§ Mr. G. R. Straussasked the Chancellor of the Exchequer the nominal value of the various categories of holdings still in the possession of the Iron and Steel Holding and Realisation Agency.
§ Mr. P. ThorneycroftThe following table shows the nominal value of securities held by the Iron and Steel Holding and Realisation Agency at 30th June, 1957:
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— DEBENTURE STOCK LOAN STOCK SHARE CAPITAL Preference Ordinary £ £ £ £ John Summers & Sons Ltd. 5½% Cum. Pref. Shares of £1 each — — 4,000,000 — 4½% Unsecured Loan Stock 1962/64 — 8,000,000 — — The Llanelly Steel Co. (1907) Ltd. 5 % Cum Pref. Shares of £ 1 each — — 103,713 — Ordinary Shares of £1 each — — — 351,646 The Millom & Askam Hematite Iron Co. Ltd. 7% Cum. & Participating Pref. Stock — — 390,889 — Ordinary Stock — — — 292,432 Normanby Iron Works Co. Ltd. Ordinary Shares of £1 each — — — 600,000 Raine & Co. Ltd. Ordinary Shares of £1 each — — — 57,500 Richard Thomas & Baldwins Ltd. 4% Redeemable 1st Mort. Deb Stock 1,765,479 — — — Ordinary Stock — — — 10,826,680 Skinningrove Iron Co. Ltd. 4½% Redeemable Pref. Shares of £1 each — — 300,000 — Ordinary Shares of £1 each — — — 600,000 The Staveley Iron & Chemical Co. Ltd. Ordinary Shares of £1 each — — — 8,000,000 The Steel Company of Wales Ltd. 5½% 1st Deb. Stock 1980/85 (50% paid) 40,000,000 — — — 5¾% 2nd Deb. Stock 1964/87 (Nil paid) 25,000,000 — — — Stewarts and Lloyds Ltd. 5½% Redeemable Cum. Pref. Shares of £1 each — — 5,000,000 — 5½ % Cum. Pref. Shares of £ 1 each — — 5,000,000 — 4½% Unsecured Loan Stock 1964 — 10,000,000 — — The United Steel Companies Ltd. 4½% Cum. Pref. Shares of £1 each — — 5,097,000 — 5¾% Redeemable Cum. Pref. Shares of £1 each — — 4,000,000 — 4¾ % Debenture Stock 1968/78 10,000,000 — — — Upper Forest & Worcester Steel & Tin Plate Works Ltd. Shares of £100 each — — — 100,000 The Whitehead Iron and Steel Co. Ltd. 4½ % Redeemable Deb. Stock 1970/85 1,170,000 — — — W. Wesson & Co. Ltd. 10% Cum. Pref. Shares of £1 each — — 11,000 — Ordinary Shares of £1 each — — — 64,060