f lib co-operative ludustrial society, equitable...
TRANSCRIPT
1'H F LIBCOLM
Equitable Co-operative ludustrial Society,
LIMITED.
~ y
gM~g~:g' BLAC '
j' BMCK'
— ILAIL~ t IEIQ
$0& ~ lv\RSUN URPA5 E
I
Sk.ACR nR TAN
"SLOW BUT SURE." "UfvfiON IS STRENGTH. "
Liabol~ EquitSblf', Ilo-OP~ruim Illhu~tri~i 5Xi~t~, LtIi,-' ',
EBV' ABL IBtug' yS 1BeSX.
Redieteved undex the Industrial aud Provident Seeietiee sat. 1SSS. I
Objegts Of FfRST.—lt provides its Members and tbe General Public with)Bread, Flour, Grocery, Provisions,
tDrapery, Clothing, Boots fi Shoes, Butchers' Meat, Coals, Crockery, Hardware, Furniture, "etc
he Sot:~t:ty. SECOND.—It seeks the Domestic, Social, and intellectual advancement of its Members.
Annual Business, 8418,676. llumber of Eembers, 14,975. Share Capital, 8248,191 18s. 4d.
Loan Capital, 884,886 9s. 5d. Reserve Fund, 814,719 6s. 8d.
Bankers: —THE LONDON CITY & MIDLAND BANKING COMPANY, Itd. ; The CO-OPERATIVE WHOLESALE SOCIETY, Ltd
THE REPORT AND BAI ANCE SHEET,for the 107th Half-year ended January 6th, 191~
No. 1u 2~1
466
~t89
10~, 11
Central Stores and Offices —SILVER
Branch —BRACEBRIDGE.BURTON ROAD, LINCOLN.SHAKESPEARE STREET, LINCOLN,
RIPON STREET, LINCOLN.WELBOURN.METHERINGHAM.CANWICK ROAD, LINCOLN.
SAXILBY.BAGGEHOLME ROAD, LINCOLN.
GRESHAM STREET, LINCOLN.
BARDNEY.
and FREESCHOOL LANE, LINCOLN,
No. 12 Branch —NORTH STREET, HORNCASTLE.
13 „SOUTH STREET, SLEAFORD.
14 „HIGH STREET, LINCOLN.
16 „UNION STREET, lSARKET RASEN.
16 „BASSINGHASI.17 „REEPHAM.18 „WINN STREET, LINCOLN.
19 „HACKTHORN.2O „NEWPORT, LINCOLN.
„21 „SIONKS ROAD, LINCOLN. .
22 „TEALBY STREET, I INCOLN.
BUTCHERY BRANCHES.Ne. I, Rlpon Street; No. 8, Gresham saeet; Ne. 8, norton Road; No. 4, High Street; No. 6, Baggeholme Road;
No. 8, Boundary Street, Braeebrtdgs; No. 7, Sionks Road; No. 8 Tsalbp Street.
COI,ONIAL MEAT SHOPS, SINCIL STREET and NEWPORT.
The HALF-YEARLY MEETINGOn HOED' EYEEIEG, FEBRUARY 8th,
Adfenda of Business:
i.—Minutes of last Quarterly Meeting.
s.—Admission of New Members.
S.—Report and Balance Sheet.
4.~ubscription to Mabletborpe Convalescent Home
' i mcohr
-"=" Sift.-e,::.;;,a .y.—Suhscripriou ro Lincoln City Police Scheme for cloth!ug
Poor aud Destitute Children.
a
he pro
will be held in the Large Hall
1915, at HALF-PAST SEYEN o'clock.
8;—-Subscription to Rarlway Benevolent Institution, Lincoln-
.shire District.' '
-4'
9.—Subscription to tbe Lincoln Life-boat Saturday Fund.
ro,—Proposed alterations and additions to Rule ss (Mode of'-conduefhrg business) as per large poster.
Election of Five Members of the General Comminosr' '::"-."„-';,
Two Auditors, and One RepresentauvetotheC, W~=„-;:;.;, ,. --, Qlaritsrly-ddeetlng, 1u Msrchv i915
-aNv~ijSBths'sa'khr, Siar Methbent .tfgijSiel„'-..:;,;.l.-.»,„:
'.o tb. . f'. . . .+ Hide+ "4feetide tii 'l~i:.—s sy cher ".
COMMITTEE OF MANAGEMENT.~Mr. H. BELLMr. G. WARD
'Ma H. H. RUDDMr. C. OSTICK, President 5 I Mr. W. HEWSO'N .. . . . . 37
Mr. WM. COULSON, Treasurer .. 5 x Mr. G. HARLEY . . . . . . 49
Mz. GEORGE HARRIS, Secretarv .. 49, *Mr. W, H, GOLDSTEIN . . . . 51
W. B. HOWARD .. ;x 'Mr. G. BACON .. . . . Ix
Aurnroas —Mr. W. P. ARMSTRONG, CMI. T. E. CURTIS, CMr. R. DAY, and Mr. W. SPALDING.
Cssuma —Mr. FRED. STEPHENSON. Assxszaur Cassxss —Mr. C. MACKINDER.
'Retiring Members each eligible for nomination. Ix Committee Meetings have been held.
E!ection of Five Members for the General Committee Candidates nominated: Mr. Joseph Ashby, cMr. George Bacon, Mr. George Baxter, GMr. Harry
Ball, 'Mr. William H. Goldsrein, 'Mr. William B. Howard, Mr. Joseph Hudson, Mr. William Lovatt, Mr. John P. Marshall, CMr. Haxzy H. Rudd, Mr. George
Smalley. Mexnbers must not vote for more than Five. ' Retiring Members.
Election of Representative to C.W.S. Quarterly Meeting. a Manchester, hIarch zotb, 1915, Candidates nominated: Mr. Charles DUSn, Mr.
William C. Goods!e, Mr, Herbert Gcodman, Mr. Charles W. Oxby. Members must vote for one only.
Votes must be given by making a X opposite to the namm of the Candidates selected for sapport.
Each Member must show his or her Pass Cszd to obtain a voting paper from the person who gives them out.
The boars of voting are from 3 p.m. to S p.m. on Saturday„February 6th, 1915, at the following Branches: —Wino Street, Gresham Street, Newport,
Sub-Central, High Street, and Bracebridge, and at th* Central Ofhce, from rs a.m. to 9 p.m. on Monday, February 8th, 1915.
DEPARTMENTAL COMMITTEES.
Boor ANU SuoaFURNISHING
Gaocaav M
DaavsavTAILORING
BUzcsa'av
Messrs. COULSON, HEWSON and H. BELL
Messrs. HARLEY, BACON and H. H. RUDD
essrs. HARRIS. HOWARD, GOLDSTEIN and WARD
Messrs. HARLEY, BACON and H. H. RUDD
Messrs. H. BELL, HEWSON and OSTICK
Messrs. WARD, BACON, HARRIS and H. H. RUDD
Coats . . . . .. Messrs. HOWARD, BACON and WARD
Bun.unrcs Messrs. HEWSOFi, GOLDSTEIN. HARLEY and H. BELL
Fnrauca . . llgessrs. COULSON, HOWARD and HARRIS
Rou.iuo, Lxva Svocs Aun FARN .. Messrs. OSTICK. HOWARD
WARD and H. H. RUDD
Fx.oua Mxxx Messrs. HARLEY, OSTICK, GOLDSTEIN, and H. BELL
STANDING ORDERS.
That no Member be allowed to speak more than ance on anv motion at the Quarterly, or any other Gene-al Meeting of the Members convened for
the purpose of transacting the business of thc Society, except the movers of motions and amendments, viho shall each be allowed a reply; and no Member
sha!1 speak after such reply.That no Members, except movers and seconders of Resolutions, be allowed to speak more than sve minutes on any Resolution
That all questions relating to the Balance Sheet, w!Sch sre sent to the Secretary before the General Meeting, have the preference,
Whenever amendments are made upoa anginal proposinons, no second amendment shall be taken into consideration until the grat ameadmeni has
been d(sposed of. (a) lf a drat amendment be carried it shall displace the original question and become itself the question; whereupon any farther amendmcnt
may be Iuoved. (t) lf the 61st amendnieat bc aegatived, thea a second mal' bc moved to the originalquestxon under COIlsideration; but onlyonc amcn&lmcnt
sha((bc submitted to the Meeting for discussion at one time. (e) The mover of every resolution aud of every amendment sha(( have a right of reply,
tely after which the question shaB be put from the chair; but no other Member shall be allowed to speak more than once on the same question, unleui
pernussion be given to explain, or the attention of the chair be called to a point of order.
A, motion once carried shall not be rescinded at any Meeting without due notice having been given.
When any motion or amendment has been made and seconded. it is open to any Member to propose the - previous question;" i.e., that the motion
before thc Meeting be not put. The mover and seconder of "the previous question" cannot afterwards speak on the motion before the Meeting.
When the President rises to speak, Members shall immediately take their seats.
COMMITTEE�'S
REPORT.
We beg to submit to you the xo7th Half-yearly Report and Balance Sheet. The total amount received for Goods sold during the
half-year is Azxo, oo4 16s. 5zsd. being an increase of $6,6o5 xxs. 3d. over the corzesponding half-year. The nett profits on the half-
yeaz's business, including 6 54o x7s. 5d, brought forward last half-year, after allowing for all expenses, depreciation, and interest, amount to
gxg 757 I 8s 3bd. , and after allowing A 7z68 x 8s. zd. as Interim Dividend at z/8 in g, we propose to dispose of the balance as fo)lows:—
gg,goo as Dividend on Members' Purchases at x/zo in the g, fr 243 7s. 3d. for Educational Purposes, j25o to Workmen's Insurance Fund,
gx ooo to Mill Alterations, $6oo to Reserve Fund, and $832 xos. 5sxd. carried forward to next half-year. 672 persons have joined the
Soc(ety udthin the half-year, 43o have withdrawn, and zg foxfeited, making the present number 14 975.
In accordance with your resolution passed at the last quarterly meeting, in regard to a family of Belgian Refugees, we took
medmte scnon and prepared an unoccupied house on Newark Road, for their reception. Mr. aad Mrs. Moortgat, of Antwerp, with a
fain()y of fxiur children, arrived on Decembe 23rd, and are highly gratified at your kind consideration. Further particulars may be
scen in the Record.
Wc have felt it to be in the best interests of the Society, to forego the Annual Festivals this year. This is the first break in the
succession since its inaugauration.
After much deliberation, we have commenced again to deliver bread, but this is being done under difficulties which we hope will
gradus(iy be overcome In the meantime we ask for your patience and kind consideration.
e. The rapidlygmwingdistrictof Bouithamis urging on the necessity of a branch there. We propose therefore, to talxe the
question up as early as possible, and commence operations.
Rsoxsvsssn Ovvicss:Sxuvss Syssm; Lxscocs, /sinew 6th ygf&
Signeet on fxefxalf ct tfxe Committee of Management.GEORGE HARRIS Secretary.
»C»fg
HALF- YEARLY CASH ACCOUNT.
From July 1st to Jan. 6th, 1915.
DRCASH ACCOUNT
Rscuxrrs. .i'o Cash in Hand and Shop Tills .. .... . . ....,. Goods sold .. ..... . ..... . .... . . .......,. Contributions to Share Capital. . .... . . . .
Loan Capital ...... . . ..
Penny Bsnh Capital. ...Provident Club ... . ....%ruse Club ..
„Repayments, Members' Property Account
,. Interest on' Investments. ............. ..(Rexerve Pand) ....
.. Ins'urance Prexnisms )Members) .... ....
., sich Room Apptlanpe Receipts
„National Hefxlth Insurance Asosanre ...„ Indemnify Pssd (Cnttie). ...-.- - ~ ~ ~ ~ ~ .~
,„~~eyofd .............~ ".- ~ -...»eis L.o'OIL
'ROxsn Peea. ....... ..
