THE RESERVE BANK.
THE LATEST RETURNS.
STATE DEPOSITS INCREASE.
(By Telegraph.—Press Association.) WELLINGTON, Thursday. The Reserve Bank return for the week ended June 3 was gazetted tonight. The statement is balance-d at £27,510,878, or £364,142 less than at the close of the previous week. The note issue is lower by £23,334. The deposits of the State have Increased by £68,865, but those of the trading banks show the substantial fall of £410,796. On the assets side the only movement of note is a decrease of £370,859 in the holding of sterling exchange, a fall which suggests that the trading banks have utilised surplus deposits for the purchase of exchange.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19350607.2.46
Bibliographic details
Waikato Times, Volume 117, Issue 19596, 7 June 1935, Page 5
Word Count
109THE RESERVE BANK. Waikato Times, Volume 117, Issue 19596, 7 June 1935, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.