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COMMERCIAL TRAVELLERS.

REPORT ON CLUB'S WORK. GIFTS TO CHARITIES. FINANCIAL POSITION SOUND. "After carefully considering this report it must 1 e brought home to every member that owing to the strenuous times we are passing through it is more necessary now than at any other time that we roccivo their full support and loyalty," states the executive of the Auckland Commercial Travellers and Warehousemen's Association in the 30th annual report, to be submitted to members to-morrow evening. A loss of £43 18/10, compared with a profit of £602 13/3 the (previous year, is reported, and this is attributed to a drop in takings in all departments and a falling off in revenue from entrance fees and subscriptions. A saving of £166 I<V4 was imadc in expenses. The total number of members in 1930 was 1133, and in 1931, 1024—a decrease of 109. The house committee reported that a careful watch had been kept in the purchases of the association. Expenditure 'had ibecn kept to the minimum, and overhead charges made as light as .possible. The efficiency of the staff was well maintained. It was felt that trading conditions would improve with the expected return of business .prosperity in 1932. During the year £921 10/ was paid out of the insurance fund for accident and sickness claims. In this department healthy reserve funds and investments were reported. The hope was expressed that the end of the year 1932 would see a large increase in the number of policy holders, as the annual premium is only £2 12/6 and the benefits are extensive. Socially, the year has been a most successful one, and it has been recommended that a similar programme should be carried out for the next twelve months. In the Cause of Charity. During the year concerts in aid of charity wore given at Rotorua, Devonport, and Whangarei, the net amount collected being £151. The sum of £240 17/2 was raised for the sufferers in the Hawkes Bay earthquake area. The orphan children of Auckland were entertained at Christinas time in 1930. Owing to the distress existing in the city last Christmas, it was decided to assist the poor and needy, ana £180 was distributed to the various charitable organisations to purchase food, etc. The trustees of the -blind soldiera and sailors' fund continued to look after the interests of blind soldiers and their families in the district, and wished to express thanks to the trustees in Wellington for the sympathetic manner in which all requests were dealt with.

\ total of £889 11/, which was an increase of £599 12/ over the previous year, was paid out of the mortuary benefit fund during 1931. The amount of credit of this fund is now £12,876 12/4, .being an. increase for the year of £474 8,6.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19320121.2.20

Bibliographic details

Auckland Star, Issue 17, 21 January 1932, Page 3

Word Count
464

COMMERCIAL TRAVELLERS. Auckland Star, Issue 17, 21 January 1932, Page 3

COMMERCIAL TRAVELLERS. Auckland Star, Issue 17, 21 January 1932, Page 3