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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph —PresF Association WELLINGTON, February 23. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on February 20: Liabilities £ s. d. Reserve fund .. .. 1,500.000 0 0 ■Bank notes .. .. ~ 14,888,397 10 0 Demand liabilities — & State 3.654,631 6 1 Banks 10,103.136 12 8 Other 80,210 7 1 Liabilities in currencies other than N.Z. currency .. 34.652 5 3 Other liabilities .. .. 274,116 2 3 Total £(N.Z.) 30,535,144 3 4 Assets Gold 2.801 791 0 0 Sterling exchange .. 4,523.030 19 1 Subsidiary coin .. .. 203,717 611 Advances — Primary products marketing dept. . 6,716.535 8 3 For other purposes 1.250 000 0 0 Investments ~ 3,651.138 18 8 Other assets .. .. 137.920 10 5 Total £(N.Z.)30.535.144 3 4 Proportion of reserve to notes and other demand liabilities 25.378 per cent. Sterling exchange is expressed in New Zealand currency.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19390224.2.63

Bibliographic details

Timaru Herald, Volume CXLV, Issue 21279, 24 February 1939, Page 6

Word Count
148

RESERVE BANK Timaru Herald, Volume CXLV, Issue 21279, 24 February 1939, Page 6

RESERVE BANK Timaru Herald, Volume CXLV, Issue 21279, 24 February 1939, Page 6

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