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RESERVE BANK

ASSETS AND LIABILITIES By Telegraph —Press Association WELLINGTON. January 18. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on January 15:

Liabilities Reserve Fund £ 1,500,000 s. d. 0 0 Bank Notes 18,722.259 0 0 Demand LiabilitiesState 3,064,920 13 6 Banks 12.991,241 1 4 Other Liabilities in curren180,697 17 6 cies other than N.Z. 7,993 1 6 Other Liabilities .. .. 754,479 9 4 Total £ (N.Z.) .. 37,221,591 3 2 Assets Gold 2,891,839 0 0 Sterling Exchange .. 6,865,421 9 4 Subsidiary Coin .. 161,858 18 2 Advances — Marketing Dept 3,586,833 16 0 For other purposes .. 20,610,000 0 0 Investments 3,042,181 1 5 153, 18 3 Total £ (N.Z 37,221,591 3 1 Proportion of reserve to notes and other demand liabilities, 27.630 per cent. Sterling exchange is expressed i New Zealand currency.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19400119.2.50

Bibliographic details

Timaru Herald, Volume CXLVIII, Issue 21556, 19 January 1940, Page 6

Word Count
142

RESERVE BANK Timaru Herald, Volume CXLVIII, Issue 21556, 19 January 1940, Page 6

RESERVE BANK Timaru Herald, Volume CXLVIII, Issue 21556, 19 January 1940, Page 6

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