RESERVE BANK RETURN

Evening Post, Volume CXL, Issue 21, 25 July 1945, Page 4

RESERVE BANK RETURN

Details of the Reserve Bank of New Zealand return for the week ended July 16, 1945, compared with those for the week ended July 9, are:— Liabilities— £N.Z. £N.Z. I General Reserve .... 1,500,000 Unchanged Bank-notes 40,585,427 *76,887 Demand Liabilities— State ;.i 10,904,944 t3,974,491 Banks 44,877,601 *4,665,825 Other 1,606,156 *957,733 Other currencies | 31,042 t15,132 Other liabilities 2,045,241 f5,576 £101,550,411 *1,704,246 Assets— Reserve— Gold' 2,801,877 Unchanged Sterling exchange .. 64,690,907 *816,106 Subsidiary coin 23,539 *552 Advances to State— Marketing 1,149,974 *809,691 Other purposes .... 17,000,000 Unchanged Investments 14,345,496 Unchanged Other assets 1,538,618 *67,897 £101,550,411 *1,704,246 •Increase. tDecrease. Proportion of reserve to notes and other demand liabilities, 68.857 per cent., compared with 69.228 per cent, for the week ended July 9. Principal figures In the return for the corresponding week last year were:—Bank-notes, £37,397,000; sterling exchange (N.Z. currency), £30,247,000; advances to Marketing Department, £6,130,000; to the State for other purpases, £35,885,000; investments, £11,736,000; reserve to liabilities, 38.474 per cent.