-'. ."--~ „I'Rhtso Cards snd'Smmjs ...,.
2 d1,171
210,004xo 62I 8
2, 314 4 103,457 02795 I 9
1784 5 9120 12 10
L,61115
1631310
169~ ~ ~ ~ ~. .. 1,005
x,ogl1438
362451,6
lll,sso166
37 144. 6 6I 9 3
»»'
s d
9 IQ16
16 o
IS 715 10
94 rl
18 75
815
0 Ioh
II 010
0 6:7 '00 08 xo
6
Phvssstu s d
By~b ght14409 19 3
9
,. Productive Wages . .. . . . ........ . ... .. %67 I 7
., Ihsfrlbutive Wages . . .. . ... . ... .. ...... x3,162 xx o
7,231
., National Health Issursnce229
„Withdlaxrsh from shire. capital, ....... 27, 598 6 o.Loss Capital ....... . 3,783 xg 4,
Specie) Loan Capiml .. 4, 5» 6 8
Pemly Bash COPltsl .. 4, 385 15 7$
PlovldentClub ...... , .1,145 0 IIQ
Xmas Club .......~ .~ 110 10 3l2.265
„Cooperative Whohsale'Society Ltd. Loans. . ...... .~ 202100
wolhsun'2 compennltiori Fund. ....................~ 38
.. Mis Altmations. ....'. ............. , .... ............. 1ooo
u, kddxtlons ptlxlli Rosfug alai Live Stcch. . 4,149 3 3
Land and Buildings'. ......... 15 o o
Milling Plant ............ 4,588 2 11' property Accoant, . 8973,16
2»»»
S hxpttoasCmopelaiiVe Unilia Ltd I .; ..i.'..I I 7;,4p, 0:, 'i
NoiP Bise, 'hsd. Sedtixfn Co-osx UnioixsLfxh. 3 0' 'o
hxtsrsstiosxd ooxpeexxttvs Afssscs .....» ' 3, 3 0AmsL soc51 of Rly.',gervxmta» orphan p»sxsd 6 0 o
SpsHoapltsl, ,. ', ; ...»; ..'. 5 5 oLifebceft, Saturday'. Rnsd. ... ....... 1 2 o
f:2;-' "c'; . sh Jxshaxs'Ambuhcech»Brig»sds,''.;:.:..'.:.;. 2 1 0
ciai Motxs. iiisff) ~'atxhm-. .... 2 2 O
mccln V3LLC.Ai .'. ...'. .'..;.;;:.-.';...... x
ffBA»lx»fan%lab Rsxshfi »~ »:.,»..,...2». ~ x -0- m-
„Brlhldft idge N Rxsetl, , 2 ILxltxcols, Chamber 0 ~,x" '"«';,I ~ I I 0Uscolspat stocll shoo, ",
'-..;;.'..;-':»,t".-. "'., 7 I I 0
Pool shrsvl.l .....:, :.';.;:.:;;"',,". 0 do 6
'i'jv'lpq. ;,.-,~'Pot»Stash, shtw':. ,'.......', .'..'. 0 m Fd
d
18 I17
8 8
110 0
15 '100 0
5
Sxpflxnsh
j-;-~x Chl:.Ihitm~a;, .
»
5sftsress
4 6 vs
EXPENSES ACCOUNT.
Da.To Wages
I
„Committee and Secretary's Salaries
Survey Fees. . .... .. .... . . .. . .„Auditors' Fees„Rents .„Rates and Taxes. . . . . . . . .. . . . . .. . . .. ....„ insurance Premiums . . .... . . . . .. ....„Horse Keep .
Stocktaking. &c„Printing, Stationery and Advertising. . .. . .
Stamps and Cheque Books
.. Repairs} Gas aud Electricity. . . . .. . . . . . . . . . . . - ~. . .„Water„Delegates' Expenses„Travelling„Ouarterfy Meetiag Expenses . .„Cleaning., Market Expenses
Harness, Repairs au&i Shoeing
„ Insurance Fund„Coal, Coke and Oil. . . . . . . . . . . . . . . . . ~ ~ - ~ ~
„TelephouesBank Comnussion
„Sick Room Appliances
., gfotor BargeNational Health Insurance . . . . . . . . . . . . . . .
Electra:al Power
Depreciation of Land and BuildingsFixed and Rolling Stock I
and Horace. . . . .. . . . . . . .. . .„Depreciation oi Milling Plant . . . . . . . . . . ..
Deprecianou I klotor Barge
Share Interest {esi mated). . .. . . . . . . . .{mienm}. . .
Interest on LoansSpecial Loans .. . .. . . . . . ..Penny Ban). DepositsBonds ((Branch Manager's}
s d f s d
s d f s d Ca.s By Interest on Shares (Invcstmeats Accoant) .. 624 6 r
Members' Property Account. ... *,155 92.779 15
jo o o„Rents and Waylcaves .. . . .... .......... I,opj x6
„Survey Fees. ... . . .... .. .„Rules and Cards. ....... . . .. .. .... ...... 33 2 8
„ Insumnce Premiums .... . . ............ . . I 18 7
transferred to Members'
Property Account. . ........... . ...... 46 3 6
„Bank Interest. . .. .. .. .... .. . . .. . ... . 194 16 3
,. Commission18 6 jff
,. Commission Railway A.gency .. ...... . . .. 3 13
385 I I„Strong Room Fees. .............. . . . . . . . o 16 o
„SickRoom Appliances Receipts. .... ... . . 14 o Ioff
{ „Bank Dividend. . . . . . . ..... .. . . .... . . . . x jz 19 9
ro 8 „ Dividends .6 14 8
„Motor Barge receipts .. . . .. . . .... . . .... . . 362 11 o
„Allowance, National Health Insurance . . . . 4 7 lo
3 I
z,ojj rc 6l
48 If I„Balance:—(Productive Expenses) .... . . . . 4.531 4 9
64 o oQ(D)strfbutfve) ..... . .. . . . . . . . .2z.071 7 7
174 10 6
—26,6oz
6&5 10
Io 616 I
8553 4 8
21,2S5 io
1,603 0 0
841 0 0
joo 0 0I I 0
,cidj I, 0
5025 0 07 II
2 14 0721 14 Ii59z " 8)3i 15 4
j, ldj I' 4)
fjn418 2 6)$31,418 2 6j
INVKSTMKNTS ACCOUNT.
sHangs.
Co-operative V hoiesale Society, Ltd„. . .l lebden Bridge FustianCo-operative PrintingPaisley Manufacturing Society, Ltd, . .. . , ...'.
W. Thompson & Sons, Ltd. .............Co-operative Newspaper Society, Ltd. . . .., .'
Airedale Co-operative Worsted Society, Ltd.
Alcester Needlemal'ers' Society, Ltd. .. . , . .„.Sheffield Cutlery Society, Ltd. ...... .... ....Leek Sifk Twist Society, Ltd. .. .. . . . , ..Coventry Co-operative Watch Society, Ltd. ..gfacdmfield SSk Tivist Society, Ltd. ,
Lincoln Hide, Skin & Fat Company, Ltd. . . ..Ruston, Proctor & Co., Ltd. , Ordinary .. . . .Clayton 8& Shuttleurorth, Ltd. .. .,
Ruston, Proctor & Co..Ltd. , Preference
Lincoln Corporation Redeemable Stock. .... .Rustoo, Proctor & Co, I.td. , Debentures. . . .Robey & Co..Ltd. , Debentures ...London City & Md)and Bank Shares
Midland Farmers' Co-operative Association. .:
Iio, ljo
402c50
100100
11Io10100
128667
8o170
2,8001,23j1,0202, I 16
2
s d f s d0 00 00 00 00 00 00 0
r60 00 00 o,0 00 00 0,0 00 00 00 00 0{0 0{
10 Oi
18730 6 7
BclaoceIscx Balf-year 2 Idiiiooc Iufcrcci.
s dI 267 14 &I
I 0 00 18 9I 5 0
8xo oIo 0 0
52 0 051 0 055 4 o
544 18 9
Dividends onPurchases
s d1,259 l9 4
611 02 2 0I 12. 7
{x 270 4 Ix
Total .
II 1,697
47zg52
1001020IIIo121050
Izg667
85178
2,905x,2871,0712,17
dI i 1011 00 9
170 00 00 0
160 06 Gi
0 00 00 00 00 0
10 00 000 0
010 0
20 545 Io 3
BclcsccChi ~ Hc if-year.
d $ s dI, zj 13 10
7 il 03 0 9
17 7
8xo o105 0 ol
52 0 051 0 055 4 0
f0, 1704025
100Io20II10101050
mg667
85170
2,8ooI, 351,0202, 116
287 9 Io I 527 13 10 18,730
s d.e 00 0O 00 00 00 00 0
r6n 00 00 00 00 00 00 00 O
0 C
0 I00
10 (
6
Withdraws.i
Transferred.
Leek Sfik Twist Society, Ltd. ......„...,
Co-openitive Wholesale Society, Ltd.Special Loan
25 n 010,000 0 0 10,000 O
10 Coz O
I 2 50 175 0 0o, x66 8 Io
z5 2 6 620, 173 0 0 10&000 0 0Io 166 8 Io
175 0 025 0
10,000 010,000 0
10,025 0 0, 342 11 4 30 367 11 4 I 10167 175 0 &I 20.02 0
I.AND AND HUII, DINGS IICCOUNT
" 'I; t. .:3, , „,',.—,:;., ]Pfvvtaua Coik
s d g, s
Xtaaa Sate:
s d
Caret Gast
s d
' Xxaeaaara4h888. ,j
I-"-".
, an&ural.Saltier', 3 ~.'Naifanwx vataa
I26.097 0 323,222 x6 6
53 '8171,804
25 0 0
25 0 0
I26&o97 0 j23,247 16 6
»83 8
I 3, 10
388309 12 65839o 4
*886 I 8
36895 I t 0 I.356 I 0512 Io 6 261 I& 0
87,787 7 9t7857 xs 0
3 3 8 3
44,79 12 8 1,761 o o 46,5 6 12 8 12,362 14,
FIXED AND ROLLING STOCK AND HORSES ACCOUNT.
AdditionsPrdvioua . this
Hali-year.sd 5 '68 11 4249
DepreciationpreviouslyTotal
allovied.s d A' s d
48186 12 2 31 217 3 3
Allou. ed . ' 'Sate of, 337tttten off
F"m Fma Stoch 'P 08t tt 5 2'
yearFees, kc. 2nd Horses A cm nt
MPteciation.
s d g -2 d 6 2 d fr s d g s d
841 0 0 93 3 7 1,005 1 j 0 60 0 0 33 217 I 10
BalanceNominal
Value.a
14,9651 0
MILLING PLANT ACCOUNT.
previousCost,
8 rl
198768 10 I
Additionsthis
Hstf-years d
4 588 2 11
Lass Sale ofOld Plant.
s d
Depreciation,previously
2 6 g . s8 I 1335 13 14, jud 17 0
Allowedthis
Half-year, ','s d
500 0 0
Total,Deprsciaticm. .
: ~ d153066 17 0
33slancaNennmd
' Value.'
~ d9,289 x6 o
5 ERS - ZROZmrx, ACCOUNT
.3', 'JVSy 1st,';15&14
,"=,"'7&C&fth'~:thrfs Half&year
s '6 . g ., «: V,IJ83'10063023Lo:-"3P ..'
