RESERVE BANK
(P.A.) WELLINGTON. June 19. The following is a statement of the assets and liabilities of the Reserve Bank cf New Zealand as at the close of business on Monday, June 12 (the figures for the previous return being given in parentheses) : Liabilities. General reserve fund, £1,500,000 (£1,500,000); bank notes, £37,018,540 (£37,031,452); demand liabilities—State £14,431,453 (£12,657,604), bank £35,824,484 (£37,277,588); other £622,101 (£497,927); liabilities in currencies other than New Zealand, £12,032 (£7586); other liabilities, £1,807,756 (£1,779,440);—t0ta1, £91,216,368-(£90,751,570). Assets. Reserves Gold. £2,801,877 (£2,801,877); sterling exchange, £30,573,430 (£30,686,676); subsidiary coin, £48,451 (£52,291): advances to the State or State undertakings Marketing Department £7 941302 (£7,246,976), for other purposes £35 885,000 (£35,885,000); investments, £11,734,340 (£11,734,340); other assets, £2,231,966 (£2,344,409);—t0ta1, £91,216,368 (£90,75J,570). . Proportion of reserves to notes and other demand liabilities, 37.957 per cent. (38.279 per cent.).
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Bibliographic details
Otago Daily Times, Issue 25566, 20 June 1944, Page 2
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132RESERVE BANK Otago Daily Times, Issue 25566, 20 June 1944, Page 2
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