RESERVE BANK FIGURES

Press, Volume LXXII, Issue 21974, 24 December 1936, Page 13

RESERVE BANK FIGURES

CLOSE OF THE YEAR ASSETS AND LIABILITIES (rRESS ASSOCIATION TELEGRAM.) WELLINGTON, December 22. A Gazette issued to-night contains the following statement of the assets and liabilities of the Reserve Bank of New Zealand as a* the close of business for the year on December 21:— Liabilities £ s. fl. (I) General reserve Fund 1.500,000 0 0 (21 Bank Notes .. .. 13,495,522 10 0 (3) Demand liabilities—(a) State .. .1,494,73.') fl 10 lb) Banks .. 10,901,80) 15 8 (c) Other .. 179,704 18 2 14) Time deposits •■ (5) Liabilities in currencies other than New Zealand currencies .. (0) Other liabilites .. 127.28!) 11 11 Total .. .. 20,090,202 4 7 Assets (7) Reservela) Gold .. .. 2,301,790 0 0 (b) Sterling exchange .. 10,085,920 1 5 (c) Gold exchange .. (8) Subsidiary coin .. 112,080 17 8 (fl) Discounts—(a) Commercial and agricultural bills .. (b) Treasury and local body bills .. *— (10) —Advances— (a) To State or State undertakings—(l) Dairy industry account . . 5,998.758 5 9 (2) For other purposes 1.300,000 0 0 (b) To other public authorities .. - (c) Other .. (II) Investments .. 2,700,597 15 10 (12) Bank buildings .. (13) Other assets .. 99,241 3 11 Total .. .. 29.099,202 4 7 Proportion of reserve (No. 7 less No. 51 to note and other demand liabilities, 69.42 per cent. FOREIGN EXCHANGES

(BBITISB OFFICIAL WIRELESS.) RUGBY, December 22. Par. Dec. 21. Dee. 22. Paris, fr. to £1 124.21 105 11-G.4 105 9-04

DOLLAR MARKET RATES The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday, on a New Zealand currency basis. They are sublect to alteration without notice:—

FRENCH AND FOREIGN EXCHANGE LONDON, December 22. United States and French Exchange closed to-day at:—Dollars, 4.9 U; francs, 105 3-1 G to £1 sterling BRITISH WHEAT MARKET LONDON, December 21. Wheat cargoes are quieter. Parcels are 6d to Is lower. Futures are quoted:

CHICAGO FUTURES NEW YORK, December 21. Cents a bushel — December .. ..138.1 May .. .. 132 H July .. .. 1173 STOCK EXCHANGES SYDNEY The Sydney Stock Exchange closed yesterday for the Christmas vacation. Sales:— £ -s. d.

. LONDON SALES LONDON. December 22. The following sales are reported:— Mount Lyell, £1 10s. New Guinea, 4s 6d. Dalgety and Company 4 per cent, debentures, £lOl. British Tobacco. £1 18s 9d. Goldsbvough, Mort, £1 10h. Dalgety and Company (£5), £8 17s 6d, &jand O. (deferred), £l 9s gd» ,„.„,

New York, dol. to £1 4.8GG 4.91 4 91'5-16 Montreal, ' dol. to £1 4.866 4.90} 4.90J Brussels. belgas to £1 35 29.03 29.07 Geneva, fr. to £1 25.2215 21.36 21.37J Amsterdam. n. to £i 12.107 8.96J 9.97 J Milan, lire to £1 S2.46 93J 93 5-16 Berlin, reichinarken to £1 2D.43 12.201 12.21 Copenhagen, kr. to £1 18.159 22.40 22.40 Stockholm, kr. to £1 18.159 19.39J 19.391 Oslo. kr. 1o £1 18.159 19.90 19.90 Vienna, schgs. to £1 34.585 2GJ 2Gi Prague, kr. to £1 1G4.25 1392 139 11-16 Hclsingfors, marks to £1 193.23 2263 226j Madrid, pesetas to £1 25.2215 — — Lisbon, escudos to £1 110 110 3-16 110 3-16 Athens, drach to £1 375 547 J 5471 Bucharest, lei to £1 843.6 670 670 Belgrade, dinars 25.2215 213 213 Rio de Janeiro, pence to milreis 4.899 4i 41 Buenos Aires. pence to dol. 51 — — Montevideo, pence to dol. 392 392 Bombay, pence to rupee 19 18 5-32 13 5-32 Shanghai, pence to dol. 14 7-16 14 7-16 Hong Kong, pence to yen 14 29-32 14 29-32 Yokohama, pence to yen 14 13 63-64 Bala via, guilders 12.107 8.97J 8.971 Warsaw, par zlotys to £ 1 43.36 — — ♦Determined by price of silver.

U.S.A. (Per ; Dol. . Canadi £1 N.Z.) Dol. Selline— T.T. O.D. .. 3.931 .. 3.94 3.93 3.93 Buying— T.T. O.D. .. 3.97?, .. 3.983 3.901 3.978

Dec. 17. Dec. 21. London (qr.)— s. d. s. d. January . 44 11$ 46 1 March — — — — May . 43 4 44 0 Liverpool ("cental) — December . 9 51 9 73 March 8 9i 8 10^ May 8 81 8 9g July . 8 63 8 8i

Commonwealth Bonds— 3.1 per cent., 104S! \ .. 95 2 (i .°.3 per cent., 1951 .. 97 10 0 4 per cent., 15J3B ..101 2 6 4 per cent.. 1941 ..101 7 6 4 per cent., 1944 ..101 0 0 4 per cent., 1950 .. 101 5 0 4 per cent., 1933 .. 101 10 0 4 per cent., 19:55 .. 101 5 0 Australian Gas A 7 10 0 Aiistrnlian Gps B 7 10 0 Jiroken Hill Prop. .. 4 :i :i Dunlop Perdriau 0 18 0 Electrolytic Zinc .. 2 12 6 General Industries 0 19 a GoldsbroiiRh, Mort .; 1 16 (< I-[enry Jones 2 8 0 Howard Smith .. !<.;.'( 0 Lustre IP. G Meggitts .. 1 10 9 Sargcnts .. 1 10 6