' THE LINCOLN E(UITABLE GO-OPERATIVE INDUSTRIA. SOCIETY, LTD., CENT RAX PRKMISKS, Silver Street Front. Free School Lane Front. "SLOW BUT SURE." "UNION IS STRENGTH. " ~+11(f((I(1 CI. .(I((((((bIf Ki((-(APf I'(l(II'f 3$(1(I((5II'll(1 $ Oi (fI(I, /IN(If(I, ESTABLISHED 18B1. IJVCORPORrffTED BE ACT OE PARLDAKEKI N' P M DICT., C 87. OBJECTS OF THE SOCIETY.—First, It provides its Members and the General Public with Bread, Flour, Grocery, Provisions, Drapery, Clothing, Boots and Shoes, Butchers' Meat, Coals, (kc. Second, It seeks the domestic, social, and intellectual advancement of its Members. Annual Business over $147,000. Number of Members, 6,260. Share Capital, $69,Z06 Zs. fkL Bssgzas —THE LINCOLN AND LINDSEY BANKING COMPANY, Lffsfrsn. The REPORT 85 EALANCE SHEET for the ix8tIh Qg@rter, ENDED APRIL 1st, 1891. Grocery. Drapery. Boots»b Shoes. Tssor(ng. Fanrishing. Total. Purchases from the Co-opcrative Wholesale Society. ........65,248 81,200 $409 8150 6460 67,462 from other Co-operative Sources. .. 69 84 68 581 Value of Goods produced by this Society 611,698. Animals Slaughtered during the Quarter: —Beasts 128; Sheep 282; Pigs SSS; Calves 6; Total 749. Central Stores snd Offices —SILVEB STREET AKD FBEE SCHOOL LAKE, LIKCOLK. Kc. 1 Branch —BBACEBBIDGE. Ko. 8 Branch —SAXILBY. »» »» BURTOK ROAD» LIKCOLK' —BAGGZHOLME BOLD, LIKCOLK. 8 —SHAKESPEARE STRlgET, LIKCOLK. 10 —KEWLA. KD STREET WEST, LIKCOLK. — 4 ~ ~ BIPOK STREET» LIKCOLK 11 »» BABDKEY'. 6 —WELBOUBK. 18 —KOBTH STBEET, HORKCASTLE. 6 —METHZBIKGHAM. 18 —SOUTH STBEET, SLEAFOBD. »» 7 —Qt. KOBTHERK TEBR., LIKCOLK. 14 »» —HIQH STBEET, LIKCOLK. The QUA. RTERLY XEKTLtG will be held in the Large Hall, on Monday Evening, May 4th, 1891, At r -BO I&-m PROGRAMME OF BUSINESS. 1. «(Siaatcs of the has Qasrhafy (fasting S. "Rtcchoa of Rdacsgonal Committee. msn, « "ddmlssiaa of Saw Members. " 6. «Romiastions far Ffsshhmh Tmasarsr, Secretary three Committee-mca snd S. - The Bcbuae Sheet sad Report. " an da»htce. " «Rssolalion tobe moved by blr. y. W. Cadi(ag, sad mcoadcd V(f. 6. bysfr. f. 'T. "dny other Tmdsr, «That the arne of SSC be gmatsd to the Cammittcc, Bashaas" for thc perpend of s Flower, Fndt, snd Vegetable Show, to be hshl ja » ~ Lincoln Equitable Co-Operative Industrial Society, Limited. COMMITTEE OF MANAGEMENT. 'Mr. WM. REYNOLDS, President .. 26 'Mr. JOSEPH MARTIN 26 Mr. J. J. KERSHAlv. .. 'Mr. GEORGE HARTLEY, Treasurer. ..... 26 Mr. GEORGE LEWIS. .., 26 Mr. J. BROADBERRY. .. 'Mr. DUNCAN McBINES, Seoretsry ...... 26 'hfr. EDWARD LA.SCELLES .. 26 hfr. W. B. HOWARD 26 'hfr. WIL COULSON .................... 