THE RESERVE BANK.

Waikato Times, Volume 119, Issue 19892, 22 May 1936, Page 7

THE RESERVE BANK.

FALL IN NOTE IBBUE. DECREASE IN STATE DEPOSITS. (By Telegraph.—Press Association.) WELLINGTON, Thursday. The Reserve Bank return for the week ended Monday, May 18, was gazetted to-night. The statement is balanced at £28,957,510, or £37,978 more than at the close of the previous week. The note issue has again fallen slightly, being £8514 below the level of the week before. State deposits are down by £287,677, while those of the trading banks have increased £175,382. Other demand liabilities are greater by £156,859.

The sterling exchange reserve has fallen by £74,890 compared with the figure a week before. The investment item has increased £75,594, while other assets are £39,537 higher. The statement with variations compared with the week before is as follows :

Proportion c? reserve to notes and other demand liabilities, 07.313 per cent. (07.710 last week}.

LIABILITIES. Variation 1. reserve £1,500,000 Same 2. Bank notes .. 10,126,140 £8,514* 3. Demand liabilities— (a) State .. 8,627,136 287,677* (b) Banks .. 8,383,648 175,382 + (c) Other 240,441 156,850 + 6. Other llubllit. 80,136 l,928t Total .... £28,057,510 £37,978 + assets 7. Reserve— (a) Gold .... £2,801,7.13 Same (b) Sterl Ex. 23,840,255 £74,890* 8. SllbSlcl. COiir 200,802 2,263* 1 1. Investment .. 1,892,257 ,'7,.59 4 + 13. Other assets 222,463 39,oW Total .... £28,957,510 £37,978 + + Increase. • Decrease.