I

I THE LINCOLN EIIUITABLE CO-OPERATIYE INDUSTRIAL SOOIETY, LIii. II

REPORT R STATEMENT OF ACCOIINTS I

For the 149th Quarter ended January 4th, 1899.

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CENTRAL —SILYER STREET AND FREE-SCHOOL LANE FRONTS

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SUR-CENTRAL, HIGH STREET. HILL AND RAKERY, YYATERSIDE

" SLOVT RVT SVRE." "VNION IS STRENGTH. "

%'illcalil IFqfiitalllf II'a-aliccatitif 3IIIIIIistciai %ocifta, Tcth. .ESTABLISHED 1861.

Refafstered under the Industrial and provrfdent Societies' Act, 1893.

DLIECTS OF THE SOCIETY.—First, it provides its Nembers and the General Public frith Bread, Flour, Grocery, Provisions,

Drapery, Clothing, Boots snd Shoes, Butchers' Nest, Coals, Crockery, Harduinre, Furniture, ftc.

Second, it seeks the Domestic, Sooinl, and Intellectual advancement of its Ncmbers.

Annual Business. over ZI92,000. Number of Members, 9,100. Share Capital, Zl IOV954 Is. Od.

Loan Gapital, 19,51l 2s. Ild. Reserve Fund, %6t396 Os. 5'.Bankers: THE LINCOLN AIID LINDSEV BANKING COmtANV, LIRHTED, anil the CO-OPERATIVE %HOLESALE SOCIETV, LIRHTED,

THE REPORT AIIO RALAHCE SHEET FOR THE 1IL9th l}UARTER,

ENDED JANUARY 4th, 1899.

Gmo cry

212,721

5550

Dmpary. Boots e Sboev. Tailoring. Faraiabiag

22,400 5650 5550 X900

Bf92 $375 5277 Bf61Purchases fmm the Co-operative Wholesale Society. ..

fmm other Co-operative Sources

Value of Qaods produced snd grown by this Society

Animals Slaughtered daring the flusrter t—Besets, 95; Sheep aud Lambs, 253; Pigs, 25; Total 630.

Total.

Bf7,221

Bf,555

$15,575

6

I 7 a

bfETHBBINGSAN.

GREAT NORTHERN TERBbCE, LINCOLN

SAXILBV.

2 „BAGGHOLfgE BCAD, LINCOLN.

Central Stores and OIIIccs:—SILVER

Na 1 Beach—SBACESBIDGE.

BURTON B01D, LINCOLN.

SHAKESPEARE STBEET, LINCOLN.

BIPON STBEET, IJNCOLN.

'tvELBOUBN.

STREET fk FREE-SCHOOL LANE, LINCOLN.

No. 10 Branch —NEWId. ND STBEET WEST, LINCOLN.

11 „BbBDNRY.12 „NORTH S1REET, HOBNCbSTLE.

16 „SOUTH STREET, SLEAPOBD.

14 „HIGH STBEET, LINCOLN.

15 „QUEEN STREET, bfhBIET BASEN.

16 „BASSINGHAbf.17 „BEEPHtug.

BUTCHERY BRANCHESNs 1, BIPON STREET; No. 2, QRESHAE STBEETt No. 6, BURTON ROAD; No. 4, HIGB STBEET; No. 5, BAGGHOLER BOAD.

TXIE CHAIB pfrlLL Blt TAKRIg BV THE PRESIDEIIT, AT HttrtF-PAST SEVElg O' CLOCK.

PBOGRAjKMK OB' BU SINE SS.ml bfttoffag,1, Inaabs of btta Quarterly Mstmg aad af lsai Sptmtd Gaae

2. Admiadoa of New Evmbvm.

S. Raport aad Bslttnee Sheet.

4. Empbtysta' baaaat Oaiiag

S. Sabsariptitm io bfablshttrpa Coavsbstani Home,

e. Sabstrfpgoa io the National Mvmatial to Nr. Gbtdsoav.

7. Appbmhan fern Welboara Connaiiov ha 4 Comauffee Boom io beprovided for lbe Branab.

g. Pmpvaiiion by Rdaoaiional Comsiibs in rarpeai io another Flower Show.9. Namlnagoaa for Edamffanal Coauaiilev.

IO. Rlvaiion of pive Commiffov-msn and aa A~tier.11. Any other Baainars.

The l}UARTERLY MEETING will be held in the LARGE HALL, on MONDAY EVENING, FEBRUARY 6th, l899.

Lincoln Equitable Comoperative industrial Society, Limite'!.

COMMITTEE OP

Mr. WhL HEWSON, President .. .. 26 Mr. J. W. CODLING.

Mr. Whf. COULSON, Treasurer . . .. 26 Mr. GEO. SHARPE

Mr. DUNCAN MaINNES, Searetsry .. 26 'hfr. hL SM!!LLER

*hfr. W. B. HOWARD .. .. .. .. 26 'Mr. WM. TURNER

MANXCvEMENT26 'hfr. ROBERT FISHER . . .. .. .. 26

26 'hfr. J. BROADBERRY, J.P. (ill) .. . . 1

26 Mr. FRANK bWABY .. .. .. .. 26

26

Aunrross —Mr. JAS. ORANGE, hfr. J. B. RENDER, hfr. W. P. ARMSTRONG. Clsnlaa —hir. FRED STEPHENSON.

" Retiring Members, cash eligible for re-eleaiion. 26 Committee hfeetings have been held daring the Quarter.

The Candidates nominated are:—Brosdberry, Joseph; Dnohworth, Heary; Fisher, Robert; Howard, William Benjamin; Smaller, Mowbrsy;

Turner, Wilism. Members must not vote for more than FIVE Candidates.

Candidate nominated for Auditor is lifr. Jas. Orange.

Votes must be given by making a X opposite to the names oi the aandidates seleated for support. Eaah member must sbew hie or her Pass

Card to obrsin a voliug paper from tbe person who gives them out. The hours of voting are from Seven till Nine p.m. , on Monday, Feb. 6lh, 1692.

IJEP961RTMENTAL COMMITTEES.

BoorsBuransarBaILnINGN

Casu

Messrs. COULSON, CODLING &2 SHABPE.

Messrs. HOWARD, SH6.RPE a BROADBERRY

iyiessre. CODLING, SNALLER &2 HEWSON.

Messrs. HOWARD, CODLING A FISHER.Fsanmo, .. ., Messrs

Dallssr A TIILGNING ~ ~ Mesem. FISHER, TUBNEB &2 SWABY.

FIN&Nag, . . ., , . Meagre. MGINNES, COUI SON &2 HOWARIL

Gsoasar . . . . . . .. hfeeers. ShfALLSR, HEWSON ia BROADBEBRY

RoLLING &2 Ln&s Sraas. . Messrs. SMALLER, HEWSON A SHARPS

SHARPE, FISHER, TURNER &2 SWABY.

COMMITTEE'S REPORTTo THE MEMBEEg&

We beg to submit to you the 149th Quarterly Report and Balance Sheet. The total amount received for Goods sold

during the Quarter is 849,947 26. Osd. , being sn increase of 88,793 4s. 5d. over last quarter, and $3,104 7g. Sd. over the corresPonding

quarter of last year. The net profit on the Quarter'6 business, including $49 56. 4td. brought forward from last Quarter, is

E5,669 46. 7d. , whish gum will allow $1,482 126. 2+. ss Interest, E3,681 5s. Od. as Dividend, being 1s. 7d. in the E on Members'

Purchases, and E82 46. Bd. being 8d. in the B on Purchases of Non-Members; E206 146. 9d. being 2$ per cent. per annu~ for

Depreciation of Branch and Gottage Property; 8147 Os. Od. being 10 per cent. Depreciation of Pixed Stock; E55 156. Od. being

5 per cent. Depreciation of MiUjng Plant; E63 llg. Sd. for Educational Purposes; $15 Og. Od. for Workmen's Insurance

pand; snd E35 16. Sjd. carried forward to next Quarter. 187 persons have joined the Society within the Quarter, 99 have

withdrawn, and 14 forfeited ss per rule, making the present number 9,100, being sn inczease of 74 over last Quarter.

Advances to a much greatel' extent i&hgn hel'etofore sre now being made lo nlemberg to purchase houses, 42,093 Fa 9d.

having been allocated to this purpose during last quarter. Each applica:ion for a grant must be made to the Committee,

in writing, and all applying must be traders st the Stores and hold E5 ag Share Capital, or their applications will not

be entertained. No member is allowed more than one advance.

All the houses recently built by the Society in Belmont Street snd Florence Street are tenanted, and

remainder of the ground available is built upon, eight houses will be erected in Waterloo Street, New Boultham, on lg,ud

just purchased, standing well up above fiood level. We are prepared to receive applicaiiong from groups of

desiring to purchase or rent houses in sny district considered suitable.

We have purchased privately a small farmhouse and outbuildingg snd Q acres of land, near the Stores, al

Welbourn. Gn. part of it we purpose building houses to lel to the employees at the Branch, snd, failing applicaiiong

from local members to have houses built for them on the remainder of the land, it will be let oz tilled by the Society,

whichever course may be found preferable on our coming into possession next April.

The Horncsstle Branch Extensions sre finishe, snd the warehouses occupied add greatly to the couveniencc of the

premises for business purposes. Plans are pzepsred for extending Sleaford Stores. They will be submitted to the local

Members at the Bzsnch Quarterly Meeting, and we hope to be able to put the work in the hands of our Bujldjng

Depaztment Staff without delay.

por s fee of threepence, members of Co-operaMve Societies sre given the privilege, by law, of nominating on a

prescribed form, any person to whom their Share Capitah up lo BIOO, shall be paid at their. death. Naming ljong may

be made at any time during ofiice hours. Ajj members are earnestly requested to make a nomination.

In this Society, Share Capital up to E20 receive a per cent. interest, and for every additional 9 up to EIOO, 4

per cent. , on ajj over EIOO up to E200, 3j. per cent. is paid. Loan Capital up io F100 receives 4 per cent. mtezegt,

and on sll above thas amount up to E200, Q per cent. is paid Interest is calculated from the 6th of each month

The Dividend on each member's purchases must amount to not less than 8/3 per quarter, or 2I per cent. interest, only is

paid on their Share snd Loan Capital.

4 FINANCIAL 8yAyEMENy ttom October 5th, 1898, t0 J»U~5AU@) 4th 1899.

C)kSH )LCCOUNT

RECEIPTS.Tc Cseb in Bank and Cash iu Hand

Ss!e of Go de, Central, GroceryD&apery snd iifillinery ..Boot sud ShoeBatcbery ... .......... .Hides, Slane, Fst, Sc. ..CoalsTailoriug snd OutfittingFmnishing ...... .... ..

Mill. ........., .........., .. ..Buildiog Department ......Brseebndge, No. I Bmnch. . .. . .Bmton Road, No. 2 BranchShakespeare Street, No. 8 BranchRipon Street, No. 4 BranchWelboorn, No. 5 Branch. ..... ..bfetheriughsm, No. 6 Drsncb. . ..Gree!, N rthern Ter. No. 7 BranchSsxilby, No. 8 Branch. . .. ... . ..Bsggholme Road, No. 9 Srsoon ..Newlsnd St. West. No. 10 BranchBsrduey, No. ll!trcnch. .... . . .Horn c-t!e, No. 12 Branch. . . .Dies!&rd No. 13 Branch. ...... .i!iuu Street, N . 14 Branchi!arkel, Sacro, No. 15 BranchBs.cinch uu, io. 16 Srscch ..

e d y.'-'o!5 lv 3DISBURSE%BETS

e18 Dd

' 'By Balance owiug to Backs„Anomiv Psm Poa Goooe:—„' Grocery„Drapery aud Midinery ............ .. .....„Boot aud Shoe„Butchering .. ..... ... .. ............. , .. .„Coals. ....... .. ........ ... ..... , ... .. ...„Tailoring aud Ou!,6tting ...... .... , . ... . .„Furoiehing ..........

Flour MdlBudding DepsrtmeatCsrrtsge of Goods

Coal. ......... ..... . .... .. . , .

d 21,867

4&

041180$

3$Gd8

11$11

I2&J

9

SJ&

Dd

5,171 83,2802,107 183.959 8

349 IG737 0

1952 I1,732 1!i1,84D 8

340 01,540 51,8'!2 41.235 81,8:!4 1Solo 91,674 12

971 7112 162,041 91,356 81B47 14l,c37 92.353 108,46li 81,351 6

734 15

li 64 11

1015 910 li1J 8

6 o19 3

o9 I

iv 4/4'l, 23!i 6 8

li.1314, '&7l

J,82.S, iDiI 5121,4&!3

2,0317,7 121,099

971Di

WIOBB NOB PBODUOPIIE LBBOUB:

„GroceryDrapery sni Mdilinery

„Boot sud Shoe„Butchering„Tailoring snd Outflttiog„Buildicg Department

Ml!9!rc... . ....., .. .

205 8 7110 li !i15! 0 7Silo 0

'&o I 6 1700 8 7808 3 6

1,912 3 10)Do

Wxaae voB DIBPBIBUPIPE LIBoUB:—GroceryDrapery aud bhi!mery ...... ..-... ...Boot snd ShoeButcherirg ..... . ........ .. .... .. . . .

486 4 4184 lb O

91 1 0155 2 095 8 6

lou 12 4162 10 9159 17 4

1,447 12 8

R epbsm, N . !7Branch!is'e f Coals —! I Srsoch. . ....

No 2No. 3No. 4No. 5No. G

No. 7No. 8No. 0No. 10No. 11No. 12No. 13No. 14No 15N. 16No. 17

784 14 922 10 6

121 5 668 5 Ig

106 8 VJJ

90 6 257 19 6)83 12 681 18 4

157 5 7)91 7. 013 11 0

130 12 508 7 9

136 5 11414 06 910

85 5 0

Tsiloriug sud OOBStliugFurnishing. ... .. ..CoalsOIQce

COEIHBBION iun Wseue iv' THE BBINOHNB:—

No. I Branch. ... $37 I 8 No. 10 Branch. ...$37 4No. 2 „.... 8117 6 No. ll „.. .. 55 17No. 3 „.. .. 35 2 0 No. 12 „... . VV 13No, 4 „.... 44 16 0 No. 13 „.. . . 138 18No. 5 „.... 140 14 10 No. 14 „.... 160 9No. 6 „.... 115 I 0 .o. l5 „.. .. 7819&Iio. 7 „.... 22 15 0 No. 16 „.... 31 18No. g „.... 8217 0 No. 17 „.. .. 32 10No 9 41 4 6Withdrawals from Share Capital

Iosn CapitalPenny Bank ...... , .

Additions to Fixed, Rolling, snd Live Stock AccountAdditions to Building Accouut, WelbournINPB crxlBN vB:Shslec in Lincoln &2 Lindeey Banking Company, Ltd. 350

Co-operstive Watch Manu!Bctming Soc...

D

0000

00)

J& 1.1146.336

. V 2 140805159

50

17 10I 0

12 -oI 7)8 00 0

tl49,947 2 0$ r '

8,8tiV IV 9819 10 8 J'„Additions to Share Capital ...

Losu Capital„Deposits in Peany Bsnk-

Ceatrsl. ... CLOGS 2 3No. I Branch. . 12 18 8No. 2 „.. 29 18 10No. S „.. 16 4 2

No. 5 .. .. 87 810No6„.. 598NO V, O 9 O

0 013 0—N 352

10.. .. v' '&4:1

.... &Si. r' 2,093

55. .. ../ 1,101

18 96 3

14 1

8 82 9

18 66 3

„Interest on Branch Msasgere' Bonds„Horse Keep. .......................... . . . .. ....„Non-Members' Dividend on $648 at Sd. in the 9„Additions to bfembere' Property Acoount. ... .... ..„Educational Grant„ Provident Club .... ... . ..... . .... .. .. . . . . .. , . . .

RENIB:—„Reephsm ...... . ..... . ....... .... , ....., . .. , .„Fiebl (Csrholme Road)„Gregg Hall Farm„Free School Lans. . ..

1,247 ll 4J'

4ii 14 10SSO lo 10 &y

SOD 0 0 v14 0 Oil' I

10 !9 3

315 02210 050 0 0

8 5 07910 04 4 0

2 4 66 9 64 0 6

20 16 0613 07 4 6

'20 17 616 1 62012 6I 5 0710 0619 9

29 14 04 4 0

Galmatu EXPBNBBB I—,. Committee and Secretary'e Salary ............ . .

Auditors' SalaryStocktafuug, Extcnlhng, Chccklug, dl'o.

Insurance„Pnntfng, Stationery snd Advertising„Postage Stamps and ChcDue Books. ......... . . ..„Repairs .... ............... ......., ..... .... ..„Bates snd Tsxee. ..................., . .. ......„Gsc„Water

Delegates' Expenses„Travelling Expenses

Bank Commumon and InterestSUBBOBIP?IONB

„Co-operative Union. ... .. . ........ . .... .. . . ....„No. 9 Disirict Midisud Section Co-operative Union„Bsmfovd Memorial .. .......... .... .... ....~. ..„Mablethorpe Convsleeeeot Home. .

0 7~

8 J'7&is F'0 «~

IJ

vZ

3718 li30 12

1521'&o 102v 10

SIS214 6128 748 28 83 10

9S 15158 7 8 I

9 7 0 w

019 Ov I

0 8 Dv713 4w

16 5 4

„Entrauol FeesI'rscefer Fevv. ..., .No:ui sri& n Fees

„Sale ot Rules, Cards, snd Cash Boolm ......„.. ..., Dlviiend C -operative Wholesale Society*s Bank

5 0I 1025 5

'&

o 52 2

Wcodhsll Sps Hospital ..., Lmcoln County Hospital, Lincoln General Dispensary .., , Intere t Co-operative Wholesale Society .... .. . ... 56 11 4

,. D&vidend 16t 18 6

„ Interest snd Dividend Co-oPerstivePrintiou SocietyCo-op. Watch Msnafscturiug Society ..

