RESERVE BANK RETURN

Evening Post, Issue 149, 20 December 1935, Page 10

RESERVE BANK RETURN

seasonal increase in ; notes

: The statement of the liabilities and : .assets-of'the:-* Reserve Bank of-New Zealand for the week ended December 16, 1935, compared with that for the week ended December 9, shows the following changes:— LIABILITIES. S s. (1. £ Paid-up capital : EOO.OOO 0 0 Unchanged General reserve * .fund ..;..... 1,000,000 0 0 i'uohanced Bank-notes .'. 10,391,443 10 0 " *412,027 Demand Liabilities— Stnte' :.,05j,113 10 3 t3ti3.7Bt Banks . 8,441.38S S .1 f35,409 Other' 424,409 8 6 -111,030 Liabilities In currency other than. -N.Z. currency ... 124,000 0 0Otherl liabilities 111,007 10 2 *7.204 £26,017,512 16 J ASSETS. E- • s.' d. S : Reserve— Gold 2,801,733 0 0 Unchanged Stcr'llDE exchanee ...'21,461.474 5 10 ♦■10,679 Subsidiary coin". 1, 190.851 15 .1 t5.581 Investments ... 1,547.763 S 6 *3,. r)00 ' Other ;as«ts .. 311,710 0 8 tH,229 £20,047,512 10 3 •Increase tDecrcase. Proportion of reserve (reserve less i liabilities in currencies other than New- Zealand currency), 99.29 D per cent.,; compared with 99.194 for the ■week ended December 9.

FOREIGN EXCHANGE RATES

'■■■ Closing' sight rates as quoted by the ' BanK of New South Wales, Wellington, , toaay, for buying and selling foreign ,\. currencies based on New Zealand '.'.'■ currency arc-as follows:— '• On On -■' i,..' - demand, detuaud. "■..;■■ ■'■■ ■:;-...-. Buylni;. Selling. ■.'■■'Kew Zealand on £ 8. d. S '».<!. London:—£ N.Z. .to £ ■:• stg: 100 ~...:....... 123 10 0 124 8 9 .Australia— £A to £N.Z. 100 '; mi 0 0 too in 0 FIJI—£F to £ N.Z. 100 . f>o 7 B 89 0 0 . New , York—Dollars to .'/■■ £N.Z.'l. ..' 4.00 5.93V4 Uohirea I—Dollars •U> £ ' ■ ' ' ■K.Z.I. ..,■..... 4.039 i 5.90V6 .Austria—Schillings ,;to£. .:. . ■ ■ • :■■ . N.Z. 1. — • 20.85 . EelEium —Belzas to £ N.Z. 1. — 23.230 CaechiisldTaida—Crowns ■ to- £N.Z. 1. — . W. 26 Don m'arli—Kroner to £ N.Z. 1. IS.IMB -n 9:18 Tron^e^Franrs lo £■ ■ N.Z." 1. ..." . 01.02' 59.47 '' iGermau.v —Relciiniarks lo £N.Z. 1. :.......... — - 9.0-13 ■Holland— Florins to £ .: N.Z.i: .... . 6.036 ■ •■ 5.7-10 . ■-■ Java—Florins to £ ■: N.Z.I 5.95 L 5.710 Nonj'ayr-Kroner to £ i N.Z. 1 10 210 15.U30 Sweden—Kronor to £ . N.Z. 1. 1.1 8(jl) 15.520 BwUwfi'a'rii—^Francs ■ to ■■■■■■■._.■ £N.Z. 1... 32.522 12.057 :NoumiKa--Praties to £ N.Z. 1. ..:.:......;. 62.07 55.72 Panede—Francs to £ y.z.i. :.:■.'...: '62.07 ss."2: . . Hong . Kbng— N'.Z.' pence to 1 dollar .........•: 1815-18 20 ir r 32 :,- India, .and- Ceyloh—N.Z. . pence Jo 1 rupee ..... 2214 2221-32 Japan—N.Z. pence to 1 , . yon — 17 41-04 . Bhanehai—N.Z pence to ldpUar 17 9-C1 IS 0-16 ■ Singapore—N.Z. pence 1o 1 dollar 347-32 33 T-32 The above, ra'^s are -tor on rlei'inrict transactions. The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice. - . Based on the figures, quoted by the Bank^ol New South Wales, 'he New Zealand pounds compared with its original-par value, is equivalent -to ; approximately:— , • ■ ■ ■ ■ ■ . ■ ■'""• «■■'»; a.'-''' ' ■ ■■~' .•'■'-. 0' 18 1 In London ' '■■■•. ' 1 o'l, In Australia 0 16 2% in U.S.A. 0 J6 4% in C'anndn .0!) c^1 in France. 0-9- 5H in Germany. ' .. .'. .. . o'. 9 5!4 .in . Java.

1' 7 10%. in Japan. ._■