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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph—Press Association WELLINGTON, November ? Tire following is a statement of the assets and liabilities of the Deserve Bank of New Zealand as at the close of business or. October 31:— Liabilities

Reserve Fund .. .. £ 1,500,000 s. d. 0 0 Bank notes 14,437,824 10 3 Demand liabilities— State 3,153,630 10 5 Banks 4,806,785 7 0 Other 316,501 11 8 Liabilities in currencies other than N.Z. currency .. .. 7,897 7 3 Other liabilities .. .. 158,009 9 11 Total £ (N.Z.) 24,450.618 16 z Assets Gold 2,801,791 0 0 Sterling exchange .. 7,707,697 3 8 Subsidiary coin .. .. 220,495 4 2 Advances— Primary products marketing dept. 4,030,785 r 0 Investments .. .. 2,732,064 16 6 Other assets .. .. .. 107,785 6 11 Total £(N.Z.)24,450,618 16 3 Proportion of reserv ; to notes and other demand liabilities 46.09 per cent.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19381104.2.38

Bibliographic details

Timaru Herald, Volume CXLV, Issue 21185, 4 November 1938, Page 7

Word Count
131

RESERVE BANK Timaru Herald, Volume CXLV, Issue 21185, 4 November 1938, Page 7

RESERVE BANK Timaru Herald, Volume CXLV, Issue 21185, 4 November 1938, Page 7