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11'II.Olll @I)lltiftble KO-Opi. - Lincolnshire Co-operative Archive

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$<strong>11'II</strong>.<strong>Olll</strong> <strong>@I</strong>)<strong>lltiftble</strong> <strong>KO</strong>-<strong>Opi</strong>.'L Atllll.'<br />

COMEHTTEE OP MANAGEMENT.<br />

/~ltd. 14'v) & fI'jl QOI. il.'tIy, g iIIIitl:iI.<br />

«Mr. J. W. CODLIN(', President ... , , 27 «Mr. GEO, SHARPE, , .. ., '&I «Mr. FRANK SWABY<br />

«Mr. WM. COULSON, Treasarer. ... 25 Mr. M. SMALLER ... , . .. . 28 Mr. HENRY DUCKWORTH<br />

«Mr. DUNCAN McINNES, Secretary .. 22 'Mr. W. HEWSON . ... ... . ... 28 Mr. WILLIAM TURNER<br />

Mr. W. B.HOWARD . ... ... ... 28 Mr. IIOBERT FISHER ... . . . . . ... 28<br />

AUD(Toss —Mr. JAS. ORANGE, «Mr. W, P. ARMSTRONG, «Mr. W. P. ROBERT.'. Casu(as —Mr. FRED STEPHENSON.<br />

' Retiring hlemhera, each eligible for r«-il«ation. 28 <strong>Co</strong>mmittee Meetings have been held daring the Quarter.<br />

Tlia President, Treasurer, Secretary aad two Aaditot'a al'c aaoppos«d.<br />

Th«Can&iidatea aominat«d for the ('orna&itt««of Managimaat are. : Be«on, G«v&rg '; Gad 1, Chai'1«s i H«i«so&i, &Vdtiam; (iati«k, Ch,irles;<br />

Rohert-, Joseph; Sharp«, George; Swahy, Fran&i Mea&hiws maai n»x vot« for more th.ia Thr«('andid. it«a<br />

Votes mu t h«given by mak'a a X opp«&si& ~ 'o<br />

t'ii namia of the raa&tide(vs a l«et«if«« aapp «(.. Ea h ai iah«r aiuvi show hia o«hi rl'aaa<br />

to obt iin a<br />

Caid<br />

v tie paper f«om the person who iv«a them oat. '1 h«haa& «of vi&iiag ar« fro&a seven till aine p ai, on MoaihiyA agua& (&th, I(«&.<br />

DEPARTMENTAL COMMITTEE.<br />

Booze ... . Mesa«s. (&OULSON, CODLING J& SHARPS. Du«Paar A TAIloRING. . M ' ~sra. FISHER, 8 WARY A DVCKWORTH.<br />

Bnrcusax ... Maser. . HOWARD, SHABPE &2 TURNER. Fxsdx(cs ... . ... ...Mvssva. M«INNSIL C(&ULSON A HOWARD.<br />

Buxcmuos ... Me«sr«. CODLING, SMALLER, HEWSONASWABY. Gaocuav ... ... ... ...Maser«. SMALLER, HEWSON A TURNER.<br />

<strong>Co</strong>un ... ... Messrs. HOW KRD, DVCKWORTH A TURNER. Rox,r xuo A Lxvx Szocx. ..Messrs. SMALLER, HEWSON A FISHER.<br />

TO THE MEMBERS,<br />

Fau&uxuu ... ... Messrs. SHARPS, FISHER, SWABY A DUCKWORTH.<br />

COIKMITTEE&S REPORT.<br />

We beg to submit to you the (55th Quarterly Report and Be(ance Sheet. The total amount received for goods sold during the quarter<br />

is j'56,884 (9s. xod., being an increase of A 5,459 xos. Sd. over last quarter, and A 3,z9z xzs. x$d. over the corresponding quarter of last year.<br />

The net profit on the quarter's business, including x( x88 6s. 5d. brought forward from last quarter, is +6,z84 5s. 8d., which sum will allow<br />

x( x,65& (7s. zgd. as interest, +3,9y5 as dividend, being xs. 6d. in the g on Members* Purchases, and A'z4 &6s. od., being Sd. in the &r. on<br />

Purchases of Non-Members; &( z5( x3s. 8d. being z$ per cent. per annum for depreciation of Branch and <strong>Co</strong>ttage Property; $(87 xos. od<br />

being xo per cbnt. depreciation of Fixed Stock; &('5z being 5 per cent. depreciation of Milling Plant; &(68 for Educational Purposes; I( x5<br />

for the Workmen's Insurance Fund, and $58 8s. 9zsd. carried forward to next Quarter. z6o persons have joined the Society within the<br />

Quarter, 98 have withdrawn, z4o have been struck ofi; and x8 forfeited as per rule, making the present number 9,538.<br />

During the long period that has elapsed since the establishment of the Society there has gradually been accumulating a number of<br />

small amounts of unclaimed dividend, belonging to persons who are dead or who have gone away leaving no address. These sums, amounting<br />

to $3yx r9s. xd, we have now added to the Reserve Fund, and have struck off the lapsed members, numbering z4o, to whose credit hitherto<br />

the money has been standing.<br />

In respect to the motion on the Agenda for advancing the salaries of the Auditors, before it vvas received, pursuant to a promise<br />

made at last Quarterly Meeting, we had circularised z6 large societies, asking the amount of remuneration they allow for auditing, and had<br />

obtained their replies, which will be tabulated and submitted to the Annual Meeting.<br />

Our Buildmg Department has now in progress contracts to the value of $6,xxo obtained by tender. As regards work for the<br />

Society, the extensions at Bracebridge Branch are finished, and fair progress is being made with the new branches in Ripon Street and Winn<br />

Street The eight dwelling-houses in New Boultham are now tenanted, as also are four recently built at Bardney. There are now xz4<br />

workpeople employed in connection with the Building Department Workshops in Tanner's Lane. As we have also an excellent plant of<br />

modern machinery, we believe that this branch of work can be continued and extended on lines profitable to the Society<br />

and satisfactory to the workpeople. The strike of builders' labourers has raised our wage bill considerably, inasmuch as we conceded at the<br />

outset the advance asked for by the men, pending a settlement of the dispute.<br />

Realizing that the purchasing power of our members at the <strong>Co</strong>untry Branches is only small, owing to their low earnings, we are<br />

making arrangements to hold a special show and sale of excellent Ready-made Suits and other articles of Clothing and Drapexy at the largest<br />

branches daring the autumn. We are obtaining direct from the C(woperatfve Wholesale Society's Ready-mades Clothing Factories suitable<br />

lines of Goods, which will be dffered at terms such as will constitute these sales as great an annual feature of the future at the Branches as<br />

they have long been at the Central in Lincoiri.<br />

A branch of business recently added in the Furnishing Department, namely, that of repairing clocks, watches, and jeweUery& seems<br />

to have met a felt want among the mcxnbers, as a large ainount of business is being done already. Attention is directed to the Racer(f&, giving<br />

prices (&f tepglxg fox this class of tsures.<br />

28<br />

28


„Ssle of Goads, Central Grocery<br />

Drapery snd MiUinery<br />

Bool. Gnd Shoe. .......<br />

Butchery ............<br />

HIdes, Skms, Fst, Ac.<br />

<strong>Co</strong>als ................<br />

Tailoring A Outfitting<br />

Furnishing<br />

MiB .........., .............<br />

Building Department<br />

Vicarage Farm<br />

Hykehsm Farm<br />

Bracebridge, No. 1 Branch. ...<br />

Burton Rosa, No 2 Branch ..<br />

Shakespeare St., No. 3 Branch<br />

Ripon Street, No. 4 Branch<br />

Welbourn, No. 5 Branch. .....<br />

Meiheringham, Nc 6 Branch ..<br />

G. N. Terrace, No. 7 Branch<br />

Ssxilby, No. 8 Branch ........<br />

Bsggholme Road, No. 9 Brsoch<br />

Newlsnd St.W., No. 10 Branch<br />

Bsrdney, No. 11 Branch. .....<br />

Horncsstle, No. 12 Branch. ...<br />

Sleaford, No. 13 Branch ......<br />

High Street, No. 14 Branch<br />

Market Rasen, No. 15 Branch<br />

Bsssinghsm, No. 16 Branch ..<br />

Reephsm, No. 17 Branch<br />

„Sale of <strong>Co</strong>sls-<br />

No. 1Brancn, . 2 85 9 lpt No. 10 Branch. .<br />

No. 2 „.. 1G5 1 Pt No. 11<br />

No. 3 „.. 121 11 9 No. 12<br />

No. 4 „.. 136 5 G No. 13<br />

No. 5 „ .. 12 8 4 No. 14<br />

No. 6 „ .. 83 11 1 No. 15<br />

No. 7 „.. 29 0 Q No. 16<br />

No. 8 „.. 39 8 7 No. 17<br />

No. 9 „.. 166 14 6<br />

„Additions to Share Capital. ..<br />

Loan Capital. ..<br />

„Deposits in Penny Bank-<br />

Centrsl. .....$1,169 4 9<br />

No. 1 Branch .. 16 17 11<br />

No. 2 „.. 2216 9<br />

No. 3 „.. 23 0 6<br />

No. 9 Branch<br />

No. 10<br />

No. 11<br />

No. 12<br />

No. 4 „.. 10 6 7 No. 13<br />

No. 5 „.. 29 9 6 No. 14<br />

No. 6 „.. 717 9 No. 15<br />

No. y „.. 13 18 6 No. 16<br />

No. 17<br />

No8„. . 510<br />

Financial Statement from Apnil 4th, to July 4th, 1900.<br />

Dr. CASH AC COUNT.<br />

DISBURSEMENTS.<br />

RECEIPTS. 5 s. d. s. d.<br />

To Cash in hand. ...............- ~""<br />

4ol 19 9 By Balance owina to Banks<br />

„AuomIT Pam pos Goons:—<br />

5,136 12<br />

4,138 2<br />

„ Grocery .....................<br />

2,558 12<br />

„Drapery snd Millinery<br />

022<br />

4,905 16<br />

Boat snd Shoe<br />

7<br />

427 9 1<br />

Bntcherzug<br />

857 5<br />

„<strong>Co</strong>als<br />

8,110 19<br />

„Tailoring snd Ouifitting. .., ...<br />

„Furnishing. ...... , ......, ...<br />

3~3—<br />

„Flour Mill ........ , .... ,<br />

1$<br />

„Building Department ......., .<br />

9$<br />

„Hykeham Farm<br />

„Vicarage Farm<br />

„Carriage of Goods<br />

<strong>Co</strong>al ....„.<br />

1,303 10<br />

SS 14<br />

12 5<br />

1,804 15<br />

1,888 10<br />

1,292 7<br />

2,050 9<br />

2,591 19 7<br />

1320 9<br />

327 0<br />

924 11<br />

0 I/2<br />

2t<br />

3/J<br />

1,798 5 4$<br />

992 8 6<br />

1,166 17 8<br />

2,089 16 7<br />

I,O4P 13 11<br />

1,327 17<br />

1,599 9 10$<br />

2,220 10 Gt<br />

4,005 9 11<br />

4<br />

102 5 It<br />

23 14 4<br />

168 18 10<br />

65 4 7JJ<br />

161 14 lt<br />

4 1 0<br />

6 0 1<br />

24 2<br />

0 18 11<br />

11 10 9<br />

12 9 P<br />

85 11 9<br />

415 2<br />

27 17 6<br />

10 2 10<br />

14 1 10<br />

419 2<br />

„Deposited in Provident Club. ............, ..<br />

„Repayments from House Purchasers —Members Propertya/c.<br />

„ Insurance Pund<br />

„Sale of FIzed Stock ......................., ,<br />

„Branch Managers' Bond<br />

„Rents, Central<br />

Newport .............., ..<br />

Shakespeare Street ........,.....<br />

RIpon Street ....................<br />

Great Northern Tezrace<br />

Gss Street ....................,<br />

Sincil Terrace<br />

Kesteven Street<br />

Chelmsford Street<br />

Tsnners' Lane snd High Street<br />

Smcii Banks .................., ..., .<br />

Bsrdney. .......................,...<br />

Horncsstle<br />

Welbourn<br />

John Street<br />

Bsggholme Road ......., ....., ...<br />

Florence Street<br />

Belmont Street<br />

New Bonlthsm. .., ,...., ..<br />

„Entrance Fees ................ , , ...<br />

„Transfer Fees<br />

„Nomination Fees. .............<br />

„Bale of Rzdea Canis and Cash Books, ...<br />

„ Interest and Ihvidend, <strong>Co</strong>-<strong>operative</strong> Printing Society ...<br />

Lincoln Hide sml Skin and Fst <strong>Co</strong>. ..., ... , ..<br />

Ruston. Proctor, and <strong>Co</strong>., Limited, Shares ..<br />

Debentures. ...<br />

Robey and <strong>Co</strong>., Limited, Debentums<br />

Lincoln <strong>Co</strong>rporation Stock<br />

„Dividend <strong>Co</strong>-<strong>operative</strong> Wholesale Society. ..<br />

„Bank Bslaucaw. ~,...„....,...,............. , ....<br />

1 0 0<br />

4 7 6<br />

8 2 0<br />

011 6<br />

514 0<br />

411 0<br />

20 16 0<br />

10 1 0<br />

2015 6<br />

215 4<br />

80 2 6<br />

1012 6<br />

1 5 0<br />

10 0 0<br />

613 0<br />

7 6 0<br />

2915 0<br />

38 14<br />

5 6<br />

56,884 19 10<br />

4,754 16 9<br />

1,617 9 9<br />

1,426 0 2<br />

666 4<br />

1,928 4 0<br />

5 0 0<br />

12 0 0<br />

50 0 0<br />

235 7 10<br />

13 18 0<br />

19 9<br />

8 10<br />

518 8<br />

'21 0 0<br />

21 0 0<br />

2418 4<br />

24 9 0'<br />

49 17 6$<br />

195 16 6<br />

6,947 6 4<br />

'.475,346 Py<br />

WAGER zoa Psoncczrzn LABOUE:—<br />

Grocery<br />

Drapery and Millinery<br />

Boot snd Shoe<br />

Butcheriug<br />

Tailoring and Outfitting. ...........<br />

Building Department<br />

Killers. ... . . . . .............. . , ....<br />

Hykehsm lasrm<br />

Vicarage I'arm<br />

WAGEE IOB DISTRIBUTIVE LABOUR:<br />

Grocery<br />

Drapery snd Millinery<br />

Boot and Shoe<br />

Butchering. ...<br />

Tailoring and'Outfitting .<br />

Furnishing. ................ , , , ...<br />

<strong>Co</strong>als<br />

Office<br />

<strong>Co</strong>AINIsszon ANO WAGER AT Tns BRANCNEE:—<br />

16,!197<br />

4,S'I2<br />

3,03J<br />

G,C)88<br />

1,905<br />

2,686<br />

2,9G4<br />

6,737<br />

2,885<br />

144<br />

163<br />

919<br />

87<br />

819<br />

165<br />

167<br />

S9<br />

GGG<br />

1,79S<br />

310<br />

92<br />

96<br />

s.<br />

0 4<br />

12 6<br />

0 0<br />

18 6<br />

7 4<br />

9 p<br />

19 1<br />

17 11<br />

18 11<br />

9 4<br />

6 4<br />

3,569 18 p<br />

19 5<br />

15 6<br />

49,032 2<br />

4 7<br />

8 0<br />

9 8<br />

8 3<br />

1ii 3<br />

19 11<br />

14 11<br />

0 8 o<br />

558 13 2<br />

202 1 6<br />

104 7 0<br />

155 12 0<br />

100 15 0<br />

171 2 2<br />

164 19 10<br />

200 5 4<br />

No. 1 Branch. . 54 13 8 No. 10 Branch. . 40 18 ii<br />

No. 2 „.. 45 2 0 No. 11<br />

No. 3 .. 37 12 0 No. 12<br />

No. 4 „.. 47 2 0 No. 13<br />

No. 5 „.. 152 1 8 No. 14<br />

NO. 6 „.. 98 15 0 No. 15<br />

No. 7 „.. 24 14 0 No. lfi<br />

No. S „.. 33 5 0 No. 17<br />

No. 9 „.. 42 4 5<br />

5216 0<br />

79 4 0<br />

147 4 8<br />

192 7 0<br />

76 14 0<br />

82 10 0<br />

33 1G 0<br />

„Withdrawals from Share Capital. ...., ... ,<br />

Lolul Capital<br />

Penny Bank ... , ... , , .<br />

„Additions to Fixed, Rolling, aud Live Stock Account<br />

Members' Property Acconnt ..................<br />

„ Interest on Branch Managers' Bonds ... , ......., .....<br />

„Horse Keep<br />

„Non-Members' Dzvzdend on XGG2/10/- at Sd In the 2<br />

„Educational Grant<br />

„Provzdent Club ....<br />

„Employees Outing (Reserve Pand). ......<br />

„Repayment of Bond<br />

„RENTS:—<br />

„Free School Lane. ..............................,<br />

„Vicarage Farm<br />

„Reephsm<br />

„ Stables. .....<br />

„Fiekl<br />

INVRE TAIPPITG:—<br />

Lincoln <strong>Co</strong>zporation Stock<br />

Shares in Sheffield Cutlery Society. ..<br />

GRNRRAI EEPREEEG:—<br />

„<strong>Co</strong>mmittee and Secretary's Salary .....<br />

„Auditors' Salary<br />

„Stocktsldng, Extending, Checking, dc. .<br />

„ Inssrance<br />

„Prmtmg, Stataonery and Adveriasmg ..<br />

„Postage Stamps snd Cheque Books. .. ,<br />

„Repsim<br />

„Rates and Taxes ..........., „...<br />

Gas . ..................<br />

„Delegates' Expenses. ...................<br />

„Travelling Expenses<br />

„Bank <strong>Co</strong>mmission snd Interest. ......., .....<br />

SUBGCEIPTIONG:—<br />

„Prosecution of Felons Society<br />

„Lincoln Chsmbez of <strong>Co</strong>mmerce<br />

„ Ifidlsml Instituaon for Blind<br />

„Women's Guild. .........<br />

,. <strong>Co</strong>-<strong>operative</strong> Union<br />

No 9 Dzstnct Mzdlsnd Sec <strong>Co</strong>-operstzve UBIOB<br />

2 9 9<br />

48 5 0<br />

315 0<br />

6 5 0<br />

16 5 0<br />

980 0 0<br />

2 1 6<br />

42 7 G<br />

18 15 0<br />

29 6 0<br />

75 1<br />

100 4 1<br />

32 15 11.<br />

828 2 lta<br />

222 18 64'<br />

104 9<br />

57 16 2-<br />

16 0<br />

1 13<br />

115 14<br />

5 8<br />

I 1<br />

5 5<br />

8 3<br />

5 0<br />

I 10<br />

6<br />

0 0<br />

0 00<br />

3,G04<br />

1,657 16 0<br />

1,197 19 6<br />

740S 3 5<br />

963 8 9<br />

1,199 11 10t<br />

156 0 0<br />

2,356 13 8<br />

91o 6<br />

257 11 0<br />

21 15 0<br />

65 0 0<br />

1,410 16 2<br />

73 3 0<br />

50 0 0<br />

76 19 9<br />

982 1 6<br />

1,161 7 6<br />

92 12 4t<br />

475,345 17


Dr. CAPITAI. ACC&lUNT. Cr.<br />

To Amount transferrerl to Reserve Fruul<br />

„ IV)thrlrawals<br />

„Forfeirs on W)tbdrawais, rlerlucted from I"ixerl Stook Account<br />

„ ili3 Deposits to Builrlin Account, at 5s. each<br />

„ I"ines<br />

„Allowed for Interest snrl Dividend, but not required<br />

„Present Claims of Members<br />

Dr.<br />

To Witbrlra)vale. . ..<br />

„Present Claims ..<br />

I'IXED<br />

Previous Additions Additions by Society's<br />

<strong>Co</strong>st. this Quarter. own Workmen.<br />

s d 2 s d 2 s d<br />

17,310 12 11 156 0 0 861 6 10 IV,S27<br />

Previous<br />

<strong>Co</strong>st.<br />

s d<br />

6,860 19 6<br />

Dr.<br />

To Bmployees' Outing<br />

„Balance .....,,.........<br />

Additions<br />

this Quarter.<br />

s d<br />

0 0 0<br />

Total<br />

<strong>Co</strong>st.<br />

s d<br />

19 9<br />

Total<br />

<strong>Co</strong>st.<br />

s d<br />

6,860 19 6<br />

y.<br />

871<br />

7,408<br />

10<br />

40<br />

110<br />

126.002<br />

s. d.<br />

19 I<br />

8<br />

11 8<br />

13& 0<br />

I 8 li<br />

7 )<br />

9 I<br />

218S 94)r 4 2<br />

LOAN CAPITAL ACCOUNT.<br />

By (.'spital as pcr last Balance Sheet<br />

„ interest on 15&4th Quarter .. . . ....<br />

„ lhvulewl cn 154th rlo<br />

, <strong>Co</strong>utributions<br />

s. d.<br />

9&i3 8 9 By Loans as pcr inst Bcku&rc Sheet ...<br />

„ Iutere*l, as per last lialance Sheet<br />

„<strong>Co</strong>ntributions .<br />

2811:15 8 0 ~<br />

224,298 lb 9<br />

ROLLING, AND LIVE STOCK ACCOUNT.<br />

MILLING PLANT ACCOUNT.<br />

s. d.<br />

1'&4,143 7 5<br />

1,250 0 0<br />

3,800 0 0<br />

4,754 16 9<br />

2138.949 4 2<br />

Cr<br />

2 s.<br />

s'& 477 19 11<br />

&pi 7 I<br />

1.1'a.7 9 9<br />

$24,298 16 9<br />

Depreciation Allowed by last Prom Sale of Live and Total Balance<br />

previously allowed. Balance Sheet. Fees, )kc. Pixed Stock. Depreciation. Nominal Value.<br />

