HC Deb 22 July 1913 vol 55 c1853
52. Mr. HOARE

asked the Secretary to the Treasury what was the amount of the investments held by the Road Board first at cost price, and secondly at the market price of the last Stock Exchange settlement?

Mr. W. BENN

I understand that in addition to £819,937 short term bills the Road Board holds securities costing.£1,782,589, whose market value on the 11th instant was £1,780,131. These prices include accrued interest, and the difference in value is partly due to the different dates on which the stocks were purchased and valued respectively.

Mr. HOARE

Can the hon. Member say what is the depreciation, exclusive of interest?

Mr. BENN

No, Sir; I have not got that information.

Mr. HOARE

Will the hon. Member obtain that information for me?

Mr. BENN

Yes; if the hon. Member will put a question on the Paper.