CUSTOMS REVENUE LOWER

Sun (Auckland), Volume III, Issue 886, 1 February 1930, Page 12

CUSTOMS REVENUE LOWER

FIGURES FOR AUCKLAND MOTOR SPIRIT INCREASE Both customs and excise duties levied at the Port of Auckland during January show a decrease as compared with those for January, 1929. Duty on motor spirit alone shows an increase. nearly 20 per cent, more being imported. Following are the figures, those for last year being given in parentheses: £ £ Customs duty .. .. 187,830 (211,056) Duty on motor spirit 38,833 (.31,93 9) Duty on motor tyres 2,987 (4.998) Total £229,650 (£247,970) Excise on beer .. .. £5,534 (£11,652) CHRISTCHURCH RECEIPTS CONSIDERABLE DECREASE Press Association CHRISTCHURCH, Friday. Decreases in the customs duties, the beer duty, and the motor spirit tax are features of the January customs returns. The net customs revenue as compared with last year was: January, £100,045 (£106.419); beer duty, £7,057 (£7,554): motor-spirit tax, £13.758 (£14,824); tyre dutv. £1,704 (£3,535). CUSTOMS UP IN DUNEDIN BEER DUTY DOWN £4,500 Press Association DUNEDIN, Today. The Customs returns for the month of January, 1930, show an increase over those of the same period of last year, except in a case of beer duty, which shows a decrease of about £4,500. There is an increase of £6,000 in Customs duty and an increase of about £4,500 in motor spirit tax. The tyre tax lias also shown an increase of over £4,000. Following are the month’s figures compared with those of January, 3 929: Customs returns, January, 3 930,

£81,241 0s 9d (£75.241 0s 33d); beer duty, £19,362 17s 3d (£23,996 5.s Sd) : motor spirit duty, £9,969 16s 4d (£5,578 4s); tyre tax, £2,096 7s ( £ 1,656 4s). BANK OF ENGLAND WEEKLY RETURN LONDON, Thursday, return. foUow * ns ‘ is tlie Ban k of England Issue Department

Notes issued:— In circulation £348.017.972 In banking department .. 62! 116’.575 Government debt 11,015 000 Other Government securities 233*,694*935 Other securities 10,806,’329 feilver coin 4,483,636 Amount of financiary issue 260,000,000 Gold, coin and bullion.. .. 150,134.547 Banking Department Proprietors’ capital 14,553 000 Kest.. .. 3,587,819 Public deposits 14.592.559 Other deposits, bankers .. 67,463.302 Other accounts 35,987,303 Seven-day and other bills . . 2,998 Government securities . . . . 54,300,615 Other securities, discounts. advances 19.476,470 laches 61,116.575 Gold and silver coin .. .. 293.621 SHORT LOANS AMD BILLS Tlie Bank of England rate of discount is 5 per cent., to which it was reduced on December 12, from per cent. Short loans are quoted at 4 per cent., compared with oil per cent, .last week. The market rate of discount for best three months’ bills is 3 15-16 per cent., as compared with 3 29-32 per cent, last week. FOREIGN EXCHANGES The following rates on foreign exchanges are current today, compared with the cabled quotations on January 28 and par:—

HAWKE’S BAY RAM FAIR SOUTHDOWNS POPULAR Press Association HASTINGS, Today. The Hawke’s Bay ram fair continued this morning in very warm, sunny weather, on the Hawke’s Bay A. and P. Society’s showgrounds* at Tomoana. The English Leicester flocks did not attract, the greater portion being passed over. The top price was seven guineas. The Ryelands and Cottledowns also failed to find a ready market. The main offering of Southdowns was fairly generally sought after, the top price at the luncheon adjournment being 12 i guineas. The top price 3-es-terday for Romneys was 3 9 guineas. Tomorrow* stud rams and stud ewes will be offered.

