YESTERDAY'S SALES.

New Zealand Herald, Volume LXVI, Issue 20304, 11 July 1929, Page 7

YESTERDAY'S SALES.

BUSINESS ON EXCHANGES. RETURNS ON INVESTMENTS. Following is a list of yesterday's transactions on New Zealand Stock Exchanges. In tho second column is given (ho return, based on tho last dividend, from investment. at tho quoted price. In the case of Government and other redeemable securities the return includes redemption. Tho first column gives tho figures at which the sales wero mado:—

AUCKLAND EXCHANGE. Hctuni on Snlc Price. Investments, i' h. (1. X' r. <l, N'.Z. Breweries (debs.) ! G 0 7 10 11 HI;. New South Wales (Melb. rear.) . . 51 12 (! 4 Hi 10 Auckland (Jus . . 1 4 (i G 10 7 Ditto (con., 2) II 1H 5 (i 10 ■! Ditto . . . . (J 18 I! C, 0 0 'Piinaru Brew. (5n pd.) 0 8 G 5 17 8 N.Z. Knrmeis' Fort. 1 3 0 010 2 Robinson lee Cream 1 It 6 810 3 Taraniiki Oil 0 If 0 CHRISTCHURCH EXCHANGE.

Ins Si 1;., *139, 4! . . 10(1 fl (I 4 10 0 Nat. HI;. A list mln sin . 10 11 0 5 1 (i Hk. New South Wales

(Melb. recrr.) . . 51 12 0 4 lii 10 N.Z. Breweries (2) . . 318 0 .'i 16 11 Auckland Gas . . 14 7 il 10 2 British Tobncco .. 2 8 5 410 11 Colonial Sugar . . 58 0 0 4 6 2 Vic. Nyanza Susnr . 2 (i 3 6 0 9 WELLINGTON EXCHANGE. Hit. New Zealand I! 1 G 4 13 3 British Tobacco . . 2 8 P> 410 9 Wrloii. Meat Export (pref.) . . . 110 7 12 4

DUNEDIN EXCHANGE. N.Z. Breweries (debs.) 1 G 0 7 0 6 Weslport Coal . . 112 !) Gl7 5 MINING SALES. Auckland.—Mount Lyell, 41s 10Jd. Christcliurch.—Windins Creek (Is pd.), 2s Gd (three), 2s 7cl, 2s Bd, ENGLISH DAIRY VALUES. MARKETS REMAIN QUIET. Norden and Company, Limited, liavo received tho following cablegram concerning (he dairy produce market from their principals, Messrs. Bam ford Brothers, Liverpool Cheese: White, 89s, equal to 7.96 d per lb. f.o.b. ; coloured, 91s, equal to 0.16 d; tho market has a declining tendency. Butter: 170s to 171s, equal to Is 4.5 d to Is 4.6 d f.o.b. ; the market is very quiet.

PRODUCTION OF ZINC.

REDUCTION BY AGREEMENT

Australian mid X.Z. Press Association. BRUSSELS. July 9

'l'ho zinc producers of England, Germany, Belgium, Franco, Canada, Mexico and Silesia mot at Oslerid, after which it was officially announced that they had decided to reduce production l>v 10 per cent, to (lie end of the year, when they will meet again to decide* the production in 1930. -■

SYDNEY WHEAT PRICES

POOL FORMATION URGED

Australian and N.Z. Press Association. SYDNEY, July 10

Representatives of tho wheat growing organisations have unanimously decided to ask wheat growers to agree | 0 (ho establishment of a pool under the provisions of (lie Marketing Act. Tlio fall in wheat prices is having a serious effect on local growers.

LONDON APPLE MARKET.

TRICE FOR DOMINION FRUIT

[DY TELEGRAHT. —OWN CORRESPONDENT.] WELLINGTON. Wednesday.

The Department of Agriculture has received Ihe following cablegram relating to tho fruit market from the High Commissioner for New Zealand, London : The apples ex tho Port Hunter tinned out very cold. A portion of tho Otago consignment was badly frozen. Not much frost was evident in the Nelson consignment, in which, however, most varieties were o t vcr-matured, particularly coloured sorts, which show considerable waste. Tho market was quiet and prices slightly weaker. The shipments by tho Rotorua and Port Campbell are duo on Monday. Prices were:—Otago: Newton Pippin, 18s to 22s per case; Stunner, Statesman, Delicious and Scarlet Nonpareil, 17s to 20s. Nelson: Cranny Smith, 20s to 50s per case; Statesman, liokewood and Romo Beauty, 18s to 20s; Jonathan, 6s to 14s; Delicious, 8s to 18s; Stunner, 17s to 19s. SEARCH FOR OIL. OPERATIONS AT GISBORNK. INY TKLKGIIAI'II. —I'MliSfl ASSOCIATION.] GISBORNE, Wednesday. Taranaki Oilfields report:—Gisborno No. 2 well: Tho board of directors anticipates that., failing an unforeseen canso of delay affecting the manufacture or delivery of tho rotary drilling plant now on order, and subject to weather conditions as they affect transport in Now Zealand, a resumption of drilling on Gisborno No. 2 well, Mangaone, should bo possiblo early in November of this year. CHICAGO WHEAT MARKET. Australian and N.Z. Press Association. CHICAGO, July I' Wheat.—July, 1 dollar 20' 4 cents per bushel; September, 1 dollar 243 cents; December, 1 dollar 30 7-8 cents. COLOMBO TEA SALES. Australian and N.Z. Pres3 Association. COLOMBO. July 0. At the auction sales of tea 2.990,0001b. were offered. The commonest kinds were steady. The market for low mediums was strong and other grades advanced by 2 to 4 cents. Next week's catalogues will total 3,030,0001b. LAMB AND MUTTON IN LONDON. Tho New Zealand Meat Producers' Board has been advised by its London manager that the following retail prices were being quoted for New Zealand lamb and mutton retailed in London on July--s— --: lSd per lb; shoulders, 14d ; loins, 13d; necks, 8(1; breasts, sd. Mutton (Wether). —Legs, lid; shoulders, lOd; loins, 10(1; necks, 7d ; breasts, 4d. CALL AND DIVIDEND LIST. Dividends— Duo. Sun ford. Ltd., 3) p.c. (final) ~ To-day. National Bank of New Zealand— Pinal dividend of 12 p.c. p.a. and bonus of 2 p.o July —. Wailii Grand Junction—ld per share July 18. New Zealand insurance—lid per share (finnl> .. .. .. Aug. C. Electrolytic Zinc—G p.c. old. and pref. (final) Sept. G. Calls— , , Lucky Shot—3d per uliare .. «M>]y Alburnia—2d per share .. v. July 31.