FINANCE AND TRADE.

Wairarapa Daily Times, Volume XVI, Issue 4937, 29 January 1895, Page 3

FINANCE AND TRADE.

(Specially Compiled for the WairaWa Duly Times). The returns of the Bank of England, for the week ending 24th January, show the reserve to stand at £27,H2,000, an increase for the week, of £940,000. There has been a steady influx of gold into the vaults of the Bank since the beginning of the year, as will be seen from the following Proportion to Date. Reserve. Liabilities,

The accretions for the four weeks amounted to £3,170,000. With money so plentiful, it is not surprising, that good investments are eagerly sought. The Tasmanian loan of £750,000 at per cent,, 1 floated early this month, gives an indication of the state of the market. For this loan, three hundred tenders were received, to the aggregate amount of £2,438,000, at prices ranging up to £9!) 10s. The average price was £9B 6s Id, as compared 1 with the last Tasmanian 3j per cent, loan floated, which averaged only £92. The following is a comparison of the leading items of the Bank of | England, with the corresponding!: date last year:— I Jan. 10, Jan. 10, MoveISM. 1595. nient. ! S. £ £ I iucrasc' Coin and Bullion .. 25.514.000 33,8=0,000 8,066,000 Notes to Circulation 25,352,000 25,5i0,0W ICS,OOO Public Deposits .. 4,509,000 0,214,000 1,315,000, Other Deposits ~ 31,350,000 35,546,000 7,400,000 ODvcrnm'tSecurities 11,700,000 10,07D,0M 4,918,.,00. 19 Olbcr Securities .. 25,713,000 21,306.000 4,407,0001 increase' Reserro .. ..16,911,000 25,160.000 8,240,010 I'roportion to Linbili- per cent. |«r cent, per cent. ties 46 50 JSW 918 Discount Rate ..3 2 GOVERNMENT STOCKS. ' British 2f per cents, (Goschen's) consols, show a decided advance this week, being now quoted at 105f, as compared with 101f the week previous. At the present high price, the investor receives only £2 12s per cent. The 4 per cent. Colonial Government stocks all show an advance this week, as compared with the previous week, as follows 17 Jan. 21 Jan. Rise. Mew Zealand,... 106-J- 107 I Now South Wales, 108 100 1 Victoria, ... 101' 102| 1 South Australia, 106 107 1 Queensland ... 105j 106 A West Australia 110J 112 1} The per cents, also show a marked improvement, prices ruling from \ to 1 higher. The quotau tion for the Victorian 3| per cents. <A was given at 100s last week, but this was clearly a telegraphic error; in the figures given below, the Victorian stock on tho 17th inst. is given at 94|, which is a j in advance of the previous quotation, and more likely to be correct than 100?, as telegraphed. 17 Jan. 21 Jan. Eise. New Zealand ... 100J 101J i New South Wales 100J- 1011 1 Victoria ... 91? 9oj ? South Australia 100j 10H ■< Queensland ... 98 99 1 Tasmania ... 981 99 \ FROZEN HEAT. The latest reports state that New Zealand meat is depressed. No quotation is given for first quality mut- i ton, and we presume tho supply of this class has run short, or that there is no change in value. The second quality is quoted at an advanco of }d, and lamb also is }d higher, jet the market is reported : depressed, Tho weekly comparison ' is as follows: 1 10th Jan. 21th Jan. Ist quality Id A 2nd quality i)Jd 3|d }d rise ™ 3rd quality 4|-d 5d -}d rise WOOL. It is impossibleto get at the actual tendency of the market. Private advices under date 19th inst. report the market firm with an upward tendency, the demand being for the better descriptions of wool. The public telegrams dated 25th inst. indicate a falling market, The total imports into Europe and North America, of Australasian, Cape and River Plate wool for the pant five years are given in the i following table je»r. AustralaeUu. Cape. Hirer Flat*. Total. 1 bales. bales, bales. biles. 18M lj4ll,W> MS,OOO 317,000 5,010,000 JB9l 1,683,000 322,000 380,000 2,385,000 1652 1,835,000 291,000 415,000 2,541,000 JBJ3 1,778,000 295,000 414,000 2,483,000 1851 1,890,000 250,000 430,000 2,591,000 ' BUTTER. • The butter shipped by the Ruahine . ■ : and which reached the London market on tho 16th inst., sold from 96s to 102s; a week previous to this . ■ 'date u'sbipraent of Victorian butter, per Opbir, was selling at 103s per cfrt. foe choicest, so that Now Zea- • .j, ■ land produce compares favorably ML with the bonus fed article of VicJp toria. The following table shows ' the imports, into the United King- ■. dom, of Colonial butter during the eleven months of the respective years

£. Jim. 3, 23,972,000 53.31 p.c. do, 10, 25,160,000 65.66 p.c. do. 17, 26,202,000 62.62 p.c. do. 21, 27,142,000 05.71 pi.

Australian. N.Z. Total. CAT. cwr. CWT. 1894 311,038 109,178 450,216 1803 173,381 72,191 245,815 1892 79,711 49,773 129,511 18'Jl 32,703 39,304 72,007 1890 11,721 32,391 41,116