s d 2 s rl 2 s d 2 s d 2 s d 2 s d<br />

10,106 14 4 180 0 0 29 8 8 12 0 0 10,828 S 0 7,459 16 9<br />

Depreciation<br />

previously allowed.<br />

s d<br />

2,680 19 G<br />

RESERVE FUND.<br />

s. d.<br />

78 8 0<br />

6,980 8<br />

27,053 6 GI<br />

Allowed by last<br />

Balance Sheet.<br />

2 s d<br />

58 0 0<br />

Dr.<br />

MEMBERS' PROPERTY ACCOUNT.<br />

s. d.<br />

To Amount advanced on Property ss per last Balance Sheet. ... 85,241 9 I<br />

„Advanced this Quarter ....................,............. 2,856 13 8<br />

237,598 2 4<br />

Total<br />

Depreciation.<br />

2 s «l<br />

2,738 19 6<br />

By Balance as per last Balance Sheet ..........<br />

„Old unclaime«l Share Accounts transferred<br />

„ Interest on Lincoln <strong>Co</strong>rporation Stook ......<br />

Interest on Buston's Debentmes. ...........<br />

,„<br />

„ Interest on Bobey's Debentures. .............<br />

By Bepsyments ss per Cash Account .<br />

„Less Interest. ....................<br />

Balance owing to Society<br />

Balance<br />

Nr, minsl Value.<br />

s rl<br />

4,197 0 0<br />

Cr.<br />

s. d.<br />

6,582 2<br />

871 19<br />

17<br />

24 16<br />

24 9<br />

7$<br />

I<br />

6<br />

4<br />

0<br />

27,053 6<br />

Cr.<br />

s. d. 2 s.<br />

1,928 4 P<br />

870 6 11<br />

1,557 17 I<br />

36,040 5 8<br />

287s598 2 4<br />

Dr. LAND AND ' BUILDINGS ACCOUNT. Cr.<br />

Property.<br />

Central Stores ......<br />

Bracebridge ........<br />

Newport. ...........<br />

Shakespeare Street ..<br />

Bipon Street. .......<br />

Welbourn ..........<br />

Metheringham. .....<br />

Gt. Northern Terrace<br />

Ssxilby<br />

Baggholme Bowl ....<br />

Nevrland Street West<br />

Bardney. ...........<br />

Horncsstle. .........<br />

Bleaford ............<br />

High Street ...<br />

Market Bases ......<br />

Bassingham ...: ...<br />

Free School Lane<br />

Gss Street ..........<br />

Waterside North. ...<br />

Sincil Terrace<br />

Kesfeven Street<br />

NorthHykehsmFsrm<br />

Chelmsfonl Street<br />

Gresham Street<br />

Bineil Bank ........<br />

John Street<br />

Winn Street ...<br />

New Bo&dtham .... .<br />

Previous <strong>Co</strong>st<br />

s. d.<br />

28,279 2 5<br />

689 I 9<br />

1,008 2 11<br />

698 17 6<br />

1,689 18 8<br />

2,315 5 9<br />

1,923 6 6<br />

905 5 11<br />

819 8 6<br />

1,851 16 0<br />

559 18 11<br />

2JI94 15 4<br />

Ie507 15 10<br />

8,477 2 7<br />

11,285 2 0<br />

8,304 12 I<br />

1,839 5 6<br />

593 16 0<br />

SV6 4 11<br />

16,074 18 9<br />

1,236 15 9<br />

564 IS I<br />

1,880 17 3<br />

1,142 IS 6<br />

338 18 0<br />

2,908 1«i 10<br />

580 0 ll<br />

4@D 6 6<br />

I;984 15 7<br />

490;716 18 Il<br />

Additions<br />

this<br />

Quarter. s.<br />

Additions by<br />

Society's own<br />

Workmen. Total <strong>Co</strong>st.<br />

d. 2 s. d. s, d.<br />

23J279 'I 5<br />

892 I 8 1,581 8 c<br />

1,008 2 11<br />

698 I'I 6<br />

1,639 18 8<br />

2,815 5 9<br />

1,923 6 6<br />

505 5 11<br />

819 8 li<br />

1,351 16 0<br />

559 18 11<br />

615 6 9 8,510<br />

1,507 15 10<br />

8,477 2 7<br />

11,285 2 0<br />

8,804 12 I<br />

1,839 5 6<br />

593 16 0<br />

216 4 Il<br />

16,074 13 9<br />

1~15 9<br />

564 18 I<br />

624 Lq 6 2,505 16 9<br />

1,142 18 6<br />

888 18 0<br />

2,SOS 16 10<br />

500 0 0<br />

4,371 6 6<br />

2,817 'I 4<br />

gpv514 19 8 29852ti 13 7<br />

Depreciation<br />

previoesly allowed.<br />

s. d.<br />

3,585 18 I<br />

203 4 9<br />

810 I 11<br />

218 5 0<br />

891 7 8<br />

425 5 9<br />

484 10 0<br />

249 11 11<br />

9S2 17 6<br />

298 16 0<br />

ISQ 8 11<br />

249 4 4<br />

264 12 10<br />

595 17 I<br />

608 2 0<br />

177 12 I<br />

229 14 6<br />

193 19 ii<br />

90 14 11<br />

1,416 14 6<br />

891 15 9<br />

ISP 0 I<br />

316 19 3<br />

211 15 6<br />

5V 5 0<br />

484 V 10<br />

89 5 6<br />

158 6 6<br />

11-8 7<br />

212104 IV 10<br />

All owe«I<br />

last Qu arter<br />

s. d.<br />

20 10 0<br />

24117<br />

0<br />

I 0<br />

8 0 6<br />

7 iG 0<br />

11 17<br />

0<br />

rl 6& 6<br />

2 0<br />

814<br />

0<br />

7 0 0<br />

2 I5<br />

0<br />

16 II<br />

0<br />

8 8 0<br />

IS 5 6<br />

25 0 0<br />

19 I0<br />

0<br />

7 I 0<br />

2 16<br />

6<br />

I I0<br />

0<br />

20 5 0<br />

5 10<br />

0<br />

o I3<br />

0<br />

9 I8<br />

0<br />

5 I8<br />

0<br />

I I8<br />

0<br />

15 9 0<br />

2 14<br />

f&<br />

211 I0<br />

0<br />

12 Q<br />

$&79 8 6<br />

Total<br />

Depreci ation<br />

s «l.<br />

8,606 8 I<br />

I 9<br />

814 I2<br />

11<br />

221 5 6<br />

399 8 8<br />

487 2 9<br />

448 I6<br />

0<br />

253 I8<br />

11<br />

236 II<br />

6<br />

309 I6<br />

0<br />

188 3 11<br />

265 I, 5 4<br />

272 1. 5 10<br />

614 2 70I6<br />

197 2<br />

286 15<br />

196 lf)<br />

0<br />

4 11<br />

1,438 iq 6<br />

807 5 9<br />

122 I3<br />

I<br />

826 17 3<br />

217 13<br />

f<br />

8 0<br />

469 I6<br />

10<br />

42 0 0<br />

179 Ifi<br />

6<br />

5 7<br />

212,884 I 4<br />

Present<br />

Nominal Value,<br />

s. d.<br />

19,672 14 4<br />

1,825 I 8<br />

698 10 P<br />

4VV 12 0<br />

1,240 15 0<br />

1,878 8 0<br />

1,479 10 0<br />

651 12 P<br />

r&82 12 0<br />

1,051 0 0<br />

376 10 0<br />

3,244 6<br />

1,285 0 0<br />

28f)30 Q<br />

IO.GOV 0 0<br />

3,107 10 0<br />

1,<br />

10'& 10 0<br />

897 0 0<br />

184 0 0<br />

14,«i35 14 3<br />

889 10 0<br />

44'I 0 p<br />

2,178 19 6<br />

92f& 0 0<br />

274 10 0<br />

2.4811 0 0<br />

458 0 0<br />

4.191 10 P<br />

'&.2)114 I 9<br />

$80,847 IJ 8


Dr. OFNFRAL STATEMENT. Cr.<br />

s. rl.<br />

s. d. s. d.<br />

To Share Capital<br />

129.002 9 1 Bv Stock, Grocery. ............ ~ ~ ~ ~<br />

3,&&11 7 4<br />

Lofln Capita!<br />

23,385 3 0<br />

Drapery an&1 Millinery ...<br />

4;~&2&3 13 10<br />

,. Penny Bank Deposits<br />

16,249 4 3$<br />

Boots and Shoes. . .... .. ..<br />

3, 'lit7 9 1U<br />

Reserve Fuurl<br />

ii,980 8<br />

Butchering<br />

1.332 2 4<br />

„Branch kiauagers' Boncls ....<br />

3,221 13 2<br />

<strong>Co</strong>als<br />

Uil 4<br />

„<strong>Co</strong>ntvcss Fulul. .............<br />

oU 0 0<br />

Tailoring and Outdttiug<br />

4,413 13 0<br />

„ Insurance Fun&1<br />

215 4<br />

Furnishing<br />

2,859 12 (0<br />

„Workmen's Insurance Fund. .<br />

355 0 0<br />

Building Deparl ment<br />

7,980 3 0<br />

„Provident Fnud<br />

881 5 0<br />

No. 1 Branch<br />

621 13 0<br />

o Bank Balsnoes. .............<br />

6,947 6 4<br />

No. 2<br />

358 5 6<br />

„Balance<br />

6,284 5 8<br />

No. 3<br />

298 0 0<br />

No. 4<br />

834 2 11<br />

No.<br />

1,447 15 0<br />

No. 6<br />

890 13 0<br />

No. 7<br />

273 12 0<br />

No. 8<br />

417 11 0<br />

No. 9<br />

282 0 6<br />

No. 10<br />

414 4<br />

No. 11<br />

825 1<br />

No. 12<br />

759 12 10<br />

No. 13<br />

1,812 9 38<br />

No. 14<br />

2,655 2<br />

Ca-op. Hosiery Manufactming Soc., st 6<br />

Paisley <strong>Co</strong>.-op. Manufacturing Soa., at UI<br />

London Prorluctive Society (written off)...... ....<br />

Thozuson (2 Sons' Productive Soc, at 5 per cent. .<br />

<strong>Co</strong>-<strong>operative</strong> Newspaper Society, at 5<br />

Dudley Bncket and Fcncler Society, at 5<br />

Airedale Worsted Society, at 10<br />

Midland Tinplste Workers' Society (writtdn og) ..<br />

Alcester Needlemakers' Society, at 5 per cent. .<br />

Shef6eld Cutlery Sceiety, at 5<br />

Browndelrl's Guild Pottery Society ..... .........<br />

Macctesdeld Silk Manufacturing Society at 10p. c.<br />

Leek Silk Twist Manufacturing Soc.,<br />

British Produce Supply Association, Limited<br />

Lincoln Hide, Skin snd Fat <strong>Co</strong>mpany, Limiterl<br />

Long Eaton Engineering snd Cycle <strong>Co</strong>., Limited ..<br />

<strong>Co</strong>ventry <strong>Co</strong>-<strong>operative</strong> Watch Manufacturing Soc.<br />

Huston, Proctor (2 <strong>Co</strong>., Liluited, st 7 per sent.<br />

Fund Invested.<br />

„Ruston, Proctor(k <strong>Co</strong>.,Ltd. , 4 percent. Debentures 1,836<br />

„Robey (2 <strong>Co</strong>., Ltd. , g per cent. Debentures .... 1,255<br />

„Lincoln (2 Lindsey Banking <strong>Co</strong>mpany, Limited,<br />

Old Shares. ............................. 1,822<br />

5 0<br />

0 0<br />

0 0<br />

ciUU U 0<br />

113 0 3<br />

0 0 0<br />

100 0 0<br />

10 0 0<br />

80 0 0<br />

20 0 0<br />

0 0 0<br />

11 16 7<br />

38 7 2<br />

50 0 0<br />

50 0 0<br />

12 14 0<br />

100 0 0<br />

128 0 0<br />

26 12 10<br />

19 8 4<br />

800 0 0<br />

7,808 5 0<br />

9o 12<br />

„Cash in Cashier's Hands<br />

2187,991 17 5<br />

2187,991 17 5<br />

Dr.<br />

Ta B ulance Disposable<br />

PROFIT AND<br />

s. d.<br />

6,095 19 8<br />

LOSS ACCOUNT.<br />

By ProSt, Grocery<br />

Drapery and Millinery<br />

Boot snd Shoe ....., , , ....<br />

Butchery ..., , , .... , ...„ ..<br />

<strong>Co</strong>als. ................. , ...<br />

Tsilorins snd Outfitting ...<br />

Furnishing .....<br />

No. 1 Branch ....,.......<br />

No. 2<br />

No. 3<br />

Ko. 4<br />

No. 5<br />

No. 6<br />

No. 7<br />

No. 8<br />

No. 9<br />

No. 10<br />

No. 11<br />

No. 12<br />

No. 18<br />

No. 14<br />

No. 15<br />

No. 16<br />

No. IV<br />

Cr.<br />

s. d. s. &l.<br />

4<br />

600 11 1/<br />

594 7 11$<br />

802 14 116<br />

161 12 5<br />

156 16<br />

355 8 IQ<br />

244 9<br />

185 17 Vg.<br />

161 17<br />

95 14 7(I<br />

168 19 6<br />

229 12 8<br />

167 7 2$<br />

62 8<br />

89 18 1<br />

185 10 10<br />

126 16 0<br />

92 0 10<br />

148 15 9$<br />

218 17 4<br />

890 15 1<br />

128 15 7<br />

43 8 11$<br />

4<br />

806 9<br />

5,488 15 9<br />

235 7 10<br />

10 6<br />

870 6 11<br />

5 18 8<br />

21 0 0<br />

21 0 0<br />

„Rents ss per Cash Acconnt. ... ,.....<br />

„Rules, Cards, and Cash Books<br />

„ Interest from Members' Property Asreunt<br />

'vtdend, <strong>Co</strong>-<strong>operative</strong> Product&vs S t'ej<br />

Huston, Prcetor, &2 <strong>Co</strong>Js Shares ....,...........<br />

Lincoln Hide, Skin, snd Fat <strong>Co</strong>.................<br />

B64095 19


Dr. PROPOSED DISPOSAL OF PROFIT. Cr.<br />

To Interest on Shore Capital<br />

„ Interest on Loan Capital. .. , ..<br />

„ Interest on Penny Bank Deposits. ... ,... , .<br />

„ Interest on Branch Managers' Bonds ......<br />

s. d.<br />

1,275 0 0<br />

212 18 5<br />

149 18<br />

14 5 0<br />

„Dividend on 253,000 st 1/6 in the<br />

„Non-Members' Dividend on 2744 st Hd. in the 6 ...,....<br />

„og per cent. Depreciation of Branch (2 <strong>Co</strong>ttage<br />

Property .................... . ....... 951 18 8<br />

„ 10 per cent. Depreciation of fized Stock .... 187 10 0<br />

„5 per cent. Depreciation of Milling Plant .. 52 0 0<br />

„Educational Grant, 1$ per cent, of Net Trade Profits<br />

„Workmen's Insurance Fund .... . . ...... , .<br />

„Balance carried forward<br />

"ilz. D. WORTH, President. ....<br />

«Mr. G. BACON, Treasurer, ill...<br />

Mr. G. HARRIS, Secretary<br />

bfr. C. TREVETT. ....., , ....<br />

s. d.<br />

1,651 17 2)~1<br />

8,975 0 0"<br />

24 16 0 (I<br />

/&<br />

491 8 8<br />

GH 0 0«'<br />

15004<br />

8 9$<br />

26,284 5 8<br />

EDUCATIONAL COMMTTTEE.<br />

6 Mr. W. LOVATT ...., ......... ...... .... 7<br />

8 «Mr. G. E. BECK .. . , .. .., . .., .... , .. . . .. 9<br />

9 «Mr. J. MOORE ... ..... ........ ...... .... 9<br />

9 Mr. H. BELIL...................., ...... o<br />

The figuree after the Names indicate the Number of Meetings attended<br />

«Retiring Members, each eligible for nomination.<br />

By Balance fmm Profit anil Loss Account. .....<br />

from lest Quarter. ... . ..... ...... . .<br />

„amount allowed last Quarter for Interest and<br />

Dividen&l but not required<br />

6 s. d.<br />

6095 1(9 8<br />

77 19 0<br />

110 7 ii<br />

Audited and found correct July 94th, 1000.<br />

JAMES ORANGE,<br />

W. P. ARMSTRONG, I 4u&fftoru.<br />

W. P. ROBERTS, )<br />

!<br />

Mr. G. F. MAWER . . ....<br />

'Mr: T. HARDY ........ . .<br />

Mrs. N. A. DRING<br />

Mr. E. H. THOMPSON ..<br />

9 having been h«kl<br />

li 284 5<br />

26,284 li 8<br />

Dr. EDUCATIONAL DEPARTMENT. Cr.<br />

INCOME.<br />

To Quarterly Grant. ......................<br />

„ Quarterly Sale of Papers ...............<br />

„ Cards, Catalogues, snd Fines<br />

„ Balance due io Treasurer .............<br />

G. E. BECK,<br />

M. A, DRING, I<br />

g s. d.<br />

65 0 0<br />

I 5 8<br />

212 1<br />

6 7I<br />

gee 4 4I<br />

EXPENDITIJRF<br />

By Balance &lue to Treasurer. ............. .., ,<br />

„Gratuity to late Secretary. ......... . ....., .<br />

Music for Choir<br />

Delegates Expemes<br />

Librarian's Salary<br />

„Printing Account. .........................<br />

Newspapers Magazines &zc<br />

„Choir Instruction, etc............., ......., ,<br />

Gvmnssium Classes<br />

„Junior Singing Classes<br />

„Platform Account (part j................. , , ,<br />

„To Account for Choir Tea ..................<br />

„Cleaning<br />

„Seoretsry's PostsHes<br />

„Carnage for Books, etc<br />

Advertisements<br />

„Lantern Accoun4 ........................, .<br />

„Be.lettering Labels for Fspem ..............<br />

„ New Books. ..;............................<br />

The Quarterly Meeting wll be held in the School.room, Caythoryc, on Saturday, August 4th, 1900, at 7-15 p.m. Representative, Mz. Howard.<br />

7<br />

(i<br />

fi<br />

1<br />

2 s. d.<br />

sf<br />

210 0<br />

8 19 10<br />

s,j<br />

817 0<br />

215 8<br />

11 7 8$<br />

6 11<br />

817 8<br />

4 8!2<br />

10 0 0<br />

8 4 0<br />

1 4 8<br />

0 &i 9<br />

0 0 8 0<br />

0 1<br />

826<br />

ill 6<br />

WelbOuru BranCh COmmliiee —Mr. B, Gadd, Navenby, Chairman; Mr. J. Gray, Leadenhsm, Secretary; bfr. J. Shsrye, Mr. W. Ijnnning, Wetbouzn.<br />

~Mz. T. <strong>Co</strong>dd, C yth; cM .H, <strong>Co</strong>dd, W llingyom; Mr. J. W. Holmes, Nsvenby; Mr. J. Flatters, Boothby; Mr. D. B. Abjewhite, <strong>Co</strong>leby; Mr, G<br />

Wright, Fnlbeck; J.Knights, Welbomn.<br />

The Quarterly Meeting will be held iu the Reading. room, ou friday( August Jrd( 4 1900, 900. at y, 9 m, Representative, Mr. COI'. LSON,<br />

ohn Caswell, Meth<br />

Wm. Ogden, Mr. John Robinson, Methennghsm; Mr. Arthur Wilsoa, uns n; r. ar es<br />

Mr. Charles Hogotu, Digby; Mz. Richard Tsylm, Blankney.<br />

609 4<br />

' «b«(n, Chairman; Mr. Elijah Reynolds, 5fstheringhsm, Secretary; Mr. William Bskfock, Mr<br />

D eton; Mr. Charles Baumber, Mr. Charles Bailey, Scopwick 1 M, G<br />

Mr G. Milk&, B d, Chairman; ffr. W. Clspham, Bsrdney, Secretary; Mr. H. Parkes, Mr. G. Maddison, Mr. T. Watson Mr<br />

Barduey Branch <strong>Co</strong>mmittee —Mr. G. bfills, Bsrdney, airman;<br />

W. <strong>Co</strong>lton, Bsrdney; Mr. T. Simpson, Southrey.<br />

C tttm R ai the <strong>Co</strong>.oyerativc Stares, on Saturday, August 4th, 1900, at 7 y.m, Representative, Mr. DCiCKWORTH<br />

The Qaarietly Nesting wll be hald lu thc <strong>Co</strong>nuuittec Room a e o o<br />

47 West Street, Slesford; Mr. J. Budkb&. Sleaford, Secretary: J. Jsrvie, 52, Gsilev Hill M„<br />

S eafor Branch <strong>Co</strong> m c— . ~ ~<br />

M J L t 1 Mtji Field Terrace Mz. C. Wright, 92, West Street<br />

L. Wainer, 51, West Street ffz. W. Hays R, 51, o .<br />

M W ~mk Rudm, gmn; Mr. E. Marriott, Kirkby I aythorpe.<br />

<strong>Co</strong>md, Sleafmd; llr. D. Gash, I, tfueen Street, tfnsrrmgtcn i Mr<br />

b R ((6 ~"luu, llsrket Rsseu, Ou SATURDAY, August 4th, 1900, at 7.45 P.m. RePresentaiive, Mr. TCRNFR<br />

The Quarterly Meeting will be held in the Club Room, "George" au, sr e<br />

kfarket Bssen, Chiirman; Mr. J. Pickwefi, Secretsty: iifr. Jos. Penney, Mr. A. Kk&g, Mz, C<br />

Market Raseu Branch <strong>Co</strong>uunlttee —Mr. J; W. Rushhy, kfarkei<br />

Mr. F. Ingtiby, Mr. John T, Douse, Mr. iloses Crow, Market Rssen; . ss. oo, us n<br />

~v«—«& m, Chairman; A. Cha&lwick, Secretary; Mr. J. Brown, Mr. B. Goodwin Mz J<br />

Basslugham Btmtch Cammtttcc —, Mz W. W~~'d M J Hajh&m Miitlbom'; S. Smsrt, J.Wellhead, Bsssinghsm; G. Johnson. Mortc<br />

1'. ~ s neon, or n<br />

am 1 iigr. F. Tayhn; Mz. J.Mszshall, Caravan-fe-Moortan;<br />

INsney 1 G.'<strong>Co</strong>ok, Aubourn; J.Darker, Oazftou-fe-M&uwtamk<br />

Sfesford; Mz. W. Gszw&B, Rskhhgt&m


The Lincoln <strong>Co</strong>=<strong>operative</strong> Quarterly Record<br />

74 K'tXT SKR I KS.<br />

IT is wonderful how many people there are who confuse<br />

<strong>Co</strong>-operation with joint stock enterprise, although there is between<br />

the two a clear and definite distinction. The joint stock princip'. e<br />

is essentially investment of capital in a company with the sole object<br />

of making profit by the company's operations. <strong>Co</strong>-<strong>operative</strong><br />

Societies, on the contrary, are not established to make profir by<br />

trading, but to obtain by association the economic distribution of<br />

the necessaries of life; in some cases extending their operations in<br />

the production of a portion of the necessaries which they require.<br />

The produce of our Society's farms, for instance, is not sold to<br />

make profit, but is consumed within the Society. The workers on<br />

the farms, being members of the Society, participate in the economic<br />

advantages. The produce grown merely passes from one part of the<br />

Society to another, and the pr, fit shown yearly is simply nn<br />

appraised profit. Some <strong>Co</strong>-<strong>operative</strong> Societies, realising this, do nni<br />

go to the trouble of keeping selarate accounts for their farming<br />

departments. There is no sucn thing as profit, in the ordinarr<br />

commercial acceptatinn of the te m, in a <strong>Co</strong>-<strong>operative</strong> Societ;,<br />

except on that portion of its trade which is done with non-members.<br />

This is usually a very limited aniount, and a large proportion of ihe<br />

nett profit upon it is returned to the purchasers. What appears:iprofit<br />

in the balance sheets of Societies is simply a surplus on ihe<br />

members' own trading, and it would, if so designated, tend to prevent<br />

misconception in the minds of those who have not studied the<br />

principles of <strong>Co</strong>-operation. When a manufacturer sells to us he g.ts<br />

a profit over and above what his goods have cost to produce. By<br />

manufacturing or growing for ourselves we obtain goods or raise<br />

produce at cost price. Part of the output of our mill we sell to<br />

outsiders, but the bulk produced is for our own consumption. All<br />

that goes outside has to be sold at marl-et price. Nobody gives us<br />

more per sack than they would pay to a private miller, for there is<br />

no such thing as sentiment in business. The greater part of the<br />

work of our building department is done for ourselves. On that<br />

part of it which is done for others, as we have to gain it by public<br />

tender, we are subject to the keenest possible competition from employers,<br />

some of whom do not give their employees as good conditions<br />

of labour as ours experience. As far as milling is concerned,<br />

this is specially noticeable. Our hours of labour and the wages we<br />

pay are higher than those of any other similar local undertaking. .<br />

In the allied trades conducted at our workshops in I'anners'-lane we<br />

accord trades union rates and conditions prevailing in the district.<br />

When private employer's and workmen mutually agree to work under<br />

these conditions, their obligations towards each other end. In our<br />

case more important elements come into operation. <strong>Co</strong>-<strong>operative</strong><br />

principles demand that the workers shall provide part of the capital,<br />

take a share in the responsibility of management, and participate in<br />

the results, whether there be profit or loss. All these added conditions<br />

are present with us. Our productive departments are the<br />

only undertakings in this district where the employees, who are<br />

simply our own members, have a voice and vote, as well as a<br />

monetary interest, in the business in which they are employed. All<br />

our accounts, all our work, the management of all our departments,<br />

come up for 'discussion, absolutely free and unfettered, at our meetings,<br />

under a chairman and directors of our own appointing. No<br />

businesses could be conducted on lines more democratic than our<br />

own. It is satisfactory to learn that among our productive employees<br />

are mony intelligent <strong>Co</strong>-operators of long standing, and others who,<br />

although pounger in years and inembership, have an active, abiding<br />

interest in the Society's work. The main thing to be striven for by<br />

them is permanent employment under just and equitable conditions.<br />

To secure this the Society must be able to compete successfully with<br />

outsiders, and must do good work as well and as cheaply as others<br />

The emplopees can do much towards securing this end by their<br />

good-will, by' checking waste, and by honest, faithful service. Our<br />

connection with the <strong>Co</strong>-<strong>operative</strong> Wholesale Society's Bank will<br />

always give us access to and command of cheap capital. If a body<br />

of worlnnen„ impelled by a common spirit, engaged in their own<br />

workshops, possessed of cheap and abundant capital, provided with<br />

good machinery and appliances, cannot hold their own, if properlv<br />

handled, against all comers, the future history of industry is<br />

without hope for the workers. The difference between our producirig<br />

sktitkshops and others is, that in ours men are worl ing for the<br />

emitinent benefit of themselves and their fellows, whereas in others<br />

they, ase working to earn interest on capital for many who do no<br />

work at all. If the producing class here and elsewhere realised that<br />

all work except that done on <strong>Co</strong>-<strong>operative</strong> lines produces wealth,<br />

