WOOL AND MEAT.

Evening Post, Volume CXIII, Issue 86, 12 April 1927, Page 11

WOOL AND MEAT.

In reviewing the wool and meat teaivf- "V^' Mr" Robert L °san. of th. National Mortgage Company of New Zea•land observed that raw wool had certainly been selling with an upward teudeucy, especially among merinos andHhs liner grades of crossbreds, but so far the manufacturing ■'•md of the trade had not improved to anything like the tame extent. Attention had been directed to the possible menace to wool by the growing output of artificial silk, but the view was not generally held that artificial ailk was going to displace wool; still, it wag as well not to shut one's eyes to the fact that Wool had a lusty rival which wat bound to taore or less have some effect on nrices in the tutui-p, ■ ~

With regard to the frozen meat trade improvement at the beginning of the seal son was promised. Buying in >W Zealand was on.a lower scale than in the previous year, but the labour troubles had seriously restricted consumption The meat war between the great companie* interested in the Argentine did not a* vet flhown sign, of coming to a close. Added imi i . ? gre-itly increased output of chilled beef, which was sold oil t!ie market at very low: prices, came Into serious competition with New Zealand niuttoa and lamb. Prospects, however, for th« current season were not unJavourablt,