14

Page 121

Reserves and liabilities

£ million

U.K. Sterling Liabilities

including loans to

H.M.G.(2)

Canadian Non-sterling Sterling Are

countries(3) countries

Gold

United States dollars

Canadian

dollars

Total gold and dollar holdings(1)

Unused credits

United States.

1946 June

December

1947 March

June

September

::

526.1

31.8

8.7

566.6

930-5

245.5

1,266

2,474

597.6

54-4

12.0

664.0

781.6

176.2

1,295

2,414

557.0

25.4

3.3

585.7

657.5

151.4

1,349

2,409

581.7

9.2

2.1

593.0

421.8

138.2

1,369

2,317

560.5

20.9

5-1

586.5

99.3

101.0

1,313

2,274

December

494.0

11.1

6.5

511.6

74.4

71.2

1,303

2,270

1948 January

469.1

11-0

2.7

482.8

49.6

67.5

1,277

2,276

February

523.3

20.5

4:7

548.5

24-8

63.8

1,270

2,318

March

518.9

27.2

5.6

551-7

60.0

1,218

2,377

April

506.4

14.1

13.0

533.5

58.3

1,195

2,396

May

498.4

9.

.6

6.5

514.5

58.3

1,181

2,414

June

438.2

30.3

4.2

472.7

58.3

1,167

2,388

July

440.9

18.6

4.0

463.5

58.3

1,146

2,364

August

430.6

19.8

5:7

456.1

58.3

1,129

2,322

September

421.8

11.3

4.3

437.4

58.3

1,097

2,329

October

417.5

11.3

3.6

432.4

58.3

1,074

2,329

November

400.4

14.9

3.3

418.6

58.3

1,058

2,323

December

1949 January

February March

396.4

56.5

4.3

457.2

58.3

1,057

2,301

395.7

61.7

7.3

464.7

55.8

1,029

2,273

401.5

66.8

5-5

473.8

53.3

1,023

2,287

410.6

54.8

5-7

471.1

50.8

1,036

2,276

April

:

417.4

36.7

6.2

460.3

48.3

:

(1) Gold and dollar spot: holdings of Exchange Equalisation Account only. After payment of subscriptions to International Bank azi

Monetary Fund.

(2) Excluding holdings of International Bank and Monetary Fund.

(3) Including Egypt and Palestine.

Table 12

All stocks

Food(2)-

Index of volume of stocks of food and animal feeding-stuffs, raw materials and

petroleum products in the United Kingdom(1)

End of December 1947 = 100

1948

1949

1946 1947 Decem- Decem-

ber

ber

Forecast

March

June Septem- Decem- Jan-

Feb- March

ber

ber

uary

ruary

April May Ju

101

100

95

94

96

97

96

95

93

333

8383

93

95

Total

Cereals, oilcake, etc.

Other food

Beverages

132

គ នរោត

100

73

100

96

100

100

121

8 882

107

5889

91

89

115

89

100

8858

98

98

96

93

92

96

39

145

138

+42

146-

190-

129

129

86

83

80

76

73

ཧྨཊཿ

129

74

108

120

126

128

131

134

229

127

79

136

928

79

Raw materials(3)—

Total

100

100

Steel-making materials

131

100

Non-ferrous metals

106

100

Timber

47

100

Textiles

114

100

Pyrites, sulphur, etc.

93

100

108

Fertilisers

131

100

Paper and paper-

making materials ...

103

100

Miscellaneous

88

100

Petroleum

products

169

100

* **** 56 %

95

95

95

93

99

117

121

95

94

106

105

86

96

97

96

87

108

107

103

67

81

ོ རྦe2=

91

90

120

114

112

102

97

95

90

79

80

80

104

101

100

110

107

91

109

121

133

134

132

129

94

99

96

91

91

5 28 28

88

96

111 99

115

102

87

83

81

107

107

50

127

128

90

90

2 428 18

89

91

116

79

83

60

125

90

8 95

92

114

133

144

139

150

161

167

166

162

(1) Stocks of each commodity have been revalued at the appropriate

f.o.b. price prevailing in the last quarter of 1948.

(2) Excludingos bon jam. 366

(3) Excluding stocks of pig-iron and steel.

Page 121

.

Table 13

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