CRITICAL PERIOD

Poverty Bay Herald, Volume LIII, Issue 16372, 21 June 1927, Page 6

CRITICAL PERIOD

AUSTRALIAN MEAT INDUSTRY EXPORTERS LOSING MONEY (Eloc. iTcl. Copyright—United Press Assn.) ' (Received June 21, 1 p.m.) SYDNEY, June 21. Ml'. J. R. Cramsie, chairman id' the Metropolitan Meat Industries Hoard, says that the position of the meat industry throughout the, Commonwealth at present is i-ritical. Exporters have been carrying on at a loss for some, time, and the Immediate futuje t, r > IV(> m Judication that the situation would improve. If anything, the heavy yardings of sheep that would result from' the unusually severe winter would tend to aggravate the depression, which was not confined to any one State or portion of the Commonwealth, but applied to the industry as a whole. The small vohime of business that had come, within the reach of the Queensland meat works for some time, he- added, had resulted in a large increase in the operating costs. The effects of the recent drought in that State would make the position worse, as the export trade would be light. A similar position existed in West Australia, while, in Victoria and New South Wales difficulty was experienced in securing sufficient business to enable the works to be operated profitably. , ' Only an organised attempt to handle the trade scientifically, and thereby stabilise, it, he said, would save the industry from disaster.