The co-operative movement in Russia; its history, significance and character . e are no complete data concerning the work ofthe L nioiis of Credit Societies, and out of the 100 l^nionsin existence, we have information about 52 only. The summarised balances of these 52 Unioiis ofCo-operative Credit Societies show the following picture: — Turnover. Deposits. Advances. Current Account with Bankers. £ £ £ £ 1st January, 1915 7,617,000 4,521,000 ,000 1,101,000 1st January, 1916 12,108,000 7,407,000 7,185,000 1,889,000 1st April, 1916 .. 15,339,000 9,267,000 4,971,000 3,305,000 Jst July, 1916 2
The co-operative movement in Russia; its history, significance and character . e are no complete data concerning the work ofthe L nioiis of Credit Societies, and out of the 100 l^nionsin existence, we have information about 52 only. The summarised balances of these 52 Unioiis ofCo-operative Credit Societies show the following picture: — Turnover. Deposits. Advances. Current Account with Bankers. £ £ £ £ 1st January, 1915 7,617,000 4,521,000 ,000 1,101,000 1st January, 1916 12,108,000 7,407,000 7,185,000 1,889,000 1st April, 1916 .. 15,339,000 9,267,000 4,971,000 3,305,000 Jst July, 1916 21,070,000 13,574,000 5,852,000 7,023,000 The a,bove table shows the powerful growtli of theUnions. It is important to draAV the attention of the reader tothe decline in the amount of advances made in 101(5as compared \\ith 1915. This points to an abundanceof ready money in the Russian village, and to a con-traction of purchases caused by war conditions. On the Jst Jidy, 1916, some 50 Unions counted 2,813aftiliated societies, , an average of 50 societies in ()S < ( [N TvlSMlA. UmoNS of (ONSUMKIIS .SOCJETIKS. The Inions of Consiinieis .Societies, aecorcliiig to streuiithand to tlio area covered hy them, may be convenientlydivide d into five heads- (1) Sniaii local rnions coinliininii; a small niuniui- of Co-opevatixc Sorieties near district townsor railway junctions. (2) Divisional. v\ ith headquarters in the administrative centres cf ])rovinces. Usually they cover aprovince. (3) Territorial,.operatinti; in several provinces. (The Petrograd, Perm, Vologda, and other l^nions.) (4) Regional, coveruig huge territories, such as the Union of Siberian Creamery Associations, andthe Transcaucasian Union of ConsumersSocieties. The latter was formed only recentlyand covers 11 provinces. (5) Central oiganisations, snch as the Moscow Union of Consumers Societies, which serve as centres for the whole of , we have no data as to the turnovero
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