NEW ZEALAND MEAT AND WOOL.

Taranaki Daily News, 27 August 1920, Page 8

NEW ZEALAND MEAT AND WOOL.

'the home market VARYING VIEWS AS TO PROSPECTS. Mr J. 0. Cooper, managing director of the Wellington Farmers' Meat Co., who is at, present on a visit to England, writes to the Masierton Agricultural and Pastoral Association that notwithstanding the financial difficulties the traders arc up against at the present time—due, largely, tj- high .hank rates —the prospect for prices for New Zealand produce next year would not lie by any means as bad as many people have boon advisiiitr. Ho thought that the outlook, for lamb especially, was much better than even the most, sanguine New Zealand farmer anticipated. Mr Cooper says, however, that as he had only been in London a few days he had had little opportunity of forming definite conclusions. The information which is reaching Wairaraua from far more experienced sources than Mr Copper aive? just the oppof.it? expectations. Owing to the large quantity of wool in store at Home and in New Zealand', and the growing competition of "shoddy," the wool market is likely tqpbe in a state of demoralisation for two or three years. Information has reached Masterton to the effect, that so much New Zealand mutton has been loaded on to the English public the! the latter is getting its face right against New Zealand mutton, which is now referred to as, "That beastly New Zealand muttan." •It is stated that some of the mutton recently released by the English fiovernment had been five , years in cold storage.