INDUSTRIAL : ASSOCIATIONS OF WORKERS.
81
24548
F
Since it is this group of Co-operative Societies in which Profitsharing
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
Individ
Socie
Share.
Loan.
Reserve
and
Insurance.
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
