Auction Sales of Skins, Ac.

Manawatu Herald, 8 May 1897, Page 2

Auction Sales of Skins, Ac.

The New Zealand Loan and Mercantile Agency, and Messrs Levin and Co., and Murray, Roberts and Co., have wisely determined to hold fortnightly public sales of wool, sheepskins, hides, tallow and other produce. The second sale was held last Friday, with excellent results. r lhe prices realised for sheepskins

were in advance of the London equivalent. Farmers and station holders will be studying their own interests in supporting these sales. Many, we know, prefer to sell to itinerant dealers, but at a moment's reflection will show that sales so made are almost invariably to the disadvantage of the farmer. The dealer has a more intimate and accurate knowledge of the market prices and the tendencies of the market than the farmer oan possibly hope to possess, and under such oircumstanoes the farmer seldom if ever gets the full value for his. By driving the dealers to seek for supplies at the public sales, the element of competition, together with the expert knowledge of the auctioneer, secure for the farmer the full market price. We understand that the firms named will hold sales regularly so long as supplies are forthcoming, and confidently look for the support of the pastoralista. These sales should in time develop considerably enough to include bay, corn, chaff, potatoes and such other produci'.--N.Z. Times.