RESERVE BANK
LONDON FUNDS FIRMER P.A. WELLINGTON, Dec. 4. The statement of the assets and liabilities of the Reserve Bank of New Zealand at the close of business on November 26 was:— Liabilities Nov. 19. Nov. 26. £ £ Reserve Fund .. 1,500,000 1,500,000 Bank notes .. 48,202,979 48,047,214 Demand liabilities— State .. .. 12,355,339 11,200,099 Bank .. .. 49,315,678 52,576,455 Other .. .. 674,774 590,127 Liabilities in other than New Zealand currency 53,058 37,096 Other liabilities 3,348,264 3,357,184 £115,450,092 £117,308,175 Assets Gold 2,801,878 2,801,877 Sterling exchange (New Zealand currency) .. 66,664,700 65,225,174 Subsidiary coin 28,943 30,802 Advances to State or State undertakings— Marketing organisations For other purposes .. 37,000,000 37,000,000 Investments .. 7,868,093 7,868,093 Other assets .. 1,086,478 878,367 £115,450,092 £117,308.175 The proportion of reserves to notes and other demand liabilities was 60.481 per cent. (62.789).
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Otago Daily Times, Issue 26636, 5 December 1947, Page 7
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123RESERVE BANK Otago Daily Times, Issue 26636, 5 December 1947, Page 7
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