HC Deb 10 February 1960 vol 617 c52W
67. Mr. Snow

asked the Minister of Transport if he will state the total sum paid to former stock holders in the railways of the United Kingdom, now nationalised, up to the latest convenient date since nationalisation, and the sum which was drawn by stock holders for the same railways for an equivalent period ending in the year 1939, for which individual valuations of securities were assessed under the Fourth Schedule of the Transport Act, 1947.

Mr. Hay

Interest paid in the years 1948 to 1958 on British Transport Stock issued in exchange for the securities of the former railway companies, now nationalised, totalled £308 million. Interest and dividends received by the railway stock holders in the years 1929 to 1939 was £389 million.

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