1893 - New Jersey State Library

I R F A U O F S T A T I S T I C S

01' I,AI;".R AND iMÛSTHMio

OF Nf-AV JFR.C,F.Y,<11! A JS. 11, ; • 11\ i ;\ i i •; i MYI AJST,

Chief.

SIXTEENTH ANNUAL REPORT

of the

Bureau of Statistics

of

Labor and Industriesof

NEW JERSEY

For the Year Ending October 31st

1893

?7H•90/L3I '

TRKNTON, N. J , :MACCKHI.LIHU SL <V)I'1«LSY, BOOK AND Jolt PRINTERS.

1804.

Contents.

PAGE.

INDEX TO SUBJECTS ix

LETTER OP TRANSMITTAL xix

INTRODUCTION xxi

PART I.—United S t a t e s Census Returns , 1800 1-51What the Manufacturing Statistics contain 3-6Contribution to Wealth of Country 5Comparative Summary of Manufacturing Statistic?, United

States, lKfo), 1890 6, 7Comparative Manufacturing Statistics, New Jersey, 1880, 1890, 7, 8Leading 8tate Industrie?, Product, Capital, Wages and Em-

ploye* 9-12Female Employes in Specified Industries 12-14Children Employed in Factories 13,14Comparative Number of Men, Women and Child Workers in

Manufacturing.... 14Flax and Sorghum Cultivation 15Value of Farm Productions 15, 16Cereal Acreage.. lfi, 17Live Stock, Milch Cows, and Dairy Products 17Farm Values, Acreage, Ownership and Number of Farms 18, 19Table I —General Statistics of Manufactures, totals for United

States, by States and Territories 20-23Table 2.—Statistics of Leading Industries, Comparative for

New Jersey and United States 24, 25Table 3.—Statistics of Manufactures, by Specified Industries,

New Jersey 2(>-41Table 4,—Statistics of Agriculture, by Counties—Farm Acreage

and Values 42Table 5 —Classification of Farms by Acreage and Tenure, by

Counties 43, 44Table 6.—Live Stock and Live Stock Products, by Counties 45Table 7.—Miscellaneous Crops of Farms, by Counties 4(5Table 8—Cereal Production, by Counties 47Table 9.—Statistics of Manufactures, totals, by Counties 48-51

PART II,—Social Development and the Functions of Bu-reaus of Labor Statiatios 53-69

(Hi)

iv CONTENTS.

IM(JK.

PART III.—Free Public Employment Offices 71-7.S

PART IV.—-Woman's Work and W a g e s 7<) 111Results of the Factory System s l MComparative Number of Men, Women and Child Worker* in

Factories s:i, s |United States Labor Commissioner on s \ \h)Summary of Bureau Investigation s< *<>Number and Class of Working Women investigated NH, S7Nativity s™Afite • • •— s "Years at Work a ;Hours of Work s7, KsClassified Wage Rates and Annual i n c o m e , ss , suExpenditure, Classified, Surplus and Debts s«>, <n»Character of Workingwomen HOTable 1.—Summary 1—Nativity and Age u\ \i\

Summary 2—Work Time !»•> vsSummary H—Wages and Regularity of Employment MM 1*2

Table 2.—Summary I—Conjugal and Home Conditions ll.'MHiSummary '2 —Kent and Board 117 li'OSummary ',)— Income, Expenditures, Saving? l - l - l . - l

Table 3.-—Collated Statistics from Piece Worker* \'S> \:\;\Table 4—Establishments, Work-timeand Wages i:!l-i;!t)

P A R T V.—Oo-oparat ive Bui ld ing and L o a n Assoo ia t ionH. . ll;'» \7',\Delinquent Association I 15New Incorporations 1 |."», I HiOld AsBociations out I idNet Increase in Number I 17Not Verified Reports* I 17Comparative Number and Total Associations in Operation,

1888-?93 I IS-!,")()National Associations I H)Serial, Terminating, Perpetual Associations U'^ t.ioNumber of Non-resident Stockholder I;»|, \yjComparative Summary of Results, 18iH)-0:i i;»;{-|.)5Savings Banks i;>4Paid-up Stock !:>!, i,V>Shareholders and Borrowers, Males, Females and Corpora-

tions |.v»Classified Summary of Associations by Net Aeseiu, Shares,

Pledged ShartP, Shareholders, Borrowers and Series l&tt ir»HOlaaslfied Summary of Associations by Age , 151)Largest Association? ir>u, I noComparative Summary, by Localities, of Aggregate Number

of Associations, Net Assets and Shares, IM2, \nm \aot U\l

CONTENTS,

PART V.—Co-operative Building a n d Loan Associations—Continued. PAQB.

Gross Resources and Net Assets, Total 162Indebtedness, Total 162, 168Receipts and Disbursements, Total, Itemized 168-165Losses and Defalcations... 168, 164Shares Cancelled and Issued Daring Year \ 65-167Shares Matured During Year 167, 168Fines Paid During Year 160, 170Interest and Premium Ratep 168, 170-173Formulas to Transfer Gross into Monthly Premium Rates 172, 178Mortgages and Loans, Size of. ....*..,... 178, 174Arrears, Total 174Outside Loans 174, 175Dwellings Acquired 175-177Statements by Secretaries of Associations: Orville Co-opera-

tive, Park Ridge Washington Township, RutherfordMutual, Fieldsboro Mutual, Woodlmry Real Estate,Montclair, Newark Hearthstone, Mutual Land andHom«, North End, Roneville, West End, and New Bruns-wick American 178-184

Number of Associations in the United States, and Facts Re-lating to Membership Thereof. 184-187

Appendix I.— Detailed Statistics of New Jersey AMBociationp... 188-481)Summary 1.—Classification of Association*, Net Assets IKS-UK)Summary 2,—Classification of Associations, Number of Shares

Outstanding 191-198Summary 8.—Classification of Associations, Number of Shares

Pledged 194-1MSummary 4.—Classification of Associations, Membership 197-1&OSummary 5.—C'assification of Associations, Borrowers 100-208Summary 6 —Number of Series, Shares Outstanding, Issued

and Canceled During Year, and Bhareholdwre.. ...*.,„ 204-207Summary 7.—Number of Shareholders and Borrowers, Male,

Female and Corporations r... 208-210Summary 8.—General Statistics; Shares and Shareholders;

Net Assets and Profits; Amount of I)«bta Owing bv As-sociations, of Receipts and Disbursements; Current OfficeExpenses 211-280

Summary 9.—Investment of Assets, Arrearages, Dues inAdvance 281-238

Summary 10—Maturity of Shares, by Associations, DuringYear 280-248

Summary 11.—Interest and Premium Rates, by Associa-tions, During Year 244 247

Summary 12.—Premium Plans, by Associations 248-251Summary 18.—Periodicity of Issuing Shares, Maturing Valu*

of Shares, and Installment Dues Payable 252-254

vi CONTENTS.

PART V.—Go-operative Building and Loan Associatione—Continued. 1>A(JK.

Summary 14.—Mortgage and Book Loans to Single Stock-holder? 5?JV>-*J:>7

Summary 15.—Placing of Loans During Y e a r — R a d i u s of DiH-tance -*»» ->'•»

Table 1.—List and Location of Assoc iat ions , and N a m e s o fSecretaries; Dates of Organiza t ion; P l a n s ; Frequencyof Issuing Ser ies ; N u m b e r of Ser ies Issued, R u n n i n gand Matured; I n s t a l l m e n t Dues P a y a b l e ; Matur ingValue of Shares l.'<>0 U81

Table 2.—General Statistics, by Assoc iat ions , S h o w i n g Age ofAssociations, Dates of Reports , Total Number of Sharpsin Force and Pledged, of Shareho lders and Borrowers ;A m o u n t of N e t Assets , of D u e s Paid on Shares in Forceand Net Earnings; Debts Owing by Associations, andReceipts and Disbursements During the Year lisu-.'tun

Table 3—Statistics, by Associations, Showing Nature of In-vestment of Assets; Arrearages; Dues in Advance; Ag-gregate Loans to One Stockholder; Loans to Non-Stock-holders; Securities in Default, Amount and Losses ; Plac-ing of Loans; Interest and Premium Rates; PremiumPlans; Rebater :tlM~:{s:5

Table 4.—Statistics, by Associations, Showing Total Numberof Shares in Force, Issued and Canceled During Year;Shareholders and Borrowers—Males, Females and Cor-porations; Houses Acquired During Year by Borrowers... .'tN4-4or>

Tabled.—Statistics, by Associations, Showing Total Numberof Shares Outstanding in Specimen Series ; InstallmentsPaid per Share ; Net Holding Values, and Profits ; With-drawal Values and Withdrawal Profit? 40(M:w

Appendix II.—Decisions of New Jersey Courts of Chanceryand of Errors and Appeals in Lincoln Association v.Bowen, on Fines and Interest II1-117

Appendix III.—Papers Read Before the New Jersey Buildingand Loan Association League, January, 1894 ; PremiumPlans, by Alex. Christie; Apportionment of Profits, byJames Warrington; Defects in Building and Loan Asso-ciations, by Win. B. Smith, J. L. Jamison, and J. J. Bur-leigh 44N-WK

How to Provide for the Payment of Maturing Shares, byHon. Seymour Dexter 4118-471

PART VI.—Labor Legislation of N e w Jersey, 1804 47~>-47i>Repealing Act to Appoint Commissioner of Minep 17f>Further Defining Duties of Factory and Workshop Inspector, 475, 470Relating to Employment of Labor by Corporation*? 47*1, 477Providing for Free Text Books in Public Schools 477, 478

CONTENTS. vii

PART VI.—Labor Legislation of New Jersey, 1894—Con-tinued. PAGE.

Fur the r Regulating the Appointment of Commissioners ofPilotage and Pilots 478, 479

PART VII,—Building and Loan Association Laws of NewJersey 481488

INDEX.

PAGK.

Acts of legislation, New Jersey 473-479Building and Loan Association 481-488Labor laws 473-479

Agriculture, Statistics of New Jersey 3, 15, 19, 42-47

Books, Free School Text-Books, Provision for 477, 478

Booth, Charles, Work of 62, 03

Bounty Legislation, Besults of. 15

Building and Loan Associations of New Jersey, Co-operative 143-471

Age of association 158, 159, 188-190, 282-323classification by 159in United State? 186

Advance payments 174, 211-288, 325-382Arrearages 174, 282-288, 324 381Assets, gross 102, 231 237, 324 380

net 153, 156, 160, 161, 188 190, 211-237, L'82-322Borrowed on shares, number of. 153-155, 157, 204 207, 211-227 281! 322,

385-405Borrowed money 162, 103, 212 230, 283-323Borrower*?, classification by 157, 200-203

male, female, corporations 155,208-227, 385405number of. 153-155, 200-227, 385-405United States, in 186

Burleigb, J. X, on defects in 467, 4«8Business depression, effect of. 152, 153, 178

on savings banks 154Canceled shares, amount paid on 1(53, 165, 214 230, 285323

number of 105-167, 204 207, 384-401Capital, net. See Asset*.Cash on hand 174, *tf I -2:i7, 324-381

borrowed and repaid 162, 163, 212-228, 283-323Christie, Alex., on premiums 419-455Classification of associations, summarized 156-158, 188-203Comparative statistical summariep 148, 150, 153-158, 101, 168, 172,

173, 177

INDEX.

Building and Loan Associations of New Jersey, Oo-opera-t ive—Cont inued . PACK.

Corporation?, shareholders aud borrowers 155,^08-210, 88-V 405Court decisions—Chancery and Errors and Appeal? 441-447Counsel fees in , 184Current expense? 1G3,165, 214-280, 285-323Debts of association? 102, 103,212-230, 283-323Defalcations 164Defaults in securities 164, 820 883Defects in, papers OD.. 401 471Delinquent association? 145,147Depression, business, effect of. 152-151, 178Dexter, Hon. Seymour, on maturing sham* IOH-471Disbursements 103, 214-230, 1?S3 323DiscountHby 102, 108Distance of making loan?, radius of, , 174, 258, 255), 320 383Dues, interest and fine? 103, 168-173, 178, 213-238, 324 383

advance...... ., ..174, 232-238, 324 383installment 211-227,282 322

Dwellingp, acquired through 175 177, 180, 385 405in United States 180

Earnings, net 107, 108, 211-227, 239-243, 282-322Expensep, current , 103, 105, 214-230, 285-323Female shareholders and borrowers 155, 208-210, !iS5-405Fines paid 103,109, 170, 213 %\H

arrear? 109, 232-238, 324-HH3court decision on 442, 440, 447reasonable, when collectible 442,440, 447

Firms. See corporations.{._. Foreclosures 104, 320 38,*

Foreign association?.... 144Forfeited shares 100, 107, 384-405Formulas for finding premium rates 172, 173Homes acquired 175-177, 180,3*5-405

in United State? « 186Homestead Association, plan of. 147, 180-182Increase and decrease in business 153, 154,161), 101, 204, 207

in number of associations 145, 147, 153Indebtedness of associations 162, 163, 2!2~:0, 283- 323Installment dues 211-227, 252-254, 261 281, 282 322, 407 4MInterest and premium.. 168,170-173, 213-238, 244 247, 324 883

on matured shares 168, 239-243Interest, when begins to run 444Issued, shares 165-167, £04, 206, 384-404Jamison, J. L., on defects in 464466Lapsed associations 145,146, 148

share* 106,167,384-405Largest association? 159, KJO

INDEX, xi

Building and Loan Assoc ia t ions of N e w Jersey, Oo-opera-tive—Continued. PAUK.

Laws of New Jersey, building and loan 481 488League, New Jersey, papers read at 449 471List of associations 260 281Location of association? 2P>0 281Loans, amount Utt, 1G5,17a, 174,1KG, '214-237, % 5 2n7, 2-H 38'2

average of outstanding 173,174, 25>257during year \ 214 237, 283 323in United Statep 186out of State 174,175.32H 383placing of, distance 174, 25S, 259, 326 383real estate 173,174, 231-237, 2)5 7 . 324-381repaid 163, 213 229, 283-323aingle stockholders, average to .173, 174, 255 257, 325 382

smallest and largest 173,174, 2fi6 257stock 173,231 237, 255-2o7, 324 381to non-shareholders 174, 175, 325 382undelivered U>2, 212 228, 255-2*>7, 283-323

Local associations, number in United States 186Losses in 1(53,164, 326 383Male shareholders and borrower? \55, 803-210, 385 405Matured series and sharep.. 167, 168, 2*9 243, 2ft 1 281

interest OD 168, 239 243payment of. 183,468-471profits on , .....168. 239 243

Maturing values of sharep 252 254 261-281Maturing shares, how to provide for 183,468 471Membership 151-151,155, 157,186, 197-199, 205 227 282 322, 38V405Mortgage loans , 173, 174, 231-267,255-257,324-381National association? 140, 151, 186Net assets 153, 156,160,161,186 160,211 2*7,2*2-381New incorporations 145-147Non-resident shareholders 151, 152Number of association?, comparative Bummary 148, 151), 153Organization of associations, dates of. *...... 260 280Out of existence, associations • 145, 146,148

• Outside loan? 174, 175, 32f> 382Paid-up shares 154,156Perpetual association 149,150,158,252 254. 2WV280PUdged flharep 163 155, 157, 194-196, 201 207, 211 227, 282 320, 385 405Placing of loans 174, 258, ?5t), 326 383Premiums, interest and UH, 170-173, 213 238. 214 217, 3:6 883

formulas for 172, 178in arrears 170 173, I'M SHS, :*2& S82legality of. 44J-J-445plans 2*8 251, H5M :W3, 449-456rate? 170-17:', 214-247, 326 383unearned 162, 212 2.8, 283-323

xii INDEX.

Building a n d Loan A s s o c i a t i o n s of N e w J e r s e y , Go-opera-t i ve—Cont inued . ' PAGE.

Profits, net 168, 109, 211-227, 230 243, 282 322, 406-430apportionment of. 455 401

Real estate owned by association? ...174, 231-237, 324 ,'JSlloaoe 17U, 174, 231-237, 2n5«257, 324 ."581

Rebates allowed in..,.. ....,247-251,220-383Receipt?..... .......163, 105, 213 220, 28:? 323Redeemed shares ;.... 166, 167, ;?S4 404Resources, groflg 102.231-237 324-381Salaries paid Ki3, 105, 214 230. L'K:J-;123Savings banks, business of. 154Secretaries, names and residence of. 2<>o, -81

statements by I 78-1S4Securities in default 104. ;i2i> :;.S3Serial associations 14!), 150, 252-2A4, :"<»() 281Series running... 153, lbS, 204 207, 252 254 2M) 2S1

frequency of issuing 252-254, 2<>0 281Shareholders, number of. 151-1VJ, 155, 157, 180, IPMfiti 205-227,

282 322, '585-405and borrowers, sex of. 155, 203-210, 3tf5 405

classification by 157, 197-203in United State? isi>non-resident • 151 152

Shares cancelled, amount paid on K>3, 1(15, 214, 218. 222, i*2*», 230,2S3-3^;, :;SI.4O;J

number of. 165 167, 204, 20(1. 211 i'.'tt), 2S2 .S22, .MSI 403held by one stockholder U)\ I!>.'{, 205, 207, :'S1 IO;|issued M»5-Hi7, 2()l. 2<M» MSI 403matured l<»7, his, 2:>!> 21.:, :<u 2H1outstanding 153 15(1, KiO, h»l, Kill, KI7, 1IH-IW3 204 207. L'l 1 2-SO

282 322, .SSI »(»;{pledged 153-165, 15)4 \Mt 204 207, 211-2-7, 282 ,'{22, 385 104values of. K i; i:o

Smith, Wm. B., on defects in 401 MHState Association? 140, 151Statements by secretaries 178-184

Allendale, co-operative 178Fieldeboro 171)Montclair 1M)Newark, Hearthstone 180

Mutual Land and Home 180North End 1M2Roseville 183West End 184

New Brunswick, American 184Park Ridge, Washington Township 178Rutherford, Mutual 178Woodbury, real estate 179

INDEX. xiii

Building and Loan Associations of New Jersey, Co-opera-tive— Continued. PAGE.

Terminating associations 149, 150, 158, 252-254, 260 281final report of Fieldsboro 4 179

United States, associations ir, number 184187local associations in 186membership fact? 185 187national associations in 180

Unverified statements, associations making 147Years in operation 158, 159, 186, 188-190, 282-324Warrington, Prof. James, on apportionment of profits ,....455-461Withdrawn shares 165-167,384-403Withdrawal values. 169,406-439Women as shareholders and borrowers 155, 208-210, 385-405Worth, net. See Net Asaets.Values of shares 406-439

Burleigh, J. J., on building association defects 467, 468

Business Depression, effect on building and loan associations.,. 152-154,178

Capital Employed in Manufactures. See Censup.

Census Returns, 1890, U. S \\ 51Agriculture .- iJ, 15-19,42-47

bounty legislation, result of. 15cereal crops, acreage lt>, 47comparative statistics, 1880,1800 ll>, 17farm acreage. ' 18,19, 42 44

tenure 18,19, 42-44valuep 18,19,42

farms, number and size of. 18,19, 42-44flax, bounty 15

crop.. 15, 4(>land, improved 18,19, 42-4live stock, value and productions 16,17, 45miscellaneous crops • 4<>productions, value of 15-17, 42sugar, bounty..—. - ........15

crop 15, 4(>Manufactures 3-14,10 41, 48-51

comparative summary, 1880, J SIX) (>-8United States 0, 7New Jersey 8

child labor, extent of and df create in 12,14cities, in Hcapital employed in, total, 1880, 1890 u-8

United States. ,..,...G-7New Jersey.. 8

xiv TMDKX.

Census Returns, 189O, U. S—Continued. IM<JKcounties, totals by is :>iemployes in, total number, mso, lHiK) '» H

United States <>. 7New Jersey *

male, female, children I-Ifemale labor, extent of • 1~\ 14general statistics by States and Territories of. 20-1: {increase in 7. 8leading New Jersey industries 1M.S, 2i, L'5materials uaed ID, total, 18801800 <* s

United States 0, 7New Jersey * H

omitted industries in tenth oenmin, 1880 4products of, total value, 1880, 18M) f> 8

United States.,....., f> t>New Jersey..... 8

specified industries, general statistics.....* ,.. 10 i:i( :M U)tables of, what they show ....,,.........,..,. ..,;*, 4, nwages paid in, total, 1880, 189i) f> s

United States.. r>. 7New Jersey 8

wealth of country, increase of. f>

Oereal OropB Hi, 47

Character of W o r k i n g w o m e n m

Child Labor Vl-H, s;t, sj

Christie, Alex., on building association prerniutiip 4lt> •!':»

Co-operation. See Building Associations.

Corporations. See Building Associations; Labor Legielation.

Court Decisions. See Bnilding Associations.

Depression in Business, effects of. , , WlAftS, J7K

Dexter, Hon. S., on building aseociationp ion J7i

Dwellings Acquired in Buildinar Associations 17., 177

Boonomist, future work of ni2, «I4

Employes, See Oansus. Womea'a Work.

INDEX. XV

PAGE.

Employment Offices, Free Public 71-78Desirableness of. 73-74France, successful operation in 76-78

free municipal registry offices in 77, 78labor exchanges in 78, 77Paris labor exchange 76, 77

Ohio, establishment of, in 74-76Recommendations as to, by Labor Bureau Convention 73, 74Sovereign, J. R., on , ,,s .....73

Faotory Sys tem, effect of. 81,82

Factory Inspector, to inspect mines 475,476

Farm Statistics 3,15-19,42-47

Female Labor. See Census. Woman's Work.

France, Free Labor Exchanges in 76-78

Free Public Employment Offices 71 78

Free Text Books in Schools, provision for 477,478

Homes Acquired from Building Associations 175-177

Industrial and Social Development. See Census. Social Devel-opment.

Interest, when begins to run on mortgagee... 444

Jamison, J. L., on building associations 461-460

Labor. See Census. Woman's Work. Building Associations. LaborLegislation.

Labor Legislation, New Jersey 473 479Corporations, employment of labor by.. * * ...470, 477Factory inspector, to inspect mines 475, 476Free school text-bookp, provision for 477, 478Labor organizations, corporations and « 470, 477Mines, commissioner of, abolished 475Pilots, further supplement to establish and regulate 478, 479

Labor Organizations, Corporations and 476,477

Labor Statistics, Functions of Bureaus of 53-69

xvi TN1)EX-

I'AOg

Land, Improved, in farms, decrease 18

Laws. See Labor Legislation. Building Association*.

League, New Jersey Building and Loau M\)~U\\

Live Stock on Farms H;> 17,45

Loan Associations, Building, and. See.

Male Shareholders and Borrower*. Hee Building Annotation*,

Men, Wages of. See Census. Woman's Work.

Manufactures, Statistics of. See Census

Mines, Inspector of, abolished • 475

Modern Industry, characteristics of 62,63

Ohio, public employment offices in 74-6

Pilots, Act to Regulate »7M7O

Public Employment Offices, free 71-8

Public Schools, free text books in 177, 178

Savings Banks, effect of depression on 154

Savings of Working Women W, r.M-124

School Text Books, free public 177, 178

Social Development and Functions of Bureawi of Labor 53 t\\)Antiquity of political science Afl <H)Booth, Charlee, work of. M, mCharacteristics of modern industry...... .....,,itt) (12Economist, future work of. (\2 i\iIgnorance of economic facts, present '. u-l, (J5Industrial and social development, tendency of 58 •Labor Bureaus, true purpose of. UH, HWMilitary civilization iK>Over-production nil, «i7Political economy, antiquity of knowledge of f»(i. HOProductive forces, capacity of. (17Social improvement, efforts for f>5, MWealth, distribution of m, 67

INDEX.

PAGE.

Smith, Wm. B., on building associations 461 464

Sovereign, J. R., on free employment officep 73

V. S. Census Returns, 1890 3-51

'Wages. See Census. Woman's Work.

Warrington, Prof James, on building apsociatione 455 461

Wealth of Country, increase in 5

Women in Building Associations. See Building Associati m*.

Woman's Work and W a g e s 79 141Bureau investigation, objects and results ...., 84 86Changes in, effect of factory on , ,.,,..,..81, 82Displacement of the man worker 81, 82Increase, relative, of malo and female workers ,8H, 84Wage-earnerf, number of men, women and children 83, 84Workingmen, age of. 87, 01-94

age began to work 87, 91-94board and rent 89, 112-120character of 90Gonjugal conditions , ........89,113-117cost of living of. 89, 90, 121-124home condition? 89, 113-117hours at work 87,88,04-98income 89, 121-124nativity 87,91-94number reporting ...„»... , ........86, 87regularity of employment 83, 99-112rent and board 89,112120savings 90, 121-124seatP, provision for 88,94 98United States Labor Bureau on 85,92years at work ...87,99,112wage rate*? 88, 89, 99 112work time 87,88,94 98

STATE OF NEW JERSEY, OFFICE OF BUREAU OF ]STATISTICS OF LABOR AND INDUSTRIES, >

TRENTON, October 31st, 1893. J

To His Excellency Geo. T. Werts, Governor:

SIR—I have the honor to submit to the Senate and General

Assembly, through you, the Sixteenth Annual Report of the

Bureau of Statistics of Labor and Industries.

CHARLES II. SIM MERMAN,Chitf.

(xix)

Errata.

Page 8, third line from bottom, read " 27 leading cUHHitled itduHtrh^.1'

Page 163, Eeventeenth line from bottom, read " Ones, inltrnt and tine* "

Page 366, fourteenth line from top, read "summary on page /M."

Page 173, third line from bottom, read "Total reporting, ce; i>W; " thirteenthand fifteenth lines from bottom, read "average aiortgagPH."

Page 262, first line, read " 0. A, Allison."

Page 284, twelfth line from top, read >( (rlounester City Impnivrnunt."

(XX)

Introduction.

On the second day of April I was commissioned as Chief otthis Bureau, after a service of twelve years as Secretary; so thatin assuming the position I was not without experience orknowledge of the work and details of the department. But witha very high sense of the duties and responsibilities resting uponme for the continued usefulness of the Bureau, the work ofpreparing the sixteenth annual report was undertaken andprosecuted with all the energy that an earnest zeal to promotethe objects tor which it was created and the means at commandjustified.

Unlike every other department of State government, thiBBureau originates its own work, and the official head is obligedto determine what can best be done in order to comply with thelaw under which it exists. The preamble to the act creating theBureau reads: " Whereas, as guardians of the public welfare,the State authorities are called upon to consider and in all legiti-mate ways endeavor to improve the physical, mental and moralcondition of the citizeus of the State, especially those whose dailytoil contributes so largely to the prosperity of manufacturing andother productive industries." The act provides, that " the dutiesof such Bureau shall be to collect, assort, systematize and presentin annual reports to the legislature, on or before the last day ofOctober in each year, statistical details relating to all departmentsof labor in the State, especially in its relations to the commercial,industrial, social, educational and sanitary condition of the labor-ing classes, and in all suitable and lawful ways foster and enlargeour manufacturing and every other class of productive industry,with the view to their permanent establishment upon a prosper-ous basis, both to the employer and the employed."

As will be seen, the duties imposed upou the Bureau are uotonly important, but necessarily embrace a very wide range ofsubjects and involve a study of the whole field of political and

(xxi)

XXJJ INTRODUCTION.

social science. This comprehends the eolation ot tho induwtrialproblem and the ultimate organization of industry upon a morecomprehensive or scientific basis.

Whether this is practicable or not, there are very low who <JUOB-

tion the importance of the efforts now being made in variousways to obtain, by statistical inquiry, a belter undurHtimding ofthe workings of our social and industrial organization.

The preliminary general statistics of the manufactures andagriculture of this State, tho result* of the eleventh UnitedStates census enumeration, show the extent of our aggregatematerial progress and form it very interesting and vuhmblo partof the present report. The development of our manufacturingindustries, while apparently not as groat an that of the countryas a whole, has been considerable. For the farming interest,however, the returns seem to be less encouraging ; tho largo falliu farm values, as well aa the decrease in tho number of farmsand in the acreage of improved land, indicating tho truth of thocomplaints, current during the past few years, ot tho depressedcondition of agriculture.

The one thing particularly noticeable and gratifying in thomanufacturing data, is tho reported absolute reduction in theemployment of child labor. As compared with tho census your1880, there was a decrease of fifty-seven percent, in tho numberof children employed in tho manufacturing cHtahlinhmoutH otNew Jersey—from 12,152 to 5,813. 'Phis is strong evidence ofthe efficiency of our factory legislation, which only dates back to1883-84.

A iow thoughts on the comparative social and material devel-opment ot the present and past eras, and on the purposes of abureau of labor statistics, constitute Part If; which i« followedby some remarks on free public employment ofliou* under publiccontrol. The establishment of such institutions was recom-mended by a late convention of officials of tho Bureaus of Laborin the United States. These are reported to have mi t with suc-cess, not only in France, where they originated, but in Ohio.

The results of the investigation of the diet t of occupation onhealth and trade-life, which have been an iukrOHtiug feature ofthe past four Bureau reports, have been omitted thiw year, butwill be continued in the succeeding report. In place t h e m f, a

INTRODUCTION. xxiii

summary of the returns from 3,877 individual working womenand girls regarding their work and wages is given. This chapteron woman's work and wages forms the most important in thisvolume—questious which, for two generations, have been theserioiiB concern of every country of any industrial development.

The usual tabulations of statistics from our co-operative build-ing and loan associations, as required under the legislation of1890, ate published in Part V. lieports have been received fromall except two local associations. But in several instances thesecretaries of these associations have exhibited a decided disin-clination to furnish their statements to the Bureau, and a consid-erable proportion of the returns were not verified. Generally,however, our association officials willingly report all the requiredinformation, notwithstanding-no extra compensation is obtainedfor this extra work. These data, summarized and in detail for1893 below, show the increased prosperity of this successful co-operative movement, although the rate of increase, for well-knowncauses, has not been as great as that of the years immediatelypreceding. The 297 associations, known to have been in activeoperation in the fall of 1893, had 93,889 shareholders, owning634,163 shares, valued at $38,836,487. All but a fraction of thetotal gross resources, which exceeded these net assets by $1,989,-025, was loaned to borrowing stockholders, who aggregated22,910, and owned 173,767 shares pledged for their loans.

In the appendix to Part V., extracts from the more importantpapers read before the State league of building and loan associa-tions are reproduced ; also the opinions of the Courts of Chanceryand of Errors and Appeals in the case of the Lincoln Associationof Jersey City v, Bowen, on the questions of interest and fines.Attention also is directed to the brief outline ot what appears to bethe most practicable plan of providing for payment of maturingshares, by Hon. Seymour Dexter, author of one of the standardworks on building and loan associations.

No court decisions on questions affecting the interests of wage-earners have been reported duriug the year in this State. Thecurrent labor legislation, which is not extensive, and the lawsgoverning building associations in New Jersey, are given in theconcluding parts of the present report.

xxiv INTRODUCTION.

I desire to acknowledge the services of James T. Morgan, theSecretary of the Bmeau, who by experience as a practical woilc-ingman, as well as by education, is well qualified for the position.I also acknowledge the valuable services rendered by JosephFischer, chief clerk and statistician, in the preparation of thereport, especially the part relating to building and loan associa-tions, which is mainly hie work.

As all the earlier reports, prior to that for the year 1885, arenow out of print, those who may be in possession of any of thesevolumes, from 1878 to 1884, inclusive, and have no further uaefor them, will confer a favor by returning thorn to the Bureau.

PART I.

U. S. Census Returns1890

PART I.

U. S. CENSUS RETURNS, 1890.

General Statistics of Manufactures and Agriculture for NewJersey, as Reported at the Eleventh U. S. Census.

Through the courtesy of Hon. C. I). Wright, the Commis-sioner of Labor in charge of the U. 8. Census office, the Bureauis enabled to present in this report the preliminary generalstatistics of agriculture and manufactures for the State of NewJersey, as returned at the eleventh U. 8. census, 1890. Asimilar course was followed with the data obtained in likemanner in 1882. collated as per the returns at the tenth U. S.census; for such statistics not only indicate the industrial con-dition of the laboring classes, but show the progress of ourmanufacturing and every other class of productive industry, tofoster and enlarge which was one of the duties imposed by thecreative act on this Bureau.

The figures presented herewith are preliminary, and subject tomodification for the final report of the Census Department.With the exception of mining and quarrying, which forms thesubject of a separate report, the tables of " statistics of manu-factures" below include the data for all classes of mechanicaland manufacturing industries as reported at the eleventhcensus, namely, the totals, by Statos and Territories for theUnited States,* and by specified industries for New Jersey.These tabular statements include only establishments whichreported a product of $500 or more in value during the censusyear ending May 31st, 1890. This was also the basis of thereturns at the tenth census, 1880, but the inquiry was not soextensive, the following industries being then omitted, but areincluded in the totals for 1890, viz.: bottling; cars and general

• From Extra Census Bulletin,, No. 67.

(3)

4 STATISTICS OF LABOR ANI. TNI.USTKIKS.

Bhop couBtrnction and repair, by steam railroad companies;chin* decorating; clothing, women*, dressmaking; cofhns andburial oases, trimming and finishing; ->tton cleaning andrehandling; cotton ginning; cotton waste; drug grinding;druggists' preparation., not including prescription.; gas ilium,-nating and heating; hay and straw baling; and millu.ery,custom work Petroleum refining formed the subject ot a sepa-ratc report at the census ot 1880, and the statistics were notincluded in the report on manufactures. In deta.ls, the investi-gation at the beginning of the past decade was also much morecircumscribed, viz., the aggregate capital and the average numberof hands employed during the census year not being subdividedaa under the current inquiry. The present tables show : 1st,capital, excluding the value of hired property, under the sub-heads ot land, buildings, machinery, tools, and implement*, nndlive assets; 2d, miscellaneous expenses; 3d, average number ofemployes and total wages, the employes being subdivided intoclasses ot officers, firm members and clerks; operatives, skilledaud unskilled, and pieceworkers, the males, females and childrenof each class being shown separately; 4th, cost ot materialsused; 5th, value of products.

No previous census inquiry has embraced the cost incurred inmanufacturing operations other than wages and materials used.With the exception ot a few special inquiries, the question usedat the census of 1880 concerning capital was as follows : " Cap-ital (real and personal) iuvested in the busim-HS." The inquiryat the eleventh census was more in detail and intended toinclude all the property or assets strictly pertaining to a manu-facturing business.

The question respecting employes and wages used at thetenth census generally called only for the "greatest number othands employed at any one time during the year," also " theaverage number of hands employed," without designating thedifferent classes; while the question used at the eleventh censuscalled for the average number of employes to bo reported byclasses of officers, firm members, clerks, operatives, skilled andunskilled, and pieceworkers.

The cost of materials used is the reported cost ut the place ofconsumption. The value of products ia the reported value at

UNITED STATES CENSUS, 1890.

the factory of the total product for the year, not including anyallowance for commissions or expenses of selling. The difler-cnce between the apparent coat and the value of manufacturedproduct aa presented cannot be taken as a correct indication ofmanufacturers' net profits, because many items of expense enterinto the mercantile portiou of the business, which branch is notwithin the scope of the census inquiry.

The products of one industry frequently become the materialsfor another, the repetition being continued through several pro-cesses of manufacture, thus constantly adding to the total valueof products by the duplication and inclusiou of the cost of theoriginal materials. This duplication is unavoidable, and isstatistically correct; but the reported aggregate value of productscannot be considered as a correct indication of the contributionto the wealth of the country by manufacturing processes. Thetotal value of products reported tor the United States in 1890was $9,370,107,624; but the contribution to the wealth of thecountry is more nearly shown by deducting from this amount$5,158,868,353, the cost of materials used, leaving $4,211,239,271as the increased value of the raw materials.*

The introduction to Extra Census Bulletin, No. 67, from whichthe foregoing remarks are largely taken, further observes that itwas found impracticable to make a complete canvass of the entireUnited States for the collection of statistics pertaining to thegeneration of electricity for lighting and power purposes; thedata concerning this industry were, therefore, confined to theState of New York, the city of St. Louie, Mo,, and the Districtof Columbia. A large number of reports was received fromdentists, which purported to represent only the mechanical work;but it was evident that in many cases operative dentistry hadbeen included. This fact, combined with the strenuous objectionon the part of the profession to give any information whatever ofthe character required by the census schedule, caused the furtherdiscontinuance of the effort to obtain reports for the mechanicalbranch of the profession.

The individual returns were classified by the Census office ac-cording to the product of chief value; but some differences, which

* From Extra Census Bulletin, No. 67.

STATISTICS OF LABOK AND [NDUSTIUES.

will appear upon comparison of thene dutn with correspondingclasses reported at the CCIISUH of 18S0, are duo to chanson in theclassification. Great care was exercised in UHfli^nin^ (he indi-vidual reports to the different CIUBHCB, and eopioufl cronn referencesare made in the cawo of those general claflnefl in which Home ol theproducts are common. When different hranchen ol the Hiime in-dustry follow immediately in alphabetical order, tlieno cross refer-ences have been omitted. When two or more plantH owned bythe same corporation, firm or individual are located in the samecounty or city, and isugugud in the aame industry, they are tabu-lated and counted a,H one establishment.

Owing to changes in the form of inquiry and the inclusion atthe eleventh census of certain industries omiltod at the census of1880, as stated above, the data reported at the two census periodscannot be considered as an exact indication of the growth ofmanufacturing and mechanical industries during the decade*Differences in classification may also account for the apparentincrease or decrease in specified industries, ua compared with1880. These qualifications should be taken into consideration inreading the following comparative suimnaricH for the wholecountry, as computed by the U. S. Census oilice, and for NewJersey. Without this caution some very erroneous conclusionewill be arrived at.

The following comparative nummary HIJOWH the totals lor theUnited States in all classes ot tuauiittivtnvm UH reported lor thetwo census periods:

ITKMN. 1WN). \HHiK

Number of es tabl i shments reporting :ifi.rvi<)| fJM,852Capital $<l.r»JM.'17r>..W> $'2Jtti)»72,(10(1Miscellaneous expenses .^lllo.u-H.o.1 H *Average number of employes (a^Kre«at*») -1,711 [K\*2 *2,l\\2fi%Total wages Jj/jKU.HL'ri/Jiiri $(M7,».ri:»,706

Officers, firm members and clerkn—Average number *U»l,04t> |Total wage? $:U)i,ui4!r»iK f

All other employee*—Average number,,., . . . , 4,Vf)O(78n )Total wages $ll8«o,?in,s|747 |

Cost of materials used $\158,8(18 :ir>:i #:i.:iiw,82.V>49Vahieof pro<Jnotfl $\lVi)W7M24 $h :t<W.f>70,191

•TJjis item was not reported at the census of r8&».t Not reported separately fit llu- census of- 1HH0

UNITED STATES CENSUS, 1890.

The true increase for the decade, however, in the opinion ofthe Census office, is more nearly shown by the following com-parative table, in which the statistics for 1890 do not include thedata for the omitted industries in 1880 referred to above, withthe exception of petroleum refining and the elimination of certaindata duplicated under the head of u mixed textiles" :

ITEMS—UNITED STATES.

Number of establishments reporting....CapitalMiscellaneous expensesAverage number of employes (aggre

)rte)wages ......*..

Officers, firm members and clerks—Average number...Total wages

All other employes—Average number... ..................Total wages

Cost of materials usedValue of products.

1890.

322,624$6,138,716,604

$015,056,643

4,476,094$2,171,356,919

426,139$372,005,001

4,049,955$1,799,351,918$5,018,277,603$9,0.54,435,337

1880.*

253,502$2,780,766,895

t2,700,732

$939,462,252

ttit

$3,395,925,123$5,349,191,458

P27.27120.76

65.74131.13

47.7769.27

thta

lion

v a i u e o i p r o d u c t s . $*#,uos,<idfv>3/ jpij,oiv,iwi/tuo u».*i• The difference between the totals stated in the table and those published in the reports of the tent]

census is caused by the elimination of data duplicated under the head of "mixed textiles," such datihaving been included in the totals for the different branches of the textile industry, also by the inclusioiof petroleum refining.

f This item was not reported at the census of 1880.I Not reported separately at the census of x88o.

The comparative summary of the absolute totals for NewJersey, as given in the census reports for 1890 (preliminary) and1880, which, for the reasons already stated, do not accuratelyindicate our industrial progress, makes the following showing:

STATISTICS OF LABOR AND INDUSTRIES.

ITKMS—NEW ,!KR8KY. 1800. 1880,

Number of establishments reportingCapitalAverage number of employes (aggregate)...

Males above 16Females above 15Children....

Total wagesOfficers, firm members and c l erks -

Average numberMales above 10Females above 15Total wages

All other employee—Average number •Total wages *...Males above 16—average number

Total wages .„..,•,»,.,Females above 15—average number,,

Total wagesChildren—average number

Total wagesCost of material usedValue of products

$240,81)0,078\HtltMV2*

7,128

H(i,78727,09912,152

l3/>77

081

1 HI ,007$72,187,108

:w,mr>

$705,585

$35:1.1807171105,285,779$2fi4:W3

*AH these data are exclusive of « large foluicco factory, which employed un Hvcrragr number ofupwards of a,ooo, including 1,474 femalca, and oruittect from ihr 1 en»us rotum*, iBy.»,

f Omitted items not reported separately at the census of 1H80,

So far as can be judged from the data available', there werenot lees than ten classified industries reported in 1890, whichwere not included in the 1880 returns for New Jomoy, aggregat-ing 631 establishments, with a capital of #25,^54,000; employee,10,625; wages paid, $5,673,400, and a product of $:U,508,000.Making allowance, as far as practicable, for this onuHnion in the1880 census, it would appear that the per cent, incrouflo duringthe decade was as follows: In number of OBtahliBhniontB, 21 percent.; capital, 113 per cent.; product, 80 per cent. ; employes,40 percent; wages paid, 95 per cent. TheHo niton of increasefall short of those estimated by the Census oflice lor the UnitedStates, as above. Under the circumstances, however, suchcalculations are very liable to erroneoun results.

Below will be found, under Summary of Statistic of Manu-factures, a list of the 26 leading classified imluBtrioa of NewJersey, based on the total output of products, exceeding $4,000,000per industry during the census year 1890, and showing the num-

UNITED STATES CENSUS, 1890. 9

ber of establishments, value of products, aggregate capital, num-ber of employes and wages paid. Side by side, the aggregatesfor these industries for the whole country are reproduced fromExtra Census Bulletin 07. These industries in rank, accordingto value of products, for this State, are:

1. Silk and silk goods.2. Foundry and machine shop products.3. Petroleum refining.4. Carpentry.5. Slaughtering, wholesale, exclusive of meat packing.*6. Liquors, malt.7. Hats and caps.8. Iron and steel.9. Chemicals.!

10. Masonry, brick and stone.11. Boots and shoes, factory products.j:12. Dyeing and finishing textiles.13. Cars, general shop construction and repairs by steam railroad companies.14. Flouring and grist mill products.15. Cotton goods. ||16. Woolen goods.\17. Bread and other bakery products.18. Leather, patent and enameled.19. Slaughtering and meat packing, wholesale.20. Tobacco, chewing, smoking and snuff.21. Glass.22. Clay and pottery products.if23. Lumber, planing-mill products.24. Jewelry.25. Fertilizers.26. Sewing machines and attachments.27. Plumbing and gas fitting.

Bearing in mind the caution already given, that too much re-liance cannot be placed on the comparative totals of any industry,as returned at the 1880 and 1890 censuses, owing to change inclassification and form of inquiry, the following comparativesummary of data for these two periods for the industries, 16,which, as reported in 1890, severally turned out products valuedat $5,000,000, or over, is given for New Jersey :

* H meat packing were included, HR in 1880, the rank would be fourth.t If the kindred branches of fertilizers, paints, &c, were included, the rank would be fifth.I Inclusive of custom work, &c, ranks tenth.j| Inclusive of hosiery and knit goods, ranks twelfth.ft Inclusive of worsted goods, ranks tenth,fl Inclusive of brick and tile, ranks tenth.

NO. OF ESTABL1SBMEXTS.

VALUE OFPRODUCT

(000 omitted)

AGGREGATECAPITAL

(000 omitted).

AVERAGE NUMBER;OF EMPL/-YE& j(aggregate). I

TOTAL WAtrES(00 omitted).

ISDCSTBY.

Silk and silk goods 132 106 $30,760 $17,122 $16,810Foundry and macbine shop product 249 188 21M7 11.283 19,0S5Carpentry „ 598 319 14,752 3.99b 4,454Slaughtering and meat packicg, wholesale * 50 31 17,814 20,720 1,826Ltquora, malt- 34 49 10,108 4 553 10,185Ha t s and csps- S7 79 8,534 6.15*2 2.65«Iron and steel 22 40 8,13v* 10,342 9.025Maaoarr , brick acd stone.-. 235 69 7.402 S54 2.046Boots a i d shoee ^.- . . . . . . . . . . . . ->S3 39s S.05- 5.263 3.281Dre i sg and finis&ing texti les 41 1* 6.183 3 3#> 5,197Fioaring and grist-mill products. 228 481 5.92S 8,460 2S1*>Cotton g o o d s - .... H 24 5903 o,040 13520Woolen good* 21 27. 5,652 4,984 3.SUB d and bakery products 453 3V 5,546 2.7$> 2 (&)

, ".. 34 2 ' 5.2!^ 2,^10 3.745and ponerj pFodoete: *V» 4 ^ 5.16*5 2 . 5 ^ 5.47S

16 95i7.431

75)•1.7753.2*511.3449.099

225l,15o1,4733 8793 9612 52u

73S2.7282.057

35

i7 .9 i ;1 o,4327.045

7461.3956,6884.0-V33 8986.2513,864

7075,6834.22S2,1355>4!>4f>2s

""*

12,5498,2052,656

5S21.12i.5,5674,792

7163,7572.19%

*9364.83*;

3.57^

^"$71,761

79,57753,17*3

6.25814,08935,68221,62331.04028.74220 576

336120 54314.81312.6472S tf2725,^7

oc !

i!lJ77* 34 325

12 °773 7434,937

21.13618 084

2,82114 2279.25*32*S56

13.1009.9'U3S4S

13.00011.015

o*/i

o

^ la' return* are


It is a question, however, what constitutes a leading industry—whether its rank, as such, should be gauged by the value of goodsturned out, the capital invested, the amount of wages paid or thenumber of wage-earners engaged therein. Much less can it bedecided, oft-hand, by means of such census data, which is themost beneficial industry to the community. How differently anindustry may rank when measured by any one of the three itemsmentioned, is apparent from the following summary, based onthe total amount ot wages paid in 26 New Jersey industries,where such amount exceeded one million dollars in any one iu-dustry during the 1890 census year:

RANK A8 TO

NPKCIFIKI) INDl'STKISS.

Foundry and machine shop productsSilk and silk goods jCarpentry .,,..* iHats and caps •Masonry, brick and stone .,, ICars, general shop, construction and re-

pairs by steam railroad companiesGlassClay and pottery productsBoots and shoes, factory productsIron and steel ,Sewing machines and attachmentsDyeing and finishing textilesCotton goods..., ,Clothing, men's*Petroleum refiningBrick and tilePlumbing and gas fittingPainting and paper hangingWoolen goodsJewelryLiquors, maltPrinting and publishing, newspaper, book,

job ,Bread and other bakery productsChemicals 'Lumber, planing-mill products 'Leather, patent and enameled

2147

10

132122n«

26

II

1 ! 22 13 34 45 15

r> 87 5K 109|

10 13

1215!

26 11 14l 12 16

1 3 (>•14....! 14 Hi

3 15| 2029 16 927! 17, 2130| 18| 2316! 191 1204! 201 2416

281792318

21

2223242526

32

1822252627

"5

$7,957,700.7,170,1005 317,6003,568,2003,104,900

2,877,5Oo!2,862,7002,590,700:2,488,900]2,162,300"2,124,4002,057,6002,054,3001,970,700'1,618,5001,529 5001,507,6001,483,8001,481,3001,417,4001,408,900

1,408,4001,264,7001,184,8001,180,3001*166,200

13,43217,9177,0456,6883,898

5,2335,8404,6285,4554,0563.9473,8645,6834.3702,7034,7982,2422,0314,2282,0061,395

2.9722,1351,8841,8271,789

* This includes both custom work ami factory product, separated in census returns$919,693 nnd $»»05i,QX4, respectively ; employes, 1,714 and 3/164, respectively.

Wages paid,

12 STATISTICS OF LABOR AND INDUSTRIES.

In only 23 of the 197* enumerated industries in the detailedtables of manufactures below was the average number of om-ployes during the census year 2,000 or over. Of these fruitand vegetable canning and tobacco, chewing, smoking and snuti,have no place in the preceding summary, although their mnk,respectively, in number of employes, was 17 and 11); probablythis is due to the large proportion of female employ OH, a likocause apparently having similar eflbcts in other industries.

Inclusive of the data from a large tobacco establishment,omitted from the census tabulations below, the average numberof female employes over 15 yearn of agti in the Now Jerseymanufacturing industries aggregated, during the 181)0 censusyear, 39,370, with an aggregate of $10,01)9,000 paid in wages.This means 20.7 per cent, of the total employee, mon women andchildren, and 10.5 per cent, oi the wages paid to the name,$96,510,000. Only a small proportion of the female employesbelongs to the class designated "officers, firm members andclerks" in the census schedules, less than 1,000, the balancebeing operatives, time and piece workers, in the ratio of 02 to38 per cent By far the largest absolute number of females isemployed in the silk and silk goods establishments, 8,834, orabout 23 per cent, of this whole class. This industry, however,does not have the largest relative proportion of adult female tomale employes. In this respect it ranks only 14th in the list of18 industries summarized below. This list embraces all thoenumerated industries in which an average number of 400 ormore females was engaged during the census year. It does notinclude the rubber boot and shoe and the linen thread industries,which have been classed under " all other industries** in thedetailed cerieun table, owing to the limited number of cmtiihltHh-menta comprising them. In 1880 these two industries employedan average number of 438 and 730 females respectively.

• T h e r e w a s n l s o a n u m b e r of i n d u s t r i e s , c o m p r i s i n g iO<i e n t n t i l k h m c h t i , K"uu|>r<| u n d c i " all o t h e r

i n d u s t r i e s , " t o a v o i d d i sc lo ing i n d i v i d u a l o p e r a t i o n s , an e a c h of t h e s e i n d t i » u i c » Itn tmlc i l t l w r r <>i \e%%

e s t a b l i s h m e n t s .


Sl'RCU'lKU INOUaTRlKS.

Total, ail industries8ilk and Bilk goodnCotton goods , ,Canning and preserving, fruita and

vegetable* «. „,,»...,Woolen goodsBoots and shoes, factoryHats and capsClothing, men's, factoryTobacco, smoking, chewing and unuflShirt*CorsetsClay and pottery productsHoniery and knit goodsClothing, dreHHmakingClothing, woman's, factory

N * a

s * s •a « at I- ^

AVKHAUK N U U l l K t OF VKMALK KM1M.O Y K8

OVER 1 5 YEARS

11MK O I ' K R A T I V K . H ) AND I'IKCK W O B K K U 8

, £ ^ Total

189,547*17,9175,683

3,6654,2286,4550,0882,(1042,045I /»24

081 88,389*01, 8,77371 8,391

2,1892,0501,7201,0 71,0191,474

Boxes, fancy and paper..Juto and jute voodsMillinery, ountom

4,0281,2771,127

0089ft41)04836554

if4• Ili

312.i

1,1411,090

70U7 0()725574531601472429

Time.

23,0225,9012,954

66*1,963

740267925

878117579249717mi50313f>417427

Pieco.

13,8932,812

•137

1,62787

9801,360

694

763979220511

]!><)28

3(5255

S i o .

$l),700,598t2,603,0051,009,733

103,223627,654566,928631,180462,803

30 f, 984281,764198,690164,487189,480143,534110,791118,918122,07611(),651

120.746.659.a

59.748.531.524.360.744,414 864.717.659.69^8fi.565.666.766.494.2

* Int'hiding a tobacco establishment omitted front census returns.| Vox 36,915 employes.

This ouly refers to females above 15 years of age. The censustables give an aggregate of 5,313 children employed in our manu-facturing industries—that is, boys under 16 and girls under 15years of age. Of these, 4,771 were reported as time and 542 aspiece workers, aud paid au aggregate of $795,585 in wages. Nearlyone-half were employed in the glass, silk and cotton goods in-dustries; less than 400 were engaged in any other one industry.The number employed and wages paid in theae three industrieswere:

INDUSTRY.

GlassSilk and silk goods.Cotton goodsTotal all industries-

KMl'LOYKI).

OH

1,045

4135,313

1,020863401

4,771

Pie

ce.

|

193612542

'I

$115,897141,52255,916795,585

14 STATISTICS OF LABOR AND INDUSTIUKS.

Compared with the data returned for 18H0, the number ofemployes, men, women and children, makes the followingshowing :

1880..1890..

Total increase or decrease.Per cent ,

oOS

00

av

"e5?!

H(\,7H7144,H«4

| 58,057j (17

15

.

>

£CD

a

27,099

:wf:i7o

po>

lild

i

D12,1525,313

i 12,271i 4(1

-(5 ,839—57

This relative decrease in the number of female workers andgratifiying absolute decrease in child labor are Htron^ evidence ofthe efficiency of our later factory legislation—that, in, tho enact-ment of 1888 And subsequent supplements, which restricted theemployment of children in this State.

Of this number of children, 5,818, but little more than one-half,or 2,678, were employed in the industrial entablinhmontH of theseven leading cities, which contained 20,000 and over o! popula-tion, namely, Newark, Jersey City, Paterson, Camden, Trenton,Hoboken and Elizabeth. These cities took in, however, two-thirds of the establishments reported for the State, an wull as ofthe total output and of employes, male and female :

CITIES.

Newark

Jersey City ,„

Elisabeth ...,Hoboken,

i0

a

!

Nu

mb

er o

f e*

2,400600720885fl&8is

(dir

ect

1ita!l

|A2,AA2,7A227 003 MO18,106.00419,278,04115 244,6007.78A.5633,948,782

aa

9

t<48 H48

24 ''ft'212,8«014,08410IM120,A613,847

TOTAI,

(KdATKN.

k"3

f2('i 857 170ll.A78.0H27,808,2707,UrtM1H

<.MK ftf,7 f,u|)

'1,727,U722,204,2301

WADKH.

s |

1 *<|(i a l l t) \iu\

IA,47(» 7.8I>410,8,12 1,718ll.HIO 2,8218,042 2 107fi,848 !\M'J.HlN 4A1

d4.'

1

nV

iX

©V

a

>741 |H: I ,47O,«A2

an* ;»7,in on«2l\m SA.02H.223

17746

lo,48l> ;\M7.iM,aoi


The statistics of New Jersey agriculture as returned at theeleventh IT. S. census, so far as available, are also given below indetail. These are the usual data of farm acreage and farmvalues in 1890, as well as of farm products in 1889. The tableof " miscellaneous crops for 1889 " is particularly of interest, notfor results shown, but the contrary, apparently indicating thefailure of the State bounty legislation of 1880 so far as itspresent fruits are concerned. In that year the Legislature ofNew Jersey authorized the payment of bounties for flax strawgrown in this State and for flax fibre produced therefrom; alsofor sugar sorghum-cane raised here and for sugar manufacturedtherefrom. Under this legislation there were paid from theState Treasury $5,000 for 1,445,250 pounds of flax straw, grownmostly in Hunterdon county, and the same amount for 142,858pounds of cleaned fibre, up to the end of the year 1882; and tothe end of 1885, for 31,128.97 tons of sorghum cane, raisedmostly in Cape May county, $31,128.97, and for 1,259,535 poundsof sugar manufactured at the then existing Rio Grande SugarWorks, $12,594.85; that is, the total expended in behalf of pro-moting the cultivation of fibrous plants was $10,000, and toencourage the production of sugar, $43,723.82.

The 1890 census returns, as per tables of miscellaneous crops,show only 2 acres of flax planted, producing 8 bushels of Reed,of 6 acres devoted to sorghum, producing 281 gallons of molasses,and the production of 210 pounds of maple sugar and 134gallonH of maple molasses. In 1879 there were reported to the1880 census: flax seed, 5,283 bushels; straw, 6,108 tons, andfibre, 40,710 pounds. In that year there were also produced1,261 gallons of sorghum molasses, and 2,496 pounds of maplesugar and 334 gallons of maple molasses. ft

The total estimated value of farm productions decreased dur-ing the decade from .$29,650,756 to. $28,997,349, or $653,407—less than 3 per cent. The fall in these values was more notice-able in some counties than in others, while in a few there wasactually an increase, to a greater or less extent, notably in Glou-cester, Burlington, Sussex and Mercer, which are largely agri-cultural. Apparently this increase, as well as the prevention ofa more marked decrease elsewhere, was due to the gain in livestock and its productions, especially of milch cows and milk.


As will be seen from the summaries below, giving the totals iorthe State as well as for the twelve counties which are largelyagricultural, the acreage of the principal cereal productionsdecreased from 773,375 to 601,357 :

1879 \HH\).

Barley ... I 240 47BuckwLeat 35,373 13.520Indian corn 344 55fi 207,048Oats 137,422 121,327Rye 100 025 77,245Wheat 149,760 121.570

Totals for the State.., 773 375' 001.357

The comparative totals, for the 1890 and 1880 censuses, ofvalues of farm productions and live stock, as well as of thecereal acreage referred to, make the following showing for theState at large and the twelve most important agriculturalcounties:

VAI.IIK OF F A R M IMtOIHJ(TI<>N.H.

T O T A L VALUIC. IA\'K HTOCK .

1890.

The StateBurlingtonGloucesterHunterdonSftlemSomersetSussexWarrenCumberlandMercerMiddlesexMonmouthMorris

#28,997,34*;3,618,380237,550231,574,8401,577,7501,745,8301,300,9201,120,1701,718,1101,414,6402,792,5001,454,840

1880. 1890. 1880,

$29,050,750 $15,811,430 $13,593,297 1,831,200

850,8901,595,5101,042,500,1,050,2401,171,300

997,940024,830935,030723,590

1,955,1592,048,5581,802,8141,070,8711,674,2391,563,1201,188,4011,023,0811,480,1472,814,1981,859,403

1,421,7801,009,090

4,801,4121,592,913

727,7801,571,203

892,819;945,442|

1,052,293907,000497,097873,275791.355

1,421,4341)89.002

•Barley, buckwheat, Indian corn, outs, rye and wh«K»t.

1889, 1879.

001,357! 773,375f>9,481 07,508

45.570J50,155!34, KMrwt,2(>2(24,794j45,0f>i;32,5 4«|49,480;34.180'

,50,95308,00452,05570,32332,44752,57743,39301,08247/JO1

AB will be noticed, there was a general decrease in coroal iwro-age, and, with the exception of Middlesex, an incrcano in the


value of live stock in the enumerated counties. In all but twoof these counties, the number ot milch cows was augmented, theincrease for the State reaching 9,498. The amount of milk pro-duced, apparently, more than quadrupled during the decade, theincrease being 48,631,170 gallons, and was general; but this tosome extent is due to difference in forms of inquiry for the twocensus periods: in 1880 the returns gave the quantity of railksold off the farms; in 1890 the entire quantity of milk: pro-duced on the farma was stated. On the other hand,the product of the pounds of butter and cheese made onthe farms fell oft considerably. All this points to the conclusionthat our farmers arc becoming more largely interested in theproduction of milk for public consumption, either directly in theurban localities, or as raw material in the butter, cheese and con-densed milk factories. The number of these factories in NewJersey increased from 8 in 1880 to 16 in 1890; the value of theraw material used, from $78,705 to $120,223, and of product,from $108,243 to $146,394, respectively.* Of course, the con-sumption of milk produced in New Jersey waa not confined tothis State. The following comparative data for 1890 and 1880will show for the enumerated couuties, and for Essex, which is thesecond urbau county in the State, the number of milch cows, thepounds of butter and cheeae produced on the farms, and the gal-IOUB of milk produced or sold during the respective periods:

N U Mil Kit OK M l l . r i l < ; A U , o N 8 0 1 ' M t l K . I'<>l)NH8 O r H f T T K I l . P i ' U N D B OF C H E E 8 BCOWS

l8!»O 18K0 18!)O ! 1880.

Wttrr

' 20 ,U8

'.'.'.'.'. lft',7'2'2lo,f)47

U,o.')7

\ 152.07H 04,OO<,05;i' 15,472,783 8,307,218 D,J>l3,l

4.^6,475l55

51,220 3,.'-rw<>l.X '.11,204 IK.1MKI 1O.7U7.4H.JI) 10,1 I2i !l,f»H8 1,002,2:55hi- iAnd r»,ww); r>,i:$!) i,H'.)n,oo7r \),N&[ 1,\\MS :\w*,m\\

Moumouth .MorrlH ,,^...tfnnox

1/2111 iii'.iijo .|':wm!ir,n•l,o:M' 4.28H 2,ol4,'M7

l,;nM,42!l 1.171,181. l,05H;'120,90-J 2U7,9H5, 404,0ft!)110,050 0);i,'l23' r>i)0,K>8

l.lHM.Nft 0(»7,.'ili2 1,11)0,571

1.1HJ.WJ

1,131,1! (ftl 7

1890.

23,013' 4 4

808

1,2002S2,040

1880.

60,61821,nn4

4,982

1T..H75600880

1,274

*Scc tnblc ol " Slatistics of ManulucliiiTS,** below.

18 SlATISTfCS OF IJAHOK AND

These data hardly would bo indicative of the depn'ttnion inagriculture, of which so much haa been heard during (he pantfew years, if it were not for the additional statistic* tabulatedbelow, a summary of which is here appended, showing the re-markable fall of $31,632,993 in the value of farm landu and im-provements (fences and building) Binue 1880; of a. di'ereane of97,180 acres in improved land, and of 3,479 in the number offarms. Iii 1890 there were also 3,427 IOHH farms cultivated byowners than ten years before. The average size of the farm hasincreased from 85 to 86 acres, although that apparently 1H of nomoment, as the number of farms of 500 acres and over decreased

"from 207 in 1880 to 127 in 1890. The decrease in the numberof farms and in the contained acreage oi improved land is ofconsiderable significance, however, and indicates the disputedcorrectness of the conclusions of the Bureau investigation in 1H90of the abandoned farm movement in this State—that, in, abandon-ment for cultivation, the estimated acreage at that date thusabandoned being between 19,000 and 20,000.

The comparative summarized data above returned to am hereadded for the whole State and the twelve principal agriculturalcounties. See page 19. These are followed by the followingtables of U. 8, Census statistics, 1890, in the order named ;

TABLE 1.—Statistics of manufactures, totals fur the United KtntuM, by Slatesand Territories.

TAHLK 2.—Statistics of the loading New Jerney mtiitiifiidtiriiiK industries,aggregates for the State and United States.

TAHLIE 3.—Statistics of New Jersey inanufactureH, detailH, by Hproifiwd indiiH-tries.

TAHLK 4.—Statistics of a^ricuittirw: Number of farmti, farm ucnuiw«\values and tofcal value of farm pr

K b.—Oamihwiion of (aims hy HC'«HK« and Uuiure,

TABMC 6.™Livestock and livestock produdu on UirwH.

7.—Miflrellftiieouscropsof farmn in \HH\K

8.—Cereal production in I8M; Harley, buckwheat, Indiitrt corn, cmtii,rye and wheat.

SUMMARY OF FARM OWNERSHIP, ACREAGE AND VALUE.

I iSUMBEE OF

FARUB

The StateBurlingtonGloucesterHaoterd mSalem-Somerset

WarrenCumberlandMercerMiddlesexMOD mouth „Morris

w

EC

o1 <

• -

0,828) 34,307 — 3,479 i 85:

2,3l4i 2.512 — 19S! 13fi

3,109l,82o:2,02?1,774\ ,«»o\ *

2,fi3Oi2.410!

3,1531,82-52,016

1*

2,2301/42

- 4 4 ! &1—5' 87:

- 1 7 ! 86—218 140

—90 111—848 78

—7r 83"—436 76

2,554< — 1 '

irMBKB OF FARMSCULTIVATED b

CWS5EBS-

- I ;f29

2

^*9—1

- 1 3

22,4421,5421,2212/2421,0551,5211,234

967952

1,1221,3012,064

25,8691,7101,4132,27--.l,10fl1,517

lJ,O671.68S1,195

2/J492,099

—3,427 j—168!— 192!- 3 3- 5 4 ?

—177!—100;

—73— 38S

- 1 5—143

1,999,117

112,2S1218/«O1

191,743154.5V-9

37,010161,519133,699 i

2,096,297195,744'119,107210,851136,9171155,629180,846:146,531104,246,105,851'116,325!160,56 ll143,594!

—97,lR0—4,890—0,820-f7,150

7S44

YAtUE OF FA EMS,INOLirDlXG LAND,

FEKCtS, BTHLDIKGS.

$ 159,262,840.14,819,9008,278/>'«i

12,(533 :m9 2 1 0

§190,895,18,33J,72O9 1 7 2

,—4,837

+10,8971f8,458!2R95 1

—18,415'- 958'

—9,895

1,748,32u8,105,5905,095,7708,291,9708,-38,610

9,801,52411,239,5917,052,453

10,830,60711,931,84**.18.185,34214,419,617!

20 STATISTICS OF L.MJOK AND INIM:STKIKS,

TABLE 1.—STATISTICS OF MANUPAOTURES.-THE UNITEDSTATES, BY STATES AND TERRITORIES—

U- S CENSUS, 1890.

STATICS A N D

T E R R I T O R I E S

Tmul. htnul

I United St " 856101 I6.524,47&,SO5 18,2:8,701,496

2 A labama 2H7718 Alask* Mi4 j Arizona 7616 'Arkansas 530786 California 79:18

46,192,671 !106,7271:616,629,1

14,971,614,146,797,102 |

7 Colorado 1518 U6.66l.840 'CnnnAQtlout H832' 247,OU4,4H0 :Delaware 1o«8| aii.H96.400

11Dlst. ot ColumbiaFlorida

2296806

] j Georgia 428ft,18 Idaho )4"!

H I l l i n o i s , , , . . . . . . . . 2048215 Indiana , . . 1336418 'Indl&u Terr i tory , , . , . . 201

17 ! l o w * • 744018 Kansas 447119 Kentucky 774620 i Louisiana 261821 jMalne ADIl)

«l

4 » , ,U , 110,804 !

66,931,6801,048,916

501.004,f.12182,406,388

2(11.899

77.613,097 'i l » a « O 3

H4,764,I91HJ),4l!>.H!)J«

22 M«ryl»n«l23 ; M usrfach U B . H U UH92824 Michigan 1312726 M u m « 8 o t u 76062$ JMinsffslppi J.H1H

27 Missouri. W4f>3H M o n t a n a 28W2<J N*hra«lca H0H80 Navada 95lit Now Hampshire 8229

8 , 6 ( 1 1 , 81,311,960'

B4

y 9243 3 4 , , H ,N P W MOKIOV 137 9i».9:J8 i

JIV«vvVork 66840 1,(80.161,196''North Carol ina 8667 83,74&.9U6

3 M6686 (Nortli Dakota 883 2,W,66K

37 lohlo 88678 402,703,010''88'OUahoma 1% 95.61089 Oregon 16921 R3,12'i,05l40 Pennsylvania WAM 990,099,37641 Khod« Island 8377 126,488,401

4'2 South Carol ina 2H83 30,376,86148 (South Dakota 490 8.907,79644 iTennosstw 4559 6I.476,4>0346 T e x a s , 5268 4H.816.18146 Utah 5HI 6.668.022 "

47 . Vermont JUIIII 89,768.201:14 8 , V i r g i n i a . . . , JHU6 68,466.790 149 IWashlngtou 1548 84,369,786.60 Went Virginia HMft 28,llH03()i61 Wisconsin 104171 24H.6lf),40462 Wyoming « . . . ) im\ 1.411,1M«

83,887,984W7<l8

80,004,6041.

14.911.757

16]7»7in(»H

7,377]l90'

B6.187.1NJ6616,560

286,836.020Ha.428.2Ot

147,749

119 001,h6H28i018.O0O.•J6,7I2.13I

4j!lH;U78

» . a ,374.7Mi.H46IJW.lW7.ft6JrtA!1774?a

717,760titt,16U,im

90,989,773tfi4SI8<f

I.I89.H3S.997

72.WW19.866,5397

606,400,18(168.Olli.492

18,317,7843,161,090

a»tt66

8,608,046

I6.fl26.a3a1

5MM3BttaM t M 3 , a3I1.548.S041H.46 4,690

136.466,6188H.8.HH

S776.71H.O49

~~6.323.482

ai'.lio

3),'852',25H

tt.688.70814.7K1.004

8,084,607H0.660

tfiwwawtfi.11,477.1119

4,7l6.Hi!O7,46H.6H»4.8HJ.IU67 h r i H

J8,6iJf».l47i 8 4

6 ,4 <U\H,H\O

308.41(1

Qtl <tfl»i.7J460,607

t 3 « i f 68,780,408 4.9JI2.N6I

•H78H89,ia7

6 487,080Slrf.KfiO

^70.240

I A ' . M W ' ^

8.065,408»4.496,194

6.H04.6176.JJ96.27H1,O7S>.612

, .Hti I OH

68,744,21430.653.^07

97.4U0

11.876,7116M , 7 8 4 , 5 6 I

13.127,7644.764, IHH

l J H t > 4

l3.fiU7.HOf)3.447.IHW

6HU.I667.46A.JWW

IM.I28

4O.77O.77WIH6.406

1 m

RH.126.f49UUI'J

H.147.76H111,869.797

H.VHO.tWH

6,44t.r)6H

7 f 04L68l

8.616.60767,766,2H|

140.869

68 'JOrt,72HH.410

4.H80.46IIU6.U8.77O

19.204.199

6,691,070fti3,143

7.268.HH00,000,177

4. )»«,7S494,401,110

-y JJIW 7a I

1.(84,166.710

21 1SH.468

2^2*. 0HO

49>.758I,1HM

H,2l7,65t)

'A. 70*2.412

10i<,liH4,iy!i

' lM.Hl*

17.HOH.464

17',llfi'.7il4H.H2 •;.>«2l,i»4ft,40»'

96,4:it.ti'.Hfr.6il6.WJ4

I.IU7.MH11H,2NI.7M»

2i»»\ 077

Hri.^l'U 12061,114

7,HHV.OH)|2J8.4J7.nl !l

H.H44.&7Nl.SW0,(t2n

16.UMi.44Hl.i,7Hft,t<H4

I.4HJI.O60

WUI.8W4,6*3 H7H

66.192.4tW

lt.74ti.OHS126.546 407

H1.0H7.-.020 »k»l.l6HU.H5W.1H4

ao.7HH.lU6

. l . a1»HU 16560,680

1^,511,744"Jt1.orj.0r4

1.H45 4H|l7.JP«.«'lfl(i

Mil 769tWM4>tf

D07.4O7.22VIU.6Ml.22B

1.V6I 4'iH

1y.2r.rt.7M4 6 M l

UI.ftV9.4Oa!i'.,4li:t 6749.W7W.U77

16 0H7/Hiy1!H. •!*«, 40«1 'J.Hj«i,» 41J J r i M A

N o r m — L i v e a s s e t s l n o l u d t s raw tnatnrtals ; s tock In jiroonsii a m ! (hi lnl .ni , . io,h.ir |» ,,)» h«bills , ami ac(5ountsreco lrabl« . Mts««l laneous <^xp«ns^s in t lndns runt for t n o n u ' t , i » u * s i innal r e v n n n e ) ; i n i u r a n o e ; repairs , ord inary , of bui ld ings iind m»chlu»tf ; a m o y n t j?n>i}riu»i/««

UNITED STATES CENSUS, 18IK). 21

TABLE 1 —STATISTICS OP MANUFACTURES.-THE UNITEDSTATES, BY STATES AND TERRITORIES—

U. S. CENSUS, 1890—Continued.

STATES AND

TERRITORIES.

AVERAGE NUMBER OF EMPLOYES ANDTOTAL VPAUES.

Averagenumber.

Totalwaged.

1 United State* i $630,944.068 • 4,711,812 2.282,823,266

12 ' Uflorgia1H Idaho14 Illinois..,16 Indiana16 | Indian Territory..

AlabauiHAlaakuArizonaArkutiHUHCalifornia "

Colorado(lonnootloutI)nltiwar»nut . «>r ColumbiaFlorida

,797,fc5,252

1,08ft. H>712,984,191

l,i»4R,t'26 i1

15H99.KH I1,851.676 Il,681U»«9i1,181,067 i

4.019.6H96i\5H6

79.6lfi.liHIB,61M».JM.8

11,690

Iowa ! 6,782.206 IKannau, i 5,868.466 {Kentucky I 16.879,728Louisiana ' 8,760,768Maine 5,894,694 •

MarylandMaMacl

l h

U).6l«.R47;niansaeuiiBiHiH i 6.*,()8H,782 IMich igan I 18.848.H8l H

12,186.612 .847,647 ! |

22,86(1,488-I296.684 I

NwvadaN«w Hampshire

NHW MnxicnNMW YorkNorth Carolina..North NaioVa....

OhioOklahoma

I'onutiylviinta..Kliodr Inland..

South OarnUnartoiith Dakota .T < M «TttXAH

Utah

VermontVirginiaWashingtonW H I I Virginia...WliooimlnWyoming

*12,fi7H.i2922.178

a 6 l 2 7fi.74H.H88

51.63H.78ll

9,"913*714,622.264 i

H65-38'

15.972!8.J.642)

17,067149,989,

2Y.4O418,927

66.8«8. 17,8I2.1»6774 :«4.2na

.'U3.im 17l,b2<,67J»:124,84}', 61,74f».S»7«

176 79.8»('

69,174 25.878.JI97B2.K48 16.828.48666,679 27,761,746!81.901 " V ; . . " . "76,780 26,626,21'

107.064485,182168.94179,62916,817.

142.9242.696

23.8761

620

ti6.H47.7fJH8 1 8 9 2 : 9.1894,918,868

7fl.S27.yc1

1.948.8113 984,Ml

445.61*824,248,061

76.6H8122.0413.219

8.82W.101

' 2lii»7O

74!85J8]8«ia

4,1S6',271 '

2.188.826 '7.4JI.0872,180,657

lH|«na*76494.078

944850,084

art.2141,847

' 196

62IK48486,976

*2,'4-2a4i .76989,475

4.98U

24,89469,b91

5l|9tfH18J.081

1,144

16R,768,H88;71,9181

sab $w\\, ab $w806.ft66.Vi937.9J7.M1

1.CH8.41H16 899 851!18.ft86.88R2,716,806

10.196.649I9.H44.86O12.6-18,61418.83O.W71

6l.H4K.7O8878.646

H, firm mem hers and clerk*.

Males above16 year*. 16 years.

Wages. | ™™m Wage*.

418,014 ^372,062,439 48,035. (10,852,079

2,668

74I|

8.790'106

28.87812,731

8

4.H11I8.074!:U'67|4.85a

8 695':12,47ft1

14.174'8 6 1 7 ,1,824

2,798

9187.9362.612

SV29

1,821,2113,648

55.JM1I1.073,:ni39,774,960

9.167,4901,204,9382,*2(Hl,H»4

664,799

2,669,1666?.'J66

27,086,4008,742,623

6.608

6,288 8832.915,6866,988,985

8 1 , 3 8 . 4 210.920.1H97.268.M80

710,818

16,027,711281,702

2,596,19664.7*1

2,127,664

,34&..J6ti61.426 1

91,843,801 j 1

l,-2ftO,iO&.381. \hlj

83,862 98,311,667!;48, 19,692

46,7164(9K

2,6296,6«41.B422,476

10,949104

181'

46974

12H793122809

l295

8,1021,028

J295'

1,066267653

5M6,4871,(1981,222

28

1,66319

2428

462

9814

io,o»a77

4,714

40.788,793 8,4454,361.888! 766

1,781 i,065,202 ' 188401' 262,IH'» 101

5.026 3.240,864 246.4,418 8,285.112 . 2AH

676, bVA.mb 6b

1,6(6,436 :8.711.HKI1,619.6841,857.6(148,448,995 ,

80.489

146841

47164

1,07618

27,399590,912

89,403867,7519

66,974167,28829,656

119,0841,040

1.663,914480,195

216,994124 624479.564124,292192,719

2«9,6863,489.743

444,7d3664,436

U.7V6

721.51114,098

117,8974.247

198,110

416,26ft941

6,122/28227.710

8&H8

2,009.627

1,418.689H37.SS7O

61,043H,666

101,817I6-2.78119906

68.561im,H2027.13661.614

486.446

!>aid o n c a i l i u««d in t h e htittnemi, and al l mindrleci notUHI ; rcmt of povvor and hea t , a n d mill •npplleH.

whern reported, ('oitol mat«rlala uand

22 STATISTICS OF LABOK AND INDUSTRIES.

TABLE 1.—STATISTICS OP MAM UP AOTURBS.—THE UNITEDSTATES, BY STATES AND TERRITORIES—

U. S. CENSUS, 1890—Continued.

AVERAGE NUMBER OF EMPLOYES AND TOTAL WAGI'S-Oontlnutd.

STATES AND

TERRITORIES.

Operatives, skilled and unskilled

Malt* ftbo?«16 ytars.

605,546( * W188.888

885,6849881,489.1,486,817,658

AlabamaAlaska.Art ion aArkansasCalifornia

998,8<i9|4,84B,«76

89,918,974

470,6676,768,864

899,4901,099,1001917,868

8,886,74946,668,5067,071,7769,781,86818,669, IH3)

ColoradoConnBCtioutDel*Dlit. ot OoiumblaFlorid*

40,9081614

918,796

mm

OenrgiaIdahoIlliauliIndianaIndian Territory

6,9ii8>,4961499,496

784

8,890164!l6,88ft9.P84

11,998

17,880,06511,771,84116,189,47^ri,941,281

16,488,716

14,66488,88:1H8694 176

m

98,647,944106,516,48746,O09,0rlHS66170848717,064

Irt.4lH.HH

90,1809 106

17,484411

83.76JI

ontoOklahoma.OregonPentiijlvantn.

Carolinaonth Dakota

T e n n e n wTaxatUtah.

7,189(60A19,199,410,807,18i»! 176,781

6,670! I,4l6!4()867 10,166


TABLE 1—STATISTICS OP MANUFAOTURES.-THE UNITEDSTATES, BY STATES AND TERRITORIES—

U. S. CENSUS, 1890-Continued,

AVERAGE NUMBER OF EMPLOYE8AND TOTAL WAGEB-Continued.

PI eoeirorkorf - C o o tf nued.STATES AND

TERRITORIES.

United 8t»tei 896.847

28,482,88180,198

868,81412,85)7,211 I

130,341,035'

ColoradoConnecticutDelawareDi»t. of ColumbiaFlorida.

30,848,616,ltf8,

11,161,76917,194,6tf68,091,864

84887,671,84889,881,48718,328,890

18,6314918

8677010,96077,475

79,199,407788461670168868188.S89.7S461680,689

10,219,806126719,86767,800,71866689600

MarylandMamaohuietti.MiohlganMinneiota,MtulMtppi

1,786,63614,136,876

93406?278,61464.U68

49,1678W, 11687 6836,949

S8144

190,414154,631,91811848194110064 897

MiuourlMontanaNebratk

177,107,8869,876,098

67:884,688

47,764,163

338,897,688

SNtvr J«ri«yN«w MexicoNf w YorkNorth CarolinaNorth Dakota.

871,964 086 I 1,711,577,07193.780187 40 876.460

OhioUklahomOregon..Fenmylvania.Rhode Iiland

Rottth Carol!nSouth Dakota...TenTezaaUtah

Vermont.Virginia,Washington.W i l t VirginiaW i i o o m i n . . . .Wyoming

157,477658,807

9,88068,919

979,8101,940

4,17068>S75

6,68916199


to

I5

IEs3

a

-i|i{|q«1g» jo JtquunM

Q

as

,' I i ! i | | j1 i h i 1

I i is! I i liiliifi i ij l J | J { ; | i i 1} }J|2

I 111i i f i ! ? i I;

8

MO1

! i

.'tiff 9

4§«::

I

a—STATISTIOS OP MANUFAOTUKES—LBADING INDUSTRIES, U. S. CENSUS, 180O -Continued.

INDUSTRY.

AGGREGATES FOE NEW JERSEY.Continued.

C c

Gars, general shop construction and repairs by;steam railroad companies............ ^ ..

Flouring and gri-t-mill products........^. .„Cotton goods......................»...........^............

Hosiery and knit goods* .. I.".!Woolen goods.. .»......^..^^. ........„- ,

Worsted goods* „«.«.. Bread and other bakery products.,..Leather, patent and *nameled,.,..~.......

Tanned and curried* .. ..-Morocco*-..*...,............................

Tobacco, chewing, smoking and snufff.Glass .... . . . . . . . . .

Catting, staining, ornamClay and pottery products..

Brick and tile*......... ....China decorating*......,.. „

LtnaabeT, planing-mitl productsBoxes, wooden pacfring*^....,^.Wood, turned and carred*..«...

Jewelry... .„„. w . „] Watch and jewelry repairing*Sewing machines and attachmentsPlumbing and gas-fittinc .. ~.....

nting*....,

18228

s21C

45322314

U10€0957

1011742

18,0515,9285,9(31,0915,6522,0595,5*65,4302,7«*2,257

5,218180

5,1662^26

376

954390

4,725

4,1774,093

n

^,7672,81613,5201,3523,8111^052,0963^5251,1851,315

5,4785,09 J

220

32338

3,304244

5,2381,641

Its n

AGGREGATES FOB THE UNITED STATES.Continued.

5,233'707 i

5,6831,277;4,2281954

2,135!1,739]7576341

$28,7753,36120,5433,42614,S132,84112,6471I.6C24,8223,469

I I

71618,470

905796

1,311143

10,48432

1,596121

5,84085

4,fi'S4,798190

1,«27550330

2,006191

3,9472,242

28,627509

25,96715,295

976

,2,5662,075

14.1741,180

21,24415,076,

294279707

783,670636872783

4,50259

5,327

Is

$129,462513,971525,59567,241153,57879,195128,4226,502

138,28229,279

41,0516,09022,05767,771

848

25,51310,91034,76110,70412,82380,906

11

$76,192208,474354,02150,608130 99068.08545,7584,103

81,?6212,284

40,9672,50426,12782,579

500120,27113,0187,82622,^476,05716,04329,335

108,58563,481!

221,58561,£09!79,351!43.59352,762

2,0873 ,8,237

45,9873,794,20 296109,151

467

13,9228,43015,7618,6479,121

43,513

II$617,977

270,357

182,633284,789158,802

13,530178,25645,996

221,18524,964101,381326,9522,545

4*9,70064,77142,269102,70455,16651,756287,626

* Not included in above.f Owing to omission ia cense? tables of the largest establishment, employing in 1880 over 2,000 hand.*', the statistics as given in the deta led tables

below are inaccurate. In 1880, the product of this indusfan was Tatar d at $5,000,000.

26 STATISTICS OF LABOR AJSTD INDUSTRIES.

TABLE 3.—STATISTICS OF MANUFACTURES—NEW JERSEY*SPECIFIED INDUSTRIES-U. S. CENSUS, 1890.

MECHANICAL AND MANUFACTURING

INDUSTRIES.

All industries • -•

Agricultural Implement!Artificial feathers and flower* (see also millinery and laoe

goods)Artists' materials ,Awnings, tents a»d $nl)*.,........Bags, paper...,Baskets, and rattan and willow wareBelting and hose, leatherBelting anU ho«e, rubberBlaeksmitblngand wheelwrightlng (see also carriages and

wagons) . . .».Bluing ..Bookbinding and blank-book making (gee al>o printing and

publishing).Boot an" 'and shoe findings..... *Boot and shoe uppers. ,'Boots and shoes, custom-work and repairingBoot* and shoe*, factory prod nets.,..,Bottling (see also liquors malt, mineral And soda waters). _.Boxes, cigar.. , 6Boxes, fancy and paper (see *J»o fancy articles not else-

where specified)Boxes, wooden packing (see also lumber, planing-mlll

products).Brass and copper, rolledBrass castings and brass finishings (see also bronie oast*

ings, plumbers* supplies) , . . . , , , , , . « , , ,Brass wareBrewd and other bakery productsBrick and tile (see also olay and pottery products)Bridges - -Brooms and brushes •••Buttons , . . .Card-cutting and designingCarpentry I ($8Carpets and nigs, other than rag (sue also woolen goods) tfCarpets, raff..,*......... 07Carriage and wagon materials...... 19Carriages and sleds, children's 0Carriages and wagons, Including custom-work and repair-

Ing (see also blaoksmithlng and wheelwrighting) 340Cars and general shop construction and repairs by steam

railroad companiesCheese, butter and condensed milk, factory productsChemicals (see also fertilizers, gun powder, high explo-

sives, paints, varnish)China decorating (see also olay and pottery products)....Clay and pottery products (s«e also brick and tile, and

china decorating),.,.,,»»,..*..* , . » „ , . „ , . . . , . . . , »Clothing, meu1i, custom-work and repairingClothing, men's, fantory product.Clothing, men's, buttonholes, factory productClothing, wow»n'»,drossi»*kin|f...r- —Clothing, woma»s\ factory proouotCoffee and spice roasting and grindingCoffins and burial oases, trimming and finishing,..Coffins, burial oases and undertakers' goodsConfectionery»»Cooperage ..Cork-cuttingCorsets,Cotton goods (see also hosiery and knit goods)Cutlery and edge tools (see also files, hardware, tools).,..Dentistry, mechanical ,Druggists' preparation*, not Including prescriptions (ioe

also patent medicines and compounds, perfumery andcosmetic*}

Dyeing and cleaning ,Dyeing and flashing tgxUIti

SB17M088,8008tl,(H6W.iM

i,eu,&?4

445,10?4IHMR

6,09079a40HW667 980

• Preliminary a»d •mbjeot to change. Include all classes of mechanical and manufacturing Industries, asreported at ton eleventh U. 8. Otnsus, with exception of mining and quarrying. Lire assots tnalmtaf rawmaterials; s»ock in process and finished product* on hand, and own, bills, and accounts rtnelrahl* «*- - • • -


TABLE 3.—STATISTICS OF MANUFACTURES-NEW JERSEYSPECIFIED INDUSTRIES-U. S. CENSUS, 1890-Continued.

