STOCKS MOVE - Stocks of two RV manufacturers are now being traded on the New York Stock Exchange.
Monaco Coach Corp., based in Coburg, Ore., and National RV Holdings, based in Perris, Calif., previously had traded on the NASDAQ network.
Monaco stock began trading on the New York Stock Exchange Dec. 29 under the symbol MNC. It previously had traded under the symbol MCCO.
Approximately 33,000 Monaco shares were traded Dec. 28, its last day on the old exchange. It closed that day at $24.94, which was a six-month high. On Dec 29, 31,500 shares changed hands. Last Monday, Jan. 4, Monaco stock reached a six-month high, $26.88.
The move gives Monaco better visibility, said company spokesman Mike Duncan: 'For some reason, more attention is paid to the New York Stock Exchange.'
Monaco, which has factories in Indiana, builds RVs and towables.
National RV Holdings had traded on the NASDAQ network under the symbol NRVH. Its new symbol is NVH.
National RV Holdings stock closed Dec. 28, its last day on the old exchange, at $23.13. It closed its first day on the New York Stock Exchange up nearly two points, at 25. By last Tuesday, Jan. 5, it had dropped to $22.63.
CHAIRMAN IS NAMED - Jeff Pastore, vice president of Hartville RV Center Inc., in Hartville, Ohio, will chair the 1999 Recreational Vehicle Dealers Association annual convention in Las Vegas.
The convention is scheduled for Sept. 27-30. Pastore, a co-owner of Hartville RV Center, has sold RVs for 28 years.
'B' SALES SLIP - Coachmen Automotive, a division of Coachmen Industries Inc., is marketing Class B motor homes aggressively, said Don Holland, a regional sales manager.
Industry sales of Class B motor homes, which are full-sized conversion vans fitted with camping gear, are slipping, but not nearly as fast as sales of other conversion vehicles.
Coachmen Automotive builds Class B motor homes on Ford, Chevrolet, GMC and Dodge chassis.
It is the only manufacturer to use all four, Holland said.
Typical customers include older RVers who have tired of large vehicles and young couples just getting into RV camping, he said. The camp-er vans are sold at new car dealerships as well as RV dealerships, Holland said.