STERLING FUNDS
ANOTHER SHARP RISE (P.A.) WELLINGTON, Dec. 21. Following is a statement of assets and liabilities of the Reserve Bank of New Zealand at the close of business on December 17 (the figur.es for the previous week given in parentheses): — Liabilities, General reserve fund. £1,500,000 (£1,500,000); bank notes, £45,737,216 (£44,974,760); demand liabili 1 ties—State, £15,506,802 (£13,778,744); banks, £56,312,393 (£53,224,028); other, £343,010 (£283,804); liabilities in currencies other than New Zealand, £40,883 (£6524);' other liabilities, £3,108,470 (£3,100,048): total, £122,548,777 (£116,867,91i). Assets. Gold reserye, £2,801,877 (£2,801,377); sterling exchange, £78,192,128 (£76,655,615); subsidiary coin, £23,208 (£41,847); advances to the State or State undertakings Marketing Department, £2,760,521 (£2,589,647); for other purposes, £32,000,000 (£28,000,000); Investments, £3.799,006 (£5,799,074); other assets. £971,974 (£79,849);—t0ta1, £122,548,777 £116,867,911). Proportion of reserves to notes and other demand liabilities, 68.663 per cent. (70.773 per ce_nt.).
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19451222.2.38.6
Bibliographic details
Otago Daily Times, Issue 26033, 22 December 1945, Page 5
Word Count
132STERLING FUNDS Otago Daily Times, Issue 26033, 22 December 1945, Page 5
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.