YESTERDAY'S SALES.

New Zealand Herald, Volume LXVII, Issue 20623, 23 July 1930, Page 9

YESTERDAY'S SALES.

BUSINESS ON EXCHANGES.

RETURN ON INVESTMENTS. Followinp is a list, of yesterday's transactions 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 the case of Government and other redeemable securities the return includes redemption. The first column gives tho figures at which tho sales were made:— AUCKLAND EXCHANGE. lfeturn on Sale Priw. Investment, fad £ a d Tna. Stk., 1938. -11 . . 99 12 C> <1 11 1 City Auck.. 1919. 51 95 0 0 » 13 9 Coin. Itk. of Aus. . . 11 0 7 210 lilt. N S.W. (Syd. re::.) 35 17 G 5 11 « Hank of N.Z. . 2 15 9 5 2 10 Nut. Bank of N.Z. . . fi IB 0 5 3 5 Dom. Investment . , 1 0 0 7 0 0 Farmers' Trading . . 0 8 1 917 11 CHRISTCHURCH EXCHANGE. Com. Bank of Syd. . 19 10 0 0 8 2 Union Bank (1) . 11 5 G 510 10 Ditto . . . . 11 5 0 S 11 1 Com. Bunk Auu. .. 10 11 7 3 5 Hank N.S.W .. 35 15 0 5 11 11 Ditto ' . . . . 35 18 li 511 t Clii islchui'oli Can . . 15 10 B 310 N Z Browuriec . , 2 8 ti ti 3 8 Ditto . . . . 2 8 5 6 all British Tobacco .. 117 4 6 8 7 Ditto . . . . 117 3 68 10 Tho following sales jilso look place:— Mount Uvcll. 23: i Hit. 22s 8d (2): Ditto (rights), 2s fx!; M(t!:n kipiuva, 2d (3). WELLINGTON EXCHANGE. Ann. Bunk Com. .. 123 f» 5 3 Coin. Bunk Aus. . . 1. 1 0 7 210 Bunk of N.Z. .. 2 l!i (> § j ® Ditto • • ' • • 210 0 5 1 0 Union Bk. (Mol. res.)' 11 6 0 R 10 7 C iirintclmrvh G'ls .. 1 C 0 C 3 1 British Tohnecr I 17 3 C 8 10 DUNEDIN EXCHANGE. Tho following Hale:-! took place:—Okarito. Ca 7il (2), l>3 Bil. Paddy's Point, 3d 9d, 3a Gd.

TUB LONDON MARKETS.

PRICES FOR METALS.

SLIGHTLY EASIER TENDENCY.

(Received July 22, 9.35 p.m.) LONDON. July 21. (Quotations on July 17 in parentheses.) Copper.—Spot, £47 6s 10.', d (£47 16s 10.UI); tlivox v months, £47 5s (£47 13s 9fi). ' Kloctrotytir* Copper.—Spot, £sl (£52); throe months. £53 (£54). Wire Hiits.—-£53 (C 54). Lead.—Snot. £lB 3s 9d (£lB ss); three months, £lB 2s 6d (£lB 2s 6d). Spelter. —Spot. £l6 5s (£l6 10s); throe months, £l6 16s lOjd (£l7 ss). Tin. —Spot, £l3;> 12s 6d (£135 lis 3d); three months, £137 7s 6d (£137 3s 9d). .Silver. —Standard, 15 15-I6d (16d) per 07.. ; line, 17 3 l(>d (17^d).

ICE CREAM MERGER. LEGAL HITCH AT MEETING. No finality lias bec-n reached in the proposals to merge the Robinson Ice Cream Company, Ltd., and tho New Polar ico Cream Company, Ltd. The proposals \ver<> ro have been considered by shareholders of the Robinson Company yesterday, but owing to the notice given having been legally insufficient the meeting was declared informal and adjourned. A large number of shareholders was present. Mr. W. M. Neumegen, chairman of directors, who presided, said the meetjog could not be held legally as only six d.i'vs' iv.; lien had In en given instead of seven. After an informal discussion consideration was adjourned on the unders: -udincc that the directors would furnish lull d,Tails of the pruposals by circular -Slid call another meeting at a later date.

•QUOTATIONS for wheat.

Til 12 LONDON MABKET. LONDON", July 21. Wheat Cargoes wcro fain to-day, sellers asking an advance of 6d i.o 9d, but the market eased a little at the close. I'areels opened firm, sellers asking advances of 9d and Is, but prices closed lower. Futures: —London, July, 33s 6d

]>, r (juaitrr; St-pictnlier, 33s Liver* jH.M-,liily, 7;; 3 1-3(1 por contal; Oclobnr, 7s 4 1-3'. 1; Dccmlior, 7s 5Ar!: March, 7s

PRICES AT CHICAGO. CHICAGO, July 21

Wilful.—July, 873 cents per bushel: September, 90 7-8 emits; December, 96 5-8 cents; March, 1 dollar 1) cents.

TI IF. SEARCH FOR OIL. 110R1NG AT OMATA. fr.Y TElJifi UAPII.—VnKSS ASSOCIATION.] NEW PLYMOUTH, Tuesday. Coal Oil (N.Z.), Ltd., reports for the week Wilder] July 19.—Omata, No. 1 boro: We drilled t>> 1980ft-. in niudstonc. We cored 20fl. further to 1922 ft. Oil and gas iiic showing. We are prepared to run 16in. casing. T.AKANAKI OILFIELDS. [ 1!Y 1 KI-KC.ttAl'H.—rilF.HS ASSOCIATION.] (SISBOBNE, Tuesday. Tar.umki (New Zealand) Oilfields report for the. week ended July 19 us follows Wait.aiitfi No. 1 well: Transport arrangements in proxies?. Weather conditions j;ood.

CANTERBURY MARKETS.

I.OWKIi POTATO PRICES.

I 11Y 'JKt.KI-.itATH.—VnKSS ASSOCIATION.] CILUISTCIIUHGH, Tuesday.

Tlio potato market has cased since tlio week-end. On Friday, forward quotations were £5 to £5 5s f.0.h., s.i., for prompts and Julys, and £5 12s 6d to £5 15s for Aiigust-Septeinber deliveries. Yesterday prompts and Julys had fallen to £4 12s 6d a ton f.0.1)., s.i., Augusts to £5 2s 6d, and Septembers to £5 ss. This drop in the market is duo to weak holders sellin;;. To-day quotations are unaltered, hut August-Septembers cannot ho secured for £5 2s 6d, f.0.h., s.i. There are few orders coining to hand from Auckland or other ports. The next boat from Lyttelton is the Katoiii, which is duo to sail for Auckland on Friday. The, farmer is still a firm holder, the nominal value on trucks being, £3 10s to £3 15s. The oats market has also weakened as far as Southern quotations are concerned Locally the position is firm, and B grade Gallons lias'e been sold for Lyttelton uhipment at 4s. The Southern quotations to day are os 3d to 3s Ojid, f;o.h., s.i., for A griule (iartons for August delivery, and Ss f'iJjd tor P> grade. The chaff market is also a shade weaker, with few orders coming to hand. Chaff has been sold for prompt delivery at £6 17s 6d, f.0.h., s.i., equivalent to £-5 7s 6d on' trucks. Chaff for later delivery is hot, offering iji much quantity. Onions ai'u. worth £2 10s to £3 10s, according to the quality of the offering. A little business is being transacted in next, season's wheat, on the basis of 5s 5d to 5s 6d a bushel for Tuscan. Fowlwheat values remain firm at Oh, f.0.h., s.e., with a fair inquiry.