RESERVE BANK RETURN

Auckland Star, Volume LXXIV, Issue 31, 6 February 1943, Page 3

RESERVE BANK RETURN

MARKETING ADVANCES DOWN (P.A.) WELLINGTON, this day. The Reserve Bank return for the week ended Monday, February 1, with variations in the figures compared with those of the previous week in parentheses, is as follows: — Liabilities General reserve, £1,500,000 (same); bank notes, £29 ; 879,580 (—£112,107); demand liabilities State £12,315,978 (—£128,657); banks, £25,742,121 ( + £40,488); other, £1,202,781 ( + 322,640); other currencies,' £12,448 (+£752); other liabilities £1,565,816 (+£2,486); total. £69,218,725 (+£125,693). Assets * Reserve: Gold, £2.801,877 (same); sterling exchange, £29,285,358 ( + £533,687); subsidiary coin, £22 068 (—£2,119). Advances: Marketing, £779 810 ( —£455,735); other purposes, £30,000,000 (same): investments, £4,457,881 (same); other assets, £1,871,730 (+£49,859); total, £69,218,720 (+£125,693). , „_ J— . Proportion of reserve to notes and other demand liabilities, 48.495 per cent (previous week, 47.778 per cent). Three Years Compared The following table shows the position of the Bank's funds at this date for the past three years (in"thousands of pounds):— 1941 1942 1943

Bank notes 21,673 23,603 29,880 Deposits— State 8,908 9,056 12,316 Banks 15,407 15,323 22,742 Exchange 14,379 14,802 29,285 Marketing 2,903 4,943 780 Other 23,690 22,500 30,000 Ratio (P.c.) 36.964 36.526 48.495