Rueton, Proctor Jr Coye Debenture. ..., ...Robey &2 Coy e DvbeutmesCorporation Bede mable Stock ...,Lincoln Jt Liudeey Bank Shares

Co &p. ivholesale Society [by Bailding Accouat Advances)

9 1.0816 3213 9

26 14 1.24 13 036 5 063- 14

4472 11 11

268,941 5 6

149 18124 10

Cash in BankHand

1280 15 7

SV4 9 Dk

No. 8 Branch. ... 2 5 8 3No. lo „.... 0 18 7No. ll „.... 21 0 4No. 12 „.... 27 16 7No. 18 „.... 6 5 2No. 15 „.... 7 14 INo. 16 „.... 7 17 3No. 17 „.... 4 4

Deposited in Provident Club„Pepsymentsf romHouvePurebseere —lf embers' Pmperty Account

„Mscsgers' Bond Account .. .. ........., ...„Sa!eof Live Stock, Iasu ance Fund„Rents, Newport

Shakespeare Street ................ .... ..Rip n Street. ..... . ........... ..Gss street. . ...... ...... .............., .Siacil !erraceGreet Northern Terrace. ..............., .K ste en Str etChehusf &rd StreetTsnnere' Lane aud High StreetSincil BanksHorncaet!eJohn StreetBsggholme Road. .................Florence Street —Winn Street. ....Bsrdney. ... ...... ...... .. .. . ...........

Dr. SEARE CAPITAL A.CCOUNT.

To Withdrawals .... .... .. ........ ...... .................. .. 6,386porfeits on Withdrawals, deducted from Pized Stock Account. .

„1'&9Deposits to Buiidiog Account, st 5s. each. .. ...Pines . . .~ .~ ~ ~ ~ ~ ~ ~ ~ .~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ - ~ ""- ~ ~ ... ...... 6

, Allowed for Interesi sod Dividend, but not required, ... , . , 38Present Claims of hlemb&rs . .. .... ........ ... . .. . . , .. .. . 110,954

6117,375

sI 0 By6 0o 0

12 011 9

o

16 9

Capital se per lest Balance SheetInterest on 148th QuarterDividend on 148th d .Coniributione

s 4109'&22 19 0

1 1&0 0 08.165 0 03,"l&7 17 9

61& i 375 16 9

Vo Withdrawals .. .. ., Present Claims. ..

LOAN CAPITAL ACCOUNT

s 42,140 12 0 . By Loans ss per last Balance Sheet

.... 19 oll 2 11 ' „ Interest se per last Balance Sheet„Contributions

521,651 14 11

Gr.3 a 4

20,614 0 11188 3 4849 10 8

221 651 14 11

FIXED, ROLLING, AND LIVE STOCK ACCOUNT.

PreviousCost.

e d14 756 18 8

Additions Additions by Sooiety'e Total Depreciation Allowed by lastthis Quarter. own Workmen. Cost. previously allowed. Brtaoce Sheet.

2 s d s d 6 e d 6 s d. 2 s159 8 0 21 17 I 14,987 18 4 8,669 10 5 147 3 fi

Prom Sale of Live sud Total BalancePeas, Ac. Pired Stock. Depreciation. Nominal Value.

s d .2 e d 6 s d 8 s d

gi 19 0 14 0 0 9,056 5 11 5,8el 12 5

hIILLING PLANT ACCOUNT.

PreviousCost

e d

6,660 19 6

Additions&hie Qilattar.

s d0 0 0

TotalCost.

s d6,860 19 6

Depreciationpreviously allowed.

e d'&,349 19 6

Allowed by lastBalance Shack

s d56 8 O

TotalDepreciation.

s d2,406 7 6

BalanceNominal Value.

4 s d4,454 12 0

IIESERVE FUND. Gr.

To Balance

s d6,396 0 5h

26,396 0 56

By Balance ss per last Balance Sheet .......... .... .„ Interest on Lincoln &2 idndeey Bank Shares

Rnston, Proctor &2 Cods Debentutes. ..Robey &2 Co 's DebenturesLincoln Corporation Stock. ..... , .. . .

s d6,244 14 4h

6314 026 14 124 13 086 5 0

26,396 0 56

Or. MEMBERS' PROPERTY ACCOUNT. Cr.s d

T Amount advanced on Property as per last Balance Sheet. . ...... 26,978 1 11o mous„Advanced this Quarter. . ........ .... ...... .. .. .. ........ .... 2 093 9

229 066 4 8

By Repayments ss per Cash Account„Lese In&crest

„Balance owing to Society

s d 2 e d836 10 10289 3 7

547 7 828 518 17 5

229,066 4 8

LAND AND BUILDINGS ACCOUNT. Cr.

Propet ty.

Central Stores ........Bracebriage .. .. ......NewportShskeapesre Street. . ..Ripon Stteet. .......-.Welbonrn .. .........-ldetheringhamGt. Northern Terrsoe ..Ssxilby ..............Bsggholme Road ......Newlsnd Street West. .BardneyHorn&matte. ......... ..Sfesford. ..... ... . . . ..High Street .... ......bfarkat BasesBassinghsm ..Pres School LaneGss Stmet. . .........Waterside North .... ..Stncfl Terrace .... ..Kesteven StreetNorth Hykeham (Perm)Chelm&dard StreetGresham StreetSincil BankJohn Street ......Wins Strrmt. .........

Previous Cost.s d

23,279 2 5689 1 9961 11 7698 17 6

l,o239 18 31,815 5 91923 6 6

905 5 11819 8 6

1,351 16 0559 18 11

1739 8 21,3V3 2 92,840 6 7

11.222 13 68,042 6 21,$39 5 6

593 16 0276 4 11

16.074 18 91,286 15 9

564. 13 11,880 17 81,142 13 6

888 1$ 02 908 16 10

5OO O 02,826 5 6

Addigona Additions bythis Society'e owc

Quarter. Wotkmen.s 4 8 s d

46 ll 4

50 0 0

134 13 I

Total Coat.e d

23 279 2 5639 1 9

1,008 2 11696 17 6

1,289 181,865 5 91,928 6 6

905 5 11819 8 6

1,3ol 16 0559 13 11

I 739 8 21,507 15 102,840 6 7

IIJt22 18 58,049 6 21vt89 5 6

595 16 0276 4 11

16 074 13 91,986 15 9

564 1$ 11,880 17 81,142 13 6

333 18 02,908 16 10

500 0 0

Depreciationpreviously allowed.

d d3,484 13 I

lgii 10 3288 11 7199 14 0856 2 8861 16 9377 6 6224 8 11210 6 62o8 5 (I165 14 5189 2 2218 10 6589 14 7451 13 7

60 16 6167 0 6178 12 083 4 11

1,268 4 6859 7 8102 17 7256 17 3IVi& 1 646 11 0

860 4 10'&1 11 08 5

Allowedlest Quarter.

s d.

16 6 02 Iii 64 5 03 8 ii

510 69 2 O

913 64 5 0817 0617 02 9 69 7 06 8 0

1411 025 0 018 13 8

7 o 0c12 0I 5 0

16 0 05 9 6218 0

10 3 06 1 0116 0

15 18 68O017 12 4

TotalDeprec&st&on

6 s d8,450 18 1

189 6 9287 16 7202 17 6361 12 9370 16 9387 0226 13 11214 3 6260 2 0168 8 11198 9224 18 6524 6 7476 18 7

79 10 2194 5 6181 4 0

84 9 11l,o84 4 6

:164 16 9105 15 726V 0 3182 2 648 7 0

3V6 824 11 025 17 6

PresentNominal Value.

B s d19,828 4 4

4AO 15 0720 6 4496 0 0878o 6

1,494 7 01,586 6 6

676 12 0605 0 0

1091 14 0391 10 0

le4019 01,282 17 423&6 0 0

10,745 19 102.962 16 01,145 0 0

412 12 0191 15 0

14,790 9 8671 19 0458 17 6

1,6&3 1'7 0960 11 0285 6 0

2,582 13 6475 9 0

3,509 17 8

274264 19 9ev, vv »a & v evv »». 9 210,532 4 I 6232 5 6 210,764 9 7

GENERAL STATEMENT.Cr.

To Share Capital„Loan Capital„Penny Bsuk Deposits.„Reserve Fund„Branch Managers' Bonds .„Congress Fund„Insurance Funds. .„Workmen's Ineurance Foui„Provident Fund., Beck Balances„Balance

110,96419,61119,797

6,8961,199

20169

8124,8295,669

s d gI 02 11

12 60 5dr

12 50 03 10 0

12 513 2y

4 7

By Stock, GroauyDrapery sod Mlinery. ... .Boots end Shoes ..".....Butchering.CoalsTailoring snd Out8tting. ..Furnishing ..Building Department .. . . . .No. I BranchNo. 2No. 3No. 4No. 5No. 6No. 7No. 8No. 9No. 10No. 11No. 12No. 13No. 14No. 15No. 16No. 17Mill .

s d8,664 15 44,504 15 192,9o3 12 10

331 9 0251 2 10

4,252 14 92,619 14 31,911 12 5

249 8 0302 2 6272 13 5319 9 9

1,291 7 01,085 19 8

292 I 8409 9 6860 3 2279 5 5895 5 11751 12 11

1,347 19 02184 4 31,434 5 0

539 5 6201 5 0

9,456 17 8

Bmfdmg snd Lend descantMlnnbcre' Property dccouut

„Fixal Stock dccount. .r.„bSSing Plant descant., Sbsree in Co-operative Wholesale Sooiety, st 5 per sent.

Hebden Bridge Fustian Society, st 6

Co-operative Insurance Company, et 3

Co-operative Printing Company, st 7$Co.-op. Hosiery Manufacturing Soc., st 6

Paisley Co.-op. lianufecturing Soc., at 6ILondon Pnxluctive SocietyThomson 8 Sons' Praluctive Soo., st 5 per sent.

Co-operative Newspaper Society, st 5Dudley Bucket snd Fender Society, st 5Airedale Worsted. Society, st 10blidlsnd Tinplate Woriiers' Society. . ..... . .. , . .. ..Alceeter Needlemskers' Society, st 5 per cent.She6ield Cutlery Sooiety, at 5Brown6eld'e Guild Pottery Society. ... ...... . . .. ..Mscclee6eld SiBi Msnufectming Sooiety. ...........Leek S9k Twiet kisnafacturing Society, st 10 per cent,

British Produce Supply dseocistion, Limital .... ..Lincoln Hide, Skin snd Fst Company, LimitalRaeton, Pmctor 8 Co., Limited, st 4 per oent. ..Loug Eaton Engineering d Cycle Co., Limited. ... . .Coventry Co-operative Watch Manufacturin Society

„Reserve Fund Invested.„Lincoln Corporation 3 per cent. Raleemeble Stock 2,410 0 0

„Ruetou, Proctor 8 Co., Ltd. ,+percent. Debentares 1,336 5 0„Robey 4 Co., Lbb, Q per cent. Debentmee. ..... 1,256 0 0„Lincoln snd Luldeey Banlring Company, Limital,

Old Shares 2,294 10 0

Cash in Banks snd Cashier'a Hands. ..

6 e

85,092 7 874,264 19 9~28,518 17 5 II5,881 12 5r4,454 12 04 38O O O l

20 0 050 0 o,i

25 0 0'600 0 0

I10 0 0100 0 010 0 030 0 020 0 025 0 011 16 729 8 850 0 050 0 011 11 075 0 028 0 0

300 0 026 12 1012 18 9

7,295 15 0124 10 11$

$161,610 2

PROFIT AND LOSS LOOOUNT.

$161,610 2 66

Gr.

To Balance Disposable.6 a d

5,619 19 2$

1;,ci le

s d848 15 4)458 18 1308 0 7864 7 I

54 17 106200 19 Iid200 2 7

4 9 4$124 14 1146 0 797 12 lod

132 6 3921 9 11125 9 8)71 7 1195 6 2

161 4 0~219 9

98 16 9146 18 I'316 I 11)336 4 7)108 8 od37 13 7$48 19 8

414 4 84

By Pro8t, GroceryDmpery sud bfillineiy ....Boot snd ShoeButchery.CaelaTailoring sad Oa49tling ..Building DepsrimentNo. I BnumhNo. 2No. 8No. 4No. 6No. 6No. 7No. 8No. 9No. 10No. 11No. 12No. 13No. 14No. 15No. 16No. 17

Rants as per Cash descant„Rules, Cards, snd Cash Books ........, ..... , .„Interest from Members' Pmperty deco t......... ...." Caoperslivs Pmduchve Sometiee

Co-opmatfva Wholesale Society. ...............„Bank Dividend

5,035 8158 7 8

715 4289 3 7

610 066 11 416 5 4

Xc,613 19

a'%ge i: *'

Dr. PROPOSED DISPOSAL OF PROFIT. Cr.

s d 8To Interest on Share Capital ........ ........ ...... 1,120 0 0„ Interest on Loan Capital. ..... .................. 184 9 2

„ Interest on Penny Bank Deposits ................ 117 16

„ Interest on Branch bfsnsgere' Bonds .... ...... .. 10 6 8—1,482„Dividend on $46,500 st 1/7 in the S .......................... 3,681„Nou-Members' Dividend on 2967 st gd. in the 2 .............. 32

„24per cent. Depreciation of Brsucb&k Cottage Property 206 14 9

„10per cent. Depreciation of Fixed Stock .......... 147 0 0„5per cent. Depreciation of bfilling Plant. . .... .... 55 15 0

„Edacstional Great, 1$ per cent. of Net Trade Progt. ...........„Workmen's Insurance Fund„Csnicd forward e................... ...... .. , . ...... , ... , ...

25,669

s dj

12 2)5 04 8

9 911 30 0

By Balance from Prodt snd Lose Accountfrom lect Quarter

„amount allowed lect gusrter for InterestDividend but not mguired . .........

s d 2 e d

... 5,619 19 2410 13 7$

snd38 11 9

5,669 4 7

dodited aed found correct, ,Jen. 24th, 189&J.

Jd&5fES ORANGE,J. B. RSNDEB, &lsd&tore.

W. P. ABMSTBONG,

55,669 4 7

Dr. NORTH HYKEHAM FABM ACCOUNT.

To Stoclr in Hand, Deoember 81et, 1897

„Pigs purchased. .....„Pig Zeal, &kc.

„Seeds„Labour„Horse Keep, Stmw, Coke, Coals, &kc. .„Rates snd Texee. ... . . ., , ...„Rent„Balance. . ... . .. .. ......

418289426

1924987

71

72

e d18 1

9 816 217 00 1

15 50 4

13 06 6

By Garden Produce„Pigs sold„Stock in Hand, December 31st, 1898 .

2 e d438 8 10781 4 5353 3 0

Dr.

21,572 15 8

GBEGG HALL FARM ACCOUNT

21,572 16 3

To Stock in Hand, December 31st, 1897 .„Pigs purchased. . ..„Poultry purchased .. .... ........ ..„Pig Meal, dm.„Seeds...... . . . . .. .. . ... ....„Labour ........ . . . . .. ..., ..„Horse Keep, Strew, Coal, &ko.

„Bates snd. Texas .. ........ .. . . . . . . .„Balance. . .... . . ....

e830 2 0

78 13 0017 0

165 17 914 16 9

171 6 081 8

100 0 06 9 81419 7

2964 9 11

By Hsy Clover sad Seals„Wheat„Garden Produce snd Poultry„Manure ..„Pigs sold

„ Stock in Hend, Dece&cher 31st, 1898

2 e d103 17 6

to 8 0819 16 0

110 !i259 17 5247 1 0

$964 9 11

EDUCATIOI&IAL COMMITTEE.

Mr. J.MOORE, President .......... ...... 8j

'Mr. W. LOVATT ......Mr. G. BACON, Tresemer .... .. .. ........ 8 Mr. G. E. BECK

Mz. E. H. THOMPSON, Beoretsry .. .... .. 8j

*Mrs. S.J; HODGETT ..'bfr. C. TRE/!,VETT. ..... . . ........ . . .... 7 ifre. 5L d. BEING ....

8 *bfre. J. BALL8 Mr. D. WORTH8 *Mr. T. HARDY. . ....8

888

Dr.

The Sgures after tbe names indicate the Number of Meetings attended, 8 having been held.

' Retiring Members, each eligible for nomination, excep&, Mre. Hodgeti sud Mrs& Bell, who do nct seek re-election,

EDUCATIONAL DEPARTMENT.

To Balance forwsnl .... ....... . .„Quarterly Grant ..... . ...... .„Quarterly Sale of Papers„Cards, Catalogues, and Fiues

INCOME. 2 e d719 3

5518 61 910015 3

SARAH L HODGETI, ) d~~GEO. E BROIL /

$66 '9 10

EXPENDITURE.By Newspapers, Megssines. &kc. .... .. ...... . . ........ .., ... .., .

,. Libredsu's Salary 6/15/0, Gratuity to Secretary 5/0/0

„Pdnting Account I/4/6, Secretary'4 Poetsgee 0/3/8 ........ ., ..„ Indicator Cards 2/0/0, New Books 0/15/10„Cleaning 1/11/0, Furnishing Depsrbnent Account 0/10/4

,. Delegstae' Rzuenses 2/17/9, Small Accounts 0/3/11. ...........„, Choir 7/7/'3, Singing Classes 2/2/Si. ....., . ........„Gymnasium Clsseec 2/19/6, Gymnasium Beds 0/14/6 .... . . . .„Concerts st Welboaro sud Lincoln. ....... ...... , .„Lectures 4/9/10, Lantern snd Appliances 8/16/4 .... , . ..„Snbecription io North Midland Library dssociation„Cards "Libraries' Ofieucee dct" 0/1/6, Stationery Account 0/4/3„Balance forwsnl .................................... , ....

2 e d12 10 6413 15 01 8 22 19 102 1 48 0 8!I &J 10i314 03 710

13 t& 20 4 i&

0 5 90 3 8

266 2 10

EE~G ~ ha hff in thu SCHOOLROOM, E/ELROURN, on SATURDAY, FEIL dth& at 7 pan. Bepmsentsti e, Mr. HE'wBON.

