RESERVE BANK
INCREASE IN STERLING FUNDS ASSETS AND LIABILITIES [Pem United Press Association.] WELLINGTON, February 8. The following is a statement of the assets and liabilities of the Reserve Bank as at the dose of business on February 5: — LIABILITIES. Last week. This week. £ £ 1. General Reserve Fund 1,500,000 1,500,000 2. Bank notes ... 18.314,456 18,141,720' 3. Demand liabilities (a) State ... 4,648,184 5,579,003 (b) Banks ... 14,416,048 14,280.904 (c) Other ... 331,384 104,793 4. Time deposits 5. Liabilities in currencies other than New Zealand currencies ... ... 7,735 7,259 6. Other liabilities 782,537 807,001 Total ... £40,050,346 £40,420,680 ASSETS. 7. Reserve—(a) Gold 2,801,839 2,80^,839 (bl Sterling exchange ... ... 8,725,720 9,242,501 (c) Gold exchange ?. Subsidiary coin 162,356 160,885 9. Discounts—(a) Commercial and agricultural bills (b) Treasury and local body bills r-r 10. Advances — (a) To State or State undertakings— (l) Primary Products Marketing Department ... ... 3,741,916 3,798,914 (2) For other purposes ... 21,010,000 20,910,000 (b) To other public authorities (o) Other ... ' 11. Investments ... 3,413,634 3,362,623 12. Bank buildings 13. Other assets ... 194,878 143,918 Total ... £40,050,346 £40,420,680, Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities 30.508 p.c. 31.588 p.c. Sterling exchange is expressed in New Zealand currency. AUSTRALIAN STOCK EXCHANGES Press Association—By Telegraph—Coypright SYDNEY, February 8. The Stock Exchange to-day was without notable change, and bank shares continue firm.
COMPANY NEWS DOMINION RUBBER The directors of the Dominion Rubber Company Ltd, have recommended the payment of a dividend of 5 per cent, for the year ended November 30, 1.939. ■ ■
—Morning Sales.- £ s. d. Bank of New South Wales 28 10 0 Austral Gas (A, ex div.) ... 0 7 0 Associated News* 0 16 9 Associated News (pref.) ... 0 19 n Australian Consolidated Industries ... 1 17 3 Burns, Philp Dunlop Perdriau ... ... 2 14 0 0 19 7* Farmers 1 7 3 —Afternoon Sales. Bank of New South Wales 28 15 0 Coram. Bank of Sydney ... 19 13 0 Howard Smith 1 4 7 Australian Gas (A, ex div.) 7 0 0 Woolworths 1 o 9 Consolidated Industries ... 1 17 3 (cout.) 0 16 0 Carpenter ... 2 5 3 Millaquin Sugar 2 * 3 0 Mount Lyell 1 14 4 MELBOURNE, February 8. Coles 3 13 3 Drug Houses 1 6 0 North Broken Hill 2 7 6 Emperor ... 0 16 0 Loloma ...• 1 16 0
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Bibliographic details
Evening Star, Issue 23496, 9 February 1940, Page 10
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378RESERVE BANK Evening Star, Issue 23496, 9 February 1940, Page 10
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