§ Mr. BOWERMANasked the President of the Board of Trade the total amount of new capital raised by the railway companies since the year 1918?
§ Colonel ASHLEYThe net figures of capital expenditure and receipts of the railway companies of Great Britain for the years 1919 and 1922 were as. follows:
Capital Expenditure. Capital Receipts. £ £ 1919 … … 1,914,210 284,643 1920 … … 5,218,719 428,541 1921 … … 5,106,690 97,754 1922 … … 3,575,405 4,883,012