Unused credits
U.K. Sterling Liabiliti including loans to H.M.C
Gold
United Cana- States dian dollars dollars
Total gold and dollar holdings
End of month
United States
Canada
Non- Sterling sterling Area countries(?) countries
million
£ million
U.S. $ million
U.S. $ million
U.S. $ million
U.S. $ million
Old
New rates(1) rates(2)
£ million (3)
Old
New
£ million
£ million£m
rates(*) | rates(3)
!
1945 December ... 1,987
471
1946 June
2,138
128
December
2,429
219.
1947 March
2,263
103
June
2,364
37
September.
2,278
84
21
December
2,008
45
1948 March
2,109
109
June
1,781
122
September
1,714
46
December
1,611
228
1949 January
1,608
249
February
1,632
269
March
1,668
221
April
1,696
148
May
1,666
65
June
1,544
92
July
1,450
29
August
1,359
47
September. 1,258
152
* 180 28 8DDD 222 222 RES
18
2,476
610:4
1,2,10
2,453
35
2,301
566.6
930.5
245.5
1,259
2,476
48
2,696 664.0
781.6
176.2
1,283
2,417
14
2,380
585.8
675.5
151-4
1,333
2,411
9
2,410
593.0
421.8
138.2
1,352
2,319
2,383 586.5
99.3
101-0
1,294
2,278
26
2,079
511.6
74.4
71.2
1,284
2,288
23
2,241 551.7
60.0
1,199
2,395
17
1,920 472.7
58.3
1,144
2,408
17
1,777 437.4
58.3.
1,076
2,347
17 1,856 457.2
58.3
1,037
2,322
29 1,861 464.7
55.8
1,010
2,291
1,923 473.8
53.3
1,002
..2,305
23 1,912 471.1
50.8
1,014
2,294
25 1,869 460.3
48.3
1,007
2,276
13
1,744 429-2
45.9
1,011
2,251
15 1,651 406.4
43.4
: 1,009
2,224
1
19 1,498 368.8
40.9
1,024
2,196
11 1,417 348:7
38.5
1,046
. 2,179
15 1,425 351.4 508.9
36.0
47.1
1,107
2,188
=
(1) Converted at:—Gold 172s. 3d. per fine ounce, U.S. $4·03 = £1, Canadian
$4.44 £1 (until June 1946), thereafter Canadian $4.03 = £1, (2) Converted at:-Gold 250s. Od. per fine ounce, U.S. $2.80
Capadian $3.08 £1. Converted at:-U.S. $4·03
20 000
=
£1.
£1,
Converted at Canadian $4.44 £1 (June 1946) thereafter Canadian
$4.03:
=
£1.
Converted at:-Canadian $3.08
£1.
Excluding holdings of International Monetary Fund and Bank. Including Egypt, Sudan, Israel and Jordan throughout.
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
Table 12
1948
1949
1946 1947 Decem- Decem-
ber
ber June
Forecast
October January
June
Sept. Oct.
Nov. Dec. Jan
All stocks
:
101
100
94
96
35
96
100
108
107
107
107
Food(2)—
Total
95
100
91
95
Cereals, oilcake, etc.
73
100
89
128.
143
Other food
96
100
88
83
Beverages
132
100
107
100
120
89828
103
113
114
114
113
141
167
172
167
162
80
87
92
92
93
94
128
127
137
135
134
Raw materials(3)—
Total
.100
100
Steel-making materials
131
100
100
Non-ferrous metals
106
100
Timber
47
:100
Textiles
114
.100
Pyrites, sulphur, etc.
93
100
108
Fertilisers
131
100
Paper and papermaking mate-
rials
-103
100
109
Miscellaneous
88
100'
4 288888 28
94
91
123
120
134
105
102
120
86
97
95
96
83
80
102
104
113
67
88
107
* 282
93
100
99
174
181
139
137
74
88
91
86
88
85
116
112
113
76
99
108
$ £ཎྜཨྰཿསྐྱུ⪜
99
182
,186
134
130
104
84
114
114
119
133.
137
129
138
140
140
135
96
98
91.
92
92
92
92
Petroleum products
169
100
.114
138
143
172
173
162
164
163
Page 817
(1) Stocks of each commodity have been revalued at the appropriate
Page 817
f.o.b. price prevailing in the last quarter of 1948.
(2) Excluding stocks on farms.
(3) Excluding stocks of pig-iron and steel.
able 13