RESERVE BANK RETURN

Press, Volume XCIX, Issue 29271, 1 August 1960, Page 16

RESERVE BANK RETURN

Main Items from the latest week’s return, with the previous week’s figures, are as follows: Liabilities

Overseas Reserves Falling New Zealand’s overseas reserves continued their seasonal decline last week after the previous week’s slight rise. At July 20 the total was £114.9m, a fall of £l.4m in a week. The latest figure is still £ 12.7 m above the comparable 1959 figure. LONDON METAL MARKETS

July 27 July 20 £000 £000 Bank notes 78,322 78,587 Demand Liabilities— State 12,423 12,790 Marketing 833 1,010 Trading banks 99,966 100,791 Other 478 608 Assets Reserves— Gold 315 315 Sterling exchange 63,317 64,617 Other exchange .. 639 454 Investments— Overseas 31,128 31,128 In N.Z. .. 71,308 71,308 Advances— State 11,619 12,793 Market Orgn’s. .. 13,040 14.860 Other 2,040 — Other Assets— Gold 5,848 5,848 Other 1,244 932 ■

IN 2,. Press Assoctotton—CopvriffMi LONDON, July 38. Latest London metal prices are: TinSpot Buyers. Sellers, a ton a ton £ s. d. £ s. d. .. BIS 10 0 816 0 0 LeadSpot .. 71 5 0 71 10 0 Zinc— Spot .. 89 7 « 89 10 0 CopperSpot 253 10 0 233 0 0