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of the items used in the production of domestic sets have been exhausted and the remaining stocks are in most cases not suitable as substitutes. For this reason disposals by tender have not been as great as could be desired. The Board has continued to co-operate with the Comptroller of Customs, through the Department of Industries and Commerce, regarding the importation of radio and electrical components and materials. As surplus stocks have been reduced the Board is now able to withdraw its recommendations concerning the prohibition of licences for imports of a similar nature in respect of many items. The proceeds of sales of radio and electrical materials up to 31st March, 1948, was £1,650,096. 21. CONCLUSION The Board again wishes to express its thanks to all Government Departments for their continued co-operation, and also to all those gentleman who have given their time and services as members of the various Advisory Committees. H. E. Avery, General Manager.

Approximate Colt of Paper. —Preparation, not given; printing (628 copies), £26 10s.

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