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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph—Press Association WELLINGTON, May 2. A Gazette issued to-night contains the following statement of assets and liabilities of the Reserve Bank of New Zealand as at the close of business on April 29: Liabilities £ s. d. Paid up capital .. .. 500,000 0 0 General reserve .. .. 1,000,000 0 0 Bank notes , 9,433,670 0 0 Demand liabilities — State 12,342,448 18 5 Banks 3,832,947 5 7 Other 7,368 1 0 Other liabilities .. .. 88,238 10 1 Total 27,204,672 15 1 Assets Gold 2,801,731 0 0 Sterling exchange .. 22,088,844 10 5 Subsidiary coin .. .. 173.109 211 Investments 2,095,807 3 0 Other assets 45,180 18 9 Total 27,204,672 15 1 Proportion of reserve to notes and other demand liabilities, 97.16 per cent.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19350503.2.85

Bibliographic details

Timaru Herald, Volume CXXXIX, Issue 20098, 3 May 1935, Page 10

Word Count
120

RESERVE BANK Timaru Herald, Volume CXXXIX, Issue 20098, 3 May 1935, Page 10

RESERVE BANK Timaru Herald, Volume CXXXIX, Issue 20098, 3 May 1935, Page 10