§ LORD HALEasked her majesty' Government:
What was the value of the outstanding issue of £1,909, 350,979 3½ per cent. War Loan 1952 andafter, expressed in current middle stock exchange quotations adjusted in terms of the current
18th June, 20th March, 18th September, 1970 1972 1972 Middle Market price of 3½ per cent. War Loan (£ per cent.) 36.50 42 37 Market value of £1,909,350,979 3½ percent. War Loan at above price (to nearest £million) 697 802 706 Middle Market price adjusted for purchasing value of £, taking 100p to be value in 1932 (£ percent.) 8.25 8.44 7.14 Adjusted market value (to nearest £ million) 158 161 136 House adjourned at thirteen minutes past seven o'clock.
702WApurchasing power of the pound sterling, as compared with the value of the purchasing power of the pound sterlingon the issue date of 1st December, 1932, on 18th June, 1970, 20th March, 1972, and on the most recent convenient datefor computation.