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History of the United Co-operative Baking Society

by William Reid

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Statistics

In general readers do not care much for statistics, but no record of the Society would be complete which did not give in some statistical form the growth which the Society has made during fifty years. The table given is not long, however, nor is it difficult to follow. It gives the position of the Society at the end of the first year, and at the end of each tenth year thereafter. In addition there are given the first balance-sheet issued by the Society and that issued for the 200th quarter. Readers can thus see for themselves the marvellous growth which we have tried, however inadequately, to picture.

Statistical Statement showing the development of the Federation during the Jubilee Period.
Ten-year Periods.No. of Federated Societies.Shares Held.Shares and Deposits.Sales.Profits.Reserve Fund.Depreciation.Paid for Educational Purposes.Paid for Charitable Purposes.
£s.d.£s.d.£s.d.£s.d.£s.d.£s.d.£s.d.
1869 (Commencement of Society)8
1869 (January 1870)81931205,081136233130158
1878 (January 1879)234,2176,2516727,4336101,8505569611544013820550
1888 (January 1889)3910,03733,20991055,6991593,313051,352100913996002100
1898 (January 1899)9480,231143,681123327,3283426,845027,400008,890614743830994
1908 (January 1909)169155,915356,254193567,60419543,5619037,4000013,967498761310907310
1918 (January 1919)211241,643556,8411661,251,2245962,61515589,5000029,8451261,424131643139
Dr.CAPITAL ACCOUNT
Liabilities.
To Members’ Claims, as per Share Ledger£193120
„ „ Building Fund14500
„ Owing Messrs Penman£10400
„ „ Gibson & Walker150150
„ „ Scottish Wholesale Society86197
„ „ R. Geddes & Sons1876
„ „ M. Muir & Sons34150
„ „ R. Taylor6140
„ „ P. Bertram159
—————————4021610
„ Profit64410
—————————
£805138
Dr.CAPITAL ACCOUNT
Liabilities.
241,643 Shares at 20 each£241,64300
Less Unpaid703100
—————————£240,939100
Societies’ Deposits at 12 Months’ Notice of Withdrawal93,57161
Societies’ Deposits at Call104,46266
Surplus Credited to Societies’ Deposits Account31,83740
—————————£470,81067
Deposits (Private) at 12 Months’ Notice of Withdrawal£55,83878
Deposits (Private) at Call30,19323
—————————86,031911
Societies Overpaid5,98011
Bonus for Half-year4,77004
Rents12150
St Mungo Hall Rents Paid in Advance500
Balance of Taxes, Insurance, and Telephones4,974135
Goods Account13,075140
Expenses Account1,86392
—————————
Total Liabilities£587,52396
Reserves—
Reserve Fund£89,50000
Insurance Fund—
Fire and Marine£24,90000
Employers’ Liability5,68000
Third Party2,18000
—————————32,76000
Educational and Benevolent Fund2,33784
Balance to next Half-year1,845154
—————————126,44338
—————————
£713,966132
1869 (January 1870).Cr.
Assets.
By Cash in Bank and on hand£118210
„ Flour, etc., in Stock£87107
„ Rent Due1100
„ Owing by Societies24451
„ Fixed Stock243158
„ New Buildings, Paid to Account11096
—————————6871010
—————————
£805138
1918 (January 1919).Cr.
Assets.
Investments, as per Investment Account—
Shares£33,812187
Deposits348,257186
—————————£382,070171
Goods in Stock—
M‘Neil Street£28,384139
Clydebank Branch7,255168
Rothesay Branch278154
Belfast Branch5,922158
Camp1800
Purvey Department413111
St Mungo Halls1774
—————————42,2901910
Stock of Provender in Stables—
Glasgow£44507
Clydebank101175
—————————546180
Goods Account Prepaid47,23685
Goods Account£27,84111
Sundries Account24279
Bread Delivery, Hire, and Shoeing Account16170
Manure and Hayseed33410
—————————28,133108
Rents—
Tenements—Govan Street£8776
M‘Neil Street East96100
Belfast2950
St Mungo Halls4613
—————————25939
Land and Buildings201,50000
Cash in Banks£11,7641411
Cash on hand16406
—————————11,928155
———
£713,966132

Our Fallen Heroes

Pro patria mortui

Clydebank Branch

Belfast Branch

Leith Depot

Re-indexed footnotes using numbers.

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