FINANCE AND TRADE.

New Zealand Times, Volume LXVIII, Issue 3581, 5 November 1898, Page 2

FINANCE AND TRADE.

ENGLISH COMMERCIAL. By Telegraph.—Prune Association. — Copyright. Received November 4.10.20 P-m. „ London, November 3. BANK OP ENGLAND. The Bank return is&uod for the week ending Wednesday, November 2nd, is as under: Issue Department. Note Issue .. £40,335,000 Gov. debt . - £U,OUOOO °S BCC “ r . 5,785,000 Gold .. .. 29,535,000 £46,835,000 £40,335,000 Bankino Depamment. Proprietors’ dor, seciin- rnfwl capital .. £14,553,000 ties -• £10.560,000 Public do- • Other sconri- . posits .. 6,918,000 ties .. Other da- Notes .. 18.702.000 posits .. 86,857,000 Com .. .. 2,838,000 Rest, 7-day and other bills .. 8,257,000 _____ £00,116,000 £00,115,000 Tho loading items of the Bank of England return afford the following comparison : Last week Last year £ £ £ Bullion .. 29,635,000 29,350,000 Reserve .. 21,100,000 21,237,000 20,715,000 N ti t on.l ! * Cal . a .' 27,573,000 27,070,000 27,579,000 Deposits .. 42,805,000 48,644,000 43,868,000 Proportion Reserves to Lia- tmM bilities 4970 48*65 4703 MONEY MARKET. The market rate of discount for best three months' bills is & higher than last week at 3 11-16 per cent. The Bank of England rate is 4 per cent, as against 3 per cent, on 22nd September and 24 per cent, on Sttn June. CONSOLS AND COLONIAL STOCKS. The following are the latest quotations for consols and colonial inscribed stocks, and a comparison with those ruling last week Prices. Variation. £ s. d. 22% Imperial Consols ..108 15 oUnchanged 4% Now South Wales ..118 0 OlUnohanged 84%New South Wales ..105* 5 o,Unchanged 8% New South Wales .. 100 0 0 20/- higher 4% Victorian .. ..11l 00, Unchanged 84% Victorian .. .. 105 0 0, Unchanged 85% South Australian .. 108 0 0 20/- higher 8% South Australian ..100 0 o:Unchanged 4%Qaecnsland .. •• HO 10 0,10/- lower 84% Queensland . • .. LOS 0 0 20/- higher 4% New Zealand* .. 113 0 0 20/- higher 84% New Zealand* -. 107 6 0 Unchanged £l% New Zealand! ..98 0 0, Unchanged 84% West Australian .. 104 0 0 Unchanged Bi% Tasmania .. .. 107 0 0 Unchanged ♦lnterest payable in May and November. /Interest payable in January and July, flnterent payable in April and October, WHEAT.

The English, Continental and American wheat markets are quiet, but steady. For Australian cargoes landed 3ss per 4901 b is being asked, a fall of Is since last week. According to ** Bradstreot’s ” estimate the American visible supply of wheat .east of the Rockies amounts to, 3I;870,Q00 bushels, as against 29,463,000 bushels o\i the 19th ult. , ‘SULAU. The sug&r market is dull, Java oano No. 15 D.S, at 12»por owt is unchanged. German beet, 88deg, at 9a 74d, is unchanged. p:g iron. Glasgow warrants No. 1 is 3d lower at 49s 6d per ton f.o.b. Clyde. WOOL. The Bradford wool mirkot is depressed,’ BUTTER. Butter is very dull. Colonial is in poor demand at from 10 la to Iloa per cwt, aa against 106 s to 112 s last week. Danish Butter is Quoted at 112*, a‘B compared with 118 a lastiveok. RABBITS. Rabbits are , weak. AustrdJiin, at B£d, show a decline id since last week.