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RESERVE BANK

Sterling Funds Firm

PA WELLINGTON, Dec. 13. The Reserve Bank of New Zealand has issued the following statement of assets and liabilities at the close of business on December 6, all figures being given in thousands of pounds:— Liabilities

Nov. 29. Dec. 6. £000. £000. Bank notes 57.473 58,908 Reserve fund .. .. 1,500 1,500 Demand liabilities— State 12,556 13,417 Banks 70,210 64,997 Other 849 1,444 Liabilities in other than New Zealand currency 12 11 Other liabilities .. .. 4,885 4,897 £147,530 £145,174 Assets Gold 4,666 4,675 Sterling exchange 49,596 49,900 Other exchange .. 389 216 Subsidiary coin .. .. 239 228 Advances— State or State undertakings: Marketing organisa3,069 tions 4,304 For other purposes .. 54,292 53,288 Other advances .. .. 5,503 5,551 Investment 25,974 25,974 Other assets .. .. .. 2,567 2,273 £147,530 £145,174

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19501214.2.128

Bibliographic details

Otago Daily Times, Issue 27572, 14 December 1950, Page 11

Word Count
124

RESERVE BANK Otago Daily Times, Issue 27572, 14 December 1950, Page 11

RESERVE BANK Otago Daily Times, Issue 27572, 14 December 1950, Page 11