GOOD OUT OF EVIL.

Dominion, Volume 2, Issue 503, 10 May 1909, Page 8

GOOD OUT OF EVIL.

RIOTS. AND THE MEAT'TRADE. .Is it unfeeling to point out'that Now Zealand shippers of frozen.lamb and mutton may benefit from, the distressing strikes and riots at Buenos Ayres?. This is the port from which Argentina, ships most of her frozen moat, and as Argentina is tho country whoso'' output just riow chiefly influences the'selling prices of Now Zealand lamb and mutton in Jjondon, anything that may stop the flow of .Argentine supplies will tend to raise New Zealand, values. This is" no* a consideration to. make one hope for a prolongation of tho sulterings which arc always liable to accompany a strike in Argentina,'biit it. is of importance to those who .have to' estimato probable prices. Exactly to what extent-British prices mighVbo influenced would depend on the duration of; the "strike and of tho con-sequent-stoppage of shipments. Even if it wer© only sufficient to • enable tho heavy stocks, of meat now in London, cold stores tobe quitted, it might, create a' greater readiness on the part, of buyers to do business, ihe inevitable accumulation ,of stocks at Buenos, Ayres,..however, would not be lost sight of .by Engbsh buyers, and the improvement,-, if any, would perhaps not be very great. As. Argentina has a vigorous military style^of'terminating, strikes, the trouble mav be short lived. ; ' ■!.■■. ■ ■■■