§ 80. Mr. T. Reidasked the President of the Board of Trade what jute stocks he had in hand when price controls were removed in India; and how long these stocks are likely to suffice for this country.
§ Mr. BelcherOn 1st October, 1946, stocks of raw jute in the United Kingdom amounted to 79,396 tons. This is equivalent to 10 months' consumption at the present rate. In addition, there were some 17,000 tons afloat, or bought but not yet shipped. On the same day stocks 67W of Indian-made jute goods in the United Kingdom, amounted to 49,103 tons of all types, equal to an average of 6¼ months' consumption at present levels. In addition, there were some 43,000 tons afloat, or purchased for future shipment from India.