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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph—Press Association WELLINGTON, November 8. 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.

The proportion of reserve to notes and other demand liabilities is 99.51 per cent.

Paid up capital .. .. 500.000 0 0 General reserve fund 1.000.000 0 0 Bank notes 8,958.019 10 0 Demand liabilities — State 5,243,384 16 5 Banks 12,538,180 14 11 Other 2,659 15 10 Other liabilities 33.706 4 5 Total 28,275,951 1 7 Assets Gold 3,001,727 0 0 Sterling exchanges .. 23,609,989 12 5 Subsidiary coin .. .. 101,865 4 8 Investments 1.540,832 9 6 Other assets 21,536 15 0 Total 28,275,951 1 7

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19341109.2.49

Bibliographic details

Timaru Herald, Volume CXXXVIII, Issue 19952, 9 November 1934, Page 8

Word Count
123

RESERVE BANK Timaru Herald, Volume CXXXVIII, Issue 19952, 9 November 1934, Page 8

RESERVE BANK Timaru Herald, Volume CXXXVIII, Issue 19952, 9 November 1934, Page 8

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