FINANCE AND TRADE

New Zealand Times, Volume LXXI, Issue 4308, 18 March 1901, Page 6

FINANCE AND TRADE

The Customs returns for the past; week :unounted to £7707 los lOd, the beer duty received being £279 Is; the returns for Saturday totalled £1237 12s 4d. COMMERCIAL CABLES. PRESS ASSOCIATION. LONDON. March It BANK OF ENGLAND RETURN. . The Bank of England return issued for the week ending Wednesday, 13th March, is as under:

GOVERNMENT SECURITIES. The following are the latest quotations for Government securities, and a comparison with those ruling last week:

'lnterest payable in May and November, f Interest payable in January and July, j Interest payable iu April and October. MONEY MARKET. Tile market rate of discount for best three months' bills is 3-16 lower, at 3.1 per cent. The Bank of t England rate is 4 .per cent., as against 44 per cent, on the 20th February and 5 per cent, on the 6th February. COLONIAL AND OTHER PRODUCE. Wheat. —The markets are quiet, but rteady. The French market is weak. Cargoes are firm. Victorian FebmaryMarch shipments, 29s 9d per quarter; sailer parcels, 28s 6d per quarter. Sugar is steady. German beet, 88deg., unchanged, at 9s per pwt.; first mark, granulated, f.o.b. Hamburg, unchanged, at 10s 101 d per cwt. Butter is very dull. Choicest colonial, 103 s; Danish is recovering, l and is now quoted at 112 s, an advance of 2s since last week. Cheese is flat. New Zealand is quoted at 49s to 50s. Bradford Tops.—-The market is quiet. Common sixties, Id higher, at 18d per lb; super sixties, id higher, at 18jd per lb. Wool.—At the London sales there is good competition, with prices unchanged. THE PRICES OF METALS. Copper is quiet. l Spot, 20s lower, at £69 12s 6d per ton; three months’, 10s lower, at £7O 2s 6d per ton. Tin is dull. Spot, 40s lower, at £llß 5s per ton; three months’, 45s Tower, at £ll4 15s per ton. Lead, 10s lower, at £l3 5s per ton. Spelter, 12s 6d lower,“ at £l6 10s per , ton. Silver—Bar silver is quoted at 2s .4 l-16d per oz. COAL EXPORTS. ‘ GREYMOUx'H, March 17. The coal exports fnr the week were : —Blackball Coal Company, 1305 tons of coal; Brunner Coal Comp’any, 3654 tons lewt coal, 39 tons 15bwt coke and 13 tons 7owt bricks.

Issue Depautmekt. Note issue .. £52, SGI ,000 Gov. debt .. £11,015,000 Other' seouri ties 6,760,000 Sold.. SI SfeC.000 £52,361,000 £52,361,000 Banking Department. * Proprietors' Gov. seouricapital .. £14,553,000 ties 12,305,000 Public deOther ae* posits .. 12,275,000 ouritios .. 30,851,000 Ocher doNotes .. 23.8D6.00u posits .. 83,090,000 Coin.. 1,814,000 Rost). 7-day aod other bills .. 3,966,000 £08.8-30,000 £68.886,0C0 The leading items of the Bank or England return afford i ho f ollowing comparison: — This Last List Week. Week. Year. £- £ £ Bullion .. 34.586,000 34,652,000 33,948.000 Reserve . .. 25.730.000 25.427,000 24.446. uO Note circulation .. 28.4(35,000 28,662.000 2b,187.0f0 Deposits . . .. 50,307,000 51.949,000 03,017,000 Proportion reserve to liabilities .. 50*88 48*71 38.31

— PriceVariation. £ a. d. i? % Imperial Console 9(1 10 0 5/- lower I % New South Wales 115 0 0 Unchang d 14 % New South Wales 102 15 0 6/- lo\V’*r 1 % Now South Wales 98 IS 0 Uncharged k % Victorian 109 0 0 Unchanged Jj % Victorian 103 10 0 Uncharged 4 % Victorian .. .. Bi % South Australian 106 6 0 B/- higher 93 0 0 Unchanged 1 % Queensland 107 0 0 Unchanged 3<[% Queensland 103 0 0 10/- higher 1 % New Zealand* 115 0 0 Unchanged Sty % New Zealand!108 5 0 5/- h'gher 3 % New Zealand! 97 0 0 Unchanged 3$ % West Australian 101 0 f Unchanged 3* 9U T’n.qmanfn.n 103 5 *4 J/- higher