HC Deb 26 July 1887 vol 318 c18
SIR SAMUEL WILSON (Portsmouth)

asked the Civil Lord of the Admiralty, What amount of the Greenwich Hospital Funds is now invested in Government Three Per Cent Annuities: and, whether he will take into consideration the question of obtaining a better investment of the money for the benefit of the seamen, who have largely contributed to these funds?

MR. ASHMEAD-BARTLETT (CIVIL LORD of the ADMIRALTY) (Sheffield, Ecclesall)

The amount of Greenwich Hospital Funds now invested in the Three Per Cent Stock is £1,005,772. Arrangements have been made for the re-investment of a portion of this sum, and negotiations are in progress for further re-investments.