HC Deb 22 February 1921 vol 138 c790W
Mr. ALFRED DAVIES (Clitheroe)

asked the Minister of Transport whether he is aware that, in giving evidence before the Rates Advisory Committee on the 12th October last, Sir William Plender stated that the amount of each class of stock and shares of the railway companies and the separate market or Stock Exchange values at the mean of the highest and lowest prices during the three years to 31st December, 1913, of each such class of stock and shares amounted in the aggregate to £1,120,867,965 and £1,131,636,697, respectively; how these aggregate sums have been arrived at, giving the particulars as respects each company; whether he is aware of the discrepancy between Sir William Plender's statement of the net revenues of the railway companies for the years 1912 and 1913 and the statement of these revenues in the railway returns published by the Board of Trade in 1915; and whether he can explain this discrepancy?


I would refer the hon. Member to the replies given to questions asked by the hon. Members for Bedwelty (Mr. Charles Edwards) and Middlesbrough West (Mr. T. Thomson) on 23rd and 24th November last respectively, regarding the difference between Sir W. Plender's figures and those in Cmd. 8038. The railway returns for 1919 will be issued very shortly, and will show full details of the capital and dividends of each company in that year.

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