§ 59. Mr. BARNESasked the Minister of Agriculture if he will issue a. statement showing, for the years ended 31st March, 1926, 1927, 1928, 1929, and 1930, the amount paid under the British Sugar (Subsidy) Act, 1923, to each firm in receipt of the subsidy, stated separately, together with its net profits and the amounts put to reserve, and depreciation accounts for each of the specified years?
§ Dr. ADDISONI will circulate in the OFFICIAL REPORT statements showing the beet-sugar subsidy paid and the reserves provided and the depreciations written off by each of the companies. The balance sheets do not disclose the net profits for each year's working, and I am unable to furnish this information.
§ Following are the statements:
1757Statement 1. | |||||||||||||||
AMOUNT of Subsidy paid to Beet Sugar Companies during each year ended 31st March, 1926 to 1930, respectively. | |||||||||||||||
Company. | Year ended 31st March | ||||||||||||||
1926. | 1927. | 1928. | 1929. | 1930. | |||||||||||
£ | s. | d. | £ | s. | d. | £ | s. | d. | £ | s. | d. | £ | s. | d. | |
English Beet Sugar Corporation, Limited | 360,872 | 13 | 10 | 505,251 | 1 | 5 | 547,221 | 0 | 4 | 374,661 | 13 | 3 | 488,230 | 0 | 3 |
Home Grown Sugar, Limited | 103,537 | 0 | 0 | 270,127 | 11 | 4 | 188,715 | 10 | 4 | 70,334 | 7 | 1 | 139,596 | 17 | 2 |
Ely Beet Sugar Factory, Limited | 191,733 | 12 | 7 | 536,409 | 15 | 9 | 566,910 | 10 | 4 | 407,984 | 15 | 9 | 504,044 | 11 | 8 |
Ipswich Beet Sugar Factory, Limited | 60,979 | 11 | 2 | 402,133 | 3 | 10 | 326,499 | 10 | 10 | 175,048 | 19 | 2 | 265,601 | 11 | 0 |
King's Lynn Beet Sugar Factory, Limited | — | — | 120,499 | 6 | 11 | 175,624 | 4 | 11 | 294,701 | 17 | 2 | ||||
Anglo-Scottish Beet Sugar Corporation, Limited | 151,289 | 8 | 8 | 387,572 | 5 | 10 | 430,357 | 10 | 2 | 234,011 | 7 | 0 | 400,681 | 16 | 4 |
2nd Anglo-Scottish Beet Sugar Corporation, Limited | — | 279,209 | 7 | 6 | 502,827 | 11 | 11 | 174,345 | 2 | 6 | 293,378 | 0 | 5 | ||
West Midland Sugar Company, Limited | 63,163 | 15 | 2 | 149,373 | 6 | 1 | 250,998 | 0 | 9 | 147,818 | 17 | 4 | 186,247 | 1 | 2 |
United Sugar Company, Limited | 80,140 | 1 | 6 | 383,479 | 13 | 0 | 432,807 | 1 | 6 | 354,625 | 18 | 5 | 463,249 | 6 | 3 |
British Sugar Manufacturers, Limited | 50,268 | 10 | 3 | 110,376 | 13 | 11 | 194,739 | 1 | 10 | 133,456 | 13 | 3 | 171,263 | 2 | 6 |
Central Sugar Company, Limited | — | 183,957 | 6 | 4 | 212,691 | 19 | 6 | 174,308 | 13 | 2 | 252,569 | 15 | 11 | ||
Yorkshire Sugar Company, Limited | — | — | 123,722 | 4 | 2 | 102,112 | 9 | 2 | 183,014 | 16 | 9 | ||||
Shropshire Sugar Company, Limited | — | — | 139,495 | 15 | 7 | 146,212 | 19 | 6 | 227,986 | 7 | 9 | ||||
Lincolnshire Sugar Company, Limited | — | — | 224,178 | 13 | 2 | 106,850 | 17 | 9 | 204,351 | 15 | 3 | ||||
2nd Lincolnshire Sugar Company, Limited | — | — | — | 72,682 | 16 | 3 | 148,134 | 2 | 11 | ||||||
