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RESERVE BANK

LONDON FUNDS LOWER p.A. . WELLINGTON. May 12. The Reserve Bank of New Zealand has issued Ihe following statement of assets and laibilities at the close of business on

Tlte proportion of reserves to notes and other demand liabilities was 67.711 par cent. (67.346).

May 5:— Liabilities April 23. May 5. £ £ Reserve Fund .. 1,500,000 1,500,000 Bank notes .. .. 48,311,618 48,293.977 Demand liabilities14,896,340 State 16,122,230 Bank 52.082,12G 51.860.012 Other Liabilities in other 380,703 350,431 than Now Zealand currency.. 105,888 43,228 Other liabilities.. 3,885,433 3,892,795 £122,397,058 £120,836.783 Assets Gold Sterling exchange 2,802,147 2,802.147 (New Zealand currency) 76,036,067 75,380,351 Subsidiary coin Advances to State 117,458 120,029 or Stale undertakings— Marketing 2,632,557 organisations For other pur3,303,844 poses .. .. 29,000,000 29.000.000 Other . .. 1,941,433 2,064,846 Investments 7,868,093 7,868.093 Other assets 1,328,01G 968,760 £122,397,058 £120,836,783

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19480513.2.118

Bibliographic details

Otago Daily Times, Issue 26770, 13 May 1948, Page 10

Word Count
127

RESERVE BANK Otago Daily Times, Issue 26770, 13 May 1948, Page 10

RESERVE BANK Otago Daily Times, Issue 26770, 13 May 1948, Page 10

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