Reserve Bank Return
t Per Press Association. Copyright.! WELLINGTON, This Day.
The Reserve Bank return, showing i the position at the close of business on Monday, May 8, was gazetted last night. The statement is balanced at £31,133,348, or £368,264 less than at the close of the previous week. The sterling exchange reserve at £4,708,706 is £109,286 lower in value than a week before. Demand liabilities generally arc lower. The note issue is down by £18,900, and the deposits of the trading banks are £325,605 less than the week before. The proportion of reserve to these liabilities is slightly higher at 25.722 per cent. Advances to the Primary Produce Marfketing Department have fallen by £41,376, but those for other purposes have increased by £IOO,OOO to £12,175,000.
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https://paperspast.natlib.govt.nz/newspapers/NA19390512.2.89
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Northern Advocate, 12 May 1939, Page 7
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126Reserve Bank Return Northern Advocate, 12 May 1939, Page 7
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