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RESERVE BANK

Assets And Liabilities By Telegraph—Press Association WELLINGTON, November 21. 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, November 18:

Liabilities Reserve Fund £ 1,500,000 s. d. 0 0 Bank Notes 20,703,508 10 0 Demand Liabilities— State 6 463 468 3 q Banks 13,097,167 3 5 Other 305,666 9 0 Litbllitles in currencies other than N.Z. currency 785,097 11 Other liabilities .. .. 894,570 13 8 Total £(NZ.) £43,749,478 11 5 Assets Gold 2 801 852 o 0 Sterling Exchange .. 9,274,593 10 6 Subsidiary Coin .. .. 69,728 0 0 Marketing Dept. 3,252,555 6 5 For other purposes .. 23,690,000 0 0 Investments 3,771 823 13 o Other assets 888,925 6 11 Total £(N.Z.) £43,749,478 11 5 Proportion of reserve to notes and other demand liabilities 27.832 per cent Sterling exchange is expressed in New Zealand currency.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19401122.2.88

Bibliographic details

Timaru Herald, Volume CXLVIII, Issue 21818, 22 November 1940, Page 9

Word Count
149

RESERVE BANK Timaru Herald, Volume CXLVIII, Issue 21818, 22 November 1940, Page 9

RESERVE BANK Timaru Herald, Volume CXLVIII, Issue 21818, 22 November 1940, Page 9