RESERVE BANK RETURN

Evening Post, Volume CXXXIV, Issue 139, 9 December 1942, Page 3

RESERVE BANK RETURN

Details of the Rwwrve Bank of New Zealand return for the week ended November 30, 1942. compared with those for th« week ended November 23, are:— . j LtaWlltle*- £NZ £MZ General reserve . 1,500,000 0 0 Unchanged Bank-notes 88,459,710 10 0 *246.083 Ueroaiid Liabilities— State 9,932,796 3 11 *695,Q71 Bank* 18,743,772 5 3 t534,127 Other 1,126,731 4 6 *119,475 Other currencies . 01,907 7 11 *61,398' Other assets ... 1,442,141 17 4 *39,317 £61,297,059 8 11 "627,218 Assets— £NZ £NZ Beserve— Gold 2,801,877 10 0 Unchanged Ster. ecrohatige 26,454,989 11 8 *1,181,958 Subsidiary coin . 36,987 18 10 t12,188 Advances to StateMarketing ... 1,398,433 18 9 t211,565 Other purposes 24,300.000 0 0 Unchanged Investments .... 4,460,682- 6 6 f 1,112 Other assets ... 1,844,088 3 2 t329,874 £61,297.059 8 11 ♦627,218 ♦Increase. tDecrea6o. Proportion of reserve to cotes and demand liabilities 50.057 per cent., compared with 48.573 per, cent, for the week ended November 23, and 33.835 per cent, as at December 1, 1941. The statutory limit is 25 per cent. T>ie principal figures In the return for the week ended December 1, 1941, were:—Banknotes, £22,709,083; donUnd liabilities to State, £8,354,278, and to the banks, £9,004,759; other liabilities, £260,529. Sterling exchange, £10,871,9.75. Advances to Marketing Department, £6,132,177, and to the State for other purposes, £17,500,000,