A MEAT DEAL.

Lyttelton Times, Volume CXVIII, Issue 18334, 17 February 1920, Page 5

A MEAT DEAL.

PATAGONIAN PURCHASE. By Telegraph—Press Association—Copyright United Servioe. lONDON, February 14. While the Board of Trade refuses details of the Patagonian meat purchase, importers engaged in the dominions' trade assort it means that 1,250,000 carcases of mutton will be added to the already congested stocks. The "Globe" says that the traders believe that the Government's fresh purchase is intended to yield a profit sufficient to balance the losses incurred lon the earlier meat contracts. Though the market is glutted prices continue absurdly high. The trade intends to again urge Mr Lloyd George to sanction decontrol, MR MASSET'S VIEW. fFttOM OUB OOBRKBFQNDENT.] WELLINGTON, February 16. "Yes, it is ah interesting commentary on the alleged glut of meat in England," remarked Mr Massey, when asked if he could explain the British purchase of the Patagonian meat output. He added that the output from that country is small compared with that of New Zealand, and is chiefly beef. No doubt > there was an extra supply o£ meat in England just now, the reason being that, owing to the bad season there was insufficient winter food for cattle, therefore they had to be sent to the market. Though Britain had kept up its flocks and herds wonderfully during the war, there was a serious shortage on the Continent, and ho would not be surprised if the Patagonian' meat vent to feed the populations there.