The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1870-07-02
Woman's Cooperative Union NJ O..
Francisco,

ing Call of San Francisco, of June "a.
The second annual meeting az i.
Women's Cooperative Union vas hsIS ~
last evening in the hall of the YornS
Mems Christian Association NM
Louisa M. Babcock, President IN M
chair. The meeting was called n :,
der by Rev. Horatio Stebbins who -
nounced that he had been renue.taa
by the President to state that this w..
the annual meeting to hear the reDorts
of the officers, and to ascertain II NM
Improvement could be devised IN M
management of the affairs in the Union
The minutes of the previous meeting
were read and approved, after which
the following reports were read
AS President of the Woman's O.
operative Union, it affor's me great
pleasure to be able 20 announce q
favorable a condition of lfairs, which
should encourage all to greater efforts
in behalf Of our institution, 50 useful a
the industrious portion of the com.
munity.
BY the report Of the Secretary, YOU
will perceive that the association hm
not only held its ground, but has made
net profit of over thirty per cent dur.
ing the two years ending with March,
1870.
This profit being represented BY
goods, has rendered the dividend here.
tofore impossible but by the pay.
ment of the assessments now due, It
will place the association in cOndi.
ton to commence paying dividends,
which a continuation of our present
success will enable MS to make per-
manent feature Of the Union.
The aim of this assoction is To Gu.
sure a safe and profitable investment
Of money paid on shares, and ensure,
also, good wages to all employed.
Our report will be its own voucher Of
our success in reaching this aim.
The present constitution has been
found inadequate to the needs Of the
association, and | would suggest that
committee be appointed at this meet
ing to revise the constitution and sub.
nit the same to an adjourned meeting
Of this convention.
In conclusion, | would return thanks,
in the name of the Trustees, to those
members who have by their efforts
aided us, as well as those who, by
their expressed confidence in the sue.
cess of our Union, have encouraged
rs to our present prosperous condi
ton. All those who have been en-.
gagged in a like enterprise can appreci.
ate the value of such aid
LOUISA nj. BABcoCK,
Pres. Of Woman's Co-Op'te Union.
We are able to present the follow.
ing encouraging report Of the financial
condition Of the Woman's Cooper
tive Union
Assets .Sl2,OlO7s
LIABILITIES.
Capital stock = 1886
Accounts dre. l,74ST
--$9,2 1885
Balance. .ss7ls@
The balance Of assessments due on stock sub
scribed for is about 81, $50, pay nent Of which
there will be cash enough in Ne treasury 70 CO.
able dividend to be declare
TIE entire number Of workwonen employed
since the commencement has been go.
Total amount wages paid 70 women s22SslsI
Average monthly amount. ASVo
Gross amount Of sales. 4s,esAw
Yearly amount of sales. HIsoh
CoELA Curtis,
Secretary Of Women Co operative Union.
SAN FRANcIsCo, May 81, 1870
Mrs. Curtis, Secretary Women's CO-OPeraus
Union
Understanding there il to be meeting q
your Union to morrow evening, and being an
able to attend, | take pleasure in handing !Ou
the fIllowing statement
All bills that are due are fully paid Up, al
there is cash balance in my hands Of sS1SS1
have on hand bills bought in April, but nos
yet due, TO the amount Of q s4e
Bills bought in Nav, prior to 18th inst. S1S10
Total. .sl,s7s
Less cash IN hand Sass
Balance a 92l4T
Respectfully, EMMA E. Howrs'
Treasurer Woman's Cooperative Unlon'
The reports were received anu
placed on file.
The meeting then adjourned.