RESERVE BANK
Assets and Liabilities By Telegraph—Press Association WELLINGTON, October 17. The following is a statement of the assets and liabilities of the Reserve Bank as at the close of business on October 14:— Liabilities Reserve Fund .. .. 1,500,000 0 0 Bank Notes 20,076,799 10 0 Demand Liabilities— State 5,855,488 18 10 Banks 14,456,707 19 11 Other 582,434 11 2 Liabilities in currencies other than N.Z. i Currency 18.847 3 4 Other Liabilities .. 822,177 17 11 Total £ (N.Z.) .. 43,322,457 1 2 Assets Gold 2,801.852 0 0 Sterling Exchange .. 8,889,780 10 11 Subsidiary Coin .. .. 97,913 8 3 Advances— Marketing Dept. .. 2,792,632 12 6 For other purposes .. 25,140,000 0 0 Investments 3,125,863 12 1 Other Assets 474,414 17 5 Total £ <N.Z.) .. 43,322,457 1 2 Proportion of reserve to notes and other demand liabilities, 28.49 per cent. Sterling exchange is expressed in New Zealand currency.
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https://paperspast.natlib.govt.nz/newspapers/THD19401018.2.54
Bibliographic details
Timaru Herald, Volume CXLVIII, Issue 21788, 18 October 1940, Page 6
Word Count
141RESERVE BANK Timaru Herald, Volume CXLVIII, Issue 21788, 18 October 1940, Page 6
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