RESERVE BANK

Waikato Times, Volume 129, Issue 21590, 28 November 1941, Page 8

RESERVE BANK

FALL IN STATE DEPOSITS (By Telegraph.—Press Association) WELLINGTON. Thursday Following a decrease of £597,568 the previous week, Government deposits show a further fall of £446,654 in the Reserve 1 Bank return gazetted today, j The statement with variations compared with the week before is as follows: LIABILITIES

Total 41.941.503 669.513 1 Proportion of reserve to notes and other demand liabilities, 35.090 per cent (35.529 last week). The principal items in this week's return are compared with those at the corresponding date laM year in the following table:—

£ £ Variation : Gen. reserve 1,500.000 Same 1 Bank notes 22,294,118 *14,449 ! Demand liabilities— 1 State 3.041.151 -446.654 | Banks 8.730.226 -182,315 ! Other 304,949 -55.168 Other currencies .... 28,761 *2,658 Other liabilities 1,042,298 -2,488 ) Total 41,941,503 -669,518 1 ASSETS ReserveGold 2.801.874 Same i Sterling ex 11.044.531 -405.499 Subsidiary coin .... 82,176 *24,019 Advances--Marketing 6.086.883 -342,564 Other 16.500.000 Same Investment 3.842.379 Same Other assets 1,583.660 *54.526

(OOO's Omitted) Varia1941 1940 tion ■C £ £ Notes 22.294 20.854 *1.440 | Deposits - 1 State 8.041 5.998 *2.043 Banks 8.730 13.982 -5.252 Exchange 11.045 8.323 *2.222 Advances— Marketing 0.087 2.928 *3.159 Other 16.500 23.690 -7.190 Ratio (per cent) . 35.096 28.498 *6 598 •Denotes addition. -Denotes minus.