HC Deb 03 December 1946 vol 431 c36W
77. Mr. Marples

asked the President of the Board of Trade the present value of the cotton stocks held by the Government as compared with the purchase price.

Mr. Marquand

The purchase price of the Cotton Control's stocks at the end of October was about £61 million, excluding holding charges in this country. It is estimated that the present replacement cost would be between £80 million and £90 million.

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