Fonds - Fishermen's Union Trading Company Limited (Greenspond, N.L.) fonds

Title and statement of responsibility area

Title proper

Fishermen's Union Trading Company Limited (Greenspond, N.L.) fonds

General material designation

  • Textual record

Parallel title

Other title information

Title statements of responsibility

Title notes

  • Source of title proper: Supplied title based on provenance

Level of description

Fonds

Reference code

Edition area

Edition statement

Edition statement of responsibility

Class of material specific details area

Statement of scale (cartographic)

Statement of projection (cartographic)

Statement of coordinates (cartographic)

Statement of scale (architectural)

Issuing jurisdiction and denomination (philatelic)

Dates of creation area

Date(s)

  • 1914-1922 (Creation)
    Creator
    Fishermen's Union Trading Company (Greenspond, N.L.)

Physical description area

Physical description

10 cm of textual records

Publisher's series area

Title proper of publisher's series

Parallel titles of publisher's series

Other title information of publisher's series

Statement of responsibility relating to publisher's series

Numbering within publisher's series

Note on publisher's series

Archival description area

Name of creator

(1913-1977)

Administrative history

The Fishermen's Union Trading Co. Ltd. (FUTC) was established in Newfoundland in 1911 by W. F. Coaker as the trading arm of the Fishermen's Protective Union (FPU), organized in 1908. A limited liability company, it was intended as a cooperative venture for its union member shareholders. One of its first projects was to establish a series of cash stores for its members. The Union cash stores were intended to make fishermen independent of the local merchants and the credit (truck) system) by providing families with low prices for consumer goods and payment for fish in cash.

Within two years the FUTC had 31 stores in outport communities. In 1913 the FUTC opened 13 new stores, including Greenspond. The Greenspond store was purchased from James Ryan of Bonavista who had a fishery supply and general store at the site (ca. 1895-1913). Although some of the smaller stores were closed in 1914, Greenspond remained open due to its large customer base. The company's fortunes improved following the war.

Coaker's popularity, and that of the Union generally, diminished in the 1920s and 1930s. Coaker resigned the presidency of the FPU in 1923 but continued to head the FUTC. The FUTC abandoned its cash-only policy and adopted a credit system, which it had so vehemently opposed in its earlier years. The FPU was finally dissolved in the late 1950s. The FUTC went into receivership in 1977, and the remaining stores, including the Greenspond operation, were sold. Having operated continuously for 64 years, the FUTC store was one of the longest running businesses in Greenspond's history.

Custodial history

Scope and content

The fonds consists of four account books from the Fishermen's Union store at Greenspond. It includes a daybook containing accounts with the Fishermen's Union Trading Co. Ltd. (1914); men's accounts (1916); and general ledgers (1918 and 1921). The accounts list individuals from Greenspond and nearby communities who traded at the "Union Store".

Notes area

Physical condition

Immediate source of acquisition

Arrangement

Language of material

  • English

Script of material

Location of originals

Availability of other formats

Restrictions on access

No restrictions

Terms governing use, reproduction, and publication

Copyright is held by the creator or his/her heirs.

Finding aids

No finding aid available.

Associated materials

Related materials

Accruals

Alternative identifier(s)

Standard number area

Standard number

Access points

Subject access points

Place access points

Name access points

Genre access points

Control area

Description record identifier

Institution identifier

Rules or conventions

Status

Draft

Level of detail

Partial

Dates of creation, revision and deletion

Created - May 16, 2013

Language of description

  • English

Script of description

Sources

Accession area