27 FEBRUARY 1864, Page 3

The Manchester and Salford Co-operative Society presented - their fifth annual

and twentieth quarterly report last Tuesday, and a meeting was held in the evening in the Free Trade Hall, under the presidency of Mr. T. B. Potter, to celebrate and promote the success of the society. The object of the society is to procure and sell pure food to its members. It has a butchery, bakery, grocery, and drapery department. There are 974 members owning a capital of 6,2891., or about 61. 8s. a piece. The report was exceedingly cheering. Though the year has been one of so much distress, it had been much the most profitable since the society was founded, in 1858. The chairman, in a wise exposition of the great advantages of these societies, in which the interests of capital and labour are identified, stated that their financial position was eminently satisfactory.