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RESERVE BANK

Assets And Liabilities

( P.A.) WELLINGTON. Feb. 20. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on February' 16.

Liabilities £ s. d. Reserve Fund 1.500,000 0 0 Bank Notes 23.290.946 10 0 Demand liabilities — State 10.047.809 19 2 Banks 21.025.836 10 0 8 6 Liabilities in currencies other than N.Z. 10 O Other liabilities .. .. 1.191.348 18 5 Total £ (N.Z.i 57,271.246 16 3 Assets Go ld 2.801.877 10 0 Sterling exchange .... 16.611,303 8 3 Subsidiary coin .. .. 65.087 17 8 Advances — Marketing Dept. .. 8.324.637 1 3 For other purposes 23.750.000 0 0 15 5 Other assets 1,567,913 3 8 Total £ <N.Z.) 57.271.246 16 3 Proportion of reserve to notes and other demand liabilities 35.516 per cent. Sterling exchange is expressed in CNZ.) currency.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19420221.2.34

Bibliographic details

Timaru Herald, Volume CLI, Issue 22203, 21 February 1942, Page 4

Word Count
137

RESERVE BANK Timaru Herald, Volume CLI, Issue 22203, 21 February 1942, Page 4

RESERVE BANK Timaru Herald, Volume CLI, Issue 22203, 21 February 1942, Page 4

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