Mr. Leeasked the Chancellor of the Exchequer how much in the way of securities is still to be disposed of by the Iron and Steel Holding and Realisation Agency compared with the cost of the original acquisition.
§ Mr. BarberOn 13th July, 1953, the Agency took over securities amounting to £252 million together with loans and obligations to lend of a further £112 million, making a total of £364 million. The corresponding figure at 30th September, 1959, was £213 million.