YESTERDAY'S SALES.

New Zealand Herald, Volume LXVI, Issue 20303, 10 July 1929, Page 7

YESTERDAY'S SALES.

BUSINESS ON EXCHANGES.

RETURNS -ON INVESTMENTS

Following is a list of yesterday's transactions 011 New Zealand Stock Exchanges. In tho second column is given tho return, based on tlio last dividend, from investment at tlio quoted price. In tlio case of Government and other redeemable securities tho return includes redemption. The first column gives llm figures at which the sales were made:—

AUCKLAND EXCHANGE. Return on Sale Price. Investments. X h. (I. £ s. d. Coin. Hank of Ann. 1 'J (! 5 18 Nat. Dank of N.Z. 7 It 9 417 4 National Insurance . 010 4 411 10 Goldsbrough, Moil (2) 2 8 (I (1 5 0 Auckland Gas . . 14 (1 0 10 7 *N.Z. Drew., debs ,(2) I (1 45 7 118 Ditto, shares .. 317 (l I! 17 11 Ditto . . . . I! 17 3 :i 17 8 CHRISTCHURCH EXCHANGE.

Com. Bank of Ana. 1 0 0 . r > 1 8 Ditto . . . . 1 !) 8 5 1 '2 Com. Bank of Sydney 07 2 I 13 0 K., S. mid A. Hunk . . 8 '.) !) 4 8 4 Bank of N.S.W. . . 51 10 0 4 17 1 Ditto . . . . 51 11 0 4 17 0 Dalgety . . . . 15 :t (1 5 12 0 Goldsbrough, Mori 2 7 9 0 5 8 Kainpoi, 7s paid . . 0 4 7 411 8 "N.Z. Breweries, debs 10 9 7 9 0 Ditto, shares (7) . . It 17 .'1 317 8 Ditto .. ~ II 17 0 317 5 Beath, Is paid .. 0 9 5 Ditto (12) .. .. 0 9 0 Colonial Sugar (4) . 57 15 0 4 0 7 N.Z. Farmers' Co-op., 10s paid . . .. 0 2 0

Ditto, A pref. . . :i 9 0 019 0 Kempthorne-Prosser . .'i 14 9 5 7 0 C'hcli. City. *4-1. 4J . . 93 10 0 5 2 8 Sale was also made in Commercial Bank of Australia at £1 9a 7d. WELLINGTON EXCHANGE. War Ijoun, 1938, 41 . 100 0 0 4 10 0 Bank of New Zealand, D pref 1 8 3 5 0 2

Nat. Bank of N.Z. .7 3 9 4 17 4 Com. Bank of Aus. . 1 9 0 5 1 8 Ditto . . ..'l9o} 510 Nat. Bank of Aus.,

£5 paid . . . . 915 0 5 2 7 Goldsbrough, Mort .. 2 8 0 0 5 0 Christehurch • Gas .. 1 7 0 510 4 N.Z. Breweries . . 3 17 0 3 17 11 DUNEDIN EXCHANGE.

N.Z. Breweries .. 318 0 310 11 Ditto (3) . . . . 317 0 317 5 Electro. Zinc (2) .. 110 0 0 ):} 4 Ditto, pref. . . 117 0 0 9 9 MINING SALES. Auckland.—Ohinemuri, 8s 9d; Mount Lycll, 41h Od: Kuala Kampar Tinfields, Ms. Christehurch.—Winding Creek (Od paid), 2s 2d, 2s 3d, 2s -Id. 2s Od (2). 'Does not include redemption.

