COMMERCIAL

Press, Volume LXXIX, Issue 23914, 5 April 1943, Page 6

COMMERCIAL

RESERVE BANK

STATEMENT OP ASSETS AND LIABILITIES (P.A.) WELLINGTON. April 3. A statement of assets and liabilities of the Reserve Bank of New Zealand at the close of business on March 29, with figures for the previous week in parenthesis;— Liabilities.—General Reserve Fund, £1,500,000 (£1,500,000); bank notes. £30,347,610 (£30,283,244); demand liabilities; State, £15,560,049 (£17,036,887): banks, £20,829,963 (£20,670,203); other. £367,041; liabilities in currencies other than New Zealand currency, £12,687 (£12,758): other liabilities, £1,667,691 (£1,661,359); total, £70,385,041 (£72,479,481). Assets.—Gold, £2,801,878 (£2,801,878); sterling exchange in New Zealand currency, £22,230,554 (£31,731,777); subsidiary coin, £24.032 (£25,902); advances to the Marketing Department, £4,309,238 (£4,936,293); for other purposes. £28,135,000 (£26,175,000); investments, £10,458.322 (£4,458,442); other assets, £2,326,018 (£2,350,190); total, £70,285,041 (£72,479,481). Proportion of reserve to notes and other demand liabilities, 37.285 per cent. (49.81 per cent.). MINING Blackball Creek.—The Blackball creek return last week was 30oz for 117 hours. Snowy River. —There was no wash-up last week, the machinery being under repair. Golden Sands.—The return for 20 shifts was 20oz 12dwt.