RESERVE BANK
LONDON FUNDS HIGHER p.A, WELLINGTON. Feb. 24. The Reserve Bank of New Zealand has issued the following statement of assets and liabilities at the close of business on February 18: Liabilities
Feb. 4 Feb. 18. £ £ Reserve Fund .. 1,500,000 1,500,000 Bank Notes 48,846,861 48,993,866 Demand liabilitiesState 13,783,981 15,897,046 Bank 53,064,979 52,828,473 Other .. .. 401.051 429,107 Liabilities in other than New Zealand currency 157,870 3,647 Other liabilities 3,492,100 3,529,871 £121,246,842 £123,182,010 Assets Gold 2,801,878 2.801,878 Sterling exchange (New Zealand currency) 67,343,021 71,713,127 Subsidiary coin 124,325 120,218 Advances to State or State undertakings Marketing organisations 2,677,324 — For other purf poses .. .. 39,000,000 39,000,000 Other .. .. 698,856 . 848,240 Investments 7,868,093 7,868,093 Other assets 733,328 830,454 £121,246,842 £123,182,010 1 The proportion of reserves to notes and other demand liabilities was 63.065 per cent .(60.283).
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https://paperspast.natlib.govt.nz/newspapers/ODT19480225.2.79
Bibliographic details
Otago Daily Times, Issue 26704, 25 February 1948, Page 7
Word Count
128RESERVE BANK Otago Daily Times, Issue 26704, 25 February 1948, Page 7
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