RESERVE BANK RETURN
STERLING £462,248 UP HEAVY BANK HOLDINGS A rise of £1,076,151 in the deposits, of the trading banks is the largest single movement shown by the Reserve Bank return for the week ended Monday, February 17. The balancing total is only £277,946 greater than that of the week before. The statement with variations compared with the week before is as follows: — Liabilities Variation
£ £ Gen. reserve .. 1,500,000 Same Bank notes . . 21,403,473 —68,630 Demand liabilities— State 10,349,845 —606.771 Banks 15,855,698 +1,076,151 Other 336,476 —128,742 Other curr.’cies 8,647 —28,344 Other liabilities 1,076,766 +34,282 Total 50,530,905 +277,946 Assets Reserve — Gold 2,801,873 Same Sterling Ex. 16,152,189 +462,248 Subsidiary coin 65,134 —749 Advances — Marketing 2,859,191 —148,379 Other 23,690,000 Same Investment 3,777,580 +395 Other assets .. 1,184,938 —35,569 Total 50,530,905 . +277,946 Proportion of reserve to notes and other demand liabilities, 39.514 per cent (38.711 last week).
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Bibliographic details
Gisborne Herald, Volume LXVIII, Issue 20488, 24 February 1941, Page 4
Word Count
140RESERVE BANK RETURN Gisborne Herald, Volume LXVIII, Issue 20488, 24 February 1941, Page 4
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