﻿INDUSTRIAL : ASSOCIATIONS OF WORKERS.

81

Since it is this group of Co-operative Societies in which Profit-
sharing and Co-partnership play the most prominent part, the
leading facts in relation to them will he stated in somewhat greater
detail.

The nature of the industries in which the Societies comprised
in this group are engaged, their Membership, Capital, Sales, and
Profits or Losses are shown in the Table which follows: —

Productive Associations of Workers—Summary by
Industries, 1910.

[ Compiled from Returns made to the Labour Department and to the Chief
Registrar of Friendly Societies.]

	So-	Membership.			Capital.			
Industries.	ties  at  end  of  Year	In-  divid-  uals.	So-  cie-  ties.	Share.	Loan.	Re-  serve  and  Insur-  ance.	Sales.	Profit(+) or  Loss( - )**
Building	No.			£	£	£	£	£
	4	674	7	4,208	3,564	1,051	25,709	+ 1,530
Quarrying	1	392	526	27,467	12,245			3.313	- 1,243
Metal, Engin-	12	923	190	19,195	8,526	10,130	64,972	+ 4,038
eering, &c.								
Textile	13	5,881	1,317	140,337	116.719	27,191	471,252	+ 21,070
Boot and Shoe	19	3,947	719	65.646	51,264	13,377	372,767	+ 9,487
Other Clothing	4	1,652	538	36,889	26,166	5,288	178,477	+ 14,173
Frinting and	19	2,666	457	57,295	34,101	16,899	150,805	+ 11,150
allied trades.								
Woodworking and Furnish-	4	-236	95	11,049	30,398	3,282	30.391	+	534
in^.								
Food Prepara-	3	4,378	207	32,725	12,752	6,149	119,445	+ 5,020
tion.								
Bassdressing,	2	109	1	414	182	1,515	5,022	+	313
Mat and Brushmaking.							1,452	+ 26
Leather	2	34	1	344	42	118		
Miscellaneous	3	139	15	695	350	18	2,578	+	41
Total		86 |	21,031	4,073	396,264	296,309	85,018	1,426,183	+ 66,139

* The amounts in this column are the amounts of the profits (or losses) before
dividend on the share capital has been paid.

It will be seen that the industries in which this branch of
co-operative production prevails to the greatest extent are the
clothing and the textile trades, the printing and allied trades,
the food preparation trades, and the metal and engineering trades.

Profits and Profit-sharing.

In these Societies the profits realised are devoted in the first
instance to paying a fixed rate of interest (frequently 5 per cent.)
on the shares; out of the balance sums are usually added to Reserve

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