THE RESERVE BANK.
DECREASE IN NOTE ISSUE. FALL IN STERLING EXCHANGE. (By Telegraph—Press Association.) WELLINGTON, Tuesday. The Reserve Bank return for the week ended Monday, June 1, was gazetted to—nig‘ht. The statement is baluiiCO'l at 228,758,474, 01' £227,6211e5s than at the close of the previous week. A decrease of £82,381 is shown in the total of the note issue. Government deposits are higher by £149,536, while those of the trading banks have decreased £389,541. Other demand iiuliilities are down by £3983. The total of sterling exchange has fallen by £249,392. The investment item is £12,647 higher, while other assets have increased £9063. The statement with variations compared with the week before is as fol-
lows :— , LIABILITIES. \ Variation L (ion. reserve . . £1,500,000 same ‘2. Bank notes . 10,124,414 432,331‘ :5, Demand “abilities—— {a} lee .. 9,139,806 1149,5361 (1:) Bank; .. 7,738,567 —-339,541 (r) Ulllel' . . 130,132 4,933 0‘ Omcr Hal). . . 71%,505 -1353‘ Total .,,_ $95,758,47i —£'227,621 ASrE'l‘S ‘ T. Roscruu— ‘ (in Gold .. £9,801,735 Same (11] MPH. Ex. 23,088,3fi3 -240,:193 S. Subildial'y cniu £110,935 1-5] I I. Im-nsmwnt .. 1,008,631 119.6” I3. (Hhor assets . 258,802 f9_ue3 Toull {293,758,474 —£9i‘7,0‘.’l Prnpnmion of reserve to notes and anu- demand liabilities. 90.718 per cent (96.829 last \\'Eek). _—
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Waikato Times, Volume 119, Issue 19904, 5 June 1936, Page 7
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195THE RESERVE BANK. Waikato Times, Volume 119, Issue 19904, 5 June 1936, Page 7
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