Commercial.

Daily Telegraph (Napier), Issue 5204, 26 April 1888, Page 2

Commercial.

Messrs C. B. Hoadley and Co. report as follows :—Yesterday morning wo held our usual sale of wool, skins, &c. The attendance of buyers was good, and for every lot offered there was keen competition. Owing to tho broken weather several large consignments of skins were too late to bo offered to-day, but will be dealt with at the next sale. As usual at this season of the year buyers of skins are visiting stations for the purpose of intercepting consignments intended for this market. After expending time and money in search of bargains, these gentlemen -we are informed, profess to offer better prices for skins, &c, than are obtained when sold under competition (?) Upon reference to current figures it must be obvious that this private dealing is the reverse of an advantage to sellers, and further, has the effect of making less useful an institution that merits support. In another column we announre having disposed of our wool and skin business to tho well known firm of Williams and Kettle, for whom we solicit a continuance of the liberal support we have hitherto received. Messrs Williams and Kettle "will hold the next sale of skins at the Spit on Wednesday, the 9th of May, Mr Hoadley's services having been secured for several years to act as auctioneer.

Tho N.Z. Loan ar_d Mercantile. Agency Company report as follows:—We held our sixth and concluding wool sale of the season at our Spit sale-room yesterday morning. The catalogue comprised 105 bales, 7 fadges, and 10 pockets and bags of wool; in all 117 packages. Competition was good, especially for fellmongers' parcels, which -were all cleared at full rates. After tho wool sale we offered our usual fortnightly catalogue, consisting of 617 sheepskins, 12 hides and calf skins, and 2 packages of fat. Each lot •was well competed for, merino skins selling up to ojd, and crossbred and half-bred up to osd per lb, and hides up to 3d* per lb. The wool sales being now over, and tho felhnongering establishments depending for their supplies on skins and oddments of wool we anticipate good competition during tho winter. The prices realised last year were most satisfactory, and we cannot too strongly urge on clients the advisability of supporting , the local sales instead of sellnig to itinerent dealers, whoso interests and sympathies are not with public competition. The fact that the staple products of the world are sold by auction proves conclusively that public competition is undoubtedly the channel through which the best prices are obtained.