HC Deb 21 November 1912 vol 44 cc492-3W
Mr. DUNDAS WHITE

asked the Secretary to the Treasury if he will state, in the chronological order of the issues, the amounts of Irish Land Stock which have been issued under the Irish Land Acts, showing as regards each issue the date, the usual designation, the rate of interest, the provisions as to redemption, the price of issue, the highest and lowest prices during the present year, and the total amount now outstanding; together with the aggregate amount of the totals now outstanding?

Mr. MASTERMAN

The particulars are as follows:—

GUARANTEED STOCKS ISSUED UNDER IRISH LAND ACTS 1903 AND 1909.
I. To Public and National Debt Commissioners.
Date of Issue. Amount. Price of Issue.
Designation—
Guaranteed 2¾% Stock. £ s. d. £ s. d.
1904—March 19 5,000,000 0 0 87
1905—January 3 6,000,000 0 0 89 8 8
1906—January 2 1,103,448 5 7 90⅝
1906—February 26 1,097,996 3 2 91 1 6*
1906—April 6 1,000,000 0 0 92 0 7*
1906—June 12 7,000,000 0 0 89
1907—July 2 2,000,000 0 0 84¾
1907—October 7 3,000,000 0 0 84 17 11*
1908—April 7 2,000,000 0 0 89 16 7*
1908—July 4 5,000,000 0 0 89½
1909—April 6 4,000,000 0 0 86 10 7*
1909—July 6 4,000,000 0 0 86 0 6*
1909—October 6 1,000,000 0 0 84 13 6*
1910—January 6 2,000,000 0 0 83 15 6*
1910—April 6 3,000,000 0 0 82 3 1*
1910—May 31 1,000,000 0 0 82 18 6*
48,201,414 8 9
Designation—
Guaranteed 3% Stock.
1910—July 2 4,000,000 0 0 92½
1911—April 5 2,000,000 0 0 91 11 11*
1911—October 5 2,500,000 0 0 83 16 10*
1912—January 5 2,000,000 0 0 85 4 4*
1912—April 6 1,500,000 0 0 84 19 2*
1912—July 5 1,500,000 0 0 81 9 4*
£13,500,000 0 0
*xd.

II. To Vendors (Totals to date).
£ s. d.
Guaranteed 2¾% Stock 6,568,752 4 10 at 92
Guaranteed 3% Stock 2,035,426 0 0 at Par.

Summary.
— Guaranteed 2¾ per cent. Stock. Guaranteed 3 per cent. Stock.
£ s. d. £ s. d.
Issued to Public and National Debt Commissioners 48,201,444 8 9 13,500,000 0 0
Issued to Vendors 6,568,752 4 10 2,035,420 0 0
54,770,196 13 7 15,535,426 0 0
DEDUCT—
Amount cancelled in respect of Redemptions 241,634 1 10 7,021 6 3
Total amounts now out standing 54,528,562 11 9 15,528,404 13 9

Aggregate amount outstanding £70,056,967 5 6

The provisions as to redemption are contained in Sections 27 to 44 of the Irish Land Act, 1903.

Guaranteed 2¾ per cent. Stock. Guaranteed 3 per cent. Stock.
HIGHEST prices during the present year 79¼ 86¼
LOWEST prices during the present year 73⅛ 7913/16