RESERVE BANK
ASSETS AND LIABILITIES WELLINGTON, November 15. The Gazette issued to-niglit contains a statement of assets and liabilities of the Reserve Bank of New Zealand as at the close of business on
November 12:— Liabilities £ S. d. Paid up capital . . . . 500,000 0 0 General reserve fund 1.000,000 0 0 Bank notes 9,052,974 0 0 Demand liabilities.. State 5,934,356 0 10 Banks 11,769,701 17 6 Oth°r 3.488 16 6 Other liabilities 41,053 17 5 Total 28,301,574 12 3 Assets Gold 3,001,727 0 0 Sterling exchanges .. 23,624,177 17 2 Subsidiary coin.. 100,244 2 3 Investments 1,542,654 1 9 Other assets 32,771 11 1 Total 28,301,574 12 3 The proportion of reserve to notes and other demand liabilities is 99.49 per cent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THD19341116.2.29
Bibliographic details
Timaru Herald, Volume CXXXVIII, Issue 19958, 16 November 1934, Page 5
Word Count
120RESERVE BANK Timaru Herald, Volume CXXXVIII, Issue 19958, 16 November 1934, Page 5
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