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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph—Press Association WELLINGTON, July IJ. The following is a statement of assets and liabilities of the Reserve Bank 01 New Zealand as at the close of business on Monday, July 19:—

Proportion of reserve to notes and other demand liabilities, 78.296 per cent.

Liabilities £ s. d. General reserve fund 1,500,000 0 0 Bank notes 12,580,642 0 0 Demand liabilities — State 6,121,419 4 1 Banks 10,208,279 2 2 Other 965,392 6 0 Other liabilities .. .. 103,022 4 0 Total £31,478,754 14 3 Assets Gold 2,801,791 0 0 Sterling exchange .. 20,589,828 11 6 Subsidiary coin .. .. 112,785 17 0 Advances — Dairy industry a/c. 4,704,920 6 7 For other purposes 300,000 0 0 Investments 2,906,450 12 0 Other assets 62,979 1 2 Total £31,478,754 14 3

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19370723.2.53

Bibliographic details

Timaru Herald, Volume CXLIII, Issue 20787, 23 July 1937, Page 8

Word Count
127

RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20787, 23 July 1937, Page 8

RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20787, 23 July 1937, Page 8

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