AMERICAN MEAT PACKERS

Otago Daily Times, Issue 18075, 25 October 1920, Page 5

AMERICAN MEAT PACKERS

PROFITEERING IN N.Z. LAMB. AMERICANS INDICTED. Prees Association—By Telegraph—Copyright. NEW YORK, October 22. The Federal grand jury indicted tho Armour Company, packers, also the firm's officers, on 137 counts charging profiteering on sales of New Zealand lamb. Tho indictments aro based on information secured in investigations carried cm in New Zealand. The company is charged with selling lamb at prices ranging from 23 to 35 cents per lb, when the cost was only cents per lb, including dressing shipping, and overhead charges. Tlie investigators accounted for 3,600,0001b of lamb sold between May 1 and June 16 leaving unaccounted for 5,061,0001b. It is alleged that some New Zealand lamb was sold as fresh domestic lamb at prices above 35 cents. The Armour Company in a statement says that it is unable to understand the indictments. "We made some money oat of New Zealand lamb sales, but not enough to offset the losses coming out of domestic lamb sales. The net result of tho New Zealand lamb business was to give customers meat for less money than they would otherwise have to oav " —A. and N.Z. Cable. J "