26 Mr. J. GAhfBLE .. Annrvoas —*hfr. GEORGE RICHARDSON, Mr. JAS. ORANGE. Casnraa —Mr. FRED STEPHENSON. The Sgares after the names indicate the number of Committee Meetings attended; 26 having been held. Those marked ' retire but are eligible for re-eleeti n. DEPARTMENTAL COMMITTEES. Boors. ..... .... ...Messrs. COULSON, LASCELLES, A LEWIS. Dairaar A Tiiioanro. .hfessrs. MARTIN, HOWARD, a REYNOLDS. Bcrcaasv. .. ..... .Messrs. LEWIS, BBOADBERRY, ft HOWARD. Flaaaca. .. ., Messrs. MoINNES, HARTLEY, A COULSON. Bnrunrses. .. .....Messrs. KERSHAW, LEWIS, ds GAhf BLE. Gsocsav. .............hfessrs. KERSHAW, BROADBERRY, A GAMBLE. Coen ..............Menus. hfABTIN, HOWARD, A GAMBLE. Romsso A tsva gross. .hfessrs. HARTLEY, LASCELLES, d REYNOLDS. COMMITTE E'S REPORT. To THE MEMBERS, Ws beg to submit to you the 118th Quarterly Report and Balance Sheet. The total Receipts for Goods sold during the Quarter is E89,127 4s. 84d., being an increase of E5,066 16s. 4&d. over the corresponding Quarter of last year. The net profit on the Quarter's Business is $4,809 17s. 7d., which sum will allow 6962 16s. Ol.d. for Interest, E,2,891 18s. 4d. as Dividend, being ls. Sd. per 8 on Members* purchases, and E81 being Sd. per 6 on purchases of bien-Members; 692 Os. Sd., being 2&7. per annum for depreciation of Branch and Cottage Property; $93 9s. Sd. be 10$ depreciation of Fixed Stock; 656 being 5$ depreciation of Milling plant; $48 2s. 6d. for Educational Purposes; $15 for Congress Fund; and $119 15s. 114d. to Reserve Fund. 207 persons have joined the Society within the Quarter, 66 have withdrawn, and 4 forfeited as per Rule 6, making the present number 6,260, being an increase of 187 over last Quarter. Plans are being prepared for providing additional accommodation at the Welbourn and Metheringham Branches. The magnitude of the present trade and the prospective increase at each place, justify us in taking this course. When the extensions are finished, goods in bulk will be invoiced wholesale to each Branch, as this plan of supplying them has now become preferable to the present, which is best suited to a smaller trade, and to branches nearer to the Central Stores, from which daily supphes cau be sent as required. The following figures show the progress tuade by the two branches during the last seven years:— 1886. 1890. Wtdbourn ... ... ... Sales. Profits. Sales. Profits. $4,088 8225 67,628 6506 1886. 1890. Metheringham. .. ... ... Sales. Profits. Sales. Profits. 84011 6286 $7,858 E498 We beg to direct attention to the Exhibition of Co-operative Productions which, in connection with the approaching Co oper ative Congress will be opened in the Corn Exchange by the Mayor of Lincoln, on Saturday, May 18th, at 4 p.m. We trust afi the Members, together with their friends, will make a point of visiting it, as its object is to promote the sale of goods of Co-operative mttnufitcture. The exhibition will remain open during the Congress Sittings. Arrangements can be made through the Manager of the Drapery and Furnishing Departments for funerals to be undertake throughou& As tlds business has been started at the written request of several Members, we trust to receive EB orders that any unfortunately„ through bereavement, be compelled to give. We shaB shortly submit to the Members, at a General Meeting, the question of lighting the whole or part of the Centr~ Stores aud the Mill by electricity. FINANCIAL STATEMENT, from Januaty 1st to Apvil 1st, 1891. Dr. CASH ACCOUNT. Cr. RECEIPTS. s. rl. 8 s d. DISBURSEbfEiVTS. s. d. To Cash in Bank snd Cashier'e Hands. ....... ... 