HC Deb 13 February 1951 vol 484 cc201-2
61. Mr. H. Hynd

asked the Chancellor of the Exchequer how many of the new issue of National Savings Certificates have been sold.

Mr. Gaitskell

During the period 1st to 6th February inclusive sales of the new issue of National Savings Certificates amounted to just under £8 million. This is the latest figure available.

Mr. Hynd

Will my right hon. Friend say how that compares with the sales during a comparable period of the previous type of certificate?

Mr. Gaitskell

The total savings for the corresponding six days of 1950 were £1,712,000.

Mr. J. Langford-Holt

Can the right hon. Gentleman tell the House whether there is any evidence that the old issue is being sold to purchase the new issue?

Mr. Gaitskell

I have no definite evidence on that at present.