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RESERVE BANK

STERLING FUNDS RISING P.A. WELLINGTON, Aug. 5. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand at the close of business on July 30:— Liabilities

The proportion of reserve to notes and other demand liabilities was 80.520 per cent., (79.339 per cent).

July 23. July 30. £ £ 1,500,000 1,500,000 Bank notes 47,385.323 47,179,913 Demand liabilities 12,671,472 10,569,547 58,198,457 59.985,133 Other .. .. 485,014 501,644 liabilities in other than New Zealand cur38,392 25,474 Other ' liabilities 3,334,845 3,155,243 Total .. .. £123,613,503 £122,916,954 Assets Gold 2,801,877 2,801,878 Sterling exchange (New Zealand currency) 91,444,229 92,427,841 Subsidiary coin 45,911 44.094 Advances to State or State undertakings— Marketing organisations 131,666 50,066 For other purposes 24,306,347 23.000,000 Investments 3.868,093 3,868,093 Other assets 1.015,380 724,982 Total .. . £123,613,503 £122,916,954

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19470806.2.94.3

Bibliographic details

Otago Daily Times, Issue 26532, 6 August 1947, Page 7

Word Count
126

RESERVE BANK Otago Daily Times, Issue 26532, 6 August 1947, Page 7

RESERVE BANK Otago Daily Times, Issue 26532, 6 August 1947, Page 7

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