ESTIMATE OF CAPITAL REQUIRED, COST OF FITTING UP DEPOT, EXPENSES OF BUSINESS, COST OF STOCK, SALE OF STOCK, PROFIT OF BUSINESS FOR WORKING OF DEPOT FOR THE SALE OF NEW ZEALAND MEAT IN A LARGE CENTRE OF POPULATION IN ENGLAND.

Appendix to the Journals of the House of Representatives, 1903 Session I, H-29

H.—29.

1903. NEW ZEALAND.

ESTIMATE OF CAPITAL REQUIRED, COST OF FITTING UP DEPOT, EXPENSES OF BUSINESS, COST OF STOCK, SALE OF STOCK, PROFIT OF BUSINESS FOR WORKING OF DEPOT FOR THE SALE OF NEW ZEALAND MEAT IN A LARGE CENTRE OF POPULATION IN ENGLAND.

Laid on the Table by Leave.

Capital required for each Depot. £ a. d. Estimated cost of fittings and plant... ... ... ... 1,000 0 0 Cash for one month's supply of meat, say,— Mutton ... ... ... ... £130 0 0 Lamb ... ... ... ... 357 10 0 Beef ... ... ... ...- 260 0 0 Sundries ... ... ... ... 100 0 0 Incidental expenses ... ... ... 152 10 0 1,000 0 0 £2,000 0 0

Expenses fitting up a Shop for Sale of New Zealand Meat. £ s. d. Tiling ... ... ... ... ... ... . 200 0 0 2 blocks, at £7 each ... ... ... ... ... 14 0 0 2 sets scales, patent calculators, at £14 ... ... ... 28 0 0 1 set wholesale scales (Buffalo) . ... ... ... 1000 Bails, fittings ... ... ... ... ... ... 40 0 0 2 counters, at £5 ... ... ... ... ... ... 10 0 0 Office pay-desk ... ... ... ... ... ... 500 4 saws, at 7s. 6d. ... ... ... ... ... ... 1 10 0 4 choppers, at ss. ... ... ... ... ... ... 100 1 large cleaver ... . . ... ... ... ... 0126 6 knives, at 2s. 6d. ... ... ... ... ... 0 15 0 6 steels, at ss. ... ... ... ... ... ... 1 10 0 Large sausage-machine . ... ... ... ... 12 0 0 Filler ... ... ... ... ... ... ... 3 0 0 Salting-tub ... ... ... ... ... ... 10 0 2 fans, at £5 ... ... ... ... ... ... 10 0 0 2 delivery carts, at £25 ... ... ... ... ... 50 0 0 Incidentals ... ... ... ... ... ... 61 12 6 Electric-light installation ... ... ... ... ... 40 0 0 Telephone subscription ... ... ... ... ... 10 0 0 500 0 0 Refrigerating plant for storing 600 carcases .. ... ... 500 0 0 £1,000 0 0

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Maximum Cost of conducting Business (First Year). Bailage, at £1 10s. per ton, on mutton and lamb from London to £ s. d. store in provinces ... ... ... ... ... 390 0 0 Bent - 400 0 0 Bates and taxes ... ... ... ... ... ... 200 0 0 Electricity (power and lighting) ... ... . . ... 40 0 0 Wages, three men and one boy ... ... ... ... 286 0 0 „ one lady cashier ... . . ... ... ... 52 0 0 „ proportion of supervision ... ... ... ... 52 0 0 Paper and twine ... ... ... ... ... ... 40 0 0 Stationery and stamps ... ... ... ... ... 50 0 0 Horse-hire and delivery ... ... ... ... ... 100 0 0 Advertising ... ... ... ... ... ... 150 0 0 Depreciation on plant, 5 per cent, on £1,000 ... ... ... 50 0 0 Sundry expenses ... ... ... ... ... ... 50 0 0 Travelling-expenses ... ... ... ... ... 100 0 0 £1,960 0 0

Note re Expenses (First Year). Wages. £ s. d. First shopman ... ... ... at 210 0 Second shopman ... .. „ 110 0 Third shopman ... ... ... „ 1 0 0 Boy ... ... ... ... „ 610 0 £5 10 0 per week = £286. Baitage. Bailage on mutton and lamb is calculated at the average charge of £1 10s. per ton on 3-ton lots from London to towns in the provinces. Storage. Storage in cold-air chambers is not charged, as it is intended to get supplies from London weekly if required, and sufficient cold-storage will be provided on the premises. Delivery. Horsing the delivery carts will be contracted for with a livery-stable keeper, who will supply drivers. Advertising. Advertising could be very extensively done on the amount set aside for it.

