HC Deb 16 June 1966 vol 729 cc319-20W
Sir C. Osborne

asked the Chancellor of the Exchequer what proportion of the British Government's dollar holdings had to be liquidated as a condition of French participation in the international bankers' recent support arrangements for sterling; what is the total of the remaining dollar holdings; if he is under further obligation to liquidate these; and if he will make a statement.

Mr. Callaghan

No such condition was attached to French participation in the Central Bank arrangements recently announced.

As I informed the House on 1st March, the value of the remaining dollar securities not transferred to the reserves has

COMPUTERS INSTALLED
Location Manufacturer Name of Computer Date installed Application
LONDON TRANSPORT BOARD
London International Computers and Tabulators I.C.T. 1101 1964 Stock control, costing and payroll.
B.R. Scottish Region, Glasgow International Computers and Tabulators I.C.T. 1301 1965 Accounting, Statistics.
N.E. RegionYork International Computers and Tabulators 2 x I.C.T. 1004 1964 N.E. Region, paybills, freight.
Newcastle International Computers and Tabulators I.C.T. 1004 1964 Accounting, also workshop.
Darlington International Computers and Tabulators 2 x I.C.T. 1004 1964 Paybills.

recently averaged around £180 million. I have no obligation to liquidate any part of these, nor have I any statement to make at present.

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