RESERVE BANK
Assets and Liabilities STERLING POSITION IMPROVES By Telegraph—Press Association WELLINGTON, February 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 Monday, February SiLiabilities
Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities 31.588 per cent. Sterling exchange is expressed in New Zealand currency.
£ S. d. Reserve fund .. .. 1500,000 0 0 Bank notes 18.141,720 10 0 Demand liabilities— State ‘. 5,579.002 16 3 Banks 14,280,904 6 8 Other 104,793 1 11 Liabilities in currencies other than N.Z. currency 7,258 14 8 Other liabilities .. .. 807,001 2 3 Total .. £(N.Z.) 40,420,680 11 9 Assets £ s. d. Gold 2.801,839 0 0 Sterling exchange .. 9,292.501 10 0 Subsidiary coin .. .. 160.885 1 8 Advances— Marketing Dept. .. 3.798.914 4 1 For other purposes 20,910,000 0 0 Investments 3,362,623 3 8 Other assets 143,917 12 4 Total .. £(N.Z.) 40.420,680 11 9
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Bibliographic details
Timaru Herald, Volume CXLVIII, Issue 21574, 9 February 1940, Page 6
Word Count
155RESERVE BANK Timaru Herald, Volume CXLVIII, Issue 21574, 9 February 1940, Page 6
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