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RESERVE BANK

ASSETS AND LIABILITIES By J piegrapn —Ptes? As'nr.jenon WELLINGTON. March 10. The following is a statement of the assets and liabilities of the Reserve Bank as at the close of business on Monday, March 7:—

Liabilities £ s. d. General Reserve Fund 1.500.000 0 0 Bank Notes 13.593.973 0 0 Demand Liabilities— State 8.725.813 12 8 Banks 5.382.560 11 9 Other 196.731 3 4 Other Liabilities 194.629 5 8 Total £29.593.707 13 1 Assets Gold 2,801.791 0 0 Sterling Exchange 15.617,115 12 7 Subsidiary Coin .. .. 229,637 18 5 Advances — Primary Products Marketing Dept. 6,177,963 9 3 For other purposes 1,300,000 0 0 Other 250,000 0 0 Investments 2,970,623 1 4 Other assets 246,576 11 6 Total £29,593,707 13 1 Proportion of reserve to notes ; and other demand liabilities, 66.019 per cent.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19380311.2.66

Bibliographic details

Timaru Herald, Volume CXLIV, Issue 20983, 11 March 1938, Page 8

Word Count
132

RESERVE BANK Timaru Herald, Volume CXLIV, Issue 20983, 11 March 1938, Page 8

RESERVE BANK Timaru Herald, Volume CXLIV, Issue 20983, 11 March 1938, Page 8

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