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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph—Press Association WELLINGTON, September 29. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at close of business on Monday, September 26: Liabilities

Total £(N Z.) 25,072,487 12 10 Proportion of reserve to notes and other demand liabilities, 60.785 jjpr cent.

Reserve fund .. .. £ 1,500,000 s. d. 0 0 Bank notes 13,734,619 10 0 Demand liabilities— State 3,913,592 10 4 Banks 5,386,144 7 2 Other 381,499 5 8 Liabilities in currencies other than N.Z. currency .. .. 17,897 19 7 Other liabilities 138,734 0 1 Total £(N.Z.)25,072,487 12 10 Assets Gold 2,801,791 0 0 Sterling exchange .. 11,449,447 10 4 Subsidiary coin 225,943 11 10 Advances— Primary products marketing dept. .. 3,158,607 12 7 For other purposes 4,500,000 0 0 Investments .. .. 2,732,064 16 6 Other assets .. .. 204,633 1 7

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19380930.2.44

Bibliographic details

Timaru Herald, Volume CXLV, Issue 21155, 30 September 1938, Page 8

Word Count
139

RESERVE BANK Timaru Herald, Volume CXLV, Issue 21155, 30 September 1938, Page 8

RESERVE BANK Timaru Herald, Volume CXLV, Issue 21155, 30 September 1938, Page 8