The Daily Telegraph SATURDAY, SEPTEMBER 30, 1882.

Daily Telegraph (Napier), Issue 3505, 30 September 1882, Page 2

The Daily Telegraph SATURDAY, SEPTEMBER 30, 1882.

The Hawke's Bay Meat Export Company may now be considered fairly floated, of the 5000 shares only 975 remaining on hand. Tbe company is both influential and wealthy, and, by the purchase of Messrs Nelson and Co.'s k works, will no doubt largely increase the operations of the important industries

established at Tomoana. It may be presumed that, with the purchase of the patent rights and works from Messrs Nelson and Co., meat freezing will form but a secondary place in the business, it having been shown that larger profits can be made out of a carcase by other processes of preservation. When it is considered tbat it only pays to send frozen meat to England during three or four months in the year, tbe advisability of the pursbase of the Tomoana works becomes more obviou?. The Hawke's Bay Meat Freezing Company that has been formed in London may or may not amalgamate with the Meat Export Company, but the question is one that little affects the prospects of the latter. There is plenty of room for both companies ; indeed, it is more than probable that meat freezing operations will eventually become a regular part of the business of all boiling-down establishments.