FROZEN MEAT TRADE

Otago Daily Times, Issue 15098, 22 March 1911, Page 7

FROZEN MEAT TRADE

MARKET IN SWITZERLAND.

CONSIGNMENT FROM NEW SOOTS WALES. .•:■••'

Press Association— B? Tokgraph-CopjrighVt "-—

SYDNEY, March'2l. f. (Received March 21, at 9.30 p.m.) The first parcel of frozen mutton sentfrom Australia to Switzerland is being ■ shipped by the steamer Essex. The Swiss authorities have given permission for the importation of the consignment, which, consists of 500 specially-selected carcases. "■ The. meat will be sent via London and Antwerp by the Colonial Meat' Export" Company. ■;

Mr Hughes (the managing director of • the company), in urging the importance '- ; of opening new markets, gays that a .■ •single market is easily oversupplied, mak- ■' ing it easy to manipulate prices below a ; . profitable slripping level. ■ : Referring to the present low prices in ■ London, it is suggested that they are pos- : sibly due to home distributors anticipate'... :• ing early and large supplies of Australian • ' meat as the result of the good season, : ' but it is more likely that the methods have bsen adop'ted by Americans, who have '• captured 70 per cent, of the Argentine ■ u 1 trade, their motto being: "First spoil the market at the consuming centre,-■ and then tho consumer and , the producer •y, will be at your mercy." ..