A.—4.

9

2—A. 4,

New South Wales. Victobia. Queensland. South Attstbalia. Tasmania. New Zealand. .. Cost of transmitting money within the colony 2s. 6d. per cent. Nil Nil Some Banks, nil; other Banks, i per cent. Nil One shilling per cent.; if by telegraph, one shilling per cent, additional. 2. Cost of transmitting money to London 2 per cent, by bills of exchange Ordinary remittances at current selling rates. Different loans at i, i, and £ less than current selling rates i per cent, below current rates, but not below par Varying with rate of exchange. None transmitted for many years By Bank drafts at 60 days' sight, at i per cent, less than current rates By Bank draft at 120 days' sight, at par. Other currencies at i per cent, less than rates offered to the public, but not below par. None at less than 60 days' sight. 3. Cost of transmitting money from London Not known None transmitted ... By purchase of Government drafts at 60 days' sight at par According to competition. Drafts at 30, 60, or 90 days, at rates varying from par and i to f per cent. Nil By Bank drafts at i per cent, less than rates charged to the public. By Government bills on the colony at 30 days' currency at par; at other dates, at i per cent, concession on rates offered to the public. 4. Cost of transmitting money to or between the Australian Colonies i per cent, by bills of exchange To New South Wales, South Australia, and Tasmania, i per cent.; New Zealand and Queensland, J per cent. Ordinary payments at par. Special, such as retirement of Treasury bills, at £ per cent. Varies with competition — sometimes at a small premium By Bank drafts at sight, at i per cent. Transactions very small By Bank drafts at 15 days' sight, at par; on demand, at one-half the rate charged to the public. 5. Interest allowed by the Bank on current daily balances in the colony 3 per cent, on credit balances On Consolidated Fund, 3 per cent, if not under £50,000 ; on Bailway Loan Account, 4 per cent. li per cent, under rate to the public for fixed deposits for three months, but no interest on any sum above £400,000 both for fixed and current deposits Nil Nil Under £80,000, 4 per cent.; over £80,000, 3 per cent, up to £400,000. i 6. Interest allowed by the Bank on current daily balances in London 1 per cent, below Bank of England rate. 1 per cent, below Bank of England rate of discount, not to exceed 4 per cent. 1 per cent, below Bank of England rate of discount, not to exceed 5 per cent. 1 per cent, below Bank of England rate of discount Nil li per cent, less than the Bank of England rate, but not to exceed the rate of 5 pei cent. Bank may decline to pay interesl on balances in excess of £400,000. 7. Interest on fixed deposits 4 per cent. No fixed deposits ... Current rates up to £150,000; beyond that i per cent, below current rates In the colony, 4 per cent. ... In the colony, by special agreement ; in London, 1 per cent, below Bank discount rate In the colony, by special agreement; ir London, 3 per cent, for six months, 4 pel cent, for twelve months, up to £300,000. 8. Interest paid for advances in the colony 5 per cent, on debit balances 6 per cent, on Consolidated Fund, so long as there is an equal balance to credit of the Railway Loan Account 1 per cent, above the current rate for fixed deposits for twelve months, but not less than 6 per cent. By arrangement if required ... 6 per cent. 6 per cent. 9. Interest paid for advances in London 5 per cent., or 1 per cent, above Bank of England rate on debit balances 1 per cent, above Bank of England rate, but not less than 4 per cent. 1 per cent, above Bank of England rate on security of debentures to the extent of £250,000 1 per cent, above Bank of England rate 1 per cent, above Bank of England rate At 5 per cent.; or, in case the Bank of England rate is in excess of 4 per cent., then 1 per cent, above the Bank of England rate.