YESTERDAY'S SALES.

New Zealand Herald, Volume LXVII, Issue 20641, 13 August 1930, Page 7

YESTERDAY'S SALES.

BUSINESS ON EXCHANGES. '..*; 5 i 1 . ■ 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 tho last dividend, from investment at tho quoted price. In tho case of Government und other redeemable securities tho return includes redemption. The first column gives tho figures at which the sales were made: — AUCKLAND EXCHANGE. Return on Salo Price. Investment. £ad £ b d Bank of N.Z. .. 2 16 0 5 2 3 N.Z. Insurance ..219 4 11 10 Auckland Gas . . 14 0 Cl 3 4 N.Z. Breweries .. 2 10 10 5 18 1 By croft. Ltd. . . 114 0 - 517 7 WELLINGTON EXCHANGE. Kaiapoi "Woollen (ortl.) 0 0 7 8 15 G Tlio following Bale also took place:—-Mount Lyoll, 22s 7d. No return is given owing to tho reduction in tho rato of iutorim dividend and the uncertainty of tho final dis* tribution. DUNEDIN EXCHANGE. The following salo took place:—Okarito (paid), Cs lid. CHRISTCHURCH EXCHANGE. Tho Cliristcliurch Stock Exchango was closed yesterday for tho Grand National. AUCKLAND COMPANIES. TWO PRIVATE REGISTRATIONS. , .j Tho following private companies have been registered in Auckland:— Now Zealand Petrol Company, Limited, motor spirit experimental manufacturers and dealers. Capital, £3OOO in £1 shares. Subscribers: I). R. Garrard, 1796 shares; H. A. Steadnmn, 355 shares; A. K. Voyce, 200 shares; A. Millikcn, 150 shares; A. .1. Stratford, 149 shares; D. MacCormick, H. N. Hilliard, H. A. Dargaville, 100 shares each;. T, Tidswell, 50 shares. A. L. Jones, Limited, drapers, mercers, clothiors, outfitters, etc. Capital, £IOOO in £1 shares. Subscribers: A. L. Jones, 998 shares; W. A. Kondon and M. K. Jones, 1 sharo each. HERD TESTING. TE AWAMUTU DISTRICT. [I»V TELEGRAPH. —OWN CORRESPONDENT.] TE AWAMUTU, Tuesday. Tho highest herd test recorded Ly the South Auckland Hcrd-festing Association in tho To Awamutu district during the past season was from tho herd of Mr. Peter Heeps, of Waikero Road, Ivihikihi. His herd of 36 cows averaged 354.501b, of butter-fat in 290 days. Included in the herd wero eight first-calvers and ten sccond-calvers. Tho top cow, a four-year-old Jersey, produced 5201b. of fat in 314 days. This was Mr. Ileeps' first year of herd-testing.

ELECTROLYTIC ZINC CO,

PRODUCTION STATEMENT. Tho production statement of tho Electrolytic Zinc Company, of Australasia, Limited, shows that tho production of zinc for tlm four weeks ended Juno 25 amounted to 4259 tons, and for tho four weeks ended July 23 to 4230 tons. Lead production for tho same periods amounted to 353 and 332 tons, and silver production to 47,500 and 40,000 ounces. BULK STORES FOR OIL. BUILDINGS IN HUTT VALLEY. [BY TEIiEGH.VTH.— OWN COIUIESrONDEST.] WELLINGTON, Tuesday. During tho past lew months workmen have been erecting now main bulk stores for the Vacuum Oil Company, Limited, at. Waiwetu Hutt Valley. The now depot includes two motor spirit tanks, each with a capacity of 750,000 gallons, a kerosene lank with a capacity of 150,000 gallons, threo intermediate tanks on steel towers with a capacity of 15,000 gallons each, and also several auxiliary buildings and a railway siding. Tho tanks aro connected by an eightinch pipeline with tho Point Howard wharf, at which the tankers will berth. A first visit was paid to this wharf on Saturday by tho tanker Plumo and n lurgo supply of motor spirit, was pumped into tho new tanks. COLDMINING COMPANIES. ATTENTION OF FINANCIERS. LONDON, August 5. The Daily Mail, expressing tho opinion thai mining financiers who for many yoars wero entirely or mainly associated with base-metal industries are now paying increased attention to goldmining, expects other developments in addition to tho formation by tho Robinson and Baillieu groups of Goldmines (Australia), Ltd., which, although it is nob' making a public issue, is expected to offer shares to shareholders in tho companies which aro providing tho initial working capital. QUOTATIONS FOR WHEAT. LONDON, August 11. Wheal.—CargOos aro quiet but sellers aro steady, and thero is little change in prices. Parcels aro 3d to 6d lower. Futures —Loudon ; September, 35s 4d per quarter; December, 35s lOd. Liverpool: October, 7s 7|d per cental; December, 7s BJd; March, 7s 9|d. * FINANCING CANADA'S CROP. (Uoceived August 12, 9.35 p.m.) OTTAWA, August 11.

A mcthbd of financing Canada's 1930 wheat crop is understood to have been arranged at ft conference between tlio Primo Minister, Mr. E. B. Bennett, the Premiers of the prairie provinces, arid prominent bankers. Last year's carryover is not involved. Tlio details of the plan are not announced.

FUTURES AT CHICAGO. CHICAGO. August 11. Wheat.—September, 93{j cents per bushel; December, 99 g cents; March, 1 dollar cents; May, 1 dollar 7 cents. COAL OIL REPORT. [UY TELEGItAPH.—I'itESS ASSOCIATION.] NEW PLYMOUTH. Tuesday. Coal Oil (N.Z.), Ltd., reports for the week ended August 9:—Plugs and floatvalves drilled out. Heady to resumo drilling, SALE OF DAIRY STOCK. [IJV 'IELEGIUVII.—OWN COIUtESrONDES C.] OPOTIKI, Tuesday. Tlio Now Zealand Loan and Mercantile Agency Compony. Ltd.. report that it hem a- sale of dairy stock on behalf of Mv Bort. Iloudovsou at the Opotiki sale,yards yesterday. Good cows wore ill keen ciemand and Jersey sorts, close to calving, sold well. Backward calvcrs wore not valued Prices were: August culvers, 410 osi to i-U ss: September. £8 (Q XlOi othcra iG lOs o vn Ku. two-year empty heifers, £4 9s, year ling heifers; small, £3 ss; empty cows, to £3 10s.