Ef lbo B~& Co~ttee —Mz. B. Gsdd, Nsvenby, Chairman; Mn J. Gray, Meden, ~m y; . J. 8 p, Mn W. Bunnmg& ~. B. Dsrcy,

W 1&; M . T. Codd, Ca~rye; /If . Hy. Codd, WeUingore; Mn J. W. Holmes, Nsvenby; Mr. J. Flsttere, Bootbby; Mr. D. B. dblewhite, Coleby;

Mn J. Smith, Hsnneton; Mr. T. ScofSne& Normanton; Mr. G. Wiight, Folbeck.

The Quarterly Meeting will be held iu the School-nmm& DIGBY, on FRIDAY, FEB.3rd, at 7 Pun. BePreeentetive, Mr. COI/LSON

Mathazingham Branoh Commfffaa —Mr. Elijah Beynolds, Methzbinhhsm, Sesretsry; Mr. William Bsldock,

barn; i!dr. Azthm Wilson, Dunston I Mr. Cbszlee Bsmnber, ifr. Charles Bailey, Bcopwfck; Mz. George ddcock, bfr, Charles Ogden, D b

Richard Taylor, Blankaey.

Bszdne Branch Commfffea —Mr. G. MBls, Bsrdusy, Chsinasn I Mr. W. Clsphsm, Berdney, Secretary; Mr. H. Psrkev, bfr G, Zsdd~ney rane

Coffon, Bsnlney; Mr. T. Simpson, Bouthmy.

The Quarterly Meeting wlE be held in the Committee Room, Branch Stores& Blesfonl, on SATURDAY, FEB. 4th& at 7 p.m. Bepreeentsiive, M . CODLD'G

Slasforrl Branch Connniffsu —Mr. F.Best, Blesfoid, Cbsinssn 1M'r. J.Rsdlnn, Slesford, Secretary; Mr. T. Newton Swsrbz; Zr. D. Grimsdeb Mr. E, Di k'

Mn W. Monrsm Mr. L. Web&ez, Mn Jm. Lmlie, snd Ifr. O. H. Faulkner, Blesloni; Mz. W. Gsrwell, Ruekington.

The jjuaztezly Meeting wil be held fn tha Club Boom& Ssszge lnu& Mszke4 Rasmt& on SATURDAY, FEB.4th, at 7-43 p.m. Bepreeentsnve, Zz. BHARFE

Market Bases Branch Commftffca Mn J.W. .Rashby, Market Beasu. Chairman; ifr. J.Piekwell, Secretary; Mr. W. Boise, Mr, B Fiintbsm Mr 3 p

Mr, d. Ping, Mz. C. BbazPe, Mr, F. Inggby, Mz John T. Douse, Ifr. Moses Crow, hferket Rseen; Mr. Jse. Cooke, BuelingtborPe; Mr. G. Wstff e

The jjuaztezly Meeting will bc held in the %szehouse& Cowpezatfxe SCores& Bass gham& on SATURDAY, FEB.4th, at 7 pun. Representative, Mr. SwdBY,

Mn W. Wccdbea&L, Bseemgbsm, Cbahwum; Mr. J. Taylor, Mz. J. Brown, Mr. J. Huston bfz B G~~; Mr. F. Taylor, llr. J. Mazubaik Cavil&m-Ic-Moorhued; Mz. J Reynolds& dubomn; Mn E, Peacock, Norton; Mr. J. Hatlau&, Mmi

Thurlby.

F )AC 4 llTCCllll Kt&-0pCL ATfVL' N ITAL. PCl, ilJ RCLOl &I,

NEK SERIES. No. 38.

OST organizations find it to their advantage to review their

progress at the end of each year to see if they have fulfilled

sll the expectations with whioh they set out at the beginning,

and, st the same time to consider the steps needful to be

taken in the future. Our review of 1898 presents many

distinctive features —the most notable of whish to ue, as a trading

organisation, sze the increase of competition and the unblushing

manner in which inferior aml adulterated goods are sold ss first-rste

and genuine in quality. Convictions for selling short weight, for

adulteration, snd other forms of swindling the public, aze certainly

not so numerous locally as they would be, were proper attention given

by those responsible for the law being put into force against these

practices. There exists in respect to such matters considerable

ignorance, which is greatly to be regretted, but there is much inexcus-

able apathy also. With laudable intentions our Educational Com-

mittee snd Women's Guild recently engaged Miss Ravenhill to give

a lecture on "The Food of the People. " The lecture wss most

instructive, but the audience was not half as large ss it ought to

have been. The lecturer's disclosures respecting the contamination

and adulteration of milk, snd the curing or preserving of butter,

cream, snd meat, were startling, snd yet not in tbe least exaggerated.

The transmission to human beings of disease by bad meat and by

milk from unclean and unhealthy cows is full of menace to the public

health. Those best competent to pass an opinion, ssy it is questionable

if in any other town there is greater disregard of sanitary regulations

in respect to the way cows are kept and milk is produced snd sold than

in Lincoln. The growing extent to whish milk, butter, cream, bacon,

hams, tongues, and fish are treated by borscie acid, snd the injury

to digestion caused by this nearly tasteless substance which accomp-

lishes the "mild cure, " were ably snd lucidly treated by the

lecturer. The highest authorities on hygiene, she stated, are a~edthat the said whish prevents meat decomposing, prevents it when

eaten kom digesting. One grain of comfort that we as co-operators

have is, that no "preservative, " as the acid is termed, is used in

the butter factories of the Co-operative Wholesale Society, whence

we draw the bulk of our supplies of creameries butter. And further,

there is an increasing demand among our members yearly, for bacon

and hams of our own curing, s demand which will doubtless tend to

grow as people realize what the words "mild cured" really mean.

The Butchery Committee have found. , in respect to this branch of

business, that supply has created demand, for they have not yet

been able to cope with the demand for hams the whole year through.

Now that we have extended our Farming Department by adding 150acres, it may be possible to deal with ham aud bacon curing snd

storage, in s way not open, snd to an extent not possible at the Central

Butchery Department, with its contracted accommodation for this

purpose. Whether this work csn be undertaken direst at one ofthe farms where the pigs are fed, will doubffess engage the attention

of the Farm Committee. The ancient barn at Gregg Hafi Farm, if itcould be rendered ratproof, affords room for salting, drying, and

storage, not st present fully utilized for any purpose. This woald be

a natural outgrowth from pig-keeping snd one which could not very

well zesult in loss, with ordinarily careful management.

t

The recent purchase of s small farmstead snd Ass acres of land near

the Srores, at Welbourn, while it is the consummation of a series ofefforts in this direction extending over several years, may possibly have

some bearing upon the question of an improved milk, cream, butter,

and bacon supply, on co-operative lines. It has long been mooted

that houses for the local employees should be built, but in respect to

the disposal of the rest of the land nothing is certain snd nothing csn

be decided at present, as the Society does not obtain possession until

Lady-day. By the most public-spirited of the local members it,

hss often been advanced that their interests would. be served by theestablishment of a small creamezy. We suggest they form a eo-opera-

tive creamery society of their own, and take the pmfits or losses of

such an undertaking. The management would be an excellent train-

ing for the most enterprising and intelligent of the working-class,

who sre quite ss capable as the worlnng class in Lincoln were thirty

years ago when the Stores started, and beMdes they possess capital,

which our pioneers lacked. The Welbourn Branch hss created

capital for them. Holding money in our Society ss local members do,

to the extent of thousands of pounds, it cannot be said that lack of

capital deters them from starting a creamery if they have any faith in

themselves and are persuaded it would be to their advantage, as

many claim it would. If sn opening could be found for the by-pro-

ducts either by pig-feediug as is usual, or. otherwise, and. members

would stringently bind themselves to take sll their milk to a creamery,

there is no reason why one should not pay. The Derby Co-operative

Society is now enlarging its Creamery which has been working

at a good profit for several years. Any reliable information iherefore

the Welbourn members might want, could be obtained from a tzust-

worthy source, and the methods of working at Derby could be

inspected by s deputation, if necessary, before sny steps to start a

Creamery were taken. The position of the Derby Society is quite

difi'erent to that of Lincoln. Derby being the centre of a dairying

district, milk is supplied to the Society's Creamery direct by the

farmers in the immediate vicinity, a thing not possible at Lincoln.

Undoubtedly one of the most important departures the Society

has ever made was the Building of the new Stores, opened at Market

Rasen last March. No other course however was possible. There

had been great dilficulty in oonducting trade in the old premises, the

lease of which had nearly expired, and they were dilapidated snd

overrun with vermin. The stocks naturally sufi'ezed thereby, snd a

re-valuation on removal zesulted in a temporary diminution of profit.

Convenient shops and more varied stocks have brought increased

trade and membership, and there appears now to be no doubt that

ultimately Market Bssen will become one of the best of the Society's

Branches, although wages being low in the district the purchasing

power 'of the members is not great.

The quidsuavs within the Society and out of it who were fond of

stating, when the new High Street Branch or Sub-Central was

opened that it wss and would always be a "white elephant, "sre doubt-

less by now taking to heart the advice given by Puuck, "never prophecy

unless you know. " The Sub-Central has now been open exactly fom

years, the sales for the first quarter were 62,507, whereas for last

quarter they reached 63,602. The increase in the receipts has been

constant, but the rate of increase in 1898 hss been greater than

previously; the last quazter of the year the receipts were not only

6593 over the preceding quarter, but they were 6619 in excess of the

corresponding quarter of 1897, when prices of bread and fiour ruled

mush higher. And while this is so the pro6ts have all along been

over the average, s fact whish speaks well for the careful

management of Mr. Brummitt and the competence and atten-

tion of the staff. When the Sub-Central wss opened, it wss

stated publicly by the Committee that the Society had, for once,

built in anticipation of the requirements of ten years kom that time.

Since then John O'Gaunt's hss been covered with houses, for many

of whish the Society hss found the purchase-money. Other new

streets leadiug out of High Street have been built, and. we are

within measurable distance of the time when the Corporation,

by acquiring the Tramwsys, and cheapening, extending and improv-

ing the accommodation, will oause further developments of building

in this direction, sll of which cannot fail to increase the value of thefreehold of the Sub-Central and extend its trade. Meanwhile, some

of ouz pmdueBve departments have found s home st the baolr of the

property, and there is ample room for others yet to be added, ss theywill inevitably be crowded out in the course of time kom the CentralStores, Silvez Street. Moreover, if ever the Society Resides to set

up s Goods Forwarding Department, such ss some think, even now,

to be necessary, as sn adjunct of a Central Warehouse, the rearof the Bub-Central affords a site for it, convenient of access by roadfor goods going out aud within easy reach for goods coming in by raiL

During last year extensions Iong-needed at tne HozucsstleBranch were made, snd similar work is in prospect st Slesford, wherea very considerable amount of capital needs expending to bring the

LINCOLN CO-OPERttt TIVE QUARTERLY RECORD 9

premises up to the t'ull trade requirements of the presen'. and prospec-tive membership. It is very difflcult, however, for a Committee toimtiate and undertake work oi' this character with zest aud satisfactionif continually assailed with hostile criticism froin bodies of membezs

wlio, from want of knowing better, confound capital with profit sndsapiently advocate that money expended on capital account shouhl beused to pay iucreased dividends. R is ignorance ouly that impedesco-operation sud thereby withholds from labour its surest, eoundestameliorating lever. A fatal blight speedily seizes upon snd withers

any Co-operative Society that ceases to be progressive. Ouz aim

must always be io use capital, ss it accumulates from shopkeeping,

so that it shall bene6t an ever-increasing circle of workers. Co-opera-

tive principles and, methods will apply nearly everywhere, but to make

t,hem succeed, enterprize and intelligence are needed in the executive

entrusted to carry them out snd, loyalty and patience on the .part ofmembers. The average member can stand any amount of prosperitysnd accept all the credit for it, but should adversity some, his first

thought is to seek a scapegoat on whom to lay the blame. But toreturn to our subject: —Last year witnessed such a great development

of the Building Department that we may now fairly claim to add toour many businesses that of General Builders and Coutmetors.Hitherto tlie work done by our building staff, in design and

executiou, has met with encomiums on sll sides. The new workshops

at the eud of Tanners' Lane will bear favourable comparison with any,for stability, convenience. and complete equipment with modern

maehmery, and there is every probability of work being plentiful for

some time to come. Wheelwrighting, Plumbing, snd Blacksmithing

are developments within sight.

Recently there hss been a great increase in the amount of money

granted to members to purchase houses. As every grant made for

this purpose tends to raise the standard of living of a class whose

standard needs improving, the more our capital is utilized in this wsy

the better it is for the community at large, as well ss for ourselves.

Looked at from any standpoint, the results of the business of our

Society go to benefit snd elevate the masses of the people of Lincoln

aud its vicinity, while the gains of othez similar trading companies

go away from the city sltogethet. Every one of the Society's

businesses, distributive or productive, acting and re-acting one upon

the other, promote true progress in greater degree than sny other

existing organization; As Share anil Debentuze-holders, moreover,

the Society is interested in the progress snd prosperity of some of

the principal Worl s in the City, and it holds, also on Reserve Fund,

Account, Lincoln Corporation Stock. These accessions to our stability

cannot be impugned by the most captious critics. While we have

enemies among the blatant advertising trade adventurers, such ss

are to be found in every town, we are sstis6ed that the equity of our

dealings commend the Society to all our fellow-citizens whose good

opinion is worth having. We set up no monopoly, ss we are seeused

oi doing, for we welcome to our ranks all who have moral grit enough

to pay their way snd live honestly. All our productive departments

have been established so that we may supply ourselves in the most

direst way. We enter into business to make a profit out of our own

trade. As many of us ss work for others are kept at work so long as

a pro6t can be mule fiom our labour; as many of our members ss

ivozk for the Society are working for. themselves and their fellow-

eo-operators. Last year ouz profit amounting to 820,589 18s. 5d.

was shared equitably among 9,100 persons, whish is preferable

to this amount snd what it represents being enjoyed by two or three

or all even by one pezson. As we continue tsugibly to realize that

co-operation, carrying with it the spirit of reform from within, snd

evoking the ardour for promoting all sensible reforms &em without, is

the soundest social movement of the age, 1st us have courage enough

and self-devotion enough to spread our principles from their simplest

to their highest and most perfect form, even against the adverse

eriheism or the deadening sordid selfishness of the most ignorant

and unresponsive —the' class among which it hss most need to

exercise its elevating infiuence, snd upon which it is esleulsted to

confer the greatest benefit.

In a ease recently tried, in the Court of Appeal, it was decided

that under the Friendly Societies' Act s nomination was valid up to

$100, notwithstanding that a member's investment might be greatly

in excess of that ainount. Seeing that the members of Industrial

snd Provident Societies only have power to nominate up to 8100,proiridwt tkat tder iecttbctat does aot ccittd i/tet cmosct; it was thouoht

by the Parliamentary Committee of tlie Co operative Union, at their

last meeting, that it would be advisable to try and obtain tlie same

powers for Industrial and Provident Societies that Friendly Societies

have, snd a Bill to secure this object is being drafted to be sub-

mitted to Parliament.

The conclusion of sn article on "The Private Traders' Anti-

Co-operative Movement in Scotland, " contained in the Co-operative

Wholesale Societies' Annual for 1899, by Mr. James Deans, Secretary

of the Scottish Section of the Co-operative Union, is 'as follows:"The auti-eo-operative moveinent has proved an ignominious failure.

qhe principle cause of its iguoble breakdown has been that the

traders made tne huge mistake of thinking tliat the working-classes

of to-day were uo further advanced than those of fifty years ago,that they were still in an unedncated aud unenlightened condition ofmind, and that, as a result of their laok of knowledge, their minds

stiR rankled with avsrioe, prejudice, jealousy, and envy, snd that itonly needed the apple of discord to be thrown into their ranks tobreak them up into sections warring against each other, the result

being that the co-operative movement woulil crumble into pieces, but

they might have been aware, hail they been observers of what was

taking place around them, that, during the last fifty years, theworking. classes have made vast progress in s great many respects.They are now able to discriminate in all matters relating to theirinterests, and the experienoe of the last thirty years has taught them

that the Co-operative movement is one of the levers by which theywill be able to lift themselves into s position of industrial independ-

ence snd comparative comfort. The lesson of this virulent and mostunjnsti6able attack upon the rights snd liberties of the working-classstands out distinct and unmistakable. It is that they must learn torise superior to the petty pre]udices, jealousies, snd differences inopinion that still to some extent divide their policy aud action,and to solidly aud resolutely units their forces in support of the greatorganizations that have been reared by the expenditure of anenormous ainount of thought, labour aud self-sacri6ee during thepresent century, namely, Trades Unions, Friendly Societies, andCo-operation. "

WORKADAY LIFE IN THE FIFTEENTH CENTURY.