AUCKLAND COMPANIES

SIX NEW lIE CM ST 11A TlO NS. One of the largest public companies registered in Auckland this year. the Empire Tobacco Corporation, Limited, with an authorised capital of £250,000, was registered in Auckland yesterday. The new company, whose oflice is registered as in Auckland, has as its objects the planting, cultivation, curing and manufacturing of tobacco. The subscribers arc as follows: Joseph Solonian Emanuel, company, manager, William Valentine Worth, accountant, Hugh Ross' Mackenzie, farmer, and William Cliisholm Whitney, company manager,' 2500 shares each; Percy Douglas Jones, auctioneer, Herbert _ Lorraine Boughton, law clerk, and Marjorie Woodcock, tvpiste, 1 share each. Four private companies were also registered in Auckland yesterday. Details are as follows:

Air Survey and Transport Company, Limited, carriers of passengers, goods and mail by air. Capital, £3OOO, in £1 shares. Subscribers: Frank Douglas Mill. 2990 shares; Margaret Ann Mill and .Audrey Lina Mill. 1 share each. A. Birch, Limited, pork butchers and small goods merchants. Capital, £ISOO, in £1 shares. Subscribers: Archer Birch, 1000 shares; Mary Birch, 500 shares. Empire Bond Sales, Limited, sharebrokers, financial agents and company promoters. Capital, £IOOO, in £1 shares. Subscribers: G. Stewart Craig, Limited, 550 shares; Stanley William Wilford Tong, 270 shares; Thomas Mclndoo and John Arthur Holloway, 90 shares each. ' C. M. Walls, Limited, commercial photographers arid printers. Capital, £6OO, in £1 shares. Subscribers: Cyril Malcolm Walls, Sarah Elizabeth Walls and Dorothy Alexandra Walls, 200 shares each. IPerfecto Window Company, Limited, manufacturers and merchants of window fittings. Capital, £3OO, in £1 shares. Subscribers: .Arthur Edwin Forbes Thode, John James Day and Charles Murray Cruickshank, 100 i shares each.

DAIRY PRODUCE PRICES

LONDON MARKET VALUES. Dalgcty and Company, Limited, report having received the following cablegram from their London house, dated July 8: Messrs. Samuel Page and Son report: Cheese: New Zealand, while, 89s (o 90s; coloured, 925.

Joseph Nathan and Company, Limited, received the following cablegram from its London house, Trengrouso and Nathan, yesterday, regarding the New Zealand dairy prodneo market: —Butter, 171s to 1725; white cheese, 89s; coloured, 925. Both markets quiet.

CANTERBURY MARKETS.

POTATO PRICES TUSK.

[riY TELEGRAPH.—VRICSS ASSOCIATION.] C:l RISTCHURG'H, Tuesday.

Tho potato market has jurnpod sinco tho week-end. Reports then showed that £5 15s a ton was boing paid for "prompt" potatoes, an improvement of 7s 6d on the week before. To-day prompt delivery was sold at £6 2s 6d to £6 ss, or approximately an advance of 15s a ton in the spaco of a week. July delivery is now quoted at £6 12s 6d to £6 15s. Somo sales havo taken place at this prico for July-September, but thero is a general stand-off policy in regard to later months. All deliveries havo advanced in prico by 15s to 20s a ton during tho week.

The main factor is the increased volurno of inquiries from Aucklaml. Forward operations and consignments liavo kept 4.1)0 market supplied tliero without any nred for merchants to concern themselves, but apparently tli'S source of supply lias ceased, and northern buyors aro compelled to come on tho market with something of a rush. 'J'his afternoon £5 5s was being offered for Whites on trucks, this prico being exceeded in tho case of nearby stations. Tho Wnipiatu took 3800 sacks from Lytlclton on Saturday, in addition to 3700 from Timnru. The Wingatui is duo to leavo on Monday.

A factor in tho confident, position tho grower has taken up is that in some districts blighted potatoes aro heavy, and a fair amount of rejection has taken place. Both the milling and fowl wheat market are dull, and tho big return recorded is not likely to improve matters. Tho gross yield according to tho interim returns is 8,818,000 bushels. From 5s 8d to 5s 9d a bushel on trucks is quoted for milling, and 5s 7d to 5s 7Jd f.o.b. for fowl wheat.

CALL AND DIVIDEND LIST. Dividends— Duo. S»nford, Ltd., 8J p.c. (final) .. July 11 National Bank of New ZealandFinal dividend of 12 p.o. p.a. and bonus of 2 p.c July —, Waihi Grand Junction—ld per share July 18 Now Zealand Insuranco—lid per sharo (final) Aug. 6.

CalkLucky Shot—3d per share .« July 22, Alburnia—2d per share .. r.. July 31