§ MR. HAYDEN (Roscommon, S.)
To ask the Secretary to the Treasury whether he can state of £12,756,120 guaranteed land stock, 2¾ per cent., redeemable not before 5th August, 1921, how much has been exchanged for Consols, and at what 1552 price; how much has been purchased by Government, and at what price; how much has been extinguished, and at what price; how much is in hands of private investors; how much is lodged in court to the credit of estates sold under the Land Purchase Acts of 1891 and 1896, still unallocated; and what is the total outstanding amount of above stock now and by whom is it held.
(Answered by Mr. Runciman.)—
|At 31st March, 1907, the total amount of Guaranteed Stock, issued under the Land Purchase Acts of 1891 and 1896, was||£|
|of which there has been cancelled, as the equivalent of a similar amount of cash||894,595|
|Leaving still outstanding||12,740,778|
|Of this balance the National Debt Commissioners have given Consols in exchange, stock for stock, to the nominal amount of||£7,950,000|
|and have, on balance, purchased at an average price of 96¼||1,068,030|
|Leaving a balance of||£3,722,748|
§ which is held by the public and other Government Departments. I have no information as to the stock held otherwise than by the National Debt Commissioners.