CAPITAL-flontlnued. AVERAGE NUMBER OF EMPLOYES AND TOTAL WAGES.

, firm membera and clerki.

Malei above16 years.

Females above16 year*.Machinery,

toolmmitImplements.

18,6127160

18,9708616014,76687,11)0

963,664

7,2008,170

03,1608,480

189U0

turn

1,6684.1P6

88,186

212.HSH)976,889

61,9U64.10ti

13,688

146148738,0986439

97,498t,688

269.47080.A096,947

71 13218,679

78,768391,83ft

14,6606,81768*

MJT"

2)87,929382161124,864

9,6344,316

36,040as:

467,998188,«7614881

86447,71091,896

US8,948

79,68184911,840

47,666194,47'

860,711W7U40,80749,81141,S4(

976,680113,809

7f0l ,71,10487 1)0338,70281,998

698831a,064,98S

944,97144,044

pbuUdlogi and mnnot titewtftre reported,

lnoludM rent for tenanojr 5 taxes (lneladlnt Internal revenue); lnwrance; repairs ordlnari«ohin*rv: amount paid contractor*; interest paid on aash used In the buslneM, and all nun*Spatted, Oort of i»«terial« uied Jnoludes tnol; re»t of power and be*t, and mill »uppli««.


TABLE 3 -STATISTICS OF MANUFACTURES-NEW JERSEYSPECIFIED INDUSTRIES—U. S. CENSUS, 180O—Continued.


INDUSTRIES.

All industries.....

Agricultural Implements -Artificial feathers and flowers (s«e also millinery and lace

goods)Artists1 materialsAwnlngm, tents and nulls... ,Bags, paper ,Baskets and rattan and willow vrareBelting ami hums, leather ,Belting and huae, rubber ,Blacksmith! ng and wheelwrlghting (see also carriage! and

wagons).Bluing.

AVKRAOI5 NUMBER OF KMlT.OYKB ANDTOTAL WAOKB—ConttniHMl.

Operatives. Including skilled and unskilled.

Males above16years

Wages.

100,3821-

Bookbinding and blank-book making (see also printing andpublishing)

Boot and shoe findingsBoot and shoe uppersBoots and shoen, custom-work and repairing ,Boott and *hoe», factory produutiBottling (see also liquors malt, mineral and soda waters)....Boxes, cigar ,Boxes, fancy and paper (see alao fancy articles not elsewhere

specified)Boxes, wooden packing (see also lumber, planlng-mlll pro-

ducts)Bran and copper, rolledBrass castings and brass finishings (see also bronzn castiugs

plumbers'supplies)Brass ware..Bread and oth«r bakery product* — —Brick and tile (s«e also clay and pottery products)BridgesBrooms and brushesButtons ,Card-cutting and designingCarpentryCarpets and rugs, other than rag (see also woolen goods)Carpets, ragCarriage and wagon materials , ,Carriages and sleds, children'*Carriage* and wagou*. including <m»tom«work and repairing

(see also blaoksmithingand wheelwrighttng)Cars and general shop construction and repairs bj steam rail

road oornpanleg ,,Che*s«, butt«r and condensed milk, factory productsChemicals (AHH also fertilizers, gun powder, high explosives,

paint*, VHrnlnh).. ,China dncv>rutlng (see also clay and pottnry products)Clay and pottery products (ate also brick and tile, and china

decorating) „Clothing, mon's, custon>work and repairingClothing, men'*, factory productClothing, men'*, buttonholes, factory product . . . . . .Clothing, women'n, dressmakingClothing, woman**', factory productCoffee and splc« roasting and grinding , ,Cofflm and burial cases, trimming and finishing ,Coffins,burial oases, and undertakers' goodsConfectioneryCooperageCorfc.rutting..Corsets ,Cotton good* ( M * alto hosiery and knit good*)Cutlery and edge toots (nee also files, hardware, tools)Dantlstry, mechanicalDruggists' preparations, not including prescription* (se«

also patent medicines and compounds, perfumery andcosmetics)........ 4 ,.

Dyeing and cleaning ,.Dyeing and finishing textiles,..,

M.ttM

4»S486

n.fioa66

77,678

18il,006149,666H2H!)U8

,5H!»H

4,615,4401 KI.H7M11,096

17H.4I8

toalnii above16 ynam.

Num-bnr-

28,029 10,397,979

1,61(1,361HIHH*»

146,76111.8M

|

19

188

78

760

6,1888.640

661

4,784

. 4•,'JWi

iiOl.619600

6,668

88,1)6

41,366

6,67068,I6D

718

616

iiI

10I

91184

\n

717884

7

88

inW M

19

&

11,1061,411

4.000

410

4,966166

IH.7M24,879

181.00047,961

1*144

109)7841,800

m',w'sin

80811.4H494.900


TABLE 3.—STATISTICS OF MANUFACTURES—NEW JERSEYSPECIFIED INDUSTRIES—U. S. CENSUS, 1890—Continued.

AVERAGE NUMBER OP EMPLOYES AND TOTAL WAGES—Continued.

Operntlven—Con-tinued.

Children.

Num-ber. Wages.

I7UU60

86181

840119H

440200

Pieceworker!.

Males above1(5 years.

Num-ber.

84,815

Wages*

600

4,800

5,184m4,160

8,614

Females above16 years.

Num-ber.

18.89H

65

180 . . . . .'26 98

19,887 1897

8,691

1,611

8,860

14,74811,618

6108

866 86750 V8284! 8

I,b8di

1,800|1,100

84,718919,584

88,870

56,1405,000

6,496

18,80839574

194019*0

1!:!??M§S8

16.8981

3,604a082j

711403

"'8,74960

850 f166060 466

64,108 891,830 142

7*0,.SOB

80tm>

48,664

6UJ,872

1,669

605^740388490

4,160

136,56637,96464,669

3862)0,000

W a g e s . N u m -ber.

(8,468,619' 643

Children.

6,600

1,800800

*60|'

Dtii

111

874

85,808

36,780

6,88317,866

86,476

2,600

998

5,000

330140694

8

190

63

66,98481,108

188,6801,600m

40,800

349,498116,188

10,811

Wages.

1,100

1605,928

300

98664d

14,400300226

1,813

$188,959,801

~ 88,416

11,8664,166]

40.790]

18!H0863,68a

1,127,799

431,5226,385

17,815

17',623260,687,

8,417,18038*,240.

27,544

B40.042,

474.779

Is!$863,180,717

300,282

45.760ia4'O

514,4698 2 4 l \ 78 2 4 , l 7

3,3(14,666510,664476,616

316,16211,046

7,169,2574H0.SU788,264

329,ii7t)110,596

1,084,589

1,172,891

6,036,040192,716

1,866,884

i ! 8 i |486.9W68 88463888

656,669167,002;

«MM2

119,81)043,507952fi095,20

1,662,709

1,587,16816,700

98,96610,82449,800

827,0827,a55.40»496,81169,482

953.930624,840

795,006

6,646,9762,826,074

765,022212,929696,600

28,20014,762.1(27

817,242105,689778,178190,800

2,886,387

6,051,179146,894

8,146,795876,572

5,165,587

13717388,866,

38,254 87,64671,721 308,884

3,711,131' 6,188,897


TABLE 3.—STATISTICS OP MANUFACTURES—NEW JERSEYSPECIFIED INDUSTRIES—U. S. CENSUS, 1890—Continued.


INDUSTRIES.

Dye stuffs and extractsElectrical apparatus and suppliesElectroplatl ng >Engraving and din linkingEngraving, steel, including plate printing (see also lltho

graphing and engraving)Fancy article* not elsewnere specified (see also boxes,

fancy and paper)Fertilizers (see also chemicals)Files (see also cutlery and edge tools)Flouring and grist mill product*Food preparations (see also fish canning and preserving,

flouring and grist mill products)Foundry and machine shop products (see also Iron work,

architectural and ornamental steam fittings and heattur aIng a u p a r a t u s ) . . . . . . . . .

Fruits and vegetable!, canning and preservingFur goodi (see also hats and cap!, not Including wool hats;Furnishing goods, men's (see also shirts)Furniture cabinetmaking repairing anFurnishing goods, mens (see also shirts)Furniture, cabinet-making, repairing and upholstery (see

also mattresses and spring beds) -Furniture, chairsFurniture, factory produatGas and lamp fixtures (see also lamps and reflectors)Gaft machines and meters ,Gas, manufactured, illuminating and heatingGas stovesGlassGlass-cutting, staining and ornamentingGlorei and mittens (see also hosiery and kult goods,

woolen goods)G l u e . . . . . . . . . . . . . . . . .Gold and silver, leaf and foilGold and silver, reducing and refining (not from the ore).Grease and tallow (see also axle grease, soap and candlesHatrwork ,Hand-knit goods •Hardware (see also cutlery and edge tools, tools).. . . ,Hardware, saddlery...Hat and cap materials .Hats and oaps, not Including wool hats (see also fur goods)High explosives (see also ammunition)Hosiery and knit goods (see also cotton goods, gloves and

mlUnna, woolen goods)Ink, printingInstruments, professional and soiantlflaIron and steel forglngsIron and steel „,___Iron and steel nails and spikes, out and wrought, including

wire nailsIron work, architectural and ornamental (see also foundry

and machine shop products) ,Ivory and bone work »JapanningJewelry (see also watoh, clock and Jewelry repairing)Jewelry and Instrument casesJut* and jute goodsKaolin and other earth grinding . . . . i . . .Kindling woodLamps and reflectors (see also gas and lamp fixtures)Leather,dressed skinsLeather goods (see also pocketbooks)Leather, MoroccoLeather, patent and enameledLeather, tanned and curried . . .Lime aud cementLlquon, distilled , . . „ .Liquors, malt (see also bottling) .. . .«****..,. ,Liquors, vinous (set also liquors distilled)

£g> Aggregate.

i11

8

1821

8998

16

9408460

109(

U84

1 *67H,fi»7

lHaftfi4ti>H(l

77,818

| 88,100

• '444,*8469,810)991

140,660

19,084,080: 067,6881 99,976

14,976

699,95118,160

819,0*490.800

199.480Btf i 4,810,011H 81,076

8410

fa70H

If)8

968414

86

16

J9

9J

8

90

74

88984

198188

•1

! 8,744,8041 81,184

199.090

90i48H114,050167,0(10.89,6464,906

790,7481,806,4 IH

90O,MO9.06JJ.7O71,044,088

1.BM.14806,000

199,814491914

0.OS»;O40

1,681,810

806,719101,00019700

8,80801616 779

1,800,898176,88980,897

179,461980 846186,860

1,811,0008,694,690

14,70010,184 640

99 076

I) u tiding*.


TABLE 3.—STATISTICS OP MANUFACTURES-NEW JERSEYSPECIFIED INDUSTRIES-U. S. CENSUS, 1890—Oontinued.

CAPITAL-Continued.

Plant—Con-tinued.

Machinery,tools and

implement!.

$43,00081,7627,700

16,026

Live assets.

487,264162,524660,540!

38,785!

5,664,145181,279

3,0501,800j

80,705(1800

MJ.300

81,42086000m

16408,000

163.457817,42994,415

4?iW86,766 i

504,077

Hi), HOI I118,000mi4o700,ooo!

118,45036,0007.90<»

828,4338,100

407,25044.6S81I.70U46,600

siftsiftBBOOOO841,6001

1831,697

905618,885

10,780

28,2662,380,618

176,9991,081,476

84,740

552,810

136,01148,1004,860

615,34*119,246

14,177162,961186,650181,476866,000

<8tiS8tiS

*8l,frM58,179a ,381

1,627

1,95010,014186,48512,920147,020

6,827

38,8626896

19,5962,5084,758

463,6182$M)

AVERAGE NUMBER OF EMPLOYES AND TOTAL WAGES.

Aggregates.

Averagenumber.

Totalwages.

68.B87

141488

'2201088470707

101

184828666

67107

713904268

58L37

584085

18474

1178234

mm,211

1377,63

S911

277|4mi727

4871120

192006

848864874

244166264684

1789767806

1.433

20,6*031,981

27,668

86,148691,208285,972836,076

41,831

7,957,672299,60926,67724,964

306,62624,977

170,42819,41348,765

16,60C2,863,718

60,909

109,60889,77721,21424,60440,78819,89810,988

806,628684 2*7185,178

8,068,242124,768

842,60151,674158,652172,012

2,163,304

809,746

276,12266,1049,839

1,417,4219,069

28768029,110»2,*22

125.8H1102,19598,646

84fl.91S

rm members and clerks.

MaleH above Females above16 years. i 15 years.

Wages.

1,408,9831.6881

4769

i10617

254

38

62291

51010281627715134

3306

71,7241,248

37,6808,fi40

14,80081,9118,120

129,213,16,580

17,040 J5,418 .6,b24j.

M988,7968,(100

71886136,82633 014

29,88019,87086,68028,428170,888

34,655

80,94118,8006,400

398,7068,7166,100

11,6447.49J

11,66733,fl6014,44024,700

134 88566,7»16,977

64082Hl

13

1

7

1

7

1

3

1

30

8,406

680

6,078

1,1441,200

4.SS4

166

1,040

812600

6,883

a]

i

1,140

811

1,040

32 STATISTICS OF LABOR AND INIMJKTUIFN.

TABLE 3,—STATISTICS OP MANUFACTURES -NEW JERSEYSPECIFIED INDUSTRIES—U. 8 CENSUS, 1890-Continued.

AVKRAdK NUMRKIt OK KM |(I,<>YKH ANDTOT A I, WAIIKH ConIIHum!.


INDUSTRIES.

Operatives, Including nkilliMl nnd l

Males aboveiff years.

Nitm-b«r.

Dyw stuffs and extraotsEleotrlcal apparatus and supplies »Electroplating *••Engraving uiui (lit) Kinking., - • -Engraving, ateH, Including plain printing (see alio lithograph-

ing and tjngravlug) •Fancy arttoiHM not «i»«*rhere specified (««« aito boxen, (tinaf

and papur) • »••Fertili*erB(Hen»l«ooH*»iioiiJi)Flies (see aiso cutitiry and edge tools)Flouring and grist mill products. .... • ...,'Food preparation* (see alio flsh canning and preserving, flour-

ing and griit mill produoti) •Foundry and machine shop product* (see also iron work,

architectural and ornamental it««m flUingf ami beaM&gapparatus) •••

Frulu and vegetable!, canning and preserving u . .Fur goods (see alio hati and caps, not Including wool hats)....Furnishing good*, m«a'i {««« utao «blrti>Furniture, uabinot-maktng. repairing aud uphulttory (•«• aim

mattreitKi and uprlDg beds)Furniture, chain ,.*Ftirntiure, Uetorf productGa« and lamp fixtures (•««al»o lampi audr«fltoton)Gai mauhlnei and metun , . . . |f* , manufactured, illuminating and heating '

tGlaaiGlati-outiing, Rtalntng and ornamnntlng. 4 «Glov*!* and niltltini (RC.H alto hosiery and knit goods, woolen

good*) . . . , . , . , , , . „ . .GlueGold and silver, l«ar and foilGold and silver, rttduulng and refining (not from th« ore)<>r«jt«i»and tallow (««« also axle j{rea»ef soap and oandles),.,, jHairworkHand-knit RoodsHardware (see also cutlery and edge tools, tools)Hardware,saddlery. , ,..,.....,.,,,,, „ ;Hat and cap materialsHats and caps, not inoludtng wool hats (see also fur goods)...High explosives (see also ammunition)Hosiorj and knit good! (see also cotton foods, gloves and

mittmis, wooltin goods)Ink, printing -Instruments, profenslonal and scientific , ,Iron and ste«l forging* ,Iron and steel ,Iron and steel nails and spikes, cut and wrought, Including

wire nails ,Iron work, architectural and ornamental (see also foundry

and machine shop products)Ivory and bone workJapanningJewelry fft*e also watch, clock and jewelry repairing;. ,,Jewelry and Instrument oasesjutt and Jute goods.Kaolin and other eaiKindling wood

trth grinding..Kaolin and 0Kindling wo(Lamps and redeotors (see also gas and lamp fixture*).,Leather, dressed skinsLeather goods (see also pooketbooks)Leather,Morocco. . , , , , , .Leather, patent and enameled... . . . . . . . , . . . ,Leather, tanned and curried ,Lime and cement...,Liquors, distilled , . ,Liquors, malt (see also bottling) ILiquors, vinous (see also liquors distilled)

is:;.ill'24

84W

m

lU>7d

m

m(Ml

SID1ft67

44i)1644

1 0

1'ailm174

mMA. . .s14m1787

147

m470

1040

55]

Wages.

»0,7,4M

1040

55]i

Females above16 years

Nuin-her.

IrtO

(S.HOi.Vttft

llft,74&

'W94,491

DMI.4H4151.4 W

1,674

4H',7$7,444

M l "l.ow

HI410

1 I , W 7HI,JM»4

lol.MA

1"SW1.7JMJ

t4*.9«7

1,(49

aim79Xl

•49

II

«,14I1,110

m4t«

•(nift

U.rtftO

H.OOU

417

m.mIM.TII

44

16,7114ID

WMI.WIIlort.wo . . . . , ,

1,0*7

m,m7W)


TABLE 3.—STATISTICS OP MANUPAOTUBBS—NEW JERSEYSPECIFIED INDUSTRIES—U. S. CENSUS, 1890—Continued.

AVE

Opent

01

Num-ber.

9

8

2

1

7386

8

8

::::::::

;

i

RAGE NUMBER OF

tlve»-~Con-inued.

illdren.

Wages.

$416

990

304

m

13,669947

630817535

Mali16

Num-ber.

7681

38

83

1,482465

1

817

87

166

1169 ma

18 3 888

18 4,0988 3,080

117 SI,119

8 463

SO

14

6

87

1891

i

8,938

3,864

760

6,177

19,08938

634

84 15,1501« 4,160

i 136

I 881

1,9877

87

8

90680468

8,564

98

1946

979

98

15i 100

6690

EMPLOYES AND TOTAL WAGES-Contlnued.

• aboveyean.

Wages.

t86,083

16,663

47,9881,670

796,85480,3023,100

160

15,461800

18,173

1,683,9961,600

81,160

9,986

68,686183,83488,666

3,049,5181,430

9,841

10,76319,719

Pieceworkers.

Ferna15

Num-ber.

78

66

i

401,637

915

8

1

9

61

18

854

86

JS611

8,600780

383434

63?.40<]

89 06011,679

83

66

18

lea aboverears.

Wages.

$97,061

Oh

Num-ber,

10,666

300

16,88069,468

3003,950

600

184

16070

19,486

9,460

6,190900

8,0708,883

447,888

106,076

13,936

16,900

6,993

1068

19

40

lidren.

Wages.

tl,9231,615

1,500

9,08010,400

10

I

6,480

79,9889,889,809

3179706,0161694

327,614

9,967,6001,169,840

61,88616,99tf

191,66118,610

135,42818,96246,889

01,214oa (At63,998

MS146|369

8,605,074486,186

683,781168,97846661

191,3966,078,104

611,577

94643666,87448619

881,116

896436

8,186,6861961684

319,1968697

8,69*4918,186

MM

So

Ij2 " S .S3 a w

Val

ue

of p

rod

rece

ipts

fro

ian

d re

pair

ln

$667,800744,37444,61040,986

60,600

314,6514,819,088

699,7785,938,863

837,486

31,666,9551,848,676

113,59163,776

H 0,81664,800

4J»',761110.697

3.08011645366

5,118,163180,808

360,690

96,'O7O607 807374,607

8?'960

1 718*769'874J868

1,091,408160,760941,661417 914

8,189,881

946,170

799,187114180

189774-'2ffl

608,790638 961

9,366,6005,480,1613,780,016

786 76810,699


TABLE 3.-STATI3TIOS OF MANUFACTURES—NEW JERSEYSPECIFIED INDUSTRIES—U. S. CENSUS, 1800- Continued.

M E C H A N I C A L A N D M A N U F A C T U R I N G

I N D U S T R I E S . '•3

Look and gunsmithlng • 5JLooking-glass and picture frames 8>Lumber nod other mill product* from lo«» or bo)t«, doors

and blinds (see al*o bo*a«, wooden; packing, wood-turned and carved) IK

Lumber, planlng*mUl products, including s**h 10Mantels, slate, murblttn.n<l mtrhMzed 1Marble and atone work (see also monuments and tomb-

stones) 8Masonry, brick and stone (tee also plasteiring and stucco

work) « SfflMatohex IMatsaitd matting tMattresses and spring beds (gee also furniture, wlr« work) 1$Millinery and lace good! (see also artificial featheri and

floweri) »Millinery, custom work II*Mineral and nod* waters ( l e t also bottling) tfflModel*and pattern*,. SIMonument* and tombstones (see also marble and stone

work) 66Mucilage and paste 4Musical Instruments and materials (not specified) 4Musical instruments, organs, and materials , rtMusloal instruments, pianos, and materials • 4Oil, lubricating , , . flOilcloth, enameled 6Oilcloth, floor ; 6Painting and paper hanging 811paints (§ee also chemicals, varnish) , IdPaper.Paper goods, not elsewhere specified.Patent medicines and compound* ((**e also druggists'

p r p U f ) ,Paving and paving material*Perfumery and oosmettos (see also druggists' prepara*

tions)Petroleum refining ,PhotographyPickles, preserves and sauces (see also fruits and vegeta-

bles, canning and preserving)Plastering and stucco work (see also masonry, briok and

stone)Plated and brltannia ware (*«• also silverware)Plumbers' supplies (see also brass castings and brass flu-

ishhiK)

it

Plumbing ami gas fittingPooketbooks (see also leather goods) *Printing and publishing, book and lob (see also bookbind-

ing and blank-book making, lithographing and engrav-ing)

Printing and publishing, newspapers and periodicals ( teealso bookbinding and blank-book making)

Printing materialsPrinting, tipPumps, not including steam pumps.RtfrfgtrMors •Roofing and roofing materials (see also tlnsmithtng, eop<

ptrtmtthinf and sheet-Iron working)Rubber and elastic good*.,Saddlery and harness.. . . . . . . . . . . . . , . , , , , . , . . , , „ „ „ , , . ,Sausage (sew also slaughtering, meat packing, whol»s*4*)Bewlng msohine* and •ttaolitnonti tmtShip building ,fblrts (see also furnishing goods, mm*») ,...",«„*..«Shoddy. . . . . . . . . . . . ,»» .Bilk and silk goods.... . . . . ! . . . !Slaughtering and meat paoklng, wholesale (see also sau-

Blaufhtering,'who!essr«i7noiVnolud3ng "miaV paekina. !!*.!'.Bmalting and r<sflnlnfc, bare scrap meta l , not fr»>n t h w o r e

n

16

6

Ml

CAPITAL.

Aggregate,Total.

108.6V6'

a',76l|M7

I

io«iw»

6A,(l7ft68,470

S78,ttlO

iftMtft416.136A1847li

48J1.7HI j

4U,4(M)IS.OB'J,MH4I

Plant.

HB.WftO

618,118

b'.otw

•jaw.nto

HP.1604,8«6

188,666811.RM

7,760

81,300

60

I . | 17,700147,M'J «f>«<)06iW4Wt f t f i ^

7,6fO

H84.AOR11H(K)

lfl.ocNi187,100u7(k)

i,0S611M7740.IKIA'Jtt

41,70SJXIfHl

B.600HKHi

.wm.mi61,760

861.600 74.000!731.744 ttU.OOilj$48,0761 118,000

1,1W,»7B 88*64)01.461,4641 i t i .Mw

"* 8,000.

mm

8M.7W

frN.MO

I17.M7

Sci.ltu

4.WK)

1,(106.740

H!38,600

W.700»8<K>

,<7H,64681,660

14,900

7 7 , 1 M '

1.041,18117U.I00;

778.671!

41.10*'M,0iMI

4*,7 miAIII(H)7

f»,460

607,461 <M,tu0|

l,H86.86o! |7l.«wo:

47^)00

17.4AU

6*0.7481.4*1.** I

ft.lKHl14.870, 8,004)

18,4M1,887 .MM

1M,*MI• l.«MH)»»Mi6{

lli.aiw n.700S.10tl,fK6 60,000 i

• • , •76•i.got

40.100700,0008M6M

it.odo14.KHI

6fK)t»|»

811,040,140,076' Cll.1 iojijjj

170,700M M11800M M11800


TABLE 3.—STATISTICS OF MANUFACTURES-NEW JERSEYSPECIFIED INDUSTRIES—U. S, CENSUS, 1800-Continued

CAPITAL-Continued.

Plant—Con-tinued.

Machinery,tooli and

Implement!. |

$10,53614,930

244,780458,«95

1,976

171,900

182,31082,80038,482!31,843;

88,290110,8121

396,680jSI ,960

30,6181,750

83638,441

if"116,600320,746

91,040495,701

38,600

18,180

10,5105,011700

85,800

43,410

18,68640,000

43,7001013,388

11, MM)

891,461

1,421,6366,6505,00074708,900

109,985503,100

97,61085,400

1,360,496

19,0005,089,564

188,60088,116 •10,100

•22,10687,816'

644,9821,680,893

1 7 ^

477,688

1,639,366'26,2^629,6441

191,437

64,826267,81393,998;•1,990

164,8866,6102.W074,3743740437,404319816326,500487,706588,804

1,709,784429,78482,750

131,865186,701

39,7507,304,746

64,063

165,376

86,30166,660

81,690991,114131,850

266,130

••IMS

AVERAGE NUMBER OF EMPLOYES AND TOTAL WAGES.

Aggregate!.

M,70618,378

48,089126,174

1,883

36,266

186,6268,1985.61Q

86,010

14,91241,79577,1297,017

9,051866486

45,94618*7

14 9646t,79O96,78880,478'84,1619126891,268

7,760

18,98113,678

1,870341,18880,052

28,829

4,9606,094

7,603111,09485,439

56,267

477,3146,433

1,3761)286

47,079199,789

MSJ1.87990,150

1,856,187

100,62756.99827,388

Averagenumber .

501126

6741,827!

8,89880'

849664392

m

149266,688

2,0817055

810

2,708338

283

91'2,842:

282;

183334

566984

TotalWftgCB.

$80^3765,624

ISMin

17,917

1,180,81237,171

3,104,89123,0781

140,880

144,366179,432231,3571on ainl

Officers, firm member* and clerki.

176,8716,2073,014

108,449aw83»w,83»

119,768!160,500!388,025

1,488,827449,82427«O65

16,296186.870J

42,4781,618,501

181,727

84,935

70,748

50,8791,607,686

91,160

430,211!

1,865,876k9,6878,448

18,46816.U10

390,411538,080642,86647,896

501,01848765

7,176,180

867,

Malei above16 years.

2787;

64189

H

53;

268'6

U38,

16|211781

41a3i

I!1616;26|

336105'

22>16

109|

860

66

81;64

184;12|167063!10

411

e

t18,674,"27,371

83,6(18198,773

AW

66,506 .

810,0564,424 .

10,885 ,39,712

13,082 .14,08469,190 .28,020

36,1901.928 .1,374 .

w,m6,668 .80,126 .

38,760 .88,655

297,686

m,m,3,900 .

18,368t9,506j.

9,m148,918 .60,457

28,689

38,507 .

Females above15 years.

3

1

8

"il

6

128

6

8

Wages.

49,076

500

1,034

44,097

684

1,800

2607 is

1,508

2,184

864

8/i 8011,026

318,11316,852

109,631

800,608

Zjjg4m8,780

76,081IP

1

8

4

148

3

s

750

tt1,200

45,196

1,186

1,760

:::::::: ::::::::::::

65,144133,90938,540

9

61

2

1,060

*"~**S0,W8

680


TABLE 3.-STATISTIO3 OF MANUFACTURES—NEW JERSEYSPECIFIED INDUSTRIES—U. S. CENSUS, 1800—Continued.


INDUSTRIES.

Look and gunsmithingLooklng-Klass an<1 picture frame*Lumber and other mill product*, from log* or bolt*, door* ai

blinds (seti also boxen, wooden ; packing, wood-turned andcarved)

Lumber, pknlng-mlll products, Including sashMantels, slate, marble and marblelzed - -Marble and stone work (tee aim) monumenti and tomb-

stones)Masonry, brick and atone (see niio plastering and stuccowork'k)..

MatchesMati and matting , — —Mattresses and iprtng beds (see alto furniture, wire work),..Mminerj and laoe goodi viee alto artificial featber* and

f l i jMillinery, custom work....Mineral and soda, waters (tee also bottling),Models and patternsMonuments and tombstones (tee also marble and stone

work)Mucilage and pasteMusloaTInstruments and materials (not specified),Musical instruments, organs, and materialsMusical Instruments, pianos, and materialsOil, lubricatingOilcloth, enameledOilcloth, floor., orPausing and paper hangingPaints (sea also chemicals, rarnlsh)PaperPaper goods, not elsewhere specified...Patent medicines and compounds (see also druggists' prepa

rations) ,Paring and paring materials ..Perfumery and cosmetics (see also drugglsti' preparn

tlom1

Petroleum refiningPhotographyPickles, preserves and sauces (see also fruits and vegetables,

canning and presarrlng) ,Plastering and utiusoo work (see also masonry, brick and

stone) ., „Plated and brltannla ware (see also silverware)...Plumber*' supplies (see also brass castings and brass finish

Plumbing and gas fitting,Poaketbooks (see also leather goods)Printing and publishing, book and Job (see also bookblnd

ing and blank-" ' '-'-- "" " 'Ing)

nk-book making, lithographing and engrar-

Printing and publishing, newspaper* and periodicals (see allbookbinding and blank-book making) ,

Printing materials ,Printing, tip ,Pumps, not including steam pumps ,Refrigerators.Roofing and roofing materials (see also tinsmtthlng, copper-

smithing and sheet-Iron working)Rubber*noel*itlogoods, .Saddlery and harnessSauuhgt (see also slaughtering, meat packing, wholesale)....Sewing machines and attachmentsShipbuildingShirts (see also furnishing goods, men's)Shoddy..Silk and silk goedsSlaughtering and meat packing, wholesale (see also sau-

sage) ». . , . . ,Slaughtering:, wholesale, not Including meat packing.. . . . . . . . .Smelting and refining, bare sorap metal, not from the ore, . . .

AVKRAOE NUMBER OK KMI'LOYKg ANDTOTAL WAGKB-Gontinued.

Operatives, Including skilled and utmkltl<nl.

Males above16years

Num-ber.

906f

8,574anM

11014

80671»

9100

MJM289

498

aw9,U| |

lift

1.88A I

m

•••ss91;

411146614711II j

I i100119664

4,010

19ft

Wages.

$11,41180,601

1M/J7I7r2ii

A M U

18.7994,8*4

100,810fiaA07

ltH.SOfH.U711,190

fll.MW14,700

llM,4K199,674

11,810

mmiI , I

1,114,90467,618

96,844

197,161M.18I

09 87,090,866! \,m,m

9B6.08A

746.47719,407

*sm7,869

1S/JW818.997917,604

17,141

'flWB

nmleM HbovnIfiyears.

Num-ber.

2,789,477

flWB..79|644 ;9D,4»0

9,IO6,ii l I

Wages.

i

two1,870

6,0001618

10

76497

9

1.0180.446

97,670110.870

410

690

' " •j

6460

1

16,194

1,784

41

44

91

8

99

67

70

n

11,499

11,891

7,090

As(114

1,0911U.400

94,489

16,199600

g?.76t9,000

•6470,907

* 110.468«996

87*'"

6,961 1,Ml ,446

10.468«,996

01,446


TABLE 3—STATISTICS OP MANUFACTURES-NEW JERSEYSPECIFIED INDUSTBIES-U. S. CENSUS, 1890-Continued.

AVERAGE NUMBER OF EMPLOYES AND TOTAL WAGE3-Continued.

Operative*—Con-t inued.

Children.

N u m -ber.

I19

22

4

4

2

48

2

i

3

6b1

9

B

6

113640

48

71

686

160

10

868

Wager

$633,101

844460

1,654

634

364

100396

1,432

614

290

Malet above16rean.

Num-ber.

4310

IS

60

n71

a

60

Wageg.

#3008,640

11.3097,020

7,252

51 858

70224,260

70,604

3,240208

ib.ooo

Piece worker!.

Pent ales above16 years.

Num.ber.

1

Wage*.

»200

20>41

78

a,(M»o13,874

19,882176

Children.

Num-ber.

4

860838600796

867

. . . . . . . . . . . . . .610

160

76882

1,7104,8309,080

8,429

9,061

2089,664

998

60,400

1,000QOO

129,579

21679

1

6

5998

20

77

134,65868,826

160

9,840

224 (91'880

4,600

4 6184,293

1 260

68

8868

i

168863

48316

177

8,768

89

87,664

329,0722,000

780

88,200313,410

394,86816 82476,018

1,668.656

42,683

26

1

183

66

66

66

768

3,813

4,518

"156

30,894

84

4

13,940

17,860

Wagei.

•866

i

8 686

630

83,40014,664

191,631

862,i60

* 80

iom

6,600

1,000

11,918

M7.866,91,7461

i

699,637]9,996,817

24,287

3,196,50865,92628,295

S4I,820

13B.845874,657251,4'»6

81,679

239,90622.167,«m

188,17817,800

853,781065,89*8UH.&9S861,705

1,606,619724,296128,881

68,63a

128,87016,474.03*1

86,0601272,406!

112,189'88,606

37,867

171,'<63

797,1691,155,684

770,621187,0611761,366

1,140,463666,545301,118

17,908,888

4,529,988H,7Ua,W8

1,605,000

i lIS*si!is!

fit166,878

1,316,6244,669,872

71,420

633,609, 1,489,987

7,402,271IHJJKJO70,287

63l9ti8

353,600768,7427B3.78II145,690

548,59084,660W.880

326,23445,70(1

532,1691,129,1851,429,276a78«ai6a,78«,ai62.H91.9471,377,886

I9S.600

664,724

216,15020,711,826

467,603

80H,651166,749

183,0004,098,088

316,000

423,678! 1,085,544

(66,18848,170

4,16084,876U88O:

9 P . 023,80076,198B6.7B&

1,«11,9592.1H6.7061.7W.I0O

949.8034.177,1803,692.4201»V«9781»V«,978

389,64080,760,871

6.262.66212.UUi.6U

1,787,630

STATISTICS OF LABOR AND INPUSTUIKS.

TABLE 3.—STATISTICS OP MANUFACTURES—NEW JERSEYSPECIFIED USTDUSTRIE3-U. S. CENSUS, 1890—Continued

MECHANICAL AND MANl'PACTTKINd

INDUSTRIES.

Soup and candle* (see aim groan* and 1 Allow)Sporting goods •Springe, Htfiel, cnrand oarrmg*Stamped ware (s«« alno tinsmlthlng, eoppersmlthing und

slioet-lron working) •Steam fitting and heating apparatus (see also fonndrj1 and

machine-shop products)Suru'loal appliancesTimber products not manufactured at mill (see also roof'

Ing and roofing materials)ltht lthlng

pIng and roofing materials)

Tinsmlthtng, ooppersmlthlng and sheK-iron workingTobacco—chewing, smoking and snuffT b i d i tTobHcoo—cigars and cigarettes..Tools, not elsewhere specified (see also cutlery and edge-

tools; hardware) ,Toys and gamesTrunk* and vallsai (see also leather goods)Umbrella* and canesUpholstery materialsVarnish (sen also paints)Vinegar and elder |Watch and clock mater ia ls , . . . , . . , , . , , , . , , , , iWatch cuesWatch, clock and jewelry repairing (see also Jawelry) IWindow shades IWire , IWire-work, Including wire rope and cable (see also mat-

tresses and spring beds) 'Wood, turned and carved (see also lumber, planlng-mlll

products, Including sash, doom wnd blinds).Wooden ware, not elsewhere specified..Woolen goods (see also carpets and rugs other than rag,

felt goods, gloves and mittens, hosiery and knit goods)Worsted goods (see also woolen goods) IA 1.1, OTIIRll iNDUBTRllta* •

• To avoid dlidosing the operations of individual establishments, Industries in which there are less than 8establishments reported are grouued as "All other Industries" ; Km bracing ammunition J, ail* greas« I, bab-bitt metal and solder 8. bagging ifUi hentp and Jute) I. baking and ynast powders I. belting and bos* (lltmn) Ibicycles and tricycles I, billiard tables und materials a, blacking 3, bone Ivory and lamp black 'J, boot and shoeout stock 2, boots and shoes (rubber)'J, brass 1, nr<>n«e castings 1, oars (street railroad) I, eellulold and owllutoldgoods I, chocolate and cocoa products 1, cleansing and polishing preparations 1, dot?Us I, Hoth sponging andreUnlshlng 1, clothing horse I, clothing (women's buttonholes) I, rombs l.cordngH mid twine a, conlUls andsirups 1, crucibles 1, dentists'materials I, emery wheels 2, enameled goods 1, enameling U, fall gumls % lifeworks 1, fish canning and preserving'J, foundry supplies 1, furs (dressed) 1, galvanising 'J, goti|tnwd«r M handstamps 2, hay and straw-baling 1, house furnishing goods not elsewhere specified I, lo* (artificial) I Ink(writing) a, iron and steel (bolts, nuts, washers and rivets) 1. labels and lags 1, lapidary work a, lasts 1 'lead(bar, pipe and sheet) 1, lightning-rods 1, lithographing and engraving 9, malt I, nneclles and pins I oakum Itoil (caster) 1, oil (lard) 1, oil (llmeed) 1, optical goods Si, pencil casws «, pencil* (I»R.!> 1, i>«u« 'st™!') }, j.hoto"graphlo apparatus 'J, photographic materials 2, pipes (tobacco) 8, rules (Ivory and wood) 9, saws 1, scales andbalances a, sewing machine cases 1, sewing machine repairing i). silverware l.sUiiminr* goods u*»t elsewhere•ptotfled 2, tavldnrmy 'J, thread (linen) I, typewriters and supplies 9, washlng-machin*** ami clothes wrlnn«r* 1watohts2, wot d-preservlnir 1-

aS

1

= 1 "

\A•Afi

H8

4

m444

111818

Ti11A4

WHM

18

4'Jn

aiH

107

Aggregate.

*a,a(-n\HflMW.HlH

artH.7()()

l,40J,l'Jrt

1,4»5,HH7

10,1178

Htl.'llH

\,mfm

1 CIA .660

251,4U4

817,«wa

lMt7'.A4H

CAPITAL

Total.

tUA.HM

4r»7.«l)710,1 HO

7M,'<» 0

lIR.HHtl

H | O \ K H I

IUI.A77

I,'41X1

I.1H7.OO4

«,H»I,147

Plant .

Land.

»iw,ooomo

•JT.OIK)

7H.400800

A.HOX)

1HUJ70

f. rton

ti.M&O

3A.A00

10.000

HO.(KH)

10.AOO

8AJMN)

Buildings.

tmioo4,00(1

aii.ooo

6'J.'J36

47,8641,000

1H1.41I

7.'11017rt,4(10

H|IOOU44.17A

4.7OUIA.0U08H.A00HH.60U

Ai),BO0

Aii.100

lJliftOO


TABLE 3.—STATISTICS OP MANUFACTURES-NEW JERSEYSPECIFIED INDUSTRIES-U. S. CENSUS, 1890—Continued.

CAPITAL-Continued.

Plant—Con-tinued.

Machinery,tooli and

Implements.

$149,6004200068,600

660,6001

831,8488,880;

4,066

123,860'8.668

109,836'88,300£6,700,

149,040

SIS

969,164438,478

8,476,487

e aueti .

160,800

766,80lj1,028,980!

lOfrlj1,038

391,709197,469696,066

148,66819860

913,74846,80067,001

1.866,68416.400

107 660609014136,06766 086

890,600

127,887

178,1671.0S0

AVERAGE NUMBER OP EMPLOYES AND TOTAL WAGES.

Aggregates.

Averagenumber.

1888,7614 489

19,709,

100,188!

66,2638,897

16833,848

184,333388,827

31,003186

406,71691406

910,416

Totalwagei.

181

1,603

646161

1,433'19,1668,670

96,8816,0626,67*

368,8481,7686.887

19,89128,4774,640

10,666

36167

1,812341168

88

•51

136

846

4,328964

$800,63180,608

126,681

630,904

682,0943M87

6,2768fi&9,Q66,281

704,272

806,88217,690

713,6'Jt)98,Pi>867,444

274,42812,57577,184

204,788118,04a81,086

186,346

129,797

207,6071,404

1,481,St 5384,102

3,966,184

Ofllcert, firm members and clerkt.

Males above16 years.

Num-ber. Wagei.

17,318

Females above15 jean.

Num-ber.

1

"I*:;*"

i si

2

Wagei.

• I l l

4,804

68463030C833

iwjio4,940

38,360

67,868

119,962

60086,41918,691

337,888

86,6766,161

83,04280968,0969,142 ,

171,696 44,848!

1&.816'38,411! 167,048 . . . . . . . .16,63089,710

26,126

41,826.1.404 -

77,857 I13,660

443,176 14

8,340

1,800

1,900

'6",768

40 STATISTICS OP LABOR AND INDUSTRIES.

TABLE 3.—STATISTICS OP MANUFAOTURBS—NBW JERSEYSPECIFIED INDUSTRIES—U. S. CENSUS, 1800—Continued.

j AVEKAUK NUMBER OK FMl'LOYKS AND

; TOTAL WAUIC8-Continued.


INDUSTRIES.

Soap and candle* (see alto gras ie *n<i tallow)Sporting goodsSprings, steel, car and carriage8ia.mp0<! ware (#e»»J»o ilnsnmhlug, coppersmlthlug and shent-

lron working). . .Steam fitting and heating apparatus (see also foundry and

machine-shop p r o d u c t * ) . . . . . » . . » , , . . . . . . . . . , , .Surgical appliances •Timber products not manufactured at mill (see also roofing

and roofing materials) ,Tinsralthing, ooppersmlthlngand sheet-Iron workingTobacoo—chewing, smoking and sun IFTobacco—cigars and cigarettes . . . , .Tools, not elsewhere specified (see alto cutlery and edge-tools;

h a r d w a r e ) . . . . ,Toys and gamesTrunks and valises ( see also leather g o o d s ) . . . . .Umbrellas and c a u e s . . .Upholstery materialsVarnish (see also pa ints ) . . . . .Vinegar and olderWatoh and olook materials , ,Watch o a i « t . . . .Watch, olook and Jewelry repairing (see also Jewelry)Window shadesWireWire-work, Including wire rope and cable (see also mattresses

and spring beds)Wood, turned and carrm! (see also lumber, plmnittg-mlll prod

uets, Including sash, doors and blinds)Wooden ware, not elsewhere specifiedWoolen good* (»«* al*o oarpets and rug* other timn rmg, foil

goods, gloves and mittens, hosiery and knit goods)Worsted goods (see also woolen goods)A L L O T J I I B IMDDSTJUXH* , , . . , * . . . «

Operatives, Including skilled and unskilled.

Males aboveIH years.

Keinales aboreIA years .

Sum-her.

""_-$>16

134

761

6673ais

%m44

887

Wages.

~~ 1284,188

8BH,'J8ft

3i47;fJ"4,2116

I7fl!61i»

37084

4IIHKW86

14637

ft*loti»7

37H

1HI

344

Num-ber. Wages.

147,109H.2H7

4 .51.014

M.M77.7K9

47,a78aim6H.PHII7IV4

167,Ut|

1.W0l l»

8,474

106

1H4

1,380

3,670

a39

I

14

10106

l.RM6,316

3,1646,4101.65ft

17,137

m

10

11

7,64l>8,701*

3,5M

8,044

l.Wrtibot

l *

* St« not« oo p«g« 89.


TABLE 3.—STATISTICS OP MANUFACTURES-NEW JERSEYSPECIFIED INDUSTRIES—U. S. CENSUS, 189O-Continued.

AVERAGE NUMBER OP EMPLOYES AND TOTAL WAOEB-Continued.

Operative!—Con-tinued.

Children.

Num-ber.

7878

215

Wagei,

•5,6821.87H

6,518

""200

1,038

'V.627

1922,650

104166

160

Z600

4,898

Pieceworker*.

Males above16 yean.

Num-ber. Wages.

409

9 48017! 8,70040, 15,882

585; 968,744

$9,63025,700

158,908

54,7501,800

831

698111

16,8tO104

857,93088,100

b 6,400190 HI 184

4 1,5508 4,676

1086,441 628

50,172

4,676

Females above i15 yeari. Children.

Num-

139

"*9

Wages. Num-

$8,640 .

88,176

2,476 .

2,0006,382 18

14,696 10

104260

14,593 10100

2,960

46767 87 18,1678,890 28 12,490

224 606 791 169,141 10

Wagei

18,266

2,000

481

6,145

2.000

8,281,9791,417,1676,O0J,P62l

For the latest revised totals for New Jersey by counties, tee Table 9, commencing on page 48.


TABLE 4. —U. S. CENSUS STATISTICS OF AGRICULTURE —NEW JERSEY. —FARM ACREAGE, FARM

VALUES, ETC., IN 1890.

COUNTIES.

Atlantic ,BergenBurlington...,CamdenCape May...,Cumberland.EMSXGloucester...,Hudion. . . . . , ,Hunterdon...,MeroerMiddlesex...,Monmouth...,MorrU ,OceanPauaio ,SalemSomertetSuuexUnionWarren

Total [80,8*8

77816O93814884606

1888

m,18931841

HIM158516402680

607861

18*01774401

1696

JMJI3,H83,009 1,999,117

88,98369,680

190.H6464,94086,49175,118119,67V

118,3811,160

818,001118,11197,910

161,519138,69981,75680,503

139,078160,793191,748

18,847164,969

56.6dH.88,607

814,97261,784'47,066

1(7«87|1()7,«8|39,690187,194

1,386852,482137,858186,087,1WH.H48'S 13,67954,750.67,731'150,080174,000847,740'86,676188.54H

Ht)l,89l'1159,868,840;

87,60138,977

134,1188,794

30,676

io on I84 848

. 185•4,481114,34087,177187,43478,H80!33!H)633,!H6I37,31880,00738,31765,997

an6r7l

3,079,4809.907.UW)

14,819.9606,010,6301,113,6805,095,1706,098,8608,378,0003,148,000

13,688,8608,391,9708,1BH.6U)

17,(H)4,77«18,888,9903.B45.5408,S8(f,6709,8I0,H009.9M.6607,748,8808,348,8808,106,690

of

ii

»7,878.644 1>16,811,430 *88,997,S49

99,880856,770689.750388.410

6B.mto8H1.7H0Hft.790426,tWO

487.6H04(1.610766,14441H.1101(16.1100lll.HHO4IM10

168.770684,940

1.8HI.860471.H30141,680684,680H34.110H66.890

546.6W)110,410

986.6SO7*8.690

1,431.7SOt.OOP.WO

846.6408W9.670

1,048.6601.056,8401.171.A60

ai6,WH>907.940

466,0661.1(0,790H.618,8801.878,690

886,8001.180,170

743,6703.897,660

618,1103.809,9601,718,1101.414,6403,703,500M M , M 0

818,490608,484

1.574 8401,677,7601.746,880

6HI.WM)1.806,980

STATES CENSUS, 1890. 43

TABLE 5 — U. S. CENSUS STATISTICS OP AGRICULTURE-NEW JERSEY—OLASSIFIOATION OF FARMS,

BY ACREAGE AND TENURE.

COUNTIES.

NUMBER OF FAHMB, CLASSIFIED ACCORDINGTO AORHAGB,

WITH AVERAGE SIZE, 1890.

Total .

Atlantic IBergenBurlington ICamden •Cape MayCumberlandEE«»xGloucesterHudionHunterdonMercer.MlddloexMonmouthMorrUOceanPaisaloSalemSomerietSufiexUnionWarren , .

7781,6092.814884606

1,832699

1,898184

8 109l|&861,6492,6803,410687861

1,8208,0891,774491

1,696

84164llti438164989799808986119917848

88788889M

8,006 6,807 8,837 10,188 98 84

1192641858069121185178262221321398473689411818317568&868

326672419241141

263499

608*4I460679617203241978887147176179

167420640252116470166638&

1,06660866762066217220761968839013847ft

134 41V8 41980 17216 2'160 7836 246 2481 4

1 ..1,106 ..668 1438 9779 5800 10!167 9,195 8661 2764 2

1,831 14!64, 1964 9*

CLASSIFICATION ACCORDING TOTENURE, 1890.

OLAIS8 I.—CULTIVATED BY OWNERS.

86 22,442

6 78'2 617 186-,! 74

III

1,684 2,639 5,625 6,879 6,28164 30

6841,3511,6424905584962568

1,22167

8,2431,1221,8012,0641,9666;3732

1,066

l8i

- I -29143962725407674461788064176160871796S!

6486

Si1

103 299220 478168! g2963, l«7i63j 11795 307107' 204'14b; 8641 ;

66;61441

1011 300115! 386398 698220i 4671891 19695 204!161 306;164 2*8

130140,141

1411 108

40714179309192406

676?869448476528168174344619!mi106,8l0l

4 63 87| 6...

64091, 1:..Ki6 2 81971 1 8237

§76;;870300616679 9129 81071 8

600 l L788 9 t48 I ..449 8 1


TABLE 5—U. S. OBNSUS STATISTICS OP AGRICULTURE —NEW JERSEY— CLASSIFICATION OF FARMS, BY

ACREAGE AND TENURE—Continued.

CLASSIFICATION ACCORDING TO TENURE, 1890—Continued.

01-ABB 11 —BHNTR1> FOB P1X«1> MONEYVAMT1.

01.481 111—KBNTKIJ FOB t i l AUK OP

306 813

EnixGlouoMterHudioaHunterdonMeroerIllddtaitxMonmoitthMorrisOcean 'Piuualc :BalemBomeriet..,.,Saiiex , . . . .UolonWarron

693164ftl|168606ft,13684366144173170,161'900899631714184197190

«191»1866381858;38,

?!610*101310385

ia8094195186311317131618IB416141679313

to

ftgj 10091

8,87 184 _,_84| 19S 90114 m 94*0

133 '"m

HI 186 . „ .71 711 1m l69 148 . . . .4 18 . . . .7 18 . . . .

9SM

TABLE 6—U. S. CENSUS STATISTICS OP AGRICULTURE—NEW JEBSET—LIVE STOCK ON HANDJUNE let, 1890, AND LIVE-STOCK PRODUCTS ON FARMS IN 1889

T o t a l . . .AtlanticBBCamdenCape May...CumberlandEcaexGloucester .HudsonHunterdoD..Mercer.MiddleMonmouthMorrla.....OceanP&asaicSalemSomerset.SaUnion..Warren

7,6071,760

mi3,4771,948

100327

3,5166,1623,742

17

10,5562,448

7663,9816,493

91537

2,»45 3.369,6402,991,831

16,797,488

8,367,218

607,872138.04969,046 .

383.722 .68,241

470,2863.520.

1,171.181627,722 .31»,313606.X37 .6 4 5 m645,m .128^22.276,563 .297,936613,423 .697.362.

23,613

~4^7O

6.644;

8,650:

76;

ml

160,810

4.0M.33& 734.266

i

j"V.2001

78,5718,8127,6651,1742,0272,8765,716

11321,4806.6116,8179,897

17,6921,0756,2336,7176,976

S,38l

40

1,78114,604

6731

204

"284128188197184381066780596S

324

CTJ

O

O


TABLE 7.—U. S. CENSUS STATISTICS OP AGRICULTURE-NEW JERSEY—MISOBLLANEOUS CROPS

OP FARMS IN 1889.

COUNTIES.

Warren

Th« aggregate of ooun-ittas reporting l e uth*n 1 acre

* Thert were alto Q aoree devoted to •orghutu, ratultlng irfWl galtoni of mo

TABLE 8—U. S. CENSUS STATISTICS OP AGRICULTURE—NEW JER3BY—CEREAL PRODUCTIONIN 1889.

COUNTIES.

Tot*l ,....«„• ..„..,.„

Cape May

MercerMiddlesex ,Monmoath... , ,Morris

Salem...

Sutaex . . . . . . . . . .

BARLEY.

•<

47

f

90

11

1

8

90

544

383

16

190

. . . . . . . .!„..!....60

::::::::::

BUCKWHEAT.

1lt,53G

IS201116

Bui

heli.

U4,«96

1733J36i*S78

9> *~7«ISSO

s106

%sn«i8848

1,96959

69630

369Mg3,071

99105•32996

|16,691

sis8*5806

16,703567

9,143346

2,35835,977

18894,014

INDIAN CORN. OATS.

967,648 8,687,011

2JU3573

27,7486.5344,587

15077657

16,6571

84,78918,15813,584HU65

,»i i iai,«Mi 3,837,998

RYE.

I :e |

"^74,04963,970

103,453951,750243,150114,550491,69023,230

13,751

s"5

23,26330,55311,890

1,79322,979

936,585604 510432,784875,847457,832101.14550t226j

590^10898,7 37611877

716,907!

1,028 19,6814,426 122 764'

345| 79881636 9,969

2,219 61,318404 10,400

1,261 24,619!

S352,6-24

16,5292,826

42361296

3,773,

2.U70,33 796

156,407,28 811:

2703,7864,580

l!ll,S70 1,818,383

],1523385

89

10,663!3,9*4'

417!7,1161

1086,J*5&

3385193,06956,1881,608

117,0371,742

85,027

36,034 581,34111,665 396,1477,793 " " —3,642

11,390

7,0194,6794,763

13,5893,4342,5021,023

6,796446

1,051

61,39863,9766*,3U3

158,44333,944,18,85016,4272,339

&K06470.47116,737,

83,100

18,627 234,62711,188 181,793

6,316 103,0858!l22 153,4713,738| 41,936

2,5902,8481S1

16,83411,339

14,916

2848252)657115,77©18,606

1,210325,586

a

QOCDO


TABLE 9 — STATISTICS OF MANUFACTURES—NEW JERSEY-TOTALS BY OOU8Tm3~U. S. CENSUS, 189O *

CAPITAL.

I ' lB. l t .

OOUNTIEi.

The State , *

Atlantic * I 8'«*Bergen . 180BurlingtonOamden * »,.Oape May * .Cumberland » , «Ratn , » _Gloucester..... 106Hudron 1164Hunterdon • *49Meroer. . . , .„.„. , . . . . . , . . . . . . . , . . . , , 1000Middlesex S74MonmoiUb l!)MMorris , 149Ocean , tmPaunio , mSalem . . . I . . . . . . . . . . . . . . . . . . . « 144Som«n«t. | . . # .* 1488us«ex Its*Union. , . . . . . . | IJ0Warrtn I 1M)

716.4164HB64W

Ml .two

144 ».747,6*»6<$])[ — "-•87

SI6

Hutldlngi.

47H;hW 1 , ^ 3

,lHa,MH 0,0 70(tlH4(H)

14,0766HD.H17

itmMS7.PU.74O

itm,Mn137/JJ6

D0,7«t.^0«,O47,WI7at)»4ll4A

l.ll7?.Hft|V74(HK)

J.8IW.4W1,411,: it

trt.I4f.rtifl&64I77U.UM)

l i u a m

SM4.IO74H.&76

V 8 flOOf.8 .Of110.000Mt.flU)MHU7l

•IIIIIl.lMJiUftA4,7*7,577

ReoelrWill ezpl*in t

oo lat* for proper olaiilfitatlon nhor«. ThMti totmlt Kro Ihn rimuU r>r thuP2>Ar«st dl«or«p*n<j!«« b«ttr««u (htm *n<l tb« <Uta glrnti in th« ii

r»vlaton.


TABLE 9.—STATISTICS OF MANUFACTURES—NEW JERSEY-TOTALS BY COUNTIES—U. S. CENSUS, 1890-Continued.

CAPITAIi—Contlnued.

riant—Con-tinued.

Machinery,>tooli and

Implement!.

161,807,978

289,2801,489,2941,042,6964,698,159

72,9461,626,068

14,469,704887,33*

18,881,481597,869

4,893,6921,842,4191,538,6081,174,636

80,4449,169,901

270,90*847,16C764,887

8,290,6s1!UHO.BM

Live ai iet i .

U22,16*,279

186 1251,66916701646,4749,987,386

67,&56a,H08,098

87,015,8941,083,884

24,779,7061,040,9149,49¥,2872,644,463

9986871.879.K8J

146,54416,490,054

67f),0066H'i,361671.44C

6,278,9353,338,616

|

0

is1

$18,468,062

29,348877,189384,089

1,096,8406 632

286',7896,500,375

81,9888,403,218

127,1601,896,811

462,610136,981281,672

14,201! 2,709 09184,888

106,79396,694

754,980838,173

AVERAGE NUMBER OF EMPLOYES AND TOTAL

Aggregates .

Areragenumber.

187,898

4662,7884,952

12,884130

7,20264,4072,263

27,6181,710

16,8686,9251,4472,998

39627,7123,11211,8011,1749,4972,733

Totalwagei .

•98,778,786

171,1791,419,0461,947,7256,681,610

46 2083,036'969

81,420,1061,030,086

16,862.196H95 y75

8,600.1113,094,804

726,5621,417,568

102,46213,287,601

713,880498,413

5,876,468

WAGES.

Ofllewi, firm members and clerkt.

Malet.

Num-ber.

12,689

4317034097626

8784,388

1062,143

1701,106

80217118229

1,080186189no464308

Wagei.

»13,419,863

24,835188,841251,874894,460

12 2»t>265,124

6,162,10682,651

2,491,148100,294

1,126,641261,812128,888189,11417,268

1,269,68176,499

104,06272,879

572,928157.542

Female*.

Num-ber.

981

1

48

87244

2225

9221

11H31

78

86

2644

Wagei.

$415,266

5009,868

16.67&

7,996117,898

72489,2962,368

100,9746,00(11,1601,060

78032,7971,7651.8491,768

18,78710.660


TABLE 0.—STATISTICS OF MANUFACTURES-NEW JERSEY—TOTALS BY OOUNTIES—U. S. CENSUS, 1890~-Oontinued.

AVKIIAUK NUMHKK OF KM VU) VKS AND

TOTAL WAtlKH (Nujtluued.

it, including Hklllfd und uimklllfld.

Num.bar.

TheSute KW.4H9

Atlantic 3«BHrpen . a,(KWBurlington 'J.1MOamden • 7,587Cape May * 9*Ourabflrland I i.8»6lEaiex * . . . . , ' 97.74HOlouceuter , l.OfclHudicm * I 16.M7Huntardon i !,*»!•Meroor . . ; 10,7ftHMlddleMi I 4,«96iMonmouth * l,l«4iMorrii 1,807Ocean !Hi8Paualo 18,116Salem l.MJ,SoraerBet 1.0H7:Bustex * liWlUnion 7.4IMWarren \,m\

|bfl,M8,468

n»,W\1,637,4111

17.(W7.H754(H,H47

10,8!M.(mi4H7.MI

8.HI7.WWI.M7.O41

ft78,h«4

7.81M.IM874.H8746l,ft»t867.7H7

4,W0t7H|)H774ft«


TABL.E 9.—STATISTICS OF MANUFACTURES-NEW JERSEY—TOTALS BY COUNTIES—U. S. CENSUS, 1890-Continued.

AVERAGE NUMBER OP EMPLOYES AND TOTAL WAQES-Continued.

Operative*—Con-tinued.

Num-ber.

4,771

967042

8085

606700884618

7370163

14141

7

m81

S

Wagei.

•710,360

9,8706,697

44,127612

5IM«5,IM105,63846,6239i>603,6m66,57026,88*1,878

20,15679

,7,0128,8081467

59,43319,360

Pieceworker*.

Males.

Mum-Der.

S4.931

Wage*.

# 13,416,878

81116908

1,2114

1,21511,042

582!3,356|

1,044!

22885

488141

21181

9,62084,lut

405,166754,064]

250!H4H.486;

6WWJW8

Femnlei.

6,WW,JW8485.850

1,604,045rt 1.21)4

697,81 968,996'J2«50

14,018

128

1,105

4,609411

1.97H1

Wage*.

Ohi ldren .

Wages .

18,602,100

7^45023,687

19966H

548;

199.66H222,629

J35,9781,816,229

5.50H639,664'

17,715

10272

83114

266

4

,«50104, Klft10,320

911W,91,W|1B7.I23

8,070!108,234'114,96558,780

166

751,957

505,688

21,27281 »|

8,4 la I4921

1169,866,740! $864,678,671

265,4718,087,087

18,524,84355,853

3,170,49961,902,117

99^,085O1HH717

46J480

314

'861IB

147289

u

121,HI!89,061

eT.'uw7«Sf?S

I *85O50 66062,'455

64U

6928

82

2821

10

14.H621,481

6,725

l,'*6(l10013!$

1,(KK)

l,758,7S18.546,6418,024,87612O9W1

194,80125,708,135

1,354,272l 7 0 0 0 M

554,0686,774,8126,717,727

24,446,187186,473

7,745.680106,844,732

2,601,84179,100,7862,956,637

27,451,1496,662,0252,484,5165,421,349

1 , ,6.V68.0693,681,168

, 9 ,2,871,0452,891,9882,156,661

14,889,777

PART II.

Social Developmentand the

punctions of 3 u r e a u s °f Labor Stat*st*cs

(53)

PART II.

Social Development and the Functions ofBureaus of Labor Statistics.

The constantly increasing power in the production of thenecessaries and conveniences of life during the past century hasbeen so prodigious, that the problem of the abolition of povertyis forcing itself upon us as one demanding a practical solution.The evidence of thin is seen in the ever-increasing number ofpeople, both as individuals and as organized societies, that arebeing brought into operations to hasten its realization.

Innumerable have been the attempts made in the different agesof the world to improve the physical and mental position of man,and to elevate his moral condition. Each age has given itstribute of devotion to this general subject. Each century hascontributed its quota of fervent self-sacrifice to the cause, whichnumbers plebeians and patricians, kings and nations among itsmartyrs. One experiment succeeds another; never does humanityremain inactive. It advances through struggles, wars and revolu-tions toward its future destiny, which is doubtless the slow butfinal organization of industry upon a scientific basis, and theultimate establishment of order and harmony in our social rela-tions, wherein discord and disorder now prevail.

The history of political economy is in reality but a summingup of the various experiments which have been made by civilizednations to improve the conditions of their people. And thosewho study the subject with assiduity will find that Athens, "Romeand Carthage each contained their army of paupers, causing asmuch concern to the rulers, and giving rise to questions equallyperplexing in the domain of political science, as the moderncities of Paris, Berlin, London, New York and others in theUnited States are now experiencing.

(55)

56 STATISTICS OF LABOR AND INDUSTRIES,

The idea is somewhat general that the science of politicaleconomy is of recent origin, that the Physioerates or Adam Smithwere its originators. In fact, Adam Smith is often spoken of asthe " father" of political economy. But the institutions ofAthens and Sparta are quite familiar to us, as is also the magnifi-cent administrative work of the Romans. In both these peoplesof antiquity we may find the origin of nearly all the institutionsof modern government. In the laws of Lycurgus there were in-corporated more of the aspirations of modern society than peoplegenerally are inclined to believe. Partisan spirit ran as high atRome during the prescription of Sylla, the quarrels of plebeiansand patricians were as venomous as during the Reign of Terror.

If we compare the withdrawal of the Roman people to theBacred hill when the land monopoly was the burning question inRome, and which sealed the fate of the Gracchi, with the insur-rections and turmoil raised by the working people in variouscountries in recent times, the resemblance is very similar.

We may say that two thousand years were occupied in fearlessattempts to solve the question of freeing mankind from indus-trial slavery and the incubus of pauperism on a very extensivescale, by the most civilized and ingenious people of antiquity.History has preserved to us the results of such experiments madeby the Greeks and Romans. And it is not too much to say thatmodern methods of dealing with the same problems arc nothingmore than a repetition of the same experiments, often withoutthe same necessity and with no more ability. Those who cannotsee this fact fail to grasp the lessons of history and to comprehendthat it is but the story of man's progress and development. It istrue the ancients left no works summing up in book formtheir economic science. Their economic systems must bo seenin their institutions, deciphered from their monuments, compre-hended from the remnants of their handicrafts and read in theirjurisprudence. The care with which the Romans maintainedtheir aqueducts and highways shows how fully they compre-hended the primary and most important necessities of civiliza-tion. The maintenance of open communication from Rome toYork by an ever-ready relay of horses, shows a higher developmentof the organization of exchange and intercommunication, rela-tively to the forces at their command, than can be shown by many

SOCIAL DEVELOPMENT AND FUNCTIONS OF BUREAUS. 57

modern nations with Bteam at their service and with volumes ofpolitical economy. The subdivision of labor was not only knownbut highly organized. The rich Romans had slaves to work forthem. The free workmen, organized in trades unions, per-formed the public work for the government, such as its temples,aqueducts, baths, Ac, worka which to-day remain unrivaled. Itwas by the aid of the trades unions that the government organ-ized the administrative service and its distribution of militaryforces and developed its architectural splendor. As the re-public extended her conquests she increased her revenues andexpenditures with her domains and armies. The taxes were col-lected, part in money and part in kind, from the farmers of thepublic domain. Hence to collect taxes and feed armies becamepart of the work and function of the trades unions, of butchers,pork-butchers and various other trades, as is attested by the lawsrelating to those trades. It is therefore evident that if knowl-edge of the political economy of the Romans is not to be found inbooks, it may be discovered by the aid of their jurisprudence;in the labors of legions of marvelous workmen, who left theirwonderful handicraft in Gaul, Spain, England, Germany, Asia-Minor, Syria, Egypt and northern Africa—in fact, in the wholeof the then known universe we may discover her politicaleconomy in her monuments*

Rome, Athens and Sparta had their political economy, as Eng-land, France aud the United States have theirs; burdensome taxa-tion, usury, bankruptcy, revenue frauds, public stealings, crime,insufficient wages, drunkenness, pauperism and prostitutionalllicted old communities as well as new; and to eliminate thesecauses of excitement and insurrection, the ancients were asanxious and made as many efforts as we ourselves.

We find abundant proof in history of the anxiety and fear ofthe economists when confronted by these questions. The Athen-ians feared to take or publish a census of their slaves, lest theyshould know their own numbers, and thereby be encouraged torevolt. The insurrection of slaves under Spartacus made theeconomists of Rome tremble for the security of the state. If thehistorians who wrote at that period did not record their anxietyand fear, it is because at Rome they dared not speak of thatgangrene which was slowly preparing the dissolution of the

£8 STATISTICS OF LABOR AND INDUSTRIES.

republic, and for which its greatest and best citizens felt shameand remorse. Similar was the incident of the individual who,during the recent financial panic in the Stock Kixchauge in NewYork, having the boldness to call in question the stability ofsome of our financial institutions there, was assaulted and con-demned by his fellow-meinbers, for fear that the whole wouldtumble into bankruptcy.

When subsistence became scarce and the populace becameclamorous, the custom among the rulers in ancient times was todistribute food to the inhabitants of the cities. In England theestablishment of workhouses and parish relief of paupers sug-gests identical action. Wherein do the purposes of the twosystems differ? .In Germany there are establishments for menout of work, as well as for paupers. In France the institutionsof public charity are supplemented by the refuge for homelessworkingmen. Were not we imitating ancient Homo during therecent industrial crisis, by the free distribution of soup and othersupplies to the unemployed in nearly every industrial centre?

The recurrence of these social phenomena with such regularpertinacity, and the acknowledged incapacity of modern states-manship to deal successfully with them, suggest the query,What have we learned during the past 2,000 years in the scienceof government?

The possibility of material wealth now within our grasp ia farbeyond the highest conception of the ancionts; but with it nilwe are still perplexed by the fact that the great majority of thepeople is yet poor; and the tendency of our industrial operationsseems to be in the direction of making them poorer. With themultiplication of labor-saving appliances, the masses not onlycontinue poor but continue slaves to incessant toil. Wealthaccumulates in the hands of a few, while the many are doomed todependence and poverty. Laws to suppress vagrancy disgracethe statute-books of every country in the world, while trampsare everywhere increasing in numbers. The method of dealingwith the unemployed poor may not bo so brutal as formerly, butthe fact remains that their numbers have not been diminished.Probably the persistence of these economic facts has made popu-lar the phrase, " history repeats itself/' and why it ia that the

SOCIAL DEVELOPMENT AND FUNCTIONS OP BUREAUS. 59

oft-repeated prophecy, " the poor ye have with you always/' isso often quoted with complacency in high places.

All governments in the past have had to deal with this ques-tion of securing subsistence to the unemployed laborers, and theeconomists would mistake their vocation did they fail to recog-nize that the experiment of obligatory industrial insurance asinstituted by Germany and Austria within the present decade,as well as the adoption by railroad corporations and largeemployers of labor of various schemes for insuring workmen, arebut other attempts to deal with this ever-recurring problem*And should our economists fail to study their operation andresults, and to draw correct conclusions therefrom, we shall findthat all such efforts, now beitig brought into use, will prove asimpotent to deal successfully with the difficulties that confrontus, as were those used in antiquity to the discomfiture of theancients. There is but little of real importance known in econ-omics to-day that escaped their observation. Aristotle saw clearlythe transition from barter to purchase, and we have no betterdefinition of the function and use of money to-day than thatwhich he has given in the first book of his Economics andPolitics. The most complicated phenomena of the division oflabor were investigated by them. In the second book of Plato's" Republic "—an analysis of which the moat learned disciple ofAdam Smith might well feel proud of, and which, twenty-twocenturies after its writing, made the glory and fortune of AdamSmith—the ancient philosopher says plainly : " If in our thoughtswe conceive a state, our first impulse would be to supply ourmoflt urgent wants. Is not the greatest of our wants that uponwhich our life depends, food ? The second want, that of shelter ;the third, that of raiment? And how can a state furnish thesewants ? Would it not be necessary that one should be a culti-vator ; another, architect; another, weaver; another, shoemaker,etc. ? Shall each one do fer all the others that for which he isbest fitted ? or shall each prepare his own food, weave his owngarments, build his own house, etc.? I think the first waywould be the best. I reflect that we are not all born with thesame talents: that one has more aptitude to do one thing, andanother to do another thing." We may see by this passage thatPlato does more than show the advantage of the division of

60 STATISTICS OF LABOR AND INMJBTRIKB.

labor; he also indicates the variety of aptitude, which entails inits consequences the idea of attractive industry, to which moderneconomists have as yet accorded but little consideration.

It is observed that the attempts mado by tho governments ofEome and Athens cannot be considered m the resultn of aneconomic system inspired by philosophy, or conceived accordingto scientific premises. The Romans and (Irooks stigmatised thoindustries and despised labor as beneath the dignity of free men.They looked upon slavery as a natural and necoBsary institution,and upon work as intensely degrading, Their civic institutionswere founded upon this principle. There ia no truth in tho state-ment that Athens was governed by a democracy ; it was governedby an oligarchy of slaveholders. There wore many more slavesthan free men. Notwithstanding tho writings of their philoso-phers, slavery appeared on every page of their history to refutetheir claims to freedom and civilization. Nor ia it impossible tofind equally pernicious contradictions in modern timo». Spartahad her Helots, as Rome her slaves, M the feudal ugeH had theirserfs, as we had our slaves in the South, and to-day have wagedependents who are largely restrained from tho exorcise of theirliberty for fear of losing employment.

The distinction between tho present status ami that of thepast is the fact that the present order is based upon tho employ-ment of credit and the freedom of labor, to neither of which theancients made any pretensions. Tho introduction ot theso twofactors indicate the change from more instinct to that of roller-tion. The state controlled by instinct is tho past of every civiliza-tion. It largely dominates tho present, and may bo summarizedby the term, military civilization, or government by force. ForBay what we may about a government of tho people and for thopeople, it must be confessed that without forcu or legal penaltiesthere is not a government in tho world to day where the peoplewould voluntarily pay sufficient taxes for its support. The mostcogent reason urged by tho opposition to an income tux has been,that those whom it aftects perjure themselves to escape payment,

A comparison of the number of physical forces brought undercontrol, and the sum total of tho utilities obtained by their em-ployment, ia the beat standard by which to determine the relativedegree of civilization to which a people has attained. Between


two epochs, or nations claiming to be civilized, the one employ-ing the greatest number of these forces, aud using them to thegreatest advantage, would, undoubtedly, be recognized as thesuperior one. Applying this rule, we discover the advantageswe possess over the ancients in the production of wealth and thepossibilities of a higher degree of civilization. So far aB weknow, the ancients employed but three of these forces—muscularpower, the power of the wind and the power of gravitation.

During what is termed the Middle Ages, two additional forceswere employed—the expansive properties of gas, and terrestrialmagnetism. To these we owe the mariners' compass and gun-powder, the influence of which upon the development of man-kind has been incalculable. During the present century, twoadditional forces have been practically employed, steam andelectricity, by means of which a degree of material progress hasbeen achieved which could hardly have been dreamed of a fewcenturies ago. Since glass has been made into the lens and thewindow pane, and the invention of movable type and the print-ing press, everything has changed around us; the ideas, reflec-tions and aspirations of men are no longer the same. We knowand make use of immense quantities of raw materials, and evenarticles of food, which were unknown to our ancestors. Of themodern idea of machinery, they had no conception. Cotton, iron,coal, wines, the potato, tea, the beet and sugar cane have becomewith us inexhaustible sources of commerce and wealth; theyulono furnish labor and food to millions of men, cargoes to thou-sands of vessels, and freight to railroads. The idea that domi-nated the ancients was conquest, and by conquest they institutedslavery and lived by the labor of others, while the dominant ideaof the present is commerce and industries; that ie, to live by ourown labor. The distinctive characteristic of the civilization ofantiquity is slavery. The irresistible tendency of modern civil-ization is toward liberty. The Greeks and Romans claimed tobe civilized, but really oppressed humanity under deceptive ap-pearances. They had no conception of many of the things thatare now considered as indispensable to human existence. Theyhad no windows in their houses; they were without underlinen;of the art of printing they were ignorant; hence, neither knowl-


edge nor comfort was possibly within the reach of that largobody of society composed of either slaves or free laborers.

Another marked tendency in modern society, both in thoughtand in action, is to care less tor generalization, afl conveyed bythe term Natioual, and to give more attention to specialization,as understood by the word Individual. As national convoya thuidea of aggregates, so individual conveys the idea of unit. Andthe broader, more humane conception of the real wealth of anation is coming to depend more upon the limit of wealth pos-sessed by the individual, rather than upon the amount formingthe aggregate or total wealth of the country. Adam Smith, thegreat authority in political economy, called his fundamentalwork the " Wealth of Nations," At that period and until veryrecently, economists occupied themselves with the total produc-tion, exportation, importations and exchanges of nations.To-day, the tendency is to inquire into the wealth of the units otttie nation, to see if each individual has his primary wants satis-fied. There is a disinclination to measure the wealth o! a coun-try by the total sum of its productions and exchanges, butinclination toward measuring its riches by the number ot indi-viduals who enjoy abundance, in comparison with the numberwho are depressed by poverty. This change in the point ofobservation by students of social problems requires, that beforedetermining the wealth of a country, a door-to-door canvass shallbe made, to inquire whether each of the inhabitants is in JIOHHOR-

sion of the ordinary necessaries of life, whether each child isproperly fed and clothed, and if the morrow's mwil in forth-coming.

The labor of the economist in the future will bo directed to astudy of the needs of each individual, who composes the nation,and the best means of satisfying his wants. Heretofore theyhave been content to study wide aggregates, largo HUHIM, greatresults; now, attention is directed to the individual, the unite, ofwhich the totals are composed. It is the application of thatthought, formerly applied to " nonaentient things," which atpresent is applied to "sentient" man. It is the growth of thosentiment of humanity.

Charles Booth, the statistician of London, Kngland, has indi-cated by his patient and persevering work the present trend of


the economist. He gives as the result of his door-to-door visita-tions in the East End and southeast of London, that of the fivemillions of inhabitants of that modern Babylon, one million anda-half, more than a quarter of the total population, do not earnmore than 18 English shillings per week for the family, and thatduring two, three and four months of the year short time andwant of employment reduce this amount very materially; andthis in the richest city of the world. Another evidence in thesame direction was the count made recently by the authoritiesin New York city to ascertain the number of unemployed. TheUniversity settlements, which are so rapidly increasing in themidst of the most densely populated portions of our own largecities, are giving facilities for observation and study in the samedirection; and the great attention which has beon paid to thecondition of the slums in all the overcrowded districts, both inEurope and in our own country, presents further proof of thetendency of economists to shift their point of observation. Therule has been to recognize only the wealth of nations ; atpresent, we are beginning to recognize the poverty existing as aproblem to be considered. While Adam Smith saw only thepower and influence which her ever-increasing exports andimports gave to the British nation, his disciples see the weaknessand danger that lies in the fact that a vast army of her laborersis without work or food and homeless, and that 40,000 childrenin its great metropolis go daily hungry to school.

Thoro IB a demand for more specific information concerningthe HVOH ol the masses of tho people. It is observed that theufltinmtod general wealth of a country is no criterion to judge theconditions under which a majority of its citizens live. Statisticsthat relate only to the general increase of wealth, without deter-mining tho amounts shared by each individual, are of little itn-portaneo in tho study of social conditions. For look where wemay, extreme poverty is greatest in communities where thegreatest amount of wealth iB centered.

Thia iact of ineravmig poverty side by side with increasingwealth indicates the true mission of the teachers ot the scienceof social anil political economy, which is to show how the greatestnumber can be brought to enjoy the benefits of our present civil-ization, that by the application of scientific discoveries and ever-

64 STATISTICS OF LABOR AND INDUSTKIKS.

increasing industrial progress so far surpass all previous periodsin the world's history as to allow of no possible comparison withthe past.

The terms Capital, Rent, Division of Labor, Hanks, Balanceof Trade, Commercial Treaties, Association, Cooperation, &c,in reality have no significance if they do not tend toward the in-crease of knowledge and happiness of the individual, whichalone can secure to the state prosperity and peace. Tho insuffi-ciency of the generally accepted theories of societury organiza-tion, and the need of more accurate knowledge concerning thenatural laws that underlie our social arrangement, is quite ap-parent to all who give the matter any attention. Lot anywho care to try the experiment, ask the first ten or fifty menthey meet, irrespective of conditions in life, and note the aimwersto queries concerning any one of the dominant questions of theday—money, tariff, cause of hard times, want of employment,&c,—and they will be astonished to find how few there are whoeven claim to have made any study of causes at all. Tho con.fusion of ideas is even greater among the so-called educatedclasses than anywhere else. The fact is that we find men inpublic life who have been taught in the same school, graduate*from the same colleges, and studied tho same books, acting indirect opposition to each other in all matters of public policy,and each justifying his actions by what is called Bound principlesof political economy. About the only matter of agreementseems to be that it is the right of each individual to adopt what-ever, in his own judgment, may seem to contribute tuoHt to hinown interests, without any responsibility for its effect upon thecollective well-being, which is theoretical anarchy, pure uiuisimple. And as a result we see practices justified publicly that,as individuals, the great body of society condemns.

This, we believe, would be remedied if the study of oconomioscience were confined to ascertained facts, instead of mero opin-ions of the writers upon the subject. To illustrate : Why shouldstatesmen differ about the effects of a tariff? If it promotes theinterests of the greatest number, it ought to be demonstrable bysome principle of political science. This controversy ha« beengoing on since the beginning of the government, and while thebasis of conflicting opinions remains substantially the same, ap-


parently the problem is no nearer a solution now than at thebeginning. On one side of the controversy it is contended that,owing to the fact that wages paid to labor are higher in thiscountry than in Europe, without the protection given by dutieson imports, wages and the general conditions of the workmen inthis country would decline to the level of foreign countries.On the other side, the opponents of a tarifl argue that the effectsof a tarift are to restrict the employment of labor, and conse-quently is injurious. On one side it is said that the higher wagesand better social conditions prevailing here tend to enhance thecost of production, while on the other side it is asserted, withequal vehemence, that the higher wages paid here have a directlyopposite effect—that the stimulus of high wages is to increasethe efficiency of labor in an ever-increasing ratio. For more thana hundred years this talk has been going on. Our representa-tives in Congress have spent months of their time yearly debat-ing this question at the expense of the people. Great politicalparties have taken sides in the controversy; campaign orators,writers and newspapers have filled the country with literature onthe subject; at times when changes in the rates were threatened,industry has been paralyzed, and hundreds of thousands of work-men thrown out of employment, on the pretext that the intendedlegislation would be ruinous; while apparently during all theseyoars of controversy it has never occurred to our statesmen thatthu poiutH at issue between them were susceptible of demonstra-tion i>y moans of statistics. But, except the meagre data obtainedby the Aldrieh Committee, in 1890, through the medium of theNational liuroau of Labor, no attempt has been made to officiallyascertain the relative cost of production by reason of the differ-ing mim of wages. The same observation applies with equalforce to the recurrence of panics, the unemployed, the centrali-zation of wealth, the growth and power of monopolies; all theseare matters of vital interest to the whole people, yet, the causesthat produce them have not been made a matter of concerted in-vestigation. In evory-day business tho same confusion exists;wo hoar of supply and demand, of over-production, of under-consumption, the extravagance of the poor, fluctuations in theprices of emnmoditiefc and in wages. Any oue of these pre-tendod causes may be assumed by those interested in accounting

5


for social and industrial delects, with about equal propriety, BOfar as any scientific explanation of them is concerned. And theassertion is not infrequent, that production, consumption andexchange are mere matters of lottery.

When we consider that the organization of industry is sub-stantially the a&me in all of the leading commercial countries iuthe world, there ought not to be any great difficulty in determin-ing the relative cost of production in units, if undertaken bygovernment authority under the supervision of competent men.The United States government, by a census every ten years, ap-proximately shows the aggregate yearly increase of wealth inthe country. The necessity of knowing how it is distributed isquite as important. Without this no just estimate can bo madeof the practical working of our societary organization. It hmbeen computed that 31,000 individuals possess f 86,000,000,000of the total $62,000,000,000 of the aggregate wealth, as shown bythe last census report. Whether this is true or false, there are atpresent no means of determining, but the fact, that such a state-ment can go uneontradieted, is a just cause of alarm to all whodesire to see government by the people perpetuated.

To the thoughtful mind the acknowledgment of an overpro-duction is susceptible of but one explanation, which is, that it isan evidence of mental stupidity on the phrt of those who are re-sponsible for it, as well as an economic waste to society thatpermits it.

Within the past year we have experienced another greatfinancial crisis, extending through all the great commercial coun-tries of the world, in defiance of all the theories upon which ourcommercial activities are based. The effect of this has been toprostrate industry, bring distress to millions of people who havebeen thrown out of employment, and bankruptcy to thousands whohave spent a lifetime in pursuits that are everywhere recognizedas legitimate and beneficial to society at large. Had an epidemicof cholera visited the country the public would have immediatelydemanded the enforcement of sanitary regulations to stampit out, nor would there have been any differences of opinionamong our learned sanitarians as to what should bo done. Yetin remedies for relief from the distress caused by the panic, ourstatesmen appear as impotent as though there were no such thing


as organized industry. The President of the United States im-puted the cause to the silver purchasing act; but that act has beenvoid for months and the good predicted to come from its repealhas not appeared. Although at the last general election thepeople by a very large majority decided in favor of a reductionin the tariff rates, it is now contended by a large number ofrepresentatives, that the mere proposition to carry out this ex-pressed demand has destroyed the confidence of the people inthe future.

Much more might be said in proof of the need for a betterunderstanding of the laws that underly our social organization.And while admitting that political economy may not be reducedto a positive science by which we can determine with mathe-matical precision the effects of the laws it treats of, it is con-tended that by an analysis of the elements that contribute to thecreation of wealth we may determine, at least approximately,their relation to each other and define the laws that controlproduction, exchange and consumption. When these areunderstood a scientific solution of the problem of the distributionof wealth is possible.

