A PUSHING FIRM.

New Zealand Tablet, Volume XXIX, Issue 7, 14 February 1901, Page 20

A PUSHING FIRM.

* Messrs. DWAN BROS., HOTEL BROKERS, VALUERS, AND FINANCIERS, WILLIS STREET, WELLINGTON. Messrs Dwan Bbos. are the chief hotel brokers, etc., in New Zealand, holding that position for many reasons. Originally associated with their father, Mr. Thos. Dwan, sen., auctioneer, etc., the brothers, Messrs T. H. and L. Dwan, founded in 1880 the abovenamed businebh, which has grown enormously. Under the able tuition of their fa her they gained invaluable experience, and the prosperity of the firm is emphatic proof that they have demonstrated more than ordinary ability and study during their career. The offices of Messrs Dwan Bros, are situated in Willis street, Wellington, and there at one time and another a lot of business connected with New Zealand hotels has been transacted. Ea§h branch of their business dovetails into the other, and the firm do not go beyond it in any particular, neither being agents nor finanoiew except in relation to the hotel trade. All their time is therefore devoted to their speciality, and in this they have an expert knowledge which is frequently taken advantage of. There is hardly a hotel in Wellington that has not gone though their hands, while they do business in this branch throughout the Colony, having been brokers for hotels from Auckland to Invercargill. tiome idea of the size of this branch can he gained when it ia Btated that they frequently manage the sale of 20 hotels a month, their principal connection being in the Wellington, Hawkes Bay, and Taranaki provincial districts. It is justly said of Messrs. Dwan Bros, that they never fail to carry through a transaction that they undertake, and that their name never appears as suing for a commission. What with their close relations with the trade and intimate knowledge of it, to say nothing of the cash at their backs, they are able to bring a sale off where others fail. For instanoe, should a client wanting to take over a hotel not have sufficient funds for the purpose, Messrs. Dwan Bros, can arrange the matter successfully when others fail, in this regard frequently sating as financiers. They are not only hotel brokers, but are hotel owners, having hotel freeholds as far south as Invercargill, and even on the West Coast one of their main lines is hotel valuing, a department in which they can pose as experts with authority. Thus only a fortnight ago Mr. T. Dwan was engaged by the Government as an expert valuer to sit on a case at Nelson to decide upon the question whether or not the agent of the Public Trußt Office had made a mistake and sold a hotel there under its real value. He was associated in the case with Mr. Poynton, the Public Trustee. The firm are called upon to value hotels in remote plaoes. The success of Messrs. Dwan Bros, has been commensurate with their special knowledge. Besides being decidedly the biggest people in their line in the Colony, they are owners of considerable house property in Wellington, having a large army of tenants of their own in the city. For push, persistency, and expert knowledge they are not to be surpassed. — New Zealand Times, December 29, 1900. *%