THE RESERVE BANK
FALL IN THE NOTE IBBUE DAIRY ADVANCES HIGHER s „ (By Telegraph.—Press Association) r WELLINGTON, Thursday The Reserve Bank return for the week ended Monday, February 1, was gazetted to-night. The statement is balanced at £30,129,651, or £288,584 more than at the close of the previous week. Government deposits have increased by £548,170, compared with the total a week before, while the holdings of the trading banks are £188,450 lower. The note issue continues to fall, beins £177,637 lower than on the previous Monday, other demand liabilities are c £105,113 higher. A further increase, of £210,415, has o occurred in the value of the sterling n exchange reserve. Advances to the g Dairy Industry Account are £22,389 I higher, while other assets have risen ( ] by £46,047. q The statement, with variations compared with the week before, is as follows : LIABILITIES Variation £ £ 1. General reserve 1,500,000 Same 2. Rank notes ... 13.789.755 -177.037 3. Demand liabilities—(a- state 4.923.468 ts4s.l7is ili' Banks .... 9,37.4,2*>s i»s.4su| '•' > Other 3 4 7,7 7 2 f I 05,1 1J I 0. Other liabilities 194.388 t 1.3»S ! A-SETS ■ a ' ...Id . . "1.7 y I Same j ' >. - ib-nl.ary •• -m Vi:!l7ti II i" \dvance:— • n poses 1 - une ; te _ 3 ’ ~-,77“ . I j ••: r demand liabii • e-. •• r. * j per ' cent. (55.435 last week;. i
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Waikato Times, Volume 122, Issue 20433, 25 February 1938, Page 2
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215THE RESERVE BANK Waikato Times, Volume 122, Issue 20433, 25 February 1938, Page 2
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