 10.3 320 91 Memtec 1.00 .42 5.9 650 230 Miniskips — — 10.7 260 50 Monier 11.00 2.69 24.3 420 220 NZFP 12.90 4.37 12.8 450 265 NZICorp 9.03 5.02 8.9 275 140 NatAust 24.75 5.69 6.5 640 380 NatCons 18.00 6.43 5.4 510 265 NewsCorp 7.00 .69 7.9 2510 850 OPSM 11.50 4.34 14.9 410 200 Oakbridge — —— — 85 20 Oceanic 6.00 6.00 25.0 315 100 PacDunlp 13.50 3.38 12.4 626 290 Parbury — — — 280 75 PetersSl 17.00 7.56 8.2 320 200 PioneerC 12.50 4.63 9.1 500 220 QBE 14.00 3.68 9.4 1420 330 Qintex 12.00 2.53 22.6 680 450 ReilCorp 3.00 .98 16.3 620 200 opt —• — — 155 70 Renouf —— — 21.1 280 150 Rheem 9.50 5.43 11.4 480 150 Rocadoln — — — 150 21 opt 12.50 — — — — rts 1- ■ ■ — ' — Rothmans 20.00 3.28 9.8 1420 520 Rothwells 24.00 — 1.1 385 50 SmithHwd 20.00 6.90 14.9 550 290 SthnFarm 10.00 2.27 9.4 900 400 Sunshine 12.00 4.14 8.1 310 220 TAGPac — — 7.4 110 23 TNT 15.00 4.62 8.1 704 250 Taylor 10.00 6.67 2.7 870 80 USMaster — — 64.0 94 4 Union 22.00 4.40 10.4 670 500 Unity 10.00 4.29 1.6 370 55 Vapocure — — —— 280 40 Vestcorp 4.50 6.62 3.0 165 60 Viking — —— 20.0 105 18 Walton — — — 52 14 Wattyl 10.50 3.23 12.0 536 300 WestCptl 2.00 1.43 14.5 450 285 WfieldHI 5.62 .97 23.7 7400 530 WfieldTr 16.32 .53 9.5 230 140 Westmex 5.00 5.88 7.5 300 60 Westpac 28.00 6.06 6.3 720 400 WfldCap 3.00 6.00 4.0 205 46 Woolworth — — — 400 200 Wormaid 20.00 1.11 6.7 440 175 AUR 2.00 4.17 6.6 180 45 ACMins — — 24.5 410 335 Aberfoyle 5.00 1.32 70.0 1600 300 Ashton — —- 30.9 500 130 AustDevl — — — 660 165 BHPGoId — — — 190 70 Bendigo — • — — 265 60 Bendigo — — — 295 60 opt — — — 235 45 B’digo op — — — 210 40 Bougainvl 12.48 4.13 17.1 580 235 CNGold 3.30 2.54 12.5 3100 110 CRA 15.00 2.98 20.3 1160 410 CarrBoyd 6.00 6.67 12.9 310 85 CityRes 8.00 1.43 — 305 50 opt —— — 250 20 ConsRes — — 10 2 ConsRtle 45.00 8.04 7.1 820 530 Dominion — — — 380 85 ERA 10.00 4.76 16.7 300 170 EldersRs 7.00 4.38 9.0 500 125 Emperor 22.00 6.11 7.2 1220 360 Forsayth 10.00 5.56 — 740 150 GMKalg 24.00 5.33 15.8 1250 380 GiantRes — —- 425 90 GiantRes — — 195 12 Hill50 — — 27.3 300 79 JasonMin — — — 610 83 J’iana — — —— 95 16 KiaOra 4.00 8.51 23.5 150 45 Kidston 28.00 7.00 8.3 1000 345 Kitchener —— ' — 165 50 KiwiGoId — — — 320 45 MIM 4.00 2.50 32.0 395 132 MetalsEx — — 10.6 230 80 Metana 20.00 2.56 21.7 1850 650 Moruya — — — 125 25 Niugini — — 25.0 1650 335 Noranda 16.87 9.12 5.6 514 140 NBH 9.00 4.07 16.7 490 173 NthKalg 1.99 2.16 14.0 225 75 NthFlndr 40.00 6.45 — 3100 580 Otter — — — 135 35 PancontM 2.50 1.32 14.2 470 170 Paragon — — — 165 60 rts — — — 92 62 opt — — — 135 35 Paringa 36.30 2.52 2.6 780 265 Peko 22.00 4.23 8.8 970 510 PlacrPac 3.00 1.70 24.8 495 150 Poseidon 10.00 3.33 20.0 1610 230 QldCoal 15.00 4.71 6.8 175 100 RGC 15.00 1.92 18.1 1690 650 SnsGwlia 45.00 6.08 10.0 1700 540 Spargos — — — 140 35 Ct —— — —— 52 5 • SthnPac — — — 140 20 Technomin — — — 70 20 • TitanRes — — — 85 12 rts — — —— 32 1 , WMC 10.00 2.01 38.6 1195 430 WalMin — — — 300 80 i WestSand 8.00 5.93 7.1 340 110 WhimCrk 8.00 2.76 — 750 290 i AOG — — 13.8 285 105 I Ampol — — 21.0 630 240 ■ Beach 1.50 3.95 14.1 95 35 1 Bridge — — — 196 70 ! opt — — — 150 40 I Claremont 3.50 5.83 20.0 160 58 ■ Crusader 2.50 1.56 27.6 350 130 > Cultus — — — 75 17 1 Expo 6.00 — 5.8 145 60 i Hartogen — — 19.2 510 140 ■ Magellan —. — 52.5 430 150 - Magnet — — —• 15 5 ) OilSch — — ■ 230 83 - PekoOil — — 40.0 190 80 - Petroz — — — 12 3 i Santos 18.00 4.68 10.4 780 380 ) Vamgas 6.00 2.86 20.0 400 200 - WeeksPet — — 55.6 1500 920 i Woodside — — — 280 105