RESERVE BANK
ASSETS AND LIABILITIES By Telegrapn—Press AsboClntion WELLINGTON. December 8. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on December 5: —
The proportion of reserve to notes and other demand liabilities is 29.834 per cent. Sterling exchange is expressed in New Zealand currency.
Liabilities £ s. c. Reserve Fund 1,500.000 0 0 Bank Notes 14,694,982 10 0 Demand Liabilities— State 2,687.669 18 11 Banks 5,746.3”7 19 11 Other 263,054 15 7 Liabilities in Currencies other than N.Z. Currencies .. .. 23.710 10 0 Other Liabilities .. 172,475 16 9 Total £ (N.Z.) .... 25,088,280 11 2 Assets Gold £ 2.801.791 s. d. 0 0 Sterling Exchange .. 4,200.856 5 0 Subsidiary Coin .. .. 202,652 1 3 Advances— Primary Products Marketing Department .. .. 5,486,872 0 7 For Other Purposes 8.680,000 0 0 Investments .. .. 3,605,022 5 11 Other Assets .. .. 111,086 18 5 Total £ (N.Z.) .... 23,088,280 r 2
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Bibliographic details
Timaru Herald, Volume CXLV, Issue 21215, 9 December 1938, Page 8
Word Count
151RESERVE BANK Timaru Herald, Volume CXLV, Issue 21215, 9 December 1938, Page 8
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