RESERVE BANK
STERLING FUNDS DECREASE SLIGHTLY PA ' WELLINGTON, June 1. The Reserve Bank of New Zealand has issued the following statement of assets and liabilities at the close of business on May 25: Liabilities
The proportion of reserves to notes and other demand liabilities was 45.55 per cent. (46.10 per cent.|.
May 18. May 25. £ £ Reserve Fund .. 1,500,000 1,500,000 Bank notes 50,235,647 50,344,177 Demand Liabilities— State .. .. 11,634,446 10,515,925 Bank 70,583,553 72,980,837 Other .. .. 444,117 354,036 Liabilities in other than New Zealand currency 25,449 67,884 Other liabilities 4,245,324 3,555,684 £138,668,536 £139,318,543 Assets Gold 2,897,931 2,897,930 Sterling exchange 58,394,392 58,300,389 Subsidiary coin 235,560 199,828 Advances to State or State undertakings— Marketing organisations . 3,012,950 5,835,287 For other purposes 34,000,000 32,000,000 Investments 34,094,669 34,094,669 Other assets 1,138,823 1,085,666 Other 4,894,211 4,904,774 £138,668,536 £139,318,543
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https://paperspast.natlib.govt.nz/newspapers/ODT19490602.2.113.3
Bibliographic details
Otago Daily Times, Issue 27096, 2 June 1949, Page 9
Word Count
128RESERVE BANK Otago Daily Times, Issue 27096, 2 June 1949, Page 9
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