MEAT EXPORT TRADE.

Poverty Bay Herald, Volume L, Issue 16618, 23 December 1924, Page 5

MEAT EXPORT TRADE.

- —n .1) KM AND FROM KTBOPr

A review of the meal: industry «■! Home and abroad was given by the chairman di the Hear Meat Company, Mr W. H. Milward. *vti the annual meeting of shareholders ob Wellington, l-a-'t scascn opened with the keenest competition I'rcm all sources, and high prices were paid for sheep and lambs, said the chairman. After the early shipments it was found difficult' to do biiskiess on ■c.i.f, terms a.t remunerative rates, and from January onwards values fed eonftlerably, and. forward Ivusiness was G\\\l of the question. Lower prices, however, iisnlti<t in increased competition, stocks 1 rvanie lessened, and as a result satisfactory prices later evenl naled. Tlie loropanv's rli'oii" liiiamial pos'llion enabled LI. to hold a great pari of its eon Kitfiuwnts over I lie rnfavcrahlo period, and th'cvooy (■') obtain full of ilri iainnv.'inn situation. "Conditions on the Continent _ r ■'■' 'Knro-po have reeeniliy I crm more sla.l:le." lie continued, "nod a:- n f-ons-eqiiemce rrvr-ial shipments nf perond qtlahty href I'H.ve been made to various points, and there is, a prospect of a oonfioranco. M si. of Ihe business was done with South Amelia, and -the enormous ox"pansinn (if Argentine exports to meet IhJF demand has astonished even those well aenwainled with the trade, and is rloryronl evidence of tiho resources of l]i:U country."