MANY PRICE FALLS IN HEAVIER TRADING
There were many price falls as New Zealand stock exchanges ended trading for the week yesterday. Turn-overs were higher and the range of issues widened.
Leaders weakened, but the overseas section of the market was firmer and gave welcome support B.H.P. was again dearer, rising 9d to 57s 9d. A.C.I. gained Is to 265, 6d rises were chalked up by Colonial sugar and W. R. Carpenter, while E.Z. Industries added 3d to 19s 6d.
However, G. J. Coles, at 10s, and Woolworths at 11s, lost 3d each.
In the New Zealand list Associated British Cables, rose 2d to 20s—a new peak—and Farmers’ Trading, at Ils 3d, and U.E.B. 1968 notes, at 8s 9d, also gained 2d each. Canterbury Frozen Meat rose 3d on news of the new par issue, and Wellington Gas rose 5d to 9s Bd.
Among the falls B.N.Z. Finance, at 12s sd. Fletcher, at 15s Id, New Zealand Breweries, at 12s, and Rothman rights, at 10s, each were Id easier.
Bell Radio and Wilson and t Horton lost 6d each. ■ Falls of 2d were recorded by National Insurance, to 245, ■ and New Zealand Newspapers j to 295, and Woolworths N.Z. lost 2d to 10s 6d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19670408.2.200
Bibliographic details
Press, Volume CVI, Issue 31339, 8 April 1967, Page 18
Word Count
204MANY PRICE FALLS IN HEAVIER TRADING Press, Volume CVI, Issue 31339, 8 April 1967, Page 18
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.