JUNIOR CHAMBER OF COMMERCE.

Press, Volume LXVIII, Issue 20630, 20 August 1932, Page 16

JUNIOR CHAMBER OF COMMERCE.

PROGRESS OF MOVEMENT IN CHRISTCHURCH. .Replying io an enquiry yesterday as to the progress being made with the establishment of a juuior Chamber of Commerce in Christchureh as an adjunct to the Canterbury Chamber of Commerce. Mr J. Roy Smith, secretary ol the Chamber, btated that already enquiries "\v?re being made at his oflicc regarding the formation of a junior Chamber of in this City, and at present the names of those interested were being registered in view of the preliminary meeting proposed to be held next month. Objects Outlined. '• The purpose i'or which junior Chambers of Commerce have been formed,' Xr Smith said, "may be stated under two main heads. The first is educational, that is, the encouraging of younger business men, by discussion, study, and observation, to inform themselves of the way in which business is conducted, and also how government, both local and general, is carried 011. A member familiar with the details of one particular business is in a position to assist his fellow-members, by explaining in detail how that business is operated; in return he receives information regarding the operation of other businesses. In this way a wider grasp of the principles underlying our commercial system is gained, and this information is a valuable foundation for a general 'commercial career. Community Service. "The second object is to encourage community service, very much on the same lines as those followed by the senior Chamber. This work is done under the auspices, and with the full assistance and cognisance, of the senior Chamber. No system is perfect, and there are very many practical and useful improvements which can be brought about, both in our methods of doing business, and in the facilities which are available for communication, for transport, and for the handling of goods, and all those essential links between buyer and seller, and between producer and consumer. Better and smoother methods of work are essential and are the result of thought and are important factors in the gradual process of evolution. The junior Chamber of Commerce can help to speed up these processes by actively investigating the problems. In this way it will be possible for the young commercial men of this City not only to cultivate a civic and commercial spirit amongst themselves, but, by taking an active interest in matters affecting both civic and commercial life, contribute from a new aspect solutions for present-day problems, and practical methods for surmounting existing difficulties. The junior Chamber of Commerce will be trolled by its own members, and will be self-supporting, but its public utterances, naturally, will be submitted for confirmation to the senior Chamber." Success in Business. Concluding his remarks, llr Smith quoted, as appropriate, the following opinions of Sir Josiah Stamp:— "Qualities that make for success are hard "work, the ability to take'a long shot, arid to be prepared, perhaps years ahead, for the kind of task that may come along; .the faculty for enjoying whatever the job is, and getting every dunce out of it, and the ability not to think too much of the immediate £ sd. Practice in making decisions upon a varied presentment of facts as to the policy that should be adopted, should be indulged in long before the individual is in such a position that decisions are really required from him. He can then silently check his findings against those that are actually adopted by his superiors, and can, by self-questioning ascertain why and where his judgment has differed. Many people engaged on ' routine work do not exercise their minds upon it beyond the stage that is actually required from them. Self-posses-sion and courage are more valuable than' self-assurance and cheek."

HUDDART, PARKER CO.

INTERIM DIVIDEND. (PEE3S ASSOCIATION TELEG3AM.) WELLINGTON, August 19. The/Wellington office of Huddart, Parker arid Co. has informed the Stock Exchange that advice has been received from the head office, Melbourne, that an interim dividend will be paid on September 15th of 3 per cent, on preference shares and 2i per cent, on ordinary shares.. The interim dividend in September last year was 3 per cent, preference and 2J, per cent, ordinary, and the final dividends in March the same. PRICE OF GOLD. (USITKB I'RESS ASSOCIATION— B? ELECTRIC TELEGRAPH—COPYRIGHT.) (Received August 19th, 5.5 p.m.) • LONDON. August 18. Gold (per fine ounce) is quoted as follows: £ s. d. August, 18th ... ... 518 7 August 17th ... ... 5 18 7 August Kith ... ... 518 0 PRICE OF SILVER. (BRITI3J OFFICIAL WIRELESS.) (Received August 19th, 5.5 p.m.) RUGBY, August 18. Silver (pence an ounce) is quoted as follows: Aug. 17th. Aug. 18th. Spot ... 18 1-16 17 15-1(3 Forward .... 18 J

CURRENCY CONTROL.