Sugar Beet and Crop Driers, Limited | — | — | — | 4,159 | 10 | 0 | 6,678 | 14 | 5 | ||||||
Orchard Sugar Company, Limited | 4,105 | 5 | 10 | 17,968 | 10 | 1 | 47,585 | 17 | 8 | — | — | ||||
Totals | £1,066,089 | 19 | 0 | £3,225,858 | 15 | 1 | £4,309,259 | 15 | 0 | £2,854,239 | 4 | 6 | £4,229,729 | 16 | 11 |
Statement 2. | |||||||||||||||
STATEMENT of the Reserves of Beet Sugar Companies as standing in the Balance Sheets as at 31st March, 1926 to 1930, respectively. | |||||||||||||||
Company. | Year ended 31st March | ||||||||||||||
1926. | 1927. | 1928. | 1929. | 1930. | |||||||||||
£ | s. | d. | £ | s. | d. | £ | s. | d. | £ | s. | d. | £ | s. | d. | |
English Beet Sugar Corporation, Limited | 143,719 | 15 | 4 | 299,787 | 1 | 11 | 406,832 | 14 | 0 | 410,640 | 0 | 7 | 460,958 | 5 | 2 |
Home Grown Sugar, Limited | 63,692 | 8 | 2 | 121,354 | 3 | 11 | 147,535 | 18 | 10 | 131,009 | 7 | 10 | 139,697 | 8 | 6 |
Ely Beet Sugar Factory, Limited | 6,065 | 17 | 6 | 96,489 | 16 | 2 | 142,701 | 8 | 10 | 201,684 | 9 | 7 | 271,924 | 16 | 6 |
Ipswich Beet Sugar Factory, Limited | 1,443 | 1 | 0 | 91,334 | 14 | 7 | 153,891 | 0 | 6 | 154,531 | 8 | 8 | 165,927 | 10 | 8 |
King's Lynn Beet Sugar Factory, Limited | — | — | 713 | 12 | 8 | 1,550 | 2 | 7 | 8,337 | 7 | 9 | ||||
Anglo-Scottish Beet Sugar Corporation, Limited | — | — | — | — | — | ||||||||||
West Midland Sugar Company, Limited | — | — | — | 35,000 | 0 | 0 | 35,000 | 0 | 0 | ||||||
Second Anglo-Scottish Beet Sugar Corporation, Limited | — | — | — | — | — | ||||||||||
United Sugar Company, Limited | — | — | 50,000 | 0 | 0 | 100,000 | 0 | 0 | 100,000 | 0 | 0 | ||||
British Sugar Manufacturers, Limited | — | — | — | — | — | ||||||||||
Central Sugar Company, Limited | — | — | — | — | 40,000 | 0 | 0 | ||||||||
Yorkshire Sugar Company, Limited | — | — | — | — | — | ||||||||||
Shropshire Beet Sugar Company, Limited | — | — | — | — | — | ||||||||||
Lincolnshire Sugar Company, Limited | — | — | 42,200 | 0 | 0 | 42,200 | 0 | 0 | 42,200 | 0 | 0 | ||||
Second Lincolnshire Sugar Company, Limited | — | — | — | — | — | ||||||||||
Orchard Sugar Company, Limited | — | 243 | 4 | 0 | — | — | — | ||||||||
Totals | £214,921 | 2 | 0 | £609,209 | 0 | 7 | £943,874 | 14 | 10 | £1,076,615 | 9 | 3 | £1,264,045 | 8 | 7 |
Statement 3. | |||||||||||||||
STATEMENT of the amounts written off in depreciation by Beet Sugar Companies in each of the years ended 31st March, 1926 to 1930, respectively. | |||||||||||||||
Company. | Year ended 31st March | ||||||||||||||
1926. | 1927. | 1928. | 1929. | 1930. | |||||||||||
£ | s. | d. | £ | s. | d. | £ | s. | d. | £ | s. | d. | £ | s. | d. | |
English Beet Sugar Corporation, Limited | 83,016 | 15 | 3 | 60,674 | 13 | 0 | 85,401 | 0 | 0 | 25,000 | 0 | 0 | 36,623 | 1 | 1 |
Home Grown Sugar, Limited | 23,359 | 0 | 0 | 23,379 | 0 | 0 | 24,444 | 0 | 0 | 25,518 | 0 | 0 | 25,567 | 0 | 0 |
Ely Beet Sugar Factory, Limited | 30,941 | 16 | 8 | 98,634 | 4 | 5 | 138,520 | 5 | 10 | 102,591 | 11 | 1 | 100,000 | 0 | 0 |
