MEAT AT HOME.

Taranaki Daily News, 10 May 1920, Page 5

MEAT AT HOME.

CLUT BRINGS PRICES DOWN. LARGE SUPPLY; SMALLER DEMAND Pj TOigMpn.—Press Assn.—Copyright. Received May 9, 11 p.m. London, May 8. In order to relieve the glut of AusInthuian mutton, the 'Government has requested the Food Controller to resume . responsibility for the prices and distribution of all imported meat. Mr. C. A. McCurdy (Minister of Food) is consulting all sections of the neat trade, especially the Australasian importers' committees, and-decisions w'll be announced next week. Unofficially it is anticipated the price , P& ceW- Present stocks are' sufficient for eighteen months, and nr*eli u or"it \ra» killed two years a'g* The r d«mfltid is decreasing with warmer . weatbtt : and a rapid increase m supplies of freak-fish. The price of home killed porfc'in* »■w Week* dropped forty per cent. Maltf nolßer* of food stocks fear that • th«j«ay be-coaptrled to sell at a loss, ■ as they«» unable to unload, and the . twkl».*Te Jihary of granting credits.— Anj.-NZ Cable Assn. ' MOTTON' J tO' ! BE CHEAPER , HEAVY STOCK ON HAND. ■ i;i RjecejTed May 9, 11.30 p.m. London, May 8. ■ JQIS-Bjjtish Government has decided to sell.imported mutton at 6d per pound. OnV'esVimate gives the stocks of Aus'trflasMft iriutton as 10,000,000 carcases waWK' J SSO,OpO,OOO '■ Bv a reduction in ;pWjH#>ed "tho" Food Ministry lose An increased consumption at the lower prita might remove the glut in a year, but -on. the other hand a Board of Trade official declares there is nothing likf eighteen months' stock stored. . fish will be removed on 0H in»t. A vast number of mine trawleig are equipped for fishing. Hauls for two "months are far in excess of the prowar hauls, but the fish trade asSpift price.will rise with decontrol, iS,the, control price does not allow for increased" expenses.