RESERVE BANK RETURN.
STERLING EXCHANGE BETTER. HIGHBR NOTE ISSUE. (By Telegraph.—Press Association.) WELLINGTON, Wednesday. A statement of the assets and liabilities of the Reserve Bank of New Zealand ae at the close of business on Monday, March 18, is as under:— LIABILITIES. Variation. £ £ General reserve ... 1.f>00.000 Same Bank notes 18,290,270 +294,002 Demand liabilities — State 8.817,564 —1,433,388 Banks 11,879,257 +837.710 Other 92,362 —50,296 Other currencies .. 13.077 +325 Other liabilities .. 857,213 +14,934 Total 41,449,749 —336,713 ASSETS. Reserve— Gold 2,e01,R31» Sam* Sterling Eoc 12,138.530 +292,173 Subsidiary coin .. 150,784 —2,075 Advances —■ Marketing 3.277,762 —78,744 Other 10,560.000 —700,000 Investment 3,145,70£« —20,316 Other assets 368,132 +172,249 Total 41,449,749 —336,713 Proportion of reserve to notes and other demand liabilities, 38.192 per cent (37.111 laet week). Two Years Compared. The following table ehowe the position of the bank's funds at this date for the paet two years (in tftioueands of pounds): 1939. 1940. Bank notes 14,7»9 18,290 Deposits— State .",494 8,817 Banks 8,560 11,879 Exchange .... 4,591 12,130 Advances — Marketing 7.317 3,277 Other . 12.665 19.560 Ratio (per cent) 25.026 38.192
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Auckland Star, Volume LXXI, Issue 69, 21 March 1940, Page 4
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171RESERVE BANK RETURN. Auckland Star, Volume LXXI, Issue 69, 21 March 1940, Page 4
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