8,973 16' 346 3 6 . ' 5)
2155 9 7.rr, 175 ep
I
Cis; „
tftoSociety Jsa 6th 1915
s d516rr 15 10
tojS05 12".9
ASSI 477
-'-. -.",—:,::-,-,.-:-;-&~A'8:-::;!-;~M:;-;j@COUNT82
53
,.:;~303f&
:u-, .6".".'-,'g::::0:-:,i' %~5July. x&t 19%4, '*'';.-;;;"'; ";.'...,'... ;.„,;-
': . . '2398tfsj xp
4%70197737 13
,„53alajmi =.Jhii76jfu;, J
„,.4&CcoUII'I'.
.'. . .:Jpdiyi&'itpf$4!;". ;;.' " a&f ""-" ' ' I4,1863x6,"5"i
TRADE ACCOUNT.
DR.To Stock in hami, July rsi, 1914
„Goods aud Carriage,. Productive Wages . . . . . . .. . . ..
ExpensesDistributive
Balance to Profit and Loge Account
s d &is d
72,269 6
I:5 547 158,671 7 I
4, 531 4 9'i,ay i
CR.By Goads sold .. ... Dividends on Purchases
„Stool& m hand, Jau. &iih, 1915
s d2 I 1,004 I I 3j
1,263 10 3, o, &8o 17 6
$282, 848 19 o}
PROFIT AND LOSS ACCOUNT.
DR.To Non-Members' Dividend .„Subscriptions., . Club Bonus
Sale of Horses &Balance uzdtten ogi. . .Festivals.
„ Interim Dividend ut Its m the f. . .. .
Balance
s62 x876 o
103 'I 3Ao 0
I 77.168 IS
d 5 2 d
I7806
.472 is 012,825 17 Sl
CR.By Balance from last Half-year, . .... ...... , ...
Over-estimated Dividend last Half-veerlntermt
Balance frora Trade Account
s d199 9 8289 x&
51 9 254o 17
19,& 57 IS 3}
fzo, SS 15 Sl
To THE MEMBERS OF THE Lisco&.N EcfvlTABLE CO-OPERATIVE JNDCSTRIAL SocxETV, L'ID.
LADIES AND GENTLEMEN,
I, the undersigned, have examined the Books aud Accounts of your Society for
February 4th, 1916. gf/
fzo, zo& x5 Sl
AUDITORS'
the Half-year ended ]an, 6Thl TRt@
DEPARTMENTAL
DEPARTMENTS.Btoots sud Qoode
, Aucooulx owing)
Purchoewl
Jul�
. xi&, is i&. sud CorriosoTrsu ofexv.
Produotive Expenses. Noi Prost. Rate por 2 Totals.
WarehouseCentral Gracery
Drapery aud Miliinery. . .. . .Boots and ShoesButchery and BranchesCoalsTailoring. .... ., ... .., .....i
Outfitting and Ready-Mades,j
Furnishing. . ........, . .. ,
BuildingMill and Bakery . . . . , . .... . , , , . .. .Hykeham Farm .. .. .. . ....... , . ..hlanor FaunBranston FarmBracebridge BranchBurton Rasd Branch ..........Shakespeare Street BranchRipon Street Isranch .. . ... ...... . ,
Welbourn BranchMetheringham BmnchCanndck Road BranchSsxilby Branch. .Baggeholme Road BranchGresham Street Branch. ....... ....Banlney Branch .............. , ...Horncastle Branch. ...............Sleeford Branch ................High Street BrauchMarket Rasen BranchBasmngbam BranchRecphaxn BranchWinn Street BranchHackthcgn Branch. ..............Newport Branch. .................Moaks Read Branch ....„..., ....Tealby Street and High StreetBranch
2 d10 I
s5,758 I I
695 I9.&15 2
,2 9 162 305 19
4&1 101,005 123 4743,S61 14
Il
4 I0 2
x6 S16 ir6 o0 0
16 Ii9.I 624,881
897x,69z3 97&1
Szx849247703938
1,4413927o&89r735
1,0291.9321,1304 6431,017
567353558139264318
I 234
6,50530,7 I
235587
34
98 0I 4
70 7
14 68 o3 00
II2 09 0
19 018 0
r 6I 03 2
13 016
3 Ixr6 0Il O
17 09 0
II 06
x5 6
11 012
13 19 I IIo 0 47 12 58 17
d6 6I.SSI05, 12,8344 7.5326 I x5.6435 . 5887
II 1 8196I 4z4zI 4,486
1.7749,"25
II
'534
727
5015
4,61o
4.5&17
5, 3916,3796,x406,76z9 831
3.6263,8904,282
8943,0432o434
s d17 11
7 3r3 614 316 xi10 0II 419 Ii6 xt0 I
814 6
7 44 582 5
1212 9xs4 10
12 98
15 012 7r6 Sxy -82 II3 7
10 I I13 I89 4
II 76 r6
19 10
s d
299 14 9384 0 2300 0 0
!5.159
24o516792577221546
8&o36344947548S726844913
r, so6'4584034x8436
82297268
784 12 S
3442 Iz 21919 Ix 8
r90 xx ro203 6 7
IZ15 50
13 1016 4
817 412. 98 9
14 017 710 II
r 82 I
17 70 3
r6 8,ro 9j17 7,0 05 0
i3 33 I
rS 63 03 7'
5zz ix 8
100 0 Io74 7 7
15 0 0
57 499 0 0
131 I 1039 6 438 0 015 0 015 0 0
526 Iz 0
!s d
856 2 IJr,o66 rz1815 13 2
Soor,849 o. o1,118 13 8
403 S 8712 Iz 11912 8 6
I,o I1,251
6&35808751446io441
I 054z.238
11029
51&'651599276556yoS737362402483427598438633924r6238945552210636r256
s d
6 Ii19 6.19 1019 1015 11
86 88
I I ll
6'3
II 5r6 o1013 67 5
12 1112 Ij15 7
I0 4}5 9I Io
00000000
a0000u00000
410&0IO}j 0
14 roi' o13 4}, uo 6} o8 8 j o
IS I 5' 08 o, o
Il 4} 0o
s d
I 32 3}0 72 8r 8
IiI 9
xI 9}2 I
9}j
I 9I 6
9}4}
r 6)I 6}I 5
&I 9}I 9}r rr
0}0
I 9
s 84
7 9
x6 ojI Ij6 xx
19 9I
616 4
74 273xz,oos2.-,71814 59122, 2758 3443,7659,067
IO, 20420,68447.563 z 4}
10742 9 72,86& xoSB65 xr9,128 137.534 17 xi}
r6,949 8 rx8,769 17 Il
Io,765 4 x}46or 8&5,219 8 6}6358 5 5}7„042 17 5'+7&0 3 9
2EiiRoi xx 8j
17,0'fg, yyx;
5,289m&IS
5.001 145,133 I 6f,soo 7 6}I 223 7 113,969 II &j3,276 r9 8}6,9o3 8
74525 7 2 155 54v 15 2 120,520 19 6 8,67 I 7 I 26,602 12 4 il9,897 3 I&}
l 3 I
& ~ &i&
411,76 5 2}
1}IOTOR BARGE ACCOUNT.
s d &f s d
To Balance July. xst, 19r4 ................. I 149 13
Wages etc 132 12 5
„Oil 36 8 8
Navigation Charges aod Repairs .. .......... r51 12 rx320 14 0
dL470 7 5
By Receipts. ...............„Balance Jan. 6th, rpr5.
s d362 11 0
x,ray x6
E1,470
»Vg~
CAPITAL ACCOUNT.
Insumace Putt& ~ ~
Fnnd ......".- ~ ~ ~ ~ ~ ~" ~ ~
„Workmen'I cÃmfrensaticm sndlmlemnity Fuadv .............. ..
Torse ESSnaVSS. ,
~ d '. g s d.
*43 191 13 4,50,25. 0 0
41,894 19 .842.991 9 931 537 12 7}'
xs,&4 8 ro'365,9 5
1,204 10 Ij319 9} '9
&,696 o2652 4 5
93. 5
ur .'6
14,719 6 81,331 I 3
24 0 0
2 550 3 I'18,624 II 0x2,825 17 S}r
„Eenxa ecting .;;.;................. 310css.Ifeep'
IStock;. ...;.......... Income Tsn'to hereclsiieed ......
„Inshdment of Edacstionsl Great. . .
„Cash h TBsaks
t44.621 0 471 18
125 9 to56 16
809 If390 0 090 0 01015 0
24,2836*
4.386 m65u
6V39 3 9
. Ca;: '. . . ':,' . ' 'ASSETS.:-:, '' " ".;. 'g '; s '. .d, tf' " i'.dx
By gtOck la hixtd;. .5 ..»;.;.;;.,»'. '.",' 15 '70580 tyx''. .,6MCnaher'i, gu, ;;.ACSOuntuetr}nrg";. ,..'....5 rhs5$ t$ "in
95.555 '5 ~
Bog&fags. r'', .—.':,:,' „,'..'., xs7, 362 14 9
.. Phred Stock ..........'. .... ..;.'. .'. .'. X4.969 xo 4c
„MffbngHaat ........................ 9,'289 r& 0»
„Mill Alteiatiuns .................... &,coo 0 o 7
Motel' Bergs. .., ..., ..., .. ., . .. 1,207 16 5 I59 V 9 6
., Ieviatxeaats I—'shares stui Lean's ...... 38,7556 7
Aecunnt ...........„..... ...... t05,8&c 13 9
I5
5
!
W. P. ARMSTRONG, Pnjiic»fncfifer.
«leek la trine,7in. Cut mtx.
Totals
.8 8SC4 x'2 8
2, d5621 8' 5
626 16 o8,$92 12 6
2 d74273 2 4tsrloe25718 7 51$5 ts 7
4*
$4 I9.18 4$1, 197012 8 '
arf 8'$s 'CS 0';
recur
":Cl»ttld:'~:,.;: 5",,v'.:.....-..........'. .I:;,,'ith~7$/-' 'ja 5}6:$2
":,+:.'48
5»
14691 16 0jSS'f275 t Ij
8,344 6 Irj37'6$. 19 9$9',067 I
16;204 4 &. 16
:lr 786, txojfg/6, I t9r, t37!5$4s9964 I6.949 8
8
'-; --C$$214' 5SI"16 o
29 6 0227 xf 0250 18 08:9
I';"-5;"5l Xjfg "3 CS
Ity. 'ty15} 9, 0
2 xrx,t6t 6 rx
8 .It1,406 0 lo3I241 15 Il'3 135 m 9'
to, X 32:9»$40. 9 "$;:
-519;,t '
'-$9703 !9
715994 57 8
I;SSI 19 0.. ,4S$ ... $...0'
' "724 ir'6'
' =,,'Sd '5'„.~!+.$h:,'85:, ::at
„~89,~i:rdrt. ',33
II}5}
II11to
'877 tx' 6762 tt 055 12 0
18 10 9;.:.OI 4
REPORT.
«ml herefxft certify the foregoing statement to be correct,
;; TRAQS':--:-:"ACCOUNT.
; '.:; '- '. 5.' ». ,trrfrea«TXSSNT« . ':~me™',';Ttuuds}axr'!. ,"1872XCCSIjiei,
. 9;, . " 6, -.i',tfr;"9:r 94 ie O
Tealhy Street Snd Sigh gttule-Btaurh .'."........;.,„.'.;,Sgiay ty'
Sv
.;-'.:".'gr, :»9; ."15.
"Cd» 6
SS 2 0F&$f crx" a19253 9 0
"5'iji~ 'Xt'"-:,
:573tt3 S3'„5 j 6
2,nd
6,903 8
Sro,otfT'$37 (I tgg, jscf 16 '8 .- 3,stf I . NI
PROPOSED DISPOSAL OF PROFIT.X,gft' xo 5 "70,580 17' 6 441. 5
To Dividend oa $508,000 at I/ro in the g„Educstionel Gtsnt„Workmen's insurance Pand
~ Mill Alteratioas„Reserve Fund
s d9,900 0 0
243 7 3250 0 0
I 000 O O6oo o o
s d Ca.By Amount from Pro&t and Loss Account. .
s d125825 11 8}
11,993 7 3832 50 5}
612,825 51 8,f52825 I,
BUILDINO DFPARTMKNT TRADE ACCOUNT.
