COMMERCIAL N.Z. Market Research Society Formed

Press, Volume CI, Issue 29748, 15 February 1962, Page 18

COMMERCIAL N.Z. Market Research Society Formed

A market research society will be formed in New Zealand next week. Formation of the society follows an inaugural meeting in Wellington recently of eight market research workers. To be known as the Market Research Society of New Zealand, the society aims at the education, assistance and ultimate setting up of standards for those engaged in market research.

and at the promotion among commercial interests of a proper understanding and acceptance of the principles of market research. Those who attended the inaugural meeting were: Messrs W. Taylor (N.Z. Wool Board), G. Howard (A. C. Nielsen), J. Belich (J. Inglis Wright), A. Withers (Research Marketing Services. Ltd.), S. Kuzmicich (Department of Statistics). F. Reid (Market Research N.Z., Ltd.), D. Butler (Lintas Proprietary), and W. L. Keen (N.Z. Meat and Wool Board Economic Service). The first meeting of the new society will be held in Wellington next Thursday. Professor F. W. Holmes, Professor of Economics at Victoria University, will speak on the economic framework for market research in New Zealand. Mr C. K. Simpson, of Bristol Myers Pty., Ltdwill speak on international aspects of market research, and Mr D. Hudig. of Philips Electrical Industries of N.Z., Ltd., will speak on the need for market research in New Zealand.

C.F.M. YEAR

Annual Meeting

The annual general meeting of trie Canterbury Frozen Meat Company, Ltd., was held on Tuesday, February 13, when the directors’ report and statement of accounts as printed were received and adopted and the directors’ recommendation for dividends was approved. In speaking to the report and statement of accounts, the chairman, Mr L. D. Cotterill, said that he wished to correct the chairman’s report where it was erroneously stated that Mr John Deans’s No. 1 Southdown Stud had been dispersed, whereas actually it was still in existence, 99 years after it was founded.

Referring to current trading conditions, the Chairman said that present prices were showing some margin over costs but that there was a big weight of meat due to arrive in the United Kingdom in the next few weeks and prices, particularly for light weights, showed some tendency to weaken. He drew attention to the fact that although the freezing charge had been increased. the lighter weights meant that there would be little improvement in the processing accounts this year unless there was a substantial increase in killings. The retiring directors, Messrs L D. Cotterill, S. E. Mair and J. A. G. Fulton were re-elected to the board. The auditors, Messrs Stewart, Beckett and Company continue in office for a further twelve months. Mr C. A. E. Ferguson moved a vote of thanks to the directors, management and staff. This was seconded by Mr J. N. Crawford and carried.

rhe chairman expressed his thanks on behalf of the directors, and Mr R. D. Iles, the general manager, on behalf of the management and staff. (Extended report by arrangement.)