Denaby Main Industrial Co-operative Society, Ltd.

July 1894

Mexborough & Swinton Times – Friday 27 July 1894

Denaby Main Industrial Co-operative Society, Ltd.

The 43rd report and balance sheet for the quarter ending June 18th has just been published.

The attendance of the committee out of a total of 13 is as follows:—Mr. W. H. Chambers, chairman, 13; J. Cramp 13; J. Rose 13; J. Dixon 8; R. Wright 13; J. Blunt 10; W. Terry 13; J. Soar 13; T. J. Baylis 13.

Auditors, Mr. F. J. Hughes and F. Croft.

The sales for the quarter amount to £3,081. The profits to be disposed of are £695.

The results enable the committee to pay a dividend of 5s. in the £ on members’ purchases, after paying interest on capital and the usual allowance to the reserve fund, depreciation of fixed stock, and to non-members’ dividend, carrying a balance of £24 10s. 1d. to next quarter.

President, W. H. Chambers; treasurer, J. Rose; secretary, T. J. Baylis.

The quarterly meeting will be held on Saturday, in the New Schoolroom, Denaby Main, to pass the minutes of the committee, pass the balance sheet, and elect two committee-men and one auditor.

The following account of business done since the commencement of the society will be interesting:—

Denaby Main Industrial Co-operative Society – Financial Summary

PeriodCapitalGoods SoldProfitDividend
First 7 years£503£32,921£3,1423s 0d
8th Year£1,157£3,062£1,6524s 9d
33rd Quarter£2,867£5434s 9d
34th Quarter£1,639£2,925£5644s 9d
35th Quarter£1,770£2,697£5644s 9d
36th Quarter£1,902£2,842£6004s 9d
9th Year (total)£11,291£2,271
37th Quarter£2,089£3,316£6414s 9d
38th Quarter£3,342£6884s 9d
39th Quarter£3,425£7024s 9d
40th Quarter£3,280£6744s 9d
10th Year (total)£13,433£2,705
41st Quarter£2,388£2,323£4124s 6d
42nd Quarter£3,083£6044s 6d
43rd Quarter£3,081£6955s 0d