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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph —Press Association WELLINGTON, June 22 The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on June 19:— Liabilities

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Reserve fund 1.500.000 0 0 Bank notes 15,528.953 0 0 £ s. d. Demand Liabilities— State 3.311.790 12 3 Banks 8,500.998 16 6 Other 216,182 4 6 Liabilities in currencies other than N.Z. 56.185 5 8 Other liabilities 347,544 10 8 Total .. (N.Z.) £29.461,659 9 7 Assets '■ d. Gold 2.801.839 0 0 Sterling exchange .. 5,793.195 1 3 Subsidiary coin .. .. 219,982 17 4 Advances— Primary Products Mrktng. Dept. 5.900,046 0 -u For other purposes .. 10,575,000 0 0 Other 200.000 0 0 Investments 3,768,164 0 0 Other assets 203,432 10 10 Total .. (N.Z.) £29.461.659 9 7 Proportion of reserve to notes a nd other demand liabilities 30 985 per cent. Sterling exchange is express ;ed in New Zealand currency.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19390623.2.55

Bibliographic details

Timaru Herald, Volume CXLVI, Issue 21379, 23 June 1939, Page 8

Word Count
164

RESERVE BANK Timaru Herald, Volume CXLVI, Issue 21379, 23 June 1939, Page 8

RESERVE BANK Timaru Herald, Volume CXLVI, Issue 21379, 23 June 1939, Page 8