RESERVE BANK OF N.Z.

Auckland Star, Volume LXXIII, Issue 125, 29 May 1942, Page 2

RESERVE BANK OF N.Z.

STERLING FUNDS HIGH (P A.) WELLINGTON, Thursday. The Reserve Bank return gazetted today, showing assets and liabilities at the close of business on Monday, May 25. with variations in the figures compared with the last preceding statement, is as follows:— LIABILITIES Variation ■£ £ Bank notes 24.652.196 +314,573 Demand liabilities:— State 11,625.569 +175.767 21,070.685 +330.159 other 4,199.242 +1,080.188 Other currencies 23.727 +11 210 Other liabilities 1.461.703 +121869 Total 64,533,123 + 1,924,767 ASSETS Reserve:— G° ld ,, • 2.801.877 Same , Sterling Ex 22,774.577 +2,000.556 Subsidiary coin 45,045 —3,358 Advances: — Marketing 11,452.801 —130,663 other 22.300.000 +100.000 Investment 4,146.128 Same Other assets 1,012,694 —41,767 Total 64.533,122 + 1,924,767 II J escrve to notcs other demand week) 41517 P* T cent (39.505 per cent last Three Years Compared The following tabic shows the position of the Banks funds at this date for the past three years (In thousands of pounds):— „ , „ 1940 1941 1942 Bank Notes 17,951 21,782 24 652 Deposits:— State 6,189 8.476 11,626 Banks 15,766 13,893 21,071 Exchange 13.719 21,240 22.775 Advances— Marketing 3.516 4,267 11,453 Other 19.660 13.500 22,300 Ratio (per cent) .. 41.097 53.981 41.517