DR.To Stock and Worl' in hand, December 31st, xgxj ..
DebtsPurchases and Carrie e.TransfersProductxve WageF.xpenses. .Front.
s.8,681 xr
385 10I 1,96
42 46,83s x41,095 81,054 I I
d.009
III70
CR.By Sales.
Debts.Transfers.Dividends . .Stock in hand, Dec. 31st, 1914Work in hand
s. d.1,7280
2502,394
I
2380 I 2
7.752 3
s. dx6 o18 014 1014
13
HYKKHAM FARM.
T t.Stocl in huuil. December 31st, 19i3.Good. and PI s purchasedTransfers Irom other departruents. . .Rent oi lrxeld, hlanor I'arm
WageExpenses . .
s. d.660 4 9178599 13 6
Io Io 0367 8 7186 14 3
By Sales. .Transfers to other departments. . . ....Stock in hand, December jrst, r914. . .Balance Loss. .
is. d16 7 2
»735 19 5555 5 9110 2 6
$2,411 14 1072,411 14 10
MANOR FARM.
To Stock in baud, December 31st, 1913.. .Goods and Cattle purchased.Transfers from other departments. . . . .Rents.Wages. .Expenses.
s. d.1,406 18 S
725 5 I
354 I 9184 0 0365 8 I277 I 9
By Sales .Transfers to other departmentsRent of Field Hykeham Farm
Stock in hand, December jrst, x914. .Balance Loss. .
s, d.637 14 9941 91910 0
x,684 19 r
29 3 2
53,312 16 2
BRANSTON FARM.
To Steel- in hand, December 31st, 1913Goods and Cattle purchased
„Transf rs from other departments ...,. Wages .. .......................
Interest and Depreciation ..Expenses .
,. -33alance ProEit
3,6o7x6
46o861755rgr510
s. d.15 IXo I0 10
12 104 64 7
rx
By Sales.Transfers to other departmentsStock in hand December 31st Igxe
s. d2, 176 19
712 0 93 703 19
56.592 xg$6.596 19 44
EDUCATIGNhL .MMMi'LTD
EDUCILTI01gdbL DJffPLS~.
,'J
' B:j' Mr. T. Mather, ' Secret 'ry '. ; . , y' 'ybfs, W; Lovxibti, , I, ~
'r '. " ' P" - roMr-.C ' Txcatufftr ~' ~
'**' '; ~ ' ~ '
vrrsgcyv~~'~mr ' .. 6 cMr. C. Dawhins .. .., ..I.. .r . 7 -; uMr, T. Trslor4. O.M,S.S, , .. 0
The 4gurm after the names ia4icabe tho. somber of Idectiags atbmdcd, saves having been heM.
~Retiring bfembexs, csgh ehgibfs fds Nouunstion.'
.
DEPARTSIENTAL CfSMMIXTEES.
Entertsinmcnt I Mrs. ftuarm, Messrs. Dawhins fx Hilman f Lilxrssy: Memra Recta Lovstt 4 Roberts; FursfshhB: Memrs.
Gylee, Trsfford & Worth. Three Sub-Committee Meetings have been hel4.
i' fb
'„-;.'~.„'JydrxSJxhx(ce', for'ovary ........ . .... .Sade of blows
:' Cards. Catalogues and Fines .. ..
Sale of Papers. ............. ..., Junior Choir.. Adilt Choir .. .
s d s ds6m 690 0 0
IS 9
I IX09
EXPENDITURE.
„Ctmft to C„Secretary'„Trbmmrex'
;,;..'Cash', iu 8
Oritect Choir .. ........ . .....s Gratuity fot mx months .....s u
~ Postage: snd Iosurance Stmnps's Postngi's 'Pcs eaud's" .Tieiauier. ..',..........
By iujrrnxbaxxi Mary .";.Libtnrtdn's Audstant
.. Newspapem snd btaxasinesthrs News an4rM&gssnles "~
„Nsw, ks. ....;............I .I I......
,. l4mac Libyan„Gymfursurc Cfsmm„Gmnht to'Wimeu's Guilds
,. Delegates' ExpensesCtsmfng Account
„Printing and Stationery .............. ..„Hei+coper ............... ..........,„Fnsmsbiag Accouat
., Edacatfonal Association Subscription. . . .
~ 4 i I d.9 I53 0 0
Ix Il 0I I IS 5III8 o85 8 346 Is0 I5 II
yiII 9 0
6 86 o
Io9 6
5 I80xo 65 I 73 I5 0I 0 00ro 0019 00o r o
s6 5 8)
xr
fxyr. rrm
rf udifrd cud fcucd ccrirci, ,lgtfxy RD. WM. DAY, 4 W. SPALDING„ Ituditsrx
The Quarterly Beetlag will be hel4 ia ths Branch psomtaaa, IfgBLBODBN, on Saturday, Pebxuaxy 6th, at $-46 p.m. Rcprrxrcrxrrvc,Mr. Vr'. HLWSub.
Wxxnovna Bnxaca Coamnnx. —Mr. D. p, Ablewhite, Waddington, Chairman; Mr. J. Gmy, Lcsdenhsm, Secretary; Mr. J Thornton snd Mr. J.
Platters. Boothby; Mr. D. Caldcr, WeUiagorc; bfr. W. Knights, Mr. R. Dews, Wcfbourn; Mr. E. Bunning, Lesdenbsm; Mr. R. Aliis, Fulbeck
Mr. J. Hentcu Mr. T. Chambers, snd A. Codd, Caytborpe; Mr. E. Codd, ,Hoaington.
%gggiffg, rffffE ha rlml4 ln the aaaflsxE Boom„SIBTHSfBIBgbBSSS, oa Friday, Pobrunry 6th, at 'I 9 m
")::B.'.-;,Bjffff.' '""' .~f, ftt'sx
' G:;~„Mcthcsighhnm, Secretary f Mr. F. Robiusxm.
,- ~rghbfav. .~"F..TV.';'' ' ' ".XBEd '&..~Mcgthmnfgbma:;'jljsd-ILrTiyhrsiShmhhsxy; bdr. rfuA, Wfbmxu
' =-8'-'-"~'C;.~.'.:Jijxhbjr: Gism.'„;..Masmk:. L':" '" -'. ",:usil'I'gjx~ SEghy. '„' .Meum; 'J. . Archer'and rH:.:Cidtss, Stumrhm
The Quarterly Beslag «il be hsl4 oa ths Branch Premises, SAXILST, oa Sstuidsy, Psjsrrrusuxrry'SIN, . 'it Bdbfb.p.Bu, 'Rcpcmrfmtatdvc;. Mc,P.' STEPHEfsSOig;-;;;;. ..I ':, :;.$,f",;;.
SSXILnV Bnsava Cxnxunrrn. —Mr. G. MarShall, Cburtu Laae, SaXilby, Chairman; Mr. C. W. OXby, Weet Bink. SSXitbjr, S~r -SdmRSXl","'!!'-'.;.";,,:',I,"--,jg.-
Binghaxa. Mill Lane, Ssxilby; Mr. F. Dove, Manure Works, Saxilby; Mr. C. Kew, Kesteven Crossing, Saxilhy; Mr. J. Whcatfcy, Thc Orchard,
Ssxdby; Mr. J. Revil„Sykcs Lane, Saxilby: Mr. J. W. Valley, bUU Lane, Saxilby; Mr. W. Sbelbosrae, Manure Works, Ssxilby; Mr. H. Cavil.
Chapel Yard, Ssxilby; Mr. J. Graves, High Street, Ssxiiby.
The Qasrterly Meeting will be held la ths Society's practices, EARDSET, on Sstardsy, pabsuary 6th, at 7 p.m. Representative, Mr. C. OSTICK.
Bxsnuxv Buxuca Coaamrsx, —Mr G. H. Barton, Bcrdncy, Chairman; Mr. W. W Mcsnwcl, Bsrdney, Secretary; Mr. G. MBs, Mr G, Maddison,
Mr. J. Mcddixon, bfr. J, Todd, Mr. F. Psdlev, Mr. C, Puttergill, Mr. J. Lintic, Mr. J. Brcwstcr. Bsrduey; Mr. J T, Brock, Minting
Mr. Firth. Minting; Mr. Kemp, Stainfiekk
r
Ths Qasrlerly Beelag wll be hsl4 la the commfttoo Boom, looiaty's Psomfsos, BOBMGSSTLB, cs Sstardsy, Psbx uary 8th, I: 7-80 p.m.
Rrrprcscntstive, Igr; G. XVARD.
Houxcrhunx Bxsxca Coamnsx. —Mr. S. Hawling, Ip Queen Street. Horncsstlc, Chairman; Mr. W. Brsdcr, I Csgthorpe, Hcrnccstlc, Secretary; bfr.
Mr. H. Psrkin, Foundry Street, Horncastle, Mr. J R. Whitworth, 9 Frances Lane, Horncsstlc; Mr. J. W. Cooper, I Grundy'I Court, Horncsstie; .': h'!,,'„'!-'-,'„-:
Mr. H. Cooper, Foundrv Street. Horncsstle; Mr. W. P. Curlvy, Cemetery Lodge, Horncsstle; Mr. W. Robiasoa, Sturton; Mr. R. Burton, West,
Asbby; Mr. H. H. MsrsbsU, Msrcbemon-the-HUf; Mr. C. W. Larder, North Street, Hcrncaxtfc; Mr. C. Reed. St. btsry'I Square, Horncastic; Mr.
J. Monis, I 58 Foundry Street, Horncsxtlc.
.-" The Quarterly Beelng wll be heM la the Co-sperstive Stores, SLEApfbSD, sa Satur4sy, pabouavy 6th, st 7 p.m. Representative, htr. hgq COf;LSON
Scsxroun BuxucH Coaurrrss. —btr. J, Witthcu, Silver Street, Ruskincton, Chairmen; Mr. C. DuBn, 66 West Banks, Slcsford, Secretary; Mr. F.
Brixtow, Higbfield cottage, Lcaxin bsm, Mr. J, Jsrvis, 68 GaUcy Hill, bfr. E Marriott. eu Esstgste, Mr. T, Heath, I Bass's cottages, Mr. f.
Hsiicm, I Lord Street, Slcsford; Mr. F. Jackson, Jubilee Cottage, Dorrington. Mr. G. Lcwm. Rcxiricgtcu; Mn J. Srcith, Chapel Lane, Ixsxingbam.
The Quarterly Nesting will be hold in the Club room, "George' laa, MARKET RASEN, on Saturday, February 6th st 7 88 p.m. Rcprcxcnrxr»e,btr. I, fr hRLUh
Msxxxr Rxssxr Buxaca Couuxvrxx. —Mr. J.Vfrhitwcrth. Oxford Street, Market Rsxcn, Chsvmsu; hfr. F. P Hcpiric, 8 Wxxnlcc Sneer.
Rssen, Secretary; bfr. J. W. Rushby, Linwccd, nxar bfarket Rssen; Mr. T. Dean, Mrddle Rsser. ; btr. F. Icglcby, Vdcr«rico Street, Mr. F. Wslxhcm,
Lammas Lec Road, Mr. J. Penney, Waterloo Street. Mr. J. T Douse, Lcssbv Road, Market Raxen; Mr. A. W. Mumby. Osxcdbv; bfn H. H.
Hcrri k. N tery Street, Market Susen; Mn Stsniforth, WiUinghsm, near blsrkct Ramn; Mr. J. Blsuchsrd, Hsmrftcn, near btarket Eaten; 'lfr. F.
