Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.


DECLINE FROM UECOKD LEVEL p.A. WELLINGTON, this day. For the first time for months the steadily rising total of sterling exchange reserves to record figures has ueen. checked, the latest return showing them at £04 f>77.397, a decline of £1,758,243 on those of the previous week. The return at close of business on August 6, Wit" variations from the previous week s fljrures in parentheses, is as follows: — ( + £264.200). Other currencies. £16.956 ( + £1761) Other liabilities. £2.063,547 i (—£8630) Total, £104.415,883 ( + £1.538.141). Arote —Reserve- Cold. £2.801.877 (same): sterns Sfehange. £64 977.397 (-£1.578.243): subsidiary .coin. £20.490 (—£76 l). Advances: Marketing £ 3.952.357 (+ £ 3.486,223).; other £17.000.000 (same): investments, £14.34a.146 ( + £250)- other assets. £1.318.015 (—£369,328); total. £104,415.883 (+£1,538.141). Proportion of reserve to notes and other clemana '.labilities. 67.204 per cent (previous week, 69.841 W cent). Threc Ycars compared The following table shows the position of the bank's funds at this date for the past three years (in thousands of pounds):— 1943 1944 1945 Bank notes 32,973 37.588 40,506 Deposits— State 13,644 10,944 10.43S Banks 25,095 36.387 48,745 Exchange 26,055 32,251 64,977 Advances— Marketing G. 840 3.947 3,952 Other 26.853 35.885 17.000 Ratio (P.c.) 39.665 — 67.20*

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

Bibliographic details

STERLING FUNDS LOWER, Auckland Star, Volume LXXVI, Issue 190, 13 August 1945

Word Count

STERLING FUNDS LOWER Auckland Star, Volume LXXVI, Issue 190, 13 August 1945

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.