RESERVE BANK RETURN

Auckland Star, Volume LXXIV, Issue 294, 11 December 1943, Page 3

RESERVE BANK RETURN

(p.A.) WELLINGTON, this day. The Reserve Bank return for the week ended Monday. December 6, with variations in the figures compared with those in the previous week's statement in parentheses, is:— Liabilities General reserve. £1.500.000 (same): bank notes. £35,952,720 ( + £529,534). Demand Liabilities: State, £15,729,947 (+£282,196): banks. £28,765,540 ( + £431,367); other. £519,616 (—£39 962): other currencies. £10,323 (—£916,915); other liabilities, £"1.879,244 (t-£48,992); total, £84,357,390 (+£335,212). Assets.—Reserve: Gold. £2,801,877 (same); sterling exchange, £30.163,247 (—£268,478); subsidiary coin. £95,140 ( + £41,917). Advances: Marketing. £666,640 (—£4 sB); other, £37,735,000 (same)- investments, £10,324.402 (—£22); other assets, £2,571,034 (+£562,253); total, £84,357,390 (+£335,212). Proportion of reserve notes and other demand liabilities, 40.701 per cent. Three Years Compared The following table shows the position of the bank's funds at this date for the post three years (in thousands cf pounds):—

fc 1041 1942 1943 Bank Notes 23,761 29,988 35,953 Deposits— State 8,485 10,877 15,730 Banks 10,472 18,185 28,765 Exchange 11,934 25,147 30,163 Advances— Marketing 7,391 1,642 667 Other 17.500 26.300 37,735 Ratio (p.C.) .. 34.26 47.033 40.701