LONDON FUNDS HIGHER
(P.A.) WELLINGTON. Monday. The Reserve Bank return lor the week ended Monday, July 20. with variations in the figures compared with the previous week, in parentheses, is as follows:—Liabilities: General reserve. £1.500.000 (same) : bank notes, £25.889.094 (-r £383.232): demand liabilities: State. £17.346.172 ( -j- £ 101.479); banks. £ 19.097.229 (+£474.299*; other. £1.386.679 (-r £ 150.748): other currencies. £63.729 ( —46.673); other liabilities. £1.164.189 (-f £3.624). Total. £66.447,092 <-r £ 1.066.709). Assets.— Reserve: Gold. £2.801.877 (same); Sterling Ex.. £24.755.584 (-£150.748): other currencies. £63.729 ( —£46.673) Advances: Marketing, £11.014.770 ( — £541.841); other. £22,300.000 (same): investment. £4.146.340 ( —£6B): other assets. £ 1.401.873 ( + £294.807). Total. £66,447.092 (-r £ 1.066.709). Proportion of reserve to notes and -other demand liabilities. 43.148 per cent (41.731 last week). Three Years Compared The following table shows the position of the Bank's funds at this date lor the past three years (in thousands of pounds):— 1940 1941 1942 Bank Notes 19,492 21,730 25,889 Deposits— State 5,441 10.270 17.346 Banks 16,606 12,901 19,097 Exchange 12,941 14,963 24,756 Advances — Marketing 3,972 5,775 11,015 Other 21,510 19,000 22.300 Ratio (p.c.) 37.695 39.114 43.148
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Auckland Star, Volume LXXIII, Issue 176, 28 July 1942, Page 3
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173LONDON FUNDS HIGHER Auckland Star, Volume LXXIII, Issue 176, 28 July 1942, Page 3
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