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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph—Press Association WELLINGTON, September 9. The following Is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on Monday, September 6:—

Liabilities £ S. d. Reserve Fund .. .. 1,500,000 0 0 Bank notes 12,913,087 • 0 Demand liabilities — State 5,472,141 2 0 Banks 8,450,126 17 8 Other 715,106 18 1 Other liabilities 92,541 5 4 Total .. .. £29,142,983 3 1 Assets Gold 2,801,791 0 0 Sterling exchange .. 18,794,615 1 8 Subsidiary coin .... 96,693 9 3 Advances— Dairy industry A/c. 3,979,561 4 5 For other purposes 500,000 0 0 Investments .. .. 63,872 7 9 Other assets 63,872 7 9 Total .. .. £29.142,983 1 Proportion of reserve to notes and other demand liabilities. 78.388 per c 'nt.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19370910.2.59

Bibliographic details

Timaru Herald, Volume CXLIII, Issue 20829, 10 September 1937, Page 8

Word Count
126

RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20829, 10 September 1937, Page 8

RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20829, 10 September 1937, Page 8

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