NEW WORLD PICTURES <NWP> SELLS TAFT <TFB> STAKE New World Pictures Ltd said it sold 456,900 shares or about five pct of Taft Broadcasting Co common stock for a gain of 17.8 mln dlrs. The company said in a brief statement that it acquired the stock in late 1986. It gave no further details and company officials were not immediately available for comment. On Friday, Taft vice chairman Dudley S. Taft and Narragansett Capital Inc <NARR> offered to acquire Taft for 145 dlrs per share. Dudley Taft and his family have owned 12 pct of the company. An investment group leds by Robert M. Bass, one of the Bass brothers of Fort Worth, Texas, has been reported as owning about 25 pct of Taft stock, and <American Financial Corp> chairman Carl Lindner has been reported to own about 16 pct. Both Bass and Linder have acquired Taft shares in recent months.