ECONOMIC CONDITIONS.
STEADY IMPROVEMENT SHOWN. (By Telegraph. Press Association.) WELLINGTON, This Day. The banking returns for the September period show a steady improvement in the economic conditions since the peak of the slump was passed in the middle of 1921. The figures for the six banks trading in New Zealand, with increases or decreases, compared with the corresponding quarter 'last year are: Note circulation, £6,486,766, decrease £648,848; Government deposits, £4,995,837, increase £1,339,871; free deposits, £24,498,149, decrease £2,275,173; fixed deposits, £17,463,713, increase- £791,376; coin and bullion, £7,833,621, increase £192,703; discounts, £1,458,429, decrease, £719,186; advances, £41,536,017, decrease 5,325,975.
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Bibliographic details
Waipa Post, Volume XXI, Issue 1301, 7 October 1922, Page 4
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96ECONOMIC CONDITIONS. Waipa Post, Volume XXI, Issue 1301, 7 October 1922, Page 4
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