mainly for idlers who 6nd it hard to devise methods of dawdling<br />

away their time, whose very poodle dogs, even, grow fat on dainties,<br />

there would be more heart and more determination in promoting<br />

<strong>Co</strong>-<strong>operative</strong> production in this country.<br />

The quality of the work done by our Building Department<br />

can be regarded with pleasure and satisfaction. Wherever<br />

work has been carried out by the building stafF in<br />

the enlargement and re-building of Branch Stores, there is a<br />

marked difference in the quality between it and that which it has<br />

replaced. Our Society's great fault in the past, until we built the<br />

High-street Stores, was that we did not look far enough ahead.<br />

There, however, for the first time, ive went on sound lines, and,<br />

purchasing a site of ample dimensions, we built premises large<br />

enough to do five times the amount of trade we were then transacting<br />

at the old High-street Branch. Last Quarter, in the Sub-Central,<br />

the total takings amounted to +4,96o. The turnover, exclusive of<br />

the butcher's shop, was +4,r66, being an increase of gfie4 over<br />

' that of the corresponding quarter last year. The furnishing and<br />

grocery departments show the largest increase. It will surprise many<br />

of our members to learn that no less than sixteen tons of wall paper<br />

was dealt with at this Branch during last house-cleaning season.<br />

The whole of our property in High-street, namely, the Sub-Central<br />

premises, the workshops and appurtenances, cottages and builder's<br />

yard, and the old Store premises lower down, now let to a draper,<br />

' stand in our assets at pro, 6op, after depreciation. Judging by<br />

prices of properties in the vicinity that have recently changed hands,<br />

and realising that when the Sub-Central was built seven years ago,<br />

prices of material and labour were much lower than now, we are able<br />

to sap with confidence that the unearned increment caused by<br />

enhanced values of land, labour, and material upon our High-street<br />

properties is an asset which, akhough intangible, imparts an element<br />

of strength to the Society's finsncial position that should not be<br />

overlooked. Our building staff are now engaged in erecting an extensive<br />

General Store and Butchery in Ripon-street. At this centre<br />

large and varied stocks will be held, and from it, as soon as necessary,<br />

a van delivery of goods will be instituted. Experience has<br />

shown that this course is preferable to and more economical in working<br />

than that of multiplying small branches with small stocks within<br />

a circumscribed area. The next branch developments of this character<br />

are to be at Burton-road and in Newland.<br />

The enhanced land values of our High-street properties have<br />

been alluded to as an isolated instance where the unearned increment,<br />

caused by increase of population, passes into the hands of the people<br />

for whose benefit really all unearned increment should be utilised,<br />

instead of passing into private hands. In the opinion of some men<br />

the people of England simply exist for the benefit of the owners if<br />

the soil. The difficulty this Society experiences in obtaining sites<br />

suitable for workmen's houses is much increased by owners keeping<br />

land out of the market to increase its selling value; and they are<br />

able to leep it out, because so long as it is unoccupied it cannot<br />

bc rated. If building land in Lincoln had for the last twenty pes s<br />

been rated at four per cent. of its selling value instead of on its<br />

pastoral value, or instead of paying no rates at all, if unoccupied, it<br />

would not have paid the owners to keep it out of the market. The<br />

Ropal <strong>Co</strong>mmission on the Housing of the Wor4ng Classes, fifteen<br />

years ago, recommended rating on selling values, but no Government<br />

has as pet seen fit to take up this most pressing reform. Whp should<br />

a landlord make a profit at the expense of the rateearners because,<br />

through no merit of his or fault of theirs, room is wanted for the<br />

growth of a neighbourhood? We heat a. good deal at times of<br />

"ratepayers' associations, " or "brick and mortar idolaters, " as they<br />

have been termed. What we really want are "rate-earners' associations.<br />

" Land compulsorily bought even, as matters stand, has to be<br />

paid for at ten per cent. more than its value. There is no reason<br />

in this, because, unless such land is imperatively needed in the best<br />

and most pressing interests of the community at large, it cannot be<br />

purchased fmm the owner without his consent. Meanwhile, the<br />

evils of overctowding are terrible and urgent; they are injuring the<br />

health arid poisomng the morals of the community.


Among the evils of the slums of Sheflield, none has more pain.<br />

ful eflects than the furnished house system. An owner farms out a<br />

number of houses to some persorr who "furnishes" them, and lets<br />

them at an increased rent to poor tenants. The "furniture" often<br />

consists of only a few wretched sticks worth from ten to lifteeii<br />

shifiings. The tenant, however, is levied to the extent of two shillinos a<br />

or half-a-crown a week for the use of one or two rickety chairs and<br />

a table, and thus pays in a iear a sum sufficient to buythefurniturc<br />

m" ny times over, and yet, at xhe end of five or six years, is no<br />

nearer the possession of it. It is part of the system that the tenant<br />

not allowed to have a rent-bool, and from this custom manifold<br />

difliculties and abuses arise. ="unong the poor the rent-book is an<br />

acl-nowledged passport of respectability. These tenants thus bec»ne<br />

utterly irresponsible citizens; il..eir sole care is to rake up the week'x<br />

rent; and this bad state of thing: is perpetuated by the children that<br />

are born to them. It is estim trid that there axe xrfioo houses in<br />

Sheffield let on this plan,<br />

The Royal Arsenal <strong>Co</strong>-<strong>operative</strong> Society, Woolwich, have f ir<br />

some time past been considenn the best means of developing thei ~<br />

estates at Hostel Farm and Suflolk Place. Recently a plan has been<br />

submitted to, and has received thc approval of, the members, Houses<br />

to the number of 3,goo are to be built by the Society's works<br />

department, and are to be let or sold subject to a lease. The<br />

freehold of the estates is to be retained by the Society, and the cost.<br />

of roads and sewers, as well as legal expenses, are to be included iu<br />

the purchase price. Repayments are extended over a period of thirtv<br />

years. The scheme empowers the <strong>Co</strong>mmittee to enter into tenancy<br />

agreements with intending purchasers, who cannot pay a deposit, and<br />

the rents received are credited to an account with the Society, and,<br />

after debiting the same with interest at the rate of five per cent. on<br />

the agreed amount of the purchase money. , and with the cost of rates<br />

snd other smaller charges, the purchasing member is credited with<br />

the balance until it reaches ten per cent. of the purchase money, when<br />

a mortgage is executed by the tenant, and the scale of repayments is<br />

adopted as provided by the rules of the Society. The Lincoln<br />

Society was the first to begin this generous practice, in xSSS, when<br />

twenty-one of the first advances made by the Society on mortgage<br />

were granted to members, who did not pay a penny by way of<br />

deposit.<br />

The Educational <strong>Co</strong>mmittee and the Women's Guild have<br />

planned an excellent programme of lectures and concerts for the<br />

ensuing autumn and winter. Good as the former series have been,<br />

they will be surpassed by the forthcoming course. Splendid opportunities<br />

for the physical education and development of members'<br />

children are afforded in the gymnasium classes, while culture anti<br />

the knoivledge and love of music are being promoted by the singing<br />

classes; the gymnasium course opens on the xyth, and the singing<br />

lessons begin on the xpth of September. For a fee of one shilling<br />

per term of six months, a grounduork in music is given by the<br />

teacher, Mr. Hirst, of the Cathedral Choir, whose painstalung ability<br />

is so well known and appreciated by our members. The gymnasium<br />

training, for the same fee, will be, as before, in the competent hands<br />

of Mr. C. Barnes. Physical training of this character is of the<br />

utmost importance to the young of both sexes, as it brings into<br />

he»thy exercise all parts of the body, and, while straining none<br />

~~duly, strengthens and develops the limbs, .joints, and muscles.<br />

Girls and boys who are desirous of acquiring a good gait and ivelldeveloped<br />

body should join these classes in much larger numbers<br />

than they have done hitherto, snd the Educational <strong>Co</strong>mmitte<br />

earnestly hope parents will take ~e that their children do not mivr<br />

attending them.<br />

CONVALESCENT HOME FOR CO-OPERATORS.<br />

LINCOLN CO-OPERATIVE QUARTERLY RECORD.<br />

AN INTERESTING EXPERIEENT<br />

Aa an example of'what csn be done by woriring-class enterprise, Esnchester<br />

osn show nothing more remarkable in its wsy than the <strong>Co</strong>-opezative Wholesale<br />

Society. This organisation, urhich hsd its birth in an obscme street in. kfsncheatez<br />

57 years sgo, has grown with sech wondertbl strides that its annual sales<br />

now reach the immense eum of g14,000,000, and its ramiffcsticns extend over<br />

many continents. Such a many sided concern naturally presents a few objec4<br />

lessons, of whioh 4he ffxut is, of course„ the value of po opsratipnr st least so .far<br />

sa it hss aiieady gone. Every meruber of every retail society' asoiateiI to 4he<br />

hage concern~an actual, 'if only a limited interes4 ln its urorking,<br />

whish is on a thoroughIy democratic lucis. Enormous pmffts are amassed,<br />

wbjph azp rgvided bctwwn the p'pdaetdes, aud st'ths. same time the heads of the<br />

enierpnse are able to offer fair wages and conditions to the thousands of em<br />

ployes snd maintain an honourable standard in the trading.<br />

Enny people consider that profit-making is not the be-all snd end-so of the<br />

true co-operator, and it is probably this idea which hus suggested to the management<br />

ot this great corporation the putting aside of n little sam to maintain s<br />

convalescent home for their members.<br />

Amongst the extensive properties of the Wholesale Society is sn estate ot '100<br />

acres of freehold and tithe-free lend with farms, rzc. , forming the village of<br />

Rode», not many miles from Bhzewsbury, so that every unit in the society's<br />

membership occapies the position of a landed proprietor. This estate is still<br />

1st to fsrmerstor the most part, about 60 scree only having been put under<br />

fruit cultivation ss a partial feeder for their jsm works. Roden Hall, which<br />

wss included in the consideration for 4he gso, lzlc purcluise money, is s beautiful<br />

modern counrry residence, standing ui its own spacious grounds. snd<br />

surrounded by heavy, luxuriant foliage; and it is this buildiiig which has been<br />

eet aside for thc purposes of s convulescent horne for co-operators. From 80 tp<br />

40 people, nominated by their respective socioties, ivill, when the process of<br />

conversion now going forward is ffnished, be accommodated within there walls,<br />

nnd in the balmy air of the country may find tho rpdv merhmne required tp<br />

restore theni to perfect health. I'rom time to time tbe Ilail will be fflled,<br />

emptied and re-fillerl, sari at the end of the first year'e operations — possibly tbe<br />

caption may not rommcnrw this yeur —the nmmbcia of the Society will be<br />

able to assure themselves that several imndrcds, according to the length of stay<br />

permitted to rsrb convalescent, will have beneffterl bv the consideraticn of the<br />

Wholesale management. In such tranrluil surrouinlings, oxormsing on the<br />

grassy lawns or loitering in tire soqnestere(l nrioiks ivhicli the arran ament of the<br />

grounds sflorrl, the visitors will rapidly guin health anrl eirength, anil msy per.<br />

haps cast s line successfully in the rtvcr Rorlen, which, well supplied with ffsh,<br />

ffows by, or take s,u excursion to lhe ruined Hauglunond Abbey, which will be<br />

found, beautiful still in its decay, uot far distant.<br />

Besides, of course, having purchased the Ilail, the Society has vpted g10 000<br />

for its conversion, rzc. , snd there will be an annual future ohnrge for mat»ten.<br />

Those, hovrever, who sre aware of the liberal donstious of the C,W.S.<br />

to national and other funds will, like the donors, regard their cost ss triffing,<br />

The experiment is inte. ecting, snd if it suoceerls separate societies or districts<br />

msy be found setting up similar establishments later<br />

—I—<br />

This wio be the ffrst Home of the kinrl in England, but Scotland has already<br />

established, on the bracing Ayrshire cost, s home for convalescent co-oirerators<br />

which does excellent work, though founded on somewhat different lines to that<br />

of the new social enterprise.<br />

Gleanings from Balance Sheets of Neighbouring<br />

Societies.<br />

PETERBOROUGH. —9'ind Quarter<br />

ended bf arch 27th, 1900.<br />

s. d.<br />

Sales .. .. .. .. 40,902 13 11<br />

Share Capital .. .. V3,278 11 3<br />

Reserve Fund .. .. 2,828 8 10<br />

Dividend .. .. .. 2 1<br />

Assets .. .. .. 86,482 7 0<br />

The purchases of the Society from<br />

<strong>Co</strong>-<strong>operative</strong> sources during the<br />

Quarter amounted to g18,944. The<br />

sales exceed those of the correspond.<br />

ing Quarter by g'2, 904. Extensions<br />

st the March Branch sre being<br />

carried out by the Kettering <strong>Co</strong>.<br />

<strong>operative</strong> Budders. Land has been<br />

purchased in Charles-stree4 ss sites<br />

for dwelling-houses. The enlargement<br />

ot the Central Stores is making<br />

good progress, the colrl room sud<br />

cooling machinery sre to be utilised<br />

during the summer. The present<br />

number of members is 7.280; the<br />

withdzswnls last quarter numbered<br />

800, snd the entries 271.<br />

GRIESBY.—Quarter ended bfarch<br />

29th, 1900.<br />

s. d.<br />

Sales .. .. .. .. 17.819 12 10<br />

Share Capital .. .. 14,066 'I 5<br />

Loan „.. .. 13,379 7 8<br />

Reserve Fuml .. .. 1,135 16 5<br />

Dividend .. .. .. 1 10<br />

Assets .. .. .. 40,527 15 11<br />

The sales sre g1,324 higher in<br />

amount than those of the corresponding<br />

quarter last year. Great<br />

ogress is being made in the House<br />

ISmjdfisg Departmen4: 85 houses arc<br />

approaching completion, and a large<br />

number sre begun in Castle-street<br />

and Hsinton distric. The member<br />

have given unanimous sappoxt to<br />

the project of the <strong>Co</strong>mmittee for<br />

re-construction snd enlargement of<br />

the Central Stores, snd the work<br />

will be began ss soon as the plans<br />

sre ready and other preliminaries<br />

sre settled.<br />

BOSTON. —79th Quarte ended<br />

bfarch 29th, lr300.<br />

s. d.<br />

Sales .. .. .. .. 6,667 6 7<br />

Share Capital. . .. 10,227 18 2g<br />

Reserve Fund. . .. 256 0 0<br />

Dividend .. 6<br />

Assets .. .. .. 13,556 14<br />

The sales are lower in amount by<br />

g2, 0V9 than those of the corresponding<br />

quarter. A. change in the<br />

management anrl lessened pi'offts in<br />

the Butchery Department have been<br />

the causes of the decrease. The<br />

<strong>Co</strong>mmittee in the report lay special<br />

stress upon the disloyalty of many<br />

of the members, who forget how<br />

mach they owe tp the existence of a<br />

Store in Boston; they trust the many<br />

beneffts the Society hss conferred<br />

will not be forgotten, snd that loyal<br />

tooling will retrieve the position.<br />

Advances of money aze being made<br />

to enable members to purchase<br />

houses, and the ffnancisl position of<br />

the Society is good. Inczessed trade<br />

and more co.opezstive spirit would<br />

soon restore affaws tro a satisfactory<br />

cpadieon.


IO<br />

NEWARK. —88th Qasrter ended<br />

bfarch 17th, 1&JOG.<br />

s. d.<br />

Bales .. .. .. .. 1,817 1 Zi<br />

Share Capital .. .. 2,587 19 9<br />

Reserve und .. .. 35 0 0<br />

Dividend<br />

10<br />

Assets .. .. .. 5,519 15 5$<br />

SPALDING. —35th Quarter ended<br />

hfsroh 26th, 1900.<br />

g s. d.<br />

Sales .. .. .. .. 1,249 4 10<br />

Share Capital .. .. 1,690 10 1<br />

Reserve und .. .. 29 0 0<br />

Dividend I 9<br />

Assets .. .. .. .. 2,762 7 6<br />

The sales are 2686 more in amount<br />

than those of the corresponding<br />

guarter, and the pm»parity of the<br />

Society is slowly but surely increasing.<br />

Recently a well-equipped, ap.<br />

to.date Bakery has been built and<br />

opened, and is already doing a<br />

large trade. Now that tho Society<br />

has land snd buildings valued n, t<br />

81,900, after depreciniion, it ace&os<br />

advisable that the Reser&e Fund<br />

should be incrensed, looking st the<br />

members' oapitsl account, which<br />

stands at 21,690. To accom lish<br />

this would lessen the amount or a<br />

time available for dividend, but tho<br />

members would bene6C in the long<br />

ran. A smnll sacri6ce of present<br />

benegts ought therefore to be mnde,<br />

at tho instance snd with the sn porC<br />

of those mombers who sre loya and<br />

prudent, snd who realise what s<br />

grand work co-operation hss already<br />

accomplished, even in Bpalding,<br />

where there sre so many elements<br />

that tell against its success.<br />

KING'B LYNN. —45th Qasrter<br />

ended Feb. 28th, 1900.<br />

s. d.<br />

4,947 18 0<br />

Share Capital .. .. 2,454 7 9<br />

Reserve pand .. .. 400 12 11<br />

Dividend I 9<br />

Assets .. .. .. 6,681 11<br />

The sales sre g826 over those of<br />

the corm»pending quarter. The<br />

baildings' account stands st 21,964,<br />

after depreciation; the share capital<br />

Cnp of Tea<br />

Pot of Tea<br />

Cup of <strong>Co</strong>ffee<br />

Cup of <strong>Co</strong>coa<br />

Hsm Sandwich<br />

Plate of Hsm<br />

2<br />

:: 6<br />

LINCOLN CO-OPERATIVE QUARTERLY RECORD.<br />

&s 82,454, snd the reserve fond of<br />

8400 &e relatively the largest cf any<br />

of the Societies m the Lincoln Dis-<br />

I trict Assoc&ation<br />

LOUTH. — 52nd<br />

29th, 1900.<br />

Quarter ended<br />

Bales<br />

Share Cs ital<br />

Reserve und<br />

Dividend<br />

Assets<br />

2 e. d.<br />

2 o88 6 p<br />

4 028 18 p<br />

138 0 0<br />

I<br />

4 44p 14<br />

HUNTINGDON. — 55th<br />

ended Quarts<br />

April 23rd, 1900.<br />

Sales .. g s.<br />

.. d.<br />

.. .. Share<br />

1,626 17 11<br />

Capital .. ..<br />

Reserve<br />

2,035 8<br />

Fund<br />

10<br />

.. ..<br />

Dividend<br />

328 8 10)<br />

2 4<br />

Assets. . .. .. .. 3,022 9 9$<br />

GAINSBCRCUGH. — 112th Quarter<br />

ended June 5th, 1900.<br />

8 s. d.<br />

Sales .. .. . . .. 15,834 8 2<br />

Bharo Capital .. 30,038 11 10<br />

Reserve I'und. . .. 917 17 I<br />

Dividend .. I 8<br />

As»etc .. .. .. 35,081 2 6$<br />

The sales sre 21,340 over the<br />

corresponding Quarter. Advances of<br />

capital for house-building are made<br />

by the Bociety, which does its Bank-<br />

&ng mth the <strong>Co</strong>-operatrve Wholesale.<br />

The present number of members is<br />

2,280. Purchases from <strong>Co</strong>-<strong>operative</strong><br />

sources total &37,049.<br />

BCUNTHORPR. — 104th Quarter,<br />

ended fdsy 24th, 1900.<br />

s. d<br />

Sales .. .. .. .. 10,959 7 5<br />

Share Capital .. .. 14,483 0 8<br />

Reserve Fund .. .. 576 5 I<br />

Dividend<br />

REIPRESHMENT BAR.<br />

Bread snd Batter.<br />

9 6<br />

Assets .. .. .. 17,340 16 3<br />

Purchases from <strong>Co</strong>-<strong>operative</strong><br />

sources amount to 63,508. The<br />

sales exceed those of the corresponding<br />

Quarter by 6583. A aew Branch,<br />

for which plane are being prepared,<br />

is shortiy to be bni1t on Fmdinghamrosd.<br />

The present number of members<br />

ie 1,582.<br />

d.<br />

Ron snd Butter .. 2<br />

Bun and Butter .. II<br />

Scones .. .. .. I<br />

Scone and Butter. 1$<br />

Pastry .. .. .. I<br />

Sau Bolt<br />

Plum read&2Butter8<br />

Pork Pie<br />

Plain Tes .. .. 3<br />

Tes with Pastry .. 6<br />

Lemonade<br />

Ginger Beer.. .. I<br />

Potted Heat ..<br />

Cigars .. .. .. 2<br />

NEWS ROOM; LIBRARY; RKFRKSHMKNT ROOM.<br />

THE NEWS tfpplt is open on hfondsys, Tuesdays sud Thursdays st 8 o'clock<br />

pntx; on Wednesdays st 6-30 p.m. ; on Fridays st II s.m. ; and on Saturdays<br />

at 2 p.m. It ie closed i»very eveuing at 9-80.<br />

THE EIBRART ie opau for ohanging books&<br />

Friday, 7 to<br />

Honday,<br />

9 p.m. Taesdsy,<br />

; Friday, 1-30 to 2-89<br />

Wednesday<br />

Saturday,<br />

p.m., 6<br />

fm<br />

to 9 <strong>Co</strong>untry<br />

p.m.<br />

Hembem ordy<br />

THE IlEFRESH;itEST ROON is opened at 10.0<br />

eaeaPC &nm„and<br />

Cn WOheeday»r d<br />

Wheg<br />

oacd<br />

rt M stt V-p<br />

re eh»ted at I p.m.,<br />

O'Cleek,<br />

d.<br />

P<br />

tc<br />

S<br />

A<br />

U<br />

c<br />

E<br />

S<br />

IRISH<br />

{MIDDIZTOZ)<br />

Qlatnty anEI . .<br />

<strong>Co</strong>l I Cl Otter.<br />

EHJOJ|!d f)g Olitl t yoppg<br />

@&teer gf&tfter&4&e<br />

C8ER IC»fI ERY<br />

gt&I&<br />

+5 BUTTE+<br />

Aft tIt oduced by yftut<br />

<strong>Co</strong>-opet'ative Wholesale Society,<br />

LII4ITED,<br />

f<br />

iti<br />

Al<br />

L<br />

A<br />

D<br />

E<br />

A<br />

D<br />

P<br />

E<br />

L<br />

S


i'. ,;<br />

, 'j -' ',NISH ING DEPARTMENT.<br />

nrtment is well stocked with nll kinds of Household Furni-<br />

ery descriptian, comprising Djning-raam, Drawing-room &<br />

Suites, Sideboards, Cheffaniers, in Mahogany und Walnut,<br />

Furniture, Bedsteads, Mattresses, Beddings, Carpets,<br />

Linaleums, Oilclaths, Rugs, Mats, &c.<br />

ctian with the<br />

JEWELRY DEPARTMENT<br />

., draw aur Members special attention ta repairs of.Watches<br />

ks which we are naw having done on the premises by aur<br />

~ kmen, we also keep a good selection of Watches, Gold und<br />

, lberts, Dress nnd Wedding Rings, Branches, Studs, &c.<br />

nnd Clocks of all Descriptions.<br />

' n, c also a splendid assortment of Crockery, including Dinner<br />

Sets, Tea Sefs, Toilet Sets, Trinket Sets, &c.<br />

Glass Ware of nll descriptions.<br />

tes and Mnilcnrts. Washing nnd Sewing Machines of the<br />

Best Makes.<br />

PRICES, WATCII<br />

s. R.<br />

REPAIRS:<br />

COL CO-OPERATIVE QUARTERLY RECORD<br />

s. d.<br />

-R only - - - 2 0 Hair Spring cnd CleaneR ~ 8 6<br />

' pring only - - 2 0 Hands - - - - - 4<br />

c 1 cnd Mainspring - 8 6 Glssccc - - . - . 4<br />

-cring only - - 2 0 Watch Cases, New Joints - 1 0<br />

PRICES, CLOCK REPAIli'S r<br />

s. d. c. d.<br />

. ' English Long Base 8 dys' cleaned and spring .... 8 0<br />

ucsned .............. .. 2 6 „French striking ctmncd 8 6<br />

~<br />

cleaned and new lines 8 6<br />

cleaned<br />

„„striking ~<br />

Spring Clocks cleaned. . 2 6 and spring. ......... 6 0<br />

cleaned ik '80 Hours American time and<br />

vpr' g............. , , 8 6 I alarm rfcsncd. ....... 1 0<br />

Spring Timepiece cleaned 2 0 I 80 Hours American striking<br />

Timepiece cleaned cteancdt. ......"~" 2 0<br />

cnd new lines ........ 2 6 80 Hours' .Amcrtmn striking<br />

~<br />

'- 1 ~ Americanstriking cleaned 2 0 cleaned aud new lines 2 0<br />

ii ac" Pins Fitted from ud. Joints nnd Catches I'ram ud. each<br />

='iLL WORK WARRANTED FOR zu MONTHS.<br />

1 i - ni naw prepared ta supply nll kinds of. . .<br />

~ .<br />

cI0 I Pg EPIS' TOOLS.<br />

. Samples can be seen in the Furnishing Department<br />

OT R SHOE DEPAR'fMENT.<br />

LOOK OUT FOR OUR<br />

treat Clearance Sale<br />

OF BROWN GOODS, FROM<br />

relay, July 23rII, to Trip Saturday.<br />

entire Stack of thin class of goads will be cleared nt very<br />

Da nat fail ta call. Yau will be able ta.- buy. ta great<br />

"c"8 stage. These are nfl New Gauds. No old or aut of date<br />

"'"-ck ts kePt here. Our large nnd rapidly mcreusing ' —",<br />

'n!'.upemtive ta sell aff this class of goads ' ta pravide roam fpr aur<br />

'urStack of Black Gauds; which are naw due Tanrrfvo fram<br />

aur awn Factories.<br />

«me to the Sale, and <strong>Co</strong>me ea»y'<br />

TAILORING DEPARTMENT.<br />

We have a very Choice Assortment, of Woollen i;covtc rcr cnc comms vvccv<br />

from the very inst hlckcrc, mctcdinu «ll the latest, anil movt mwcl<br />

designs in: Vicunas, Wcrctcdc, Fnglish, Scotch col irish Twccda West of<br />

England snd Fancy Trouccring», Scrgcc cf every description.<br />

LATEST WEST-EED CUT AND STYLE.<br />

Sslnrlcr Wcrknauchip Dusraatec4, Ladies' Tatter-Hade Ccctsmcc ~ Speciality .<br />