''",",k.„"'"'.;,,-; ' . Drory, Waterloo Street, Market Recce
IO
The Lincoln Co-operative Quarterly Record.NEW SERIES
All Commmiieaefoas to be addressed fo t?ee Edsloe, Geo. Harris, Liadam Hoase, , Sroaffosobee?e.
ALLIES STILL ADVANCE&fo.
Another Year of Splendid Progress.
Secretary's Report.
The ivar is responsible for many things, positive and negative,
among others the decision of the Board to forego the usual festival,
though the year has been one of progress and advancement all along
ihe line.
Niever i&efoie since the Annual ibleeting was inaugurated, has
iliere bein a break in the succession, but extraordinary events
bring about extraordinary results. As the years come and go «ach
report is better than the last, so again i 9r 4, from a business stand-
point, has been the most prosperous during the fifty-three years of
the Society's existence.
The total amount received for goods sold is $413,402 (53 weeks)
being an increase of &rz6,792 over the previous year. I &338
new members have;oined the Society since our last Festival, which,
after allowing far all removals through various causes, brings our
total membership to i4,g75 who owu Share Capital amounting to
e 243, i g i. These people have during the year contributed
Lzg, xzb, towards this huge sum, but they have withdrawn 657,476
and yei they have standing to their credit /xi, 553, more than they
had twelve months ago. The man in the street, the non-member
would say, how is it done? This is one of the secrets of 'co-opera-
tion, we become richer while we sleep, the more we spend the morc
we save.
It is gratifying to know that our Society is known throughout
the movement as one of the soundest from a finaucial standpoint,
and we owe a debt of gratitude to those who have made the founda-
tions so sure. This year we have depreciated our land and buildings,
.fixed stock, Ac., s 5,36x, and increased our Reserves until they stand
at gi8, 624, A64x more than a year aga. After allowing for all
other charges 632,500 has been given to the members as dividend,
The boys and girls, the future members, have increased their holding
in the Society through their savings in the Penny Bank by sex43,
their present claim now standing at +3i,537.
One of the objects of the movement is to secure control of the
means of production. We have grown, and produced for ourselves
goods to the value of about srxzo, ooo.
Again, thanks to those who have gone before, our Soci'ety has
the distingui hed honour of being foremost in taking co-operation
inta the country districts, and, af the total business done last year,
Xrx25&oao has been done in the Agricultural districts, and in return
more than 6 xo,5ao has been distributed among our members there.
We have purchased from our country members xi2, x85 lbs. of
butter and goo,ooo eggs, and have paid for these 6 xo&268.
Duringtheyear we have advanced to members in town and
country, to pur'chase thtfir own houses, sr x,6393 andthey have repaid
during that time jxx&795, leaving a balance against them of
gxo5, 865 out ofa total of srzo3, 6x4 advanced since March, x883.
The growth of the Society has rendered extensive alterations
necessary in regard to our mill apd bakery. The min& which some
years ago was equipped with the most up-to-date machinery for a
I'our sack plant, had. become totally inadequate by continuous
running to supply the reqxdsements of our members. Structural
alterations have beeneaeseae 'ytaaecommodate additional machmexy
to produce six sacks per hom';"w'hick is now running vxsiy satkx..
factorily. Another addition hexes Iteem a provender mill, xxnd the
electric drive adopted, thus ensxnilxxg eesxxxilmesa anil ~
Progress of the Society for the year Igf 4, and IO years ago
i9I4. I904. Increase.
xo&ox 9Sx33.273$239&xgx
$26,7g6
x/5o
$6,695
Members i4&975 4&356
Capital 5243&xgx L xog&9x8
Sales Xr4I3,402 6 i 94&2»
Profit $49&239 ~zz&443
Average Profit xs. SId.
Reserve Funds 6 x8,624 Qx I 92g
For King and Country,
England's call has met with a magnificent response from all
classes and conditions af the people: ' coolr's sans", and 'duke' s
sons, ' are comrades in anne fighting one common foe. Coming
nearer home, it is very gratifyin'g to find how splendidly our own
employees have heard and obeyed the calh Our gallant fellows,
impelled by the one sacred call of duty, hav'c Iiid down the pen,
have left the caunter, the stables, the mill, the buildings, and the
farm for the motherland.
They have enlisted under the fiag that stands for freedom and
liberty. As a Society we are immensely proud df them, we know
tbely will 'do their duty, atsd play their part wxdg' and thus' da. 'some-
thing to bring this terrible war to an erid. We bear of one or two
cases of our men being waunded, vee hope tliere' will be hin
worse than this, but that everyone mill, .in the near fnture, be backagain to take his pasition in the Saciety's' em'play where the leftoff. In the mearithxxe, the goofiwishea of aII-aur vxsfdevs. vflII Follow
them, with a prayer far their speedy retxxrn.
The bakery ovens have long been obsolete, and in their place a
travelling oven and automatic plant for bread making and baking
has been inaugurated of the very latest design which we are fully
confident will prove a valuable new asset to the Society.
But the objects of our Society are two-fold; it not only helps
the iuemhers financiall, giving them a balance at the bank, and
through that an independance they never dreamed of, bui it seeks the
Social and intellectual advancement of its members, aud, for this
end more than $4oo has been voted to the Educational Department,
who have in many ways —music, boolis, gymnastic exercises,
nursing, S.c., catered for all, and relieved considerably the monotony
snd drabness of many a life.
Another sphere of activity which de erves special mention is the
Sick Room Appliance Department. This, the memorial of the
Society's Jubilee, is an ever growing success, and is practicalfy self-
supporting. Indeed, no words of praise are too strong in' xe&fxsxence
to this work Its success may be measured fxaxn the fact that
while in the first year of its existence 777 article's we'reilisss&et8afpr
loan, the last report gave ax i 7 articles had gone foh as angels" of
mercy, smoothing many a pillow, and easing much suffering and pain.
Truly the year has been one of unqualified success. Who has
done it? Not one, not a few, brains and hands and hearts have
been at work in a worthy cause. From the highest official to the
youngest employee, each and all have contributed a part, each and
every Committee of either sex has had for its object the furtherance
of the Society, we can spare none, we need ev'ery help, all are allies
in a great cause, in a peaceful revolution which is doing much to
regenerate the workers of our land. But the members are the
steam, the powder and shot, they are the propelling power, and by
increased loyalty to principle, a fair wage, good conditions to our
work-people, always remembering that quality is the test of cheap-
ness, it is in our power to make this year the best yeax of a11. .
. j
ji-htaf'--
;Aj, 'I':,',"hljqCffLM GO.-'.(KSBAgfVS:., '.:QUA'RTggLY, 'SE'COND, . -, „,. . . ,11
'agffgafdj'oui' members generally' Icgre'awetl' . '' ':: ' "
Ofsjg I lg,ggg8cfab8, .!' ~O)jjggjrg
;puiii''"' What vacant chairs, 'and jaukiciu'll
Iaxf8S'tiVe, SeaSOn. , Mbtbere and" WI''IVea''jmd' NPtWIthatijtjdlrnf fbgg
' Irgegt:nPhjeaVai: "CACtehed ItbrO'ujb' 'the,'' 'Waar, ;
;their scgnsjaud husbands snd faiths'r'S 'at', the' ', the Balance Sheet th'e 'o'-'opejrgd'jive VAiofjjdide 'Socuetj for', tftk
„'' 'jsfIWSribave come'h'oine to us as irever befcgre, last quarter is most satisfactory.
~g "Cff;csAaitehirible one', but the libefties. w'e . jIn'ofj
umhaby'jiocld''we mu'st hold fast that which "|gsahe total sales for, the thiitecsc weelcs 'amouated to-'-'$8jrgsjc86
.'Idftg'hl;";, ,'If,' Wahep peaCe COCnee', mihtariam in 'Eubqpe m, being an inCreaSe Of f&98'439 On the Cqireapaqnding;. pericad' Of lait
ygo'tnfhd;. cglf the'tcatfons work for. the couimocc Iwe'cd,';
"jr,'mH"daw'u'in which our children aud future'geuetat' The;total supplies. fro'maour;, vsjddus pioductlve works. for the
, 4;Mloy':aa fnHer liberty than even this land has .cgs yet 'same period, smouccito, d'sjja8cj, s'y6jcfebrg an Inures'se, bf gs66,888
",,"fp eall bjgmhesj where anxisds ones are bravelyabearing'giant on tbe corresponding period:of last ayear-
', tdequshj sinpl'epics acid members alike, the society ss a whole, frocn
tbeaenweto the circumference, as. with one voice express. to 'you: The Banking Department'is "rspld1y rowmg' fiom quarter to
their. isdebtedsessfor the'patriotism and devotion your brave lads qusrterh, the'd'epo'sits"and wiihdrswals for t 'e thirteen weelcs being
are now showingl
$~,88s,88o Or Cj 6I8oolqqo, over' the same purged of 'last yearj It
is gratifying. to. 6nd all departments in a healthy condidon, and
:where dlight dec'reasiis w'ere shown, these being morc apixhrent than
rtjkl, .through dances that have arise'cl in consequence of the war. 8'.
Ever'y co'-opemtor will be proud of the position the C.W.S.has
qccup'ied: in the market jn.obtaining, Government contracts for
TW gsbt', gbjat. sll civilised. countries 'owe to Belgiumhleacmqf: CIOtldnlfl boots, ftcjj for ou'r men:, st the. . front, exceptionally lar e
'jgqustely:, ,'fbi*'Put, Pn. IPsPer, hence 'the hearts of the Pcjoylcjs cgforders
' iug Placed with: thdm; baviuglfull con&dence that any su
these cgqgsfttjifealbavelbeen soiely stricken st the .ter'rible "cjjjkunitdes, fatti thcjjt:wss doers to gst the work'thbough'in time would, be.only,
tbgquagh!, 'Wbiuh'. gfge, lbdgian PeOPle haVe, and are" nq~'' ajgjjg"ngaWifb"
' ',Of gqqd Stan'ding.
yffreNidfcWfjrd (gtgd waorss things still), have done their awcgtg''a
gI Never before lies the movement'feud such, sa oPPqrcunity, but
fn'jfkWSeulgeegftblsjcjs'audcjtafcese'pe'spica are looMng to other' }hndac
ft.iIjsgprogjed itself wei'tb' .imdatbcj', .Goderninent'In many ways hsv'e
,ff'Sjfjggf'C'u,' "S,',qfSI&COmtgue'W'gtb aQ',
; Parte Of Our Cquntr'yj '. Wgj lbg'CVSI: 'fmulg"the;fj, .Gkeata ' .%Vbq~" e,'nf, ",
,iinmeuee, bglqegjt ln -thfe, Critiegd
'rsccfgagthdsjda&kb+lfAfye'c'jmadct.";wak„'delighHu1:st, tbi kc'it,'~'ily. . l ~bfa dnr' history, ar'id thiis' we rejc'ace'in a' prestige gjje nevbi
gfpji Iicrglectfdeus'matwlhtjh tlie'members took''t'bejcjfjj cfp" 'lfanad::'
. ..
