§ 58 and 60. Major Bruceasked the Chancellor of the Exchequer (1) the number of, and aggregate sum involved in, offers for sale to the public effected within the scope of Stock Exchange Regulations since 27th March, 1947; and if he will give particular totals of the numbers and sums involved in respect of those covering the capital goods industries, consumer goods industries and services, excluding the entertainment industry, and the entertainment industry, respectively;
(2) the number and aggregate sum from 1st March, 1947, to date of capital issues approved under the Borrowing (Control and Guarantees) Act, 1946, and capital issues since 1st March, 1947, for which no such approval was required; and the particular totals in respect of each of the above categories for issues in respect of capital goods industries, consumer goods industries and services, excluding the entertainment industry, and the entertainment industry, respectively;
§ Mr. DaltonAs both these answers contain a number of figures, I will circulate them in the OFFICIAL REPORT.
§ Major BruceWill my right hon. Friend say whether, on the figures to be published in the OFFICIAL REPORT, his measures of control over investments still remain adequate in the circumstances?
§ Mr. DaltonYes, I think so.
§ Following are the answers:
PUBLIC OFFERS FOR SALE OF EXISTING SECURITIES. | ||
Treasury Consents given from 27th March, 1947–30th September, 1947. | ||
— | No. of Cases. | Aggregate sum involved. |
£ | ||
Capital goods industries | 6 | 2,300,782 |
Consumer goods industries and services (excluding entertainment industry) | 13 | 4,681,083 |
Entertainment industry | 5 | 1,282,562 |
Miscellaneous | 8 | 3,776,125 |
Total | 32 | £12,040,552 |
CAPITAL ISSUES CONSENTED TO BY THE TREASURY DURING THE PERIOD 1ST MARCH, 1947–30TH SEPTEMBER, 1947, INCLUSIVE. | ||
No. of Cases. | Approximate Totals. | |
£ | ||
Capital goods industries | 92 | 81,000,000 |
Consumer goods and services (excluding entertainment industry) | 52 | 19,500,000 |
Entertainment industry | 16 | 2,500,000 |
Miscellaneous | 142 | 25,000,000 |
Total | 302 | £128,000,000 |
§ 1. Figures are, so far as possible, for issues involving new money.
§ 2. The above figures are for domestic issues only, and also exclude issues by local authorities.
§ 3. No figures are available for issues made under the £50,000 limit and other exemptions