RESERVE BANK

New Zealand Herald, Volume 79, Issue 24302, 17 June 1942, Page 5

RESERVE BANK

STEELING UP £179,119 STATE DEPOSITS RISE (P.A.) WELLINGTON, Tuesday The Reserve Bank return for the week ended Monday, June 8, with variations in the figures compared with those in the last preceding statement, is as follows: LIABILITIES Variation £ £ Gen. reserve .. 1,50(1,000 Same Bank notes . . 24,9!>5,227 +18,421) Demand liabilities— State .. .. 14.580,303 +3.370,033 Banks . . . 12.210,000 -0,070,113 other . ■■ 8,7*4,372 +4,821,280 Other currencies 25, 013 -300 Other liabilities . 1.4*1.221 -1.435,872 Total .. 03.1)22.540 -1,204,007 ASSETS Reserve— Cold .. 2.801,877 Same Sterling ex. .. 23.20*,003 +170.110 Subsidiary coin . . 43,208 -2,0tt0 Advances - Marketing .. 10.058,500 -1.331,232 Other . .. 22,300,000 Same Investment .. 4.147,2*0 Same Other assets . . 072,802 - 40,075 Total .. 03,022.540 -1,204,<M»7 Proportion of reserve to notes and other demand liabilities, 43.016 per cent (42.884 last week). The principal items in this week's return are compared with those at the corresponding date la.st year in the following table: (OOO's Omitted) 1042 104 1 Variation £ £ £ Notes . . .. 24,005 21,701 +3,234 Deposits—Statu .. 14,5*0 11,01.5 +3,571 Banks .. 12,247 12,002 +155 Exchange .. 23,200 21,411 +I,BBB Advances— Marketing .. 10.050 4,811 +5,248 Other . . 22.300 13,500 +B.BOO Hatio u>er cenf) 43.010 53.386 -10.370