Capital Issues

Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 4 Tachwedd 1947.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Major Donald Bruce Major Donald Bruce , Portsmouth North 12:00, 4 Tachwedd 1947

asked the Chancellor of the Exchequer (1) the number of, and aggregate sum involved in, offers for sale to the public effected within the scope of Stock Exchange Regulations since 27th March, 1947; and if he will give particular totals of the numbers and sums involved in respect of those covering the capital goods industries, consumer goods industries and services, excluding the entertainment industry, and the entertainment industry, respectively;

(2) the number and aggregate sum from 1st March, 1947, to date of capital issues approved under the Borrowing (Control and Guarantees) Act, 1946, and capital issues since 1st March, 1947, for which no such approval was required; and the particular totals in respect of each of the above categories for issues in respect of capital goods industries, consumer goods industries and services, excluding the entertainment industry, and the entertainment industry, respectively;

Photo of Mr Hugh Dalton Mr Hugh Dalton , Bishop Auckland

As both these answers contain a number of figures, I will circulate them in the OFFICIAL REPORT.

Photo of Major Donald Bruce Major Donald Bruce , Portsmouth North

Will my right hon. Friend say whether, on the figures to be published in the OFFICIAL REPORT, his measures of control over investments still remain adequate in the circumstances?

Following are the answers:

PUBLIC OFFERS FOR SALE OF EXISTING SECURITIES.
Treasury Consents given from 27th March, 1947–30th September, 1947.
No. of Cases.Aggregate sum involved.
£
Capital goods industries62,300,782
Consumer goods industries and services (excluding entertainment industry)134,681,083
Entertainment industry51,282,562
Miscellaneous83,776,125
Total32£12,040,552
CAPITAL ISSUES CONSENTED TO BY THE TREASURY DURING THE PERIOD 1ST MARCH, 1947–30TH SEPTEMBER, 1947, INCLUSIVE.
No. of Cases.Approximate Totals.
£
Capital goods industries9281,000,000
Consumer goods and services (excluding entertainment industry)5219,500,000
Entertainment industry162,500,000
Miscellaneous14225,000,000
Total302£128,000,000

1. Figures are, so far as possible, for issues involving new money.

2. The above figures are for domestic issues only, and also exclude issues by local authorities.

3. No figures are available for issues made under the £50,000 limit and other exemptions