B—6

Table No. 16 NEW ZEALAND OVERSEAS FINANCIAL TRANSACTIONS—BALANCE OF PAYMENTS WITH THE DOLLAR AREA, CALENDAR YEARS 1948 AND 1949 (£ thousands)

Table No. 17 NET OVERSEAS ASSETS* (£stg. millions)

47

U.S.A. Canada. Total. 1948. 1949. 1948. J 1949. 1948. 1949. Receipts Current items— Exports Other trade transactions Commissions, royalties, and insurance .. Donations and allowances Travellers Interest and dividends Legacies Private debts due Government receipts 6,057 262 43 48 49 17 29 35 6,030 248 46 67 55 4 18 44 16 2,648 390 52 12 9 7 9 10 2,034 107 30 27 14 6 29 11 1 8,705 652 95 60 58 24 38 45 8,064 355 76 94 69 10 47 55 17 Total—Current Capital transfers Unidentified 6,540 138 6,528 103 5 3,137 65 2,259 71 7 9,677 203 8,787 174 12 Total—Receipts 6,678 6,636 3,202 2,337 9,880 8,973 Payments Current items— Imports Other trade transactions Donations and allowances Travellers Interest and dividends Legacies Private debts due Government payments (including imports) Film hire and entertainments 11,253 834 13 149 352 74 106 1,113 358 14,050 864 16 204 507 63 60 1,311 408 | 5,663 28 4 13 98 41 23 608 4,061 68 5 21 82 43 10 289 16,916 862 17 162 450 115 129 1,721 358 18,111 932 21 225 589 106 70 1,600 408 Total—Current Capital items : Other capital payments .. 14,252 75 17,483 151 6,478 66 4,579 87 20,730 141 22,062 238 Total—Payments 14,327 17,634 6,544 4,666 20,871 22,300

Year. Last Balance Day. ! I Last. Balance Day. ~i ear. June. December. June. [ December. 1938 20-9 5-4 1945 62-1 75-1 1939 7-3 12-6 1946 78-1 83-3 ; 1940 21-9 18-7 1947 84-1 60-6 > 1941 24-9 20-2 1948 ,... 76-5 56*5 1942 29-8 32-4 1949 72-5 52-3 1943 32 1 34-3 1950 77-2 t 1944 32-8 42-7 * Reserve Bank sterling exchange and trading banks' assets overseas in respect of New Zealand business, less overseas liabilities. t Not available.