YESTERDAY'S SALES.

New Zealand Herald, Volume LXVI, Issue 20375, 2 October 1929, Page 7

YESTERDAY'S SALES.

BUSINESS ON EXCHANGES.

RETURNS ON INVESTMENTS. ■ Following is a list of yesterday's transactions 011 the New Zoaland Stock Exchanges. In tho second column is given tho return, based on tho last dividend, from investment ut tho quoted prico. In tho case of Government and other redeemable securities tho return includes redemption. Tho 'first column gives the figures at which tho sales were mado: — AUCKLAND EXCHANGE. Return on Sale Price. Investment. £ s. o. £ s. d. Oisb'ne Sheep, 1931,7} 98 0 0 812 9 Bk, Australasia .. 14 11 6 4 10 0 Eng., Scot, and Aus. Bk. 8 16 4 12 10 Bk. N.S.W. (Mel. reg.) 50 2 6 4 19 !) Union Bk. Australia 14 13 0 5 2 4 National Timber ..0 8 0 Aus. Iron, Steel (pref.) 1 2 0 C lfi 4 Ditto .. .. 1 1 11 C JO 10 CHRISTCHURCH EXCHANGE. Ins. Stk„ 1933, i', .. 100 7 6 4 9 0 Grey Electric, 19G5, 5} 100 0 0 5 10 0 N.Z. Farmers' Co-op., 1010. 0} .. .. 95 0 0 7 3 0 Com. Bk. Australia (2) 1 8 7 5 4 11 Goldsbrough-Mort (G) 2 310 01G 11 Ditto .. .. 2 4 0 (i 10 4 Chch. Gas (10s pd.) 013 4 GOO Aus. Iron, Steel (pref.) 12 0 Gl6 4 Ditto .. .. 1 1 11 G 16 10 British Tobacco (4) 2 8 6 4 10 9 Electro. Zinc .. 115 10 014 0 N.Z. Refrig. (10s pd.) 0 G 2 8 2 1 WELLINGTON EXCHANGE. Nat. Bk. N.Z. .. 611 3 5 4 3 Ditto (2) .. .. 014 0 5 4 G Union Bit. Australia 14 13 0 5 2 4 N.Z. Insurance .. 2 7 (i Ji 17 2 Staples' Brewery .. 213 0 413 5 DUNEDIN EXCHANGE. N.Z. Breweries (debs.) 1 10 (! G 11 2 Tho following sales also look place:— Goldsbrough-Mort, 43s lid (0). MINING SALES. Auckland.—Wailii, 13s 5d (2). Christcluirch.—Mahiikipawa, 3d; Winding Creek (Is pd.), Is 9Jd (3). AUCKLAND COMPANIES. FOUR NEW REGISTRATIONS. Four now companies, all of them private, wero registered iu Auckland yesterday. Details are as follows: Cash more Brothers, Limited, limber merchants and sawmillers. Capital, £20,000 in £l. shares. Subscribers: Elon JVffcoal (.'ashmore, Leslie Elon Cash more, Alfred Eric Cashmore and Walter Ilecce Cashrnorc, 5000 shares each. Sanitas, Limited, manufacturers and dealers in toilet j;oods. Capital, £2510 in £1 shares. Subscribers: John Thomas ltusscll Watson, 2500 shaics; Joseph Solomon Emanuel, 10 shares. Broadway Properties, Limited. Objects: To purchase, construct or reconstruct buildings. Capital, £SOO iu £1 shares. Subscribers: Edna May Lovegrovc and Alice Keturah Dcnney, 240 shares each; Robert Alexander Denncy and Claude James Lovegrove, 10 shares each. Tung Kon Company, Limited, market gardeners and fruiterers. Capital, £SOO in £lO shares. Subscribers: Henry Dour, Chung Hon, Chung Meechee, and Molt Yes Chay, 10 shares each; Ping Chco and William Yip, 5 shares each. NEWSPAPER LOSSES. £123,500 ON MORNING POST. Final stages have been reached in tho liquidation of Victorian Newspapers, Limited, which published tho Morning Post in Melbourne. All interim distribution of 4s a share has been made and tho liquidator expects to pay about 2s 6d a sharo in a final dividend. The loss to shareholders will lie approximately 13s 6cl on each £1 share of tho company's subscribed capital. A total of £190,000 was raised by calls. The failure to establish the Morning Post involved shareholders in a loss of approximately £123,500. SUPPLIES OF KAURI GUM. FIGURES FOR NINE MONTHS. An average amount of kauri gum of the usual moderate, quality was received into store by Auckland brokers during September. The supplies amounted to 323 tons, an increase of six tons as compared with the preceding month and of 35 tons as compared, with the corresponding period last year. The market values remain about tho same. '1 he following tablo shows tho tonnage received into storo in tho first nine months of this year, compared with the two preceding years:— 1927. 1928. 1929. Tons. Tons. Tona. January •« .. 205 ■ 278 290 February • • • • 198 307 270 March •• •• 441 411 240 April .. .. 317 295 339 May 227 390 420 .Tulio 359 .331 28;> July 230 304 849 August •• •• . • 241 331 317 September .. .. j!23 J123 Totals . .. • • 2001 2995 2811 The following table, issued by tho Customs Department, shows the total quantity of kauri gum entered for export, from New Zealand to each importing country during last August:— Destination. Tons. Value. A' United Kingdom .. 50 2,147 Cimuclii, via East Coast ft I 1.452 Austria jj "'2 Germany •• •• 1 „ , U.S.A., via East Const 178 9,820 Totals .. .. .. 291 -£13.071 CANTERBURY MARKETS. LITTLE MOVEMENT IN POTATOES. [BY TELEGRAPH.—PHESS ASSOCIATION'.] CIIRISTCHURCH, Tuesday. There is very little movemont in the potato market. The Wingatui left Lyttelton 011 Saturday night with a cargo of 5600 sacks, rather more than expected, making, with the Timaru complement, a shipment of 7000 sacks. Tho lvurow will load this week at both ports, and is expected to take a fairly substantial quantity from Timaru. Potatoes for prompt delivery are quoted at £8 5s to £8 10s, f.o.b. s.i., and Octobers at £9 to £9 10s. Thp.ro is little disposition to trade iu this delivory. Farmers are being offered £6 15s to £7 a ton, on trucks. Thorn is much difference of opinion as to growers' holdings. It is generally believed that they are light in the central district, but a few fairly solid holders are still reported from the Ashburton district. Tho chaff market is not so firm, consequent 011 the heavy shipment, approximately 750 tons, arriving from Australia. Values, f.o.b. s.i., aro £6 5s to £6 10s, and, on trucks, to £4 10s. Oats aro firm in price, but very little is doing. Tho seed market* is unchanged. CHICAGO WHEAT MARKET. Australian and N.Z. Press Association. CHICAGO. Sept. 30. Wheat.—September, 1 dollar 28* cents per bushel; December, 1 dollar 35 5-8 cents; March, 1 dollar 42£ cents; May, 1 dollar 45 7-8 cents*