980 14 116 BT AEOUET PAID VOB GOODS— „Sale of Goods —Ceotrsl, Grocery. ........ ... 5O98 8 9 „Grocery .... 11,659 5 8 Drapery 52 Mi!Iinery . 20650 15 ld „Drapery snd Millinery 2,604 17 6 Boot rk Shoe. ....... l,o!2 I St , . Boot and Shoe .... 1,034 0 4 Butchering 4,127 19 9& „Butchering. ... 4,858 9 6 Hides, Skins, Fate kc 424 2 Sh „Coals 1,004 13 10 Coals ........ ... 482 18 5 „Tsi!oring 6&82 13 4 Tailoring I,0f7 8 6 „Furnishing 892 15 7 Furnishing .. 750 5 8'9» 9;217 4 7 Bracebridge, No. I Branch .... !,475 11 2 „Carriage of Goals 610 12 7 Newport, No. 2 Branch, ....... 1.5SO 11 5$/ „Carriage of Coals .. 78 c 0 Shakespeare-st. No. 8 Breach '&I! , I, 0 8$ y 32,682 14 1!&» Bipon Street No. 4 Branch .. 1,4!9 2 3 v' WAGEE TGB l Bonne&Iva LAEUUB- Welboura, No. 5 Branch 188& 4 7~ „ Grocery .. ............... ....... 229 7 8 ilf etherioghsm, No. 6 Branch .. I,SII 19 04 ~ „Drapery snd hiillinery 01 16 3 Gt. Northern. terr. , No 7 Branch 12&S4 18 5 ., Boot snd Shoe ........ ....., 100 8 I Saxi!by, No. 8 Branch 1122 4 8B „Butcheriug 66 19 0 Bsggeholme-&d. , No. 9 Branch .. I 57& 6 Ol „Tailoring 137 15 4 Newland-st. West, No. 10Branch I,'251 10 lid , Furn&ehmg 41 4 9 Bsrdney, No 11 Branch 1,035 13 0 „sfillere 282 19 5 Homcsstle, No. 12 Branch .... Sso 8 7 867 5 I ty Slesford, No. 13 Branch 1,634 9 WAGES TJB DISTBIBUTIVE LASOUS- High Street, No. 14 Branch. .... 1,2is 2 ld Grocery ..... ... blill . .. 418 4 6 .... 3.022 8 Drsperv snd iMiilinsry. 191 I 6 o Sale of Coals —iVo, 1 Branch. ..... ... 47 8 9 Boot aud Shoe I'o. 51 0 6 2 112 11 4$ Butchering 96 0 No. 3 10 So 16 6 Tsiloriag 61 8 6 No. 4 106 9 6 Fu&ui&&nnl No 5 4218 0 18 11 U Coals 107 No 6 1 10 138 I Od 0!Bce 132 No. 7 16 0 7& IS 6 1,030 ll 8 No. 8 29 0 0 COEEISSIOE AÃD &YAGES AT I'BE BBAEOBES- y No. 9 9411 9 No. I Branch ........ 38 4 8 No. 10 82 5 0 No. 2 No. 11 2918 0 18 2 2 No. 3 26 3 9 No. I& 34 18 10$ No. 4 2812 I No. 13 66 4 3 No. 5 68 No. 14 16 6 65 4 0 No. 6 78 12 2 —39,127 4 86 y No. 7 21 14 0 Additions to Share Capital — ......... .. 2857 2 7 No. 8 30 11 Loan Capital 1,094 15 o No. 9 51 Deposi&e in Penny y 5 0 Bank, Central 916 6 6 No. 10 27 17 0 No. I Branch. 11 2 4 No. Il 26 11 0 No. 2 Branch. 22 4 I No. 12 39 0 0 No. 3 Branch. 14 16 I No. 18 Sg11 0 No. 8 Branch .. 13 S 10 No. 14 29 18 0 No. 11Branch 5 0 7 561 14 8&y No. 12 Branch „Withdrawals from 46 16 3 Share Capital 4,221 Ig 3 9»y No. 13 Branch 310 0 from Loan Capital. , ........... 1,289 410 i» 1,03'& 19 8 from Penny Bank ............... 655 4 2»' Bepayments fmm House Parehseere —Members Property „d.dditioue to Fixed snd. Bo!ling Stock 3$ Accouat.