Cost: Mutton. £ s. d. 1 sheep, 601b. at 4d. per pound on trucks London 10 0 Sale Prices. s. d. 2 legs, each B|lb. = 171b. at 7d. = 9 11 2 shoulders, „ 7 lb. = 14 lb. at 6d. =7 0 2 loins, „ 6 lb. = 12 lb. at 6d. =6 0 2 necks, „ 5J lb. = 11 lb. at 3£d. = 3 2| 2 breasts, „ 2 lb. = 4 lb. at 2d. =0 8 — —— 1 6 9* 58 lb. £0 6 9£ profit per sheep.

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Cost : Lamb. 1 lamb, 36 lb. at per pound on trucks London 0 16 6 Sale Prices. April to September, — 2 legs, each 5 lb. = 10 lb. at 9d. = 7 6 2 shoulders, „ 4 lb. = 8 lb. at 9d. = 6 0 2 loins, „ 34 lb. = 7 lb. at Bd. = 4 8 2 necks, „ 8J lb. = 8 lb. at 6d. = 3 6 2 breasts, „ l| lb. = 3 lb. at 4d. = 1 0 _ 12 8 35 lb. £0 6 2 profit per lamb. 2 hindquarters, each 9 lb. =18 lb. at BJd. =12 9 2 forequarters, „ 8£ lb. =17 lb. at 7d. = 911 — £12 8 35 lb. October to March, — 2 legs, each 5 lb. = 10 lb. at Bd. = 6 8 2 shoulders, „ 4 lb. = 8 lb. at Bd. = 5 4 2 loins, „ 3£ lb. = 7 lb. at 7d. = 4 1 2 necks, „ 3| lb. = 7 lb. at sd. = 2 11 2 breasts, „ 1£ lb- = 3 lb. at 3d. = 0 9 — 0 19 9 35 lb. £0 3 3 profit per lamb. 2 hindquarters, each 9 lb. m 18 lb. at Bd. = 12 0 2 forequarters, „ 8J lb. =17 lb. at 6d. = 8 6 — 10 6 35 lb. £0 4 0 profit per lamb.

Estimate of Beturn from Depot selling New Zealand Meat in a large Centre of Population in England (First Year). Cost of Mutton, — £ s. d. Say, selling 30 sheep per week for six months, from April to September, each sheep averaging 601b., at 4d. per pound 780 0 0 Cost of Lamb, — Say, selling 100 lambs per week for six months, from April to September, each lamb averaging 361b., at s|d. per pound 2,145 0 0 Cost of Mutton, — Say, selling 50 sheep per week for six months, from October to March, each sheep averaging 60 lb., at 4d. per pound 1,300 0 0 Cost of Lamb, — Say, selling 40 lambs per week for six months, from October to March, each lamb averaging 361b., at per pound 858 0 0 £5,083 0 0

Estimate of Beturn from Depot selling New Zealand Meat in a Large Centre of Population in England (First Year). Receipts from Mutton, — £ s. d. Say, selling 30 sheep per week for six months, from April to September, each sheep averaging 581b., as per list prices 1,044 17 6 Receipts from Lamb, — Say, selling 100 lambs per week for six months, from April to September, each lamb averaging 351b., as per list prices 2,946 13 4 Receipts from Mutton, — Say, selling 50 sheep per week for six months, from October to March, each sheep averaging 581b., as per list prices ... 1,741 9 2 Receipts from Lamb, — Say, selling 40 lambs per week for six months, from October to March, each lamb averaging 351b., as per list prices 1,027 0 0 £6,760 0 0

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Beef: Estimated Profit (First Year). Fifteen quarters per week, each quarter weighing 1601b., 2,4001b. Profit at Id. per pound, £10. Profit per year, £520.

Balance-sheet (First Year). £ s. d. Realised from sale of mutton and lamb ... ... 6,760 0 0 Paid for mutton and lamb ... ... ... ... 5,083 0 0 Profit from sales of mutton and lamb ... ... 1,677 0 0 beef ... ... ... ... 520 0 0 „ veal pork ... „ small goods £2,197 0 0 Less 5 per cent, for contingencies ... ... ... 109 17 0 2,097 3 0 Less expenses ... ... ... ... 1,960 0. 0 Net profit ... ... ... ... £137 3 0 Profit, 6f per cent, on £2,000 capital. H. C. Cameron, Produce Commissioner.

