MEAT EXPORT.

Daily Telegraph (Napier), Issue 3019, 28 February 1881, Page 2

MEAT EXPORT.

The following prospectus of an Oamaru company, which ib is proposed to form for the export o£ frozen meat from that port, is published in the Oamaru Mail:—"Memorandum re association for carrying out a shipment of fat stock to England by the freezing process. It is proposed to engage a space (say 200 tons) in a ship of 800 or 900 tons for the homeward voyage from Oamaru to London, getting the ship fitted with the necessary freezing machineiy, engines, &c, before leaving on her outward voyage. The association would erect a freezing shed on the wharf at Oamaru for freezing the meat, which would be killed on the stations and sent to Oamaru by ia'l. It is estimated that a shipment could thus be made of about 4000 carcases of mutton, and that the results might roughly be estimated as oh accompanying sheet. It would be necessary that a capital of, say, £4000 be viz. : —Freight and expanses, machinery, &c, £2000; cost of 4000 sheep, say £2000. Of this it would only be necessary to call up, say, £2000 in cash, the balance being subsribed by the members of the association in fat stock at a price to be agreed on, the cost of the sheep to be a first charge on the proceeds of the shipment, and the surplus proceeds, if any, to be accounted fov pro rota. The Messrs Campbell would make arrangements in. England as to freight and fittings, &c, and engage an experienced man to come to New Zealand to take charge of loading the cargo, and to return with the ship, and would also make the best possible arrangements for disposal of the cargo on its arrival in London. Estimate —Freight space, say to 200 tons, £4, £800 ; freight, coal and machinery, say £200 ; cost of coal, say £120; coet and fitting up of machinery in England, cost of royalty and man's wages in charge, £1000; expenses at Oamaru, freezing, and shipping, £G00 —£2720; less freezing machinery on hand, £600—£2120; sale of 4000 sheep, say 561b each in England, say 5d per lb., £5000 j giving the stockowners for the iCZJ sheep, £2800. In the above statement it is estimated that one ton of space will store twenty carcases. This may probably be exceeded. It is also estimated that the skins and fat will cover the expenses of killing and railing the sheep to Oamaru."