READY MADES DEPARTMENT.<br />

iilea's Tweed Salts from 20/- to 85/. ,<br />

Mca's Blue aud Black S«rge Suits of Superior Cut aud Style.<br />

lgca's Cricket snd Boatiag Shirts snd Trousers, Mcn's Alpaca aad Russell<br />

<strong>Co</strong>rd Jackets, Boys' Sailor snd Byron suits, Boys' Norfolk and<br />

Molborn Suits, Youths' Rugby aad Marrow Suits. Mechanics' clothing of<br />

Every Description.<br />

Waterproof <strong>Co</strong>sts, ready-made or tc bfcacurc, m any Style. A Good Selection<br />

of Itmdy-mades, including thc Cape Overcast, thc fnvernem, thc Albion,<br />

snd ihc Chectcrficlih<br />

GENT'S OUTFITTING h; FANCY l)FPAIITMf NT.<br />

SET'8 Silk and Pelt Hats iu orcut Variety (Trade Union Made), Straw Hats ca4<br />

G Cape ts every Shape, Shirts, Cellars, Tice, Handkerchiefs, dlcvec, Umbrellas,<br />

Pipes asd Tobacco pcechc ~, bc., ac. A very choice sclecticu cfdeat'csclitalres Ces<br />

Links, Stsda sud Scarf Ptas. Seat, c PsucyWccl Hccc aad Half-Hccc. Deut' ~ Merino<br />

Hccc sad Halt Hose, Shirts ssd Paste cf every 4cccripticu ca4 quattty<br />

Special Notice to COUntry Members.<br />

This year we shall again hold n series of Sales af Surplus Stock,<br />

comprising Men' s, Youths' and Bays' Ready-made Clothing nnd<br />

Wnterpraafs at aur <strong>Co</strong>untry Branches, in order ta give aur country<br />

members an opportunity of availing themselves of these goods at<br />

Greatly Reduced Prices.<br />

The Sales will camntence alvaut the end of October next,<br />

previous ta when further notice and particulars will be given.<br />

IMPORTANT ANNOUNCEMENT 1<br />

DRAPERY atIII MILLINERY<br />

LEEP J/fh STIGMA EfvITS.<br />

Our arrangements are complete for holding aur After-Sutrnrier's<br />

CLEARS&V CE S,4 LE<br />

DURING THE WEEK COMMENCING<br />

MONDAY, AUGUST 20th,<br />

when several clearing lines will be offered at Greatly<br />

Reduced Prices, together with some very Special Purchases,<br />

in addition ta the above which will constitute aur<br />

BARGAINS, we shall re-mark the whole of the regular<br />

Stock for the wack.<br />

We adhere ta these, the usual features of aur Sales, which<br />

haa earned for Chem the reputation for genuineness they are<br />

well known ta possess.<br />

Ta avoid overcrowding during the first days of the Sale, we<br />

beg ta give aur friends the assurance, that as aur Stock is exceptianafiy<br />

heavy na rlisadvnntnge can arise by calling later in the<br />

week, better attention secured.


Fo~ VrASHING SOM-:<br />

-LAUNDRY BELLI,<br />

SOLI3 ONLY LT THZ STO&@<br />

OROCERV<br />

e.'w. s.<br />

DEPARTS EWJ/'.<br />

The PACKET TEAS Packed by the<br />

CO-OPERATIVE WHOLESALE SOCIETY<br />

are constantly increasing in favour<br />

Prices from 1/2 to 3/6<br />

T%'EN TY VF RI ETIES.<br />

WE ARE SELLING TWENTY-EIGHT TONS OF<br />

THESE TEAS ANNUALLY.<br />

ti)-)a)ai»a)ai»a)<br />

TIIE<br />

YEK BLENDING<br />

IS<br />

RENDERED<br />

SKCCKSSFUL BY<br />

Xmperienced boasters.<br />

3fodern Af acizinerzi.<br />

<strong>Co</strong>mpetent emptor ees.<br />

Ample CapitaL<br />

CQFFEES,<br />

Pure, ', anzt Pfixed to suit aii Paiates and<br />

Purses.<br />

1 C.w.&. TQBACCQS<br />

LEADING LINKS:<br />

progress Mixture, Federation Flake, Equity NBYy-<br />

Cut, Sweet Blend.<br />

L 's F. :-. ps PF:bt %'Dppz, LLPLoLP<br />

C.W.S.<br />

COCOA.S.<br />

CONCENTRATED EXJ ':. ,<br />

IS A REAL LUXUR V.<br />

POD&gSSincI QrCa» 5irqngl»I g f,=, ,q.„:;,'&, --, -<br />

t. flavour.<br />

NOT EXCELLED BY ANY OTHER<br />

Prepared BREAKFAST C(tC(», ;, :F<br />

Made of Finest Grown Nibs and Higi<br />

Ingredients,<br />

VollllzlC .. All~a .. gigC6 'iII, I.'<br />

s e ~ e<br />

Qonegnfrafgc»<br />

t. S&fFneg<br />

<strong>Co</strong>ntains no Sugar and no Starch.<br />

OF GREAT NUTRITIVE VII LUZ


&& /8l il H E,~I,N,c:0Lbt<br />

t ltlllti1iilI' ~[llllfll'I Ihltt']Iltllltitftlll Q~I1!'ttt<br />

Lt MITED<br />

1LVER STBEEi<br />

8Ãlr i I'jr<br />

~ll' ~I& &I' XXJ ) t:~l<br />

J<br />

Cc4AAz " ~= -z~ ---~ .- ~~//Q<br />

I ~/p<br />

PW/o ~<br />

n n /<br />

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i"&~M~<br />

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~~~d p'.<br />

B4 a Mo.<br />

we'd'.<br />

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Jj w~~~<br />

Pr~y) /whee-<br />

Pc@' ~/<br />

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g~,~.~ A ~/$~~3<br />

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/~.<br />

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;;ll<br />

~ uc<br />

/3p' ~gd<br />

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/8'~5S-<br />

A'a. r& /<br />

fp/8 - /O<br />

/Ap/. /+- &<br />

9~


The Lincoln Equitable <strong>Co</strong>uoPerati~e industrial Society, Ltd.<br />

REPORT B ST.ATE ~E 5'T OI=,ACCOUNTS<br />

FOR THE 156th QUARTER ENDED OCT. 3rd, 1900.<br />

AT THE<br />

Sub=Central . .<br />

. . . Stores,<br />

HIGH STREET,<br />

Each department is now stocked<br />

with everything Members require.<br />

Grocery and Provisions, Bread,<br />

Flour and Offals. Stocks replen-<br />

ished weekly. Alwaysfresh. <strong>Co</strong>n-<br />

fectionery fresh daily: our own<br />

manufacture, largest variety in<br />

Lincoln. See windows.<br />

IIN<br />

SUB-CENTRAL, HIGH STREET.<br />

TheawIDrapery Department )<br />

Holds heavy Stocks of Blankets,<br />

<strong>Co</strong>unterpaues, aud Sheetings,<br />

Down, Tapestry, and other Quilts,<br />

Calicoes, Flannelet tea, Woollen<br />

Union 'and<br />

, Oxford Shirtings,<br />

<strong>Co</strong>rsets,<br />

Gloves, Inc.<br />

Hosiery, Umbrellas,<br />

In the Boot and Shoe . .<br />

. . Department<br />

Every Class of Goods in Gent's,<br />

Ladies', and Children's Boots,<br />

Shoes, and Slippers is kept, including<br />

the noted "Wheatsheaf"<br />

and "Equity" Brands.<br />

Repairs done on ihc Proroisos<br />

SUB-CENTRAL FURNISHING DEPARTMENT.<br />

Drawing Room, Dining Room, and Bedroom Suites; Mahogany, Dark Walnut, Birch, and Painted Furniture. Bedsteads,<br />

Bedding, and Wire Mattresses. Brussels, Tapestry, Kidderminster, and Hemp Carpets, Hearthrugs, Fancy, and <strong>Co</strong>coa Mats,<br />

Linoleum, <strong>Co</strong>rk Linoleum, Oilcloths all sridths, and everything reouisite for House Furnishing. Carpets made and fitted. I moliums,<br />

etc., cut and laid by competent workmen. The Basement Showrooms are replete with China, Glass, Crockery, Blackware,<br />

Hardware, etc., dtc. Stocks greatly augmented. New Designs in Dinner, Tea, and Toilet Sets. <strong>Co</strong>me and see our splendid<br />

Show of Majolica Ware in Fancy Flower Pots, Vases, Ornaments, dcc., etc. Grandest Show in Lincoln.<br />

SUB-CZZTTTRAL FOR<br />

Paper Hangings! Paper Hangings!! Payer Hangings!!!<br />

Arrangements are being made to show s5,ooo Pieces for Season rpor. The increased sales of the past season have<br />

necessitated an extensive enlargement of the Wall Paper Show Room. Pulps, Sanitaries, Oaks, Ceilings, Tiles, Golds, fkc.<br />

Hundreds of entirely New Patterns to select from. Stock liept at Sub-Cenfral only. Pattern Books at Central aad all Branches<br />

will be ready early in the New Year.<br />

SUB-CENTRAI' BUTCHERY DEPARTMENT.<br />

Beef, Mutton, aud Pork, fresh daily. Nothing but best English Meat sold. Sausages, Polony, Brawn, Acelet, and Pork<br />

Piss, an our own make, produced under best and deauhest conditions.<br />

Members in the South part of the City should concentrate all their trade at the Sub-Central Stores, High<br />

Street. The Receipts have nearly doubled during the psst d years, but there is room and convenience to do still more before the<br />

premises are fully utiTistxh<br />

V~74-EPEINIVEPIIES FPIOIVI SLlB-CENTRPIIN DPI itsY.


"SLOW BUT SUPE" tUNION IS STRENGTH»<br />

ginccLn +~„ciuitabLe gc-cperatiee InbustriaL gcciety, gib. jj<br />

ESTjK IS tu ISH ED I86I.<br />

Registered under tbc ladastrlal and Provident Soclctlea Act, 1893.<br />

OBJECTS OF THE SOCIETY.—First, it provides its Members and the General Public with Bread, Flour, Grocery,<br />

Provisions, Drapery, Clothing, Boots and Shoes, Butchers' Meats, <strong>Co</strong>als, Crockery, Hardware, Furniture, Etc. ;<br />

Second, it seeks the Domestic, Social, and Intellectual advancement of its Members.<br />

Annual Business, over 4205,000. Number of Mexnbers, 9,694. Bltare Capital, $128,819 148. lid.<br />

I oan Capital, $22,646 2s. 6d. Reserve Pund, k7,148 17a 6'.<br />

Bankers: TBE LINCOLN AND LINDSEY BANKING COMPANY, LIMIIED; TME CO.OPERATIVE WIIOLESALE SOCIETY, LIMITED;<br />

aod the NATIONAL PROVINCIAL BANK OF ENGLAND.<br />

YBE g"'-t-'Bt'-, 7 .'; -';.-'. ,~. ', 'HACK S~ '". ET "--C'g& I'EIE::56IR 9t,'AVTEg,<br />

Purchases from the <strong>Co</strong> <strong>operative</strong> Wholesale Society<br />

from other <strong>Co</strong>-<strong>operative</strong> Sources<br />

Value of Goods produced and grown by this Society<br />

Animals Slaughtered during the Quarter: —Beasts,<br />

Central Stores and Offices:— SILVER<br />

No. I Branch—BRACEBRIDGE.<br />

2 „BURTON ROAD, LINCOLN.<br />

8 „SHAKESPEARE STREET, LINCOLN.<br />

4 „RIPON STREET, LINCOLN.<br />

5 „WZLBOURN.<br />

5 „ METHERINGHdM.<br />

7 „ GREAT NORTHERN TERRACE, LINCOLN.<br />

8 „SAXILBY.<br />

9 „BAGGZHOLIKE ROAD, LINCOLN.<br />

10 „NEWLAND STREET WEST, L1NCOLN.<br />

EtttLPEL'I OCTOBER ERL), ToIOO.<br />

Grocery. Drapery. Boots S Shoes. Tailoring. Furnishing. Total.<br />

k13,800 k2, 150 k550 k595 k1,100 k18,19@'-'t~<br />

k437 k204 k 329 k89 439 $1,098<br />

422,563<br />

]I 7; Sheep and Lambs, 430; Calves, 2; Pigs, 147; Total, 696.<br />

STREET dl FREE SCHOOL LANE, LINCOLN.<br />

No. 11 Branch —BKRDNEY.<br />

12 „NORTH STREET, HORNCXSTLE.<br />

13 „SOUTH STREET, SLZAPORD.<br />

14 „HIGH STREET, LINCOLN.<br />

15 „UNION STREET, MARKET RISEN.<br />

18 „BASSINGHAM.<br />

17 „REEPHAM.<br />

18 „%INN STREET, LINCOLN.<br />

19 „ HXCKTHORN.<br />

PAULI HERV ZYRyKPfeHES u<br />

No. I, RIPON STREETt No. 2, GRESHAM STREET; No. 3, BURTON ROAD; No. 4, HIGH STREET; No. 5, BKGGEHOLMZ RO+D<br />

Thy gL'ggTFgD. "I(L,HiXG VViH Il .";&II' iZ LI:-e <strong>Co</strong>noPKjATI&'E jIAI.I.,<br />

Gn MONDAY EVENING, NOVEPlBEQ Sth, 1900, at ffalf=Past Seven o'clock.<br />

1.—Minutes of last General Meeting.<br />

IL—Admission of New Members.<br />

3.—Report and Balance Sheet.<br />

4.—Election of Doorkeeper at General Meetingu.<br />

5.—Election of Scrutineeru.<br />

G,—Notice of Ifotion by Educational <strong>Co</strong>mmittee: —That a Grant of<br />

M29 be xuade towards the Panda of a Plower Show and Choir<br />

<strong>Co</strong>ntest, tobe held in 1901.<br />

PROCvRAMMP OP BUSINKSS:<br />

7.— Application for a Grant towarda Smhll Scholaruhipu in <strong>Co</strong>oltery<br />

ctc., for Girls m Lincoln Schools.<br />

8.—Nominationa for <strong>Co</strong>mmittee of Management.<br />

9.—Election of Eire Members of the Educational <strong>Co</strong>mmittee.<br />

10.— Any other Business.<br />

aa


Mr. J. XV. COD& IN(L P&««ident . ..<br />

Mr. WM. COULSON, Trccscri.'r . 21<br />

Mc. DUNC (N McINNES, Sc&.rc&,.iry<br />

«Mr. W. B. HO)VARD<br />

COMMITTEE OP MANAGEMENT.<br />

Mr. GEO. SHARPE<br />

«Mr. I&I. SMAI LER<br />

Mr. (V. HE(VSON<br />

Mr. I&OBERT FISHER<br />

c')<br />

Mr. FRANK SWABY<br />

«Mr. HE NRY T)UCK W ORTH<br />

«Mr. WIf LIAM TURNER<br />

Aui&i uas «Mr. JAS. ()RANGE«Mr, )V. P. ARMSTRONG, Mr. W. P. ROBERTS. Csex&En —Mr. FRED STEPHENSON.<br />

' Bctiiin ~ Mc&n1&crs, each «li &t&)c for nuc&initiun. 23 <strong>Co</strong>c&inittc Meetings have been held during the Quarter.<br />

DEPARTMENTAI& COMMITTEE<br />

Pours . .. . . Me«sic. «:)ULSOiV, CODLING 2 SH ', RPE. Dec psnv 2 Tsrcnnr&&o<br />

B:rc&iviiv<br />

.lic«srs. FISH ER, SWAB Y<br />

..<br />

A DUCKW&&RTH'<br />

I&I - r. HOWARD, 8HAI(PE A TU(I'NER. F&ssxcs ... . . . Messrs.<br />

Buiimvos McINNSS, COULSOV A HOWARD.<br />

. M ssrs, CODLING, SMALI EIL HE ' &VSON 2 SEVABY. Gi'ocssr. . .. . .. .Mc sr«. SMALLER, HEWSON A'<br />

<strong>Co</strong>st, TURNER.<br />

, Mc, -rs. H IIVARD, DUCK)VOIITH 3& TURN)'B. ~, RorrivoA LivESzucx . Messrs, SMALLER, HEWSOiV &2 FISHER.<br />

TO TIIE MEAIB&ERS,<br />

Fan» ixa. .. M" srs. SHA. RPE, FISHER, SWABY Jc DUCKWORTH.<br />

COMMITTEE'S REPORT.<br />

»Ve beg to sub&nit to you (lie &5&&th Quarterly Report and Batance Sheet. Tlie total ainount received for goods sold during the quarter<br />

is ASLui8 &6s. 5-.",d. , heing an increase of r &33 i6«. 7&d. over List quarter, anil &. L if zs. 54d. over the corresponding quarter of last year.<br />

The nct profit on the quarter's business, includmg z i53 Js. Ized. 1&rou ht for&vard froin last quarter, isf, 6,ooo Ss. ;$d., which sum will allow<br />

Z&,673 rys. Sd, as interest, Z 3c75o as ilividcml, bein is. i L in tl&e & on Members' Purchases, and f z7 r8 . Sd., being 8d. in the g on<br />

Purchases of &Non-Members; 6z73 5i. 9d. being z4 per cenb per annum for depreciation of Branch and <strong>Co</strong>ttage Property; /zoo 5s. od<br />

being ro per cent. depreciation of Icixeil Stock; 6 5& bein ~<br />

z per cent. depreciation of Alilling Plant; 6 6g ys. 3d. for Educational Purposes;<br />

g&5 for the VVorlnnen's Insurance Fund, and z zl. ris. 8';d. carried forward to next &?uarter. z8y persons have joined the Society within the<br />

Quarter, r iq have ivithdraivn, nnd q forfeited, making the present number 9,69'..<br />

Members in the south &f the City, needing I'aperhangings, Furniture, Drapery, Crockery, or Boots, are asked to trade at the Sub-<br />

Central Stores, where large vieil-assorted Stocks of each class of these Goods are now held. In the new streets leading from Monks Road<br />

southward, we have a steadily-growing membership, whose purchases in the above-named Lines are being made at the Central Stores, in which<br />

space is becoming inadequate for the increasing business. In the interests of the Society, therefore, it is essential that Members in High Street<br />

and the vicinity should utilize the Sub-Central, where there is ample room for more trade. The premises are now lighted by electricity, a<br />

Boot and Shoe Repairing Workshop is being provided, and there is a daily van delivery of goods. The sales last Quarter exceed those of the<br />

corresponding Quarter of r89g by kg(.<br />

The large Branch Store in Winn Street, built and fitted up by the Society's own workmen, was opened for business on Friday,<br />

October 5th. Dr.ring the previous evening a Public Meeting was held in the Warehouse, when the President formally opened the premises<br />

and introduced the Manager, Mr. VVilkinson, late of the Dewsbury Society, to those present. Members living in the neighbourhood are<br />

requested to confine their Trade to the n w Store, and to assist in enrolling new members, so that the amount of Business done may speedily<br />

render the investment of Capital in the New Building remunerative.<br />

Fora consid rable time we have been desirous of having a Branch'Store of our own at Reepham, where the Trade has increased<br />

until the existing rented premises have become much too smalL An opportunity having recently been presented we have purchased, by<br />

auction, for »"375 and 675 respectively, two suitable properties. On that ccsting f75 we purpose building a Shop and Bakehouse.<br />

The other property comprises a dwelling-house, stabling and a grass paddock of ra«acres. The trade at<br />

