MONEY MARKET.
RESERVE BANK RETURN. DEPOSIT LEVEL FALLEN. BANKS' HOLDINGS LOWER. (By Telegraph.—Press Association.) WELLINGTON, Thursday. The Reserve Bank return for the week ended April 29 was gazetted to-night. The statement was balanced at £27,204,672, or £374,831 less than at the close of the previous week. The principal movements on the liabilities side are falls of £341,105 and £41,379 in the levels of bankers' deposits and State deposits respectively. The note issue has changed little, there having been an increase of £3011. One change In the assets slightly more than equals the fall in the two classes of deposits—a decrease of £390,064 in the level of the sterling exchange reserve. The gold holding remains unchanged after the decrease shown last week.. The statement with variations compared with the week before is as follows:— LIABILITIES. Variation 1. Capital £500,000 Same 2. Gen. reserve . . 1,000.000 Same 8. Hank notes . . 9,433,070 3,0111 4. Demand liabilities — (a) State 12,342.440 41,370* (b) Banks ... 3,832.017 341,105* (c) Other ... 7,368 571 . 7. Other liabilities 88,238 3,985f Total f27,204,072 £374,831* ASSETS. 8. Reserve— (a) Gold £2,801,731 Same (b) Sterling Ex. 22,088,844 390,004* f>. Subsidiary coin 173.100 503* 12. Investment .. . 2,005,807 Same 14. Other assets . 45,181 21,7001 Total £27,204,072 £374,831* fHiglier. 'Lower. Proportion of reserve to notes and other demand liabilities, 97.16 per cent (97.27 last week). CONSOLS AND STOCKS. BRITISH FUNDS EASIER. COLONIALS ARE STEADY. (Received 11 a.m.) LONDON, May 2. The following table gives quotations for consols and colonial liiser'bi") stocks, com oared with those of April 25: — VarlaPrlce. tlon.
£ s. d. 8. d. Consols, 25 per cent ... ST 10 0 20 0* Funding Loan, 4, 1000-00 117 12 ti 15 0* War Loan, 31. 1020-47 . 105 10 0* 52 0* Conversion Loan, 31 .. 107 10 0 15 0* Victory Bonds, 4 ll<t 11 "t 7 0* Com'wealth, 5, 1935-45 1)0 15 0$ 47 0* Com'wealth, 5, 1945-75 1KI 15 <> 2 (It Cora'wealth, 34, 1030-37 101 10 0 3 0» Com'wealth, 4, 1043-48 103 10 O ti 3t Cora'wealth, 33. 194S-53 102 11 3 5 Ot N.S.W.. 3, 1035 100 17 0 2 Of N.S.W., 3 J. 1930-50 .... 100 5 0 Same N.S.W., 41, 1035-45 101 17 (i 15 Ot N.S.W., 5. 1935 55 101 7 (i 1 St Victoria, 3, 1920-49 ... 07 2 0 2 0» Victoria, 43, 1040 00 ... 104 15 0 5 <>* Victoria. 5, 1945-75 110 (i 3 3 Of Queensland. 3, 1022-47 . 07 2 0 3 1J» Queensland, 5, 1940-00 . 100 5 O 3 I)* S. Australia, 3, 1010, opt. 89 17 0 2 0* S. Australia, 5, 1045-75 110 8 9 8 Ot W. Australia, 4, 1942-62 102 15 0 5 Of Tasmania, 3j. 1020-40 .. 102 0 0 2 (if Tasmania, 4, 1940-50 .. 103 0 0 2<> Ot New Zealand, 41. 1948-58 108 15 0 7 6t New Zealand. 31, 1940 . 104 5 0 12 Of New Zealand, 3. 1045 . 181 0 3 12 Ot New Zealand, 0, 1030-51 100 1 3 1 St tHigher. *Lower. tEx dividend.
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Bibliographic details
Auckland Star, Volume LXVI, Issue 103, 3 May 1935, Page 4
Word Count
496MONEY MARKET. Auckland Star, Volume LXVI, Issue 103, 3 May 1935, Page 4
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