RESERVE BANK
ASSETS AND LIABILITIES By Telegraph—Press Association WELLINGTON, October 25. The Gazette issued to-night contains a statement of assets and liabilities of the Reserve Bank of New Zealand as at the close of business on October 22: Liabilities.
£ s. d. Paid up capital .. .. 500,000 0 0 General reserve fund 1,000,000 0 0 Bank notes 8,878,563 10 0 Demand liabilities— State 4,402,793 14 1 Banks 14,783,547 9 11 Other 2,902 6 0 Other liabilities .. 30,469 0 6 Total 29,598,276 0 6 Assets. Gold 3,201,727 0 0 Sterling exchanges .. 24,721,050 3 8 Subsidiary coin .. .. 115,669 1 5 Investments 1,516,221 19 10 Other assets 43,607 15 7 Total 29,598,276 0 6 The proportion of reserve to notes and other demand liabilities is 99.48 per cent.
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https://paperspast.natlib.govt.nz/newspapers/THD19341026.2.36
Bibliographic details
Timaru Herald, Volume CXXXVIII, Issue 19940, 26 October 1934, Page 5
Word Count
123RESERVE BANK Timaru Herald, Volume CXXXVIII, Issue 19940, 26 October 1934, Page 5
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