Report on the trade in refrigerated beef, mutton and lamb

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Monograph

Identifikator:: 1800540760

URN:: urn:nbn:de:zbw-retromon-185131

Document type:: Monograph

Title:: Report on the trade in refrigerated beef, mutton and lamb

Place of publication:: London

Publisher:: Stat. Off.

Year of publication:: 1925

Scope:: vi, 65 Seiten; Ill., graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter V. The trade in Great Britain

Collection:: Economics Books

themselves saw to the pitching of their meat and its sale through existing stall-holders, and subsequently through their own stalls ; on the other hand, some English meat traders, holding stalls, seeing the possibilities of this kind of trade, extended the other way, t.e., they established meat works in the producing areas. In other cases, the freezing works appointed independent agents in this country. In all cases, the disposal of meat from abroad came to depend on organisations which not only watched the arrival and storage of the goods, but also canvassed their sale among stall-holders in the Market, Further developments followed naturally. The new ““ walking *’ merchant, searching for business in the course of the morning in every corner of the vast market, might meet enquiries for goods which he could not satisfy from his own stocks, but which other importing firms were in a position to supply; to hold his customers, if for no other reason, he would himself buy to meet the demand. Trading between importers, themselves, became, therefore, a feature of extra-market dealings. From buying to meet a known and immediate demand, is but a short step to buying to meet a roughly-estimated future demand. forward dealing became, therefore, a function of the merchant connected, directly or indirectly, with a meat-works, for ag supplies left the works weeks before they could be sold by stall- holders to the retail trade, he was mainly concerned with market bendencies and conducted his transactions on the basis of future prospects. These trading conditions led to the development of yet another type of merchant, namely, the jobber, who, in this extra-market trade, must be distinguished from the jobbing stall-holder already referred to. Ag a type, the ncn-stallholding jobbers arose out of the possibilities of the trade and the oppor- tunity for speculation which it afforded. Though lacking the capital and perhaps the desire to establish a meat-works, they saw that by buying from the meat-works, or their agents, and selling to stall-holders and others on their own account, a small capital could be used to good effect. This is, perhaps, an ideal picture of the evolution of the large and important class of traders who are now established around Smithfield Market; its purpose is to bring out the scope and methods of a somewhat complicated form of business. It may be added that the importers, the agents of meat works, and the jobbing firms engaged in this extra-market trade all have their salesmen continually passing to and fro in the Market itself endeavouring to sell both to the stallholders proper and to each other. Not only are the supplies for resale on Smithfield stalls the subject of continuous barter, in this way, but much of the meat consumed in Greater London and in other parts of the country also changes hands on Smithfield by the same process. The importance of Smithfield is, in a measure, due, of course, to its size and to the vast quantities of meat that each year pass n and out of its gates. but it is to the oresence of the merchante

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