" ."-befgjr6, dbhst bas been e'gfrssd bygood work to meet the crisis
"~'Sjejf 'ears fghir' On'e Of 'thee'C Strfekaerja fugit jfhaea;, 'Ta:bj!:. tbrquffhjIWbiCb. .Wejirg'nOWI', paeaing,
gssl, eIAIII: 'AA
' lh' "" 'A' AA':AAA'jje
j,As'gj: Al':,"A'Ag: giA:.,'A' lI. ,g,A', hh; g, IA, ,al gj'
W@8$ija~',hjfgglldd fqr Out IPljeatie' ujfi'j$ -. ifi'Ctg, tf
r' '"i'alga!Ajaei:, 'lisI, 'l
jgsjasg '-'I:IjaA',:AAA'egIigA!asjvg'i:rgeA':A:, ''":.g«"AAA 'A:,-;-:.-'g'hi'eag" I' hh A'aajlggla,
'
, ;, ".,'.ll!AAhA' i' ' gahieghjehA'jjjjhgg'll'!:. :::lgIgsvtA'aeij hllhagA:-gfg"hv!A II, ~,IAAA'AA-a ':-Aa
":4gcuA' A@hAh: -:.-:,,:;,',-':;::.::,::;,;,."-',,:::::.",,':;,:::;:=;:;:,::.—,:-":::„--'!".,,':.:,:-jgggel
'~ejAgcjh::::';;-::.:::::.,::,::.i ':
alai''A Ihe''aaaeaali~jWI, SaASIL!glA!i!ii I' lijj"!Selllhl!agegha!Aa!!Aal:Aae,ga" ", . -. Ih- I,,'eA'el;
':~~a bagjcgjlp;Iabouruggdcr' ccg~ -!i",;„j-' 'jAchj-„,
".. ;,.:~Ifqr, ;-"the,'
Csnufaqrjt:":, 4':
THE LIIrO()Lbi' (,'0-OPEI(ATIUE QUAHTKBLY l4EOOIID.
Since last I wrote my report, several things have occurred,
several of our riioi ha. e jomed the Army, and others have left the
City, and ye, under tne;e circumstances, tho Choir was able to go
to Mansheid and npho. 'd our reputation as singers, by obtaining the
third prize in the Midland Co-operative Choral Association Contest,
only just missing the secoud position hy one point.
. The Choir have done no propaganda work cluing the quarter,
but one good tiiing !ias been done by them, and that is the splendid
Concert ~given by them m the Central Hall, in aid of the Belgian
Local Relief Fund. The Concert was presided over by the Mayor
(M A. Ashley, L'sq l. in the absence of Col. Ivatt, who ives called
away on military duty. The City Sheriff; J W. Kent, Esq. , and
Col. J. G. Williams supported the Mayor. The whole of the proceeds
vras handed over the fund, namely, r r3 9s. old
They will star! the New Year with Leoni's "Gate of Life,"which if possible, ivill be given about April.
aThe Juniors are still ploddingaway at Smyth Cooper's klagic
Key, which they are preparing to give in the near future. I hope
that we shall be alile to get the Ha!I for it, or some other place
suitable, so that the children may not be disappointed. The Com-
mittee have decided to grant two Scholarships for the Municipal
Technical Schooi, one for boys ivho are under the age of twelve on
the ist April, tqrzh and are able to do the sixth standard work, and
are members of any of the Co-operative Classes. The other one is
for boys of our Country members who are under the age of twelve
on the ist April, r9rfi, and able to do the sixth standard work. Theexarmnation will take place at the above School in June. Any boy
wishing to sit for the Scholarships, please to let me know by April
Ist, 1916. and I will furnish him with full particulars.
Yours Sincerely,
TOM M AT H ER, Secretary.
Prices and Freights —Hovv the People arebeing Robbed —Co-operation and Party
Politics.One of the most serious things we have to face at the present
time is the rise in the price of food and other necessaries of life.
Since August zst, flour has risen thirteen shillings a quarter, with aconsequent rise in the price of bread, of which we may not yet have
seen the end. Coal has advanced, and is still advancing. Frozen
meat has advanced one-third in price. Fish is almost prohibitive,
and eggs are now practically a luxury. The most serious, of course,
is the advance in the price of bread, because this hits hardest the
very poor, while noae can wholly escape.
Let us examine the causes which are operating to make bread
dear. And first, there are some causes which reflect no discredit on
anyone. For instance, the war has practically closed to us the
Russian wheat market. How important this is will be seen from
the fact that in ordinary times Russia sends us same stxteen or
seventeen million quarters of vrheat, which the closing of the
Dardenelles, through our being at war with Turkey, has hindered
from reaching us. There is some talk of transporting Russian wheat
trirz Roumania, Servia, and Greece: but even if that is possible, some
time must elapse before the necessary arrangements can be made.
The absence of Russian wheat is a competitive factor withdrawn
from the market, which is inducing American wheat growers and
factors to bold on for a rise, and this is no doubt somewhat affecting
prices. That, too, is a matter beyond our controL We cannot
'compel the Americans to sell their wheat, although their power of
holding it back is strickly limited by financial and ecooomic
considerations.
But their is another factor which is operating to make food
and other commodities dear, and that is high. shipping freights.
How enormously these have increased may be seen from the
following fact. Last oumtftor, before the war broke out, ~heat was
shipped fromtheArgentiuottt this country for rts. 3d por ton.
Since Christmas as mnch as fiqs. per ton has been paid. This
enormous rise in freights is in no wise due to war risk. for t eh
insurance rates wonld only account for an infinitesimal portion
ofthe rise. The explanation is quite simple. The British Navy
has swept German shipping off the seas. Now the German ship:-
were the most formidable competitors of English shipping
companies, and in the absence of that competition, the English
shipping companies have the field practically to themselves, and
hence can charge vrhat freights they please. Ir. point of fact, the
British Navy, which is paid for by all ratepayers alike, is enabling
the British shipping companies to wring extortionate profits out of
British consumers.
Now there are three steps the Government could take to brealr
down the extortion of the shipping rings. A number of vessels are
being used in which to intern prisoners of war. Other arrangenients
could be made for accommodating the prisoners, and the ships
returned to commercial uses. There are a large number of German
ships captureil or interned in British Ports. The Governnient
could itself use these ships for importing food, and thus lower the
freights to reasonable proportious. Also it could agree to the
purchase by the American Government of the German ships lying
in American waters. These various measures, particularly the-
second, would break down the monopoly, and prevent the success
of the British Navy from being turned against the British people
by rings of British shipowners.
Incidentally, this increase of shipping freights duo to the.
absence of the German merchantile fleet from the seas, shows that
the idea of permanently destroying German trade, not merely during
the war, but after the war, so much talked of by our yellow Press,
would, if it were possible, only redound to the capitalist interest.
The people at large would have to pay the piper in increased prices.
For thus are the principles of Free Trade vindicated. Finally, 1st
us say that there is no real reason either for the rise in the price of
bread or coal. The world requirements of grain are 66,zfio, ooo
quarters, and the world supplies are 74,9y6rooo quarters. It is
obvious, from such figures, that there is no real' shortage of corn.
So with coal. The export trade in house coal has. Ia'igely ceased.
If anything, therefore, house coal should be cheaper"and' not dearer.
It is true that many miners have enlisted. But there is no shortageof coal. The people are being robbed. That is the platii fact,
CO OPERATIVE NEWS
Co-operative Employment.A TRIBUTE.
With regard to the conditions of employment in the Co.oper.ative Societies, the following tribute has been paid by the Trade.
Union of Shop Assistants, which has now over too, ooo membere
including many in the Co-operative service:—
"It is as vrell that our members should clearly understand the
situation. Co-operative employees have much greater security of
employment than those employed in private trades. Their rates. ofpay and general conditions of employment are largely regulated bythose surrounding them engaged in the same calling, but under adifferent form of trading. Generally speaking, Co-operativeemployees in the distributive trades work less hours on the average.than those in private trade. The wages for these less hours arenearly the same, though occasionally a little above the average paid
by other forms of trading. Whenever by the organised efforts ofthose employed in private trade the conditions of employment areimproved, the conditions of Co-operative employees within thatarea automatically improve with them. A large number of em-
ployees who are Trade Unionists in the service of the Co-operative'Societies have far greater personal liberty accorded them to takepart in public life than those employed in priyate trading. TradeUnionist shareholders of Co-operative Societies have repeatedlyurged employees in their service to take an active part in the TradeUnion established for their calling. The 'employee's acflvlty 'in tbiedirection has actually been encouraged', and. inotrsad of,,as frequentlyhappens in private trade, the 'employer, being' antaganistic 'to' suchaction, it is geneially welconioil by. Co-operative Soelotteo
Dra ery and Millinery Department,
By the time our Balance Sheet is printed we shall
have held our HALF-YEARLY CLEARANCE SALE,
which we trust wiN, as usual, be effective in clearing all
'
Surplus last Season's Stocks so as to give us good Space
'for our new deliveries of Spring Goods; these were
bought early and consist of the Newest and Latest of the
early Spring Novelties.
We would earnestly ask you to call and inspect our
NEW STOCKS; they will be both well-'varied and
abundant, and for value unexcelled.
+~F+s SILVER STREET.The most up-to-date Dining Room in Lincoln.Can accommodate over rgo persons at one time.Nothing but English meat used.Our Cooking Plant by Steam is the best for
Cleanliness that can be bought.
DIYIDEND ON ALL SALES.FOR PRIYATE PARTIES.
The Room is at liberty after 7 o'clook st night for Dinners,Tens, Suppers and Concerts, at Moderate Prices.
The continued increase and success of this Department is because
we use the best quality aod sell at the lowest possible prices.
Open Mondays, Tuesdays. Rfsdnesdays, Thursdays, FridaysSa.m. to 7 pm.
Saturdays, 8 s.m to IO p.m.
Out5tting @Ready-Made Department.
Ytle are now completing our arrangements in this Department
for the—'
'SPRING @lid SUMMER TRADE
snd would specially caR our, Members' attention to the NEW
DESIGN'S in~BOYS &
YOUTHS &and INEN S SUITS—OREYS and BROWNS~
will be the strong feature this Season. As usual we sbaB be well"
up in Cyoling Knickers, Sports Jackets, Shower-proof
Coats, 'etc.Also in th&.
HOSIERY and FANCY GOODS
wesbsRhsvealargestock of FANCY SHIRTS iu Zephyrs,
Fsnoy Oxfords, Tennis snd Cricket. Felt Hats, sod the
Soft Lounge Ditto in all the different coiouriugs. Fancy Half-
Hose, Pants and Yeats in Balbriggan and Fine Natural Ygool.
Men's and Boys' Straw'Hats, etc., ;etc.
Tailoring Department.ORDER NOW FOR 1915
Our. LINGO SERGE SUIT 55/=Made with the Bartell Patent „Pocket, which
prevents all sagging or dragging of the pocket
and preserves the shape or the coat front. —
Spriag aad Summer Tweeds aad %orsteds
, Latest Colourings added )
SUITS to Measure frovvs 30,'- to 84/-
Ladies' Cpsturnes in Set ge ... from 50-Cheviots» 5O-Cashrnere» 52, 6Worsted» 55/-
~'~ilsIf.~—:,,v&sfhmeP&I,Y~ff&eiir&sfssg
Furnishing @ Hardware Department.
IVIIII.E SCHO()L LANE.
- Thur sday, Febr uar y 4th,To
. Satur day, Febrsuar y 20th.
i«
i
Ce'ntra Footwear Drp rtment.i: i. i i. ilrioi LANK
15 .DAYS'
GRI:AT BOOT SALEr so&r
Thursday, I:.b. l8, II: ~diuraay, %arch 6th.
During t ese ~ v«uis we iver ur Members with
SPEGlAL BARGAlNS.—-COME EARLY.
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This Form to be „Returned ',toSTER
Ot tilt'.
~Tv TiSTiC nL STYLI T~M~NT./ /4 „'/ ' /ll L f ITt I t t' tj ~
FOR THE YEAR 1914.
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THE LIN COL%
Equitable Co-operative Industrial Society,LIMITED.
Central Stores, Freeschool Lane and Silver Street.
from January 6th to April 7th. 191.5
TIIE I.IYCOLXHHIRE PREW LTD., 15. ST. BEICEDICT .QCEPA, LINCOLre
Bloc~ oR 7AH.
