Page:Principles of Political Economy Vol 2.djvu/390

nack published by the Society, shows the pecuniary result of its operations from the commencement.

Year.	No. of members.	Amount of capital.			Amount of cash sales in store (annual).			Amount of profit (annual).
		£	s.	d.	£	s.	d.	£	s.	d.
1844	0028	00,028	0	0	——			——
1845	0074	00,181	12	5	000,710	6	5	00,032	17	6
1846	0086	00,252	7	11/2	001,146	17	7	00,080	16	31/2
1847	110	00,286	5	31/2	001,924	13	10	00,072	2	10
1848	140	00,397	0	0	002,276	6	51/2	00,117	16	101/2
1849	390	1,193	19	1	006,611	18	0	00,561	3	9
1850	600	2,299	10	5	13,179	17	0	00,889	12	5
1851	630	2,785	0	11/2	17,638	4	0	00,990	19	81/2
1852	680	3,471	0	6	16,352	5	0	1,206	15	21/2
1853	720	5,848	3	11	22,760	0	0	1,674	18	111/2
1854	900	7,172	15	7	33,364	0	0	1,763	11	21/2
1855	1400	11,032	12	101/2	44,902	12	0	3,106	8	41/2
1856	1600	12,920	13	11/2	63,197	10	0	3,921	13	11/2
1857	1850	15,142	1	2	79,788	0	0	5,470	6	81/2
1858	1950	18,160	5	4	71,789	0	0	6,284	17	41/2
1859	2703	27,060	14	2	104,012	0	0	10,739	18	61/2
1860[1]	3450	37,710	9	0	152,063	0	0	15,906	9	11

I need not enter into similar particulars respecting the Corn-Mill Society, and will merely state that in 1860 its capital is set down, on the same authority, at 26,618l. 14s. 6d.,

1. The latest report to which I have access is that for the quarter ending September 20, 1864, of which I take the following abstract from the November number of that valuable periodical the "Co-operator," conducted by Mr. Henry Pitman, one of the most active and judicious apostles of the Co-operative cause:—"The number of members is 4580, being an increase of 132 for the three months. The capital or assets of the society is 59,536l. 10s. 1d., or more than last quarter by 3687l. 13s. 7d. The cash received for sale of goods is 45,806l. 0s. 101/2d., being an increase of 2283l. 12s. 51/2d. as compared with the previous three months. The profit realized is 5713l. 2s. 71/2d., which, after depreciating fixed stock account 182l. 2s. 41/2d., paying interest on share capital 598l. 17s. 6d., applying 21/2 per cent to an educational fund, viz. 122l. 17s. 9d., leaves a dividend to members on their purchases of 2s. 4d. in the pound. Non-members have received 261l. 18s. 4d., at 1s. 4d. in the pound on their purchases, leaving 8d. in the pound profit to the society, which increases the reserve fund 104l. 15s. 4d. This fund now stands at 1352l. 7s. 111/2d., the accumulation of profits from the trade of the public with the store since September 1862, over and above the 1s. 8d. in the pound allowed to such purchasers."