Abstract: Apparatus is disclosed for printing encoded markings on elongated material comprising a first disc (41) having raised lands (46) extending between central and peripheral disc regions, and a second disc (42) mounted to the first disc flush against the raised lands. A third disc (40) having raised lands is mounted to the second disc with its raised lands flush against the second disc. Means (61, 62) are provided for altering the radial position of the first and second discs relative to each other.