§ 65. Sir J. Mellorasked the Minister of Health what sum belonging to the Hospital Endowments Fund was invested in undated Government stock and when; and what was the value of the said stock on 24th March, 1950.
§ Mr. BlenkinsopNo sums belonging to the Hospital Endowments Fund have been invested in undated Government stock since the Fund was constituted; the second part of the Question, therefore, does not arise.
§ 66. Sir J. Mellorasked the Minister of Health what unquoted securities, or securities unmarketable in the United Kingdom, vested in him as assets of the Hospital Endowments Fund, when, and to whom, and at what prices were they sold; and what was the net total sum realised.
§ Mr. BlenkinsopThe nominal value of unquoted securities which originally vested in the Fund amounted to £111,560, exclusive of eight items held in foreign currencies. Stocks of a normal value of £14,213 and $1,200 fell due for a redemption or were sold during March, 1950, and realised a net sum of £14,808. Sales were made by the Government broker. In addition, some 30 foreign securities that may prove to be quite unmarketable await disposal.