PRICES WEAKER IN MELBOURNE
Partial Recovery Not Sustained (N.Z. Prtss Association—Copyright) MELBOURNE, November 4. Weaker prices ruled for most shares on the Stock Exchange of Melbourne, this week, the partial recovery of the previous week not being sustained, the stock exchange reports. Market leaders were variable, some making limited gains. Highlight of the week in company news was the announcement of a one-for-two bonus by the Myer Emporium. I Other features included gains of £12.0000 in profits by Electronic Industries, of 21 per cent, in earnings by Clyde Industries. !of 15 per cent, in sales by National Consolidated. i Compared with values ruling a week ago. most leading stocks finished the week a few pence down. | Turnover in all sections of the market was below last week's level, and falls outnumbered rises 2} to 1.
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Press, Volume XCIX, Issue 29354, 5 November 1960, Page 7
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135PRICES WEAKER IN MELBOURNE Press, Volume XCIX, Issue 29354, 5 November 1960, Page 7
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