BUSINESS ON EXCHANGES.

New Zealand Herald, Volume LXVI, Issue 20235, 20 April 1929, Page 11

BUSINESS ON EXCHANGES.

THE WEEK'S TRANSACTIONS.

COMPARISON OF RETURNS. Following is a summary of transactions on New Zealand Stock Exchanges since Friday of last week. In the second column is given the return, based on the last dividend, frony investment at tho quoted price. In tho case of Government and other redeemable securities the return includes redemption. Tho first column gives the figures at which tho latest sales wore made during tho week Latest Sale. Return. £ b. d, £ b. d. BANKS.

dalgety and company. INTERIM DIVIDEND DECLARED. The Auckland oflico of Dalgety and Company, Limited, yesterday received advice train the New Zealand superintendent of the company that the board of directors has declared an interim dividend of 7s a share, being at the rate of 14 per cent, per annum, payable on May 17. FROZEN MEAT MARKET. QUOTATIONS FROM LONDON. Dalgetv and Company, Limited, report having received the following cablegram regarding the frozen moat inaikct from their London house, dated April 18: Now Zealand Lamb. —Prime Canterbury, 281b to 361b North Island 9|d; Canterbury, 361b to 421b, 9d, North Island Bj|d; Canterbury, second quality, North Island 9£d; Canterbury 421b to 501b, Bjjd, North Island BAd. The market is firmer and the demand is better.

Now Zealand Mutton.—Prime Canterbury, 481b to 561b, 7£d, North Island 6|d; Canterbury, 5611) to 641b, 6jj(d. North Island 6^cf: Canterbury, 641b to 721b, sj}d, North Island, Canterbury ewes, 641b to 721b, sjjd, North Island s£d ; Canterbury owes, 461b to 641b, 4jjd, North Island, 4|d. The market is tirmcr and the demand continues.

Australian Lamb. —Good average quality, 2811) to 361b, Bgd; fair average quality, 281b to 361b, Bd. The market is firmer and the demand is moderate. 1 ' Australian Mutton.—Good average quality, 401b to 601 hj, sd; ewes, 4gd. The market is firm and the demand is fair. Beef. —Argentine chilled hinds 7j{d, fores 43d.

Pork.—English pork, 801b to 1001b, lid; New Zealand porkers, 1001b to 1201b, 801b to lOOlh 9id.

MELBOURNE PRODUCE. MELBOURNE, April 19. The, following aro today's quotations on-tliei Melbourne produce market:— Wheat.—4s tUd to 4s 9d. Flour. —£11 to £ll ss. 15 ran.—£7. Pollard. —£6 10s. Oats,—3s 3d. Barley.—English, 4s to 4s 3d. Maize.—ss. CHICAGO WHEAT MARKET. Australian and X.Z. Press Association. CHICAGO, April 18. Wheat.—May, 1 dollar 17# cents per bushel ■ .Inly, 1 dollar 21 cents; September, 1 dollar 24 cents. TARANAKI OILFIELDS. (Received April 19, 8.35 p.m.) MELBOURNE, April 19. A meeting of shareholders in Tnranaki Oilfields, Ltd., agreed to-day to place tho company in voluntary liquidation with a view to its reconstruction. SOUTHERN EXCHANGES. IS [ny TELEGRAPH. —PRESS ASSOCIATION.] WELLINGTON. Friday. The following Stock Exchange sales took place to-day:—s£ per cent. Stock (1936), £lOl 10s (two parcels); 4£ per cent. Stock (1939), £IOO 2s 6d j 41 per cent. Stock (1938), £100; Union llank, £ls 10s; New Zealand Refrigerating (20s paid), 15s 4d; English, Scottish and Australian Bank, £8 17s; Bank of New Zealand, . 62g. 3d; Westport Stockton (ordinary), 3s 2d; Colonial Sugar, £59 15s (throo parcels); Mount Lyell, 43s 9d. ' ' GIIRIBTCIIURCH, Fridcy. Tho following sales took placo -on the Stock Exchange . to-day Commercial Bank of Australia, 30s Id (two parcels), 30s 2d (two parcels); Gotdsbrougn, Mort, 53s 9(1 (two parcels), 53s lOd; New Zealand Breweries, 62s 6d (thrco parcels); Colonial Sugar, £59 10s (two parcels); Mount Lyell, 44s 3d (four parcels); Victoria Nyanza Sugar, 445; Winding Creek (6d paid), 9d, 8d; National Insurance, 16s sd; United Building Society, 15s 9d; New Zealand Drug Company, 745.

