Report on profit-sharing and labour co-partnership in the United Kingdom

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Monograph

Identifikator:: 1016336950

URN:: urn:nbn:de:zbw-retromon-27123

Document type:: Monograph

Title:: Report on profit-sharing and labour co-partnership in the United Kingdom

Place of publication:: London

Publisher:: His Majesty's Stationery Office

Year of publication:: 1912

Scope:: 1 Online-Ressource (160 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: III. Profit-sharing and co-partnership in co-operative societies

Collection:: Economics Books

INDUSTRIAL : ASSOCIATIONS OF WORKERS. 81 24548 F 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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