Oil Strike In Gidgealpa No 4 Well Australia
Delhi Santos reports oil strike in Gidgealpa No 4 in northeast South Australia. Drill stem test recovered 3200 ft of oil with gas and mud. oil about 21 API with high paraffin. Company tests permian sands as gas flow from No 4 interval 6983 to 7032 ft reached 6.67 million cu ft daily through a 3/8 in choke and 10.21 million cu ft through a 1/2 in choke. Also gas flow from Gidgeston No 1.
MENTIONED IN THIS ARTICLE
Sydney
Delhi-Santos
Gidgealpa No. 4
South Australia
Santos
Gidgeal, No. 4
Gidgeston No. 1
Australian wage rise tests economy says Bank review
The Bank of New South Wales in its Australian conditions review says the federal basic wage hike presents a notable challenge to economic stability. It aligns with Treasury views that monetary policy must curb inflation but warns now harder to address emerging judgments.
MENTIONED IN THIS ARTICLE
Australia
Bank of New South Wales
Treasury
Engasa Bank to Open New Lyneham Savings Branch
The Engasa scamshand Australian Bank will open a savings bank agency in Lyneham at Rollason's Pharmacy. Manager A. E. Brown of the Canberra Hobart Place branch announced hours from 9 a.m. to 5.30 p.m. Monday to Thursday, 9 a.m. to 5 p.m. Friday, and 9 a.m. to 11 a.m. Saturday.
MENTIONED IN THIS ARTICLE
Engasa Scamshand, Australian Bank
Lyneham
Canberra
Hobart Place
A. E. Brown
Rollason
Oil Strike Leaks Spur Sydney Shares Rally
News of the Gidgealpa No. 4 oil strike leaked just before close in Sydney. A total of 11,000 shares traded as the market firmed with Santos rising 2/8 and other oil stocks advancing. Industrial and mining sectors showed gains while the ordinary index edged up 0.46 points to 368.10.
MENTIONED IN THIS ARTICLE
Gidgealpa No. 4
South Australia
A.O.G
Interstate
Tooth Brewery
Share market notes from Adelaide to Brisbane trading
Adelaide stocks showed Santos up to 25 shillings intraday and closing at 24 shillings 10 pence while Melbourne shares varied but steadied. Major names like James Hardie, TV Corp, CSR, and Tooths Brewery moved selectively as oil and industrials fluctuated across markets in Brisbane and across regions.
MENTIONED IN THIS ARTICLE
Adelaide
Santos
Melbourne
Melbourne Exchange
James Hardie
TV Corp
AM Chem
APM
BHP
Bruck
Buckley
Dodds
Dunlop
Felments
ESAS
Gerrard
He Jones
J. Lysaght
Minster
Myer
Humes
Tooths
Albion
A. Cent
A.V. Fenn
Bho Nsw
Boral
Fibre
G. Gatch Ld
Herald Gi
HH Webb
Hilton
J. Waygood
Mayne N
Phillip Morris
Prestin
Lee
Ange
Bile Tarat TV
Briecoes
Cleekbeat
Colonial Gas
Crooks
Eureka
H Beech
Mannequin
Stoll
Windsor Ud
Victorian Insurance
Brisbane
A.O.G
Warrigabie No
Moonie
O'maine Perkins
CSR
Pairymead
Simmons
Hardie
Stoddarts
Goodwin Tancred Talcott
Can Bros
Gadsden
Ad Jore TV
New Fong
Dalian Ae
Dalian ae / yy i Kohler
Ieiy
Townson
Treloar
Kay Corp
Tui Bryant
Daly
Hans
Keremaih
Tele
Duntosse Macquarie
BES
Marchants
Ville
Carson
Ae Bete && Woolworths
E. ‘Anderson
Wyavard
Oh Mison
Ae i Motors
Mr. Lyell
Walker
Nets
Clarke
Fielder
Pioneer
Pers
Vie
Ponstord
Exoil
Inter Oil
I '¢ Byos
Aio Av Croan Eng
Statham Oil Invest
RM. Cone Santos
Ing
Skiy
Wwe
Bagshaw
Wool sales in Melbourne conclude with 13200 bales offered
Melbourne wool sale closes with about 13,200 bales submitted by brokers. Catalogues show a broad range of wools including good to superior lines and several Riverina clips. market steady to slightly lower with uneven prices as crossbreds find strong demand and Chinese and continental buyers show interest.
MENTIONED IN THIS ARTICLE
Melbourne
Touy
Riverina
Sippar
Continent
Fife
Base Metals London Market Prices Summary
London buyers and sellers quoted ranges for copper tin lead zinc and gold. Copper at 2s which may reflect buy and sell levels, tin around 1 235, lead 92, zinc 132 to 137, gold fine at about 12 11 14 per ounce.
MENTIONED IN THIS ARTICLE
London
Also Mentioned on This Page
Std
New
Northbourne Ave
Caleere A cIly
Offic
Gastiereigh St
Wollongong
Tonkin Plasto Hepworth & CO
Sydney Stock Exchange
Lend Lease House
Hunter Street
Am.p
Wollongera
Lake Credit Co. Pty. Ltd
F.C
Canberra Credits Pty. Ltd
Garema Place
City
F.s&a. Bank
FOS & AO
Delhi- Santos
Blue Metal Industries, Ltd
Colonial Sugar Refineries
Blue Metal
C.S.R
Associated Pulp
Drug Houses of
Victorian
EZ. Ind
Farley L. Fett and
C'maine Millie
Tooheys
Lithgow
Equity Uta & Gen
Carmbridge
Cres
Zealand
Jerald
AG. Campbell
AG. Sims
A. Lawrence
Astor
Berina
Main
Nsw
CH. Deguverdi
Mitch
Simalen
Wallace
Bellambi
Jayward
Koilukeini
Union
D. Jones
Nts
Koloten
Whittle
Wy Lanray
Thies Tennyson
Queensland
D. Coop
Lake C
Gen. Davison
Il Lazarus
Derrins
R News
Mak UT Wales
Do New
Matt
Penfolds
Duncans Cn
Mascot
Allied Invest Mauri Bros WC. Stevens
Appleton
Byth Elect
McDonald
Smith
Pulp
M. Simmons Witield
Astor HM
Emu Gravel
Canon
Re Nls
Ind
Farrymead
Music House
Ferni
Onal Falmer
Fernis
Issi
Newbold
Wormald
Carp
W.T. Cog
Ball
G Lewk
Gibson
Bonds
Fl Paymer
Warner
Harris H
Jj Penfolds
Hill
Bradley
Jones
Perm
Wright
Wright Aod 5) Ue i Briscoe
H. Pford
Alliance A Broons
Humes Petricn
Ampol
Ise
Horns
Philp Hunt Bros. i
Assoc
Freney
Huntons
Hydro M. Beach
Rootes
Kalgoorlie
Muna Inter Fool
Longreach i
Uran
National Mutual
MI. N. S. Thomas
MI. A. Burt
L. F. Davey
MI. G. C
Newcombe
Ainslie Ave
Canberra City
A.C.T
Life Assurance
TSS
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