Article.

RESERVE BANK RETURN

Evening Post, Volume CXXXVII, Issue 11, 14 January 1944, Page 3

 

RESERVE BANK RETURN

STERLING EXCHANGE HIGHER,

Details of the Reserve Bank of New Zealand return for the week ended January 3. 1944, compared with those for the week ended I December 27, 1943, are:— Liabilities— £NZ. £NZ. General reserve 1,500,000 Unchanged Bank-notes 37,536,575 U82.028 Demand Liabilities— State 14,853,582 f1,442,248 Banks 33,699,837 *334,345 Other 203,766 t376,274 Other currencies 10,754 Unchanged Other liabilities 4,036,537 *2,106,513 £91,841,052 *341,310 Assets— £NZ. SNZ. Keserve Gold 2,801,877 Unchanged Sterling exchange 34,907,213 '*1,290,873 Subsidiary coin 67,067 "1,398 Advances to State— Marketing 842,778 *163.633 Other purposes 40,635,000 Unchanged Investments 10,324,320 Unchanged Other assets 2,262,796 t1,H5,595 £91,841,052 »341,310 ♦Increase. tDecrease. Proportion of reserve to notes and other de- mand liabilities. 43,686 per cent., compared with 41.344 per cent, for week ended December 27.

Principal figures in the return for the corresponding week last year were:—Bank-notes, £30,674,298; demand liabilities to the State, £12,565,006; to the banks, £18,511,196; sterling exchange (N.Z. currency), £25,676,059; advances to the Marketing Department, £578,303; to the State for other purposes, £30,000,000; investments, £4,459,272; reserve to liabilities, 45,470.

Click here to view this newspaper article

This text was automatically generated by a computer. It has not been manually reviewed or corrected and may include errors. You can view the article in its original format or read the entire page.

About the computer-generated text

Optical Character Recognition (OCR) is a process for automatically extracting text from scanned pages. OCR enables searching of large quantities of full-text data, but it is not 100% accurate. The level of accuracy depends on the print quality of the original newspaper and its condition at the time of microfilming. Newspapers with poor quality paper, small print, mixed fonts, multiple column layouts or damaged pages may have poor OCR accuracy.

The page where this item appears has an estimated OCR accuracy of 98.10%.