There is no doubt about the capacity of our productive forcesto supply every demand for all the necessaries of a comfortablesubsistence for every man, woman and child in the country. Theproblem that has perplexed statesmen for the past generation isnot that of production, but of consumption, or, how to find amarket that will consume sufficient to keep our productive forcesin activity. Poverty, the distress from the want of employmentnow existing, is not caused by there not being enough food,clothing and houses to meet the demand; on the contrary, it iseverywhere alleged that the hard times are due to an over-abundance of these things. It is the acknowledged right ofevery man to have an opportunity to earn a living; yet there aremillions of men in enforced idleness, who are willing and anxiousto have work to do, but owing to some undefined cause theyare deprived of this right to work. The fundamental principle-underlying our government, and which shapes our politicalinstitutions, is the declaration, " that all men are created equal;.that they are endowed by their Creator with certain unalienablerights; that among these t re life, liberty and the pursuit of


happiness;" and "that to secure these rights governments areinstituted among nieu."

The preamble to the constitution of the United States note forththat its purpose is "to f >rm a more perfect union, establishjustice, insure domestic tranquillity, provide for the commondefence, promote the general weffire," etc. Article I, section 1,in the constitution of the State of New Jersey, contains thefollowing: "All men are by nature free and independent, andhave certain rights, among which are those of enjoying anddefending life anl liberty; acquiring, possessing and protectingproperty, and of pursuing and obtaining safety and happiness."These declarations constitute the basis of our political organiza-tion. Oar political institutions are founded upm the equalrights of all men. Politically, "an injury to one is the concernof all; " but in our Bocial and industrial organization it is quitedifferent. If one citizen is defrauded of his political rights byanother, or by a foreign power, the whole of the moral and, ifneed be, the military forces of the government are brought intoaction to redress the wrong. But the fact that a million of menare defrauded of the right to obtain a living does not concernthose who have abundance. Our political institutions arealtruistic, our social arrangements are founded on egoism.Politically, our ideal is the greatest go*xl to the greatest number.Socially, we are divided into a mass of warring atoms. Ourpolitical institutions are founded upon principles embodied inthe constitution and laws of the country, defining tho rights andduties of the citizen and made obligatory uj>>n all rnon; whilein our social and industrial organization these are loft to thecaprices of the individual, without any comprehensive ByHternthat insures order and harmony in the varied interests incidentto our activities. Hence, we have class arrayed against class,those engaged in one kind of industry combined against thoso ofanother; while there are numerous organizations purporting tobe formed for the only purpose of protecting their member** fromibeing spoliated by reason of their individual helplessness.

These considerations indicate the true purpose of a laborbureau, which is to study society, the relation of tho individualmembers that compose it to each other, and give in detail what*ever deductions the facts justify. Labor bureaus had their origin


in the aggressive labor movement just subsequent to the CivilWar. The demand for their institution was first formulated byWilliam II. Sylvis, at the session of the National Labor Congressheld in Chicago in 1868, at which time a formal declaration ofprinciples or platform was adopted. He remarked that " wemay formulate declarations, but they amount to no more than thedeclarations of other bodies of men, nothing more than ouropinions. Facts are what we want; we want to base our de-mands on well-defined data, and until these,are obtainable noundisputable demands can be made. That labor is the most im-portant of all material interests, that upon it all other interestshinged, and that, if there is any virtue in giving to any interest aseparate and distinct department of government to protect andnourish it—and there certainly is—labor is the interest of allothers entitled to that consideration." The demand for theestablishment of a bureau was unanimously made a part of theplatform. That was the beginning, since which thirty-two Statesbesides the National government, and six of the principal gov-ernments of Europe, have instituted bureaus of labor statistics.And while they have not received all the financial assistance fromlegislators their importance justifies, they have very materiallyinfluenced the discussion of social problems, proving the wisdomof Sir Thomas Brassey's saying, in 1885, that " good statistics oflabor were the basis of all social reform."

The objects of a labor bureau are purely scientific; its pur-pose is to make a sociological investigation with a view notmerely to make au exposition of the present state of society, butto aid society in its upward progress.

The work of a labor bureau is essentially sociological; there-fore it differs from that of all other departments of government.Its purpose is not the mere acquisition of knowledge, for sociol-ogy has for its object the good of the people. It is the businessof a labor bureau to study society and explain the laws that un-derly and govern social movements. It assumes that socialmovements are subject to general laws, and therefore, whenunderstood, a solution of all questions afiecting the general wel-fare is possible by scientific processes.

P A R T III.

Free Public Employment

Offices.

(71)

P A R T III.

Free Public Employment Offices.

At the ninth national convention of the officers of the IT. 8.Bureaus of Labor Statistics, held at Denver, Colorado, May 24-28, 1892, it was unanimously resolved that " the Commissionersof Labor of the different States recommend to the Legislaturesof their different States the consideration of the advisability ofcreating free public employment offices, under State control andsupervision."

This recommendation was the result of an earnest discussionof the evils of private employment agencies, which have beenextensively established in all our large centres of industries, andagainst which legislation has been directed apparently withouteffect. The " intelligence-office " system had been investigatedby bureau officials in a number of States, where their operationshad been especially mischievous. Mr. J. R, Sovereign, the Chiefof the Iowa Bureau, summed up the indictment against them inthe following words :

" Some of the practices of private employment agencies are very inimical tothe interests of the laboring people; they invariably receive applications foremployment and advance fees far in excess of their ability to supply situa-tions ; the advance fee of a poor, needy applicant is received with as muchpleasure when the chances of securing a position are a thousand to one against;the applicant as under any other circumstances ; they nearly always advertisefor ten times as many laborers as are needed. They advertise for laborers andmechanics to go to the State of Washington or some other remote part of thecountry, under the vague promise that steady employment and good wageswill be secured. In addition to the usual registration fee, the applicants mustbuy railroad tickets, out of which the agencies receive additional commissions;it makes no difference whether there is any employment for them at the pointof their destination or not; the railroads get their pay, the agencies get theirfees, and employers get a surplus of laborers, in consequence of which wagesdecline, many are unemployed, and thus trampism is superinduced through nofault of those honestly seeking employment.'1

(73)


It wa8 asserted, with much force, that the laboring man out ofemployment could receive no benefit from private employmentagencies, however well they might bo managed, unless he hasmoney to pay for it. The laboring man who needs a .situationmost is the man without a dollar. He must sell his labor, starveor go to jail. Nothing is a greater strain on the morals of alaboring man than to be out of employment and money at thesame time. It is the first duty of government to make it easyfor people to do right, and hard lor them to do wrong.*

The plea in behalf of public employment agencies was all themore favorably received by the representatives of the Bureaus ofLabor Statistics, because they were no new idea or untried experi-ment even in this country. Free public employment oflices hadbeen established in Ohio under the act of April 28th, 181)0, in thecities of Cincinnati, Cleveland, Columbus, Dayton and Toledo,under the general supervision of the Commissioner of the Bureauof Labor Statistics, and found very beneficial both to employerand employe. They are intended to aid those seeking help oremployment all over the State, without expense to the applicants.The respective municipalities pay for the salaries of those manag-ing the several local employment agencies.

The act is an amendment of the law creating the ofHce of theCommissioner of the Bureau of Labor Statistics, and is as fol-lows :

Said commissioner is hereby authorized and directed, immediately after thepassage of this act, to organize and establish in ali cities of the first CIRHF,and cities of the first and second grade of the second clasa in the Bute of Ohio,a free public employment office, and siall appoint one superintendent for eachof said oflices to discharge the duties hereinafter set forth. Haid superinten-dents shall cause to be posted in front of their said offices, on a sign-board or ina suitable place on the building where ouch offices are located, the words" free public employment office.1'

It shall be the duty of such superintendent to receive aii applications for]abor of those desiring employment and those desiring to employ labor, andrecord their names in a book kept for that purpose, designating opposite thename of each applicant, the character of employment or labor desired, and theaddress of such applicant. Each of said superintendents shall be providedwith such clerical assistance as in the judgment of the commissioner may ap-pear necessary for properly conducting the duties of their several offices. No

*Mr. Sovereign, Ninth National Convention of Labor Bureau Officials,

FREE PUBLIC EMPLOYMENT OFFICES. 75

compensation or fee shall, directly or indirectly, be charged to or received fromany person or persons seeking employment or any person or persons desiringto employ labor through any of said offices.

Said superintendents shall make a weekly report, on Thursday of each week,to said commissioner of all persona desiring to employ labor and the classthereof, and all persons applying for employment through their respectiveoffices, and the character of employment desired by each applicant; also of allpersons securing employment through their respective offices and the characterthereof, and a semi-annual report of the expense of maintaining such offices.Said commissioner shall cause to be printed a weekly list of all applicants andthe character of employment desired by them, and of those desiring to em-ploy labor and the class thereof, received by him from the respective officesaforesaid, and cause a true copy of such list on Monday of each week to bemailed to the superintendent of each of said offices in the state, which said listby the superintendent shall be posted immediately on receipt thereof in a con-spicuous place in his office, subject to the inspection of all persons desiringemployment. Raid superintendents shall perform such other duties in thecollection of labor statistics as said commissioner shall determine. Any super-intendent or clerk, as herein provided, who, directly or indirectly, charges orrecives any compensation from any person whomsoever in securing employ-ment or labor for any other person or persons m provided in this act shall bedeemed guilty of a misdemeanor, and be fined in any sum not exceeding fiftydollars, and imprisoned in the county jail or workhouse not exceeding thirtydays.

The superintendent of each of said offices shall receive a salary, to be fixedby the council of the city, payable monthly. The clerk or clerks required inany of such offices shall receive a salary of not more than fifty dollars permonth; provided, the compensation of such superintendents and clerks soappointed shall be paid out of the city treasury in which such free public em-ployment office may be located.

Its prime features provide, first, for the collection of statisticaldata relating to the industrial interests of the State; second, toassist employers to secure employes; third, to furnish working-men and women, when out of employment, free and reliable in-formation as to the kind and character of employment to be had.

By carrying out of the objects of the law, observed the OhioCommissioner of Labor Statistics in his 1890 report, the entireState will be benefited, and the government certainly cannotundertake a more charitable or honorable and praiseworthy actthan that of securing employment for her willing yet needy citi-zen laborer. And in his succeeding report, 1891, the Commis-sioner views with considerable satisfaction the result of the workof these offices, which, from the time their doors were first thrownopen to the public, have been of such pronounced beneficial char-


acter to their patrons. From January 1st, 1891, to January let,1892, the first complete year in operation, the total number ofpersons wanting situations was 34,371, of whom 21,457 weremales and 12,914 females. The total number of employee wantedby employers was 23,208, of which number 9,695 were males and13,513 females. The total number of persons who secured em-ployment through the offices was 15,525, or 6,967 males and 8,558females. The total " help wanted" was 67.52 per cent, of"situations wanted/' For the entire time that the five officeswere in operation, June 26th, 1890, to January 1st, 1892, fourout of every nine applying for work received it, and for everyfour vacancies there were fire applicants ready to fill them.

The " Ohio experiment," however, is not an original idea, buthas been in successful operation in France fora number of years,An account of the various classes of institutions existing in thatcountry for obtaining work people ior employers and employ-ment for work people was published early in 1893 in & office duTravail, a periodical issued under the auspices of the Ministry ofCommerce, Industry and the Colonies. A synopsis of this paperis given in the report on "Agencies and Methods for Dealingwith the Unemployed/' an inquiry undertaken by the LaborDepartment of the Board of Trade, and laid before the House ofCommons, England, on April 28th, 1893. This report has beenissued in pamphlot form, and comprises a mine of valuable in-formation, generally, as to the efforts made in various ways, cur-rent and historical, to deal with distress and other evils resultingfrom want of work.*

Of the French agencies, those similar to the Ohio State em-ployment offices are the labor exchanges (bourses du travail) man-aged by trade syndicates, and the free municipal registry offices.The idea of a real exchange for workpeople was first mooted in1848, but did not materialize until 1887, when the MunicipalCouncil of Paris decided to establish a central labor exchange,where any of the working classes u should have premises andoffices to which everyone may comu without fear of having to-sacrifice more time or money than he can uftord. The free andpermanent use of the meeting-rooms will enable workers to dis-

*Eyre and Spottlswood*, East Harding Street, London.

FREE PUBLIC EMPLOYMENT OFFICES. 77

cuss more fully and accurately the numerous questions whichinterest their trade or affect their wages. They will have fortheir guidance and instruction all means of information and cor-respondence, the resources furnished by statistics, a library withbooks on economy, industry and commerce, and the course ofproduction in every industry, not only in France, but in thewhole world."* The example of Paris has been followed byseveral municipal towns, and labor exchanges are multiplyingfrom year to year. The " General Council of the Paris LaborExchange," however, was dissolved towards the middle of1893, owing to the refusal of certain trades unions attached tothe exchange to comply with the law of 1884, regulating theright of organization of these unions. A statement has beenpublished u showing the number of applications registered andthe number of persons for whom permanent or temporary em-ployment was obtained during the year 1891 by the trades syn-dicates belonging to the Paris Labor Exchange"; from which itappears that 37,142 applications were registered, of these, 29,429were placed permanently and 2,814 temporarily.

The exchange had a central hall, holding 3,000 people, andlarge rooms in wThich workers on strike could meet, committeerooms where syndicates deliberated, offices to transact businessand a library with books of reference and many newspapers.About 270 associations were privileged to use the building,which, however, as stated, at present is closed.

The most important free municipal registry offices are those inParis; those outside the Department of the Seine, with theexception of that at Bordeaux, being comparatively unimportant.They are established in the various districts of PariB (Arrondisse-ment) and supported by a subsidy from the municipal council,being generally managed by two officials, who receive a smallsalary and are under exclusive official supervision of a Committeeof Control. Registration of applications for work takes place onpresentation of a document stating the address, together withcertificates, work-books and references of candidates. In addi-tion, for the greater convenience of employers, a desk is put intho waiting-room on which are placed printed forms to be filled

* Report of Labor Commission, 1886.


out by those seeking help and put in'a box opened every even-ing. After the closing of the office, those applying for work, inthe order registered, are notified by letters, which eeive as intro-duction to employers who have called for workmen.

PART IV.

Woman's Work and Wages

(79)

PART IV.

Woman's Work and Wages.

Our industrial development, from the domestic to the factorysystem, has been accompanied by marked changes in the socialrelations and in the means of family support. Before its advent,manufacturing was a domestic industry carried on principally inthe homes of craftsmen, assisted by the various members of thefamily. But with the application of machinery the old-timemethods became obsolete and artisans were forced to seekemployment in factories and shops, owned and managed bycapitalists. In the nature of things, this has made it impossiblefor the other members of the family to aid in providing for thefamily needs, without following the husband or father to thefactory for wages.

Notwithstanding the great number of female wage-workersnow employed, it is« doubtful whether, in reality, the factorysystem has materially changed the importance of woman's laborin manufacturing processes. Many now living remember thetime when the cloth, linen and stockings for family use wereentirely produced in the home by the various members, and whenthe carding-machine and spinning-wheel were a necessary part ofthe family outfit. Within the past generation, however, inven-tions have made machinery almost human, needing generaldirection only and little manual strength. This has not onlytransferred, but has opened to woman new and wide fields oflabor; in many cases it has made it preferable to male labor inthe production of articles where formerly men had no competi-tion. The deftness of hand and quick perception of mind are inher favor. This extension of field and displacement of the man-worker by the woman-worker increase with new inventions

5 (81)


and the simplification of processes of manufacture. Meanwhileit has lessened the field of what was formerly regarded as exclu-sively woman's work. They do not Bpin ; they do not maketheir husband shirts or stockings; they do not make butter andcheese. These articles are now factory products, and the familybuys them cheaper than they could be made at home. Economyof human labor forbids that women should attempt to competewith machinery by practices that were necessary in our grand-mother's days. The daughter of the house no longer findsremunerative employment in her home; the factory offersinducements in better pay.

This is not so much a matter of choice as of necessity, growingout of the displacement of hand-work by machinery, the domesticfor the factory system. Modern civilization Ja tending in thedirection of enlarged opportunities and of a greater independenceof woman. She is now, in a great variety of industries and pro-fessions, an active competitor with men ; in some lines of manu-facture the female already outnumber the male workers. Whatthe ultimate effect is to be is yet a query. A study of the presentsituation is favorable to the conclusion that women have been thegainers by the change. That the factory system is superior tothe conditions which it superseded is apparent, and with whole-some factory laws to restrict the hours of labor and to induceproper sanitary regulations of establishment where they are em-ployed, it is believed that the opposition 'and prejudice whichmanifested itself in the beginning will entirely disappear. Theadverse side of the future outlook is the fact that, in the fields oflabor which women have entered, the tendency is towards lower-ing the rateB of wages of men. Yet, recognizing that the in-crease of the products of human labor ought to result in a benefitto all and lighten the whole burden of toil requisite for our sup-port, it would seem that the remedy lies in the equalization ofthe compensation of both sexes for like work. That this mustbe the outcome of our industrial evolution can hardly be ques-tioned. Nor can there be any doubt, if our social and industrialprogression is to advance in like degree, that the equalization ofwages must be in the direction of an increase of women's com-pensation.

WOMAN'S WORK AND WAGES. 83

It is scarcely within the range of probabilities that the numberof female wage-earners ever will equal that of the opposite sex;nor do statistics indicate that the ratio is increasing, althoughthe absolute number of women industrial workers is continuallyadvancing. In 1880, the superintendent of the tenth UnitedStates census stated the fact that the ratio of increase, 29.03per cent, from 1870 to 1880, in the number of females pursuinggainiul occupations was higher than in that of males. The totalnumber of both sexes returned at the census of 1880 was17,392,099, of which 2,647,157 were females, or an excess of277,795 over 1870. The data tor 1890, at this writing, are notavailable, except the manufacturing statistics,* which only notethe average number of hands employed during the respectivecensus years, of males above 16 and of females above 15 years ofage, and of children under these ages, These returns show thatthe absolute number of both men and women hands engaged inthe mechanical and manufacturing industries of the countryhas largely increased; but leaving out of consideration children,whose employment the enforcement of our factory-inspectionlaws apparently haB lessened considerably, they also show thatwomen comprised 16,8 per cent, of the adult employes in 1870,20.8 per cent, in 1880, and 18,4 in 1890, It may be that differ-ences in classification, and inclusion of omitted industries, will,to some degree, militate against strictly just comparisons betweenthe respective census periods, but hardly to an appreciable ex-tent, on account of the large totals involved :

Year. Men, Women. Children.

1870 1,615,598 323,770 114,6281880 2,019,035 531,639 181,9211890 3,745,210 845,428 121,194

The ratio of increase in the number of women employes wasmuch less than that of men from 1880 to 1890; while duringthe preceding census decade it was larger ;

INCREASE PER CBNT, IN NUMBER OF—Period*. Men. Women. Children

1880 over 1870 24.3 64.2 58.71890 over 1880 85.5 59.0 |33.4

• Extra Census Bulletin, No. 67. f Decrease; see above,


In New Jersey the average number of hands engaged duringthe respective periods in manufacture was:

Year. Men. Women. Children.

1870 58,115 11,198 f*,2391880 , 80,787 27,099 1?,1521890 144,864 ?P,370 6,313

The increase per cent, in the number of the respective classesof employes during these periods was :

Periods. Men. Women. Children.

1880overl870 50 112 1281890overl880 67 46 *57

* Decrease; see above.

This, if accurate, simply means that the number of adult maleworkers has increased faster than the adult female workers inour manufacturing and mechanical industries, but not in allgainful occupations, necessarily. Whether this has any relationto the decrease in the employment of children is an as yet unan-swerable query.

During the progress c f the preparatic n for the Columbian Fairat Chicago, the Bureau received so many applications, fromnumerous sources, for information about the earnings and gen-eral condition of women employed in industrial pursuits inNew Jersey, that it was determined to make a special investiga-tion of the subject, as extended as the means at the dipposal ofthe office warranted. To have investigated all the conditionssurrounding this large part of our industrial population wouldhave been impracticable. The inquiry was confined to the mat-ter of wages and cost of living, principally. For this purpose,appropriate schedule blanks were placed in the hands of specialagents, who visited the homes of the workers and their places ofemployment, wherever access could be obtained or informationgathered. By this means returns from 3,877 individual womenand girls were collected. These comprise wage earners engagedin 80 general industries, approximating 400 specific occupationsor trade subdivisions. While this number of employes is not alarge portion of women wage earners in the State, or even of the


employments reported, it is believed that the returns are repre-sentative ones and reliable. These returns come from all overthe State, principally from urban localities, and comprise a farlarger number of workers of this class than ever before has beencollated by the Bureau.

The difficulty of obtaining information from our female opera-tives, especially, has resulted that this field of inqury has beenbut little exploited. In 1888, the Bureau succeeded in getting buta few hundred replies to a similar investigation as was conductedthis year. During the same year the U. S. Commissioner of Laborinvestigated the condition of 17,427 working women in 22 citiesof the country, including Newark, in this State, from which 625women, engaged in 34 distinct industries, were reported. Thereport, the fourth annual, had f>r its special object to discoverwhat cities had to offer to working women in the way of manuallabor—women who work upon light manual or mechanical laborani in stores. It contains a most thorough presentation of allthe facts bearing on the subject of inqury, which, to a certain ex*tent, was limited. So far as this State is concerned, territoriallyand industrially, the present investigation has been more extended,but confined, primarily, as stated, to work and wages and expendi-tures, although taking in other incidental items, as will be seenby the summary tables following, which are supplemented inTable 3, by data relating to piece workers—the quantity of workproduced in a given period of time, and prices received by thepiece; and in Table 4, by returns from 47 establishments, em-ploying 8,533 women, showing the hours of daily work time,period of wage payments, and the weekly wages by classes ofemployes.

The main facts el.cited from the schedules for individual em-ployes are comprised in the six summaries following:

Table 1, Summary 1.—Nativity and age. This shows, byindustries, the birthplace of the individuals reporting, their ageat beginning work, their present age, and the number of yearsthey have been at work.

Table i , Summary &.—Work time. Under this, by industries,the daily and weekly hours of employment, the daily time of


beginning aud quitting work; the time allowed for meals, andprovision made for seats when employed or unemployed.

Table 2, Summary 3.—Wages and regularity of employment.The data here are tabulated under subdivisions of occupations:Periodic wage ratee, full time and yearly earnings; the averagenumber of days employed, and number of individuals out ofwork on account of sickness or want of employment, with theaverage number of days lost. The wages are given by rangeand averages, as well as classified by number of individualsreceiving the same.

Table #, Summary 1.—Conjugal and home conditions. Tabu-lated under industries, and showing the number of individuals,single, married or widowed, who own homes, pay rent, board orlive with parents or others, and those who assist others from theirwages.

Table 0, Summary #.—Rent and board. Tabulated by indus-tries. The average and classified amounts paid for rent andboard per month and week respectively.

Table &, Summary 3.—Income, expenditures and savings, byindustries. The average amount of iucome and outlay audexpenditures for subsistence, clothing and miscellaneous items;the number of individuals having a surplus or debts; the numberreporting savings and the amount thereof, and the classifiedtotal amounts of expenditures. It is not pretended that themoney items, so far as income and expenditures are concerned,are correct to the cent, for the case is extremely rare, even withadult men, where an exact sum of wages is kept throughout theyear, and rarer still of an annual budget of expenses. The basicreturns were as accurate as under the circumstances could becollated, and the averages reduce the possible slight errors to aminimum.

As already noted, this inquiry takes in 3,877 working women,of whom 3,119 were engaged in manufacturing and mechanicalindustry, mostly factory workers. The balance, 758, comprised


book-keepers, domestic servants, laundry workers, schoolteachers, saleswomen and miscellaneous employes in mercantileestablishments.

Of the total number of women reporting, 3,176 were born inthe United States, or nearly 82 per cent. Ireland was the birth-pJace of 206; Qreat Britain of 154 ; Qevrnauy of 144, and Italyof 86; the small balance claiming other foreign countries. Thelargest foreign element seems to be among the following: Silkoperatives, 123 out of 330; of those engaged in domestic service,109 out of 250; flax and jute workers, 46 out of 67; electriclamp makers, 87 out of 216.

The bulk of the workers comprises young women, their aver-age present age being only 21.8 years. The ages range from 12to 66:

Individuals.Under 15 years 10115 to 20 1,50120 to 30 1,855HO to 40 28140 to 50 9450 and over 36

That is, 42 per cent, are under 20 years of age and 89 per•cent, under 30. Those employed in domestic service, dress-making and as railroad car-cleaners seem to constitute the olderworkers.

The average of the ages when these women began to work,not necessarily but generally at their respective occupations, is14,9 years; and the range from 5 to 59, for domestic servants.The next widest range is for cotton-mill operatives, from 7 to 50.Both of these are extremes, as will be seen from the classifiedlist, which gives 1,665 individuals who began work under 15years of age; 2,036 from 15 to 20, and only 176 when 20 yearsand over—nearly 43 per cent, under 15 and 96 per cent, under 20years of age. The average number of years at work has beenbut 6.6; the number of individuals who have worked, under 5,being 1,739; from 5 to 10, 1,302; 10 and over, 836.

The average daily hours of work are 10J; weekly, 63; whilethe range is from 9 to 15, and frond 57 to 93, respectively. Thisapparently high range is due to a few employments like domestic


service, 8£ to 14 daily; dressmakers, 6J to 13; saleswomen, 5Jto 15; laundry workers, 8 to 14, and milliners and miscellaneousemployes in mercantile establishments, 8 to 13. Only 835, orless than 22 per cent., ordinarily, have less than 10 hours perday. The hour of beginning work ranges from 6:80 to 7 A. M.,and of quitting from 3 to 11J o'clock P. M. The bulk begins at7 o'clock or after, 3,124; and quits at from 6 to 7 o'clock, 2,879.The time allowed far meals ranges from J of an hour to 2J hours*1,145 having less than one hour and 2,732 one hour or more, theaverage time being f of an hour. The number of those obligedto stand when employed is 1,918; when not employed, 334, ornearly 50 and 8 per cent., respectively. In 527 cases, or about13 per cent, of the whole number, no seats are provided.

All except a fraction are paid weekly wage rates, the averageof which, full time, is $5.50, or but little less, $5.48, when theperiod wage rate for all reporting is reduced to weekly time.The range is, of course, the extremes, from 50 cents paid a fewgirls as domestic servants to $20 for some special workers,mainly forewomen. The classified rates will better indicate thegeneral wages received than either the range or the average :

Individuals.

Under $3 219$:Uo $4 381$4 to $5 745$5 to $6 752$6 to $7 804$7 to $8 373$8 to $10 449$10 and over.... 154

In other words, 1,345, or about 35 per cent., receive less than$5, and 2,097, or 54 per cent., less than $6 per week as full-time

The average number of days' employment during the year was249, or 58 lost time, exclusive of Sundays and legal holidays.An average of 14.6 days was due to sickness in case of 1,058employes, and of 36.6 days to want of employment by 1,944.This lost time brings the average yearly earnings, for the wholenumber of working women reported, to $265. The range ofyearly earnings ran from $12 to $1,175, which are extremes, as


noted above in connection with weekly wages. The classifiedlist shows that 979, or 25 per cent,, received less than $200;2,682, or 67 per cent., under $300; and 1,295, or 33 par cent.,$300 or over:

Individuals.

Under $100 ....„ 109$100 to $200 870$200 to $300 1,603$300 to $400 866$400 to $500 327$600 and over 102

As in similar previous investigations of this kind, it iB shownthat the great majority of the women herein reporting were singleand unmarried, the number being 3,582. Only 111 were marriedand 184 widowed. There are 1,012, or about 26 per cent., whoassist others from their earnings. Those who own the homes inwhich they live number 58; while 137 pay rent and 585 board;the balance, 3,097, live with their parents, or others. Thus ifcwould appear that by far the larger proportion of young girlscome directly or indirectly under home influence, and a con-siderable number contribute to the suppDrt of their parents'household. The average rent paid is $7.17 per month ; of board,$8.03 per week.

The average income of the 3,877 women was $266, while theaverage earnings from wages reached $265. Tfois is explained bythe fact that in some cases there was income from other sourcas.Toe average expenditures amounted to $257, the proportion con-tributed to subsistence, clothing and miscellaneous items being$162, $59 and $36, or 63, 23 and 14 per cent, respectively. Asabout 80 per cent, of the young women still live, what may becalled, " at home," in many cases being to some extent supportedfrom their parents' income, too strict inferences cannot be drawnfrom these items, except, perhaps, clothing, for which over one-fifth of the earnings went.

The classified total outlay for the year was as follows:

315 individuals spent under $100.867 individuals spent $100, but under $200.

1596 individuals spent $200, but under $300.909 individuals spent $300, but under $400.138 individuals spent $400, but under $500.52 individuals spent $500 and over.


Of the total number, 309 reported a surplus above expendituresand 107 debts above income. The average amount of savingsUr the past and former years by 355 individuals was $133.

There was no attempt made to investigate the " character " ofthe working women, either as a class or of those included in thepresent tabulations, for this was foreign to the end of the presentinquiry. Nor is it believed that such an investigation is practic-able, or one of the duties of this Bureau. Both the Massachu-setts Bureau and that of the National government, referred toabove, collected a few statistics of a negative nature on this eub-ject, and Commissioner Wright*, from dafaat his disposal, statesthat u from all that can be learned one need not hesitate inasserting that the working women of the country are as honestand as virtuous as auy class ot citizens. All the facts are againstthe idea that they are not virtuous women. The statistics showthat a very large percentage of them live at home. They areliving in whatever moral atmosphere there is in their homes.* * * The virtuous character of our working women is allthe more attractive when the cost of their virtue is recognized.With their poor pay, if they continue virtuous, they are themore entitled to our applause, and certainly one must recognizethe heroic struggle they make to sustain life, to appear fairlywell and to remove what every honorable minded man andwoman seek to remove, the appearance of poverty. All the helpsthat are thrown around them in our great cities, all the kindnessand the care of benevolent employers, all the influence of thechurch and school must be increased, and these, joined with theheroic efforts of the women themselves, must gradually deepentheir character, strengthen their purposes and help them to gaina more generous livelihood."

* Fourth Annual Report, 1888, U, 8. Commissioner of Labor, pp. 76, 77.

11 f 1 1 f 1 1

i f

39 S

fI I I .

ffii

a o

. g B S S J B J g S o S g U I Total number reported.

- *_ i 8

Si :

| United State*.

I Great Britain.

I Ireland.

!

Germany.

Italy.

Other foreign oountrlei.

Range. I

6 » o> M

M Si o.

S S ___>

Under 15 years.

15 to SO year*.

SO years and over.

Range.8S I Average age,O» I

Under 15 yean.

I 15 to 20 year*.

s g| 80 to 40 yean.

140 to 50 years.

50 years and over.

S3

P[ Average.

*. - _ -, SS S

« -.1 00

S , . Si <J W Si

1)0 S A

« _ :

Under 6 years.

5 to 10 ynars.

10 years and over.

%

s

§

M 0

IS

f 3

16 ONV


s

o paw RjvaX oi

•sjTOi 01 0% g

'iiveX g japan

•eSvjOAV

sa ts

S S S3 3

H OC «

ueAO pan uvaX og

•sjwalogotoH ^

•SJWBJC o* oi 08

•u»ei 08 oi og I

•jwai OE o% 9\ I

•sjwaX gi japan |

•98 8 »8VJSAV I

S 8

_„_.______-

'J8A0 pat u v a i OS

••JWiXogo^fli

•sj«aigx"Pan

*a8v aSvjaAy

•a8a«H

29.0

38

19.7

83ss

2

id

3a

31.7

$3a

31.0

09

3a

31.S

$3a

32.6

3SS

3

19.3

3X

23.7

3a

19.0

as33

17.5

s3a

3

3

R83

8 £ 2 ?

S 3 3 S 3 3 2 2 3 2 3 3 S 3 3

Bajjmnwa aSfyajoj Jeqio

•Ximi

'/(IVUH9O

i 8

TABLE 1.—COLLATED STATISTICS FROM FEMALE EMPLOYES—WORK AND WAGES—Continued.SUMMARY L—Nativity and Age.

OCCFFATIOHS.

Milllnera

Overseeing, Forewomen

Paper Makera, Wall... . . . .

Pen Makera

Pottery Operative*

Phonograph Xaker*,

RugMaken

Bilk Mills Operative*

Sewing Machine Factory Operative*..,

Sewing Machine Operator* . . . . . . .

Saleswomen

Suspender Makera

PLACE OF BIRTH. AGE WHEN BEGAN TOWORK. PRESENT AGE. .

NTTMBKR OF r.4X8 BOSH IN

1 sj . i1151 »;....

uf 8| i;

14 14

36! 37

116 87

40 40

» 34

3S0 307

no 104

38

•6 , 2

S j §

Sub 371

13 IS

Shoe Factory Operatives, Leather 194 110

Shoe Factory Operatlrea, Rubber. . . . .

School Teachers

78

10

. 13 to IS

. 13 to 34

. 13 to 17

. . . . . . . 114 to a

IS 1 13 to 17

. . . . ! 15 to 19

..." 1 . . . . ! 8 to 34

26 5 13 8 to 30

4 It to IS

1 . . . . ' . . . . 10 to 68

12 .... 16 10 to 30

12 to 14

2 11 to 30

10 to 392 . . . .

NUMBEROF XITDIVIDTTAILB

age.

f16.7

•*3

I i

5 36

io

and

mAK

ssw

16 to 43

19.4

M.6

15.7

14.4

16.0

16.0

18.6

n.s17.6

14.5

13.2

16.1

18.0

19.0

106|

360

1&

17

10S

11

61

35

5 -

35

16 .

40 .

13

76

9»-

9

179

1 .

60

S3

18

NUMBER Of YEARSAT WORK.

MT.MBEB,OF INI>rVTl>TJjiLS

10

83

19

17

93

96

15

172

3

69

46

9

i12

73

30

S

5

2

6

10

1

5

138

18

6

40

9

35

15

6

3Oa

3o

B j f gi j3 g

6 «f f 8

<g 8 23

jg I Total number reported.

g | United States.

j - *. OP ••_

an —____>- » _

-, & £3 £S S S o3 a s a5 55 5 SI

I Groat Britain.

^ | Ireland.

I Germany.

Italy. ~~~

I Other foreign countries.

s a s M

s s s:S1 5 S"18 8; gi

si s8 8t

Range.

Average age.

Under 15 years.

16 to SO years.

20 years and orer.1

Range.

5 8 "S I Average age.

I Under 15 yeaj-s.

ft 8 8 8

Ol W «• QO

15 to 20 years.

I 20 to 30 years.

I 80 to 40 years.

I 40 to 50 years.

I 50 years and orer.

Average.

gfe 9 15

JULJLA

Under 6 years.

6 to 10 yean.

10 years and over.

sg*

I0D CD

l

s

!8P. Q

• si

•

•QHOQ

II

aNV

9 5 S 9

*1111 Him ii s 5 * 51 s j n

I.3 i

3 S

3 8a 5.

I

8 g 8 IS. Total namber reported.

_sJLiL

1*1 * f^ « *8 S S 8 8

Range.

Aversge.

Rauge.

Average.

Under 8.

OP M>

a S i

• • M •"«

M 8 *

Si « S

•-• S!

Si

a *

:

1

1 ^ 8 to 9.

9 to 10.

10 and over.

I

w < Q « - i C « j o o - a t o go g o »3 «S

Range.

Before 6.

I 6 to 7.

S S £ 5 £ S * $ £ 81 g 17 and alter.

s5

o» v en ° o»

5 S S Z •^ to a\ o> <ft_ pa ^ c

Range.

Before 6.

s_ a s E « ! S i 8 5

S3o H

8*1

*?

K y * * «S o 5 S- o

Range.

g

W

o

o

M « M H- «

i % : : s

8§ S K IS »

: S as K s

| j g ? M

i : S : *

S ^

* 8 S

5 g K

* g

1 3

_• M M *» ~

I

t:

w

CO

I

Average.

Less than 1 hour.

1 hour or more.

When employed.

When not employed.

Number having no seatprovided.

T lW

QQ

PRO

VISIO

NFO

R SE

AT

S.

l

OS

d

10

S

>-I

iii•

IQ

§

96 d&V

96

I50

H to 1- Total number reported.o> » £ I

* 8

£ 8

8S

g 8 8 S ac 88 8 I I 8 . I 3 S 8 « | , | 8

I Under 8.

I 8 to 9.

_S_ * 8 :» a s ^ s B B § B ; l a £ £

9 to 10.

10 and over.

w

od50

1

CP w €

Range.

Before 6.

|« to7 . , | P ,

I 7 and after, \\ S I

S ff Si Range.

! : : 52

5; 8 S M

J

134

•

109 « i: i : M ; :

8 B S K 8 K

| Before 6.

| 6 to 7.

p

Range.

! i i I j ;

e Q s B gs !

: : : :

i B 1 : :

: 5 M s : : i

S 1 : i I s :: : : : i :: : : : | : :

\ I M I s i

: :

S »

Average.

Lens than 1 hour.

1 hour or more.

Whea employed.

When not employed.

Number having uo 8provided.

gmo

3so

, 3 S S i

03

d

h

Ojowo

83 IHO I

2.6 CINV


. i -popjAOjdS5«0 I «i«dii ou 8ujA«q JoquniN2*3 •—-" ~~

* fl i p»A*otduia ion uoq^vi

j

TABLE 1—COLLATED STATISTICS FROM FEMALE EMPLOYES—WORK AND WAGES—Continued.SUMMARY 3.—"Wages and Regularity of Employment.

OCCUPATIONS.

i PERIODIC WAGE-RATE-FULL TIME. WEEKLY WAGES (REDUCED)—FULL TIME. YEARLY EARNIKGS. | OUT OF

I EMPLOYMENT.

Dally.

If I *\ S3

Book-keeping 33

55Buttons, PearlCardersFinisher.Drillers 7 6.7Forewomen l'll.O

7.28.0

Buttons, Ivory 11

Box Making, Paper .. 99Cigar 6

4,6 -

4.0 .2.0 -

6.5 .4.1 .4.6 .

Cotton Goods ...» 344Spare Weavers 51Spinners 43Weavers 30 .Speeder Tenders 23 8.4 .Trimmers 13' 6.7 .©offers. : 11 1.9 .Reel Tenders 9 2.6 .Spare hands (card room) 5 4.6 •Drawing Tenders.. . . . . . . 4 2 . 0 .Stubbel Tenders 3 11.0 .Smash Fixers 3 12.0.Warpers 3 6 .6 .Drawers-in % 5.0 .Sweepers 3 1.0 .Sewers ?j 9.5 .Ticketers i 7 , 3 . 4 .

Weekly. Monthly. Number Receiving

§

ss

S5;

ito

00. S

* 53 3§ §si s

over

.

•cat

55| 8 7052 10 00

7 90|7 8 3011 13 00

69 5 9 6 .6 4 6 7 .

344! 5 50!., , . . . . .511 4 10,43 4 00}....991 7 90!S3 6 10]18* 4 09'11 3 6091 4 095i 8 8041 4 00

5 65 . . .7 66498 . . . .570 . . . .2 005.96....4 » . „ . '

iii!$2.00 to $12,00

6.00 to 11.006.00 to 13.007.60 to 9.008.00 to 9.00

12.00

4.00 to 7.50

2.#0 to 10.804.30 to 6.002.00 to 11.002.00 to 9.002.00 to 5.503.00 to 11.003.00 to 9.004.00 to 4.252.00 to 4.002.00 to 5.00 4 0 » . . . . I ll 2 4 33.00 to 5.00i 3 8 0 . . . . 1 2 3! 13.00 to 6.001 4 0 0 . . . . 3 . . . . . . . . 14.00 to 7.12 5 - 5 . . . . . . . .7.00 to 8.00 7 6 6 . . . . ! . . . .4.94 to 5.00 4 98 . . . .5.00 to 6.00 5 70,.S-00 2 0014.75 to 6.00 5 9 5 ! . . - . . . , .S.CS to &-00 4 19 . . . . ' I

S 2 5 $100 to »634 $844

Number Receiving

1 8 33 13 295 to 624 4llLl l . . . . 9 12. 295 to 56*5 4661.

8 1 7 . . . . 824 to 417 8 8 7 .7 1 . . . . 370 to 417 884 1 .

1 624 6 3 4 .

2! 3I ....

173 to

95 to 425 277234 to 260 243,

77 to 469134 to 42377 to 276142 to 469160 to 446173 to 20386 to 31296 to 250145 to 20395 to 232141 to 352250 to 389186 to 247227 to 26092 to 103225 to 315146 to 206

SSI199182370390191U.172192185 ..156!M l ..832!.

27§i....179 ....

80 586 3*2

9| 6

NoWork.

8 I

7 280... 279... 2791 307

277 II3G6-...

2 278

» 543

19 8616 1288a! 40 16 12

... 269 34 32 142 332 20 18! 3

4293 14258 '383287

18!17

9 228 17fi 12

68231325

4854621212101236

31

2

*'*34

4418

"48

18U

O

3o

TABUS 1.—COLLATED STATISTICS FROM FEMALE EMPLOYES—WORK AND STAGES—Continued.SUMMARY 3—Wages and Regularity of Employment.

PERIODIC WAGE-RATE-FULL TIME. WEEKLY WAGES (REDUCED)—FULL TIME.

OCCUPATIONS. l i t

!Sa

a

ss

S

a

i!1

'• B

• z

Dally. Weeklj.

1£ !

Monthly.

Cotton Goods—Con."Knotteral.....",..' A 6 3 . 5 . . . .

Not Cl&saLfied. | 3111.1. . . . .Cigarette Fhoto Makers... j &4 6.0 .

90 7 .1 . . . . .11 4.5 . . . .10 54 . . . .1 6.5 . . . .6 6.1 . . .

Cutter* .Frame Filler*.Mounters |BamJitien .Hanger*....

Corset Makers... 158 4 .7 , . . .Joiner*.... 46 3.7 . . . .Centers 36 4.8 . . . .PrMiHudL. . . . 8 5.S . . . .Lace Trimmers 5 8.5 . . . .WalstSewers.. 14 S.I . . . .Embroiderer* 7 6 .8 . . . .

6 *4 80 .21, 4 86.

54 4 102U 4 6011 3 10 .10 4 30 . . .7 3 70 . . .6 3 9 6 . . . .

158 5 8045 S3*36 5 908 600

Steel Maker*....CagersSeamen..Ironer*...BindersExaminer*Buttonhole Makers......Boner*.....

4.3 .5 6 . . . .fi-6 . . . .

214.0 . . . .3 0 . . .8.5 . . . .€-0 . . . .3.0 . . . .

Not Classified-. . ^ . . ^ ^ ! 34 $.*'.'.'.'.Clothing (Men's) Operi'r's 33 13-4 . . . .

Sewer* 30 10.8. . . .Vest Maker*..... 3 7.0 . . . .

5 730 .14 4 00 .7 8 00 .4 560 .

630 .8 00 .

10 60 .6 60 .886 .600 .3 34 .

34 5 8023 6 34 .20 540 .3 4 60 .

*4 8 0 .

4 86JM.aOtolfi.OOJ2.50 to 9.00

3.00 to 4.50a95 540

- - - - 3 70;.-..Dto 6.00 3 95;....

3.00 to 12.00 6 8 0 . . . .

Number Receiving

5 ! s

i !S

16 28; 71 13 -

io! l

I' JU 2

] . . . .

53 46, 3 IS4.00 W 8.00 5 » ; . . . . I . . . - I H 31 10;.. . .6.00to 6.60 5 90 . . . . ! - . . . I . . . . ! 9 ~" O t o 6.6^ 8 0 0 ' . . . . ! . . . . . . . . ! S4.00to 11.00 7 203.50 to 5.70 4 00:. . . .8.00 8 0 0 . . . .5.50 s eo- s !::::•5.G0to 5.50 5 20 . . . . . . . .8.00 8 0 0 . . . . . . .

10.00 to 11.00 10 5 0 . . . .5.00 to 6.00 5.60 . . . . . . . .5.50to 11.00 8 8 5 . . . . . . . .6.00 6 HOS.OOto 3.60 3 24;. . . . S4.00to 13.00 5 80 . . . - • . . . . ] 13.3.00to 12.00 5 24-. . .J 3 9S.OOto 13.00 5 40' . . . . ; 3 64 W 4 5 0 . . . . . . . J 1

5 - . . . . ; . . . . • . . . . | . . . .

YEARLY EARNINGS. OUT OFEMPLOYMENT.

Number Receiving Sick- | Nonees. ! Work.

i3

IIO

c

Xi

a3ac

2

1

M

O

a

147 to 173 1S9134 to 469 250

•216 t o 1234'$230127 to 459 237 . . . .

132 to 346 180 . . . .1 5 8 t o 337 206 . . . .132 to 198 140 . . . .176 to 236 171 . . . .132 to 176 164 . . . .100 to 246 175 . . . .

134 to 464 271 . . . .176 to 330 346 . . . . , . . .240 to 330 29a . . . . . . . . : 14,335 to 316 289 . . . . . . . . 3 al « 8 t o 463 519 . . . . 1 2 . . . .1 7 6 t o 463 321 . . . . 4 10408 408275 275 4237 to 347 242300 to 3<!3 301 . . . . .411 to 462 4S2 2232 to 380 256 . . . . . . . . 2 . . . . . . . .218 to 461 341 . . . . . . . . 1 1 . . . . ! 1

22 . . . .4 14| 5 1

94 to 472 20694 to 472 309 ., „

183to 2U3 189 . . . . 2

H

asGO

wo

3

S 64

Total nuraber reported

Average

_ S | N umber receiving

Average.

Number receiving. &

Average.

8 8 8 S8SS888SS88S:o 5 S

SSSt a 8 8 »Under »3 00.

18.00 to HM,

H 00 to »6.00.

S 0 S 0 0 0 0 o o S o ^ o o o o o o o c o o o

Under *100.00.

$100.00 to $200.00.

tflOO.00 to 1800.00.

$800.00 to UQ0 00.

$400.00 to $600.00.

Average number of dayi employed

Number of Individual!.

Average number of days.

Number of Individuals.

Average number of days.s -ss ; ; '

101

TABLE L—COLLATED STATISTIOS PROM FEMALE EMPLOYES-WORK AND WAGES—Continued.SUMMARY 3.—Wages and Regrularity of Employment.

OCCUPATIONS.

PERIODIC WAGE-RATE-FULL TIME.

Daily. ! Weekly, i Monthly.

Klectrlc LampsTupping CarbonsTreating GarbonsSealing-luPutting In Carbon a....Refining FiberTesting Carbons .. .Trimming WifeTesting LamesIn*p*ctin« FiberPlalnlog FiberAccounting for Work..Socketing LampsInspecting Lamps......Sorting CarbonsInspecting BulbsSplitting Fiber. .Cutting Carbon*Trimming PKTUPressing Paper...Not classified

5S 5.4!.

i? !:?]"J» 4.0!.10 5.8 .

I is. 316. 23

-I 15'1 n

Electric Motors, not cl&m•ified

Flax and JateFl*i Spreaders. „ , . . , . .

Winders.Twisiers *.Spinner*.Bailers

6.7 .6 6.1!.

10 S.8UU 3 4 -« 6.4 .*! «•?•6

1:1 :I VI.

l» 4.4 .

$5 0*7600.500 ,4 45.5 30 .490.635 .460 .

14 .350 .464 .580 .635 .450 .4 70 .535 .162 .4 60 .5 U) .6 40 .4 50 .

WEEKLY WAGES (REDUCED)—FULL TIME. YEARLY EARNINGS.

Nximber Receiving.

i#1.86 to»l0.OO4,50 to4,33 to2.60 to2.8U to3,40 toS.80 to3-70 to5.40 to2.30 to3.40 to4,10 to3.40 to4.15 to3.86 to8.90 to2.97 to4.30 tol.»J to5,£9 to1.86 to

10.006.875.406.M)6.0C6.806.W6-004.605.507.608.105.947.208.804.344.9U4-656.306-60

f 1*5 02600 .&{« .4 455 204 90 .5 35 .4606 14 .3 504 64 .5 SO .6 35 .4 60 .4 70 .5 3i .3634 60 .3 006 404 50

7« 57 38 76 7 7 3

11

3' 13i 2 . . . .5 6' I . . . .5 l! Si . . . .1 l | 31 . . . .

I 2-...J 5 8. lj

1

67 13.4 . . . . . . .3 t o . O - . . • - . » .* 2

5 3 8 7 . . . . , 3.42 to 5-70 8 87 . . , . ,

67 5 3 0 . . . . ! . . . . . . 3,00 to 8.00 5 3 0 . . . .3 4 80 . . . . ! . . . , . . 4,00 to ' '

29.01 0 1 0 . 0 . . . . . . .917.0 . . . . . . .3 9.0 . . . . . .

4 5 2 8 . . . . . . 5.00 to 6.00 5 28 .10 § 0 0 . . . J . . . . . . 4.25 to 5-50 5 0 0 .9 5 5 0 . . . J 5.00 to 5-70 5 50 t f »!3 4 75 . . . J 3.60 to 6.5 4 7 5 . . . . 1 1 I 1 . . . . . . . . . . . . .

Number Receiving

o c? o •

ft1!!! s : 3

I I I 1 II I

1S7 to 260 _. . . . .141 to 303 259 . . . . 2; 11, 6 . , . .141 to 282 226 . . . . 4, 1 1 1 . . . . ! . . . .132 to 351' 2 6 6 . . . . lj 6j 4 ; . . . .196 to 300 224> . . . . 3 3 \ .265 to 319 281 . . . . . . . . 4 3 .106 to 235 166 . . . .156 to 261 217 . . . .196 to 354 280 . . . .161 to Sin 2*9 . . . .199 to 271 219 . . . .166 to 347 226 . . . .174 to 459 247;. . . .14*2 to 2tH 113 ...*SlOto 2c5 238 . . . .98 to 229 149 1! 3 1

3f* to 3^0 3;?9 . . . . j . . . . . . .87 to 324 2!5 l! 7 10

160 to 258 174|.

OUT OFE M P L O Y M E N T .

Sick-ness.

2 rof

NoWork.

rof

f87 to t520 $264! 2 : 60 125, 37| 1 1168 to 620 278 . . . . I 16 § . . . . 1812 to 357 249 . . . . . . . . 14! 1 L ,

132 to 384 2 4 9 . . . . 15 44 8 .177 to 250 218 . . « : . 1; 2 . . . . .250 to 295 2 5 6 . . . . . . . . 4 . . . . .168 to 225 22? . . . . 1? 9 . . . . .1S2 to 291 204 . . . . I! 8 . . . . .177 to 3CS 2 9 0 . . . . , . . . ' 1 2 .

' 278; 291J1 272!I 291

271; 281

269

287; 279

270 .

279 18 23203297270

2 7 6 .

1 22 44 34

3 B94 18

Oto

>

283

17108

1110

564

4946421

1412188

161514

119

24277

28178

IE12

15213332

187

15\6

1 711

i 81 11

234

2536242425142434233224302231152424

W

o

©

H£di—•

ITotal number reported.

wo> Mu r «eSb»»«(»w» -jtSttfeowAww ^ ? ° g ^ ^ | Yean at Work (average).

88 8S8g§8gSS§8 S8S8SSSS 8888S

$6.00 to *7.G0.

17.00 to #8.00.

18 00 to $10.00.

$10 00 and over.

*>OJ C

Number of individuals. J ^ j"-- — 3 ? I

Average number of days. I **

§

9s•l"ri a

O

COCO

<» 3g K

I

! •

COT

eso Number rtoetnag

55 55 5 5 55555 5 5555 5

soixsixvxg

TABLE L—COLLATED STATISTICS FROM FEMALE EMPLOYES-WORK AND WAGES-ContinuedSUMMARY 3.—Wages and Regularity of Employment.

oo

OCCUPATIONS.

Knit Good*—Con.Loopers.............Folder*Buttonhole MakersOperators...

Lamps, Metal and Glass..Wrappers. MetalNot classified, Metal....Mot classified, Glass....

LaunderingShirt Iron ergCollar IronersLtnen TrooersLinen FoldersStarehers.-..Domestic LaundressesSorters........Not classified.

Lace* «». . . . . .MendersDrawers.....Operators...Het Threaders ,Manager ,Not classified

laad Pencils.,

WEEKLY WAGES (REDUCED)—FCLL TI5SE.

fX

16.006.007.008.70

tsoolsop|

9.10,

Number Receiving

2.50 toUl.OO 3 7$' Sj3.50 to 6.001 3 70 35.50 to 6.00 6 (X) . . . .3.50 to ll.OQ 6 60 1

3.00 to U.00 5 564.50 to 11.00 9 304.00to e.oo, Baa!6.0U3.001.50 to 8.00tS.OO 14.00 to 8.003.IX) to 9.00,

5 336001005 455 45|6 005 83

3.00 to 12.00 4 S3l3.50 to 6.501 4 708.CO to 2.35 2 158.00 to 9.00 73.00 to 3.50 2

13.00 123.60 to 6 00 a

2.00 to 5.00 3 Ml 34'

5 ,9 33 ', ° ! °S I ? , ' 8

4 . . . .3 . . . .

18 77 7

1 ....2 ....

YEARLY EARNINGS.

Number Receiving

413

9i to $495' 143:121 to S76( 198197 to S05 3859*2 to 496 347

153 to 572335 to 573\U to 338845 to158 to176 to

m to204 to153 to88 to 590167 to 347bSto US199 to 384

m to 178!130 to 284

U to 256 i 166 j 21 341 10

8 13

38 '

OUT OFEMPLOYMENT.

Sick- | Noness. Work.

' 3 0 9 .

9 . . . .

53 16 131 . . . . 7

101 4,' '

..! 273J

1 273. . . j 275... 272...! W...' 301

1 296.. . . 364

ber

Ea

i

Ave

r

cT

>•

o

16; 249 125 27

•,«31 6014 1043, 251 18

8 " " 2 | 4

171810 5 3052 4 54

!...^ * 3

' 800 61 IB o

S SSKS&. « *. 01 tn

8_88SK

: : : ; Number receiving,

j : '. : Average,

bi— jr, —fTp?1- Number receiving.

<* *c*«K.wo.«n* K W M S I Average".

I Number receiving.

Average

8 8 8 8 SSk$S Sa S ?? 2? o *?*** * **

©• O 00 O -inD O 3D, ••£>

8.8 8 8. gggg g gg ggggg

OSllhf-QD

•« MN»CP»00

j Range.

Average.

Under 48 00.

*3.t 0 to M 00.

M 00 to tb 00.

; H- *6.00 to 16.00.

Ifc. « M W$6 (Ml to $7.00.

I $7 00 to $800.

$8 00 to $10 00.

G 5 §c, 2 $S S" o ten en

^S SooSo o o

$10 00 and over.

I Range.

S

wn

§ I g g ' sgSI g ggggggSi SsHl lAvertt«e<

• I U n d e r * 100.0U.

^"-ODO W «^»tO

! iH

,_,: ] * i oo oo to #aoo no.

1 ^ j *2U0 00 to $800 00

i i j $300.00 to 1400 00.

• • I %\m oo to 1600.00.

: i | *500 00 and over .

h-60 il*.

O5W

Number of individuals.



j Average number of days.

B employed.

a en is

as

CO

nosH 1°I*g «5 •

D

Io0

ff

901

I S i S i ? ! : s ! i S : : ? i i f f \

Total number reported

Yean at Work (average)

Number receiving.

Average. |

Number receiving.

Average.

888888

•6.00 to *6 00.

*6.00 to 17.00.

*7.00 to 18.00.

|8 00 to J10.00.

110.00 and over.

38! 3!BS8Jli SBS89MII |8

tftOO.OO and over.

Average number of day* ewploy


Average number of days

Number of indivldualo.


101 asiv J

TABLE 1—COLLATED STATISTICS PROM FEMALE EMPLOYES—WORK AND WAGES—Continued.SUMMARY 3.—-Wages and Regularity of Employment.

PERIODIC WAGE-RATE-FULL TIME.

Weekly. Monthly. \

OCCUPATIONS.

Phonograph*—Con.JapannersCylinder Inspector*DnpbeatoriPolishing Sapphire*....Wire Brash Maker*..,.Not classified „. . , .

Weaver* »Cob WindersPringer*Preasero »Ko otter*Brasher*SpoolersPackersHe

Robber Garment*. -Dotsclassified.....

811k MilsWindersWearers.Oonbler*..Warpers-Pickers ...Spoolers..StackersD

WEEKLY WAGES (REDUCED)-FtJLI* TIME.

Number ReceiTiog

o % £

11114 5 0 .4 SO1..4 50 .8 00. ,

14.504.604.503.006.004.60 to 16.60; 6 30 . . . .

3.50 to 8.00; S as . . . .6.00 to 8.00 7 » ! . . . .4.00 Vo 6.60 5 3»L.. .4.00 to 7.00; 5 5 0 . . . .5.00 | 5 00] . . . .

4.503.50

006-50

£ 5 S2 I a ! 23 8 • §

YEARLY EARNINGS. OUT OFEMPLOYMENT.

Number Receiving j .2

. 1 B

I 5 2 3£ i : 5

ti::::

4 W .3 5 0 .7 OG.6 50 .

$189189189836250 to $252

$189 .ia»|.

NoWork

I I Ii 5 ' 1 S 1=3 5

S B s B J S5 1S B

5 2 i §- • S I S

as ja «

s 1 i I

5.00 to 8.50: 7 tt .

3.00 to 10.00 6 803.00 to 10.00 6 75 .3.00 to 10.00 7 36300 to (5.60 6 28§.00 t» 10.00 8 756.00 to 7.00 6 604.80 to 7.00 S»4.5* to 10.00 6 tt .7.08 to 8.50 7 75-.

2 9 91 19 91 61 617 31 49! 14 X631 49!

4 183 13 IS

3 2

116 to 360 260 ....847 to 360 3031....116 to 209 257!....139 to 301 307 .236 to 236 :::£u2 302231 23!163 16) .346 346 •302

176 to 295 260

108 to 540 304134 to 478 343106 to 500 338153 to 306 2S2215 to 640 369306 to 357 342S44to 357 300176 to 431 878357 to 430, 393

6 104

3 a2 ..... .i 2

I

! 253 .i 253 .

— j : S5«p.....!....• 272J I

% 543 §44 543 544 546 64

202301 .

9 82 17' 402 15 7 665 SO 2 5

, 3' 402 27

1

2 251124

83 10729 6£29 23

... 209 .

21 388... 2657 258

... 306 .11 2722, 306 ,

...... J06.1 .... 8701U..J 295

I SO1! 61 18

157, 1373 1032 154 3

24 23a; 32! 34j 37

O00

GO

oS3

CD

H144m

Number reoeMng.

Average.

i Number receiving.

Average.

Number receiving.

Average.

s s gk'g s ssiss'skss sssssssslRange.

S S S

g £ 2

£2 8 3823 *£££ 8Average.

Under 18 00.

I $8.00 to M.OO.

I M 00 to 15.00.

I I5C0 to IS.CO.

16.00 to 17 00.

$7.tOto»8 0U

$8.00 to $10 00

•10.00 and over.

ft 2 8 l i i ^ ISS o S SSS S SSSSSSSS S SSS Range.

M 2 *. : î

S 8

| Under $100.00.

|[•100.00 to $200.00.

$aoo.eo to 1800.00.

$800 00 to $400 00.

1400.00 to $500.00.

$500.00 and over.

l A T e " g ' n u n i b e r

I Number of Individual!.

I Average number of days.

++ m *+ v-»- »-ti I Number of individual!.

S ft g 82S S S$S2SSSS « . » « . » . | Ayerage number of day..

s

£5 «3

o »4

o o

is

601

TABLE 1.—COLLATED STATISTICS FROM FEMALE EMPLOYES—WORK AND WAGES-Continued.SUMMARY 3 - W a g e s and Regularity of Employment.

IPERIODIC WAGE RATE—

FULL TIME. WEEKLY WAGES (REDUCED)—FDLL TIME.

Daily. Weekly. Monthly.

OCC0PATIOHS.

Suspender Makers

Stenographers

: 1 j 1

ia 9 . 2 . . .

Siines, LeatherTampersHeadersSlayersFittersPastersButtonhole Makers..Button SewersLining ClosersBattoners-Edge StitchersVamp Tapper*.......Heel Pasters.LinersPolishersMachine Operators..Lining Makers.Trimmfrs....FinishersN

i !X3 1O» :

i i f124 6.5li n.a,8 6.06 5.57 7.8:6 4.8i.7 7.4 .6 2 . 8 .

12 16 00

3, 8 33

t24i 6 7lj.

8' 5«5|*t> 5 73-1\ 6 3uL

•3.00 to 17.00

7.00 to 10.00

Number Receiving

111;l16 CO . . .

8 33 . . . .

10 10.5 .5 a.a-..3 4.ri .3' 1.6..

6 75 -5 30 .4 I

3 3.y;.4 a s .6; 3.0 .ft 7.6 .3 ! 2 . 0 .2 2 . 0 .

3 i 4

10 6 82 .6 430 .3 5 70 .3 4 50 .2 63a3 6 75 .3 4 SO .6 590 .5 5903 3 44 .2 4 81 .

2? 5 15 .

2.50 to 10.00 5 713.50 to 10.00 6 905.00 to 7.00 5 >b4.W to fc.Ottj 5 735.00 to 8.00 6 SO2.50 to 8.00 5 73.50 to 7.50 5 33.00 to 7.00 4 8

a . . . . ; 4 5 1

!j s'a'i,31

YEARLY E\RN1NGS.

I Number Receiving

3 , 8 3

1J

OUT OFEMPLOYMENT.

Sick-ness.

NoWork.

i -•D "5

3 3 . 3 §g se s s3 2 , 5 5

2 a5 I §

3 O =

=- I I

6.00 to 8.002.50 to 8.f«U 4 3)

r.oo

l i . . . .

I . . . .

$152 to!357>266 . . . .

329 to 460, 383 . . . .

90 to 408 242 2147 to 355 277 . . . .1S6 t > 291 2-'8 . . . .

230 4 32

411

3

2 . . . .5 70 . . . . . . .4 ar t ' . - . . 1 - . . . .

4.00 to4.W to6.00 to 6 504.00 to 8.U0 5 7 a . . . .3.75 to 4.50 4 203.50 to 8.W 6 9 ) . . . .3.00 to 7.50 5 9 0 . . .3.00 to 3.75 3 41 . ..4 00 to 5.50 4 * 1 . . . .2.50 to 9.00 5 15 i

3 .1 . . . .1 . . . .3 . . . -

13

. . . i 1 1 - . . J . . . .

. . . '"'6 '.'.'.'. '."'.'.'.'.'1 . . . . . . . I . . . .

I to2i0 toH3 to147 to153 to164 to90 to

197 to164 to18** to12

I .

I I ....139 tolt>4 to139 to126 to1WJ to9% to

262244 .

281 .177211 .182 .

249 '.172 .

248 . . . .140 . . . .

253 46 24.524J 7 b8

4 152 202 603 72 122 702 211 12

221 1 91 3;...

! 250261219

249246289243176255

264256247291

1781 4I 31241 42 10

1120*"

3 30

107 47.512 498 1025 487 514 266 544 33

10 485 ovi2 18'6 532 533 523 5*5 444 463 521 12

Shoes, Robber, not e s•ified.... . . . .

School Teachers..

Shirt Makers

83' 6.3 .

22 6.7 .

99 6.8.

83 6 9« ! . . . 3.2V to 8.64 5 9 8 . . . . , 1 - . £9 37 13

1 7 IW 21*3900 7.00 to 9.75 9 17! j j 1 . .

991 5 851 . . J I-M to 12.00 5 feoi 5' 11 17; 13 31 U

3 ....i

21....

156 to 39J; 254 .... 1 &:)' 22 ...

ITS to 700; 370 .... 1 3 V6 3

52 to 612 271! 4 18 40 3«> 3

... 28(1 35 10 32 23

2 18 i 3 3.4 20 7ii

4 274 10! 8 82 25

SoScco SSSoooSSSo So o

sI 2

8

g

S

I I I Ox^V

i©

t£ v< »-»••*.*,•.«.-a | Total number reported.

: ; t : : ; : ; : Nuaiber Teeeivi»g.

i I It. tf M^^^^Q^, 1 ^»« reoelvlog.

! : Average.

n t> 88SSS^S£SAverage.

I Number receiving.

Average.

I

8 k

23 &

gggsssss

So?

888

Range.

Average.

Under 18 00.

IM.00 to «i00.

U> O I—'

| MOOtotfi.00.

| $6.00 to *6 00.

118.00 io 17 00.

i «?.QQ ta 18.00.

{ »8.00 to $10.00.

I $10.00 and over.

SBS

2 3

Range.

j AverHgo.

I Under 1100.00.

I 1300.00 to $800.00.

$800.0(1 to $400 00.

3 iM

5

i!

14 8iii

§.4

$600.00 and over.

1 Average number of daye employed.

I Number of individuals.

1 Number of Individuals.

Average number of tlay*.as

>ioavj

i

811

TABLE 2.—COLLATED STATISTICS PROM FEMALE EMPLOYES—SOCIAL CONDITION, INCOMEAND COST OF LIVING.

SUMMARY 1.— Conjugal and Home Conditions.

I

OCCUPATIOHB.

NUMBEB OF INDIVIDUALS.

1O

3o

Book-keeper*

Button Makers, Pearl

Button Makers, I Tory

Box Maker*, Paper

Box Makers, Cigar

Cotton Mills Operatives......

Cigarette Photo. Makers

Corset Makers

Clothing (Men's) Operatives

Cigar and Tobacco Workers

Compositors, Printing

Cloth Wearers

Casket Trimmers

Car Cleaners, Railroad

Domestic Service

6

344

64

158

23

189

12

13

12

94

ISO

21

63

11

67

6

311

64

156

14

187

12

13

12

8

381

1 1

4

i ! l

12

It

1

5

10

11

12

55

7

59

6

308

54

161

16

106

11

8

2

2

241

13

65

&4

151

16

106

1

TABLE 2.—COLLATED STATISTICS FROM FEMALE EMPLOYES—SOCIAL CONDITION, INCOMEAND COST OP LIVING— Continued.

SUMMARY 1—Conjugal and Home Conditions.

OCCUPATIONS.

Dressmakers

Electric Lamp Workers - „

Flax and Jate Worker*.,, . . .

Gingham Mills Operative*

Glass Workers

Glore Makers

Hat (Men's) Operative*...... ,

Hosiery Makers. . . . - . . - . . . . . . . . . . . . . . . .

Knit Qoods Maker*., .

Lamp Workers, Metal and Glass

Laundry Workers

Law Makers

Lead Pencil Makers*

Metal NoTeity Makers .

Mercantile Bfctabiisiunenta— miscellaneous employes

86

316

67

63

64

12

101

82

31

35

107

36

46

60

SI

66

198

56

57

S2

12

95

49

31

S4

94

24

46

58

49

NUMBER OF INDIVIDUALS.

11

13

11

5

13

1

5

2

1

1

1

1

3 :

3

g

6

5

3

1

I

1

11

1

2

3 7

1

2

1

13

24

4

39

6

si

58 9

142 147

49 49

54 5

49 1

6 6

91

44 3

81 ..........

22

73

10

17

52 6

42 1

>

o

aDOHSO

TABLE 2.—COLLATED STATISTICS FROM FEMALE EMPLOYES—SOCIAL CONDITION, INCOMEAND COST OF LIVING—Continued.

SUMMARY 1—Conjugal and Home Conditions

OCCUPATIONS.

Milliners.

Overseeing, Forewomen..

Paper Makers, Wall

Pen Makers ,

Pottery Operatives.....

Phonograph Maker*.. . . . . . . . .

Bug Makers

Silk Mills Operatives

Sewing Machine Factory Operatives..

Sewing Machine Operators

Saleswomen

So&pender Makers

Shoe Factory Operatives, Leather

Shoe Factory Operatives, Rubber

School Teachers

31

11

14

35

830

110

28

305

12

124

•0

7

14

23

106

40

19

12

111

60

30

1

11

NUMBER OF INDIVIDUALS.

£a!S

4

10

5

SO

1

3

6

23

1

2

1

2

6

12

82

11

12

22

93

40

16

278

105

16

218

1

77

25

16

16

3o

3O

J

* * s?

Ill

ffjf.fi

8 8 S S 6 S 8

£ 9 ft S 8 3B

a

Total number reported.

Bingl*.

i'ay reut.

te -a •-• ot

8 8 23 $ K ' S

Board.

Live vrlth parents orother*.

Asslit other* fromwages.

d

0

£ B K

i

! ! l ô

1

QNY noavq; ,911

TABLE 2 — COLLATED STATISTICS FROM FEMALE EMPLOYES —SOCIAL CONDITION, INCOMEAND COST OP LIVING—Continued.

SUMMARY 2.—Rent and Board.

OCCUPATIONS.

REST PAID PEB MONTH. BOARD PAID PER WEEK.

f 28

s1

XTTMBM PATH*©

1I s

2g

3o

3o

Book-keepenu....

Button Maker*, Pearl . . . . . . . . .

Button Makers, I Tory

Box Makers, Paper

Box Makers, Cigar

Cotton Mills Operatires

Cigarette Photo Makers

Corset Makers

Clothing (Men's) Operatives.

Cigar and Tobacco Workers..

Compositors, Print! ng . . . . . . . . .

Cloth Wearers.

Casket Trimmer*...

Car Cleaners, Railroad

Domestic Serrioe.

900

5 87

600

3 25

3 4 0

2 80

390

6

3

33

1

5

10

11

300

300

350

360

283

300

3 85 . . . .

200

4

10

10

p•HCO

TABLB 2,—{JO&LATBD STATISTICS PROM FEMALE EMPLOYES — SOCIAL CONDITION, INCOMEAND COST OP LIVING—Continued.

SUMMARY 2.—Rent and Board.

OCCUPATIONS.

Dreasmakers...,...,..

Electric Lamp Worker*

Flax and Jute Worker* -

GtBgb&sQ Mill* Oper*tlre*. -, ,

Glass Worker*. ,

G1OT« Maker*..,..

Hai(Men'«) OperaUTM

Hosiery Maker*.... ^

Knit Goodg Maker* •

U m p Maker*, Met&I and &Ia*s...

Laandry Worker*.

Lace Maker*

Lead Pencil Makers,

Metal NoreUie* Makers.

MercaJtffJe E*iabli»bmeDU—Ml»c Employe*..

RENT PAID PEB MONTH.

IS

1

*6 9L

7 90

o2S

8 00

2TF1CBXB PAYIHS

930

7 00

33

8 TO

10 00

6 CO

9 m

BOARD PAID PEB WEEK.

13

34

4

a 41

380

2 63

2 25

366

330

2 94

NUMBKK PAYING

300

3 50

350

2 2&

3 30

3 97

12

1

21

1

I

2S

15

TABLE 2.-COLLATED STATISTICS PROM FEMALE BMPLOTES — SOCIAL CONDITION, INCOMEAND COST OP LIVING-Continued.

SXJMMABY 2.—Rent and Board.

OCCUPATION

RENT PAID PER MONTH, BOARD PAID PER WEEK.

Milliners

Overseeing, Forewomen

Paper Makers, Wall

Pen Makers

Pottery Operative*

Phonograph Makers.

Rag Makers

8Uk Mill Ope retire*

Sewing Machine Factory Operative*...

Sewing Machine Operators

Saleswomen

Suspender Makers

Shoe Factory Operatives, Leather

Shoe Factory Operatives, Rubber

flekool Teachers.

NUMBXEPAYING

"I

33 | 7 30

1 ! 6 00

2 7 60

& 940

8 00

10 00

2

o

2

WTTSIBXB PAYING

IS2

13§

$3 76

8 00

336

16

1

6

12

6

26

4

7

82

1L

39

11

6

3 97

350

2 44

365

3 00

380

300

3 00

280

330

8 60

3

13

1

20

4

47

il

24

11

3

j1

! 3; o

o

TABLE 2. — COLLATED STATISTICS FROM FEMALE EMPLOYES — SOCIAL CONDITION, INCOMEAND COST OF LIVINGh-Oontinued. ^

SUMMARY 2.—Rent and Board

OCCUPATIONS.

Shirt Makers

Thread Mills Ope ratlres

Tin Plate np**mtWfm ,. Jx . . . . . . .,

Worsted Mills Operatlres.,

Miscellatteoa*—29 occupations, not classified

Total*.

Num

ber

repo

rtin

g.

6

1

1

7

137

RENT PAID PER MONTH.

N T K I U FAYING

Ave

rage

.

Und

er $

5.

$10 00 . . .

9 00 . . . .

9 00

6 71

17 17 «2

i

1s5

6

$10.

00 a

nd o

ver.

3

I

i

l

29

I1!

5

1

7

9

13

S2

58*

BOARD PAID

Und

er $

3.00

.

$2 50 1 i

3 26

300

360

2 50

326

$3 03

1

%

12

PER WEEK.

22§

6

2

6

10

r . -

191

8

o

1g

I

,!9

863

$5.0

0 an

d ov

er.

112

1

18

I—i

So

3enH

l2 s If

Hi in ww§ 0

a B s 3

o

i S- c •; 5 3

I 8 * * S S &

i lff f i3 ? : i i i

8 8 8 8 8 S g g g S g 8 S S

i8 S 8 8 8 8 5 8 8 8 8 8 8 8

8 S 8 8 8 8 8 8 8 8 8 8 8 8

8 8 8 8 8 8 8 8 8 8 8 8 8

8 8 8 8 8

S M

S g g g

JS_B_« 8

» ft s 8 w H 5!

cc • E w

Number reporting.

Average Income.

Total.

Subilitenc«.

Clothing.

Surplus.

Debts.

Number reporting.

Average amount.

Under 1100.00.

1100.00 to *200.0Q.

$300.00 to $3U0.00.

$800.00 to $400.00.

$400.00 to »60000.

$600.00 and over.

^

• a

c

m

o5

ii

QO

8

ISl ONV


i1

CD'SE 1SI

!o

£8

I8

|3

H

3

•00009* olOO'OOM

•00-008* OUO'OOS*

S S3

" S 8 35 £ 3 3 S3 *•

3 $ 8 2S •

S " " : :

S| SB ss 3 t»

« » S » M

3

s

00

gB

J

3 S

a «I 8 3 3

S8 3 3 3 8

8 8 8 8 8 3 S 8 S 3 8 3 3 8

8 8 8 3 3 3 8 8 3 3 3 8 ? 8

8 8 8 3 8 8"g S 8 8 8 8 3 8

$ g 8 3 3 3 3 8 8 8 3 3 3 3

J i M l

I!

I

B g J S g g g * * s g » g S g g gNumber reporting.

* 8 Arerage income.

8 8 8 8 8 8 8 8 8 8 8 8

8 8 8 8 8 8 8 8 .8 .8 8

E S S S S S S S I S ' B S S S8_8 8 8 8 8 8 8 8 8 S 8 S 8

g g g g g g g. S. 8 g g 8 S 8

8 8 8 8 8 8 8 8 8 8 8 8 8 8

to • o»

ToUl.

Subvistenoe.

Clothing.

Other Items.

Sarplui.

QWO

a;

IINumber reporting.

2 S 8 Sg 8 g §

Avenge amount.

Uoder MOO 00.

•100.00 to *800.00.

$200.00 to tSOO.OO.

$800.00 to MC0.00.

$500 and orer.

SoO

8ST QKV

TABLE 2. —COLLATED STATISTICS PROM FEMALE EMPLOYES —SOCIAL CONDITION, INCOMEAND COST OF LIVING—Continued.

SUMMARY 3.—Income, Expenditures, Savings.

OCCUPATIONS.

Shoe Factory Operative*, Leather

Bhoe Factory Operative*, Rubber

School Teachers

Shirt Makers. . . . . . .

Thread Mill Operatives

Tin Plate Operatives... « >.«...

Underwear (Women**) Workers.

Worsted Mill* Operative* .

Wateb Factory Operatives. . . . . . , . . , . . » . . , „ . .

Miscellaneous—39 occupations, not classified

Total

* Inclusive of former years.

134

83

as99

63

IS

50

106

76

91

AVERAGE AMOUNT OF ANNUAL NUMBEREXPENDITURES. EXPORTING

I354 00

370 00

27100

337 00

196 00

309 00

350 00

177 00

350 00

279 00

354 00

3,877:

195 00

370 00

$147 00

190 00

340 00

17100

1P2 00

156 00

157 00

152 00

176 00

177 00

aau

O

$56 00

54 00

67 00

n*1 5 00

35 00

47 00

33 00

33 00

! i

CLASSIFIED TOTAL EXPEND-ITURES.

NUMBER ESPOBTtNG

g 1 8

5

16.

8 U09 00j 2;

77 CO

77 00; 36 00

CO GO] 38 00 .

73 00 28 00 .

60 00 11 00

18 108 00

166 00.^

46 00 4

17 >

7

1 5 .

15

23

14

81

3:21

23

16......

SI 2

44 1

1257 00 $163 00 $59 00 $36 00 309 107 355 -$1*3 00 Mb Sffl 1,696

30-

17

909 138

•-3

> 1C O

H

•25

H»—iH


TABLE 3.—COLLATED STATISTICS from FEMALE EMPLOYES—PIECE WORK.

Cigarette Photographs.

Plaoe

of

Employment.

Elizabeth

Occupation.

; Cutting; photos $4 00I Cutting photoi 4 60i Gutting photos . . .», 4 00Gutting photo* 4 6%Cutting ptaotoi 5 (K)Gutting photos 5 40

j Gutting photos 5 22Mounting photos 4 92

1 Mounting photon. . . 8 9tfMounting photos . . , ' 4 50

; Mounting photos . . , I 5 40Silvering photos ' 6 IM)

Wages

per

Week.

Price

Received

for the

Piece.

Constitution

of a

Piece.

060606W0606083388SB33

1,000 photos1,000 "1,000 '•1,000 "1,000 "1,000 "1,000 «1,000 ••1,000 M

1,000 «•1,000 "

Quantity Produced.

66,700 photos, per week.75,000 "66,700 "78,000 " "83,600 "90,000 M "87,000 " "14,875 "12,000 "13,625 "

20,000 "

Corsets.

Newark JoiningJoiningJoiningJoiningJoiningJoiningJoining.JoiningJoiningJomlugJoiningJoining ,CordingCordingCordingCordingCordingCordingCordingCordingPress hand . . .Prees h a n d . . . . . . .Press handPress handPress hand . . .PresBhand

$4 404 506 U06 HO6 006 005 506 606 005 004 95fi 50fi 505 606 006 006 006 Hi

Press hand . ,Lace trimmingLace trimming ,Lace trim mlngLace trimming ,Operating on corset waists.()p«rattng on corset waists.Operating on corset waists.Operating on corset waists.Operating on cornet waists.Operating on cornet waists.Operating on corset waists.Operating on cornet waists.Operating on corset waists.Operating uti corset waists.Embroidering.Embroidering.Kmbrolderlug....Corset maker....,Corset maker....Corset maker.,..Corset maker....Corset maker....Corset maker....Corset maker....Steelmaker......Caging

6 006 006 756 606«J06 756 606 HO6 006 50

11 0010 004 006 00a bo5 004 764 (id

a &o6 704 644 254 508 008 005 006 004 904 954 958 504805 006 505 00

10 2020252020th25B0

20205

06

4002084012110810(5542020203020602030

U corsets..12 «la '•12

1213121212121212Viialalau

30 1280 1216 14416 14416 14402 14416 14402 14415 14415 14403 12

12U1212121212121212W12

gin1212121213

264 corsets per week270 "288 " ' |

300 "240 "264 "2642082402978301*92202402062061&8

• i t

< «»

• «i

» »«

» <<

« u» It

t l(

t 11

•

264 "240 "

6,760 "6,620 | |

47*620 •' "5,520

47,6206,3364.800

•

•

•

*

1 (I

1 «i

i ««

t H

2,210 "2,640 "1,000 " "2,400 "8.00U " '*

625 " "150

1,650600 "104670 " "558637540

l.uao178800800804

i 11

1 ««

1 (I

1 «

• «

1

297 "170 *

«

50 ; 144 pieces..07 l o a g e . .

3110 "l.oOU p i e c e s

| 71 "


TABLE 3 —COLLATED STATISTICS from FEMALE EMPLOYES—PIECES WORK—Continued.

Place

of

Employment.

Newark

Occupation.

t,

,<

•

«•«

Binding

Buttonholing

Core

Wagei

per

Week.

$8 0011 0010 005 006 006 60

11 003 008 604 409 009 009 009 00

seta.

Price

Received

for the

Piece.

*0 25161680801010101020

2 0010

66

Constitution

of a

Piece.

12ooriets1212 '12 *1212126060 |

19 '121212 '

••

•••<

Quantity Produced.

884 corsets per week880800 '800240780 '

1,820860420 '864 <61 '

1,080 •900 '166- '

Cotton Goods.

MUlrtUe.

«

,(I I

( <

( i

«<

ti

at

ut <

> i

i (

l <

1 4

M

' *

( i

I t

I I

l i

"

M

i t

WeaverWeaveiWeaveWeaveWeaveiWeaveWeaveWeaveWeaveWeave

;

Weaver

WeaverWeaver

WeaverWeaver,

WeaverWeaver - -WeaveiWeaveWeaveWeaveWeaveWeave

Weave iWeaveiWeave!Weave

*' Weavei" Weave41 W«av*

WarperSlubber

" Hpeede

"K

<<i«

„<»<<

SpeedeSpeed*Speede9Deed«SpeedeSueed-SpeederSpeeder

•• 1 Speeder

r tender

p tender . ,

• tender * ' * "*'• tender. . . . .

tendertendertendertender

$4 022 804 206 004 205 867 008 5i)8 727 607 007 446 758 006 309 38H 206 606 36H 309 209 808 04«> 8t56 809 868 719 006 709 759 248 26

11 008 124 917 Id4 004 37H 00A 507 854 14

8 SH>4 726 655 008 79

1 $0 671 70! 70

70677085627670627525616762

1 10678592706772707867

I 5067

1 607775

1 10651809141009 K10

lowU u11

10 W,09 ^10

52 Tdi of cloth..6 2 ' "62 "62 "62 "

5a626262ft1*

5tf52fffl

52

«

1

1

1 •>

•

1

1

1

i

<

< 11

( <<

< ( 1

«

62 "62 "63 "62 "62 "

<

i

1

,

62 •• "52 "53 "M .1

63 "53 "52 "62 "62 "inn1 ha

1

4

bn. yarn —nk of yarn..

«i it

1 " "<i . .

41 l i

1 " '• » <I I I

' ( '

«

6 pi'tees per week.

6 " "

6 "8 " "

10 " "10 " . "6 u

10 "10 " "12 " if

9 " ••12 " ••10 •' ••14 " ••10 " "6 •• "8

1810141218

12186

10

12

i U< «

1

<(

( 1

t l

• M

\ \\1 II< t>

11 "10 "12 % " "8,800 pounds par week75 hunkti per week84 " ••40 " "46 " "60 ||

70 "

45 "4J *45 '

«

I

1

I

<

66 " "51) " ««

83 4


TABLE 3.—COLLATED STATISTICS from FEMALE EMPLOYES—PIECE WORK—Continued

Cotton Goods.

Millvllle.. Speeder tender ,Speeder tenderSpeeder tenderSpeeder t ender , . . . . , . . . . . , . . .Speeder tenderSpeeder tenderSpeeder tender....Speeder tender....Speeder tender

$6 179 207 307 128 008 »S9868867 60

*0 113* 1 hank of j a m . .

Ufc 1

Quantity Produced.

46 hanki per week.

Bleaching

Sewer *8 00Sewer . . . . ! 6 00Sewer | 6 40

*i 00 | 1,000 outs cloth.. i 4 cuti per week.SO ! 100 " 80 " ••20 100 «• 182 "

Eleotrio Lamps.

