THE RESERVE BANK.

Waikato Times, Volume 119, Issue 19886, 15 May 1936, Page 8

THE RESERVE BANK.

LOWER NOTE ISSUE. \VELLINGTON, Thursday. The Reserve Bank return for the week ended Monday, May 11, was 'gazetted to-night. The statement is balanced at $28,919,532. or £71,730 more than at the close of the previous week. The note issue. which showed a [smell recovery in the last return from the fall experienced after Easter, is again lower, by £122,800. Government deposits have increased by £437,956, while the holdings of the trading banks are £201,408 lower. Other demand liabilities have fallen £42,927. The principal movement on the assets side is an increase of £70,801 in the item other assets. Sterling exchange shows the negligible full of £299 on the level of the week before. The statement with variations com—pared with the “eel; before is as fol—lows: LIABILITIES. Variation 1. can reserve £1,500,000 same 2.13 am; notes .. 10,134,663 £122,500:1. Demand liabilities—(a) State .. 8,014,813 437,956+ (b) Banks .. 8,208,261; 201,403' (8)011191‘ .. sass: 42,12270. other liabiltt. 78.205 91:57 1 Total £213,919,“: £71,731»? Assms. ‘ 7.Reserve—— ' (a) Gold £2,801,733 same (1)) Sterl. Ex. 93,915,115 9179' 8. :‘ubsid. Cum 203,005 100' 11. lm'csllnent ~ 1,816,503 1,276? 13.0ther 3550!»: 180,026 70,8021‘ Total 223,919,532 £71,739? 1‘ lngrnastu ' Decrease. Proportion of reserve to notes and other demand liabilities, 07.710 per cent. (07.07 last week).