RESERVE BANK
NOTE ISSUE REDUCED
DAIRY. ADVANCES INCREASE
The weekly statement of assets and liabilities of the Keserve Bank of New Zealand, as at the close of business on Monday, February 22, showing movements compared with the return for February 15, is as follows:— LIABILITIES. £ s. d. £ General Reserve Vund 1,500,000 0 0 Unchanged Bank-notes .... 12,752,949 0 0 tH7,S40 Demand Liabilities— (a) State 0,351,439 17 7 *442,6S7 (b) Banks .. 11,741,264 11 1 "265,468 (c) Other ... 233,977 10 R t594,578 Other liabilities . 144,074 10 2 *281 £32,723,705 9 3 13.982 ASSETS. £ s. d. £ Heserve — (a) Gold ... 2,801,700 0 0 Unchanged : 'b) ch"n"a S "" 18,804,394 6 9 '313,382 / Subsidiary coin . 1138,172.18 2 fl,085 Advances to State on Dairy In-. dustry Account 6,569,249 13 3 '198,801 Advances to the State for other purposes ... 1,800,000 0 0 Unchanged Investments .... 2,453,050 0 0 Unchanged Other assets 137,048 10 7 t513,140 £32,723,705- 9 3 t3,982 tDecrcase. 'Increase, Proportion of reserve (reserve less liabilities in currencies other than New Zealand currency), 69.518 per cent., compared with 68.501 for the week ended February 15. The return a year ago as at February 24, 1936, showed the following:— £ . Paid-up ' capital' : 500,000 Iteserve 1,000,000 -Bank-notes .;..... "......, 9,8D4,5S6 Demand LiabilitiesState 5,676,065 Banks'' 10,071,357 Other »T,509, Other liabilities .,...:.. 127,516 Reserve— Gold 2,801,733 Sterling exchange 23,113,211 Subsidiary coin 199,118 ■Investments 1,779,044 Other assets .,..,. 33,928 Keserve to notes and other demand < 98.5371 . The proportion of reserve (less reserve liabilities in currencies other than New Zealand currency) as at the beginning of each month for the past year has been as follows: — 193B. Per cent. February 3 98.518 . March 2 98.302 April B 9S.377 May 4 «7.07 June 1 90.718 July 6 96.45S August 3 96.089 September « 93.070 OctlbM 5 86.698 November 2 78.120 December 7 •■•• 73.40 1937. or. January i . (is.533 February 1 70.85.1 February 22 69.518'
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19370226.2.143.1
Bibliographic details
Evening Post, Volume CXXIII, Issue 48, 26 February 1937, Page 12
Word Count
302RESERVE BANK Evening Post, Volume CXXIII, Issue 48, 26 February 1937, Page 12
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