ARMOUR AND CO.

Wanganui Herald, Volume LIII, Issue 160723, 9 August 1920, Page 7

ARMOUR AND CO.

A CHARGE OF PROFITEERINGNEW ZEALAND LAMB IN AMERICA. A case of particular interest to New Zealanders (says an exchange) nvas commenced in Boston, Massachusetts, in May, when John E. Wilson, district superintendent of Armour and Co., was proceeded against by Air W. H. Hayes; United States Commissioner, on a charge of profiteering in necessities. The charge by the I 1 ederal official was that Armour and Co. paid 9.08 cents per pound for a shipment of 260,000 carcases Of lamb in New Zealand, and that after freight rates of 3.41 cents per pound were paid, the consignment was sold for 25.5 cents per pound in Boston, at a profit of approximately 50 per cent. In an official statement issued from Chicago in connection with the case, Armour and Co. said: “The facts as reported relative to pur indictment in Boston are not correct. Instead of being indicted, we should be commended. There is a crying need for more food, and Hie lamb supply is very short and the price exceedingly high. Last winter we foresaw this 'condition, and arranged to' ship lambs from New Zealand to pope with it. The New Zealand lambs, which we have been selling iu Boston, are of unusually fine quality, but we are selling them below the market prices for western lambs, and were it not for these New Zealand lanibs, the price of western lambs would be higher than it is now.”