AI,L Che mcltimdiuoce activities cnd ecckteute of this intense common life werc

summed cp fot the people in the parish church that stood in their marketpiece, close to the Common House or Qitd HalL This wac the fortress of theOotocghegcicct itc enemiee —itc place of cetety where the treasure ot the commonswac etomd tc dangerous times, the etms tc the steeple, the wealth of cote or woolor ptectocc goods in thc church itself, gcerdel by a sentence of excommunicationcgcbtet cu who cbocld violate eo sacred c protection. Itc chticec were hang mthtbe etzccge ncw thiogc which English eeuore hed begun to bring cctocc the greatsess—with "horse ot uutcorue, " ostrich eggs, or wetruc tccttc, or the zib of ewhats given by Scbestiec Cabot. From the church tower, the beU rang out whichccued the people to crci for the common defence. oz summoned s commoocecembty, or proclaimed the opening ot the market. Butghcre bcd their scott intbc ehctch apportioned Co Chem by tbe corporation, in the same tack ccd order ccthe etetlc which hcd been assigned to them in tbe market-place. The city otgcctcend Cheit wives cet in thc chief places of hooom; next to them came ttedecmecmenaccording to their degree —"those Chat loved wotebip y-pctroked (cbct up) inpcwc, "where Wrath eet amocg the greet ladies who quarrelled ce to which oc, htm tecettc the Holy Steed dzct, white "appteutieet eud eetvectc sbcU cit or steed

ic ocg

lethe alleys. " There, on Bundcyc aud feast deyc, the people came to hestnews of importance to the community, whether it wec e list ot strayed h

erne o esz ccy

proclamation by the bcUitf of the peneltiec which hed been decreed in Ch

c rcye s eep, or a

Uoctt cgstuct offender. The church wee theit common hall. where thze ict e ccoz

mocettty met fot eU kiodc of bcstnecc, to audit the Coco accounts, to divide thce. wezetecom.

commoc feuds, Co moke grants of property, to hire soldiers, or Co electThere the coccci met an Sncdaye ot festivals, ec mi ht bett cuit the'I o e ec e mayor.

cute; co that we hear of e pcyment made by the priest to tbe coteci eit eonvem-

heit ccccmblicc Io e corporation to

It wee the uemzet place for justices to riit cud hear tates otw ie fg mace wee

cd eh~It. oz it night serve ec c bett where ditgcult legal queetiooe couldbe meed out by lawyers In the middle of the Sfteentb cEnt b hBmhop end the tdcyoz ot Emtez wctc Jc thc height of a Uctcc Ce t bo

en century, when the

8m~ment of th to~, th y met fot d'sccccioc in the cethed~ "When my

a cree contest about the

pmyem et the high atter he went cpczt to thc side alter by him-' acd m~ to b'm cl zt the mayor cnd uo mom. end there co~cued~ether e greet whucr Sod it wec on this common stoned that wce cppomtcdfoz Chc deco anil chapter on tbe one side acd the mcyoz acd town council on t c

ded by Cbch mcpeerive tewyctc, to ggbt out

to overflow from the Hiigh Btzeet into the cetbcdzetm o e cct precincts end were ever wontto tey open, buy and se)t d'ivers mezoheudtsee in tbc said

10 LINCOLN CO-OPERATIVE QVfARTERLY RECORD

church and cemetery snd special in the king's highway there as st Wells,

Salisbury snd other places more, ss dishes, bowls, snd other things like, snd in

the said church ornaments for the same snd other jewels convenient thereto. "In s draft presentation to s London vicarage of 1427, there is, indeed, a written

memozenilum with an order from the king tbst no fairs or markets shell be held

in esnctasriee, "for tbe honour of Holy Church, "but each aa order wss little in

harmony with the habits snd customs of the sge; snd if there wse an occasional

stirring of consoience in the matter, it wse not till the time of Land that the

public attained to s conviction, or scquieecsil, in sn suthzcitstive sseertion, that

the church was desecrated by the transaction in it of common business.

PARIS EXHIBITION, 1BOO

The Society has started an Agency for

Cook's Excursion Clu h.

PETERBOROUGH. —Eighty-sixthticsrter ended Sept. 27th, 1898.

s d

Sales. . .. .. .. 36,123 17 3eShare Capital .. .. 58,009 6 9Resene Pand .. .. 2,398 7 IDividend .. .. .. 0 2 0Aesete .. .. .. 67,444 2 34

Extensions of tbe Bakery sic being

made by thc addition of three pairs

of ovens, two of which sre to be used

for Confectionery. Farther extensions

are to be made immediately st theCentral Shores, the sccommodstiuafor the Fmniehing Depsrtmeat being

utterly inadequate for the trails. Thetrade exceeds that of the correspond-

ing qasrter by $3,969, the dividend

remains the earns. The rapid sound

growth of this Society hse been

accelerated by the holding of theCoagrees st Peterborough in 1898.

GRIMSBI.—hlusrter endedSept. '29th, 1898.

s

Sales. . .. .. .. 14,796 I 9Sham Capital .. .. 6,742 0 0

Loan Ditto .. .. 11,975 5 IResene Fend .. .. 1,048 14 8Dmdend .. .. .. 0 1 9

Ass etc .. .. .. 30,935 9 IThe basinees both st Giimsby anil

Cleethozpes is growing very rapidly,

se msy be gathered from the tnule

receipts being 55,142 in excess oi

those of the conespouding quarter.

i%os. 66 snd 68, Garibaldi Street, with

their outbuildings end yard com-

priiing sn area of 430 square yards,

sze seemed. f'or prospective extensions

of business premises. The newly-

eetablished Educational Department

is in full swing, the income for the

first quarter aiuounted to 524 14e. Od.

The establishment of s Branch of theWomen'e Guild is in progress.

KING'S LINN. —Thirty-ninthtlusrter ended Aug. 24th, 1898.

s dSales. .. .. .. 8,814 6 9Share Capital .. .. 2,090 2

Bceenie Fend .. .. 890 19Dividend .. .. .. 0 2 0Assete .. .. .. .. 5,490 11 6

The sales show an increase of $531over those of the corresponding

quarter lect year. The repmt states

that increasing business sh theCentral Stores makes the pwvision ofmore accommodation necessary. A

Clothing Department is now open end

malung good progress, ss ie also tbsnewly added Confectionery business.

LOUTH. —Forty-sixth tiusrierended Sept. 29th, 1898.

5 e 4Sales .. .. .. .. 2,157 16 6

Share Capital .. .. 8,224 7 11Reserve Pand .. .. 117 0 0Dividend .. .. .. 0 I 4Assets .. .. .. .. 8,890 IV 7

SCUNTHORPE. —Ninety-eighthQuarter ended Dec. 6th, 1898.

e

Sales .. .. .. .. 7,591 8 5eShare Cspitsl .. . . 10,681 0 9Beserve Fund .. . . 420 8 6Dividend .. .. .. 0 2 6

Assets .. .. . . . . 13,122 12 IfeThe repmt rsoorde greet activity

sud exceptional progress; tradereceipts sre 51,354 over the corres-ponding quarter, snd a new Bakerysnd Confectionery Department isabout to be opened. The member-

ship hse zesohed 1,824. The newly-

opened Butchery Department is doings trade of 5100 per week. ThisSociety's purchases from Co-opera-tive sources totalled 93,201 for thcquarter; locally, theh pmcbsees ofbatter snd eggs amounted to $470.

BOSTON.—Seventy-thirdQasrter ended Sept. 29th, 1898.

6 s dBales .. .. .. .. 7,698 11 10Share Capital .. .. 11,000 15 IRes ve Fund .. .. 240 0 0Dividend .. .. .. 0 I 3Assets .. .. .. 12,690 0 7

The sales exoeed those of the cor-responding quarter by 5509. TheCottage-pmehseing scheme is nowestablished, whereby members csnhave houses bwlt or 9nsnced forthem by the Society. The Sooietyhse won in s protracted lsw-suit bywhich it sought to uphold it arigh ofdzsiasge from the Central Storesthrough an adjacent property.

SPALDING. —Twenty-ninthQuarter ended Sept. 29th, 1898.

s dSales .. .. .. .. 921 9 11Shaze Capital. . .. .. 817 18 9Reserve Fund .. .. .. 18 0 0Dividend .. .. .. .. 0 I 6Assete .. .. .. .. 1,467 15 0

The eslee me the, highest in amountyet reached. Trouble is experiencedin getting members to settle their fort-nightly accounts at tbe end of thequarter, snd the Committee expresstheir' intentioa of realising from ShareCapital such ammmte ss are owing.This they have power to do by theIndustrial snd Pwvident SocietiesAot. No dividend is paid on sugar oroffsle.

NEWARK. —Eighty-secondhlusrter ended Sept. 17th, 1898.

e dSales .. .. .. .. 1,779 16 96Sbue Capital .. .. 3,204 1Reserve Pand .. . 35 0 0IYivid end -. .. .. 0 0 8Aseete .. .. .. 4,592 15 Ve

The redempBon account, establishedto meet the loss caused by the dis-honesty of tbe late SecretsW, hss beenreihcel from BI,577 to B855.

GLEANINGS FROM BALANCE SHEETS OF

NEIGHBOUEING SOCIETIES.

Personally Condneted Exenrsions to the GREAT PARIS EXHIBITION,

BySgggyscriip Ii fytf s ~ PER WEEK,

of'

Qr sucb other instaiinents as may suit Subscribers

By payiug 61 Subscziptions of I/- eacb, Members may leave Lincoln

on 6 Saturday Afternoon, spend Sunday, Monday, aud Tuesday in

Paris, where reserved accommodation will be scoured in advance.

Breakfast aud dinner each dsy, two admittauces to the Exhibition,

ail fees io servants, porters, ikc. , paid. Luggage conveyed on uzrival

and departure. Au excursion io the famous Palace aud Maguificcut

Grounds of Versailles. Guides, Iuterpretcrg, und conductuzg, asdso extra charpee.

Apply for a Prospectus at the Ofhce, Free School Lane.

NEWSROOM; LIBRARY; REFRESHMENT ROOM.

THE NEWS ROOM is open on Ifondsye, Tuesdays, sud Thursdays st 3 o'clocli

p.m. ; on Wednesdays st 6-30 p,m. ; on Fridays st 11s.m. ; snd on Saturdaysst 2 p.m. It ie closed every Evening st 9-30.

THE LIBRARY is open for changing boots; Monday, Tuesday, Wednesday,Frida, 7 tu 9 p.m. ; Fndsy, 1-30 to 2-30 p.m. , for Country bfembere only;Saturday, 6 to 9 p.m.

THE REFRESHMENT ROOM is opened st 11-30s.m. , snd closed st 7-80 p.m. ,except on Wednesdays when it is closed st I o'clock.

"ONE "ONE

AND AND

ALL" ALL"

Ilegeteble end Flower SeedsAzc on Sale at the Central Stores aud all thc Brsuchcg, in convenient

PENNY PACKETS bearing coloured inuatrstioua aud full

dhrecthous fuz gowmg.

SPECIAL IIIQTICE.

Arrangements have been made whereby members may in future be

supplied with ALL KINDS QF DRUGS at

Messrs. EATTLE, SON, dg MALTBY'S,Druggists, Stonebow, Lincoln,

on the same tcnug 88 arc given by oCher Druggigta in thoSociety'8 List.

LINCOLN CO-OPKRATI7E QUAII TKIILP ItgCOIID

FIIRNI$HING I,'

DEPARTMENT.

TAILORING,„

QEADY-MADES,

GENTS' OUTFITTING

AND FANCY

THE GREAT INCREASE IN THE SALES OFTHIS DEPARTMENT is the best evidence ofthe Members' a Preciation of the assortment of the

Stocks and its value.

WE HAyp several times enumerated, in these columns, the Goods stockedin the Department, sc that they must be fairly fainiliar. Once more we beg toannounce that we keep every requirement of the HOCISEHOLD at lowestpossible prices, and any article, nct of ordinary demand, can be procured atshort notice.

Eindly bear this in mind ughen purchasing, and first inspect the Goods overed atyour olcn Shop.

The Society studies your interest, the Tradesman his own.~~+;Mw~e ~~ .~, ~~ o. +' o' + e 4» e e w 0'~i

Wc have a very choice assortment of WOOllen 0OOds for the coming Beacon,

from the very best known markets, including all tbc latest and most novel designs in

Vicunas, Worsteds, English, Scotch, and Irish Tweeds, West of England

and Fancy Trouserings. Serges of every description.

Latest West End Cut and Style. Superior Workmanship guaranteed.LAIDES' TAILOR-MADE COSTUMES A SPECIALITY.

MEN'8 TWEED SUITS, MEN'S BLA.CK and BLUE 8ERGE SUITS

fmm 18/6 to 35/-. of superior cnt and siylc.

BOYS' Sailor and Bymn Suits. BOYS' Norfolk and Hclbczn Suite.

YOUTHS' Rngby and Harmw 8nile. MECHANICS' CLOTHING of avery dcccription.

WATERPROOF COATS, Beady-made or to bfcasarc, in any style. A. gccd selection of

Ready-made, mclading the Cape Overcoat, Inverness, Albion, and ChcstcrScld.

DEPARTMENTS.Gents' Silk and Felt HATS in great variety (Trade Union made),

CAPS, 8HIBTS, COLLARS, CUFFS, TIES, HANDKERCHIEFS, UMBRELLAS, GLOVES,

PIPES and TOBACCO POUCHES, itc.

GENTS' SOLITAIRES, CUFF LINKS, STUDS, SCARF PINS.

GENTS' Fancy Wool and Merino HOSE and HALF HOSE. SHIRTS cnd PANTS of averts

description and quality.

BOOT III $HOE

DEPARTMENT.

Ae last year fear a RECORD 1'EAR in this

Dv Km g, g'

g gg g g D00tSthe Public to take notice that uge are note

offering better salus than efger in SXk9Our study is to sell Goods of the very best value possible to obtain. Yfc feel sure

we have that at present. If any of our Members think they cannot pet cheapBoots and Shoes at the Stores, we ask them to come and see.

CHILDREN'8 BOOT8, horn 1/11, aml cnr 8CHOOL BOOTS, in Button

7, S, 9 and IO, fmm 2/11, and NUGGETED, same Price. No better in the City

EFN'8, from 4, th and LADIES', fmm 3/11. COME AMD SEE I

Uilding Department,TANNERS' LANE, HIGH STREET.

CONTRACTING and ESTIMATES given for all kinds of BUILDERS' PORK.

DRAIN CONNECTIONS.Cabinet Work. Venetian Blinds. Upholstering. French Polishing.

Painting. Graining. Gilding, Writing, Paperhanging. Distempering,

UNDERTAKING and FUNERALS completely furnished.Materials of every description at reasonable rates.

Sinks. Sanitary Pipes. Ash Tins. Garden Edgings. Chimney Pots. Lime.Cement. Plaster. Parian. Granite Chippings. Minton Tiles.

TIMBER of all kinds, Mahogany, Walnut, Bcc.

PAINT. ENAMELS. VARNISHES, and all kinds of GLASS.

UNDERTAKING and EMERGENCY WORK, ouRING GLosED NouRs oR NouoAYs,

WILL BE ATTENDED To BY APPLIGATION To 39, FOSTER STREET.

DRAPERY AND %ILLINERY DEPARTSIENTS.

Important Announcement.

OUR NEXT

earance ae%ILL COMMENCE ON

MONDAY, FEBRUARY 13TH, 1899,And will be continued during that WEEK QblLY.

ALL GOODS REDUCED.

CLEARING LOTS.

SPECIAL BARGAINS

REMNANTS.

We have also added several Stteclat Purchases to the Stock for this Sale,which will be found much below ordinal y value

//

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&~7/x p~ zk W~ /Ii)" ~g ~&E&

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„',%WE~&' H,&WE~ ~ f: . 0 ~ cap~

8'l. l4. ', / p~~g g~ (/"' QN:

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pp gpss MISSthe Sooiety's Flower, Fruit ahd vegetable Show,

JHLYin the Corn Exchange,

31

THE LIECOLE E9U!TABLE CO-OPERATIYE IEDUSTRIAI SOCIETY, LID. I'.

REPORT R STATEMENT OF ACCOUNTS ih!l

IsFor the 1Mth Quarter ended April 8th, 1888.

I

-"ijjj jj!I IE it~ I I I I It S—'

. ..=

. -!!Il'i-l-It' tees% tl e —.

'is

IIl' Ulto

r — E

/

I!II

III

)

'E

CENTRAL —SILVER STREET AND FREE-SCHOOL LANE FRONTS.

t

t

-. !

SUB-CENTRAL, HIGH STREET. MILL AND BAKERY, WATERSIDE NORTH.

"SLOW BUT SURE." "UNION IS STRENGTH"

Xiifcatif OIIIIIitabif Ota-aIIfratitff )IIIIIIStrifII stacictiii IL'ttf. ,ESTJLSLISHKD 1861.

Reftistemed under the Industrial and Px'osrfdent Societies' Act, 11893.

OBJECTS OF THE SOCIETY.—First, it pf'ovides its Members and the General Public Edth Bread, Flour, Gl'ocery, Provisiong,Drapery, Clothing, Boots and Shoes, Butchers' Meat, Coals, Crockery, Hardn are, Furniture, dc,

Second, it seeks the Domestic, Social, and Intellectaal advancement of its Members.

Annual Business, over 4192,000. Number of Members, 9,180. Share Capital, F113;5574s. 10d.Loan Capital, Z20,364 5s. 4d. Reserve Fund, Ã6,420 10s. 5hd.

Bankers: THE LINCOLN AND LINDSEY BANNING COMPANY, LIMITED; THE CO-OPEBATIVE YVHOLESALE SOCIETY, LINHTED,and the NATIONAL PEOYINCIAL BANK OP ENGLAND.

THE REPORT ANII BALANCE SHEET FOR THE 150th QUARTER,ENDED APRIL 5th, 1899.

Drspsry. Beats a Shoes. Tailoring. FamishingB1,902 B600 B575 B900B231 B322 B154 B164

Qrccsry

B9,450

B379

Pamhsses from the Co-operstive Wholesale Society. ..from other Co-operative Sources

Valse of Goods produced snd grown by this Societyknimsls Slaughtered during the Quarter 1—Besets, 121; Calves 7; Sheep snd Lambs, 364; Pigs, 307; Total 799.

TctsL

Bf3,427

B1,250

Bf3,075

Central Stores and 08688:—SILVERNo. I Branch —BnkCEBSIDQR.

8 „ BURTON ROkD, LINCOLN.8 ,. SHkKESPRARR STREET, LINCOLN.4 „ RIPON STREET, LINCOLN.6 „ WELBOURN.6 „ KSTHRRINGHkllf.I „QBEkT NOBTHEBN TERB1CR, LINCOLN.8 „88XILBV.8 „Bk66HGLEE BOkD, LINCOLN.

STREET at FREE-SCHOOL LEYTE, LINCOLN.Nc. 18 Brcach—NRWLkND 8TBRET WEST, LINCOLN.

11 „BkBDNEV.18 „NORTH STREET, HOBNCkSTLE.18 „SOUTH STREET, 8LEkFORD.14 „HIGH STBRRT, LINCOLN.18 „UNION STREET, KkBKRT BkBRN.16 „BkSSINQHkhf.lf „BEEPHklf.

BUTCHERY BRJINCHESNc. I, RIPON STREET; Nc. 8, GRR8Hkhf STRRE1'l Nc. 8, BURTON BOkD; Nc. 4, HIGH STREET; Nc. 8, BkGGHOLlfn BOkD.

