RESERVE BANK RETURN
STERLING £480,274 UP RISE IN BANKS’ DEPOSITS (Per Pruss Association,) WELLINGTON, this day. The Reserve Bank return for the week ended Monday, May 27, is balanced at £42,707,543, or £535,719 more than the previous week’s total. The sterling exchange reserve at £13,719,362 Is £480,274 higher in value than on the previous Monday. Notes and other demand liabilities are £533,688 higher in the aggregate than the week before. The ratio is 41.097 per cent, compared with 40.44 percent. Advances to the Primary Products Marketing Department are £69,780 lower, while those for other purposes have increased by £IOO,OOO. The principal items in this week’s return are compared with those at the corresponding date last year in the following table:—
(ooo’s omitted.) Notes 17,951 15,572 +2,379 Deposits— State 6,189 2,550 +3,639 Banks 15,766 9,429 +6,337 Exchange .. 13,719 4,564 +9,155 Advances— Marketing 3,516 7,492 —3,976 Other . U 19,660 12,025 +7.635 Ratio (%) .. 41.097 25.136 +15,961
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Bibliographic details
Gisborne Herald, Volume LXVII, Issue 20262, 1 June 1940, Page 12
Word Count
153RESERVE BANK RETURN Gisborne Herald, Volume LXVII, Issue 20262, 1 June 1940, Page 12
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