§ Sir W. Smithersasked the Chancellor of the Exchequer the reason for the disparity of about £23,500,000 for 1942–43 and £8,500,000 for 1943–44 between the amount of encashment of Treasury deposit receipts, as given on 7th July, 1944, and the information for those years published in the monthly debt statements and given on 24th June, 1943; and which figures are correct.
§ Sir J. AndersonI am grateful to my hon. Friend for drawing attention to the disparity in the published figures of repayments of Treasury Deposit Receipts before maturity. The disparity of £23,500,000 in the year ended 30th June, 1942, is due to the fact that an incorrect figure of encashments of £33,500,000 was published in the monthly Debt statement for June, 1942; the correct figure is £10,000,000. The disparity in the figures for the year ended 30th June, 1944, is due to the following errors in the figures for that year which I gave to my hon. Friend in my reply of 7th July, 1944.
Figures given on 7th July, 1944. Corrected figures. £ millions £ millions 3% Savings Bonds 105 103 National War Bonds 248 244 Tax Reserve Certificates 281 279 Post Office Issues 14 14 Total 648 640