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COST OF LIVING.

N.Z. MEAT AT HOME. * COMPLAINT OF HIGH PRICES. MANAGER FOR BOARD IN DEFENCE. 'bi cable— press association— coptkskl (austbaliak a:id s.z. cabls aslociatioj?.) (Received November 18th, 7.30 p.m.) LONDON, November 17. Arising out of Mr Baldwin's decision to Investigate tho high cost of living, some papers arc calling attention to the dearness of New Zealand and Australian meat. Mr R. S. Forsyth, manager for the New Zealand Meat Producers' Board, in a letter to the "Morning Post," asserts that there is no undue discrepancy between prices on the hoof in New Zealand and of the carcase at Smithfield. He' states that in the case of mutton the average is o§d per lb on the hoof and 7id at Smithfield, while tho respective figures for lamb are 10|d and lid. Eetailers add charges of from 20 to 25 per cent., which arc not abnormally excessive. COMPARISON WITH 1914. PRESENT PRICES 150 PER CENT. HIGHER. 'acstbaliax ask s.a: cable association.) LONDON. November 17. The '-Daily Mail" says that there is urgent need for a businesslike enquiry into the cost of living, which is 80 per cent, above the 1914 level, compared with 73 per- cent, in 1923. The price of meat rose again to-day. New Zealand. lamb sold wholesale at from 8s 4d to 8s lOd a quarter, and mutton from 5s 4d to os 6d, which is 150 per cent, above pre-war rates. Australian mutton is 132 per cent, above the same standard, and retailers deny that they are making excessive profits. They -assert that all goes to tho producers and shippers. The "Daily Mail" demands an explanation of the mysteriously wide margin, between the producers' and the consumers' prices, and asks why the retail price has advanced mora than the wholesale. Mr R. S, Forsyth, manager for the New Zealand Meat Producers' Board, denies regulating prices. This, he sayß, is impossible, because the Board does not engage in trading, but merely decides tho quantities leaving New Zealand, in order to ensure constant supplies. Proof that the meat is not being held back is found in the fact that stocks in New Zealand on October 31sb were only 1443 carcases of lamb and' 52,473 carcases of mutton. The traders' report is quibbling. The Board's report emphasises the fact that the regulating of supplies is an important factor in stabilising prices.

Unless drastic action is taken, poor housewives will endure a hard winter. The price of the loaf threatens to exceed 10d.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19241119.2.67

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume LX, Issue 18234, 19 November 1924, Page 9

Word count
Tapeke kupu
413

COST OF LIVING. Press, Volume LX, Issue 18234, 19 November 1924, Page 9

COST OF LIVING. Press, Volume LX, Issue 18234, 19 November 1924, Page 9

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