RESERVE BANK
ASSETS AND LIABILITIES By releernph- Association WELLINGTON, July 15. A statement of the assets and llbalities of the Reserve Bank of New Zealand as at the close of business on July 12 is as follows: Liabilities
£ s. d. General reserve fund 1,500,000 0 0 Banknotes 12,624,802 10 3 Demand liabilities— State 6,450.431 3 2 9,612,221 10 868,253 13 7 Other liabilities .. .. 86,052 15 1 Total .. .. £31,141,761 8 8 Assets Gold 2,801.791 0 0 Sterling exchange 20.096.946 19 5 Subsidiary coin .... 115,980 1 8 Advances— Dairy industry A/c. 4,828.601 8 6 Tor other purposes 300.000 0 0 Investments .. .. 2,906.450 0 0 Other assets .. .. 91,991 19 1 Total .. ,. £31,141,761 8 8 Proportion of reserve to notes and other demand liabilities 77.476 per cent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THD19370716.2.61
Bibliographic details
Timaru Herald, Volume CXLIII, Issue 20781, 16 July 1937, Page 8
Word Count
123RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20781, 16 July 1937, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Timaru Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.