A LOSING COMPANY.
(Per Press Association.) Christohurch, last night,
The annual meosing of tho Christchurch Meat Company was htli to-day. Tho chairman, Mr E, Da C. Malet, said he much regretted the heavy deficiency of £29,493 for tho past year’s work, but the loss was entiroly duo to the serious fall in mutton and lamb on t'ao Homs market towards tho end of the eeasen. Mr Gilbert Andersoa, managing director of tho oompany, said that the past year had been one of tho worst since the inception of the trade for all exporters of frozen meat, brought about by tho general Blowness of trade at Homo, by large quantitiee of obeap beef being placed ou the Home market, aud hy tho high price of stock in the colony. The position was aggravated by farmers insisting on eolling iamb by tho pound, and holding buck stock until they ceuld obtain heavy average weight.
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Bibliographic details
Gisborne Times, Volume XIX, Issue 1686, 1 March 1906, Page 3
Word Count
152A LOSING COMPANY. Gisborne Times, Volume XIX, Issue 1686, 1 March 1906, Page 3
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