History of the United Co-operative Baking Society Ltd. : $b A fifty years' record 1869–1919Reid, William
History
History of the United Co-operative Baking Society Ltd. : $b A fifty years' record 1869–1919
Reid, William
United Co-operative Baking Society, Ltd., Glasgow
In the autumn of 1898 Mr Ballantyne resigned from his position of stable
inspector, after having acted in that capacity for the long period of 28
years. At the quarterly meeting he was thanked for the long service he
had given to the Society. The committee decided that the office should
be abolished. Just at the end of this period it was decided to open a
distributive depot in Falkirk, for the purpose of supplying the
societies in that district. It was reported to the committee that there
were altogether nineteen societies within a radius of twelve miles
having 38 shops, which were purchasing over 500 tins of biscuits and
5,000 lbs. of oatcakes weekly. The new system was going to be more
costly at the beginning, but the committee were under the impression
that the trade would so increase under the new system that it would more
than compensate for the additional cost.
At the end of 1901 the value of the Society’s property, including land,
buildings, and fixtures, was £145,450, while the share capital, reserve,
and insurance funds amounted to £102,441. Thus 70·5 per cent. of the
total value of the buildings was covered. At the end of 1889, only 23
per cent. of the value had been so covered, and, notwithstanding the
great increase in the value of the properties which had taken place
since that time, the capital, reserve, and insurance funds had increased
so much more rapidly that this very desirable result had been achieved
in twelve years. The trade had grown very rapidly also in the same
period, and, just at the close of the period, permission was granted to
the directors to hold a demonstration for the purpose of celebrating a
turnover of 3,000 sacks per week.
CHAPTER XIII.
CLYDEBANK BRANCH.
PRELIMINARY NEGOTIATIONS—THE BRANCH DECIDED ON—THE HUNT FOR A SITE—THE
BUILDING ERECTED—INCREASING TRADE—FURTHER EXTENSIONS—A DISASTROUS
FIRE—THE PREMISES REBUILT—A BAD SMASH—PRIZE WINNERS—GOVERNMENT
CONTRACTS.
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