Green’s Dictionary of Slang

spreader n.

also spreadum
[its properties]

1. (UK Und.) butter.

[UK]Rowlands Martin Mark-all 41: Spreader butter.
[UK]Canting Academy, or the Pedlar’s-French Dict. 111: Bread and Butter, Pannum & Spreadum.

2. (N.Z.) a blanket.

Bolton Chron. 7 June 4/2: [of NZ] Every article of trading had its slang term [...] Thus pigs and potatoes were respectively represented by ‘grunters’ and ‘spuds,’ guns, powder, blankets, pipes, and tobacco, by shooting-sticks, dust, spreaders, steamers, and weed.
[NZ]McGill Reed Dict. of N.Z. Sl. 197: spreader A blanket, used by whalers here before it was recorded elsewhere.