Tapping carbons $6 43Tapping carbons j 6 88Tapping oarbons 6 06Tapping carbons 7 IBTapping carbons... 6 00Tapping oarbons 6 77Tapping oarbons 4 65Tapping carboo* 10 86Tapping carbons i 6 06Tapping carbons. I 6 33Tapping oarbons | 7 81Sealing in carbons 4 07Sealing In carbon* I 8 61Sealing in carbons | 4 60Sealing in carbons 6 09SealingJ»carbon* . . . . SSISealing in carbons. . . . , & 42Scaling in carbons 4 24

l Sftaimgln carbons 8 66| Pulling on aarbons & 29

Putting on carbons, 6 48j Putting on carbons 6 06

Putting on carbons 4 71Puttingon carboha 4 84

I Pulling on carbons 6 76i ReflnlniK fibre 4 87

Kerltitng fibre 4 44Rtifinliig fibre 6 32Refining fibre,. . , ., 6 90Refining fibre 6 90Refining fibre 8 40

| Rpliulng fibre................. 4 64| Running fibre 8 91j Refluing fibre I 6 82! Testfng carbon* / 4 41I Testing carbons ; 6 78I Testing carbons 8 87Testing carbons 4 90Working on wires 6 06Working on wir«s . 6 19Testing and cleaning lamps .. & 96Testing and cleaning lamps .. 6 68Testing and cleaning lump* .. 6 07Plunlngfibre.. i 4 44Planliigfibre 8 89Piaof tig fibre 6 44Planlngflbre I 4 34PianJnflflbre ; 8 88Planlngfibre 4 98Socketing lamps »...' 7 17

$0 80SO2020202020SO202020202020202020202<J

1001 00I 001 001 001 00

2618181826262ti'26261818181801010605062626

100 carbons...| 100

100 "100

I 100 '«100 "100

1 100 "100 "10010(11001U0 "100

; 100 "i 100I 100 "

100 "1 100 "

1,000 "1,000 •'1,100 ••1,100 "1,100 "1,100l,(K)0 fibres

i!ouo1,11001,0001,0001,OIK)1,0001,0001,000 csrbons..1,000 ••1,000 u

1,000 "1 box1 "

100 lamps. . .100 "IK) "

1,000 fibres....1,000 "1,000 "1,000 "1,000 "1,000 "

100 lamps.. . .

2,712 carbons per week.2,940 "3,0808,6883,6008,884!a,2746,4348,0802,6848,t5642,0841,8069.2602,6442,6672,7122,1181,8266,2926,4786,0604,7104,8426,760

18,760 fibres per week.24642 "29,626

! 82,7451

13,20017,82815,08419,79134,688 carbODf per week.

| 87,898 ", 2J.676 "

27,864 "i 6J6 boxes per week.I 619 "

11,922 lamps per week.18,260 *r

' 12,188 "17,094 fibres per week.13,184 "20,840 " "16,782 "21,614 "27,6427,170 lamps per week.


TABLE 3.—COLLATED STATISTICS from FEMALE EMPLOYES—PIECE WORK—Continued.

Electric Lamps.

Place

of

Employment.

Occupation. per

Week.

Price

Received

for the

Piece.

Socketing lamps *6 83Socketing lamps 7 28Socketing lamp*, . . , . . . . . fi (54Socketing Inmpii 4 95Socketing lamps 8 10Socketing lamps 6 79Cutting «arbons.. . . . , 4 66Cutting carbons. | 4 90Wrapping bulbs ; 6 05Unwrapping bulbs 8 88Testing lamps ; 6 86Splitting fibre j 8 74Splitting fibre 2 97Splitting fibre 8 30Splitting libra, first splitter....' 4 84Pressing tissue paper j 5 89Pressing tlMiie paper J 6 80Prftsslng tissue paper 6 88Cutting carbons I 4 20Cutting carbons 4 90FlUing-ln getter I 4 OSCleaning bulb*-.....,........*> 8 87

$0 1010101010101818

• 0112050707070901.'

I

Constitution

o f *

Piece.

100 lamps. . . .100 "100 "100 "100 "100 "

1,000 carbons..1,000 '•

76 bu lbs . . . , ,1,000 "

100 lamps1,000 fibres....1,000 "1,0001,000

1 pound...,

11,000 carbons..1,0001,000

76 bu lbs , . . .

Quantity Produced.

6,880 lamps par week.7,280 * r

6,6404,9608,100 "6,790

86,880 carbons87,73826,248 bulbs

18,720 lamps68,484 fibres48,474 "47,190

817,008 "893 pounds464 "436

82,840 carbons37,7*8 ••86.802 "6,881 bulbs

Ginghama.

Camden..

»6 00Gingham wearer. . . . .Gingham weaver. . . . .Gingham wearer.. . . . .Gingham weaverGingham wearer 6 00Gingham wearer 6(H)Gingham wearerGingham wearer,

8 CO6 00

7 004 00

Gingham weaver 4 80Ginghamwearer.. . , . . . . . . . . , ,! 6 00Winder , 4 50Winder 6 00

4 006 006 5

Drawer-lnDr&wer-lnSkein winderSkein winder 6 00

6tf6666666666030834

48 "48 "48 "48 "48 "48 "48 "48 "

1 pound..

1 warp...

6 50 I 01 to02j«, 1 pound..

9 pieces perweek.16 "p •* '*9 '•

11 "18 " •«7 to 8 "

35 pounds per day.38 "17 warps per week.

60 pounds per day.40 to 60 pounds per day.

Hat Trimming:.

Newark. Hat trimming.. |9 00Hat trimming 6 00Hat trimming 6 6«Hat trimming 6 00Hattrimming | 7 00Hattrlmmlng 7 00Hat t r i m m i n g . . . . . . . . . . . . . . . . J 8 00Hat trlHat trlHat trlHat trl

naming H 00naming 7 00mining 6 00mraln m 7 00

Hat trimming 12 00Hattrimmtng 6 00Hat trimming 6 COHattrlraming , 6 00Hattrimming ' 8 00Hattrimming , 9 00Hattrimming 10 00Hattrimming 8 00Hattrimming ; 10 00

$0 6042

4276

1 26608442

1 002660

1 26608060

1 0060

10048

12 lmts

12 J|12121212121212121212 •12 '12 '12 '12 '12 '18 '12 '

216 hats per week.148 " "68 "

171 " ••112 " "67 ••

160 "

20072

88688868

14424019210824096

386


TABLE 3.—COLLATED STATISTICS from FEJMALE EMPLOYES—PIECE WORK—Continued.

Hat Trimming.

Place

of

Employment.

Newark.

Occupation.

Hat trimming.Hat trimming.Hat trimming-Hat trimming.Hat trimming.Hat trimming.Hat trimming.Hat trimmingHat trimming.Hat trimming.Hat trimming.Hat trimming.Hat trimming.Hat trimming.Hat trimmingBinding ,

Wages

per

Week.

$8 008 00

10 007 007 00800

U 0012 0014 0010 0016 0016 0016 0016 009 00

20 00

Price

Received

for the

Piece.

$0 844050

1 00508450

1 0080

1 001 00

503 001 00

8406

Constitution

of a

Piece.

IS hiIS1212122212121212121212121212

itS<<"

• •

«

••

•

tjuaiitity Produced

100 hftm "*»«"240 'S40 '

84 '168 'HW *238 '144 •660 •120 •180 '860 '40 '

192 •129 '

4,000 '

week.

« u' «i »»

< u••

«•

<«

Sewing Machines.

Elizabeth. \ Threading (needle-eye pal-t) lining) \S Threading (needle-eye pol- >I Jshlng), yNeedle-eye polishingNeedle-eye polishingGrinding needle pointsGrinding needlti point*Needle InspectingNeedle InspectingNeedle inspecting ,Punching needle eye*Punching needle eyetPunching needle eyesPunching needle eyesPiektng needlesPicking needlesOrnamental transferringOrnamental transferringOrnamental transferringOrnamental transferringOrnamental transferringOrnamental transferringWiring workWiring workWiring workWiring workWiring workWiring workBmall spring makingSmall sprlug makingSmall spring making

4 60

4 SO7 607 808 108 406 606 306 006 006 806 906 726 606 606 006 606 807 Rft6 908 106 00tf 306 606 808 007 005 704 606 60

10 IS

1206068388352526151516150202

02}$02}$02?0 2 ^02 jj03<ii02020203VO1 010

1,000 needles... .

1.0001,0001,600 *'1,000 "1,000 "1,000 "1,000 "1,000 "1,000 M

1,000 "1,000 "1,000 '•1,0001,000 "

1 machine. . .1 "1 "1 tl

1 *'1 tf

100 pieces100 "11K) "100 "100 "100 "100spring* . . .100 "100 "

87,500 needles per wee

36,000126,000180,000 " •24.B0O " '26,45526,40U "25,20024,00040,00044,000 " •46,00044,900

8X0.000 "830,000 •' '

i

240 pieoes per week.264 " '252 "»0« " •276 " '8J4 "

80,000 "H 1,600 "3J.600 "29,000 "40,000 "85,000 ••

i

5,700 spring* per week4 500 " "6,600 "

Shirts.

Elisabeth., Shirt operativeShirt hemmingShirt operativeShirt operativeBhlrt operativeBhirt joining

{ Shirt operatlreI Shirt joining

Shirt operativeShirt operative

$4 509 008 754 m7 504 806 GO4 806 006 00

$0 08 13 pairs sleeves.03J$ 12 shir ts16 12 bodies08 12 p&irt sleeves18 12 shirts07 12 "18 ISbodlas08 12 shirts18 12 bodies15 12 collars

676 pieces per week.720 "800449H93

720892480

130 •STATISTICS OF LABOR AND INDUSTRIES.

TABLE 3—COLLATED STATISTICS from FEMALE EMPLOYES—PIECE WORK—Continued.

Shirts.

PlftO©

of

Employment.

Elizabeth.......

Occupation.

Wages

Week.

Paterson,.

Shirt joining *6 40SUtrt joining 6 60Hhlrt operative 4 60Shirt joining 6 60Shirt joining...Shirt operative,Shirt Joining,..Shirt joining ..Shirt operativeShin buttom...Shirt operativeShirt operativeShirt operative,Shirt operative.Shirt operative

5 506 006 006 606 606 005 006 004 604 504 80

Shirt joining. 6 60OL.1-A *_- .~_A*~ * ft. At\Shirt operativeShirt operatWeShirt operativeShirt joiningShirt operativeShirt buttonholesShirt operativeShirt operativeShirt buttonholesShir* operativeShirt operativeShirt joiningShirt operative .Shirt joiningShirt buttonholesghtrt yoke and neckband

6 406 606004 806 50

l'J 606 006 007 006 007 604 666 40H 906 50760

Price

Received

for the

Piece.

Constitution

of a

Piece.

Quantity Produced.

•0 08H251)7101005

10

8"08082080180928100280W1886*0716071224

19 shirts19 "12 bodies12 shirts12 "12 pairs sleeves.12 shirts12 4<

19 bodies12 shirts12 bodies19 pairs sleeves.W19 bodies12 pairs sleeves.12 shirtsId bodies12 "12 "12 shirts19 bodies12 shirts. . . . . . . .12 collar bands.12 bodies12 shirts12 bodies ,12 "12»hlrts12 bodiesIJ shirts12 ••12 "

Shoes (leather)

I Putting on lips1 Putting on tip*Seaming.Pressing and turning

iQuarter stitohlngBogging...

Newark^

New Brunswick.NewarkNew Brunswick.

" Bogging.Newark Top stitchingNew Brunswick. TurningNewark . . . KittingNew Brunswick. 'Fitting

IstaylngNewark Polishing

" jPolishlng..Barring button holesFinishing button holesButtonholing...Buttonholing , . . . , . . .

NewBruuswIck. ButtonholingNewark.. Buttonholing

Trimming »Trimming

New Brunswick. Lining makingNewark Lining making »

Lining making .'.Lining making.....Pasting soles...Beading,Beading.Closing linings.,(1st closing.......i9d closinglist closing..Closing Mnings..Vamping *

4 606 007 60* DO

8 107 606 009 006 006 008 103 764 608 504 006 006 007 606 008 75

7 506 607 006 608 006 007 006 006 006 006 6ti7 004 50

*0 3020262080806580308080191508060464040409

26962625012828f>02060166050

60 pairs . . . . . . .80 "60 "60 "60 "60 "60 "60 '•60 "6u "60 "HO "60 "60 "60 "

100 holes100 **100 "100 "60 pairs

60 "60 "HO "60 "

1 Insole60 pa'rs60 "60 (<

60 "60 "60 "m ••60 "

1,8)0 pairs per week.1000 " "1,800 M

1 , 6 0 0 • " "

1,620 " "1,600

6541,8001,0001^001 620 *1*8761,8009,62-d4.000

16,000 h(16,00018 750

• "* •«« i<

1 "

1

•

las**

1 ft. 000 "2,502 pairs

l|800 "1,820 "l,t>80 "1.660 "

800 p ieces1,286 pairs1,506 "

790 "1,800 •«

720 ««2,488 M

840 '•540

*1

1

<1

11

'1

•1

< I


TABLE 3.—COLLATED STATISTICS from FEMALE EMPLOYES—PIECE WORK—Continued.

Shoes (leather).

PJRce

of

Employment.

Newark

New Brunswick.Newark

Occupation.

VampingVamping..VampingTampingVampiagVamping.Sawing ButtonsPasting heels

Wagei

per

Weak.

$6 007 (J(J8 00600BOO7608 006 00

Price

Received

for the

Piece.

$0 60I 30

601 20

603(11608K

Constitution

of a

Piece.

60 pain60 "60 "00 "60 "60 "60 "1 block ,

Quantity Produced.

720 pain per week.860 "960 "800 "730 u

1,600 "8,300 "

171 pieces "

Silk Goods.

Jersey City Winder $10 00Paterson Winder 6 00

•• VftrnVBT.. 6 60Jersey City Weaver 6 00Hoboken t Weaver 6 00

I Weaver ; 6 00Paterson \ Weaver 6 00Jersey City Weaver 6 00Paterson i Weaver I 7 60Hobokmi Weaver 7 00

" Weaver 6 00

Paterson . . . . . . . .Hoboktm

WeaverWeaverWeaverWWeaverWeaver

H 007 007 00

, 6 00Paturson i Weaver 7 20Hoboken i Weaver . . 7 60

" i Weaver. . I 6 00Paterson i Weaver 8 00

Wearer I 9 0044 Weaver 10 00

Hoboken Weaver 8 (JOPaterson 'Weaver . , 8 U0Iloboken Weaver 6 00

Weaver H 00Weaver 7 00Weaver 7 00

Paternon. Weaver 1(100Hoboken Weaver 7 00

Weaver 6 00Paterson Weaver 11 dO

Weaver H 00Hoboken Weaver 6 CO

Weaver 7 00Paterson Weaver 6 00

" Picker 8 00" Picker 7 60

Picker 10 00Hob.jken Picker 6 00Union Hill Warper 10 00Hoboken Winder 6 00Paterson Winder 7 50Iloboken Winder 6 00

" Winder 6 00Paterson Winder 7 00Hoboken Winder 6 00

" Winder 10 00Winder 7 00

Pateraon Winder 9 00Hoboken Windnr l R 00

44 Winder 8 0044 Winder . . . . j 8 0044 Winder i 8 00

Paterson • Winder ' 9 60Winder 7 <>0Winder 7 (H)

Hoboken Winder 8 00

6o to 12oI2o$5-005c6c and 8c6o and 7c60c, 70c5oand 6c$3.027o and 8ctic and 7cKo,10c6a and go

1 pound 14 to 33 pounds per day.1 " 8 to 10 "

60 yards 65 yards per week.1 yard..

1I dot hdkfs . . . , 1

1 yard60and 65 yards.,

l y a r d

1 "1 "

. Idoz.hdkfs . . . .,6c and 7o lyard ,

$7.20 40 yards1 7c, l ie I 1 yard

6c and 6c 1 "5c to l ie I 60 yards?8 to 123 ; bO to 100 yard* .. i w -7c to 86c 60 yards ' 48 to 108 yards per week.tic and 7c, 1 yard ; 140 yardsjper week.$1.60 1 dozen 1 dozen per day6c and 6c 1 yard 110 yards per week.7c to 9c * "

100120100

1 to 2 doz per day.100 yards per week.124 " "100 "100 " "100 " "110 "

1 to 2 dozena per day.108 yards per week.40 " "86 "

120 "90 "

6c to 8c

7c to 8c6c to 8c7c to 85clie6c and 8cfie and 7c6c

01kj to 0lJ>$

01J46 to 26

10 to 166 to 26& to 12

106 to 256 to 265 to 26

12 to 206 to 256 to 266 to 126 to 12

12 to 17

10 to 166 to 12

g«•

yard

I "1 "10 yards ribbon1(> '•10 " "lyard

100 yds, 100 ende1 pound1 "I1 «'1I1111I "1 "11 "1 <4

1

100 "182 •' "100 " '4120 " ''

160 yds at 7c; 80 yds at 86c78 yards per week

100 4< "110 " "120 "tfO to 70 pieces per day.

H)0Q to MOO jj'cen per weel1600 to 2000 "600 yards per week.

2000 yards per day.j Vary with prices.i 6 to 12 pounds per day.1 4 to 20 "i 8 to 20 "| 10 to 12

4 to 17fi to 86 " '4 to 2a "

12 to 16 " *4 to 20 "6 to 26 " '

11 to 26 "11 to 26 ••10 to 14 |'

7 to 10 "11 to 26 44 i


TABLE 3,—COLLATED STATISTICS from FEMALE EMPLOYES—PIECE WORK—Continued.

Miscellaneous

Place

of

Employment.

VlnelandNewark^

<<«<••' •

"

West Hoboken...Newark

"«•««

PatersonNewark

i t

Mlllvllle

4'

West Hoboken..

4414

Riverside.New Brunswick.CamdenNewark

44

Newark»

44

Occupation.

Carding pearl buttonsCarding pearl buttonsCarding pearl buttonsCarding pearl buttonsCarding pearl buttons

Carding pearl buttonsCarding pearl buttons

Paper box making

Paper box makingPaper box making

Paper box makingPaper box making

Cloth weaver

Cloth weaver

Glas« packer

Glass packer

Washer of bottles

Glove making

Gtore making

Hosiery knitter

Hosiery mender

Ironing shirtsIroning shirts

J Phonographs, winding ar-£

<i Phonographs, winding ar-|>) matures \\Phonographs, winding ar->

5 Phonographs, polishing/

Wages '

per

Week. •

»6 00826

12 009 00

10 0011 0010 00960

10 50

6 505 007 506 505 007 206 789 107 ao6 009 359 359 008048 04

5 408 158 124 507 30

Price

Received

for the

Piece.

$0 040505050606060505

090940

1 W09201010

S 3 *09

1 506767

8 00

9 00

9 50

6 60

Constitution

of a

Piece.

144 buttons..144144144144144 "144144144 44

12 boxes12 «•12 "100 "100 shirt boxes.12 boxes12 "12 "12 £12 «412 "

52 yards cloth.62 "

0 1 * 1 groasbottles.01V.

01*'

Quantity Produced.

21,600 buttons per week.28,760 '34,66035,92028,800

01*

5 406 764 804 00

7 008 006 009 007 007 oo :6 006 00

5 008 607 85

8 008 00

10 009 009 50

10 5011 0011 00

5 406 506 004 00 I

01*01*2012

1007080707080808

201606

050606050»050606

07*252514

111 "1 pair

12 gloves..I pair.

12 gloves

13 "

I doz. stock'gs

I "

L shirt

••••• «'«

«•

1 reel1 box, 12 dozen1 «t reel

12 armatures ..

12

12

144 cylinders....

18,80037,88030,240

782 boxes per week.673 « "996 ••875 " "818 "980 "816 " "

1,140 "864 "

1,200 " "1,110 " "1,280 " "

6 pieces per week.

13 "

860 gross per week.210 <4 "210 4I

300 "410 "HtfO (1

450 "24 "

70 pairs per week.

900 gloves per week.129 pairs per week.100 "

1,060 gloves per week.800 " '900 "

36 dozen per week.4 dozen per day.

16 to 25 dozen per day.

160 shirts per week.188 4« "200 l( "180 "190 4* "aio "

183 "

12 to 18 reels per day.6 boxes per day.4 to 6 h.)xes per day.6 reels per day.

878 armatures per week

1,038

1,044 cylinders per week.

WOMEN'S WORK AND WAGES. 133

TABLE 3.—COLLATED STATISTICS from FEMALE EMPLOYES—PIECE WORK-Oonttnued.

Miscellaneous,

Place

of

Employment.

Newark .

Elizabeth..

Oocupatlon.

Phonograph!, polishing?,wax oylinden ,.)

Phonograph!, polishing/sapphires j

\ Phonographs, polishing/I sapphires {

(Rubber garments, operat-?\ ing on machine )^Rubber garments, operateI Ing on machine \\ Rubber garments, operat-J') ing on machine (SRubber garments, operat-/( ing on machine .....)

.; Thread winderThread winder

New BruatwtQk. Typesetting.,Typesetting.Typesett'\ Typesetting,

I Typesettingi Typesetting,I Typesetting..I Typesetting..1 Typesetting..

Wages

per

Week.

$6 50

800

8 00

860

8 00

8 00

b 00

9 00800

4 003 00H 504 004 00000760650

Price

Recelred

{or the

Piece.

*0 96

05

05

SO

36

25

30

13,1418,14

3035

36SO358535

Constitution

of a

Pleoe.

144 cylinders...

1 sapphire...

1 "

I garment,..

1

1

1

18 hanks18

[,000 ems1,0001,000 '1,000 •1,000 •1,000 '1,000 '1,000 '

Quantiiy Produced.

1,152 cylinders per week.

160 sapphires per week.

160 '« •' '

43'garments per w«ek.

81 " "

82

17 '• "

10 to 16 parcels per day.8 to 14 " "

20,000 ems per week.12,000 '17,600 '16,000 '20,00024,000 4

30,000 '26,000

> i t

< •«

< ««

1 H

1 n


TABLE 4—ESTABLISHMENTS —WORK TIME AND WAGES.

NATURE OF BUSINESS.

ii

18

14

15

1617

1819

SO2138

33

24

26

26

*7

38

S9

80

81

83

88

U

n87

CorsetsWaists..

Silk RibbonsSilk RibbonsSilk RtbbomBilk Dress Goods..Broad 8hk

I Pearl Buttons..Pearl Buttons..

I Ivory Buttons..i Pearl Buttons..

Fancy Dress Goods

, Saddlery and Harness Trimmings..

' Wall Paper

Paper Boxes...Paper Boxes...

Soft Fur Hats.Soft Fur Hats.

Shoes.,Shoes..Shoes.,

Rubber Boots and Shoes

Mechanical Rubber Goods

Sewing Machines.,

Book Binding

Purse Bag and Pocket Books..

Knit Underwear

Gingham Goods

Hjdraulio Hose

Fancy Woolen Yarns

Pine Worsted Yarn*....

Electroplating -

M>.ta( Goods Nbveftfe*

Canned Goods..Oanned Goods..

NUMBER OF DAYSESTABLISHMENT IN OPERATION PROM

JUNE J, 1S92, TO JUNE 1, 1893.

Stamping Patterns and Fancy Articles...

Children'* Clothing

Clothing, Custom Wore

Cigars.Cigars.

H04BOB

8088958188088t6808

102807102

800

aoo812

318813

310

304806

270288808806

10101

102

800

226

235

813813

296800270

806

300

811

868

807

812

200

807888

240200270

800

U00

9fi4

808

807

808

397

806

276

266812

200

800

248

5540

1H28

18

13


TABLE 4—ESTABLISHMENTS —WORK TIME AND WAGES.(Continued)

HOURS OF DAILY LABOR.

sa910

101010101010

101010

10

10

10

1010

101010

IQ

10

10

9

10

iox10

10*

10

10

10

1010

9

10

1010

• (

910

101010101010

101010

10

10

10

1010

101010

10

10

10

9

10

10%

10

IOM10

10

10

1010

9

10

1010

t

o

910

10101010Hi10

101010

10

10

10

1010

101010

10

10

10

10

10

mi10

10*

10

10

10

1010

9

10

1010

ao

5

556fi55

96105

5

9

10

56

5

5

10

6

5

6

6

8*

6

fi

5

6

9

69

5

9

56


TABLE 4 — ESTABLISHMENTS — WORK TIME AND WAGES.(Continued )

NATURE OF BUSINESS.

Corsets....Waists .

Silk..Bilk RibbonsSilk Ribbons ,Silk Ribbons ,Silk Dress (lood*..Broad Silk ,

Pearl Buttons.,Pearl Button*.,Ivory Buttons.,fearl Buttons.,

Fancy Dress Goods

Saddlery and Harness Trimmings...

Wall Paper

Paper Boxes ...Paper Boxes ...

Soft Pur Hats..Soft Fur Hats..

Shoes..Shoes..Shoes.,

Rubber Boots and Shoes

Meohanloal Rubber Gv)ods ,

Sewing machines ,

Book Binding

Purse Bag and Pocket Books..,

Knit Underwear

Gingham Goods

Hydraulic Hose

Fancy Woolen Yarns

Fine Worsted Yarns

Electro Plating ,

Metal Goods Novelties

Canned Goods...Canned Goods...

Stamping Patterns and Fancy A rHoles.

Children's Clothing...,

Clothing, OuMtom Work

Cigars.Cigars.

RANGE OF WAUES PER WEEK.

$16.00 to6.60 to

10.00 to12.00 to6.60 to7.10 to13.00 to7.50 to

12.00 to

moo9.00 to0.00 to

fl.Ofl to

13.43 to

4.60 to6.00 tn9.00 to

8.00 to10.00 to

7.00 lo10.00 to9.00 to

6.00 to

6.00 to

8.00 to

U8.009.60

16.0020.0018.0020.0035.00».6O

18.0B

16.0018.00

14.50

14.88

34.00

16.0016 00

26.0083.00

«0.0()16.0018.00

16.00

13.00

18.00

5.00 to

6.00 to

8.60 to

9.00 to

8.00 to

10,00 to

7.36 to

7.00 to9.00 to

9.00 to

6.00 to

10.00 to

10,00 to10.00 to

16.00

18.00

26.00

16.00

16.00

15.00

30.00

30.0030.00

18.00

17.00

80.0016.00

$6.00 to3.76 to

8.60 to1M to5.60 to6.00 to6.00 to4.46 to

4.60 to4.00 to8.60 to7.00

6.00 lo

6.01 to

6.00 to

8.50 to6.10 to

8.00 to5.00 lo

3.00 to8.00 to

7.00

0.00 to

5.00

6.00 to

8.50 to

4,00 to

5.00 to

4.80 to

6.00 to

6.00

4.50 to

12.00

6.00 to5.00 to4.50 to

8.00 to

4.00 to

fi.Otf

8.00 to5.00 to

$6.70 ' $3.198.86 !

8.00 !12.00 ' 8.0018.00 ! 6.6<)11.00 ,....10.00 :?.()() to $6,6011.80

5.006.609.00

10.00

8.05

7.00

7.608.00

18.0010.00

16.0010.00

8.06 to 8.86

».«> to 4.00

6.60

8.00

10.OX)

8.00

6.50

10.00

13.(K)

9.00

8.60

7.609.00

8.00

6.00

9.0016.00

3.00 to 4.00

4.80

6.00

8.00 to 6.00

8.008.00 to 460


TABLE 4 — ESTABLISHMENTS — WORK TIME AND WAGES.(Continued.)

WEEKLY WAGES OF WOMEN.

80

30020289

491443

•6 708 86

800ia oo18 0011 0010 0011 806 00660

•6 066 606507 008 00

10 009 009004604 00

15 80636

8 607 006607 608 008 46

t&OO6 00

6607 007 60

iI t 66400 1 18 96

i600 i . . . . , !..6 60 ! 71 6 00 L

•2 76

7 00

10 00

805

700

7 50800

18 0010 00

16 007 00700

6 00

60S

6 00

6 007 00

16 006 00

10 00

6006 00

14 00

869660

19 00 94. 8 00i,

19 6 00

1861 6.00 under

l j 6 506 6.00 to 10.00

19 00

9 00

I

850

500

88 6.60 to 6.00

l ! 19 00

4; 18 71

lOt 7 5016 4.60 to 9.00

6.00 to800

5 60

4.00 to 6.00

10 00

6 67

00

860

4 00

8 00

600

600

4.50 to 6.00

800

600

600

90015 00

785

600600

6 00

4 00

796

1.00 to 7.60

600

636

6 00

600

480

19 6 00

3 8 00941 5.00 to 9.00

10

138 STATISTICS OF LABOR AND INDUSTRIES

TABLE 4.—ESTABLISHMENTS—WORK TIME AND WAGES.(Continued.)

424g

45

46

47

NATURE OF BUBINESS.

NUMBER OK DAYSESTABLISHMENTS IN OPERATION PROM

JUNE ls 1892, TO JUNE I , 1888.

Steam Laundry

Steam Laundry

Medicated P\art«B.

Hemstitching Work

Pottery, Sanitary...

Tile

818818

800

106

818818

126

800

806


TABLE 4,—ESTABLISHMENTS—WOBK TIME AND WAGES.(Continued.)

HOURS OF DAILY LABOR.

110

10

9

10

9

a

IO'*

id

9

10

9

§

i1010

10

9

10

9

I§

410

5

8

&

6

NUMBER EMPLOYED,

i*

g5

46

1

160

84

d

|

1515

150

7

60

12

aV

JaO

74

15

15

WHEN W4GES AREPAID.

WeeklyWeekij

Bi-Weekly

Weekly

Weekly

Weekly


TABLE 4.-BSTABLISHMENTS--WORK TIME AND WAGES.(Oontinued)

Staam Laundry....Steam Laundry . . . .

Medicated Plaiten

Hemstitching Work

Pottery, Sanitary ..

Tile


TABLE 4.—ESTABLISHMENTS—WORK TIME AND WAGES.(Continued.)

*

111 0011 00

6 00

6 00

14s

40

2

WEEKLY WAGES OF WOMEN.

7 00 26

7 60 , 6

$10 609fiO

650

4 60

6 00

600

I

18 008 00

5 00

3 60

$7 60660

•7 00ft 00

1

iji1 »« 0.1 460

16 00

PART V.

Co-operative Building andLoan Associations of

New Jersey.

(143)

PART V.

Co-operative Building and LoanAssociations of New Jersey.

The report of the Bureau for 1892 gave the number of associa-tions ia existence in this State, near the close of that year, at291. Of these, 7 have dropped out since then, aud 14 newassociations have begun operations, making the number enu-merated in the present, 1893, report, 298. This latter numberincludes three associations from which no returns have beenreceived :

Trenton, People's,New Brunswick, People's.Paterson, Iron and Silk.

In case of the latter two associations, statements were promisedby the respective secretaries, after several reminders, but failedfor some reason to materialize. From the Trenton association'sofficials the Bureau has had no information. As was stated inthe last report, this association was incorporated in the Mercercounty clerk's office in 1890, but has no office in Trenton atpresent, and, practically, is but a branch of a national, of thesame name, located at Geneva, N. Y.

The new incorporations, up to the end of June, 1893, whichhave started operations during the year, are, with date of incor-poration :

Bergen county—Building and Loan Association, Fort Lee,December 27th, 1892; Building and Loan, Bogota, March 31st,1893; Saddle River Township Building and Loan, Fairlawn, May1st, 1893; Progressive Building and Loan, Hillsdale, May 1st,1893.

(145)


Caraden county—Eastern Union, Camden, February 26th,1893. This is a so-called national.

Cumberland county—Columbian Perpetuul, Millville, October19th, 1892.

Essex county—Beneficial, March 18th, 1893 ; Court House,June 23d, 1803; Improved, April 12th, 18.93: ami the MutualLand and Home, which was incorporated in January, 1892, butdid not go into operation until December, 1898. All these asso-ciations are located in Newark.

Mercer county—People's, Hopewell, March 18th, 1893.Middlesex county—Citizens', December 22d, 1892 ; and Perth

Amboy, October 20th, 1892. Both in Perth Amboy.Union county—Garwood Building and Loan Association,

Garwood, November 24th, 1892.The following associations were incorporated during the past

year, but have not been organized for business :Cape May county—Avalon Home Builders, Avalon borough,

February 1st, 1893.Cumberland county—Farmers' and Tradesmen's, Vineland,

June 2d, 1893.Essex county—Columbia, Newark, May 18th, 1893.Hudson county—No Interest, Jersey City, May 18th, 1893.Middlesex county—Fidelity, New Brunswick, April 15th,

1893.Union county—Mutual Land and Building Syndicate, Lor-

raine, June 1st, 1893.Of the old associations which have ceased to exist, there were

four terminating, or one-series concerns, whose shares reachedtheir matured value :

Fieldsboro, Burlington county, Building and Loan.Flemington, Hunterdon county, Building and Loan, No. 3.Perth Amboy, Middlesex county, Workingman's.Raritan, Somerset county, Building and Loan.The Fidelity, of Camden; Progressive, a colored men's associa-

tion of Newark, and Aldene, of Jersey City, all serials, haveclosed up business. No reasons for such a course have beenreported. The American, of New Brunswick, a terminatingassociation, ceased to receive installment dues in June, and is(•xpected to be wound up in the course of the year.

CO-OPERATIVE BUILDING AND LOAN ASSOCIATIONS. 147

The net increase in the number of associations during the yearhas been 7. Of the 19 new associations incorporated, 13 havebegun operations, in addition to one incorporated in 1892. Inthe latter year there were 37 new incorporations, 27 of whichare now in existence. In 1892 there were 11 old associationswhich dropped out, including the winding up of 2 terminatingconcerns. In 1893, the number was 7, including 4 terminatingassociations which matured their shares. The comparative state-ment, by localities, of the number of associations in existence in1892 and 1893, and of the new associations incorporated and inoperation in 1893, follows on page 148.

All the statements of reporting associations are tabulated inthe detailed tables below, NOB. 2, 3 and 4. In case of two of thenon-reporting associations, the totals for 1892 have been usedfor the summaries; the Trenton People's has not been included.Of the 295 associations from which statements have beenreceived, those from 77 were either entirely unverified or onlyincompletely verified—a fact noted in the foot-notes to Table 2.In 1892 there were 51 secretaries who failed to comply with thelegislative requirement to send in returns verified by both treas-urer and auditors. These unverified returns include those frommost of the newly-incorporated associations, from which, gener-ally not yet being a year in operation, strict and full reportshardly can be expected. But with the larger number of theolder associations this failure to have the statements to theBureau duly sworn to is due to carelessness or negligence of thesecretaries. The office frequently has requests for the financialstanding of particular associations, but invaribly refuses to giveother information than is contained in the detailed tables of theannual reports, where all the data received are compiled. It is,therefore, to the interest of the associations to have their officialstatements legally verified. It is to the interest, also, of theshareholders of the respective associations to insist that auditorsmake a bona fide audit, and that the results are attested as thelaw prescribes.

The 14 new associations of 1893 comprise one " homestead/'the Mutual Land and Home, of Newark, about which more issaid under "Statements" below; 2 other terminating; 4 per-petual, that is, where each Bhare or block of shares virtually con-


LQCATIOS,

Atlantic countyAtlantic CityHam m on ton

Bergen countyBurlington county....

BurlingtonMount Holly

Camden countyCamden ,Gloucester City

Cape May countyCumberland county.

BridgetonMilmlle

E«*ex countyNewark

Gloucester county....Hudson county

Jersey CityBayonneHoboken

Hunterdon county...Mercer county

TrentonMiddlesex county.. .

New BrunswickPerth Amboy

Monmouth county...Morris county.........Ocean countyPaêaic county

PatersonPassaic

Salem countySomerset county.....ftuHsex countyUnion county

ElizabethPlainfleld

Warren county..

TOTAL IN OPERATION.

1893.

Total.... f298 I

83

' 2

2017

23

3121

28724

65627

493831284

188fi

31

1814

a34I

17o2

2

1892.

832

ltt18

23

812128623

6-249

75030

H1

374

1784i)

1181438f>1

IB92

291

NEWASSOCIATIONS,

I&

8a

©

o

1 9 I J 1 - 4

*1

* l

• i "

*1

* Terminating t Including the Trenton national,incorporated in 1892 \ Including four terminating. is above noted. % Inclusive of one


Btitutes a series, and 7 serial. Of the latter, the Eastern Union,of Camden, is one of the national associations incorporated inNew Jersey but doing the bulk of business outside.

The nationals generally work under the perpetual plan, but ofthose incorporated in this State there are 3 serials and only 2perpetuals. One of the two State associations is a serial, theother a perpetual. As will be noticed from the summary tablefollowing, on page 150, the totals for 1893 show 268 serials, 23terminating and 17 perpetual associations. The latter have beengradually increasing in number since 1886, when there were but3 in this State; while terminating concerns, comprising 28of the 163 associations in operation that "year, and a larger pro-portion before that period, appear to be becoming smaller actuallyas well as relatively.

There are no foreign nationals lawfully doing business in thisState, none having complied with the provisions of the act of1890, which requires a deposit of $30,000, with the Bank Departnient, of cash or approved securities. How far illegitimate opera-tions are here conducted the Bureau has no authentic information.The nationals incorporated or re-incorporated in this State underour building and loan association law number now 5, exdusive ofthe two " State " associations, the State Mutual, of Camden, andthe New Jersey Building Loan and Investment Company, ofTrenton. These latter do business entirely within the State, or-gauiztng branches in the different localities, while the nationalshave but a fraction of their business in New Jersey. Thenationals are :

Eastern Union, Camden.Mutual Guarantee, Camden.Chosen Friends' Home, Newark.People's, Trenton.*Mutual Land and Building Syndicate, Jersey City.

This number is exclusive of any which may have been incor-porated since June, 1893, to which date the Bureau's records onlyextend. Neither does the list given include the Avalon CityBuilding and Lpan Association, incorporated in Cape May countyin 1889, but transacting its business mainly in Philadelphia, Pa.,

* No information.

COUNTIES.*

Atlantic.Bergen.Burlington.Camden..

CamdenCape May.Cumberland .Essex

Newark ....Gloucester.Hudson. .

Jersey City..Hobokea

Hunteidon.Mercer.

Trenton..Middlesex .

New Brunswick..Perth Amboy

MOD mouth .Morris.Ocean.Passaic

Passaic.SalemSomerset

1892. 1891. 1890. 1888

UnionElizabeth

Warren

Total 17 1254 24 13 |236 27 12 ! 220 30 7 185 I 28

§

I 2!

<3

* City tot*lt included in county totals.

OO-OPERATIVR BUILDING AND LOAN ASSOCIATIONS. 151

where the office is located, it does not appear to have any of thenational characteristics, however. In two cases of the nationalsnamed above, the New Jersey office seems to be merely nominal.All such enterprises have one general or chief office, and branches,or subdivisions, in all localities where there is a prospect of doingbusiness. These branches are managed by agents, usually work-ing under commissions on business secured. The Bame methodis pursued by the State associations mentioned above. Therecan, of course, be little of co-operation in such a system; and itis a serious query, therefore, whether our present legislation evercontemplated this extension of the building and loan effort, andwhether it can be safely done under it. Outside of these objec-tions, however, the plan has some good features, and could btfmade of real advantage under proper legislative restrictions.

Statistically these associations disturb the symmetry of thetables. Their data are tabulated under the counties in whichthey have been incorporated, which is the only practicablemethod; but in reality their business is transacted all over theState, and, in case of the nationals, largely outside of the State,as observed. The latter, with one exception, are, as yet, com-paratively insignificant; but the tabulations of the two u State "associations make the totals of the various items for the respec-tive counties, in which the principal offices are located, con-siderably larger than they should be, especially in the sum of theshares. The branch counties are not credited with the businesswhich really belongs to them. The State Mutual, of Camden,and the New Jersey Association, of Trenton, are reported eachto have in the neighborhood of 100 branches scattered through-out the State. The total number of shares outstanding is 17,811and 19,976, respectively, which appear under the Camden andMercer totals. But this is of no practical moment, as the busi-ness all belongs in the State, which is the case with only aboutone-seventh of the transactions of the nationals. The fournationals reporting had 27,529 shares outstanding, with $248,712in net assets. The Avalon City Association, referred to above,largely composed of Philadelphian membership, may increasethese figures on towards $283,089 in assets and 28,394 shares.Three of these associations, only, reported the number of sharesowned by New Jersey shareholders :


NetAssets. Total

Shares.1,754

21,3623,221

New JerseyShates.

' 2932,668

816

Eastern Union, Camden $11,247Mutual Guarantee, Camden 168,751Chosen Friends, Newark 64,871

Total $244,869 26,337 3,786

Taking this as a basis of calculation it is estimated that the 5associations in question have 2,700 foreign or non-resident share-holders holding 24,500 shares, valued at $242,000, and 200 bor-rowers with 2,000 pledged shares.* To this extent the figuresgiven below will have to be modified if stricly New Jersey dataof the 297 associations tabulated are to be taken into accountonly. Outside of this, it is probable that any further transactionsbeyond the State by our other associations are more than counter-balanced by the interests held in them by shareholders whoreside in the border States of Pennsylvania and New York.f

The usual comparative summary of principal data of the NewJersey associations in operation during the past four years, asreported, is given below. In cases, where from a few of theassociations one or more of the items were not forthcoming, themissing figures have been calculated on the basis of the returnsfrom the other reporting associations. Except where otherwisenoted, this method has been followed in all the succeeding sum-maries; this, owing to the large totals involved even for the sep-arate localities as well as to the comparatively insignificantamount of missing information, is practically liable to inappreci-able error. It must, however, be remembered that the state-ments of the different associations are for their respective fiscalyears only, the close of which rahges from the beginning to theend of the calendar year. This, as a matter of fact, brings themean near to the close of the State fiscal year, and the figures,therefore, may be considered approximately correct for statisticalpurposes generally. But they only to a slight degree indicate theeflects of the current business depression, which had not yet been

*Exclaaive of the Trenton People's Association, national, not tabulated forreason stated above.

fit appears from Summary 15, below, that 15 associations either loan orsend money outside of the State. Of these only 10 are strictly local associ-ation^ and not all of these had outside transactions during the year.


felt at the date of the bulk of the associational reports, on whichthe statements to the Bureau for the current year are based. Sofar as the tabular totals below, as a whole, are concerned, theonly evidence of the panic seems to be in the lower percentage ofincrease in the number of shares issued and in the increased can-collation rate. This tendency was more marked in particularlocalities and, especially, a&sociations, whose fiscal years closed inthe fall or after. As will be noticed in the summary followingthere has been no actual decrease in the main items of numberof outstanding shares, shares pledged, shareholders and borrow-ers, or in the amount of net assets, but the absolute increase hasnot kept up with the rate of the preceding years. The aggre-gates here reproduced are given in detail by associations andlocalities in Summaries 6 to 8 and Tables 2 and 4 below. Thedata take in only those associations in active operation at theclose of the year, and do not include associations organized afterJune, 1893.

YEAR.

1893189218911890

Increase—1892-3 ..1891 2. .1S90-1

Average—1893...1892....ISO!1890....

J29#27511257

71(518

1ao28•ca»

2.0991 7751 5391 339

324236200

746.165

634,163.571 66551877437,773

62,49852 88881 004

2,1351,9711,9141,723

T3

HI

.a

173 767153 813131620111987

19 95422,19819,633

585529486431

'o•s

93 S8987 76278,72>71,726

6,1279.0376,999

3162992U0283

i

22 910|33 836,48721 75219 25510 t»64

1,1582,4972,391

78757166

29 9h9.76726 606.37322.048 892

3.846,7204 3h3,3943,562,481

116,958103,41394,45291,039

* Exclusive of perpetual and inclusive of terminating associations.f Data for 297 associations ; from one Trenton national no information.X Data for 200 associations, one new association, Camden, not having begun operations till

December. <g Data for 271 aasocUUonp, the totals from four omitted, not reporting in 1891, were, in 1892:

Shares, 3 269; shares pledged, 963; shnreholders, 495; borrowers, 117 ; net assess, $196,021.,I! Data for 254 associations. Missing aggregates as above.

11

\


In 1892 the rate per cent, increase over the previous yearwas: In the number of associations, 6; aggregate shares out-standing, 10; pledged shares, 15; shareholders, 11; borrowers,12; net assets, 16. For the current year these rates have been :In number of associations, 8; shares outstanding, 11; pledged,13; shareholders, 7; borrowers, 6, and net assets, 14.

The report of the Commissioner of Banking and Insurance forthe year ending January let, 1894, gives the total resourcesof our 25 savings banks in active operation to have been$37,729,102, of which $34,266,298 was due to depositors, asagainst $30,776,787 and $36,488,246, respectively, for the pre-vious year, showing the marked effects of the financial distur-bances on deposits. The number of depositors at the end of1893 was 137,897; of 1892, 140,772. The reports of the trustcompanies, on the other hand, at the close of business, December30th, 1893, exhibited an increase of depositors and in depositsfor the year, when there was due the 28,670 depositors the sumof $9,997,963.

With the rise of nationals and kindred schemes has come theidea of " paid-up" or "pre-paid" stock—that is, the dues onshares, instead of being paid in advance periodic installments,are deposited in bulk. This practice prevailed in England evenbefore expressly authorized there under the statute of 1874, andwas held to be legal.* It appears to be permitted under Sec-tion 5 of the New Jersey Building and Loan Association law(Rev., p. 92), which provides that " the right of membership inall associations * * * shall consist in the periodical paymentof such sum of money * * * or in payment of a principalsum specified in such constitution, to be repaid by the company,in such way and manner as shall therein be designated, withinterest not exceeding seven per cent, per annum." f None ofthe local associations reported any prepaid shares; but twonationals and the two State had outstanding at the date of theirstatements to the Bureau a total of 1,454 :

* People, ex rel. Fairchild, v. Preston, Superintendent of Banks, Earl, JM

N. Y. Court of AppealB, January 16,1894, referring to Scott's CaBe, affirmed bythe House of Lords. L. E. (9 App. Oases) 523.

•[Query: Six per cent at present ?

COOPERATIVE BUILDING AND LOAN ASSOCIATIONS. 155

N. J. Investment, Trenton 654State Mutual, Camden 43Mutual Guarantee, Camden 790Eastern Union, Camden 7

These are included under the totals reported in the summaryabove, which shows an aggregate number of 634,163 shares. Inthe fuller summaries, which precede the detailed tables below,all the items already summarized are given by localities andanalyzed. Summary 7 shows the classification of shareholdersby sex and corporations, associations and firms. As was statedin previous reports, the exact number of shareholders reportedreally means the actual number of " open accounts/' and is inexcess of the number of separate individuals. It frequently hap-pens that the same shareholder is interested in several associa-tions, or in different series of the same association. Even in thelatter case many of the returns do not show individuals, but onlyaccounts (a books "). This duplication, therefore, necessarily re-duces the number of individual shares below the aggregate, ascompiled, by several thousands. The aggregate of shareholders,as given above, 93,889, comprises 68,385 males, 24,294 femalesand 1,210 corporations, &c, or a relative percentage of 73, 26and 1. In 1892 this percentage was 72, 27 and 1, and in 1891the figures were 7t, 25 and 1.

Of the 22,910 borrowers, 17,660 were males, 4,958 females and292 corporations, associations or firms, or 77, 22 and 1 per cent,respectively, which relative percentage varies but slightly fromthat of the preceding yeârs—77, 21 and 2. The ratio of male tofemale borrowers, as might be expected, is greater than that ofmale to female shareholders. This also varies considerablybetween the different associations and localities, as do also theratio of borrowers to shareholders and of pledged to free shares.To some extent, when the whole State is considered, there is alsoa variation from year to year, as may be noticed from the follow-ing comparative statement:

1893. 1892. 1891. 1890.

Per cent, of shareholders, borrower? 24 4 25 25 24" shares pledged 27.4 26 9 25.3 26

Average number of shares per shareholder 6-7 6.6 6.6 61" " " pledged per borrower. 7.5 7.1 6 8 6 6

fshare? 2,135 1,971 1,914 1,723pledged 585 529 486 441

per association - shareholders. 316 299 290 283borrowers 78 75 71 66


The classification of associations by counties, according to netassets, number of shares outstanding and pledged, as well as ofshareholders and borrowers, is given in summaries 1 to 5, below.The totals for the current year, with comparisons for the pre-vious three years, as well as a classification, for 1893, bycounties, of associations according to number of series running,are herewith appended :

YEAR.

189318921891.1890

297200272254

NUMUKR OF ASSOCIATIONS HAVING

a P

O T 3

19T52221

H 9

Si849488

09717072

747059

81

4838:U21

« 4a> <D

O PJ

a0oa<D

s$116 958

103 413W4.45291X»39

YEAR.

1893.189218911890

21)7287271254

NUMBER OF ASSOCIATIONS I1AVINGOUTSTANDING

09

91)939188

03

rP

CO

o

hll131 ! 41130 I 35127 I 2S

13

108

•s

2 1351,9711,9141,723


YEAR.

18931892.18911890.

60

291263267250

NUMBER OP ASSOCIATIONS HIVINGPLEDGED

03 .

•gfe

48455548

33313334

33353044

I48485045

I656554

53403425

585529486431

YEAS.

NUMBER OF ASSOCIATIONS HAVING

18931892,18911890,

r-i CD

O <S

46372929

35

316299290283

YEAR.

18931892....18911890

Ass

ocia

tion

s rep

orti

ng.

271268262244

NUMBER OF ASSOCIATIONS HAVING

1£

I200202204200

100

to 2

00 b

or-

row

er.

50493S29

200

to 3

00 b

or-

row

ers.

16111412

300

t» 4

00 b

or-

row

ers.

3o42

Ove

r 40

0 bo

rrow

ers.

21

Ave

rage

nam

ber

ofbo

rrow

ers.

787571

153 STATISTICS OF LABOR AKD INDUSTRIES.

COUNTIES.

AtlanticBergenBurlington...OdmdenCape MayCumberlandEssexGloucester....HudsonHunterdon..MercerMiddlesex....Monmouth...MorrieOceanPaesaicSaletnSomerset.....SussexUnioDWarren

NUMBER OF ASSOCIATIONS* HAVINGBUNNING

m

I

Total.

812ni

36

s

311

141

11

68

447

1452

393

23

120

CDCQ

O

115

10345321

42 15

820173187

657

4927

18931

18341

172

297

bt)

23 16

* Incluaiyeôf terminating and exclusive of perpetual.

These classifications, as well as the averages, go to show thatthe size of our associations is increasing, but, notwithstandingthe rise of the national and State movement, only gradually.The local New Jersey enterprises are still, for the most part, com-paratively small. This is not to be deplored. On the contrary,as the Bureau often has pointed out, with an extension of field,both as regards membership and territory, the cooperative char-acter of an association is sacrificed. An increase in membershipis to some degree unavoidable, perhaps advisable, in a perma-nent association as it increases in age.

As will be seen from the following classified table, three-quarters of our associations are not over 10 years old. Theylargely have come into existence during the paBt decade, the be-ginning of which marks the revival of interest in this cooperativemovement. It lias been of continuous growth since then, not

Co OPERATIVE BUILDING AND LOAN ASSOCIATIONS. 159

only in New Jersey but in the United States, According to thereport of the U. S. Commissioner of Labor,* the average age ofthe 5,598 local associations in this country is but 6.3 years. Inour State this average is 8.8,and the raDge from £to 39ft years:

COUNTIES.

AtlanticBergenBurlington..,CamdenCape May...CumberlandE^sex.Gloucester...HudsonHunterdon.Mercer.*Middlesex...Monmonth..MorrigOcean ,Paasaic.Salem.,SomersetSussexUnionWarren

Total

13.73.8

13.512.114.616.16.2

18.36.59.0

12.97.2

12.95.7

10.07.2

26.04.53.07.5

14.0

• 8 . 8

3 to 24i t o l 72 to 31| to 344 to 261 to 28

10 to i 3Ito201 to 171 to 39}1 to 241 to 234 to 7

10I t o l 4

23 to 323 to 63I to 24

11 to 17

to 39| 32

03

P

5

3

18

2

211473

18

15

79

©

o

2345

1341

s©

108

O

474224 -

42 36 297

ifS"

820173L

87

657

4927

18931

18341

172

The classified summaries above give? only three associationswhich have over $500,000 in net assets and five which have over10,000 shares in force, while eight have a membership of over1,000 each. The three largest associations, measured by assets,are: the Union Mutual, Paterson, age 10 years, with $694,796;People's, Harrison, age 20 years, $647,428, and Greenville, JerseyCity, age 17 years, $507,921.. These associations had the samerelative rank in 1892, when the amounts of net assets were: $627,-

m *Ninth Annual Beport. See below for summary.fThe Mercer Building and Loan Association, Trenton. .


587, $588,306 and $477,287, respectively. There are five associa-tions with net assets less than $500,000, but over $400,000,namely: Fourteenth Ward, Newark, $483,580; Building,liayonne, $466,419; Mutual, Passaic, $424,943; Mutual, Newark,$421,675, and Harmonia, Elizabeth, $414,729.

The five associations which have over 10,000 shares outstand-ing are: Mutual Guarantee and State Mutual, Camden; NewJersey Investment, Trenton; Union Mutual, Paterson, andPeople's, Harrison. The first is a national, with but a smallportion of its shares owned in New Jersey, and the two followingare " State " associations. In addition to these the following have amembership of over 1,000: Greenville, Jersey City, FourteenthWard, Newark, and Merchants', Bridgeton.

The comparative summary, by localities, of aggregate netassets and number of outstanding shares, for 1892 and 1893,with the respective increases or decreases for the current year,follows, on page 161. The only two counties that show a netdecrease in number ot shares are Hudson and Hunterdon,8,423 and 430, respectively. The loss in the latter is accountedfor by the maturing of a Flemington terminating association ;the prevalence of this form of association in Jersey City, wherethe net decrease was 5,671, also to some extent explains thefalling off in the former county. So, also, that in New Bruns-wick, Middlesex county, of 233. In Atlantic City the decreasewas 554; but both Atlantic and Middlesex counties show aalight net increase. The only decrease in net assets was inHunterdon, of $17,299, and in Warren, of $371. The largestnet increase in amount of net assets is shown in Hudson county,$797,318 ; the next in Essex, $774,497, and the third in Caraden,$583,894. These three counties rank in the same order as tototal net assets, namely, Hudson, $7,659,990 ; Essex, $7,616,034;Camden, $3,780,537. Passaic county follows with $2,506,014.In number of shares outstanding, Essex comes first with 186,557;then Hudson, 125,126; Camden, 95,495;* Passaic, 52,524—anaggregate oi 409,702 for the 153 associations in the four counties,in which are located over one-half of the total number in theState. These hold nearly two-thirds of the aggregate shares and

* A considerable portion of these is held in other counties as well as out-side of the State. See above. *

COUNTIES.

ASSOCIATIONS.

1893. 1892. Increase

NUMBER OF SHARES.

1893. 1892. Increase.

NET ASSETS.

1893. 1892. Increase.

©©d

W

3

rxnO

oGO

AtlanticAtlantic City

Bargen *Burlington.......Camden....!......

Gamdea City..Cape MayCumberlandEssex..

NewarkGloucesterHudson

Jersey CityHnnterdon.......Mercer

TrentonMiddlesex

New Brunswick.MonmouthMorrisOceanPassaic

Paterson.Paseaic: ,

Salem.SomersetSussexUnion

ElizabethWarren

83

2017312187

(55527

4938

2

188931

18143341

179

2

Total... J297

83

1618312186

62497

50393

178931

18143351

1699

4

n

nnti

i1

n

141085,382

24 8162416395 495

82,1685.062

17,541136 557

110 1839,997

125 126$6 0144,415

23,71421,960

26 40014,930

14 8484 7891515

52 52437,88413,8574 8465.024

78139 794

27 492

2 648£290 634,163

13 9525 936

18 37223,03668,010

55,1954,614

15,044129 647

106,2769,796

128 54991,6854 825

12.82811.337

26,14915,163

13,1294 5901053

49,99036,02713 2634 6304,477

76735 767

25,360

2,421571,665

156-f554

6,4441,780

27 48526.973

4182,4976,910

3.907201

f3.4"?3f5,67)f430

10.88610 623

251f233

1,719199462

2,5341,857

59421654714

4,0272,132

227

62,498

$973,6.804U.4T0

864.2061.179 3443,780,537

2.997,946299,305

1.128,5827,616.034

6,374 347708,580

7,659,9905,592,097281,778429 165

325.6182,170.177

1.361,598840,213292.769127 955

2,506,0141,769 695

689.262330,501267,03426 510

2.180 2091.605.243

173 904

$33,836 487

$911620403,805

655,7971,080,7493196.643

2,536,618275,481986 640

6,841,5375,865 945613,492

6,862.6725,126,855299.077315,219

235.0622,063 371

1.248 319751.270229 694109 450

2,139.7961,503 988

599,135307 876238 600

18.1311,888 377

1416,740

174 275

$29 989,767

$62 0607,665

208 40998 595

583,894461 328

. 23 824141,9*2774 497

508,40265.088

797 318465,242

fl7,299113 946

90.656

106 806114.27988,94363 07518 505

366,218265,70790 127

22,62528,4348,379

291J822188.503

|37 L

$3,846,720•City totals included in county totals. f Decrease. |Also People's national, Trenton, from which no information, and not included aboye.


net assets. All of which indicates a considerable change withinthe past few years in the relative importance of the building andloan association movement in the different counties.

The total gross resources of the 297 associations, as shown insummary 9 below, foot up $35,826,112, or $1,989,625 more thanthe net assets. In 1892 this excess amounted to $1,779,514, intotal gross resources of $31,769,281. As was then stated, theexcess "is due to the indebtedness of many associations, inclu-sive of advance dues, unearned premiums, or of loans sold toborrowers beyond the legitimate income derived from share duesand debtors' payments. Loans generally are advanced in install-ments; but the face value of the mortgages is the full amountbid. Very often theae demands are satisfied, wholly or partly,by cash borrowed from individual creditors or the discountbanks, Canceled shares also frequently are liquidated in thisway, or they are left outstanding and the money which would goto pay them off' is loaned out to new borrowers. But none ofthese items is a part of the associational net worth, or net assets,which consist of the installment dues on shares in force, arrear-ages and profits. The share-installment account constitutes aliability of the association to its shareholders, but is an indebted-ness of an entirely different nature, legally, from that of theitems mentioned above. It is very questionable, also, whether abuilding and loan association, under the New Jersey statute, hasa legal right to borrow money, or to sell loans beyond its legiti-mate income from shareholders and borrowers."

The indebtedness, as explained, for 225 associations reportingin 1893, exclusive of net assets, unearned premiums and moneyundelivered to borrowers, amounted to $1,379, 421, which, prob-ably, is very nearly the correct total for the State. The amountof unearned premiums, $167,732, owing to 38 associations, andthat of undelivered loans to borrowers, $393,042, by 96 associa-tions, is more likely to be below the true figure, as no informa-tion was given respecting these items by a number of associa-tions. This, probably, accounts for the fact that the total of allthese items of indebtedness, $1,940,196, is $49,429 less than theexcess of gross over net receipts, as noted above. In 1892 theoutstanding indebtedness, less net worth, unearned premiumsand undelivered loans, was $1,311,038 by 226 associations, or an

CO-OPERATIVE BUILDING A#D LOAN ASSOCIATIONS. 163

average of $5,801. In 1893, the average is $6,131. The cashborrowed during the year by 155 associations, discounts frombanks to meet demands from their borrowers or pay off otherliabilities, aggregated $2,576,961—that is, an average of $16,625.The repayments, some part of which was on account of previousyears' discounts, totaled, for 160 associations reporting, $2,468,-524—an average of $15,116. In 1892, the discounts, by 148associations, amounted to $2,316,559, or an average of $15,652;and the repayments, $2,190,067 by 149 associations, or an aver-age of $14,700. It is thus seen that a considerable amount ofthis species of indebtedness overlaps from year to year.

In 1892, of the total building and loan association receipts, forthe State, not less than 18 per cent, was the result of these dis-counts; in 1893, not more than 16 per cent.; but just about 30per cent, of the aggregate income of the 155 borrowing associa-tions came from this source. Barring the question of the legalityof this practice, this cannot be called excessive; the objection ismainly directed against its abuse by some associations whichappear to do a regular money brokerage business, the discountsbeing out of all proportion to income from installments.

In summary 8, below, the separate items of receipts and ex-penditures are given, by localities, for the associations reporting.The totals are:

Total Receipts of. 290 Associations, $15,962 658, averaging $55 044Dues " 273 "Returned Loans to 234

Disbursements of. 289 "Cancelled Shares of..... 276 "Loans made by 278 "Current Expenses of...282 "Salaries of. 272

Secretaries cf 268Treasurers " 228 "

Approximately, therefore, the aggregate receipts and disburse-ments for the 297 associations in operation were $16,3^5,000 and$15,533,000, respectively. In 1892, for 291 associations, $14,-210,000 and $13,455,000, respectively. If the discounts, as abovenoted, are deducted, the income from payments by shareholdersand borrowers could not have been far from $13,758,000 in 1893.In 1892, they were calculated to have been $13,455,000. Theaggregate losses reported for both years make but a fraction of

9,089,326,2 081.710,

15 134 750, '3 421033,7,282 767,150 364,100,877, '71,954, l

21 9.55.

33 2931145952 36612 39126 197

1 . 53337126596


a percentage of these amounts. In 1892, these losses, $6,054, for12 associations, amounted to but little over four-hundreths ofone per cent, of the total receipts for the State, and were theresult mainly of depreciation in property or of failure to realizethe full amounts due on foreclosure of securities. There wereno defalcations. In 1893, losses were reported from 15 associa-tions. In 12 of these the result was due to depreciation in prop-erty or of foreclosure; in 2 to defalcation, and in 1 to specula-tion in investments outside of the State. The amount of loss onthese latter has not been reported and was incurred by a termin-ating association, whose winding-up thereby has been delayed.The two defalcations, in Camden and Elizabeth, were $4,000 and$610, respectively. The total losses in 14 associations reached$8,411, or about sixhundredths of one per cent, of the receiptsfor 1893 in the State.

There were 61 defaults by borrowers, and consequent fore-closure proceedings, in 37 associations. The amount of 2 secu-rities involved has not been reported. The balance, 59 securi-ties, aggregated $97,389, which is about three-tenths of one percent, of the total real estate and book loans outstanding for theState. The securities reported in default in 1891 and 1892,respectively, amounted to $59,289 and 87,390. The defaults andlosses for 1893, distributed among the counties, were as follows :

COUNTIES.

AtlanticBergenBurlington....CamdenOape MayCumberland .EssexGloucester....HudsonHunterdon ..Middlesex....PassaicUnion

Total 37

SECURITIES IN DEFAULT.

IIa.2

221

102251511

31

19305483133

01

p

ga

$1,079 002,800 00

700 0021,100 00

t4(H) 004,(550 00

14,400 008,400 00

24,200 003,900 001,200 004,000 009,0(K) 00

t$97,380 00

O

B

$100 00*4,590 00

233 001,292 00

23 00

340 00482 00

J.700 0035 00

8010 00

15 {$8,411 00

* Including «4,000 embezzlement, f Amount of two not reported. % Amount of one notreported. \ Defalcation.


The disbursements, or total outlay, of the associations in 1893took up over 95 per cent, of the income from all sources. Theoutlay for loans, approximately, was 50 per cent.; that for can-celled shares, including those withdrawn, redeemed, forfeitedand matured, 23.6 per cent., and that for current expenses 1 percent, of the disbursements. These items constituted 47.6, 22.5and %9 per cent,, respectively, of receipts of reporting associa-tions. As will be noticed from the summary above, a few asso-ciation returns of the separate items of expenditures are missing.The totals of outlay as given; $7,282,767 for loans, and $3,421,-033 for cancelled shares, are therefore below the real disburse-ments for these accounts, which, calculated on the basis of theaverages, approximately, amounted to $7,780,000 for loans, and$3,681,000 for cancelled shares. In 1892, these calculations were$7,160,000 and $3,958,000, respectively.

The average current annual expenses and salaries for the asso-ciations reporting in 1893 were $533 and $371, respectively; andthe respective average salaries of secretary and treasurer, $265and $96. Calculating on the basis of averages, the total annualcurrent expenses for all our associations would have been$158,300, of this $110,187 being for salaries. These, probably,are somewhat below the true amounts, as among the associationsnot reporting were a national and the 2 u State " associations;while the averages include the returns from 3 nationals, whoseaggregate current expenses came to $20,169, and salaries to$6,820. If the latter two totals are disregarded, the averageannual current expense item for 279 locals would be $467, andthe average annual salary item for 269 locals, $349 ; less than 24and 14 cents, respectively, per outstanding share for all thestrictly local associations.

The number of shares cancelled during the current aesocia-tional year (1893) in associations now in operation has been106,855, which is 68 per cent, of the number issued, 183,134, andnearly 17 per cent, of the number outstanding at the close,634,163. In 1892 these figures were 89,474 cancelled and 172,-666 issued—that is, the cancelled equaled 52 per cent, of thenumber issued and 16 per cent, ot the number outstanding atthe close of the respective associational years. Of the numbercancelled the destination of 105,087 is reported, namely, with-


drawn voluntarily by shareholders, 85,636; forfeited for non-payments, 11,828; redeemed by the associations to get clear ofsurplus moneys, 1,337, and matured, 6,286; or 82, 11, 1 and 6per cent., respectively. In 1892 these respective percentageswere 84, 7, 1 and 4. The details, by associations, of thene dataare given in table 4, below. There it may be seen that but fewlapsed shares are credited to the strictly local associations. Inthe following summary the totals of these items are stated bycounties, and the comparative aggregates for the State for thepast three years. As will be seen, the net increase in the numberof shares, the difference between the number issued and cancelledhas been, according to this summary, 76,279; while the differ-ence between the totals outstanding in 1893 and 1892, as persummary on page 154 above, is 62,498. A similar discrepancynecessarily occurs each year, and is explained by the lapsing ofold associations, and by the fact that a portion of the Bhares ofsome of the new associations, compiled in the previous report, lessthan a year in existence at that time, has been counted again inthe following table this year, their first completed associationalyear:


COUNTIES.

AtlanticBergenBurliugtoi'...OamdenCape MayCumberland.EssexGloucester....HudsonHunterdon...MercerMiddlesex....Mon mouth...MorrieOceanPaesaicSalem.,.SomersetSussexUnionWarren

TotaJ, 1893..Total, 1892.,Total, 1891..

CANCELLED DURING TEAR.

OJO

•sP

2,2298,3564,214

39,5061,1164,595

34,96'i1,976

29,309362,

i5,':oo4,5848,105778478

19,371895850160

10,36375

183,134172,^56155,0*5

S

1,8633,9902,84010,100

6622,515

*2*,3081,631

«31131

3,7983,275J,35157912

11,659579132144!

4,6101478

106,8^5 85,63689,474 75,39973,287| 68,133

1,1723,9282,4767,9-9533

2,2*722,0261,366

20,99298

1,9432,92971657712

11,593407132130

4,: 09341

s

i

i

4*21701

818562

8,892

1,757

482

66

237

11,8286,578€02

448

470

9828128

12

1,337819821

6001634

1,470129280

1,997203160

65559

172

464]37

6,286. 4,4743,016

* Balance unaccounted for.

The matured shares were distributed among the 47 associationsof 13 counties, comprising 50 series, 3 associations terminatingeach two series. No terminating association is included.

Counties. Associations. Series.Atlantic 4 4Bergen....* 1 1"Burlington 6 6Oamden 13 15Cape May 4 4Cumberland 2 2Essex 4 4Gloucester 5 5Hudson 1 1Middlesex 1 1Monmouth 2 2Salem 3 3Union 1 2


The number of series matured during the past four years, withthe time of maturity of the shares affected, is shown in the fol-lowing classified summary:

MONTHS.

1091181201221231251 (i126J127128129130131132133134134*135136

NUMBER OP SERIES.

1892

-93.

1

2561334

21

1891

-92.

11

11

1

13

131013111

1890

-91.

12

2

1145

51

53

1889

-90.

1

12411

32

6

2

23

MONTHS.

137138139140141142143144145146147148149161

*218

Total

NUMBER OF SERIES.

8COt—1

13126123

1

1

g|-l

1891

-92.

342

2261

1

62

1890

-91.

1

12143

111

1

4618

89-9

0.

11322122

1111

46

*A 50 oent.-per-month association—$200.00.

The average annual simple interest rates for the average termsof investment, as stated in detail in summary 10 below, rangedfor the matured series from 5 to 11.10 per cent. In 1892, forthe 62 series, from 6 to 18 per cent; and in 1891, for 46 series,from 5 to over 12 per cent. This information, more in detail, isgiven in the following summary for the three years mentioned :

18931892...;1891

$1I506246

NUMBER SERIES lbRATE

5to6

I13

6to7

7106

7to8

9134

8to9

879

I WHICH AVERAGE INTERESTPER CENT. WAS

9to10

171512

10to11

710«

11to12

132

12to13

24

14

1

18

1


These associations certainly seem to be good investments forfree-share owners who make no defaults in their payments andremain to maturity. What part of the profits a shareholder whowithdraws should receive, to what extent one who defaults in hisinstallments should be punished by fines or forfeitures, are ques-tions of practical management that gauge the liberality of anassociation. Forfeitures, too small withdrawal allowances andtoo heavy fines, are not co-operative any more than high interestand premium rates for the borrowers. Lapsed shares are hardlya feature of our strictly local associations; but a less liberalspirit is shown in the way of fines or paying off those who dropout. This subject has been discussed too frequently in theBureau reports to need repetition here, except as regards that offines. The total amount of fines paid during the year wasreturned by 225 associations reporting at $38,033, which is theannual interest, at 6 per cent., on $633,900. This leaves out olconsideration the 52 associations from which the items of fineswere not separately reported, and which held about one-sixth ofthe total number of shares outstanding at the close of the year.Making allowance for these non-reporting associations, the totalamount of fines received was not less than $45,000* for the year.This would be nearly one-half of one per cent, of the dues paidin. The amount of fines of associations reporting, by counties,was as followp :

*The fines in arrears also amounted to $14,154, as may be seen below.

12


COUNTIES.

AtlanticBergenBurlington....CamdenCape MayCumberland,Essex,.Gloucester..HudsonHunterdon.,MercerMiddlesex..Monmouth..MorrieOceanPassaicSalemSomerset...,SussexUnionWarren

Total.

QQao

1% '8 a?

Nu

mb

erre

port

i

5IT)\)

24i'i

4r>2

74;;

l4

11

H1

Hi

41

1

225

paid

ecOr

crecV K

O

Am

oun

tI

$1,1001,124] ()()5

4,\{M4d,'>\ H )2

11,21-1

'.1,1 7(1

128],.'J221 ()."),'i

?2i/292

1 (>">l' i ! 2184<H)

1 85()' 8 4

$;w (W.!i

0000000000000000no00000000000000000000

no00

00

To some extent, these items of extra income may benefit theborrower, who otherwise would have to pay not only the profitsmade by investors, but all the expeneeB and losses incurred.On the degree to which borrowers can be attracted to these asso-ciations will depend their future development, if not the existenceof the locale, in the end the borrower will ô where he can gethis money cheapest and repay it most conveniently. This shouldbe remembered by our building and loan co-operators.

How the borrowers fare in these associations, in interest andpremium rates, is shown in table 3 and summary 11 below,which give these rates paid for loans during the year. Of the288 associations reporting the item of interest, 256 were paid 6per cent, and the balance below this rate; 4 associations chargedno interest separately, the borrower bidding an interest premiumrate or sum. There were ouly 5 associatiena in which no pre-mium was received, borrowers getting their loans at the author-ized interest rates; in 7 other associations single loans went at


par. On only a fraction of loans, therefore, borrowers paid nobonuses. These ranged from 25 per cent gross ($50 per $200share), in Jersey City, and .735 per cent, monthly installment, inMillville, towards par, as stated. The highest averages were 17per cent, gross, and .41 per cent.* monthly installment, of twoBergen county associations.

The classified summary following1 shows the highest averagepremium rates, gross and installment, received in the severalcounties, by 157 and 52 associations, working, respectively, underthe gross and monthly-installment premium plans:

COUNTrKS.

AtlanticAtlantic City

BergenBurlington •

Mount HollyBurlington

CamdenCamden City

Cape MayCumberlandK6aex

Gloucester .... ..Hudfton. .....

Hoboken...HunterdonMercer

New BriimwlckMonmouthMorris *OceanPassaic

Salem...SomersetSussexUnion

ElizabethPlainfield .

Warren

Total, 1893

Total, 1892

Tot

al a

ssoc

iatio

ns.

GROSS—PER CENT.

5 an

d un

der.

3

612

32

1075

4838

1914

2253621

131023

1071

2

157

170

1812433

4738:?84

2232421

11822

21

105

101

5 to

10,

inc

lusi

ve.

2i342

542i

298

2i2

22

1

76

9

44

53

10 t

o 15

, in

clus

ive.

1

1

1

12

1l

7

13

15 t

o 20

, inc

lusi

ve.

1

1

2

Ove

r 20

.

1

MONTHLY INSTALLMENT-PEE CENT.

.05

and

unde

r.

1

1

1l

.05

to .1

11,

incl

usiv

e.

1

43

1

^ j

.11 t

o .1

75, i

nclu

sive

.

;*i

(j8

. , . . . . ! 1

3

2

11

2I1

1

1

1

4j

14

11

14

18

__

1 .1

75 t

o .2

5, in

clus

ive.

4 .1

3l

3

Ove

r .2

5.

1

2s

i

52

1l

17

6

4

6

Tot

al a

ssoc

iatio

ns.

.,l84

1011

4Ii19i

1

1

1

4

l

52

43•19.1 per cent, gross, nearly.


An ea&y, approximate comparison between these rates can bemade, as 5, 10, 15, 20, 25 per cent, gross, &c, is equal to about(a little over) »05, .11, .175, .25, .33 per cent, monthly installment.For example, the total number of associations receiving therespective highest average premiums in 1893 and 1892 wouldcompare about as follows, the heading being the gross per cent.:

I GtOBBI Mo. Installment,

1892. /Grosp\ Mo. Installment,

NUMBER ASSOCIATIONS RECEIVING

5 ;:;ami

under.

105o

101.2

5to

10 </,..

u14

5311

10to

1 0 f/o.

7U

1318

15to

20 %.

117

26

Over20

_4

10

II I

J5752

17043

The formula* to reduce gross premium rates (per cent.) to thecorresponding number of cents on a monthly installment basis,$200 share loan, is:

200 p

ioo — px ~~In this p is the gross rate per cent. Or, to reverse the process:

100 pX =

200

in which p is the number of cents monthly installment premium,and x will be the gross rate per cent.

It will be found that when:

p =z 5 % gross, x

p = 10 % gross, x

p = 15 % grosp, x

p = 20 % gross, x

p == 25 % gross, x

cents

22f cents

8611 cents

50 cents

66f cents

* Kindly furnished by Prof. R. W. Prentiai, Rutgeri Collage.


Or, to transfer these prenjium rates into an annual nominalinterest rate per cent., plus the regular interest rate of 6 percent. :

PLUS INT.

GROSS. MO. INST. ANJLY. A N T L Y .

$10 (5 %) = 10 + cents (.06 '/') = .6 % = 6A %

$20 (10 %) = 22 + cents {All %) = 1M % = 7A2 %

$30 (15 f*) = 35 + cent* (J75 7c) = 2.J- # = 8.1 %

$40 (20 %) = 50 cents (.05 %; = 3.-1 % = 9. %

The largest mortgage on real estate was taken during the yearby a Oamden city association, for $18,700, as may be seen insummary 14 below; in Jersey City one was executed for $17,000.In 1892, the largest was also made in Camden city, for $22,000;in 1891, in Jersey City, for $20,000. The smallest real estatemortgages in 1893 were $50, in Burlington city, Camden city,Millville, New Brunswick, Elizabeth, and in Essex and Mon-mouth counties, outside of the cities. Altogether there were 9associations whose mortgages during the year were of the valueof $500 and under; 2 from $4,000 to $5,000 and 1 from $5,000to $6,000, In tjhe past three years the mortgages have ranged asfollows:

1898. 1892. 1891.$500

5001,0002,0003,0004,0005,000

and under,totototototo

$1,000,2,000,3,000,4,000,5,000,6,000,

96091451621

associations,a

u

u

u

u

175190441421

associations,

ua

u

t <

u

16628843211

Total, . 244 229 213

The average of all outstanding loans, real estate, and on stockonly, was $1,461 in 1893, as near as can be calculated* ; in 1892,

*Some associations, notably in Burliogton and Middlesex counties, do notseparate in their reports the stock from the mortgage loans. Besides thip, anumber of associations, varying from year to year, have loans outstanding withnon-stockholders. See below.


$1,359; in 1891, $1,310. This goes to indicate that the tendencyis to larger loans to single stockholders. The bond and mort-gage investments comprise nearly 92 per cent, of the total grossresources of the associations, varying in the different localities.The real estate loans amount to over 96 per cent, of the totalloans, mortgage and book inclusive, $33,968,492. This is thesame proportion as the year before, when this total was $30,037,-753. The value of real estate owned by the associations, mostlybought in on foreclosure, is $105,788; cash on hand at the closeof the respective 1893 fiscal years, $752,570; other investments,$699,262, which includes arrears and the investments notreported in detail. The total arrears in 263 associations report-ing aggregate $367,328; while the advance payments, largelydues, in 181 associations reporting, amount to $187,502. Theseadvances include $68,693 of 3 Elizabeth associations, for themost part practically deposits.

IQ a number of associations, especially in Jersey City, thepractice prevails of not separating, in the secretaries' reports, theprepayments from the regular installments periodically due fromshareholders. In many instances, there is no account even ofarrears. All this is irregular and unsound. Advance?, that ispayments made before due, are really borrowed money, andshould not be counted among the net assets of an association ;while, on the other hand, arrears are legal debts owing to theassociation and belong to the net assets. In a good proportionof the associations in the State the details of the arrears are notseparately entered even in the books, as may be noticed fromsummary 9 below. While 263 associations report aggregatearrears as above given, the amount of back dues, interest, finesand premiums only total $254,552; dues, 212 associations,$140,870; interest, 186 associations, $92,840; lines, 169 associa-tions, $14,154; premiums, 51 associations, $0,688.

The number of associations which loan to others than share-holders, when the latter make no demands for the money onhand, is 84. Of these, 41 report such loans outstanding duringthe year, to the amount of $495,784 ; the balance presumably hav-ing none. lu 1892, the number was 49 and amount outstanding,$458,326. The nutnber of associations having such outstandingloans, and the amount, by counties, in 1893, is as follows, thedata for 1892 also being added :

CO-OPERATIVE BUILDING AND LOAN ASSOCIATION?. 175

Burlington...Oamden ,Cape MayCumberland.EssexGloucester....HudsonHunterdon,..Mwcer ,Middlesex...,Monmouth.. ,MorrisOceanSalemSomersetUnion

Total.

Number As-sociations, I

1893. Ia08

00 CQ

3o

li11

192

10258

84

ISoB

I-9

$25,569 00! 364 955 00' 312,930 00 1

$8,573 002-\<>as 00

(> .S00 00

41

85,98913 26053 56018,1288 040

102,54320,0189,01814 30018S74IS 50029 500

$495,784

0000ooi00,00oo1000(t00000000

00

14261335i)

1

49

12«,r>l»13,97349,130J 4.00010,77077,41356,7505.300

20,300

22 OOti19.000

$458 326

000000000000000000

0000

00

There are 15 associations which have loans outside of theState, which, however, are not all on account of the 1893borrowings ; and, when made by local associations generally, areto non-residents oi localities near the border counties. In 1892,the number of associations sending or loaning money out of theState was 22, and 17 for the year previous. As a matter of fact,our local associations are very conservative in going outside oftheir respective localities. Of the 268 associations reporting theradius of distance of placing loans, only 11 went beyond 50miles. Probably one-half did not go outside of the city or town-ship, and but few even outside of the county or what practicallyamounts to the same thing for the associations in the borderlocalities. These data are given in detail in table 3 and summary15, bleow.

There were 2,532 dwellings acquired during the year by theborrowers in 223 associations reporting. These data, togetherwith those reported for the previous two years, follow. Theyare tabulated under the localities to which the respective asso-ciations belong; but all the dwellings were not necessarilyacquired in the localities as stated. And while such returns are


to some extent estimates, especially for the larger associations,they probably are not far out of the way. The number of thesedwellings, for 1893, if the non-reporting associations are takeninto consideration, hardly can fall below that given, and islikely to exceed 3,000 for the whole State. In 1891, it wasestimated that 2,700 dwellings were the result of our associa-tional activity, and in 1892, 3,000.

CO-OPERATIVE BUILDING AND LOAN ASSOCIATIONS 177

Atlantic countyAtlantic City ,Hammonton

Bergen countyBurlington county

BurlingtonMount Holy

Cam den countyCamden CityGloucester City

Cape May countyCumberland county

BridgetonMillTilleVineland

Essex coantyNewarkBloomfleldBelleville

Gloucester county..Woodbury ,

Hudson countyJersey CityArlington.....BayonneHarrisonHoboken

Hunterdon county.,Mercer county

TrentonMiddlesex connty..

New BrunswickPerth AmboySouth Amboy

Monmouth county.Morris countyOcean countyPaasaic county

Paternon ,Paseaic

Salem countySomerset county...

8omerville

Sussex countyUnion county

. Elisabeth. ..„„.......».Plainfield

Warren county.

Total..

412

1813

23

2114

1

79

11

554322

51

3423

3321

32

11512

7

3

1

1612

3

1482

223

552

31

142

1011543

300245

23

41

7*'

591434

8119

5845

421214*

14896915

24

2310

9628

526

60

43

12

26117970

3019

23018414

15

2532

6ll

14

1143

22161

4938

2I

1

36

l

1

42

127

14103

1

3

1262

209

782034

124

70132L

346299

10

4010

30

487382

3713

75

426264

636018

20

25

135

24

68

60

21816459

6

13

6

183134

17

2400

l

2

12

101

1792

5

1

312322

31

3629

1162

2

173

922038

102

611211

250166

29

15

10

10

285218

3310

4335

406262

156411

23

148

66244

30

50

42

7

19112360

15

21

19613026

13

1906

• City totals included in county total*.


STATEMENTS BY SECRETARIES.*

AllendaU, Orville Co-operative.—Fines were only $1.10 for theyear, with a total ot $35,029.32 from receipts, of which $8,213came from does. We never fine members unless they are habit-ually slow. When they get in arrears, they are notified that theirmoney is subject to their order and will only earn interest, havingceased to be members in good standing.

Park Ridge, Washington Township.—The consideration for pri-ority of loans is paid monthly. Loans, which may be repaid atany time, are made on the basis of 6 per cent, annual interest;the premium is only 1 | to 6 per cent.; but cannot exceed 6. Finesare only 4 cents.

The association meets on the second Monday of each month,and payments due at that time may be made at any time duringthe month—& privilege not allowed in other associations withoutincurring a fine.

Anyone, including women and minors, may hold shares, andmay borrow on their stock without mortgaging real estate, ormay withdraw at pleasure. Each member has one vote. Sharesare $200 each, payable in monthly installments of $1; entrancefee, 10 cents per share.

This association has enabled quite a number to secure theirown homes. It is known as a borrowers' association in everysense of the word; the borrower builds his own house ; the asso-ciation does not speculate in anything. It owes no debts; haspaid all withdrawals, notwithstanding the winter's financial strin-gency.

Rutherford, Mutual.—Notwithstanding the hard times and con-sequent enormous withdrawals, we have weathered the storm.The average premium of loans relinquished has been 45J cents;upon new loans, 40J cents; upon all outstanding loans it is 88Jcents. The current working expenses of the association are under2J per cent, of the capital.

* Including extracts from associational reports. These statements are givenf >r what they are worth; the Bureau does not thereby indorse them.


Fiddsboro Mutual—Th* following is the final statement of thisterminating association, dated December 17th, 1892, or threemonths after the close of the eleventh year. It began operationsin October, 1881, and matured its 155 shares outstanding at$286 in 135 years, or $65.86 profit:

RECEIPTS.

Balance at last report $647 92Dues, interest and fines 777 84Loan returned 200 COReal estate 400 00

$2,025 76

DISBURSEMENTS,

Loans $842 82Secretary's salary 12 00Treasurer's salary 5 00Rent 3 75Printing 2 75Real estate 5 00Balance 1,154 44

$2,025 76

ASSETS.

Loan? $29,667 02Duefrorr shareholder? 311 95Cash balance •. 1,154 44

$31,133 41

155 shares sealed at $286 $31,133 30Undivided surplup • 11

$31,133 41

Woodbury, Real Estate.—Prompt payment on short notice alwayshas been accorded those who desire to withdraw, at a fair rateof profit in interest, while those holding stock to maturity havelikewise been promptly paid, at a better rate. The eleventh seriesmatured on 141 months' payments, which produced to the in-vestors an average rate of interest in profits of a little over 7 percent.

The association always has recognized the fact that the borrow-ers furnish the life-blood for its business, and therefore hasalways endeavored to treat this class of stockholders with greatconsideration, by aftording them liberal inducements to build andborrow, in paying a proportion of taxes on their properties, and


by advising them not to pay a premium beyond 16 per cent, fortheir loans. Through its operations, since its organization, assist-ance has been given in paying for six hundred homes.

Montdair, Building and Loan.—Trie premium on all mortgageloans is deducted in advance, and has been for the year : highest,5.5 per cent, on $600; lowest, 1 per cent, on $7,000; average,2.8 per cent. Premium on stock loans only is lu cents per monthon each $100, and is paid monthly.

The seventh annual report shows total receipts of $120,218.41,of which $87,412.99 was received from the shareholders and rep-resents the amount, of new business. The assets are now over aquarter of a million dollars, all of which is loaned to membersof the association, upon bond and mortgage or upon shares. Theloans upon bond and mortgage are all upon property within thetownship of Montclair, except about $22,000. And no loan uponshares exceeds the amount of dues actually paid by the borrower.

