Market rally loses edge

Press, 14 August 1980, Page 18

Market rally loses edge

Rises outnumbered falls, but the rally on the New Zealand sharemm-ket I°st its edge yesterdav in mixed, moderate trading. Market leaders were easier, includi g . • t 10 ducts, Feltex, and South British, all down 3c. Henderson and Pollard gamed 1-c ex diwdend, ex bonus, to 300 c on an optimistic annual meeting, and other timber-related companies v re imei, including Odlins and Carter Holt. Canterbury Frozen M eat continued to rise, as did Christchurch Gas.

NATIONAL SALES

A Harvey, 2300/230, 1600/232; Alliance, 5200/58 . and con pf, 400/50; Allflex, 200/111; AMBisley, 200/205; Anßeaven, 1100/ 110, nts, 100/100 and conv pf, 300/92; aNZ Bank, 2400/223, 200/ 222; AEllis, 500/50; AYates rts, 2000/55, 6500/53; Atlas 11,400/36, 1500/37, 700/35 and 10 pc pf, 1000/30; Autocrat, 300/180; Balllie, 1100/60; Ballins, 1000/70, 100/71. 2200/69 and con pf, 1400/ 65; BingH, 1000/70; Brlly, 4700/ 348, 400/352, 6000/350, 400/354, (10,300/355); BOS, 2000/52; BHP, (100/1980), 36/1970, 1275/1950, 100/2000, 700/1990; Bunting, 1000/ 80, 100/83; Burkes, 30,000/160; CPD, 3200/188 and conv pf, 300/ 170; CFM, 2000/225 and con pf, 100/145; Can Tim, 700/310 and con deb, 200/280; Capßad, 3000/ 150; Cart Holt, 350/465: Ceramco, 1700/206, 300/205 and con pf, 100/102; Challenge, 14,300/280, 1400/282; Chenerj’, 1500/155; Ch Gas, 1000/190; Clyde, 2100/100 and conv pf, 400/i)0; CSR, 100/ 1000; ColyWat, 200/110; CookWine, 1400/164, 200/165; CoryWS, 2000/115: Crown, 900/196; Cyclone, 900/225; Dalgety NZ, 100/ 225; D and K, 1200/52; DIC, 400/ 152, 100/150; DMcLWaI, 600/107; Domßrew. 5600/73, 5100/74; and conv pf, 300/47; DRGNZ, 400/92; Dunlop NZ, 300/370; ELichten, 900/185; Endeavour, 300/130; FTC. 2100/102 and conv pf, 600/ 75; Feltex, 1900/126, (1500/128), 8500/125; F and P, 5900/196 and special, 19,000/193: Fletcher, 3800/375, 800/372, 1300/373; Frtways, 200/145; GP Trust, 50,000/ 188; GBCem, 26,700/51; Goodman, 600/255 and conv pf, (4400/ 195); Grovnr, 1000/52- HB, 200/ 245; Hawkins, 2400/55; Healing, 3100/280; H and P, 900/295. 900/ 300; H Berry, 2300/155; ICINZ, 200/173; Ind Chem, 200/170; IW Dow, 1200/222, 1500/225, 700/220: James Av. 400/300; J Burns, 600/ 180; LWR, 5900/120, 4300/119, 200/122 and conv pf, 400/100: LD Nathan, 800/180, rts, 50,080/ 15, 93/12, 200/13, 57,200/14; Lion, 4100/87, 10 pc conv pf, 200/81 and 12 pc conv pf, 100/71; Lus-

