THOSE MEAT SHOPS.

Waikato Argus, Volume XV, Issue 6035, 4 August 1903, Page 2

THOSE MEAT SHOPS.

Me W. Nelson writes from Tomoana, Hawke's Bay, as follows :—' 1 have before me Mr Cameron's estimates for running a butcher's shop as indicated in the Hawke's Bay Herald in a paragraph en titled ' A Rosy Picture.' It is indeed ' a rosy pictuie,' and had I not known that Mr Cameron has been interesting himself more or less for some years iu the meat trade 1 should have thought he knew precious little about his business, or rather the business he proposoa to enter on. Shortly, his figures appear to indicate that on the sale of 35 sheep, 75 lambs and three bullocks per week he intends to makt a profit of £137 3s per annum ; the following year, on a somewhat increased turnover £289 6s 8d profit; in the third year, £979 12s 7d profit—all on a capital of £2OOO. This makes rre feel that 1 should like to scrape together £2OOO, acquire Mr Cameron and make money. Hut so much for ' theory ' ; now for 'practice.' Un page 2C9, issue May, of the Pasto ralists Review, I find the following : ' Haßtmans, Ltd. made £56,000 net profit for the year's trading, they have 905 shops, their sales were £2,500,000, their profit as given above comes to about 25s per week at each shop net.' Now, here is an old established firm that has been running for very many years, and presumably with the keenest management, yet it can only show a profit of 25s per week, while Mr Cameron with a stroke of his pen shows us tho way to make nearly £l9 per week after only three years' work. Comment iB unnecessary. —N.Z. Times.