HC Deb 11 December 1952 vol 509 cc100-1W
Mr. Beswick

asked the Secretary of State for the Colonies to give a list of all commodity price stabilisation funds now operating in colonial territories and the

WEST AFRICA. The Marketing Boards hold general reserve funds as under, part of which is available for price stabilisation:—
Board Date General Reserves Remarks
£
Gold Coast Cocoa Marketing Bord. 30th Sept., 1951 71,317,886 £51 million is specifically allocated for price stabilisation.
Gold Coast Produce Marketing Board (various produce). 31st Dec., 1951 334,226
Nigeria Cocoa Marketing Board 30th Sept.1951 33,001,420 70 per cent. of these reserves are held available for price stabilisation, without prejudice to the actual size of stabilisation reserves which may prove necessary.
Nigeria Groundnut Marketing Board. 31st Oct., 1951 12,366,833
Nigeria Oil Palm Marketing Board. 31st Dec., 1951 21,638,740
Nigeria Cotton Marketing Board 31st Oct.. 1951 3,243,909
Gambia Oilseeds Marketing 30th Sept., 1951 2,484,097
Sierra Leone Produce Marketing Board (various produce). 31st Dec., 1951 4,605,982 Separate stabilisation funds are maintained for each commodity.
Fuller details of these funds are available in the Board's annual reports.
UGANDA. The Cotton Price Assistance Fund, operated by the Lint Marketing Board now stands at its statutory limit of £20 million.
MAURITIUS, FIJI, BRITISH GUIANA, JAMAICA, TRINIDAD, ST. LUCIA, ST. VINCENT, ANTIGUA, BARBADOS. These territories maintain sugar Price Stabilisation Funds which collectively totalled over £5 million at the end of 1951.
There are also a number of smaller stabilisation funds and other reserve funds available for stabilisation in other territories. Details of these are being obtained and will be sent to the hon. Member