N.Z. MARKET LACKS BUYERS
The New Zealand sharemarket opened the week on a quiet note in mixed trading .vestal day. Share prices appeared to be a shade stronger in comparison with last week, but the number of issues traded was almost equal to a morning call which indicated a lack of buyers. Command Services Corporation rose 2c to 115 c on its profit announcement and dividend increase, and C'eramco firmed 3c to 183 c for similar reasons. Wines and insurers were easier as profit-taking from the higher Budget prices continued.
NATIONAL SALES
AHarvey, 200/232, 3500/230;! Alliance, 7700/65 and conv pf,] 6500/58; AFCoop, 200/245; Anßeaven, 24,800/125 and nts, 500/112; AYates conv deb, 200/ 310; ABCal, 400/215; Atlas, 1300/ 55: Baillie, 1000/62; BaUins, 300/ 79; BingH, 3000/86, 11,000/85; BNZFin, 100/156: Brily, 500/225; Broadlds, 1300/55 and con pl, 2900/45, 700/47: BHP, 600/1150; CPD, 1600/140 and con pf, 300/ 118; CFM, 1000/170; Cap Life, 1600/60; Capßad, 3600/270; CariHoit, 1100/222; Ceramco, 8300/163; Clyde. 300/32; ColyWat, 600/144; Command, 1100/115; Cookwine, 400/200; Crown, 900/ 207; Cyclone, 2600/110; DalgetyNZ, 300/200; D and K, 400/49; DMcLWaI. 300/138; Domßrew, 400/96, 500/97, 7000/89; Donßeid, 100/245; FTC. 2800/88, 2400/89, 3800/90 and conv pf, 600/62 , 500/63; Farrier, 300/62; Feltex, 109,900/98, 1000/99; Fietcbei’, 28,900/232 and conv pf. 400/110; Frtways, 3900/100 and conv pf, 5600/61, 500/60; Gear, 5200/125; Gen Fin, 1000/132; GBCera, 1800/46, 500/47; Goodman, 400/217; Hauraki, 200/210, 30,000/205; HBFarm, 900/190; H and P. 200/190; HBerry (600/142); IndepNews, 200/130; IWDow, 200/ 125; JamesAv, 700/200; JSmith, 9300/94; JEdmond, 1000/165; JRattray, 500/190; LWR, 3500/71; LDNathan, 1800/190; Lion, 6200/ 76, 10 p.c. conv pf, 800/70 and 12 p.c. conv pf, 500/69: MeKenzie, 3600/110; Montana, 600/129, 2400/ 127; MPI, 500/150;. Mosgiel, 3000/ 125; Mot Holds, 2200/62; MSI, 6400/115 and conv pf, 200/110; MtCook, 1800/172, 100/174; Natlns, 200/195; Nay Love. 2000/ 130; Neil, 1000/41, 300/42; NZCement, 900/98; NZFarmCp, 2300/95; NZFarmF. 200/170; NZFP. 2200/227, 800/225; NZIG, 1400/300; NZI, 12,800/228. 1200/ 227 and conv pf, 100/130; NZNews, 300/170: NZRefin, 1000/ 78, 1200/79; NZSteel. 2200/176, 200/177; Niven, 300/106; Odljn, 3500/63 and 13 p.c. pf, 5000/51;
Optic conv pf, 500/62; Fhillmp, 20,000/105; PrintPaC con pf. 100/ 18u; ProgEnt, 600/390; Prop Sec, 3300/195; Rex Cons, 100/228; Rothmans, 2000/103; Sanford conv pf, 1300/220; Smithßrn, 1500/130. 200/135; Smithßio, 300/185: SmithMkt, 300/132; SBI. 2100/ 280, 1100/282; Speeding, 2200/75; Steel Tube, 1500/104; Tasman 900/180; TJEdmonds special, 10,000/418; Tolley, 1000/80; TNL, 1500/83, 10 p.c. conv pf, 300/63 and 12 p.c. conv pf, 1200/67; . Tvlsn, 5000/155; UDC, 1000/135; UEB. 100/91, 1200/90 and conv pf, 4700/72; UnltPub, 1000/150; WaitakiNZ. 3800/142, conv deb, 100/130 and conv pf, 400/123; , Wattle, 1600/91, 26,300/92; Winstone, 400/81 and conv pf, 4100/ 61. L and M, 1700/22.
$2OOO LWR deb, 10.75 p.c., 19/10/80 (14.5 p.c. yld); $2OOO NZGS. 6.0 p.c.. 15/6/91 <13.0 p.c.' yld); $5OO Kapiti 8.C., 9.25 p.c., 1/9/81 (14.7 p.c. yld); $lOOO BNZ Fin, 12.5 p.c., 7/2/80 (14.5 p.c. yld); $70,000 Akld Hosp Bd, 13.5 p.c., 1/5/85 (13.65 p.c. yld).
RISES
FALLS
New Zealand Price Var’n c c Ballins 79 1 Cap Life 60 5 Ceramco 183 3 Colyer W 144 4 Command 115 •> Crown 207 4 Dom Brew 98 2 FTC 90 Freightways pf . 61 1 NZ Forest 2 Odlins 13% pf . 51 1 Optical pf 62 2 UPP 150 8 Wattie .. 92 1 —pf .. 61 1 Overseas BHP 1150 50
New Zealand Price Var’n c c A Harvey 230 p Atlas 55 1 Bing H 85 1 Brierlev 225 5 Broadlands pf 45 2 CPD 140 1 ‘ —10% pf 118 1 Carter Holt 222 1 ’ Cooks Wine 200 3 Daigety NZ 200 1 FTC pf 62 1 Fletcher pf 110 3 " Freightways 100 1 Hauraki 205 5 H Pollard 190 5 ' J Smith 94 1 Montana 127 *> * MSI Corp 115 Mt Cook 172 ■ y - ■ Neil Holds 41 > , * NZ Ins 228 2 NZ Refining 79 1 NZ Steel 174 4 Rothmans 103 I . Sth British 280 2 Tasman” 180 T Winstone 81 [ —Pf 61 I. L and M 22 1 , * ex dividend
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Bibliographic details
Press, 3 July 1979, Page 22
Word Count
647N.Z. MARKET LACKS BUYERS Press, 3 July 1979, Page 22
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