RESERVE BANK
Sterling exchange held by the Reserve Bank fell from £53.038.108 to £52.058,091 in the week ended September 27. In the same period the note issue fell from £54.679.330 to £54,306,774. The assets and liabilities of the bank as at September 27. with the weekly average of 1939
and 1919, were as follows: — Week £N.Z. (millions) 1938 1949 Sept. 27 Liabilities— "ve funds 1.50 1.50 1.50 Bank notes 16.OS 51.31 54.31 *-> »■•<> ii ibilities— State 2.77 11.38 11.67 Banks 10.75 73.81 70.82 Other .31 .35 .96 Other currencies ... .03 .05 .06 Other liabilities 17 3.82 4.7-1 Gold 2.80 3.22 4.43 Sterling 5.31 49.00 52.6. Other exchange . . - - - .50 Subsidiary coin .. .22 .19 .22 Adwm- s io State - Marketing 6.09 3.48 2.79 Other 13.59 37.63 53.: Other advances 06 4.91 5.49 Investments 3.66 41.86 21.9, Other assets 17 1.97 .3.60 * Ratio, p.c 27.00 38.14 ♦Proportion of reserve to notes and other demand liabilities.
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https://paperspast.natlib.govt.nz/newspapers/WC19501007.2.95
Bibliographic details
Wanganui Chronicle, 7 October 1950, Page 8
Word Count
151RESERVE BANK Wanganui Chronicle, 7 October 1950, Page 8
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