THE LOCAL WOOL SALES.
We published m our issue of yesterday co»espondence between the local Wool Brokers and the Christchurch Wool Buyer's Association. This is another phase of the question that continually crops up of town verms country. The tpwn, as is quite natural, seeks to concentrate m itself all the business of the country whereas the latter, as naturally, desires to have it transacted where it is most to its advantage. The whole matter lies m a nutshell. The Christchurch men want to havethetrade brought to fcheir own doors, to save them the time and trouble of travelling about the country to do it. Thewool growers on the other hand wish to have their produce handled and sold under their own supervision and m their midst. They have learned by experience that it is better so done, than to send it to a distant market to be handled by strangers, who have no interest m it beyond the commission on its sale. It is urged by the wool buyers that it is better for the wool growers that their wool should be sent to a central market, where it will be submitted to keener competition from more buyers, and realise the highest prices. This argument, if it had any real value, would, apply with especial force to the London market, where alone, for many years, the wool of the world was sold. But colony after colony has commenced to sell the wool locally, with increasing satisfaction to all parties. The great bulk of the wool so dealt with never reaches the London market at all, but is sent direct to the manufacturers m Europe or the colonies. li} New Zealand, owing to its configuration and numerous shipping, ports, many local centres have arisen where the settlers obtain their supplies and dispose of their.
products. They can see the wool lotted and handled, attend the sales, and decide on the spot whether to accept the prices offered or avail themselves of the English market. The result has been that the colonial wool sales have grown m importance year by year until a large proportion of the clips is now disposed of locally. This would not have been the case unless it had .answered the purpose of those immediately concerned. Under these circumstances it seems hardly consistent with the spirit of fair play for the buyers to enter into a combination to abstain from attending the country auctions. Wool-growers are free to send their produce to Christchurch if they choose, and individual buyers should be left free to attend such sales as they please. It appears to be a case for mutual concession. Every provision should be made at the local sales to suit the convenience of buyers, m fixing dates of sales, showing the wool, forwarding when sold, and other arrangements. On the other hand the buyers should consider the interests and wishes of the growers, and not attempt to interfere with the natural course of the trade of which these local sales are evidently a development.
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THE LOCAL WOOL SALES., Ashburton Guardian, Volume VII, Issue 2529, 27 September 1890
THE LOCAL WOOL SALES. Ashburton Guardian, Volume VII, Issue 2529, 27 September 1890
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