The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-03-25
LOG AZ M a = = = \ ..
The Trade Sale OF Books.


me semi. annual trade sale Of books, by Bangs,
Rr,tber 4 Co. Park row. is proceeding in this
civ IL il the nfty fifth sale Of the New York Trade.
IL commenced the 18th instant, with the sta
tionery and Monday with the books These trade
Ssics by Bangs Co., and by Lyman Rawdon are Pc
ouisr 70 this country-there being nothing like them
England the continent Of Europe IL may except
the great Lepsc fair which, however s not exactly the
The New York Trade sales which take place IN March
and September for the most part exchanges books
between publishers and booksellers The general public
have nothing do with them not es than certain
number OF copies of each will be sod to purchaser
These productive OF great mutual
The trade One bookseller has number Of copies Of
hook on hs that not very salcabc and he wishes
to ret rid OF and 70 purchase copies of smother
boo books instead lie IL enabled to do this without
the expenditure ola centperhaps he will receive money
in balancing his account Another bookseller pub
Usher wishes sell many copies possible OF
work he has brought out; and II it is good one TO
90 nearly all the trade viii take copies
Contributions the sales consist OF not less than four
copies az work quarto ten copies of work in octave
and twenty copies of duodecimo Above these numbers
there is no limit The contributions 10 The present sale
OF Bangs Co exceed two hundred in number The
catalogue constitutes volume OF nearly 400
in the morning till II o'clock at night very large pro-
portion OF these books consists of the vcrics rash-novcs
aud 81 aorts Of light reading There also school
books religious books histories, biographies travels &c
The ssle begins with djeuner at which champagne
and other good things spread before the guests in
der TO put them in spirit for the bidding Adournmcnts
for meals take place regularly and the auctoneer is
Eeyed by a successor Al certain intervals when a book
is knocked down at certain price person has the
privilege OF taking many copies he pkascs; and he
signifies the number either by calling it out by hold
ING up three four. five fingers ten fingers the
msy be The expertness with which this operation
gone through is really astonishing At the close OF the
ole the account of each person made ont and the ba
anccsruck against for him and though he may have
purchased many books he is not necessarily The debtor
side The terms follows
On Al! purchases from the whole catalogue. amounting
"a 500 and upwards four and six months credit
from the whole catalogue less than $3.50 and
more than 500 four months credit; and on all pur.
chascluss than 800 cash discount of per cent will
De allowed on all purchases exceeding 81 900 Approved
payable in the city Of New York satisfactory to the sellers
viii be required; and bills must be settled before she do
livery the goods and within fifteen days after the sale
and al bills settled within twenty days TO be subject
to addition Of per cent and interest insurance and
storage TO be charged settled for and all goods not
settled within thirty days to be re.sod
the purchaser returned to the contributors Goods Ia
be- delivered to purchasers within thirty days from the
last day OF sale
Often large advances are made to booksellers on the
books auction At these sales books generally
purchaed per cent cheaper than they be from the
publishers, by private bargain and sometimes Is per
ceut Those who deal in second hand books sometimes
O., bargains Of new works which they thus enabled
10 SET cheap.
,gulate the sale committee of six OF tn. trade
appointed and the auctoneers have merely commission
for the sale The charges including commission guaran
tee in rrest and discount nine and half per cent
Books 10 the value of perhaps half million of dollars viii
exchange hands but the amount OF money that changes
hands il comparatively small The attendance Of tn,
trade at the present sale very large and there sscsrcey
town in The State that is not represented besides Phls
dc,phia Boston and the cities of other States