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RESERVE BANK RETURN

Sterling exchange held by the Reserve Bank fell from the record high level of £B6 943,000 to £82,416.000 during the week tO The°nabfllUes and as«,ts a,: the hank as at August 22, compared with the previous week, are as follows: Liabilities.—General Reserve £1,500,000 (same); bank notes, £60,689.000 (£60,384,000); demand liabilities. State, £17,060.000 (£16,245.000); „ - £78,801,000 (£76,088,000); others, £5.910.000 (£6,480,000); liabilities in currencies other than New Zealand cjirrency, W4.0T0 (£11,000); other liabilities, ££o*B.ooo (£4,925,000). Total, £169,031,000 (£165,632,000). Asset*.—Reserve: gold, (£5.262,000); sterling exchange, £82,416,000 (£86,943,000); other exchange, £338.000 (£390,000); subsidiary coin, £609,000 (£631,000); discounts: Commercial and Agricultural Bills, £216,000 (same); advances: to the State Marketing Organisations. £1.877.000 (£1,664,000); for other purposes, £50,108,000 (£50,088,000); other £6,019,000 (same); Investments, £19,457,000 (£ll?97L000); other assets, £2,725,000 (£2.445,000) Total. £169,031,000 (£165,632,000).

. PRICE OF TIN (N.Z. Press Association— Copi/ripht) LONDON, August 29. I Tin is quoted at £992 10s for spot delivery and £902 10* for forward.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19510831.2.130

Bibliographic details

Press, Volume LXXXVII, Issue 26514, 31 August 1951, Page 12

Word Count
151

RESERVE BANK RETURN Press, Volume LXXXVII, Issue 26514, 31 August 1951, Page 12

RESERVE BANK RETURN Press, Volume LXXXVII, Issue 26514, 31 August 1951, Page 12