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Ministry's Trading Profits

Volume 463: debated on Thursday 31 March 1949

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asked the Minister of Food if he will enumerate all the items of food on which his Department make a profit; and indicate the total and the amount per pound or per tin.

The following table gives the information:

CommodityEstimated total profit in year to 31st March, 1949unitEstimated average United Profit
£'000d.
Canned fish2,466tin4·2
Canned fruit652tin3·4
Edible pulses317lb.1·0
Dried fruit400lb.0·3
Edible nuts544lb.2·9
Fresh fruit and fruit pulp.4,400lb.0·7
Fancy cheese150lb.2·0
Refined oils and fats (other than for domestic use).2,896lb.2·7
Rice350lb.0·02
Coffee466lb.1·1
Cocoa1,606lb.1·6
Canned meat (other than canned corned meat).1,585lb.4·4
Rabbits and hares256lb.1·0
Poultry86lb.0·6
It should be noted however that in some cases the profits were secured on stocks bought at prices materially lower than present cost, and do not therefore represent the current rates of profit.