THE MONEY MARKET.

Auckland Star, Volume LXVI, Issue 75, 29 March 1935, Page 4

THE MONEY MARKET.

RESERVE BANK RETURN. NOTE. ISSUE INCREASES. % FALL IN STATE DEPOSITS. (By Telegraphs—Press Association.) i WELLINGTON, Thursday. , The Reserve Bank return for the week < ended March 25 was gazetted to-night. The statement is balanced at £27,736,601, or i £5574 less than at the close of the previous week. On neither side lias there 'been any movement of moment. Banknotes on issue are £53,165 higher than a week before. Government deposits have decreased by £118,138, while those of the trading banks are higher by £59,135. On the assets side sterling exchange has declined £0871, while the investment total shows an increase of £0489. The item "other assets" has increased £4882. The statement, with variations, compared with the week before, is as fol- . lows: — LIABILITIES. i; Variation. 1 Capital 500.000 Same 2. General lteserve 1.000,000 Same 3. Bank notes ... 0,341,301 53,165f 4 Demand liabilities— (a) State .... 12.033,111 (b) Banks ... 4,795.723 50.1.10T (c) Other .... s.l'.i.'i 7. Oilier liabilities 58.180 <>08 Total ... 27,730,001 5,574* ASSETS. S. Kescrve — (it) Colli 3,001,731 Same (1>) Sterling Ex. 22,454,003 0,871 0. Subsidiary coin 177,(94 '?!!!. 12. Investment ... 2,095.068 14. Other assets . . 27 -115 -1,88Total 27,730,001 5,574* ■(Higher. * Lower. Proportion of reserve to notes and other demand, liabilities, 97.10 per cent (97.17 last week).