SATURDAY'S SALES.

New Zealand Herald, Volume LXVIII, Issue 20793, 9 February 1931, Page 7

SATURDAY'S SALES.

BUSINESS ON EXCHANGES. RETURN ON INVESTMENTS. Following is a list of Saturday'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 tho case of Government and other redeemable securities the return includes redemption. The first column gives tho figures at which the sales were made:—

Tho following ealea also took place.—New Zealand Refrigerating (10s paid), Is 7d (4); King Solomon, 2s, Is lid (2), Is lOd (5); Mount Lycll, 18s 3d. DUNEDIN EXCHANGE. Kildare, Is 3u'. THE LONDON MARKETS. ' FROZEN MEAT (Received February 8, 5.5 p.m.) LONDON, Feb. 7. The weekly quotations for the undermentioned classes of frozen meat are based on actual sales of wholesale quantities of carcases of mutton or lamb or of quarters of beef delivered to Smithfield market and/or ex London stores. They are compiled by the Quotations Cofrimittee, Smithfield. To arrive at tho equivalent ex-ship values one farthing per pound should be deducted from the prices quoted below. Quotations given represent the average for the week and are not selected lines, but for parcels fairly representative of the bulk of the shipments now on offer. New Zealand Frozen Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 481b. to 561b., 4£d; 571b. to 641b., 3|d; 651b. to 721b., 3fd; North Island crossbred wethers and maiden ewes, 481b. to 561b., and 571b. to 641b., 3|d; 651b. to 721b., 3|d; ewes, under 481b., 3£d; 481b. to 641b., 2|d; 651b. to 721b., 2£d. Australian Sheep.—First quality, crossbreds and/or Merino wethers) 401b. to 651b., and 301b. t0'551b., 3d; ewes, 301b. to 551b., 2|d. Argentine Sheep.—First quality, crossbred wethers, 48lb. to 641b., 3Ad; 651b. to 721b., 3id; over 721b., 3d. New Zealand Lambs.—Canterbury, 361b. and under and 371b. to 421b., to 501b., s§d; second quality, average 301b., s|d; other South Island brands, 361b. and under and 371b. to 421b.,_6d; 431b. to 501b., none offering; selected North Island brands, including Downs, 361b. and under and 371b. to 421b., 8d; second quality, average, 301b., 6£d; other North Island brands, first quality, 361b. and under and 371b. to 421b., second quality, average, 301b., 6^d. Australian Lambs.—Victorian, first quality, 361b. and under and 371b. to 421b., 6d; other States, first quality, 361b. and under, s£d; Victorian, second quality, 361b. and under, s^d; other States, second quality, 361b. and under, sd; all States, third quality, 4|d. Argentine Lambs.—First quality, 361b. and under, sfd;. 371b. to 421b., s£d; second quality, average, 301b., sd. Uruguayan Lambs.—First quality, 361b. and under, second quality, average 371b. to 421b., 4jjd; third quality, average, 301b., 4£d. New Zealand Frozen Beef.—None offering. Australian Frozen Beef.—Ox crops, under 1001b., 3d; over 1001b., 3|d; ox hinds, under 1601b., 3|d; over 1601b., 4d Argentine Chilled Beef.—Ox fores, 1601b. to 2201b., 3|d; ox hinds, 1601b. to 2201b., si*d'. New Zealand Pigs.—First quality, 601b. to 1001b., average 901b., sjd; 1011b. to 1201b., sd. All other sorts are unchanged. , [The Bank of New Zealand has received the following advice from its London office, as at the close of business this week:—Wethers: Sellers trying to force sales, have weakened prices. Ewes: Tlicre is only a poor demand. Lambs: Tlio market is steady. There is a good demand and likely to continue. Beef: The market is depressed owing to heavy stocks of Argentine. Quotations. —Wethers, light, 3Jd to a lb.; heavy, 3£d. to 3^d; ewes, to 3£d; lambs, twos, 7£d to BJd; eights, 73d to Bid; fours, 7J(I to B^d; seconds, 6'id to 7d; ox hinds, 4d to 4,[d; fores, 3d to 3id; cow hinds, 3jd to 3^d; fores, 2sd to 3d.] COTTON, RUBBER. JUTE, ETC. (Last week's prices in parentheses.) Cotton.—March delivery, 5.60 d (February, 5.53 d) per lb. Rubber. —Para, 4jjd (5 l-8d) per lb; plantation and smoked, 3 13-16 d (3 7-8 d) per lb. Jute.—February-March shipments, £l4 7s 6d (£l4 12s 6d) per ton. Hemp.—No. business is being done. January-March shipments nominally, £2l 10s per ton. Copra. February-March shipments. South Sea, £l4 5s (£l4 12s 6d) per ton; plantation, Rabaul; £l4 7s 6d (£l4 15s) per ton. Linseed Oil.— £lB lOe (£l6) per ton. Turpentine.—37s (35s 3d) per cwt. NEW COMPANIES FORMED. REGISTRATIONS IN AUCKLAND. The following private companies have been registered 111 Auckland: — New Zealand Draper, Limited, newspaper proprietors. Capital, £2OOO, in £1 shares. Subscribers: Charles Augustus Wilson, 1990, shares; Brent Llewellyn Bagnail, 5 shares; Stuart Lambert Armstrong, 5» shares. Now Guinea Gold Exploitation, Limited, miners and prospectors in New Guinea or elsewhere in Australasia. Capital, £ISOO, in 75 shares of £2O each. Subscribers:' Harold Alexandei Ferguson, one share; Arthur Greenhalgh, of New South Wales, one share; Algernon Phillips Withiel Thomas, two shares; Nellie Auber-Jones, one share; Henry Theodore Castaing, 70 shares. Distributors Hardware Company, Limited, ironmongers. Capital, £2OOO in £1 shares. Subscribers; George Edward Vincent Pearce, of Putaruru, 1400 shares; Annie Lillian Pearce, of Otahuhu, 300 shares; Charles Vincent Pearce, of Putaruru, 300 shares. Geddis and Blomfiekl, proprietors of the New Zealand Observer. Capital, £SOOO, in £1 shares. Subscribers: Trevor Morrin N Geddis, of Napier,. 1100 shares; Clifton Stewart, Geddis, of Napier, 500 shaies; Myra Haslelfc Geddis, of Napier, 500 shares; Doreen Geddis,-of Napier, 500 shares; William Blomfield, of Auckland, 1750 shares; George Henry Dixon, of Auckland, 150 shares; Eric Adams Blomfield, of Auckland, 500 ehaies. i

AUCKLAND EXCHANGE. V. Return on Sale Price. Investment. £ 8 cl fad Auck. Har. Bd„ '39, 5i 95 30 0 5 19 4 Nat. Bank of N.Z. . 4 16 0 6 5 0 Taupiri. Coal (pref.) 1 1 6 7 8 10 Waihi Mining 0 15 3 13 2 3 The following sale also look place.—New Zealand Refrigerating (10s paid), Is Gd. CHRISTCHURCH EXCHANGE. Bank of N.Z. ... '2 2 9 Bank of N.S.W-. ., 2C 5 0 Goldsbrough-Mort .. 0 16 8 N.Z. Breweries .. -1 11 11 Ditto (2) . . .. 1 11 10 Ditto 1 11 9 Tooth's Brewery ,. 0 19 7 Death and Coy. .. 10 0 *No interim dividend. > 6 14 1 6 17 1 9 8 0 9 8 6 9 9 0 11 9 9 10 0 0