RESERVE BANK

Evening Post, Issue 87, 9 October 1936, Page 12

RESERVE BANK

WEEKLY RETURN

DAIRY INDUSTRY ADVANCES

The weekly statement of assets and liabilities of .the Reserve Bank of New Zealand, as at the close of business on Monday, October 5, showing movements compared with the return for September 28, is as follows: — LIABILITIES. c b. a. & GeZd. ?™T. 1.500,000 0 0 Unchanged Bank-notes ... 11,295,354 10 O *120,597 Demand Liabilities— ■ .„„„„_ - (a) State ... 3,825,856 4 S f72,207 b) Banks ... 7,179,888 10 2 *306,367 (c) Other ... 130,559 10 7 f 111,075 .Other liabilities ... 102,528 4 9 : f2,96l £24,034,187 0 2 *240,721 ASSETS. : S S. d. « Re(f) TeGold ■* 2,801,788 10 0; *55 1(b)c5e 8!!'16,646,102 7 5 f189,462 Subsidiary coin . 168,950 2 10 t1,574 Advances to State / dustry* Account 1,464,461 911 *369,111 Advances to the * State for other purposes ... 700.000 0 0 Unchanged Investments ... 2,186,244, 4 1 *62,0C7 Other assets ... '66,640 6 9 JTT £24,034,187 0 2 *240,721 tDecrease, 'Increase. It will be noted that dairy indus-. try advances now exceed £1,464,000, showing an increase on the week of . £369,111. Proportion of reserve (reserve . less • liabilities in currencies other than New Zealand currency), 88.698 per cent., compared with 88:504 for the • week ended September 28. The return a year ago, as a$ October 7, 1935, showed the following:— £ s. d.- ---' Paid-up capital 000,000 0 0 Reserve 1,000,000 0 0 *. Bank-notes 8,831,566 0 0 . Demand Liabilities— State 6,030,802 9 1 Banks ..; 4,865,261 15 6 Other 614,853 13 8 . Other: liabilities . 81,816-15.. 7 ' 8"" 2,801,732 10 0 Sterling exchange 17,371,196 3 0 Investments 1,505,752 15 ; 6 Other asset 3 26,042 19 5 Reserve to notes and other demand 99.166 p.c. The proportion of reserve (less reserve liabilities in currencies other than, New Zealand currency) for the past month was as follows:— Percent,' September 7 93.070 — • September 14 93.933 • , 'September 21 89.694 September 28 88 504; October 5 86.698'