§ 51. Mr. Benceasked the Secretary to the Treasury the total amount paid to the Treasury on the preference shares and unsecured loan stock of Stewarts and Lloyds, the total amount distributed in profits on the equity shares, and the rate of interest on these shares, respectively, since denationalisation.
Mr. ErrolStewarts and Lloyds Limited ceased to be a subsidiary of the Iron and Steel Holdings and Realisation Agency in June, 1954.
Since that date and up to 27th September, 1958, the gross dividends on preference shares and gross interest on unsecured loan stock paid or payable to the Agency totalled £4,294,000. My right hon. Friend has no responsibility for the dividends on the equity.