WELLINGTON- RESOLUTION. (press association telugsam j WELLING TO X, August J9. A resolution carried by a meeting of 2<!UO citizens, addressed by Mr 11. Atmore, M.P., and Mr A. N. Field, urged the Government — (1) To establish a Currency Control Board •with the sole right of note issue, and with absolute control of credit. (-) To issue sufficient money by the said Currency Control Board, to restore normal conditions in agriculture, industry, and employment, by liberalising the distribution of- money and thus liberalising the distribution of production. (3) The regulation thereafter by the Currency Control Board of the quantity of paper money in circulation, so as to maintain a stable price level within the Dominion. (4) That it was the function of the State to maintain conditions under which all citizens should have an opportunity of engaging in remunerative labour and that all should have security from the fear of want in old age and disability. AUSTRALIAN WOOL. RANGE OF JAPANESE PURCHASES. (UNITED PKESS ASSOCIATION —Bl' KLECTIUC TELEGRAPH—COrVBIOHT.) BRISBANE, August 19. Japan this season will require from Australia approximately 600,000 bales of wool, providing the classing and quality are up to the former standard. This estimate was made by Mr K. lvurashigo, of Kanomatsu and Company, who passed through Brisbane after a visit to Japan. Hp added that Australia, however, would have to pay more attention to classing her wool if she wished her good name for first-class wool to be maintained in Japan. BRADFORD TOPS MARKET. (UNITED PRESS ASSOCIATION'—BY ELECTRIC TELEGBAPH—COPYRIGHT.) LONDON, August IS. On the Bradford top's n?arket business is small. Quotations — Aug. 11th. Aug. ISth. d. d. 70's ; .. 23 ' 23J 64's .. 22 . 22 60's .. 21 21 56's ..17 17 AO's .. 12 11146's 94 10 40's . 'J 9 ts-'jjt--STOCKS AND SHARES. LONDON QUOTATIONS. (UNITED I'RBSS ASSOCIATION—nv ELECTRIC V TEtEOEAIB—COPYRIGHT-} ~ LONDON. August 18. P. arid O. deferred stock is quoted at 19s Bld. . Mt. Lyell shares:—l6s lO^d. DAIRY BOARD. ELECTION NEXT MONTH. (I-RESS ASSOCIATION TELEGRAM.) WELLINGTON, August 19. Three retiring members of the Dairy Produce Board, including the chairman, Mr W. A. lorns, are opposed by other nominated candidates, and will have to face an election on September 13th. The nominations, which closed to-day, are:— • Ward 5—J.,. B. Corrigan (Hawera) (retiring member), C. H. Burnett (Wanganui), C. G. C. Permer (Cheltenham). Ward 6—W. A. lorns (Martinborough) (retiring member and chairman), A. IT. Hansen (To Kehunga, Dannevirke). , Ward 9—J. Dunlop (Seaward Downs) (retiring member), J. Bourcltier (Mokotua).

BUTTER AND CHEESE. PRICES IN LONDON. (UKITED PRESS ASSOCIATION—BY ELECTEIC TELEGRAPH —COPYRIGHT.) LONDON, August 18. Butter—The market is firm. Quotations:— Danish—ll2s to 114s per cwt. New Zealand, choicest salted, 109s to 110s; Australian, choicest salted, 102s to 103s. New Zealand, unsalted 108s to 110s; Australian, unsalted, 104s to 108s. Cheese —Market firm. Quotations: —■ New Zealand, coloured u7s; New Zealand, white 625; Australian, white 56s to 60s. •-■■■« Dalgety and Co., Ltd.. have received the following cablegram from Samuel Page arid Son, dated London, August 18th:— Buttei; —Market firm. Danish 110s to 112s, finest New Zealand 107s to 110s, finest Auslralian unsalted 104s to 107s, salted 100s to 103s, g.a.q. 96s to 995. Danish butter slow. . Cheese—Market firm. Quotations: New Zealand white 61s to 625. and coloured 56s to 58s, Canadian spot white 60s to 625, and coloured 60s to 61s, Canadian .c.i.f. 62s to 635. New Zealand coloured cheese slow. The National Mortgage and Agency Co. of New Zealand, Ltd., advise having received the following message from their principals, Messrs A. J. Milla and Co., Ltd., London:— Butter—Market is quiet. New Zealand, finest 110s, firsts 107s to 108s, unsalted IUGs to iCSs; Danish, J 12a to 114s; ■ Australian, 101s to J 08s. Cheese—Market is firm. White G'.'s. coloured 575; Canadian c.i.f., 625.

BEET SUGAR. LONDON'. August IS. Beet sugar, is quoted as follows:—September 6s 6d. Have you anything to sell—Do you wish to buy? If so a small advertise ment in the classified section of The Pbess will be all you need.' 12 words Is, three insertions 2s 6d. —6