Frozen Meat Trade

Feilding Star, Volume VI, Issue 70, 22 November 1884, Page 2

Frozen Meat Trade

1 London advices continue of a ! sai tenor, and nave contributed in a marked decree to a , restoration of confidence in the future i of this in lustry. Since our lust issue, quotations have touched as high as i (s^(l per lb for mutton aii \ 7d for 3 beef, and from latest repo-ts, 6|«l t appears to be current value for * mutton. .' Dumedin. — The works at Hurnsidf nave jut turned out 8570 carcases of mutton for shipment per s.s. Doric. , and are preparing a cargo for the s.s . Victory, which is now in port. i Chuistchurch. —Operations have ' been resumed at the B^lrast works. s and a cargo for the Ruapehu is now * in preparation. The Doric sailed ■ from this port on Nov. I, with 8766 carcases from Duiedin, and J44-i from Lyttelton. r Oamaru. — The ship Marlborough j is expected here in about a week to , load a cargo drawn fr>m the New ; Zealand and Australian Land Com--1 pany's. estates. : A very important announcement is : made in the Asiiburton Mail of the 13th instant, which is that the New • Zealand Shipping Company have 1 decided to reduce the freight on cheese to London to £4 per ton, and [ on butter to £5 per ton. Jhe freights . on these commodities, as we have • frequently had occasion to point out, r have hitherto been altogether ! excessive, and it was impossible to ■ expect the export trade in them to be maintained if the old rates were ! adhered to, The news that the Shipping 1 Company have recognised '. the necessity tor making a substantial reduction will be receive I with pleasure by dairy farmers throughout the cjlouy. Ihe proposeJ reduction, it is suid, will make a difference of -£d per pound on cheese, which, it is perhaps needless id say is sufficient to convert a Ijss int" a substantial profit — NewZ'-aland Loan and, Mercantile Agency Company's report for October.