RESERVE BANK RETURN
The demands of Christmas trading are responsible for a rise in the note issue by £3,602,000 to £70,442,000. This is the only change of any consequence shown in the return of the Reserve Bank of New Zealand for the week ended December 9. Details are as follows; Liabilities
LTh§ amount shown above as investincludes sterling investments of £23,840,000 expressed in New Zealand currency.]
Dec. 2. (£000) Dec. 9. (£000) General reserve 1,500 1,500 Bank notes .. 66.820 ■ 70.422 Demand Liabilities— State 11,870 13,577 Banks 93,208 87,306 Other 2,145 1,876 Other currencies .. 117 114 Other liabilities 7,101 7,092 __ . Total .. 182,762 181,867 „ Asseti Reserve— Gold (at cost) 6,029 6,029 Sterling exchange .. 60,771 59,896 Other exchange 457 401 Subsidiary coin 632 630 Advances to StateMarketing .. 857 1,044 Other 55,144 54,882 Other advances 6,019 6,019 Investments 52,053 52,058 Other assets 802 928 ■ Total 182,762 181,887
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Bibliographic details
Press, Volume LXXXIX, Issue 27224, 16 December 1953, Page 15
Word Count
143RESERVE BANK RETURN Press, Volume LXXXIX, Issue 27224, 16 December 1953, Page 15
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