§ Mr. Remnantasked the Secretary to the Treasury the ratio of new issues of debenture stock to preference shares or stock, excluding participating preference for the years 1952 to 1955 and 1936 to 1939.
§ Mr. PowellNo figures are available in official records, but figures published in the Midland Bank Review in February, 1956, show that the ratio of new issues by companies (other than railway, gas and water undertakings) of loan stock to preference capital (including participating preference capital) in 1952 to 1955 was 4.3 to 1, and in 1933 to 1938 was 1.7 to 1. No figures are available which exclude participating preference capital, or for the years 1936 to 1939.