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Daily Telegraph (Napier), Issue 5605, 16 August 1889, Page 2

Evkbyone interested in tho frozen meat trade will be gratified at tho report of tho North British and Hawke's Buy Freezing Company, which wo published yesterday. It is tho tnoro gratifying from the fact that it exposes the ignorance of our London correspondent with regard to tho position of the trade, concerning whose letter we have hud .something to suy in au article that appears in our loadmg column. It is Mgnificant that his letter and the company's report bear tho some date, yet tho one informs us that the wholesale prioo of New Zealand n.eiit is from 2s 10d to 3s 2d per stone, and the other that it is from 3s Oil to 'Is per stone. It follows, therefore, that our correspondent was wholly in error. We do not suppose for a moment that ho desired to decoivo our roaders, but wo think it i is extremely probable ho was niieled

by persons in London whose interest it is to give false information to New Zealand settlers with respect to the trade. The wholesale price of meat being what it is reported to be by the company, it stands to reason that the retail prices as furnished by the Upper Norwood salesaian must be out of date. Our London correspondent was given one of these old price lists which he sent to us to prove that the butchers were not making the profits that wo had said they were A glance at the Company's report, and at the ptice lint, will show that the butcher cannot sell at the prices given if the wholesale price of mutton is from 3s 6d to 4s per stone. Thus the price list is out of date, and our London correspondent has had dust thrown in his eyes with the questionable object of sending misleading information to New Zealand. The N.B. and H.B. Freezing Company's interests are bound up with those of the settlers, and it can have no purpose to serve by trying to cheapen the price of sheep here by giving false news as to the state of the London market.