Maximum Cost of Conducting Business- (Second Year). Bailage, at £1 10s. per ton, on mutton and lamb from London to £ s. d. store in provinces ... ... ... ... ... 585 0 0 Bent ... ... ... ... ... ... ... 400 0 0 Bates and taxes ... ... ... ... ... ... 200 0 0 Electricity (power and lighting) ... ... ... ... 60 0 0 Wages, 4 men and 1 boy ... ... ... .. ... 403 0 0 „ lady cashier and assistant ... ... ... ... 90 0 0 Proportion of supervision ... ... ... ... ... 52 0 0 Paper and twine ... ... ... ... ... ... 60 0 0 Stationery and stamps ... ... ... .. ... 80 0 0 Horse-hire and delivery ... ... ... ... ... 200 0 0 Advertising ... ... ... ... ... ... 200 0 0 Depreciation on plant—say, 10 per cent, on £1,000 ... ... 100 0 0 Sundry expenses, telephone subscription, &c. ... ... ... 80 0 0 Travelling-expenses ... ... ... ... ... 150 0 0 £2,660 0 0

Note re Expenses (Second Year). Wa 9 M - £ s. d. First shopman ... ... ... at 2 15 0 Second shopman ... ... ... ~200 Third shopman ... ... ... „ 110 0 Fourth shopman ... ... ... ~100 Boy ... ... .. ... „ 010 0 £7 15 0 per week = £403. Railage. Bailage on mutton and lamb is calculated at the average charge of £3 10s. per ton on 3-ton lots from London to towns in the provinces. Storage. Storage in cold-air chambers is not charged, as it is intended to get supplies from London weekly if required, and sufficient cold-storage will be provided on the premises. Delivery. Horsing the delivery carts will be contracted for with a livery-stable keeper, who will supply drivers. Advertising. Advertising could be very extensively done on the amount set aside for it.

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Estimate of Return from Depot selling New Zealand Meat in a large Centre of Population in England (Second Year). Cost of Mutton, — £ s. d. Say, selling 45 sheep per week for six -months, from April to September, each sheep averaging 60 lb., at 4d. per pound 1,170 0 0 Cost of Lamb, — Say, selling 150 lambs per week for six months, from April to September, each lamb averaging 361b., at per pound 3,217 10 0 Cost of Mutton, — Say, selling 75 sheep per week for six months, from October to March ... ... ... ... ... 1,950 0 0 Cost of Lamb, — Say, selling 60 lambs per week for six months, from October to March ... ... ... ... ... 1,287 0 0 £7,624 10 0

Estimate of Beturn from Depot selling New Zealand Meat in a large Centre of Population in England (Second Year). Receipts from Mutton, — £ s. d. Say, selling 45 sheep per week for six months, from April to September ... ... ... ... ... 1,567 6 3 Receipts from Lamb, — Say, selling 150 lambs per week for six months, from April to September ... ... ... ... ... 4,420 0 0 Receipts from Mutton, — Say, selling 75 sheep per week for six months, from October to March ... ... ... ... ... 2,612 3 9 Receipts from Lamb, — Say, selling 60 lambs per week for six months, from October to March ... ... ... 1,540 10 0 £10,140 0 0

Beef : Estimated Profit (Second Year). Twenty quarters per week, each quarter weighing 1601b., 3,2001b. Profit at Id. per lb., £13 6s. Bd. Profit per year, £693 6s. Bd.

Balance-sheet (Second Year). & s. d. Bealised from sales of mutton and lamb ... ... 10,140 0 0 Paid for mutton and lamb ... ... ... ... 7,624 10 0 Profit from sales of mutton and lamb ... ... ... 2,516 10 0 beef ... ... ... ... 693 6 8 „ veal „ pork small goods Gross profits ... ... ... 3,209 16 8 Less 5 per cent, for contingencies... £160 10 0 „ proportion of management ... 100 0 0 . 260 10 0 2,949 6 8 Less expenses ... ... ... ... 2,660 0 0 Net profit ... ... ... ... £289 6 8 Profit, 14} per cent, on £2,000 capital. H. C. Cameron, Produce Commissioner,

