Reserve Bank Return
[Per Press Association. — Copyright! WELLINGTON, This Day. The Reserve Bank return for the week ended Monday, July 4, was gazetted last night. The statement is balanced at £26.209,975, or £994,645 less than at the close of the previous week. Aggregate deposits have decreased by more than £1.000,000 since the previous return. Government holdings are £1.663,317 lower, while those of the trading banks have increased by £634,407, The note issue has fallen £27,339 in value during the week covered, and other demand liabilities have increased by £59,884. The sterling exchange reserve bn? again fallen substantially, a decrease in value of £667,627 following that of £414.261 the week before. Advances to the Primary Produce Marketing Department are £360,481 lower, while other assets have increased £30178 in value.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19380708.2.6
Bibliographic details
Northern Advocate, 8 July 1938, Page 2
Word Count
128Reserve Bank Return Northern Advocate, 8 July 1938, Page 2
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.