The report gives a list by book numbers of the open accountsand the number of shares upon each book; also, a list of thebooks upon which there are advance payments or arrears. Wenever have had occasion to call in a loan or foreclose a mortgage,and at present with loans of $257,862, there is only $45.89 interestoverdue, and the total dues, interest and fines in arrears is only$292.93. The profit credited to the different series averages about8J per cent, per annum upon the amount of dues paid.

Newark, Hearthstone.—The holding value of the first series,numbering 724 shares, on which $84 has been paid per share, is$107.52. In order to reduce the free shares, 478, of this series,an amendment to the constitution will be submitted to the share-holders at the annual meeting, authorizing the payment of 8 percent, interest, making the withdrawal value thereof $107.52 pershare.

Newark, Mutual Land and Home.—The association, incorpo-rated in 1892, has 48 members holding 48 shares. As this is ahomestead enterprise, different from any others in operation inthe State, the following extracts are reproduced from the " intro-duction " to its printed constitution :


The Mutual Land and Home Company is formed for the purpose of provid-ing all who become members of it* with comfortable homes amid congenialsurroundings at the lowest possible cost.

The company, under the supervision of the board of incorporators, is sub-divided into groups of one hundred and fifty members each, each group beingpermitted to establish for itself such modification of the following commonplan of operations as may nofc injuriously affect the general interests of thecompany :

Every member on joining pays the sum of two dollars as first iDstallment onhis entrance fee. As soon as bin group is completed the remainder of his en-trance fee often dollars becomes payable in four monthly installments of twodollars each. He then also contributes regularly the sum of one dollar perweek.

As soon as the entrance fees and dues foot up the needed amount a plot ofunimproved land, to be selected by the members, in the suburbs of Newark, orany other city where groups may be located, will be purchased, large enoughto cut up into at least one hundred and fifty ordinary sized lots. As soonthereafter as fifteen hundred dollars, or some other fixed sum to be determinedby the members, again accumulate in the treasury, those who desire a housestep forward, lots are cast, and the winner selects from eight or ten standardplans adopted by the group the kind of house he wishes to have built. Thisis erected, the winner moves in, and until the association winds up pays anequitable monthly rental into VM treasury. This increases the income of theassociation. A second allotment is made in thesame way when the fixed amounthas been again reached; and BO accumulation from dues and rents, allotments,erection of houses go on at an ever increasing rate until one hundred and fiftyhouses have been built. The company then gives each member a full, cleardeed to his house and lot and the group goes out of existence.

Under a fair estimate the lifetime of such an association, where no specialeffort is made to hasten its maturing, figures out to about twelve or fourteenyears. The association is, however, free to speed maturity by any plan that itmay consider safe and desirable. Thus, by holding the corner lots until theend of, say, the ninth or tenth year, enough may be realized by a direct sale toprovide the remaining members with houses at once and so terminate theassociation.

It being a fraternal association, the interest of one is the concern of all.Should a member desire to leave he gets the value of his interest in the asso-ciation, what he has paid in less his just share of the expense, and plus his justshare of whatever profit may have accrued. Should he have taken a house, hecan transfer the house to anyone acceptable to the asssociation.

The standard plans of the company are such as provide houses at a cost closeto fifteen hundred dollars. Should a member desire a larger or costlier house,he is left free in his choice, but it will be necessary for him to secure the addi-tional amount needed himself, as well as have his plan approved by the associ-ation.

There may be some who may not specially want a house and yet woulddesire to join such an association for the purpose of profitably investing theirmoney. For such an excellent opportunity is afforded.


The drawing of lots for the chance of getting a house is not obligatory untilall who specially desire houses have been provided. When the time for allot-ment arrives and no one steps forward as ready to take a house, drawing be-comes compulsory upon all who have not yet taken houses. A member drawinga house need not necessarily occupy it himself, he can sublet it to any one un-objectionable to the association. When the association dissolves every memberis free to sell or otherwise dispose of his house as he pleases, provided heinflicts no wanton injury upon his neighbors.

Newark, North End.—This is an interest-premium association,the premiums having ranged from 30J to 45 per cent. In somecases, the whole of the premium has been paid off by the bor-rower at once; but generally only ten per cent, of the amount,and the balance at the rate of 2 per cent, per month for fiftymonths. After that, only the regular dues. The main difficulty,so far, has been too many withdrawals, and inability to get asmuch money as it is desirable to lend.

The section of the constitution providing for withdrawals is:

Any non-borrowing shareholder wishing to withdraw from this associationmay do so by giving a written notice to the secretary five days prior to themeeting of the shareholders, which shall be on the last Wednesday of eachmonth, of intention to withdraw, etc. During the first year of his or herrespective series of stock he or she shall be entitled to receive the actualamount of the installments paid in, less any fines he or she may owe, and aproportionate share of expenses during the first year of the respective series.After the expiration of the first year, interest at the rate of five per cent, perannum; after the expiration of the second year, interest at the rate of six percent, per annum; after the expiration of the third year, interest at the rate ofseven per cent, per annum, and for each succeeding year at the rate of sevenper cent, per annum. The rates of interest herein mentioned are to be allowedonly on the amount paid in each year, and not on the total amount which mayhave been paid in, so that the amount paid in each year receives only onecredit of interest. And in addition to the above rates of interest at the expira-tion of the third year, a dividend to each non-borrowing stockholder of two(2) dollars on each share owned by him or her, and at the end of the sixthyear a second dividend of five dollars on each share so held, and after thesixth year such further dividends as the earnings of the association will war-rant.

Newark, Roseville.—The association was organized as a termi-nating concern with a limit of 2,000 shares, which were all sub-scribed for at the second meeting; and for some time thereafter,as fast as any one dropped out, others were ready to subscribe,thereby keeping the shares issued up to the full amount. Before


two years it was found that money was accumulating, with veryfew or no borrowers on hand. Therefore it was decided to makethe association serial, beginning the third year with a new seriesand designating it the third series. This is why there is no sec-ond series. All new series were limited to 1,000 shares.

At the close of the fiscal year 1892 we found we had 871 sharesstill outstanding in the first series and with about 140 shares onlyborrowed on. This series was being surrendered very slowly, asthe weak holders had generally withdrawn. Hence we had toface the fact, that unless some provision were made to get thisstock cancelled we should have about $100,000 to $110,000 toraise at its maturity, and it was accordingly resolved to offer toredeem first series stock at each meeting at its full earned value,less such per cent, as a holder might bid for priority of payment;and further, if no stock or not enough should be forthcoming touse up $2,000 per month for this purpose; that we set aside suchamount as a sinking fund for its payment at maturity or whenpresented for redemption. Thin has been an inducement forsome of the holders to turn in their stock of the first series andtake out shares of later series.

For the nineteen months this plan has been in operation wehave redeemed $28,028.73 worth of stock, and have placed to thecredit of the sinking fund $7,000, making the total amount usedand set aside $85,028.73. But the demand is not up to theanticipation.

We try to make the sinking fund earn some interest by placingit with trust companies, and we have some out on bond andmortgage, with privilege of calling it on six months' notice.

Considering the times, there is fair demand for money forloans, and we now have nearly $5,000 loaned in advance; thereare also more surrenders on late series than we have had hereto-fore. Of course the sinking fund plan leaves us with less moneyto loan, but as soon as we get this first series out of the waythen we shall have more plain sailing, as there are less shares inthe other series, with more borrowers, viz., in the third serieswe have 179 shares out with 70 shares borrowed on; fourthseries, 97 shares out with over 60 borrowed on; fifth, 230 outwith about 85 borrowed on; and so on.


Newark, West End.—The board of directors has fixed thefollowing schedule of counsel fees. On a loan of $1,000 or less,the counsel is allowed to charge $30, and $2.50 for each additional$500, aB follows:

Loan. Couanef's Fee.$1,000 00 $30 001,500 00. 32 502,000 00 35 002,500 00 37 503,000 00 40 004,000 00 45 005,000 00 50 00

This charge includes search; drawing bond and mortgage;acknowledgment of mortgage; recording mortgage; tax search ;Supreme Court search.

Where a survey must be made, deeds drawn, or a Chanceryexamination obtained, the counsel is authorized to charge anadditional fee. These are seldom necessary. In case a title isvery much involved, and unusual labor on the part of counsel isrequired, the board reserves the right to fix the counsel's fee.

New Brunswick, American.—The association, terminating, hav-ing too much money on hand purchased $20,000 worth of bondsin various enterprises, outside of the State. The bonds depre-ciated in value from 70 to 50 per cent. This has caused delayin winding up the association. Since June, 1893, no dues, onlyinterest from borrowers, have been collected.

ASSOCIATIONS IN THE UNITED STATES.

The ninth annual report of the XL S. Commissioner of Labor,Hon. C. D. Wright, comprises a report on the building and loanassociations in the United States. It comprehends every State ex-cept Vermont, in which there is only one enterprise of this kind.The following preliminary summary shows the number of asso-ciations in the different States and Territories, and the generalresults:


STATES AND TERRITORIES.

AlabamaArizona , ,Arkansas ,CaliforniaColorado ,ConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaIdahoIllinoiPIndianaIowaKansasKentuckyLouisianaMaineMaryland...MassachusettsMichiganMinnesotaMississippi........MissouriMontanaNebraskaNevada—.—New HampshireNew Jersey *New MexicoNew York........North CarolinaNorth DakotaOhioOklahoma........OregonPennsylvaniaRhode Island8outh CarolinaSouth DakotaTennesseeTexasUtahVirginiaWashingtonWest VirginiaWisconsinWyoming

NUMBER.

Total..

Local.

234

m1254215212621314

631429

8171

1312629

2*7115728230

3497

661

16286

5390

245

7181

141,076

648146139

576145439

5,598

Na-tional.

32

12

381681

172

3152

1714

28113

, „.,

3

317217323

Total.

274

S21334615212923434

669445

8972

1482829

240115759732

3668

701

17288

5418

256

7211

171,079

6481778416

83175642

6

240 5,838

The various facts relating to membership, as shown by share-holders classified as males and females, assets, value of shares,

13


total profits and number of homes acquired, are all brought outin the following concrete statement:

Number of associations .Number < f shareholders, malesNumber of shareholders, femaleNumber of shareholders, tot a)Average number of shareholders per

associationNumber of shareholders who are bor

rowerePercentage of shareholders who are

borrowersNumber of sharesTotal net assetsAverage shares per shareholderAverage net assets per shareholderAverage value of sharesTotal profits..Average size of loansHomes acquired

Local

5,598a710,156a263,388

61,359,3666244.5

c402,212

C29.83

dl0,381,031$413,647,228

e7£e$303.11439,75

$74,402,969f$l,133

<;290,803

National.

240a209,458a44,440

Z>386,35961,637.1

<J53,199,

C13.77

d29 874,841$37,020,366

e7.2«$86.73#12.12

$6,261,147/$920

(723,952

Total.

5,838a919,614a307,828

61,745,725

6301.2

c455,411

C26.25

(213,205,872$450,667,594

€7.5#237.26

#34.38$80,664,116

f $1,12017314,755a Associations not reporting, local 1,603, national 66, total 1,569.

6 Associations not reporting, local 38, national 4, total 42.c Associations not reporting, local 69, national 4, total 73.d Associations not reporting, local 18, national 4, total 22.cBaied on 5,535 local associations, 226 national associations, total 5,701./Bated on 2.128 local associations, 45 national associations, total 2,173,g Associations not reporting, local 1,326, national 08, total 1,301.

The report consists of six chapters, in which are brought outall the main facts for each State of the Union in tabular form andin text analysis. All the different methods of distributing profits,of paying premiums and withdrawing shares are clearly and fullyelucidated, and all the laws of the different States relating tothese associations are incorporated.

One of the most interesting facts shown by the report relatesto the age of the associations. While building and loan associa-tions had their birth in the decade of years from 1840 to 1850,with, perhaps, here and there one prior to the first date named,the repoh shows that the average age of all the associations isbut 6.2 years, the local associations having an average age of 6.8years, and the nationals an average of only 2.5 years. Of thelocals 2,394 are under 5 years of age, 2,163 are 5 years or under10 years of age, and 589 are 10 years or under 15 years of age,making a total of 5,146 associations out of the whole number


under 15 years of age. There are but 433 over 15 years of age.These figures certainly show that the building and loau associa-tions of the country are entirely modern institutions and havereached their great proportions during the last ten or fifteenyears. This, in connection with the fact that they have netassets of over $450,000,000, have made total profits of more than$80,000,000, have helped to secure probably over 400,000 homes,and are semi-banking institutions conducted by ordinary mennot trained as bankers, but jet have met with remarkably fewlosses, shows conclusively the strong hold which building andloan assooiations have taken upon the public.

-»!?!iff

q

I

GO

IBO O O

IS:

Average amount of netaesets per association.

$3,000 and under.

$3,000 to $5,000.

I $5,000 to $10,000,I

$10,000 to $50,000.II

$50,000 to$100,000.

I

$100,000 to$200,000.

$200,000 to$50U,000.

I i : | Over $5C0,0O0.i 1 j : I

^,00 M bO Number associationsreporting.

5

Average number of yearsinoDerationin operauon.

soixsixvxg 881

SUMMARY 1.-BUTL.MNG- AND LOAN ASSOCIATIONS OF NEW JERSEY - CLASSIFICATION OFASSOCIATIONS ACCORDING TO NET ASSETS, BY COUNTIES—Continued *

COUNTIES, f

Essex*Newark t

Gloucester..

Hudson JJersey UBayonneHarrisonHoboken

Hunterdon.......Mercer?

Trenton^.

MiddlesexNew Brunswick..Perth Amboy

Monmouth

Morris

§1

I

$117,170122ff84

101,226

152,245147,160222,357357,298394 812

140,889

61,309108,526

126,070190.657

* See Summary 8, below, for totals.

93,357

I 97,5^0

fCity totals ineiaded In county totals.

NUMBER OF ASSOCIATIONS IN WHICH THE AMOUNT OFNET ASSETS IS

a

aa5

S«»•

1713

2

8

II

107

1081I

]614

15121

1212

1191

. . . . . . .

1

Is

6552

49333

1

2

73

]775

•3

sl

6.26.1

18.3

6.5656.1

13 5

12.924.5

5.7

12.9

5.7

oo

4

tod

o!Z5

COoo

HoGO

£ Includes 1 National. § Includes 1 State.

iw

E

v00, below

, for totalt.

o

o

1D0-

I5"co00oK>B

00

E

1II

Warren

Elisabeth

PUunfield

: 1 '

qo O £4k W O>k •£•• CO

o< — o<

O CO 00

0 00 -1w

to s t

i» en c

^ O5 SO CO *

M SI OO h~ CO

C?t —J -*J:O O tfJ»

^ °° °°l

tO K) CO

-© K) tO1 CQ CD

(1ijS3 S

d2.0*

a

128,248178 360

i ! • :

Sussex

Somerset

Salem

5 £ ?, S

! i i

• : :

» _ CO U

:% c5 S

- I

h-> h-i-.CC t

h - M »- co :

; |

I 11! :

to to

. . i

LO I-

- j

: I I

H

_ » •

! : :

^ Ien 3 5 |

CO CO *

-> CC H -

t* CO |

M i-* i

tO «vl (-» rfi. OS W W ^1 H-

ta CnCC *

b

p1

J

I

J

Average amount of netassets per association.

$3/00 and under.

$3,000 to $5,000.

$5,000 to $10,000.

$10,000 to $50,000.

$50,000 to$100,000.

$100,000 to$2'.0,000.

$200,000 to$51)0,000.

Over $500,000.

W

go

ASSO

CIA

TIO

NS ]

NET

A

b IN

WH

ICH

T

HE

A

MO

UN

T OF

BETS

IS

Number associationreporting.

Average number ofin operation.

8

years

a^v xoavj &o 06 [

SUMMARY 2.—BUILDING AND LOAN ASSOOIATIONS OF NEW JERSEY —CLASSIFICATION OFASSOOIATIONS ACCORDING TO NUMBEB OF SHARES OUTSTANDING, BY COUNTIES.*

COUNTIES, f

AtlanticAtlantic City.Hammonton..

Bergen.,

BurlingtonBurlingtonMoorentown t...Mount Holly....

NUMBER OF ASSOCIATIONS IN WHICH THENUMBER OP SHARES OUTSTANDING IS

Camdec;CamdBoi .................GloaceBter City ....«!!!!!!""!!

Cape May..

Cumberland,Bridge tonMillTille

1,764.1,794 .2,823 .

1,241 j

1,4211,299

6272,723

3,0813al31,661

633J

2,5064,028

* See summary 6, below, for totals.

1,793| '

fClty totalB incladed in eoanty totals.

LABGE8T AND SMALLEST NUMBER OF SHARESHELD BY A SINGLE SHAREHOLDEE.

2

1

10010064

55

3043450

1841

15014590

55

NUMBER OP ASSOCIATIONS IN WHICH THE

LARGEST NO. IS

12

6

!

150 ,1501.77 1

fc:

2

13

SMALLEST NO. IS

§T3

c8 >O

17

172

I2920

!

ii1

X Including 2 National! and 1 State.

SUMMARY 2.—BUILDING AND LOAN ASSOCIATIONS OF NBW JERSEY — CLASSIFICATION OFASSOCIATIONS ACCORDING TO NUMBER OF SHARES OUTSTANDING, BY COUNTIES—Oon'd *

LARGEST AND SMALLEST NUMBER OP SHARESHELD BY A SINGLE SHAREHOLDER.

COUNTIES f

12

NUMBER OP ASSOCIATIONS IN WHICH THENUMBER OF 8HABES OUTSTANDING 18

NUMBER OP ASSOCIATIONS IN WHICH THE

LARGEST NO. IS SMALLEST NO. 18

BloomfieldNewark!

100100

1,4581,666.1,1921.403

HudeonJArlingtoiBayonne.HarrisonHobokeoJersey CltyJ.

HunterdonMercer!

Trentonf

MiddlesexNew BrunswickPerth A no boy....South Amboy.

Monmouth...

40

743

22

o

73

742

9

12

611

i

CD

to

Is

>wo

s

* See summary 6, below, for totals. f City totals included in county totals. t Including 1 National, I Including 1 State.

SUMMARY 2.—BUILDING AND LOAN ASSOCIATIONS OF NEW JEBSEY—CLASSIFICATION OFASSOCIATIONS ACCORDING TO NUMBER OF SHARES OUTSTANDING, BT COUNTIES—Oonfd*

COUNTIES f

III§8

Morris.. 1596

Ocean 1515

Passaic 2,918Paterson 2,706Pasaaic | 4,619

Salem 1,615Somerset •

SomerrilleSussexUnion.

Elizabeth...Plainfield ....

Warren

1,2561650

781

2,3413 0562,226

1,324

Total, 1893 j 2,135Total, 1892..Total, 1891,.

1,9711,914

NUMBER OF ASSOCIATIONS IN WHICH THENUMBER OP SHARES OUTSTANDING IS

§

35

CO j -^

o I o

5 2

•::•

2 1l Il1

1l

55 9332; 61f 8739i 52 80

48 33 1367

44 3550; 28|

131610

LARGEST AND SMALLEST NUMBER OF SHARESHELD BY A SINGLE SHAREHOLDER.

~ NUMBER OF ASSOCIATIONS IN WHICH THE

a3a

S

40

20

15015050

35

4040

15

31840318

36304300207

LARGEST NO. 18

/

13

1072

107

9297106

8 8

S

L.2

111! 53 23;1011 55 1684| 43| 14

SMALLEST NO. IS

3aaa08

171332

421

isl i8i 12

2672602501

231010

• See summary 6, below, for totals. f City totals included in. county totals.

=3* a0

3t i S

i i

Average number of sharespledged per association.

I100 and under.

100 to 200.

200 to 300.I

300 to 400,

400 to 500.I

500 to 1,0 .JO.

Over 1,000.

I

OO K , J 2 ^ COK, W5 8

Number associationsreporting.

<INV soixsiivxg

SUMMARY 3.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY —CLASSIFICATION OFASSOCIATIONS ACCORDING TO NUMBER OF SHARES PLEDGED, BY COUNTIES—Continued.*

Essex!Belleville ...Bloomfield..Newark X

Gloucester.

ArlingtonBayonneHarrison.Hoboken..Jeriey CityJ

HunterdonMercer! ,

TrentongMiddlesex.......

New Brunswick .Perth AmboySouth Amboy

Monmouth

COUNTESS, f

NUMBER OF ASS0CIATI0K8 IN WHICH THE NUMBEROF SHARKS PLEDGED IS

S 6t>03 a

!I64

22

51

493321

38

73

15

o

u

o>

oa

O

* See Summary 6, below, for totals. f City totals included ia county totals. t Including 1 National. g Including 1 State.

SUMMARY 3.— BUILDINO- AND LOAN ASSOCIATIONS OF NEW JERSEY—CLASSIFICATION OFASSOCIATIONS ACCORDING TO NUMBER OF SHARES PLEDGED, BY COUNTIES—Continued*

Morris....OceanPassaic

Pater ROHPassale..

SalemSomerset

Somerrill« »Sussex............Union

Elisabeth.Plain field

Warren «..

COUNTIES, t

Total, 1S93.-.Total, 1892....Total, 1891.-.-

14'S.S

514H05794

6fil1,614

511354

493

133688974538

431

585529486

NUMBER OF ASSOCIATIONS IN WHICH THE NUMBEROP 8HARB8 PLEDGED 18

85OO

4845

333133

333530

2S

292631

192219

2

1

321

E3 *«

31

17133

2421

17922

766565

534034

291263268

S

•wo

*See Summary 6, b«low, for toUls. fCiiyJ-otuls incladtd in coaotj totals.

3TJMMARY 4 —BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—CLASSIFICATION OFASSOCIATIONS ACCORDING TO MEMBERSHIP, BY COUNTIES *

AtlanticAtlantic City..Hammonton..

Bergen.

Burlington....Burlington....Mooreitown..Mount Holly..

CamdeDj

Gloucester Gity..

Cape May

Cumberland.....BridgetonMillville..

COUHTIES-t

5-2

aa

357312385

161

221265108

474577

114

593909413

NUMBER OP ASSOCIATIONS IN WHICH THENUMBER OP SHAREHOLDERS IS

T3ap

o

i

321

a©

53

20

17223

30202

Coo

>i—<

» i

3

o

G

g55CO

* See •ammuies « «nd 7, b<low, for toUla. f CHy toUls incloded in county totala. X InoludiDg 2 SktionkU and 1 Btate.

SUMMARY 4.—BUILDING- AND LOAN ASSOCIATIONS OP NEW JERSEY—CLASSIFICATIONASSOCIATIONS ACCORDING TO MEMBERSHIP, BY COUNTIES-Continued.*

OF

Essex*Belleville...Bloomfield.Newark J....

Gloucester..

ArlingtonBayonneHobokenJersey Cityt —

HunterdonMercer^

TrentOB§.......Middlesex

New Brnnftwick.Perth AmboySouta Amboy

Mon month

COUKTIESt

NUMBER OF ASSOCIATIONS IN WHICH THENUMBER OF SHAREHOLDERS IS

•See summaries 6 and 7, below, for totals, t City totals incladed in couity totals. t Including 1 National. \ Including 1 SUte.

SUMMARY 4.-BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY —CLASSIFICATION OFASSOCIATIONS ACCORDING TO MEMBERSHIP, BY COUNTIES-Continued.*

MorrisOceanPassaic....

Pateraon..Pat-sale ...

SalemSomerset...

Sussex,....,Union

Elizabeth .Plainfield*

Warren....

COUNTIES t

Total, 1893.Total, 1892.Total, 1891

NUMBER OF ASSOCIATIONS IN WHICH THENUMBER OF SHABEHOLI>ERS IS

H

POS

2 H 2

395 -

41940? ..572

251

205

263.

170371516271

205

316

299

290

373140

o

33

8771

5755

28

3740

181828

311713

46 837 629 4

42117922

280

273

267

*See summaries 6 and 7, below, for totals. fCity totals included in county totals.

Oo6

H

00

OQ

SUMMARY 5.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY — CLASSIFICATION OFASSOCIATIONS ACCORDING TO NUMBER OF BORROWERS, BY COUNTIES*

AtlanticAtlantic City....H am m on ton....

Bergen. ] 299

Burlington.Burlington,.MoorestowtoMt. Holly X

NUMBKB OF ASSOCIATIONS IN WHICH THE NUMBEROF BOHROWEHS IS

CamdeDjCam dentGloucester City..

Cape May..

Camberland.Bridge ton .....Millill

100120

51

* See summaries 6 and 7, below, for totals. t City totals included in county totals. % Including 2 Nationals and 1 State.

SUMMARY 5.— BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY—CLASSIFICATIONASSOCIATIONS ACCORDING TO NUMBER OF BORROWERS, BY COUNTIES.—Continued*

OF

COUNTIES, f

NUMBER OF ASSOCIATIONS IN WHICH THE NUMBEROF BORROWERS IS

58

OB

§

1

ifBelleYiUe..........BloomfieldNewark*

Gloucester..

HudsontArliagton......BayonneHarrisonHobokenJersey CityJ

Hunterdon

Mercerf...TreatQDg..

665580

91

6839

12720712358

115

4775

4421

34

38321

17

l15

30

1

63

6122

49

443

133

* See summaries 6 and 7, below, for totals. f City totals included in county totals. X Including 1 National. - § Including 1 State.

SUMMARY 5.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—CLASSIFICATION OFASSOCIATIONS AOOORDING TO NUMBER OF BORROWERS, BY COUNTIES.—Continued*

OOUNTlH&f

MiddlesexNew Brunswick .Perth AmboySouth Amboy......

Monmouth.,

Morris.,

Ocean.

PassaicPateriou.....Passaie.......

Salem.

SomersetSomerrille

Sussex.

83i l l50

105

95

98

8581

127

63

5483

KUMBER OF ASSOCIATIONS IN WHICH THE NUMBEROP BORROWERS IS

•See summaries 6 and 7, below, for totals.

23 1f City totals included in county totals.

tooto

SUMMARY 5 — BUILDING AND LOAN ASSOCIATIONS OP NEW JBRSBT—CLASSIFICATIONASSOCIATIONS ACCORDING TO NUMBER OF BORROWERS, BY COUNTIES.—Continued.*

OF

COTJNTIESt

UniODEliz*beth«..Plainfield....

Warren

o o

I8i

Total, 1893....Total, 1892...Total, 1891...

9914851

787571

NUMBER OF ASSOCIATIONS IN WHICH THE NUMBEROF BORROWERS IS

1142

2(0202204

8

504938

161114

>O

§

16

2712682 2

• See summaries 6 and 7, below, for totals. t City totala included in county totals.

204 STATISTICS OF LABOK AND INDUSTRIES.

SUMMARY 6 -BUILDING and LOAN ASSOCIATIONS OF NEWJERSEY-NUMBER OF SERIES, SHARES OUTSTANDING

AND CANCELED, AND SHAREHOLDERS.

COUNTIES.*

AtlanticAtlantic Ci'y..Hammonton..

Bergen

Burlington....BurlingtonMoore»town ..Mount Holly...

Camden|jCamdenjGl'cester City.

Cape May

Cumberland.BridgetonMillville

BellevilleBloomfieldNewarkff

Gloucester

HudsonÂrlingtonBayon&e.........HarrisonHobofeenJersey Citytf...

Hnnterdon....

20

1722

SERIES

RUNNING-t

642226

128

11922

533

293210

17

75

6-21733

5041418

417

63

2729

1418

6218

13

9

NUMBER OF SHARKS OUTSTANDING, CANCELEDAND PLEDGED.

P

13

o14,1081

6,3823,7291

24,816

24,1632,6981/2538.1G9

I3

2,22970fl

1,863565

1,037 834

8,650

4,21433829

1,440

3,990

2,84048821765fi

95,495 39,506" 10 10082,168 j 36,7081 7 9403,202 6fil 517

. 5,062

17,5418,0567,071

136,5572,1195 487

110,183

9,997

6 125 1263.974

12.20212 078

6 6,8886 80,014

4,415

1,116

4,5951.6151,756

662

2,5151,0721,115

34,962 25 3086981 467

1,485|27,594

1,976

29,309

21,717

1,031

31 2311,789 1,0692,852 1,7(583,283> 8 084970' 424

19,899 24,397

362 98

I.5

ft3(>()

2<>l203

4,360

1,374§145

80784

29,40(528,702

44

454

2,080543(541

9,654231551

5,877

345

?1,922720

1 084199640

§4,408

264

t•8

?1O

o

w4,049

l.WVO1,472

4,449

7,742761237

2,234

19,07516,555l,0»8

1,479

5,2072,5042,102

410476!M>

1.54534,950

3,284

36,0781,1208H4H3.4031,895

20,072

1,313

PKR CENT.OF OUT-

STANDINGSHARES.

o>bi)-at>

s35»739

17

322010 i27

191834

29

29:$229

:u262832

33

292827282830

30

WJ

"O

D3?

1()1428

33

17182417

414417

21

:w2024

25332726

11

2445'23271423

8

iis&.9S

15o

3o131022

16

1118IT8

100610

19

141315

18221720

16

2527142fi6

80

2

* City totals included in county totals.+ Exclusive of perpetual associations.tlneroage of number issued during year over number canceled. See above, p.} Decrease.I InclusiT© of 2 National and 1 State association A.

% Inclusive of 1 National.

M oo

f— oweooosO <O » 5 5 0 0 os &i CC' 00 <3>o CD ! 11 £§§

Total.

Borrowers.

Per cent, borrowers.

I l§l « j£t. eui-j t,

S 3 g Ssi

Shareholders.

Borrowers.

CD

w

g

to ok aifr.«.ssS

Smallest.

Per association.

Per series.

^ o aCi

a CD oa b< < i«o c i . QO o> » . y-

l~> bo o >&»• CO bo bo C

Per shareholder.

• < I bo *»»*>- beo « c « . co HI

Per borrower.

S 2^3 2 - g f t 8 - g S Per association.

d

w

,05

Co

w

o

8So

soGO

too


SUMMARY 6 -BUILDING and LOAN ASSOOIATIONS OF NEWJB^BY-NUMBER OP SERIES, SHABBS OUTSTANDING

AND OANOELED, AND SHAREHOLDERS-Oont'd.

COUNTIES.*

Mercer?Trentong

MiddlesexNew Br 'nsw'k ,P e r t h Am boy.South Amboy..

Monmouth...

Morrip

Ocean

PassaicPalersonPassaic

Salem.

SomersetSomerville

Union. Elizabeth

Plainfield

Warren

Total, 1893.,

Total, 1892..

Total, 1891,.

297

291

275

SERRUNN]

113

F817295

49

11

3

278536

27

105

2

19114013

15

2,099

1,775

L539

IESNG.f

§

'8o8

;e p

er a:

?><

23

3•2

72

' 5

5

3

70

12

9

22

2

1947

7

7

71

6 1

0

NUMBER OF SHARKS OUTSTANDING, CANCELEDAND PLKDGRD.

3

8s"So23,7142t

14,9305 9722,806

14,848

4,789

1,515

52,5-:4ST. 88413,857

4,840

5,024a,8oo

781

39,79427 4924,452

2,648

634.103

571 665

I0

"8

0

18

1.5,200 3,7^8H7S51 - * ' "

4,^84' 3,2751,328 " *""2 245

400

3,105

778

478'

282

1,351

5'

12

19,371 11. (i5915,7018,4fi3

895

850fi50

100

10,363r>,97t

938

725

183,134 100855

172.056

155.005

87162,809

579

10

144

2.730784

478

89,474

73 287

.2• * *

li>,4021 1 , KM)

1,309||221

1 280118

1,764

31)9

400

7,7127,045

584

310

71K

540

10

5,7533,241

154

24770,279

83,182

81,718

PBR CENT.OP OUT-

STANDINGBHARRS.

I3

•sbo

[ple

d

§

Bor

ro1

3,0182,4f>9

8,181fi, I8fl1,4*.) I

772

4,5(>0

i,r>i3

oo-)14 388

9,2544.H52

3,534

1,41598(1

133

11.7CU8,771l.O7fl

801

173767

153813

l.'UO'in

Ple

dg

1312

31352528

31

32

40

272435

32

2830

18

293224

33

27 4

20.9

25 3

year

,

U)q

"Sa

6407

17a

14

20

16

32

374'225

18

1717

£2

202221

24

~2a30

30

•s1I18

121018U

12

222321

12

3.3

18

121018

19

17

18

14

*City totals included la county tot«l«.tExclmire of perpetual asMOciafcionn.t Increase of number issued during year over number oanoeled. See above, p. lfifl.$ Inclusive of 1 State.I Decrease.


SUMMARY 6.—BUILDING and LOAN ASSOCIATIONS OF NEWJBBSEY—NUMBER OF SERIES, SHARES OUTSTANDING

AND CANCELED, AND SHAREHOLDERS—Oont'd.

NUMBER OF

3H

3,0092,616

4,5272,44ft

935600

3,215

874

395

7,5525,6981,718

753

822526

170

6,3104,647

543

411

93,889

87,762

78,725

I329

225

1,499889252211

857

264

98

1,5591,132

381

190

218167

23

1,6851830

102

148

22,910

21,752

19 255

SHAREHOLDERS.

borr

ower

s.

£om&4

308

33352f>35

26

30

24

201922

25

2631

13

262818

36

24 4

25

25

AVERAGE PERASSOCIATION.

lare

hol

427872

251BOH187300

359

292

395

419407572

753

206263

170

371616271

205

316

299

290

I©PQ

4775

61i n

60105

95

88

98

8681

127

190

5484

23

9914861

74

777571

NUMBER OFSHARES HELD

BY ONESHAREHOLDER

100100

205205

5020

100

40

20

15015060

35

4040

15

31840

318

nalle

st.

1l

.i y

' l1

1

1

1

111

1

11

1

111

36 1

318

300

207

iii

AVERAGE NUMBER OF SHARES.

1

13,388. 288

7,320 331

1,460 43718881.1941,403

1,650

1,596

1,515

2,9182.7064,619

1,615

1,2561,650

781

2,3413 0532,226

1,324

2,135

1,971

1,914

S7S252561

303

339

505

1,940446S85

179

502660

390

11467

342

176

281

304

316

>hol

der.

7.99.2

5.86.16.44.7

4.6

5.5

3.9

6.96.68.1

6.4

6.1

PLEDGED.

iI8.410 9

5.4ft.S5.S3.6

5.3

5.8

6.2

9.28.2

22.7

8.1

6.46.2 5.9

4.6

6.35.98.2

6.4

6.7

6.6

6.6

5.8

6.96.6

ie.fi

5.9

7.5

7.1

6.8

I

431819

45464829S357

507

514

605

800661

2,627

511

371493

133

690974538

430

585

529

486

*$* I ifIssiLlMl

iEa^ sss §_».ii_is85_i_ii§

Corporations,firms, Ac.

S «^K £ gsS gBSl_l_IM

Corporationsfirms, &c.

ao sonsnvig

SUMMARY 7.-BXTILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—SHAREHOLDERS ANDBORROWERS-MALE, FEMALE AND CORPORATIONS, BY OOUNTIES-Continued.

COUNTIES.*

Gloucester

HudsonfArlington. ... ...» .BiyoniiB ••» ...... >Barrifton .. • »..<

Jersey City}"

Hunterdon

Mercer +TrentonJ

MiddlesexNew Brunswick.Perth Amboy

Monmouth .,...

Morris

Ocean

1EH

1,780

15,888517

1,6601,860

63110 803

776

3,0092 616

4 5272 445

935

3,215

874

395

SHAREHOLDERS.

15

a3,114

11,874442

125»1122

8 116

417

2,4092,130

3 1311,656

719

2 037

642

258

©

1587

3,91372

2S5735133

2 621

335

" 569464

1 354772

1097

219

132

s»6

49

1013

1665

66

24

3122

4217

7

81

13

5

BORROWERS.

640

3,3261183804131 3

2 210

231

329225

1,499889252

857

264

98

15

1483

2 53110328230b104

2 673

133

233155

1 102666195

553

199

71

2

149

7682596

10518

516

89

8865

3S321355

287

59

26

.8-8

as8

27

221

21

9

85

1410

2

17

6

1

PER CENT. OFSHAREHOLDERS.

IS

a64

758581607876

54

8081

706877

63

73

65

6

i&

33

241418392124

43

1818

273122

34

28

34

Jbas6

3

1iiill

3

2i

3ll

3

2

1

PER CENT. OPBORROWERS.

'mi

a75

768774748576

60

7169

747577

65

76

72

6

mal

&

24

231325251423

38

2729

252422

33

22

27

U

>rpo

firm

61

1

1111

2

22

111

2

2

1

ao

to

M•2!

IT1

o

oca

ISI—I

§

* Oity totals included in county totals* f Including 1 National. % Including 1 State.

ss.Fr-

I ? I l l

Qi IO CO

i

SB1 2

£ s i ! S_jS g I I I

S alts E

Total.

Male.

ICO

1 -*i -<i | -a

Female.

Corporations,firms, Ac.

Total.

Male.

Female.

Corporations,firms, &c.

Male.

t-o to toO i «^l <35

to

i—• i—• I tO M K > K )

-4

Female.

Corporations, ' g !firms, &c.

Male.

Female.•J

Corporations,firms, &c.

iss

IS

( ^ OQ

g |

$0Q

Ho

2 0°

OQ W

O td

pa

I?2 O

QNV noavq do soiisixvxg

td td

f

tOJ-J*-1 COfrPhJ -•3 O toooC

3

5OW tSasS l+*

50 co

^ toto

to""^1 H-* 00 CD

S 3 O

Number of associations.

Shares in force.

Shares borrowed on(pledged).

Total shareholders.

Borrowers.

Net worth (net assets).

Installment dnes on sharesin force.

Net profits on shares inforce.

82CD

jsCD 0 3 CQ

piu3 25 brf

QOQ

XI5 #8iioixvioossv

SUMMARY 8.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,

RECEIPTS AND DISBURSEMENTS.—Continued.

O0UHTIEB.*

AtlanticAtlantic City..Eammonton.,

Bergen.

Burlington....Burlington....Mooreetown...Moont Solly..

Camden ,Cunden -....*. .,Gloucester City....

TOTAL OUTSTANDING

AMOUNT OF DEBTS OWING BY ASSOCIATION'S.

16

12221

21212,

a§I3

CASH BORROWEDDURING YEAR.

$54,06620,246'33,245

43,76(7

18,475!4 3131..2,639,6,000

91.162|19,009

\

431

12

I

$15 56612.9662,600

117:345

22 985

4,87514,660

42,47538,4752,000

CASH REPAIDDURING YEAR.

LOANS UNDELIVEREDTO BORROWERS.

mqo

a53

321

12

6

l2

1071

$6,3004 8001,500

125,740

26,521

2,32519,150j

39,10035,0152.000:

$686

41,926

5,100

UNEARNEDPREMIUMS.

I

2,600|

33 07524,700;3,334L

2,749

5,399

3,6291,770

23,25621,322

Ia

o£0

Im

• City totalB included in coanty totalspremiums and undelivered loans.

f Inclasire of dqes in adraQce and amount owing on cancelled shares, bat exclusive of net wortb, unearned

SUMMARY 8.— BUILDING- AND LOAN ASSOCIATIONS OP NEW JERSEY-GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,

RECEIPTS AND DISBURSEMENTS—Continued.

COUNTIES.*

AtlanticAtlantic City .„Hammon ton...........

Bergen.

BurlingtonBurlington.., „. ,„....«.« ««...« —MoorestowB ....Mt. Holly

CamdenCamdenGloucester City ^.. „

* City totals included in county totals. f Total* inalude discounts.

!

832

20

17

31212

RECEIPTS DURING ASBOCIATIONAL YEARS.f

&

2

I$387,120

152 714165,098

584,587

435.27068,65331,130

107,621

1,650.4361,306,957

66,512

DUES, INTEREST ANDFINES.

882

17

17223

REPAID LOAN

$253,102107,90899,802

328,965

291 37444,42917,49869 364

31 1,132,48321 J 913,3742 i 57,954

11

16223

28192

1105,12025 27657,269

108,928

72,66818 0337,580

15,850

378,966277,536

6,676

,9 sswg 2

•H IS?! 19 0 O

§ L

II?

Ot COCM ^ _ GO4* ao O

Number associations.

Total amount reported.f

2 HI

s: -;25s

M I—1

CO K> K> -vl CD tg CO OP

11 wO ^ to

I

as co

O toSo

I—i $ a. no

JO

Oi> "^ to w oo

88s"i § sa l


Total amount reported.



Number associa-tions.

Total amountreported.

Numberassociations.

Amountreported.

JN umberassociations.

Amountreported.

Numberassociations.

Amount | §i a i 'reported.

QQ

a

CO

td

O h>

CQ

CD 0 0 JZJg a osi00I

l02 CD

• >

IOQ

nz

SUMMARY 8.-BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,

RECEIPTS AND DISBURSEMENTS.-Continued.

C0UNTIK8.*

NO. OF SHARKS.NO. OF

SHAREHOLDERSNET CAPITAL AND PROFITS

Cape May....

Cumberland.BrideetoDMillville

BelfevifieBloomfipld .Newark^

724

6522

52

5,062

17,5418,0567,071

136,5572,1195,487

110,183

9.907

1,479

5,2O7J2,594,2,102!

I41,647

5391,545

34,950

3,284

914;

4,1541,81811,653

18,202423,

14,599

1,780.

40S

54f626

16C3,495

64C

$211,501

874,690463,918320,162

6,048,04->89,028191,037

5,061,061

$57,804

253,880129,69197,902

1,507,9892o,mo93.581

1,313,286

551,788 156,702

* City totals included in county totals. f One National, in which larger portion of shares held by non-residents.

§I3

i

1

ooi

Cd

o

oen

SUMMARY a—BUILDINGJAND LOAN ASSOCIATIONS OF NEW JBRSBY—GENERAL STATIS-TICS: SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTED-

NESS, RECEIPTS AND DISBURSEMENTS—Continued.

COUNTIES.*

Cape May.

Cumberland.geton..,,..Bridg<

Millville..

EssexBelleville...Bloomfieid.Newark..

Gloucester.,

TOTAL OUTSTANDING.

AMOUNT OF DEBT8 OWING BY ASSOCIATIONS

5322

41

1i


I•S

I0

$5,89l|I

3 511'

2,899

305.451 473,190 1

10,339 2277,264 36

14,725:.

I

$500

900

CASH REPAIDDURING YEAR*


O

I

900

707,7332.000

10,193631,080

$200

3,900

900

a

I$1330

UNEARNEDPREMIUMS.

666,475 231//00 1

13,500 1582,515 IB

100314' 612,2233 971 .

72,648 3;

l!

gO

3S

296

21,222

19,101

1816

* City totals included in county totals.premiums and undelivered loans.

f Inclusive of dues in advance and amount owing on cancelled shares, but exclusive of net worth, unearned

Wo53

S

SUMMARY 8.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERAL STATIS-TICS: SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTED-

NESS, RECEIPTS AND DISBURSEMENTS-Continued.

Gape May

Cumberland..Bridgeton,......Millill

EssexfBelleyille...Bloomfield..Newark^....

Gloncesfcer.,

COUNTIES.*

724

65

52

RECEIPTS DURING ASSOCIATION AL YEAR

I$108,124

402,240199,596152,484

3,980,43344,5G3122,324

3,395,218

PUBS, INTEKEST A2U)FINES.

724

6022

43

|

$63,914

285,084132,306117,652

2,050,82734,99683,150

1,713,313

REPAID LOANS.

mao

623

5012

41

ao

31$8,112

101,72554,66032,500

709,4164,186

23,805655,315

* City totals included in county totals. X Totals include discounts.

259,818 7 172,085 7 73,302

^ One national, ID which larger portion of shares is held by non-residents.

Oo

Pi

to

CD©Ot I

PiIt

8*3

sr

£ M

h i ir :

*• • 1 " • •: ; s : * ;

• • • • • *

Hi !!! i

S

Number ftssociations.

Total amount reported.!

g i S j < g rf *• coiv- 5b e >f» >- X co M

a,Boo

borrowed

I

_-»

I—J

1

CjO W tO H-4

(—1

to * o> o '

A. Cl-«o t« to ic

i





s i

•5 CO K- Oi 1 O

Number associa-tion?.


Numberassociation?.

s S

O JO t - B H tfk. »O < I CO

-1 co 3 O o © tO IO

Amountreported.

Numberassociations.

Amountreported.

Numberassociations.

Amountreported.

i

g

ONV aoavj ao soixsixyxg 813

SUMMARY 8-BUILDING AND LOAN ASSOCIATIONS OF NEW JERSET-GENERAL STATISTICS:SHARES AND-SHAREHOLDERS, NET ASSETS NET PROFITS, INDEBTEDNESS,


COUNTIES.*

ArlingtonBavonaeHarrisonHobofcenJersey Citytf..

Hanterdon..

493

M«rcer...,Trenton..

Middlesex..New Brunswick..Perth Am hoySouth Amboy

**3

18

NO. OF SHARES.

,4

125,'.263,974

12,20212,0786,888

86,014

4,415

23,71421,960

26,40014,9305,9722,806

a©-a

NO. OFSHAREHOLDERS.

2'o

1,£3

iI

NKT CAPITAL AND PROFITS.

-2CD

o

6,67S1,1293,3183,4631,895

26,072

1,313

3,0182,459

8,1816,1 m1,494

772

15,888519

l,5f.(>1,860

63110,803

776

3,0002^516

4,6272,445

9:i5600

3,:^261183*0413123

2,210

231

329225

1,499889252211

,1

IIIsa$7,659,990

145,010fi67,0727i4ft6,394,812

5,592,097

281,778

429,165325,618

2,170,1771,361 598404,004238,010

15,893,089,116,354'544,37757I,*90330,4081

4,303,879'

£32,020

$1,676,90128,656122,695142,70664,404

1,288,218

49,758

tf33,194H 1 8

l,<>4-,302300,804187,388

502,067316,296103,20050,622

* Ci'y total-* included in county totals, fl On« National, in which larger portion of aharps is held by non-residents.People1*, of Trenton, no data, and omitted. ft Data iiot reported ia one association with $258,325 Assets.

** From one association, the

©o

SZS

tr1

o

COoa>- 3l—i

o

SUMMARY 8.— BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,

RECEIPTS AND DISBURSEMENTS.-Continued.

COUNTIES.*

Hudson^.. ...Arlington

JBayonne ,HarrisonHobokenJersey Citytf..

Hunter don...

Mercer....Trenton.

AMOUNT OF DEBTS OWING BY ASSOCIATIONS.

MiddlesexNew Brunswick..Perth AroboySouth Amboy

4233|21

32

$390,5786,5325 910

175204

371,736

6,223

22 56810,893

11,6081,0901124



3932

II29

paoS03

1,163.962!24 8984 500

29,10(17,000;

1,061,669

18,500

30.65113,500

23,84823,848

403121

31

o

ton

woto

29,98825,488

• City toUlB included in county tot*\B. t Inclusive of dues ia adv&nee and amount owing on cancelled shares, but exclusive of net worth, unearnedpremiums and tradelirered loans. f 1 National, in which larger portion of shares is held by noc-residenta.

SUMMARY 8.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,


COUNTIES.*

HudsonÂrlingtonBayonneHarrison....HobokenJersey City IT

Hunter doD..

Mercer....Trenton..

MiddlesexNew Brnnawick -Perth AmboySouth Amboy

RECEIPTS DUBING ASSOCIATIONAL YEAR J

463321

35

$3,776,349100,863298,154300,209124,927

2,K51,800

100,391

250,152195,485

678,219405,369118,86178,686

DUES, INTEREST ANDFINKS.

443221

34

2

5

H7

$1,930,46152,85467,368

199,032104,494

1,447,001

68,669

41,82413,390

398,384287,416

16,44149,296

REPAID LOANS.

39222I

30

14

$522,21124,664

211,11767,1858,220

397,425

11,300

21,04114,700

136,01689,7385,078

23,420

a©

Ht—i

a

*City totals included in county totala. JTota!s include discounts, f One National, in which larger portion of shares is held by

o

COmO

HI <

toto

SUMMARY 8—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSBY-GBNERAL STATIS-TICS: SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTED-

NESS, RECEIPTS AND DISBURSE MEN TS-Contixmed.

COUNTIES *

DISBURSEMENTS DURING ASSOCIATIONAL YEAR8.

Hudson*!" 46 $3,548,683 45 $976,613 42

Mercer.Trenton

MiddlesexNew BrunswickPerth Am boy.Sooth Am boy.

•City total* inc)u ied in county totals.• f shares ia held by aon-residcnt*.

o50

2on

f Totals iDclade repayment* of m o n e y borrowed by as soc ia t ions . % One National , in which larger portion

SUMMARY 8.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,

RECEIPTS AND DISBURSEMENTS.—Continued.

COUNTIES.*

NO. OF SHAKES.

.9

§

£

NO. OFSHAREHOLDERS.

t

I

NET CAPITAL AKD PROFITS.

^

5

•a

Qo6so•

3tod

Monmouth

Morris

Ocean

PassaicPaterson

Passaic

Salem

Somerset ,

Someryille

Sussex

•City totals included in county totals.

18143

14,848

4,789

1,515

52,524. 37,884

13,857

4,846

5,0243,300

781

4,560

1,543

605

14,8SS9,2544,852

1,534

1,415986

133

3,215

874

395

7,5525,U981,718

753

822

526

170

857

264

98

1,5591,132

381

190

218167

23

$840,213

292,769

127,955

2,506,0141,769,695

330,501

267,03418],041

26,510

$669,544

250,957

100,578

2,052,5921,459,011

555,266

263,842

229,752156,600

23,754

$170,669

41,812

27,377

453,422310,684133,996

66,659

37,28224,441

2,756

oi5

totoCO

SUMMARY 8.—BT7IU>INGr AND LOAN ASSOCIATIONS OF NEW JERSEY—GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,

RBOBIPTS AND DISBURSEMENTS.-Continued.

COUNTIES.*

Monmouth...

Morris „..,.

Ocean ,

Passaic...Pater SOD.PasBaio....

Salem

TOTAL OUTSTANDING

Somerset..Somerrille..

Sussex..


14n2

2

2

S3ao

I

CASH B0KB0WEDDURING YEAK.

SO

1

$65,280)

771

98,22094,4 72.512

20,477

3.265

2,265!

451|

10

CASH REPAIDDUBINQ YEAB.

LOANS UNDELIVERBDTO BORROWERS.

I

$40,415

9,075

117,22953,36939,960

350

2130021,300

3,110

11

go

$18,706

8375

108,67946,81939.96C

27 18527,185

6 700

q53O

UNEARNEDPREMIUMS.

8

1P5

$5,742,.

5,885

45204

27,15711,48114,623

1,959

I

23CO

S

V

$284284

3030

*City totals incladed in coanty total*.premium! and andelirered loans.

f Inclaaire of does in ad ranee and amoant owing on cancelled shares, bat exclusive of net. worth, unearned

SUMMARY 8.— BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,

RECEIPTS AND DISBURSEMENTS—Gontinued.

Monmouth..

Morris

Ocean

PassaicPaternon .Paasaic....

Salem

Somerset ...Somerville..

Sussex ......

COUNTIES.*

RECEIPTS CUBING ASSOCIATION A L YEAR.J

3

3

9

3

1

17133

1I

1398,216

120,836

37,005

1,348,609911,136357,984

130,626

121,74288,166

17,531

DUEF, INTEREST ANDFINES.

16133

gO .

III*

$186,019

82,238

21,178

924,241702 906221,335

71,718

78,01351,009

12,098

BEPAID LOANS

a

Si

$40,805

7,736

11,400

213,012137,57072,672

35,330

14,373

14,373

2,000

aoo

W

oo

* City totals included in county totals. % Totals include discounts.toto

g0 0 C* Oi " < ! M C O

CO oa — O i M COII•5 W

|

O

B

JCO OO S ^ Q « 2>eft **-! " 1 ->l to O O

TV00 O v ^ h - J C O O O O

Ss8 S iS's"! S S w§ <*> h- Li 3 O GO 00 O


Total amount reported, t





CO M CO

So» co ffl

IO- 1 ~G>

Number associa-tions.


Numberassociations.

Amountreported.

Numberassociations.

•w Amount

ôi - CS«« w °< °» g to oo 5J J§ co t-o co g

I—« IO O J O I O

00 0O'c?« o

reported.

Numberassociations

Amountreported.

1tn

68

d!z|

CD CD

siSitd si

CD3

o00

CTMV 50 soixsiivxg

SUMMARY 8—BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY-GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,


COUNTIES*.

Union ...Elizabeth.Plainfteld ..

Warren

Total, 1893Total, 1892Total, 1891 ,Average, 1893.Average, 1892.Average, 1891..

1792

J297

290

271

NO. OF SHARES.

0Q

39,79427,4924,452

2,648

634,163

571,665

518,777

2,135

1,971

1,914

§

1

11,7068,7711,076

861

173,767

153,813

131,620

^85

529

486

NO. OFSHAREHOLDERS.

CD

"3,£3

8

oH6,310

4,647543

411

93,889

87,762

78,725

316

299

290

I1,685

1,330102

148

22,910

21,752

19,255

78

75

71

NET CAPITAL AND PROFITS. 9

I

$2,180,2091,605,243

277,210

173,904

133,836,487

£9,989,767

25,606,373

116,95S

103,413

94,452

•aS3

o

ut$790,363;

f330,623213,500

130,704

§125 543 127

[[23,617.860

20,484,127

87,777

81,933

75,587

•8O

f |218,485-f-103,259

63,710

43,200

^$6,873,774

|f6,085,659

6,133,410

23,621

21,124

22,629

bj

g

to2$

• City totals included in coanty totals. f Data not reported in five associations with $1,271,661 assets.Trenton, a National, no data, and omitted. 2 Data not reported in six associations with Si,429,986 aseeti.

X From one association, the People's, ofg One association not reporting.

fcO

to

SUMMAJRY 8.—BUILDING- AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERAL STATISTICS:SHARES AND SHAREHOLDERS, NET ASSETS, NET PROFITS, INDEBTEDNESS,


TOTAL OUTSTANDING.

COUNTIES.*

Union.......Elisabeth...Plainfield....

Warren

Total, 1893.....

Total, 1892......

Total, 1891

Average, 1893..

Average, 1892..

Average, 1891..


1682

225

226

187

o§

a$205,095

162 832206

17,844

$1,379,421

1311,038

1,002,125

6,131

5 801!

5 3891

CASH BDRROWffDDURING YEAR.

a{3

55

155

148

141



$227 920|99 6004,000

13,097*

$2 576,961

2 316,559

1,999 679

16,625

15,652 .

14.182.

i

i

160

149

141

3

$209 570'89,200!4,000

9,147 j

$2,468,524;

2,190,067

1,749,113

15116J

14899;

13 810|

UNEARNEDPREMIUMS.

I'I§

i

$43,345: 822 2616,200

1,896

$393,042

4.,094

-I-

38

$395,56528,621

toto00

GO1-3

m

Wo

$167,732

c|H

4?141

•City totals included in couaty tot&la,premium! and undeiiTered IOKDS.

f InclusiTe of dues in advance and amount owing on cancelled Bhares, but exclusive of net worth, unearned

3 ,„,=!I ill

J8 J* co QO cr>

S oo ? *§ P

to to toCi 00 -'sP MGi Oi O I •-* N> «e - 4

8a


A 4- Ol M O SGl CD i» Ct *-4 «O

•** O Ci O Ci« rfk it- M CO ^ H - 00

j+* to to Total amount reported.

^ No. associations.

^ II to

Total amount re-ported.

No. associations.

Total amount re-ported.

Igo

•" 00OQ "l

nib

mm

Sa5so ^ o031> s;0 03 03

2to wH IT1

i•SNOIIVIOOSSV ONV

u

IS

Si

O g 3

2 S S

£>5

W2 we

tor a

41S|B

IS;

Number of associations.

Total net worth (net assets)

•! s?

j£ siS I l i

p Total resources (grossfew jo assets).

a? Amount.

CO »o w •-*H^ o o s CO

SSoo S325

Per cent, of in-vestments.

K tdo o

• CD

M

8

CO. o ^

«oo g!ss ^

& 2

CO

sis

^ 3 2 a?2 OBtf»0O

Book loans (stock), ascollateral only.

Real estate.

- -I' Oo 5 OK

.•si Cash on hand.5 M

CO

t^ _ O j35 M-.P Other a s s e t s 4co Is 22 iv»en too ^ I

O*4

'SNOIXVIOOSSY QNV

SUMMARY 9.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENT OF ASSETS,BY COUNTIES—Continued.

AtlanticAtlantic City ,

Eammonton..

Bergen.,«

Burlington...Burlington ..... .Mount Holly ~~

CamdenCamden CityGloueetter Gity» «..*«M»..^«.

Cape May....Cumberland

Bridgeton „.._ ..Millrille ^

* City totals included in county tot*l

SUMMARY 9.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY-INVESTMENT OP ASSETS,BY COUNTIES—Continued.

Essex.....Newmrk,.

Gloucester

Hudson.Jersey City....Hoboken

Hunterdon.,

Mercer...Trenton..

COUKTOEBL*

MiddlesexNew Brunswick..Perth Amboy

6552

4938

1

o

1

$7,616,034€,374,347

708,580

7,659-9906,592,097

394 812

281,778

429 165325s6l8

2,170,1771,361 598

404 004

INVESTMENT OP ASSETS.

3$8.O41,521|6,736,732

725,133

8,345,8926,161 250

406,617

289,404

458 821343.699

IJ2.190 2491 363,421

412.909

BOND ANDMOETGAGE,

E3O

B

$7,398,1136,189,164

667,667

7,735 6065,t)75,(.«87

379,000

262541

393 6n8308.005

1[l ,973.1581 244 955

31P CQ

2§&

92

9292

91

899169

11 3

92 $336,524 $63,87891 283,843 56,207

14,088

84 55371,982

10,336

129,270103,337

7,480

5,644

17.226 15,4426,035; 8,670

113 929' 9,03392,944 4 64'9,000 775

$143,205121,842

14,456

217.839151,499

17,381

873

4 8592.326

45.3267 383

27,514

u

$97,47383,348

18,686

178.424158,445

2,756

20,346

27 63618,663

48 95413,49328,590

•City totals included in county totalg. f Inclusive of arrearage*. gOne email association not reporting details of investments,for one association not reporting. V Partly inclusive both of mortgage and stock loans : Middlesex, $225,190.

3 Data for 1892

oo6hi

tdI—(

O

DO

§

§

to

StTMMABY 9.~BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY—INVBSTMBNT OP ASSETS,BY COUNTIES—Continued.

COUNTIES.*

Essex

Newark

Gloucester

HudsonJersey City *

Hoboken ;

Hnnterdon

Mercer..Trenton- ~, ,

MiddlesexNetr Brunswick „Perth Amboy-

* City totals included in county totmli

ARREARAGES.

TOTAL.

aga

63! $51,97450 40,844

7| 11,673

35,25'

1

65,57047.8492,756

2 20,346

1573

19,96518,663'

24,4847,260

10,089'

6249

3121

g1

$26,63120,725

4,420

32,77722,5661872

3,702

12,73812 112

3,6291,27<

51

3324

I

1

CDO

$18,34513.740

4,614

23,56418,991

665

113

6,6306,073!

3,322342

4938

9O

71

2

.' 4,024

3.377

4781,414

609II

38

PREMIUMS.

g

131

9!

578 ...478 ....

954151 .

§B

$12

4,7762.641

10S

DUES INADVANCE.

44

24l1

l

Il

$10,6178,098

3,216

10,1108,421

197

340394

1,2471090

25

DC!H>•HMCO

3CO

o

*4

CO

H

SUMMARY 9.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-INVESTMENT OF ASSETS,BY COUNTIES—Continued.

9

H<•*

ft

Monmouth,...,

Morris

Ocean..... ,

PassaiePatereon...Passaic ....

Salem

Somerset.

Sussex... ..

•COUNTIBS,*

,u

•City totals Included in county totals,mortgage and stock Joans; Salem, $4],574.

3 330,501

4 267,034

26j510|

f Inclusire of arrearages.

I


08

$840,213) ^916,177

292,769

127,955

2,506,0141,769,695

689,262

297,921

127,9-55

§2,637,634§1,881,385

706,847

335,178

272,287

26,961

BOND ANDMOETGAGB.

a0OB

$875,234

267,118

119,085

2,454,3451,755,067

654,663

11297,511

244,950

26,500

8-9

95

89

92

939392

87

90

98

n$11,002

23,772

6,500

77,11153,06621,488

535

18,191

265

Io

O

$600! $11,722 $17,619

225 3,69l! 3,115

1,689 681

7,9*. 73,7274,200

58,42338,40919,306,

4,247i 27,881

4,000| 2,535

§ Data for 1892 for one association not reporting.

| 132

g Partly ineluaiv*

39,82831,1267,190

5,004

2,611

64

both of

CO

oCO

toCOC

§ 1 1 nli ?! h

g«3

I - * CO CO O3 r- O l «-» CO CD

O5 g<

Associations.

Amount.

I Associations.I

a!

CO M CO

| | | 2 § |

c

Amount.

Associations.

Amount.

Associations.

Amount.

Associations.

Amount.

Associations.

Amount.

&o soixsiiyxg

on

S

II•

I ?S O

i

SUMMARY 9.—BUILDINa AND LOAN ASSOOIATIONS OF NEW JEBSEY—INVESTMENT OF ASSETS,BY COUNTIES—Continued.

COUNTIES*

Union ,Elizabeth..PJainfield..

Warren..

17

290Total, 1893Total, 1892Total, 1891 271Average, 1893**Average, 1892**Average, 1891**

173 904

297 $33,836,487

£9 989,767

25,608*373

116 958

103,068

94 448


BOND ANDMORTGAGE.

3oS

$2,180,209 £$2,458,760 £$2,333,4651,605.243 1812 2OJ §1751,790

277.210 283,624 247,073

193 372 170 200

2 6 , m 1132,883458

31,769,281 ||29,025,140

27,084,9051 ^24,847,905

120:627 119,575

109,308, 102 850

99 9401 91.690

919687

O !

$52,38825,58415,687

13,950

92 $1085,334

912

91.21

1,012 613

803.241

5071

3,737

2 964

2"5

A$2,500

2,500

4,643

T3

ao

$35 94113,80513,363

2,700

$29,54015,525

7,501 !

1,879

$405,758 $752,570

330,358, 717154

339,397 532,866

$699 262

684,016

561,696

4,316 2,757 2,461

1140; 2 490| 2 375

1252 2 335; 2,077

•City tot»ls included in county totals. f roclusire of arrearage?. {One small association not reporting details in inFestments. ^ Partly inclu-sive boih of mortgage and stock loana: Middlesex. S225.190; Paiem, $41,574; Union, $201,840—a total of $1,425,597; also, $516,654 not ba*ed on stock.I Partly mortgage and stock loans included, a total of $1,250,946; also $480,700 not based on stock. % Paitly mo tgage and stock loans included—a totalof $1,871,281. •• For associations reporting.

Oo

t 1

m

a5

>

o

SUMMARY 9.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENT OP ASSETS,BY COUNTIES- Continued. j

00

COUNTIES.*

UnionElizabeth..Plminfield..

Warreo.

TotaJ, 1893,....,,,,

Tota), 1892

Total, 1891

Average, 1893f...

Average, 1892t...

Average, 3891t~

ARREARAGESDUES IN

ADVAKCK.

125

IO

a$21 TOfi

6,87

1,630

263 $367,31:8

245

222

283,052

246,790

1,396

1,155

1112

00

§

1152

Ia

$6,5001,5283,997

36 i

212 $140,870

190

157

109 284

92,538

665

575

525

aaoB

9| $8 2104 5,32821 2,683

\S6 $92840

163

339

64 5901

45 1311

499|

396'

325

FINES.

§

10! $1203945156

53

169 $14,254

142 10,09

PREMIUMS

oM I

a

51

40

28

85,

71

§OS

3

13 $72 9076 71,0442 181

$7,088

9,170

6176

139

229

22 L

143

181 $187,502

175 191,071

134975

1,036

1,092

944

H>

ODO

Wo

3s

•City toUls included in county totals. t For tasociations reporting.

SUMMARY 10.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-MATURITYOP SHARES.

LOCATION AND NAMES OF AJBSC CIATIONS.

§

NUMBER OPSERIES.

"3a3

SERIES MATUREDDURING YEAK.

§B a

i<

©6

W

Atlantic county.Atlantic City—Loan and BuildingHammonton—Loan and Building

Workingmen'sPleasantYille—Mutual

Bergen county.Rutherford—Mutual

Burlington county.Beverly—Building and LoanBurlington—City

Farmers' and Mechanics'Mount Holly—Building and Loan

Industry.....Riverton—Cinnaminson,......,* Dues, 50 cents monthly.

Jan., 1869Dec/, 1871Jan., 1877April, 1870

May, 1876

Jan., 1868Feb., 1868Mar., 1871Feb, 1862April, 1874Oct., 1878

17

2522311915

1727179

32

232022221915

10 Sept., 189216 Nov., 1892101 Nov., 18934 Nov., 1892

21 1893

11 July, 189311 Mar., 189311121110

18931893

Dec, Ih921893

129i3321130128

126

140333134144141129

$7J 0068 0070 0072 00

74 00

60 0067 0066 0028 0029 507L 00

10.179.299.8510.46

11.10

7.299.028.756.437.0710.17

200

200200200*100*100200

©

COoo

t

o

toCO

SUMMARY 1O.— BTJUJHNGr AND LOAN ASSOCIATIONS OF NEW JERSEY—MATURITYOP SHARES—Continued.

9.0110.179.149.299.858.75

10.178.49

10.467.079.01.8.24i

ASSOCIATIONS.

Camden county.Camden City—Artisans*..

Camden.~City-ExcelsiorFranklin.German CentennialMechanics' and Workingmen'eMutualNorth Camden ~People's-South Ward.,

Gloucester City—United MutualHaddon field—Mutual

Dec., 1873

July, 1867May, 1874July, 1870Sept., 1873April, 1876Febt, 1871April, 1872Oct., 1879Mar., 1871June, 18-59Aug., 1866Feb , 1874

NUMBER OFSERIES.

"83

6C

*Sn

20

26

1923201722

ii;14:223427!19J

38

27,19'23;201922211422322619

20

111019

SERIES MATUREDDURING YEAR.

1

i/Sept. , 18P2\Mar. , 1893

Mar., 1893July, 1893

10 Sept., 189310' Jan., 189311! Mar., 189310! Dec.. Ib92IOI ;10: Nov , 189211: JUUP, 1893

893n:

AprD}1893

* Dries, 50 cents monthly.

SUMMARY 1O.-BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-MATURITYOP SHARES—Continued.

Qo

H

W3

LOCATION AND NAMES OF ASS CIATION.

Cape May county.Cape May City—Saving FundDennisville—Loan and BuildingSonth Seaville—Loan and BuildiDg. ......Tuckahoe—Building and Loan

Cumberland county.Bridgeton—Merchants1 and Mechanics'.Millville—Security

Essex county.Newark—Central

ExcelsiorGermanMutual

§

o

NUMBER OFSBBIBP.

*3a

31 k , ! CD. r4 i—i

Jan., 1867Feb., 1881Feb., 1872Mar., 1870

Apr., 1870 23' 23Nov., 1874 18; 36

SERIES MATUREDDUKING YBAB.

26, 2412 122V 2123 23

11111110.

11Ui

June, 1881 12 7 6May, 1869 | 24 7. 7June, 1881 j 12 7 f>May, 1867 | 26, 79j 42

July, 189 iOct', J872

Bee, 1892Sept., 1893

Apr., 1893Nov., 1892July, 1892Oct., 1893

11a334148140130

141143

141137133129|

59 0057 00

59 00 7.0763 00! 7 9767 00 9 0271 00 10.17

200200

200200200200

fo>25

CO

oo

SUMMARY 1O.— BUILDING AND LOAN ASSOCIATIONS OF NBW JERSEY—MATURITYOP SHARES—Continued.

LOCATION AND NAMES OF ASSOCIATIONS. Ift

NUMBER OF8KKIE8

8ERIE8 MATUREDDURING YEAR.

I

5§a

I3

1§5« P.

U12

Is

1og

1

GO

H

o

wo

QQ

Gloucester county.Clayton—BuildiDgMollica Hill—Loan and Building.Paulsboro—Loan and BuildingWilliamstown—MonroeWoodbury—Real Estate..

Hudson county.Harrison—People's...

Middlesex county.Jamesburg—Mutual -

Monmouth county.Asbury Park—Building and Loan...Long Branch—Building and Loan...

Mar, 1880Jan, 1876Mar, 1872Feb, 1870May, 1871

13172 1 i2322

Sept., 1873 ! 20i

I \| Feb., 1869 | 24

f ;

Feb, 1874 < 19Dec., 1869 j 23,

917201822

20

2016

8n!12;811

11

10;ill

Sept, 1893Sept, 1892

Apr., 1893Sept., 1892

Nov., 1892

Sept., 1893

Jan., 18931892

1381 |62 00141 59 00133 67 00

54 0059 00

146141

135 65 00

143! 57 00

132i 68 00134| 66 00

9 01 $2007.07 2009 02 2006 03| 2007 07 200

8 49 200

6 61| 200

9 29 2008.75) 200

SUMMAEY 1O.-BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-MATURITYOF SHARES—Continued.

LOCATION AND NAMES OF ASSOCIATIONS.

Salem county.Ouinton—Buildinsr and Loan*Salem—Franklin ,Woodstown—Union..... ,»

Union count jr.Elizabeth—Elizabethport

I

rgan

i

o

site

of

P

Nov., 1870Apr., 1861Jan., 1870

Apr., 1875

tion

.

£.

IO Q

3223

18

NUMBER OFSERIES.

"8pOQ

<v

123210

75

1a

10125

43

SERIES MATUREDDURING YEAK.

i

May, 1893Jan., 1893

•sgaAaEH

144142144

f 1311130

.

i8

156 0058 0028 00

69 0070 00

annu

alpi

e).

IIa

6 436.846 43

9 579 85

m

<SCQ

atur

ir

s$200

200*100

| 200

oo

W

Dues 60 cett ts monthly.

DOOQOO»H

t-3I-HOtz!DQ

toGO

Number associationsreceiving no premium.,

Associations not reported.

II

8

£ sP ** ^ O ® S

WPSi!o =

5

oog

g

i—i

gI

V Q

1

!

6 per cent.

5.4 per cent.

5 per cent.

4 5 per cent.

4 per cent.

3 per cent.

Not reporting.

S32 S§2

Highest average inany one association.

I

Highest.

Lowest.

Number of associationsreceiving no premium.


'SMoiiYioossy

|

H* tO CO *

O

6 per cent.

5.4 per cent.

3

c

I

toCO

3CO

bx

a00

2

3 3!T

5 per cent.

4 5 per cent.

4 per cent.

3 per cent.

Not reporting.

Highest average inany one association.

Highest.

Lowest.

Number associationsreceiving no premium.


S

I

9§goa1^

<IKV noavrj[

SUMMARY 11.—BUILDING- AND LOAN ASSOCIATIONS OP NEW JERSEY—INTERESTAND PREMIUM RATES—Continued.

LOCATION,*

Sussex county..

Union countyElizabethPJainfield

Warren county..

Total, 1893...

Total, 1892...

Total, 1891...

INTEREST BATES—NUMBERASSOCIATIONS MAKING LOANS

DURING YEAR AT

1051

256

239

214

21

15

17

PREMIUM RATES, PER CENT. |

<D>0 5

§

2^; .075 m12 g

3 g; .065 m

7.50 g

28

46

•a5

15 a; .105 m15 g

6 g; .105 m

8 75 0

.50 p; 02'D

10; .025 m

IS

-5 8S o>S3 *

5

7

10

0?

•City totals included in county totals,interest-premium associations.

f tn means monthly; g gross dedu tive. g One for call loan only; other loans, 6 per cent.

35

28

36

ree

SUMMARY 12,— BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-PREMIUM PLANS.

to00

Atlantic county.Atlantic City.Hammonton

Bergen county.

Burlington county.,Burlington

ôlly ,...Mt. Holly .

Camden county..Camdec. »„,Gioucester City....

Cape May county..

Cumberland county.BridicefconMillill

LOCATION.*

TOTALNUMBER.

832

20

1723

312

3

GROSS INSTALL 'INTEREST PRE-DEDUCTIVE. MfiNT f MIUM, GROSS

AND INSTALL-1

I

23

118I

MENT.J

13

1 i

1 (J15

4 . .i ...

2 ....

20'13!

1 •;..

. . • = , :

1,1

sto

* City totals ineladed in eoaaty toUle. f Inclusive of gro«s amount, payable in instaHmente; bnt when not noted to contrary, monthly installment?.% Combination of the three methods. ?1 being Interest-premium. $3 being "grow, payable in installments, and 1 weekly. ^1 being interest inadnnce. ** Included under groaa d«daotire.

SUMMARY 13.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—PREMIUM PLANS—Continued.

LOCATION.*

Essex countyNewark . „ ..B e l l e v i l l e . . . . .

Gloucester countv

Hudson countyJersey CityHoboken.....

Arlington , ,.....Harrison . . . . . . .

Hunterdon conntv

IVf proer oountvTrenton

TOTALNTJMBEB.

Ass

ocia

tion

sre

por

tin

g.

655222

7

4938

1332

9

i

i

All

owin

g re

bai

4•j

4

14

12

11

GROSSDEDUCTIVE.

Tot

al n

um

ber

.

594822

6

2924

22

2

73

Reb

ates

.

4

4

14n

l

1l

INSTALL-MENT.!

Tot

al n

um

ber

.

1

**16**10

l21

INTEEEST PBE-MIUM, GROSS

AND INTSALL-MENT.J

Tot

al n

um

ber

.

33

Reb

ates

.

Imen

t.G

ross

or

inst

al

33

tf2tti

tti

Not

rep

orte

d.

Ill

\

1i

Oo

3

bda

8

* City totals included in county totalB. f Inclusive of gross amount, payable in installraents; but when not stated to the contrary, monthly initali-montp. £ Combination of the three methods. g Inclusive of 2 gross, payable in installments, and 1 interest-premium. || Homestead association.% 1 being interest-premium. ** Inclusive of 1 gross installment and 2 weekly. ft Included under gross deductive.

00COOo

oCD

SO

SITMMARY 12.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—PREMIUM PLANS—Continued.

too

Middlesex county...New BrunswickPerth Amboy

Monmouth county..

Morris county

Ocean county

Paesaic county.PatersonPaasaic.-..

Salem county..

Somerset countySomerTille „

LOCATION.*

TOTALNUMBER.

o a5ts

! <|

18'85

9

3

1

18143

1sI

42\ I

DEDUCTIVE,

I17

84

9

2|

1

17]1412j

MENT.fINTEBEST PRE-MIUM, GROSS

AND INSTALLMENT.J

15IS I 1

b u t w b e n n o t 8 ! * t e d t o t h e

1H

iS» 1

OQH

SUMMARY 12-BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-PREMIUM PLANS—Continued.

LOCATION.*

finss€*x c o u n t y . . . . .

TTnion countv ... .Elisabeth «Plainfield ,•„»«.*....„.,

Warren county...

Total 1893 ... . . .

Total, 1892

TO!NUM

Ass

ocia

tion

sre

port

ing.

1

1792

2

295

282

\ALBER.

i

Allo

win

g re

bai

53

1

51

56

GROSSDEDUCTIVE

Tot

al n

umbe

r.

Reb

ates

.

$13 5

2

11211

tf208

48

51

INSTALL-MENT!

Tot

al n

umbe

r.

1

4

1

U81

68

INTEREST PRE-MIUM, GROSS

AND INSTALL-M E N T !

Tot

al n

umbe

r

3

4

Reb

ates

.1

•*

sa

Gro

ss o

r in

stal

1

3

3

**3

2

• | N

ot r

epor

ted.

3

9•City totals included in county totals. f Inclusire of gross amount, payable in installments. J Combination of the three methods. § Inclusive

of 1 net. | Of these: Gross deductiTe, 207 ; gross or installment, 3 ; net, 1. % Of these: Gross, payable in installments, 6; interest premium. 2; andthe balance on the Massachusetts plan—«o many cents periodically per ihare. Of the latter: Monthly, 68; weekly, 3; bi-weekly, 1; monthly or weekly, 1.** Incuded under gross. ft Including interest premium, interest in advance and net, 1, respectively.

SUMMARY 13.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—PERIODICITY OPISSUING SERIES, MATURING VALUE OP SHARES AND INSTALLMENT DUES PAYABLE.

COUNTIES.

Atlantic

Bergen

Burlington

Camden

Cape May-...

Cumberland ..»

Essex

Gloucester

Hudson

Ass

ocia

tions

.

NUMBER OF

18

20

17

31

8

6o

2

7

49 4

SERIES.*

"8

I94

140

177

415

123

95556

Qsas

64

128

119

293

75

62

50-i

107 63

285 272

NUMBER OF ASSOCIATIONS IN WHICH

SERIES

'5.1

1

1

Ann

ually

.

6

9

14

24

1 5

1 3°

i l 624

ABE ISSUED.

Sein

i-an

nual

ly.

5

3

1

Qua

rter

ly.

9

Mon

thly

.

3

3

i

3 1

Irre

gula

rly.

9,

9

MATURING VALUE OFSHARES IS

8

1

3

$300

1

8

l

'O(M

i

8CM

7

19

11

8

65

8

INSTALLMENT DUES

PERIOD

Mon

thly

.

Sem

i-m

onth

ly.

8

19

t l

7

43 ' 3

17

31

7

61

7

26 4

Wee

kly.

1

Var

ious

.

18 1

PAYABLE

AMOUNT.

55-

8

19

11

27

8

7

62

7

26

1

50 c

ents

.

1%

2

6

4

1

3

: 18

toOxto

GO

i

I93

mH

i

Exclusive of perpetaal and inclusive of terminating associations.Ull, l. § Various.

f Including one aeries (oldest) of a Newark association only. X Including

Som

erset

o

5

60 1

;

Salem

1 3

to

>

Passaic d

00 M

:

ia Co

_ i

00

to

_ i

J O C

LO

M

3O

30 M

Middlesex

Monm

outh

Morris

00 CD 00

M M OiM HJ go

H» U*. O l>—* CO GO

-« 05 M

: • * •

: M

- to to <

• I—1

to co or

i H-»

LO CO ~ J

^ ! i

1—'0 0 CO O t

I—1

i

Mercer

oo

to

—i

_ j

- 0

3 ?

^1

35

O»M

wa!ob

5

-*00

—.

"l

1

to

to

CO

UN

TIE

S.

Association.

Perpetual aseo.

Issued.

Running.

DtnnniAlltfBiennially.

Annually.

Semi-annually.

Quarterly.

Monthly.

Irregularly.$500.

$300.

$250

$240

$(,00.

$100

Monthly,

Semi-monthly.

Weekly.

$1

75 cents.

50 cents.

25 cents.

03

w

•*

8EB

IES

6i[JE

D.

H00 SO

Si"i

i3

A M

OU

H

a>f BE

B 0

<1KW

woMA

SS

0CIA

TI

QQ

s

ICH

M

.ME

NT

D

UE

S

td

'SMOixvioossy QNV

SUMMARY 13.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—PERIODICITY OF ISSUINGSERIES, MATURING VALUE OF SHARES AND ISTALLMENT DUBS PAYABLE—Oont'd.

COUNTIES.

NUMBER OF

1

17

298

291

2\.

191.j

1 I

Suaaex . . . .„*„...... . . . . . . . .

Union,...

Wairea.,..

Total, 1893

Total, 1892

* ExclaaiTe of perpetual and inclusive of terminating association.!. f Including,elation only. | Including bi-weekly, 1, % Including Tarious, 2: 92,1.

2

231

21

2,666

2,262

to.5*3a

NUMBBR OF ASSOCIATIONS IN WHICH

SERIES ABE ISSUED.

2,099 t& 161

1,775 t9; 164

MATURING VALUE OPSHARES IS

3

8

15....

273^1

268 15

INSTALLMENT DUES PAYABLE.

AMOUNT.

a :

a i Hi

16

263

§5 25

22

161 ....

2 3a ao oO "5

255|i

253!

13! 24

12; 22

£ Including one aeries (oldeai) of * Newark asso

50

s! S

SUMMARY 14.—BUILDING AND LOAN ASSOCIATIONS OP

STOCKHOLDER.

NEW JERSEY—LOANS TO A SINGLE

OOUHTM8.*

Atlantic.

Atlantic City...

Bergen..,

Burlington....

Camden

Camden City...

Cape May

Cumberland..

Essex

Newark

Gloucester....

HudsonJersey City.....

Hunterdon....

OUTSTAND-ING LOANS.

1,166

1,510

933

1,113

1,100

7C6

805

1,7921,854

1,039

2,2712,615

1,0821

8TOCK LOANSDURING YBAB.J

$6,000400

1,200

1,500

3,5003,600

541

400

5,0005,000J

500

4,0004,000

3,000

$10

15

25

12

12

20

25

510

2510lo

200

REAL ESTATE MORTGAGE LOANS DURING YEAR.

14,0004,000

5,000

10,300|

18,700

18,700

4,000

9,000

11,000|11,000

10,600

17,000,17,0007,000

$100400

100

50

5050

100

50

50100

100

J00200

200

AVERAGE, CLASSIFIED BY ASSOCIATIONS.

0

a08

€0-

o

13

5

139

l

151

Jfs

26|21

10

&

oo

bd

* City totals included in county totals. f For lo*m>, both mortgage and stock. % As reported by Secretaries. Or

SUMMARY 14— BUILDING AND LOAN 4.SSOOIATIONS OP NEW JERSEY—LOANS TO A SINGLESTOCKHOLDER—Continued.

COUNTIES.*

Mercer..Trenton..

MiddlesexNew Brunswick...

Monmouth..

Morrip........

Ocean

Paseaic.—..PatersonPasaaic

Salem

Somerset.. .

OUTSTAND-ING LOAN8.

STOCK LOANSDURING YEAR J

REAL ESTATE MORTGAGE LOANS DURING Y E A B . |

900|

2,0002,0001,200

8,000

7,5007,600

25 14,000

lOj 5,000

100 2,000

6,0006,0005,000

•City totals included in county totals.

1,470 ': 1,655

1,122 60o| 25 5,000

t For loans both mortgage and stock.

$100200

5050

50

200

4001

100 ...100 .....

97

100


aS3

a03

o

2l

5l

6

2

1

2l

s

X AB reported by Secretaries.

SUMMARY 14—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—LOANS TO A SINGLESHAREHOLDER—Continued, ©

6

I

COUNTIES.*

Sussex.,

UnionElizabeth .PUiBfield .

Warrer

Total, 1893...

Total, 1892..

Total, 1891..

OUTSTAND-ING LOANS.

fl,164

J,3971,3352,4T5

1,243

$1,461

$1,369

1,310

STOCK LOANS jDURING YEAR t

REAL ESTATE MORTGAGE LOANS DURING Y E A R . |

1,000!600

1,000

$6,000

5,000

aCO

$140) $25

200 200

&

$2,100

13,0006,0003,600

4,800

$ 8,700

22,900

20,000


i £

$GO0

50. .50 ...

600 ...

200.

$50,

20

421

1

60

51

62

o8

CO03-O

961

1

91

90

45

44

43

©

1

_ |

161 2

14j 2

2 1

o

it

26

74

59

•City totals included La county total*. f For loans, both mortgage and stock. t As reported by Secretaries

t"1

o>

05

SUMMARY 15.—BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY-PLACING OF LOANSDURING THE YEAR.

OOUNTIRS.

Atlantic.BergenBurlington...CamdenCape May.....Cumberland.EssexGloucester.,,..Hudson

Hunterdon..

Mercer.*

i

I8

20

17

31

8

7

65

7

49

2

8

RADIUS OF DXBTAHCB—MILES.

1

1

11

4

6

2

1

21

3

8

1

1

11

4

12

2

2

2

2

so 2

g O

S-a £+3 O

14

Ia

'•3

5

Is

Is

to00

00s3QQ

o

o

QQ

• Thai reported. Not included elsewhere. t Not reported; 1 National.

SUMMARY 15.—BTJIIiDING AND LOAN ASSOCIATIONS OF NEW JERSEY—PLACING OF LOANSDURING THE YEAR—Continued.

COUNTIKS.

Middlesex.-MonmoQthMorris........ . «Ocean -.-»PassaicSalem......Somerset....Sussex.UnionWarren

Total, 1893Total, 1892Total, 1891

ions

.N

umbe

r of

ass

ocia

t

189

31

183

41

172

298291272

1 an

d u

nder

.

1

1

3

2

283630

s

3

11

1

2

6

865276

5 to

10.

4

2

2

1

1

454646

RADIUS

10 t

o 26

.

121

2

2

304722

OF DISTANCE—MILES.

25 t

o 50

.

1

50 t

o 10

0.

8138

Ove

r 100

.

i

764

433

Wit

hin

city

or

tow

nshi

p.*

11

1

*

1

3

382830

Wit

hin

coun

ty.*

1

1

1

222218

Wit

hin

stat

e.*

3

8.

