MONEY MARKET.

Auckland Star, Volume LXVI, Issue 271, 15 November 1935, Page 4

MONEY MARKET.

RESERVE BANK RETURN.

HIGHER STATE DEPOSITS.

RISE IN EXCHANGE TOTAL.

(By Telegraph-—Press Association.) WELLINGTON, Thursday. The Reserve Bank return for the week ended November 11 wae gazetted to-night. The statement is balanced at £21,527,306, or £124,363 more than at the close ot the previous week. Government, deposits have increased by £192,141, while those of the trading banks are £178,106 lower. The note issue is £44,058 above the level of a week before and other demand liabilities have risen by £04,036. On the aesete side the only movement of any note is an increase of £ 122,452 in the level of the sterling exchange reserve. The statement, with variations compared with the week before, is as follows: LIABILITIES. Variation. 1. Capital f.."00,000 Same 2. General reserve. 1,000,000 Same 3. Bank notes .. . 0,101,C50 44,0D8t 4. Demand liabilities — (a) State 5,764,103 192,1411 (b) Banks 4,297,720 178, IDS' (c) Other 7G7.042 C4,830f 7. Other liabilities 96,701 S.'iGf Total £21,527,300 £ 124,303t ASSETS. 5. Reserve— (a) Gold £2,801,732 Same (b) Sterling Kx. 10,048,052 122,402t 0. Subsidiary coin. 201,700 1,385* 12. Investment .... 1,538,142 2,.">!)2t 14. Other assets .. 28,320 704 j Total £21,527,300 £124,30:!t tHigher. 'Lower. Proportion of reserve to notes and other demand liabilities, D 9.093 per cent (l)i).o'J2 last week).