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COMMERCIAL NEWS

THE RESERVE BANK. " -WELLINGTON, October^!. The following is a-statement of. the assets and liabilities of the Reserve Bank of New Zealand as at the close of. business on October 28:— Liabilities—

Total £ (N.Z.) 44,345,959 5 10 Proportion of reserve to notes and other demand liabilities 27.913 per cent. Sterling exchange is expressed in New Zealand currency. • x THE SHARE MARKET* The following sales wero made on the Christchurch Stock Exchange yesterday:—

£ s d. Reserve fund . 1,500,000 0 0 Bank notes .20,200,951 10 0 Demand liabilities— State\ 6,'354,844 17 3 Banks 13,283,070 15 1 Other 2,146,577 4 5 Liabilities in currencies other than New Zealand currency 11,865 2 8 Other liabilities ... 848,649 16 5 Total £ (N.Z.) 44,345,959 5 10 Assets— £ s. d. Reserve— Gold 2,801,852 0' 0 Sterling exchange 8,929,403 6 1 Subsidiary coin .. 98,199 19 8 Advances— Primary Products Marketing Dept. 2,866,371 5 6 For other purposes 25,140,000 0 0 Investments 3,771,720’ 8 0 Other assets 738,412 6 7

Sales on ’Change. £ s d 400 Christchurch Gas (4) 1 3 5 Sates Reported. £500 Christchurch Drainage 44- p.c. 31/12/56 ... 107 0 0 £500 Christchurch Drainage 44 p.c., 30/6/60 107 0 0 125 Christchurch Gas (late Wednesday) 1 3 4 200 Booth, Macdonald (pref.) 0 4 9 0 4 1U , 50 Broken Hill Prop, (ex div.) 2 5 9

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19401101.2.61

Bibliographic details

Ashburton Guardian, Volume 61, Issue 18, 1 November 1940, Page 7

Word Count
220

COMMERCIAL NEWS Ashburton Guardian, Volume 61, Issue 18, 1 November 1940, Page 7

COMMERCIAL NEWS Ashburton Guardian, Volume 61, Issue 18, 1 November 1940, Page 7