Ass

ocia

tions

not

re

ing.

21

1

a

Mon

ey lo

aned

or

seou

t of

sta

te.

t

30:

35;35J

152217

* Thus reported. Not included elsewhere. f N. Y. Saving* bank, 1.

o

as

O

1to


TABLE 1— LIST OF BUILDING AND LOAN ASSOCIATIONSOF NEW JERSEY.

10111212413"13*1414*15161718192021222324

2526

LOCATION AND NAMES OP ASSOCIATIONAND SECRETARY.

ATLANTIC COUNTY.

Atlantic City—Loan and Build'g, T. G. Garrett.*Mutual, Carlton GodfreyPeople's, C. L. Cole

Egg Harbor City—Bdg. and Loan, T. H. Boysen.Hammonfcon—Loan and Build'g, W. R. Tilton..

Workingmen's, J. C. AndersonMays Landing— Bldg. and Loan, E. D. RileyPleasantville—Mutual, Isaac Andrews

BERGEN COUNTY.

Allendale—Orville Co-operat'e, David Pickene..Bogota—Building and Loan, R. J. DyattCarlstadt—Mutual, Adolph KruegerCloster—Harrington, E, K. SextonEnglewood—Mutual, M. E. 8priogerFairlawn—Saddle River, J. G. PrazisaHackensack—Mutual, Frank PitcheiFort Lee—Building and Loan, Charles DuBois..Hasbrouck Heights—Bidg. & Loan, E. M. AnBonHillsdale—Progressive, W. P. Barstow, JrLodi—Bldg. and Loan, Herman Sonntag, JrMidland Park—Franklin, Thos. HoltOradell—Bergen County, C. H. StormB.......,...»Park Ridge—Eureka, J. W. Norrish

Washington Township, J. J, Wortendyke...Ramseys—Bldg. and Loan, D. S. WanamakerRidgefield—Building and Loan, G. S. WoodRidgewood—Building and Loan, O. W. Reed

Co-operative, Hudson CampbellRutherford—Mutual, C. E. Tolhurst

BURLINGTON COUNTY.

Beverly—Building and Loan, E. C. Reed......Bordentown—Bldg. and Loan, Wm. H. Wilson..

Jan.,Feb.,March,June,Dec,jjan,April,April,

1869. Serial.1889JSerial.1884.i8erial..1884.i8erial.1871. [Serial.1877.'Serial.1890. Serial.2870.'Serial.

April, 1889.March, 1898.May, 1890.Feb., 1888.May, 1887.May, 1893.March, 1887.Dec, 1892.June, 1890.April, 1893.May, 1892.Feb., 1891.March, 1888.Feb., 1890.March, 1890.Aug., 1890.Nov., 1889.March, 1885.Feb., 1891.May, 1876.

SerialPerpetual.SerialSerialSerialSerialjSerial(SerialSerialPerpetual.SerialSerialSerialSerialjBerial{SerialSerialSerialiSerialSerial.......

Jan., 1868. (Serial.March, 1880. ISerial.

* Died Bince report.


TABLE 1.—LIST OP BUILDING AND LOAN ASSOOIATONS OPNEW JERSEY—Continued.

AnnuallyAnnuallyAnnuallyAnnuallySemi-annually...AnnuallyAnnuallyBiennially

AnnuallyMonthlySemi-annually.,Annually.AnnuallyMonthlySemi-annually.,OptionalBemi-annually.

Semi-annually.AnnuallyAnnuallyAnnually.,Annually ,AnnuallyAnnuallyMonthly*MonthlySemi-annually.

AnnuallyOptional

NUMBER OPSERIES.

17489

271739

4664

1027

2354334

172432

234

a'8

8EBIE8 MATUREDDURING YEAR*

15

10 Sept., 1892.4891610

Nov, 1892.Nov., 1893.

46641027

2353334172321

113

Nov, 1892

July, 1893

129

132130

128

126

INSTALLMENT DUESPBR SHARE.

03

a

Monthly..,Monthly..Monthly..Monthly.,Monthly..Monthly..Monlhly..Monthly..

Monthly..Monthly..Monthly..Monthly.,Monthly..Monthly..Monthly-Monthly..Monthly..Weekly...Monthly..Monthly..Monthly..Monthly..Monthly..Monthly..Monthly..Monthly..Monthly..Monthly.,

140 Monthly..Monthly..

•2002002(10200200200200200200260200200200200200200200200200200

200200

111212J]333*1414}15

18192021222324

2526

•Association year.


TABLE l.-LIST OF BUILDING AND LOAN ASSOCIATIONSOP NEW JERSEY—Continued.

g

LOCATION AND NAMES OF ASSOCIATIONAND SECRETARY.

2728293031323334353637

4041

42

4344

45

464747*48495051525354

BURLINGTON COUNTY—CONTINUED.

Burlington—City, G. A. AllisonFarmers' and Mechanics, H, 8. Haines

Delaneo—Building and Loan, J. G. HippenstieLFlorence—Saving Fand, Robert Patterson...Moorestowa—Building and Loan, E. May...

Workingmen's, Gilbert Aitkin.Mt. Holly—Building and Loan, F. B. Levis

Industry, J. H. GaskillPeople's, J. L. Jamison....

New Gretna—-Bldg. and Loan, M. W. Adams...Palmyra—Building and Loan, R. L. Temple....Pembetton—Bldg. and Loan, J. B. Hankine....Riverside—Building and Loan, 8, J. Windle...Riverton—Cmnaminson, H. B, HallTuckerton—Mutual, C. M. Berry.

CAMDEN COUNTY.

Camden City—Artisans', Geo. E. Fry..Bishop Bay ley, No. 2, Thomas Cur leyBrotherhood, Francis WarrenCamden, H. F. GeiterCity, E. K. FortinerEconomy, J. J. Burleigh ,Eastern Union, A. P. FlemingExcelsior, W. 8. RisleyFranklin, E, K. FortinerGerman Centennial, A. J. Obersfr.,... .,Guarantee, G. M. BeringerHomestead, G. G. FeltonMechV and Workingmene', G. G. Felton...Mutual, B. F. Suttoir

!

I nSi?

Feb., 1868.March, 1871May,April,Vec.^Feb.,Feb.,April,

MarchFeb.,

Oct.,M

1890.1882.1891.1888.3862.1874.1883.18891887.1884.18801878.

March, 1874

Dec, 1878.March, 1880.

1892.Jan.,July,May,Dec,Feb.,July,SeptApril,Aug.,Jan.,

April,

1807.1874.1881.1893.1870.1873.187(5.188(>.1885.1871.1872.

Serial.Serial.Serial.Serial.Serial.Serial.Serial.Serial.Herial.Herial.Serial.,Serial.,Serial,.Serial..Serial..

SerialSerialSerialHerialSerialHerialSerial (Nar.)BanalSerialHeria)SeriaJSerialSerialHerial


TABLE l.-LIST OF BUILDING AND LOAN ASSOCIATIONSOP NEW JERSEY—Continued.

AnnuallyAnnuallyAnnuallyOptionalAnnuallyBienniallyAnnuallyAnnuallyAnnuallyAnnuallyAnnuallyAnnuallyAnnuallyAnnuallyAnnually

Semi-annually..AnnuallySemi-annually..AnnuallyAnnuallyAnnuallyMonthlyAnnuallyAnnuallyAnnuallyAnnuallyAnnuallyAnnually...Annually

NUMBER OPSERIES.

202233232219102697157

38

82

27

191010232019792221

111133231211102697105

20

62

101010191010791110

SERIES MATUREDDURING YEAR.*

08

a

I

Mar., 1893

Dec, 1892.

Sept., 1892.Mar., 1893

Mar., 1893

July, 1898Sept., 1893.Jan., 1893

Mar., 1893Dec, 1892.

a

I

133134

144141

129

130130

139138129

218132130

131129

INSTALLMENT DUESPER SHARE.

•8

Monthly..Monthly..Monthly..Monthly..Monthly..Monthly.,Monthly.,Monthly..Monthly..Monthly..Monthly..Monthly..Monthly..Monthly..Monthly..

Monthly.Monthly....,Monthly

Monthly.MonthlyMonthlyMonthlyMonthlyMonthlyMonthlyMonthlyMonthlyMonthlyMonthly

1 00

1 00

$200200200200200200100100100100200100200200100

200

200

200

200200100200200iOO200200200200

27282930313233343d363738394041

42

434445464747*48495051525354

* A&Bociatlonal year.


TABLE 1.-LI8T OP BUILDING AND LOAN ASSOCIATIONSOP NEW JERSEY—Continued.

1

so

55565758596061

62636465666768697071

7273747576777879

8081

LOCATION AND NAMES OF ASSOCIATIONAND SKCRETARY.

CAMDEN COUNTY-CONTINUED.

Camden City—MutJ. Guarantee, Thoe. Gaffrjey.North Camden, J. J. BurleigbPeople's, G. G. Felton...,„... „....Provident, A. D. AmbrusterSouth Ward, No. 2, S. C. NewtonState Mutual, F. R, FithianStockton, F. L. Vinton

Berlin—Building and Loan, T. E. Bradbury....Chesilhurst—Bldg. and Loan, J. E. Thompson.Clementon—Bldg. and Loan, Abel Bottoms....Collingswood—Mutual, S. C. McGillGloucester City—Improved, D. O'Kane ,...

United Mutual, Henry BlackHaddonfield — Mutual, J. L. RowandLindenwold—E. W. O'Connor*Magnolia—Mutual, J. J. AlbertsonMerchantville—T. S, Nekervia

CAPE MAY COUNTY.

Avalon City—Bldg. and Loan, S, D. Jones...*...Cape May City—Savings Fund, N. C. PriceCape May C. H,~Mechanics*, E. C. HewittDennisville—Loan and Bldg., L. M. RiceOcean City—Bldg. and Loan, Wm. LakeSea Isle City—Bldg. and Loan, J. T. Scull...South Seaville—Loan and Bldg., E. F. Westcott.Tuckahoe-—Bldg. and Loan, R. 8. Robinson

CUMBERLAND COUNTY.

Bridêton—Merchfik and Mechff., O.F. DareSaving Fund, T. U. Harris.

Feb., 1891.'Serial (Nat.)Oct., 1879.'SerialMarch, 1&7I, Serial.Dec,June,Dec,Dec,

1892.1859.1891.1890,

March, 1880.Sept., 18S7.April, IHM.May, 1890.July, 188(5.Aug., 1866.""eb., 1874.March, 1890.May, 1889.Nov., 1893.

March, 1.889.Jan., 1867."neb., 1872.Feb., 1881.March, 1887.Sept., 1888."" "3., 1872.March, 1870.

Serial.Serial.'Serial.Serial.Serial.Serial.Serial.Serial.Serial.,Serial.

April, 1870.7une< 1865.

SerialSerialSerial (State)Serial

Serial.Serial.Serial.Serial.Serial.Serial.Serial.Serial.

jSerial.ISerial.

* Residence, Gibbsboro,

B U I L D I N 0 AND

j NUMBER OPSERIES.

SERIES MATUREEDURING YEAR.*


MonthlyAnnuallyAnnually,AnnuallyAnnually,MonthlyAnnually

1 001 001 001 00

501 00

fonthly.lonthly.

lonthly.| Monthly.Monthly.Monthly.Monthly.

Monthly..Monthly..Monthly..

Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.

200200200200200200200200

AnnuallyAnnuallyOptional.Semi-annuallyAnnually,AnnuallyAnnuallyAnnually,AnnuallyAnnually

Semi-annually..AnnuallyAnnuallyAnnuallyAnnuallySemi-annually..AnnuallyAnnually

AnnuallyBiennially

* Asiooiational year.18


TABLE 1.— LIST OF BUILDING AND LOAN ASSOCIATIONSOF NEW JERSEY—Continued.


•§•2CD Ifl

.213H

81$828384S5

8687

909192939495969798

9999i100101102103103i10*105106107108

CUMBERLAND COUNTY-CONTINUED.

Millville—Columbian, C. B. EtterHope, Alex. McCorristinInstitute, E. B. Goodwin(Security, E. B. Goodwin

Vineland—Mechanics', F. B. Potter

Oct., 189t\Dec, 1880.Oct., 1888.Nov., 1874.July, 1873.

(Serial.Serial,Serial.Serial.Serial.

ES8EX COUNTY.

Belleville—Bldg. and Loan, R. P. ScaineHome, O. A. Fairehild

Bloomfield—Bldg. and Loan, Henry Lawrence..Essex County, F. E. Langatrotii

Caldwell—Building and Loan, J. M. JacobuFEast Orange—Bldg. and Loan, O. H. CondifFranklin—Building and Loan, J. H. White,*Irvington—Bid?, and Loan, Franklin Kiseam...Montclair—Building and Loan, C. A. CookOrange—Building and Loan, A. H. ShermanOrange Valley—Bg. and Loan, O. & Thompson..South Orange—Bldg. and Loan, C. T. Barrett...Vailsburg—Building and Loan, F. A. Mock

Newark—J3fcna, Theo. UmbescheidenBeneficial, R. W. ChapmanCasino, Felix OhausCentral, A. A. SippelChosen Friends' Home, G. H. Westervelt...Citizens', George GrimmeCourt House, J. C. GroeL....,.,,..Eighth Ward, Edward HillEnterprise, Thos. GallacherExcelsior, Morris CohnFireside, J. B. FaitouteFourteenth Ward, A. M. Linnett ,

Sept.,Nov.,Jan.,Oct.,Jan.,March,Oct.,July,Feb.,Feb.,April,Sept.,Feb.,

1873.

188(5.

1891.1887.IKK<>.1887.1886.1887.1888.1887.1892.

Serial.Seria'.Serial.Serial.Serial.Serial.Serial.Serial.Serial.Serial.Serial.Serial.Serial.

June, 189(1March, 1898.Feb, 1892.June, 1881.Oct., 1889.Dec, 1891.June, 1893.Dec, 1885.April, 1883.May, 1879.Jan., 1887Dec, 1885.

SerialSerialSerialSerialSerial (Nat.).SerialSerialSerialSerialSerialSerialSerial

* Residence, Arondale.


TABLE 1.—LIST OP BUILDING AND LOAN ASSOCIATIONSOF N E W JERSEY-Cont inued .

AnnuallyAnnuallyAnnuallyAnnuallySemi-annualJy..

Annually........AnnuallyAnnuallyAnnuallyAnnually...AnnuallyAnnually8emi-annually«AnnuallyAnnually..,..,Semi-annually..AnnuallyAnnuallySemi-annuaily..Semi-annually..Semi-annually..IrregularlyMonthly.........AnnuallyIrregularly......AnnuallyAnnually........AnnuallyAnnually........Quarterly

N UMBER OPSERIES.

SERIES MATUTEDCUBING YEAR.*


112101618

2437926777

101062

5147

38217976

29

13

g

111101112

1137926777

1010

5146

38217976

29

" ao

a2

s.s.8

Sept., 1893

Monthly..] Monthly..Monthly.,

143 Monthly.,Monthly..

Apr.,18£3j 141

Nov., 1892 137

Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly,Monthly.Monthly.Monthly.Monthly.Monthly.

Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.

a

SS

%\ 001 00

1 1 00I 1 00

1 00

1 00I 001 001 00I 001 001 001 001 001 001 001 001 00

1 001 001 00

Io9

toa

$;00100100toosoo

200200200200200200100200200200£00200100

200200100200SJOO2(!0200200200200200200

82838485

86878889909192939495969798

9999i

100101102103103i104105106107108

• Aisooiafcionftl year.


TABLE 1.—LIST OF BUILDING AND LOAN ASSOCIATIONSOF NEW JERSEY-Oontinued.

iS3a


I aSo

a J

109110111112113113*1114115116117118119120121121J122123124125126127128129130131.132133134135136137138139-140141

ESSEX COUNTY—CONTINUED.

Newark—First Italian, E V. A. BelfattoFraternal, B. H. Van Ness..Germatf, O. C. LienauGrand, George GrimmeHearthstone, J. B. FaitouteImproved, C. 0. LienauHome, Max. SachsHoward, Thos. frallacher..Knights of Pythiap, Rudolph LeviLincoln, Ferd. GrebeMechanics', F. Tegen, JrMercer, Adam BerzingerModern, Ernest NagelMutual, J. A. BerryMutual Land and Home,* G. L. Staats..Newark, G. W. FreyNew Jersey, August HeineNorfolk, C. P. NagelNorth End, J. H. McKinnonNorthwestern, M. H. HagamanPaesaie, Max. SachsPhoenix, C. 0. LienauProtection, G. W. FreyPrudential, John Kreitler..Reliable, Ferd. HeichemerRoseville, J. S.StewartSaving?, F. J. BurgdorfSecurity, C. B. DuncanSeventh Ward, J. A. BerryState, F. W. SullivanStandard, Max SachsTenth Ward, 0. B. DuncanTeutonia, Felix OhausThirteenth Ward, Fred. WeBtphalUnion, Be F. P. Lczier

March,April,June,Nov.,Dec,Apri),June,Aug.,April,Jan,Oct,Dec,May,May,Jan.,May,July,April,May,March,June,Jan.,Jan.,June,Sept.,Nov.,Jan.,July,Oct.,Aug.,Sept.,Feb.,Oct..April,Oct.,

1891.1587.18S1.1891.18*8.1893.1884.1884.188H.18*7.1884.1890.189 A1807.1692.1883.1887.1888.1889.1892.1884.1887.1880.1892.1884.1885.1880.1884.1891.1887.1880.1887.1890.1887.1887.

Serial

Serial.Seria'Sena)SerialSerialSerialSeria1

SerialSerial.....Serial..SerialSerialTerminatingSena)SerialSerial.....SerialSerial....SerialSerialSerialSerial ;...Seria)Serial....Seria)Serial.....SerialSerial....SerialSerial.....SerialSerialSerial

• See statements below.

i

§Bg§gggggc £"5'§ H.§§

SS588S88888888888S888888888S88S8S88

5 t^> K ^ t O • " ** fr^ frÔ •"**) **> NO*K*> N.0 ^ f^^ Kî fr*** "% * t-^ fr*?J t***) l *> fv9) h>*i t'O t O t"O t>^ fcO 1 ^ f1"^ I'C

58S8S888888SS88888!88§SS8gSSSSS§S

Frequency of issuing series.

Issued.i

Running.

Dateof maturity.

Time in months.

When payable.

Amount payable.

Maturing value of sbarep.

Office number.

E

SiI s

CD

00

9

o

so

oaCD

toC5


TABLE 1-LIST OF BUILDING AND LOAN ASSOCIATIONSOP NEW JERSEY-Continued.

142143144Uh146

147143149]50151152If 3

154155156157158159lttO101U'i163164

165166



Newark—Uptown, Theo. UmbeficheidenWashington, George GrimmeWest End, H. T. MeyerWoodside, A. G. Heller

Workingmen's, John Zippel, Jr.,,....

GLOUCESTER COUNTY.

Clayton—Building, W. A. WilliamsonGlasBboro—-Loan and Bldg., Thop. Annadowrr.Mullica Hill—Loan and Bid?., E. L. Stratton...Paulflboro—Loan and BldjrM W. J. Adamson....swedesboro—Loan and Bldg., Samuel AvisWilliatnstown—Monroe, U.K. BugbeeWoobury—Real Estate, G. E. Pierson

June,May,June,Aug.,

April,

usi11II

1692. Serial.1887.1 Serial.1HS8. Serial.1HH4. (Serial.

1HHH, Serial

HUDSON COUNTY.

Arlington—Bldg. and Loan, William LoganEquity, John SntnnerKearny. F. C.Williamp

Bayonne— Building, J. W. JohnstonCdntrevill*\ John Hoerr...Pamrapo, D. T. CriBpin

Harrison—H. and Kearny, Anthony O'Mally....People's, J. A. Riordan

Hoboken—Building and Loan, J. 8. ParryTown of Union—Bldg. and Loan, F. 0. Hangen..West Hoboken-Palieadp, J. L. Moy

1802.18M).IH84.1885.

g , IBM).March, 1887.May, )8K«.Sept, 187.1Feb, 1887.Kept, 1888.March, 18U1.

, „„ March, 1883. TerminatingBergen Mutual, No. 8, G. W. Laforge March, 1SS7.(Terminating

Jersey City—Bergen Mutual, No. 2, G. W. Laforae

March, 18.NO. '.Serial.Tune, IHSM.iSerlaKJan., lH7(i. •Serial.March, IK72. Serial..May, 1H71. j.Serial..Feb., 1S70. SerialMay, 1871. Serial.

June,Jan.,Nov,,Feb.,Aug.,Mh

PerpetualPerpetUHl.-iurla!SerialSerialSerialSerial

'SerialSerial.Serial..


TABLE 1.—LIST OP BUILDING- AND LOAN ASSOCIATIONSOP NEW JERSEY—Continued.

NUMBER OFSERIES

Semi-annually.. 2Annually 6Irregularly,.....,! 11Annually 9

Semi-annually.. 3

Annually 9Triennially 4Annually 17Annually 20Annually | 17Annually ...| 18Annually ( 'i

Annually | 0Optional ! 6Annually 4Annually 5Annually 7Annually 20Annually 6AnnuallyAnnually

26

11

84

111298

II


o0.

a

Sept., 1893., 138

Sept., 1892 I 141133


a

Monthly....Monthly....Monthly....Monthly....

Weekly .....

Apr., 1891Sept., 1892.

954571165

Nov., 1892.

Monthly..Monthly..Monthly-Monthly..

(Monthly.,mi (Monthly.,141 Monthly.

136

MonthlySemi-Mou.MonthlyMonthlyMonthlyMonthlyMonthlyMonthlyMonthlyMonthlyMonthly

.Weekly

.iWeekly

•8II

aD

i

1 001 001 (X)1 tX)1 (X)1 (X)1 00

5055

1 001 001 01)1 001 001 00I 001 001 00

2525

a3

$1 00 $200 1421 00 200 i 1431 00 200 ,1441 00 200 :145

200200200

147148149

200 H50200 !l512i'0200

152163

100 154100 1155200 1156200200

157158

200 159200 116020020020O200

200200

161162163164

165166

* Associations*] year. f In first and second series only, 9100.


TABLE l.-LIST OF BUILDING AND LOAN ASSOCIATIONSOF NEW JERSEY—Continued.

LOCATION AND NAMES OF ASSOCIATIONSAND SECRETARY.

3*1

167168169170171172173174175176177178179180181182183184185186187188189190191192193194195196197198199200201202

HUDSON COUNTY—CONTINUED.

Jersey City—Caledonian, F. PfennigwurtbCarteret, Wm. V. GarrisonColumbia, J. H. CoyleCommunipaw, Fred KleinCrescent, 8. Rowland, JrEnterprise, R. A. SimpsonEquitable, L. B. FoleyErie, J. R. BowenExcelsior, Wm. G. NelsonExcelsior, No. 2, Wm. (i. NelsonFairmount J. P. Landrine

May,Jan.,Sept.,Mareft,Oct.,March,May,FeB,Fb

1887.1890.1880.

1891.1887.1892.1888.

Garfield, G. R HoughGreenville, Richard RouthGreenville, No. 2, G. F. WittGreenville United, O. A. Hopmar..Highland, J. P. LandrineHome, J. P. LandrineHudson City, Fred KleinHudson Mutual, W. J. MilehamImproved Land and Loan, D. H. BlackbamIndustrial, E. W. In*leyJersey City, W. G. E. SeeLafayette, J. W. LeonardLincoln, T. U.LewieMadison, C. M. HortonMonticello, J. A. Knoeller....Montgomery, J. P. LandrineMut'l Land and Bldg. Syndicate, O.W, RoperNorth Hudson, A. A. Franek ,Pavonia, D. D.Clark.Paulus Hook, W. G. E. SeePhoenix, J. S. ClarkeSecurity, J. A. YoungStar, C. A. Laws.Union, J. A. Young.Washington, Samuel Dray ton

Oct.,Nov.,March,Nov.,Feb.,Apri),March,Apri),July,Dec,Feb.,July,Nov.,March,Jane,March,Feb.,May,Dec,May,May,June,Jan,Nov.,Aug.,April,June,

1887.1J-8H.1875,1884.1891.181K).1885.1887.1881.1888.

1885.1884.1886.1839.1*86.1889.1890.1880.1885.1884.1884.1887.1885.1890.1887.

SerialSerial.SerialSeria)TerminatingSerialSerialSerial .....TerminatingSerial..........TerminatingSerialSeria!Seria)Serial.........TerminatingTerminatingSerialSerialPerpetualSerialSerialSerialSerialSerial....,SerialTerminatingPerp (Nat.).Serial.*Serial.Seria!SerialSerialSeria?Serial,...Serial

* Supplementary terminating issues.


TABLE l.-LIST OF BUILDING AND LOAN ASSOCIATIONSOP NEW JERSEY-Continued.

NUMBER OFSERIES.

SERIE8 MATURED ,DURING YEAR.* i

INSTALLMENT DUESPAR SHARE

t"5a CD

a

•8

IrregularlyAnnuallyAnnuallySemi-annually.

AnnuallySemi-anuually.Optional

Annually.

AnnuallyAnnuallyOptionalOptional

Annually.Annually..

AnnuallyIrregularlyAnnuallyAnnuallySemi-annually..Annually

IrregularlyAnnuallyAnnually.-AnnuallyQuarterlyAnnuallyOptionalIrregularly

10374144

101616

1162117

18

10374144

101616862117

18

5768

24768

5768

24768

Monthly...Weekly....Semi-MonMonthly...Weekly. ..Monthly...Semi-MotMonthly...Weekly....WeeklyWeekly....Monthly...Weekly....Weekly....Weekly....Weekly....Weekly....Weekly. .,Monthly...Monthly...Weekly....Monthly...Monthly...Weekly. ..Monthly..,Weekly. ..Weekly....

Monthly...,Weekly. ...Monthly....Monthly....Monthly....Monthly....Monthly....'Semi-Mou.

$1 00255000

0000002525250025252525252500CO25000025002525

1 0025

1 001 001 001 001 0050

$200200200200200200200

1671681(59170171172173

200 174200200200100ft 005005002002002002002C0100200200200100200200100200200200200200200200200

175176177178179ISO181182183184185186187188189190191192193194195196197198199200201202

• AiBOcialional year. f Liquidated when 12 year** old. % Monthly. § Various.

274 {STATISTICS OF LABOR AND INDUSTRIES.

TABLE 1.—LIST OP BUILDING- AND LOAN ASSOCIATIONSOF NEW JERSEY—Continued.

203204

LOCATION AND NAMES OP ASSOCIATIONAND 8ECRETARY.

HUNTERDON COUNTY.

Flemington—Bldg. and Loan, J. L. Connet...Lambertville—Centennial, E. H. Holcombe..

MERCER COUNTY.

Trenton—Mechanics', P. W. CrozerMercer, P. W. CrozerN J B d L d,N. J. Bldg., Loan and Inv. Co , J. C. Beebe.l ' ! D F A t t

205206207 g ,207$ People's,! D- F. Atwater208 Hightstown-Bldg. and Loan, W. W. Sweet209 ; Hopewell—-Bldg and Loan, J. 8. Van Dike209J, People's, J. C. Harrison210 Pennington—Bldg. and Loan, T. D. Durling

§

1a

Feb,May,

1892.1876.

TerminatingSerial

MIDDLESEX COUNTY.

211212213214215216217218219219}220220$

Sept., 1862.March, 1854July, 1891Oct., 1HH0Feb., 1890Jan., 18S3March, 189,1Sept., J 889.

New Brunswick—American, P. G. PolhemuB.... June,Second American, P. G. Polhemus March,Excelsior, T. E. Townsend April,Homestead, Nahum Kent jjune,Merchants', T. E. Townsend March,People's, D. F. R. Runyon March,Security, D. D.Williamson 'March!Workingmen's, Patrick Hasjerty I;Vfay,

Perth Amboy—Bi-centennial, J. E. Chapman... May,Dec,Sept,

Citizens7, Harry ConardHomestead, J.S.WightPerth Amboy, W. H. Moore JDec.

221 Raritan Crescent, J. E. Chapman (May'222 i South Amboy—Bldg. and Loan, Tobias Grace...!Feb223 Star, Tobias Grace | j f t n

M

224 j Danellen—Bldg. and Loan, W. H. Cole ! April225 ! Jamesburg—Mutual, J. D Courter 'jFeb '226 : South River—Bldg. and Loan, Wm. Campbell.!I April,

1881,18X7.18S8.

1SS4!1891.1889.18H4.18S5.

188(11892.18S1.1882.1889.1887.1869.1892.

Serial*Serial*Perp'l(Htate)Perp'l (Nat).SerialFerialTerminatingTerminating

TerminatingTerminatingTerminatingSerial ....TerminatingSerialSerialTerminatingTerminatingPerpetual....SerialTerminatingTerminatingTerminatingSerialSerialSerialSerial

is. fOf Geneva, N. Y. No information obtainable respecting


TABLE 1.—LIST OF BUILDING- AND LOAN ASSOOIATONS OFNEW JERSEY—Continued.

Annually.

Irregularly..Irregularly..

NUMBER OPSERIES.

117

911

2'3

I

l12

SERIES MATUREDDURING YEAR*

1a•s1

I.s8H


rabl

e.

§

3

|Ok

g

1

i08

•aO

valu

e

M.5

Monthly $1 00Monthly 1 (X)

Monthly..Monthly..Monthly..

$100 ;203200 ,204

200 '205200 206100 207

2O7J2082092O9J210

Annually...,Irregularly.,

Annually..

Irregularly.,Annually....

Quarterly.

Annually.....IrregularlyBienniallyAnnually.......

261114291

261114241

Sept., 1893.! 143

Monthly..Monthly.,Monthly-Monthly..

Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Weekly..,Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly,

1 001 (X)1 001 00

I 001 001 002 00

000000000025

1 001 001 001 001 001 00

) 1 00I 1 00

200200200200

200200

211212

200 213300200200200

215216217

200 218200 '2191002002002002C0200200200200

219J220220J221222223*24225226

•Association year. I $1.00, $1,05 and .30.


TABLE 1.—LIST OF BUILDING- AND LOAN ASSOCIATIONSOP NEW JERSEY—Continued.

-8ap


n

227228229230231232233234235

2362S7238

240241242243244245246247248249

MONMOUTH COUNTY.

Asbury Park—Bldg. and Loan, H. 0. Wineor...,Atlantic Highlands—having Fund, 0. R. SayderBelmar-—Bldg. and Loan, Charles McDermott...Freehold—Mutual, A. 0. HartshorneKeyport—Building and Loan, B. B. OgdenLong Branch—Bldg. & Loan, Matthias WoolleyManasquan—Squan Village, J, W. Border*Matawan—Building and Loan, E. I. BrownRed Bank—Bldg. and Loan, Thomas Davis, Jr..

MORRIS COUNTY.

Boonton—Building and Loan,E. A. Fisher..

Feb., 1874,Nov., 1887,Aug., 1891.June, 1869,Nov., 1850.Dec, 1869.April, 1874.Nov., 1888.March, 1887.

May, 1889,Dover—Building and Loan, 8. T. Smith ....Oet, 1887.Morristown—Bldg. and Loan, I. R. Pierson |8ept., 1886.

OCEAN COUNTY.

239 | Tome River—Dover, J. H. BirdsalL

PASSAIC COUNTY.

Paterson—Celtic, Hugh SweeneyCitizens", W. L. BerdanEast Side, 8. C. McCarthy......Gem an American, Julius Schwaab.Iron and Silk, W. J. McFarlanManchester, G. W. AlleeMechanics', A. W. InglisMutual, 8idney FarrarPeople's, Frank HollandProvident, C. E. Jackson

March, 1883.

April,April,April,Sept.,June,June,April,Nov.,Nov.,April,

1882.1892.1892.1*92.1883.1898.1883.1878.1883.1886.

Seija'SerialSerialSerialSeria?SerialSerialTerminatingSerial

Perpetual.Serift)Serial

Serial

Serial.Serial.Serial.Serial.Serial.Serial.Serial.Serial.Serial.Serial.


TABLE 1—LIST OF BUILDING AND LOAN ASSOCIATIONSOF NEW JERSEY—Continued.

AnnuallyAnnuallyAnnuallyAnnually...Irregularly..Annually....Irregularly..

Annually..

AnnuallyIrregularly

Irregularly

AnnuallyAnnually ....AnnuallyAnnuallyAnnuallyAnnuallyAnnually.AnnuallyAnnuallyAnnually

NUMBER OFSERIES.

2062

113

16616


I

11111951015107

10628211316

Jan., 1893.

11111951010107

IaI

132

134


3

Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.

Bi-weekly....MonthlyMonthly

Monthly....

Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.Monthly.

1I

00000000000000

1 001 00

1 001 001 00

1 00

0000000000000000

1 001 00

toQ

1

$200200200200200200200200100

250200200

200

200200200200200200200200iOO200

227228229230231-32233234235

236237238

239

240241242243244245246247248249

* Assooiatfonitl year.


TABLE 1 —LIST OF BUILDING AND • LOAN ASSOCIATIONSOF NEW JERSEY—Continued.

250£51252253

254255256257

258259260

261262263264

265

266266i


PASSAIC COUNTY-CONTINUED.

Paterson—Riverside, E. Van Houten, Jr..South Paterson, Franklin ThornTotowa, Robert LeggefctUnion Mutual, Sydney Farrar

Passaic—Mutual, William MalcolmPeople's, W. H. SpeerUnion, H. F. Datesmarj

Little Falls—Building and Loan, C. W. Matches

SALEM COUNTY.

Quinton—-Building and Loar, W. H. Perry.Salem—Franklin, D. B. BullockWoodstown—Union, Franklin Flitcraft ,

SOMERSET COUNTY.

Bound Brook—Bldg. and Loan, R. H. Brokaw..East Millstone—Bldg. and Loan, S. V. R. Taylor.Somerville—Citizens1, A. P. Sutphen

Peopled, G. V. Vanderveer

SUSSEX COUNTY.

Newton—Merriam Shoe Co., W. H. Hall..

UNION COUNTY.

Cranford—Mutual, Kenyon MessickGarwood—Building and LoaD, W. E. Miner..

/a11

HIs.as

June, 1887.March, 1890.March, 1892.Nov., 1882.

SerialSerial.SerialSerial.

April, 1882. Serial.Sept., 1887. Serial.May, 1888.1 Serial.March, 1887. Serial

Nov., 1870.1 SerialAprii, 1861. Serial.Jan., 1870. Serial

May, 1887. Serial.April, 1890. (TerminatingNOV., lftGO i Sar i ill . . ..

"eb.,1890.'Serial.1887. Serial.

Sept., 189O.iseriaL.

Aug., 1887.March, 1893.

SerialPerpetual

fcS

HIgi l l S S S Sc *rr?m c a s e sS B D (3 Eli £^ Hi Jz2

*<! B B B • - • - • - • -

111Frequency of issuing series.

H W O J—t 00 Ci

Issued.

Running.

Date of maturity.

££ Time in months.

so

o o o ot! d B D

o o oCS C3 0 HIE

When payable.

8S ssss SS8 SSSS SSSS Amount payable.

88?> tO tO t5 O O C

OCNC

ococO« Oi O< £-M C: i i HI-£

bO N5 tO •o o o c0 o o <

~IO »•'? bO t01 ci ax c

Maturing value of shares.

Office number.

280STATISTICS OF LABOR AND INDUSTRIES.

TABLE 1 LIST OF BUILDING AND LOAN ASSOCIATIONSTABLE L-LISl u^ N B W J E R S B Y _ _ O o n t i n U e d .DINGJ E R S B Y _ _ O o n t i n U e d .

267268269270271272273274275276277

2782792£0281

283

LOCATION AND NAMES OP ASSOCIATIONAND SECRETARY.

UNION COUNTY-CONTINUED.

Rahway—Workmen's, G. H. Waters..Rolelle-Building and Loan, W. C. Hope... ....8ummit-Bldg. and Loan, Nathaniel George..,wS?field-Bldg. and Loan, J. R. Conno y

Jan.vJune,Oct.,Dec,March,April,

*•£> n

a as

Plainfield—Bidg. and Loan, B. F. CoriellHome, 8. R. Struthers

Elizabeth—Central, August Miller jOetCitizens', J. W. Hal), Jr I MmColumbia, E. A. FauikeElizabeth, Carl HoffackerExcelsior, Christian Friedericb..Elizabethport, Martin HoulihanHarmonia, Reinhard GerkeUnion County, J. J. McGratb... .Union Square, R. T. Henry

1886. Serial,,1889. Serial..1891.!,Serial.1888.1 Serial.1884. Serial.

March,April,March,May,April,May,April,Feb.,

WARREN COUNTY.

Phi l l ipaburg-No. 4, 8. 0 . Smith.No. 5, John Eilenberg

SerialPerpetualPerpetual,PerpetualPerpetualPerpetualSerial

1888.1885.1887.1892.1809.1887.

1875.

1872. Perpetual.1880. Serial.1891.|SeriaL,

May,June,

1870.1882.

Serial


TABLE l . -LIST OP BUILDING AND LOAN ASSOCIATIONSOP NEW JERSEY—Continued.

g

"3

IrregularlyMonthly.....MonthlyAnnuallyIrregularly.......Semi-annual ly..

WeeklyQuarterly.

Monthly..Monthly..

Annually..Annually..

NUMBER OFSERIES.

•s3

31993310

75

8419

174

Iai

31893310

43

8215

114


I

aB

t131130t

133

INSTALLMENT1 DUESPER SHARE.

45

1S3

MonthlyMonthly..Monthly-Monthly..Monthly..Monthly..Monthly..Monthly..

...

••<

MonthlyMonthlyWeekly} Monthly-MonthlyMonthlyMonthly

MonthlyMonthly..

ii

1 Am

o$1 001 001 001 001 001 001 001 001 001 00

251 001 001 001 00

1 001 00

aX0

1200 267200 268200 1269200 270200200200240240200200

200

200200200

200200

271272273274775276*77

278

279280281

282283

* AfsocUtlonftl year. t Not repotted.

19

S8S

TABLE 2 —BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY-GENERALSTATISTICS-Continued.

DEBTS OWING BY ASSOCIATIONS.

LOCATION AND NAME OFASSOCIATION.

ATLANTIC COUNTY.

Atlantic City—Loan and Building..Mutual .....People'*

Egg Harbor— Building and Loan.. .

Hanamontou—Loan and Building..Worldngmen's ,

•9,7468,779

sn9,091

84*164

Majs Landing—Building and Loan..

Pleasantville—Motual

BERGEN COUNTY.

AUendale—Orrille Co-operatlre....

9 ^ Bogota—Building and Loan...

Cartatadt—Mutual....

Cloater—Harrington.

1>UEI>O TJCAB. I

15647,40*6,000

8,600

•1,600 .8,800;.

BEOBIPT8 PTTEUMGY K A B .

DISBURSEMENTS WIRING THE YBAB.

2,960 34,900

340

litMoo4300

1,800!.

TI{29,476

5!,100

32,775

$94,0744.5929,243

17,489

87,808 43,627

77,2901 66,275

7,045] 6,487

89,488! 21,466

85,029; 9,93S

8,450

15,341 9,960

18,490. 12,622

$22,210*117,356 $54,0002,836 30,148 9,416

73S 15,488 7,400

4.C00 22,776 11,800

40,127 87,779 62,986- - " — 42,74217,141 77,276

6,601

17,982 39,473

84,943

547

5,520 14,031

6,282

31,403

8.S00

300

9,710

1,6001 15,622 8,482

OFBBKJTT OFFICE EXPBNBKB.

AMOTTHT OK 6 A I, ARIES

5393,035

10.649

23,26482,260

198

7,470

1,826

115

2,060

1,046

12(5

186

97

185

188

1849 $725 %169' 150! 135843 800 180

812' 252,

375426

2753&0

1001

851

100

75

$13526

120

10076

• Ioolualre of does paid In ad ranee and amount owing on cancelled •hants ; bat exclusive of money undelivered to borrowers and unearned premiums. t Including withdrawn,forfeited (lapi*d), redeemed and matured abarea. * Not reported. 9 ParUy or wboUj on account of borrowings of prerious jear.

ooi

toCO

£ £ 6 S BB B Office number.

r if I ? is

II I i ft i r *{ • i f f I f I t s * » M

• ! i i I P ! I ! î 1 i i s. i I i i aili! i

15

•» ^ o <?

Ififllll!11

II * r J ?':: 5 - sf! I i i I i i i i i f8! ! ! ! I I f M I I

Age In yean.

P ?• P Date of report.*

Shares In force.

s * 8Shares pledged (borrowed on).

1 Shareholder!.

B g S ft

Borrowers (shareholders).

to

I

» i ; «s s s , t: s . s „ 81 8 § Ml 1 H I S § '8 § I 3

Net worth of asHoolations (net assets).

1 s sg* W #

3

? « -

Total dues on shares in force.

g I 8S I gj* ! Total net earnings.

Office number.

ONV Hoavq; ao soixsuvig

TABLE 2—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERALSTATISTICS- Continued.


BERGEN COUNTY—CONTIWITSD.Englewood—Mutual

Fair Lawn—Saddle R i v e r . . . . . . . . . . . . . . . . . .

Haekensaek—Mutual...

Fort Lee—Building and Loan

Hasbrouck Heights—Building and Loan,.,

HUlsdale—Progressive

Lodi—Building and Loan

Midland Park—Franklin

Oradell—Bergen County

Park Bldge—EurekaWashington Township..

Ramsey*— Building and Loan...

Rldgefleld—Building and Loan..

DEBTS OWING BY ASSOCIATIONS. BEOBIPT8 DURIKG

843

1,829

272

1.1&0

11,160

96

6,498

7,600

W0.0OG

#17385 $28,626

4J

2,448

8.760

800

10,518

»,900

963

1,850

J 1,100

4,037

37,900

DTTBING THE TKA&.

•7,812 13,683

6,379

7.J30

433

1,150

I•94,014 148,223' 144,336

970j

98,181

4,796

31,450

1,264 !

68,447

3,500

15,009

1,248

17,&4&

4,000

16

7,786

43,251!

8,4051,706,

17,009

66,234!

34,776

6,610

22,391 7,985

$90,319

836

97,172

4301

31,198

1,364

4,336

7,74?

39,687

6,9631>88

16,990

$49,675

800

50,496

«,900

16,100

139,811

30

93,030

837

4,114

4,000

4,700

34,390

4,916600

13,294

10,8*

113

1,437

2,846

740838

486

8,765

OUBBKNT OF

AMOXJNT OF SALARIES.

1 I

737

70

360

50

138

188

379

191193

88

1,683

*500

180

•0

150

200

100166

1500

150 .

50 .

120f

150

761

S60 $100

* Inclusive of dues paid in advance and amount owing on eanoelled atock, but exclusive of money undelivered to borrowers and unearned premium!.forfeited (lapsed), redeemed, matured. X Partly, or wholly, on aooount of borrowings of previous year. I Not reported.

15

16

17

IS19

30

31

t Including withdrawn,

96»E<a

©

o

s

I

852 g g $83 S IK » 8B

^r •« g.

S!

l i f t I l l f tS MHg » . g 1 e E l 1 1 1 f i l l

! i Ie : E : f |

BMNffln

B S8 i 8 BS Sc. — ~~— ~

*• ; Total net earning!.

ii_;-._.gg Office number.

a^v soixsixvxg

Offloa number.

.*- : s»

if!S_¥s.

I!

"I ~ ~I Total amount *

Cash borrowed.

Cash repaid.

Loans undelivered to borrowers.

Unearned premiums.

e» * a 9 *- en oo 0> e fi.

li Dues, intereit, premluma,lees.

§ si I 1 is i III Repaid loans.

i & . i B S iSS5 Total.

ta O H tr>

I ft i •S -si Loans made.

acts *» k-j ESe>.* b i -a M>*» Cancelled shares, f

1 gg

Total,

II s g si I I i s !Secretar/.

Treasurer.

3 SS S2 g U S Office number.

'Ito

i

itIQ (

h

ISSI

! !

iiit

Sfcfcfefc ft £ 8 £ 852

I I i I & * -s a

? •

IS ^ i

a

1 e STB. 5

i I it if irr riU

« A >». O

my* a ?

i l l 5 I 5.

Offloe number.

isS3

Age In yean,

Date of reports

Sharei in force.

Hlmrf • pledged (borrowed on).

Shareholder!.

g

I

a*Q OQ00 O

IIS OQPi

"8

Borrowers (shareholder*).

s i n s

£|»s3 |s S s I s s; j£,S§8883 I S i 1 s i i i

Net worth of associations (net assets).

;| s

3

$ » S3 3o » w wS*-j "w 1o "t>» t* M j-'c-

S £ K s S § Sg

S B K «S S S I


ft S 8 8 SS 8 SS2 Office number.

GNV noavq; ô soixsnvxg 885

•SNOUVioossy QNV omening;

TABLE 2.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—GENERALSTATISTICS—Continued.

47

S*4960$1m68M66

gIB

m61


CAMDEN

Camden City—Economy..Eastern UnionExcelsiorFranklin.,.German Centennial...GuaranteeHomesteadMechanics1

MutualMutual GuaranteeNorth Camden ,

ProvidentSouth Ward ,State Mutual..... ,Stockton,, ,

63 Berlin—Building and Loan ,

63 CbesJlhorst—Building and Loan.,

€4 ' Clementon—Building and Loan..

December 3Ut,1892December 3Ut, 1893.July lit, "*ft~

2U September 1 st , 189317 April 13,189S .

7 Augus t 21st. 18938 January 16tb. 1895$ .

22 February 25th, 18935.21 April 1st, 1893J

2 March S i l t , 189114 October 1st. 1893.22 March 1st, 1893}

1 December 1st. li34 May l*t. 1893..

1% September 27th, 18939 December 1st, 1892$

7 March 113th, 1893

6 August 5th, 1893$

1 April Htb,

74

827335

an188

1141

$239,71811,247

304.275

48

90

2

5.8881,576126,024202.761!132,669168,761;220,342194,607

112 165.01675 92,4499 I 15,299

30,115

4,730j

2,115

U72,81211,24751,036

828,88266,21669.166

103,476168.436

155,966176,037147,759

8,004116,885

14,581)

3,750 •

17,74975,39*19,08712,42022,54844315

fcO

CO

HM

4747)*

44,31546,441'12,785!44.305146,848*

19948,1315,486719

535465666758596061

6,833 62

* For fiscal associatlonal year. All data above are for this period, except where otherwise noted. This date, where the association has not been a year In operation, refers to timeof statement to Bureau. $ Statement to Bureau not verified. t Of these in Mew Jersey: shares, 293; shareholder*, 47. § Not reported. f Of these in New Jersey: shares,2,668; shares borrowed on, 169; shareholders, 997; borrowers, 11.

DQ

50

TABLE 2—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERALSTATISTICS— Continued.


47

8*4050616368M6666676869

BKOEIPT8 DURINGYEiK.

DEBTS OWING BY ASSOCIATIONS. DIBBOB8EMKWT8 DURING THE YIAE.

CURRENT OFFICE EKl'E

AMOUNT OF SALARIES

,16,87464 61824.78423.7U0S4.H1460.6(530,816

132.45966^9248.6288,744

84,307102.097

10,486

13,50718,99911,96312,74211,33744,16230,93611,94727 00327,496

166

,6,0506,(>907,826

12,0862b. 161117,1744,625

83,45728,450

1,041016,780

9,100

41,111611,06787,06251,875

139,460100,05988,67016,33053,670

116 7-J810,761

3,11553,3008,500 12,00019,629) 6,000

CAMDEN COUNTY—Co:

Cam den City—EconomyEastern UnionExcetsiorFrankUn.German Centennial.Guarantee.HomesteadMechanics'MntuaLMutual Guarantee.North Cam denPeople's..Provident..South Ward8tatH MutualStockton . . . .

Berlin—Building and Loan.

ChealUmrrt—Building and Loan,

Clementon—Building and Loan

* Inclusive of duea paid In advance and amount owing on cancelled «tock. but exclusive of monej undellTered to borrower* and unearned premium*. f Includlnfj withdrawnforfeited (lapsed), redeemed, matured. J " Guarantee iund" savings. 5 WholJy, or partly, on account of previous years* borrowings. II Not reported.

TABLE 2.—BUILDINGr AND LOAN ASSOCIATIONS OF NEW JERSEY—GENERALSTATISTIOS-Oontinued.


1 !CAMDEN COUNTY—COHTDfTTMD.

65 IColUngswood—Mutual

6667

Gloucester City—Improvement..United Mutual

Haddonfield-Mutual....

Linden wold—United Town*.

Magnolia—Mutual

69

70

71 Merehantrflle—Building and Loan..

tCAPE MAY COUNTY.

71 Avalon City—Building and Loan. . . .

73 Cape May City—Saring Fund

74 Cape May C. H.—Mechanics'

75 Dennlsvtlle—Loan and Building....

May l it , 1893.

6 June 27th, 1893.....37 j August 10th, 1898..

19 ! January 10th, 1893...

5 March 6th, 1893 ,

4 I April 26th, 1893. . . . . .

IS Norember 1st, 1893..

4 April 96th, 18934:

96 January 90th, 1893$..

81 February l«t, 1894...

U June 15th, 1893

TOTAL NC-MUKB OF

218

3,3821,040

4,191

866

1,110

9,917

1,437

384

391

1,071

136

814

815

160

+45

134

124

906

601!

164

193

254J

166

! a-- —i I

76

176

31

41

116

95

71

$5,969

143,01674,770

390,963

40,519

163,485

84,377

M.750

«,304

99,07055,333

90,928

128,310

39,469

78,196

51,468

1665 65

43,946 6619,447 j ~

55,871

5,981

35,178

4,904

20,554

11,094

4.8031

* For fiscal aasoeiational year. All data abore are for this period, except where otherwise noted. This) dale, where the association has not been a year In operation, refers to timet B fNot reported, + Statement to Bureau not rerlned.

Fo scal a o e i t oof statement to Bureau.

fcO

to

i i

00H

O

II

Offlee number.

.8 8 S | B.S£ t I I 28

j-i if if i

180

3

S

g

176100

3

I I

I 3

176

§

00,

<«I

i

176181

s i

i i

. g

31

gg

SI

si

i

i

i

TotaL

Total.

! Secretary.

I Treasurer.

o"SOB

s

>idto*

i

I

i9.

Ofllce number.

'SNOixvioossy anv

TABLES 2.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY— GENERALSTATISTICS—Continued.


CAPE MAY COUNTY—COKTlinnro,

76 Ooean City—B ullding and Loan

77 Sea Isle City—Building and Loan , . . . . . . .

78 South 8eavUle—Loan and Building

79 Tucfcahoe— Building and Loan..

CUMBERLAND COUNTY.

Bridgeton—Merchants'...., ,Saving Fond .«

^ MfllTllle—Colombian83 Hope ,83 Institute84 Security.

86 jVlneland—Mechanics*

» December 3lst, 1892

5 August, 1833t.......

SI | March 7th, 1893

28 February 4th, 1893.

March 15th, 1895June 1st, 1893 f.

1 September 35th, 189313 \ November 1st. 1893..10 September 18th, 189318 October lSth, 3893

TOTAL NU-MBEK OF

Jane 30th, 1893

11345146

192

•19,139

12,854

19,619

94,819

I

273,889330,230

9,402162.57198.S15147,776

116,899

116,318

10,719

15,831

16,608

309,810254,618

9,078'131,968!

115,793

90,606!

oH

$2,811

1,685

8,788

8,211

ffic

e

o

76

77

78

79

toCO

3H

wo

aoH

64,079 80 M65,611 8t I H

324 81^ I *30,613 88 |34,982 8831,9*3 $4

26,293 85

* For fiscal aasociatiQual year. AU data abore are for this period, except when otherwise noted. This date, where the association has not been, a year In operation, refers to timeof statement to Bureau. t Statement to Bureau not rerlfied.

TABLE 2—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY-GENERALSTATISTICS—Continued.


OWUfO BY ASSOCIATION8.

UELNa TEAS.

B.EOKIPT8 DTJBLKG IYKAE.

I

m8BVR8XMX*T8 PtTBlNG TUB TKAfi.

CTTKBBNT OFFIOE IXFENSK8.

AMOUNT OF SALARIES

a©©hiWH

wG

CAPE MAY COUNTY—COMTIKTTBD.

Ocean City—Building and Loan.. .

Boa Iale City-BuUding and Loan

South Searllle—Loan and Building. . . . . . . .

Tackahoe—Building and Loan

84

81% MIltYille-Columbian..""* Hnp«

InatliuteSecurity

131

1,623

48

130

CUMBERLAND COUNTY.

Bridgeton—Merchants' . . . . ,Saving Ftng Fond..

$899900 900

Vlneland— Mechanic*1.

#,000

619 53,000

*296

*6,4M

6,841 4,635

16,109

*2,200 6,846

7,9441 4,960 8^76! 7,089

8,660 7,336 187 8,177

93,1)62

10,40166.63133,8565*O96

60,170

70,961 33,65061,365 22,000

9.600,43,3*0 18,70027,0441 5.55037,7881 14,250

36,184' 14,675

tt.485

3300

4,580

4,297

1600

8^56

*^61

8,675

•186

90

S68

107

106,53491,977

10,33856,1dl33.36162,111

36,704

89.400 70,38369,300 18,971

841694

700635

1199.300 50 18422,700 80,9751 36 J18,000 18,8951 309 164'83,600 27,331 196 179 60

167

50

60

50

500400

111

I34,810 8,1881 756 434 SIS

100125

30403540

8"!

• Inoluifre of dnei pafd In adranee and amount owing on cancelled Btook, but exclusive of money uadeUvered to borrowers and uiforfeited (lapsed), redeemed, matured. J Partly reaerred for taxes. § Wholly, or partly, e*n account of previous years1 borrowings.

unearned premiums. t Including withdrawn,

to

•en

toCO

a s

IT oI I 8 2cr ^ M ww o * *

6-?fiiia-

i ? f f f i i f !

ho oo-a w e

s1 ?s ? |

I II I!

Offln number.

Age In years.

: :

i si i i I

I i g § S I 8 § g « Sf3 _ _ _ „ -

Bate of report.*

Shares in force.

Bharei pledged (borrowed on).

Shareholder!.

S H I S S S 3 K

rI8

i Borrower! (shareholdera).

aSS s e a i 1 s E 2 *> |s a.•2 fe !5 'k Q »• S i fe fe i$ 2

I S JS S 8 S 6 3 g oo SS SllI .s g 8 s K 1 i S § ««.«

Net wortb of associations (net assets).


Total net earnings.

Office number.

1

ONV io soiisixvxg 96S

TABLE 2-BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-GENERALSTATISTICS- Continued.

90

91

91

98

94

96

9S


DEBTS OWING BT A88OOIATIONB.

DURING YEAR

ESSEX COUNTY.

Belleville—Building and Loan..Home

Bioomfield-Boildlng and Loan..Essex County

Caldwell—Building and Loan ,

East Orange—Building and Loan....

Franklin-Building and Loan

Irvtngton—Building and Loan

if ontdalr—Building and Loan

Orange—Building and Loan

Orange Valley—Building and Loan..

South Orange—Building and Loan..

Vailsburg—Building and Loan

18,000

7,409!2,987,

6,506

1,009

3,390

291

78

1,011

38

8,610

18,000

1,000

17,000

16,500

3,300

3,000

2,760

9,000

tnjoo*8,82B

tl8,600|

8,000

8,971

5

4,815

t28,800

120,500 11,349

*4,700 .

$4,000

8,760 779

6,608 1,718

BEOBIPT8 DTJEIKGYBAX.

$84,084 134,599"""~ 10,397

23,97659,174

M.186

84,238

4.986

4,31919,688,

4,818

§

873 40,762 40,762

33,978 16366

120,218 90,141

43,168 81,490

14,384 11,384

16,399 12,066

31,612 12,346

DIBBUBBIMKHT8 DTTEINQ THE YXAB.

133,7379*»7

•18,9764 > >

36,888 13,992MtW\ 581846

1,000

8,617

127,06*

40,546

3,690 86,073

13,629! 112,891

7,336 40,764

18,123

14,984

31,391

8,160

67,8«4

80,047

4,889

78,881

80,600

4,974

8,871;

18,800!

$18,435

8,781

851

19,934

9,981

8,815

16,443

14,558

3,833

8,113

3,107

OUBBSNT OFFICE KXPKNBK8.

A.MOUKT OF SALARIES.

1,161

510

800

1,161

8611

811

169

348,

»3061b

800

876

135

800

500

112575!

200178

*75

100307

500

175

76

600

400

150

60

800

100

50

800

100

88

86

• Inclusive of duet paid in advance and amount owing on cancelled *tock, but exclusive of money undelivered to borrower! and unearned premium*. f Including withdrawn,forfeited elapsed), redeemed, matured. % Wholly, or partly, on account of previous years1 borrowings. § Not reported. I Insurance account. to

CO^ 1

TABLE 2.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY-GENERALSTATISTICS—Continued.


101103108IOf*104105106107108109116111113HI

SS*115116117118

ESSEX COUNTY—CONTIXUBD.

Newark—ÊtnaBeneficialCaatooCentralChosen Friends'Cltlxens'.....Court House*....Eighth Ward...Enterprise. »ExcelsiorFireside.Fourteenth Ward. .First ItalianFraternal •German..... .Grand.. . . . . . .Hearthstone •ImprovedHomeHoward ,Knight* of Pythias [Lincoln jMechanics' I

_ July l it , 1898r.. ,}$' August 2lst,18S3t

2 January 31st, 189412 July 25th, 18932J£ December 3L»t, 1892....2 December 3Ut, 1893....$4 December 31«, 1893?...

7 December 3lst, 1892...10 April 1st, 1893124 June 1st, 1893 ,

7 February 1st, 1894.,...8 March 20th, 189323£ December31st, 1898...6 May 1,1893

U Jane 1st, 18932 November 1,1893..i% May SUth, 1893% December 3lst, 1893...

9 June 1st, 18939 August 1st, 18931.......7 March 28th, 18937 December Slst,1893t..9 October 1st, 18S2

TOTAL KZT.VJ3SK OF

21017

J80.

1031884169

195

1248

343

100180147,

$28,575'

21,836,64.87124,75012,328

312,680806,06712o,170122,078483,580

14,077120,794226,214H6&f

4,842210,494316:79519^657113,003128,078

$24,9164,236 ,

1898418,98417,280,60,44323.6572,328 .

257,256229,311106,15295,691

391,314;

100,044 {167,18413,716*50,459,4,842 .

157,140

162,11888,37695,532

. .--- , 99!^1,568) iWi4,556 1014.428 1022,193 103

55,424 I 104''76,766 10520,018 10626,387 10792,236 108

1,444 10920,750 11059,030 111

84i 1129,167 113

113*.53,354 11472,796 31539,539 11624.H27 11732,546 118

toCO00

GOH>

o

02

• For fiseal association al year. Alt data above are for this fof statement to Bureau, t Statement to Bureau not 1

tod, ex«ept where otherwise noted This date, where the association has not been a year in operation, refers to timet New Jersey business: Shares, 816; shares pledged, 202; shareholders, 126; borrowers, 19. § Not reported.

TABLE 2—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-QENERALSTATISTICS- Continued.

100101102108

104 '1061061071081091101111121131133114115116117118


ESSEX COUNTY—CONrnsmsD.

Newark—/EtnaBeneficial....CasinoCentralChosen Friends'Citizens'Court HouseEighth WardEnterpriseExcelsiorFiresideFourteenth Ward....First ItalianFraternalGermanGrandHearthstoneImprovedHomeHoward...Knight* of Pythias. .LincolnMechanics ' . . . .

DEBTB OWIMQ BY ASSOCIATIONS.

DUBIMO YEAB*

4,66*SO,*7817,666

•27,138

4,950

11,00013,167'

9,000

31,060

32,500!24,710

•20,360

§6,9501.

9,000

19,936

BEOBll'TS DUBIHGYEAB. D18BUBSXMSKTB DURING TUB YXAB.

22,500§25,095 .52;i64

•30,9183,094'

'"" 6,2856,4901

5.0001 6,000.1 $3,700 .

5,4291,025!,14,02813,789s13,7181

1243

11,18486

10,8396 2751

2620

1M513,808' 124,000 111,8001 2,847 9,187

$51,216!4,494!

40,353!167,85947,92332,3762,328

127,17663,348143,78042,991181,38532,97962,860169.1K5

$15,350!4,494

24,428!22,70929,27117,864S328

*8,327 $51,118, 3,148

251 19,811131,130 148,7884.009 45,868500, 26,473

21.060 15,660...1... ........I 4,646.32,900 19.000 8.953 .44.100 52.000 ....:....26,0001 11,397 '.

1127,7104,842

93,991

104,68394,38989,246

Ti43,46437,438130,90132,235'37,35748,3799,0069,2924,H4S40,283,

16,808; 106,121X 64,321

39,6861 14Q,«1»4,853! 41,69816,9111 177,5»9O

716 32,97923,910 60,60090,9751 149,205

50; 9.8312841 123,435

4,84393,9211

$32,9284,6009,07514,19030,18119,345

•8,88S861'

8,039184,18710,603!6,011

65.109

40.16231,010122.016

24,1593,48018,856

86,590

56,93918,435!55,443

15,844 .....18,485 9H,8ili33.803! 89,175

39,45422,500:60,865

81,127

X16,41928,8122.44819,573112,6341,867,733

86,143

19,8818,366127,780!

OT7BBENT OFFICE EXPENSES.

AMOUNT OF SAT,ABIES.

$175297 176333 175361 BOO

217;

853584400564857267493646239

1180!410886,783!648;460,412

200

$1501001O0

aoo896150

550550;4100300750|192375

22511350;335350

400350

300300,2006 0120 .2503501502001601260,350!350275!'200'

$25! 9960} 99>i50! 100

100, 101I 102

50| 103103

350 104200! 106lOO1 106

113113

50 . .100' 11400 115125 116100 117100 118

*Tnelustve of dues paid In advance and amonnt owing on cancelled shares, but exclusive of money undelivered to borrowers and unearned premiums.. t Including withdrawforfeited (lapsed), redeemed and matured sharei. JNot reported. $ Wholly, or partly, on account of previous years' borrowings. | For one-half year. f Per year.

TABUS 2.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERALSTATISTIOS—Oontinued.

MMJATION AND NAME OFASSOCIATION.


___ j Newark—Mercer.ISO Modern.121 I Mutual ,__1" Mutual Land and Home133 Newark138 New Jersey134 Norfolk136 North End.126 Northwestern137 Pasaaic138 ! Phoeoii139 Protection110 i Prudential.131 ! Reliable132 Rosevtlle133 Saying*134 Security125 Seventh Ward136 State.137 Standard138 Tenth Ward]8fl Teatoaia,140 Thirteenth Ward..

3 December 1st, 1893...1 May 10th, 1893

36 October 1st, 189311 December 31«t, 18931

10 May 31st, 18936 S«ptember 1st, 1893t6 April 21st, 1893.4 April 3(ith, 1893t1 1 March 15th, I893t....9 j July 1st, 18936 January 2d, 18837 January 24th, 1893...1 June 1st, 18938 j September 11th, 1%9S" November 1st, 1893.

January 18th, 189SLJune 30th, 1893October 16th,1893i\.December 31«*. 189£October 1st, 1893. ...February llth, 1893.October 17th, F "April lat, I883f

TOTAI, NUMBER OP

^ ^

3511517634816221918*1091912683P&34346360350433646134207604475167186

1 1

I l4)

* 1£ .!o

f

429,

153

73363*

+ 88693984

114811091957321691433442

$61,972.9,859

421,67611,786!

SSi4U.44613,163

176,438150,008216.580

2,646196,015

; 015,85064,415

212,38336,1423 9 l 0

$54,0969,1101

325,9511,786 .,

131,75461,74144,6b733,54U12,366

132,8101122,357175,3*58

2,184146,914144.108146,022821,754

14,84653,250

207,1*9

$7,876' lli»749 120

95,724, 121I 1 2 1 ^

3M7331,904

45,326 12214,042 12810,935 1246.9W5 126

796 12643,628 12727,657 12841,212 129

362 13049,101 13130,185 13237,360 13370,076 134

1,004 13511,165 13657,129 13738,991 138

4,669 1397,246 140

sfers to time

00

o

a

TABLE 2 — BUILDING AND LOAN ASSOCIATIONS OF NEW JBBSEY— GENERALSTATISTICS—Continued.

119120121121*iaa1881241361461*7138129ISO1811311381341S6IStS137139189140


ESSEX COUNTY—CONTIMUB


RUBINO TEAK.

rewark—Mercer 16,346Modern 3,665Mutual ! . . .Mutual Land and Home |Newark 10,000New Jersey 1,621NorfolkNorth EndNorthwesternPassatcPhoenix.....Protection .PrudentialReliableRamerllleSavingsSecurity.. .Seventh WardState .Standard...Tenth Ward....Teuton laThirteenth Ward

*30,700t*36:063

11,8131.3*92,200

16512,563!

1,3696

3,4183,250

30

10.000 Jl 1,000»,700 J21,888

29,000, 17,500

8. LOO 6,900 .16,818, J28.793 .29,780 26,060.

$2,8054,4901,800

2,000

*3,U6

"•IS

4.000 *6,00018,160 16,900

$9,761

1,181

BEOBlfTB I>tJRtB&YEA.B.

$67,869 129,14422,611 11,411

168,908 111,632

•3,015

"64,8o6

70,347 47,872'36,815 21.81K);62.809 $SI.973 21,102 -

19,9009,873

3,800 l,800<19,300 19,30042,360 68,957

4,500 J26,60e8,047 *9,0471,750! 1,760

85,51582,8424,084

73.83372,06998.H8789,89718.84354,198

170,557106,341128,5*437,332

35,78746.33048,116

3,870'60,10651,738

DIBBmtBSMXHT8 DTTBIMG TUB Y*A&.

•67,869 #67,96333,518 13,115166,466 115,100

86.02462,688

OUKBBNT OTFIOB BXPXK8B8.

36,4684685

30,825

20,83917.480|31,158

87,56685,0996U.IJ.S8

3,60773,069

6U,ai910,872!37,118273,866163I469

VSSi16,61953,895'28,166,

15,4811 11,392

98,52889,81417,47061,076

170,666106,18728,27836,975^

30,65014,68619.3801

5,550,16,10061,91040.51042,965

1,98043,96781,79053,80156,84013,66035,34976,46766,6267,436

24,836

*6,0001237

48 359168

1X4898,661

13,4891017

11,88816,50715.639

1731,102

196353518307372186475641

«7,67316,191 f81,0772,962,6,471

34,1*2511,861'11,312

276612646506208467

1,008466898|1641

•8001QQ

275

125425440450

450461160300700331250126

1200765002525015020012575300300300

200300300300100200600237200100

t76 11925 130300 12125 U\H25 12276 12360 134100 12650 126100 127100 128150, 129

I 13080 13175 132150 138125 13460 135100 136125 13794 13850 13926 140

• Induslre of due§ paid In advance and amount owing on oancelled shares; but exclusive of money undelivered to borrower* and unearned premiums,forfeited (lapsed), redeemed, matured. t Partly on account of previous years* borrowings. § Not reported.


141142148144145146

147

148

149

150

151

152

US

TABLE 2.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY-GENERALSTATISTIOS-Oontinued.

LOCATION AND NAMB OPASSOCIATION.


Newark—Union 6 September 30th, 1893 .Uptown 1 Jane lot, Ife93t.««Washington 6 May 16th, 1893West End. 5 June 1st, 18J»3Woodside 7 September 1st, I893t •Workingmen's 5 | May 1st, 18931

GLOUCESTER COUNTY.

Clayton—Building

Glaasboro—Loan and Building.

Molhca Hill—Building and Loan

PaoJsboro—Loan and Building

|Swedesboro—Loan and Building

WliUamstown—Monroe

WoodbHry—Real Estate

March 13th. 1893f-....

May 81tt, 1893

December 31st, 1892...

October 1st, 1894

May 1st, 1893.

February 3d, 1893.....

April 23d, 1893

TOTAL KTJMltFB OF

forc

e.ir

es in

•a0Q «

1,6051,0292 0862,2523,131

820

859

869

343

792

680

494

5,960

(red

on

).

i>a

£1

edge

dir

es p

i

.3GO

39963

991500

1,293263

363

351

6b

275

819

234

1,779

24414?264347424167

166

206,

101

102

35! *85,&9l6 11.690

1091 113.17646 108,004,137 244,568

274

82,753

22,109

65,890

59,304

49,446

373,811

*71,7lO3M46S93,462!91,632

187,716120,419

50,715

18,420

44,249

45,980

39,216

291,156

I*13,88l 141

t>44 14219,714 14316,3821 14456.852 1453,232 146

14,552 147

20,701| 148

3,689 149

11,641! 150

13,324' 151

10,230!

82,655

152

153

COoto

Hi

ssQc

ft

i

* For fiscal assoclatlonal year. All data above are for this period, except where otherwise noted. This date, where the association has not been a year in operation, refers to timeof statement to Bureau. t Statement to Bureau not rerlfied. % Not reported.

15*

TABLE 2 ~ BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-GENERALSTATISTICS- Continued.


ESSEX COUNTY.

Newark—Union.....UptownWashington....,WeitEndWoodsldeWorktngmen**.

141143148144145146

148

149 Malltc* Htil—Building and Loan..

ISO

GLOUCESTER COUNTY.

—BuildingClayto

Olauboro—Loan and Building..

Paulsboro—Loan and Building....

Swedesboro—Loan and Building..

Williamitown—Monroe

Woodbury—Real Estate..

DEBTS OWING BY AS8O0IATION8- BEOErPTB DITYEA.E.

$4531,040

943.488544

10,364

38

1,400

19

1,014

$1,500100011,84038,6003,900a,ooo

•IS18,660

"S1,688

$3,011

•1.816

•33,930 #25,38613,977 13,88663,452 34,88290,691 33,91086,963 70,98716,563 15,563

16,978 14,487

33,889 16,279

90,885 5,409

33,877 13,931

18,182 11

12,272, 9,947

145,7851 100,868

PlBBITBSXMSliTB DURING THE Y1AB.

$5,700 #32,03512,079

15,717 62,5598,184; 89,344

15,500, 86,871,000 16,051

1,090

* 17,6809407

35,958

S2gS:2g10,509

15,963 3,614

4,093 22,616

OUBBBNT OFFICE EXPENSES.

I,169|17,67910,036

13,782 17,969

6,687 22,847

4,838

1,800

46,072

16,811

13,167

146,600

30,900

10,314

779

•18,883) 3,710,

14,378

..846!

7,634

4,435

1,900

78,018 68,314

AMOUNT OF BA.LA.KIE8

$11,574. #480 #430I.169f SttiOi 175

378 350421 300634 600878'j 176

181

200

161

266

139

291

9,606

aoe145

286

100

236

1,8761

#250150260150860160

120

160

100

157

HOJ1,000,

$19025100150160

50

141142143144146146

148

40 149

78 160

161

75 163

6Oo| 163

* InelmtTe of dues paid in advance and amount owing on eaneelled iharei , bnt exclusive of money undelirere* to borrower* and unearned premiums. t Including withdrawn,forfeited (lapsed), redeemed, matured.

Co

a *

onOQOo) )

SSS5SS S a a Sg ggg ssrS3 3 H a

* 3 I ?3^ g II ill IfHE'? ft g L S

HI

3S *:

I i ;

I* •

1

I*!??

111i«i

ii HIl i i i

r f | %i| g gag

II

g i i "is %m

Offlee number.

Age In yean.

Date of report.*

Sharei in force.

Shares pledged (borrowed on).

sB*$s 5 I SShareholders.

8 £ . 8 S«

w G S Sa

I

3 !

Borrowers (shareholder!)•

Net worth of assoolations (net asseti).

| I3SSSB § B S &5 §^£ I I I

I ifillljij_lliJli_I

Total dues on aharea in force.

( I nil I 4 I

Total net earnings.

Office number.

a^v &o

1641661*6

167118.169

160161

153

164

166166167168

TABLE 2— BUILDING AND LOAN ASSOCIATIONS OF NHW JERSEY— GENERALSTATISTICS- Continued.


HUDSON COUNTY.

Arlington—Building and Loan..Equity..Kearny..

Bayonne—Building..Centrerllle... . . .Pamrapo

Harrison—Harrison and Keamy.People's

Hoboken—Building and Loan

Town of Union—Building and Loan..

West Hoboken—Palisade..

Jersey City—Bergen Mutual, No. 2...Bergen Mutual, No. 3 . * . . . . . . . . . .Caledonian..Carteret ,Columbia.......Communipaw -.

DXBTS OWIWG BY ASSOCIATIONS.

I>UBINO YEAR.

$1,W8 $4,1964,500

16,300

6,031

9378,103

2,0003,500

39,10*

7,000

29,196

7,600

67,0096,7606,0C0

•Inoluslre of dues paid in advance and amount owing onforfeited (lapsed), redeemed and matured shares. J Partly,

$2,260J6.70Q16,r

*8,70S5,65118,000

J81.4008001 5,704

7,000 3,100

J80,815 3,800

U6,l00J.8,100

101,350 1100,851 .38,160 $68,760:80 400 '

cancelled shares ; but exolutireor wholly, on aeeount of prerio'

BKOBIT'TS BUBUt*}YKAB.

$4,98117,88178,681

197,808

$3,000 30,633 10,931

6747,839

9,500

3,822

243,371

124,927

78,289

33,127

42.46730,48427,197

142,401

33,649175.38S

104,494

47,078

13,634

23,50920,69433,80637787

181.293 63.316

I

$3,87311,3471 $1,53587,034: 33,129

',803 5 |>,«99 56,447. auo in noi' 16,353

63,250

8,830

3,000

1,600

6,6781,9532,68718880

DISBUB8XHE1ITA 1»TTBINO THK YKAB.

H,7551666675,734

178,067

39,613

54,128

107,546

78,167

31,817

37,809

25 060141,115121,19631,068

$4,8004,471

45,860

17,943

11,808112,800

83,575

86,960

12,550

1,6607931

99.90087,4119,930

OtfBBKST OFFICE EXPKN6B8.

•90S

10,773U921

6464,888

j AMOUNT OF SALARIES

$60664

1374

1,971

761

10,1911061086

17,038

10,893

8,090

6,436 44819,974! 48810,7731 677U921 594

§3

9091600325

4261,669

575

176

182

8003004001400600260

$25»

609420250

8601,000

400

175,

133;

soo1

800350'300

$200

154156156

300 157180 15875, 158

162

50 164

166166

_. 16750 168

. . . . 16960' 170

of money undelivered to borrower* and unearned premiums.>u» years' borrowings. § Not reported.

300


TABLE 2.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-GENERALST ATISTIOS—Continued.

LOCATION AND NAME OPASSOCIATION,

171173173174175176177178179180181189183184185186187188189190191193193

HUDSON COUNTY—COM

j Jersey C i ty—Crescent . . . . , . . . . ,EnterpriseEqui tab le . . . . .

Excelsior*.*'.*.** '.*,".".*.*.*.*.*.".*.*.*.*.".*.".*.*."*.".*.".*."Excelsior, No. SFairtnountGarfieldGreenvilleGreenville, No. 2Greenville U n i t e d . . . . .H i g h l a n d . . . . . . . . . .Home . . . " I . . I ' " " ' *Hudson City

I Hudson MutualI Improved Land and LoanI Industrial.

Jersey CityLafayette .L i n c o l n . . . . . . . . . . . . . . .Madison *".*"*. """*.MonticelloMontgomery

November 1st, 1893....,March 31st, 1893tMay 1st, 1893tDecember 3lst, 1893|..January 31st, 1898-September 30th, 1893..November 2d, I893tMarch 21st, 1893tDecember, 1892§ ,March 1st, 1895. . . . . . . . .March Slst, l«93 ,March 7th,1893t.-j April 6th, 1893f ,June 9th, 1893.

i December 31st. 1893f..March 30th, 1893June 1st, 1893 ,November 33d. 1893t..,.February 1st, 1893......August 31st, 1893March 13tb, 1893fFebruary 1st, 1893May Id, 1898

TOTAL XUMUEB OK

1,0951,690637928

1,07*4,1271,24T3,4296,0543,4011,1961,218906

8,0151,2691,0963,7002,5334,7666.2871,4773,6341,090

42360156845755

1,459638939999452M562627859463239

1,068999

1,5671,934552

1,089504

12015211075

t403103

t1,41692432012974394117126486269333610

x41188

29E9

t 10

10431

t2178211313750

t23100172,9696{267429

*31,477126,3466,4855ft,369

199,915260,953120.546199,165507.92123i,92729 69855,900124.188146,95494,28037,658

288,44619i«,594J08.492

49*128236,25865,074

$28,57496,2136,390

44,389139,844204,69897,678

157,506374,255170,681no J?OJ>2O,DIA)

47,19894,451115,24571,516S2,84S

190,632155,151336,003272.5tt(J41.785183,54656,680

$2,90830,134

11,980!

171172173174

60,071i 17656,265 17622,968 17741,659 178

* For fiscal associational year. All data above are for this period, except when otherwise noted. This date, where the association has not been a year in operation' • ' ' ~ f Statement to Bureau not verified. $ Not reported. § Statement verified only by Treasurer.Of statement to Bureau.

62,246 1806,008 1818,702 182

29,737 18331,709 18422,761 1854.816 186

47,814 187'4,443 > 188724 89 18995,824 1907,346 191

62,712 1928,394, 198

refers to time

COO

3

en

o

c!OQ

TABLE 2 -BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERALSTATISTICS- Continued.

RECEIPTS PURIKGYK*B.DEBTS OWING Dt ASSOCIATIONS. DIBBUR8XMEMT8 DURING THE TXA&.

AMOUNT OF 8ALA.RIEB


HUDSON COUNTY—COMTIMOTED.

11,362 $105,2709,200 69,038

12,77646,6827,8991

111,8148,liOO 78,619.

16,096 78,88568,113 160,08737,650 73.6806.881 26,5036,200 i 186,575

64,0871,765 1S9.B08

'21,20324,6127O,77«|

20^631' 104,5134.800, M j g .

20,460, 138,581l,800l 121,576

tlOO 171150 17!50100 17426 17675 176

7,500 6,300103,650 tm,iH>9

5,700 5,700,91,969 69,970 3,499

20,20630,4881,135

48,73013,69416,700147,8778,00033,64148.87110,84620,574113081

.! 137,3616,696; 66,332 21,9H7

45,48682,60416.97159.9727&.91O76.0371

3

17,51059,52866,70361,6477,463

46,6607,88*

t Including withdrawn

17117S178174175176177178179180181182188184185186187188189290191193193

Jersey City—Crescent..,Enterprise...Equitable .ErieExcelsior..Excelsior, No. 2...Falrcnount..Garfield.GreenTille..Greenville, No. 2..Greenville United.,Highland,Home ..Hudson City.Hudson MutualImproved Land and Loan..,IndustrialJersey City..,LafayetteLincoln.. . . . . .Madison..Monticello...,Montgomery.,

27,4*3

30,603

13,0001 8,500.8,8011 4,458.

128,600! 126,500 .__24.5M 21,950 9,000 41,67346,424 156,163' I 139,98197,850 t98,760' I 10,310 123,8441

ao

•Induilve of dues paid in advance and amount owing on cancelled ttock, but exelmtve of money undelivered to borrower* and unearned premium*,forfeited (lapsed), redeemed, matured. t Wholly, or partly, «a account of previous years' borrowings. $ Not reported. H Special deposits.

o

mo

HoCO

o1

TABLE 2.—BTJIKDING AND LOAN ASSOCIATIONS OP NEW JERSEY—GENERALSTATISTIOS—Continued.

TOTAL HT7MBEB OF

194195196197198199aooSMI203

203

204

906906907

rersey City—Mutual Land and Building Syn..North Hudson *PavoniaPaulus Hooi ,Phoenix......Security.. ;Star . . . .Union..... !Washington.

HUNTERDON COUNTY.

Flemington—Building and Loan, No. 4....

Lambertville— CentennlaL

1IEECER COUNTY.

! Trenton—Mechanics*! Mercer: N. J. Building Loan and Investment Co..

1

17

January 1,1891May 18th, 1893.May 3d. 1893Mlst1898ty s , 8 9 8 tJanuary 1st, 1893December 1st, I893t..May l&tb, 1893fi April 30tn,189St-..~.January 21st, 1893f...

January 3lst, 1893

May 22d, 1893

August 81st. 1893.December 31st, 1898. . . . jDecember 20th, 18931

1,1913 9732 075

US

989

3,426

9141,070

19,976

7511,191

445833254491

1,177

483360

1,677

92504210176333195284101183

156

2,258

si12947

Si29;75!301

15

116

7878!79

$3,84327V.948169,799176,784256,840

89,819169,779 i39,17281,569

11,9571

269,821:

77,894158,325

O00

•2,928217,303129343'180.646187,7047G,788

123,90984,557'

11,868'

290,162

70,970!

•915! 19462,645 19640,456 19646,188 19769,136 19818,531 19986.870 200

4,615 20118,303! 202

49,669

8,9756,914

204

206

CDH

O

1 - 4KGO

• For fiscal assoel&tional year. All data abore are for this period, except where otherwise noted. This date, where the association has not been a year in operation, refers to timeof statement to Bureau. t Statement to Bureau not verified. i Verified only by Treasurer. § Not reported.

19»

ise197198190300

sei308

906

aoe

TABLE 2 — BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY-GENERALSTATISTICS- Continued.

DXUTS OWING BY ASSOCIATIONS.

DUBING YEAB.

LOCATION AND NA'JE OFASSOCIATION.

HUDSON COUNTY—CONTINUED.

Jersey City—Mutual Land and Building Sjn..North HudsonPavonlaPaulus Hook.,PhoanixSecuritySUr. . . . .UnionWashington....

HUNTERDON COUNTY.

Flemlngton— Building and Loan, No. 4...,

Lambert ville—Centennial.

MEHCER CODNTY.

Trenton—Mechanics1.Mercer .N. J. Building Loan and Investment Co...

$166 *866 *S66

8,778 44,700 38,000

184 84,800 24,800* Q/\ • ' n A I * * *; nja180

9,8479,5856,968

6,300

10,898 18,500

BEOEIPT8 DTTRIWQ

3O00 _ . .„88,850 17,859

11,000

7,500

ts2 406

1968,100

510,000

11,000i.

13,43196,26455,11088,34088,419

85,934

39,167

71,334

54,541

83.830

22,534

12,467

56,303

NG THE YIAB.

IS.00034,60031,400

U

6,700

6,600

28,687i 13,890! 14,70036,123 I

£140,675 | 1

51,9M

as85,850

38,801

71,316

37,731

300030,14631,937

OURBXHT OFF1OK XXPBN8KB.

18,941

33,706

46,600

10.46016,685

116,865

18,876©;870

10,815

• 7,076

6,980

14,1686,01010,516

AJtOUKT OF SALARIES

«M88$30,876 1,8404Zm ^88488487J

1J

198330

1,016

349

610

«,Ji80 $1,886I HOO

60© 400 800600 400 800450! 350 100

450164

300

475

400100

100

395

600600

§050

100

"Inclusive of dues paid in advance and amount owing on cancelled stock, but exclusive of TOORBJ undelivered to borrowers and unearned premiums,forfeited (lapsed), redeemed, matured. X Statement to Bureau not verified. { Part? on account of previous years' borrowings. | Not reported.

194195196197198199300301203

303

204

601 306! ! 307


a?o

3

5Q

!z!

o

mOa

o

CO

i IS i

!lll[|iii!fis t

I!

OICM nnmber.

Age In yetrg.

Date of report.*

e D

s IE Si

f | 8 |

g §1 I

Sharea pledged (borrowed on).

Shareholder!.

P

|

! Borrowers (shareholders).

: Net worth of association! (net asa

^

0

Total dues oa shares in force.

g s i sej i i ,

Total net earnfngf.

ONV uoavj ao soixsuvig 0T8

no

211SIS218214316216517318

2193193

TABLE 2 — BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY-GENERALSTATISTICS- Continued.


MERCER COUNTY—CONTHIUTBB.

Hlghtsiown—Building and Loan

Hopeweil—Building and Loan ,People's

Pennington—Building and Loan..

MIDDLESEX COCTNTST.

New Brunswick—American.Second AmericanExcelsiorHomesteadMerchants*People's..»..SecurityWorkfngmen's. . . . . . . . . . .

DEBTS OWING BY ABSOOI ATIONB. | BE08IPT8 BURIlfO

DURING TEAS.

11,817•4,87112,630

100

88,848

Perth Ambor—Bt-centennlal 1,104Citizens'. , . |HomesteadPerth Amboy..

100

J780

134,708

19,072

17,840

idms7,287

66,56546,71147,3989».22646,314

S

•5,996

9,0805,172

7,187

23,839,44148.74376,88331,700

lUSBtTOSBMENTS DURING THE YBAE.

