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RESERVE BANK

LONDON FUNDS SLIGHTLY LOWER

(P.A.) WELLINGTON, July 9. The lollowing is a statement of assets and liabilities of the Reserve Bank of New Zealand at the close of business on Monday, Julv 1:

The proportion of reserves to note and other liabilities was 72.226 per cent. (71.098 per cent.).

Liabilities June 24. July 1. £ £ Reserve Fund 1,500,000 1,500,000 Bank notes 44,546,220 44,435,338 Demand liabilities— States 18,573,078 15,910,852 Banks 60,212,448 60,121,113 Other 818.191 272,731 Liabilities in other than New Zealand currency .. 52.553 69,140 Other liabilities .. 3,034,335 3,043,028 Total .. ..£128,736,825 £125,352,202 ' Assets Gold 2,801,878 2,801,877 Sterling exchange (New Zealand currency) .. .. 85,519,840 84,474,014 Susidiary coin 43,069 41,711 Advances to State or State undertaxings— Marketing organisations — — For other pur34,025,000 32,000,000 Investments .. .. 4,016,242 4,016,242 Other assets .. .. 2,330,796 2,018,358 Total .. .. £128,736,825 £125,352,202

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19460710.2.119.8

Bibliographic details

Otago Daily Times, Issue 26200, 10 July 1946, Page 8

Word Count
128

RESERVE BANK LONDON FUNDS SLIGHTLY LOWER Otago Daily Times, Issue 26200, 10 July 1946, Page 8

RESERVE BANK LONDON FUNDS SLIGHTLY LOWER Otago Daily Times, Issue 26200, 10 July 1946, Page 8