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RESERVE BANK

Assets And Liabilities (P.A.) WELLINGTON. Mar. 6. 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:— Liabilities

£ s. d. Reserve fund 1,500,000 0 0 Bank notes 23,440 230 10 0 Demand liabilities— State 13,657,394 0 7 Banks 18,546,037 16 2 Other 240 072 5 4 Liabilities in currencies other than New Zealand currency . 42.209 0 4 Other liabilities .. .. 1,243,139 9 0 Total £ (N.Z.) .. 58,669.083 1 5 Assets Gold 2.801.877 10 0 Sterling exchange .. 18.747.467 1 3 Subsidiary coin .. .. 75,915 2 1 Advances— Marketing Dept . . .. 5,883,102 8 0 For other purposes .. 25.7s0.000 0 0 Investments 4,150.508 5 b Other assets 1.260,212 13 5 Total £ (N.Z.) .. 58,669.083 1 5 Proportion of reserve to notes and other demand liabilities 38.486 per cent. Sterling exchange is expressed in New Zealand currency.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19420307.2.18

Bibliographic details

Timaru Herald, Volume CLI, Issue 22215, 7 March 1942, Page 4

Word Count
145

RESERVE BANK Timaru Herald, Volume CLI, Issue 22215, 7 March 1942, Page 4

RESERVE BANK Timaru Herald, Volume CLI, Issue 22215, 7 March 1942, Page 4

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