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RESERVE BANK

ASSETS AND LIABILITIES Telegraph —Press Association WELLINGTON, May 6. The Gazette issued to-night contains the following statement of the assts and liabilities of the Reserve Bank of New Zealand is at the close of business on May 3:-r Liabilities

£ s. d. Reserve fund 1.500 000 0 0 Bank notes 12,920,355 0 0 Demand liabilities— State 6 733 178 2 3 Banks 9 826 480 4 5 Other .. 954 231 6 2 Other liabilities 125 139 2 11 Total .. .. £32,059,383 15 9 Assets Gold 2 801 791 0 0 Sterling exchange 20,137,900 6 6 Subsidiary coin .. .. 144,461 13 3 Advances— Dairy Industry A/c. 5,782,543 13 6 For other purposes .. 200,000 0 0 Investments • • •. 2,906,450 0 0 Other assets .. .. 86,237 2 6 Total .. .. £32,059,383 15 9 Proportion of reserve to notes and other demand liabilities 75.374 per cent.

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https://paperspast.natlib.govt.nz/newspapers/THD19370507.2.47

Bibliographic details

Timaru Herald, Volume CXLIII, Issue 20721, 7 May 1937, Page 8

Word Count
138

RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20721, 7 May 1937, Page 8

RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20721, 7 May 1937, Page 8

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