§ 70. Mr. Osborneasked the President of the Board of Trade what were the approximate prices in 1938 and 1950, and
Commodity and terms of sale (a) Unit of Sale Average Price Latest Available Price (b) 1938 1950 WOOL: world auction prices, converted to a clean basis, delivered London— Merino, 64's d. per lb. 21.3 162.4 116.0 Crossbred, 50's d. per lb. 13.8 89.7 57.0 COTTON: American middling, 15/16 staple, Raw Cotton Commission issue price (c) d. per lb. 5.3 35.8 41.0 RUBBER: ribbed smoked sheet, London, one month future d. per lb. 7.2 33.7 32.1 LEAD: soft foreign pig, delivered consumers' works £ per ton 15.3 106.4 163.0 COPPER: high conductivity electrolytic, delivered consumers' works £ per ton 45.4 178.8 231.0 ZINC: good ordinary brand, delivered consumers' works £ per ton 15.3 119.2 190.0 STEEL: billets for re-rolling, soft basic tested and guaranteed, delivered consumers' works £ per ton 8.4 17.1 25.7 SULPHUR (d) £ per ton 4.4 10.0 15.7 (a) The terms of sale apply to the 1950 and 1952 prices in all cases; for 1938 the prices given are those most nearly comparable. (b) For week ending April 26th, 1952, except for sulphur, for which the average price for March is given. (c) Prices for Egyptian cotton are omitted since the predominant types grown and sold have changed considerably since 1938. (d) Average values of imports, c.i.f.