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
126RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20829, 10 September 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.