HC Deb 16 December 1912 vol 45 c1104W
Mr. DUNDAS WHITE

asked the Secretary to the Treasury if he will state, in the chronological order of the issues, showing as regards each issue the date, the usual designation, the rate of interest, the price of issue, and the total of the amounts issued, of guaranteed Irish Land Stock issued under the Purchase of Land (Ireland) Act, 1891, apart from the issues under the Irish Land Acts of 1903 and 1909; what amount of that stock issued under the Act of 1891 has now been redeemed; what amount of it is still outstanding; how much is held on account of sinking fund; and how much is held by Government Departments and other public offices?

Mr. MASTERMAN

The advances under the Purchase of Land (Ireland) Act, 1891, were made in Two and Three-quarter per Cent. Guaranteed Land Stock (usually designated "Guaranteed Land Stock") at its face value. The amounts so issued in each financial year were:—

£
1891–2 1,200
1892–3 234,751
1893–4 714,534
1894–5 738,207
1895–6 547,839
1890–7 481,537
1897–8 876,915
1898–9 1,770,514
1899–1900 1,762,762
1900–1 1,987,917
1901–2 2,113,056
1902–3 1,574,696
1903–4 695,638
1904–5 99,618
1905–6 31,138
1906–7 5,051
1907–8 5,719
1908–9 538
1909–1 6,930
1910–11 55
1911–12 1,075
13,649,690
Of the above total £2,161.028 had been redeemed at 31st March, 1912 (the latest date for which the figures are published), leaving still outstanding £11.485,662. Of this last sum £588,351 was held on account of the Sinking Fund and £8,816,582 by Government Departments.