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RESERVE BANK RETURN

STERLING £1,329,800 MORE TOTAL OVER £10,000,000 | LIABILITIES £1,700,000 UP I t Per Press Association.) WELLINGTON, Ibis day. The Reserve Bank return for the week ended Monday, February 26, is balanced at £43,891.849, or £1,592,083 more than at the close of the previous week. The sterling exchange reserve has increased by £1,329,831 in value, this rise bringing the total to more than | £10,000,009. Notes and other demand i liabilities are more than £1,700,000 | higher in the aggregate principally bej cause of a rise of £1,333.000 in the jdeposits of the trading banks. The ! ratio is 32.812 per cent, compared with 30.79 per cent the previous week. Advances lo the Primary Products | Marketing Department are £66.194 higher. Those for other purposes have increased by £300,000. ! The principal i'ems in this week's | return are compared with those at the ; corresponding dale last year in the following table: —

(coo’s Omitted) .1040 1930 ' l? Variation Notes .. 18,026 X 14,900 (3120 Deposits— Slate 0.109 4,018 -1-2091 Hanks .. 17.315 10,407 -(-0348 Exchange . . 10,843 4.849 - (-6003 Advances — ; Produce 4,219 0.871 -(-2052 ; Other .. 22,310 12,800 •4-9510 jRatio (%)■ ,. 32.812 25.799 +7.013

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GISH19400302.2.137

Bibliographic details

Gisborne Herald, Volume LXVII, Issue 20186, 2 March 1940, Page 8

Word Count
184

RESERVE BANK RETURN Gisborne Herald, Volume LXVII, Issue 20186, 2 March 1940, Page 8

RESERVE BANK RETURN Gisborne Herald, Volume LXVII, Issue 20186, 2 March 1940, Page 8

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