$191

3,0508,100

40,6807,119600

21,15014,400

70,03229.133

18,74014,000 .56,9303,460,

44,75024,547

12,981

1,1154,574

$6,745

17,86530,912

7,061

64,04748,97847,14099,11346,286

M.890

2,72618,617

6,681

27,75081.2SI34.95059.50017,520

69,575 86,73929,178! 10,844

19,84414,00056,89921887

14,8^0

O U B E E N T OFFICE EXPKN8BS.

11,657

826106

36,7184123

11,58888.B4228,188

3.640.

18,142

5,179

' \

1129

92237

434475545646565

738304

160

650177

AMOUNT OF B AX ABIES

is

$?& *50

475 375500 400550 450500 400

591276

150

400200

208

209209^

I 211100 212100 213

217218

:::: «S66 220^

• Inelvulre of due* paid In advance and amount owing on cancelled stock, but excltulre of money undelivered to borrower! and unearned premlumi. f Including withdrawn,forfeited (lapsed), redeemed, matured. % Partly on account of preTfous ysan1 borrowings. § Not reported.

ooi

>HM

o•25

inOo

oen

in333

386

TABLE 2.—BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY—GrBNBRALSTATISTICS—Continued.

LOCATION AND NAME OPASSOCIATION.

MIDDLESEX COUNTY—COKmnncD.

Perth Amboy—Raritan Crescent.

South Amboy—Building and Loan..Star .

Dunellen—Building and Loan

Jamesburg— Mutual

South River—Building and Loan...

MONMOUTH COUNTY.

Anbury Park—Building and Loan.... .

Atlantic Highlands—Savings Fund.....

Beimar—Building and Loan

Freehold—MutuaL..

Keyport—Building and Loan

April SOth, 189S1.

19

6

1

34

13

February 1st, 1823

October 31st, 1893+ ,

August 1st, 1891 . . . . ! . . . ,

I Jane 26th, 1893

!NoTemberl7tb,189St...,

IS

II February 1st, 1896

4 January 14th, 189S

* April 1st, 1898

34 October 26th, 1893

1 April 1st, 1893

TOTAL NCMUIB OF

8181,988

762

667

1,196

468

3,350

1,596,

218

345487

266

446

1,008

814

34*

186414

177

341

139

1

613

434

101110

42

" i7

150

61

18

184

$82,816 168,608

150.04467.966

51,776

107,479

7,310

185,153

67,801

10,728

161,639

78,363

107,90079,488

42,192

85,740

6,684

128,210

55,184

10,176

123,384

62,100

s

1

$24,208

43,1448,478

9,584

21,739

636

IO

331

222223

334

336

336

* For fiscal aasociatlonal year. All data above are for this period, except where otherwise noted. This date, where the association haa not been a year In operationof statement to Bureau. f Verified by treasurer only. ? Statement to Bureau not rerined, § Net reported.

56,942 237

12,117 228

552 239

28,255 230

11,263 231

refers to time

t-3

w•—iooo

o

>Wo

CD

TABLE 2—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—GENERALSTATISTICS-Continued.

337

9S0


MIDDLESEX COUNTY—COWTINUTO.

Perth Amboy—Raritan Crewsent

South Amboy—Building and LoanStar

Duaellen—Building and Loan.. . . .

Jameaburg—Mutual

South Btrer—Building and Loan..

MONMOUTH COUNTY.

Asbury Park— Butldiag and Loan ., .«.„., .««.

Atlantic Highland*—Saving* Fund

Belmar—Building and Loan. . . . .

Freehold—Mutual

Keyport—Building and Loan


DtTBINO YEAB

*M

944

8,470

13,661

in

38,978

13,434

$30,600 19,000

•8,500

1,600

3,880

19,81$) 7,886,.

BEOE1PT8 DUBYBAB.

$26,741

DI8BVB8XMXHT8 DURING T i l l YXA&.

$4,518 $2,970

470371 $19,617 38,130 17,19031,449 29,679 800 29,1Gb

14,006

59,014

6,176

84,869

14,091 j

58,516 25.M8 16,800

7,696 7,376

36,925' 18,763

6,8831 6,883

44,693 80,313

118,933 24,837

800

9,808

2,160

4,400

12,820

$400

20,17632,900

6,091

20,700

6^00

49,887

36,161 31,100

6,370 4,896

44,771

118,900

38,800

30,176

$2,837

16,86151884

CITBBBNT OFFICE BXPKN8BS.

$160

17636t

8,383 313

29,190 361

307

19,197

1,316

393

11,669

86,069

939

246

420

334

AMOUNT OF 8AL.ABIE8.

136236

700

200

60

875

360

76136

60

160

600

100

60

836

300

60100

130

75

100

224

236

336

8S0

* Inclusive of duel paid In advance and amount owing OB canoelled •took* but eicluiire of money undelivered to borrower* and unearned premiums. f Including withdrawn*felted {lapsed), redeemed, matured. % Not reported. I On account of prevloui yean' burning*. CO

TABLE 2.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY-GENERALSTATISTICS—Continued.

CO

232

333

284


MONMOUTH COUNTY—CONT

Long Branch—Building and Loan

ManaBquan—Sqa&n Village....

Matawan—Building and Loan,

Bed Bank—Building and Loan

MORRIS COUNTY.

238 Boon ton—Building and Loan

217 I Dorer—Building and Loan

238 i Morristown—Building and Loan..

OCEAN COUNTY.

239 Toms RIYOT—Dover..

December 39th, 1892..

January 1st, 1893

NoTember3d,l893....

March 28th, 18932.....

December 519th, 1893.,

November 30th, 1892.,

August 23d, 1893-

10 . March 1st, 1893t..

TOTAL MXTMBKB OF

2,f69

1,358

844

2,084

1,066

1,901

1,833

1,519

1

960

148

799

237

811

tU3

58

532

250

341

S95

20

155

$135,365 $106,8i0

73,9561 62,640

2S,843j 20,640

118,8661 100,390

65,755

110,486

116,528

127,956

59,870

93,708

97,879

100,678

33GO

16,778

19,149

27,377 289

as

238

* For fiscal association year. AH data abore are for this period, exeept when otherwise noted. This date, where the association has not been a rear In operation, refers to timeof statement to Bureau. f Statement to Bureau not verified.

337

338

TABLE 2 ~ BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEJY~- GENERALSTATISTICS-Continued.


MONMOUTH COUNTY—COHTINTTID.

Long Branch—Building and Loan.

M»na»quan—8quan Village.,..

Matawan—Butldlng and Loan

Red Bank—Building and Loan

MORRIS COUNTY.

Boonton—Building and Loan

Dover—Building and Loan. . . . . . . .

Morrlstown—Building and Loan..

OCEAN COUNTY.

239 Toms Rlrer—Dorer..

DKUTS OWING BY ASSOCIATIONS.

771 •S.075 18,876 8,760

3,135

4,104

BKOE1VTB DURLKtfYBAB. DIBBUKBXMENTB DURING THE

I$46,481 $36,881 $9,600 $41,196

31,621 23,621 • 21,196

8,8611 6,492 506| 8,708

43,417 40,889 9,827 96,114

37,341 29,861

49,014. 22,100

84,481! 30,777

4,680

9,724

3,512

QTTKKXXIT OFFICE S.\rSTi8S».

123,646

18,087

$16,993

8,058

6,099

81,660 3,616

35,144 25,614

48,790 37,747

33,311 18,037

8,366

S.363

12,861

! AMOUNT OF

$660

182

78

496

$4&0

170

76

850

360

376

$400

140

76

$60 281

80 S33

•Inclurtve or dues paid in advance and amount owing on cancelled stook, bat exQlumlre offorfeited (lapsed), redeemed, matured.

37,006 21,178 11,400 85,817 88,798 760 769 226 236

money undelivered to borrower* and unearned premium*. t Including withdrawn.

Qo

1

5Q

o

ooI I

( 1

or/i

9403*1243243344345S46847348349SfrO351252

TABLE 2.—BUlLMlsrd- AttD LOAN ASSOCIATIONS OP NEW JERSEY- GENERALSTATISTIOS-Oontinued.


PASSAIC COUNTT.

Pateraon—CelticCitizen*'East SideGerman American..Iron and SilkManchesterMechanics'Mutual. . . .People1*....Provident.Riverside. . . . . . . . . . . .South Paterson......TotowaUnion Mutual,......,

a

[ Passalc—Mutual »People'sUnion

April 1st, 1893February 8tb. 1893...April 1st, 1893- .,October 4th, 1893...,

TOTAL NUMBER OF

2,822

167 Little Palls—Building and Loan..

January 10th, 1893April 1st, 1893December 2£d, 1892...NoTember 2lst, 1893..May 85tb, 1893June 30th, 1893March 1st, 18*3February 13th, 1893 ..December 17th, 1898. <

ll l l187,

387134133

81 $156,11012 27,83111 12,37211 19,508

1,2204:841

1,807!1,2111

7&4J

May Sd, 1893August 28th. 1893..Jane20th, IS9S....

7,708!

February 38th, 189$..

1,808,1,173

438536,309106104

3,341

3,1251,005

738)

383

776636J98296176147132

970463296,

362071146566361412

$127,9(724,20011,06417,484

49,671275,817200,19888,745!83,85664,51722,7948,495

694,790

41,215

earn

ings

.

a

H

I0a<D

o

CO

$28,1631 3403,631! 2411,808' 2423,084; 243

........ 2448,466 246

134.544i72,408169,644'54,682120,5477,632

603,084

30.; 424,9431 837,666106 162,299! 133,18088 103,020

47,057 38,315

65,654 24716,337 S4813,711! 2499,935! 2602,247 251863 252

3 363

GOH

HCDH

WO

GO

3m

87,387 26430,119! 35&

16,490 366

8,742! 357

* For fiscal ascodatJonaJ jemx. All daU abore are for this period, mxoept where otherwise noted. This date, where the association has not been a year in operation, refers to timeof statement to Bureau. t No report made.

340341343343244345346347348249260251358S53

TABUS 2—BUILDING- AND LOAN ASSOCIATIONS OP NEW JERSEY-GENERALSTATISTICS-Oontinued,


PASSAIC COUHTY.

Pateraon—Celtic . , .Citisen*'..B u t Side ...German American,.Iron and SilkMMechanic*'MutualPeople'sProvident ,Riverside,.South Paterson.,Totow .,Union Mutual...

364 Fasaaic—Mutual.355 People1!Sots Union

257 Little Falls—Building and Loan. ,

DEUTS OWING BY ASSOCIATIONS.

! DUB1NQ YXAB.

1184 (6,500, $17,500] $11,000

3770i"***9860 " Y

19,086;.

0,000 $11,6004,000 4,000

s,ooo 3,ooe!

6,Ilt

$67,534 $67,634 .,46,592, 28,092.

...... 38,618 13,6181.•284 31,719 19,319 ..

iDUBIMG THE YXA.R.

$*7,4»j44,11513,62631,296

W,t0012,896

m,49Q

OUEEKNT OFFICE BXTEN8R8.

AMOUMT OF BAXA.BIEB.

. . 36,702 18,830 $7,900 85,637

. . 106,903 73,682 16,614 100,666116,749 91,816 24,820; 104,707

. . . _ , . . . _ , . . . . 400 39,450 26,763 11,372 38,696124 fclf«»|................ 30,504 26,922 1,186, 26.0301

ISO ' . . . . : . . . I 760 35381 17,252 160 22,251:1.6U0 4,019 3 ,169 , . . . . . , - . ! . , . 16,649 10,996 560 15,6841.700! 7,000, 6,300 9\ 16 679 8 678- I 16465

, . 885,756, S09.616J 76,969, 386,748'

8,357,366

1,871

37,560

sleoo37,360;

33,900 33,9001

8,3436,381

1,063'

216,841 119,86873,437 60,68068,716 41.8471

38,396 301,81611I797 72,07ft83,480. 65,187

33,346161,477147,067139,69214,66416,670,11,4009,747!

151,017|

90,391!34 48946,197,

1,01617,26866.896J8,660'8.361,4 644

648

338,433

72,849;

80,090

196SS7

"454|1,176!

746j364'

224336

3,340

3,670* 88,781 \ lS,780i 1,9441 14s!

U*0330100300

*860j330100,900

321

188]600,18020031

1,975

600,460

114

275!6004001888001801

16030

1,0001

6001400]360

90!

240841

j 342. . . . . . 343

344$46 345

34660 847

348136 249

. . . . . 26050 251

II 363100 36H

34! 367

* Inclusive of dues paid to advance and amount owing on cancelled share*; but exclosiro of money und«lir«r«d to borrower* and DBftarnAd premium*,forfeited (lapsed), redeemed,, matured. % Not reported. $ Partly on account of pr«Tlaoa jrear»f borrowing*.

t InoludlDg withdrawn,

TABLE 2.—BUII.DING AND LOAN ASSOOIATIONS OF NEW JERSEY- QENBRA LSTATISTICS —Continued.


361

S63364

SALEM COUNTY.

Qolnton—Loan and Bulldiug

Salem—Franklin

Woodstown— Union ,*..,.,.,.,.,.

SOMERSET COUNTY.

Bound Brook—Building and Loan..

East Millstone—Millstone „ „

Somenrill«—Citlsens'People's . . . . .

SUSSEX COUNTY.

366 i Newton—Merriam Shoe Co..

May 1st, 1893

March 27th, 1893.......

December 3ltt, 1892*.

Maylst,1893§...

March SSd, 1893..,

Noremberaoth, I893|..February 27th, 1891....

S September &th, 1893

617

8,1*4

1,096

1,478

1,5001,800

781

363738

13S

sssj1

64

44123

237,098

39,080

76,438

9,665

50,470180,671

26,510

•43,774

188,008

3S,060

64,296

8,866

46,000111,600

23,764

earn

li

-•a13

S

•11,645

48,994

6,030

13,182

709

5,47018,971

ober

.

a

©

268

269

360

261

3*3

363264

C O>—*00

aHfed

2,7661 265

* For fiscal asaoclaUoaal year. Ail data abore are for this period, except where otherwise noted. This date, where the association h&s not been a year in operation, refers to time* For fiscal assoclatlonal year. Ail data above are for this period, except where otherwise noted. TJUs date, wlof statement to Bureau, f Not reported. J Statement to Bureau not Tttffied. § Verified by Treasurer only.

618 •stfoiivioossy NVO^J CINV

367

368

369

370

371373373374275376377278379380381

TABLE 2.—BUILDING AND LOAN ASSOCIATIONS OP NEW1 JERSEY—GENERALSTATISTICS—Continued.


UNION COUNTY.Oranford—Mutual

.rwood—Building and Loan...

R&hway—Workmen's

Roeelle—Building and Loan.. . .

Summit—Building and Loan

Westfield—Bulldiag and Loan ..

Plainfleld—Building and Loan..Home.

I 7

i 4

| 1

. . ! 4

::::::::! IElizabeth—Central . .I 7

Citizens' \ 6Columbia.... S 1Elizabeth.. i 34Excelsior ! 6Ellzabethport 18Harmoma 31Union C o u n t y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Union Square . . . . i 2

February 1st, 1893

December 1st, 1893

January 18th, 1893

May 20th, 1893*

December 10th, 1893....

December 13th, 1892....

February 27th, 189t..April 17th, 189S

December 1st. 1892§...March 2lst, 1893April 13th, 1893§.... . .MaTCh 1st, 1893May 1st, 1893.December 31st. 1893..May 1st, 1893... . . . . .March 3lstl89S..January 9th, 1893

TOTAL NUMBER OF

3,049

616

1,981

1,180

1,150

874

1,7862,716

7074,495937

4,854'1,7055,6565,4483,560

140.

36

713

78

SIS

|

•08

70

378

154

139

171

383310

34084162

1,919336

3,0732,35091010

1536651638493818649li374930

1147

260

179

I 5

f 85,306

4,928

123,575

39,959

12,976

31,012

186,41490,791

41,078201,56810,651

320,36158,545

379,728414,729

•68.773

4,928

96,440

36,497

12,398

27,204

184,19879,303

27,961t9,964t

290,889

1,819

•16,533

37,135

578

3,808

267

3,462' 268

369

270

65,218 27111,494 27313,127 273t 274

988 275t 276t 27788,83 i 278

* For fiscal assodational year. All data abore are for this period, except where otherwise noted Tola date, where the association has not been a year inof statement to Bureau. f Not reported. J Statement to Bureau not verified. § Statement rerlfled by Treasurer only.

279280

310 881

operation, refers to time

TABLE 2 — BUILDING- AND LOAN ASSOCIATIONS OF N1W JERSEY—GENERALSTATISTICS—Continued.

DEBTS OWtNG BY ASSOCIATIONS.


, DUBINO TKAK.

UNION COUNTY.Cranford—MntuaL... , .

366>v Garwood—Building and Loan..

967

268

370

tri373

871 EUzabsth-Central.374 Cttixeas'376 Columbia....... .376 Elizabestb877 Excalalor378 Etfzabethport....879 Uarmonia.. . . . . .380 Union County...281 Union Square...

Bahwajr— Workmen'*. „,.......

Roielle—Building and Loan

Sammlt—Baildiogand Loan...

WeBtfleld—Building and Loan..

PlainffeJd— Building and Loan..Home..

»t5,36fi 189,880 $66,670

10,08*

11690

9,465&02

66,1563,0iO

M.71766514

85,000 30,000

| $2,300

80,000 37,500

4,000 4,1

16,924

BEOBIPTB DFBIHGYEAH.

n

DIBBtntSXUSKTB DTJBINQ THIS TSAB.

W.6I6 1137,616 »35,iaO * 16,109 »1S8,8M

7,900 6,70016,600 JM.IOO

t,875j

3,800

ess! 2,308

s,ooo'4,000 4,000

... .. 16,000 6,0006.84S, 61.600; 60,100

" " " ' 600 800

66,133 30,948

19,549 16,373

14,564: 14,518 .

47,467 14,638

42,448 27.96453,934, 40,39728,926!P6,778,10,171

6,000

3,800

61,609

16,149

18,493

800 46,968

36,06848,393

•

1_!_139,961

11,713

9,735

12,800

18,706

33,16935,360

+-

•81

3

$13,046

9,446

3,704

110

4,641

10,77433,166

OUBBBNT*<>FF1OB XXFXN8K8.

AMOITKT OF BALABIXB.

10,17177.681

3,46510,8803,890 28,896 13,800,8,880 96,236 64,880

7,967 7,331

1,4368,879

7,967 7,331 wa13,725 104,482 65,988| 36,178

27463 17416 9014

4G» ._572 116,247' __, __ _. .. ._ . , . . _ ,

2,89d 87,694 22.860 27,463 17,416 9,014l<860 115,098 94,706 16,490 116,111. 65,089 66.184

(M7 216,407 143,535 10,900 316,839 82,700 17,3477,203 111,922 48.685 8,250 116.070 45,076 11,642

. . . ' . . . I 3,619 1,824' 610 3,478 •*-""•45,075

813,

813

861

739

190725348

1,082345'774'989694

11 .

300

540

86^645* 6 0

62306718475667

• 5 5 0 * 3 0 0 tfO1 966

, i 808*

826! 225 100 367(

BOO * | ( 2 6 8

169: 169 369

150

300334

100500175400850337

60 370

240 371200 373

&6 273126 27460 275

125 276100 277212, 378186 379150, 380! 281

•Indusiro or dues paid in advance and amount owing on cancelled stock, but exclusive of money undelivered to borrowers and unearned premiums. t Including withdrawn,forfeited (lapsed), redeemed, matured. t Partl7 on account of previous years* borrowings. § Not reported.

TABLE 2.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY-GENERALSTATISTIOS-Continued.

LOCATION AND NAVE OFASSOCIATION.

WARREN COUNTY.

Pbillipiburg—No. 4..1 N0.6..T

17 May lit, 1893..11 June 1st, IMS..

TOTAL NUMISEB OF

5

1,74ft89#

066' 345166

$100,71173,195

$76,77653,928 19,265 383

* For fiscal auoclational year. All data above a re for this period, except when otherwise noted. Thla date, where the association has not been a year in operation, refers to timeof statement to Bureau.

C/0-OPEBATIVB BCILDING AND LOAN ASSOCIATIONS. 3 2 3

CO to bO t-» © CO <D

M \ MS.

a^v ao sonsnvig

TABLE 3.—BUILDING- AND LOAN ASSOCIATIONS OF NEW JBRSEY-OF ASSETS—Continued.

-INVESTMENT

10111213

LOCATION AND NAMB OFASSOCIATION.

ATLANTIC COUNTY.

Atlantic City—Loan and Building...,,..MutualPeople's

Egg Harbor—Building and LoanHam m on ton—Loan and Building

Workingmen'aMays Landing—Building and Loan....Pleasantville—Mutual

BERGEN COUNTY.

Allendale—Orville Co-operative .99% Bogota—Building and Loan .Carlstadt—MutuaL

C l r — H a r r i n g t o n .Englewood—Mutual .

12 6 Fair Lawn—Saddle Rirer.Hackeneack—Mutual..

ARREARAGES.

•H45

83

30014

208104

AGGREGATE LOANS TO OHK STOCKHOLDERDTTRINO YEAR.

$58211321

150,9,091,20,7641

328 i

$3,5004,0001,8002,00020001,600

820

2,000

98004002001001802001001

200

240'10

354

342

2,0004,0005,000800

3,800

3,000800200

«1,833

667607700

1,000

1,5002,0331,560

STOCK (BOOK).

LOANS TOOTHEB8 THAU

SHAREHOLDERS.

ae

I8o

ooo

W

W

U

$400

6,0002,000

1,650

250

500

500!

$30 $168No

2522

504310

NoNoNoNoNoNoNo

>GOCDo

25 160

NoNoNoNoNoNoNo

II1212J413

• Not reported. f Inclusive of interest and premium*

2§9»

W » W M O <6 »

it5?

fp °Itlf So 3

? i Bs j« : : • • • : o

MBffB]

3 s © p o p o fl

I ?!i i l l ?

oc «J O> 4n tfo. W t o t-J

Ifiilfil• g'«5 B 7 ? • ^

^Sj z§\ i s 5

i &! £?i i I 8

I f i i i i i i 3! i i ! i i i i

I l i l l l N: : ; : : —f-

Mi I*xM: : : <©: o : •

: i : : : i i :

M 11 M ! I

Office number.

Number.

Amount.

ses^sS^

cso>ojO'0>o>aid»

3 B B B j

ai> j« 3i S —

3 BB

O i O » - i O O i n (

: «p : a>: : o o

oo -4 o> (yi rf». w to h-

Losses.

Money loaned or sent out ofState ?

Radius of distance (mileb)during year.

Hi0^5

Annual interest rate during year(per cent.)

Highest.

Lowest.

Average.

*-

Premium plan.

Rebates on repayment of loanbefore due ?

Office number.

03

.so sonsixvxg 9S8

TABLE 3— BUILDING- AND LOAN ASSOCIATIONS OF NBW JERSEY—INVESTMENTOF ASSETS—Continued.


BERGEN COUNTY—CONTINUED.

1Z)4 Fort Lee—Building and Loan14 Banbrouck Heights—Building and Loan..HV£ Hillside—Progressive

Lodi—Building and Loan,..Midland Park— Franklin ,....«Oradell—Bergei County......Park Ridge—Eureka

Washington Township........Rams^ye—Building and LoanRldgefield—Building and LoanRidgewood—Building and Loan

Co-operative ...Rutheriord—Mutual

BURLINGTON COUNTY.

Beverly—Building and LoanBordentown—Building and Loan..

INVESTMENT OF ABBKTi.

IS

aat

"^

book

M

Sto

c

i0

O9

9

Rea

l

$3,125 $4,709 $4,20028,567 29,097! 28,5001,100 l,100j

6.254! 4,00011227 12,456f 12 400;.98,448 116,830| 112,700.16.045 16,565 15,050 .3,723 4.289 3 UO0 .

14,479 24,272 24,06960,298 66,790 61,600

108.610 114 959 1118859,535 18,856 17.800

120,020! 120,336 98,117

59,773 64,874 41.60036,540 36,640 35,080)

* Inclusive of arrearages in most associations. f Not reported.

82,6601,615

41914,300

1,150690

2621,100

$1,000

4,200

413,6641,422

39119

1,791934335

6,746

1,46234

o

$20345

22315

46693

250184739625302

1,114

16,462836

ABEEA.RAGE8.

$20298

$20103

22315'38193I

12215

22449

117

525248i132

791199

2766364

$103

215147

1617

20

2324

td

oJz!

GO

to

!s

TABLE 3.— BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—INVESTMENTOF ASSETS—Continued.

LOCATION AND N A M E OPASSOCIATION. ^

AEJLKA&AGES.

m

I1

AGGREGATE LOANS TO ONE STOCKHOLDERDTTRING YEAR.

STOCK (BOOK).

eat.

ff

$2,0003,000

1,6001,4003,0002,000

6004,0002,2003,0002,6003,800

2,0003,000

taCD

$1,0001,000

1,000800600460600600200

1,000200100

200100

LOANS TOOTHEBS THAN

SHAREHOLDERS,

COtooo

003

t iCO

H

JWo

161718192021222324

B E R G E N COUNTY—COHTIKTJID.

Fort Lee—Bui ld ing and Loan. . . . .Haebrouck Beighta—Building mnd hoBn,,Hilltide—ProgressiTe ~..Lodi—Building and LoanMidland Park—Franklin... .......OradelI— Bergen County

; Park Ridge— Eureka! Washington T-wnship ^| Raraaeys—Building and LoanRidsjefield—Building and Loan....MRidgewood—Building and Loan.. „....„..

Co-operativeI Rutherford—Mutual...

$42 160

*"<i6

$15

8555

20026

$1,4001,871].. N o

1 .

l i20'

BURLINGTON COUNTY.

25 I BeTerly—Building and Loan26 i Bordeatown—Bui ld ing and Loan 30| „

175E32250

116

1,333 .1,150].1,700 .

'6001!1,593 .

8721,7641,0221,459

950652

S700 $30850 i 30300 15

l t200, 50

S154269115290

600150 J

10050

NoNoNoNoNoNoNoNoNoNo

200 Yes941 Yes

$5,021500

8*161718192021222324

25

e

* Not reported.

a

a?

11

S3a.a>

|7

5*

I«s

—tot*

- ao

f

Ei i l l

: : :

ill

i gf: B!B!2 « P

: :

\\ i i ! i::::::::::::::::::

tO vi * Q O N M * W M

? ? 5.?"

0OC£QD N> IS33

Office number.

Amount.

Losses.

Money loaned or sent out ofState ?

Radius of distance (mileb)during year.


Highest.

Lowest.

Average.

tPremium plan.


Office number.

CO

i.

I

H8. o

658 •SKOIIVIDOSSV <mv

g 5*5"8 - 2 o o o 2 L S

s=5«iis*

5*I

gllgi! 11:-«

! Sj | f ? | :• : : Si g: ! o: g: : : i: : : : : P : i S : d • : : :: i : : : : ! ; ? • : • i \ I

i i ! i i i i i i ! ! ! ! M: : i : : : t : : : : : : i ii i i : : .' ii : I : 5 : ! i :

H i I i ! ! i i l i i i i i

3

iTotal net worth (net assets).

2, » at S S p. jth 5 J5 ]S Sf <i 2j oo S to

II i i Sii

o» to So: w 2? oo -J c

O) Cft C* rf

; :: : : : : ^:S i : : 5 i>y':: • • £2 3? o : I OJ 10 to to M OO : _

Total grosi resources.

Bond and mortgage.

Stock (book) loans.

Real estate owned.

Cash on hand.

Other assets.*

Total.

Dues.

Interest.

Office number.

ao sonsixvxg

I

£CQ OQ0 3 OQ

H QOQ MaP OQ

CO

oes

TABLE 3.—BTJILDINCr AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOF ASSETS—Continued.

I

272829303132333435363738394041


BURLINGTON COUNTY—CONTINUED.

Burlinuton—CityFarmers' and Mechanics'

Delanco—Buifdiog and LoanFlorence—saving FundMoorestown—Building and Loan...

Workingmen'»Mount Holly—Building ftnd Loan..

IndustryPeople's „

New Gretna—Building and Loan....Palmyra—Building and LoanPemberton—-Building and LoanRiverside—Building and LoanRiverton— CinnaminsonTuekerfc- n—Mutual

$456

1418

12;

iob

$199331

17701113

$1 4004.00012 (XX),1

2,0003,0003,0003,0002,7007,8001,0001,000

10.3003,0004,000

600

* Also $15,870 on bond and mortgage to members without stock collateral. f Not reported.

ARREARAGES.

•S

2!390'.

22

1

AGGREGATE LOANS TO OMB STOCKHOLDER©TIRING YEAR.

1306562 |

$20050

3002008i)0

1,000100100100100IOO5003002<3O100

$60098ft

1,150750

18801,650

!1,105250'500|

2,3171 117

V

STOCK (BOOK).

$2,000

2001,000100600300

1,000

300900300

1,500t

$500 91,000

100,200!5060100100

150

78220

400

100 125350, 550

30025 320

LOANS TOOTHEBS THAN

SHAREHOLDERS.

YesYesNoYesNoNoNoNoYesNoNoNoNoNoNo

S

$8,475 27*9,35G' 28

...........j 293031323334

2,223 35363738394041

Q9o

H-4

wMfoM

•

OO

MO12!CO

CO

332 STATISTICS OV LABOR AND INDUSTRIES.

MGfqtnnn

i anp ejoj9qj no 89^«q»

<ca> • « • « 0 0 0 0 • o '

( %U

[trnaay

'ive£ Saunp

j CO <N <N < * <O

a ss s s

9 i-» O © l> CO +

pea*oi

'898801

a

Ijo o o i o o o o o o o c o o o c ®

i i i i i I l i i i i i i i ! ss: : : : ; ;\tF> : : : : : I i '. xiai

i i i i i l i i i i i - t i i .a: : : : : : : - : : : ' : : : £ ^

I I ! M I I I ! ! M M | g

: ai l l ! ! ! 5

ilij5 .ti3 903 I

IS IS5 l f I f Ifat

m 1

rod

.Is,

5


t£ [toxics !Gi

* s s a i f i f s i i l f f i I l l s: : ! : M : : : : : . ' : ; : 2 -*: ! : : • : : ! j : : : : : t :

Io

TABLE 3.—BUILDINa AND LOAN ASSOOIATIONS OP NEW JERSEY—INVESTMENTOF ASSETS—Oontinued.


ARREARAGES.AGGREGATE LOANS TO ONE STOCKHOLDER

DTTRINd YEAR.

MORTGAGE.

s

STOCK (BOOK).

LOANS TOOTHEBS THAW

SHAREHOLDERS.

COCO

sr1

wo

424344454647

48^

50515253545556575859

CAM D E N COUNTY.

Cam den City—Artisans'..Bishop BayleyBrotherhoodCamden..CityECOD omy_Eastern UnionExcelt-iorF»anklinGerman Centennial...Guarantee. .,Homestead ,Mechanics'MutualMatual Guarantee ....Norn Camden....People**.. „ „..Provident-Soath Ward

8173 594

92

270

10288

701

$5231,040

52359190206

15269371

1,2551729

204182

4,915311600

52iuol

$3,8004,«>00

7753,0004000

18,7002,c>004,5005,5003,0002,7003,5003,6005,00017,2001

14,400]

4,O00|4,000|2,000!

$100100100

1,00020010050020010020020010010010020050200200100

$1,300551•880894

2 3001950*1,086900967

*1045850

1,1181500|1.4001.338

$2,000 $100,1,000 50200| 12

3,5001 1001,500 501,000

600400300

1,000200

2001,800

300

'""400

200

50100

50100100

$400241

406466

NoNoNo

fYesNo.

SI 650

NoNo

175 No

JNo 118,7001

200150

1,120133

128250250

No

NoNoYesNoYeaNoNoNo

20,517

4344454647

49505152535455565768

•Not reported. f in eonneetion with wile of property. J Only ainking fund, at 6 per c«nt. call loans.

TABLE 3.—BUILDING AND LOAN ASSOCIATIONS OP NEW JEBSBY—INVESTMENTOP ASSETS—Continued.

Off

ice

num

ber.

424344454647

4849505152 ,53546566575859


CAMDEN COUNTY.

Camden Citv—Artisans' .. ... . . . . . . . ....Binhop Bay ley

City . ".

Esiftfrn Union.. .... ..................

Franklin ....

Guarantee .. . . . . . . .

MutualMutual Guarantee . .North Camden . . .People's

South Ward ....

SECURITIES INDErACLT AND LOSSES

DUB1NG YEA1.

113

41

9

1

2A

mou

nt.

$6002,600

21002,000

Los

ses.

3,100 £500

1 600-**4000

2,700

PLACJJVO OFLOANS.

Mon

ey l

oane

d or

sen

t ou

t of

Stat

e ?

fYesNoNoNoNoNoYesNo

NoNoNoNoNoYesNoNoNoY e s

Rad

ius

of d

ista

nce

(mil

es)

duri

ng y

ear.

12JCo.+ 8tCo.

10090

354

1004

1057

10400

i 8 •10106

uOS

Ann

ual

inte

rest

rat

e du

ring

ye

(per

cen

t.)

6666666666666666666

PBEVH7M AAfrB B lP I>VR1XQTEAR (PER CKMT ) *

Hig

hest

.

.16m16.7512

155m3

.15m

.34mI

1076.50.13m

12.5010.50

.375m

.125 m

.13ra

.15m

.125m

Low

est.

.126m6.25

.025m

.50

.125m

.34m§

16.3

.50

.025m25

.375m

.125m

.05m

.10mPar.

Ave

rage

.

.13m9.75

g,055m

1.50.126m.34mI

3.756313

.075m8 257.10

.375m

.125m

.125m. I

Prem

ium

pla

n.

Mo.Gr.

JGr.Mo.Gr.

Mo.Mo.Mo.Gr.Gr.Gr.

Mo.Gr.Gr.

! Mo.Mo.Mo.Mo.Mo.

Reb

ates

on

repa

ymen

t of

loan

befo

re d

ue ?

YesYes

No

NoYesYea

YesYes

Offi

ce n

umbe

r.

4243444546474 7 ^484950515253545556675859

©1

• Whpn not otherwise noted, these notesl d l h i X Withi t g N tPhiladelphia. ,

X Within county.otes are gross (Gr.), deducted in advance; m, monthly installment; w, weekly. t RgNot reported. | Also monthly installments. % Within oity. **Embe8zlement.

t Rarely; only $1,200 in

1 1izj0

o

3oo((1oas

00Ox

iff l l r iwmii\-2 .O .E* o o n 5*1;

g ft\?i Igi SSsrBjs

i

* • CO K)

5 : i t S Pi5 ; !

1 i i I M i ! i 1

S^S

Office number.

Total set worth (net aaseti).

Total groif resources.

Bond and mortgage.

Mill» I j • j MI ?

; : : : : :

l M i l !

M * W W O) h^00 • J to cr co ^1 t

Stock (book) loans.

Real estate owned.

Cain on hand.

Other assets.*

Total.

Dues.

Interest.

Office number.

ajsrv HOSVI &o sonsixvxg

1

f

d 02

w

OQ

968

TABLE 3.—BUILDING- AND LOAN ASSOCIATIONS OP NEW JERSEY—INVESTMENTOF ASSETS—Oontinued.

!

I


ARREARAGES.

I

i

I

AGtiREOA-TK LOAMS TQ OH* STOCKHOLDERDT7RINO TEAE.

STOCK (BOOK).

LOANS TO0THEB8 THAH

8HJL&EHOLVKBS.

is

oIIS

a

6061

6465666768697071

7273

CAMDEN COUNTY—COHTIKTJED.

Camden City—State MutualStocktonBerlin—Building and Loan...CheBilhurnt—Building and Loan.......Clementon—Building and LoanCollingswood—MutualGloucester City—-Improvement. ,

United Mutual,HaddoBfield— MutualLinden wold—Unite d Towns ....„Magnolia—MutualMerchantyille—Building and Loan..

$4021

52|

14}106|

69

CAPE MAY COUNTY.

Avalon City—Building and Loan ....Cape May City—Saving Fund

74 'Cape May 0. H.—Mechanics'...

$18,1302053

*1030

367cS42942

382,538

11546

280

$10,0002,6001,100

2601,2001,1001,2001,6005,0002 6002,0T09,200

2,0009,0004,000

$10010010050

600100400200200100200200

200100300

1,238655

8601.600

7131,4161,30011,070 •2,000

$400100400200

$2510020060

1001,000

100200

100800

NoNoNoNoNo

3,500400276

1,000

212

so;10050

200

100

"'20

517aso106400

NoNoNoYesNoNo

Yes

NoNoYes

$24,088

12,930

636466666768697071

727374

o

00oo

o585

CC* Not reported.

TABLE 3.—BUILDING AND IiOAN ASSOCIATIONS OP NEW JERSEY—INVESTMENTOP ASSETS—Continued. oo

WH

CO

wo

1

SECURITIES INDIFAULT AND LO8SE6

DURING YEAB.


PUCISO OFLOANS.

S3i*

is

TEAB {PEE CMT )*

697071

CAMDEN COUNT7—C

Camden City—State MutualStockton „,.

Berlin—Building and LoanChesilhur^t— Building and Loan.,.,..Clement o—HuiidinR and LoanCollingswood—Mutual »Gloucester City—{mprorement.......

United Mutaml *Haddoofiwid—Mntu *]..„.,..,»Liodenwold—United Town*Magnolia—MutaalMerehantvitle—Building and Loan..

1 $8002 3,000

2,600

CAPE MAT COUNTY.

72 lATalon City—Building and Loan73 SCape May Oity—Saving Fund«74 iCape May C. H.—Mechanics.

NoNoNoNoNoNoNoNoNoNoNoNo

400 YesNo

£233 No

601052

10

10|Co.

f

.25m

.15m23

.20m

.llftm

.23m14.608

.075 m

.29m

.155m

.275m

t61

.25m

.10m10

.05m

.105m

.13m42.20

.005 m

.165m

.025mPar.

ft1

.25m

.12m10.5

tf

.215m7.834

.028m

.225m

.08m

.125m

ft1

Mo.Mo.Gr.Mo.Mo.Mo.Gr.Gr.Mo.Mo.Mo.Mo.

Mo.Gr.Gr.

NoNo

606162636465

727374

! 3I oa

* When not otherwise noted, these rates are gross (Gr.> deducted in advance; m, monthly installment; to, weekly. t Not reported.| Depreciation of real estate. \ Within city, town or village. I County.

I s

I *

KT.

8

Office number.

I

<Q ""J i— -J Q C

&

I,

IS15SI

00 00 00 00 OD OO 00O» * . CO t * I-1 •— O

Total net worth (net assets).

Total gross resources.

i Bond and mortgage.

i»

ISssSS

Stock (book) loans.

Real estate owned.

Cash on hand.

Other assets.*

Total.

Dues.

Interest.

Office number.

•GQCO

a as

r

ggg 'SKOixvioossy JSVCKJ a&v

TABLE 3.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—INVESTMENTOF ASSETS—Continued.

CO

o

7576777879

8081VV828485


CAPS MAT COUNTY—CONTINUED.Deunisville—Loan and Building......Ocean City—Building and LoanSea Isle City—Building and Loan ....South Seariile—Loan and Building .Tuckahoe—Building and Loan..

CUMBERLAND COUNTY.Bridge ton—Merchants'..

Saving FundMiilville—Columbian

HopeInstituteSecurity

Vineland—Mechanics'.

AR&IA.&AQES.

$12.133

14=.111,.

144!..2'

349,

AGGBEG4TE LOANS TO ONK STOCKHOLDERDURING YEAR.

$6531

46130

612|

$6001,000800

1,4001,000

2,1009,0002,2001,6001,6001,5002,200

I

$100400100200

1002003005050

100200

STOCK (BOOK).

1321600

639543

600

1,000

529

800

8200541

$4020

400!200'30040O!

50501005025

«94

50

133

LOANS TOOTHEHS THAN

SHAREHOLDERS.

•3s

NoNoNoNoNo

NoNoNoNoNoNo

•Not reported.

B•<

7576777879

81

828384

501 Yes J S5

!Wo

dw

sCQ

TABLE 3.—BUTLDINGr AND LOAN ASSOCIATIONS OP NEW JERSEY—INVBSTMBNTOF ASSETS—Continued.

s§


SECUBITIES INDEFAULT AND LOSSES

CUBING TEAS.

a

PLACING OFLOAMS.

nT3 $

c to i !

PREMIUM BATES Bill DUHINQVEAB (PER CJEMT ) *

"29XtK)W

105

t2.507.50

.40m2.75.40m.735m.351 m.35m.15m

rest

.

3

105

t.505.26

.025m

.125

. l l tn

.08m

.105m

.105m

.055m

rage

.

4>>•

-<

105

t1.506.13

.225mt .21mt

.201mt.06m

m <D

ooI

3

Mtr1

s•as

«?}

roohisot

4

7576777879

808181 Jtf82838485

DenniBville—Loan and BuildingOcean City—Building and LoanSea Isle City—Building and Loan ....South Searille—Loan and Building..Tuckahoe— Building and Loan ....

CAPE MAY COUNTY— COHTISWBD.

CUMBERLAND COUNTY.

Bridgeton—Merchants'....Saving Fund

Millvi)le—ColumbianHopeInstituteSecurity

Vineland—Mechanics'

83,700 $11292

NoNoNoNoNo

NoNoNoNoNoNoNo

K 65 I 66 67 6

Gr.Gr.

Mo.Gr.

Yes

6

1Cg

YesNo

Mo.|Gr. No.

MoJMo.iMo. ..........MoMo

7576777879

80818182838485

* When not otherwise noted, theee rates are grois (Gr.), deducted io adrance; m, meaning monthly installment; w, weekly,loans. IWithincity

fNot reported. tOo

TABLE 3.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—INVBSTMBNTOP ASSETS—Continued.

CO

to

J8S38

mo


ES8EX COUNTY.

86 Belleville—Building and Loan87 Home88 BloornfieId—Building and Loan89 Essex County.90 Caldwell—Building and Loan91 East Orange—Building and Loan...92 Franklin—Building and Loan.........93 Irvington—Building and Lân.......94 Montclair—Building and Loan95 Orange—Building and Loan...........96 Orange Valley—Building and Loan97 South Orange—Building and Loan..

Vailsbur*—Building and LoanNewark—iEtna... „....,

Beneficial100 Casino101 ^Central M102 Chosen Friends'103 Citizens'..... ^ . ,

192,79716811181,350

203,2688,462

184,554115,689

54 602253,153!105.69769,24035,47720,58728,5754236

20,55221,83664,87124,750

I197,204

17,81988,751

210,1768,462

196,006122.91359,050

265 939105,82371,55436,28424,80838,104

6.03925 115)72,21480,99031,620!

s

993,60016,70085,329

200,2005,750

177,662118,97550,250

241,55596,57868,40030,80023.150JS6,2OO

4.600124,52559,0357Of67O29,400

2

$1,605

1,6455,280

13,5732,2204,952

16,3073,1401,0942,415

450|8;-o

$2,948

3,123

1,600

225150 .

1,866 .1,955 .

$1,297631

1,250116

2,3681,859

2162,9057,2721,4041,258

466321

971,346

1939,1212,115

$7024885'27

1,632344

2,9121,502

943805

1,578802

1,003887977

93172

3,9096,839

165

$302233431

1,358102

2,912896803293

1.286802

1,00370975393

1723,7584,784=

1501

$156207163185100

1,669500451235625519558538270909421

4,231111

$1394

1091,122

21,24339631246602135374121452

543,73715039

868788899091929394959697989999100101102103

00

wo

CO

H

* Inclasire of arrearages in most associations.

TABLE 3.— BUILDING- AND LOAN ASSOCIATIONS OF NEW JEBSBY—INVES^MBNTOF ASSETS—Continued.

8091929394959697989999H

100301102103


ESSEX COUNTY.

Bei I eTi lie—Building and Loan.........Home M

Bloomfisld—Building and Loan ...K880Z County „„.

Cafdwelf—Building and LoanEast Orange—building and Loan....,Franklin—Building and LoanIrvington—Building and LoanMontclair— Building and! LoanOrange—Building *nd LoanOrange Valley—Building and Loan..South Orange—Building and Loan...Vaiisbur*—building and LoanNewark—iEtna .„...

BeneficialCasinoCentral ....,"!!....!!.,.Chosen Friends' „Citisens' *

A BREAKAGES.

15951

$133

52437

506215

2029173

7062010

451

3,16315

AGGBEQATE LOANS TO ONI STOCKHOLDERPTTRING YEAB.

$3,6002,6007,0005,0003,200

12,0005,2002 400

1V.00O5,0005,000|36O0

4,6002,50014,000

1600300

1,50050020020060

2,400100200

1.700l»200

1.4002.1001,000

1,000800

$1,320925

3,2751,676

7173,4841,7002,4002,7162,0603.0002,250

2,4272,3002,000

3,1002,900

STOCK (BOOK).

$300

1,100

2,000600300

1,800400!300600

* !160

200

"46b

25• 25

225

6010050

$175

339

265285

59

LOANS TOOTHEB8 THAW

SHAREHOLDERS.

YesYesNoNoYesNoNoYesNoYesNoYeaNoNoN

113 YA ID 1 o«

132 No1851 No

$1,700

29,935

I

§

8687838990919293949596979899

101102103

ao

w

•Not reported. fin New JerBcy.

tr1o

o

ao

O3

TABLE 3.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOP ASSETS—Continued.

1£3

Off

ic


8ECUBITIE8 INDEFAULT AMD LOSSES

DUBINQ TEAK.

PLACING OS-LOANS.

u

of d

ng y

e

3-8

al i

nte

rece

nt)

PREMIUM RATES BID DURINGYEAB (PEB CEHT ) *

a

IIu1 J

COH

H

tWO

ESSEX COUNTY.

8687888990919293949596979899 ,

100101102103

Belleville—Building and Loan...Home ,

Bloomfield—Building and LoanEssex Coanty

Caldwell—Building and Loan..... .........j East Orange—Building and LoanFranklin—Building and Loan ,Irrington—Building and LoanMontclair—Building and LoanOrange—Building and LoanOrange Valley—Building and Loan{South Orange— Building and Loan|Vail.«-burg—Building and Loan......... f[Newark—JEtna.. «

BeneficialCasinoCentra! , 1Cho en Friends*Citisens' „ ...

$6,000

NoNoNoNoNoNoNoNoNoNoNoNoNoNoNoNoNoYesNo

5

1t

10.3

U.S.|C.

J«, '

4 755.254.25350

12.501035.5073 754.50

3.053m4

55.50

.25

.50

2.754.502.50121.754t.03 OQ

3

54

1.664.253.502t

2152.83.762.604.13

2 25

350t

54.10

Gr.Gr.Gr.Gr.Gr.Gr.Gr.Gr.Gr.|

Gr. Int.1Gr. Int.|

Gr.iGr.

Mo.Gr.GrlGr.Gr

NoYesNoNoNo$YesNoNoNoNoNoNoNoNo

NoNoNoNo

8687888990919293949596979899

100"101102103

* When not otherwise noted, these rates are gross (Gr.), deducted in advance; m, monthly installment; w, weekly,principal each quarter, interest-reducing plan. £In Ticinity. | Within city. f To members, 6; to outsiders, 5,

t Not reported. JRebate of

TABLE 3.—BUILDING- AND LOAN ASSOCIATIONS OP NEW JERSEY-INVESTMENTOP ASSETS—Continued.

10314104105106107108109110111112113

iff*116116117118119120

LOCATION AND NAME OFASSOCIATION,

ESSEX COUNTY—OONTIIIUBD.

Court HouseEighth WardEnterpriseExcelsior ...FiresideFourteenth Ward...First ItalianFraternalGermanGrandHearthstone ,ImprovedHomeHowardKnights of PythiasLincolnMechanics'MercerModern..

$2,328312.680306,067126,170122,078483 580

14,077120,794226,214

14 56059,646

4,842210,494316,795190,669113,003128,078

61,9729.859

* IaclusiT© of arrearages in most aisooiations, f Not reported.

"S3

I

INVESTMENT OF AS8CT1.

$2,328

30«,160137,35412-<,4495O0,«52!

23,700 !120,819 i226,334 f

16,105 I75,2957,6001

215,923317 977213,632125,792141,796

68,31713,424

$302 550272.550129,790

' 122,650460,650

18,900112 650190,30015,20062,7607.600

203,750307,771201.4-20117.050128,90064 65012,800

©

I

87,82331,4402,9692,490

2.1,888253

4,55015,379

801,922

I

$1,54541412,1538 250

I3

3o

450 i

$21,055 $2,2021,021 1,604

449564

4,47013

2,360)19 931

5,566 4,275

9 2108,4307 503|7,936lO,48h2,785 i316 j

1,282 87

3,27455871217

4,534909725199782

1,6941,7761435£48

2,837665 i216

ABRFARAGFS.

1,4791,5441,028

48i2.11254580

TABLE 3.—BUILDING- AND LOAN ASSOOIATIONS OP NEW JERSEY—INVESTMENTOP ASSETS—Continued.

CO


ARREARAGES.

\

GGBEGATE LOANS TO OWE STOCKHOLDERDURING YEAR.

STOCK (BOOK).

LOANS TOOTHEBS THAW

SHAREHOLDERS.

2

m©

1CD

ver

<

CD

"SB

IIaotr1

i

IS

E38EX COUNTY—COSTJLHUID-

104105106107

109110111112113

$402'2504

150452

j.

115116117118119120

[ewarfe—Court Home - ... ,Eighth Ward _EnterpriseExcelsior. ,FiresideFourteenth Ward «.^......First Italian »....„.....Fraternal........ • 83German ...| 4Grand« ............. 51Hearthstone.... - S fImproyed... .«. iHome .... 1 31Howard ......~.....................~.v 94Knights of Pythias "... ! 54Lincoln 4Mechanics'... „ ! —Mercer . . . . . . .....i 71Modern 1 7

4986339

103

10157123189115I

f$10,000

5,0009,000

15,0008,0001,00046004.00020005,5004,(10070005,0005,0006,000

11,0008,5003,200

$2,9571,6092,0006 9252,185

$5762,0001,000

4601,200

400550

2000;50'

250i

$5050

20025|25!

$206475400153180

_„, 13520 206253050!

50040

150

4001,000,2,300 I

t400,475;225

126246164t

243108

NoNoNoNoNoNoNoYesNoNoNoYesNoNoYesNoNoNoNo

104105106107108109110111112113

114115116117118119120

fNot reported.

TABLE 3.—BUILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—INVESTMENTOP ASSETS—Continued.

Of&

ce n

um

ber

.

103%104^105106107108109110111112113113%114116116117118119120


ES8EX COUNTY—CONTINUED.

Newark—Court BouseEighth Ward

J^xc-lsior... .., * » .FiresideFourteenth Ward-First Italian „.,.

Grand

HowardKnights of Pythias

Mechanics*

Modern

SECURITIES INDEFAULT AND LOSSES

DUBINti YEAR.

Nu

mb

er.

1

iA

mou

nt.

1 200

2 000

Los

ses.

*

LOANS.

©

0

a

JLII

NoNoNoNoNoNoNoNoNoNoNoNoNoNoNoNoNoNoNo

I©oo

•3 ©c usIC P3 7<

K

15tCo.

2JCo.

5tc.53

+Co.jCo

1

606f

go.Ic.too.

Ann

ual

inte

rest

rat

e d

uri

ng

ye(p

er c

ent)

6ft66666656

6666655

YEAK (PEK CJLMt ) *

Hig

hes

t.

28742552.504.5054.2643 502.502 503 765.13325381.756

Low

est.

.25132

1.50t

1.753.503.5022.50

.2511.753

6.504.752.50

Ave

rage

.

1.382.324.50

2 50f

2 38f

3.502 302.502 252.622.85f•f

4 754 50

Pre

miu

m p

lan

.

Gr.GrGr.Gr.GrGr.Gr .Gr.Or.Gr.GrOr .GrGr .Gr.Gr.Gr.GrGr.

Reb

ates

on

rep

aym

ent

of l

oan

befo

re d

ue ?

NoNoNoNoNoNoYesNoNoNoNoNoNoNoNoNoNoNoNo

Off

ice

nu

mb

er.

103^104105106107108109110111112113113U114116116117US119120

oo

i

GQ

§I—1

H

O

GQ

09

* Whein T>ot otherwise noted, these rates are gross (Gr.), deducted in advance; m, monthly installment; u>, weekly.I Within city.

fNot reported, t Within county.

TABLE 3.—BTJUJDING AND LOAN ASSOCIATIONS OP NBW JERSEY—INVESTMENTOP ASSETS—Continued

COOrO

Off

ice

nu

mb

er.

121

12*123124125126127128129130131132133134135136137138


ESSEX COUNTY—COKTIBUED.

Newark—MutualMutual Land and HomeNewark.. ,

NorfolkNorth End. . „Northwestern ~...i .. .««Passaio . .PhoenixProtectionPrudential.Reliable

Saving?SecuritySeventh WardState.. . .StandardTenth Ward-

SECURITIES INDEFAULT AND LOSSES

HVaiHG TEA B.

Nu

mb

er.

1

Am

oun

t.

I

11i

!

1.

$3,000

i

PLACING 0 *LOANS.

Mon

ey l

oan

ed o

r «e

nt

out

ofS

tate

?

NoNoNoNoNoNoNo

1 NoN o

$23 Nn

1

NoNoNo

1 No* No

NoNoNo

Rad

ius

of d

ista

ooe

(mil

es)

du

rin

g ye

ar.

14

3JCo.JOo.10.

fC.64453.52

+Co.

f-G.

An

nu

al i

nte

rest

rat

e d

uri

ng

year

(per

cen

t)

6

666

e" *Gf>6

65

6

6

PREMIUM BATES BID DC RINGYEAR (PEB. CS.ST ) *

Hig

hes

t.

6

233

4.95253 75

.125.50

11.373.503

3 13353

Low

est.

.753

i1 50

Ave

rage

.

3 60

1 90I3

L3

3.509,.12 12

2 3.751 50 ^1.132 25o

2J.31

1.742.80

2752.67

Pre

miu

m p

lan

.

Gr.

Gr.Gr.Gr.

Int PrmGr.Gr.Gr.Gr.Gr.Gr.Gr.Gr.Gr.Gr.Gr.Gr.Gr.

c<

c

i

:

c

bef

ore

due

?

No

NoYeeNo

«oNoNoNoNoNoISoNoNoNoNoNo

Off

ice

nu

mb

er.

121121'JU122123124125126

128

130131

T O O

134135

137138

WH

Q

o

wo

* When not otherwise noted, these rates are gross (Gr.), deducted in advance; m, monthly installment; wt weekly, t This is a homestead association, the land boughtto be divided. £ Essex county. § Not reported. f Wit Ma city.

ng o

£§»§£§

o

p

O

o

i sl H-00 4»> O) O h-1

Ci to cs> -4 63 to -

Office number.

5

Total set worth (net assets).


Bond and mortgage.

Ct pi to i-» C. >K a

Oil-'W Cici — & cn 55 »^ SCi Cn Pi S O M

O• >&» O O O O

Stock (book) loans.

Real estate owned.

Cash on hand.

Other assets.*

Total.

Dues.

interest.

Office number.

CO

i

0 02

h

<

TABLE 3.—BUILDING- AND LOAN ASSOCIATIONS OP NEW JERSEY—INVESTMENTOF ASSETS—Continued.


B

AGGREGATE LOAMS TO ONE STOCKHOLDERDTTBINO YEAR..

STOCK (BOOK.).

LOANS TOOTHEBS THAW

SHABEHOLDEBS.

S

139140141142143144145146

147148149150151152153


Newark—Teuton iaThirteenth Ward..UnionUptownWashingtonWest EndWoodsideWorkingmen'8

$12 $30950

25l|.

$1,9007,6007,6004,0004,5005,0005,4004,200

GLOUCESTER COUNTY.

layton—Building 40 .Q a<*aboro—Loan and Buildings. 29 .Mulhea Htll—Baildmg and Loan 36Paalshoro—Loan and Haildin? 3

des boro—Loan and Building , , 74 .WHIiamatown—Monroe , .Woodbary—Real Estate 290,, 2.900

1.5005,000

soo:i.oooj1.2001,4001

10,600!

SlÔO1,0001,000

800300200300200

100200100400200100150

$1,425

3,5002/1252 1002.3922,3901,440

600870317700400580

1,380,

$200!350500

42•500!400

1,000

500

350i

§251010J25

10025

$89

171

100

NoNoYea

36! No131 No168 Yes483 No148 Yes

139I 140! 141| 142i 143

$8,000 144t 145

400 146

300 No 147! Yea 11,210 148

1451 No 149! ' | No 1 150

350 25 200 Yes 2 050 151100 100; 100i No 152100 100] 100, N o i 153

fNot reported.

TABLE 3.-BUILDING AND LOAN ASSOCIATIONS Off NEW JBRSBY-INVBSTMfiNfOF ASSETS—Continued.

1


BRCUBIT1E8 INEFAULT AND LO88E8

BUBIMG YEA*.

PLACING OFLOAM 6.

"3 9

it

PREMIDW BATES BID DURINGTEAR (PEB, CKMT ) *

Qoo

139140141142143

144

145146

147148149160lol152153

ESSEX COUNTY-COHTIHUED.

Newark—Tentonia..,Thirteenth WardUnionUptown.WashingtonWest EndWoodsideWorkingnaenV

GLOUCESTER COUNTY.

Clayton—Build innGlassboro—Loan and BuildingMuUica Hill—Buildinjc and Lo*oPaulsboro—Loan and Building . . ..8wedegboro—Loan and BuildingWitiiamstown—Monroe .,Woodbury—Real Estate \" 'i\ 8400J

$2,2UU

NoNoNoNoNoNoNoNo

NoNoNoNoNoNoNo

fCo.35

10.to.105

ss

1042

.07525150

48425

113.50

.07m15.13

123502.504

03m06m

1.50

.50

2.50.053m

2.272

2.553.884.46

.031m

.052 m

L1.83

8a

.or»om10.07

Gr.Gr.Gr.Gr.Gr.

Mo.Gr.Gr

Gr.Gr.Gr.Gr.Gr.

Mo.Gr.

NoNoNoNoNo

NoNo

NoNoYesYesYesYes

139140141142143

145146

14T148149150151152153

• When not otherwise noted, these rates are gross (Gr.), deducted in advance ; m, meaning monthly installment; w. weekly. f Within county.X Within city. g The first figure refers to mortgage, and second to book loans. I Not reported. % Call loan*, 5 per cent.

CO

CO

TABLE 3.—BUILDING AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOF ASSETS—Continued.

C

154155156157158159160161162163164165166167168169170171172


HUDSON COUNTY.Arlington—Building and LOADi Equity ...; Kearay...IBavonne—Building

C i U|1 Pamrapo ;1 Harrison—Harrison and KearnyI People'sHoboken—building and Loan

[Town of Union—Building and Loan..West Hoboken—Palisade..

Bergen Mutual, No. 3Caledonian..-Carteret.Columbia....CommanipawCrescentEnterprise

INVESTMENT OF ASSETS.

,17,970

124,046!466,419'134,738!65,91567,1681

647,428334,812,12t,12825 275

Jersey City—Bergen Mutual, No. 2 158,122109 32887,81659,248

209,17315,25931477

126,346

$4,956)22,577

124,591499,275!145,667!96,23867,952

661,035406,617124,42831,296

159,143113.917.87,816!

116,467;223 830;26,95487,366

126,346

•85

©

o

3

ABBEABAGKB.

$4,62819,750; $2,008'

8604,270

119,762!472,000i136,600) 1,225 .91,329 J $*1463,700. 4001

618,700 9,700; 11,957379,000 7,480123,550

30,60094 2001 10 850]

108,800 2,700' l

82 813J 2,736'113,400 i 1,050186,600' 14,985! 12,263

24 800 355'84,600 1,185

120,100: 3,255!

$251714

2,79719,7466,0731,0202,710

15,20617,381

131311

4,649654|

2,137!l,136|

981,578

113961

mi1051

1,182]3,2691,7693,0751,1425,4722,7561

747'385;

49,445;1,7<«

130881 =

9,884'221

1,4682.030

$55;t '..

1,038,3,098.1,834!2,811!

8754,622i2,756!

747|385345

!

$51.

5011,685

8331,121 .

6842,5921,872

6311241!

931519 i

fi.760221 .

1,3061,230

506 j3,918

$4 154155

432' 1561,055 157

3z9 158! 159

16M 1601,7071 161

665! 16280i 163

133' 164252 165384 16H

, 167206 168

l£r# 160±n> ire7W 171

1,141| 172

GOH

9

H

Oto

* Inclusive of arrearages in most associations. £Not reported.

TABLE 3.—BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY-INVESTMENTOP ASSETS—Continued.


AttttlABAGES.

S

AQG&EQATE LOANS TO O«K STOCKHOL&ER©TIRING TEAR.

MORTGAGE. STOCK (BOOK).

| LOANS TO- ) OTHEJiS THAN

I SHAREHOLDERS.

Ia

9

ais

bd

o

H

1641551561671581591601C1162163164165166167168

170171172

HUDSON COUNTY.

Arlington—Building and LoanEquity :Kearny.

Bayoime— BuildingCeutrerillePatnrapo

Harrison—Harrison and KearnyPeople's

Hoboken—Building and LoanTown of Union—Building and LoanWeBt Hoboken—PalisadeJersey City—Bergen Mutual, No. 2

Bergen Mutual, No. 3CaledonianCarteretColumbiaCom muni pawCrencentEnterprise

f Not reported. JTp other associations,

810514742

3241173512

90!...

$212130

1,6911

$326128858

no65

197

$*,200J1,5501

10,000]10,4004,0005,400f3,0004,0006,000)3,5002,500

402

44'1484

192800

1,110

4,5001

4^00017,000

oo

$200400200200,400|600100100SCO200

1,600

800

<i002,8001,0001.00Q

$l,433i

1,425

1,8912,2801,8751,4003,190]1,6632,025!

7001

4003,0003,000'

40010075

t

1,9203.350.3,7402,000

3,500950]500

200|25

NoNoNoNoNoNo

40CI780'836

910413

21880,

NoNoYesNoYeB

JYes+Yes

NoNo

150

NoNoNoNq

$49,100860

155156Ift7158159160161162163164165166167168I6f>170171172

TABLE 3.—BTJELDlttG- AND LOAN ASSOCIATIONS OP NEW JERSEY—INVESTMENTOP ASSBTS—Continued.

SECURITIES ISDEFAULT ASV LOSSJE

DUB1NG YEAE.


PLACIKG OFLOAW8.

I!C OD

PREMIUM BATtS BID DURINGYEAE (PER O N T ) *

s

to

154155156157158169160161162163164165166167168169170171172

HUDSON COUNTY.

$2,80011,500

Arlington—Building and Loan....EquityKearny...

Bayonne— Build iug ~CentrtmllePamrapo *

Harrison—Harrison una Ke r yPeople's

Hoboken—Bunding ana LoanTown of Uniun—Building ana LOHQWest Hoboken— PalisadeJersey City—Bfcigen Mutuas, So. 2

Bergen Mutual, No. 3.....CaledonianCarterfctColumbiaCommuoipawCrescent.. , ....! j NoEnterprise i 1 1 No

7,6O0|

NoNoNoNoNoNoNoNoNoNoNoNoYesYesNoNoNo

1506

fCo.5

102519

»

t130

* When not otherwise noted, these rates are gross (Gr.)r deducted in advance; ;% Added to mortgage, and may be paid by installments. | Within county.

«, meaning monthly installment; w, weekly. f Not reported.| Within city. % Paid in cash at granting of loan.

el

s50

TABLE 3.—BTJILDINGr AND LOAN ASSOOIATIONS OP NEW JESRSBY-INVBSTMBNTOF ASSBTS—Continued.

3s

1731741751701771781797 HO1811*218318*18*186187188189

LOCATION AND NAME OFAS-OCIATION.

HUDSON OOUNTY—CONTINUED.

Jeriey City—Equitable..ErieJ&xceliorExcelsior. No. 2FairmountGarfieldGreenvilleGr#eD*i!Jp, No. 2Greenville UnitedHighlandHomeHudson fityHudson Mutual.......„„......,Improved Land and LoanIndustrialJersey O!ityLafayetteLJDCOJDMadison

|

$6,48556 369

190,914260,95312n546199,165507,921232,02729,69865,900

124,188146,9^494,28037,658

238,446199,594309,492368,38449,128


sT3

$11,51059 515199,915300,385145 946202,983547,109275,59637 495

116,384131,169177,12295,45142,985

247,597201,094317,453396,59053,728

$11,00049 000l'>],000291 K00127,500185,1lOl

,112,400j125,400171.700192,60039,940213,600199,800313,400386,70050,500j

$1601,8912,050fi 9102,5685 070,

711,1681,2672,740500670

7 1672 820

'*2,8271,245

2,600

2,2126,613

$69889

25,9591675283

6 37321,82115,702

164676

2,245134

1,4011,590

17,572181

1,376[

$2751104

20,906

ABREAUAGtB.

I$275

1.019

15,5956 430

351457370

2,1402,2572,54"

950785

1,9931,841

36116071

4,281

$175544

2,291

2,140! 812,087 j * 6'

916, *f7381 257

6,331

1,763t290

3,650

764

$70353

1,990

1,0081,512

1761,955

951

17317417517617717S17918018118218318418r.186187188189190191

OO

oQ

02

* Inclusive of arrearages in most associations. f Not repotted.

EABLH 8.-&VmT>t&& AND LOAN AS&OOlATtOm OF NSWOF ASSETS—Continued.


A&EXA&AGC6.

3

B£

oi3a

AGGREGATE I^>AN6 TO OI*R STOCKHOLDERDTTRING TEAR. LOANS TO

OTHEhS THAJ*

STOCK (BOOK).

S I i l s

00

SII

17417517617717S17918018118238318418518618718818»190191

HUDSON COUNTY—COWTIKUED.

yErieKxeelsiorExcelsior, fFairmount

830'. |2,000|

UGreenriJieGreenville, No. 2Greenville UnitedHighlandSoB

6,000 600

S100 820: f NoNo

i,500 25

2Uf

Bud son City ,Hudson Mum»lImproved Lmcd and Loan..Indaiiria! ^Jersey City.. ......'JLafayettelaocoln . , ..,.«...„.,Mdi

5725

50

181

345 - . ,

f5,0007,00050002,200

NoNoYes

5001,0001,000

S2^00|3 3502,43't

101£60

138

8,000-j-2,600

4,8004,600^6,4007,0002^00

3,000

300200200400

1,000400

4,111

1.1801,6401,6002,8462,015

•1,350

YesNo

I No116 151 S42 No

Yes700500

35 317 Y««25 93 No

., . No20 133 No10 151 No40 149 No

i No4001 10! 104 No500] 15! 180. No

300:1,350j

500

f Not reported.

173174

; 175176177178179

; 180181182283184185186187188189190191

8

TABIiB 3.—BtrmDlNQ- AND LOAN ASSOCIATIONS Off NEW JERSEY—INVESTMENTOF ASSETS—Continued.

u

aa

1o

173174175176177178179180181182183184285186187188189190191


HUDSON COUNTY-CoitTnaneD.

Jersey City—Equitable. . .ErieExce'siorKxcelsior, No. 2

Garfield .*..

Greenville, No 2Greepville United..Highland

Hudson CityHudson Mutual „ , , , .

Industrial...Jersey City , ..„,Lafayette

Madison , «

SKCUSlf IBS IKDEfAULT AMD LOSSES

Num

ber,

1

Am

ou

nt

$5 000

m.9

j

i["$l46

PLACING OFLOANS.

Mon

ey l

oane

d o

r se

nt

ou

t o

fS

tate

?

NoHoNoNoNoNoNf>

i NoNoNoNoNoHoNoNoNoNoNoNo

Had

iUR

of

dis

tan

ce (m

ileb

)d

uri

ng

yea

r.

10

o

f20102025

+i5

21**Co.

7152

Ann

ual

inte

rest

rat

e d

uri

ng

yea

r(p

er c

en

t)

Gfi0666

6666

|5to65 to 6

6666

PREMIUM KATF8 BIB DTTBINOTEAB (PER CEMT ) *

Hig

best

.

.10m

11.25

t28

Low

est.

t

8

Ave

rage

.

t

10.35

'2rt22 1422.8

t15.73f.295m

5.758.50

1013.50

.255m

20.8

3.50

.2«m2.505.757 / 0

12.50.135m

27.317.2214

8.81

.265m4.416.848.61t.20m

Pre

miu

m p

lan.

Mo.Gr.Gr.Gr.Gr.Gr.£

w.Gr.GrGr.

Mo.Gr. Inst

Gr.Gr.Gr.

Mo.

Reb

ates

on

rep

aym

ent

of l

oan

befo

re d

ue

?

YesYesYes

JTesYesYesYes

YesNoYes

NotYesJYesJYes

Off

ice

num

ber.

173174175176177178179180181182183184185186187188189190191

aoo

II

• When not otherwise noted, these rates are gross fGr ), deducted in advance ; m, meaning monthly installment; w, weekly. \ Not reported. % Principal andinterest rebate plan. \ Combination of gross, installment and interest-premium plans, interest included in premium. *• Within county. ^Foreclosure los$.

| Five per cent, on mortgage and six per cent, on stock loans.

Ia

CO

CD


*pa«q ao

-paaiio

•(I1B8H

o

5

•jeqainn 90^0

S i | S S * r*. Tfc

—** t-T «T co1 • -" 'C

Ilii!

!I iff!

: :

1!

.:• I

8103W

I

IS-S .2

piilliil 2T•a I£.3


IS


ARREARAGES.AGGREQAT£ V>AN8 TO ON It STOCKHOLDER

DPRING YEAB.

I

M>ANS TOOTHEH8 THAW

SilAlf HOLPEB8.

s

193

195196107198109200201

20a204

HUDSON COUNTY—CONTIHUM.

Jersey City—MontfeelIoMontgomeryMutual L&nd wad Building SyNorth HudsonPavoniaPsu'ui HookPhoenix..Security

$16

UWashington

17023

15325

HUNTERDON COUNTY.

Flemiogtfm—Building aud Loan..Lain bermlle—Centennial

$1,072$4,0004,000

$400800

82,0002,0^0 ]

$500

13418064'

8F»304

5,0002,000ft 000S 60040007.0005,0006,600

200l20001,0001,0001,200

2O0|400200

7,000! 200

$100 NoYesNo

147 No* I YesIfi2 No1761 No

ftO 150: No.... i No50 * 1 No25 186 No

1,176| 1,000Yes

4671 Yes

192193194195

3,600 1!>6197

, j 198i 199i 200

201202

6,08012,048

• Not reported.

Office number,

H i * S

i i

• •

i w o

: : :

i :

l iHIH MM

-?

a

3

jo+-+ oo <i cyi w- I OWOt

53 * £p CD O Q CD Q QCD

QD CO

I SI

QD O

ist

wo

Number.

Amount.

Mnney loaned or sent out ofState ?

Radiun of distance (mlleb)during year,

in

Annual interest rate during year(per cent)

Highest

Lowest.

Average.

Premium plan.


Office number.

CO

td

3

12

aav aoavj ao sonsixvxg Z98

TABLES 3.—BUHJMNGh AND LOAN ASSOCIATIONS OP NEW JERSEY— INVESTMENTOP ASSETS—Continued.

2052062072082095

210

211212213214215216217218


INVESTMENT OP A!

Trenton—Mechanics'.MercerNew Jersey Building Loan

Hightatown—Building and Loantiopewell-Building and Loan...

People'sPennington—Building Loan

MIDDLE8EX COUNTY.

New Brunswick—American..Secood American...ExcelHorHomesteadMerchants' ..,People's »SecurityWorkingtnen's

889,49977.*94

168,32518,98857,0234,469

22,467

139,252163,348207,070333,423216 343t

108,445166.717

£89,49977,894176 30619 02157,81815,78622,467

139,252163 348207 388333 827210,005

109,006167,046

00a

M©

%

MVSw

3,185

a

0

i"3

£

$6,6842,036

$74,25566 000167 75016.350 25039,540 10,79612,<?03 14516,900

119 820 15,550140,580! 12,7351K7 3<K) 18,470318 520 9,550195,035 20 970

102,700 4,419165,000 11,300

6,772

4,200

|

$96740

1,3192,253

66224

2,fi272.73825911327

919

$4,7936,6337,237168740

2,7225,343

1,356S.O!)1)1,3596,644673

621740

$4,7936,6337,237

9474098370

1,0601,5051 1952,50014&1

$3,3784,3734,361

6836151166

952

410V27J

$1,4152,2602,398

24317S9177

135

205206207208209209H210

211212213214

21671 217

i 218

• Inclusive of arrearages in most associations. f Not reported.

CO

CO

TABIiE 3.~BTJILDIN€r AND LOAN ASSOCIATIONS OF NEW JEBSEY—INVESTMENTOF ASSETS—Continued.

LOCATION AND NAME OFA89OCIATION.

•o

.AGGREGATE LOANS TO OMJE STOCKHOLDERSPRING TEAR.

STOCK (BOOK).

5 I

LOANS TOOTHEB6 THANSHAREHOLDERS.

•ss

H

•-3

Q00

>•

woMERCER COUNTY.

20520«207208209

210

211212213214215216217218

Trenton—Mechanics'MercerNew Jersey Building Loan

Hightstown—Building and Loan ...Eopewell—Building and Loan

People's MPennington—Building Loan..

$4782

63'

MIDDLESEX COUNTY.

New Brunswick—AmericanSecond AmericanExcelsior ,BomeB'ead ,Merchants'People'sSecurity-. „.„W k i *

$394.13

2

318202262

$1,4002,4008fO0i,ooo;

7992,0001,500

7,000|4.00017 5002,500'

$600200400i300'799100

200150

100

2.800;2.800.

100,5O0|

t L550

f1,500 ..

3UO|

1508O'>113

$50!10

10025114

S280J131

lfiO1

46

16001 2,000 100 ROOlf j 2,200 50 f

800' 500 lOOl 2001

19381,6001

500'l,000|

15200|

1031

Ye8YesNoYesYeaNoYes

YesYesNoNoNo

NoNo

f Not reported.

1.2«015985

3,400

8,250

205206207208209209)4210

211212213214215

217218

QQ

TABLE 3.—BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOP ASSETS—Continued.


SECURITIES IX ISrAULT AND I.OSSEBi

DUB IK (3 YEAE.

a

PI.ACINO OFLOA>B.

nCCD

CtNT )*

i?!

I,2

o<po

IM

mW

a

MERCER COUNTY.

2052062072082092 0 9 ^210

211212218214215216217218

Trenton—Mechanics1 „..MercerNew Jersey Building Loan ....

"Ightstown—Building aad L.oau..Hopeweli—Building and Loan.. ..

People1*Pennington—Building Loan

MIDDLESEX COUNTY.

New Brunswick—American..Second AmericanExcelaiorHomestead.....Merchants'People'sSecurityWorkingmen'p

NoNoNoNoNoNoNo

NoNoNoNoNo

1050

to.

30

kr

.50

8.75

Part

$1,200NoNo 12

9.50 6.482

Gr.Gr.Gr.Gr.Gr.Gr.Gr.

Gr.Gr.Gr.Gr.Gr.Gr.Gr.Gr.

NoNoY#«NoNoNoNo

2052062072«.8209209^210

NoNoNoNoNoNoNoNo

211212213214215216217218

• When not otherwise noted, these rates arc gross (Gr.), deducted in advance ; m meaning monthly installment; w, weekly. f Within city or town. J Not reported-{ From poor investments.

o

Io

o

COas


CO

oo

io>nE3

%I—i

ft

tda


INVESTMENT OF ASSKTI. ARREARAGES.

HC

2a

219219}220220K221 '

324

229230231

MIDDLESEX COUNTY—

Perth Amboy—Bicentennial ....Citizens'Homestead ...........Perth Aoiboy.... »...........Rarit&n Cr©Bcent....«~,..^ »

South Amboy—Building and Loan.Star . „

DoneJIen—Building and LoanJatneaburtc—MutualSouth Hirer—Building and Loan..

MONMOUTH COUNTY.

Asbary Park—Building and Loan ........Atlantic Highlands—Sarings PondRelmar—Building and Loan „.Freehold—MutoalKey port—Building and Lean..

896,617H,OOO;

207,193.3.3841

$96,617j14,000

216,092!3,384

$79,340314,000

S5C|

3150,04487.96651.766

107,479!7,310

150,04487,96652,7001

11543

67^01 '10,728,

151,63973^63i

7,310

•205,33467,30li11,416!

190,612S6,787i

&133,311

84,200!48,430

109,632. 5,600

201.S001

66,13810,100

187,25082,950

725|

7,2751,2503,460

2,266

$9,627 $4,626

2,8i9744

22,772 16.1445,546 2,5011,685-

851,4921,521

2,819

8317251

2,625i189}

1,074! 2,750764| 399

1,316}3^82

33 3,804

3,6442,501: §505

831 536676 371

886155

672,06S

2,675:399j2W

1,649|822|

202

81,935206253586

219

220220H221222223224225

o

o

so

22755 228

2291,132, 230

i 231

•Ineluiire of arrearage* in moat associations, t Not reported. claiire of stock loans.

TABLE 3.— BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOP ASSETS—-Oontinued.

Off

ice

num

ber.

219

22022034221222223224225226

227228229220231


MIDDLESEX COUNTY-Coi.Tis©ia>.

Perth Am boyRarit«n Creirent

South Amboy Building and Loan8 t a r

D a n e l l e n — B u i l d i n g a n d L o a nJ a m e s t m r g — M u t u a l . . . . . . . . . . .South River—Building and Loan.. „

MONMOUTH COUNTY.

Af bury Park—Building and LoanAtlantic Highlands WaTings Fund •Belmar—Building and Loan.. ,Freehold—mutual .....

X

a-£

$609152

6964

142

94

Pre

miu

ms.

Due

s in

adv

ance

.

$5

20

! 132

1,051153

129

AGGREGATE LOANS TO ONK STOCKHOLDER©TIRING TEAR.

MORTGAGE.

Lar

geB

t,

$3,000

*

1 7002,0001,1001,4001,500

14,0003 300

Smal

lest

.

$100

200

'lOO200

200200

1,000 2004,000 200

Ave

rage

.

$970

825*600825

8001,026

5501,100

STOCK (BOOK).

Lar

gest

.

$500

*

3001,500

400200

Smal

lest

.

$150

loo505025

Ave

rage

.

$431

LOANS TOOTHEB8 THAW

8HAREEOLDE&S.

If m

ade.

NoYesNoYea

Ara

ount

ou

tsta

nd

ing.

200 Mo225 Yea I #72 8fil110 Yes75 Yea

Yea j 21,432No 1

YesYeaNoYesYe. 14,375

Off

ice

num

ber.

219

2202 2 0 ^221222223224226226

227228229230231

ao

mCOo

IHO

QQ

•Not reported.

: ; V f : 7: ^*t i l l '•

1 W ! i

j " S : |

'<=>'-

o o o o o o o o

Office number,

Number.

Amount.

Losses.

Money loaned or eent oat ofState ?

Radius of distance (mileo)during year,

III"isHa

ll


Highest.

Lowest.

Average.

H

Premium plan.


Office number.

atnv noav^ ao 898

11iS

i

HIlii

8d

ll

siro

6

w3i"SB'S?

lift IgSgW o5*90 OK S

"40*

f-1 r-1 O> I * tO »MQiOi O WO

Office number.

ii

Total net worth (net assets).


Bond and mortgage.

esi

1SS!

* . tv * . C

Stock (book) loans.

Real estate owned.

Cash on hand.

Other assets.*

Total.

Dues.

Interest.

Office number.

698 •SKonvioossy QKY f)Ni<rang[

09

A

TABLE 3.—BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOF ASSETS—Continued.

CO

o

»O

SBo


ARREARAGES.

3

AGGREGATE LOANS TO OH* STOCKHOLDERD1TRING YEAB.

I 1

STOCK (BOOK).

LOAMS TO\ OTHERS THAN

SHAREHOLDERS.

.2•3|

%B

!

O

tr1

232

234235

237

239

MONMOUTH COUNTY—CO

Long Branch—BoiSdfcgandM anasq oan —Sqnan V11J age~. ..„*.»».Matawan—Building and Loan..~~Red Bank—BaiidiDg andl L*>au«

S351J

S79

MORRIS COUNTY.

Boonton—Building and LoanDover—BuiJdiog-and Loia.-«.^- . . .Morristoirn—Building and Loan...,

OCEAN «OUNTY.

Toma Ri 8 ' . .

S28!57j 71

I 100

S1.6001,6001,2003,000

3,500j

5,ono;

2,000

S200 $600200 1,000 Si ,000

50 678 1,000150 985 400

300 931 l,050|200, 1,000 1,1001400 1,159 800

850 $48925 186

400; l,000i 900;

1,837

400j

NoYesYesYes

NoYeeYes

Yes

•Not reported.

$1,0002,5432,100

3008,718

14,300

!

232233 i234235

236237238

239 .

£«<

wP3>

8 rG2!

3

o|5o

to l& §

I fflf IO r» •* a G

O si a '. ,_ «*^

o

« ° o o o

A.-JOC5 W « «

Office number.

HO

is

CO

INumber.

Amount.

Lossei.

Money loaned or Rent out ofState?

»Hiun of distance (during year.

| l |CQ


Highest

Lowest.

Average.

Premium plan.

ebates on repayment of loanbefore due ?

Office number.

-stfouvioossy Nvorj a^v

smo

2402412423432442452462472482492502ftl2522*3254255256257

TABUS 3.—BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOF ASSETS—Continued.


PASSAIC COUNTY.

Pafcersoa—C«UicCitisena'. ..East Side...................(xernjsD-American ,.».Iron and SilkManchesterMechanics' «..Mutual. ....ProTident .........*.People'sR i T i d

$156,11027.831 \12 372!19,5O8|t

49 671275,817'2O0,I98i83,355|88,74516151722,794!8,495]

South Paterson „ ,~.. . . . . . . . . . . . . . . . . . . . . . . . ........Totowa.... ..\JS30D 3 3 I X tQ&I****««»»«** « • • • • * « • » « * m * * m * I ( M I W M M t l f . • « , • » • • • • • • . •»•••• t^Sf1*,f*fo*

Paasaie—Matoal... . , t 424 f*43|People's. . . . .M . . . .^ . . ,«.~ ...-«. • I»'2p5^;Union 102,020}

Little Falls— Building and Loan _ « . 47,0571

INVESTMENT OF A68KT*.

I a|

(boo

k

1

ao

BB

tate

Rea

l(

$156 294] 8147,66033,7811 32 300|17,767 14,600125 442 24 800!

^5,606 $1,927

5?,6402%\ 320219,281

83 37988.75764,72024,39410.200

755,459

217

172 798109,10649,402

43,232232 957205 355'

68 825'85,54960,45023,1009,600.

749 6303J»2,130'164,433'U«,100.44,625'

8,25818,478; „..„1,879!« I6,555 S 1 8001,803!

30fl"«>l0 5 . . .0o|

905305

5,822]. . . . . .12«.-> ,2 , ^ 1 4.200,

2,557!

t o

* IacluaiT© of arrearages ia most associations. t Not reported

TABLE 3.—BUILDING- AND LOAN ASSOOIATIONS OP NEW JERSEY—INVESTMENTOP ASSETS—Continued.

J8

%Bo

24024124224324424524624724824925025125-i253J54


AGGBEG*T£ LOAN8 TO OHE STOCKHOLDERDTTRING YEAR.

Paterison—Celtic.Citizens'..East SideGerman-AmericanIron and Si k.ManchetterMechanics' ....MutualProvidentPeople's.RiversideSouth PatersoDTotowaUnion Mutual.

Passaic—MutualPeople'?Union....

Little Falls—Building and Loan

o6

H

HI

ft

w

•Not reported.

>CO©o

Ho

CO

?s

3 *a 3

II

s.I*s

I7

: P a

Mi• I

i i i

r ;

£ : ?

m? I la

• i

i i ;

5 !

: : : : : : : I : :

a ^ s; ^ *s % x ij y, s; ^0 9 0 ( 0 ^ O O O O O O O

t o *- 4 - - ' tC CO t o K> - '

• "i *< "i - i •« *

oooooooocoo

s s

- • ro Kj ro ^ ^> ^> to w t>» to K> to fco N3 w ro NJ to

Office number.

Q

Number.

Amount.

Money loaned or «ent out ofState?

of diataooe (milen)during year.


Highest.

Lowest.

Average.

td

i

II s

Premium plan.


Office nuniber.

a w HOiivq do S

TABLE 3.—BOTLDINa AND LOAN ASSOCIATIONS OP NEW JERSEY-INVESTMENTOP ASSETS—Continued.

inu

mbe

i

S

258259260

2C1262203204

265


SALEM COUNTY.

Qulnton—Loan and Building..............

Woodstown—Union ....... . . ...... u . . . .

SOMERSET COUNTY.

Bound Brook—Building and LoanEast Millstone MillntonaSomerville—Citizens'.. ...... .

People's.. .. ,

SU88EX COUNTY.

