THE FROZEN MEAT TRADE.
[by telegraph.—peess association.] Dunedin, Friday. The New Zealand Refrigerating Company carried a resolution to-day to increase the capital of the company by the issue of 4000 shares at £5 each. Tlio company contemplate the extension of the present works near Dunedin and erecting a branch establishment at Oamaru. The National Mortgage Agency Company have received returns of their client*' sheep shipped per b.b. Fenstaunton on her first voyage, which show a result per head on 1402 sheep of 3d per lb. at Port Chalmers, after paying for the cost of freezing, freight to London, and all shipping expenses and commission, and about another 1(1 per lb. for the skins and rough fat was realised. This gives a very excellent price for the sheep compared with the present value in the local market.
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Bibliographic details
New Zealand Herald, Volume XX, Issue 6811, 15 September 1883, Page 5
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136THE FROZEN MEAT TRADE. New Zealand Herald, Volume XX, Issue 6811, 15 September 1883, Page 5
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