B—l6

AMOUNT OF MONEY The table below shows the changes in the total amount of money in the form of coin, notes, and bank demand deposits during recent years :

Amount of Money in New Zealand in the Form of Coin, Notes, and Bank Demand Deposits* (£(N.Z.)millions)

8

— Coin. Notes. Trading Bank Demand .Liabilities. Government Deposits at Reserve Bank. Other Demand Liabilities Reserve Bank.f Total Amount of Money. Annual Increase. Last . Monday in March— 1939 1-38 11-18 38-45 3-82 1-03 55-9 0-6 1940 1-62 14-84 46-64 6-78 0-11 70-0 14-1 1941 1-69 17-16 53-68 6-27 0-93 79-7 9-7 1942 1-85 20-18 61-52 13-46 0-21 97-2 17-5 1943 2-23 26-18 77-14 15-56 0-37 121-5 24-2 1944 2-47 31 • 19 85-09 18-09 0-89 137-7 16-3 1945 2-62 34-19 93-66 16-80 0-69 148-0 10-2 1946 2-89 36-64 110-92 29-21 0-79 180-5 32-5 1947(Wednesday) 3-04 39-63 126-79 17-43 0-55 187-4 6-9 1948(Wednesday) 317 40-76 142-35 23-15 0-58 210-0 22-57 Last Wednesday of month— 1947— March 3-04 39-63 126-79 17-43 0-55 187-4 April 3-01 j 39-89 128-86 12-90 0-32 185-0 May 3-03 39-79 131-55 11-73 0-53 186-6 June 3-10 39-84 131-77 9-71 0-36 184-8 July 311 40-33 129-05 10-57 0-50 183-6 August 3-11 40-35 126-95 10-11 0-36 180-9 September .. 3-12 39-92 126-90 9-79 0-44 180-2 October 312 40-03 125-57 9-59 0-37 178-7 November .. 3-13 40-12 126-92 11-20 0-59 181-9 December .. 3-32 42-79 128-22 11-13 0-50 186-0 1948— January 3-29 40-91 134-45 12-56 0-92 192-1 February .. 3-27 40-51 141-83 17-87 0-43 203-9 March 3-17 40-76 142-35 23-15 0-58 210-0 * Excluding deposits held at savings-banks. f Excluding balances held by the trading-banks.