§ 68. Mr. CURRIEasked the Comptroller of the Household, as representing the National Health Insurance Commissioners, what capital depreciation, in addition to the approximate sum of 3,000,000 sterling as at 31st December, 1915, has taken place since that date in the funds of approved societies invested in public stocks; and whether the whole of this depreciation will be made good out of the revenue of approved societies?
§ Mr. C. ROBERTS (Comptroller of the Household)The value of the securities at the current market price is approximately £25,500,000. As regards the second part of the question, any capital loss on realisation will be met out of the reserve referred to in my reply of 15th November.