, 1870-01-24
Cooperative Stores In England.

An excellent rtport Of the sesTlceableuess Of
eo,opT1aaye sto1ea N country places was lately
1ortHolth. GIoucestctshire, which His Lordghfp
described, has lately nnaerlattn the daily sale of
q nk in The neiqhoo1hood. The dmuict being
Principally ore Of dairy farming may be Sad 70
dow with 1uuk. but hitherto, strange to ssy, mix
has been alncse impossible 10 procure. DAILY
sSa Il 91sa1 Tasa 1a and a
TO dispose Ct II, the store now undertakes The
wo1k Of diatr1b1ttng Il retail. to the very Ercat
sdsanaSe o. az c!a,sss M ,s n ths locality Toe to
DucieI published report: -
''1n March, 1867, some twenty Of the most INTEL
tempt n stots iol ecet HsssI . A.
60 waa subac1tbed BY them on the spot a. ahare
capital. and = committee was elected. Suitable
nstinas we're extempoiized, stoles were We1s 'Iyg M.
Chased, and in few days Ea!el commenced
ReatJ-mo1eJ poJment wss established, md has
"The committee va composed Of persons OF
81 ss;,S 5,s s9i,s a .as
Days to the store, With the occ4aonA help OF 4
schoolboy II CLERK, YVES found sufficient to carry
on tn9 business. begirnl1E with but modernse
and hsa aept himself fairlJ 1u Level with tne In.
"1ne store . conducted on the principle OF
so!d II the ordinary 1hop prices, and al she end
OF every quarter q division Of pronts is made
1DonE the puYch1 8erfs Shareholder n take double
the profits Of non.anareholdlng ccssomerF, and re.
ce1ye In addition per cent per aunpm lnte1eat on
their ps1d.up tnare csplllL
"T1e hJBtem Of quarterly dividends lueutey at
eaSt qusltel's saFtuR, and tno store operates 70
have always been behind IN the world 1nd them.
ke1ges at the tId Of the quarter In tue novel po.;-
ton Of capltalstA md are asoltshed to learn :has
while they have been receiving ineir goods 1t the
u4ual pr4ces, and Of better quality than torueriy
. f1cd has been mTeteziously scc1mnlatluR Vnlc1
Ii then IN, and which l. large or Email in pro-
portion 10 tie extent OF tnett Purchases. A man
kttn 1srfe faul!. and whose expenditure On
the neeessaties OF l1e Is coE1euutntJ large, taus
nncs new Light thrown upon the text which as
sure4 hin that happiness Ii among the pssse Sons
Ct hin Whote CULVER u full Of young children.
ms}ol..y & Of ne poos are dsea!y, almost
however, fouted BY the advantages to be derived
BY cea:pg It the store hare areAdy freed them
seyeE. and olhsts ate for the nrst ume III nu,ated
themselves Of The bencns which their more piu-
dent or trore prosperous Eelxnbors eptoJ. The
Eoral action Of the store thus becomes Of rEe1t
ssine. ehcnnseing .utue which preceps alone
1.-THE ana1enolde1s At the end OF the nrs. year
are A. follows: Laborer1. Is: catpente1H and ma
soEs: II: uadstMeD. 2; f.sme,s, 6: gardencrs, 8;
various occupations, 10. Large pu1chagea have
been nnce b. non shareholdeEA receiving only
1ne t1les naare heeu-for tbe arst ouarter
esso: second, $50; third. ctss; fourth. e5ii'
TIC ctEtderds 10 shareholders hare Been, IN The
Pound e1peated-Icf the 1t1t quarter, M "a:
t.eend, = -; third, 9. q; fourth IS. Cd For
Eos prooaole that tho dividends wiu In
f1tulo fsnge higher than 81 IN the pound- These
afc NE general results: bur think that the fol-
.1. o. ina.Jidg.I III prove Of
counts al tne end Of the year OF lhree lsbosefs
nho }olned nt the commencement: