§ 30. Mr. PETHICK-LAWRENCE
asked the Chancellor of the Exchequer what have been the total applications for the recent 41 per cent. Government Loan; how much of these represent conversions from the 5 per cent. National War Bonds, 4 per cent. National War Bonds, and 41 per cent. Treasury Bonds, respectively; and how much cash subscriptions?
§ 31. Colonel Sir ARTHUR HOLBROOK
asked the Chancellor of the Exchequer if he can state the total of the new Treasury Bonds applied for by cash, the total created as a result of the conversion made in respect of short-dated debt falling due on 1st February, 1929, and the amounts of each of the classes of such short-dated debt so converted?
§ Mr. CHURCHILL
The total applications for the new bonds amounted to £149,666,000. Of this total, £46,150,000 represents cash applications, and the remaining £103,516,000 represents the amount of bonds set up on conversion. Of this figure of £103,516,000, £53,727,000 represents the conversion of 5 per cent. National War Bonds to the amount of £50,567,000, £2,360,000 represents the conversion of 4 per cent. National War Bonds to the amount of £2,331,000, and £47,429,000 represents the conversion of 41 per cent. Treasury Bonds to the amount of £46,843,000. The figures given are only approximate throughout, final figures not being available.