§ 52. Sir FRANK NELSONasked the Chancellor of the Exchequer the total amount of National Savings Certificates exchanged into Four and a-half per cent. Conversion Loan of 1940–44?
§ Mr. CHURCHILLThe value of the Savings Certificates, including accrued interest, exchanged up to 30th June last into Four and a-half per cent. Conversion Loan, is £720,602.
§ 53. Sir F. NELSONasked the Chancellor of the Exchequer the total amount outstanding of National Savings Certificates, including interest to date, as on 30th June, 1927?
§ Mr. CHURCHILLAbout £493,500,000.