THE SITUATION AT AUCKLAND

Hawera & Normanby Star, Volume LXIX, Issue LXIX, 18 March 1915, Page 5

THE SITUATION AT AUCKLAND

BY TELEGRAPH—PRESS ASSOCIATION. AUCKLAND, March 17. Such is the stagnation of the frozen meat trade that the big freezing works at Southdown have been closed down for the whole of this week. The steamer Rotorua is about to' load 10,000 carcases for London, but this is only equivalent to three days' output from Southdown. In a day or two the Karamea is to arrive and load 12,000 carcases, and the Pakeha is due on April sth to take 18,000 carcases. As a. result of this inadequate supply of 6hips, the works of the Auckland' Farmers' Freezing Company will only operate for about thirty days in,two months. An interesting development has occurred in connection with the arrangements for facilitating the payment of farmers who desire to sell stock in Auckland district. It is that a circular is being • issued, by the Freezing Company, offering to finance individual farmers between the time of delivery of stock to the works and the issuing of cheques by the "British Board of Trade meat supply branch. The company, has realised, the serious consequences which would probably result to small holders of stock if they had to wait, say, 6ix or night weeks for payment. The Auckland Freezing Company, unlike some of the companies in the South Island, does not make "a practice of buying the stock which passes through its works. Hence the need for special arrangements in the present case. ■, '