Table 11
15
Reserves and liabilities
278
Page 546
£ million
Gold (1)
United States dollars(2)
Canadian dollars(3)
Total gold and dollar holdings(4)
Unused credits
U.K. Sterling Liabilities
including loans to H.M.G.(5) ·
United States(2)
Canada(3)
Non-sterling Sterling Area
countries(6)
Total
countries
December
June December
:
489-0
116.9
4.4
610.3
1,210
2,453
3,663
526.1
31.8
8.7
566.6
930.5
245.5
1,259
2,476
3,735
597.6
54.4
12.0
664.0
781.6
176.2
1,283
2,417
3,700
March
557.0
25.4
3.3
585.7
675.5
151.4
1,333
2,411
3,744
June
581.7
9.2
2.1
593.0.
421.8
138.2
1,352
2,319
3,671
September
560.5
20.9
5.1
586.5
99.3
101.0
1,294
2,278
3,572.
December
494.0
11.1
6.5
511.6
74.4
71.2
1,284
2,288
3,572
March
518.9
27.2
...
5.6
551-7
60.0
1,199
2,395
3,594
June
...
438-2
30.3
4.2
472-7.
58.3
1,144
2,408
3,552
September
421.8
11-3
4.3
437.4
58.3
1,076
2,347
3,423
December
396.4
56.5
4.3
457.2
58.3
1,037
2,322
3,359
January
395.7
61.7
7.3
464.7
55.8
1,010
2,291
3,301
February.
401-5
66.8
5.5
.473.8
53-3
1,002
2,305
3,307
March..
410.6
54.8
5.7
471·1
50.8
1,014
2,294
3,308
April
417.4
36.7
6.2
460.3
48.3
1,007
2,276
3,283
May
410.0
16.1
3.1
429.2
45.9
1,011
2,251
3,262
June
379.9
22.8
3.7
406.4
43.4
1,009
2,224
3,233
368.8
July
356.9
7.2
4.7
478-8
40.9
1,024
2,196
3,220
August
334.4
11.6
2.7
348.7
38.5
1,046
2,179
3,225
September
309.4
37-8
4.2
351.4
36.0
1,107
2,188
3,295
*September
449-1
54.4
5.5
509.0
47.1
*October
457.1
82.7
8.7
548.5
43.9
(') Converted at 172s. 3d. per fine ounce except at * when 250s. per
fine ounce.
(2) Converted at United States $4.03
=
£1.
£1 except at when United
States $2.80 Converted at Canadian $4.44 £1 for June 1946, thereafter Canadian $4.03 = 1 except at * when Canadian $3.08 = £1. (*) Gold and dollar spot: holdings of Exchange Equalisation Account
only.
(5) Excluding holdings of International Bank and Monetary Fund.
() Including Egypt, Sudan, Israel and Transjordan 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-
Forecast
ber
ber
March
June Septem- Decem- March June Sept.
ber
ber
Oct.
Nov.
Dec.
·
stocks
jod(2)—
101
100
95
94
97
97
15
94
101
109
108
109
108
Total
:
95
100
96
91
94
Cereals, oilcake, etc.
Other food
Beverages
ន៖
73
100
93
89
115
139
96
100
93
88
86
132
100
121
107
100
108
88888888
138
83
130
888888
103
113
113
114
114
141
169
167
162
157
87
93
92
94
96
128
127
134
138
138
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
"
() Stocks
(2) Excluding stocks on farms.
etroleum products 169
f.o.b. price prevailing in the last quarter of 1948.
(3) Excluding stocks of pig-iron and steel.
100
* **** *3 %
95
93
100
96
95
97
108
44
91
109
95
* 28888 28
96
93
90
117
121
110
93
106
105
100
96
99
86
87
79
79
107
103
100
67
81.
110
57
$ 82s%s
101
100
101
100
134
174
184
188
194
119
139
138
136
131
71
85
92
99
104
86
88
85
83
83
113
122
121
122
123
71
100
105
114
121
129
134
154
152
162
160
159
153
96
99
95
90
91.
92
93
93
94
92
114
133
145
159
172
172
169
171
170
appropriate
Page 546%
Table 13
Page 547.
16
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