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Wednesday, 17 September 1919

Mr HUGHES - The answers to the honorable member's questions are as follow : - 1 and 2. The London Selling Agency is at present constituted of the following houses: - John Darling and Son, A. W. Walker and Co. (representing Jas. Bell and Co.), Dalgety and Co. Ltd., Louis Dreyfus and Co., Berry, Barclay, and Co. (representing the various co-operative companies handling wheat in Australia). The duties of the Agency are to place at the disposal of the Australian Wheat Board the selling organization of the various houses for the purpose of keeping in touch with the world's market conditions, prospects, and values ; to make wheat and flour sales overseas; to arrange terms of conversion of wheat' sales into flour sales; to prepare contracts of sale; to negotiate shipping documents; to prepare and render accounts, and collect payment; to attend to and to settle arbitration and other disputes ; to arrange for superintendence of outturn at ports of discharge, and prepare and settle claims in connexion therewith; to attend to law cases; to keep Australia advised of market developments.

3.   Yes. The present rate of commission is per cent., calculated on the f.o.b. value of sales. In respect of any sales negotiated by the Commonwealth Government direct, such remuneration is paid for necessary services as may be fixed by the Australian Wheat Board.

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