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Reserve Bank Return

I Per Press Association. Copyright .] WELLINGTON. This Day. The Reserve Bank 'return for the week ended Monday, July 18. was gazetted last night. The statement is balanced at £26,010.259. or £10,989 less than at the close of the previous week. Deposits again show evidence of .Pnsiderablo movement. Those of tiro State av - : £500,513 lower than the week ~eforc. while the holdings of the trading banks have increased by £463,975. The note issue lias decreased by £48,750. An item rarely seen in the return reappears this week —liabilities in currencies other than New Zealand currency, the amount being £BOBS. The sterling exchange reserve is again lower in value, the fall amounting to £278,889. Advances to the Primary Produce Marketing Department are £283,439 higher, while other assets have fallen by £ 13,537-

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19380722.2.27

Bibliographic details

Northern Advocate, 22 July 1938, Page 3

Word Count
132

Reserve Bank Return Northern Advocate, 22 July 1938, Page 3

Reserve Bank Return Northern Advocate, 22 July 1938, Page 3