HC Deb 15 March 1926 vol 193 c35
67. Sir F. SANDERSON

asked the President of the Board of Trade when any contracts for zinc concentrates purchased for War purposes, still running, will finally end; the losses sustained and differences paid under these contracts since the termination of the War; and the further losses estimated to he sustained?

Sir B. CHADWICK

The Government contract for the purchase of Australian zinc concentrates expires on 30th June, 1930. At 31st March, 1925, the date of the last completed accounts, the net loss was £1,700,000. The price paid under the contract varies according to the market price of spelter, and for this reason it is not possible to say what will he the total loss on the contract.