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RESERVE BANK

Assets And Liabilities (P.A.) WELLINGTON, May 8. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand at the close of business on Monday:— Liabilities £ s. a. Reserve Fund 1,500,000 0 0 Bank notes 21,809,606 0 0 Demand liabilities — State 8,990,158 5 5 Banks 13,903.499 3 5 Other 534,905 12 6 Liabilities in currencies other than N.Z. currency 24,788 15 4 Other liabilities .. .. 1,203,089 14 4 Total .. £ (N.Z.) 47,966,047 12 0 Assets Gold 2,801,874 10 0 Sterling exchange .. 20,593,144 2 4 Subsidiary coin .. .. 77,784 11 6 Advances — Marketing Dept. .. 3,6.55,332.13 0 For other purposes 15,500,000 0 0 Investments 3,772,569 9 1 Othei’ assets 1,576,347 5 10 Total .. £ (N.Z.) 47,966,047 12 0 Proportion of reserve to notes and other demand liabilities 51.66 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/THD19410509.2.30

Bibliographic details

Timaru Herald, Volume CXLIX, Issue 21958, 9 May 1941, Page 4

Word Count
140

RESERVE BANK Timaru Herald, Volume CXLIX, Issue 21958, 9 May 1941, Page 4

RESERVE BANK Timaru Herald, Volume CXLIX, Issue 21958, 9 May 1941, Page 4