FROZEN MEAT TRADE.

Waikato Times, Volume XXXIII, Issue 2649, 4 July 1889, Page 2

FROZEN MEAT TRADE.

TO THK EDTTOB. Sill, —The subjoined memo of a consignment of 250 wethers and 180 lambs, frozen in Auckland and sent to London by the Tainui in January last, may be of interest to some of ovr Waikato farmers, and is worthy the attention of our newly-formed Farmers' Club. It proves conclusively that unless a very much better price can be realised in the English market, or a very considerable reduction be made in the present high charges amounting to 074 per cent, of the cross proceeds, exporting meat to England from the Waikato cannot be considered a paying speculation, and is not likely to assume any very extensive proportions. Another interesting feature about the statement is that whilst the producer and shipper, who have run all the risk, have in this case had to sustain a very serious loss over the consignment, the middleman who accepts no risk has been enabled to pay a 10 per cent, dividend. This transaction lias convinced mc that it is not to our interests to place valuable consignments of this nature in tho hands of irresponsible agents over which, at such a distance from home, we can have no control ; and'not until there are those who will come and buy our meat from us oil the farm at a given price can we expect to reap any benefit from tho frozen meat trade. There is no doubt but that those who have the selling of the meat in the English market must have a direct interest in the salo of it, if it is to bo made pay. Subjoined is the statement I have referred to.—l am, &c., llknuy Buttle. Annandalc, June 28th, 1880.

Memo oi'' Receipts and Expexihtuuk CONNECTED WITH TIIE SHIPMENT Ob' 250 Whthuhs and 130 Lam lIS fhom Annandale Estate, Piako, Januaky, 1889. ItECEII'TS, £ s. d Jan. 19—To 250 pelts, at Is 3d ... 15 12 6 ~ ~ 130 lambskins, at Is " nM 11 13 0 ~ " „.b at, 2-lcwt, 2qrs. 10 lbs., at £113s Od 20 16 10 ~ ~ ~ 1 sheep damaged, cSOIbs., at Id 0 7 2 April I—By account sales, London, 249 wethers, 19,9351b5., at 4'22d . 350 14 5 May 4—By account sales, London, 130 lambs, 4,2851135,, at 5O ld 100 15 0 £499 IS 11 EXPENSES. £ S. d Jan. 19—By rail freight to Auckland 17 1 6 ~ ~ ~ Freight on 219 wethers, 19,2G41.b5., at Hd 120 S 0 ~ ",, ~ Freight on 130 lambs, 4,3011bs 29 3 7 » ~ ~ ~ Primage on be above two items, 10 per « cent 1-1 19 2 •§ ~ ~ ~ Bags and branding, 379, at 4d 0 (i 4 I g ~ ~ ~ Killing, free/.- | 3 and shipping 23,5741b5., i g at 4d 40 2 3 < ~ ~" ~ Commission on | sale of fat, skins, &c., £48 9s Cd, at 2Ad ... 1 4 3| „ ~ ~ Bills of lading, | 7s Od; telegram, Is ... 0 S 6 | Jan. 25 —By insurance ... 1G 16 0J April I—By marine insttr- 1 ance at Lloyds 16 16 0 „ ~ ~ Stamp duty ... 0 11 g Kofrigera ting go charges, carting and , J; wharfage duos 23 10 9 1 cj it )> ~ Provi ncia 1 (a charges 21 G G -a ~ „ „ Factorage, g percent. ... ... 9 08 hI ~ ~ Commission on sales, 2i per cent. ... 9 0 SJ „ ~ Exchange ... 210 0 „ June 1—l!y balance 10117 8 * (Hamilton charges.) £499 IS 11 >,'.13.— I These sheep and lamb--, if sold in the Auckland market at the time they left here, would have roalised net: £ s. d 250 wcVners, at 13s 162 10 0 130 lambs, at 7s 45 10 0 £208 0 0 Balance as above shown ... 16117 8 Loss ou consignment ~, £46 2 4