HC Deb 05 December 1922 vol 159 c1574W
Mr. F. THOMSON

asked the Chancellor of the Exchequer whether the application to the London Stock Exchange Committee for an official quotation for the 8,100,000 ordinary shares issued by the Anglo-Persian Oil Company was made at the request of His Majesty's Government; and, if so, does this mean that it is the intention of the Government to dispose of their shares on the open market?

Mr. BALDWIN

The reply to both of these questions is in the negative. It is understood that the inclusion of the Government shares in the application was due to a ruling of the Stock Exchange Committee who refused an application for a quotation for the 600,000 shares issued to the public early in the year unless all the shares issued by the company were included in the application.