"SLQW BUT SURE" 'c UNION IS STRENGTH
LitICOIII EIIIIit~IIII: 4-Otl&I&tix Ittllmtri&1 Qrif, tIt, Ltfl,M BTMNE&XSSNEECXh XKS4W..
Registered under the Industrial and Provident Sooieties act, 1S9$.
jgCls Of FIRST.—It provides its Members and the General Public with Bread, Flour, Grocery, Provisions,
t |. Socket .h Soc '~
Drapery, Clothin &, Boots A Shoes, Butchers' Iiteat, Coals, Crockery, Hardware, Furniture, etc
SECOND.—lt seeks the Domestic, Social, and Intellectual advancement of its Members.
Annual Business, 8413,676. Number of Members, 15,281. Share Capital, 8243,191 13s. 4d.
Loan Capital, 484,886 9s. 5d. Reserve Fund, 814,719 6s. 8d.Bankers: —THE LONDON CITY & MIDLAND BANKING COMPANY, Itd. ; The CO-OPERATIYE YPHOLESALE SOCIETY, Ltd.
THE REPORT AND CASH ACCOUNT,from January 6th to April 7th, 1915.
lto. I~1
45o
~\
S9
1011
Central Stores and Ofllees —SILVER STREET and FREESCHOOL LANK, LINCOLN.
Branch —BRACEBRIDGE. No. 12 Branch —NORTH STREET, HORNCASTLE.
BURTON ROAD, LINCOLN. 13 „SOUTH STREET, SLEAFORD.
SHAKESPEARE STREET, LINCOLN. 14 „HIGH STREET, LINCOLN.
RIPON STREET, LINCOLN. 15 „UNION STREET, MARKET RASEN
WELBOURN. 16 „BASSINGHAM.METHERINGHAM. 17 „REEPHAM.CANiWICK ROAD, LINCOLN. 1S „WINN STREET, LINCOLN.
SAXILBY. 19 „HACKTHORN.BAGGEHOLME ROAD, LINCOLN. 29 „NEWPORT, LINCOLN.
GRESHAM STREET, LINCOLN. „21 „MONKS ROAD, LINCOLN.
BARDNEY. 22 „TEALBY STREET, LINCOLN.
EBUTCHRRV NBRANCHKS.No. 1, Rlpon Street; No. 2, Gresham Street; No, S, Burton Road; No. 4, High Street; No. 5, Baggeholme Road;
No. S, Boundary Street, Braeebrldge; No. Z, Monks Road; No. 8 Tealby Street.
COLONIAL MEAT SHOPS, SINCIL STREET and NEWPORT.
The QUARTERLY MEETING will be held in the Large Hall
On MONDAY EVENING, MAY 10th, 1915, at EIGHT o'clock.
Agenda of Bttsiness:
r.—Minutes of last Meeting, .s.—Admission, of Ness Members.
3.—Report and Cash Account
4.—Report of"Members'. .Representative to C.WV.S. QuarterlyMeeting. ", -"., ",
5.—hi idiand Convalescent Fussh'—
6.—Subscription to Ãotthtghala Iasufutu f'or tha'%1nd.
y.—Subscription to Aiexandra'Kloapttal, Vgnodhau Spa.'
S.—Subscription to Y.M C.A. (Ltaenft't$. „.'„." ' .;. — .&Pi/
9, Subscription to Devonshire fiospital„-'~:;-;
to.—Appeal on behalf of Belgian aud French Co-operativeSocieti'es.
rr.—Appeal for funds to erect Cross in Lincolnshire'sBravest Vi!lage.
ra —Election of six members of the Educational Committee,
and One Representative to the C.W.S. Quarterly
Meeting iu Manchester, june z9tb.
z3.—Declaration of Nominations for President, Treasurer,Secretary, Three Committee-men, Tvvo Auditors, and
One Representative to the CAV. S. Quarterly Meetingin Manchester, in September next.
r4.—Any other Business,
Lincoln .Equitable Co-operative Industrial Society, Limited.
z727
sy
COMMITTEE OF MANAGEMENT.
elf . C. OSTICK President (ill) .. sc 'afr. W. HEWSON (ill) .. .. x9 Mr. H. BELL
COULSON Treasures (ill) xl 'Mr. G. HARLEY .. .. zy Mr. G. WARD
~Mr GEORGE HARRIS, Sccretay .. sc afr. W. H. GOLDSTEIN (iE) .. s6 M:. H. H. RUDD
hk. W. B. HOWARD . .. s7 I Mr. G. BACON (ill)
Aoorrons eafr. W. P. ARMSTRONG, hfr. T. E CURTIS, kir. R. DAY, and Mr. W. SPALDINGs
Cssmaa —Mr. FRED. STEPHENSON. Assxsxaux Cssuxaa —Mr. C. MACKINDER.
~Rctfrbxg Members each eligible for nominatioa. s7 Committee Meetings have been held.
Election of Src Members for tl e Educational Committee Candidates nominated: Mr. Tom Burt, aMr. Charles Duxrkins. Mra Mary Ann Dring, Mr.
.vfgnaMaryAnugearn4 eMr. Tyilliam Roberts, 'Mr. William T, M. ra(ford, eMr. Charles Treavett. Members mast not vote for more
tx(T',,:„:!;,.',"-:, l Bfccfhm: ne Rapn)mutxxdivc. tu..'C W S. Quarterly Meeting, at hfanchcster, June rpth. xpx S Candidates nonuoated r Mr. Joseph Edward Ellis,
:%7+." i;:llf(a'R(chajd ~;)Xfr. Charles ~i: Members must vote for one only.
V'otes must 'be gfvvn t)y making+. K opposite to the names of the Candfdatcu selected for snpport.
Esca hlember must show his or her Pass Card to obtain a voting paper from the person who gives them oot.
The boers of voting are from I p.m. to 8 p.m. ou Saturday, May 8th, xpxb at the followiag Branches: —Winn Street. Grusbam Street, Newport,
Ssb.Centra), Lqgb Street. and Bracebridge, and at the Central Ofbce, from x a.m, to 9 p.m. on Monday, May xoth, xpxf.
DEPARTMENTAL COMI)IITTEES
Boor snn Suoa .. Xfessrs. COULSON, HEWSON and H. BELL
Fnmusunra .. Messm. HARLEY, BACON and H. H, RUDD
Gaocaav .. Messrs. HARRIS, HOWARD, GOLDSTEIN and WARD
Dasrssv .. .. Messrs. HARLEY. BACON and H. H. RUDD
Tmx, oaxno .. .. a(seers. H. BELL, HEWSON and OSTICK
Bnrcuuav .. Xfexsrs. WARD, BACON, HARRIS and H. H. RUDD
Cones .. .. .. Mcmrs. HOWARD, BACON and WARD
Bnxxxsxuus Messrs. HEWSON, GOLDSTEIN. HARLEY and IL BELL
Fxuaucn .. .. Messrs. COULSON, HOWARD and HARRIS
Roxxxuu. Lxva Srocu suu Faau .. Messrs. OSTICK, HOWARD
WARD and H. H. RUDD
Fxocn Mace Memrs. HARLEY, OSTICK, GOLDSTEIN, and H. BELL
STAPf DING ORDERS.x. That no-Member be allowed to speak more than once on any motion at the Quarterly, or any other General Meeting of the Members convened for
the purpose of transacting the buuness of the Society, escept the movers of motions and amendments, who shall each be at)owed a reply; and no Mern( er
shall speak after sech reply.That no Membcss, except movers and seconders of Resolutions, be allowed to speak more than fivc minutes on any Rcsolntiou.
That s)i qncstiom relating to the Balance Sheet, which are sent to the Secretary before the General Meeting, have the preference.
4. Whenever amendments are made upon original propositions, no second amendment shall be taken into consideraticn untB the erst amendment bss
been disposed of. (a) If a grat amendment be carried it shall displace the original question and become itself thc questioa: wherenpoa any furthe. amcbxdmerit
may bc moved. (a) If the grat amendment be negatived, then a second may be moved to the original qnestioa under consideratioa; bntcaly one amindment
sbs(X be sabmitted to the Meeting fcr discussion at one time. (c) The mover of every resolution and of every amendment shall have a sight of xe'ply;
y after which the question shall be pnt from the chair; bnt no other Member shall be allowed to speak morc than once on the uuae question, unless
permission be given to eap)sin, or the attention of the chair be called to a point of order.
A motion ance carried shall not be rescinded at any Meeting without due notice having been given.
6. When aay motioa or amendment has been made and seconded, it is open to any Member to pmpose the "previous qncstmu fe im, that the motioa
tease the Meeting be not pat. The mover and seconder of "the previous question" cannot afterwards speak on the motioi befcia tbc Meeting.
7. When tbe President rima to spealr. , Members shall immediately take their seata
TO THE MEMBERS
COIIITTKK'S REPORT
u the Quarterly Reporte of xc 8,754 xys. zd. o
rawo, and xx forfeited as'.~™,,' ~''clx's-'fl('heim Dfuxichwd of i/p iu fh»r v oo m
"ja'fecjfhf,'w'e'hav'e fo ecole the lom by cfcuth fxf the,~'eg 'uf:Ihu: H~:FI(eub. "„'.xhf& Rawxbsxrxufe~p '; '".; '.,:,~g~s„". i',';","',
.fxmlx:jbwdx7ey with:ccx'ce)lent cgedculfiata, ;which 'buve'heiu'hilly. ",.PxeflB04 bf 'taclxud„xr((acj(lug. He w'ee e, ,
' *,,
"'flux(xa xxfiibfsxheet, eixd the Bocjetj hexa lect'h feuithfu Jnexveua ' Ue)(e:cfee)'re, gccj)bgcbpj(; record hia unfailing
,
" '.xg(a(h~ of'', ' ",' " 's'xxfxg~ uqacexecc'yr "JMi hgefx xIia)adee whhx'h wjff be'id'lg)'cult tu fiL' Out of n gnodx'a'
' .lxf Q' hhhxaxa Rcxexf, 'hue bcxaff ~fed 'Ig, ':hctu hca(f ezuxduuxxPcudeuces'xxud wq have every confxdcoce be - 6 ':-:- '~~ron
'ttuu)f up, .furhcxgh:h~cxg:~::, ,~~-:,goIdg. ::;:~,swat(M urge iucxxdjxxg, ;
'fa:,xhxaf rapid)g 'gxowie'g ihuxxjcl;
ey ere e.,~:bg)eWgy'x'ffb;exv they ere fxxcshate. xyfe ProPose uow to Proceed wjfh the exectioxx cif the Sxeiihh; we"kihefwch 'hoow is earnestly'
gxrxx'ax)gements xxuade hmg ugo with ihe Chexxxlete m Vexiuuu perte af the city to supply yeux' wants, we have uow
fu tix-supply yohc gdcjubuiue'ill'u jia Dextfjufiy upcm which fxdi dividend wg) bu' paid. Full particulars
uluu' bx 'evexy breech iu the city 'uxxd aoufxgy-.
.'J'x"a . '.. . .":~'~fuixchnorxoweudamdetyi lmubxougbt ta theSodirtyubarge bxcxeeheof trade'ofu'upechxlhind, uotub)y
=':„.,"""':m
the)Shape of.Government Oxdcxs.' .loatxudy we have made eiid dcdiuered qSo Ov~ xzx5 Hospital
dfif-~Seftgtaud ycm pemr, ,uf'Jixc'aches. Jl is ratifying to lawn that complete uufiafectmu hee been given with the woxh
.,;- 'u~c(fek~ firn'xxreg, 'ca chffjcu)ty in nuppl jxng suits eud costumes in doth selected from the buuchea, so many ef'
these
, :~~~:-"-1fwjlj ~» buubxenn uud ofxau prevent djuxappoinfmexxt, if, wheuevex ponuible iuleachig customers .xctxmhj
x((e'have'u very large assortment.
