20 RUSSIA - CO-OPERATION AND ASSOCIATION 



The number of the small credit establishments is seen to have passed 

 between i July 1914 and i July 1916 from 14,355 to 16,194, that is to have 

 increased by 1,739. The increase of the federations of co-operative cre- 

 dit societies from eleven to eighty-four should be especially noticed. 



§ 2. The co-operative credit societies and the DEPOSIT 



AND lyOAN Funds. 



a) Number, members and capital in shares. 



Of the two types of co-operative societies it is those for credit which 

 have most increased, in point of number, of their membership and of their 

 circulating capital. Saving 2.6 per cent, of them which have an urban 

 character they are situated in the country almost exclusively. On the 

 other hand almost half the number (44.6 per cent.) of the deposit and loan 

 funds are in the towns of the south and south-east of Russia. 



I July I January i July i January 



1914 1915 1915 1916 



Number of co-operative societies : 



Credit 10,401 10,687 11,176 11,412 



Deposit and loan . . 3,728 3,815 3,983 4,042 



Total .... * 14,129 14,502 15,159 15,454 



Number of members : 



Co-operative credit 



societies 6,948,000 7,228,000 7,714,000 7,787,000 



Savings and loan 



funds 2,199,000 2,261,000 2,306,000 2,298,000 



Total .... 9,147,000 9,489,000 10,020,000 10,085,000 

 Circulating capital (in terms of thousands of roubles) : 



Total .... 773,162 710,047 809,350 783,859 



On I July 1916 the institutions for co-operative small credit compris- 

 ed more than ten milUon members, allowing an average of six persons 



