MEAT TRADE.

Poverty Bay Herald, Volume L, Issue 16606, 9 December 1924, Page 12

MEAT TRADE.

PHENOMENAL INCREASE Of CONTINENTAL DEMAND.

(IVr Pi«ss Atuu>ciatiou.i AUCKLAND, last night. "A most important development in the meat trade has been the phenomenal increase in the Cbntinantal demand," declared Mr. David Jones, on his return from an investigation of the markets abroad on behalf of the X.Z. Meat Producers' Board, of which lie is chairman. Mr. .foiies considered that this development, would haw an important and highly favorable effect on the future of the beef export trade. Until recently it had not paid to export beef, bul, already, under the stimulus of Continental consumption, an improvement had taken .place. Discussing the primary markets in general. Mr. Jones was confident that New Zealand, could continue to compete successfully with the world in meal and dairy produce. The natural advantages of the Dominion's wonderful climate and pastures more lhanoll'tel th« handicap of distance from the world's markets. .The market for New Zealand meat was extending in Britain, due chiefly to the fact that more and more was selling in the provincial towns. The new freight contract arranged, for a period of three years would mean a saving of over £100.030 a year, as com pared with the rates ruling for the last season, and compared' with those operative before the Hoard was formed the. saving was £BOO,OOO annually. The benefit of having only one contracting party in bargaining with the shipping companies was thus very apparent. Mr Jones has returned much impressed with the need for supplying the British market with only the very highest quality. A number of especial matters in connection with the meat trade were investigated by Mt.j Jones, but these he is reserving for his report to the Board.