THE BACON INDUSTRY.
THE INGLEAVOOD COMPANY. The twenty-third annual report of the Inglewood Co-operative Bacon Curing Company, Limited, for the year ended AuguAt 31, 1922. states:—The number of pigs received has far exceeded any previous records. There has lieen an excellent demand throughout the whole year for bacon and hams, but the prices’ have been steadily falling, and have reached pre-war levels. In view of the probability of still further increases in the numbers of pigs produced it will probably be necessary to export frozen pork during the coming season, poviding remunerative f.o.b. values can be obtained therefor. Owing to the re-arrangement of the tariff between New Zealand and Australia, and a consequent reduction of the duty imposed by Australia on bacon and hams, there has been a considerable demand from the Commonwealth for hams in particular. Should this demand continue, it will probably be reflected in higher prices in New Zealand for pork. The arrangements made for storage of our surplus stocks have proved very satisfactory. and have enabled the company to handle the inerea«e<L-number of pigs supplied. The balance to the credit of th? profit and loss account is £347 45s Id. Your directors recommend that a dividend at the rate of £4 per cent, be paid, and that the balance be carried forward.
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Taranaki Daily News, 4 October 1922, Page 6
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216THE BACON INDUSTRY. Taranaki Daily News, 4 October 1922, Page 6
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