EMENT PRICES. Previous Reference: L.P.(42) 49th Meeting, Minute 1) 1. THE COMMITTEE had before them a memorandum by the Minister of Works (L.P.(45)39) asking approval for an immediate increase of 6/- per ton in cement prices. The memorandum explained that it was estimated that total sales of cement during 1945 would not amount to more than 31/2 million tons as compared to 41/2 million tons in 1944 and 7 million tons in 1943. The cost of fuel and wages had risen and on this basis it was estimated for the year 1945 that an addition to the price per ton of 3/on account of fuel and wages and 3/on account of increased overheads due to the fall in throughput would give the industry a profit of about 81/2% on its employed capital.