THE RESERVE BANK

Waikato Times, Volume 128, Issue 21364, 7 March 1941, Page 2

THE RESERVE BANK

RISE IN DEPOSITS STERLING MIjCII HIGHER <By Telegraph.—Press Association) WELLINGTON, Thursday An increase or £1,002,654 in the level of Government deposits, to a total of £ll-, 2 48,910, shown in the Reserve Rank return lor tue week ended Monday, March 8, can he attributed to the payment or income tax, llnally due two days later. The statement with variations compared with the week before is as follows: Liabilities

Proportion or reserve to notes and older liabilities. jn.aos per cent Cio.:n:j last Tile prineipul item- j M this week's retiirn are e..mpar< i| with those at the n»rrespoiidmir date last year in the following table

General reserve Bank notes .... Demand liabilities Banks Other enrreneies Other liabilities £ 1,500,000 2 1 ,'204,283 11,248,916 15,296,234 39a,704 12,4 55 1,070,078 Variation -m!?94 1 1,602,654 — 1,1 95,950 -302,827 1 1,477 -7,8 93 Total .... 50,785,970 -20,733 Resei \ e— Assets Sterling' ex. . Subsidiary coin . Marketing other Investment Other assets ... Total .... 2,7 S3,r, 27 _ 1 .5 0 0,0 97 *113,847 — 2,3.89 -3 2 4.8 0 2 II 92. l‘ 12 -20,733

Ohh.’s omitted'. - * * 1 •' 1 1 If'" Vfi rf ;i i ion •• 1-1 I lt*p<»~ 1 1 >— Mai' 1 •• H MO ♦ i.r.s-i Hank:* . . i i j : j| K\e!i:m^ r e . t'.Tel In.ie'l .VI \ — Marketing- i.- i.iil Rauo ip.r. » 4«'» ;.-ja -.7 7 ii-lci * Increase. -Decrease.