STEADY UNDERTONE IN QUIET TRADING
The market undertone remained steady yesterday on New Zealand stock exchanges as falls just shaded rises in moderate turn-over. Trading ranged over a wide range of issues, and most prices were steady. Key stocks on balance lost ground, but secondline stocks received more attention. There were no spectacular price increases. Cable Price Downer gained 7d to 17s 7d and the B shares 6d to 13s 6d. Rises of 6d were also made by Prestige, at 10s 9d, Ashby Bergh, at 465, and Mannings, at 255. Lane, Walker, Rudkin, at 15s 6d in Wellington sales, and New Zealand Refrigerating deferred shares at 12s 3d, recovered 3d. General Foods and United Empire Box each rose Id. The biggest decline was by Berlei, 9d to 16s 6d on the Christchurch Stock Exchange. Charles Begg at 19s, Dominion Breweries at 17s and Firth Concrete Industries at 25s each lost 3d. Ballins Industries lost Id in ex dividend sales of Ils lid, Consolidated Plastics 8d to 24s 9d ex dividend and Winstone new shares Is to 42s 6d. J. Wattie, at 19s and New Zealand Farmers’ Fertiliser rights at 11s 3d each lost 2d.
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https://paperspast.natlib.govt.nz/newspapers/CHP19660720.2.210.1
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Press, Volume CVI, Issue 31116, 20 July 1966, Page 17
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194STEADY UNDERTONE IN QUIET TRADING Press, Volume CVI, Issue 31116, 20 July 1966, Page 17
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