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Maximum Cost of conducting Business (Third Year). Railage, at £1 10s. per ton, on mutton and lamb from London to £ s. d. store in provinces ... ... ... . ... 780 0 0 Rent ... ... .. ... ... 400 0 0 Rates and taxes ... ... ... ... ... ... 200 0 0 Electricity (power and lighting) ... ... ... ... 80 0 0 Wages, 4 men and 1 boy, and proportion of supervision ... 455 0 0 Paper and twine ... ... ... ... .. ... 80 0 0 Stationery and stamps ... ... ... .., ... 100 0 0 Horse-hire and delivery ... ... . ... ... 200 0 0 Advertising ... ... ... ... ... ... 250 0 0 Depreciation on plant—say, 10 per cent, on £850 ... ... 85 0 0 Sundry expenses, telephone subscription, &c... ... ... 100 0 0 Travelling-expenses .. ... ... ... ... 200 0 0 £2,930 0 0

Notes re Expenses (Third Year). Wages. * £ s. d. First man (foreman) ... at 2 15 0 Second man ... ... „ 2 0 0. Third man... ... ... „ 110 0 Fourth man ... ... „ 10 0 Boy ... ... ... „ 010 0 - 7 15 0 Proportion of shop-manager's salary ... 1 0 0 8 15 0 per week = £455 per annum. Railage. Bailage on mutton and lamb is calculated at the average charge of £1 10s. per ton on 3-ton lots from London to towns in the provinces. Storage. Storage in cold-air chambers is not charged, as it is intended to get supplies from London weekly if required, and sufficient cold-storage will be provided on the premises. Delivery. Horsing the delivery carts will be contracted for with a livery-stable keeper, who will supply drivers. Advertising. Advertising could be very extensively done on the amount set aside for it.

Estimate of Beturn from Depot selling New Zealand Meat in a large Centre of Population in England (Third Year). £ s. d. Cost of Mutton, — Say, selling 60 sheep per week for six months, from April to September, each sheep averaging 601b., at 4d. per pound 1,560 0 0 Cost of Lamb, — Say, selling 200 lambs per week for six months, from April to September, each lamb averaging 36 lb., at s|d. per pound 4,290 0 0 Cost of Mutton, — Say, selling 100 sheep per week for six months, from October to March, each sheep averaging 601b., at 4d. per pound 2,600 0 0 Cost of Lamb, — Say, selling 80 lambs per week for six months, from October to March, each lamb averaging 361b., at s£d. per pound 1,716 0 0 £10,166 0 0

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Estimate of Beturn from Depot selling New Zealand Meat in a large Centre of Population in England (Third Year). Receipts from Mutton, — £ s. d. Say, selling 60 sheep per week for six months, from April to September, each sheep averagings8lb., as per list prices 2,089 15 0 Receipts from Lamb, — Say, selling 200 lambs per week for six months, from April to September, each lamb averaging 351b., as per list prices 5,893 6 8 Receipts from Mutton, — Say, selling 100 sheep per week for six months, from October to March, each sheep averaging 581b., as per list prices 3,482 18 4 Receipts from Lamb, — Say, selling 80 lambs per week for six months, from October to March, each lamb averaging 351b., as per list prices 2,054 0 0 £13,520 0 0 Beef: Estimated Profit (Third Year). Twenty quarters per week, each quarter weighing 1601b., 3,2001b. Profit at Id. per pound, £13 6s. Bd. For six months, from April to September, £346 13s. 4d. Thirty quarters per week, each quarter weighing 1601b., 4,8001b. Profit at Id. per lb., £20. For six months, from October to March, £520. Profit for twelve months, £866 13s. 4d.

Balance (Third Year). £ s. d. Bealised from sales of mutton and lamb ... ... 13,520 0 0 Paid for mutton and lamb ... ... ... ... 10,166 0 0 Profit from sales of mutton and lamb ... ... ... 3,354 0 0 beef ... ... ... ... 866 13 4 „ veal pork „ small goods Gross profits ... ... ... ... 4,220 13 4 Less 5 per cent, for contingencies ... £211 0 9 Ditto proportion of management ... 100 0 0 311 0 9 3,909 12 7 Less expenses ... ... ... ... 2,930 0 0 Net profit ... ... ... ... £979 12 7 Profit, 48| per cent, on £2,000 capital. H. C. Cameron, Produce Commissioner.

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