Ipswich Beet Sugar Factory, Limited | 3,968 | 11 | 6 | 96,112 | 9 | 9 | 52,368 | 17 | 6 | 20,000 | 0 | 0 | 35,000 | 0 | 0 |
King's Lynn Beet Sugar Factory, Limited | — | — | 37,292 | 17 | 9 | 20,000 | 0 | 0 | 42,000 | 0 | 0 | ||||
Anglo-Scottish Beet Sugar Corporation, Limited | — | 46,000 | 0 | 0 | 100,000 | 0 | 0 | 20,000 | 0 | 0 | 47,000 | 0 | 0 | ||
2nd Anglo-Scottish Beet Sugar Corporation, Limited | — | 17,500 | 0 | 0 | 122,500 | 0 | 0 | — | 35,000 | 0 | 0 | ||||
West Midland Sugar Company, Limited | — | 15,000 | 0 | 0 | 56,000 | 0 | 0 | 19,000 | 0 | 0 | 25,000 | 0 | 0 | ||
United Sugar Company, Limited | — | 44,300 | 0 | 0 | 30,000 | 0 | 0 | 30,000 | 0 | 0 | 67,850 | 17 | 6 | ||
British Sugar Manufacturers, Limited | 11,269 | 0 | 3 | 22,558 | 17 | 7 | — | 27,644 | 16 | 11 | 30,000 | 0 | 0 | ||
Central Sugar Company, Limited | — | 23,450 | 0 | 0 | 21,885 | 0 | 0 | 20,650 | 0 | 0 | 65,000 | 0 | 0 | ||
Yorkshire Sugar Company, Limited | — | — | 20,000 | 0 | 0 | 9,000 | 0 | 0 | 15,000 | 0 | 0 | ||||
Shropshire Beet Sugar Company, Limited | — | — | 10,000 | 0 | 0 | 15,000 | 0 | 0 | 65,000 | 0 | 0 | ||||
Lincolnshire Sugar Company, Limited | — | — | 25,000 | 0 | 0 | 11,000 | 0 | 0 | 16,200 | 0 | 0 | ||||
2nd Lincolnshire Sugar Company, Limited | — | — | — | — | 27,200 | 0 | 0 | ||||||||
Total | £152,555 | 3 | 8 | £447,609 | 4 | 9 | £723,412 | 1 | 1 | £345,404 | 8 | 0 | £632,440 | 18 | 7 |
§ 60. Sir HERBERT SAMUELasked the Minister of Agriculture which are the principal counties in which sugar-beet is produced; what was the total area in those counties under root-crops in the year prior to the commencement of the beet-sugar subsidy; and what was the area under sugar-beet and the area under other root-crops in the latest year for which information is available?
§ Dr. ADDISONNearly 70 per cent. of the sugar-beet acreage returned in June, 1930, was in Norfolk, Lincolnshire, Suffolk, Isle of Ely and Yorkshire. The total acreage under roots (excluding potatoes) in the-se counties in 1924 was 497,499 acres, of which 18,530 acres were devoted to sugar-beet. In June, 1930, the total acreage under sugar-beet in these counties was 239,575 acres, and the acreage under other roots (excluding potatoes) was 394,882 acres.
§ 61. Sir H. SAMUELasked the Minister of Agriculture what was the total quantity of sugar produced from British sugar beet in the latest year for which information is available; the average market price of the sugar; the total value of the crop; and the sum paid in subsidy from the Exchequer in that year?
§ Dr. ADDISONThe figures for the manufacturing campaign 1929–30, which is the latest period for which complete information is available, are:
Total production of sugar (cwts.) 5,841,489 Estimated average wholesale price per cwt. of sugar 20s. 8d. Total value of the beet crop £5,301,000 Total subsidy paid £4,233,776