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RESERVE BANK

ASSETS AND LIABILITIES By Tele; aph —Press Association WELLINGTON, October 27. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on October 24: Liabilities

Reserve Fund .. .. £ 1.500,000 s. d. 0 0 Bank notes 14,349,893 10 0 Demand liabilities— State 2,878,486 r] 3 Banks 5,361.290 5 5 Other 316,238 10 9 Liabilities in currencies other than N.Z. currency .... 17.039 10 4 Other liabilities .. ,. 267,618 8 9 Total £( N.Z.) 24,690,666 12 6 Assets Gold 2 901 791 0 0 Sterling exchange .. 8.313.575 5 Subsidiary coin .. .. 222,309 10 7 Advances— Primary products marketing dept. 3,859,205 7 10 Investments .. .. 2.732.064 16 6 Other assets 311,720 12 0 Total £<N.Z.)24,690.666 12 6 Proportion of reserve ! to notes ; and other demand liabilities 48.451 per cent.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19381028.2.64

Bibliographic details

Timaru Herald, Volume CXLV, Issue 21179, 28 October 1938, Page 8

Word Count
135

RESERVE BANK Timaru Herald, Volume CXLV, Issue 21179, 28 October 1938, Page 8

RESERVE BANK Timaru Herald, Volume CXLV, Issue 21179, 28 October 1938, Page 8