Evening star. [volume] (Washington, D.C.) 1854-1972, 1868-10-15

The Journeymen Printers Co. operative As
soclauon OF New \ ork report that their orgaui-
zatlon was started in 1865, when twenty five
lourneymen agreed TO contribute each - a
week for two years, until sufficient capitaI WAS
RAJ ed 10 carry IN the enterprise. On Nav Isl
l-65, they commenced business with a fund OF
S3'2OO Il quantity OF second hand type. almost
new, and other materials for a printing Office
which hHd cost S6,5O0 were for sale al Sl.50n.
and these the Association bought, expending
the remainder of their capital in iob TYNE and
Job presses. AT first two hands only were en-
ployCd, but the time even of these was not
completely filled, and loss was consequently
entaiisd. Soon after two more were added,
ana finally dozen, but work fell Off and a
portion returned 10 their former Offices An
average OF six only Were employed duriug ne
hrst year, realizing an excess over the So a
WEEK wages PAID OF S3,OOn. Eight hundred
dollars OF this was given for rent 800 for fuel
and etceteras, and the balance for more TYNE
Ihey nave now valuable office. and ara pre-
pareo 10 execute any description OF work The
business OF the Association has much increased
thls year, and they expect to employ a constaut
average of sixteen haEds. This should realize
LOT tnem about $50 o over wages, a large pal [
OF which they will te able &c divide Tbav a 70
now doing considerable amount of BOOK and
JoD work, and are printing two weekly ana
three monthly journals
The Manhattan cooperative Grocery Stora
winch laiely closed, after having been oae
year IN existence, has reported, through its
fFesldent, that when first organized and
opened the sales amounted to Sl,IOOa a week
6ut bad management and high rents proved
load TOO heavy for the stockholders to carry
ana they had lost during the year $780, The
association had made an assignment of its ef-
fects for the benefit of creditors and the stock
ana nxtures VIII meet some OF the liabilities
Ihe President considered that this failure
should rather encourage than discourage work
ing men TO take up the Principle of co-opera-
tion. He therefore urged the starting of anotb
er cooperative store. AT a meeting OF the
irlends OF cooperation, at which these state
mehts Were made, ii was announced that an
ASSOCIATION would be started under the title of
the . working Mems Cooperative Pro vision
Assocla lon," the membership TO be limited TO
one hundred; the capital stock sj.UUa, in shares
OF 20 each, and S2,UO TO be paId in before
starting, so that the Association may Lrocure
charter under the State laws Subscriptions
TO the amount OF $500 were Immediately made
al q recent meeting of the Bricklayers' Pro-
tectlVe Union of New York, q prospectus was
read ola cooperative building society which
1t is proposed to establish, with a capitaI of
SlOO,OOO, in 5000 shares of $50 each, 10 be paid
In at con venisnt intervals.
In New York city, there has been established
a society called the Mechanics and Trades
mems Permanent Benefit Building Association
he object OF the Association is, by co-opera-
ton, to make tenants their own landlords, 10
give permanent employment TO its own mem
Der mechanics, and embraces the principles of
saving institution and life insurance com
pany.