MR. ASTBUEY (Lancashire, Southport)To ask Mr. Chancellor of the Exchequer whether his attention has been called to the fact that the total amount of stock issued under the Irish Land Act, 1903, is stated in the London Stock Exchange daily official list as £11,000,000, whereas the correct amount at March 31st last was £13,201,444 8s. 9d.; and whether he can say how this discrepancy arises, and give a statement showing when and in what manner the
Guaranteed 2¾ per Cent. Stock. | |||
Details of stock issues to May, 1906. | |||
Date of Issue. | Amount of Issue. | Net Amount of Cash raised. | Note. |
£ | £ | ||
March, 1904 | 5,000,000 | 4,337,122 | A. |
January, 1905 | 6,000,000 | 5,354,332 | B. |
2nd January, 1906 | 1,103,448 | 1,000,000 | C. |
26th February, 1906 | 1,097,996 | 1,000,000 | D. |
6th April, 1906 | 1,000,000 | 920,292 | E. |
14,201,444 | 12,611,746 | ||
A. Offered to public subscription at a fixed price of 87. | |||
B. Offered to public tender subject to a minimum of 88½—average price of tenders £89 8s. 8d. | |||
C. Issued to National Debt Commissioners at £90 12s. 6d.—x.d.* | |||
D. Issued to National Debt Commissioners at £91 1s. 6d.—x.d.* | |||
E. Issued to National Debt Commissioners at £92 0s. 7d.—x.d.* | |||
* The average price of the stock on the day on which the issue was made as certified by the Bank of England. |