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RESERVE BANK

Assets And Liabilities (N.Z.P.A.) WELLINGTON, Jan. 7. The following is a statement of assets and liabilities of the Reserve Bank of New Zealand at the close of business on December 28, 1942: Liabilities

Proportion of reserve to notes and other demand liabilities 48.280 per cent. Sterling exchange is expressed in New Zealand currency.

Reserve Fund £ 1,500,000 s. d. 0 0 Bank Notes 30,819,847 0 0 Demand Liabilities— State .. .. 10,749,670 0 6 Banks 18,532,335 13 9 Other Liabilities .. .. 692.840 9 Liabilities in currencies other than New Zealand currency .. .. 24,065 4 3 Other liabilities .. .. 2,347,421 12 8 Total .. £ (N.Z.) 64,666,179 13 11 Assets £ s. d. Gold 2,801,877 10 0 Sterling exchange .. 26,573,999 0 3 Subsidiary Coin ., 17,472 10 3 Advances— Marketing Department .. 1,523.220 17 5 For other purposes .. 27,300,000 0 0 Investments .. .. 4,460,682 6 6 Other assets 1,988,927 9 2 _ Total .. £ (N.Z.) 64,666,179 13 11

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19430108.2.37

Bibliographic details

Timaru Herald, Volume CLIII, Issue 22474, 8 January 1943, Page 4

Word Count
145

RESERVE BANK Timaru Herald, Volume CLIII, Issue 22474, 8 January 1943, Page 4

RESERVE BANK Timaru Herald, Volume CLIII, Issue 22474, 8 January 1943, Page 4

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