Page 360 - The_story_of_the_C._W._S._The_jubilee_history_of_the_cooperative_wholesale_society,_limited._1863-1913_(IA_storyofcwsjubill00redf) (1)_Neat
P. 360

The Story of the C.W.S.
         supplies to the value of over £580,000.  Rushden had progressed
         from the £20,000 of yearly suppHes \\dth which  it began to a trade
         of more than £100,000 amiually.  In 1905, when there were failures
         at Rushden amongst firms which had been offering unusually' cheap
         goods, the C.W.S. factory there was standmg  fii-mly.  Latterly,
         however, the advance has been at  Leicester rather than at the
         Northamptonshire centre, so that again there have been extensions in
         that neighbourhood. The removal of the C.W.S. hosiery business to
         Huthwaite, and the use of the Cranbourne Street works for printing
         and boxmaking, has enabled the original Duns Lane factory to send
         its boot boxmaking to Cranbourne Street, and devote itself simply
         to making boots and shoes.  This was in 1908, in which year the
         Enderby factory was also extended.  The immediate results, during
         an ensuing period of bad trade, were not in proportion, but the last
         two years have seen a return to the high figures of the year named.
         The Rushden factory, however, has not yet regained the position
         of 1908, either in suppUes or  profits.  This same quotable year
         was unusuall}' profitable at Leicester, although the annual figures
         there have always been on the right side.  It should be added that
         Mr. Butcher, in his seventy-first year, retired from the Leicester
         management in 1904, being succeeded by his previous assistant,
         I\Ir. T. E. Hubbard; and at Rushden Mr. Ballard, retiring in 1912,
         has been followed by Mr. Tysoe.
            It would be tedious and unnecessary to treat  in the same
         detail the last twenty years of the Heckmondwike Boot, Shoe, and
         Currying Works.  As a heavy boot   factory, relying upon the
         co-operative demand for old-fashioned, wet-resisting, hard-wearing
         " kip " leather, it was especially affected by the changes in pubhc
         preference which already have been noted.  While the increasing cost
         of leather bore most heavily upon its trade, the new Uking for lighter
         footwear combined against its sales.  These factors produced two
         crises in the later history; one in 1897 and the other just ten years
         later.  During the whole of 1896 losses were accumulating until in
         1897 they totalled some £4,000.  An increased depreciation following
         upon extensions in 1896 affected the returns, but this cause was
         not in itself considered  sufficient.  The Committee undertook an
         investigation, and a change of management followed.  Mr. Redfearn
          (of Heckmondwike), speaking upon these losses, quoted a bibUcal-
         minded shoe buyer as saying that " the boots and shoes made at
         Heckmondwike had neither form nor comehness, and when j'-ou saw
         them there was no beauty that you should desire them."  But even
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