Reepham last Quarter reached gq39, an amount which we expect to see greatly increa ed in due course, after adequate room is<br />

provided and larger and more varied Stocks are held;<br />

The Amalgamation of I<br />

this Society and the Hackthorn Society is now effected<br />

fore making any extensions in this district we intend holding Propaganda Meetings in<br />

ready a few Members of the Society.<br />

and has been duly registered according to law. Beneighbouring<br />

villages, in some of which there are al-<br />

The re-building and enlargement of Burton Road Branch is begun, and will be pushed forward with dispatch. While the work Is<br />

in progress some inconvenience must necessarily be experienced by Members trading in the temporary premises; but we hope all will do<br />

their utmost to enable Mr. Aucklauil and his Assistants to tide over the difficulties caused by lessened room, until the Stores ar&s<br />

opened,<br />

24<br />

24<br />

23


Dr.<br />

Rlf CZ!PI'S.<br />

s. d.<br />

To Cash in hand .<br />

„Bale of Goo&le, Central Grocery<br />

5,331 4 Gj<br />

Drc.pery s.n&! Millinery '-', 780 6<br />

Boo&. and Shoe. ... , . . . 2228G 8 9<br />

ButHicry<br />

4,2&JG 14 1lt<br />

Hides, Skins, Fc,t, &bc. 894 15 6<br />

637 17 11<br />

9t<br />

FjtvHIIO7H/ StRtGzvvetvt fpfyivv dulY 5tfv& to 0ctob+G! 3pd 1900.<br />

Mill<br />

Tci!Oiing 2<br />

1&criu lung<br />

Outfitting<br />

lluildin 1&epartiueni<br />

Hyl&cbciu Farm<br />

Brscebriil 'c. iN . 1 I!rcncli<br />

Ecru n 1: . «. . No '<br />

i&n1ucli . .<br />

Slial. espearo Ht. , Nn. 3 I rcncli<br />

Ripon S&.rect, lio. 4 Drench<br />

JVell oui n, No. o Brsnub ..<br />

Metier nghm:, Nn II !&much .<br />

Baxiibv, N &. s Drench . . . .<br />

I e EI,. !&D 1 cid. &i!u. !I Hrcileli<br />

No:v!. iiil Ht. W. N&. lc Branch<br />

B.i uicv, N ll Brunel& . .<br />

S!esforil, Nu 12 Brcnoh . . .<br />

lli 'h Stre«'. , KL 14 Br"ucii<br />

llcrliet R.i& .I, Fu. 1.& 15rozich<br />

B:is.*ngl. am, Ko 10 I!rcnch<br />

Reek!.um, N . 17 Itrcnch<br />

Hucktb &rn li o. 19 Branch .<br />

„Sale of Cnsls-<br />

No. 1 Brsuci&. . H Si 12 45 Nn. 10 Lrcnch.<br />

No. 2 „.. 1!5 5 6 Nu. !1<br />

No. 4 „~ I!i' I lp Nn 15<br />

Ni. 5 „. . Xl 19 1 Ni&. 14<br />

No. r „.. 94 18 1O! Niu. li<br />

Nn. I „.. 281 1 I'4 No. 10<br />

Nu. ii „.. 44 &i I No 17<br />

No. '& „.. 125 3 0<br />

„Adi!incns to Hhcze Cspitsl. ............. .. . . .<br />

Loan pep&tel<br />

n Dopes&is iu Peniiy Haul,<br />

Centra!. . .. . .55,0152 J 8 iKo. 9 Branch<br />

No. 1 Branch .. 27 10 4 Nu. 10<br />

Ko. n „.. 20 4 7 No. 11<br />

No. 5 „.. 18 4 8 NO. 12<br />

Ko. 4 „. . 8 8 ii!u. 13<br />

Ko. 5 „.. 31 1'! ll Nn. 14<br />

Ko. G „.. 811 0 No. lu<br />

No 7 .. 8 8 9 Nu. l&i<br />

Ãob„. . 412 8No17<br />

1,880 10<br />

DjIOOI<br />

1,1JG&0 19<br />

&9588 1&J<br />

57 19<br />

2 0<br />

2,015 7<br />

1,875 19<br />

2,154 7<br />

2,815 Gi<br />

1,««38 12<br />

9<br />

9<br />

0<br />

0<br />

2t<br />

2<br />

Gt<br />

l,iixo 5 10<br />

1,207 17<br />

2, 103 14 9<br />

1,5(J1 ln 1lt<br />

1,42 14<br />

l, tld'J 2 11<br />

2,401 14 11<br />

3,747 14<br />

1,414 14 lit<br />

GOG 1<br />

9!0 4 4<br />

89 Ii 9<br />

78 9<br />

14 lu<br />

1&JG 5<br />

53 5<br />

I'&7 18<br />

8 17<br />

5<br />

29 4<br />

lot<br />

8<br />

5<br />

0<br />

9<br />

2 7 2<br />

10 12 8<br />

912 5<br />

53 9 9<br />

4 1 o<br />

25 ll<br />

8 4<br />

11 8<br />

5 2 8<br />

„Deposited in Provident Clnb<br />

Butchers Cluistmss i'lub<br />

„Repay&Dents from House Purchasers —Members' Property a/c.<br />

„ Insurance I'und<br />

„Sale of I,ive Stock<br />

Branch Mans, gers' Bou de<br />

„Heck&horn Society's Reserve Fund<br />

„Reuls, Central<br />

iKeivport<br />

Shaiiespeare Street<br />

Great Northern Terrace<br />

Gcs Street<br />

S.neil Tenace<br />

Kes&eien Street<br />

Chelmsford Street<br />

Tenners' Lane and High Street<br />

Sincil Banks .<br />

Bardney<br />

Horn&. as le<br />

John Street<br />

Ra~Dime Road<br />

I'lorence Street<br />

Eel inont Street<br />

New Bocltbam<br />

0 0 0<br />

5 6 0<br />

4 1 6<br />

316 p<br />

615 p<br />

90 8 0<br />

513 0<br />

21 lo 6<br />

9 o 0<br />

81 2 ii<br />

14 15 10<br />

0 0 0<br />

8 0 0<br />

618 6<br />

31 1 0<br />

3818 G<br />

29 4 p<br />

„ Zntrcnce Fees .................... .... .... ,<br />

,, '1'ransfer I ees<br />

„Noin;ca&ion Pees<br />

„Sale of Ru!es, Cards and Cash Books.<br />

In&. rest snd Dividencl Hebilen Bridge Fustian Society ......<br />

Duidey Bucket snd Fender Society<br />

Leicester Hosiery Society ............<br />

<strong>Co</strong>-<strong>operative</strong> Cutlery Society<br />

Pais!ey Manufacturing Society<br />

Airedale Worsted Manufacturing Soc..<br />

Leek Bilk Twist Society ........... ...<br />

<strong>Co</strong>-operatiie New paper Society. .....<br />

Lincoln and L:ndsey Bank Shares.<br />

<strong>Co</strong>-<strong>operative</strong> ...<br />

Wholesale Society. .... 114 „Di&idend, 19 10<br />

, „...... 349 12 2<br />

Bank Balances. ..<br />

57,018<br />

4,9i8<br />

I 359<br />

s.<br />

IJ2 12 43<br />

16 5t<br />

5 7<br />

18 7<br />

1,350 7 10.<br />

!iM, 14 9<br />

9 lb 9<br />

1,0!i2 2<br />

11 10 0<br />

19 10 0<br />

100 0 0<br />

106 0 0<br />

235 12 4<br />

14 4 0<br />

1 I 9 o<br />

8 I'& 6«<br />

7 17 07<br />

21 .18 0<br />

1 10 0'<br />

514 O.<br />

8 5 6<br />

Go, l<br />

I 718<br />

62 14 Pj<br />

464 12 O<br />

i ASH ACCOUNT.<br />

DISBURSEMENTS<br />

Ily Bala&ice owing to Hanks<br />

Auorvr Pzm rou GooDE<br />

„Grocery<br />

Drapery anil Mdlmery<br />

„Boot anil Shoe<br />

„Butchering<br />

„<strong>Co</strong>als<br />

Tailoicng and Outfittui<br />

„Furuishing<br />

n Flonr Mdl<br />

Biulchn«Department<br />

Hykelism Farm<br />

Vicarage Farm<br />

n Carriage of Goods .<br />

<strong>Co</strong>al<br />

W&exs zon PI;oDoczivx Linoca:—<br />

„Grocery<br />

n Drapery and Millinery<br />

„Boot and Shoe<br />

Bi&tube&'iiig<br />

„Ts, iloring and Outfitting. .. . .. .......<br />

n Builcling Department<br />

„Mill rs. . . . .<br />

n Hykeham Fariu<br />

n Vicsrcge I'arm<br />

n JV&oxs zon Disrumrrrivs Lsuoiiu:—<br />

„Grocery<br />

„Drapery s,nd bQllinery<br />

„Boot and Shoe .............. .......<br />

n 1&utchering<br />

n Tailorir. g and Outfitting<br />

„Furnishing, ... .., ,<br />

„<strong>Co</strong>als<br />

„Office<br />

<strong>Co</strong>u1lissiov IED W&exs<br />

No. 1 Branch .. Gl 13<br />

No. 2 „.. 5019<br />

No 3 3814<br />

NO. 4 „.. 4811<br />

No.5, 152 1<br />

No. 6 „, , 102 17<br />

0<br />

ND7 „.. OG<br />

No. 8 „. . 38<br />

Ko9 „. . 5712<br />

I vux Bumvcuss I—<br />

0 No. 10 Biauch. .<br />

6 No. 11<br />

G No. I&<br />

0 No 18<br />

2 Nc. 14<br />

ii No. 15<br />

0 No. lii<br />

4 No. 17<br />

5 No. 19<br />

s.<br />

li 4<br />

18,920 IG 9<br />

4,160 12 5<br />

1,888 13 2<br />

3,664 9 11<br />

2,390 16 10<br />

1,305 8 0<br />

2,00'& 14 5<br />

8,141 I 3<br />

8,114 4 7<br />

213 15 0<br />

121 19 8<br />

969 10 4<br />

89 lii 10<br />

47,044 5<br />

307 18 10<br />

149 18 G<br />

170 10 3<br />

8&5 o<br />

325 15 10<br />

22&70 8 9<br />

217 4 9<br />

92 5 0<br />

83 18 I<br />

587 11 2<br />

203 9 0<br />

109 10 0<br />

IRJ 13 3<br />

10'& I 0<br />

180 8 1<br />

17i& 0 8<br />

207 1 0<br />

41 18 5<br />

59 16 0<br />

79 9 0<br />

14G 18 6<br />

199 15 4<br />

76 14 0<br />

32 10 0<br />

58 16 0<br />

4 4 0<br />

n Withdrswals from Shsze Capital. ........................<br />

Loan Capital .... .....................<br />

Penny Bank ............ .............<br />

„Additions to li'ized, Rolling, and Live Stook Account<br />

Members' Property Account ............. ...,<br />

„ Interest on Branch Mnnagers' Bonds ......<br />

„Horse Keep<br />

n Non-bfembers' Dividend on 2744 at 8d in the 6<br />

n Eilucational Grant<br />

„Provident Club .<br />

„Repayment of Bond<br />

„Payment from Insurance Fund<br />

„Addition to Buiklings Account: —Reephsm. ...............<br />

„Ruxrs:—<br />

„ Bracebridge<br />

„bfarket Rasen I ield<br />

„ Iteepham<br />

„Field<br />

„ Stables. ..<br />

„ Gregg Hall Farm ................., , .... , ..<br />

„ Vicarage I'arm .. ..... , ....................<br />

Im Es rusv zs<br />

„Shares in <strong>Co</strong>-op. Wholesale Society<br />

Hebden Bridge Fustian Society ....<br />

Leek Silk Twist Society<br />

<strong>Co</strong>-op. Cutlery Society<br />

Paisley Manufacturing Society<br />

Ruston, Proctor A <strong>Co</strong>.<br />

„Gxxxssn Eximisrs;—<br />

„<strong>Co</strong>&nmittee snd Secretary's Salary ........<br />

u Auditors Salary<br />

u Stocktaking, Exteuding, Checking, &kc.<br />

Insurance<br />

„Printin«, Stationery snd Advertising ..., ...,<br />

„Postage Stamps snd Che&iue Books. ........,<br />

n Repairs<br />

„ l.ates and Taxes ...................., ..., .<br />

„Gss<br />

„ Water ....<br />

„ Delegates' Expenses. ............,<br />

„Travelling Expenses<br />

„Bank <strong>Co</strong>uunission and Interest. ......... , ...<br />

Susscalrvioxs:—<br />

„<strong>Co</strong>-<strong>operative</strong> Union<br />

n No. 9District MidlandSee. <strong>Co</strong>-<strong>operative</strong> Union<br />

„Flower Show<br />

, Pw2!way Servants' Widows snd Orphans Fund<br />

, Cash in Hand<br />

3 1!i 0<br />

Pd O 0<br />

315 0<br />

IG 5 0<br />

6 5 p<br />

50 0 0<br />

48 5 0<br />

206 0 0<br />

18 12<br />

I 5 p<br />

110 0<br />

514 0<br />

IG2 0 p<br />

37 15 0.<br />

19 15 Oc&<br />

38 14 5$<br />

54 9 11«'<br />

91 I 0<br />

80 2 2~&<br />

475 13 lg<br />

198 I Ilf<br />

76 4 II~<br />

5 5 lc<br />

5 I 4)<br />

I 8 6<br />

9316 5&r<br />

s. d. 2<br />

6,947<br />

3,796 13<br />

1,719 9 c<br />

1,245<br />

7,724<br />

2,o242<br />

I, &85<br />

605<br />

1,8 &8<br />

I'&<br />

250<br />

24<br />

68 4<br />

50<br />

14<br />

45<br />

140<br />

394<br />

5 0<br />

110<br />

02<br />

OI<br />

20 0<br />

5 0 0<br />

oi<br />

1,169<br />

963<br />

19<br />

5<br />

7 6<br />

14 G<br />

2<br />

16 0<br />

0 0<br />

6 7<br />

0 0<br />

!7 10<br />

0 0<br />

5 0<br />

I 2<br />

18 9<br />

16 5<br />

SZZ&899 7 10


Dr. SIIAIIE CAI'ITAL ACCOUNT. Cr.<br />

To iVithrlrawsls<br />

„Forfeits on IV &(bdre u ale, deducted from Fired Stor!& Account<br />

„'?Bs l)eposils to Buildm Account, at is. each . ..,<br />

„Furca<br />

„Allowed for Interest snd Dividend, but not required<br />

„Present (.'Iaim of hierubers<br />

Dr.<br />

To Wilh&lrawals .<br />

„Present Claims<br />

Previous Additions<br />

<strong>Co</strong>st. this Quarter.<br />

s d f s d<br />

17,827 19 9 GDi 5 0<br />

Previous<br />

<strong>Co</strong>st.<br />

f s &I<br />

G,SGD 19 6<br />

Dr.<br />

Balance<br />

d.<br />

7.724<br />

9 4 I<br />

2!r If) 0<br />

S I<br />

!)4 14 10<br />

I'&S,319 14 ll<br />

f18(&!&10 14 6<br />

LOAN CAPITAL ACCOUN r.<br />

s. &l.<br />

'& v4v 2 6<br />

9 64(l fl<br />

f24,838 5 0<br />

Bv & 'al ilril es per Inst Balance Sheet<br />

I&If&i t iii lai!ri f)iisiuet .<br />

Dili I&&i&( iti Ij'&fir 0 i<br />

<strong>Co</strong>ntr&burr ms<br />

By Loans as per Last Bslance Shee' ...<br />

„ Interest us per Inst Balance Sheet<br />

„<strong>Co</strong>ntnbu&ions . .<br />

I&ISED, ROLLIiNG, AND LIVE STOCI ACC()UNT.<br />

l.<br />

I'&» .rrr)'& !i 1<br />

I ', rr r)<br />

, j (r'ri<br />

4!i& I<br />

r'I'fii "() I I 9<br />

Cr.<br />

&1<br />

'I"<br />

Is". I' 7<br />

Additions by Society s Tct il Dcprecisticii All lived by is."I Frr rii 8:ilv of I.&ic uli I T: I<br />

own Worlonen. <strong>Co</strong>st. previously allowed. Balance SI)rect. Fees, ,r i. I'ii ed Stock. D 'l»e """'"<br />

s d f s d<br />

140 14 10 la, ili 19 10,32l 8 0 197 10 0 SS '& ll I!I ID 0 10,1&6;I . " 11 '(, DID 1.&<br />

Mditions<br />

this Qusirer.<br />

s d<br />

0 0 0<br />

Total<br />

<strong>Co</strong>st.<br />

s d<br />

G,SGD 19 Gi<br />

MILLING PLANT ACCOUNT.<br />

Depreciation<br />

previously sll »ver.<br />

f e d<br />

'2,78:I 10<br />

RESERVE FUND.<br />

Allo&re&1 bv Inst<br />

Be,fan e bb'et.<br />

f s ll<br />

0 0<br />

Tr rsl<br />

Iivprecirir. i n.<br />

rl<br />

'„, , s.l I!r<br />

s. &l.<br />

7,148 17 fit By BaL&nce ss p r Lust Calcine Sbcrt<br />

Interest m Lmcoln and lsu isey I)ui" Sharc<br />

., Hackthorne So!s Reserve I'un&I transferred on arne!„siiia!»ur<br />

27,146 17 66<br />

In& bl Il r'<br />

I'<br />

')<br />

I I<br />

li<br />

Cr.<br />

f .It» Ii »0<br />

Dr. MEMBERS' PROPERTY ACCOUVi T. Cr<br />

s. d.<br />

To Amount sdvnnced on Property as per last Balance Sheet. ... 86,040 5 3<br />

„A.rlvsnced this Quester .............. . . ............ I,S23 7 6<br />

f37,SGS 12 9<br />

By Repayments as per Cash Account .<br />

„ Less Interest. ....................<br />

„Balance owing to Society<br />

f s. d. f, s. d.<br />

1,0GS 2 2<br />

362 10 11<br />

679 11 3<br />

37,16!2 I fi<br />

f87,(i66 12 9<br />

Dr. LAND AiVD BUILDIiNGS ACCOUNT. Cr.<br />

Property Previous Cast<br />

f e. d.<br />

Central Stores ...... 28,279 2 5<br />

Brscebridge ........ 1,581 8 5<br />

Newport. ........... 1,00S 2 11<br />

Shakespeare Street .. GGS 17 6<br />

Ripon Street. ...... 1,689'18 8<br />

Welbourn ........ . 2,315 5 9<br />

hfetherlngbam. ..... 1,923 6 6<br />

Gt. Northern Terrace 905 5 11<br />

Ssxilby ............ 819 8 6<br />

ltaggholms Road. ... 1,851 IG 0<br />

Newlsnd Street West 559 13 11<br />

Bsrrlney. ........... 8,510 2 I<br />

Horncsatle. ......... 1,507 15 10<br />

Slesford .. ......... 8,477 2 7<br />

High S4reet ........ 11,285 2 0<br />

kfarket Rssen ...... 8,804 12 I<br />

Bsesingbam ........ 1,389 5 6<br />

Reepbam ......... 0 0<br />

Free<br />

0<br />

School Is&ne .. 598 16 0<br />

Gns Street .......... 276 4 11<br />

Waterside North. ... 16,074 1$9<br />

Sincil Terrace ...... 1,236 15 9<br />

Xesteven Stmet .... 564 18 I<br />

N orth HykebamFsnn 22(05 16 9<br />

Chelmsford Street .. 1,14l 13 6<br />

Crresham Street .... 888 13 0<br />

Sincil trank ... .. . 2,908 16 10<br />

John Street ........ 500 0 0<br />

Wins Street ........ 4,371 8 6<br />

New Bouttbsm .. ... 2;319 7 4<br />

598&2$1 18 7<br />

Additions<br />

this<br />

Quarter. s.<br />

Mditions by<br />

Society's oivn<br />

Workmen. Total <strong>Co</strong>st.<br />

d. f s. d. f s, d.<br />

23,279 2 5<br />

1,531 8 5<br />

1,00S 2 11<br />

698 17 6<br />

2,000 0 0 3,639 18 3<br />

2,315 5 9<br />

1,9'&3 6 6<br />

905 5 11<br />

819 8 G<br />

1351 IG 0<br />

559 18 11<br />

81 I 8 $,591 3 4<br />

l,i(rf 15 10<br />

4,477 2 7<br />

11,235 2 0<br />

8,204 12 I<br />

1»239 5 6<br />

45 0 0 45 0 0<br />

593 IG 0<br />

276 4 11<br />

16,074 13 9<br />

1,236 15 9<br />

564 1$1<br />

Sv705 16 9<br />

1,142 1$ 6<br />

388 13 0<br />

2,908 16 10<br />

500 0 0<br />

1,000 0 0 5,471 6 6<br />

444 IG 2 2,768 5 6<br />

45 0 0 63»525 17 5 f96,802 11 0<br />

Depreciation<br />

previously alloured.<br />

s. d.<br />

3,60G 8 I<br />

206 I 9<br />

814 12 11<br />

221 5 6<br />

'99 8 3<br />

437 2 9<br />

448 16 6<br />

253 13 11<br />

23r& 11 6<br />

800 16& D<br />

183 3 11<br />

265 15 4<br />

272 15 10<br />

G14 2 7<br />

GS 2 0<br />

197 2 I<br />

286 15 6<br />

0 0 0<br />

19G 16 0<br />

92 4 11<br />

1,438 19 6<br />

897 5 9<br />

122 18 I<br />

396 17 8<br />

91'I 18 6<br />

59 3 0<br />

469 IG 10<br />

4v 0 0<br />

179 16 6<br />

23 5 7<br />

812,884 I 4<br />

Allowed<br />

last Quarter.<br />

s. d.<br />

29 15 0<br />

8 6 8<br />

410 0<br />

8 0 0<br />

715 0<br />

1115 0<br />

9 5 0<br />

4 2 0<br />

813 0<br />

615 0<br />

210 0<br />

20 G 9<br />

8 0 0<br />

1800<br />

25 0 0<br />

19 10 0<br />

7 0 0<br />

0 0 0<br />

210 0<br />

110 0<br />

29 li 0<br />

510 0<br />

21S 0<br />

13 2 6<br />

6 0 0<br />

I li 0<br />

li 5 0<br />

0 0<br />

2610 0<br />

14 7 9<br />

5811 3 6<br />

Total<br />

Depreciation.<br />

f s. d.<br />

3,636 3 I<br />

214 8 5<br />

319 2 11<br />

224 6 6<br />

406 IS 8<br />

448 17 9<br />

453 I 6<br />

267 li 11<br />

240 4 6<br />

307 11 0<br />

IS.& 13 11<br />

266 2 I<br />

280 15 10<br />

632 2 'I<br />

833 9 0<br />

216 12 I<br />

243 Ii 6<br />

0 0 0<br />

199 6 0<br />

98 14 11<br />

1,468 14 6<br />

402 15 9<br />

125 8 I<br />

239 10 0<br />

228 13 G<br />

60 lii 0<br />

48i I 10<br />

45 0 0<br />

206 II 6<br />

3713 4<br />

f12,695 5 0<br />

Present<br />

Nominal Value.<br />

s. &l.<br />

19,642 19 4<br />

1,816 li 0<br />

689 0 0<br />

474 12 0<br />

8!&33 0 0<br />

I, :GG 8 0<br />

1470 5 0<br />

G47 10 0<br />

ri78 19 0<br />

1,044 5 0<br />

374 D 0<br />

'I,BDi I 3<br />

2b4i D 0<br />

10,50& 0 0<br />

B,f)38 0 0<br />

1,09o 10 0<br />

4& 0 0<br />

81)4 10 0<br />

132 10 rf<br />

14,&!05 19 3<br />

884 0 0<br />

4332 5<br />

o,165 17 0<br />

)19 0 r)<br />

"7'& l5 0<br />

2,423 15 0<br />

45o 0 0<br />

e.l()5 0 0<br />

'-'.72l 10<br />

f64, i07 6 0


To Share Capital<br />

„Loan Capital<br />

,. Penny Bank Deposits<br />

„Resec~e Funcl<br />

„Branch Manage)a' Bonds ....<br />

„<strong>Co</strong>ngress Fuurl. .............<br />

„ Insurance Fun&1<br />

„Workmen's Insurance Funcl. .<br />

„ Provident Funds ............<br />

,. Bank Balances. .............<br />

„Balance<br />

Dr.<br />

To Bslaace Disposable<br />

GENERAL STATEMENT.<br />

s. d.<br />

I »421.) 14 11<br />

l(j, 143 h<br />

( 148 17 GG<br />

1,'„'83 3<br />

&0 o 0<br />

')ll 14 &j<br />

370 0<br />

988 9 11<br />

10,494 9<br />

G,oso 8 74<br />

2193,606 7 0<br />

Stock, Grocory<br />

Drapery cad 51(jju)e)&<br />

Boots aml Slioes. . . . . ~ ~<br />

Ijutchermg<br />

<strong>Co</strong>ols<br />

Tsjlorlng au&1 0(ii!l &li)g<br />

I uimshiu<br />

Lu, loins DePaii ment<br />

No. 1 Branch<br />

No. 2<br />

No. 8<br />

No. 4<br />

No. 5<br />

No. G<br />

No. 7<br />

No. 8<br />

No. 9<br />

No. 10<br />

No. 11<br />

No. 12<br />

No. 13<br />

No. 14<br />

No. 15<br />

No. 16<br />

No. 17<br />

No. 19<br />

Mill<br />

Vicarage Farm<br />

Hykeham Farm<br />

(j.<br />

1<br />

' 4 lit.) 1 '<br />

,', 1i i r ) I<br />

mji ll<br />

1.0:j!I<br />

42!)!l ll<br />

&joj!Ifj<br />

691 13 6<br />

861 10 0<br />

345 l,i 0<br />

868 1 fj<br />

1,4!!2 18 1<br />

912 14 0<br />

'&79 2 4<br />

430 14 0<br />

5&0 7 0<br />

452 1 0<br />

674 4 0<br />

841 12 10<br />

1,270 17 6<br />

2,802 8 &J<br />

1,&!73 19 0<br />

461,& 0<br />

26)G () 3<br />

2&!1 1&12<br />

1,493 -' !)<br />

894 10 2<br />

Builrhngs and Land Account<br />

Members' Property Account .....<br />

Fmed Stock Account<br />

Milliug Plant Account<br />

Shares in <strong>Co</strong>-<strong>operative</strong> Wholesale Society, at 5 per cent. .<br />

Hebden Bridge Fustian Society, at &&<br />

<strong>Co</strong>-<strong>operative</strong> Insurance Soc sty, at h<br />

<strong>Co</strong>-<strong>operative</strong> Printing Society, at 74<br />

<strong>Co</strong>-op. Hosiery Manufacturing Soc., at G<br />

Paisley <strong>Co</strong>.-op. Manufsctaring Soc., at 6$<br />

London Productive Society (written ojf). .........<br />

Thomson (2 Sons' Productive Soc., at 5 per cent. .<br />

<strong>Co</strong>-<strong>operative</strong> Newspnpei Society, at 5<br />

Dndley Bucket snd Fender Society, at 5<br />

Airedale Worsterl Society, at 10<br />

Midland Tinplste Workers' Society (written oil| ..<br />

Alcester Needlemakers' Society, at 5 per cent ..<br />

She!Geld Cutlery Society, at 5<br />

Brownfielrl's Guild i'ottery Society<br />

Macclesfield Silk Msnufacturiag Society st 10p. c.<br />

Leek Silk Twist iCanafacturing Soc.,<br />

British Produce Supply Association, Limiterl<br />

Liucoln Hide Skin aud Fat <strong>Co</strong>mpany Lunited<br />

Long Estoa Engineering encl Cycle <strong>Co</strong>., Limited ..<br />

<strong>Co</strong>ve~try <strong>Co</strong>-<strong>operative</strong> Watch Manufacturing Soc.<br />

