HC Deb 09 April 1957 vol 568 cc954-5
41. Mr. Braine

asked the Secretary to the Treasury how many requests for permission to issue capital have been received by the Capital Issues Committee for each year since 1945; how many of these applications have been granted; and what are the aggregate amounts of capital involved for each of the years in question.

Mr. Birch

I will, with permission, circulate the figures in the OFFICIAL REPORT.

Mr. Braine

I thank my right hon. Friend for that reply, but would he not agree that it would encourage much more informed discussion in monetary policy if these figures and a breakdown of them were issued at regular intervals, say once a year?

Mr. Birch

I will certainly consider that. I think that it is a reasonable suggestion.

Following are the figures:

1 2 3 4
Calendar Year Total Numbers of Applications Applications granted
No. £'000 No. £'000
1945 1,116 471,161 938 465,752
1946 1,047 410,358 946 390,446
1947 1,365 664,906 1,203 624,473
1948 1,107 553,020 991 525,608
1949 1,126 558,479 1,042 527,021
1950 977 584,078 857 508,109
1951 1,271 662,457 1,177 554,129
1952 1,159 656,623 1,087 622,278
1953 1,396 649,398 1,346 637,209
1954 2,181 1,103,958 2,115 1,087,820
1955 2,075 1,088,885 2,002 1,056,184
1956 4,340 1,054,510 3,772 964,749
The number of requests for permission to issue capital received by the Capital Issues Committee for each year since 1945 is shown in Column 1. The amounts of capital respectively involved are shown in Column 2. Columns 3 and 4 show the numbers of applications granted and the amounts of capital respectively involved.