RESERVE BANK
STERLILG EXCHANGE LOWER
p.A. WELLINGTON, May 19. The Reserve Bank of New Zealand has issued the following statement of assets and liabilities at the close of business on May 12:— Liabilities Mav 5. May 12. £ £ ’ Reserve Fund .. 1,500,000 1,500.000 Bank notes . ■ .. 48,293,977 48,007,181 Demand liabilities — State 14,896,340 15,568,720 Bank i 51,860,012 51,199,998 Other 350,431 326,535 Liabilities in other than New Zealand currency.. 43,228 109,571 Other liabilities.. 3,892,795 3,807,994 £120,836.783 £120.619.999 Assets Gold 2,802,147 2,802,147 Sterling exchange (New Zealand currency) .. 75,380,351 75,270,402 Subsidiary coin 120,029 118,431 Advances to State or State undertakings— Marketing organisations 2,032,557 2,404,107 For other purposes .. .. 29,000,000 29,000,000 Other .. .. 2.064,846 2,165,589 Investments . . 7.368.093 7.868.093 Other assets .. 968,760 931,230 £120,836,783 £120,619,999 , The proportion of reserves to notes and other demand liabilities was 67.733 per cent. (67.711).
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https://paperspast.natlib.govt.nz/newspapers/ODT19480520.2.105
Bibliographic details
Otago Daily Times, Issue 26776, 20 May 1948, Page 7
Word Count
129RESERVE BANK Otago Daily Times, Issue 26776, 20 May 1948, Page 7
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