§ 63. Mr. Asshetonasked the Chancellor of the Exchequer what is the present market value and the original cost of the £80,877,223 2½ per cent. Treasury Stock, 1975 or after, held by the Unemployment Fund Investment Account; and whether he will now give an assurance that no stocks without a definite date of redemption will be bought for this fund.
§ Mr. Glenvil HallA statement of the original cost and market value of this Stock will appear as usual in the Statutory Accounts of the Unemployment Fund for the period to 4th July, 1948, which will be presented to Parliament in due course. In the second part of the Question, I assume that the right hon. Gentleman is referring to the National Insurance (Reserve) Fund to which this Stock was transferred on the 5th July last under the National Insurance Act. 1946. The answer to this is "No."