YESTERDAY'S SALES.

Press, Volume LXVIII, Issue 20498, 17 March 1932, Page 12

YESTERDAY'S SALES.

CHRISTCHURCH. Sales on 'Change — , st 8. Q' Christchurch City per cent., 1932 ... -v, 10 * J « Comm. Bank of Aust. (pref.) 0 New Zealand Breweries ... 1 3 4 British Tobacco (cuin div.) \ 7 Q 1 16 11 ~, T ~ (2) 019 6 Mt. Lyall w 0 19 7 Golden Dawn ••• .*■/ n Q 0 Okarito u Sales Reported— N.Z Govt 4| per cent. 0 Inscr., 1938 „ 19 o N.Z. Farmers' Fertiliser ... % % 7 Bank of New Zealand w AUCKLAND. Sales on 'Change — £ s d Commercial Bank ••• ? H N.Z. Insurance ••• o q (j South British Insurance ... - » " Auckland Gas • ,1 k 3 Farmers' Trading ••• u 0 Farmers' Trading (B pref.) 010 i Blackwater ••• 013 King Solomon . 0 16 0 Waiht ••• '• n 7 1 Golden Dawn ... u WELLINGTON. Sales Reported— £ s d Five and a half per cent. . Feb., 1973 .. 97 10. U Five and a half per cent., ■ Sept.. 1937 - M o 0 Woolworths (pref. rights) 02 9 Blackwater Mines ••• u u dunedin. Sale on 'Change— £ <■ j King Solomon .. • • 0 12 Sales Reported— Bank of New South Wales 25 0 0 Olrnritrt . . -,..09U BJ per cent. Stock (1937) 97 10 0 SYDNEY. General weakness characterised dealings on the Sydney Stock Exchange yesterday (reports a Press Association cable message). Short-dated Bonds, Colonial Sugar, Bank of New South Wales, and Barrier stocks wero easier.

Morning Sales— *' £ s. d. 4 per cent. Bonds, 1938 .. 94 12 C 4 per cent. Bonds, 1944 .. 91 18 9 4 per cent. Bonds, 1947 .. 90 0 0 Goldsbrough, Mort • • 1. 4 9 4 per cent. Bonds, 1938 ... 94 7 6 4 per cent.. Bonds, 1941 .. 92 12 6 4 per cent. Bonds, 1944 .. 92 1 3 4 per cent. Bonds, 1950 .. 90 12 6 4 per cent. Bonds, 1953 .. 90 10 0 4 per cent. Bonds, 1957 .. 91 2 6 4 per cent. Bonds, 1959 .. 91 15 0 4 per cent. Bonds, 1961 .. 90 2 6 Bank of New South Wales 28 15 0 Queensland Insurance .. 24 0 Colonial Sugar 40 15 0 Millaquin Sugar .. 1.4 0 Fairyinead Sugar 1 3 3 Australian Gas A. 5 1 6 Australian. Glass ' ; vl:14 9 Tooth's Brewery .. 1 5 9 Toohey's Brewery, ex div. 016 9 Goldsbrough, Mort .. 1 4 6 Howard Smith ~070 Dunlop Perdriau (prcf.) .. 1 6 0 Gordon and Gotch . . 16 9 British Tobacco .. 1 10 6

MELBOURNE. : ■ ■ £ s. d. ,Dunlop Perdriau .. 011 2 JSouth. Broken Hill ; 2 6 6 North Broken Hill .. 3 7 6 QUOTATIONS FOR DEBENTURES. Referring to Stock Exchange quotations for Government, Municipal, and similar debentures and stock, the Wellington Stock Exchange states, that in the past all sales of Government and similar debentures have been, made subject to interest being adjusted as at date of sale, i.e.. the buyer pays the seller the amount of interest accrued tup to and including the day of sale, and he then" collects the full naif-year's interest when it becomes due. In view of possible legislation affecting interest it has been decided by the Stock Exchanges of New Zealand that in future there shall be no interest adjustment, any accrued interest belonging tq the buyer, who will naturally take this into consideration in the price he pays for such Stock.

LONDON SHARE MARKET. BANK AND MERCANTILE STOCKS. (united press association— by electbic . TELEQBAPH— COPTBIOHT.) (Received March 16th, 5.5 p.m.) LONDON, March 15. Quotations on the Exchange (compared with those on March Ist) are as follows : March 1. March 15. Banks— £ s. d. £ «. d. Australasia .. • .. 717 6 712 6 New South Wales .. 21 7 6 *2O 15 0 Union (Australia) ' .. 535 0 510 0 National (New Zealand) 3 6 3 3 3 9 Bank of New Zealand, 4 per cent. - .. 90 10 0 90 10 0 Bank of New Zealand (shares) .. .. 2 6 0 2 7 6 Mercantile Stocks— N.Z. Loan and Mercantile, 4 per cent, debentures .. 57 0 0 57 0 0 N.Z. Loan and Mercantile (ordinary) 32 10 0 .32 10 0 * Ex dividend.