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RESERVE BANK

LONDON FUNDS LOWER P.A. WELLINGTON, May 26. The Reserve Bank of New Zealand has issued the following statement of assets and liabilities at the close of business on May 19:— Liabilities

Tile proportion of reserves to notes and other demand liabilities was 69.085 per cent. (67.733).

May 12. May 19. 1 £ £ Reserve Fund .. 1,500,000 1,500,000 Bank notes .. .. 48,007,131 48,367,281 Demand liabilities11,030,676 State 15,568,720 Bank 51,199,998 56,045,253 Other .. Liabilities in other 326,535 342,520 than New Zealand currency 109,571 105,169 Other liabilities 3,807,994 3,930,265 £120,619,999 £121,321,169 Assets Gold Sterling exchange 2,802,147 2,802,147 (New Zealand currency) 75,270,402 74,978.204 Subsidiary coin Advances to State 113,431 120,063 or State undertakings— Marketing organisations For other pur2,464,107 2,420,644 poses .. .. 29,000,000 30,038,463 Other .. .. 2,165,589 2,182,206 Investments 7,868,093 7,868,093 Other assets 931,230 911,344 £120,619,999 £121,321,169

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19480527.2.93.3

Bibliographic details

Otago Daily Times, Issue 26782, 27 May 1948, Page 7

Word Count
128

RESERVE BANK Otago Daily Times, Issue 26782, 27 May 1948, Page 7

RESERVE BANK Otago Daily Times, Issue 26782, 27 May 1948, Page 7