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RESERVE BANK RETURN

DECREASE IN STERLING (P. A.) WELLINGTON -»— The Reserve Bank return fo: Monday, March 6, with variati compared with those in the pre parentheses, is as follows:— Liabilities.—General reserve, bank notes, £36,175,337 (—J liabilities: State, £28,252,2: •• banks. £28,063,518 ( —£997,991 ( + £26,748). Other currencies other liabilities, £2,101,917 1 1 £96,557,555 (—£2,871,764). Assets.—Reserve: Gold, ; .. \ - sterling exchange, £37,621, subsidiary coin, £73.522 (- Marketing, £1,105,063 (- £39.885,000 (—£7 so); invc (+£1,638,124); other _ . - ■ (+£276,703). Total, £96,557,555 a, Proportion of reserve to notes and other demand liabilities, 43.481 per cent (previous week. 46.184 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):— ■n , . 1942 1943 1944 Deposits^ 8 23,350 30 ' 258 36,H5 ® tate 19,255 24,943 28,252 Bunks 12,918 16,155 28,063 Exchange 10,030 32,049 37 621 Advances— ' Marketing 5,616 2,433 1,105 § r < \ 25,750 30,230 39,885 Ratio (p.c.) 38.759 48.376 43[481

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https://paperspast.natlib.govt.nz/newspapers/AS19440315.2.39

Bibliographic details

Auckland Star, Volume LXXV, Issue 63, 15 March 1944, Page 3

Word Count
150

RESERVE BANK RETURN Auckland Star, Volume LXXV, Issue 63, 15 March 1944, Page 3

RESERVE BANK RETURN Auckland Star, Volume LXXV, Issue 63, 15 March 1944, Page 3