YESTERDAY'S SALES.

New Zealand Herald, Volume LXVII, Issue 20628, 29 July 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 the second column is given tho return, based on the last dividend, from investment at the quoted price. In the case of Government und other redeemable securities the return includes redemption. The first column gives the figures at which the sales were made:— AUCKLAND EXCHANGE.

INQUIRY FOR DEBENTURES

OFFER TO POWER BOARD. The Auckland Power Board yesterday received advice from J. B. Were and Co., Ltd., sharebrokors, of Melbourne, that tlio firm bad received inquiry through its London office for New Zealand local body debentures from £IOO,OOO un to £300,000. Tho firm asked whether the board was prepared to negotiate a loan under the conditions set out, which the board considered it would not be advisablo to disclose. The chairman, Mr. W. J. IToldsworth, said that in view of tho fact that the board was purchasing plant in England the offer might bo well worth considering. The matter was referred to the board-iii-eommitlec.

OPOSSUM SKINS.

SEASON NEARLY CLOSING. The season for opossum skins., apart from those trapped by fanners and' orchai'dist.s, who may trap all the year round, wiil close next Saturday in the Auckland acclimatisation district. _ The season opened on Juno 16 and continues for seven weeks. Last year about 7000 skins were taken in the Auckland district and high prices were obtained, but at tho first sale of (lie present season, held in Dunedin last Friday, prices showed a considerable decrease in all grades of skins, although the quality was up to that of the previous year. " It is not yet known what effect this fall in prices will have on the total number of skins taken in Auckland, but as tho season has almost closed it is believed that trappers will bring in nearly as many skins as last year. So far the number of skins received for stamping at the Government depot in Auckland is nearly 1200, which is about the same number as had been sent in at the mi re.-pending period in 1929. LOW PRICES AT DUNEDIN. Dalgetv and Company, Limited, report that the fust opossum skin sale of the season at Dunedin was held at the weekend, when i lie total ottering was 7525 skins. Of thin, their catalogue comprised 5900 skins drawn from all parts of the South Island with n few consignments from Tar.muki and Auckland provinces. Tin- quality »'/ tlite ."kins was only fair, a big proportion of the pelts being badly marked. There was a very limited demand and Generally speaking prices were fully f)0 per cent, lower than last year. The best, skins showed the least'decline, lint small damaged and inferior skins brought very low prices, in some cases insufficient to cover royalty. Blues, greys and red necks were not in keen demand, except possibly super skins, but blacks and browns sold comparatively well. Tho following is ihe range of prices from seconds up for average consignments:— Blacks, 4s to 10s Id; browns, 3s to 6s 6d; blues, 4s Gd to 9s 6d; greys, 2s 8d to 7s 6d; reds, 2s to 4s 9d; small blacks, Is to os: small blues and greys, Is to 2s lOd r very inferior and damaged, Gd to Is Gd. AUCKLAND COMPANIES. IJIGTIT REGISTRATIONS. 'Eight new companies, one public and seven private, have been registered in Auckland. Details are as follows: PRIVATE COMPANIES. Whangarei Pictures, Ltd., cinema theatre, proprietors, Whangarei. Capital, £SOOO in £1 shares. Subscribers: FullerHavward Theatucs and Martha Mason, 2500 shares each New Zealand Grape Fruit Company, Ltd., Auckland. Capital, £SOO in £1 shares. Subscribers: N. R. W. Thomas, 490 shares; G. R Hill, 10 shares. O. E. Dixon and Company, Ltd., millers, grinders and manufacturers of foodstuffs. Capital, £I2OO in £1 shares. Subscribers: C. E. .'•-Dixon and L. A. Whitfield, 600 shares'each. Mclntyre's Clyde Iron Works, Ltd., iron founders and engineers, Onehnnga. Capital, £2700 in £1 shares. Subscribers: I). 11. Iv. Jones, 2699 shares; J. A. Jones, 1 share. Triangle Cleaners and Dyers, Ltd. Capiy tal, £2OO in £1 shares. Subscribers: J P. Sampson and A. Underwood, 100 shares each. Farmers' Meat Auction Company, Ltd., meat and poultry dealers, etc., Auckland. Capital, £IOO in £1 shares. Subscribers: ,N. O. Olde, 99 shares; B. Olde, 1 share. William White and Sons, Ltd., motor garage proprietors, earners, otc., Thames. Capital, £2OOO in £1 shares Subscribers: W. White, 1999 shares; M. A. White, 1 share. PUBLIC COMPANY. Entertainments (N.Z.), Ltd., cabaret and thcatro proprietors. Capital, £IO,OOO ill £1 shafes. Auckland shareholders: A. C. Maire, C. W. Ilarty, A. R. Wilson, L. W. Swan, W. R. P. Moody, 11. G. Bart let t and T. 11. T). Allen, 1 share each. WELLINGTON REGISTRATION. Tho following company has been registered in Wellington : United Transport Company, Limited, Hamilton, airplane proprietors, carriers of passengers, mails and goods by air, aerial surveyors and importeir. of and dealers in aircraft and motor vehicles o!' all descriptions. Capital, £2OO. in £1 shares. Subscribers: Arthur C. Lavington, architect, To Kuiti, 150 shares; Irene Estello Cowper Hamilton, 50 shares. PROPERTY SALE. T. Mcludoe nil;! Son will offer nt, miction, at their rooms, 306. Dilwortli Building, at 11 a.m. t-o-dny, a two-storeyed dwolUß&> iNa 70, Union Street, Auckland.

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