WHOLESALER’S ROLE IN BUSINESS

Press, Volume XCI, Issue 27591, 23 February 1955, Page 14

WHOLESALER’S ROLE IN BUSINESS

i APPRAISAL BY MR H. R. LAKE, M.P. * The part played by the wholesaler Hr the business community was apt praised by Mr H. R. Lake, member I i»f Parliament for Lyttelton, when i /peaking at the inaugural function, ‘ jield at the Takahe this week, of the ipiew Zealand Wholesale Hardware f Ijcer chants* Guild, the New Zealand J plumbers’ Merchants’ Guild, and as- | liociated guilds. [ He for one appreciated the value of i (he wholesaler to the community, said i IHr Lake. “The wholesaler imports t* (and carries stocks, he ensures the ’widest distribution, he looks after the J (aeeds of the small retailers, who rely t him to a very large extent, as he ; studies world markets and keeps a variety of stocks. Tn giving this ser*yice, the wholesaler. has considerable « Overhead expenses and is entitled to a ‘ flair mark-up.” Mr Lake said. • All Solent Mark IV flying-boats t (throughout the world were grounded H n>n Sunday because of an unspecified • {Vault. Tasman Empire Airways, which - operates one Solent on the Coral irbute to Tahiti, received a cablegram this effect. The cablegram, from the 5/7Air Registration Board of the United ordered the aircraft to be •W’ pending “an inspection.” 2? he order has caught TEAL with 30 : gpasengers in Western Samoa They are the Aranui bound for Aitutaki and “■ ITahitL A TEAL representative said the would be looked after in pamoa until the aircraft was cleared : foy the Air Registration Board. TasIman Empire Airways has been flying ; iSolents for acme years, although re- - (tenfiy an on the Australian run * ‘were replaced with DC-6 iu liners. The file flying-boats ij mWGS « accident-