COMMERCIAL NEWS
THE RESERVE BANK.
THE WEEKLY STATEMENT. (Per Press Association). / WELLINGTON, July 25. The folloAving is a statement of the assets and liabilities of the Reserve Bank of Ncav Zealand as at the close of business on July 22: Liabilities—
Proportion of reserve ‘ to notes and other demand liabilities 37.G95 per cent. Sterling exchange is expressed in New Zealand currency.
THE SHARE MARKET. The following sales were made on the Christchurch Stock Exchange yesterday : Sale Reported.
£ General reserve ... 1,500,000 s. 0 Ui 0 Bank notes 19,492,362 Demand liabilities— 0 0 State 5,441,491 9 Banks 16,605,918 14 6 7 Other 200,285 Liabilities in eur6 2 rencies other than New Zealand cnrrenew 9,13 1 14 7 Other liabilities .... 866,612 12 a Total £ (N.Z.) 44,115,807 17 9
Assets— £ s. d. Reserve— Gold .< 2,801,840 0 0 Sterling exchange 12,941,18514 7 Subsidiary coin .. 154,106 3 8 Advances — Primary Products Marketing Dept. 3,972,283 16 8 For other purposes 21,510,000 0 0 Investments 2,543,804 2 1 Other assets 193,588 0 9 Total £ (N.Z.) 44,115,807 17 9
£ s. (1. £-100 3.1 pen* rout. Stock, 1953-57 f.9 0 0 £300 4 per cent. Stock, 1052-55 103. 15 0 £500 Gisborne Sheep, Gi ppr cent. (31/8/41) 100 0 0
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AG19400726.2.69
Bibliographic details
Ashburton Guardian, Volume 60, Issue 247, 26 July 1940, Page 7
Word Count
200COMMERCIAL NEWS Ashburton Guardian, Volume 60, Issue 247, 26 July 1940, Page 7
Using This Item
Ashburton Guardian Ltd is the copyright owner for the Ashburton Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Ashburton Guardian Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in