RESERVE BANK
ASSETS AND LIABILITIES By Tf-leisrapb - Prw, Assorlanon WELLINGTON. December 14. The following statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on December 11: Liabilities £ s. d.
Reserve Fund .... 1.500,000 0 0 Bank notes 17,966,332 3 0 Demand liabilities— State 3,241.302 8 5 Banks 12,007.842 13 o Other 167.859 8 11 Liabilities in currencies other than N.Z. currency 15,461 18 4 Other liabilities 661,032 7 6 Total £(N.Z.) £35,559.830 16 4 Assets Gold 2,801.839 0 0 Sterling exchange .. 6.304,733 17 6 Subsidiary coin .. .. 176,301 9 2 Advances— Primary products marketing dept. .. 5,326,270 1 5 For other purposes 17,475,000 0 0 Investments 3,377.197 14 7 Other assets 198,588 13 8 Total £(N.Z.) £35,559,830 16 4 Proportion of reserve to notes and other demand liabilities 26.933 per cent. Sterling exchange is expressed in New Zealand currency.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THD19391215.2.52
Bibliographic details
Timaru Herald, Volume CXLVII, Issue 21528, 15 December 1939, Page 6
Word Count
146RESERVE BANK Timaru Herald, Volume CXLVII, Issue 21528, 15 December 1939, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Timaru Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.