THE FARMERS' TRADING COMPANY

Te Ao Hou, June 1961, Page 11

THE FARMERS' TRADING COMPANY Most valuable for our commercial practice students was the well conducted tour of the office of the Farmers' Trading Company. Here preliminary classroom work on the company and its office system would have been well worth while had we been able to get the necessary information in advance. The Farmers' have five types of accounts (cash, monthly, lay-by, time payment, and savings bank) and the system used for each type of trading is explained in full detail by a very competent officer. What impressed the children most was the microfilming of monthly statements—so many million statements in one small cupboard. Visitors are also shown the cycle billing system, the method of checking and analysing cash, the multigraph room, and the records system. However, some teachers may find some difficulty in moving all of the young back-country visitors down the escalators, past six stories of sumptuous displays, into the open air.