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BANK

STERLING FUNDS INCREASE PA. ‘ WELLINGTON, Apl. 15. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand at the close of business on April 2:— Liabilities

The proportion of reserves to note and other liabilities was 71.249 per cent. (73.961 per cent.).

Mar. 19 Mar. 26 £ £ Kt serve fund 1,500.000 1,500,000 Bank notes .. .. 46,967,578 46,942,625 Demand liabiiities— 22,227,538 17,430,552 54,071,541 55,702,944 Other 550,615 691,556 Liabilities in other than New Zealand currency 32,002 26,4515 Other liabilities 3,540,131 3,633,499 Total .. •. £124,092,419 Assets £130,724,618 Gold 2,801,877 2.801,878 Sterling exchange (New Zealand currency) 84,938,245 86,689,326 Subsidiary coin 49,242 48,195 Advances to State or State undertakings— Marketing organisations 3,053,445 — . Hor other our28,000,000 36,000,000 Investments 3,868.903 3,868,093 Other assets 381,517 1,317,126 Total .. .. £124,092,419 £130,724,618

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19470416.2.108

Bibliographic details

Otago Daily Times, Issue 26437, 16 April 1947, Page 7

Word Count
126

BANK Otago Daily Times, Issue 26437, 16 April 1947, Page 7

BANK Otago Daily Times, Issue 26437, 16 April 1947, Page 7