67. Lieut.-Colonel BUCKLEY
asked what is the total amount of American securities deposited with the Treasury; what was the total amount of American securities deposited with the Treasury which have been sold; and what is the net balance of American securities deposited with the Treasury now held by the British Government?
§ The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)
The dollar 1415 securities (including Canadian securities) now held under the Treasury deposit schemes amount to just over $500,000,000. Most of these securities are pledged as collateral for loans in America. In addition deposited securities to the value of $106,111,000 were purchased by the Treasury and most of these have been sold.