Ruston, Proctor (2 <strong>Co</strong>. , Liruited, st 7 per cent.<br />

Reserve Fund Invested.<br />

Lincoln <strong>Co</strong>rporation 8 percent. Recleemable Stock 8,890 0 0<br />

Huston, Proctor(k<strong>Co</strong>. ,Ltd. , 4 percent. Debentures 1,48!i,& 0<br />

Robey rt <strong>Co</strong>., Ltd. , 4I per cent. Debentures .... 1, '&55 0 0<br />

Lincoln Ck Lindsey Banking <strong>Co</strong>mpany, Limited,<br />

Old Shares. ............................. 1,822 0 0<br />

Cash in Cashier's Hands<br />

PROFIT AND LOSS ACCOUNT.<br />

s. d.<br />

c,927 5 0 By ProSt, Grocery<br />

Drapery and Millinery<br />

Boot aurl Shoe ....... , ...<br />

Butchery ....., ..<br />

<strong>Co</strong>als. ........, ...,<br />

Tailor!as and OutGttjng. ..<br />

Furnishing ...... ,<br />

No. 1 Branch ..<br />

No. 2<br />

No. 8<br />

No. 4<br />

No. 6<br />

No. 6<br />

No. 7<br />

No. 8<br />

No. !j<br />

No. 10<br />

No. 11<br />

No. 12<br />

No. 18<br />

No. 14<br />

No. 15<br />

No. 16<br />

No. 17<br />

25,927 5 0<br />

s. d.<br />

BGG 10 4<br />

407 9 ij<br />

814 7 2<br />

251 5 5$<br />

104 18 7$<br />

807 18 7$<br />

194 12 6$<br />

181 !j 6<br />

172 2<br />

111 14 5<br />

162 3 8<br />

264 10 7<br />

46. 13 6<br />

Go 10 8<br />

94 2 4<br />

180 5 4<br />

185 1 7$<br />

9o 5<br />

175 15 8<br />

9 8 0<br />

857 5 3<br />

186 2 7$<br />

85 15 or<br />

45 4 8<br />

827 18<br />

C<br />

ftules, Cards, and Cash Books .. . , ...<br />

Interest from Members' Property Ause&mt<br />

m d Dividend, <strong>Co</strong>-opera. ive Productive Societies<br />

<strong>Co</strong>-<strong>operative</strong> Wholesale Society<br />

Cr.<br />

44.978 9 I<br />

84, 107 (j 0<br />

37.189 1 6<br />

8.010 18<br />

4,076 0 0<br />

4,535 0 0<br />

38 12<br />

50 0 0<br />

25 0 0<br />

600 0 0<br />

1'&8 14 3<br />

0 0 0<br />

100 0 0<br />

10 0 0<br />

30 0 0<br />

20 0 0<br />

0 0 0<br />

1116 7<br />

84 17 2<br />

50 0 0<br />

50 0 0<br />

1819 0<br />

100 0 0<br />

128 0 0<br />

2!i 12 10<br />

19 8 4<br />

462 0 0<br />

7,808 5 0<br />

968 16 5<br />

$193,606 7 0<br />

5,137<br />

285<br />

8<br />

332<br />

Cr.<br />

s. d.<br />

6 10<br />

12 4<br />

12 ij<br />

10 11<br />

58 2 7<br />

114 19 10


Dr. PROPOSFD DISPOSAL OF Pl'OFIT. Cr.<br />

Tn In!ere't cn Share ( .&p&tsi<br />

In&err ~t cn Loan Cnp&t»l<br />

., Interest on Pennv Bank Depov&ts. . ...<br />

,. Interest cn Branch hinnsgere' Bonds .<br />

&I.<br />

I i& ~ I A 0<br />

004 1. & 0<br />

]i] 4<br />

10 17<br />

Divi&lrn&1 nn Es&0,000 at I/0»n the<br />

&N»n '. licmbe& ' 1&»»&]en&I on 0080 at 00. in the E<br />

0] per cent. Dcprens»nn of Branch, t <strong>Co</strong>tta e<br />

P&'ape&'tv .... . . ..... . . . . . .... .. . . . . .. &]a i 0<br />

10 per ceut. Depremstion of used Stock .. . . '&00 . & 0<br />

5 per cent. Deprec&at, :cn of 31&lung Plant . . »I 0 0<br />

].]&]neat&anni Grunt. 14& per cent. of N&et Trade Prohts<br />

IVorkmen e Inca&ance Fun&I<br />

Balance carried fcrwar&l<br />

"Jfr. D. IVORTH, President. ..<br />

"JIr. G. BACOV. Treasurer,<br />

Mr. IL HARRIS, Secretary<br />

hlr, (:. TREVETT.<br />

11<br />

10<br />

la<br />

13<br />

501 10<br />

04 4<br />

15<br />

at lj<br />

e &l.<br />

1.&'ia 17:!<br />

0.7.iu 0 0<br />

'&7 1»&» v<br />

0 -.<br />

B& Balnn e fr& m Pr &,I: sml Lnsv Acean»'. . . . . ..<br />

f».m I:& ' &,&nnrt<br />

.. nm»»', n!»&c I is t &)»rt&& i r Iu erect »n I<br />

D»»len I 1»&t n t r qn&re I<br />

Ambte&l nml fcn»&1 r&r&» O &. "ti» I'. &AA<br />

JAM]:S &&IIAN(IE.<br />

IV Ii ARIISTII&&V&! Auditors.<br />

IV. I'. I'IOBI&RT».<br />

e. &l. B e. &1.<br />

."!»'7 i It<br />

!&4<br />

'. &I 11 ]0 &', &&c» n&<br />

C&!.00A 0 0»& &<br />

EDUCATIONAL COMMITTEE.<br />

hlr. 1V. 1.OVATT<br />

v;&Ir. G. E. BEI'Ii<br />

"IIIr.. J; iIOORE<br />

blr. H. BELI '. .<br />

1,1 .!Ir. F NAIVE R<br />

I:&, v]1&. T II 'IRI&Y . . .. .<br />

12 ii& . II 3 1&SINO<br />

The f&gmes after tbe 'Ns&nes indicate tl&e Nn&nb& r cf Meetings ctr. nial, I! ]&n&» I' » hell<br />

Retirmg blembere, each el&mble for n&nmna» n.<br />

The Csndi&lctee Xomiun&ed e&e Bacon Gemge; Reck George E. ; Hsr&lv T iI& n .1. R 1&&t . W. : Tr &rcr I'&nn&; IV "&I& I&; V»n. . .<br />

:IIembers n&nst n»t &o&e I r &n re tl&nn . »n I& int&. .<br />

Dr. EDUCATIONAL DEPARTMENT. Cr.<br />

INCOME.<br />

To Quarterly Grunt<br />

, Quarterly Sale of Papers<br />

., Curds, Cs,tsloguee. »n&1 Ir&nee<br />

„ I'rem We]bourn L&brezy .... ...<br />

G. E. BECK. 1<br />

DPING ] A udi tom.<br />

For Flower Show Account snd Librarian's Report see Page 10.<br />

I!a 0 0<br />

111 0<br />

0 10<br />

Cjg 40<br />

I,'KPI NI&IT I'IIE<br />

Bv Rein&» & 1». r Tran urer. . .<br />

I»1& st &r&i&r&l . t&<br />

.. Bren»i& I.A r&» &m&' Snlsrv<br />

, D& lcgated I:speusee<br />

Scrre&nrv's I' &st» *es<br />

., Tre»v»rer'- I'<br />

&'bc&r Ent»»&ce I'ee C&& et &I Pn!s«<br />

Stool&&»1»&" »& 1 I»'e&&'v n» I I &'sari&<br />

&' ( &v»&t &0 I I&». ( &»: Peb&rc<br />

R &ol . Reps&n»5 end B&» l&n<br />

Ne&r B A.<br />

P&':»tn&'' Ac(' nn&.<br />

Ie&vspspcr«, ii.& sz ue-. e&.<br />

( bc»' I»e&'&'nct» n. eu'. . . . . . ... .. . . . . .... . . . .<br />

De&irir cn Fl »ver Sb m<br />

L&br&mian Saiarv<br />

, Fnrmebin" Accnun&, Plstfnrm, etc<br />

I'les, &nn5<br />

Small Sm»s<br />

„10&lance f»r&vsr&l<br />

'The Quarterly Meeting will be held lu the School-room, We]bours, on Saturday, Nov. 3rd, ]900, at 7-]5 p.m. Representative, Mr. <strong>Co</strong>dling.<br />

We]bours Branch <strong>Co</strong>mmittee —Mr. B. Gadd, Nsvenby, Chairman; Mr. J. Gray, Leadenbam, Secretary; Mr. J. Sharps, hfr. W. Bunnin&0 We]bema;<br />

Kz. T. <strong>Co</strong>dd, Csytborps; Mr. Hy. <strong>Co</strong>dd, Wellingore; Mr. J. W. Holmes, Navenby; &Mr. J. F]utters, Boothby; Mr. D. B. Ablewbite, <strong>Co</strong>ieby; Mr, G,<br />

Wright, Pa]beck; J. Knijets, We]bourn.<br />

The Quarterly Mcstiug wB] be held Iu the School.room, Blgby, on Eridsy, Nav. 2nd, ]900, at 7 p.m, Representative, Mr. COULSON.<br />

Metheriughsm Brauch <strong>Co</strong>mmittee —Mr. John Caswell, Metheringham, Chairman; Kr. Elijah Reynokls, Aietberingham, Secretary; Mr. William Be]dock, hIr.<br />

Wm. Ogden, Mr. 3'oha Robiason, Metheringhsm; Mr. Arthur Wilson, Danston; Mr. Charles Baumber, bIr. Charles Bailey, Scopwick; Mr. George A&lcock,<br />

hfr. Charles Ogden, Digby; Mr. Riahszd Taylor, Blsukney.<br />

Bardusy Branch <strong>Co</strong>mmittee —Mr. G. Mills, Bardney, Chs]trna»; Mz. W. Clsphsm, Bardney, Secretary; Mr. H. Parkes, Mr. G. Kaddieou, Mr. T. Watson, Mz.<br />

W. <strong>Co</strong>]ton, Bszduey; Kz. T. Simpson, Southrey.<br />

e<br />

I.!<br />

I»<br />

s. &l.<br />

I<br />

l.i<br />

I &! 114<br />

11 a<br />

11» 0<br />

I<br />

I» lt<br />

I I<br />

Il ls 4<br />

11<br />

]i 74<br />

I.i<br />

A<br />

I 11<br />

I» I<br />

I 11 14<br />

The Quarterly Meeting wBi be held iu the <strong>Co</strong>mmittee Room at the <strong>Co</strong>-<strong>operative</strong> Stores, on Saturday, Nov. 3rd, 1900, at 7 p.m. Representative, Mr. FISHER.<br />

Sleaford Branch <strong>Co</strong>mmlttss —Mr. C. H. Fan]]&net, Chairman, 47, West Street, Slesford; Mr. J: Rmlkin, Slesford, Secretary; J. Jsrvis, iv, Gal]ev Hill, Kr.<br />

L. Wsiner, 51, West Street, Mz, W, HsysV»ff 51, North Street, hfr. Jss. Les]is, I, Mill Field Terrace, Mr. C. Wright, m, West Street, Mz. E. Dickinson, I, William's,<br />

<strong>Co</strong>mt, Slesford; Mr. D. Gash, I, Queen Street, Qusrrington; Kr, W. Gsrwe]1, Raskingtan; Mr. E. Marriott, Kukby Laytborpe.<br />

The Qmutcriy igcetiug wB] be held iu the Club Roam, «George» iuu, Market Bases, on SATURDAY, Nov. 3rd, 1900, at 7.45 p.m. Representative, Mr. HOWARD<br />

Market Raseu Branch <strong>Co</strong>mmittee —Mz. IL W. Rashby, hfsrket Rouen, Chairman; Mr. y. Pickwell, Secretary; Mr. 7as. Penney, Mr. A. King, Mz. C. Sharps,<br />

y, 35r. John T. Douse, Mz, Moses Crow, ]tfszkst Raven; Mr. Jas. <strong>Co</strong>oke, Buslingtborpe; Mr. G. Watkinson, Vialesby.<br />

Bssslugham Branch <strong>Co</strong>mmittcs —Mr. W. Waadhssd, Bsiwingham, Chairman; A. Chadwick, Secretary; Mr. J. Brown, Mr. B. Goodwin, Mr. J. King,<br />

Bassh&Sham; Mz. F. Tsyioti Mr. J.MsrshaB, Carlton-le-Koorlsnd; Kz. J. Ha]1am, hfsrlboro'; S. Smart, J. Wellhead, Bssshud&am; G. Johnson, Mazto»,<br />

Disney; G. <strong>Co</strong>ok, A»born»; 3; Darker, Carlton-le-Mozelsnd.<br />

Sleafazd; hfr. W. GsrweB, Raskington<br />

872 4


The Lincoln <strong>Co</strong>=operati&e Quarterly Pec«~.<br />

IhI E'N SERIES- 74o. 45.<br />

&& HE amount of progress nmde by the Society last Quarter,<br />

measured by the increased trade re&.eipts, is very considerable, seeing<br />

that prices, except for coals, &vere & ertainlv not higher than<br />

those of the corres!x&n&ling &)uarter last iear; an(1 there is every<br />

reason to believe that this rate of groivth can be maintained, but it will<br />

onlv be by coml. ined, vigoraua continued effort. There ought to be no<br />

abstentions from the Stores for the purchase of this or that cheap<br />

leading article purveyed by puffing private traders or trading campanies.<br />

Loyalty to the Store saves trouble. and it pays. The<br />

foll&using instances showing the results r&f lovalty bv a few of the<br />

members at Market Rasen Branch convey a lesson which should be<br />

tsken to heart by those among aur members who are prone to be<br />

lured a&ray hv same of the manv traps ivlii&. h are set to catch the<br />

unwary: A joined the .'iociety in April, &89, put into it one<br />

shilling oniv, has withdrawn durinc; the eight years z&"za, and still<br />

i&as in the Society z& ry. B joined on the same date as A, put<br />

in one shilling, has withr!rawn +&8, and still has z&"8 standing to<br />

his credit C joined, along witn A an&1 B, put in ane shilling as<br />

his frien&ls ha&1 dane, has &v~ithdra&vn z& z3, and still has g6 in the<br />

Sacietv. It will be noticed that none at the foregoing were very<br />

speculative, aml there wtus a reason for it There had been a <strong>Co</strong><strong>operative</strong><br />

So&.iety at Rasen that had failed, and the members of<br />

ii lust every penny of their share capital, hence these men were<br />

&vary. The ohl Society did not stirk to <strong>Co</strong>-<strong>operative</strong> principles in<br />

dain" its 1&usiness. It last monev in l&ad debts, l&y giving reclless<br />

credit, an:I it was managed too miu h on the one-man principle.<br />

A, B, an I C are hard-working men, and their wives are<br />

loyal traders; and now that they are connected with a sound<br />

Society, they are experiencing the benefits that accrue in such<br />

great degree from the advent of <strong>Co</strong>-operation in n agr'icultural<br />

district. Similar examples to an indefinite extent might be cited<br />

from the experience of members in Lincoln, and a&, rdl our<br />

Branches.<br />

One simp!e instance of the foregoing character is mute but<br />

eloquent testimony to the benefits arising from <strong>Co</strong>-operation, and a<br />

convincing answer to the audacious claims of "Cheap Jack. "<br />

grocers, who, while pursuing solelv their own personal advantage,<br />

impudently pose as public benefactors. How manv of this class<br />

o!' dealers have gone up like a rocket, blazed into notoriety, and<br />

faded into obscurity since this Societv first began to feel its feet<br />

in Silver-street? They are nearlv legion. But, as the song goes,<br />

»thev have a!1 dispersed and wandered, far aivay, far aivav, " while<br />

tne good ship»<strong>Co</strong>-operation» has I een sailing on, slowlv sometimes,<br />

but fonvard always. But for what haven & That is the question.<br />

As ta the answer, well, that all depends upon her crew, which is<br />

large and motley, and all of the crew are part owners of the craft,<br />

and opinions differ, and ignorance of naidgation is widespread .<br />

and the sea on which she sails is the sea of economics, over<br />

v&hich a multitude of pilots steer and swear bv different courses.<br />

Among her crew are many who are shaping her course for the<br />

part »Production, " believing that the cargo of capital she has taken<br />

in from "Distribution" can, by patience and perseverance, be utilized<br />

for the masses just as well as capital can be by and for the<br />

classes.<br />

Let us face this matter squarelv: —The producing power of<br />

workman is limited ta the use of one head and two hands,<br />

his<br />

hence<br />

remunemtion is nearlv a fixed quantity, and must for ever remain<br />

so. His producing powers need food, clothing, and education.<br />

To provide these, .his earnings are nearly, or wholly,<br />

exhausted, so his power to accumulate is very limited.<br />

so<br />

It is nat<br />

with capital. It works night an(1 day', and is never tired.<br />

has no It<br />

family to keep; therefore, its full retmn is added to<br />

stock,<br />

the<br />

and at once becomes re-productive. This goes on I'or<br />

I'ew vears.<br />

a<br />

until it is able to keep its owner and his family none n ne<br />

o? f whom need join the producing class. Further, a workman's<br />

brain im ents a labour-saving machine; the owner of capital<br />

sametimes buys it, but oftener robs the man of it. The dead<br />

martine rep!aces living workers, and the value of what the machine<br />

produces goes to the capitalist who owns it. This is one of the<br />

reasons why a few persons accumulate so much wealth, ivhile the<br />

mauy workers accumulate so little.<br />

benefit<br />

But <strong>Co</strong>-operation does a great deal towards providing a remedy,<br />

irasmuch as by it capital is being created, which can be utilised in<br />

the interest of and for the<br />

o the masses. We can see this<br />

in our own Society. Established 39 years ago, by trs.ding to theextent<br />

of three and a quarter millions sterling during that period,<br />

it has made for the working classes of this city and its vicinity<br />

&&"3z9,r6I of dividend. Some of that money has gone to raise<br />

the standard of living of those whose standard is too low, and<br />

some has been capitalised, and is being used 1&y the Society for the<br />

benefit of all who are wise enough to become co-partners. Bqone is<br />

shut out who is willing to pay his or her way, and live honestly.<br />

Mention of this, however, naturally leads us to refiect how many<br />

there are who have neither the desire nar inclination to do either,<br />

but rather<br />

within all<br />

to prey upon the communitv; and how their<br />

our Societies retards Cc-<strong>operative</strong> progress.<br />

presence<br />

It is astonishin», and almost bevon&1 belief, what a large number<br />

of designing people there are whoa& steadfast aim appears to be to<br />

mill a <strong>Co</strong>-<strong>operative</strong> Society dry if by chance opportunities offer, and<br />

the greatest ingenuity is often exercised by them to accomplish their<br />

object. Take, for instance, the astute efforts adopted to obtain<br />

credit hy getting goods on approval. Societies carrying on a large<br />

general trade are frequently solicited by a class of members, usually<br />

slightly higher in the social sca!e than the majority, to send goods<br />

t,& their homes, there to be fitted on. The articles required are<br />

kept, and the remainder returned, payment being delayed for weeks,<br />

n onths, or to the end of a &Puarter. Some do this out of sheer<br />

niggardliness, who have a considerable sum invested as share capital,<br />

upon which they receive interest, and thereby gain an advantage<br />

over the rest of the membership who pay as they go A salutary<br />

method of treating this class is to ivithhold interest on so much<br />

of their share capital as the debt amounts to, reel oning from the<br />

time the goods are taken away until they are paid for. Some<br />

Societies endeavour to cope with the astuteness of these members<br />

bv alloiving only one boot of a pair to be taken home at one time,<br />

while others send a shopman with the goods, who is strictly enjopned<br />

to leave none without payment. In many af our Societies<br />

this class of members is already numerous, and as <strong>Co</strong>-operation is<br />

becoming fashionabIe, they are more likely to increase than otherwise,<br />

unless stringent means are taken to checkmate their questionable<br />

practices.<br />

A widely different class of credit traders is that created, by the<br />

payment of wages fortnightly. In districts where this practice<br />

prevails, the Stores, toivards theend of a fortnight, are often asked<br />

for credit. Should it be given, as it usually is, on the security of a<br />

niember's share capital, the utmost vigilance has continually to<br />

be exercised bv the Management to see that no member receives<br />

goods to a greater value than his share capital will cover. Societies<br />

ivhich do this kind of trade are opening a door difiicult to keep<br />

under control, and doubly difficult to close, and besides, the practice<br />

is enfeebling and inequitable. Suppose a Society is thus<br />

treated by the bull of its members, its share capital is mortgaged,<br />

am! its questionable debts are often shown as good saleable stock<br />

t& enable a dividend that does notexist to bedeclared; and suppose<br />

credit is given beyond the amount of the shares, and the member is<br />

backward in paying, a Society has no remedy but recourse to the<br />

<strong>Co</strong>unty <strong>Co</strong>urt —a most miserable expedient for a <strong>Co</strong>-<strong>operative</strong> Society<br />

to be reduced to. The existence of this danger where wages<br />

are paid fortnightly, should spur <strong>Co</strong>-operators everywhere to exert<br />

their infiuence, as citizens, to make the weekly payment of wages<br />

compulsory by law on all employers of labour.<br />

&& && &&<br />

A dodge that used to be practised extensively<br />

this<br />

at the<br />

Society<br />

expense of<br />

years ago, before we changed from<br />

book check<br />

the metallic<br />

svstem,<br />

to the<br />

has recently engaged the<br />

wich<br />

attention<br />

<strong>Co</strong>unty <strong>Co</strong>urt<br />

of the Ips-<br />

A publican's wife sued the<br />

Society for<br />

Ipswich<br />

the non-member's<br />

<strong>Co</strong>-<strong>operative</strong><br />

dividend upon a<br />

metal checks,<br />

large number<br />

amounting<br />

of<br />

to +3I!,nearly all of which<br />

having bought of<br />

she admitted<br />

members and non-members.<br />

that these<br />

The<br />

checks Judge decided<br />

were personal contracts betwee th S '<br />

Ih e original t<br />

purchasers,<br />

d<br />

and could not be<br />

sidered the<br />

negotiated.<br />

plainti!Ps He con-<br />

transaction as most dishonest,


THE HOUSING QUESTION from a CO-OPERATIVE<br />

STANDPOINT.<br />

Paper read by Mr. J. AY. <strong>Co</strong>d[in at the I incoln I[& [rict Cn<strong>operative</strong><br />

Association <strong>Co</strong>»for&neo, Cn-opera[&ve Ilail, I Inc»in,<br />

September [st, tqno.<br />

Tnere never ives a t&me m tbe h&story of t&»s c»untrv ivncn the bouvu& of<br />

the working cLisses &1cmsm[ed sn[ receive(1 so &uuch attentiou as it iiuih to dav.<br />

Al! organ&sst(ons, from ti& H&mho uf <strong>Co</strong>umini&s &loivmv &ra, that c[anu t& bsie<br />

anv represei&tat(re cham»(sr, fhel &t their d»Ly tn i&rin" it before t!)e&r &numbers,<br />

but, i&fter pass((if res(lutioiis dept)1&n * t!&e evi!, they p&»&(sly h )lie i)i&at so&i&Chow<br />

s&»l st hon&ct&n&e &hoiv nr»hen they do not know) everib&dv iv&1! hve m<br />

decencv an!order, an[ t!ic, sppa!!iu' poult&&& &, [hc kn»ivlc(!ge of ab ch<br />

causes some qualms )f conhc&once, will becou&e t!»ngs of the past<br />

This is»o ueiv pr I lmn; &I bah bee&& m exis&euce f»i' gen rut&ons, thi, 1&crib» ~<br />

to eth r &f bn»i ui !ic»igs ni nisanitsry hove!s, with&nt !&g!,t and vent, !atu&n<br />

w&th few or no rest&ictiouh ss ro »un)bere &r heres sm[ it bss ph&a&0 iio sf'&Ja[!<br />

fait &i&br&(( &&&6 11 t!&c 1&Lraaht of cr&inc, m!Cerv, pauper(s)&i, nnd dr&i(i!(eiiiiess<br />

that Kn 'iau(l &s re q)uig t& -iLay.<br />

It & nnt u&v &nt »t:on to ha. row vour feel!»gs bv [iong!u before vou a[)n<br />

srr.ay if statii t, » tu pr i the ex&stcuce of iverri. 'oavdui l&y tell»»y n& hov:<br />

&i&J&)i p', p. ' Ji'0 cia»i(i) '(I »1&o s ha&i&i&'L m&!e &ii a cc&ti&a& &I&alt'& t, 1» L')i»1011,<br />

!tfsiu. h ter, C!Csgoav, or Dublin. &)ut' o'.&!ect &* i»it t» convu&ce. vou of the<br />

