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RESERVE BANK RETURN

ADVANCE ON PRODUCE Tiie Reserve Bank return for the week ended Monday, September 28, was gazetted on Thursday. The statement is balanced at £23.793,466. or £199,609 more (ban at the close of the previous 'week. Advances to the State have been increased substantially since the previous return. The amount provided for the Dairy Industry Account is higher by £201,119. That described as for other purposes remains unchanged at £700,000, making the total of the two £1,795,350. The sterling exchange reserve has decreased by another £85,938. Investments arc higher by £87,727. The greatest movement on the liabilities side has been an increase of £219,852 in the deposits of the trading hanks. Slate deposits are lower by £52,134. The noto issue has fallen by £19,728, while there has been an increase of £50,648 in the item other demand liabilities.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19361003.2.103

Bibliographic details

Poverty Bay Herald, Volume LXIII, Issue 19136, 3 October 1936, Page 7

Word Count
140

RESERVE BANK RETURN Poverty Bay Herald, Volume LXIII, Issue 19136, 3 October 1936, Page 7

RESERVE BANK RETURN Poverty Bay Herald, Volume LXIII, Issue 19136, 3 October 1936, Page 7