GOOD PROSPECTS

Evening Star, Issue 21290, 20 December 1932, Page 1

GOOD PROSPECTS

FUTURE OF MEAT MARKET [Pea United Press Association.] CHRISTCHURCH, December 19. Discussing the prospective prices for meat this evening, Mr D. Jones, chairman. of the Meat Producers’ Board/ said there seemed to be a widespread opinion that there were still excessive supplies of imported mutton and-lamb in Britain.'that would seriously affect tins prit-A . Thi-.- V ■-> not so, 5 said Mr Jones, it was etiimatccHhafc on January 1 there would be about half the amount of mutton that was in Store a year ago and also less lamb. The small quantity of \ New Zealand lamb that was held over was second quality, which always suffered most from iong storage. •'’ . ..i “ The farmer should note this point in reading the present London market reports,” Mr Jones said. y The first, of the new season’s lambs, to arrive in London (from Gisborne were sold last week at BJd for under 361 b and iid over 361 b. There was only a small parcel of lambs on the Tainui fromHawke’s Bay ' arriving at London ont. December 22f. These had been sold at 7Jd for Downs and 7]d for cross-bred, e.i.f. I sold a substantial line of my own Jambs shipped by the Rapgitanejri to arrive at London oil January 26, at a price which will,- net me 5 3-8 d per lb delivered at the works, all weights, and there were more over 361 b than under. More than'two-thirds of .these were Down lambs. . Th© expectation of; the market in London'till February is, therefore, quite good.” . • .