FINANCE AND TRADE.

New Zealand Times, Volume XXX, Issue 6493, 13 April 1908, Page 4

FINANCE AND TRADE.

BANK or ENGLAND, WEEKLY KETL'KN. PIIBBS ASSOCIATION. LONDON, April 10. ,-Tho Bank of Enahjml return issued for •ho week ending Wednesday, April Bth, w na under:

GOVERNMENT SECURITIES. The following aro llio latest quotations for Government securities, with a comparison of those ruling last week:—

•Intercut payable in May and November. flntereet payable in January and July. Xlnfcertwt payable In April and October, TUB MON BY AfARXCET. The Bank of England's rate of dii> count for bc«t throe month*' bills is tniolutngcd lit 3 par coat. Tho open market rate is 2s 6d higher at £2 10s I>or cant. COLONIAL AND OTHER PRODUCE. Wheat. The market is depressed. Continued heavy shipments t and weak •Amdnoan quotations are discouraging buyers and deterring them from opemtxng. Cargoes are dull—*lhs 9d is asked for Australian afloat; 30s 3d MarciiApril shipment; 35s Okl steamer parcels. Australian on spot is scarce at 3Hs to OSs 6d; Nc*w Zealand iong-borriod, sk* Gd; short-berried, 33s Od. Flour. —The market is dull and weaker. Australian is unsaleable at Glasgow. Butter—Colonial is quiet and unchanged; Danish, is weaker at 10&s to 110 s; New Zealand cleared at 110 s and 113 s ia being asked for next arrival. Sugar.—Gorman bent, Us 7d, f.0.b.; Hrararorg, first marks, 13s. Wool.—Bradford market is very quiet. Quotations for tops are:—Forties, Ikl; forty-taxes. lid; common sixties, 23d; super., 23d. THE METAL MARKETS. Copper.—On spot, 20s lower at £SS 10s; threo months, 7s 6d lower at £59 per lon. Tin.—On spot, 20s higher at £ll3 10s per ton. Load.—ss lower at £l3 15s per ton. Spelt or.—Unchanged at £2l 7a 6d per ton. iron.—ls 3d higher at £2 12s 5d per ten. NATIONAL BANK OF NEW ZEALAND.

Tho statement of tho National Bank of Now Zealand, Ltd., for the quarter ended March 31st shows liabilities as follows; —'Notes in circulation, -£268,614; bills in circulation, .=£3238; balances duo to other banks, £25,205; other deposits not bearing interest, =£1,778,455; other deposits bearing interest,, £1,459,080: total, £3,£10,798. The assets arc stated lie follows;—Coined gold and silver and other coined motal, £862,803; gold and silver in bullion or bars, =£30,678; notee and bills of other banks, £56,016; balances duo from’ other bonks, JMB,S2T>; landed property, £80,005; notes and bills discounted, .£282.615; colonial Government securities, £50,000; debts due to £ho bonk (exclusive of debts abandoned as bad), =£2,566,11)3; securities not included under the abovo heads, £6473: total, v £4j003,636. Tho amount of capital stock i7M»d up at the card of March was £375,000, Itfcfcro Dnlgety and Company, Ltd., Wellington., hove rooorved the, following oaW© message from their London house, under dtasto of tho 10th instant Hem—p firmer. Wo rrooto present value Of ffood fair, =£2s 10s to £25 15s per ton. Otastomn revenue and brer duty Taosrpod at Wellington during tho past totalled respectively £15,318 IJte 3u and £IBO 4s 30d. Saturday's Customs roxurm mammfal to £lBOl Is Id. VmMMGTCm STOCK EXCItAJTOE. aamiEMrs quotations.

IfJBoa DnvaivncKM'r. £65,728,000 Qot. <l«bt Other leour!£11,015,000 tl*« 7,434,030 Gold 37,274.000 £55,723,000 £55,723,00 J fropHotam* aecurl- , OHpitftl .. £14,553,000 tloi £13,757,000 ruhllo tJeOther »®. positD .. 11,23.3,000 onritiva . 30,781,000 Other do2C,8'9,000 poalto .. 43,743,000 <J*ia 1,108,000 tout, 7-day bill3,237.000 £T'I.756,000 £72,755,000 Tho lending itorn» of tho Hank of EngZand rotu in afford tho following cornparison.: — Tblnwcok. tiftstirook. L.vjt year £ £ £ Bullion .. 37,271,000 38,312,00'! 31,001,000 Ilceoroi .. as 2«7,oo<i ao.vov.ooo 25,135.000 Not* clt*n,. . £1.914.000 24,900,00-1 SH,773,000 ©op.->Bils .. .. 54,905,000 69.004,000 57,700.000 Proportion rnaorvo (otUMlUiq ‘l .. 51,28 49.30 43.55

- Price, Variation. 24%. Imperial Consols A fl d 87 7 0 Unchanged no 0 0 fi/- higher 00 1» 0 Unchanged « % Hftvr Honth Wnleu • 80 10 0 Unchanged '4 % Victorian 1IM 10 0 10/- higher Dj% Victorian ,. 100 10 (1 10/. higher 3 % Victorian 89 10 0 South Australian 100 0 0 87 0 0 Unchanged 4 % Qnourmlarid .. 1(17 0 0 Unchiv ge ! SJ% Qiioon»l«ml .. ICO 0 0 B % Queensland .. . HU 10 I) Ill/- liigln r 4 % Now Zealand* 10:; 10 0 Unchanged 34% Nrw Zealand* 100 5 0 Lnchnngod 88 10 0 Unchanged 97 10 0 Unchanged jS % West Australian . 87 0 0 Unchanged 214% Tasmanian (I'J In 0 Unchanged 5 % Tiummnian ., H!) 0 0 Unchanged

Bad. £ B. d. £ s. d. tTEMfcaud oC E.Z. L«. _ — 5 -7 -0 _. FlXiWCUXr— ZfttCioiml Morigaps. Ltd. 3 0 0 3- a0 JSLSS. and B. Plato Land. Ltd. ... WoTlfngtoii Trust 112 0 - - Xjoo n. Ltd. ... 7 9 0 Wol’gtn Deposit and MMe. Jlan. — 0 9 0 — ■Wellington. £10 0 ■'Woffington, £5 ... — 915 0 _ ’ ISSOttANCB— .’Aw Zealand ... 517 0 __ Msat FBK3.mv.uro— Canterbury Froson Moat & 2 Chriatch'oh Mont Co. ... .. 10 7 € _, Gear Moat Co^ Ltd.. £4 9 15 0 to 0 0 _ _ Goar Heat Oo., Ltd.. £1 2 9 3 2 10 3 Railways and Shipping— W’Brtn-AIanavrata Bail 9 ft « _ Union Steam ... 1 13 9 — __ WOOLX.IW MANUMCTCIttKO— Wol'fft’u Woollen 3 0 0 — _ MlSCBlXANKOUBDonaghy Ropoand Twino Co. 6 9 0 fr-5 0 Lojland O'Brien Timber 2 A 0 Portlaml Ccmont 1 12 6 1 13 ft iV.£. Paper Hills 1 9 6 1 3 3 •Taranaki Potrotenm, £1 pd. ._ 0 6 0 Ward and Co., Ltd 4 15 0 — — Mistko— Kmramtl Baled n'n 0 0 9 0 1 0 Talma Broken HlUa 0 3 9 0 4 0 — Talisman Consoll* 2 13 3 dated 2 12 9 ,2 13 3 2 13 3 Walhl G.M. Compony Sb? Bfyer, ox ... 9 7 0 0 0 18 0