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Cement During the year it became quite clear that local production of cement would be insufficient to satisfy the unprecedented current and accumulated demand. Special arrangements were made to meet this situation by importation, and for 1950 it has been decided to import approximately 100,000 tons. The capital for a non-profit-making concern was subscribed by the three local cement-manufacturers and this new company is the sole importer of cement. The imported cement lands at a figure in excess of £lO, and so that the local and imported product could be sold at the same price in the same locality a pool has been established and a surcharge imposed on the local product. The existing manufacturers have plans in advanced stages for the expansion of output and, in addition, a new concern proposes establishing a works near Westport.

Approximate Cost of Paper.—Preparation, not given; printing (1,716 copies), £132.

By Authority: E. E. Owen, Government Printer, Wellington. —1950.

Price Is. 3c?.]

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