MEAT POSITION

Hokitika Guardian, 27 October 1932, Page 5

MEAT POSITION

HISTORY’S WORST ‘OUTCOME OF OTTAWA. (United, Press Association—By Electric ’Telegraph—Copyright) ‘ LONDON, Oct. 25. "Authoritive trade 'opinion considers the meat position as the :i 'Worst in history/ 1 ” bnf Lamb prices at present “iife: NeW Zealand • s|d, corhparfed'i'With B|d iA 1 ' October last year; Australian 4fd, compared with 8d; ; < mu-iulifft l . Nevertheless, the for a 1 reduction in Britain’s !hibat s imports from South America, it is argued here, comes at an unfortunate moment, because 1 the carcases of riiiittoh' and lamb at'present ’ afloat aggregate: Australia *<725,000 (compared with 555,00t' at this time New*' Zealand 390,000 (compared With' 275,000); Riverplate 115,000 (compared 1 with 239,000). South America is' Alreifcly reducing the! "past quarter^ 1 ' shipments by forty per cent. : Australian importers will consult tomorrow, and hope to ' confer with Mr Bruce tithin’ 'hdufwith a view intervention 'by the ißritisli: Government '’/ngnihist- "foreign imports/ ' 9 ' / The Pigs arid Pig jPi’pductis Organisation Commlssibii', appointed under the Agricultural Marketing Act, have proposed that frpm July Ist, 1933, foreign . imports of,- bacon be progressively restricted to enable, with the ’ bacon and pigs proceed in Britain, the supply to. react fb,670,d00 hun-dred-weights yearly. Which ip the average quantity from 1925 to 19SjO. The Commissjop, have also proposed; to assure faripers.^pf, a basic price, varying witt feed, ri prices, and accompanied by measures, to develop British pig breeding. } quotas will be reconsidered annually, any increases of the Dominions’j'qqptas being at the expanse of quotas.

BRITAIN’S FUTI/r| ATTITUDE. ; . MONTREAL, Qct. 26. “The future attitude in Britain towards the Ottawa trade agreement depends to a great extent on the operation iof the Canadian Tariff'Board,” so Lord Reading said here, when en route to Ottawa to .discuss thig apd., allied subjects with the' Premier, ,M r Ben- ■ nett. , i ' , BRITAIN’S EXPORTS TO JUSSI A. V-W /v v : htic ■■ ,v •V: MOSCOW, Oct. 25. The “Foreign Trade Magazjpe” af- £ firms that the British t3mpire ; .;, ranks second among to. EUfesia. The value., of .Russian 5 inir., ports ftomthe 1>»&* eight months was 87,000,000 roubles. value of the Russian- export* to Sthe British Empire was 79,000,000 troubles. Germany is the largest trader ■ with Russia, and her exports to Russia for the same period totalled 233,750.000 roubles, whilst her imports from Russia totalled roubles. . " V - .; J i'r'* f ; ■ • CONCERN FELT IN AUSTRALIA. FEARS FOR EXPORT SEASON.

(Received .this.day at 9.30 a.m.) . '■ ■ ; Obt. 2/.;' A deputation of New South, Wales and Victorian' graziers and meat exporters directed the attention of : Mr Stewart, Federal, Minister of Commerce to the grave .condition of the British meat market,, and the continuous glutting of supplies, and fear was expressed that if .South American shipments of mutton and lamb continued -heavy to December 31st, the .present lamb export season would .be .disastrous. uv . The deputation urged,, that • representations should be. mad.e to the New Zealand , Government, the British Government, and the Argentine with a view to. arranging an all-round limitation -of .shipments. s , Mr Stew Art replied that the Ministry was alive to the danger,, and that the whole position had beqn .placed before the British Government;,- through Mr Bruee, the Resident y Commonwealth Minister in London. • v jff • TRADE UNION OPPOSITION. LONDON, Oct. 26.

The Trade Union Council passed a resolution opposing the Ottawa Agreements. ‘‘J ffio ,