RESERVE BANK FIGURES

Press, Volume LXXIII, Issue 22194, 10 September 1937, Page 15

RESERVE BANK FIGURES

SOUTH AFRICA BUYS BUTTER OVERSEAS SUPPLIES ORDERED (UNITED Pr!eSS ASSOCIATION COPYRIGHT.) CAPE TOWN. September 8. The Dairy Control Board has ordered butter from overseas as a precautionary measure against continuance of the drought. BRITISH WAR LOAN (BRITISH OFFICIAL WIRELESS.) RUGBY, September 9. War Loan, 3J per cent., is quoted at £IOO 2s 6d. NEW YORK CALL CONEY NEW YORK, September 8. Call money is unchanged at 1 per cent.

WEEKLY STATEMENT ASSETS AND LIABILITIES (PRESS ASSOCIATION TELEGRAM.) WELLINGTON, September 9. The following is the statement of thassets and lirb'lities of the Reserv Bank of New Zealand as at the do?r of business on Monday, September 6, 1937:— Liabilities £ s. d (1) General reserve 1.500.000 0 0 (2) Bank notes 12,913,087 0 0 (3) Demand liabilities0 (a) State 5.472,141 2 (b) Banks 8,450.126 17 8 (c) Other 715,106 18 1 (4) Time deposits .. — (5) Liabilities in currencies other than New Zealand currency 92,521 (6) Other liabilities .. 5 4 Total .. 29,142,983 3 1 Assets (7) Reserves— 2.801.791 0 (a) Gold 0 (b) Sterling ex18,794,615 8 change 1 (c) Gold exchange — (8) Subsidiary coin .. 96,693 9 3 fP) Discounts— (a) Commercial and agricultural bills — (b) Treasury and local body bills — 110) Advances— (a) To the State or State undertakings— (1) Dairy industry 3,979,561 account 4 5 (2) For other purposes 500,000 0 0 (b) To other public authorities (c) Other ■ (11) Investments 2,906,450 0 0 (12) Bank buildings — (13) Other assets 63,872 7 9 Total .. 29,142,983 3 1 Proportion of reserve (No. 7 ' /ess No. 5) to notes and other demand lia bilities, 78.388 per cent.