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RESERVE BANK

Assets And Liabilities (N.Z.P.A.) WELLINGTON, June 26. The following is a statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on June 18:

Proportion of reserve to notes and other demand liabilities, 62.033 per cent. Sterling exchange is expressed in New Zealand courrency.

Liabilities £ s. d. Reserve fund 1.500,000 0 0 Bank notes 40,540,113 10 0 Demand Liabilities — State 14,315,856 14 2 Banks 40.699,964 5 7 Other 6,069,320 4 9 Liabilities in currencies other than N.Z. currency .... 19,196 4 7 Other liabilities .. .. 2,544,388 2 4 Total £ (N.Z.) 106.187,839 1 5 Assets Cold 2.801,877 10 0 Sterling exchange .. 60,567,740 8 6 Subsidiary coin .. .. 25,250 4 10 Advances — Marketing dept. .. 2.290,461 16 3 For other purposes 24,000,000 0 0 Investments 14.345,512 19 2 Other assets 2,156,996 2 8 Total £ (N.Z.) 106.187,839 1 5

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19450627.2.52

Bibliographic details

Timaru Herald, Volume CLVII, Issue 23238, 27 June 1945, Page 4

Word Count
143

RESERVE BANK Timaru Herald, Volume CLVII, Issue 23238, 27 June 1945, Page 4

RESERVE BANK Timaru Herald, Volume CLVII, Issue 23238, 27 June 1945, Page 4