§ Mr. Adam Hunterasked the Secretary of State for Scotland how much compensation is to be paid to the Scottish electricity boards in respect of financial losses incurred by them in 1973–74.
§ Mr. William RossI have advised the boards that I shall be laying before this House a draft order under Section 2 of the Statutory Corporations (Financial Provisions) Act 1974 specifying the following amounts for payment to the boards in respect of the financial year
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Commodity Description Price at beginning of May 1974 Copper … Wirebars, London Metal Exchange settlement price … £1,350 tonne Lead … London Metal Exchange settlement price … £300 tonne Zinc … European producers' price … £330 tonne Tin … London Metal Exchange settlement price … £4,000 tonne Aluminium … Ingots, Canadian producers' price … £316.5 tonne Nickel … Refined, Canadian producers' price … £1,581 tonne Raw wool … Merion 64's … 225p kilo Raw cotton … 1 1/16 inch … 64.2p kilo Raw jute … White 'C' grade … £160 ton Natural Rubber … No. 1 R.S.S … 38.7p kilo Beef … Eire hindquarters … 36.0p lb. Lamb … New Zealand (including duty) … 27.0p lb. Bacon … Danish Al … £650 ton Wheat … U.S. Dark Northern Springs. … £83.0 ton Maize … No. 3 American Yellow … £60.5 ton Coffee … Ugandan Robustas Type 2 3 months futures … £602 tonne Cocoa … Accra/Lagos 3 months futures … £898 tonne Tea … Average price at London tea sales … 61.2p kilo Palm Oil … Malaysian nearest futures … £245 ton Soya Beans … U.S. No. 2 nearest futures … £101 tonne 1973–74: North of Scotland Hydro-Electric Board—£2,724,658; South of Scotland Electricity Board—£10,075,082.