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RESERVE BANK

RETURN .FOR THE WEEK

: ■■■.-.■ A-. contraction, of; over £31,000. in the note .issue: is. shown, in' the 'return ■of the Reserve- Bank , of ..New.. Zealand, for,' the week • ended; February 4, when > compared with' that for .the week ended- January 28. Government' deposits increased: by ■ over £267,000 and bank deposits fell'by"over £250,000. . Gold holdings remained unchanged. The statement is as follows:—

', "...., ... .."LIABILITIES. ■•..■•■ -.;'.■.;. ..'£.; £ 1. Paid-up capital .. 500,000 Unchanged ■2. Gen: reserve fund 1,000,000 Unchanged .3. Bank-notes 9,502;372 t31,602 4. Demand liabilities— . (a) State 8,562,704 '267,970 ■- ■ (b) Banks . .... 7,434,189 t252,883 (c) Other 5,778 »12 7. Other liabilities . 50,094 t1,382 Total' £27,055,138 '. ' f£17,886 ASSETS. : ' ■■.'•■ ■■ ■■ ■'"- ■ ;•" . ■ &■■'-■... £ 8. Reserve— (a) Gold ...... 3,001,731 Unchanged (b) Sterling ex- . ■ change 21,848,481 tX9,471 9. Subsidiary coin . 189,028 U. 695 12. Investments 1,991,700 *19,916 14. Other assets .. ; J24.196 t1G,637 ;.; Total ..;..... £27,055,138 ■ f 17,866 ••■..' *Up. tDown. Proportion of reserves to notes and other demand liabilities, 97.43 per cent. (97.44 per cent, last week).

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19350208.2.158.12

Bibliographic details

Evening Post, Volume CXIX, Issue 33, 8 February 1935, Page 6

Word Count
153

RESERVE BANK Evening Post, Volume CXIX, Issue 33, 8 February 1935, Page 6

RESERVE BANK Evening Post, Volume CXIX, Issue 33, 8 February 1935, Page 6

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