HC Deb 19 June 1924 vol 174 c2353W
Sir J. MARRIOTT

asked the Chancellor of the Exchequer what is the estimated present value in sterling of the shares held by this country in the Suez Canal; what was the dividend in. sterling for the year ending 31st March, 1924, or latest appropriate period and what return that dividend represents an the original purchase money?

Mr. SNOWDEN

The estimated value of the shares in sterling on 10th June last is £28,672,951. The sterling value of the interest and dividends received in the year ended 31st March, 1924, is £878,202 11s. 7d., representing a return of about 21½ per cent. on the original purchase price of the shares.