RESERVE BANK
(PA) WELLINGTON. Apl. 19. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand at the close of business on April 19 (the figures for the previous return being given in parentheses):— Liabilities.—General Reserve Fund, £1,500,000 (£1,500,000); bank notes, £30,833,798 (£30,497,445); demand liabilities—(a) State £16,031,870 (£14,455,361), (b) banks £23,068,942 (£22,185.437). (?) other £832,252 (£727,954); liabilities in currencies other than New Zealand currency £13,340 (£3466); other liabilities, £1,668,791 (£1,663,689); total, £73,948,990 3 —Reserve—(a) gold £2,801,877 (£2,801,877), (b) sterling exchange £21380*260 (£20,146,226); subsidiary coin, £79 602 (£20,984); advances to the State or State undertakings—(l) Marketing Department £5.439,207 (£3,635,387), (2) for other purposes £31,135,000 (£31,135,000). investments, £10,294,577 _ ,581), other assets, £2,818,469 (£2,998,296); total, £73,948,995 (£71,032,354). Proportion of reserves to notes and other demand liabilities, 34.153 (33.810 per cent.). j
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Bibliographic details
Otago Daily Times, Volume 25205, Issue 25205, 20 April 1943, Page 4
Word Count
134RESERVE BANK Otago Daily Times, Volume 25205, Issue 25205, 20 April 1943, Page 4
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