THE RESERVE BANK.

Manawatu Standard, Volume LV, Issue 49, 25 January 1935, Page 5

THE RESERVE BANK.

ASSETS AND LIABILITIES. WELLINGTON, Jan. 25. 'I lie 25th weekly statement of assets and liabilities of tbe Reserve Bank of New Zealand as at the close of business on Monday, January 21, 1935, is as follows: LIABILITIES— ' £ s d

Proportion of reserve (No. 8 less No. 6) to" notes and other demand liabilities, 97.53 per cent., compared with 98.18 [ter cent, on Jununiy 14. Sterling exchange has been further reduced by £61.203 3s Id. and now stands at £21,859.433 Us sd. Goal coin remains unchanged at £3,001,731. There is an increase of £101.381 14s 3d in subsidiary coin, which now stands at £190.216 19s 7d. ‘lnvestments at £1.960.711 14s 2d show an increase of £63,048 8s od. Other assets have increased by £2821 8s sd, and now stand at £26,104 10s 9d. On the liabilities side the note issue at £9,570,293 shows a further decrease of £53,137. Government deposits at £7,909,758 12s Gd show an increase of £346,143 13s 3d. and trading banks’ deposits at £8,602,906 15s 9d are lower by £190.807 18s Id. Other demand liabilities have increased by £2516 19s 7d to £5723 7s Bd. Other Labilities stand at £49.575 9s, an increase of £1327 13s Bd. ""The statement balances at £27,038,257 4s lid, an increase of £100,043 8s

1. Paid-up capital 500,000 0 0 2. General reserve fund ... 1,000,000 6 0 3. Bank notes 9.570,293 0 0 4. Demand liabilities — (a) Stale 7,909.758 12 6 (b) Banks 8 002.806 35 9 5,723 7 8 5. 6. Liabilities in currencies, other than N.Z. our7. Other liabilities 49,575 9 0 £27.038,257 4 11 ASSETS— 8. Reserve— C s d 3,001.731 0 0 (b) Sterling exchange . 21,850,433 0 5 (<■) Gold exchange 9. Subsidiary coin 190,216 19 7 LO. Discounts— (a) Commercial a n d agricultural bills (b) Treasury and local — body bills — 11. Advances— (a) To the State or State undertakings . (b) To oilier public - 12. Investments 1,960,711 14 2 14. liana buildings 26,164 127,033,257 10 9 i 4 11