YESTERDAY'S SALES.

New Zealand Herald, Volume LXVII, Issue 20598, 24 June 1930, Page 5

YESTERDAY'S SALES.

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

AUCKLAND EXCHANGE. Return on Salo Price. Investment. , £, b d £ a d Com. Bank A us. .. 119 G 17 9 Bank of N.Z. . . 219 0 418 0 N.Z. Insurance (2) . . 2 7 0 318 0 Auckland Gas .. 15 3 0 6 9 Farmers' Trading .. 0 9 0 8 17 9 Tho following sale also took place:— Mount Lyell, ex iliv., 2(5s 9d, No return is given owing to the reduction in the rate of interim dividend and tho uncertainty of the final distribution. CHRISTCHURCH EXCHANGE. 13.5. and A. Bank . 6 0 0 0 5 0 N. Bk. A'aeia., £5 pd. 7 7 G 6 15 7 Christchurch Gas (-2) 1 G 3 6 110 Booth-Macdonald (pr.) 0 4 3 11 5 4 N.Z. Breweries (late salo Sat.) .. 210 6 518 9 British Tobacco (4) , 119 G 6 1 6 Wilsons Cement (2) . "2 5 0 5 11 1 Tho following sales also took place:— Mount Lyell, ex div., 26s 3d, 26s 4d, 2Gs 6d (3), 2Gs 7d, 215 a Gd; Mahakipawa, Id; Ward's Brewery, 10s 6d. WELLINGTON EXCHANGE, Nat. Bank A'asia (£5 paid) • .. 7 6 6 616 6 Huddart-Parker (pr.) 019 9 6 1 3 British Tobacco . . 119 10 6 0 6 DUNEDIN EXCHANGE. Bank of N.S.W. . . 88 10 0 53 10 0 N.Z. Breweries ~ 2 10 3 5 19 4 Ditto . . . . 210 G 518 9 Tlio following eales also took place:— Mount Lyell, 203 9d; Stoney Creek, 8d dis.: Okarito, 9s (2).

AUCKLAND COMPANIES, FIVE REGISTRATIONS. Five companios, one public and four private, wore registered in Auckland yesterday. Details are as fol^ws: — PUBLIC. Mount Camel Kauri Gum (N.Z.), Limited, gem sluicers and merchants. Capital, £IOO,OOO in £1 shares. Subscribers: James Osburno-Lilly, Henry Rossall Hesketh, Ralph Palliser Worley, Arthur Henry Bowell, Frederick Palliser Worley, Daniel McCubbin Findlay, Beresford Harvey Edkins, one share each. PRIVATE. British Producers, Limited, dealers in cutlery and plate. Capital, £IO,OOO in £1 shares. Subscribers: Ronald Albert -McLean, 9975 shares; Isabella Graham Anderson, 25 shares, Universal Fur Company, Limited, fur importers and doalers. Capital, £IOOO in £1 shares. Subscribers: Walter Greening, 996 shares; Claude James Lovegrove, Joy Greening, Arthur Greening and Arthur Goodman, one share each. Prentice Brokers, Limited, theatrical and sports promoters. Capital, £SOO in £1 shares. Subscribers: Cecil Baden Prentice and William Thomas Harold Prentice, 249 shares each; Alico May Prentice, two shares.

Tung Oil Sales, Limited, shnrebrokcrs and commission agents. Objects: -To issue and guarantee the capital of tho New Zealand Tung Oil Corporation, Limited. Capital, £SOO in £1 shares. Subscribers: Dorothy Gwendolen Talbot, 251 shares; Alexander Manson, 249 shares. ' BUILDING SOCIETY'S YEAR. THE SOUTHERN CROSS. Tho seventh annual meeting of members of the Southern Cross Permanent Building Society was held yesterday. Tho chairman of directors, Air. W. Andrew, presided. Tho annual report, which recommended the payment of a dividend of 6£ per cent., and tho balance-sheet were adopted. Details were published in tho Hlrald on Juno 17. In moving tho adoption of tho report, Mr. Andrew commented upon tho successful introduction of tho recording homo safe which had been taken advan tago of by many people who nn j nevehad a banking account. He also stated that the society's long term mortgages wero in good demand, and it was the hope of the society to make tho terms even easier in the future Tho retiring directors, Professor H. W. Segar and Mr. S. T. Rossiter, wero reelected. Tho usual honorarium was voted to tho directors who wero also accorded a vote of thanks. LONDON PRODUCE VALUES. FRUIT MARKET WEAKENING. [BY TELEGRAPH- —OWN CORRESPONDENT.] WELLINGTON, Monday. The Department of Agriculture has received tho following cablegram, dated Juno 21, from tho High Commissioner for New Zealand in London:— Tallow. —No auction this week owing to poor demand. Nominal quotations arc 2s lower than last auction. Fruit. —Tho lonic's shipment is in variable condition. Tho Port Napier's apples aro good and some of tho pears variablo. Apples by tho Maliia and Port Auckland aro in good condition. Prices are:— Apples: Stunners, 7s 6d to 12s 6d; Jonathan, 9s to 12s, Delicious and Dunn's Favourite, 10s to 12s; Statesman, Dougherty and Newton Pippin, lis to 13s; Granny Smith, 18s to 2ls. Pears: Winter Nelis, 13s to 15s; Winter Cole, 12s 6d to 14s 6d ; P. Barry, 12s to 14s. Tho London market is weakening and tho Continental market is depressed. Hemp.—Manila : Tho market is easior under freer offers and limited support. "J" grado June-August shipment sold down to £23, which was tho closing value. Sisal: Tho market is inactive. No. 1 fair average quality, June-August shipment, sold at £26 2s Cd, steadier at tho close. Buyers' ideas for July-September shipment, £26 ss; August-October shipment, £26 10s; No. 2 July-September shipment, £25 10s; good marks, lCs more. New Zealand : Tho market is quiet. Littlo interest is shown by consumers. Small business has been done in high points for JulyAucrust. shipment at £26. Wool.—Tho Bradford market is quiet with very little business in tops or yarns. Present quotations aro:—64's, warp, 2s 4|d: avcrago, 2s 3Ad; 56's, Is 9d; 50's, prepared, Is 5Jd; 40's, prepared, Is 3£d to Is 4d. HAIRINI CLEARING SALE. Messrs. Dalgety and Company, Limitod, report having held a very successful clearing snle on account of Mr. Walter Hope at Hairini on Friday. There was a good attendance of buyers Tho cows sold at up to £l3 103. all early calvers mnkiug fll 10s to £l3 10a. Other prices tvere- —Backward cows, £8 to £10: springing heifers, £8 to £10; backward heifers, £7 5s to £7 10s; weaner Jersey heifers, £3 2s 6d to £4; Jersoy bulls, s}pns : aged harness gelding, £ll 10s; bay draught mare rising .four years, £2,3; black gelding, unbroken rising three years, £l6. sows, in pig. £5 ss, £3 10s, store pi«e, 22a 6d; Tamwortb boar, £3 15s.