HC Deb 14 July 1936 vol 314 cc1860-1
34. Mr. LIDDALL

asked the President of the Board of Trade whether, when revising the Companies Act, he will, to protect the public, make it obligatory for stock exchanges to abolish the not officially quoted list, so that securities dealt with on stock exchanges after payment of all calls due shall appear only in an officially quoted list, and that the committee of the relative stock exchange shall then be officially responsible for the published quotations?

Mr. RUNCIMAN

I understand that in the case of both the London and the Glasgow stock exchanges both the official list and the supplementary list, which presumably my hon. Friend has in mind, are issued under the authority of the committees of the stock exchanges. No other provincial stock exchange, so far as I am aware, issues a supplementary list.

Mr. LIDDALL

Has the right hon. Gentleman brought the matter to the notice of the committee of the London Stock Exchange; and, if not, will he do so?

Mr. RUNCIMAN

I was asked for the information which I have given in the answer.