YESTERDAY'S SALES.

New Zealand Herald, Volume LXVI, Issue 20323, 2 August 1929, Page 9

YESTERDAY'S SALES.

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

MINING SALES. Auckland.—Waihi llh lid; Ratrut Tin lAustralian sale), 19s 6d. Christchurch.—Mount Lyell, 435; Winding Creek (Gd paid). '2s 2d. '2s. Wellington.—Mahakipuwa, 5Jd. Tho return on Now Zealand Breweries does not include bonus accretion.

DAIRY PRODUCE PRICES. LONDON MARKET VALUES. Dalgety and Company, Limited, report having received tho following cablegram from their London house, dated July 31: —Messrs. Samuel Pago and Son report: Butter —New Zealand, 109s to 1725. Cheese —New Zealand white, 86s to !375, coloured, 90s to 91s. i'lie market for butter ana cheese is very quiet. The New Zealand Loan and Mercantile Agency Company, Limited has received the following advice by cable from London, under date July 31 :—Butter, choicest salted, 171s to 172s per cwt.; cheese, white, 86s to 87s, coloured. 90s to 91s. The market is dull. The Now Zealand Loan and Mercantile Agency Company, Limited, has received the following cablegram from its London office, dated July 31:—Butter: Choicest salted, 171s to 1725. Cheese: White, 86s to 87s; coloured, 90s to 91s. .Market dull. FLAX-GRADING RETURNS. JULY UNFAVOURABLE PERIOD. A moderate amount of flax anci hemp was received into Auckland stores for grading during the month of July. At present millers are preparing for tho new season and tho product of the mills is of mixed quality. The returns for July are a little lower than for June, but compare more than favourably with tho figures for July, 1928, which were particularly low.

The figures for the month are as follows, thu returns for July, 1928, being given in parentheses:— Hemp.—Good fair, 160 (76); high fair, 400 (2C3) , low fair, 232 (140); common, 100 (72) . rejected, 25 (4). Total, 917 hales (495) Tow.—Xo 1, 102 hales (31); No. 2, 153 (79) ; Xo. 3, 73 (29) ; condemned, 12 (5). Total, 345 (144). There were no stripper slips passed through the stores in tiio month of July in eititer 1928 or 1929. KAURI GUM SUPPLIES. FIGURES FOR SEVEN MONTHS. A satisfactory amount of kauri gum. as usual of only moderate quality, was received into store by Auckland brokers during July. The total of 349 tons compares favourably with amounts for the earlier months of this year The quantities of gum received into store during the first seven months of the last three years are as follows:

AUSTRALIAN PRODUCE. Australian nnd N.Z. Press Association (Received August 1, 8.55 p.m.) SYDNEY, Aug. 1. The following are to-day's quotations on the Sydney produce market:— Wheat.—At country stations, ss; ex trucks, Svdtiey, 5s 7d. Flour. —£14. Pollard and Bran. —£8. Potatoes. —Tasmania, £2O to £22; Victoria, £l9. Onions.—lapaneso, £18; Victorian, Spanish, £l6. Oats.—Whito, 4s 9d; Algerian, 4s 3d. Maize.—6s to 6s 2d per bushel. Adelaide prices are:— Wheat. —Growers' lots, 5s 3d to 5s l^d. Flour.- £l2 15s. Bran. —£6 17s 6d. Pollard.—£7 10s. Oats.—Algerian, 3s 6d. CHICAGO WHEAT MARKET. Australian and N.Z. Press Association. CHICAGO. July 31. Wheat.—July, 1 .dollar cents per bushel; September, 1 dollar 47 cents; December, 1 dollar 54J cents. MELBOURNE HIDES SALES. Australian nnd N.Z. Press Association. (Received August 1, 11.15 p.m.) MELBOURNE. Aug. 1. At the Melbourne hides sales to-day the market was irregular. All grades were id lower except kips.

CALL AND DIVIDEND LIST. Dividends— Due. New Zealund Insurance—lid per share (final) Aug. 6 Coin. Bk. Australia —1 p.c. p.n,. pref.. 15 p.c p.n ord (final) Aug. P. Dominion Investment—7 p.c. A, B and C shares .. .. Aug. 9 Victoria Nyanza SiiK.ir Co., Ltd. —lnterim dividend of p.o. (Is Gd per aliure) . . . . Aug. 31. Elcouolytic. Zinc—tip.c.- ord. and prcf. (filial) ~ .. Sept. 8.

AUCKLAND EXCHANGE. Return on Salo Prico. Investment. £ s d. £ 8. d. N.Z. Breweries debs (3) ... 1 8 3 7 I 7 Bk. New Zealand . 3 1 f. 4 13 3 Union Bank Aua. . 15 2 6 4 19 2 Sth British Insce. . 3 8 0 3 13 6 N.A. Farm. (B pref.) 0 12 ;; 9 15 11 Wright, Stephenson J 6 <; 5 5 8 Auckland Gaa C2) , 1 4 i G 12 10 Ditto (Job pd.) . 0 17 9 G 15 2 Hiiddftit-Pnrker 2 5 9 4 7 5 Booth, Macdonald . 0 1 10 — N Vj Farmers' Fert I 4 0 G 13 1 Wilsons Cement 2 -1 3 ' 1 10 5 The following Kale n lso took pi ioo :—North Auckland Fanners' Co-operative, 3s 2d 2) CHRISTCHURCH EXCHANGE. Nat. Bk. Australasia 19 15 0 5 1 3 Union Batik Ann . 15 2 0 1 19 4 Ditto 15 2 G 4 19 2 Goldsbrotigh. Mort 2 6 9 fi 8 4 N.Z Guarantee 0 9 4 7 2 10 N.Z. Breweries 4 .1 0 3 11 5 Ditto i 4 4 3 11 2 Aust. Distilleries . 1 2 o — British Tobacco 2 8 4 4 11 0 Dunlop Rubber 1 7 G 7 5 5 Ditto 1 7 7 '7 5 0 Henry Jones (2) 1 13 9 5 18 l"r N.Z. Farmers Fert 1 4 0 6 13 4 The following sale also took place:—Now Zealand Breweries, 81s 2d. WELLINGTON EXCHANGE. Ins. 8tk„ 1938, 100 0 0 4 10 0 N.Z Breweries (dbs.) 1 8 0 7 2 10 Bk. New Zealand . 3 1 4 4 13 5 National Bit. N.Z. . . 7 0 0 5 0 0 Goldsbrough, Mort 2 G 8 G 8 7 British Tobacco 2 8 5 4 10 U Wilsons Cement 2 4 4 1 10 3

1927 1928 1929. Tons Tons. Tona January . . "65 278 i90 February .. 108 307 275 March . . .. 441 411 240 April . . 317 295 339 May . • .. 227 390 426 June . . 359 331 285 July .. . . 230 304 319 Totals . . 2037 2376 2201