The QUARTERLY MEETING will be held in the LARGE HALL, on MONDAY EVENING, INAY 1st, 1II99.THE CHRIS WILL BE TBKZH BY THE PHESIDEBIT, RT HELP-PRET SEVEN O'CLOCK.PItOGItJIMMjr OP 15USIKESS.

hunahs cf last Qasrtcrly hfmting.admission of Nsw bfsmbsm.

a Bspcrt and Balance Sheet.4. Sahsripiioa tc ths Ncttiaghsm Institution for tbc Bnnd.6. Ncminstions for Prssdcut, ~,Scccshsy, Three Ccmmtttscmra sndTwc kaditcrs.

Proposition by birs. Hcdgstt, "That sll kcccunts cwiog tc the Society st thssnd of each Quarter bs shswn on tbc Balance Sheet aV. Henry Caine Esmcrisl Fend. Ikppeal for s Subscriptio 08. kny othe business.

Lincoln Equitable Comoperative Industrial Society, Limited.

COMMITTEE OB' MS'.GEMENT'hfr. WAL HEWSON, President .. .. 26 'hfr. J.W. CODIJNG. . .. .. .. .. 2i) Mr. BOBEBT FISHER

hlr. WEL COULSON, Treasurer . . .. 26 *Mr. GEO. SHARPE .. .. .. .. .. 2o

htr. DUNCAN hfcINNE8, Secretory ., 24 hfr. hf. 8MALLER .. .. .. .. .. 26 'Mr. FRANKhfr. W. B. HOWARD " .. .. .. 26 hfr. WhL TURNEB .. .. .. .. .. 23

Aoorroes —Mr. JAS. ORANGE, 'Mr. J. B. BENDER, 'Mr. W. P. ARhfSTRONG. Cssmee —hfr. FRED 8TRPHENSON.

Retlrieg hfembere, each eligible for nomination. 26 Committee Meetlege bere been beld during the Quarter.

26

os

BQQTs

BUTONSNI

BUILUINGS

COIL

DEPARTMENTAL COMMITTEES.Mesere. COVLSON, CODLING E SHARPE. Derrser A Tiiroeiso .. hfeeere. FISHES, TURNER A 8WABY.Messrs. HOWARD, SHARPE S BROADBERRY. FININON .. .. . . .. Messrs. McINNES, COULSON A HOWARD.Meeers. CODLING, ShfALLER A HEW8ON. i Geocssz .. .. .. .. Messrs. SMALLER, HEWSON A BSOADBERBY.Messrs. HOWABD, CODLING A FISHER. 80ILING A Lrve 8roox. . Meeers. SMALLEB, HEWSON A SHAAPE.

Fiem»G .. .. .. Meeere. SHARPE, FISHER, TURNER n SWABY.

To THE MEMBERS,COMMITTEE'S REPORT.

We beg to submit to you the 150th Quartezly Report snd Balance Sheet. The total amount received for Goods soldduring the Quarter is 847,120 14s. 10d., being an increase of 6527 10s. 8d. over the corresponding quarter of last year.The net profit on the Quarter's business, including 845 2s. 7&d. brought forward from last Quarter, is $5,459 4s. 94d. ,whish sum will allow 61,462 6s. 0+. as Interest, 88,875 Os. Od. as Dividend, being ls. 66. in the 8 on Members'

Purchases, snd 625 6s. Bd. being Bd. in the 8 on Purchases of Non-Members; 6210 lls. 6d. being 2JJ per cent. per annum forDepreciation of Branch and Cottage Property; 4150 16s. Od. being 10 per cent. Depreciation of Fixed Stock; 855 176. Od. being5 per cent. Depreciation of Milling Plant; E59 18s. Od. for Educational Purposes; $15 Os. Od. for Workmen's InsuranceFund; and 8104 96. 7d. serried forward to next Quarter. 249 Persons have joined the Society within the Quszter, 140 have

withdrawn, snd 19 forfeited as per rule, making the present number 9,180, being an increase of 80 over last Quarter.

Continuously increasing business at High Street Branch has at length necessitated delivery of goods by van. The sales are8497 Os. Od. in excess of those of the corresponding quarter last year.

For the convenience of the Society, it has become necessary to transact part of our business st another Bank„' the name of theNational Provincial Bauk of Englaud appears therefore for the 6rst time, together with that of the Lincoln and Lindsey BankingCompany, and the C. W. Society's Bank, on the front page of the Balance Sheet.

We are asked to extend the Hide, Skin, Fst, snd Wool Company's Market, held on lease from the Society, to cope with theirincreasing business, and have decided to do so ss soon as arrangements satisfactory to the Company and to ourselves are concluded.

Mr. Skepper, who has been for many years in the Society's service, lately as Branch Manager st Brseebridge, has resigned theposition in consequence of increasing years and failing health. As a diTigent and fail'hful employee he has earned the confidenceand esteem of the Committee, who regret that, within the Co-operative movement, no fund exists out of which sn allowance could begranted to employees such as Mr. Skepper, on their retirement after long and faithful senrice.

Mr. Skepper is succeeded at Bracebridge by Mr. J. W. Button, from Metheringham Branch; and his place has been filled by Mr.G. Maddison, one of the oldest employees at Welbourn Branch. We trust to have the support of the members for the new managerat each place. At Brscebridge alterations will be made to give increased shop accommodation as soon as the plans for the same areapproved by the local authorities.

We sre glad to notice that increased facilities for the supply of coals and the exceRent value given sre causing increased sales inthe Coal Department. We have no doubt whatever about being able to compete in pzice or quality, wholesale or retail, with any localCoal Merchants, and we aslz all members who aze not trading with the Society, to give the Coal Department a trial fpr six mpnthsand judge for themselves.

In view of recent local disclosures in respect to the killing for food, of animals affected with tuberculosis, anthrax, and wsstinodiseases, we earnestly request our membem to con6ne their purchases of meat wholly to the Society, where they will run no risk ofobtaining any meat of inferior quality. The Society sells no second-class meat and no foreign meat,

Arrangements are being made for the outing for Juvenile Depositors in the Penny Bank, pn May 27th st North Hykehsmthe Society's farms will be open for inspection from 8 till 7 p.m. , we expect to witness a large attendance pf me~b~r~

The Building Department Workshops are well supplied with orders, partly for work secured by tender and parHy bfurnished froin within the Society. Plumbing is s branch of work entered into since our last report. advances tp M~~be'rs to purchashouses are beingmadetoaiuuchgreater extent thanprevipusly, E2,848 having been allocated to that ptnppse during last qatarAs stated at the Annual Festival, we are prepared tp accept applications to the extent of 61fl,000 pez quarterbeen made with the Co-operative Wholesale Bociety foz that purpose.

CXSH IkCCCUNT.

5 8 d 5 84,472 11 11

DISBURSEMENTS.By Balance owiag to Bsoks .„finouav Psm soa Goons:—

RECEIPTB.To Cash in Bent snd in Hand„Sale of Goods, Central, Grocery ...~ "...."" 4 90

Drapery srul ifillinery .. 2,757Boot snd Shoe ........ 1,736Butchery ... ........... 4,151Hides, Bfdns, Pat, dm. .. 401Coals ................ So4Tsiloriag snd Outfitting 1,574Furnishing ............ 1,440

Mtth. . ....................... 11,50Building Depsrnnent ....... . .. 498Gregg Hall Penn. . . .. ........ 10Brecebndgs, No. I Branch. ..... 1,477Burton Road, Nc. 2 Branch .... 1,728Shakespeare Street, No. 8 Branch 1,203Ripon Street, No. 4 Brsnoh .... 1,854Wslboarn, No. 5 Branch. ....... 2,870Metheringhsm, No. 6 Branch. ... 1,576Greet Northern Ter. No. 7Branch 905Ssxilby, No. 8 Branch. ......... 1,071Bsggbolme Road, No. 9 Branch. . 1,944Newlsnd Bt. West, No. 10 Branch 1,812Bsrdney, No. 11 Branch. ....... 1,217Horncsetie, No. 12 Branch. ..... 1,493Sissiord, No. 13 Breach ...... .. 2, 147High Street, No. 14 Branch .... 3,266Market Rssen, No. 15 Breech .. 1,176Bessingbsm, sfo. 16 Branch .... 734Reepbsm, No. 1V Breach ...... 733

„Baleof Cosls-No. 1 Brsnsh. . 5 81 8 0 No. 10 Branch. . 8123No. 2 „.. 139 o 9$ No. 11 „.. 18Nms „.. 91 18 8 NO. 12 „.. 169No. 4 „.. 124 19 5 No. 18 „.. 119No. 5 „.. 24 11 5$ No. 14 „.. 170No. 6 „.. 62 10 Vd No. 15 „.. 3No. 7 „.. 3412 8 No. 16 „.. 4No. s „.. 34 13 3 No. 17 „.. 34No. 9 „.. 187 9 6

5 8 d214 9 8

s d

8 7$1S 11$9 3$

11 019 66 11$V lg4 8

18 016 50 07 st8 5

13 04

17 2$16 019 118 20 2

17 112 4

17 11$17 111 1010 417 810 3$

14,044 19 98,675 171,935 0 14,823 1 91,199 12 4I 170 14 61,388 2 107,449 15 111,165 11 11

3516 858 11 3

852 19 061 15 5

„Gneery„Drapery sad Millinery ...„Boot and Shoe„Butchering„Coals. ...„Teitoring sad Outfitting .„Furnishing„Plom' ifill„Building Department„Hykehsm Farm„Gregg Hell Farm„Carnage of Goods .......

37,861 18 'IWsaas BOB PBODUOTIVB IIIBOUB:—

„Grocery„Drapery snd hfillinery ..............„Bootsnd Shoe„Butchering ...........„Tailoring snd Outfitting„Buildieg Department„5mlere„Hykehsm Farm. ... ................„Gregg Hall Farm

283 19 7104 7 11149 1485 10 0

275 7 5830 19 6801 6 7

54 16 527 8 0

2,113 5 I„Wxsas roa DIsTBIBUTIVE LIBOUB:—„Grocery„Drapery snd Millinery ...............„Bootsud Bhoe„Butcheriag„Tailoring sad Outfitting .............„Furaisbiag„Coals„Office

488 8 2182 17 099 11 0

154 18 696 I 6

106 19 4170 2 11160 7 4

10 7$7 37 7

16 ld12 012 7$16 114 0 1,454 0 9

Conlsissiou IEO Wxsas xT THE BBxucuas:—No. 1 Branch. ... $37 9 8 No. 10 Branch. . ..No. 2 „.... 8313 0 No. ilNo. 3 „.... 36 2 0 No. 12No. 4 „.... 46 8 0 No. 18No. 5 „.... 140 15 I No. 14No. 6 „.... 114 4 0 bo. lsNo. 7 „.... 2214 0 No. 16No. 8 „.... 33 7 0 No. 17No. 9 „.... 89 19 4

„Withdrawals from Bhare CapitalLoan Capital. ................... .Penny Bank

8 gdditions to Pixed, Rolling, snd Live Btoct ficcount„fidditions to Building descant, Market RssenNew Boulihsm

„ Iuvasvsmuvs I—„Shares in Paisley Msaufseturing Society

Co-operative Watch Bocieiy ............Co-operative Cutlery Society ............Lest Silt Society

„ Interest ou Branch bfsasgsrs' Bonds ............ ...„Horse Keep ..„Non-Membem' Divalsnd oa $967 at Sd. in the 5„ fidditions to Membexs' Property fiocount. ....... .....„Educational Great„Provident Club .„Rams I—

R8eph8IB„Field (Market Raven). ....... ..................Ceotrsl

$39 5 056 11 078 13 0

139 16 3161 17 878 2 681 18 082 10 0

47,120 14 104,814 1 91,867 9 4

„ fidditions to Share CapitalLoan Capital

„Deposits in Penny Bsnk-Centrsl. ... $1,223 13 11No. I Branch. . 24 18 11No. 2 „.. 26 811No. s „.. 18 12 6No. 4 „. 910 8iilo. 5 .. .. 22 2 11No. 6 „.. 7 0 5No. V „. 8 9 2No8 „.. 8 9 5

No. 9 BranchNo. 10No. 11No. 12No. 13No. 14No. 15No. 16No. 17

8 1 2 511 11 1910 8

4014 48 6 0

35 5 817 8 10

6 5 43 9

1,123 5 I6,341 4 41,198 16 1

769 1285 10 0

262 5 ll264 0 0

1,477 14 11684 6 2

1,244 11 016 12 810 0 050 0 0

8 9 0

„Deposited in Pmvidsnt Club„Repayments from House Purchasers —Mem„Management Expenses„Insunmce Fund„Managers' Bond fiocount„Sale of Live Stock„Rents, Central .

NewportShakespeare Street ............., ..Ripon Street. ...................Gss Street. .......................Sincil Terrace .....................Greet Northern Terrace. . ...... .....Kesteven StreetChelmsford StreetTsnners' Lans snd High StreetSincil BanksHorncsstleJohn StreetBsggholme Bosd. .....Florence StreetBelmont Street

bere' Property ficcountditto.

526 5 11

217 9818 80 18 10011 08 0 0

5 1 6314 0514 65 9 0

20 8 0514 0

10 19 620 6 6617 0

29 7 61 5 07 1 0619 9

29 14 015 0 0

8 6 88 7 6

239 12 432 4 8

2,84S 14 116311 8

7 610315 0

17 10 05 0

2310 0Gauaass Exsmmas ~

„Committee snd Sacmtary 8 fbdary„ fiuditors' Sslruy„Stocttsldug, ExtendhM„ Insarsace ..

rintfng, Stat onery and fidveigringo age StamPs and Cheque Books„Repairs,„Rates snd Taxes .„Gss

Delegates Expenses„Travelling Expenses„Beige Commission and Interest

SUBSOBIPTIOBS I„Co-operative Union.

Gladstone Memorial Fund„International Co-operative alliso. 9 District bfidlsnd Section Co-o ti8-opera vs Iimon

„Cash m Hand

3812 61815 081 5 78417 171 0102818 1

382 19 11243 9 8187 16 8

5 2 05 0 7

70 5 11

IVSH 812 9 0018 30 8 6

4 7

, EntmnceFees .~ """"~ ~ ""., Tmusfer Peas. ......~ ~ ~ ~ ~ ~ ~ ~ ~ ~

„Nomination Pass ......„Sale of Rules, Cards, and Cash Books .. ..„Interest Co-operative Wholesale Society„Dividend

56 5 2. 271 0 0327 5 212 2 0212 6517 0

21 0217 9318 80 18 10011 05 0 0

24 10 08,253 10 I 9

'

560,825 4 10

„ internet and Dividend Hebdsu Bridge Fustian Manuf. Societyfiiredsle Worsted BoeietyDudley Bucket and Fender SocietyLeicester Hoiiery SocietyPaisley Msnufsclaring Society ........Co-op. Watch Manufsatnring Society ..Co-op. Cutlery Soaiety

I,cek Sdk SocietyWilliam Thomson + Sans, Limited ................Lincoln dr Lindsey Banlr Shams

„Bent Balances .

5 0 0IO10 O2 2 0110 0

6 61,041 6 11

408 4 10$

B60,825 4 10

4 FINANCIAL STATEMENT ftom Januaty 4th to April 5th, 1899.

Dr. SHARE CAPITAL ACCOUNT.

To Withdrawals„porfeite on Withdrawals, deducted from Pixed Stocb„177Deposits ho Building Account, at ss. each. .....„Fines„AUowed for Interest aud Dividend, but not rafufrsd„Present Claims of Bombers. .

6,341Accomrt .. 9

446

10. 113,557

s d4 4

16 55 0

16 30 114 10

By Capital as per last Balance Sheet„Interest on 149th Quarter„Dividend on 149th do.

Contributions .

2 s 4110,954 I 0

1,120 0 03,681 5 04,214 1 9

To Withdrawals .„Present Claims

$»9,969 7 9

LOAN CAPITAL ACCOUNT.

2 s 41,193 16 1

20,864 5 4

$21,663 1 5

By Loans se per last Balance Sheet .. .„Interest se per lash Balance Sheet„Contnbubons

$119969 7 g

Cr.s d

19511 2»1st 9

1867 9 4

221,563 I 5

FIXED, ROLLING, AND LIVE STOCK ACCOUNT.

Previoas Additions Additions by Society's Total Depreciation AUowed bv last prom Sale of Live andCost. this Quartet owu Wcrlune. Cost. previously spowed. Balance Sheet. Pace, kc. Pized Btoch.s d 0 s d 2 s 6 8 s d 2 s d. 2 s 4 8 s d 2 s d14.937 18 4 285 10 0 50 I 4 15,273 9 8 9,056 5 11 147 0 0 80 8 5 8 9 0

Total BslsnoeDepreciation. Nominal Value.8 s d 8 s9,242 3 4 6,P81 6

MILLING PLANT ACCOUNT.

PreviousCost.

8 e d6,860 19 6

Additionsthis Quarter.

e d0 0 0

TotalCost.

s d6,860 19 6

Depreciationpreviously sUowsd.

s d2,406 7 6

AUowed by lastBslsace Sheet.

s 455 15 0

TotalDepreciation.

8 s2,462 2 6

BalanceNominal Value.

k s d4,398 17 0

Dr. RESERVE FUND. Cr.To Balance

e d6,420 10 5I By Balance ss per last Balance Sheet .. ............ g seg p„ Interest on Linooln 8 Lindsey Bsnh Shares ..., ,... , ... , 24 10 p

Dr.

26,428 10

MEMBERS' PROPERTY ACCOUNT.

k6,420 10

Cr.s d

To Iimount sdvsncal on Property ss per lest Balance Sheet. ....... 28,518 17 5„Advanced this Quarter 2,848 14»

281,367 12 4

By Bepaymente ss per Cash Accomrt„Less Iatereet

„Bslsnoe omag to Soaety

s d 81,244 11 0

311 5 I933

~ 30,434 6

Dr. LAND AND BUILDINGS ACCOUNT.

Property.

