YESTERDAY'S SALES.

New Zealand Herald, Volume LXVII, Issue 20642, 14 August 1930, Page 7

YESTERDAY'S SALES.

BUSINESS ON EXCHANGES.

RETURN ON INVESTMENTS. Following is ii list of yesterday's trans- | actions on New Zealand Stock Exchanges. | Tu the second column is given the return, < based on tho last" dividend, from investment at tho quoted price. In tho case of . Government and other redeemable securi-' ] ties the return includes redemption. Tho . first column gives tho figures at wliicb ( tho sales were made:AUCKLAND EXCHANGE.

Tho following 'sales also took place:— Mount- Lyell, 22s 4d; Loan and Mercantile, £69. No return is given on theso shares owing to the reduction in tho rate of interim dividend and tho uncertainty of tho final distribution. CHRISTCHURCH EXCHANGE.

Tlift Christchureh Exchange will be closed to-day for tho second day o£ the Canterbury Jockey Club's meeting. WELLINGTON EXCHANGE.

HOLDEN'S MOTOR BODIES. DIVIDEND OF 6d A SHAPE.® Tho directors of tho Holdon's Motor Body Builders, Limited, South Australia, havo declared a dividend of 6d a share on ordinaty shares for the half-year ended Juno 30, making, with tho payment of March last, 5 per cent, for tho year, and at tho rate of 8 per cent, per annum on tho "A" and "B" preference shares for six months to September 10. Payments will bo made on September 10. For tho previous year ordinary shareholders received 10 per cent., and from March, 1925, to September, 1928, 10 per cent., and a bonus of 5 per cent. I WOOLWORTHS. LIMITED* | * •' ' CAPITAL TO BE INCREASED. i The nominal capital of Woolworths, Limited, Sydney, is to be increased from '•£160,000 to £1,000,000, by tho creation ,of 50,000 cumulative preference shares and 800,000 ordinary shares of £1 each. I Tho preference shares are to bo offered at par to holders of preference shares ! in proportion of their holdings. Tho paid-up capital of the company [ is at present approximately £134,000, and | the purpose of the issue is to provide morn capital for the operations of the company, which, with its subsidiaries, controls' 16 branch stores. For the year ended January 31, 1930, a dividend of 30 per cent, per annum was paid on tho ordinary shares, and.2 per cent, bonus was paid on the 8 per cent, preference shares. All tho preference shares are in future to receive 10 per cent. Woolworths, Limited', started business in Sydney on December 5, 1924. It now controls seven branches in Sydney and suburbs, and throe in Queensland, and holds controlling interests in two companies in Western Australia aud four in Now Zealand. Tho company intends to commenco operations in Melbourne at an early date and negotiations havo been practically completed for the lease of the Theatre Royal building in that city. Since July of last year 12 new establishments have been set. up by the company nitd its subsidiaries and the expansion has necessitated the introduction of more capital. _ QUOTATIONS FOR WHEAT. FUTURES AT CHICAGO. CHICAGO, August 12. Wheat.-September. 91{- cents per bushel: December, 96.5 cents; March, 1 dollar H- cents; May, 1 dollar cents. LARGER CANADIAN CROP. ESTIMATED SPRING YIELD. WASHINGTON, August 12. It is announced that the condition of Canadian spring wheat is 85 per cent, normal,' indicating a yield of 350,000.000 bushels, compared with 276,000,000 last year. FOREIGN EXCHANGES. British Wireless. RUGBY, August 12. The following rates on foreign exchanges aro current to-day, compared with the cabled quotations on August 7 and par:—

THE PRICE OF GOLD. LONDON. August 12. Gold is quoted to-day at 85s £d per oz. LONDON STOCK EXCHANGE. LONDON, August 12. Tho following nro included in to-day's quotations on tho London Stock Exchange:—Dalgcty- and Co., Ltd., shares, £8 16s 3d; 4 per cent, debenture stock, £7O. PROPERTY SALES. William A. Homo, Ltd.. will oiler at unci ion nt t heir l ooms, corner of li'S" Street and Vulcan Lane, at noon to-day, four-roomed cottage at 21, St. Aubyn Street. Devoftport. . .. C. F. Bennett, Ltd.. will offer at auction at their rooms, corner Queen and Sli°'rtlano . Streets, at 7.30 p.m. , to-day. 21 freehold actions in St. Stephen's Avenue, Gladstone Road and Canterbury Place, comprising the Canterbury Place, St. Stephen a estate. S* freehold sections ot the corner of ManuKau Road and Sarawai Street will be offered at . tbc some time.

Itetitnl on Sale Price. Investment. X" s d £ s i\ Com. Bank A us. . 1 0 .3 7 8 2 E.S. and A. . 5 17 0 6 8 2 Bunk of N.S.W. (Sydney rem.) . 3« 10 0 5 9 7 Batik of N.Z. . 2 15 11 5 2 6 N.Z. Insurance , 2 L !) ■1 31 10 Taupiri (prcf.) . 1 3 0 (1 19 1 Auckland Gas . 140 G 13 i Northern Steam . 0 11 S 7 13 2 Kauri Timber . n 13 0 a 35 5 N.Z. Breweries . 2 10 10 5 18 1 B rit i rIi Tobacco . . 117 0 0 7 2 Waihi (2) , . . . . 0 11 2' 11 2 4

Com. Bank Aus. . 1 0 3 7 8 o Bank of N.Z. 2 1G 0 5 2 3 E.S. anfl A. Bank 5 1(> (j « S 9 Nat. Bank N.Z. . 5 U <; 4 a Union Bank . . 10 13 0 5 17 4 National Insurance . 0 U 0 5 7 2

Bank of N.S.W. 30 12 G r> n 2 Union Bank . . . . 10 It 0 5 16 10 Auckland Gas . 1 4 (1 <; 13 4 N.Z. Breweries (2) . . 3 10 n r> is Wilsons Cement. . 2 0 i; 0 3 5 Taranaki Oil . 0 2 a

Aug. 12. Auj:. 7. Par. Montreal, dol. .. 4.865 4.861 4.S66 New York, dol. . 4.87 .'3-32 4.87* 4.866 Paris, fr. . .< .123.81 123.81 124.21 Brussels, belga 34.825 34.805 35.00 Geneva, fr. 25.045 25.045 25.22 Amsterdam, fl. .. 12.08.'» 12.082 12.10 Home, lire 02.08 92.98 92.46 Berlin, r.m. 20.39 20.885 20.43 Stockholm, kr. .. 18.115 18.105 18.159 Oslo, Hi". J 8.1135 18.165 18.159 Copenhagen, kr. . 18.17 1 ft.165 18.159 Vienna, sell .'11.465 31.45 31.58} Prague, kr .164.25 161.25 24.02 Tlelsiujtfors. mark 103.5 - 103.5 192.i3 Madrid, pes. 44.45 43.05 25.22J Lisbon, escu. 108.25 108.25 375.00 Athens, dr. _ .. 1175 ! 17 n Bucharest, lei. .. 818 818 25.22'. Hio do Janeiro, mil. 5 Ml) 5 1-10 — Buenos Aires, dol. 41 7-10 41 41.57d Calcutta, rupee . 17 26-32 175 18d Shanghai, tael . 18.' is; — Ttongkonpr, dollar J5i .122 2l.5Sd Yokohama, yen . 24 11-32 24 11-32