HC Deb 14 May 1936 vol 312 c580W
Mr. THORNE

asked the Chancellor of the Exchequer who are the present Government directors of the Suez Canal Company; and whether he is in a position to state the amount of interest paid on the 176,602 Suez Canal shares for the years ended 1934–35 and 1935–36, and the present market value of the shares?

Mr. CHAMBERLAIN

The present British Government directors of the Suez Canal Company are:—

  • Sir Ian. Malcolm, K.C.M.G.
  • The Right Hon. the Earl of Cromer, G.C.B., G.C.I.E., G.C.V.O., and
  • Sir John Davies, K.C.B., C.V.O.
The amounts received by way of dividend and statutory interest on the shares held by His Majesty's Government amounted to £2,394,828 in the financial year 1934–35 and £2,449,073 in, the financial year 1935–36. The market value of the shares as at 31st March, 1936 is £88,345,135.