Central Stores ......Brscebrtdge ........NewportSbshsepeare Street ..Bipon Street. .......Welbourn ..........bfetherfnghsm. .....Gt. Northern TarmacSaxilby ............Bsggholme Baal ....Newlsnd Street WestBsnlneyHornosstfe. .........Blesfozd. ...........High Street ........hfsrbet Bsssn ......Bsssinghsm ........Pres School Lanethee Street. ...........Waterside Nozth ......Sinoil Terrace ........Kesteven StreetNorth Hyhebam'(Perm)Chelmsford StreetGresham StreetSincii Bmdr ..........John Street ..........Winn Shraet. .........New Boultham. .......

Previous Cost.s d

23,279 2 5639

1008 2 11698 17 6

1,239 18 31,8651,928 6 6

eos 5»819

1,861 16559 18 »

1,789 8 2I&07 15»2,840 6».222 13 53,042 61,889 5 6

598 16276 4 11

16,074 18 91)286 15 9

564 131,880 171,142 13

gss 18 02,9OS 16 10

500 0 03@35 15Ope

12 8 7262 5 11

581 15 2964 0 0

Addi+iona Additions bythis Bociety's own

Quarter. Worlnnen.2 s d. 4 s d

Total Crah.2 s d

23,279 3639

i,oos698 IV

1,239 18 31,865 51,998 6

9OS 5»819 3 6

1,851 16 0559 13 »

1,739 81507 15 102,84O 6

»,2353,304 121,889 5 6

593 16 0276 4 »

16,074 131,986 15

564 131,880 171,142 13 6

ggg 13 02,9O8 16 10

500 O 04,117 10 4

O 0

Deprecfshbmpreviously aoowed.

4 d3,450 18 I

189 6 9287 1/I 7202 17 6361 12 9870 18 9387 0 0228 13 »214 8 6260 2 0168 8 »198 9224 18524 6476 13 7

79 10 2194 5 6181 4 084 9 11

1,284 4 6864 16 9105 15 7267 0 8182 9 648 V 0

376 3 42411 025 17 6

ABowedlash Quarte.

6 s d22 0 0216 6410 48 2 0510 69 1 0912 64 5 0316 0616 6910 0918 08 0 4

1410 025 19 1018 10 67 4 0212 0I 5 0

22 5 05 9 0217 6

10 2 06 0 0116 0

1516 63 0 0

21 18 9

TotalDepreciaBon.

s d8,472 18 1

192 8 3292 6 11205 19 6867 8 8879 19 9396 13 g232 18 11217 19 g266 18170 13 11208 2 2232 18 IP538 16502 13 598 O 8

201 9 6183 16 0

85 14 111,306 9 6

870 5 9108 13 1277 2 3188 2 650 8 0

391 19 1027 11 047 16 8

PresentNominal Value

B s19,806 4 4

446 18715 16 0492 18 p872 15 0

1,485 6 p1,526 14

672 7 p601 4

1,084 17389 0 0

1,5311,274 17 p2,30l 10 0

10,732 8 73,206 11 51,137 16 0

410 0 0190 10 0

14,768 4866 10 0456 0 0

1,608 15 0954 11 0283 10 0

2,516 17 0472 9 0

4,069 14 1264 0 0

*7, i 9$85&029 9 4 B526 5 11 $594 8 9 286,149 19 0 $10,764 9 7 2250 19 g 2»,015

Dr. GENERAL 8TATEMENT Cr,

To Share Capital„Loan Capital„Penny Bank Deposits.„Reserve Fund„Branch Managers' Bonds„Congress Pand„Incnrsnce Funds.„Workmen'e Incmanee Fand„Provident Fund„BeakBalances„Balance

.113,55720,36413,624

6,4201,244

20IV9280989

3 2586,459

e d4 105 42 8

1011 20 03 I0 0

11 910 94 9

c d2,412 9 94,605 9 22,911 8 5

588 14 619 12 9

3,959 14 42,718 10 112,739 15 11

754 6 7191 7 6301 0 0284 5 9815 15 0

1,878 16 4894 8 6276 12 0884 16 8846 0 6268 5 0790 10 8689 6 5

1,206 9 82,894 8 21,497 5 9

456 17 6921 17 0

3,108 12 7

By Stook, Grocery ....""""~ ~ ~ .Drapery sod hSllinezy.Boots snd Shoes ~ ."~ ~

Butchering. ......""".CostaTsdonng and Outdtbng

Building Department .... ..FarmsNo. I Branch ............No. 9No. 3No. 4No. 5No. 6No. 7No. 8No. 9No. 10No. 11Na 19No. 13No. 14No. 15No. 16No. 17hfiS.

„Building snd Lend Scaount„Members' Property Account ..„Pized Stock dccount„Milling Plant dccount„Shares in Co-opezsiive Wholesale Society, st 5 per cent.

Hehden Bridge Fustian Society, st 5Co-operative Insurance Company, at 6Co-operative Printing Company, st VdCo.-op. Hosiery hianufsctaring Soc., st 6Paisley Co.-op. Msnufsotuzmg Soc., st 6hLondon Productive SocietyThomson d Sene' Productive Soo., st 5 per cent.Co-operative Newspaper Society, st 5Dudley Bucket snd Pander Society, st 5Airedale Worctcd Society, st 10hfidlsnd Tinplste Workezs' Society. ...............

. Slcester Needlemakers' Society, st 5 per cent.ShefSeld Cutlery Sooiety, st 5BrownSeld's Guild Pottery Society. ......... ., ....MsccleeSeld 899 Msnufeetarmg Society. ....... .. ..Leek Bilk Twist hfsnufsetnring Society, at 10 per cent.British Pmduoe Sapply dssociation, IelmitcdLincoln Hide, Skbr snd Pst Company, LimitedBurton, Pmctor cr Co., Limited, at 4 per cent. ..Long Baton Engineering d Cycle Co., Limited. ... . .Coventry Co-operstive Watch Msnufcctuzing Society

„Reserve Pand Invested.„Lincoln Corporation 8 per cent. Rwleemable StaCk 9,410 0 0„Ruston, Pmctor rh Co.,Ltd. , 4A percent Debentures I 836 5 0„Rohey 8 Co., Ltd. , g per cent. Debentures. ..... 1,255 0 0„Lincoln snd Lindsey Banking Company, Limital,

Old Shczes. ............................. 2,294 10 0

„Cash ia Cashier'c Bands

35,705 11 1175,134 9 880,434 6 5

6,081 6 44,398 17 04,380 0 0

20 0 050 0 025 0 0

600 0 0115 2 810 0 0

100 0 010 0 030 0 090 0 025 0 011 16 730 7 650 0 050 0 012 2 075 0 028 0 0

300 0 026 12 1016 12 5

7,295 15 0406 4 109

$165 392 4

Dr.$165,392 4

PROPIT AND LO88 ACCOUNT.

To Bs'ance Dispossbli .. s d5,414 2 2 By ProSt, Grocery

Drapery snd ISllinery ....Boot snd ShoeButchery. ........... .. ..Tailoring sad Octdttfng ...Furnishing. ........... ..,Building DepartmentNo. I BmnchNo. 2No. 3No. 4No. 6No. 6No. 7No. 8No. 9No. 10No. 11No. 12No. 13No. 14No. 16No. 16No. 17

c d958 6 5$821 0 1$289 16 ld404 12 5209 8 94168 9 49201 I 0

810 398 3

184 8 889 6 I

152 9208 11 10

68 10 5$53 9 I81 14 9

145 14 891 8 983 11 I

105 8195 2 IIS357 13 988 9 Vd23 9 236

286 13 8

„Rents ss per Cash Account„Rules, Cards, snd Cszh Books„Interact from Members' Pmpczty dcmuut. ..... .. .......snd Dividend, Coepemtfvc Produc tee SoCetfeeCo-operative Wholesale BoCety. ................„Management Nzpenses Members' Propmiy ceount

4,792 5176 11 '8

6 4 7'

311 5 I54 18 556 516 12 8

25,414

Dr. PROPOSED DISPOSAL OF PROFIT.

e 4To Interest on Share Capital .... .......„ Interest on Loan Capital. ....... .....„Interest on Penny Bank Deposits .....„Interest on Btsnch Managers' Bonds

„Dividend on $45,000 et I/6 in the 8 ...............„Non-bfembers' Dividead on 2764 at 8d. in tbe g„gfper cent. Depreciation ol Branch A Cottage Property„10per oent. DeptcoiaGon oi Pixcd 8toek ..........„6per cent. Depreciation of RSIing Plant. .........„Educational Grant, 1$ per cent. of Net Tmde ProSt„Worlnnen's Iaemsnce Pand„Cerned iorwazd

8 e d1,140 0 0

184 I 5192 19 1$15 5 6

1,4628,875

6 0$0 06 8

910 11 6150 16 0

65 17 0417 4 6

59 18 015 0 0

104 9 7

$5,459 4 9I

By Balance fmm Prodt snd Loss Account .......... 5,414fmm last Quarter ................. ... 85

„amount aRowcd last quarter lor Interest sndDividend but not required ... ............ 10

e 6, 6 e d9 91 Si

0 115,459 4 9h

Audited aad lound correct, April 20th, 1899.JAhlE8 ORANGE,J. B. BENDER, 4uditcrz.W. P. ARMSTRONG,

25,459 4 9$

EDUCATION~ COMMITTXK.

'Mre. J, BALLMr. D. WORTH

'Mt. T. HARDY.

Mr. J. lKOORE, President ................ 9 'Rr. W, LOVATT ............... ......... 6Mr. G. BACON, Treasurer (Ill} ... ......... 5 Mr. G. E. BECK .... , ........... , ...., ..

'Mr. E. H. THOblPSON, Seotetsry .... .... 9 *Mm. 8. J.HODGETT .................... 9*Mr. C. TREAVETT. ............... ...... 9 Mre. M. A. DRING .. ........ . . .......... 9

Tbe Sguree after the namee indicate tbe Number of bfeebngc attended, 9 having been held.

' Retiring Members, each eligible for election, except bfrc. H odgett snd Mrc. Ball, who do not ecole re-election.

The Csndinstee nominated sre;—Bell, Hemy; CoRey, Kate ERen; Hszdy, Thomas; Harris, George; Lane, Henry Miles; Lovstt, William; Mcwer, GeorgePrcderick; Thompeoa, Edwszd Henry; Treavett, Charles; Young, Alfred Prederick.

bfembere mast NOT vote lor more than Siz Csndidstee.

Dr. EDUCATIONAL DEPARTMENT.

To Balance forward„Qusrierly Grant ...„Qcsrtezly Sale of Papers„Cards, Catalogues, snd Pines

from Branch Library.„Hire of Piano .

INCOME

SARAH J.HODGETT,}4~it

GRO. E BECK,

e

0 363 111 71 141 00 2

$67 19

d

831586

EXPENDITURE.By Newspapers, bisgssiuee, dc.„Librsrisu'e Salary„Printing Account. .„Secretary'e Poetsgee.„New Books„Cleaning.„8!ationery Account„Lectoze, Linooln. ....

hfetberiugbamSsxilby ..Digby. ,

„Concer!a .„Small Accounts„Balance forward

e d12 8 6815 0217 I0 4 si

29 2 7019 6113 7113 0016 2016 8I015 3116 70 17 I)5 4 9$

$67 19 7

1ha QUARTERLY RENTING will be held in the SCHOOLROOM, CSYTHORPR, on PRIDAY, kPRIL 28th, st 7-15 P.m. Reyrmcmtsttve, Mr. REVISOR

Relbouzn Branch Committee —bfr. B. Gsdd, Nsvcnby, Chainoan; Mt. J. Gmy, Lcsdsnbsm, Secretary; Mt. J. 8harPe, Mr. W. Bunniag, }Nz. B. DatcyWelboum; hlr. T. Codd, CsythorPe; Mr. Hy. Codd, Wellingotel bfr. J. W, Holmes, Navenby; Mt. J. Pbrttem, Bootbby; bfr. D. B. Ablcwhfte Colcbyldr. J. 8mitb, Hsnneton r bfr. T. Scofbne, Nommnton; Mn G. Wright, Palbeek.

The Quarterly Meeting will be held in the Reading-room, RRTHERINGHAM, on PRIDSY, APRIL 29th, st 7 P.m. Reyrmeutattve, Mt. 8!7ARY

Retberlnghsm Branch Committaa —Rr. ES}sb Beynolde, Retberinghsm, Score!cry; Mr. William Bsldoolr, bfz. Arthur Lake, Mr. John Cmwel!, Methhsm r Rr. Arthur Wilson, Duneton; Rr. Charles Bsumber, Mt. Chsrbu BsSey, Scopwick; Rr. George Adeoclr, Mr, Charles Ogden, Djgby;Biehsrd Taylor, Blsnkney.

Bsrdney Branch COmmittee —Mr. G. RiRe, Bszdoey, Chattrmm; Rr. W C}sPhsm, Bazdney, Seetetary; Rr. H. Psrkee, bfz. G. Msddieon, Mr, T. Watson MrCotton, Bsnlney; Rr. T. Simpson, SoaCuwy.

The Quarterly Meeting will be held in the Committee Room, Branch Stores, Sleaford, on 8kTURDAY, APRIL 29th, at 7 P.m. Representative, Mt. CODLING

Slesford Branch Committee —Rr. P. Beet, Sleaicml, Chairman; Rt. J.Bodldn, Slesford, Secretary; }Sr.T. Newton Swsrby; Mt. D. Grimsdell, blr. E, DhkineonMr. W. Ho!tram, Rr. L. Wsium, Mr. Jse. LeaSe, aud Rt. C. H. Paulkaer, Slesford; bft. W. GstweU, Buekingtoo.

The Quarterly Meeting wH be held n the Club Boom, "George" Inn, Market Basen, on SkTURDkY, kPBIL 29thr at 7-65 pou. Representative, Mr. SMALLER

Market Bassa Branch Commifftea —Rr. J.W. Buebby, Market Bacon, Chsircum; Rr. J.Pickwell, Seczetary; Mr. Joe. Penney, Mr. A. Kdng

Mz. P. Ingilby, Mr. John 1'. Douse, bfr. Roses Crow, Market Raven; bfr. Jse. Cooke, Buelbcgthmpc; Mr. G. Ws!kiueon, Walesby.

The Quarterly Resting will he hald ln fhc Warehouse, Co-opera'tive Stozcsr Baashtgham, on SkTUBDAY, kPRIL 29th, st 7 pcn. RepmeentaGve, Mt. SHIEBaeeingham Branch Committee —Mr. W. Woodbesd, ~m, Chairmen; bfr. J. Tsyloz, bfr. J. Bzcwn, Rr. J. Heatou, Mr. B. Goodwin gt

Base!ogham; M .P. Tuybw, hr .J.Ratshaib Carittm-bt-~l Rt. J.B I oMs, Aubcutu; Ma E. Peacock, Wort; M . J. Hat!am, Marlboro, MrThutlby.

8

INDUSTRIAL AND PROVIDENT SOCIETIES' ACT, 1893, 56 aftd 57 Vict. , c. 39.

ANNUAL RETURN of the LINCOLN EQUITABLE CD-OPERATiVE INDUSTRIAL SOCIETY, Limited.

AS PRESCRIBED BY THE CHIEF REGISTRAR

FOE' the Year ending, December 31Sts 1898.

Name of Society—Lincoln Eguitsble Co.operative Industrial Society, Limited.

Objects of Society—Dealers, Wholesale and Retail.Register No.—141.Date of Establishment —August, 1861.When first Registered —September 17th, 1863.Name and Address of the Treasurer, snd every other 00icer in receipt or charge

of bfoney —Wunrsu Counson (Treasurer), North Parade, Lincoln; FaunSxxpusxsox (Cashier), Swallowbeck, Lincoln.

Number of bfembers at the beginning of ths yearNumber of Members admitted during the year ..

8878723

Together. . .. .. . . 9601Number of Members whose membership hss ceased during the year .. . . 501

Total number of ifiembers at the end of the year .. .. .. .. .. , . 9100

The Audit for this year hss been condncted by Mr. Jsuxs Ossxax, of Monks'

Road, Lincoln, whose calling or profession is Lsy Vicar; bfr. Joux B.Rrsoxs, of

Bases Lace, Lincoln, whose calliag or profession is Lsy Clerk; snd Mr. W P.Aswsvsoxo, of Arboretum Avenue, Lincoln. whose exiling of profession is Clerk.

Dr,RECEIPTS

To Bhare Contributions .„Loans„Deposits snd Banking Department. .„Sales of Goods. , Rents„Feesand Pines: Entrance, Nomination, Withrlrawsi

, Rules snd Psst or Contribution Books . ,„ Interest snrl Profits on Investments, Dividend on Purchases„ Investments —Deposits snd Repayments of Advances

Security of Freehold Property„Provident Pund .„ Insurance Funrl .„Branch Managers' Bonds. .

Sale of Fixed Stools„bfsnagement Expenses-Members' Property Account

Total Receipts„Bnlsnce due to Bankers st end of yenr ..„Balance of Gash at beginning of year

CASH ACCOUNT.s

13,429 11 84, 188 13 74,386 14 11

192,643 0 2616 2 242 17 917 14 5

1,330 18 Ion

8,774 8 31,303 11 7

3019 3850 0 03419 013 12 0

222, 163 2 104,4?2 11 11

89 16

E226,725 10 11

PAYMENTB.By Share Capital Repaid, Interest and Dividend to Members„Dividend totNon-Members„Loans ..„Deposits snd Banking Department„ Interest on Loans snd Deposits and Bank Current Advances„Goods, including Carriage, Salaries and Wages„Bent, Rates, Taxes, snd Insurance„Other Expenses„Por Land, Buildings, and Fixtures„Advances on Becurity of Freeholds„Other Advances or Investments„Educational Purposes„Subscript ious„ Iaterest on Boarls„Bond Repaid„Provident Fund„Employees' "Outing " (Reserve Fund)

Total Payments„Balance due to Bank st begunung of year ..„Balance of Cash at end of year

Cx.e d9 10

16 00 4

3)11 45 22 105 I7 106 109 4

13 102 6I 6

13 80 06

15 0

24, 31286

5,5693,428

320156,41317,8231,2803,5632,3966,144

685225107

501,101

57

213,600 9 1$2,850 19 I

274 9

$226,725 10 11

To Value of Stock-in-Trade at beginning of year„Parchsses during year, including Carnage„Productive Expenses ..„Distributive Expanses„ Interest on Loans, Deposits, and Bank Carrent Advances„Depreciation —Land, Buildings, snrl Fixtures„Bonds Account„Balance Profit on Traie of year

TRADE OFs d

34,168 3158,413 5

7,859 10 1114.807 4 101,564 10 11,587 18 11

18 0 015,701 13 0

YEAR.

