Battery Price Policy Defended
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IT is suggested by certain propa gandists that co-operation between manufacturers constitutes a monopoly. That is not the case in the battery industry," said Mr. H. B. Schofield, director of Chloride Batteries, Ltd., at the Exide service convention at Scarborough last week, Associations in the battery industry provided a most valuable protection against a return to the chaos in the industry in the early 1930s. Mr. Schofield described the company's efforts to hold down Exide prices in the face of rising costs. No price change had taken place since 1953, when the prices of starter batteries were reduced. The average price of lead was then about £88 per ton, rising to
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£96 last year and £103104 this year. Wages and transport and fuel costs had also risen. Nevertheless, Chloride Batteries did not consider it right to increase the prices of their products correspondingly.