THE RESERVE BANK.

Waikato Times, Volume 119, Issue 19899, 30 May 1936, Page 4

THE RESERVE BANK.

RISE IN NOTE ISSUE. ._. FALL IN BANKS' DEPIO‘SITS. \VELLINGTON, Friday. 1 The Reserve Bank return for the week ended Monday, May ‘ls, was gazetted to—night. The statement is balanced at $28,986,095. tor £28,585 more than at the close of the previous week. , The note issue has Increased by $30,646, this movement following a fall of £8514 the previous Meek. Government deposits have risen by £356.134, while, largely counter—balancing this, there has been a fall of £305,540 in the level of the trading hanks' ‘deposits. , On the assets side, sterling exchange ,is lower by £102,500. The investment titem has increased by £103,737, while ‘other assets are £27,276 higher. The statement with variations com‘pared with the week before is as fol—lows : ’ LIABILITIES. variation i.G'en. reserve .. £1,500,000 Same [ 9.lmm notes . 10,156,795 130,6(6 , 3lDemand liabilities~ . (a) State .. 8,983,270 T 356,134 ’ (13) Banks .. 8,073,108 4105.540 (c) Other ~ 190,155 40,271; 6. other liabilities 77.757 -237!) Total .. 228,986,095 “228,585 ASSETS 7.Reserve—(a) Gold 2.801.733 Same (h) Sterl. Ex. 23,737,755 102,500 1 B.sllhsldiary coin 200,874 +72 ‘l].illVPSlll‘lEllt .. 'i,905,994 “03,737 13.0 mm assets .. 240,739 t27,‘.’76 ‘ Total .. ... 228,986,005 T£28,585 ‘ Proportion of reserve to notes and other demand liabilities, 96.829 per cent (97.716 last week). ,