RESERVE BANK

Press, Volume LXXI, Issue 21577, 13 September 1935, Page 15

RESERVE BANK

WEEKLY STATEMENT ASSETS AND LIABILITIES CPBSSS ISSOCIATIOX TEUtSBAM.) WELLINGTON, September 12. A Gazette issued:to-night contains a statement of the assets and liabilities ef the Reserve.Bank of New Zealand as at the close of business on September 9:— Liabilities ■ - ■'■£ s. d. (1) Paid-up capital .. 500,000,0 0 (2) General reserve * fund '.'. 1,000,000 0 0 (3) Bank notes ... 8,805,445 0 0 (4) Demand liabilities — (a) State .. 10,745,862 16 0 (b) Banks .. 3,977,783 211 (c) Other • ...' 89,642 17 11 (5) Time deposits .. (6) Liabilities in cur- ' ■ rencies - other than New Zea- " land currency .. (7) Other liabilities 63,730 15 5 Total .. £25,182",464 12 3 ' ' Assets . (8) Reserve — (a) Gold ..- . ... 2,801,732 10 0 (b) Sterling exchange .. 20,030,999 011 (c) Gold exchange > f m Subsidiary coin .. 219,668 17 5 CO) Discounts—- * (a) Commerc i a 1 and agricultural bills .. ' (b) Treasury and -» local body bills (ID Advances—(a) To State . or State undertakL* ings .. ' —' »! (b) To other public authorities .. (c) Other .. (12) Investments .... 2,102,858 11 5 (13) Bank buildings „ (14) Other assets ..." 27,205 12 6 . Total .'. £25,182,464 12 3 Proportion of reserve (No. 8 less No. (J) to notes and other demand liabilities, 96.67 per cent, PREFERENCE SHARE ISSUE *''■"■■ | * DOMINION BREWERIES DECISION

{.THE rSESS ByecUl Serrlee.] AUCKLAND, September 12. Shareholders in Dominion Breweries, Ltd., at a meeting to-day, carried unwiimously a proposal to issue 40,000 preference shares of £1 each. new shares will be available to shareholders in the ratio of one preference share for every two ordinary shares The shares will carry a cumulative dividend of 5 per cent, and will rank equally with ordinary shares for dividend in the event of profits being available after payment of a dividend of 5 per cent on ordinary shares. FROZEN MEAT KILLINGS FOB EXPORT The New Zealand Meat Board reports that killings for export at lorwoTks during the reason, from October 1, 1934, to August 31, 1935, were as follows: North South Island. Island. Beef, quarters .. 398,283 .2,028 Wether mutton, e'es 795,626 153,706 Ewe mutton, e'es.. 697,907 499,659 Lamb, carcases .. 4,437,466 4,401,799 Pork— Porkers, carcases 402,118 21,058 Baconers, carcases 140,159 12.WU Boneless " " \ nnn . freight carcases 291.331 « 40,004 Sundries, frt. e'es. 319,572 87,085 Stocks on hand and in store in New Zealand at August 31, 1935, were as follows: . _■'.,_ North South Island. Island. Beef, quarters .. 72,093 416 Wether mutton, e'es. 79,089 28,667 Ewe mutton, e'es .. 86.440 127,354 Lamb, carcases ■ .■ .. 40,670 107.143 pork—(Jßprkers, carcases .. 29,936 2,598 carcases .. 5,706 576 Boneless beef, frt. e'es.' 65,536 7,648 Sundries, freight e'es. 88,817 6,868 Stocks of frozen meat loaded into vessels not departed from New Zealand:- / Aug. 31, Aug. 31, . 1935. 1934. Beef, quarters .. 1.333 9,908 Wether mutton, c «cs. 0,735 32,813 Ewe mutton, e'es. .. 55,341 ,35,240 Lamb, carcases .. 69,946 162,348 Pork— Porkers, carcases .. |§B 8,961 Baconers, carcases'.. 279 Z,649

K. D. V. BOXE& LTD.

INCREASED DIVIDEND [THE 3PBEBS Specie! Serriee.'J AUCKLAND, September 12. • The second annual report of K.D.V. Boxes, Ltd., covering the 13 months . ended June 30, discloses a net profit ■Of £4806, as against £2414 earned in . the previous year. The year 8 distri. ■ hution of 8 per cent, .compares with per cenf. in the.previous year.