STOCK EXCHANGES.

New Zealand Herald, Volume LXVIII, Issue 20929, 20 July 1931, Page 5

STOCK EXCHANGES.

SATURDAY'S SALES., RETURN ON INVESTMENTS. . . /. ■ ' I ' J; 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 annual dividend, from investment at the quoted price. In the case of Government and other redeemable securities the return includes redemption. In calculating the returns on shares in companies which pay their dividends outside New Zealand exchange rates, being liable to fluctuations, have not been taken into consideration. The first column gives the figures at which the sales were made:— AUCKLAND EXCHANGE. Ifeturn on Sale Price. Investment. £ed £ 8 d Inß. Stic., 1933, South British In. . . 211 0 5 4 7 Whittome-Stevenson 1 2 6 Waihi 0 15 7. 12 16 8 Waihi Junction ..0 3 9 817 9 WELLINGTON EXCHANGE. Ins. Stk., 1938, 41 . . 9S 10 0 ils 2 CHRISTCHURCH EXCHANGE. Ins. Stk., 1933, 6| . . 99 12 C> 5 11 10 Goldsbrough-Mort' (2) 1 0 3 418 10 The following sales also took place:— Okarito, 10s 7d, 10s 6d; Golden Point. Is paid, 2s. DUNEDIN EXCHANGE. The following sale' took place:—Golden Point, 2s. : 'lnterim dividend reduced. NEW COMPANIES. SOUTHERN REGISTRATIONS. The following private companies have been registered in Southern centres: — Horopito . Sawmilling Company, Limited, Wnnganui, 'timber merchants, sawmill proprietors, etc. Capital, £SOOO, in £1 shares. Subscribers: R. J. Jackson, 4500 shares; Eliza A. Jackson, 500 shares.

t ßarnao's Fish Market, Limited, Wellington, wholesale and retail fish, merchants, etc. Capital, £4OOO, in £1 shares. Subscribers: B. Barnao, 2900 shares; G. Barnao, 1000 shares j J. E.. Barnao, 100 shares.

D. A. Preston, Limited, Waipawa, carriers, etc. Capital, £2500, in £1 shares. Subscribers; D. A. Preston and Hilda M. Preston, 1250 shares each. ' Priscilla Lingerie Company, Limited, Wellington, manufacturers of ladies' underwear and lingerie, silk mercers, costumiers, etc. Capital, £2OOO, in £1 fihdres. Subscribers: JDorothy Levin, 1749 shares; H. ,V. Hoolc, 249 shares; J. Meltzer, 2 shares. > ' ' Dorothy Paterson, Limited, Invercar.gill, restaurant proprietors, etc. Capital, £2OOO, in £1 shares. Subscribers: D. Paterson, 1999 shares; O. G. Gilmour, 1 share.

CANADIAN EGG TRADE. ' AUSTRALIAN COMPETITION. (Received July 19, 5.5 p.m.) VANCOUVER, July 18.

The members of the British Columbia egg pool, who say the egg clause in the trade treaty with Australia will drive them out of business, are urging the Government to reconsider the admission of Australian eggs. The country, they say, is producing more than Canada needs now,, and could export more, if a market were found in the Australian spring, the autumn iri Canada, when the egg supply is always above the local requirements.

LONDON DAIRY VALUES. PRODUCE BOARD'S REPORT. ) The New Zealand Dairy Produce Board has received the following market report from its London office, dated July 17, prices for the previous week being given in parenthesesButter.—New Zealand: Salted, 113s, 115s to 116s (113s to 115s); unsalted, 11® to I.lßs (114s to 118s); 113s to 115s equals, approximately, lljd. f.0.b.; first whey, 104s (106s) ; \second whoy, 102s (104s). Deliveries, New Zealand this week, 1,331 tons; in store, 5050 tons. Australian: Salted, 409s to Ills (107s to 109s); .nusulted, 109s to 112s (108s to 110s), A rgentine: v Urisa 1 ted,; 108s to 110s, ax 112s (108s to 112s). Irish Cream: Salted, 117s to 118s; unsalted, ■]2os. Danish: 116s f.0.b., 121s to 122s spot, (116s, f.0.b., 121s to 122s spot). Dutch: Unsalted, 126s to 128s (122s to 1245), Estonian: Salted, 108s to 112s (108s to 110s); unsalted, 108s to 114s (108s to 112s). Latvian: Salted, 108s (108s to 110s); unsalted, 1198s to . 110s (106s to 112s). Siberian, 98s (94s to 98s). Vkranian, 98s. Polish:. Salted, 92s to 98s (90s to 965); unsalted, 94s to'lo2s (96s to 98s). • Market quiet. Now Zealand retail price, Is 2d ; Danish, Is 3d. Empire Marketing Board's estimated stocks of all'butters in store, 797,060 boxes; last year, 1,188,391 boxes. Arrivals of butter from Poland, Baltic States and Russia this week, 1500 tons. Cheese. —New Zealand: White, 60s, 61s to 62s (58s to 60s); coloured, 63s to 64s (61s to 635); 60s to 64s equals, approximately, 6d f.o.b. Deliveries, New Zealand this week, 21.500 crates; in store, 136,500 crates. Australian: White, 60s (58s); coloured, 62s (605)., Canadian: White and coloured, 68s to 74s (68s to 745). Delivieries, Canadian, 6258 boxes; in store, 137,440 boxes. English finest farmers: 70s to 75s (70s to 755). Market steady. New Zealand retail price, Bd.

MERCHANTS' REPORTS. , The New Zealand Producers' Co-opera-■tivo Marketing Association, Limited, has received the following cablegram from its London office, dated July 17: —Butter 1 is quiet.. New Zealand, 113s to 115.<; unwilled, 116s to 118s i Danish, 121s to 1225. Cheese is steady. White, 60s to 61s; coloured, 63s to 645. _ " A. H. Turnhull and Company, Limited, has received the following cablegram from its principals, Messrs, W. Weddel and Company, Limited, dated London, July 17: —Danish butter, 121s to 1225; New Zealand unsalted butter, 116s to 118s; salted, 113s to 115s. Market quiet. New Zealand cheese,' -white, 60s to 61s; coloured, 63s to :645; Canadian cheese, while, 59s to 625; 'coloured, 60s to 635. Market steady. " ; , .'. . WORLD'S WHEAT CROP. . ' LOW PRICES EXPECTED. ) WASHINGTON, July 17. The Agricultural Department announces that the present prospects for. the world's wh'eat crop and the indications of the probable demand point to another year of very low prices for the world as a whole. • . .. ■ , ' CHICAGO WHEAT MARKET. CHICAGO. July 18. Wheat.—July, 52 5-8 cents a bushel; September, 53£ cents; December, 58 cents.