FROZEN MEAT

Dominion, Volume 11, Issue 297, 4 September 1918, Page 8

FROZEN MEAT

' TERMS OF..ADVANCES. ' k cablegram has been received from Sir Joseph Ward 'advising'thattlm Imperial Government, lias agreed to pay an advanco;pf'7s percent, of the value of meat six weeks after it has gone into ■store. There have been three recent advices' about the'so advances against meat. The' ; firs£;, was 'that would be made after tln;eo months, with, the proviso that no payment would be ■ made until 80,000 tons of ; meat had teen put into the stores;' This amount, translated into mow commonly used' terms, means that no payment was to 3be made until three million freight carcasses, or about half the output lor a season, had gone into store. On further representations being made by tlio New Zealand Government tins condition was withdrawn, and the arrange-. • roent then was that payment would bo made after'three'months, without any provision as to the quantity to be put into tho stores. Now the, period, lias beeii.'fnrther reduced to sis weeks, still without any conditions. ■ '- ; ;

'" ■ Tho^congestion in the cold, stores of p ike -Auckland' district is. now being ! : ' somewhat relieved, and fairly suhstan- !■■'' tial -consignments of both meat and '< dairy produce will be made, in the near :>•' future states'the "Herald."' Among ± others, the East; Coast Co-operate ''■.' Freezi'ng Company's works at Whaka- •: 'tane, which commenced operations, m :■ December .last, will bo relieved to the \ extent , of 20,000 carcasses. ,At pre- ; sent; it is stated, there are about f 80,000 601b. carcasses stored at tho ;' works, the'-storage• capacity- of which ; v is equal to '100,000 . carcasses. ■ . The I '■• partial.clearance,'therefore, will afford I :< welcome relief in'view ,of the coming •: season's operations, ■ ,• • ■•