WORLD TRADE—COLOMBIA The Banco de la Republicas Gola Reserves and Foreign»Exchange Increasé of the to $10,125,000, all the accounts and. discounts’ ol loans of * the Banco de la Repubhica, decreased by January 3lst. The largest decrease was that of. $60,682,000 corresponding to the aifiliated banks, followed by $6,600,000 corresponding to ithe damaged parties of 1948, $1,500,000 of the official.eentities .and $200,000 corresponding™=to non-affiliated balances indicated in, the above mentioned dates foreign 1952 — January exchange, currency in circulation, $609/727,00U0. against 267,000 against 044,101,000; legal: reserve for 48.75, On 1953 US$155,543,000 against 157,669,000:: 538,879,000; deposits. $325,currency, %, 42.81 against ; January 3ist the means i 6f payment indicated over the figure of December 38lst a greater valué of: $01,993 000, determined superabundanthly. by that of the non-official deposits; therlatter,. inerease exceeding the ST9S. UU0,000, When establishing the .comparison. with those. of November: 30th, it being considered that 4Hese are more comparable with those of January than the-ones-.for ‘the end noted. that the increase.just, exceeds $37,000,000.: abov@.to the value of checks pending payment in must be*taken into consideration to determine the or relative year la is as mentioned figures ‘follows: 3.42 3.62 2.23 .36 73 .66 .DD 3.39 3,54 3.49 3.89 _ Banks 4.86 ~~ it Commercial . . dates and. Republica a February March ..i<. ADpfil. 2. May neaee « June the de WwW . during Banco a, January has a deposits ad 1952 of the : O71 fluctuated amount on absolute pal sit 3.46 15 3.48 5.Q6° i) The which following me the « decomposition . the - payment, year a.0 et : of and im January 1952, snowed (in thousands of pesos): the. Ry co means of We made reference January 31st, which actual volume of the 3.40 4 a tld and suee* reserves + December Gold i respective ~<ee The TT ti banks. the following figures (December 31, 1952 and January 31, 1953 respec tively) -in thousai.ds of pesos: Loans and discounts to affiated banks, 24135285 against 180,603: discounts to aflilrated banks#for; damaged parties of April,. 1948. 22,093 against 16,338: loans ande=discounts to non-affiliated banks, 14,390 against 144100: loans to off#@ial entities -different. from the Government. 21,500 against 26,000; loang-and discounts to private individuals 124,120 against 134,245. | . : Totals: 424,144 against. 365,286. The obligations of the Caja de Credito Agrario covéred 50% of..the total of :$180,603;000 charged to affiliated banks. From one month to the other the gold reserves and foreign exchange, as well, as the deposits of the central bank increased, US$2;126,000 and $1,884,000 ‘respectively, while the circulation of currency decreased by $70,848,000. Those acco™mts and currency presented the following figures at the end of. the months being compared: Peron yarhaal o- group ~ the 2 up no make Ste ae Management TE pon analyzing the .~monetary market, ,the Bank Stated the follo Wie: “Wxeeptine the private acéounts which increased which x new fy A io4 was-a ate danuary there exchange. SF? during foreign MERE eS TTS that and SER emphasizing therein sim the gold reserves just pubmonth of RI January, incréasé the Banco de la Republica has report corresponding to the - BOGOTA—The Management of éi lished its monthiy