STERLING FUNDS
£80,000,000 MARK PASSED (PA) WELLINGTON, Jan. 4 1 Following is a statement. of £ ss ‘; f ts liabilities of the Reserve Bank of New Zealand at the close of business on December 24 (the figures for the previous week given in parentheses):— Liabilities. - General reserve fund, £1,500.000 (£1,500,000); bank notes, £46 495 °3O (£45,737,216); demand liabilities—State £12,043,890 (£15,506,802), banks' £59,430,059 (£56,312,393), other £425,044 (£343,010); liabilities in currencies other than New ,^. < ;? lancl ' oonnU (£40,882); other liabilities, £3.220- Oal (£3,108,470; —total, £123,226,283 (£122.548,777). on nni 07*7 Assets. Gold reserve, £2,801.87/ (£2.801.877); sterling exchange, £20,664,284 (£7B 192.128); subsidiary coin, (£23]208); advances to the State or State undertakings Marketing Department £1 391,338 (£2,760.521), for other purposes £3’ 000 000 (£32,000.000); investments, £4,950,938 £5,799 066); other assess £1,396,642 (£971,974);—t0ta1, £123,226.289 l £ )“>2 f,48 777). j Proportion of reserves to notes and other demand liabilities, 70.404 per cent.. (68.663 per cent.).
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19460105.2.121.3
Bibliographic details
Otago Daily Times, Issue 26043, 5 January 1946, Page 7
Word Count
146STERLING FUNDS Otago Daily Times, Issue 26043, 5 January 1946, Page 7
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.