Huge Growth of the Postal C.O.D. System

Sun (Auckland), Volume II, Issue 572, 26 January 1929, Page 19

Huge Growth of the Postal C.O.D. System

3,000 p.c. INCREASE IN 5 YEARS

Unusual Facilities Offered

THE latest and most interesting development in co-operative I * buying will shortly be launched in Auckland in a company for importing goods C.O.D. Shortly stated, the objects are to provide the public with all classes of goods, at reasonable prices, direct from the manufacturers, and to provide the means whereby the public may import their requirements direct.

company proposes to. open up- | to-date showrooms in Auckland, *ith a complete range of samples, direct from manufacturers in Great ■Britain. Orders can be placed for deliverJ, c ° d.. according to sample. i he advantages of this system are manifold. Firstly, goods will be much cheaper, partly because business will De done direc t with the great mills and xactories, thus cutting out the middleman s profit, which goes to swell the price, and partly because under the present postal C.O.D. system the buyer P&ys duty on the British retail price, y“; ,e with this company the buyer will pay duty on the wholesale prices. , urther. the present system allows only of the purchase of goods which ° an J ea< ***y he posted, but bujers can Purchase from this company any class oC irrespective of weight. This business will be carried on by me C.O.D. Importing Co.. Ltd. (to be *Q^ r P°ra.ted under the Companies Act, 190 S). The purchase of shares entitles °ne to membership, the advantages of which are, first, an average of 10 per discount on all purchases (in ad- 1 iKi° n *° i >u yi n S in the cheapest pos- ] sible market), and participation in the J of profits. ( company will derive its profits i h*om the special discounts allowed to 1 the company by the manufacturers, * varying from 15 per cent, to 33 1-3 per cent. The company will also indent I on a commission basis from Great s? ■Britain any class of articles, and in any s quantity, and will be entitled to com- n frnssions on insurance, and will benefit i by epee la I reductions on samples. I h

As far as the company is concerned, the C.O.D. and indent system means the avoidance of all financial risks in carrying huge stocks, and consequent loss in changes of fashion. The company will be able to draw on the huge stocks of the manufacturers, as per agreements already made. The company will have the benefit of the huge business which is already transacted by mail order c.0.d., as residents of New Zealand who are in the habit of purchasing in this manner will be able to order through this company. The promoters of the company have obtained the New Zealand agency for the great Lnglish footwear firm of Messrs. William Barratt and Co., Ltd., Northampton, a firm which manufactures 20,000 pairs of shoes weekly. Trading arrangements have been made with the following pottery firms: The Fenton Pottery Co., Royal Fenton Works, Staffordshire; the China Street Pottery Co., Staffordshire; and the Hanover Pottery Co., Stoke-on-Trent, arid other arrangements have been made in England for all classes of goods, including furs. Irish linen. Manchester goods, carpets, musical instruments. wire, linseed oil, glass, motor lubricating oil, tyres, tubes, and accessories. . _ The company’s address is Sate Deposit Buildings, High Street. Membership shares are 10s each, payable 2s a share on application, 2s a share on allotment, and Is a share per month if required. Early application is neces-