COMMERCIAL
LAMES AT HAITI WORKS
REVIEW OF QUALITY SHORTALE OF BUTCHERS Some excellent lines ol lambs have come forward at the Haiti freezing works this season, but at the same time some of the drafts have been poor. There have been more poor lambs this season than usual, due apparently to the very dry season. Dry conditions as a rule favour lamb fattening, but at the beginning of this season there was very little clover growth, .and the lambs did not secure •t good start, with the result that most are light and some are poor. It is usual at this time of the year to have a very good run of lambs, and poor ones form only a fraction of the killings. A shortage of butchers is delaying killing at present, but it is usual at this time of the year to experience this problem, for a number of butchers are still out with the shearing gangs. The shortage should be rectified after the new year, by which time the shearing should be finished. Otago Prospects , The Otago freezing season will open on December 15. The lambing lias been a fairly good one, although it is expected that there will be a decline of 3 or 4 per cent on last year’s returns. Some of the Otago lambs will be railed to the North Island, where the season has been poor. Representatives of northern freezing companies will be operating in the south.
No difficulty is being met with in regard to obtaining the services of men for killing. Most of the men employed at Burnside in previous seasons are returning.
MANAWATU KNITTING LOSS ON OPERATIONS A loss of £1(1(1, compared with a net profit of £3703 last year and £5079 in 1930, is shown in the fifth annual accounts of Manawntu Knitting Mills, Limited, for the year ended October 21. Full provision has been made for depreciation. The directors state that, in view of the position that had developed early this year, they could not advise an interim dividend and now regret that they cannot, under the prevailing conditions, recommend any dividend tothe year. Last year a distribution of 10 per cent was made. The period had proved a most difficult one from a trading point of view and the directors had become very concerned at the excessive imports. During the year a knitting company’s plant, for which the directors held favourable prospects, was purchased in Auckland and removed to Palmerston North.
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Bibliographic details
Poverty Bay Herald, Volume LXV, Issue 19803, 3 December 1938, Page 6
Word Count
413COMMERCIAL Poverty Bay Herald, Volume LXV, Issue 19803, 3 December 1938, Page 6
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