§ 39. Mr. KELLYasked the Secretary for Mines what stocks of tin were held by the tin trade during July, 1928, and each month to the end of October, respectively and the price movements during the same period.
§ The SECRETARY for MINES (Commodore Douglas King)As the reply includes a number of figures, I will, with the Hon. Member's permission, circulate it in the OFFICIAL REPORT.
§ Following is the reply:
§ The stocks of tin held in this country at the end of July, August, September and October, 1928, were as follows:
| End of: | Tons. | ||
| July, 1928 | … | … | 2,999 |
| August, 1928 | … | … | 2,846 |
| September, 1928 | … | … | 3,289 |
| October, 1928 | … | … | 4,754 |
§ The average selling prices per ton of the metal on the London Metal Exchange during those four months were:
| £ | s. | d. | |||
| July | … | … | 212 | 11 | 0 |
| August | … | … | 212 | 19 | 11 |
| September | … | … | 215 | 15 | 8 |
| October | … | … | 222 | 2 | 1 |
§ the highest quotation being £228 on 1st October, and the lowest £205 15s. on 3rd July.