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RESERVE BANK RETURN

STATE DEPOSITS HIGHER FALL IN BANKS' HOLDINGS LOWER LEVEL OF EXCHANGE [BY TELEGRAPH PRESS ASSOCIATION! WELLINGTON, Thursday The Reserve Bank return for the week ended Monday, Juno 1, was gazetted to-night. The statement is balanced at £2B-,758,474, or £227,621 less than at the close of the previous week. A decrease of £32,381 is shown in the total of the note issue. Government deposits arc higher by £149,530, while those of the trading banks have decreased £339,541. Other demand liabilities are down by £3983. % The total of sterling exchango lias fallen by £249,392. The investment item is £12,647 higher, while other assets have increased £9063. The statement with variations compared with the week before is as follows: — LIABILITIES Variation 1. Gen reserve . . £1,500,000 Same 2. Bank notes ... 10.124.41-1 -32.381 3. Demand liabilities—(a) State . . . . 9.132,806 + 149.536 (b) Banks . 7,7,18,567 -339.511 (c) Other 160,182 -3.083 G. Other liabilities 7G.505 -1.252 Total ..' £28,758,474 -£227,G21 ASSETS 7. Reserve—(a) Gold . . . • £2,801,733 Same (b) Sterling Ex. 23.485.3fi3 -249,392 8. Subsidiary coin 200.935 +6l 11. Investment .. 2.008,041 +12,647 13. Other assets 258,802 +9,003 Total . £28,758,474 -£227.021 Proportion of reserve to notes and other demand liabilities, 96.718 per cent (96.829 last week), NEW PRIVATE COMPANIES The following private companies have been registered in Auckland: All lilack Cabs, Limited, taxi proprietors. Wbangaroi. Capital, £2OOO in £1 shares. Subscribers: A. I'\ Baker. 175 shares; 1). ('. Copeland, 305; White Top Taxieab Company, Limited, 638; 11. R. McKeuzie, 50; Myrtle 10. Laxon, 200; IT. \Y. Jennings, 52; S. L. Ruddell, lfs; C. Jamieson, 176; J. C. RuddeM, 88. Waikato Deposits, Limited financiers, Hamilton. Capital, £'2500 in 500 ordinary shares and 2000 preference shares of £1 each. Subscribers: W. A. Jefferis, 2000 preference and 250 ordinary shares; P. G. Harkness, 250 ordinary shares. BRITISH WAR LOAN (Received Juno 4, 6.5 p.m.) British Wireless RUGBY, Juno 3 War loan, 3J per cent, is quoted today at £lO5 6s 3d, compared with £lO5 8s 9d yesterday. CALL AND DIVIDEND LIST Dividends— Due Rotoili Timber— pref., 5 p.c. for 7 years . . . . To-day N.Z. Perpetual Forests—final, 4 p.c. • June 8 Peters Ice —0 p.c. . . June 9 N.Z. Breweries—final. 4 p c. June 10 Waihi Junction—4d a share June 12 Hank New Zealand —final, ord., 5 p c.: D mort., 33 p.'c. . . June 12 Broken Rill South—2s 6(1 a share June 13 Oamaru Woollen —int.. 2) p.c. .. June 15 National Timber.—final, 21 p.c. June 15 Gisborne Gas- H p.c. • June 17 Gordon and Gotcli—half-yearly, ord., 6 p.c.; pref., 4 p.c. .. June 18 Mt. Lyell—int., fid a share .. June 22 Blackwater—final, 2s sterling a share . • • • • >T t,lle 23 Consolidated Goldfields—int., Is sterling a share . . . . June 23 Australian Glash—final, pref., 4i p.c.; ord.. 10 p.c. . . June 24 Wilsons Cement—final, 9d a share nnd jubilee bonus, Bs n share • • • • June 24 Farmers' Trading—final, ord., 5 p.c. • • • • Jane 2a Robinson loe—6 p.c. . • June 25 North Broken Hill—div., 2s (id u share; bonus. Is a share . June 26 Morris Hedstrom—final, ord., 2J p.c. June 30 British Tobacco—int . quarterly. 15 p.c. ■ . June ,10 National Mortsace—int.. 5 p.c. p.a. July 1 Bulolo —int . t dollar 40 cents . . July 2 Plucer—int., 50 cents . . July 2 National Bank N.Z.—final, 2 p.c,, in Bterhng, frco of tax July II

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19360605.2.20

Bibliographic details

New Zealand Herald, Volume LXXIII, Issue 22437, 5 June 1936, Page 7

Word Count
533

RESERVE BANK RETURN New Zealand Herald, Volume LXXIII, Issue 22437, 5 June 1936, Page 7

RESERVE BANK RETURN New Zealand Herald, Volume LXXIII, Issue 22437, 5 June 1936, Page 7