MEAT WAR

Southland Times, Issue 20044, 4 December 1926, Page 7

MEAT WAR

BRITISH CHILLED BEEF TRADE. AGREEMENT REACHED. London, December 1. The Daily Mail states that Armours, Smiths and Vesteys have concluded a tentative agreement whereby they take 70 per cent, of the British chilled beef trade, leaving the remaining 30 per cent, for five smaller companies. The latter consider the offer to-morrow.—A. and N.Z. POSITION OF VESTEYS. London, December 2. Sir Philip Proctor says the Chicago report that under the terms of - the meat war settlement Vesteys are going out of the packing business is a ridiculous falsehood. Vesteys position in Australia goes on as usual.—A. and N.Z. AGREEMENT DENTED. (Rec. 8.15 p.m.) London, December 2. The Daily Mail says that Lord Vestey denies that an agreement has been reached terminating the meat war and announces that Vestey’s Union Cold Storage Company is not retiring but handling an unprecedented South American meat tonnage. It has never been better equipped to meet competition and defend British interests. Swift’s and Armour’s corroborate Lord Vestey’s denial.—Sun Cable.