RESERVE BANK
ASSETS AND LIABILITIES By felegrapft Press Association WELLINGTON. November 1. 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 29:
Liabilities. £ s. d. Paid up capital .. .. 500,000 0 0 General reserve fund 1.000.000 0 0 Bank notes 8.878.287 10 0 Demand liabilities— State 5.020.113 7 5 Banks 12,676.766 0 8 Other 2.649 3 6 Other liabilities .. 35,572 3 7 Total 28.113,388 5 2 Assets. Gold 3,201,727 0 0 Sterling exchanges .. 23,223,189 5 1 Subsidiary coin .. .. 115.886 4 10 Investments 1,536,473 5 2 Other assets 37.112 10 1 Total 28,113,388 5 2 The proportion of reserve to notes and other demand liabilities is 99.42 per cent.
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Bibliographic details
Timaru Herald, Volume CXXXVIII, Issue 19946, 2 November 1934, Page 8
Word Count
124RESERVE BANK Timaru Herald, Volume CXXXVIII, Issue 19946, 2 November 1934, Page 8
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