STOCK EXCHANGES.

New Zealand Herald, Volume LXVIII, Issue 20959, 24 August 1931, Page 5

STOCK EXCHANGES.

SATURDAY'S SALES. . 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 hist 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 EXCHANCE. Return on Sale Price. Investment. £ r. d. X r. d. Com. Bank Aus. . . 013 t> 8 0 8 South British Insur. 210 G 5 5 7 Woihi . . . 015 8 12 15 3 The following sale also took .place late oil Friday:—Waihi, 15s Bd. WELLINGTON EXCHANGE. Ins. Stk.. 1938. 41 . . 08 5 0 4 16 0 War Bonds, 1033. -i \ 98 5 0 416 0 Ak. Bar. Bd„ '37, 51 07 0 0 5 17 1 S. British Insurance 211 0 5 4 7 Ditto . . .. 2 10 o 5 5 1 N.Z. Breweries ..19 8 8 8 ti CHRISTCHURCH EXCHANGE. Ins. Stk . 1951. 5J . . 100' 0 0 5 10 0 N.Z. Breweries . . 1 9 8 8 8 6 oldsbroush-Mort . . 010 3 5 311 N.Z. Itefrig. (I.os pdj 0 310 Ditto 0 3 9 Mt„ Lyell (?) . . 016 10 * The following Bales also took place:— Cornish Point, 7Jd; King Solomon, 2s GJd. 2s 7d; Golden Dawn, 5s Bd. * Interim dividend reduced. TAURANGA DAIRY FACTORY. TRIBUTE TO THE MANAGER. [BY TELEGRAPH. —OWN CORRESPONDENT. J TAURANGA, Saturday. At an extraordinary meeting of shareholders of the Tauranga Co-operative Dairy Association to-day the factory manager, Mr. E. Gilbert, was presented with a gold watch in appreciation of his success in winning the New Zealand butter championship at the last Waikato Winter Show. LONDON DAIRY VALUES. PRODUCE BOARD'S REPORT. Tho New Zealand Dairy Produce Board has received the following market report from its London office dated August 21, prices for the previous week being given in parentheses:— Butter.—New Zealand, salted, 114s to 116s, ex. 118s (112s to 116s); unsalted, 112s to 116s, ex. 118s (114s to 118s); first whey, 106s (106s); second whey, 104s (104s); deliveries, New Zealand, 1150 tons; in store, 6000 tons. Australian, salted, 110s to 112s (109s to 112s); unsalted, 109s to 112s (110s to 114s); doliveries, Australian, 900 tons; in store, 1925 ton's. Danish, f.0.b., 128s; spot, 130s to 1345. Dutch, unsalted, 120s to 126s (112s to 116s). Estonian, unsalted. 112s to 114s (110s to 113s). Latvian, unsalted, 110s to 113s. Siberian, 93s to 94s (92s to 945). Polish, salted, 94s to 96s (90s to 965); unsalted, 94s to 100s (90s to 100s). Lithuanian, unsalted, 106s to 112s. Market firm, quieter at close. New Zealand retail price, Is 2d; Danish, Is 3d. Cheese.—New Zealand, white, 62s to 63s (61s to 635); coloured, 64s to 65s (63s to 645). Deliveries, New Zealand, 22.135 crates; in store, 112,915 crates. Australian, white, 61s (60s to 61s); coloured. 62s to 63s to 64s (61s to 625). Canadian, white and coloured, 66s to 72s (68s to 725) ; new season's, white, 62s (61s to 635); coloured, 63s (62s to 655); c.i.f., 61s 6d (60s). Deliveries, Canadian, 7200 boxes; in store, 181,000 boxes. English finest farmers, 70s to 753 (70s to 755). Market steady. New Zealand retail price, Bd. Tho board has received the following advice from its agents in Canada:—Butter: New York, 29 cents (Is 2£d); Montreal, 22 1-8 (11 l-16d). SALES OF FRUIT. SOUTH AMERICAN DISPOSALS. The New Zealand Fruit Export Control Board has received the following cablegram from Messrs. J. Peluffo and Cia, selling agents, Buenos Aires, South America:—Sales since last telegram ex Maimoa, Jonathan, 699 extra fancy and 349 cases fancy, 5s 7d a case; Matakana, Delicious, 2550 cases extra fancy, 10s 8d a case; 975 cases fancy, 10s lOd a case; net realisations are at to-day's rate of exchange, 32£ per cent. DISPERSAL SALE. MR. 11. C. BULL'S DAIRY HERD. A very representative bench of buyers attended the dispersal sale of dairy cattle conducted by Dalgety and Company, Limited, at Puketutu, Mangere, on Friday, on behalf of Mr. H. C. Bull, who has relinquished dairying. Tho cattle were offered in exceedingly good condition, and being a town supply herd all tho cOws j had either calved or were in profit. The ! demand was keen and there was a total clearance of 118 head at values which were better than which have ruled recently. Good-quality young cows in profit made from £lO 10s to £l2 10s; other good young cows in profit, £8 to £10; late calvers, £5 to £7 10s; older cows, £4 to £5; fat cows, £5 to £7 15s; light fat cows, £4 to £5; good springing heifers, £7 5s to £7 10s; other heifers, £5 to £6 10s; backward heifers, £4 to £5. STOCK SALES. MORRINSVILLE QUOTATIONS. The Farmers' Co-operative Auctioneering Company, Limited, reports:—At the Mortinsville stock sale en Friday heavy yardings of fat sheep and fat cattle and a medium yarding of store cattle were penned. Fat sheep were slightly easier of sale, but late rates were fully maintained on fat cattle. Fat pigs met with fair competition. There was an extra heavy yarding of stores and weahers, the latter selling at usual high spring prices. Quotations:Sheep: Fat wethers, 23s Cd to 23s 9d; lighter wethers, 16s Cd to 18s Gel; fat ewes, 12s 8d to 14s; fat hoggets, prime, 18a 6d to £1; heavy fat hoggets, 14s to 16s 6d; light fat hoggets, lis to 13s; sound-mouthed ewas and lambs, 14s (id. Cattle: Fat bullocks, heavy, £lO 5s to .-£lO 17s; medium fat bullocks, £9 10s to £9 12s; fat steers, £7 bs to £8; runners, £5; fat heifers, £5 7s 6d to £7 Is; fat cows, heavy, £6 to £7 12s; medium, £4 19s to £5 ss; light, £3 10s to £4 17s; forward-conditioned cows, £2 7s 6d to £3 4s; fresh store cows, £1 12s to £1 10s; boners, 10s to £1 2s; Jersey-cross yearling heifers, £2 to £2 15s. Dairy stock: Jersey heifers, close to profit, £7 10s to £9; more backward, £5 10s to £7 ss; poorer sorts, £2 10s to £4 15s; Shorthorn heifers, £6 to £8; Jersey cows, good sorts, £G 10s to £10; poorer sorts, £2 to £4 15s. Pigs: Medium and heavy baconers, £2 12s to £2 18s; light baconers and* porkers, £2 4s to £2 9s; light and unfinished porkers, 34s to £'2 Is; stores, 27s to 35s (3d; slips, 22s to 2Gs; good weanel's, 19a to 255; smaller, 13s to 17s. CHICAGO WHEAT MARKET. CHICAGO, August 22. Wheat.—September, 48§ cents a bushel; December, 52£ centaj March, 55£ cents; May, 57£ cents.