H—3o

MEAT—continued Meat Industry Stabilization Account : Transactions during the Year ended 31st July, 1946 Cr. £ Dr. • £ Balance as at 31st July, 1945 .. .. .. .. 2,913,671 Freezing costs subsidy (being additional costs other than wages Transfer from 1944-45 Purchase and Sale Account .. .. 1,608,737 increases), season 1945-46 .. .. .. .. 413,186 Transfer from 1945-46 Purchase and Sale Account .. .. 3,333,068 Freezing costs subsidy (being additional costs from wages Transfer from Tallow Account .. .. .. .. 333,280 increases)— Dehydrated meat (proceeds of increased prices of raw meat Season 1944-45 .. .. .. .. .. 392,616 supplied) .. .. .. .. .. .. 15,472 Season 1945-46 .. .. .. .. .. Freezing costs subsidy (being additional wages costs £ due to the forty-hour week, 2nd January, 1946, to 31st July, 1946) .. .. .. ..179,093 Less amount recouped from War Expenses Account 179,093 Subsidies on fertilizers and stock food .. .. .. 597,455 Subsidy on local market meat .. .. .. .. 400, 000 Schedule purchase-price increases from Ist October, 1944 £ Season 1944-45 .. .. .. .. 758,612 Season 1945-46 .. .. .. .. 1,916,781 2,675,393 Balance as at 31st July, 1946 .. .. .. .. 3,270,754 £8,204,228 £8,204,228 Note.—£20,000 was authorized for expenditure on " background " advertising in United Kingdom for the calendar year ended 31st December, 1946, but no part of this amount had come to charge at 31st July, 1946.

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