NORTH ISLAND MUTTON TRADE
ALLEGED . CAPTURE BY SOUTH AMERICA. A London writer says that the position in the frozen meat trade is very unsatisfactory, and that grave fears are felt that innny ;--f the features of the disastrous MOO ypniVmy be repeated. "As to mutton,"'he says, "the fact that shippers in ,New Zealand were careless enough to let months go by without supplies in any volume being dispatched, enabled the* South American mutton to bo pushed forward, and to capture, a. good part of the demand that has been experienced in the past for North Island Xcv Zealand mutton." He gars on to show the increases in various kinds of meat, and then says: "Roughly these imports of frozen and chilled beef, mutton, and lamb are at the rate of over 1100,000 h:ns per annum, an enormous and unprecedented quantity. Taking shipments for the quarter from South America and Australasia the figures -are just as colossal as actual imports into Great Britain, The total of carcasses of mutton Riitl lamb dispatched is about !)■} million?. Very heavy increases are shown in mutton and lamb, as compared with 1010. both in shipments and imports. The additional quantities Bold at a reduced price may certainly return greater gross returns, than the smaller ones of former years at better Tates, but certainly the reduction in market value, both actually realised and likely to come, may be reckoned upon as a factor in the mil trade. "The stores are getting full of frozen mutton and lamb, and the accumulation of lambs is considerable. 1 lie forward trade has been seriously checked by this feature; it always is, for operators never care to speculate when they fee plenty of available goods on tho spot to be bought at ;\ cheap price. Jhe principal feature of the frozen meat market at the moment is the extreme dullness of North Island mutton and lamb. ■At times both of these articles are unsaleable. The dull trade in lambs is accounted for by the wintry weather experienced. No restaurant-keeper has ye. been bold enough to put lamb on his bill of fare."
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Bibliographic details
Dominion, Volume 4, Issue 1137, 26 May 1911, Page 8
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351NORTH ISLAND MUTTON TRADE Dominion, Volume 4, Issue 1137, 26 May 1911, Page 8
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