HC Deb 20 October 1909 vol 12 c288

asked the Chancellor of the Exchequer, if he will state the market price of Consols on Monday, 26th April, and on Monday, 11th October last, and the amount of the Sinking Fund invested in Consols during that period?

The CHANCELLOR of the EXCHEQUER (Mr. Lloyd-George)

The average price of Consols on 26th April was 85, and on the 11th instant 82 15–16ths. As has already been stated in answer to similar questions, it is not the practice to give details of the application of the Sinking Fund in anticipation of the Annual Return presented to this House.


Can the right hon. Gentleman give any reason for so rapid a fall in Consols in such a short time. And may I ask if it was for the purpose of increasing the market value of Consols that the rumour of his resignation was circulated?