QUIET N.Z. MARKET EASES
New Zealand stock exchanges began the week on a quiet note in easy trading. Radio Avon rose 5c on its latest profit improvement despite a cut in the dividend. Insurers continued to be easier in the wake of the Southland and Otago floods.
RISES New Zealand Price Var’n c c Baillie 44 2 Challenge 195 ■’ E Lichtenstein . . 165 J Watson pf ,. 160 K Prosser 335 □ pf 305 5 Mainzeal 115 5 Montana 93 1 Mtr Holds 46 1 MSI Corp 109 1 Mtr Traders 78 9 NZFF 170 5 XZ Forest pf .. AO 1 XZLL s * 9 P Impey 102 9 Radio Avon 230 5 Spedding 78 9 Steel Tube 96 1 TNL Grp 82 •7 UPP 130 3 Waitaki-NZR debs 130 2 WWNZ 68 L and M Oil 56 11 FALLS New Zealand Price Var’n Ajax* 185 2 Alex Harvey 260 3 And Beaven 134 1 Ballins 74 4 Broadlands 64 1 CPD 140 6 CFCA 175 Can Timber 116 1 Carter Holt 230 5 Ceramco 183 9 Chenery 100 5 Colyer W 126 2 Con Metal 122 8 Cooks Wine 140 2 Crown pf 157 1
Dalgety NZ .. 205 2 Dalhoff K 48 3 DIC 140 5 Doni Brew 92 4 11 p.c. pf 57 2 Donaghys 265 5 Dunlop NZ 206 2 Ebos 73 5 E'i restone 123 3 Fletcher 210 1 Haywrights 70 4 H Berry 240 3 J. E. Watson 195 10 J Nathan 125 7 l Lion Brew 78 3 | 10 p.c. pf 69 9 12 p.c. pf 70 1 ; Midland 118 7 'Neil Holds 6) 3 NZ Cement 115 7 NZ Farm Cp 76 4 NZ Ins 242 1 NZ News 196 1 i NZ Refining 81 4 NZ Steel 180 Odlins 63 3 Print Pack 148 7 Progressive 300 15 Pye Elect 90 7 Radio Otago 260 io 1 Regina 100 R W Hellaby 190 5 Rex Cons 220 5 Rothmans 87 3 S Brown 105 ,) Sth British 292 18 Spedding pf 92 4 Trans Holds 125 3 Transvision 123 7 UEB 12 p.c. pf 73 1 Waitaki-NZR 142 9 Pf 125 3 Wattie 96 2 pf 61 4 Winstone Overseas 86 3 BNSW 875 55 BH.P * ex dividend 980 50
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Press, 25 October 1978, Page 24
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373QUIET N.Z. MARKET EASES Press, 25 October 1978, Page 24
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