DECLINE CONTINUED ON QUIET NEW ZEALAND MARKET
Trading was quieter as the decline continued on New Zealand share markets yesterday. The dosing quotes did not indicate an immediate reversal of the present trend. Although falls outnumbered rises by about two to one about half the stocks traded were steady. Most of the rises were again by retail building and allied, and pastoral industry stocks.
RISES
Business personal ) 5 Mr B. P. Lloyd has been . appointed manager for the j South British Insurance - Company. Ltd, at Christchurch. Before his appoint- , ment Mr Lloyd was manager - for the company at its Neli son branch. Kanieri gold The gold dredge Kanieri - worked 130,000 yards of spoil > in 219 hours in the half--1 month to January 15, for a r total return of 3790 z of bullion.
FALLS
Dailv volume
A total of 108.000 shares was sold on New Zealand stock exchanges yesterday, 13,250 fewer than on Tuesday. Industrial issues totalled 103,600 (Tuesday 1.12,550) and mining issues 4400 (Tuesday 8700). Some of the most actively (traded issues were:— Dom. Brew. .. 5,500 | Winstone .. 4,800 I Trans Holds . „ 4,200 Montana .4,000
New Zealand Price Var’n Beath .. 75 3 CFM nts . . 145 3 C A Odlin nts 120 9 Farrier .. ion 5 Mainline .. 84 2 McKenzies . . 97 2 Neil Holds .. 226 6 NZFF .. 1422 NZ Land 53 1 NZLL □2 2 Prop Sec .. 290 6 Scott Grp , . 100 2 SFM .. 275 15 SOF .. 415 15 Tasman 225 5 UEB "108 1 Waitaki new .. 190 2 Wwths NZ 82 2 , 1,
New Zealand Var’n c Price A B Consol 54 1 Alliance 107 2 Allied Fin 100 9 AGH 82 1 Atlas 105 Broadlands 104 1 CPD 143 V CFCA 135 2 C A Odlin 133 2 Chenery 120 2 Dalgety NZ 195 3 Dom Brew 130 3 FTC 140 9 Feltex • 185 5 Freightways new 130 2 J Webster 112 4 LWR 125 Montana 87 2 Mosgiel 130 16 NZ Forest 385 5 NZ Insurance 345 15 NZMC 110 2 NZ Steel 106 1 Rothmans 133 Sanford 112 3 Smiths Mart .. 170 5 Sth British 365 5 Trans Nel 130 2 Trans Vision .. 99 4 Wattie 132 2 Winstone 130 5 Wormaid 340 30 Zip 54 1 Republic 33 2 Overseas BHP 1070 30
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Bibliographic details
Press, Volume CXIV, Issue 33435, 17 January 1974, Page 18
Word Count
377DECLINE CONTINUED ON QUIET NEW ZEALAND MARKET Press, Volume CXIV, Issue 33435, 17 January 1974, Page 18
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