RESERVE BANK RETURN
The only movement of note in the Reserve Bank return as at the close of business on August 4 is a fall of £1,218,000 in sterling funds to the ’still comparatively high total of £87,816,000. Exactly a year ago the fund stood at £64,872,000. Details (all in thousands), with the figures for the previous week attached, are as follows:
Liabilities July 28. Aug. 4. (£000) (£UU0/ General reserve 1,500 1.500 Bank notes 66,979 67,196 Demand liabilities— (a) State: (I) Govt. marketing — (2) Other 9,484 8,459 (b) Banks 77,171 76,752 (c) Other: (1) Marketing orgns. 214 1,066 (2) Other 1,106 2,415 Other currencies 45 39 Other liabilities 6,383 6,396 162,881 163,826 Assets Reserve— (a) Gold 6,171 6,172 (b) Sterling exchange 89,034 87,816 (c) Other exchange .. 408 409 Subsidiary coin .. 604 603 Advances— (a) State: (1) Govt. marketing 6,154 7,354 (2) Other purposes .. 22,000 22,000 (b) Other: (1) Marketing orgns. 1,173 1,335 (2) Other advances .. 12,369 13,369 Investments— Sterling .. .. 23,716 23,716 Other 241 241 Other assets 1,011 811 162;881 163326
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Bibliographic details
Press, Volume XC, Issue 27426, 12 August 1954, Page 15
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171RESERVE BANK RETURN Press, Volume XC, Issue 27426, 12 August 1954, Page 15
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