THE RESERVE BANK
INCREASE IN STERLING STATE DEPOSITS RISE (By Telegraph.—Press Association) WELLINGTON, Thursday The Reserve Bank return for the week ended Monday, October 28, shows a balancing total greater by £607,165 than that at the close of the previous week. The total of demand i liabilities is considerably higher, the j chief feature being an increase of £794,105 in Government deposits. The statement with variations compared with the week before is as follows:
Total 44,345.959 t 607,165 Proportion of reserve to notes and other demand liabilities, 27.913 per cent (27.904 last week).
Liabilities Variation £ £ General reserve ... 1,500,000 Same Bank notes 20,200,951 -27,081 Demand liabilities— State 6,354.845 t794.105 Banks 13.283,071 -375,356 Other 2,146,577 7287.063 Other currencies .. 1 1,865 —81,176 Other liabilities ... 848,650 112.210 Total 44.345,959 1607,165 Assets Reserve— Gold 2,801.852 Same Sterling exchange 8,929.403 tl08,639 Subsidiary coin ... 98,200 15,774 Advance?— Marketing .... 2.866,371 tl8.040 Other 25 f 140,nno Same Investment 3,771,721 +310.482 Other assets .... 738,412 fl63.330
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Waikato Times, Volume 127, Issue 21259, 1 November 1940, Page 12
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155THE RESERVE BANK Waikato Times, Volume 127, Issue 21259, 1 November 1940, Page 12
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