Aua. of Commerce .. 1 1G 0 4 8 14 11 Australasia ... 14 16 G 4 5 Com. of Australia . . 1 9 9 5 0 10 Ditto (pref.) 7 9 0 5 7 4 Com. of Sydney 27 15 0 4 10 1 Eng., Scot, and Aits. Nat. of Australasia . 8 17 0 4 4 9 19 12 0 5 1 11 Ditto (con.) 9 12 0 5 3 9 National of N.Z. 7 1 9 4 18 9 New South Wales . . 51 5 0 4 17 G New Zealand . . _ 3 2 0 4 12 G Union of Australia ... 15 10 G 4 16 7 INSURANCE. National .. 0 16 5 4 11 7 New .Zealand . . 2 6 9 3 18 5 Queensland ;i 7, 9 3 13 9 South British a 6 0 '3 13 3 LOAN AND AGENCY. "Goklsbrough, Morfc , N.Z. Guarantee .. 2 13 9 5 It 8 0 8 10 7 10 11 N.Z. & River Plato . 1 13 0 5 9 1 COAL. Pukemiro .. 3 5 0 10 15 5 Renown Taiipiri . 0 J7 3 — 11 1 6 0 7 10 West, port 112 G G 18 6 Westport-Stockton 0 3 0 — GAS. Auckland 1 4 3 G 11 11 Ditto (con.) 0 18 3 G 11 0 SHIPPING. Huddart-Parker 2 5 0 4: 8 11 Northern (con.) 0 7 1 7 18 1 TIMBER. Kauri 0 17 8 4 4 11 WOOLLEN. "Wellington 7 5 0 G 18 0 BREWERIES. New Zealand . , 3 2 75' 4 15 9 Staples 2 5 G 5 9 11 MISCELLANEOUS. Aus. Iron and Steel 1 1 3 (pref.) —. British Tobacco . . 2 7 9 4 12 2 Colonial Sugar CO 2 (5 4 3 2 Dominion Rubber 1 12 6 — DunlOp Rubber 1 8 9 5 T <1 Electro. Zinc 1 15 3 G Hi •i Gear Meat '■. . . 2 3 0 5 1 .8 Hayward's Pictures . . 1 0 0 8 15 7 Henry Jones Co-op. . 1 10 0 5 11 1 Milne and Choyco 0 G 3 (deb. stock) 1 0 1 N.Z Farm. Fpvt. 1 1 9 5 10 4 9 N.Z. Paper Mills N.Z. Refrig. 0 18 G G 9 0 15 0 G 9 0 Ditto (con.) 0 7 3 9 G 17 11 Sanford, Ltd. Ditto (pref.) 0 18 7 9 4 1 0 3 1> 18 4 Shnrland and Co. Taranaki Oil 1 2 3 G 5 10 0 5 3 — 11 Wilsons Cement 2 1 3 4 1G N.Z. GOVERNMENT loans. War Loan, 1930, 5i . . 99 10 0 5 15 0 Ditto. 1932. fij . . 99 10 0 5 8 9 Inner. Stk., 1933. 5i . 101 5 0 5 2 11 Ditto, 1927-41, 5J .. 99 10 0 5 10 10 Ditto. 1938. 4} 100 0 0 4 10 0 Ditto, 1930, 55 . . 101 10 G 5 4 91 DEBENTURES. Ak. Har. Bd.. 193!). 51 99 2 6 5 7 3 Franklin Power Bd., 11 19(>1, 5] 102 10 0 , 5 7 tN.Z. Breweries . . 1 G 5 7 11 5 * Free of income tax. 1 Does not include redemption.