MARKET REPORT:Taking Stock:

Tuesday 08 July 1997 23:02 BST

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Alliance Resources, a company with an erratic record, has attracted glowing comments from stockbroker Williams de Broe.

Its share price target is 50p; they are now 31.5p. Alliance, a US oil and gas business, has been reshaped and achieved new backers, including Bank of America. Its assets are put at 77p.

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