§ Sir F. WISEasked the Chancellor of the Exchequer what is the total debt issued under the 3½ per cent. Conversion Loan; and what is the total amount received in cash?
§ Mr. CHURCHILL3½ per cent. Conversion Stock has been created to a total nominal amount of £823,117,478. Of this total, £129,660,000 stock has been sold, and the. cash proceeds will amount, when the last issue has been fully paid up, to £99,903,220. The balance, viz., £693,457,478 stock, has been issued in exchange for other forms of debt.