. '„":~'aeood' ~he'x, ofThe Jubilee Histories of the Society,'which ceases ue tcs hehevu thfat:xajf catw msmheau
;,;-,:,"lfff uudx'g(J).~g ibe uhxwe bcxuh'iaa the: Cealxej Ofhccs, or euy bxaxxajbwgfbe'~ ffaxg wjah~
QUARTERLY CASH ACC() U 5T.From january 6th to April 7th, 1915.
CASH ACCOUNT.
RXCXIPTS,. I d I s d
To Cash m Hand and Shop Tilts . . . . . . . . . . . . 4,380 ii
„Goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . Io7, 36o 9
Contributions to Share Capital. . . . . . . . . . 9 269 16
Loan Capital .. . . . . . . . . I, izi 15 I
S- . ,8—i-i I Canital-. " 4, 159 6 Iipenny Bunk Capital. ..~ 2.365 o 4
17,317 18 IIProvideat Club """~ ~ I 104 3Xmas Club .. . ........ I 7 o
1,105 10 0
„Repayments, Members' Property Account. . ....... . . . .. 2,817 i6
~ Rests ..................... ..... . .. . . ...... ...... .. 484 o 11$
„Interest oa Investmeats. . .... ... . .., ... ............ .. 7 12 6(Reserve Fund) . ........... . . .... 51 15 o
Dividend on Parchasm .. ........ . . . . . ......... . , ... 11 5 6
Insurance Premiums (Members) .... , .. . . .. . . . .. . .... Io r3 Io
,. Railway Agency ...... . ... . . .. .. . . . . . . . . ..... . . . . . .. I I 16 9)„Sale of Live and Fmed Stock .. . . .. . . . ....~ ~ ~ .. ~ . ~ ~ .~ 95 8 o
„Commission . . . . .. .... . . ..... . . . . . . . .... . . . . .. . . . ... 9 I 7
,. Sick Room A.ppliance Receipts . ..., ... .. .... ........ 3 17 dj
I Motte' Barge RccciPts .... , .. . . . , .... .... . . . ... . .. 152 13 9
„Horse Keepand Manure sold ..... . ........ . ......... 247 13 o
PIopoaitloll Fess .. . , , . .., ..., 24 16 0Transfer Fees .. ..... ... ..., . .. . . I 16 9
0 Nomination Fees .................... .. Iz 3
ghsngsrnrsd, .StnuMm-. ~,. I oc«, , . 21 16 I
Sabseripticns:Co-operative Union Ltd. ........ .. ..No. 9 Dist. Mid. Section C041p. Unioa, Ltd
Lincoln County Hospital . . . . . ... . . . . . . ..Lincoln General Dispensary. . . . .... . . . . ..
, Lhteoln City pie@ca'Scheme. .............- Mhrhsd, Btrsen Neashig Aeenrdatfrm. .......
31 9 43 0 0
10 10 05 5 0
2 02 0
0I I "0
.6
3,376 io 2
Psvnxnts. / . d
By Goads bought . . . . . , , . . . . , . . . . . , Ir, ,&77
CCITlsgC . . . . . , . . . , , . . . , . . . , , . . . . . . . l,43 iz ii'" .4i '
PflsluctiVC Wages . . . . . . . . . . . . . . . . . . . . Idl58
Distributive Wages . . . . . . . . . . . . . . . . . . . . I .4 I e
„Expenses„National Health Insurance Stamps. ... . .. . . . . "-'~&&" rf)9. 9 I; -i,:;;«„Withdrawals from Sharc Capital ........ i I CA I o IICC@@
Special Loan Capital . . i,97o 8 I
Penny Bank Capital . . 1,437 3 7)IFagzc 8 7$
Pnnrident Club ... . . . ..i,pog
Xmas Club . . . . .. . . . . 81,9o8 Io 6
„Worlnncn's Compensation Fund .... . . . . . . . . . . . . . . .. . 24 0 9
., Additions Fixed, Rolling and Live Stock. . 3zo 9 0
Land and Buildings. . . . .. . . . . Izi o o
Mdliug Plant ... . .... . . . . 1,348Members' Property Account. . 48z 14 6
f226,o68 8!I2rt, hde 8
INDUSTRIAL AND PROVIDENT SOCIETIES ACTS, t893 to tgt3.
Annual Return of the Lincoln Equitable Go-operative industrial Society, Limited.
As prescribed by the Chief Registrar, FOR THE YEAR ENDING JANUARY 6th, r9&3.
Name of So iety —Lincoln Ennitable Co-operative Industrial Societv, I.imited
Register No. rsr.Date of Establishment —gngnst, igdr.st hen Erst Regi tered —September ioth. r86 &.
Ntmr an&1 e»! !rr i nf every O&I&ter nr nt! '- r&m. &n in r- &pi irr. 'i.&r i n» n
tyi&. CACLsos !Tres urerl. Nort!i I'ir. .!* I m«!i F&&lri& Sl'i i'i». iiog
!i-u. !uer!. Teinple G*r&lens, Linc iln .&» I Cut &h& i I!ac&.&son&&; 8-:-&i ii
Cai,'nrr! r, Sr. , Cathenne's Grove, I.in uln.
Dr.CASH ACCOUNT.
RECEIPTS. s d
9, &rg I rorbgso &y
y,64s to 6
4»y4 9
Ihh&&'8IF. '& Fi6& 8!iir 6&r»ial Rrpai! *i I Inter .". an! thvi I n!
Loans Rept&d . -Principe! and lnti reit. . . . . .
Sn&all Sa&'mgs Deliartment»ales C!ub .YC&thdra&vali
Lan&1, Bu&l lmgs and Fixtur . Purcha:& i
both in our %windows and in the Departmen,
NEW SPRING GOODSish Costume and press materials. '%manchester Goods, the best
obtainable. For the latest in iViillinery and Coats, please inspect
oor Showroom, . Umbrellas, Hosiery, Underclothing and Corsets.
Owing to the War de)i@eries of certain goods ave ver'y di4ficuit and~ «some
cases, impossibie. Under tbese circumstances we must ask ouv members kind
forbearance.
The Lincoln Co-operative Quarterly Record.NEW SERIES.
Atf Communications to bo addr&ss&d to tho Ed&tort G&o. FIarris, Liudum FIous&, Stoagotob&oh,
To THE GENERA&. MANAGEMENT Colitot&TTEE,
Boyoes Harry;. tr ".%OISts Edlnund-', „:,t':,I:,v, v
Brewitt, PeroyBullen, E mundBurgwin, WillCar ratt, rCarratt, %alter' . . -;, .;:::::.',;;,'-,"~@oh&st:%;
Chambers, Fried-. :"::."-::-;,":.''::-,.; sEtttt ~.,Chambers, George Sharpe, Erio 'B.Clarke, Samuel Sharpe, George F.Clarke, %illiam F. B. Sharpe, William
Coney, krthur Shaw, Wiifred
Curley, William D. %. Shelley, krthurDrinkall, Robert J. Smith, lsaaoDurose, krthur Symonds, HarryElmore, Charles Taylor, krthurElwiok, George Thompson, EdgarErerlngton, Joseph Towers, JosephFairweather, Fred Towsend, Thomas S.FIatters, Harry Turnell, HerbertFoes, Joseph Viokers, FredFreeman, Thomas Walker, HerbertGibbins, Bert Wheldon GeorgeGissing, Harry Wilson, krthurGoldstein, John Winn, JohnGrayson, Thomas V. Wood, Rjoh~Harley, George W, Wood, %II'Haweook, Frederiok Wright, JesseHawkins, George H,
the ten pounds hstm, in the erst mstance, gave him thestlitrt' towards these goal resufhs",
, The other loan of ten pounds was used in a similar way and as
the country
"'tsvsd confidence,
these ks no reantm why a Credit Society should not be equallys~ in many other districts.Credit Societttesr while being little known ht this country, artt
being extensively used throughout Europe, or, were before the war
broke out. Russia (though by no means the largest) having up-
wards of 5,ooo Societies with s,ooo,ooo members.The Scawby Credit Society, near Brigg, has the honour of
being the pioneer in this country of inaugurating a movement for
enabling small agriculturalists by combining their credit to obtain
small loans for agricultural purposes on easy terms. This Society,formed zs years ago, has granted loans amounting in all to nearly
$3,ooo.The purposes for which the money has been granted has been
to enable borrowers to buy cows, sheep, lambs, pigs or seed, or to
hold over stock or corn for better prices.As Mr. Dawes, the Secretary of the Society at tVelbcurn, truly
says, "it is a pity that Credit Societies are not established in every
village. " It only reqnires a little effort and a lead to bring about
that which will help many shard worker over a stile, and enable
him to receive the full fruition of his labours.Any further particulars will be gladly supplied by the Secretary,
Welbourn, to any of our friends desirous of opening up a branch in
their district.
DEItITISTRY and CHEMISTRY.Will members kindly note that the Committee have made
arrangements for their requirements in Dentistry and Cheiuisiry tobe supplied by the following busines houses upon which full
dividend will be paid, and only normal charges made.
Oat5t ting @Ready-Made Department.LAST SEASON was a very successful one in this Department,and we trust we may he as busy this season:—
+Q P+ SILVER STREET.
STRAW HATS and TWEED CAPS,SUITS in Blue, Grey's and Browns.ALPACCA and TENNIS JACKETS,GOLF JACKETS, SPORTS JACKETS,TWEED KNICKERS, Etc.,FANCY SUMMER SHIRTS,SWEATERS, and every description ofMen's Wear.
Tailoring Department.Our uew goods for Spring acd Summer are now in, ; i for
mehness and harmony, colouring and design, they will please themost critical.
DIYIDEND ON ALL SALES.FOR PRIYATE PARTIES.
Ths Room is at liberty after 7 o'clock at night for Dinoers,Teas, Suppers and Concerts, at Moderate Prices.
Tbe continued increase and success of this Department is becausewe use the best quality and sell at the lowest possible prices.Open Mondays, Tuesdays, Ttfednesdays, That'sdays, Fridays
8 a.m. to 7 p.m.
Saturdays, 8 a.m, tc t0 p.m.
Just jotWe are running special Serges:C.W.S. LIVINGSTONE SERGE 65/-LIN-CO SERGE - - 55,'-LADIES' COSTUMES from 50,'-
this
80%1l
I must "Order Up" myWHITSUN GOODS Early.
If you make a Note toplace your Whitsun Goods
There Ts a smartness about our Ladies'Costumes that cannot be imparted byany but expert Tailors,
FLANNEL and SPORTING SUITS,RIDING BREECHES.
Famishing 4 Hardware Department. -
CYCLES from X3 j9s. 6d. —
- MOTOR CYCLES from f25.PRAM S from 39/6.
Early, and, what is more. ACT UP TOIT—you will be performing a soundBusiness Duty.
We are not Alarmists, we are Pro-phets. The member who Orders -Earlyis a WISE MEMBER —THEN WHYDKLAY.
Labour conditions are causing greatconcern in Boot Manufacturing Centres.This serious. fact, occurring at a timewhen certain leathers are both Scarceand Dear, has brought about a conditionof shortage in Footwear which is with-out parallel in the history of the BootTrs de.
At the moment we hold Stocks ofCERT'AIN GOODS. WE HAVEKXPKCTATIO~'S of getting severalfurther useful consignments, but weadvise to buy early for WHIT&UN.
GARDEN TOOLS, LAWN MOWERS,'W IRE NETTING, ROOFING FELT, 4c.
Nice Selection of FANCY FLOWERPOTSv DINNER& TEA& and TOILET
ii, ;-::: SERVICES.
Reedy and Eager-WK AWAIT your Commends.
CENTRAL
BOO& k ShOenepartment.
lFree Srhonl Lane,
Ll NCOLN.
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