terold, 500/415: Malnzeal, 9000/ 90; Marac, 1300/260; Midland conv pf, 100/130; M O’Brien, 500/80; Montana, 800/152, 1300/ 155; Mosgiei, 14,000/2, 18,700/3; Mot Holds, 13,200/125; MSI, 2500/ 167; MotTrad, 5800/65; Mt. Cook, 1009/155; Nat Ins, 1200/222, 1900/ 225; Neil, 4100/28; NZ Cement, 2000/105; NZ Farm Cp, 1800/95; NZ Farm F. 2500/175 and 12 pc con pf, 1600/136; NZFP, 6100/ 359, 6900/360; NZI, 3900/325, 500/ 330; NZLand, 1900/20; NZLL, 3800/62; NZMC, 1500/144; NZ Refin, 5300/95; NZ Steel, 2000/ 197, 2800/198; Nuhaka, 100/135: Odlin, 1700/78, 17,700/79, 13,000/ 80, 12.5 pc conv pf, 800/54 and 13 pc conv pf, 1000/63; Optic, 1200/52; PDL, 4700/120; Permlnv, 600/80; Phillmp, 500/123; Prestige, 1300/92, 800/95; ProgEnt 1000/395; Reid Farm, 200/250; Regina, 2700/95; RHellaby, 100/ 185; RepcoNZ, 300/85 and con deb, 600/92; Revertex, 1600/290; Rex Cons, 800/245; Rothmans, 1800/117; RW Saunders, 500/310; Schofield, 600/140; Scott. 200/62, 600/60; Skellerup, 700/305; Smith Bio, 1000/170; Smith Mkt, 13,700/ 130; SBI. (1000/303), 11,800/300; SFM, 3300/226, 1100/225; Spedding conv pf, 300/68: Steel Tube. 4400/104; Tasman, 4700/290, 300/ 292; TJ Edmond rts. 200/60; Tolley. (600/110), 2300/107; Trans Ash, 200/47; TNL, 4500/81, 10 pc conv pf, 100/61 and 12 pc conv pf, 200/63; TptNC, 100/100 and 15 pc conv pf, 400/85; Tvisn, 11,100/200; UEB. 20,100/101. 12 pc conv pf, 500/85 and 15 pc conv pf, 1100/55: Unit Pub, 700/ 190; Vacatn, 800/58; Waltaki NZ, 17,100/182, 5900/181 and conv pf. 800/142; Wattie, 5400/117 and conv pf. 1700/72: Welgas. 200/ 475: WHortn. 200/363; WNeill, 1900/290; Winstone, 18,300/80, 2600/79 and conv pf, 20,500/57; WWNZProp pf, 300/72; Wormaid, 100/280.

ConSilvr, 5000/12, 7000/11: L and M, 1600/25, 300/27; Minßes NZ, 1300/78; NZPet, 600/160; SCMin, 9700/27.

RISES

FALLS

Daily volume •

A total of 728,534 share? was traded on New Zealand stock exchanges yesterday, including 19,000 special sales. The total was 134,621 more than on Tuesday.

Industrial shares totalled 703,334 (564,213 on Tuesday), and 25,200 mining and oil shares were traded (29,700 on Tuesday). ;

A total of 164 issues was traded.

New Zealand Price Var n c c A Harvey 230 5 Alliance 58 1 CFM 225 3 Can Timber deb 280 5 Carter Holt 465 3 Ch Gas • • 190 5 Cooks Wine • A 164 2 Cory-WS !• A.' 115 3 D Wallace ■- .. 107 2 Dunlop NZ A A 370 5 Fisher P 196 1 Grosvenor . A 52 2 H Pollard*t - 300 12 J Bums . A. 180 5 Lusteroid*t •A A. 415 83 Marac . *A A 260 5 Montana '• 155 5 Mosgiel :• • 3 1 MSI Corp 107 1 Nat Ins •a a 225 3 NZ Cement ■a a< 105 2 NZFF a A. 175 3 NZMC* 144 1 Odlins • *- 79 1 Perm Invest a a. SO 5 R W Hellaby • A. 185 5 Schofield • A 140 5 S Biolab A A. 170 2 Steel Tube •A A 104 1 TNL Grp tA A 81 r Utd Pub ZA‘A. 190 5 W Horton (A •• 363 3 Con Silver • A 11 1

New Zealand Price Var’n c c Allflex .. Hl 1 And Beaven pf 92 1

A Ellis .. 50 5 A Yates its .. 53 7 Baillie .. 60 3 Ballins .. 69 1 Brierley .. 350 5 BOS ..,. 52 2 Dalhoff K .. 52 2 Dom Brew ... 74 1 11 pc pf ... 47 1 Endeavour .... 130 2 Feltex ... 125 3 ICI NZ .. 178 2 NZ Forest .. 360 3 NZLL 62 3 Prestige .. 92 3 Rex Cons .. 245 5 Scott Grp ... 60 2 Sth British ... 300 3 Spedding pf ... 68 2 Tolley ... 107 3 Vacation ... 58 2 L and M ... 25 ! 3 Sth Minerals .. 27 3 Overseas BHP .. 1950 25 * ex dividend t ex bonus