GERMANY - CO-OPERATION AND ASSOCIATION 



fied in 191 2 to allow it to grant loans on current account to these societies, 

 and to issue bonds based on these loans. Since 1912 the business of the 

 Central Banks with non-credit co-operative societies has increased, while 

 the business of the credit banks has diminished more and more and several 

 of them have been wound up. 



At the end of 1914 there were six co-operative banks for non-credit 

 co-operative societies in Breslau, Dantzig, Cassel, Ludwigshafen and Stras- 

 bourg, but the three latter are being wound up. 



On 31 December 1914 the number of members was as follows : 



Total. 



Breslau 187 13 200 



Dantzig 86 35 121 



Cassel 16 5 21 



Cologne 8 9 17 



Ludwigshafen ii 10 21 



Strasbourg 6 7 13 



314 79 393 



On 31 December 1913 the capital in shares was as follows : 



Number of Shares Paid-up Capital 



Breslau 5.234 1,055,480 marks 



Dantzig 1,867 370'i62 » 



Cassel. 865 173,000 » 



Cologne 584 . 5,840 » 



lyudwigshafen 4,946 98,920 » 



Strasbourg 462 9,260 » 



13,958 1,712,662 marks 



The working capital was as follows : 



1913 23,852,966 marks 



1914 19,856,625 