Osis&i& 6 ei i!., but to (!Cvis(' iiietliods of s&uehonitiuu. to n&eke &t possible for mcn<br />

uot oulv to exi 1, bi&t to 1&ve, Io bern* w&t!nn th reiaci& of everv 1«iimht toiler a<br />

comfort, ab!o (bvelln&g, fresh a&r, pure water, nnd healthy surr(»nu!»&gs, ivhtch<br />

are the (!o.l- Oven rifi&tis of every ruan sud iomsa&.<br />

Th re s,t.e, spe.ak»&g brin&(1!y, tm&r d(ffcreut methods &n existence to-dsv for<br />

provhhu honses for tits the peop!o, v z. , those prni»led by pr»ste entcrpmze,<br />

niu»icq&a[ (hvclln&'s w!nch are bm!t in»1 ma»&ta&ned uut of the rates,<br />

built<br />

those<br />

bv or bon *ht fm the s»ml! owner who borroivs h!s osp&tsl fro&u the<br />

t i!1st, inost!v<br />

csp!-<br />

through a baivyer, an&1 those iv!ucb are boug!&t through a <strong>Co</strong>.<br />

opcrat!ae Soc&ety, or held by s, soc&ety as [snd[ord aud let to as mcuibers as<br />

or&lmary tenants.<br />

The great bu!k of cottage property, both in tnivr&s a&ul rum! 0&stricts, is nvned<br />

tn-&lav bv private !udmid&m!s, or, as some prefer to cell them, the esp&tsl&stac<br />

c!asses, and that systeui of oivuersh!p &s largely respous&b!e for the ex&stm<br />

of<br />

stets<br />

things. !qow I hob[ uo brief to s buss capita!&sts. Iustos&1 nf speuduig uur time<br />

and wasting our energies thus, ive m&ght use them better by seeknig to br!&u sliunt<br />

a chan ir& the cond!tions ivh!Ch create cup&tel. It is not the enemy of the<br />

worker except (Chen it & us 0 to grinrl him &lown und demors!!ze h&ir&.<br />

!»s<br />

It<br />

friend<br />

is<br />

wbeu it !s used to improve 1&im !nte!!ectns!!y, &»orally, snd soc!n!!v.<br />

Let us, se co-operators, rats&n &t nnd use it for. the benefit of onrse!ves, &nstend<br />

of cresting it for others to use sgamst us. I am a!wnys sorry to hear of <strong>Co</strong><strong>operative</strong><br />

Societies using ruethods to compel members to withdraw their capita[.<br />

Every committee ought to be ab!e to nse a[1 the capital the members can<br />

them,<br />

bring<br />

or res!gn, and stand out of the way, for better men. It [s because<br />

capita[ is so &nequitab!y divided that so much m[scb!ef is caused, and in no form<br />

do we find it so powerful for evil as in the monopoly of morking class dwellings.<br />

Landlords have abused their position, they have taken advantage of thc needs<br />

of the people to extort from them what they can 111 afford to pay, giving back<br />

as[!tt!eas possible in the shape of couveuience and comfort. Absent[snr[-<br />

[ord[sm, or the handing over of property to irresponsible agents, avbo care for<br />

noth!ng but drawing their commission, has destroyed that personal interest and<br />

consideration which ought to exist between [sndiord and tenant.<br />

There are those amongst us, who, because some [andlords have been untrue<br />

fo their pos!1[on and violated their privileges, go to the extreme of ar!vocating<br />

the abol[L!on of all private ownership either individually or collectively, and are<br />

prepared to adopt compulsory socialism.<br />

Ifa[[ona[[sat[on and manic!pa!!sst!on, with n!1 their vagueness, have<br />

charm<br />

s great<br />

for some who mould bring us a!1 to the same leveL Intel!ectua[!y,<br />

socially, aud financ!ai[y our coats must a[1 be cut to the same pat[era.<br />

houses<br />

Onr<br />

must s[!he built tn the same plan, and everything must be<br />

the<br />

brought to<br />

same dull level of uniformity.<br />

I do not think that it is the duty of the State to provide houses either<br />

rich<br />

for the<br />

or the poor, for if the State or local authority does it at a loss khe<br />

has<br />

0!fierence<br />

toq&e made up out of the rates, anrl very often you would be<br />

least<br />

housing the<br />

deserving at the expense of his fruga[ and thrifty ne!Vobbour.<br />

think<br />

Bnt I do<br />

that the local authority onght to exercise their powers to close every insanitary<br />

dwelling, aud to allow no landlord to draw rents from houses whose<br />

very existence is a menace tc the health of a neighbourhood. Inssn!tery property<br />

would soon disnppesr if it wss made unproductive, but in most [nstances,<br />

,slam property pays best—nothing is spen1 in maintenance —rents are out of a!I<br />

proportion to the accommodat!on provided.<br />

,The manic[pal reformer argues [hat 11 is the duty of the<br />

pnrchase<br />

local authority<br />

these<br />

[o<br />

s[mns, pa[[ them down, and build srt[zans' dwel[ings<br />

design, fitted<br />

of approved<br />

up wfsa every modern convenience<br />

hca[th.<br />

for securing Bu!I comfort and<br />

beg respectfully to differ m[th<br />

[s too my socialist!c friends,<br />

expeniive.<br />

the luxury<br />

One of the assistant arch!tects<br />

told<br />

to the<br />

a<br />

London<br />

conference<br />

<strong>Co</strong>unty <strong>Co</strong>uncil<br />

a few days ago that it cost f60 a head<br />

perty into<br />

to convert slum<br />

artizans'<br />

pro-<br />

dwellings, mhen [4<br />

claim<br />

ought [o be done<br />

that<br />

for an<br />

the<br />

outlay of B10. I<br />

purchase of sLam property at an ex rb[tsnnt<br />

premmmon<br />

rate, !s<br />

landlords'neglect.<br />

putting a<br />

If a[and[ord has only tos[lowh[s property to<br />

get out of repair fo make it eligible for tbe Town<br />

rs,<br />

<strong>Co</strong>nnci[ to become the nr-<br />

we shall always ep<br />

have a plentiful<br />

habitation.<br />

supply of dens not fik for human<br />

Then on the grounds of position and<br />

to<br />

locality, it<br />

occupy the<br />

is not sdv!sable<br />

sites<br />

for workers<br />

aow known as slamdom.<br />

are In<br />

hemmed emmed in<br />

nearly every instance lhe s!ums<br />

by marehouses,<br />

air<br />

workshops, and<br />

andsanahine<br />

busmess premises, and fresh<br />

are crowderI out. Let<br />

extend!'ug these congested.<br />

morta<br />

d!str[cts beused for<br />

am1 warehouses, bat<br />

bloom<br />

1st as get kbe workers<br />

sk&d the away, mhere f[owers<br />

grass gmws green.<br />

Rom, a[though I do nok advoca[e the kfuufifipa[fty<br />

people, khey providing homes for khe<br />

ougbb, ar!d might do 6 groat des[ -[ad[rcc[[y, [awards helping [o<br />

LINCOLN CO-OPERATIVE QUARTERLY RECORD.<br />

brin' shout ii better st ttc of th»i s. For example. !e theui exteii! the(i svstems<br />

of Druiua e, Water ui&.!(!Cs ui&1 ul& v ui!, I&:L t!1 'rn use the r, ia&!s t!uat thev !»<br />

pos ess hetter. by pnttinz I nvn 1!gbt I!(ai!'1'1'i&vs. I&i&i(i'&vs v, s1& I (Jt!&( 1 »1 't(i u! '<br />

o[! &a& 'ti m. t) bi i&i 'L.li co'iii&Lri iiis1' r tbo tow(i, t( coi aci peopiccbeiaplv,<br />

sw&ft!v, sii! Oa i!v, tr in tii r &vie I, !irti I &itin pli-re of thc J!urns t& t!ie<br />

pi&re air iii&1 pleasii&t a&in(&(&i'!&&i 's f r&ir(al ifc.<br />

Tne». J another ructh )4 o[ provi!inq workiiig lush lie!l&uqs. &vh !.i bus been<br />

use! &n tbe pi)st &and where it hss loci& ho:1"stlv cori'1'4 uub it 1&JC pr. &ic.l 1 rv<br />

1&ei&et!Oisl. [ refer to 15u:!&!mq S»eti The e w &eti 1 hs. e 1» n br u [it<br />

&nr, i iun b I( rop. it, b tlio frau! sn i,»!;«ry ibu't has h iru», I i &unv of<br />

&11 1&' Li'1» s &1O& ' Tbe [ IbC&' &L(<br />

' 8 ' &&i!CI, (iii I; 1C&'a 1&'1V V i . &&i 1 ". i Lke&1<br />

t!ia &oiit! L» f tb „' n, is! pnl ii i& tli gv'i 1 u i - un! - &» 0 css of these<br />

ho()et(& J. T&1 i acth I» *' i&i&i)i !i aie I" ii 1 'ill s, iu c' » ' » 1 1 ~ ' ) f n(i ii,<br />

so(&etv. nit(us t!i &ieiv !iil I, sii! u.. I& tli ! «I '& 1 ! ni . [ )i 'i I!.1 . Thc.<br />

s!&C&es sre, .&s s, mi!e 8!ih) iii i .I 1, . ;&I nl !at th- i.oe «1 " I 1-: iic I, si d<br />

ss the»& i is; ac& nnmlsrc-. &t &s n!van I 1 tl& ni .u icrs s !i ': &br !ri-<br />

ntv of th ir apphcat& n, if i& «p! I& iti, . .. c. t i,a «! t'ie « .» ~ &-, I i!I tcd<br />

f&r, an! a n& iub r his 1 tak bi- m ) v wli t! ". !i v'an'I:t r u t. ()n the<br />

f»( if it tb& I) 1 l&1 . »in!bu ni ... I t t! !»i tcr. , 1.&c t r iiu! Cariv<br />

sharc!» 1 lcr. :ir, " ! ! lian I.s 'ii[s iv f t!i i i b iic [ r arsl I iii ~ mie&» .'u<br />

v&civ, &&(id a 'iv[i I ' . '&o 1» 11 !i LLL& ii. &Lr ' irs 'i I tb &1 ', t n& 'iit. s'» I<br />

ho&i( "i(i&'' 1'C &1'S bC 'ii'C li u ' S' I as&i)' C&' h Lh Sii '<br />

(<br />

'1't 1& it. 1 ih: i at&i)„ I a<br />

&u('a&i &)&8 r gn&i&L l. buv 1 I i&i[ 1 f& . ' !)&1 i ' f s li ) 1 ' I[ &1 'iv ~ r„ iii ii<br />

np thee . h 1- ~ Jn 1 pay 2 I ! *r w.<br />

'<br />

. I&c t&&&!. ili at, iv &.1 iv&di !» u c rent nn I<br />

I». Su&I&I ng 8» tv. t o I& *.i h 'o &. iu a[- in!i . ivr'!1 iva e . :ii ! after trvtn'<br />

for the or f nr arc rs 0» n that l&c u&iv "» &1 'i in» sn I . & 1 c [oy )i'*<br />

rerit, h &i&i' th !11 &s!. , Lv!»i!r r'if. , : r&. ni- f tb»n .ri I & uil lrr, . :nn»g<br />

ra&&in() '1' L&iv ' » io 1'll-'' I, f ' iii '<br />

I '(apils! 1): '<br />

1 i.<br />

Ii ' '1, (i&l 1&' i&1<br />

d spur. So.i tier, . & I&:m&b . . i» t»:;: ' it»» in tbc.'r r& ult. , f " s n&, iu<br />

b(I'&1'vct' k(1 »vi!&ow &i ii('1 "ii ii » Iii ii 'i vv 1111 " '1 a I rlh<br />

peru!st&v& in r!mr 1( ter to iw )f r, ! . "1' ia' ' I«)L '&v &2&ii' ii ~ ' . Lii I!i,<br />

met[& )(I f I ts, n&u' s h»&, 1 I . I,&ii»q» hi&! I(. 1 & ii ' tli ! &r. ! &&. o<br />

mni vuvl&»&fr ms lawtcr, :»i! ui .t' 'n' tlr [&sq ctv .i s n. tr. T<br />

th &so iv!» nrc th»&kiu' f I &)it rii&, 1 iv m! I ' & "!s'&1 I s":i I « '. I) &S T.<br />

I i; iu!1!O&rc . &hest!i&& I sa, »i . n& I"; uii imi r 'i, ivi ". '<br />

n rk i ni. n<br />

&aiol cvoii wid' iv t, bfavf I *1! 6& ' ' I I 1 t!I i&(i i; &i(, .1&i i I!1 i)'1' tae<br />

Isw sr& ul&&re 1 s» tbst pr& p rtv u»i bu tr»&sf rrc! s&'ll i&t th &r»&1 t!)shutter<br />

it w&!1 l&c f)r tl c w !!-8&i»' f tiv n.&ti»n.<br />

I &bink [ hsv prove&!, t!i it t!ic w»loni In. . are b, i I m sn unsatisfacb)i'v<br />

iviiv, i&(i I & 1'at &L is ii )t i&1 th ' (1)1 'i'&. 1 ( 1 Lb * I CI I» iii [ 1';i, 11 1» )&i&(<br />

a!Jre i«& nber f hni s m snv hstrct, avbi b ivi!! Oii i!i! Iin i & ii c li.. snt &ci'1,<br />

io po'iv&'1 &( Iix. till 1 ii&11 &it))i(& 1'&'&1 .v iit 1v!i Li; 0" ' li ' li, . I c ii iioiv<br />

see. &f &r)L!nn" c»& bc &1 me to plao' t!1 ivh le m, &LI&'r n:& n»»vv pi 1"6!c bss s<br />

The work&iig c!ar es bv co- porat&n * h&»e h n m & b [1 &n" t!ri !(arts» vvsrs<br />

tu improve tb&»i' sue&a! . m!» u, sn 1 m eve& v il &u i.n &n ul» h Lh v ha&*<br />

entered iv&&h ooufidenoe a»1 mutna! to[erst!on, ih y have eventan[!y. brought<br />

about a change tor the better; they have ra!sed th stam[ard of [ivmg to a[l<br />

classes who have taken hald of the movement, and have created a desire for<br />

better homes and brighter surround'ngs. Let us then step intn the breach, aud<br />

do for ourselves, what we s!nate hnve vainly waited fur somebody to do for ns. <strong>Co</strong>-<br />

operat!ve tradmg has furnished us with the necessary cap&ts[, and ave only want<br />

faith in onrse[ves, to carry the work to a successful!sane.<br />

According to statist!cs g!veu at the !sst <strong>Co</strong>-<strong>operative</strong> [' ongress, the question<br />

has received the stteut!on of same <strong>Co</strong>-operators, for 224 soc&et!es have advnr&ced<br />

26,147,526 for the purchase of 24,000 houses, so that the bnsiness bas got beyond<br />

the experiments[ stage, aurl to any soc[etv represented here this afternoon, that<br />

hss not started, I mould ssy, begin at once. The bns!ness is profi[abie, &t is safe,<br />

and will yield results in the betterment of your members, that are a!together<br />

beyond computation. I ehoald like, for the benefit and encouragement of those<br />

who have not starterl, to show you how [L has been done successfully by the<br />

Lincoln Society.<br />

S!nce 1888, the L!nco!n Society has sdvanceil to 288 members the sum of<br />

288,446, 247,488 of which has been repaid, leaving a balance owing to ths<br />

society of 686,040, and as a result, I beheve the society hss not lost s single<br />

sixpence, sn&1 in uo instance hss &1 had to foreclose n, mortgage,<br />

Iu doing this business, have as few ru!es as possible, nnd what yoa have, 1st them<br />

be simple; avoid fines aud penn!ties, des! generously with your ntembers, anl<br />

1st every spp![cation fov a house be cons!dered on its merits<br />

Our method is as follou(s: —Every application hss tn be sent to the committee<br />

in writing, stating the amount wanted snd the secumty o[f red. Before a<br />

member is e[[yb[s for an advance, he or she must have five one pound shares<br />

pa!d up in the soc&ety. I would prefer, of course, that property, ou which Cp.<br />

<strong>operative</strong> money is p!aced, shou[i be built bv <strong>Co</strong>-<strong>operative</strong> 1qorkmen, which<br />

would be a guarantee that the bu!Ldm *has been erected nnder proper cun lit[one,<br />

both us to wages snd mate»a!s. I look upon a well appo!ntsd Bu!h!!OgDepartmeut<br />

as a necessary adjunct to every <strong>Co</strong>-<strong>operative</strong> Soc&ety, bnt as it would take<br />

s, long time before we could build! to supply a[1 our members, I think that it<br />

woukl be uuw&se to refuse to ndvancc raoney on property bu&lt by other people.<br />

On receipt of an spphcstton, the Bu!hfings' <strong>Co</strong>mm!Ltee mspect aui! repo. t, ths<br />

whole <strong>Co</strong>mmittee making or refusing t!ie grant. We have no fixed rule, as Lo<br />

depos!t, but take !rito oonsi&!erat!on a me&aber's position. and his opportumt&es,<br />

and his va!ns ss a co.operator, never forgetting that, s e exist for the purpose of<br />

helping each other. The repayments are fixe(1 to suit the conveuience of the<br />

borrowers, firing only the minimum at Cil<br />

'v on the amouut borrowed. and<br />

afipm[ng them to pay as much ss they choose. The accounts sre balanced<br />

uarter[y, snd sny amount after charg[i&g interest goes to reduce the prtnc&pa[.<br />

hus a menber, by paying slightly over his usual rent, by the assistance of his<br />

society, aqqu[res a hoase, tost he might hare lived in and paid rent f&r, for<br />

yeazs, snd npt owned a single brick of !t.<br />

We have a rule, that one member only receives one grant uatd it has<br />

round, and eaery onehas had a turn,<br />

gone<br />

but I think that we might modifv<br />

with advantaoe and<br />

this<br />

fix a money limit. Cs,v 6600. If s, member receive- a sma!1<br />

grant of, say B1$), or f180 then after paying &t o[f, h!s fsmi!y as weil as<br />

cumstances have<br />

his cir-<br />

grown. , anil he mould like a larger house, he &s debarred<br />

having a second<br />

from<br />

grant, whilst another member, who is not a better<br />

has recetved mone<br />

co-operator<br />

!nstslment f400 or 2460. We have an arrangement with<br />

q&LC solicitor who andqrkskes to do all the Soc!cty's conveyanmng, and that of


10 LINCOLN CO OPERATIVE QUARTERLY RECOR<br />

its inem'& re on a lo,v s a!e, thus s*&i ng frmn 30' to -&0(- on each house in law<br />

cha es. (&.ir &&. .& o((ice prepares the mortgage leeil. &vh&rli al. c mean. e. savmg<br />

ilcr house of from two to four poomls. 5V(iei& tli &v!i le of tb&. m&siev has beon<br />

reps. id, tb.ml s &o tl&e <strong>Co</strong>-operat»e l. icon, cud (» I.eip (e,tmii promo(ed bv the&n,<br />

a 1&1. receipt stamp will c;.ncel the deed, &chorea if &t ives &lone iu a lawyer's<br />

oifice, it would cost fmm two to four uineos.<br />

Not only ou ht o, society to build houses to sell to its members, but it ought<br />

also to build them to hohl ss an investment, tho houses tv be let to its members<br />

as ordinary tenants. Tlmre &s ni connection ivith every society, a large<br />

section of members who, throngb liabilitv to change of employment, having no<br />

desi. e to tie up their savings in house property, onght to be catered for. The<br />

Liucolr& Society has now a(&out 70 co(tages, for which it has no difiiculty in<br />

obtainingrespectabletenants amon its members. Tlus oan all be done very<br />

easily by a lar'e society with ru euergetic committee, aud plenty of capital.<br />

Bat wha'I about a smsfi soc&ety with all its capital locked up in its business, its<br />

credit low, and the faith of its members lower still? Tiventv-&ight years ago<br />

the I incoln Society ives in that posit. on. when s, few ardent spirits bauded themselves<br />

together to overcome the difitcnlty.<br />

They started the Lincoln Laud aiul Buihling Society for the purpose of providmq<br />

rb insclvcs with bosses. Tins society is regi te&vil under tbe Iu&lustrial<br />

aud Provideut Societies' Act, is a membe of tho <strong>Co</strong>-oporative 1":nion, and its<br />

members!iip is open to all classes. Tbc liold&ng of El shcre constitu&es a mern<br />

bor aul ives him all tho privileges. It is 6 mocraticclly governed and its profit-<br />

are divided amongst tho shareholders. The soc&ety pays on sn average 250 a<br />

week in aa es, ahvavs ~ paym full union rates; it has built 377 houses, and has<br />

a repute, tion for doiug good work. These houses have cost 6111,632. The<br />

so'&sty's capital on J&mc 30th, wns 248,600, 210,400 of &vbic!& !ms come m<br />

small sums through ite Da&ikiri ' Depnrt&cent. In ddition to &vhat the Society<br />

has built, E'&G,o58 has been lent to meiubers to buy houses of other peoples'<br />

building. Thus we have t&vo <strong>Co</strong>-oper&s&ivo Societies &n the same toivn workuig<br />

s&de by aide, winch have supplied 1,000 houses ui I incoln snd District. I thmk<br />

that is snfficieut proof that the working classes have tire solution of this problem<br />

in their own hnnds. The financial results have been satisfactory, but tho moral<br />

results cannot be tebulnted.<br />

I have no doubt that some will trot out the oil objection that worl'ing men<br />

wbo live m their own houses and v&snt to continue to hve ui thorn, will work for<br />

less moner thnn they ought to do, rather than remove to another district, aud so<br />

u& thatway help to lower ws, cs, and that pnrcl&asii&g e, house m this way mal&as<br />

men mean ond selfish. that it tal es n&vay their better natnre, nn&1 converts them<br />

into money grubbers. Bnt I &lo not hesitate to nssert, tl&at this is a libel on a<br />

class who are thnfty and anxious to gain tlseir independence. As a class, they<br />

cau compare favourably with any chica in our city, and certainly they would be<br />

better able to resent nny oppression on the part of their employers, with chouse<br />

of their own, and having no dread of the rent collector comin on a bIondsy<br />

ruon&ing, and sending his "uncle' if thev fail to satisfy him. The msu with a<br />

snag balance at the store that he can fetch out, is in a better position to stand a<br />

storm than his improvident, thoughtless ncighbonr. Iu conclusion let me say,<br />

that a house is a necessity, and be the accommodation ever so poor, it has to bc<br />

paid for. Let every co-operntor then take steps to provide one for himself, and<br />

let us wait no longer fcr others to do for as what we can best do for ourselves.<br />

Gleanings from Balance Sheets of Neighbouring<br />

Societies.<br />

PETERBOROUGH. —93rd Quarter,<br />

ended Jme 26th, 1900.<br />

s. &L<br />

Sales ... ... ... ... ... 45,756 19 10<br />

Share Capital ... ... ... 74,408 11 5<br />

Reserve Fund ... ... ... 2,99G 9 7<br />

Dividend ... ... ... ... 2 I<br />

Assets ... ... ... ... ... 87,702 5 8$<br />

The sales sz A'8, 914 in excesu of<br />

these cf the corresponding Quarter&<br />

the mcmb r hip is 7.162. The<br />

pmchases from <strong>Co</strong>-<strong>operative</strong> smirces<br />

amount to A'10.643 for the 'Quorter.<br />

Three Imirs of cottages are being built<br />

in Charles-street, and others will be<br />

eta&ted noon, lat~r, in Cromwell-road<br />

and iorfolk-street. The Socie(y's out-<br />

lnit of bread from its various bel-eries<br />

was 337 tons, an increase of 26 tons<br />

over the output for the corresponding<br />

Ouarter last year. A week's special<br />

.I&ow of autumn goods was held in the<br />

Society's Hall from Sept. 7th to Sept.<br />

15th. 'I ne <strong>Co</strong>-<strong>operative</strong> Ipholesele<br />

Soc&e~s Irlum Soaps sre stated to<br />

have come largely into popnlar favour<br />

a&cong the members, aud the sales<br />

have very mush mcreased.<br />

GRlbfSBY—Quuzter ended June 28th<br />

1900.<br />

s. &L<br />

Sales ... ... ... ... ... 16.433 15 0<br />

Share Capital ... ... ... 15,570 10 I<br />

Loan „... ... ... ... 13,998 13 H<br />

Reeerve Fund<br />

' ... ... ... 1,165 13<br />

Dividend ... ... ... ... I 6<br />

A sse'.a ... .. ... .. ... 45,454 16 t'<br />

The sales exceed those of the corr<br />

.pondine Qna"ter ln t veer by<br />

&e1,590. The Sc&&etv w&a snccwsful iii<br />

seeming the C.5(Y.S. Divisional bfeeting<br />

on Sept. 8th and the bfidland<br />

tion on Sept. 20th, 21st, and 22ud.<br />

Each of them gatherings cannot fail<br />

to benefit co-oper, ition in Grimsby.<br />

Prominent local gentry opened the exlnbition<br />

zespecti&ely on each of the<br />

three days. A <strong>Co</strong>nference promoted by<br />

the Productive <strong>Co</strong>mmittee of the <strong>Co</strong><strong>operative</strong><br />