Jan. SO. Jan. 28 Par. Montreal, dol. . 4.911; — 4.S66 New York, dol. . 4.86 17-32 4.86 1732 4.866 Paris, fr 123.95 123.89 3 24.21 Brussels, belga . 34.935 34.935 35.00 Geneva, fr. . . . 25.21 25.185 25.22Amsterdam, fl. . 12.11 5-8 12.11 1S 12.10 Rorae, lire . . . 92.98 92.98 92.46 Berlin, r.m. . . 20.365 20.365 20*43 Stockholm, kr. . 18.125 IS.125 18.3 59 Oslo, kr. . . . 3 8.21 18.23 5 18.359 Copenhagen, kr. 18.19 18.185 18.3 59 Vienna, sch. . . 34.57 34.57 34.58i Prague, kr. . . 164 5-8 164J 24.02 Helsingfors, m. . —• 3 932 Madrid, pes. . . 36.425 37.925 25.225 Lisbon, escue. . 3 08.25 10S.25 Athens, dr. ... 375 375 375.00 Buckarest., lei. . 818 818 25.225 R. de Jan., mil. 5 21-32 5 11-16 R. Ayres, dol. . T 44 9-3 6 44 15-16 47.57d Calcutta, rupee. 17 7-8 17 7-S 18d Shanghai, tael . — 24 Hong-Kong, dol. — 3.8 3-8 Yokohama, yen. 24 7-32 24 7-32 24;58d Batavia, 11. . . 12.131 12.13 12.10 CONSOLS AND COLONIAL STOCKS The following table gives quotations for consols and colonial inscribed stocks, compared with those of January VariaPrice tion. £ s d s d Consols, 2*- per cent. 54 0 0 3 0 0* Fund. Loan, 4, 1960-90 86 10 0 17 GiWar Loan, 5, 1929-47 100 15 0 la ot Conversion Loan, 35 . 75 8 9 6 3* Victory Bonds, 4 . . . 93 10 0 2 6* Com’wealth, 55, 1922-27 85 7 6 50 0* Com’wealth, 6, 1931-41 98 10 0 5 0t Victorian. 3, 19,29-49 . 60 0 0 60 0* Victorian, 31, 1929-49 . 66 15 0 3 5 0* Victorian, 51, 1930-40 . 94 5 0 20 0* Victorian, 5, 1932-42 . 85 10 0 42 6* Victorian, 42, 3940-60 . 80 17 6 3 2 6* N.S.W., 4, 3 933 ... 90 0 0 20 0* N.S.W., 3, 1935 .... 83 2 6 17 6t N.S.W., 31, 1930-50 . . 65 15 0 10 0* N.S.W.. 52, 3 922-32 . . 99 0 0 Same. X.S.W., 61, 1930-40 . . 99 0 0 Same. X.S.W.. 67 1930-40 . . 95 15 0 10 0* Queensland, 31, 3 930 . 9S 7 6 2 6+ Quensland, 3. 3 922-47 . 63 0 0 40 0* Queensland, 6, 1930-40 . 95 10 0 3 0 0* X'. Zealand. 41. 1949-58 93 0 0 10 0* New Zealand, 31, 1940 86 15 0 5 Ot New Zealand, 3. 1945. 78 2 6 1 3t New Zealand, 6. 1936-51 102 17 6 7 6* S. Australia. 31, 1939 . 80 0 0 20 0t S. Aus., 3, 193 6 or after 51 5 0 5 0* S. Australia. 61, 1930-40 98 10 0 5 0* Tasmania, 31," 3920-40. 77 15 0 25 0* Tasmania, 3, 1920-10 . 76 0 0 20 0+ Tasmania, 61, 1930-40 . 99 6 3 6 ot W. Aus., 31, 1929-35 . 86 10 0 Same. W. Aus., 3, 1915-35. . 83 3 0 0 20 0* W. Aus.. 6. 1930-40. . 95 5 0 tHiglier. * Lower. 35 0*