Commission on Sales of Stock. TO THE EDITOR.

Otago Witness, Issue 2106, 5 July 1894, Page 8

Commission on Sales of Stock. TO THE EDITOR.

Sin, — As there seems a likelihood of some decided action being taken by farmers and others regarding commissions charged by agents on the sales of stock at Burnside and elsewhere, perhaps, with your permission, I might make a few suggestions that might facilitate matters somewhat.

I am sure I am voicing the mind of many sellers when I say that it is not our wish that the agents should do our work for less than a fair remuneration ; and seeing that it is said on behalf of the agents that they cannot afford to give the credit and stand their losses and sell at a less rate than 3J per cent., I have two suggestions to make. The first is that the agent takes ono week after sale is made before he forwards account sales and cheque, and in all cases where the stock have been paid for the agent to simply charge 2£ per cent, on such sales. The second suggestion is that the rate of commission remain the same as at present, but the purchaser who pays cash within one week after purchase receive a rebate of I£. Of course you will see in so doing the purchaser who intends to pay cash will be able to give a little more for stock, which will be quite an equivalant to the seller as a reduction in commission. Also that both seller's and vendor's names appear on account sales, and also accounts rendered for stock. '

la hopes that a satisfactory arrangement may be come to, — I am, &c, June 28

Colonial.