THE MEAT TRADE

Wairarapa Age, Volume XXXII, Issue 10194, 22 March 1911, Page 5

THE MEAT TRADE

CABLE NEWS

United Press Association — By Electric Telegraph — Copyright.

AUSTRALIAN SHIPMENT FOR SWITZERLAND.

CAUSE OP LOW PRICES

(Received Last Night, 9.30 o'clock)

SYDNEY, March 21. The iirst parcel of frozen mutton from Australia to Switzerland is being shipped by the steamer Essex. The Swiss authorities have given permission for its importation. The consignment consists of five hundred specially-selected carcases. They are being sent via London and Antwerp, by the Colonial Meat Export Company. Mr Hughes Managing Director of the Company, is urging the importance of opening new markets. A single market, he says, is easily over-supplied, making it a simple matter t0, 5 manipulate prices, ftelow a profitable shipping .level. Referring to the present low prices in London, he suggested that it was possibly due to Home distributers anticipating early and large supplies of Australian meat as the result of a good •season; out more likely the methods adopted were those of the Americans, who captured 70 per centum of the Argentine trade, their motto being first to spoil the market at the consuming centre so that the consumers and producers would be at their mercy.