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RESERVE BANK RETURN

STERLING £494,864 UP “OTHER" ADVANCES FALL A decrease of £650,000 in the level of “other” advances, the first fall in this item for many weeks, is a feature -f the Reserve Bank return for the .veek ended Monday, February 24. The statement with variations compared- with the week before is as follows: Liabilities

Variation £ £ Gen. reserve .. 1,500.000 Same Bank notes 21,382,477 —20,996 Demand liabilities — State 9.040,262 —703.583 Banks 16.492,184 +636.486 Other 696,531 +360,055 Other curr'cies 10.978 + 2,331 Other liabilities 1,078,271 + 1,505 Total 50,806,703 + 275.798 Assets Reserve— Gold 2,803,873 Same Sterling Ex. 16.647,053 +494.864 Subsidiary coin Advances— 63,887 —1,247 Marketing 3,107.929 ' +248,738 Other 23.040,000 —650,000 investment 3,777,976 + 396 Other assets . . 1,367,985 +183,047 Total 50,806,703 +275,798 Proportion of reserve to notes and other demand liabilities, 40.313 per. cent (39.514 last week).

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GISH19410301.2.144

Bibliographic details

Gisborne Herald, Volume LXVIII, Issue 20493, 1 March 1941, Page 10

Word Count
132

RESERVE BANK RETURN Gisborne Herald, Volume LXVIII, Issue 20493, 1 March 1941, Page 10

RESERVE BANK RETURN Gisborne Herald, Volume LXVIII, Issue 20493, 1 March 1941, Page 10