COMMERCIAL NEWS
THE RESERVE BANK. THE WEEKLY STATEMENT. (Per Press Association). WELLINGTON, June 13. The following is a statement - of. the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on June 10:
Proportion of reserve to notes and other demand liabilities 41.963 per cent. Sterling exchange is expressed in New Zealand currency^
PRODUCE IN SYDNEY. SYDNEY, June 13. Quotations in the Sydney produce market are:— , Wheat, Silo grain 4s, bagged 4s 3d. Flour £l2 10s. Bran and pollard £5 10s. Potatoes, Tasmanian £l2, others £8 10s. Onions, brown £l2, white £lO. Maize, new yellow and white 4s 9d. THE SHARE MARKET. Tbe following sales were made on the Christchurch Stock Exchange yesterday:— . Salmon’Change.
Liabilities— 1 £ s. d General reserve ... 1,500,000 0 0 Bank notes ......... 18,331,338 0 0 Demand liabilities— State 7,792,175 10. 8 Banks : 15,177,654 4 10 \ Other 193,577 0 3 Liabilities in eurrencies other than New Zealand currencv 18,620 0 9 Other liabilities ... . 836,316 19 9 Total £ (N.Z.) 43,849,681 19 3 Assets — £ s. d. Reserve— Gold 2,801,839 10 0 Sterling exchange 14,629,099 1 9 Subsidiary coin .. 160,191 1 6 Advances— - Primary Products Marketing Dept. 3,717,379 0 6 for other purposes 19,760.000 0 0 Investments 2,538,654 14 1 Other assets 242,518 11 5 Total £ (N.Z.) 43,849,681 19 3
£ . s.. d. 150 Broken, Hill Propty. 2 0 11 (2) 2 1 0 100 Woolworths (Sydney, ■ord.) . 0 15 8 100 New Zealand Breweries 1 11 0 Sales Reported. £200 4 per cent, stock, • 1943-46 102 10 0 £500 New Plymouth'Harbour, 4* per cent., 1/9/45 101 12 6 £1250 Auckland Gas, 5 per cent, perpetual (2) 101 0 0 200 South British Insurance (2) 2 4 0 100 New Zealand Breweries 1 10 9 50 Broken Hill Plropty. 2 1 6 100 Woolworths (Sydney' ord.) ... ’ i.. 0 15 9
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Bibliographic details
Ashburton Guardian, Volume 60, Issue 211, 14 June 1940, Page 7
Word Count
305COMMERCIAL NEWS Ashburton Guardian, Volume 60, Issue 211, 14 June 1940, Page 7
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