By Value of Stock-in-Trade at end of year . .„Sales of Goods during year„Dividend on Parchsses„But(dinge snd Fixtures by Building Department ..

Cr.8 s d

8E092 7 8192,643 0 2

676 18 73,701 19 10

8232,115 6 3

PROFIT AND LOSS AND APPLICATION OF PROFIT$232,115 6 3

Cr.To Interest on Shmes

„Dividend on Purchases —To Members ..Non-Members, .

„Donations and Subscriptions. .„Edaostionsl Parposes„Workmen*s Insurance Fend ..„Profit carried to next year

s d4,430 0 0

12,956 10 1097 1 477 I 6

230 13 930 0 085 1

217,856 9 1$

By Balance of Profit brought forward horn last yearProfit on Trade of year

„ Interest and Profit on Investments„Rules, Cards, and Pass Books

8 s d21 11 10i

15,?01 13 02,115 9 10

17 14 5

817,856 9 IiBALANCE SEEEET OF FIINDS AND 'EPEnECTIE

To Share Capital„Loans ..„Deposits and Bsnsag Department„Bank Advances. .„Branch klansgers' Bonds„Congress Pand ..„ Insarsnce Fund. .„Workmen's Inearsnee Fund ..„Pmvideut Fund ..„Profits of last Balance Sheet, included in

Appropriation

Reserve FundProfit carrie m next year

6,89685

$19.51112,7974,8221,192

10169265312

5,634

s d.. 110,954 I 0

2 1112 618 212 50 03 I0 0

12 5

2 10)44,224 19

01

6,431 2 2

By Value of Btoek-in-Trade .„Value of Buildings, Fixtures, snd Land„Preehold Security„Shares ia Industrial snd Pravident Sooieties

Hide, Skin, snd Pst Co.,Ruston, Proctor 4 Co., Limited ..Lincoln ek Lindsey Bank, Ltd.

„Boston, Proctor 8 Co., Ltd. , Debentmes„Robey rk Co., Ltd. , Debentanw„Lincoln Corporation Stock„Cash in Cashier's hands. .

f28,518 175,649 7

28 0800 0

2,294 101,336 51,855 02,410 0

124 10

s d35,092 7 884,601 4

54000000

lli

—41,916 108161,610 2 gi

$161,610 2 PsjtWILLIAM COIILSON, Tsxssusaa. '

DUNCAN bl IxINES STbe undersigned have had scoem to all the Books snd Accounts of the Society, and having examined the for oin Gen

r, xcsavsxx. FRED STEPHENSON

Actuate and Vouchers relating thereto, now sign the same ss found to be sorrect, dul chef d'so, y vouched and in accordance with lsw.

JAMES ORANGE, J. B. BENDER sxn W. P. ABM. P. ARMSTRONG, Avnrxoxs.

HE Society's sales of Tea for the last Quarter amounted to 7 tons8 cwts. 1 qr. 6 lbs. Mors than 5 tons of this ws, s from theCo-operative Wholesale Society, whish is a striking testimonyto the intrinsic value of their tees. As the Co-operativeWholesale Society is an organisation created by the Retail

Co-operative Societies, and as our own Society holds capital in it tothe extent of $4,880, and is receiving from it pzofit in the shape ofinterest and dividend to the extent of 6827 5s. 2il. quarterly, it is tothe interest of all our members to purchase to as great an extentas possible goods obtained from the Wholesale Society.

In addition to being large tea importers, blenders and packers,the Wholesale Society deals with Cofi'ee and Cocoa in the samemanner, and each article graded to suit different tastes, and, of variedprices, may be obtained at any of the Society's Stores. Other foodsupplies from the Wholesale Society's Manufactories are biscuits,sweets, chocolate, jam, marmalade and pickles. Of manufacturedgoods, 'boots, soap —household and toilet varieties of all kinds —cloth,clothing and furniture take the chief place. As all the Manufactoriesof the Society are worked under fair labour conditions and the goodsproduoed are of unequalled value, they should have a special claim topreference by all co-operators.

The output from the Society's Confectionery Bakery is steadilyinczeasing, that for last Quarter being 6841, an increase of 6181 overthe corresponding Quarter of 1898, and of $165 over tliat of 1897.The confectionery sales at the Central snd Sub-Central show satis-factory progress. There is no doubt that the considerable demand forconfectionery from lazge purchasers, who are not members of theSociety, proves the quality to be superior to anything produced looally.The greatest attention is given to cleanliness in production of thegoods, and none but the best ingredients are used.

When the Mill output is compared with that of the correspondingquarter of last year, a difference of eight shillings per sask on theaverage has to be allowed for,—prices last year having been undulyhigh owing to the artifieially produced infiation in the price of wheat,caused by American speculators. The bulk of the wheat dealt withat the Mill is English, and it produces fiour excellent in qualityand fiavour. Yearly, however, the sales from the mill to Co-operativeSocieties are being afi'ected by the keen competition of millers who usea large proportion of foreign wheat. One Society with which we do alarge trade, meets this competition by blending with our fiour, inmaking bread, a considerable portion of imported fiour, to obtainwhat is technically termed, "strength, " and to suit local demands,while, for domestic purposes it is found that the flour from our Millunblended holds its own against any othez. As the mill has beenone of the most successful of our productive departments, and isnow, after a total depreciation of plant amounting to 42,482, ofgreatly more value to the Society as an asset than when it beganrunning, it appears to be advisable to consider whether it would notbe to our interest to extend it and to add new machinery for cleansingand breaking up foreign wheat. This departure was in viewwhen the mill was started, and the main shafting was devisedand azranged to permit of further extension, but it was consideredadvisable to await results of working for a few years. Experience hasjustified the wisdom of this decision, for great advances and improve-ments have been made in milling machinery of the character alludedto abave, since our milling plant was put in. For its present workthere is no doubt that Mr. Zonssoir's continuous careful andeeonomieal modifications and improvements have made the mill aseoinpaet and adequate a plant as could be designed.

Some ire seems to have been aroused recently among certainlocal buildezs in consequence of the Society having secuzed in faizcompetition a bmlding contrast of considerable value. Why this

feeling should exist it is ditficult to conceive. When this Socieiy wasstarterl, a certain section of people who considered their interestsafi'ected, pointed out tliat iusteail of so.operative shopkeeping, working-men should turn tlieir attention to co-operation in production. Now,however, that so-operative shopkeeping has furnished us with capitalfor production, in the building business among others, we are met withthe objection that we have no right to enter into this class of work.This attitude and this oppositiou are altogether unreasonable. A manmay enter into business as a builder anywhere. Evezybody admits hisright to do so. He may take in one or two, or half-a-dozen partners.He may turn his business into a Company. Nobody objects; on thecontrary, if he has been suocessful, people eagerly pay premiums tobecome shareholders. It is admitted universally that one man orhalf-a-dozen men or a large body of shareholders may nndertakebusiness of almost any conceivable character witliout a word ofhostility or complaint being uttereil against them. How then can thehostility shewn to our Society's Building Departineut be

justified

The contrary feeling oughi, ratlier to prevail because tlie differencebetween a private business or a company, and a co-operative society is,that the former work solely for their own profit, whereas co.operatorsseek their own in all men's good, for they welcome all tomembership.

It must be highly satisfactory for members to know that, con-necteil with our workshops in Tanners' Lane, we have at the presenttime 54 employees, and that already orders are booked for worl& whishwill take several months to execute. This is in addition to workilemaniled by the Society's own increasing requirements. Negotiationsare in progress for sites for dwelling-houses in a situation convenientfor a large number of our members, wlio it is believed will seize theopportunity afforded if houses are built, of becoming tenants underthe Society.

The Annual Festival of the Market Eases Branch was held onMarch 25th, and although the weather was exceedingly unfavourablethere were 160 at the Tea, and the Temperance Hall was filled at thePublic Meeting and Concert which followed. The trade receipts forthe year shewed an increase of between four hundred aud five hundredpounds. Since the Festival, an advance on mortgage has been madeto one of the losel members to enable him to become the owner of theproperty which he is occupying. Recently, a third grant on mortgagehas been made within the Horncastle Branch DistHct, a circumstaueewhish shews the infiuence of the Society is gradually but surelybecoming more widespzead. The Farmstead and Field ar, Welbourn,purchased privately some months ago, have now come into theSociety's possession and are let to the previous tenant, Mr. Scott,subject to our taking possession, at auy time, of the whole or suchportion of the land as we may require for building upon or for anyother purpose.

The determination of the Committee to make the forthcomingPenny Rank Children's Outing a success is being shewn by the stepstaken, and the arrangements already mails which are outlined below.All that is now required is fine weather, and then ii, is safe to say thisDemonstration will surpass any previous one. Waggonettes, bral-esand other conveyances, under charge of Messrs. Smaller, Hewson andSharps will be provided to convey the whole of the children fromLincoln to Hykeham. The procession, headed by a charabane con-taining the Baal will be formed along the Rroadgcte end of MonksRoad, whence it will start, in charge of two marshals, Mess~a Howardand, Codling, at 2 p.m. , going via Silver Street, Stonebow and HighStreet to Hykehsm. In the Society's Field at the Vicarage Farm, aprogramme of races and sports will be carried out under tne super-vision of Messrs. Fisher, Swaby and Duckworth. Spacious marquess,partly provided witli seats, will be erected, , and, from one of ihein,refreshmenis, as per tariff will be served by Mr. Csmmack and a stafiof assistants, under the supervision of klessrs. Smaller, Hewson andRroadberry. The Band will play selections and ar, intervals for dancingduring the whole of the proceedings. In the intervals between the

IO LINCOLN CO-OPERA. TIVE QUARTERLY - RECORD.

va ious sPorts ThS CSISbIBted Pra)ISR tin(i his DsajrhtSP will

give their marvellous high-class conjuring, second-eight, thought;

reading and ventriloquial entertainment, together with a Erst-cjses

Punch snd Judy and Dog Toby Show. A small oharge for admission

to the Beld will he made. The Society's farms will be thrown open to

inepeotion by members snd their friends, nnd it is hoped many will

avail themselves of the opportunity of attending. A procession will

be formed and the proceedings will conclude st 8-80 p.m. On return-

ing to Lincoln the conveyances will stop at the entrance to the G.N.

Station, near St. Mary-le-Wigford Church.

MEETINGS, CONCERTS, LECTURES, (ko. ,

Promoted jointly by the Educational Department snd ihs Women's Guild;the toHowing Cfeeiings, Conoerts, snd Lectures, have islien place'during the winter:

TRA AND CONCERT.

The programme' began with a Tes and Concert, in the Co.operative HsH, onWednesdsv, October 12th, 1898. The Confectionery Department provided snezceHeni ies which gave satisfaction to sH present; after tea s soncert wss given

by the Members of the Lincoln lucrative Choir, Mrs. Dring in the chair.Daring an interval Mr. D. McInnes, Secretary of ihe Society, gave sn eminentlypzsoiical address, dealiag with variou phases of the Co-opersiive movement.

OPENING OF A VILLAGE BRANCH LIBRARY.

The Educational Committee from time io time have been solicited by severalof the viHsge branches to establish a library. Apart from the eoei, the Committeeexperienced many difficaliies in complting with ibs wishes ot the village members.A scheme, which ihe Committee thought snd whish hss since proved xo be spractical one was si last devised and adopted. In establishing s Branch Librarythe Committee were anxious the first should be opened in a locality where membershsd not sn opporianiiy to obtain booRs elsewheze. Welbourn wss selected, and abook-case was supplied coniainins upwards of 300 vole. ; nine boxes were also sentto contain the boolis to be circulated in the adjoining viHages, and it isgratifying Co be abls io report Chai the agricultural lsboursrs in the neighbour-hood have availed themselves of boolm having s bearing upon sgriculiare, eachss poultry-keeping, bee-keeping, co-operation snd the land, xxc., the averagecirculation ot books for the psst winier has been 200 per month. The Librarywss formsHy opened with a Concert-bfeeiing, held in ihe Village School-zoom. onSatanlsy, October 8th, 1898, when suitable addresses were gives by variousMembers of the Educational Committee.

LECTURES.rive Lectures have been given in xhe Co-onerative RsH, bat the attendance si

each has not been sash as to encomsge the Committee in trying io spread theprinciples ot Co-operation. No doabt what Nr. D. McInnes, the Prerideni of thePeterborough Congress said in reterenee to systematic overtime being ihe causeof co.onerstors taking so Htile interest in eiasses, features, Ac., applies verypoinxedty to Lincoln at ibe present time. The first isotere by Miss BsvenhiH,proval boih interesting snd instructive; the subject wss "The Nation's Food; iisRisks snd Remedies. e Miss Mayo gave two lectures, illustrated with s Lime-LightIantern. Subjects i—"Co-operative Worlis snd Workert, "and "The WhiteSlaves ot England. " Under the seapiece of ihe Midland Section of theCo operative Union, Mr. Bastard gave sn excellent lantern factum oa a"Dutch Panulise of Labour. "

Lectern Lecrsrrs fa the PVHcser. —Isniern lectures have been given inihe coaniry, the lantern snd appliances purchased by the Committee beiag need;slides, showing the vsrious prodactive worlrs, were very kindly lent by the Co-operative Union. The lectures si Metheringhsm snd Digby were suoceseful;but thai st Ssxilby wss noi so well attended as could be desired.

SINGING AND GYhtNABIUM CLASSEBiThe Singing Classes for Members' Chililren have been very largely

attended ihmughout the winter, a Concert wsa given by the Childmn, onPridsy 24th, Co s large audience, who showed Chair appreciation of the selectionsby repeated encores The Boys' snd Girls' Gymnasium Classes have not been sowell attended ss an previous occaaons. In Mr. Bsrnes, the Committee have securedan exeeHent instruoior. A gymnastic display wss given ai ibe last pmciice of theseason, snd the wsy in which the boys and girls went through the various featsrefieeted great cnsRC upon their trainer.

THE CHOIR.The Choir now numbers over 60 voices, and the winter practices have been

devoted Ca s Cantata, entitlexi "lnagos Chart, "which wss ably rendered in theCo-operative HsH, on Friday, Pebraszy 24th. s large and appreciative audiencebeing present. The ohoir wss slriHnHy conducted by Mz. D. R. Hirsi, and thefrequent applause mast have been gratifying and encouraging to both choir andconductor, moreover, ii wse well deserved.

FLOCVRR SHOW.The Flower, Fruit and Vegetable Show will be held in ihe Com Exchange, on

Saturday, July 22nd, 1S99. Layion's String Band hss been engaged, and ourown Choir will again give halt-horn Concerts, such as were so muoh appreciated atthe last Plowez Show. Intending exhibitors can obtain schedules ai the Otficeand Library. snd also by applying io sny member of the Educational Committee.Entrie will be received si the EdscsHional Committee Room, on (or befoze)Bstnnlsy, July 15th. Lady exhibitors (who must bs wives or daughters otmembers of the Booieiy) are again allowed to enter free, s Specimen Plant cf any)rind, also a dish of Coolied Potatoes; membezs' children also csn enter free, 1Bs kei of Cui Flowers (best arranged), snd 1 Bouquet of W Hd plowers snd Grasses.It is hoped Hxare will be a. large number of eniriiss m these classes.

The members ot Che Beciety are esmesHy zeqaested by. the EducsHonslCommittee to do sR they ssn ta make the Flower Show a success. i

E H T., Seey. RdL Dept.

The next Conference of the Lincoln District Co-operative

Assooistion will be held st Retford, on June 10th, when a paper will

be read by Mr. A. Neild, Secretary of the Society, entitled. "Our

movement —its actualities and possibilities. " The annual election of

the District Executive Committee will take place at this meeting.

The report of the Lincoln District to Liverpool Congress is as

follows:

Receipts. s dTo Cash in hand st the end of

1897 .. .. . . 11 18 5Subscribed by Societies in1898 .. .. .. 10 4 0

Expenditure. 4 s dBy Expended during 1898.. 10 2 7

Cash in hand si end of1898 .. .. .. 11 19 10

$22 2 5

D. M'INNEB, Honorary Secretary.

GLEANINGS FROM BALANCE SHEETS OFNEIGHBOURING SOCIETIES.

PETERBOROUGH. —Eighty-seventhCjuarter sailed Jan. 3rd, 1899.

2 s dSales .. .. .. . . 46,453 9 4Share Capital .. . . 60,'179 7Reserve Fund . . .. 2,475 7 9Dividend . . .. . . 0Assets .. .. .. 71,454 1 5

The sales exceed those of the cor-responding quazter of last year by27,653. AH the principa depsrtmeatsparticipate in the increase, and the

membership and Share Capital steadilygrow. The total of pmchases fmmCo-operative sources for the quarterwas 219,202. The Society hss sas.tsined a severe loss in the death of iisesteemed General Manager, Mz.Par'ott, who had been in the Society'semploy since its commencement, sndwhose able services were held in trighestimation by Che various directors otthe Society under whom he had solong served.

CfIDIdND SECTION.—No. 9. DISTRICT, LIiqCOLN.

Executive Committee.

Mr. W. Coulson (Chairman), Lincoln. i Mr. E. Hart, Grimsby.

D. bPInnes (Secretary), Lincoln. „E.WiH&inson, Gsinsborough.

C. Woodrufie, Graniham. J. W. Brown, Spslding.

J.Bonshor, Peterborough. J Brown King's Lynn.

