§ Mr. ALLEN PARKINSONasked the Chancellor of the Exchequer the income derived from the Government investments in registered companies for the years 1920–21; and what is the present capital value of the shares, showing each company separately?
Mr. YOUNGThe following are the particulars: 1531W
1532W 1533W
Department. Name of Company. Particulars of Investment. Interest or Dividend (Gross) received in Present Market Value. Notes. 1920. 1921. £ s. d. £ s. d. £ s. d. Board of Trade British Dyestuffs Corporation, Ltd. 850,000 £1 Preferred Ordinary Shares. 39,709 2 4 93,316 2 1 398,437 0 0 — 850,001 £1 Preference Share Turkish Petroleum Co. 40,000 £1 Ordinary Shares — — Not quoted. — British American Nickel Corporation (of Canada. $3,000,000 "A" Income Bonds. — — — Company recently reconstructed. $3,000,000 Common Stock Munster Flax Development Co., Ltd. £22,000 "B" Debenture Stock. — 224 17 6 Not quoted. — £11,000 "C" Debenture Stock (not interest bearing). Chepatow Water Co., Ltd. 330 £1 Ordinary Shares 26 8 0 26 8 0 Not quoted. — Monmouth Shipbuilding Co., Ltd. £490,000 6% Mortgage — 44,100 0 0 — Interest from 3rd March, 1920, to 30th Sept., 1921. See Note. Treasury Suez Canal Co. 161,217 Actions de Capital 809,686 16 10 965,488 8 0 19,51[...],195 10 0 15,685 Action de Jouissance Cunard Steamship Co., Ltd. £780,000 Debenture Stock 29,954 8 11 26,378 14 11 Not quoted. — One £20 Ordinary Share
Department. Name of Company. Particulars of Investment. Interest or Dividend (Gross) received in Present Market Value. Notes. 1920. 1921. £ s. d. £ s. d. £ s. d. Treasury—contd. Anglo-Persian Oil Co., Ltd. 4,000,000 £1 Ordinary Shares fully paid. 295,744 5 8 427,776 0 6 Ordinary Shares unquoted. Preference Shares and Debentures, £163,322 10s. — 1,000,000 £1 Ordinary Shares 1s. paid. 1,000 £1 Preference Shares £199,000 Debenture Stock Ministry of Agriculture and Fisheries. Home Grown Sugar, Ltd. £250,000 Ordinary Shares — — Not quoted The interest on mortgage did not fall due until 1922. £125,000 Second Mortgage — — — Flax Cultivation, Ltd. £331,000 First Mortgage — — — Interest in arrear. Wessex Flax Factories, Ltd. £37,000 First Mortgage (of which £2,000 has been repaid). — 162 0 4 — Interest includes £20 2s. on account of delay in payment of principal. Disposal and Liquidation Commission. British Cellulose and Chemical Manufacturing Co., Ltd. 1,450,000 7½% Cumulative Participating Prefers Shares. — — £271,875 — Hoffman Manufacturing Co., Ltd. 89,556 7% Cumulative £1 Preference Shares. 6,268 18 5 6,268 18 5 Not quoted. No dividends have een paid on the Ordinary Shares, the profits of the Company having been used as working capital. 155,889 £1 Ordinary Shares Foreign Office Commercial Bank of Siberia. 45,263 Ordinary Shares — — Not quoted. — NOTE.—In addition the Board of Trade hold 300,000 £1 Ordinary Shares fully paid and £300,000 5s. paid in the Standard Shipbuilding and Engineering Co., Ltd., and the subsidiary companies. These shares are of nominal value only as the entire assets and liabilities of the Companies are vested in the Board of Trade, and the greater part of the physical assets has been included in the sale to the Monmouth Shipbuilding Co., Ltd, The shares therefore do not produce any income.