12 THE NEW ZEALAND GAZETTE. [No. 1

RESERVE BANK OF NEW ZEALAND.

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON MONDAY, 19TH DECEMBER, 1938.

Liabilities.

1. General Reserve Fund .. .. £1,500,000 0 0
2. Bank-notes .. .. .. 16,298,740 0 0
3. Demand liabilities—
   (a) State .. .. .. 2,542,987 6 0
   (b) Banks .. .. .. 6,426,619 10 7
   (c) Other .. .. .. 180,804 17 10
4. Time deposits .. .. ..
5. Liabilities in currencies other than New Zealand currency .. .. 16,284 1 0
6. Other liabilities .. .. .. 196,233 3 8

£(N.Z.)27,161,668 19 1

Assets.

7. Reserve—
   (a) Gold .. .. .. £2,801,791 0 0
   (b) Sterling exchange* .. .. 4,368,094 17 5
   (c) Gold exchange .. ..
8. Subsidiary coin .. .. .. 193,667 3 10
9. Discounts—
   (a) Commercial and agricultural bills .. .. ..
   (b) Treasury and local-body bills 500,000 0 0
10. Advances—
    (a) To the State or State undertakings—
    (1) Primary Products Marketing Department .. 5,184,588 2 2
    (2) For other purposes .. 10,400,000 0 0
    (b) To other public authorities .. .. ..
    (c) Other .. .. ..
11. Investments .. .. .. 3,605,022 5 11
12. Bank buildings .. .. ..
13. Other assets .. .. .. 108,505 9 9

£(N.Z.)27,161,668 19 1

• Expressed in New Zealand Currency.

Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities, 28.109 per cent.

W. H. WELSH, Chief Accountant.

RESERVE BANK OF NEW ZEALAND.

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON MONDAY, 26TH DECEMBER, 1938.

Liabilities.

1. General Reserve Fund .. .. £1,500,000 0 0
2. Bank-notes .. .. .. 16,041,425 10 0
3. Demand liabilities—
   (a) State .. .. .. 2,842,163 8 4
   (b) Banks .. .. .. 7,193,226 10 11
   (c) Other .. .. .. 79,106 8 0
4. Time deposits .. .. ..
5. Liabilities in currencies other than New Zealand currency .. .. 19,902 19 2
6. Other liabilities .. .. .. 205,874 5 7

£28,481,699 2 0

Assets.

7. Reserve—
   (a) Gold .. .. .. £2,801,791 0 0
   (b) Sterling exchange* .. .. 4,678,232 18 6
   (c) Gold exchange .. ..
8. Subsidiary coin .. .. .. 188,665 16 2
9. Discounts—
   (a) Commercial and agricultural bills .. .. ..
   (b) Treasury and local-body bills 500,000 0 0
10. Advances—
    (a) To the State or State undertakings—
    (1) Primary Products Marketing Department .. 5,257,018 0 8
    (2) For other purposes .. 11,200,000 0 0
    (b) To other public authorities .. .. ..
    (c) Other .. .. ..
11. Investments .. .. .. 3,605,022 5 11
12. Bank buildings .. .. ..
13. Other assets .. .. .. 250,969 0 9

£28,481,699 2 0

• Expressed in New Zealand Currency.

Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities, 27.882 per cent.

W. H. WELSH, Chief Accountant.

RESERVE BANK OF NEW ZEALAND.

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON MONDAY, 2ND JANUARY, 1939.

Liabilities.

1. General Reserve Fund .. .. £1,500,000 0 0
2. Bank-notes .. .. .. 16,494,890 10 0
3. Demand liabilities—
   (a) State .. .. .. 1,990,978 6 7
   (b) Banks .. .. .. 7,460,063 12 0
   (c) Other .. .. .. 91,964 4 11
4. Time deposits .. .. ..
5. Liabilities in currencies other than New Zealand currency .. .. 12,955 3 8
6. Other liabilities .. .. .. 446,430 15 10

£(N.Z.)28,006,282 13 0

Assets.

7. Reserve—
   (a) Gold .. .. .. £2,801,791 0 0
   (b) Sterling exchange* .. .. 4,017,232 2 0
   (c) Gold exchange .. ..
8. Subsidiary coin .. .. .. 192,098 5 5
9. Discounts—
   (a) Commercial and agricultural bills .. .. ..
   (b) Treasury and local-body bills 500,000 0 0
10. Advances—
    (a) To the State or State undertakings—
    (1) Primary Products Marketing Department .. 5,730,791 2 7
    (2) For other purposes .. 11,000,000 0 0
    (b) To other public authorities .. .. ..
    (c) Other .. .. ..
11. Investments .. .. .. 3,603,300 6 2
12. Bank buildings .. .. ..
13. Other assets .. .. .. 161,069 16 10

£(N.Z.)28,006,282 13 0

• Expressed in New Zealand Currency.

Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities, 26.13 per cent.

W. H. WELSH, Chief Accountant.