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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph—Press Association WELLINGTON, January 6. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on January SiLiabilities

£ s. d. General Reserve Fund 1,500,000 0 0 Bank notes 15,095,175 10 0 Demand liabilities— • State 2,770,163 16 3 Banks 9,054,755 6 6 Other 497,7a2 8 0 Other liabilities .. .. 277,329 9 & Total 29,195,176 10 2 Assets Gold 2,801,791 0 0 Sterling exchange .. 16,414,908 16 6 Subsidiary coin .. .. 213,133 8 Advances— Primary Products Marketing Dept. 6,162,654 7 5 For other purposes 900,000 0 0 Investments 2,658,325 0 0 Other assets 44,463 17 G Total 23,195,176 10 2 Proportion of reserve i to notes . and other demand liabilities 70.088 per cent.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19380107.2.40

Bibliographic details

Timaru Herald, Volume CXLIII, Issue 20929, 7 January 1938, Page 6

Word Count
126

RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20929, 7 January 1938, Page 6

RESERVE BANK Timaru Herald, Volume CXLIII, Issue 20929, 7 January 1938, Page 6