RESERVE BANK RETURN

Evening Post, Volume CXL, Issue 150, 22 December 1945, Page 9

RESERVE BANK RETURN

NOTE ISSUE A NEW RECORD.

Details of the Reserve Bank of New Zealand return for the week ended December 17, 1944, .^compared with those for the week ended December 10, are :«— Liabilities— £NZ. £NZ. General Reserve ..... 1,500,000 Unchanged Bank-notes ....... 45,737,216 *762,456 Demand liabilities — ; .. • State 15,506,802 , *1,728,058 Banks 56,312,394 ~'. *3,078,365 Other 343,011 ' *59,206 Other currencies. 40,884 *34,360 Other liabilities ..... 3,108,470 *8,421 £122,548,777 *5,680,866 Assets— £NZ. £NZ. Reserve Gpld 2,801,877 Unchanged Sterling exchange .. 78,192,129 *1,536,513 Subsidiary coin ..... 23,209 U8,638 Advances to State— Marketing 2,760,522 *180,275 Other purposes .... 32,000,000 »4,000,000 Investments 5,799,060 Unchanged Other assets 971,975 t7,874 £122,548,777 *5,650,566 ' ""Increase. fDecrease. Proportion of reserve to notes and other demand liabilities, C 8.663 per cent., compared with 70.773 per cent, for the week ended December 10. Principal figures in the return for the corresponding week last year were: Bank-notes, £40,835,000; sterling exchange (N.Z. currency), £38;438,000; advances to Marketing Department, £25,885,000; to the State for other purposes, nil:'investments, £11,737,000; reserve to liabilities, 53.259 per cent.