Co-Operative Society Meeting.

Shortly after seven o'clock, Prof. Ames, the President of the society, took the chair, and said it was with regret he was obliged to state that the expenses of the society were larger than the business. Two years ago, a superintendent had been engaged for three years, at a salary of $1200 per annum, to run the business of the society, as it was greatly in need at that time of an active manager. This was a great expense ; and now room rent has to be added to it, as after this year the society cannot occupy its preset quarters free of cost. A larger business was expected, but out of 1,000 students only about 700 are members. This is much below the estimate, which were for a membership of 1,000 at least, and a business of $40,000. Still, up to January a business of $16,000 has been done, and at Jan. 1st a surplus was shown of $550. While the society was not in debt it was impossible to continue on such a small amount of money, and unless $600 could be obtained the store would have to be closed. So far, $350 has been subscribed, and eight new members added ; and Prof. Ames said if the superintendent were dismissed, and a clerk or so hired in his place, expensed for the rest of the year, and in future, would be $300 or less. Mr. Taussig moved that the society be left open for two weeks longer, in hopes of raising the $600 in the mean time. It was carried unanimously. Meanwhile $67 was subscribed on the floor, and swelled the subscription fund to $417. After much discussion, Mr. Merriam moved that the subscription to join the society for the rest of the year be made $1.50, and the cheap opportunity to get the benefits of the percentage be left open for two weeks only. This motion was carried.

Motion was made and carried to the effect that no assessments be made on the members, and that the subscription book be left open, and then the meeting was adjourned.

Below is the financial statement of the society :

SEPT. 18 TO JAN. 1ST.Cash balance, Sept. 18, $21.63

Received on dues, 1,975.00

Received for general merchandise, 11,399.26

Received for coal and wood, 4,165.78

Received for second-hand books, 319.48

Received for service, errands and cash overs, 147.71

Total, $18,028.76

Paid for Merchandise, $11,312.45

Paid for Wood and Coal, 3,370,98

Paid as proceeds on second hand books, 259,29

Paid for expenses, 1,852,60

Paid as loan, 500,00

Storage, 1.76

Cash in Bank, (Jan. 1), 156.37

Cash in hands of Sup't, 575.41

Total, 18,028.86

FINANCIAL STATEMENT.Resources.

Bank balance, $156.37

Sutp. Cash balance, less cash

bills due, 521.10

Stock in store, 1,799.65

Due from dealers, 230.81

Due from members, 642.6s

Total. $3,350.57

LIABILITIES.Due as proceeds on second

hand books, $86,21

Due on account, 2,485,26

Present worth, 779.10

Total, $3,350.57

STOCK VALUATION.Net worth, 779,10

Probable profit during Jan'y, 100.00

$879.10

Less January expenses, 427.49

Probable net worth (Feb. 1st), $451.61