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COMMERCIAL.

Tiie amount of revenue oolleoted at the OuHtom-house on goods) oleared to-day for oonsumption wan L 2.030 19b Id. Mr A. Moule, of the Oamaru branch of tho Bank of New South Wales, exchanges places with Mr Fish, of Geraldine.—'N.O. Times,' {Brokers' reports and announcements may be inserted in this column on specially arranged terms] RABBITSKIN MAKKKT. Messrs Arthur M'Donald and Co. report as follows: S'nce we had this pleasure a week ago a large bmines3 has passed through our bauds under tbis headiog, and it is with pleasure we note that sellers of rabbitakina realise the great advantage to them and ourselves iu doing direct business, thuß saving the charges of the auctioneers of 5 per cent, (nearly a penny per lb on winter skins) -namely, 2h per cent, to the sellers and 1\ per cent, to the buyer. We are natisfied (and we shall leivo no stone unturned to gain the object in view, and we know that the othe- exporters are alike determined) that unless the auctioneers remoTo the premium at present charged tho buyers they will in time lose at least their rabbitskin connections; for buyers aro enabled to give better rates for direct consignments than they can do at the sales. And to bring about the desired reform which everyone (except the auctioneers) will admit 1b a Mr and reasonable one, we, as ono of the buyers, guarantee higher prices for private purchases; fi-r wo most strongly object to be charged a premium for tho privilege of investing oar capital. To show that it would pay tho auctioneer* to only charge tho one commission, we will takf, for example, 12 bales of good winter skins, each averaging 4cwt 2qr net, at lGd per lb, and show what the agents get out of bo small a lino under the present system : 12tules,each4cwt2qrne!;,6 I S(Hlbs atlOd .. .. .. .€lO3 4 0 Charges 2J per cent, to the seller £lO 1 0 1\ p«r cinf. to the buyer .. 10 1 0 Net return to seller .. £.183 1 0 When it is understood that all the ogent does is to open the top of the bal?s and to spend a few minutes in telling, and runs absolutely no risk—for thoy are pail cash before deliverydoes tho charge not appear monstrous ? In years gone by wo have at»p'cached the calesmen on various occasions with a view of gitt'ng them to remove the premium charged us, but without avail, until we are forced to take up our preaent attitude; and we hope to be excused for quoting the fo lowing Latin phrase, which haß just passed through tho writer's mind: Tempora mutantur, tt nos mutamur in illis. (N.B. This is not sarcasm.) To retorn to business, we guarantee fullest values free of all charges, and to return proceeds the samo day as the goods rfach us. We lnve orders in hand for over 1,000 bales, and by doing direct business with the manufacturer we can givs London rates on the spot. < 'iir fur-cutting department is a great mice's?, and we shall refer agiin to it next week. | By Telegraph.] Sydney, July 1!) —The deivo~oi«f grain for the past week wero 205 tons of flour from Victoria, 191 tons of flour and 320 torn of wheat from Adelaide, and 112 tons of flour and 105 tons of wheat from New Zealand.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890719.2.23

Bibliographic details

COMMERCIAL., Issue 7963, 19 July 1889

Word Count
558

COMMERCIAL. Issue 7963, 19 July 1889

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