J. Cook, Boston. J Stuifins Scunthorpe

In this district very exceptional progress has been made during the Congress

year. The most marked increases ot business sre at Peterborough, Gximsby, and

Bcunihorpe; bui progress has been made in gresiez. or less degree by nearly

aH the societies. Peterborough Society benefiied in many ways through the

Congress, snd, iis existing premises being now inadequate for some branches of the

business, great extensions sre in immediate prospect. The Boston Society hss

emerged successfully from s protracted lswauii, in which it right of drainage

from the central stores below sn adjacent, property wss assailed, and iis latest

development hss been the establishment of a house purchasing branch. The

Grimsby Society's venture into large centml stores hss brought new members

snd greatly sugncenied trade, snd, meanwhile, sn educational department and sbranch of ihe Women's Guild have been estsbfished. Suitable sites at three

cenizes convenient for members have been bought preliminary io building

houses for 212 applicants, who sre each subscribing gs. per week pending building

being begun.

The important snd rapidly developing mining, smelting, and steel-mating

district, of which Scunihorpe is the centre, hss a flourishing co-operative society,

which, by rapidly establishing branch stozes and new branches of business, is

keeping itself well abreast of the demands of the district. The only productive

society in the Lincoln district is the Lincoln Land and Bidlding Society, snorgsnissiion established in 1873 by s few membezs of the Lincoln Co-operative

Society. It has now grown into s prosperous general building snd contracting

business, with a total iurnovez of 227, 000 pez annum. During last year iheLincoln Co-operative Society built and opened new workshops, eqaipped with snexeeHent plant of modern mschinezy, snd they are now fully engaged in building

dweHing-houses for membezs snd upon extensions of trade premisea Up io thepresent time $60,000 hss been granted io membezs on mortgage. Encomaged

by iis success in farming during the last eight years, the sooieiy has taken on leasefor fouzieen years a farm of 150 acres near io its own farm si Hykeham. As thesociety has stipulated for absolute freedom of cultivation, s poxiion of the land isio be devoted io fruit and vegetables.

A considerable amount of propaganda worix continues to be carried on in theagricultural villages by several ot the societies, with results fairly successfulalthough of slow growth. The country bzsnch members of the Lincoln Societynow hold shaze capital io the extent ot 819,000. The firsi country branch wssestablished in 1878.

Conferences have been held si Bcunthorpe, where the "Benefiis of Co-operativeSoeietiss to Loysi Members e was discussed; st Gsinsborongh, when Mr. Psgetread s paper on "High and Low Dividends "; st Gmniham Mr. Strung introducedihe subject of "Store Iisnsgement"; and st Lincoln Mr. Hswson deaN with' Credit in the Stomse AH the conferences were wsH attended, and the subjects—

each chosen by the local society, ss is usual in this district —weze very fairly sndtempezately discussed.

The finsncial position of the xHstrict continues exceedingly sstisfactozy, nograni having ever yei been needed from the funds of the Co-operative Union.Voluntary subscriptions from the Societies suEce to maintain the disizici in work-ing order snd to psy the expenses snnuaHy of s delegate to Congress.

The foHoaingis the staiemcni of sccoants for the year 1898:—

LINCOLN CO-OPERATIVE QUARTERLY RECORD. 11

GRnfSBY.—Quarter endedDec. 29th, 1898.

s dSales. . .. .. . . 16,367 6 IShare Cz Loan Capital 13,055 8 7Reserve Fund .. .. 1,075 12 2Dividend .. .. 0 I 9Assets .. .. .. 32,737 7 6

The sales show sn increase of$5,107over the corresponding quarter.(lirculsrs were issned to members inDecember, to ascertain how manywere desirone to purchase housesthrough the Society. Fsvouzsble re-lies were received from 212, sud landss been secured suitable for building

upon in three centree convenient iormembers, who sre each subscribingtwo shillings per week pending build-ing being begun. A new BranchStore hse been opened st the cornerof Osborne Street snd Garden Street.The membership increased by 113daring the quarter.

Sales ..Share CapitalReserve FundDividendAssets

s d8,644 2 4

11,094 14 6254 0 0

0 I15,332 0 7

KING'S LYNN. —PozgethQuarter ended Nov. mrd, 1898.

Sales . .Share CapitalReserve FundDividendAces'ts

6 s 68,843 9 42,143 8 9

412 18 60 9 0

5,863 19 0

SPALDING. —ThirtiethQuarter ended Dee. 29th, 1898.

BOSTON —Seventy fourthQdszter ended Dee. 29th, 1898. NEWSROOM; LIBRARY; REFRESHMENT ROOM.

THE NEWB ROOM is opca on Mondays, Taeedays, ssd Thmsdsys at 8 o'sleekp.m. ; on Walnenlays st 64tc p.m. ; on Fridays at 11a.m. ; sud an Saturdaysst 9 p.m. It is closed every Evening st 9-30.

THE I,IBRARY is open for chsngiug books: lNondsy, Tuesday, Welnesday,Priday, 7 tv 9 p.m. ; Friday, 1-30 to 2-80 p.m. , for Cosntry hfembsrs only;Satsrday, 6 to 9 p.m.

THE REPRESHIIENT ROOM is opened st 11-30s.m. , snd olosed at Vac p.m. &

except on Wednesdays when it is cloud st I o'cloolr.

PARIS EXHIBITION, 1900.The Society has started an Agency for

Cook's Excursion Club.GRANTHAlf. —One-hundred-snd-third Quarter ended ysn. 3rd, 1399.

6 s dSales. . .. .. .. 9,390 10 10Share Capital .. .. 19,710 16 5Reserve Fund .. .. 431 13 9Dividend . . .. .. 0 1 10Assets .. .. .. 2E996 7 5

The eslee are the highest on record,exceeding by $1,676 those of the cor-zeeponding qssiter last year. Theoutput from the Bakery showed anincrease of 5,038 loaves over thosebaked daring the preceding quarter.Seven cottages sre being erected bytbe Society upon s site st Bsrrowby.Mr. Strong, for ten years managersnd Secretszy of the Society, left itsservice last March.

SCVNTHORPE. —Ninety ninthQuarter ended March 7th, 1399.

s dSales .. .. .. .. 9,214 7 11Share Capital .. .. 11,863 18 6Reserve Fund .. .. 443 9 8Dividend .. .. . . 0 9 6Assets .. .. .. 13,522 9 8

The sales show sn increase of63,256 over those of ihe correspondingquarter. The new Bakezy, openedreoently, has proved s thoroughsuccess. The purchases from Co-operative sources totm $2,371. In thenew Butchery 196 animals wereslaughtered daring the quarter.

BalesShare CapitalReserve FundDividendAssets

s958 16 11919 10 418 0 00 I 6.. 2,048 13 6

LOVTH. —Potty-eeventhQuarter ended Dec. 29th, 1398.

sBales .. .. .. .. 1,657 18 IShare Capital . . .. 3,335 17 10Reserve Pond .. .. 120 0 0Dividend .. .. .. 0 1 4Assete .. .. .. .. 4,180 10 0

RETPORD. —One-hundrel-and-thinlQsszter ended Dec. 28th, 1893.

s dSales .. .. .. .. 1,622 15 25Share Capital .. .. 2,896 2Reserve Pand .. . 35 4 IDividend .. .. .. 0 I 6Assets .. . . .. .. 9,719 8 6

GAINSBOROVGH. —Oue-hundrel-and-eeventh Quarter ended bfsreh

7th, 1896.

s dBates. . .. .. .. 14,305 16Shsze Csmtsi .. .. SI,V32 6 11Reserve Fund .. .. 900 7 8Divhlend .. .. .. 0 I 5Assets .. .. .. 82,492 8 7

OORRESPONDENOE.To cecsrc cscercios, kccerc chased bc wricks ow osc side cf chc payer cscyi ts c

fcycble hend, cwd awchesciccccd by chc same cwd cddruc of chc writer, scc fcrpsblccccfos uwkcc ccpruviy isccsdcd cc. rile con'ccpcsdescc chcsld bc cddreucdco Thc Editor, Liwcols Cc-opn scicc Bcccrd, 63, pcrclami Scrccc, Liscclw.

Lccccn arc imriccd cw Cc-cpcrccfsc ccpicc, ssd os chc ucrhisy cf chc Bccktyfuss osy of chc hfcscbcrv. TAI cohmmr crc eyes cc as, bst chc Editor dcu socif vuycsctb k fu" Chc opinicus of eon ccpcsdeaza

Pefsoaally Coodocted Exesfsions to the GREAT PARIS EXHIBITIOE,

BySubscri pti gpns

ofOc' such other instaiments as may suit Subscriber's

By paying 61 Bubscriptions of I/- sash, Msmhsra may lsavs Linoolnon a Baturday Aftsraoon, spend 8anday, Monday, and Tuesday inParis, whsrs rsssrvsd aooommodation will be sscursd in advanos.Brsahfast and dinner sash day„ two admittanoss io the Exhibition,all fees ic acr vants, portszs, hc., paid. Laggags oonvsyml on anivaland departure. An excursion to the famous Palacs and SfagniecsntGrounds of Versailles. Qaidss, Iatsrprstsrn, and conductors, s«d

wo astra chargu.

Apply tcr a Prospectus at the Office, Free School Lane'

"ONE "ONEus~lL~cgk qk~us x

AID

ALL"s —'

Vegetable and Flower Seeds

AND

ALL"

Ars on ears at the Csntzar eiorss and all the Branchsg, in convenient

PENNY PACKETS bsaring coloarsd ianstraiions and full

dhvmttons for gowing.

dCup of Tea ...... IPot of Tea. ....... IO

Cup of Cages .. . ICsp of Cocoa .... IHam Bsndwiah. ...

Bmsd sml Butte. .Boll and ButtmBon and ButterSconesIkone aml Baiter ..PastrySausage BoR......Flam Bund Cc Butter

d

le

le1I

dPock Pie ........ 9

Hsin Tea ........ 4Tes with Pushy .. 6Lsmonule. ....... 2Ginger Beer ...... IePotted bfest ... . Ie

REFRESHMENT BAR.Tmnsxm'u

SPECIAL NOTICE

4brrangsmsnts havs been mads whereby members may in fntars be

supplied with ALL KINDS OF DRUGS at

Messrs. BATTLE, SOLI, Cx MALTBY'S,Druggists, Stonebow, Lincoln,

on ths gams isnng aa ars given by other Druggists in theBooisty'8 List.

DRAPERY (SI: MILLINERY DEPARTMENTS.YS

We bcg to annoance that our

NEW GOODS~~,+ +

ras THE

Spring an6 Szmmsr ScampersARE NOW ON SHOW.

TAILORING DEPARTMENT.We have s very choice Assortment of Woollen Goods for the coming

Season from the very best known makers, including all the latest and '*

most novel designs in:—

VICUEAS, WORSTEDS, EISQLISH, SCOTCH, and IRISH

TWEEDS, WEST of EEGLAED Rl FANCY TROUSERIIIGS,SERGES of every description.

LATEST TTEST EHD CUT R STYLE. SUPERIOR ITORRMAHSHIP OUARAHTEED.

Ladies' Tailor-made Costumes a Speciality.

DRESSES in newest Materials and Shades.BLACK DRESS Materials unsurpassed for Value.

(Novelties in Trimmings to suit).MILLINERY, Trimmed and Untrimmed, in endless variety.Latest Styles in LADIES' aud CHILDREN'S JACKETS, Ekc.

CORSETS and UNDERCLOTHING a Speciality.Ladies' and Children's HOSIERY and GLOVES.

Novelties in UMBRELLAS with Reliable Covers.(Umbrellas any size Re-covered for z/9 and I/tr each).

OXFORD SHIRTINGS, PRINTS and CRETONNES.We have a splendid assortment of WASHING DRESS

MATERIALS in this Seasons Designs.CURTAINS and BLINDS of all kinds.

For the New Seasons Goods- see Windows.AN INSPECTION CORDIALLY INVITED.

FURHISHIIIG DEPARTMENT.

INCE Stock-taking me have made large addition to the Stock;it is now thoroughly sorted, snd .comprises such a large

range of Household and other Commodities, thatspace forbids any attempt at detailed enumeration.

In the spacious basements we have one of the BEST SHOWS of

CIICKEIIY, HARDWARE, &c., in the City.

The ground and first Boors are well filled with

DRAWING, DINING & BEDROOM FURNITURE, GLASS,

CARPETS, BABY CARRIAGES, &c., &c.

In the warehouse (at the hack of the main building& we have alarge snd lscll assorted stock of

BEDSTEADS & BEDDING, &c., &c.

Nothing bat E call oi inspection can convey an idea of theextent and variety oi Stock held in this Department,

About n year sgo we announced that we had added a Stock ofwATcHEs (mndo by the Coventry Co-oparabva Watch ManufacturingSoc,olyb JEWELLERY, d C. WC haec nOW the Pleaaure tO State that thesuccoss of this vanti ra hns o ceeded our expectations, and we takeshia opportunily of reminding our members that thol ~ roquirornonlscan now be well sorvcd by their own si cp.

READY-MADE DEPARTMENTMen's Tweed Suite, from 18,6 to 35/w

Men's Black Ss Blue Serge Suits of Superior Gut & Style.Men's Gricket & Boating Shirts & Trousers.

Men's Tennis, Aipacca, Sl Russei Gord Jackets.Boys' Sailor Sr, Byron Suits. Boys' Eorfolk & Holborn Suits,

Youths' Rugby Sl Harrow Suite.Mechanics' Clothing of every description. Waterproof Costs, '. .

ready-made or to measure, in any style. A. Good Selectionof Ready-mades, including the Cape Overcoat, the Inverness,

the Albion, snd the ChesterSeld.

ivEQIlf. 'p 8GIJIFIIJIIIII]M ivf 8/%]MY DEPQQIJIJMQV.

Gent. is Silk snd Pelt Hats in great variety (Trade Union made)Straw Hats snd Caps in every Shape.

Shirts, Collars, Ties, Handkerchiefs, GIovus, Umbrellas,PipeS, and TObSCCO POuChee, Sheen SOC.

A very Ghoice Selection of Gent. 's Soiitairee, Guff Links.Studs, and Scarf Pins.

Gent. 's FAIVCY WOOL HOSE snd HALIO-HOSE.

Gent. 's BLERIEO HOSE snd HALF-HOSE.SHIRTS and PANTS of every description and quality.

l

BOOT &, SHOE DEPARTMENT."

Ec have Eow mady the best Spring snd Summer Stock of Boots snd Shoewe have evm bad to ssbma for hmpaatios.

Ladies' Lom Shoes that will wear mell, in Lace Sl Bare, I'rom 3/6.Glace Shoes, fram. d/11, in ail shapes and Stting, to suit ail Ladies.

Canvas goods in blacks browrn, Sl blue, from S/6. Come and sae them.vfc have navar had such before. Our Ladies' Leather Lace Shoes, for6/11, snd Kkt Shoes in Button Sa Lace, 4/11. We Eeii hundreds ofpairs of these oil the year round, and of Isuhos' Glace Kwi Boots inButton sud Lace, Ikam 7/11, these surpass all me have had before.

We have them up to 16/B, hand-sewn.

Our Kid Baots for Indies, in Button aud Lace, tham 6/11, aro tho '

cheapest in the City; and we kaap the quality up.wambats woold do bourn lo come ss wuly sa possible is the wash, as wa Sal ao ovar-alowdad ia the shop on Ssimrdsys, lhsl wa cannot show sn wa shasM isla lo do. Class

carnal' asd yos wnl dal vaylaly showa lo Vos ssd ba wan'saywd

In Children's Goods we stand mell, Black. and Ihomn Shoes in Lsesand Bars, 7—10, fram 6/Si 11—I, from 6/11. Canvas in Blank,

Brawn, and Blue.

In BLcn's ma sre w'all-stacked. Low Shoos, Black aud Brown, fmm4j11, very goad value, and our Light Boots, f'rom 6/11 to Sl/-, canuat '.be~ Canvas Shoes. flam 6/B. Our 3Kcurs Ifatlod Warkhig ikBoots, hvwn 4/11, are as goad as those sokl eisemhere at 6/1L Wo EOB ib

so many of these Boota mo knom they are good value.i

ogdhrul Wiiddsaa d. Weyworth, printers, Eliiaoln

1nformation reqftired for the ftse of the Laboitr Department of the Board of Trade,

48, Parh'ament Street, London, S.W.

Productive Bepartlnents of Co-operative Ilistribntive '"=ocieties, 1898.

INDUSTRIES CARRIED ON.

(This List should he extended, if necessary,

so as to include all thc ProducttceIndustries carried on] .

(includ'ng Painti g, Shop-fittmgand Ioinery Work)

iMetal Working

(Textile

Rien. Women.Youngpersons

under 18Years of sge.

Number of Workpeopleemployed in Productive

Departments on Dec. 31, 1898.

Totalamountpaid in

wages toproductive

workersduring1898.

(Nearest)

2gzo

Total valuesof goods

produced mown productive

departmentsduring 1898.

(Nearest)s

If the Society hasany system of

sharing prodts withproductive vrorkers, '

please s(ate the

AmountRatio

so allottedin 1898.

(Neares

;;Boot and Shoe Making and Clogging

'I

i) Tailoring,'I

' Dressmaking and Millinery

IShirtmaking . . .

I FarmingI

Woodworking and Furniture Making

mao

year

1

ICorn Milling ...

Bread-making and Confectionery

, Brush and Mat Making

t'Other Productive Industries nature]

(specify

r&d ey 9p'Jd O

/22 igP'd /

"ln estimating the value of Productions, the "Wholesale" prices, s.e., those at which the goods are ebs~gadto the distributive departments, shouid be taken, including Cost of lriateriais.

(Signed)

Secretary.

Var)te and Address

o+Society.

I( S (t Ce.—ffeio=-g(lgt~()egteg —sOSQ6—Spfs —lt-f)S

?"I

4~~ '~ " ' ~ 10K ~~~ .~ . ~ ~~~ ACCACCI

TRE LINCOLN EOUITARLE CO-OPERATIVE INDUSTRIAL SOCIETY, Leo. I'. I~

REPORT R STATEMENT OF ACCOUNTS, I'I(H

For the 151st Quarter ended July 5th, 1899.

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qEll. L IN g

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CENTRAL —SILVER STREET AND FBEE-SCHOOL LANE FRONTS

SUB-CENTRAL, HIGH STREET MILL AND BAKERY, WATERSIDE NORTH