COUPON TRADING

Grey River Argus, 19 December 1930, Page 4

COUPON TRADING

TO BE STOPPED Government’s Decision (Per Press Association.) WELLINGTON, December 18. The M.nister of Industries Commerce, Hon. Mr de la Perrelle, announced to-day that the Government had decided to prohibit the issue of al- forms of trad ng stamps and trading g ft coupons after 30th June, 1931. Nece' sary regulations will probably be gazetted’next week. “During the past t.‘w weeks,” said the Minister, “innumerable representations have been made to the Government by organisations of retailers, merchants, manufa turers and traders throughout the Dominion for the suppression of gift coup n schemes in their various forms other than that fyst-em which involves the g anting of a percentage discount based o‘.i cash, or usual credit terms. The Government has carefully considered these representations, and the result of investigations made into the matter showed that the operations of trading stamp companies in New Zealand and the use and extension of ri mewhat s milar gift coupcAi schemes by other trading concerns, are nomic—that in general they serve essential purpose in the distrifesjw of commodities, and that ultimarCTy the cost of such schemes must be borne either w o ly or- in part by the consume:’, thus adding to the cost of ’iving. The Governmc'nt considers it most undes ruble, especially at the present difficult per’od. that these schemes should be permitted to continue. The ordinary discount grant ed for cash or the usual credit terms is not affected by the operations of .he egulations about to be issued. Provision is being made for the redempti n of trading stamp.' and gift coir un.s up to 31st July 1931, wh ch s g‘.ic month after the issue of tradng stamp; and trading gift coupons ,mu t cease. The interests of tne general public in this direction are thus being safeguarded as far as possible, time being granted to enable them to antinue with the collection of stamps or coupons entitling the holders to g fts of various k?ids. At the same t me the interests of trading stamp con panics and traders are also being conserved to a rea onab e degree by reason of their being allowed sufficient time in which to dispose of their stocks of gifts.” The Min ster added that as far back as 1908 the Trading-Stamps Pro--1111/ti n and Discount-Stamps Issue Act was passed for the purpose of prohibiting particular schemes similar to the “universal” coupon scheme. A flaw has been revealed that Act and in order that actio*iW could be taken without waiting until next session, prohibitive regulations are being issued. The amendment of the Act itself will be considered in ■ onnectiG*.! with the* Government’s Legislative programme next session. J. 11. Keddie. Chemist and Photo Dealer, wishes his customers on the West Coast a Merry Christmas and the Compliments of the Season, and announces that he is making a 10 per cent reductic‘.i nil all recently imported toilet articles, presentation sets, and Xmas Gifts from the world’s leading makers. See window display at Keddie’s, Chemist,, opp. Post Office.— Advt. The following is the prize list at th. ■> Dobson School, which closes today for the Christmas vacation and reopens on the 3rd of February 1931: —Std. 6. David Ewan, Ist, William Pell 2nd; Std. 5. Greta Marsha] Ist. Doreen Thomson 2nd: Std. 4. Arthur Guthberlet Ist. Tom Ford 2nd; Std. 3. Joy Hunter Ist, Jean Murray 2nd; Std 1 . 2. Margaret Stevenson Ist, Joe McCullum 2nd; Std. 1. Jesse Ewan Ist, Jean Cowan 2nd; P. 4. Agnes Smith Ist, Robert Mitchell 2nd; P. 3. J(.hn White Ist, Andrew Guk’>erlct 2nd; P. 1. Mavis Murray Isfjljletty Erskine 2nd. * Commonsensc presents at lower prices: Children’s Boxed Handkerchiefs, 1/-, 1/6, 1/11. 2/6; Ladies’ Swiss Embroidered Boxed Handkerchiefs, 1/11, 2/6, 3/11, 5/11, 7/6, 9/11 to 35/-; Ladies’ Art Silk Hose, 1/10, 26. 3/10; Ladies’ Silk Hose 4/11, 6/11. 6/11, 12/6; Children’s Fancy Socks 1/-, 1/6, 1/11, 2/6. “We Sell for Less.” —Thorpy’s Economy Warehouse, Greymouth, Reefton, Westport. —Advt. With Xmas only a few’ weeks away it’s none too early to select your Xmas gifts. If “what to give” is your problem, solve it easily and appropriately with Furniture — the gift of thoughtfulness and lasting remembrances. You will fi*id beautiful, practical, and serviceable goods at Harley’s, the Complete House Furnishers, Greymouth, at prices to meet your requirements.—Advt. The fol owing handicaps hav* be/# declared for the four events at th ; b evening’s cycle sports at Victoria Sports at 6.45 p.m., under the auspices of the United Cycling Club:— Mens’ jmile: J. Henderson scr. 11. Turtill syds, S. Havill, E. Thomas. 11. G. M ilson 15, W. Innes 20, R. Kaye R. Honey, P. Duffy, W. Wi dernionth, C. Corbin 35, C. Watson, D. Greaney, I’. Bradley, E. Swift, 40. W. Glenn, A. Thompson 45. J. Doig 50. 1£ miles: J- Henderson scr, 11. Turtill 15, S Havill, E. Thomas. 11. G. W Ison, 60 W. Innes 70, R. Kaye, R. Honey, P. Duffy 130. W. Wildermouth. C. Cor bin 150, C. Watson 180. D. Greaney, F. Bradley, E. Swift 220. W. Glenn. A. Thompson, J. Doig 250. Boy’s Race under 18 ho 1 f. mile: R- Kay scr. P. Duffy 10, D. Greaney, F. Bradley 35. E. Swift 40, A. Thompson 50, J. Daniels 60, L. Hogarth 70, One M)lc: R. Kay scr. P. Duffy 15, D/ Greaney, F. Bradley 50. E. Swift 65, A. Tompson 95, J. Daniel 100. L. Ilowgarth 100. The Ashes have been regained by Australia from England and deservedly so. They proved on this occasion to be superior both in quantity and quality. This is also th© case with Dewar’s Imperial Whisky, with the exception of the quantity, a nip each afternoon will suffice to enliven your spirits. The quality anj name are outstanding and the words Dewar’s Whisky is a password among all hotel* keepers. Griffen and Smith are the West Coast agents; and Dewar’s Imperial may also be obtained from the firm’s branch at Westport.—Advt.