RESERVE BANK
LONDON FUNDS FIRMER The Reserve Bank of New Zealand has issued the following statement of assets and liabilities at the close of business on January 19:—
The proportion of reserves to notes and other demand liabilities was 34.45 per cent. (34.78 per cent.).
Liabilities Jan. 19, ' Jan. 26. £ £ Reserve Fund .. 1,500.000 1,500,000 Bank Notes .. .. 50,718,040 50,401,493 Demand Liabilities— State .. .. 11,987,407 8,981,375 Bank .. .. 68,097,588 74,118,253 Other .. .. 602,144 634,949 Liabilities in other than New Zealand currencies 51,041 52,794 Other liabilities 3,651,975 3,707,013 £136,608,285 £139,395,877 Assets Gold 2,815,693 2,815,693 Sterling exchange 42,957,825 43,454,432 Subsidiary coin Advances to State or State undertakings— Marketing organisations 1,007,953 1 3,561,413 For other purposes 45,500,000 45,500,000 Other .. .. 4,211,502 4,287,069 Investments 37,705,532 37,098,260 Other assets 2,161,786 2,460,973 £136,608,285 £139,395,877
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https://paperspast.natlib.govt.nz/newspapers/ODT19490203.2.105.3
Bibliographic details
Otago Daily Times, Issue 26996, 3 February 1949, Page 7
Word Count
122RESERVE BANK Otago Daily Times, Issue 26996, 3 February 1949, Page 7
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