RESERVE BANK WEEKLY STATEMENT

Evening Post, Volume CXVIII, Issue 89, 12 October 1934, Page 12

RESERVE BANK WEEKLY STATEMENT

The weekly statement of assets and liabilities of the Reserve Bank of New Zealand, printed in the Gazette last night, shows the position as at the c'ose of business . on Monday last, compared with that of the week before, as follows: — , LIABILITIES. ■' ' ' October 1. October 8. . £ s. d. £ s. d. 1. Paid-up capital 1 500,000 0 0 500,000 0 0 2. General reserve fund 1,000,000 0 0 1.000,000 0 0 3. Bank-notes ;;.... 8,701,322 10 0 8,G99,207 10 0 4. Demand liabilitiesfa) State 2,462,889 1 0 3.07G.790 19 S (b) Banks 17,901.799 1 10 16,106,624 15 5 (c) Other 3,309 14 ,6 1,270 5 2 5. Time deposits — — 6. Liabilities in currencies other than New Zealand currency — — 7. Other liabilities 8,913 6 10 21,864 17 2 £30,641,233 14 2 £29,405,767 7 3 ASSETS. 8.' Reserve— ■ (a) Gold 3,851,727 0 0 3,851,727 0 0 (b) Sterling exchange 25,107,289 5 3 23,883,428 2 5 ' (c) Gold exchange ? — — 9. Subsidiary coin 122,709 14 1 122,014 3 4 10. Discounts— (a) Commercial and agricultural bills — — (b) Treasury and local body bills — — 11. Advancesfa) To the State or State undertakings — . — (b) To other public authorities .... — — (c) Other - - 12. Investments 1,500,000 0 0 1,500,000 0 0 13. Bank buildings — — 14. Other assets .... 59,507 14 10 48,598 1 6 £30,641,233 14 2 £29,405,767 7 3 Proportion of reserve (No. 8 less No. 6) to notes and other demand liabilities, 99.40 per cent, last week; 99.46 per "cent, this week.