FREIGHT PERCENTAGES

Evening Post, Volume CIV, Issue 91, 14 October 1922, Page 9

FREIGHT PERCENTAGES

NEW ZEALAND AND THE

ARGENTINE.

(from cur own correspondent.)

LONDON, 25th August.

Mr. J. S. Jessep is still very much engaged in London, having frequent conferences with the shipping companies on the vexed question of freight charges for meat as well as for general cargo. He has been stressing very specially the percentage increase in the case of New Zealand, as against the percentage increase made with South America. Taking the 1914 meat figures as the basis, Mr. Jessep finds that in the case of the Argentine the percentage increase is 75, whereas in the case of New Zealand it is over 150. ;

The percentage ratio of increase in the case of wool, tallow, pelts, and preserved meat has been very much greater. Ho has discussed with many of the leading London woolbrokers the relative landed cost per pound of South American and New Zealand wool, and he finds at the moment that there is very little increase on wool from the former country 'as compared with the rates they were paying in 1914: So far as wool is concerned this is brought about by the fact that there is more shipping competition from South America, whereas all the main lines trading from Now Zealand work more or less together.

Mr. Jessep is hoping soon to start out on a tour of the leading ports of the Kingdom to find out tae local conditions and the prospects of direct consignment of produce. ; «