B—l6

AMOUNT OF MONEY The table below shows the changes in the total amount of money in the form of coin, notes, and bank demand deposits during recent years :

Amount of Money in New Zealand in the Form of Coin, Notes, and Bank Demand Deposits* (£(N.Z.)millions)

8

— Coin. Notes. Trading Bank Demand Liabilities. Government Deposits at Reserve Bank. Other Demand Liabilities Reserve Bank.t Total Amount of Money. Annual Increase. Last Mondayin March — 1939 1-38 11-18 38-45 3-82 1-03 55-9 0-6 1940 1-62 14-84 46-64 6-78 0-11 70-0 14-1 1941 1-69 17-16 53-68 6-27 0-93 79-7 9-7 1942 1-85 20-18 61-52 13-46 0-21 97-2 17-5 1943 2-23 26-18 77-14 15-56 0-37 121-5 24-3 1944 2-47 31-19 85-09 18-09 0-89 137-7 16-2 1945 2-62 34-19 93-66 16-80 0-69 148-0 10-3 1946 2-89 36-64 110-92 29-21 0-79 180-5 32-5 1947( Wednesday) 3-04 39-63 126-79 17-43 0-55 187-4 6-99 Last Monday of month-— 1946— March 2-89 36-64 110-92 29-21 0-79 180-5 April 2-92 37-89 114-65 24-33 0-29 180-1 May 2-96 37-74 114-90 19-10 0-38 175-1 June 2-99 37-84 116-63 18-57 0-82 176-9 July 2-99 38-36 116-42 15-02 0-30 173-1 August 301 38-86 118-08 12-73 0-37 173-0 September 3-01 38-86 120-39 13-42 0-48 176-2 October 3-11 39-80 120-08 14-34 0-43 177-8 November 3-04 39-06 120-62 12-71 0-84 176-3 December 3-18 41-76 122-72 12-20 0-26 180-1 Last Wednesday of month — 1947— January 3-03 39-71 126-10 14-74 1-05 184-6 February 3-02 39-36 128-71 20-27 0-46 191-8 March 3-04 39-63 126-79 ' 17-43 0-55 187-4 * Excluding deposits held at savings-banks. f Excluding balances held by the trading banks.