TO AID CHEMISTS

Wanganui Chronicle, Volume 80, Issue 131, 4 June 1937, Page 8

TO AID CHEMISTS

MEW COMPANY FORMED UNIFIED DISTRIBUTIONS ASSISTANCE TO N.Z. GUILD l Per 1 ie* Association. ] AUCKLAND, June 3. For the puipuse oi improving uistnoution 01 gouus among retail catmints throughout New Zealand ana io promote iunner and protect tne interests of the Chemists Service uuiiu of New Zealanu, a company caueu uilseal, Limteu, has been registered in AucKland. its creation is uie result of long negotiations and uiscusiions in the inuustry. Although the objects of the company set forth in the memorandum ol association, are very comprehensive, including that of uulk uuying, me present intention is to coniine operations to purchasing through tne most advantageous sources aiiu to pacKiug, by the wholesale interests oi chiefly standard lines, possioiy with the company's traue ifiarK. ijic iict that the capital oi the company is a nominal one oi tluu suggests mat there is no present intention to carry out in run tne oojects ot the company as outlined in tne memorandum ox association. One of the objects of the company is to enable memoers of tne Chemists' service Guild to obtain tne benems and services of a co-operative, manufacturing, pacicing ana ouying ana distributing organisation for tneir professional anu bumess purpoes. i- urtner, inert »s a provision to enter uuo arranged with any national or local autnorny, or any association or society, lor the promotion and conduct of health or ineuical services; io make rebates and allow' special discounts on purenases to any purchui. ers of goous or services, and particularly to purchasers wno are members of tne Chemists Sendee Guild, and to give financial or other assistance to the Chemists’ Service Guild anu to members thereof. The directors are Mr H. Trevelyan King, u|io is president of the guild; Mr S. Smith, vice-president oi the guild; and Mr R. Cotterail, treasuier of the guild. The secretary of the company is Mr M. D. Gray, public accountant, who is secretary of the guild. It was explained by Mr King that there was no intention to engage in bulk buying, as it was generally understood, but rather to arrange for bulk distributor! and packing or various standard lines. Nor was there any intention of concentrating in the purchases of one manufacturing company. Briefly, the idea was to get prices for the supply and packing of various lines ana to Except tnose offering the best advantages, both in price and quality. A concern entrusted with the supply of a particular line would be required to pack it, possibly under the trade mark of the Gilseal Company. Such packed lines would carry to the public a guarantee of quality. Buying would be very much on the system pursued by various chain stores. The directors of the company were selected as the executive officers of the guild, and they would hold shares on behalf of the guild. If it were desired to extend the activites of the company at any time capital could be increased.