§ 25. Mr. STEPHENasked the Chancellor of the Exchequer the approximate stocks of gold in Great Britain, France, Germany, United States, Italy, and Russia in 1927?
§ Mr. McNEILLWith the hon. Member's permission, I will circulate a statement; in the OFFICIAL REPORT.
§ Following is the statement:
§ The following are the stocks of gold in the undermentioned countries so far as particulars are made public:—
| — | Date. | In Currency of Country. | In Sterling at Par of Exchange. | |
| £ | ||||
| Great Britain (Bank of England, Issue Department). | 6th July, 1927 | … | £149,494,000 | 149,494,000 |
| France (Bank of France) | 7th July, 1927 | … | Fcs. 3,682,507,000 | 146,015,000 |
| Germany (Reichsbank) | 22nd June, 1927 | … | R.M. 1,744,969,000 | 85,412,000 |
| U.S.A. (Treasury, Federal Reserve Banks and Agents, and estimated in circulation). | 1st June, 1927 | … | $4,548,587,000 | 934,661,000 |
| Italy (Bank of Italy) | 10th June, 1927 | … | Lire 1,165,283,000 | 46,205,000 |
| Russia (State Bank, Issue Department). | 16th June, 1927 | … | Rbls. 167,000,000 | 17,653,000 |
§ Gold held abroad for the Bank of France, the Reichsbank and the Federal Reserve Banks, is excluded. Particulars are not available of gold held in any of the countries named on behalf of foreign countries.