RESERVE BANK
STERLING FUNDS FALLING P.A. WELLINGTON. Aug. 19. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand at the close of business on August 13:—
liabilities Aug. 6 Aug. 13. £ £ Reserve Fund .. 1,500,000 1,500,000 Bank notes 47,421,282 47,534,929 Demand liabilities— 9,921,901 State .. .. 10,563,071 Bank .. .. 59,761,936 59,809,366 Other .. Liabilities in other 423,855 692,415 than New Zealand currency 23,731 53,643 Other liabilities 3,155,418 3,164,480 Total .. .. £122,849.293 Assets £122,676.734 Gold Sterling exchange 2,801,878 2,801,877 (New Zealand currency) 92,401,004 91.332,630 Subsidiary coin Advances to State 45,212 44,141 or State undertakings— Marketing organisations For other pur6,917 1,012,141 23,000,000 poses .. .*. 23,000,000 Investments 3,868,093 3,868,093 Other assets 726,189 617,852 Total £122,849,293 £122,676,734 The proportion of reserve to notes and other demand liabilities was cent. (86.544 per cent.). 79.757 per
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Bibliographic details
Otago Daily Times, Issue 26544, 20 August 1947, Page 7
Word Count
131RESERVE BANK Otago Daily Times, Issue 26544, 20 August 1947, Page 7
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