Union was held on the last<br />

day of the Exhibiiioa. A fund is being<br />

formed. by the Society with the view<br />

of inviting the next <strong>Co</strong>ngre s held in<br />

the bfullende to Grimsby.<br />

BOSTON.—80th Quarter ended Jane<br />

28&h, 1900.<br />

s. d.<br />

Salos ... ... ... ... ... 6,778 3 11<br />

Share Cnnital . . ... ... 9,006 13 94<br />

Reserve I'und . . ... ... 263 0 0<br />

Dividend 6<br />

~<br />

besets .. ... ... ... ... 13.317 10 104<br />

Tl e sales are less &n amount by<br />

A827 than in the corresponding quarter<br />

1s.t year. The small dividend is<br />

eccoun(ed for bv a loss iu the Butchery<br />

Department winch has occasional the<br />

engagement of a fresh butcheiy<br />

maoeger. <strong>Co</strong>mrared with the preeedirg<br />

qu;ir(er thc trade of the Scciety<br />

shows signs of reccvczy. ts its<br />

financia position is good, increased<br />

trade is sll that is necessary<br />

to place matters again upon a satisfactory<br />

footing,<br />

GRANTHAbf —109th Quarter ended<br />

June 30th, 1900.<br />

s. d.<br />

Se les ... .. .. ... ... 9,18G 11 2$<br />

chare Capital ... ... ... 18,717 9 Ik<br />

Rm& rre Fund, . ... ,. 383 11 6<br />

Dividend .. ... ... .. I 4<br />

.tssets ... ... ... . . ... 23,647 5 ci<br />

The ales exceed those of the eor-<br />

<strong>Co</strong>-<strong>operative</strong>. Kxhib!tice and Demonstra- j zmponding quarter last year by 4600;<br />

-bile record(ng this mcrcase, tbe',<br />

report stat s, the <strong>Co</strong>mmittee regre<br />

the - cannot say the same of the<br />

pr& hte; they tool& there('ore over A'l &0<br />

f(r&.m the Reserve Pand to help to piy<br />

a dividend of sixteen-penes in the ah<br />

The report states the Book Cheek<br />

~<br />

System adopted by the Society three<br />

n&oaths previously appears to be working<br />

&rell. Increased bosiness in all<br />

departments is asked for. A. special<br />

ref o&4 upon the development of the<br />

Sonic(y'e Barrou&by-road Es('ate foz<br />

boil&ling pnrp&ae. , together with a plan,<br />

shoiving the number of bidlding sites<br />

upon it nml the ezisting sud proposed ~<br />

neiv ronds skii ting it, occupies a<br />

prominent position in the Balance<br />

Sheet. A. new Society under the norse<br />

of the People's Sapply Soeie(y hes '<br />

been started at tbe instnnce of the late<br />

msnncer, a prcccdure which cannot be<br />

reg. idwl in nny other light than as ~<br />

o&i.rlapping tho old Soc&ety.<br />

KING'3 LYNN. —(6th Qaartrr ended, '<br />

blay 23&&1, 1000.<br />

Sales ... . . ... ... ... 4,342 17 7<br />

Share C&ni al ... ... ... 2,499 4 9<br />

Rceervo I'aod ... ... ... 414 16 5<br />

Divi&lcnd ... ... ... ... I 10<br />

Assets ... ... ... ... ... 6,915 0 II<br />

The sales are higher &n amount by, '<br />

A'106 than those of the corresponding<br />

quarter last veer. Advances to the,<br />

o&nount of A'929 to members for pur-<br />

&bese of houses fieure in the Society's<br />

~<br />

assets. a branch of <strong>Co</strong>.<strong>operative</strong> work<br />

that is steadily being extended.<br />

SCUNTIIORPE. —105th<br />

September 4th, 1900.<br />

Sales<br />

Shszo Caj&ital<br />

Reserve Fund<br />

Dividend<br />

Amets<br />

Quarter ended<br />

A' s. &l.<br />

12,110 12 I<br />

14.759 IG 11<br />

608 9 7<br />

2 3<br />

17,558 14<br />

~<br />

~<br />

'phe sales sre .62,2(5 over these of<br />

correspomhrc Quar&er, hu& t!'e&e<br />

is c, cons&&lerable fa!h&g r(I in the<br />

pro&i(e, attnhutible to en ndva&'ce m<br />

wholesale price and ro rorrespo hng<br />

increase in retail prices.<br />

GAINSBOROUGH<br />

ended September<br />

Sales<br />

Sl are Capital<br />

Itcserve I'und<br />

Dividend<br />

Assets<br />

113th Quarter<br />

4th, 1900.<br />

e. d.<br />

15.103 5 7<br />

81,421 15 0<br />

9o9 0 0<br />

1 4<br />

35,680 15 1<br />

The sales exceed those of the cor.<br />

responding Quarter last year bv A'2, 11L<br />

The purchases of the Society from <strong>Co</strong><strong>operative</strong><br />

sources total A6, 58(. The<br />

dividend is twopence in the pound lees<br />

than ihat of the September Quarter<br />

la t ymr.<br />

HUNTINGDON. —55th Quarter, ended<br />

Apr&l 23rd, 1900.<br />

Sales<br />

Share Capital<br />

Reserve Fund<br />

Divid nd<br />

1.6&6<br />

2,035<br />

323<br />

tenets 3,022<br />

s. (L<br />

17 11<br />

8 10<br />

8 IGI<br />

2 4<br />

9 9l<br />

ST. IVES. 11th Quarter, ended July<br />

5th. 1900.<br />

s. d.<br />

Sales<br />

1.374 5 6<br />

Share Cnnital<br />

1,653 10 3<br />

Receive Fnnd<br />

156 8 11<br />

Dividend<br />

2 2<br />

Assets<br />

2,210 3 7<br />

LOUTH. —53rd Quarter, ended Jane<br />

28th, 1900.<br />

e. d.<br />

Sales<br />

2,398 13 7<br />

Share Capital<br />

4,1'75 I I<br />

Reserve Fund<br />

140 0 0<br />

D&v&dead<br />

I 2<br />

Assets<br />

5,040 16 9<br />

FLOPOVER SHOIV AND FLORAL EXHIBITION.<br />

Dr. Income.<br />

To Subscriptio'ns from<br />

Society ............. , 20<br />

„Entrance Fees Choral .. I<br />

Shou& .. 4<br />

„Admission Tickets .... 17<br />

„Deficit from Zd. Grant 2<br />

G. E. Beck, 1<br />

- AAI&d&tore.<br />

r&i&g,<br />

s. d.<br />

0 0<br />

11 6<br />

8 10<br />

12 5<br />

15 7$<br />

Cr. Expenditure.<br />

By Prmtmg Account<br />

„Paid in Prizes, Choral. . 9<br />

Show .. 18<br />

„A&ljudicstor's Fees,<br />

Choral<br />

Show I<br />

„Portland Place Band .. I<br />

„Hire of <strong>Co</strong>rn Exchange 4<br />

„H&re of Piano. ..... ....<br />

„Arranging Tables, &kc. ..<br />

„Secretary's Postage ....<br />

„,Gratuity to Hall-keeper<br />

„Advertising. ......... . .<br />

„Refreshments, &kc. ... ..<br />

s.<br />

12 8<br />

10 0<br />

5 0<br />

4 0<br />

10 0<br />

10 0<br />

9 0<br />

G 0<br />

0 0<br />

5 9<br />

2 6<br />

17 9<br />

P. '6 3 4i<br />

LIBRARIAN'S REPORT for the Year ending July, 1900.<br />

Number of Works in the Library at the Annual Stock<br />

Taking, 1899 ......, .....<br />

Number added during the year<br />

Worn out aud lo t<br />

WitMrawn. ..........<br />

50<br />

16<br />

5370<br />

44<br />

54'4<br />

5348<br />

The issues for the year &vere as follows:—<br />

bfondav evenings:-hours 7 to9.. 4608 Friday evenings &—hours7 to 9.. 5430<br />

Tuesday „„„. . 2844 Satarday afternoons: — 8 to 4 .. 1996<br />

IVednesday „„„. . 2533<br />

I'riday „eveniug „6 to 9 .. 9451<br />

(mid-day for <strong>Co</strong>untry membem<br />

only) 12-30 to 2-30.. 27yJ Total issues 39514<br />

E. J. WH.YTMOUGH, Librarian,<br />

66


Cup of Tea<br />

Pot of Tea<br />

Cup of <strong>Co</strong>ffee<br />

Cup of <strong>Co</strong>coa<br />

Ham Ssmlwich<br />

Plate of Ham<br />

REFRESHMENT<br />

d.<br />

1<br />

11<br />

1<br />

I<br />

TAJv~ t<br />

d.<br />

Bread end Butter. 2<br />

Roll and Butter .. 2<br />

Bun snd Butter .. I/r<br />

Scones .. .. .. 1<br />

Scone and Butter. 14<br />

Pastry .. .. .. 1<br />

Sausage Roll .. 1<br />

Plum B&ead&2Butter 3<br />

LINCOLN CO —OPERATIVE QUARTERLY RECORD.<br />

BAR<br />

&1.<br />

Plain Tea<br />

Tea mith Pastry .. 6<br />

Lemonade .. .. 1$<br />

Ginger Beer. . .. 11<br />

Potted Meat. . .. 11<br />

Ci gars .. .. . . 2<br />

NEWS ROOM; LIBRARY; REFRESHMENT ROOM.<br />

THE NEWS ROOM i- open on Monilavu Tuesdays snd Thursdavs at 8 o' clock<br />

p m ' on Wednesdays at o-30 p. m. ; on Fridays at 11 s.m. ; and on Saturdays<br />

at 2 P.m. It is closed every evening at 9-80,<br />

THE LIBRARY is open for changing books: NIonday. Toesdav, We&inesdsy,<br />

Friday, 7 to 9 p.m. ; Fi'iday, 1-80 to 2-30 p.m. , for <strong>Co</strong>untry Members only;<br />

Sa'. urdsy. 6 to 9 p.m.<br />

THE REFRESHMENT ROOM is oPened at 10-0 a.m. , and closed at 7-0 p.m. ,<br />

except on Wednesdays, a&hen it is closed st 1 o' clock.<br />

j)P ~$P,$/4/PllI f.<br />

This Department is well stocked with all kinds of Household Furniture<br />

of every description, comprising Dining-room, Drawing-room &<br />

Bedroom Suites, Sideboards, Che/fomers, in Mahogany and Walnut,<br />

Kitchen Furniture, Bcdsteads, Mattresses, Beddings, Carpets,<br />

Linoleums, Oilcloths, Rugs, Mats, &c.<br />

in connection with the<br />

JEWELRY DEPARTMENT<br />

we would draw our Members' special attention to repairs of Watches<br />

und Clocks which we are uow having done on the premises by our<br />

owu workmen. We keep a good selection of Watches, Gold &<br />

Silver Alberts, Dress aud Wedding Rings, Brooches, Studs, &c.<br />

and Clocks of all Descriptions.<br />

We have also n splendid assortment of Crockery, including Dinner<br />

Sets, Tua Sets, Toilet Sets, Trinket Sets, &u.<br />

Gina'8 Ware of all descriptions.<br />

Basshrettes nud Mailcurts. Washing aud Sewing Machines of the<br />

Best Makes.<br />

Cleanoil only<br />

bfain Spring only<br />

Cleaned and Mstusprmg<br />

Hair Sptfng only<br />

PRICES<br />

WA TCII REPAIRS<br />

s. d.<br />

2 0<br />

2 0<br />

8 6<br />

2 0<br />

Hah Spring and Cleaned<br />

Hands<br />

Glasses<br />

Watch Cases, New Joints<br />

PRICES, CLOCK REPAIRS:<br />

s. d.<br />

3 6 4<br />

4<br />

I 0<br />

s.<br />

8 Days Engbsh Long Base<br />

cleaned ................ 2<br />

cleaned and newlines 8<br />

Spring Cloaks cleaned. . 2<br />

cleaned A<br />

spring. ............... 8<br />

Spring Timepiece cleaned 2<br />

Tiinepiece cleaned<br />

and newlines ........ 2<br />

ftdays' American striking cleaned 2<br />

d.<br />

6<br />

6<br />

6<br />

~<br />

6<br />

0<br />

6<br />

0<br />

s. d.<br />

8 days' cleaned and spring .... 8 0<br />

French striking cleaned 8 6<br />

striking cleaned<br />

and spring. ........, 6 0<br />

80 Hours' American time and<br />

alarm cleaned. ....... I 0<br />

30 Hours' American strDdng<br />

cleaned. ............ 2 0<br />

80 Home' American strDring<br />

cleaned and new lines 2 0<br />

Brooch Pius Fitted from ud. Joints sud Catches from ud. ouch<br />

ALL WORK WARRANTED FOR 12 MONTHS.<br />

We are uow prepared to supply ull kinds of. . .<br />

d Ol PIEPIS' TOOImS.<br />

. . . Samples can be sneu in the Furnishing Department<br />

TAILORING DEPARTMENT.<br />

We have a very Choice Assortment of Woollen Goods for the coming Season<br />

from the very best 5fakers, inelu&ling all the latest and moat novel<br />

designs in: Vicunas. Worsteds, Engbsh, Scotch and Irish Tweeds, West of<br />

England and Fancy Trousenngs, Sergee of every &leseription.<br />

LATEST WEST-END CUT AND STYLE<br />

Snperior Worhusuship Guaranteed. Ladies' Tailor-Made <strong>Co</strong>stumes a Speciality.<br />

IxEADY-MADES DEPART .'IENT.<br />

Men's Tiveed Suits from 20i. to 38iu<br />

Slen's Blue and Black Serge Suits of Superior Cut snd Style.<br />

Mea's Cricket and Bostiag Shirts end Trousers, Men's Alpaca snd RusseH<br />

<strong>Co</strong>rd Jackets. Boys' Sailor snd Byron Suits, Boys' Norfolk aad<br />

Holbora Suits, Youths' Rugby and Harrow Suits. Mechanics' Clothing of<br />

Every Description.<br />

Waterproof <strong>Co</strong>ats, readv-roads or to Measure, in any Style. A Good Selection<br />

of Ready-mades, inoiuding tiie ('ape Overcoat, tlie Inverness, the Albion<br />

snd ihe Chesterfield.<br />

GENT'S OUTFITTING /It FANCY DEPARTMENT.<br />

ENT'S Sill&aud pelt Hats in Great Varietv (Trade Unius Made). Straw Hats sud<br />

G Caps in every Shape, Shirts, <strong>Co</strong>llars, Ties. Handkerchiefs, Gloves, Umbrellas.<br />

Pipes aud Tobacco pouches, &e., fie. A very choice selection of Gent's Solitaire . Cuff<br />

Liuke, Studs, snd Scarf Pins. Gent's Fan&IWoel Hose and Half-Hose. Gent*a Merino<br />

Hase sud Half-Hose. Shirts and Pants of every description aud quality.<br />

Special Pfctice t(y Ccuntwu i"&ien bes s.<br />

This year we are holding at the end of October und in iNovember<br />

8 series of Sales of Surplus Stock, comprising Men' s, Youths' nnd<br />

Boys' Ready-made Clothing and Wnterproufs, at our largest<br />

<strong>Co</strong>untry Branches, in order to give the members an opportunity of<br />

availing themselves of these goods at Greatly Reduced Prices.<br />

Full particulars will be given later by circular.<br />

00t ~&~ &'q«e<br />

Ladles' D;:.partntent.<br />

We are still at the front in this department, and we want our Members<br />

aud the Public to know that there are no better Boots and Shoes sold for the<br />

price than we selL We still have our High Leg Lace from 3,'ll. and Bntton<br />

and Lace Glove Leather from 4!11, splendid goods, snd our High Ieg Kid<br />

Button and Lace, with Flower on, from 6/11, very good value. <strong>Co</strong>me and see<br />

them before going elsewhere, snd then me have a Splendid Stock of Golosh Boots,<br />

for Winter wear, from 5/Il. Slippers from Sd. s pair and our Girls' and Boys'<br />

School Boots in Button and Lace 7, 8. 9 and 10, from 2/11, and 11, li, 18 and I,<br />

from 8/11, Leather Lined, wear splendid, and om iNuggetted Boots, same price,<br />

none so good in the City! In onr Gentlemen's Department. we have a Grand<br />

Stook of Winter Goods m, anu they ran from 6, 11 in Light Boots. Leather<br />

Iiine&L all Leather, up to 21/-. A very splendid cho ce in Working Boots, we<br />

ran our 4/11, bien's Nail Boats, and the quantity we seli, is a proof that there<br />

is no Better Value than ours. We have them nt 5/11, 6/ll, 7/11, 8/11, 9/9, 10/9,<br />

11/6, 12/9, &kc., in sll shapes, so we think if yon some you will get mell supplied,<br />

for we have a Good Staff of Assistants in th;s Department. In our<br />

REPAIRING DEPARTSiENT we are very busy. We repaired over -100 pairs in<br />

one meek. Bring your Repairs!<br />

')tffiIP/Ayre 'U<br />

have received our<br />

4 jL ~ i'11 a if& Iik P<br />

I I18t GQads<br />

To uihich we Invite your Special Attention.<br />

Our Stock wus never larger or more varied than nt the present time.<br />

Some very Choice Season's Novelties are included.<br />

Why go elsewhere when you can be served so mell at your owu<br />

shop ?<br />

Your call of Inspection is earnestly solicited.<br />

Clctltinfs &Ot tab Tickets Taken.


For WASHING SOAP<br />

XJ&&<br />

WHEAT SHEAF"<br />

"LAUNDRY BELLE, *'<br />

SOLD ONLY AT THE STORES<br />

Ird C)UR<br />

Central Butchery<br />

Department:<br />

We have always on hand a good supply of the<br />

Best I)uality of<br />

British Beef and Mutton.<br />

TWWK rtOTIGK. —No Foreign Meat is<br />

sold by this Society. Our specially selected Ponk<br />

cannot be surpassed. We have a high reputation<br />

for the excellent quality of our Sausages, Put e<br />

Home-Rendened Land, Polony, and<br />

Home-Cuned Bacon and Hams.<br />

The Prices are all Moderate, . . . .<br />

. . . . cousisteat with Good Quality.<br />

THE CHRISTMAS CLUB<br />

Fon GEESE, TURKEYS, DUCKS,<br />

Etc., is now open.<br />

<strong>Co</strong>al Department:<br />

General Depots: --<br />

G.N.R. <strong>Co</strong>al Siding, Brayford.<br />

Gr. Central <strong>Co</strong>al Siding,<br />

I Kr4'VII Ic ROWn.<br />

Orders for <strong>Co</strong>al are received at the Central<br />

Stores, at any of the Society's Branches, or at<br />

the Canwick Road <strong>Co</strong>al Oflice. For the conve-<br />

nience of <strong>Co</strong>untry Members our own wagons will<br />

be sent to any Railway Station.<br />

Weight of all Delivenies of<br />

<strong>Co</strong>al Guaranteed.<br />

The "Lrsc&.r, Levier' Xew~p r ssa C~neral i'racer tr.".zh .<br />

SPLENDID RANGES ot HOUSE COALS<br />

and NUTS always on Sale.<br />

'.


iHE Lti4CQLK<br />

f itllltiitilr I ', iiiitirr'ttitir Jni&attriul QrirtLt<br />

LI lVI ITED.<br />

w t EVER STREET<br />

~///r'/'/ '//E<br />

8~~~ h<br />

c~<br />

.~-~~~uo ~ ~~&<br />

'[i- ~[& )i' XXt &t<br />

~ ~//'<br />

~ ~g~ gr/ ~<br />

~op<br />

++ pd!<br />

ref 3 io.<br />

7OU~ i4. O<br />

ice<br />

4tPu S'<br />

// Z5g U<br />

/rdgK49 . ze rr/<br />

pu5op' . o .<br />

PC Sly<br />

/ug/ Jj // g<br />

rgb~/A M P<br />

/dui& X - Z<br />

- r'U


What is ihe. . .<br />

Lincoln <strong>Co</strong>=<strong>operative</strong> . .<br />

Societpi 7<br />

It is a notable illustration of the success snd advantages<br />

attending the <strong>Co</strong>-<strong>operative</strong> Method of doing business.<br />

Established 89 years ago, it has during that period done a<br />

business amounting to 28;881,351/I/11 and realized no less<br />

than 2841,948/1/Ig of dividends, the whole of which has<br />

either been distributed to the Members in cash, or added to<br />

their share accounts, so as to be available in time of need. .<br />

M'a ny working men who have allowed their share of proht<br />

and interest to remain in the Society, have now over 2100<br />

standing to their credit, although they have actually paid<br />

nothing into the Society's funds, beyond the original entrance<br />

fee of One Shilling, ,the remainder consisting solely of accumulated<br />

dividends and interest. Thus, people have been<br />

enabled to save money without trouble or effort, and without<br />

touching their own wages In fact, strange as it may seem,<br />

the more they have spent —at the Stores—the more they<br />

have saved;<br />

8'hat is the Society doing to-aay?<br />

It is supplying its Members with Pood, Clothing and.<br />

other necessaries of undoubted quality and purity, and<br />

delivering them from the Stores, if members desire it, free<br />

of charge, to the extent of over 44,825/0/0 per week,<br />

and realizing for the Members a nett profit, after paying<br />

all working expenses and allowing interest on capital, of<br />

over gM, S50 per annum.<br />

These marvellous results are achieved by the Society<br />

~ buying in large quantities direct froni producers or importers,<br />

thus saving intermediate profits and commissions, and, by<br />

reason of its large capital, always =paying .ready money' aud<br />

thereby securing, at all times, thrtvery'-, :best tirms. ',<br />

474,089 has been advanced to members to build<br />

or buy houses for themselves, and the Society has 56<br />

houses tenanted by members.<br />

If you wish to be supplied with pure and wholesome<br />

goods at fair prices; to be independent by being nut of'.,<br />

shopkeepers' debt; to have<br />

',<br />

~<br />

money by allowing your share; 1. . i-: . ,<br />

u, :,: n . ;,. ~1<br />

to have a safe investment fer any money you can spare cut<br />

of your regular incoine, do not lose a day, but<br />

Join the Stores,<br />

and induce your friends and neighbours to de the same. Th's<br />

entrance fee is only One Shilling. <strong>Co</strong>pies ol the Rules,<br />

Balance Sheets, and any further informat on, can be-"'<br />

obtained at the Office,<br />

Central Stores, Silver Street, Lincoln,<br />

or at any of the Branches.<br />

This Branch has now been open 8 years. During<br />

tiat period it has done a trade of X48,094 and I;8,280 has<br />

ben paid as Dividend to Menlbers who have dealt at it, for<br />

goos. There is still room for more trade. If you are not<br />

a Muiber you can join by paying an Entrance Pee of Oiix<br />

Snin&e at the Branch. Either inen or wonien can be<br />

Membrs. Wc sell goods at fair prices. We offer no baits<br />

to entrii the unwary. We do not sell one article below'<br />

cost prie and others much above their value, but aG at<br />

reasons' rates. If you deal regulai'ly at the Stores for one<br />

year you vll find yourself much better olf than if you run<br />

from shop ~ shop to save a farthing here and a half-penny<br />

there. -&t &e end of the year, where are your savings&<br />

They are n»~ere to be found:, but the <strong>Co</strong>-operator has his<br />

dividend eitheto draiv out or leave iii the Society at five<br />

per cent. intei't. Try it, if you want gooll articles and<br />

true value foi nuey if you. want to save for the future 7<br />

deal at the Mar & Rasen Stores. Be s, Member snd. Partner<br />

in the concer» ai buy nowhere but at your own Shop.<br />

Ie,st Quarter the fl'deud v as ls. 7d. in the X. If you trade<br />

at tile Stores as a ni-melnber yoll vrill receive a Dividend<br />

of gd, in t e ~ on ii vou spelid. Try i' t, Mid il you are<br />

satisfied, the»bee»i e iifeuiber. It; will cost pou nothSlg<br />

.o loin if yiiii speiiil this shilliiigs iil *cods.<br />

uneoln cadet" so%'lyLpet' v Genera rcintmg 'v, rM


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