Newton—Merriam Shoe Co.-.. «„„.

asse

ts).

5

SI

Tot

al

$54 410237,0C2

39 Oso

70,4289 505

50 470130 571

26,510


00

is

gros

s re

Tot

al

$54 419237,900

42 790

78,3809 rit!"i

52 735131 001

20,901

*

o

a1

Bon

d

$46,200209,7:rr

"5 400r>o 350

117 <>00

20,500

(3

(boo

k) 1

ooa?

$535

4 8112 150

265

1s1

Rea

l

. ........$-1,247

4,000

on h

and

Cas

h

$8,07119,771

39

3571 289

224

132

1s

Oth

ei

$1483,6701 180

4296511

2 106

04

ARREARAGES

Tot

al

$1473,505

429

11

04

1

$115t• j -

30

11179

28

150

$20

399

137

16

num

bei

o

258259200

261l>62263264

265

* Inclusire of arrearages in most associations. f Not reported. % Includes stock loans.

TABLE 3.—BUILDINa- AND LOAN ASSOCIATIONS OF NEW JEBSEY—INVESTMENTOP ASSETS—Continued.

Imo


ASBXA&AGES.AGGBEGATE LOANS TO OSK STOCKHOLDER

PTTRING YEAR.

0Q

STOCK (BOOK).

LOANS TOOTHEBS THANSHAREHOLDERS.

258259260

BALEM COUNTY.

Quinton—Loan mod Building.......^....i Salem—Fran klio.Woods town—Union „ ».

8OMERSET COUNTY.

261 |Boosd Brook—Building and Loan..,.262 East MiiUtone—Millstone ...263 jSomenrille—Citizens*.,.....

People's........ •».« .~». . . . . . . . . . . . .

8U88EX COUNTY.

265 iNewton—Merriam Shoe Co..

SI,655 $411'.„

4,6001^001.0005,000

2,100

400,400106200

600!

KoNo

...I Yes ; S18,874i

1,320! | I No25 j $500f 825 $150 Yes

738! 600! 50 194! Yes !1,0001 GOOl 501 100; Yes j 18,500

1,000 140] 2o\ 50\ No

F258,259

261262263264

265

* Not reported.

TABLE 3.—BUILDING- AND LOAN ASSOCIATIONS OF NEW JBBSBY—INVESTMENTOP ASSETS—Continued.

Off

ice

nu

mb

er.

258259260

261262263264

2m


SALEM COUNTT.

Quinton—Loan and Building *»....•_.„„

Woodatown—Union . ... .»• • ....

SOMERSET COUNTY.

Bound Brook—Building and Loan ..»Ea«t Millstone—Millstone ..„Somerville—Citizens*

SUSSEX COUNTY.

SECURITIES INDEFAULT AND L086K8

DURING TEAS.

Num

ber.

Am

ount

.

1o

a

.........

PLACING OFLOANS.

it o

ut

ofM

oney

loa

ned

or s

etSt

ate ?

NoNoNo

NoN oNoNo

No

6

S

hV- *C 60go 0

+5

2158

as

du

rin

g ye

Ann

ual

inte

rest

rat

e(p

er c

ent)

C>G0

0G

6

6

PREMIUM BATrg BID DURINGYEAR (PEE CEKT ) •

Hig

hest

.

2.7">7 25

927 386

t

Low

est.

*

2.6241

3.50231

Ave

rage

.

2.W• 4.81

+

5.3.'}2

3

Pre

miu

m p

lan.

Gr.Gr.Gr.

Gr.Gr.Gr.Gr.

Mo.

nt o

f lo

anR

ebat

es o

n r

epay

me

befo

re d

ue

?

NoNoNo

NoNoNoNo

Off

ice

num

ber.

2~>R259200

2fil2G22fi3264

265

When not otherwise noted, these rates are groat (Gr.), deducted in advance; m, monthly in§t«llmeiit; «e, weekly. fin town. | Not reported.

a^BTJILDING AND LOAN ASSOCIATIONS OP NEW JERSEY—INVESTMENTOP ASSETS—Continued.


UNION COUNTY.

Crao ford—Mutual.2fi6Vg Garwood—Bnilding and Loan....267 Rahway—Workmen's268 Roselle—Building and Loan269 Summit—Bnilding and Loan270 Westfield—Building and Loan...271 | Plain field—Building aDd LoaD...272 1 Home _273 iElizabeth—Central..... • "...*.*..274 Citizens1

275 Colombia276 Elizabeth277 Excelsior. .278 Elizabetfaport „.279 Harmonia. „..280 Union County281 Union Square

$85,306!4,92*

123,57539,959

31.0121*6 414

41,07S201/>•:.<

10,652320,301

58,545379,7-3414,72ft176 458

2129

$126 3234,928

129,25744 22:314 14644 055

1M>53097.09450,878

202.070110,783 i

399 314167 770

419,301470.147189 ,.385

2,356

INVESTMENT PF AS8KTS.

loan

s.

i

(bo

100

|

wne

d.

o

1OB

9

ABEEABAGES.

$119,000 S5.342

5 500119,60040 20012,80043,000K.0,998£6.07546,968

J201.84OS.160I

369 900 13 900H7 200

404,30©465,072

$288

1851..11,547 i..

4,140 L3,216 ..

186,3502,080

42S5,6001,800

600| 2 50040

3,4001.073

4997,7225,641

29

*"*220410814

142

668

*'*48

$1,693 $1,473

554623273371

6,2631,238

665230419

4,700

"9,4012 707

135268

27262392296

5,7271,1441

60

f16

ff9,2762 457f268

Si 3354872222

3 25873960

14

19652

512 37'^31160

441,170

240

4,0961,170

2

267268269270271272273274276276277278279280281

CO

00

* Inclasire of ar rearages in most associations. f Not reported. $ Includes stock loans.

TABLE &—BUILDING AND LOAN ASSOCIATIONS OF NEW JfiRSBTT—1NVESTMBN1?OP ASSBTS—Oontinued.

a

266266}*2<i72<»8

270271272273274275276277

279280281

LOCATION AND NAMB OPASSOCIATION.

UNION COUNTY.

Cran ford-—MutualGarsrood—BuiJding And Loan...Rahway—Workmen'sRoaeDe—Building and Loan ,Summit—Building and Loan....Westfield—Building and Loan,.Plainfield—Building and Loan-

HomeElisabeth—Central

Citizens'ColumbiaElizabethExcelsior ,.ElizabethportHarmonia. „Union CountyUnion Square „...

ARBXABAGES.

$431720

802117

AGGREGATE LOASR TO OS* STOCKHOLDER©TIRING YEAR.

i

$4,000' S200

3(141,170

S3llli65

8,265

1514,91.-. I

1.794]131

VA 000!a.OOOj-.400!:i,0001,000 i:j,noo Ir.,ooo4^800,

r.ooo4,0003000.r>,0004,000;

i.oool

200K00400200

1,0001**00

2,8002409(>0200200100200

•V0200!

•Not reported.

TABLE 3.—BTTIUMNG- AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOP ASSETS—Continued.

COooO

00

Q00

oSB

O

LOCATION AND NAME! OPASSOCIATION.

SECUfilTIES ] PtACIJJG OFLOANS.

a

S.£_

PREMIUM »ATI8 BID DUBINOTEAB (PEB CEKT)*

I

UNION COUNTY.

266266^267

270271

273274275276277278279280281

Cranford—MutualGarwood—Building and Loan. Rah way—Workmen's „...„Boselle—Building and LoanSummit—Building »cd Loan .......Westfield—Building and Loan.-..PUinfield—Building and Loan... .

Home »»..,.. ...»Elizabeth—Central

Citixens' .,..,.....ColumbiaElizabethExcelsior ....«,.Elizabethport.....Harmonia

( Union Countyj Union Square

1,600

i$610

1 j 4,200 „

NolNoNoNONoNo

IONoNoISoHoNoNoNoNoNo

2011

6

Co25

6566

5,66655566665

.10m

.075 m

10 10

.105m1214.2513.5078.759.50

157.508

.50

.05m

.07f>m

51

5.501045.50

5.75.071m.075mt

3.OC^m

79.208.286.256 527

126.10

t

Gr.MoGr.Mo.Mo.Gr.Gr.Mo.

GrGr.Gr.Gr.Gr.Gr.Gr.Gr.

Yes

No

YeaNo

• —

NoNoNoYesYesN-J

YesNo

• When aot otherwise noted, these rates are gross (Gr.), deducted In advance ; m, meaning monthly installment; w, weekly. fNot reported.X Premium added to mortgage and paid at time of cancellation. # Within county. | Defalcation. % Within city.

266266)4267268269270271272273274275276277278279280

TABLE 3.—BOILDINGr AND LOAN ASSOCIATIONS OP NEW JERSEY—INVESTMENTOP ASSETS—Continued.

Off

ice

nu

mb

er.

282283


WARREN COUNTY.

PMllipsburg—No. 4No. 5. . . .

Tot

al n

et w

orth

(n

et a

sset

s).

$100,71173,193

INVESTMENT OX* AS8ST1.

Tot

al g

ross

res

ourc

es.

$118,28375,089

Bon

d an

d m

ortg

age.

$111,20059,000

1?%Mo

sm

SI ,80012,150

Rea

l es

tate

ow

ned.

$4,000643

Cas

h on

han

d.

$842,616

Oth

er a

sset

s.*

$1,199680

ARREARAGES.

Tot

al.

$950680

Du

es.

$364

Inte

rest

.

$262

Off

ice

num

ber.

282283

* Inclusive of arrearages in most associations. t Not reported.

TABLE 3.—BUILDING- AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOP ASSETS—Continued. to

16a

1o


WARREN COUNTY.

282 Philliosbure—No. 4283 No 5 . «... . ..

ARREARAGES.

|

i §

I 1

§

C3

OE

o

AGGREGATE LOANS TO ONE STOCKHOLDERDPR1NG TEAR.

MORTGAGE. STOCK (BOOK).

§2 0004800

„

s vera

g

<

vera

g(

§200 SI 000 S20»> f - OO ^'OO200 1.320

LOANS TO

SHAREHOLDERS.

g

ISoNo

to

•o

tsta

i

§

O

<

u9

O

282283

o

i

TABLE 3.—BUILDINGr AND LOAN ASSOCIATIONS OF NEW JERSEY—INVESTMENTOP ASSETS—Continued.

umbe

r.O

ffic

e n

282283


WARREN COUNTY.

PhilHpsburg—No. 4No. 5

SKCUBITIEB INDEFAULT AND LOSSES

DTJB1NG YEAB.

J8^•5

Am

oun

CO

3

PLACING OFLOA

iuO

aoa

u

oane

d o

Mon

eyS

tate

'

NoNo

MB.

8^Va

of d

iata

g ye

ar.

Rad

iui

duri

n

11

60

at*s

S£

I?

Ann

ual

(per

c

66

PilF.MVUM BATFB BID »TJKINGTEAB (PER CEMT J*

m©

J3Ml

5

8.758.50

©

1

g

Ave

rag<

7 506

m p

lan.

Pre

miu

GrGr.

loan

o

a

on r

epa

Jdu

e?

PYesNo

umbe

r.O

ffic

e n

282283

oo6

• When not otherwise noted, these rates are gross (Gr.), deducted in advance; m, monthly installment; 7v, weekly.00

oo

oas30

COooCO

384 STATISTICS OE LABOR AND INDUSTRIES.

TABLE 4—BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—STOCKHOLDERS AND BORROWERS.


NUMBER OF

CANCELED DURING YEAR.

•a s

10ii1212J1313J1414*1516171819202122V324

ATLANTIC COUNTY.

Atlantic City—Loan and B'd'g...MutualPeoples'

Egg Harbor—B'd'g and LoanHammonton—Loan and B'd'g...

Workingmen'pMays Landing—B'd'g and Loan-Pleasant ville—Mutual

BERGEN COUNTY.

Allendale—Orville Co-operative.Bogota—B'd'g and LoanCarlstadt—MutualCloster—HarringtonEngle wood—MutualFair Lawn—Saddle RiverHackensack—MutualFort Lee—B'd'g and LoanHasbrouck Heights—B'd'g LoanHillsdale—ProgressiveLodi—B'd'g and LoanMidland Park—FranklinOradel—Bergen CountyPark Ridge—Eureka

Washington TownshipRamseys—B'd'g and LoanRidgefleld—Building and Loan-Ridge wood—Building and Loan.

Co-operativeRutherford—Mutual

5,045335542957

2,7722,875

4871,095

697425628885

2,814201

3,961358

1,063206542367

2,07647597

4841,4012,631

6592,846

60910156

22146856914857

13048581224874206

1,345421343241568775619410143314927401911

493373522330652817

224

196076618745

80363164352667131441221364400•210555

1563735223263!3951746

19607661874

!803160153352667131441121

333400210539

237

43133

187

311

31

16


TABLE 4—BUILDINa AND LOAN ASSOCIATIONS OP NEWJBBSBY—STOCKHOLDERS AND BOREOWBRS—Continued.

SHARES.

HELD BY ONESTOCKHOLDER.

•

I10026342857644016

2525

4025

252530

15152525134250255055

|

I1111111

121iX

1111

x111111111

*#o

111s

1,7211 62177302

1,1701,071

66380

1481.4

145210688

475321

1438

2062

5647715

113134652121557

NUMBER OPSHAREHOLDERS

Tot

al.

83102348421541153457

12974

106157366

4559172

123399774

2631164268

195252100323

Mal

es

6170

209254337110360

985592

12325037

4455495338858

213963553

*16076

221

i1

2131

1341531934090

28191430

1158

1441728

69

1547197

14*

922398

.

of

ga?

§1

Cor

po

115

141137

3

41

21

31

1

......" 1

4

SHAREHOLDERS ASBOREOWERS.

Tot

al.

*

838

107134264

18*

162

223180

1883

20138

79144

1369491185

1

72784

14019612

112

192455

702

16135

731327

51359

50

1

1111940676

4

37

251

1714

36126

18142

34

m

11

Cor

po......

441

......

1

1

......••••••......

1

is

3 |Is1.2as

*2

*

23*22

3

5

251

2237

32

21414

*115

17

10

1 Of

fice

12345678

99}

10111212J13is*1414J15161718192021222324

* Not reported.

26


TABLE 4.—BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—STOCKHOLDERS AND BORROWERS-Continued.

ISDC

EO

2526272829SO3132333435363738394041

42434445464747i4849505152535455


NUMBER OF

BURLINGTON COUNTY.

Beverly—Building and LoanBordentown—Building and LoanBurlington—City

Farmers and Mechanics7

Delanco—Building and LoanFlorence—Saving FundMoorestown—Building and Loan

Workingmen'sMount Holly—B'd'g and Loan...

IndustryPeople's

New Gretna—B'd'g and Loan....Palmyra—Building and LoanPemberton—Building and Loan..Riverside—Building and Loan...Riverton—CinnaminsonTuckerton—Mutual

CAMDEN COUNTY.

Cam den City—Artisans'Bishop BayleyBrotherhoodCamdenCityEconomyEastern UnionExcelsiorFranklinGerman CentennialGuaranteeHomesteadMechanics'MutualMutual Guarantee

8311,0791,1641,434

5888546725811

2,178:3,70(>!2,285!

617608

2,8611,4202,551

934

3 6004,031

1802,6312,1823,1091,7541,7643,9461,5261,4902,1982 9721,797

21,362

47722448502299681339211384249313

Jg I Q tC tC Q r* O Qi O C

*§ !

tO Ox O CC tO OQ Cl <"* tO c** U> K> COQ ' • o« 4* C" O -fr- -vi Q PC Q •<- Q to

i OS O CA» <' CO •*•• CO GO •<! —• C^ GO

M ^ W O CD O5 CO »— >— CD OS QO >f*_C5_

*-* CO 4 - CO to to

t C > * C i h C C t t OOiCOH'-'OO'as^-HWCifc.ooDH'viaa a co oo

bO IC t\5 Oi OT^- oi — 1 t-* Ci to 4*OO »— CD KJ CO r- Oi

i—" t—'to ** *, H - ' t O C C »*£* O3 — 00 ~"» 00 O * •<! C" CO l—'-<T-t—'OCt-' QT CO tv- -4 C7i4^4^xtOCR*

•O> GO CO 4 - - i

• » c o : :

j-» —• tO • -Cr. i—i CD I—' QC 'C7« rf!».CD^fJ»t-^C*»C7»CD5OtO*'—'OiH-'O5C'5COC0

CQ Q i «<1 CS tO *^l tO Q0t0O'C^'--?Cr'Cr'C04:i>'>:t0/X'CP • - O Oi to

J CO J

: t o :

oo £ too -

: co oo o to_ H i : cc i—* to •

tK *»> W CO CO CO CO Oi *J5 CO CO to tO tOO tO tO

Largest.

Smallest.

Pledged (borrowed OD).

Total.

Males.

Females.

Corporations, firmB, Ac.

00

Total.

Males. » g

aiFemales.Corporations, firms, &c.

Houses acquired through associ-ation during year by borrowers.

Office number.

itW Cd

wS• A

ND

LD

BR

S

• s

oooisLATI

W

BU

ILD

S

8*QQ

CD 0

02i (-3

o



Ipa


5057585960616263646560676$697071

7570777879

8081SU8283

CAMDEN COUNTY—CON.

CamdenCity—North Camden....People'sProvident •<SouthwardState MutualStockton

Berlin—Building and LoanGheeilhurst—Building and LoanOlenienton—Building and Loan.Collingswood—MutualGloucester City—Improvement..

United MutualHaddonfield—MutualLindenwold—United TownsMagnolia—MutualMerchantville—Bldg. and Loau.

CAPE MAY COUNTY.

VvalonCity—Building and LoanCape May City—Savings Fund...Uape May C. H.—Mechanics'Dennieville—Loan and Building.Ocean City—Building and LoanSea Iale City—Building and Loanôuth Seaville—Loan and Bldg...Fuckahoe—Building and Loan...

CUMBERLAND COUNTY.

BridjBteton—Merchants'Saving Fund ,

Millville—ColumbianHopeInstitute

NUMBER OP

3 5492,7»7.

6751 996'

178(1789f.50

|

21K|^ ' (521040|

4 856 '1 020*2 91

L487J9.!53814-0246299477

4,091

' '7572,557,1,674

784561702294

2 1623635734

10989

387174820181192665


I55132 32727529.'16180H

301794121054658060

540

185403133132005780107

7548017d7511481

163175247812126161)8

22010379313

3

ia(V

514 ,184.

• 7 .153 .292 .16.

180.3 .

30,'.1744)2,

37142

122

58

M)fiO540

163140241612

1261339

IU922910U4313

214775

1

35

62

329

194

€5



SHARKS.

HELD JJVOSTOCK HOLD

Lar

gest

.

145204077

ICO32301010209085

15050

100i>8

5550201525301436

P5150394025

N E ÊR. U

O

1

i !Q P-.

i 93S* 9-01 541 73111 1,1031 761 140i 231 102 221 698

1 1,0711 1361 2141 815

3 264J i 4451 1341 1251 911! 681 921 161

i

1 1,0111 1,5331 51i 8154 493

NUMBER OPSHAREHOLDERS

Tot

al.

46157010;*:82

:>,73i141144404446

325205601164192425

*

254155>11252

174117

1,028790129619382

Mal

es.

33736587

1812,055

102J00334133

227137335129118375

1491178S40

11977

71255610944928 i

m

Fem

ale

121197in*:->

6413939

72

9466

257347040

1043712125339

274211•1615192

4

firm

sa§

o

I3s*h

85

"**5

11429J4

10

1\2

21

42234

196

SHAREHOLDERS j

BORROWERS.

Tot

al.

94Jh2

8112759

482025

#76

1753141

115

957152203450

325220

11245146

Mal

es.

68122

7

80556

381725

551:83033

100

716049182246

264198

10ISO116

Fem

al ei

243S

L£915

9

2044

17

10

241132

114

47111

5530

ga

itioi

Cor

pora

22

....„

5

i

13

15

.....

1411

J

fl

ed t

lea

rl

H

Hou

ses

atio

n d

i

fO7

15(15*

5

o

106

*8

1410

*6253412

**

7*

ber

|

Offi

ce D

5657i>K5960616263

* 6566

6869

! 7071

7273747576777879

808181*8283

*Nofc reported.


TABLE 4—BUILDING AND LOAN ASSOCIATIONS OP NEWJERSEY—STOCKHOLDERS AND BORROWERS-Cont inued .

LOCATION AND NAMR OFASSOCIATION.

CUMBERLAND COUNTV-CON

8185

Mill ville—SecurityVineland—Mechanics'..

ESSEX COUNTY.

86 Belleville—Building and Loan...87 Home88 Bloomfleld—Building and Loan.89 E<*sex County90 Caldwell—Essex County91 East Orange—Building and Loan92 Franklin—-Building and Loan....9> |Irvington—-Building and Loan...94 iMontclair—Building and Loan...95 Orange—Building and Loan9ti Orange Valley—Bldg. and Loan.97 South Orange—Bldg, and Loan..98 Vailsburg—Building and Loan...93 Newark—A^m99} Beneficial

100 Casino101 Central102 Chosen Friends'101* Citizens'103J Court House104 Eighth Ward105 Enterprise •106 Excelsior107 Fireside10* Fourteenth Ward109 First Italian110 Fraternal111 German112 Grand113 Hearthstone

NUMBER OF

2

•s0


2,0*82,414'

1,447072

1,4474,040]

300'4,:$8'>LWV1,2115,9241,921],:t98

H51

70]9713*1

3,2211,118

3885,6133,1«92 5831,5238,730

4602,2582,62-5

6141,510

39'834

32S

701,342

472,

413

25'21D!255059!22 i

19S1

315

"8

388 4 21324 41

2312102)505422

198315

26 !.

1,804393

289,

750'309

5565745S464

1,267501ft 18179

1,85112)5 S3502108285

702302115

.11376 i338

3384439

971877!4O5i

76792229947234

1,0 $812*45S85512325

11511018313384439

107877405

767922292 56234

1,013!12 Si45827111825

17

804

1505

711

434

CO-OPORATINB BUILDING AND LOAN ASSOCIATIONS. 391

TABLE 4.—BUILDING AND LOAN ASSOCIATIONS OP NEWJERSEY—STOCKHOLDERS AND BORROWERS—Continued.

SHARES.

HELD BY ONESTOCKHOLDER.

i7740

282545431535307010129504230302532254080251012550301735032752525

IS

Smai

le

i

11111111111111111122111111112

• 1

on).

1

Ple

dge

743511

45386544

1,00130922605287

1,686430379154120225231391465202638

1,7021,5-C661657

3,272125663

1,05285364

NUMBER OFSHAREHOLDERS

Tot

al.

523653

28912416655067589288167615289195134*1541211554850211810527480235*

1,1295332232090202

Mal

es.

379463

1819412735257314236145385198136101

125101*31405948

327392200

91350207251

1 80157

i

Fem

al

118213

1072837198101735122230845831

2620

*1776232

1963635

2132

106681038

ii

Cor

poi

267

122

" 21

712

3

"211

'""42

3191

7

SHAREHOLDERS ASBORROWERS.

Tot

al.

224192

9712431174518159149725516#242101760151

1031884169195875124834

i M

ales

.

181142

70831

* 903326750109564613

1919

n5212168154385815175894628

i

Fem

al4150

2731027118139401693

311683

32323944183024

II4

firm

s

iI5

2

""l2

..11

"*1.

......

2......

32

2

* 2

I!

red t

fye

ar f

ca

acqm

iuri

ng

1!*34

16342744512327844

*634

75

1623

6

c

nu

mb

eO

ffic

e

8485

86878839909192939495969798999941001011021031031104105106107

46' 1081109

19:110*1HI112

! 5jU3

•Not reported.


TABLE 4-BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY-STOCKHOLDERS AND BORROWERS-Continued.

iaa«gs

113111411511611.7118.119120121121*122123124125126127128129130131132133134135130137138139140141142143144145146


ESSEX COUNTY—CON.

Newark—ImprovedHomeHowardKnights of PythiasLincolnMechanics'Mercer ,..ModernMutual ".». .Mutual Land and HomeNewarkNew Jersey..*NorfolkNorth EndNorthwesternPassaicPhoenixProtectionPrudentialReliableRoflevilleSaving?.,.., . , .„...»..... . . . . . ,SecuritySeventn WardState..StandardTenth WardTeutoniaThirteenth WardUnionUptownWashington..,West EndWoodsideWorkingmen'p

NUMBER OF

i

6701,9964,0963,2771,7H51,7001,886

8207,054

481,8731,391

1 ',4041,0311,9112,9772,891

2322,7082,9712,9733,549

8431,5823,986

i|l26915

1,605,029

2,0802,2523,131

820

£

n

1i1

765254

1,020866372541492

1,1391,347

88641295389605

1,187324678231316516693742751341380980808380364314225501440600522

CANCELED DURING YKAR.

195

344668527419448

319961

40641387248589

24£404610

845008823404V9223187906253522163275202492305625379

i1S

9534466852741944831030S)903

40

3872485891562484044C9

7450672334042921.H

t!70900253522153275202492305517334

1010

4710

10

*45

iCDCD

*169

108

i

48

•Shares in Jast aerlea offered for redemption «t erery monthl> meeting, f Balance notaccounted for.


TABLE 4.—BUILDING AND LOAN ASSOCIATIONS OP NEWJERSEY—STOOKHOLDBBS AND BORROWERS—Continued.

SHARES*

HELD BY ONESTOCKHOLDER.,

20452525fiO505090«v

1688135272525

50

20

2545

355030552838382550254320

Smal

l*

5111

12

1

2

211iX

11X

2

11iX

114141122111

la©

II1£

381,0871,5661,014

78269736-J119

2.087

gg431843221881

915801

10993869

1,0671 4.1fi

82303

1.655945264307399

63991500

1,292253


Tot

al.

9523355046724821425115175248

162219182209191268399

46360350423546124207504475167185244147264347424157

Mal

es

8017946634421420021713356147

11617910112015320929922540

251230331440101157373352137166206128224237302124

les.

155384

10534143218

1861

43408189365998

1156

10611790

1022250

1301203019381740

10912132

4of •1

§

1C

orpo

i18

" " 2

" " 5

3

2

' " 23

330

41

......13

......'""2

i11

SHAREHOLDERS ASBORROWERS.

Tot

al.

3100180147

*7542

9153

733632

88693984

11481

109195

732

1591433442356

10946

13739

Mal

es.

283

137115

7334

133

562630

57772804

886180

1956

20117113283733

c098

3211733

3

1164326

271

18

15102

29

1918

261827

11241306et2

••••••1113205

firm

s

of

§

1

Cor

po

1.. . . . .

6

" " l

2

2

1

2

2

'""i............1

1

i

§ C

ft

•ed

tJpe

art

'3 se

Jiag

Off

ice

1113*111143911520116

* 11710118

* 1195 on

14 121121*

2122* V>R

*8

11381

149

1021

3*1421

515547

1217

124125125*126127129130131132133134135136137138139140141142143144145

2146

•Not reported.


TABLES 4.—BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—STOCKHOLDERS AND BORROWERS— Continued.

£aa8

O

147148149150151152153


GLOUCESTER COUNTY.

Clayton—BuildingGlasaboro—Loan and Building...Mullica Hill—B'd'g and Loan....Paulaboro—Loan and Building...Swedesboro— Loan and BuildingWilliamstown—MonroeWoodbury—Real Estate

HUDSON COUNTY.

154 Arlington—Building and Loan.155 Equity..166 ^j ,,,,157 Bayonne—Building..

Kearny.,

Centreville.Pamrapo,

Harrison—Harrison and KearnyPeople'?

Hoboken—Building and Loan...Town of Union—Bldg. and LoanWest Hoboken—Palisade.

158159160161162163164165 Jersey City—Bergen Mut'l, No. 2.166 Bergen Mutual, No. 3167 Caledonian168 I Oarteret169 Columbia170 Communipaw171 Crescent172 Enterprise173 Equitable174 Erie175 Excelsior...176 Excelsior, No. 2177 Fairraounf178 Garfleld

859'j869343792680494|

5,960> 1,344

128235

64'129

76

6681,0882,2187,3523,6951,1551,496

10,5826,8883,110

860881

1,0851,6662,1384,082

9081,0951,690

637928

1,0724,1271,2473,429

798297694

1,726852274486

2,7979704*185

4781,000919416203111250190!

773

1,0241

NUMBER OF


373723

1007264

i

130479460,

l,067i67526518

2,5664243881014215928558869625738640119031650803179861

373718507248

,298 1,104

130479460

1,0676«120518

2,38042437893

816

588e;02257386391190261,* !

803179"

1

359

14

26

10

34

10

55

842151

550

13135

160

* Not reported.

> en 01 to o o«

CD 05 *- - J *300 ZA Cn CTi 4*- CCO QO CO O\ Ox c

i to to to co:

rcooowa*MOJ<i5ip

1 s

• co. co

©g *

© c o

t o : i »-*

© £fe to

isssliiili

lO CO tO *» Gi CO CO © -<| h-

: : : j ^ Q , ^ ! ^ ^

^ Oi CO> 50 tO

iOiCO

CO H-«•

© <?> CO CO O5 O i t OCO t O 0 0 c-J - J O5 —-1

© to co co •+-. ooW 00 CC O 3 4*

t o

K C O ^ S * ) — i * c o » o ^r*oocoôi—»05»>3C5rf^rfÔo<inO|oco *>j Cf en ^4-coîh-irfi. o 't&J&JP co_ as to oo oo co_rf- coô M © c?y© co i+* co — o o a o i

00 tOC MM^4 i»^QDCCitOCT t< l^>" 'r f^ ' *<1 C7< tO

^ _ 5P *" o° K5: : ^ as oi h-» oo © t-o -a ©J-*. co

Largest.

Smallest.

S§2w »

Pledged (borrowed on).

Total.

Males.

Females.

Corporations, firms, &e.

Total.

Males.

Females.

Corporations, firms, &c.^TouseB acquired through associ-ation during year by borrowers.

Office number.

Oo

as

o

o

2SS3

COCOc

396 STATISTICS OV LABOR AND INDUSTRIES.

TABLE 4 — BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—STOCKHOLDERS AND BORROWERS- Continued.

i0

s

179180181182183184185186187188180190191102108194]95196197198100200201202

203204

206206207


HUDSON COUNTY-CON.

Jersey City—GreenvilleGreenville, No, 2Greenville UnitedHighlandHomeHudson CityHudson Mutual *...Improved Land and Loan...IndustrialJersey CityLafayette.,LincolnMadison. v»...~MonticelloMontgomeryMut. Land & B'd'g SyndicateNorth HudsonPavoniaPaulus HookPhoenixSecurityStarUnionWashington

HUNTERDON COUNTY.

Flemington—B'd'g and Loan..Lambertville—Centennial

MERCER COUNTY.

Trenton—Mechanics1.Mercer..

9141,070

N. J. B. L. and Invest. Co.... 19,976

NUMBER OF

6,0543,4011,1961,218

9063,0151,2091,0963,7002,5034,7660,2871,4773,0341,0001,1923,9722,0752,0003,1311,5462,4371,2911,753

9893,426

PT3

83340

63138

453

303885210

1,0003,214

5181,000

4,G73699232266408280392211433

362

14,755


I66038234133457629

371587787896

1,345431

1,046167

H,G2444883804556400303184105

98

155129

3,362'

I599

218133457

3715877s1

8901,309431

1,046167

44883304656400303184105

61

10

KG24

57120

1,608 fi,764

*Not reported, f Stated to hare been new shares but not paid for.

ocn

go to

to -«J Oioo ty oo

co coco

~O CO "H-I - • • i ^ t C 0 0 t ^ ( - i ^ Q 0 C 0 " - ' C n O t 0 * C a » "C to ^ DC OS Oi ^ *O-*JC"CO -JCO COCnb3r f k . i©O i t30CHOC»OiC*a (sOQOW05tCa i Ô«0

OMMOCO OS CD O

• »

* CO tO OO O K D H * CC

00 tO CO O * l >C O C O ^ J t O CS

to : i—i: to *

-<i o cc oo *-< C5 ^3^ OO QO 00 CC5tor

i a to c

Largest.

Smallest,

2 ^

So


Total.

Males.

Females.

Corporations, firms, &c.

Total.

Males.

Females.


§3

SiHouses acquired through asaoci-ation during year by borrowers.

Office number.

Oo6

O

a

COCO

398 STATISTICS OF LABOR AND INDUSTRIES,

TABLE 4.—BUILDING- AND LOAN ASSOCIATIONS OF NEWJERSEY—STOCKHOLDERS AND BORROWERS—Continued.

208209

210

211212213214215216217218219

220220jl221*222223*224225226

227228229230231232233

MERCER COUNTY—CON.

Hightatown—Building and Loan I 479Hopewell—Building and Loan..., 494

People's ! 363Pennington—-Building and Loao 418

NUMBER OP


MIDDLESEX COUNTY. I

New Brunswick—American jSecond AmericanExcelBior •.HomesteadMerchants' IPeople's |Security iWorkingmen'e...

Perth Amboy—Bi-cantennial

7041,8012,724

CANCELED PUKING YEAR,

It

09114923

64

1

oou44)23

1900472

2,2821,362 .

2,884)1,037;

2BH227

283

1,003

HomesteadPerth Amboy

Raritan OrescentSouth Amboy—B'd'g and Loan..

Star .Dunellen—Building and Loan...Jameaburg—MutualSouth River—Bldg, and Loan

MONMOUTH COUNTY.

Asbury Park—Bldg. and Loan...Atlantic Highl'ds—Savings FundBelmar—Building and LoanFreehold—MutualKeyport—Building and Loan

747!.1,0803,325370,4441.818.

1,988762

1,873,557

1,100

1,201668:376

40818573121090

40818573121090

,3501,595

Long Branch—Bldg. and Loan...' 2,050Manasquan—Squan Village 1,358

4004

37574

751211

88 j43118703311

43

7599

183,73

38017

I305

54'24

l l i l45*210833;

7fi99

18373

32417

11025417

15142

122D

120'

101

101

28

65

103

41046

*Not reported.

•* ' IO Qi W O H 033 i oo©w_©_© H-*^'_

8*

-<l CT» 4^ OP h-t Q

• J 03 * ^CO

M w : co: Co to

* H W H C2 — t O O

HJ tO * tO I-* i—» COCOOi OD I—» QC I-*O U ' O D H t O C O

* > . * 3 t—' GO GO Oi © W H W COOOCi—t - a #± CTa CO 00 O rf^ to 00 5O_b

O i-1 O

M^ O« C7i 00 O O ^ O

Cn On CO c

wow1 I— tO 4k. t

^ CD -X> CD .'

M : * * * ,_, *Oil-' O tO

io «o to to to to io to 10 to M to to \<J to to to totO »O JO -• 1C W I.O LO H - H H H M H H M H-iO»+ootoi-'0^«:coooi05CaîciOH-

: co:tc to to tot—' O Q OOCOCD 00

Largest.

Smallest ISPledged (borrowed on).

Total.

Males.

Females.

CorporationB} firms, <&c.

Total.

MaleB.

Females.

Corporations, firms, &c. °°

Houses acqaired through associ-ation during year by borrowers.

Office number.


TABLE 4—BUILDING- AND LOAN ASSOCIATIONS OF NEWJERSEY—STOCKHOLDERS AND BORROWERS-Continued,

£Bo8o

234235

237238

239

240241242243244245246247248249250251252253254265256257


Toms River—Dover.,

MONMOUTH COUNTY—CON

Matawan—Building and Loan...Red Bank—Building and Loan...

MORRIS COUNTY.

Boonton—Building and LoanDover—Building and LoanMorridtown—-Building and Loan

OCEAN COUNTY.

NUMBER OF

>1

CUD1

PASSAIC COUNTY.

Paterson—CelticCitizens'East SideGerman-AmericanIron and SilkManchesterMechanics'MutualPeople'sProvidentRiversideSouth PatersonTotowaUnion Mutual

Paseaic—MutualPeople'sUnion

Little Falls—Bldg. and Loan

3442,084

1,0501,9011,832

1,519

2,8322,200

922|1,452

1,2204,84113,885|

CANCELED DURING YEAR*

oH

3002(><>2 1 2

478

7702,200

9441,477

1,8071,211

78*

7,7083,5102,033

78;]

2401,053l,r>04

42848(5mr>2or>(55(5

5,4321,848

750849157

814(5

20093

28(>

12

389

2225

21048

1,44019829(51153920

5,5031,347

864058

74

!

20091

28(>

12

389

22

21<U8

1,4401982941153910

5,5031,347

835(>58

74

30!.

25

10

29

* Not reported.

CO-OPERA.TIVB BUILDING AND LOAN ASSOCIATIONS 401

TABLE 4—BUILDING AND LOAN ASSOCIATIONS OP NEWJERSEY—STOCKHOLDERS AND BORROWERS—Continued.

SHARES.

HELD BY ONESTOCKHOLDER

I2035

302040

20

20100

Is

1

11

111

1

11

30 1521 1

2550502025252520

15025255020

1111111111111

o

sd(b

o

&

S

i

148799

227813503

605

738162111137

2231,6081,173

438526309105

' 1043,2413,1251,005

722282


Tot

al.

58532

250341283

395

389287134132

226775536298295176147132

1,9*4970452295136

Mal

es.

43338

184264194

258

#*100120

174531338237194140112119

1,250852318215116

ad

1

15181

6268

. 89

132

346

472221886097363412

6951081287620

4

firm

s

aT|

13

49

5

6

5221014

....„

1391074

SHAREHOLDERS jBORROWERS.

Tot

al.

20155

3415278

98

81121111

262071146565361432

4222061066446

Mal

es.

1283

2712349

71

#116

10

19160885649291210

3511708456

•• 40

i

Fem

al8

69

62429

26

I51

639258

16712

693621136

I1

Cor

po]

" " 3

15

1

18]

1

" l

""'2

1

i l

| |Isa?

213

9

a

Off

ice

234235

2'W25 2379

12

•

111311

8

238

239

240241242243244245

25 24616)24715J2483 249

10 2503 2514 252

60253* 5,26427 2551825612,257

• Nat reported.

27


TABLE 4—BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—STOCKHOLDERS AND BORROWERS-Continued.

jSp

253259260

261262263264

265

266

267268269270271272273274276276277278279280281

SALEM COUNTY.

Quinton—Loan and Building..Salem—Franklin.Woodstown—Union


SOMERSET COUNTY.

Bound Brook—B'd'g and Loan.East Millstone—MillstoneSomerville—Citizens'

People's

SUSSEX COUNTY.

Newton—Merriam Shoe Co..

UNION COUNTY.

Cranford—Mutnal ,Qarwood—Building and Loan..Rah way—Workmen'sRoselle—Building and Loan ....Summit—Building and Loan....Westfield—Building and Loan.Plain field—Building and Loan.

HomeElizabeth-Central

Citizens'ColumbiaElizabethExcelsiorElizabeth portHarmoniaUnion CountyUnion Square

6173,1341,095

1,4782-10

l,f>001,800

781

2,049616

1,9 Hi1,180J, 150

8741,736•2,716

7074,405037

4,H541,7055,6565,4483,650140

Ip

110518272

300

250300

100

374«41709207

1,165268

693378978809161061893540774503

NUMBER OF


OH

75320175

122

10

Ia.*SI

228175!

122

144

3362o

25314415

323165619

82247

54288476931121391110

10

1.30

8362->

258141

15323165610

72247

5285

476802

103661 1 0 .

10

25

12

71101*

203

159102

• Not reported.


TABLE 4.—BUILDING- AND LOAN ASSOCIATIONS OF NEWJERSEY—STOCKHOLDERS AND BORROWERS—Continued.

SHARES.

HELD BY ONESTOCKHOLDER

!

31• 35*

154025

15

20*

6564

i

Sm

all

13

1111

1

xt1

25 1SO 1

104 1318 125 120' "•20 140 1202025

211

, 30 120 1

QO

1g<P

1£

2291,035

#

cue41

263723

133

60026

73220878

215657419240841

621,919

3362,0732,350

94010


Tot

al.

153#*

23264

223303

*

30 S70

278

139171233310153665153849281864903749

I 30

Mal

es

109

17559

170219

27763

QQ

42

«?

firm

sf

1a1

2

545

5082

31A

130 4.ft•1151091>7

383044

166 64216 91147J 5492 i*rt13362)25051071056021

2020928

312172186

9

3

32

.....

1

....„

313

193

4221

3

SHAREHOLDERS JBORROWERS.

Tota

l

40*

45

44123

23

278137

2359433'

1147

26038

420269179

4

30

33

3593

19

64154

16473034

520V

283922,7130

3

S

Fem

a9

10

824

4

114837

11135

25510284048

k8

of

aa.§Is©

l

2

11

......

""i

""s......2

1H .

§ £

red

tpe

ar

D U

atio

n

2•X-

83

Ja9

Off

ice

258•259260

261282

226317

4

*

148

3115

264

265

266266}267268269270271272273

37 2747 275

36)276132773823

278279-

25 280'2dl

*Not reported.


TABLE 4.—BUILDING AND LOAN ASSOCIATIONS OP NEWJERSEY—STOCKHOLDERS AND BORROWERS—Continued.

Ia


NUMBER OP

bti

CANCELED DURING YEAR,

&

P

i CD

a

283

WARREN COUNTY.

Phillipsburg—No. 4No. 5

1,749899

539186

40276

26576

137

| |

S S

— QDO - 1

W O i

S 3I—I *-*CO -<l

\ •

M

00 00

Largest.

Smallest.

HE

LD

BY

ON

EST

OC

KH

OL

DE

R


Total.

Males.

Females.

Corporations, firms, &v.

Total.

Males.

Females.


DD

i

NU

MB

ER

O

PH

AR

KH

OL

DE

RS

W

w tM

GO

Houses acquired through associ-ation during year by borrowers.

Office number,

963

c1

3

t5

to•

s


TABLE 5.—BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—VALUE OP SHARES.

1s

Offi

i

2

3

4

6

6

[ Because of want of space, in most

LOCATION AWD NAME OF*. ASSOCIATION.

ATLANTIC COUNTY.

Atlantic City—Loan and Build'g...

Atlantic Citv—Mutual

Atlantic City—People's

Egff Harbor—Building and Loan..

ffanomonton—Loan and Building.

Hainmooton—WorkingnunV

sf the associatio

JaS3

18th9th

10th14th16th17th

1st2d3d4th

lot2d3d

'6th7th8th

1st2d3d7thoth

l l th12th13. hloth17 thloth20th22 d25th20 th27 th

8thOth

12t.h13( h10th17th

bio

Q

3|00

1305269147755832U0 0 8 ^

116636294

152172683

10256

1144104

133197

52 %00

301305112154142110J4105250

120105200218405470

us only specimen seiics are given.]

isWa —

is

$12010896482412

49362412

10896Hi603612

10896843012

13213212084725448

ao1812

12010H72002412

00000000CM)00

0000()000

000000000000

0000000000

00000000

oo000000000000

000000000000

4rCoo

Cu

I"3Q

5X2

I

$180167135582612

71452713

140122105714112

1551331124012

87•1581339299

02036325

807400088397

5022107052

200 00108175

040758•1220130

17715a

37H8150051Hi50333307

8211

00 55722612

950130

per

-2oa,

$604089102

22931

a22021116

473728

4

08005527

874581839299

02936325

807400C83397

5022107052

0037HH15

22 001310021

57451H12

1

518450333307

821155050130

4*St

A

ia

jj-aXI

5?

8180155

0040

182 40622412

807218

62 02872412

12010691633712

155129

627212

000866600836

6000

100 043912

1.0016008820052381812fl

10714584082612

2030

800070HOOH8070083008

004578753833

-c

»

1 pr

ofit

**

x)

§

860 0047 4036 40

4807218

3 921 62

7212

12 9610 087 668 601 08

86

47 5033 6922 943 26

36

37 8080 9614 7610 800 084 602 70

683008

47 6037 4612 788 751 38

33

CO-OPEBATIVB BUILDING AND LOAN ASSOCIATIONS. 407

TABLE 5.—BUILDING AND LOAN ASSOOIATIONS OF NEWJERSEY—VALUE OF SHARES-Oontinued.

«1s

O

7

g

•9

to

11

12

13

LOCATION AND IfAMK OFASSOCIATION.

ATLANTIC COUNTY—CON.

Maya Lauding—B'd'g and Loan,...

Pl«$afiantvlll6 Mutual

BERGEN COUNTY.

Allendale—OrYilleCo-operatiTe....

Cailgttdt—Mutual....

Englewood—Mutual.,

EJaokensack—Mutual

§ds1

1st2d3d

7th8th9 th

1st2d3d4th

1st2d3d4th

lfit2d5th6th

le t2d4th6th

l t t2d4th5 th8th

10th

to•3

•3

s3o

Sh

ares

25089

148

194250321324

323154109111

33310111084

275157156102

601537220750

573269162485450572

Li

15

Am

oan

(in

stal

l

$31 0024 00

' 12 00

108 0072 0048 0021 00

48 0036 0024 0012 00

36 0031 0024 0012 00

63 0053 0013 001 00

72 0060 0036 0012 00

71 0060 0042 0036 0018 006 00

shar

e.

.

is?.52*©Xi

1$37 58

27 9412 98

154 0587 6165 7026 88

67 9341 4726 3412 66

42 0835,2226 7012 68

76 4462 5118 571 00

92 1373 9841 0312 56

93 8278 3150 0041 8719 476 16

2XI•LiC>

ex

Pro

fit*

1

$6 583 94

98

46 0515 617 762 88

9 935 472 34

65

6 084 222 70

68

13 449 61

67

20 1313 985 03

66

22 8216 318 005 871 47

16

i

pen

o

"3"3«J

$

$32 2024 7212 00

143 4678 8350 1424 38

63 7638 9726 2012 24

39 0433 1126 3512 34

69 6157 6913 261 00

92 1373 9838 1612 24

89 2569 7845 2038 3418 366 00

|

Li

0,

1%S

$1 2072

••••

35 466 832 14

38

5 762 971 20

24

3 042 111 35

34

6 514 59

26

20 1313 982 16

24

18 259 783 202 34

36

Rid

2wo

od

—B

uild

ing

and L

o

s

gggggggg

UCOCSKWOB

86 4i>29 7

720 9

73 3

11 0

8lt>1602

82

Rid

field

-Bu

ildin

g a

oo-tr1

B

gssg

5 55 tc to

8§g§

HIS(9 0 ©

f11a.

tw *• C6

888

HifcSkb.

?"*"&co ca o

OB

Par

vrRid

ge—

Eu

reka

..

KS * . O

8 8 8

42 01

27 86

12 89

SS3

>—»-4 saOC bDNS

Ora

0

t

I

11—B

eriren Cou

n

ts r: x o

SSSi

SSiS£

S

ga.

I3

»eK. ~ *.

88S

1-Bu

ildin

g an

d L

(

r~. to

22

^ ^

Cl K.

ouok

Heig

ht!—

Bu

ildin

gan

d

Ci 00 tC —

8888

O — OS tC

*

. -

For

p-1iee—B

uild

ing a

nd

Loan

88

88

ER

GE

N

CO

UN

T

Qoas

Office number.

AS

SO

CIA

TIO

N.

Series number.

Shares outstanding.

Amount paid per Bhare(installment dues).

Net holding ralae per Bhare.

Profits per share.

Withdrawal value per share. '

Withdrawal profits per share.1

O00

8

tWo

amH


TABLE 5.—BUILDING- AND LOAN ASSOCIATIONS OP NEWJERSEY—VALUE OF SHABES-Oontinued.

i1o

23

24

25

26

27

28

LOCATION AND XAHE OfASSOCIATION.

BERGEN COUNTY—Coir.

Rid ge wood—-Co-operative, .».,„„»,»,

Rutherford—Mutual ,....

BURLINGTON COUNTY.

BeTerly—Building and Loan

Bordentown—Building and Loan..

Burlington—City of Burlington....

Burlington — Farmers' and Me-

o

aS

I1st3d6th

12th13th14th21st24 th

12th13th16th17th19th22d23d25th27th30th3l8t32d

13th14th17th18th2l8t22d23d

2d3d4th

lothmh14th18th20th

12th13 fh17th21st22a

1S0

s113'J

26

244001600 70/

59

221663405a

132135200447274

293356365583

176

753201125

4142

106123146

8944

129175164

©

JSm A. mi *

"5 a

I-0 0

$24 0022 0019 0013 0012 0011 004 001 00

126 OC120 00102 0096 0084 0066 0060 0048 0036 0018 0012 00

6 00

132 00120 0084 0072 0036 0024 0012 00

36 0024 0012 00

132 00120 DO84 0036 0012 00

132 00120 0072 0024 0012 00

-i

.c<n

193

[din

gN

et h

o!

$27 5324 9021 0913 9112 7811 664 101 01

200 83186 71148 06135 97114 1383 8274 4756 8640 7019 0112 42

6 11

184 55102 51102 7385 4239 2925 6412 40

39 6325 6112 40

199 00176 24111 0441 3512 84

196 49172 1189 2726 3512 72

JS

pen

ofiis

£

$3 532 902 091 91

78661001

79 4£71 0649 5143 1332 7819 7716 2010 186 651 45

7126

52 5542 5118 7313 42

3 291 64

40

3 631 61

40

67 0056 2427 045 35

84

04 4952 1117 272 35

72

i

1 per

ibi

3?1

Ithd

i

$27 5324 9021 0913 9112 7811 274 081 00

200 83185 38142 87129 57105 5474 9167 2352 4338 3518 5012 21

6 05

179 29158 2697 1180 058fl 9924 3812 04

36 3624 1612 00

199 00176 24102 9036 0012 00

196 49167 7082 0724 3912 00

•-II

1

II

Ithd

i

$3 532 902 091 91

782708

74 8366 7146 0639 9730 1317 8214 47

8 864 701 01

4211

47 2938 2613 118 05

m3804

3616

67 005U 2418 90

„

64 4947 7010 07

39, .,


TABLE 5,—BUILDING- AND LOAN ASSOCIATIONS OF NEWJERSEY—VALUE OF SHARES—Continued.

•

Off

ice

nu

mb

er.

20

30

31

32

33

34

36

30

37

LOCATION AND NAMK OFASSOCIATION.

BURLINGTON COUNTY—CON.

Delanco—Building and Loan

Moorestown—Building and Loan,.

Mooreatovrn—Workingmen'B

Mount Holly—Building and Loan,.

Mount Holly—Industry

Mount Holly—People's , , . .

New Gretna—Building and Loan...

Palmyra—Building and Loan

Ser

ies

nu

mb

er.

1st2d3d

1st2d3d

lit2d

1st2d3d

12th18th22d

0<hlOih17th18tn10th

1st2doth

10th

liit3d

2dnth6th

Sh

ares

ou

tsta

nd

it

22353

112

214

244

57705

230101151

108180803

221.280662590036

64373

102363

379238

0234

1082 8 1 ^

Am

oun

t p

aid

per

(in

stal

lmen

t d

ues

$30 0024 0012 00

132 0008 0032 00

24 0012 00

110 0030 0012 00

00 5030 50

0 50

00 6060 CO18 5012 500 50

60 5064 5012 500 60

24 5012 60

72 0060 0024 0012 00

ii p

er s

har

e,

j

B

boa

I

$10 5325 0412 52

188 2582 8035 01

25 0012 27

72 04'tO 5512 60

87 0236 44

7 00

03 2082 5721 2514 117 00

' 83 8273 3113 436 71

31 7714 41

05 7577 1726 5112 44

Pro

6ts

per

shar

e.

$3 531 04

52

50 2614 803 01

1 0027

12 044 55

50

21 425 041 00

20 7022 07

I 761 01

50

23 3218 81

0324

7 271 01

23 7517 17

2 6144

per

shar

e.W

ith

dra

wal

val

ue

$38 1024 9012 00

185 0073 0232 30

24 7212 18

04 5037 0812 00

03 2082 5710 3312 82

0 65

88 8271 4312 600 50

27 4112 88

84 0660 0025 4412 36

a pe

r sh

are.

j|

!

1I.

$2 1696

53 005 923 30

7218

1 501 08

*

*

26 7022 07

833205

23 3216 98

2 9188

12 969 001 44

36

•No withdrawal value; withdrawer* muot make a bid, which U deducted from holdingTalue of shares.


TABLE 5.—BUILDING AND LOAN ASSOCIATIONS OP NEWJERSEY—VALUE OF SHARES-Oontinued.

i ASSOCIATION.

1 i38

39

40

41

42

43

14

BURLINGTON COUNTY-CON.

Pembeiton—Building and Loan,..

Riverside—Building and Loan

Tuckerton—Mutual

CAMDEN COUNTY.

Camden City—Art/sans'.,. ,

Camden City—Bishop Bayley

Camden City—-Brotherhood

i nu

mbe

r.

©

1st2dsth9th

1st2d4th6th7th

0th7th

12th14th15th

3d

6th7th

19th20th25th26i h32d33d37th38 th

3d4th5thSth

1st2d3d4th

a•3

1"SoooSI%

425130470371

14678

219264262

132153343456452

325196

77185

19}4

136126,

321 #673*4322*

684U6 1 l i |857%799

81262944

int p

aid

per

shar

eW

men

t du

esj.

|1

$54 0048 0012 00

6 00

84 0072 0048 0024 0012 00

120 00108 0048 0024 0012 00

48 5030 5012 606 50

320 00114 0084 0078 0042 0036 0012 006 00

120 0096 0060 0012 00

24 0018 0012 00

1 6 00

1I®a"5>•

tc3

1

Net

h$75 5366 0013 626 60

109 0492 7358 5026 4312 61

185 49164 3164 4830 0414 57

63 2136 3013 466 84

182 61171 45115 98105 9249 2040 9812 546 27

183 00135 6575 8213 21

24 4818 3612 246 12

iXi<n

i•

Prof

it

$21 5318 001 62

60

25 0420 7310 502 43

61

G5 4956 3116 486 042 57

14 715 80

9634

62 6157 4531 9827 927 204 98

5427

53 0039 5515 82

1 21

4836A12

*

43X

i9>

•a

With

*

# 5 6362 4012 326 00

95 7680 6451 8424 96

174 57150 2353 4925 0112 21

60 2733 4012 m6 53

156 001*4 78101 6492 0445 7839 2412 366 00

160 00114 0068 0012 30

24 4818 3612 246 12

9

XS

m

I.3

|

15

$21 5314 40

32

11 768 643 84

96

64 5742 235 491 01

21

11 772 9 0

1903

36 0030 7817 6414 043 783 24

36

40 0018 008 00

30

48362412

Q

Office number.

2 I§2

sQ

I5

c =r^££o

c = -- -^ -4 i^5oa:

88888 888888

na

88888S 888888

t-* tC «i- & O I<-tc — x S x o§88888 8888888

X U W 3 O —I

^ tS S § §t c tc >e» 3x os ics c~.

Series number.

Shares outstandiag.

Amount paid p«»r share(insta Iment dues).

Net holding ralue per share.

Profits per share.

I

: : : : -.: j ; ; :

ft

Id

iWithdrawal value per share.

Withdrawal profits per share.

GO

wo

Ito1 4

2a.3

3Cu

7o

B

I!

1

s

I

2

f I| 3

SffiOOOoC8OHS6C1 » - » - » 5 i 3 - oo ^ - OS SO - 4 ri ?S S ^

88888 88888 888 888118 38 88888

* - ^ 00 gl r ^

OIBee number.

Seriei number.

ShareH outstanding.

Amount paid per share(installment dues).

Net holding value per share.

Profit* per share

Withdrawal value per shar*.


OoI

boa

o

oo

CO


TABLE 5.—BTJILDING AND LOAN ASSOCIATIONS OP NEWJERSEY—VALUE OF SHARES—Continued.

OAMDEN COUNTY—CON.

Camden City—State Mutual

LOCATION AMD NAMK OKASSOCIATION.

Caraden City—Stockton..

62 Berlin—Building and LOAD.

65 Collingiwood—Mutual... .

66 Gloucester City—Improrement

67 Gloucester City-United Mutual...

61 Olementon—Building and Loan...

1std

17th18 th

1st2d8 th

12 th

63 Cheailhurat— Building and Loan.. 1st1 2d

6thOth

l i t

1st

5thOth

Ut2d6thOth

10th17 th20th2fith20th

1,3081,675

245073

420

5920635857

31

75452430

82U30 \\271877

62128174

MnII

1 0060

24 0012 00

HI 0079 0042 001H 0012 00

72 0000 0024 0012 00

3

5

86 0030 0012 00(J 00

72 25oo 2524 2512 25

132 001

ii8 oo!84 0024 0012 00

$9 8-10 251 Oil5 0 .

I

2512 34

114107 5453 1221 2313

07 0278 0(12(5 8812 72

12 001 12 4!>

41 4033 7512 00:

0 16

08 6870 2328 2413 85

180 131H4 00107 0027 0318 80

1 3934

H) 9528 6411 123 232 77

26 9218 OO2 8872

49

A 403 75

0016|

54 1340 00;23 0018 03 i1 801

$21 Of12 24

i)8 7001 HI45 0818 6012 30

84 90Ot) 0025 4412 86

39 2432 2612 800 Oil

20 2g 87 0918 98I 70 18:i 99 25 341 001 12 88

109 00149 0095 5025 0012 00

•Dues and 6 per cent, interest annually.

3o•d

5 *

If

>-i K> OS 00 +» CR

to c> ?o oi»i-o

td

89

? *

mo >•

£ If §

9

tO H OC CC » C !JC s !?> M Ot ry S'S'P'ar

-T * . Oi W *>• MOr iJ I—* O> W •—» ~

S S 8 ggggg S5S5 gggg 8S88888

S;S^SIK§gS

tOH^CA M W W 4

MlOO

QOMQ

OflBoe number.

Series number.

Share* outstandiag.

Amount paid per share(inata.Jment duei).

Net holding r«lue per share.

Profits per share.

Withdrawal ralue per share.

Withdrawal profit* per share.

td

Qo

•58

<

mtdar1

o

•CO

So

O


TABLE 5.—BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—VALUE OP SHARES—Continued.

I1

7fi

77

78

70

HO

81

8 1 ^


CAPK MAY COUNTY—CON.

Ocean Glty—Building and Loan...

flea Isle City—Building and Loan..

South SeaTllle—Loan and B'd'g

Tuokahoe—-Building and Loan

CUMBERLAND COUNTY.

Bridgeton—Merchants' and Me-

Bridgeton—Saying Fund

MlllTille—Columbian

1S

erie

s n

um

l

2dMd

10th12th

lHt2d6th

lnt2d7thoth

10thl l thl l th20th21st

14 thIfithloth22d2Md

lMthMth18th22d2Md

lothllth14th15th

l i t

bib

TI

tan

Shar

es o

uts

12

Mil1M2

(51

150

MYMM

8

M4

14M(iHM

40Ml547ft

102

114170M32(542(527

50(14MH(5428(51

u«e

Am

ou

nt p

ai(i

nst

a Im

en$1M2 00

120 00M(5 0012 00

70 00(50 0'•»12 00

(50 0054 0024 (H)12 00

144 251M2 250(5 2ft24 2512 25

120 00108 00

(50 0024 W12 00

1M2 00120 (H)72 0024 0012 00

1M2 00108 00Mil 0012 00

12 00

shar

e.3 p

er

S3

.2

'o

ID

#lOM (12170 Mfi80 8;12 87

80 4774 MO12 57

7M 3464 012 0 MIS

1 2 !1M

205 12182 28122 8M

2(5 401M 0(5

17(5 8715(1 OM71 0520 2512 1)2

182 551(51 4188 1425 fll12 MA

170 7(5142 2041 (581M (55

12 4M

Pro

fits

per

i

$01 (1250 85

M 8M87

10 4714 MO

57

1M M410 i l l

2 M(l(1M

150 8750 OM2(5 68

2 2481

M 8748 OM11 052 25

02

50 5511 411(5 I I

I (11M5

47 7(5Ml 20

5 m1 (55

4M

shar

e.i'i

i per

d«

Wit

hd

raw

al

ftlMH 1(1125 OM

:i(i 3812 OH

HI H6(57 1512 0(1

(15 MM5 8 Md24 2M12 00

205 12182 2H117 51

24 7012 MM

148 IM1M2 4(5

(15 5225 1212 4(5

177 40157 2(5

81 (1824 M212 m

174 081MH 7HMH 2(512 00

12 25

* sh

are,

il

1to

1

Wit

hdra

wal

|(> lfi5 03

3808

11 HO7 15

Ofl

5 MM4 M(5

23

(SO H750 0321 26

4508

28 4324 4(5

5 f.21 12

4(5

45 4037 2(5

i) (5832

42 1)8MO 78

2 26


TABLE 5.—BUILDING AND LOAN ASSOCIATIONS OP NEWJERSEY—VALUE OF SHARES—Continued.

£

1

82

83

84

85

86

87

88

89

LOCATION AND H I M * 01"ASSOCIATION.

CUMBERLAND COUNTY—Cow.

MilWille—Hope

MUlYille—Institute

MUlTille—Security

Vineland Mechanics*

ESSEX COUNTY.

Belleville—Building and Loan

Belleville Home

Bloomfleld—Building and Loan...

Bloomfleld—EBB«X Go»nty —

-J5S

erie

s m

2d6 t h

nth12th

1st2d6th

10th

7th8th

12th16th17th

7 th8th

12th17th18th

14th15th18th23d24th

1st2d3d

1st4th7 th

1st3d6th

$a

3o

XI03

84*K193j$434J^463

1636294U

419*4

9 8 ^108148§£314^5

22236213290444

155874

203268

231128313

218176243

310315

1,066

.a .

paid

en

tc

siBa

$132 0084 0024 0012 00

120 00108 00

60 0012 00

132 00120 00

72 0024 0012 00

120 00108 00

48 0012 006 00

132 0Q120 00

84 0024 0012 00

36 0024 0012 00

84 0048 0012 00

96 0078 00

6 00

shar

e.ae

per

i

"5tc0

Net

hol

d

$184105

2512

160

27167243

12140 527012

181161

86

1244

6002U

25 7012 44

190 7fl160 01

56126

277924

196 08172107

2612

29905290

40 512512

1195712

131103

9548

819564

3219

6 33

are.

Xi•

Pro

fits

p

$52 '2721

1

40

10

4941121

167243

12521244

6002847044

70 7962 01

8 277924

64 085223

2990

2 52

4

90

511 95

48

35 819 95

54

35 3225 19

33

Is.sH

j$184 27

102 3024 9712 21

160 12139 87

67 4912 22

181 60161 02

83 >524 9612 22

168 00146 88

51 3612 006 00

192 87164 44

95 9524 2512 05

38 7024 9fi12 00

95 7651 8412 24

120 7293 12

6 0 0

|

2a,k

Wit

hd

ra

$52 2718 30

9721

40 1231 87

7 4922

49 6041 0211 95

9622

48 003H 88

3 36.........

60 8?44 4411 95

2505

2 7096

11 783 84

24

24 7315 12

*.


TABLE 5.— BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—VALUE OP SHARES-Continued.

90

91

92

ESSEX COUNTY—CON.

Oaldwell—Building and Loan

Bast Orange—Building and Loan.

Franklin—Building and Loan


93 Irrington—Building and Loan

94 MontoUir—Building and Loan

95 Orange—Building and Loan

Orange Valley—Build'g and Loan

97 Sooth Orange

1st2d

1st2d6th

lit2d7th

1st2d4'h6th7th

1st2d7th

1st2d

10th

1st2d3dOth9th

loth

1st2d4th6th

03

500400

1,144

472126370

333118101145157

612349

1,573

341367361

602838594927H

18314206279

m12

726012

847224

725228164

837212

827112

60fi448no120

72603612

0000

000000

000000

0000000000

000000

000000

00

oo00000000

00000000

$25 3312 45

80 4273 5H13 05

120 4808 5726 41

92 1262 4('M 0410 Of]4 06

107 1800 4412 63

107 1480 8112 54

71 21)63 6255 Oft33 3512 866 44

91 4673 5140 8612 54

17 4213 :>H1 Of

36 4826 57

2 41

20 1210 40a 04

00

24 1818 44

63

25 1418 81

54

11 200 627 953 35

8644

10 4613 514 86

64

#24 0012 00

82 80 $10 8067 50 7 5012 30 30

95 7680 6412 24

80 6456 5121) tU16 323 00

103 3386 2312 19

98 8183 6012 00

67 5300 1052 1831 4812 146 00

84 0669 0030 4212 24

11 768 (54

24

11 485 891 73

67—16

20 3314 44

19

18 8112 60

7 636 104 181 48

14

12 989 003 42

24

2*

3

!

-IOtf»C0

8888

2

99

I|P

2I

!2

I8 .

832S

JLSJJL 88888 88888 88 888 " 8888 8888

CJOCC O

S888 88S88- 88

! i S

Office number.

Series number.

ShareB outstanding-

ount paid p**r sJmrei l l i i t dues; .

Net holding value per share, i

Profit* per share.

Withdrawal value per sharp.

Withdrawal profits per share. 3

o

•

bda

o

S5

oCO


TABLE 6.—BUILDING AND LOAN ASSOCIATIONS OPJERSEY—VALUte OF SHARES—Oontinued.

Iafit

107

108

109

110

111

"112

113


ESSEX COUNTY—CON.

Newark—Fireside ,. . ... ... .. ... ..

Newark—Fourteenth Ward ...

Newark—Firat Italian

Newark—Fraternal.......

Newark—Qerman.......

Newark—Grand.. ..•••

Newark—Hear th<; tone

iaaa

ries

s

lf»t2d5 th(ith

1st2d5thuth9th

loihlath14th17th18 th2fith27 ih29 th

1stIth

1st2doth

2d4th7th

1st2d

1st2d9th

'aa«

oats

ares

883

15510814

974412238;u)9208224164248277420484aa927!l

a 13110

fiO5

472

814243502

52985

57491

285

«is

X3

ila —•S3 00

| |

#84 00110 0024 0012 00

87 0084 0075 0072 006a oo410 0061 00•18 00a 9 ooan oo12 009 00a oo

3a oo12 00

72 OO60 0012 00

120 0000 0012 00

24 0012 00

54 0047 00

0 00

©

09

ai

i per

aH>•

60

.sA

74 OH21 i 8!>la 64

115 60110 7496 a491 UK78 097a 70HO 0 251 \ HO44 8440 fiH12 (U9 aaa 06

a7 lo12 54

91 117a 2712 5a

174 007a 6112 69

25 4312 ao

H5 1756 01

6 47

re.

a)

per t

ofits

MIX,

$25 as14 082 8!)1 64

28 6li20 7421 at19 ftK15 09la 7o9 92H 805 844 98

59

aa05

4 1054

10 1113 27

53

54 00la 61

60

l 4a

11 179 01

47

i- a«

per

a>0

I"3»9«

ithd

r

fl!lO3 0067 3224 0012 00

•107 00102 7287 80w SI70 54i'»6 8554 97

40 7537 5012 069 00a oo

12 00

84 9669 0012 24

174 0060 0012 00

24 0012 00

57 3648 80

6 00

i•I2

1]

l l ! ) OC7 32

20 0618 7212 80U HI7 546 85H 973 521 751 50

06

1 87

12 989 OO

94

54 006 00

3 35180

* The withdrawal value 1B bated on a rule allowing 10 per oent. of the profit on a •hare for•aoh year it has existed, and the total dues paid In, yiz.: after the first year, 10 per cent.;•econd year, 20 per oent.; third year, 30 per cent.; fourth year, 40 per oent.; fifth year,50percent., eto.

CO-OPBRATIVB BUILDING AND LOAN ASSOCIATIONS. 421

TABLE 5.—BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—VALUE OP SHARES-Oontinued.

1

LOCATION AND HAME OFASSOCIATION.

nif

Is.

I

ESSEX GOUNTY-Cos.

114 Newark—Home

Newark—Howard .

116

11

118

Newark—Knight8 of Pythia*..

Newark—Line o ID,,

Newark—Mechanics'....

119 Newark—Mercer.

120 Newark—Modern .

121 Newark—Mutual...

122 Newark—Newark .

l e t ( 1,2342d i 607th 244

$108 00 $148 2881 00, 103 6712 00 12 50

$10 28 $!4* 00 $38 0022 67 i 91 S3 10 93

501 12 00!

1st I 413^! 108 00| 150 83 42 832d 46{*ki JMi 00, 130 63 34 639th 898 5? 12 00 12 80 80

1st2a7th

2d7th

1st2d5th6th

1st2d3i

1-t

724286743

574130372

457204187387

1,127368391

074140

38th 1239th 5576th I 31379th 205

1st2x18th

7604979

84 0072 0012 00

84 0072 0012 00

108 0084 0024 0012 00

30 0024 0012 00

12 007 00

126 00123 0012 003 00

120 0072 0010 00

110 4692 0413 41

113 1393 4012 55

156 60113 4326 4012 60

41 8526 5412 88

13 017 43

194 09188 15

12 943 22

171 8190 4710 36

26 4620 04

1 41

29 1321 40

65

48 6529 43

2 4060

5 852 54

88

1 0143

68 0965

146 55125 44

12 24

107 6284 9812 24

105 8584 8412 00

151 65101 6424 9612 24

36 0024 0012 00

12 007 00

I «

51 3118 47

36

103 0080 64

38 56£9 44

23 521 2 %

24

21 8612 84

43 6517 64

24

48 008 64

10 00|

* Not reported.

50CD

S S 2 ?

UtCX vJtJ

13o5"

I= • 8

Office namber.

Series number.

Shares outstanding.

gjggg gg

fcO S3 3 D * . SO «D tO

g g s g§§ gg8


25 tssNet holding Talue per share.

Profits per share.C-JUA*

gggg o o o

i §8g

Withdrawal ralue p*»r s


§;

M

H

ao

aH

2

CO-OPBRATIVE BUILDING AND LOAN ASSOCIATIONS. 423


i§

o

132

133

134

135

136

137

138

LOCATION AMD MAKE OFASSOCIATION

ESSEX COUNTY-CON.

Newark—Roseville

Newark—Savings

Newark*—Security

Newark—Serenth Ward

Newark—State

Newark—Standard

Newark—Tenth Ward..

ber.

a

Ser

Ut3d5th7th8th

1st2d6th7 th

let2d5th6th9th

10th14th

1st2d6th

let2d5th6th7th

1s t2d6th7th

1st2d7th

12th

a

1-8o

£CD

7071942425,31476

023149332697

1149373103 U8 8 ' "6 4 ^

215 \A3 5 3 ^

3879187

383291175250130

879483548*39

1,68775

242^373

£m ^

fe ©

Si

tpa

im

en

i!sS

$96 0072 0048 0024 0012 00

84 0072 0024 0012 00

108 0096 0060 O054 0036 0080 00

6 00

24 0021 00

4 00

60 0048 0018 0012 00

6 00

91 7578 2526 0013 00

72 0066 0036 00

6 00

1I1a

1

$126 3787 7354 6525 5512 37

111 3992 6726 3912 52

149 44128 76

72 7964 3640 6033 19

6 13

25 8022 56

4 20

73 4056 5818 8112 536 13

125 21102 6728 6913 07

91 4882 3440 87

6 13

4>

«

I

1

$29 3715 736 651 55

37

27 3920 672 19

52

41 4432 7612 7910 364 608 19

13

1 80155

20

13 408 68

815313

33 4624 422 69

67

10 4816 344 87

13

c

A

S0.a"3

1

%

$120 9783 8052 3224 8512 19

104 5880 6424 7211 85

145 30112 3864 4757 1037 1530 006 00

r *

66 0051 8418 8111 905 90

122 7598 2526 0013 00

83 6874 9837 466 00

uCDa5cd

a.

I|

$24 9711 804 32

8519

20 588 «4

72- 1 6

37 3016 384 473 101 15

•

6 003 84

81-10—10

31 0010 00

.........

11 683 98146

.........

*Not reported.

E99

Office number.

3 3

5"

3

7 1

*« | | £ £

^s = •ss;ggg gg 5 5 5

^ = ~ ?.

<— i; ca ic— C =; K:

ggg B?5 :=.3C-»

Series number.

Shares out*landing.

Atnoant paid per share(iasta Iment dues).

Net holding ralae per share.

Profits per share.

Withdrawal ralne per share.


g01

?* OQ

53

o

s


TABLE 5.—BUILDING AND LOAN ASSOCIATIONS OP NEWJERSEY—VALUE OF SHARES—Continued.

LOCATION AND KAME 0»ASSOCIATION.

am

1

2d3d8th9th

1st3d3d4th

7th8th

11th13th16 th17 th

8th9th18th19th20th

9th10 thlflih17th

11th12th17th18th

12th13'h16th18th21»t

22d

•

aat

s3O*

JS

ec

10662134123

37746211235

5726692664

2749114132115

156858060

16554948

209173J^277800%

1,0481.110

©m

« -A

* "

"3 a

*» s

si

$132 00108 0018 006 00

120 0084 0048 0012 00

132 00120 0084 0060 0024 0012 00

132 00125 0036 0024 0012 00

109 0097 0025 0013 00

144 00132 0048 0024 00

132 00120 0084 0060 0024 0012 00

Ip.

3

1

GLOUCE8TBR COUNTY.

147 Clayton—Building

148 Glassboro—Loan and Building

149 Mullioa Hill—Building and Loan.

150 Paulaboro—Loan and Building ....

151 Swedesboro—Loan and Building.

152 WilHamstown—Monroe.

153 Woodbury—Real Estate..

8189 17 857 17146 27 3H 2719 06 1 066 12 12

166 41108 1967 0312 80

186 28163 87104 4369 6125 8412 95

195 10178 8239 8426 6212 00

I'M 17127 0426 3613 37

199 00177 0953 6525 18

186 40167 31110 4375 8028 2413 98

46 4124 199 0380

54 2843 8720 439 611 8495

C)3 1053 823 842 62

42 1730 041 3637

55 0045 095 651 18

5t 4047 3126 43154 V41 98

§154 80 $1' 80123 31 15 3118 00!6 00

138 5092 461

18 508 46

49 80; 1 8000

183 56 51 56159 48 39 4898 30 14 3064 801 4 8024 64! 6412 28 28

194 77172 5438 1624 5012 00

140 63117 0325 2213 03

188 00168 07,50 2624 23

180 00159 66102 3269 0425 3612 36

62 7747 542 1650

31 t>320 03

2203

44 0036 072 2623

48 0039 6618 329 041 3636

7•3«

0»

I

102

m

»

IIngand

r1

s

IPsr: x"*. xtc x - 5

tC — _ t^

§55§

* - - * —'6S«* — C^K

— tC 3D

S S 9 »

m5io

at"

10thnth14 th10th20th

tc »-•

Ellis—

t_ — — _ t_

sss§§Eg=gg

2S5x*

-gg = |

g3

100

m;*I1io

nand

Wearn

JJ = IC

111,— ic-jractc *• *c • •

S =85

= g g §

B 8 S g

159

?oaa

TPamrs

?

gggasg

tc *» — xJSS55S

-a-.St8to 55 JÎC

ssssss

CDsnne—

|•

1,178757U

45820

• to *•: Offl-I: totoo

oaao

Build

a

I|S£

** — i~i55S5

-gxg

| »|{%

>-t

5"gton-

8

USE

-5 555

OOO-IS€

g

>S3

OK}

T sS. °5* ow» Op C

o

*

-

80 10

Office number.

I

AB

80CI

P »c

Seriee namber.

Shares outstandiag.

Amount paid per share(installment dueg).

Net holding ralae per share.

Profits per share. !

I• |

Withdrawal value per share.

JWithdrawal profita per share. Jj

o . -

pi

ILa

10

f& QQ

GOH

W

o50

Co OPERATIVE BUILDING AND LOAN ASSOCIATIONS. 427


LOCATION AND NAME OF, ApROCrATION.

5

SI•

I

HUDSON COUNTY-CON.

163 Town of Union—B'd'g and Loan.

164 West Roboken—Palisade..

1st2d5:h

1st2d3d

365 Jersey City—Bergen Mutual No. 2.. *lflt

166 Jersey City—Bergen Mutual No. 3. 1st

947751391

55324958

881

1,085

I167 Jersey City—Caledonian..

168 Jersey City—Oarteret.,

169 Jersey City—Columbia..

170 Jersey City—Comnounipaw..

171 Jersey City—Crescent ,

172 Jersey City—Enterprise.

8th 2159th 278

1st2d3d

1st2d

6th7th

2d4 th

1st2d4th

629658851

724

823

36874

204

1,095

1,07715778

$48 003(3 0012 00

32 0021 00

9 00

79 00

72 0024 0012 00

39 2526 0013 00

86 0069 0033 0021 009 00

24 0018 006 00

26 00

72 0048 0012 00

$57 3040 9312 51

107 7127 9713 00

45 5028 7813 69

114 4087 7037 1022 659 31

25 4718 836 09

97 0659 1412 69!

|9 304 9351

34 75! 2 7522 18 1 189 23 23

188 00

21 75

$52 72j S4 7238 43, 2 4312 OOi

33 2821 009 00

35 00

9 75

35 71 80 643 97, 24 961 00 12 24

8 649624

6 25 43 00 3 752 78 27 59 1 5969 13 34' 34

18 70|4 10

22 7228 40 108 72' 82 09

35 28j 2 281 65 21 741 7431 9 OOi

1 47 25 3083' 18 6709 6 00

2 65 27 65

25 06 80 0011 141 50 00

69i 12 00

1 3067

8 002 00

" Terminating.


TABLE 5.-~BUILDING- AND LOAN ASSOCIATIONS OF NEWJERSEY—VALUE OF SHARES—Continued.


?!

41

to.9

2

I•a'

HUDBON COUNTY-CON.

Je r sey Ci ty—Erie .»,»•«

175

170

177

Je r sey Ci ty—Excels ior

Je r sey Ci ty—Exce ls io r No. 2..

J e r sey Citjr—Fairmount. . . .

178 J e r s ey City—Gar field..

179

180

181

Je r sey City—Green vil le, ,

J e r sey City—Greenvil le, No. 2..

J e r sey City—Greenvil le Un i t ed . .

182 J e r s ey City—Highland. ,

183 Jersey Ci ty—Home. . , .

1st2d

10th

*lBt

1st

5thIHh

*lat

1st2d6 thOth

4th6 th

11th

lit2d6th

2d

*lat

•1st

27116175

1,072

1,106523'188870

1,247

882

3008H2

408681043

407551571

070517

1,218

006

$71 0069 0011 00

$96 8073 5111 42

130 00 180 03

104- 00 142 0358 50 70 7:19 60 20 806 50 0 80

78 25 96 07

83 00 112 0660 00 76 6024 00 20 4812 00 12 62

143 00117 00,18 00

254 4o185 8013 01

117 00 211 0178 26 106 7613 00 14 49

25 00 82 8218 00 14 0«

88 75 46 90

$25 80 $83-75 $12 7514 51 04 00 6 00

42 11 22 22

50 03 1S-.1 00 54 00-

38 63 134 0012 22' 00 501 30. 20 0030 0 00

18 42

20 0G16 602 4862

111 4568 30

01

114 012H 601 40

7 321 98

V 15

101 25 144 39 40 14 137 26 83 00»

80 00

30 00«8 00

11 32'

95 78 12 7fi-64 DO 4 9024 30 3012 00 •..,«„„

209 82145 9713 00

102 2006 7713 00

20 3818 36

41 04

6( 8&28 80-

7f> 201« 63*

85'

• Termiaating.

f

g££=:

-> bS S i -JO tO3

assss»nocnO!COOOl-Ociocioo

BBSS

•7

Q

f t u a1 §a 8s s

g g g

CO tii.OClO CO O CO 4^cc <r cc cj =5

SSB?

^ a

8§S

1 gg

Office tmmbef\

Series number.

Shares outstanding.

Amount paid per share(installment duet).

Net holdisg yaltie per share.

Profits per ghare.

Withdrawal yalae per share.


tHl

i*8

H

02 030Q1

© CO

oo

wd

a

oo

So

CD

I C{ I I5

O ©

? 35. C!

OfSce number.

Serie3 number.

X8SS Shares outatanding.

§§§8 g g g g g g § § § gggg

Amount paid per share(installment duei).


Profits per ihare.ggg:i

gg ggsWithdrawal value per share.

= 2S2 -: SSSS I g—Withdrawal profits per share.

CO-OPERATIVE BUILDING- AND LOAN ASSOCIATIONS. 431

TABLE 5.—BUILDING- AND LOAN ASSOCIATIONS OF NEWJERSEY—VALUE OF SHARKS—Continued.

Off

ice

nu

mb

er.

203

204

205

206

208

209

2 0 9 ^

210

211

215

2ir

LOCATION AND NAME OFASSOCIATION,

HUNTERDON COUNTY.

Flemington—Building and Loan..

MERGER GOUNTY.

Trenton—Mechanics*

Highfcfitown—Building and Loan.

i-TrtrkAWAll TCuildLint? and L o a n

Pennlngton—Building and Loan

MIDDLESEX COUNTY.

Xew Brunswick—American

J1 New Brunswick—Sec'd American

1 New Brunswick—Excelsior.

' S

erie

s n

um

ber

.

*lst

6 th7th

14th16th17th

7th8th9th

9th10th11th

1st2d3d

1st2d

1st

*lst

*lst

*lst

*lst

Shar

es o

nts

tan

dit

989

250.372413480362

251333330

265365440

4331823

326168

363

418

704

1,801

2,724

%

liIs$12 00

144 00132 00

48 0024 0012 00

137 0089 0050 00

116 0078 0029 00

36 0024 0012 00

120 0036 00

12 00

48 0C

144 0C

72 oc

GO (X

<D

l©

1be

. R

•3*3

,q

ft

$12 09

199 62176 12

52 9725 1512 29

158 8795 9153 57

127 5684 0730 45

40 62V0 0512 51

166 8638 63

12 31

63 74

197 00

90 64

76 01

Pro

fits

per

shar

e.

$0 09

55 6244 12

4 971 15

29

21 876 913 67

11 666 071 45

4 622 05

51

36 852 03

31

5 14

53 0C

18 6

16 0

per

shar

e.W

ithd

raw

al v

alue

$18 00

192 68168 0650 1624 0012 00

158 8795 9153 67

127 6684 0730 45

36 9224 2012 00

120 0036 00

12 00

48 00

t

81 0C

66 0(

6

&•

I0Q

O

&

1

f 48 6836 06

2 16

21 876 913 57

11 666 071 4 5

92'20

t

9 00

6 00

* Terminating. f Not reported.

a

5

crj>.

Sa*o

*>

&J>B

1I

w5

I

Office number.

!i

r f

5 S ^

8 S § ggjg gggg

Hi

SerieB number.

Shares outstanding.

Amount paid per share(instalment dues).

Net holdtag ralue per share.

Profits per share.

Withdrawal yalue per share.


ai

i

1

3

fQO

a

d

it>tiif*0

«

§Q

>

SO]

o

f

O

1Is

O

I

CO

to

;?:»v#W

OO-OPERATIVE BUILDING- AND LOAN ASSOCIATIONS. 433

TABLE 5.—BUILDING AND LOAN ASSOCIATIONS OF NEWJERSEY—VALUE OF SHARES—Continued.

LOCATION AND NAME OF•ASSOCIATION. 1

!S3

*abD

s

227

228

MONMOUTH COUNTY.

Asbury Park—Building and Loan.

Atlantic Highlands—Saying Fund

229 Belmar—Building and Loan

Freehold—Mutual

233

238

232 Long Branch—Building and Loan

Manasquan—Squan Village

234 Matawan—Building and Loan, ,

Red Bank—Building and Loan

10th11th18 th19th

1st

Cth6 th

4th5th10th11th

6th7thMth15th16th

4th5th6th

*lst

1st2d5th6th

14545716751

427102171205

38088

439306

394

8584240410331

124090546

344

843157320322

$120 00108 0024 0012 00

72 00ttO 0024 0012 00

24 0012 00

96 0084 OQ24 0012 00

132 00120 0036 0024 0012 OQ

99 W54 0024 00

60 00

72 0060 0024 0012 00

$176 05154 14.27 2013 03

87 4'73 9629. 2713 18

26 $818 17

124 8410* 9725 9112 46

193 7S171 9340 5926 4018 70

130 3663 3325 84

69 3

87 8570 6125 912 5!

$56 0546 143 201 03

15 4713 065 271 18

2 981 17

28 8423 971 9146

61 7351 934 592 4970

31 369 331 84

9 31

15 8510 611 91

$170 44 $50 44144 91 36 9124 32 3212 00

79 7306 9826 6312 59

2* 2912 00

115 2399 9824 6712 15

184 07162 9638 5724 0012 00

114 6858 &24 61

60 00

78 3'63 1824 0011 62

7 736 982 63

29

1?) 2315 98

6715

52 0742 962 57

15 684 6761

6 343 18

•Terminating.

29

Net holding yalue per share. ;

Withdrawal value per ahare. |

GO

oi

1

I3

I

I

1

i bi to»-;

lOMacoiÔOwcnIO »— >-» CC t r - I C V-» >-»•

cnwwo O3c;:ta

H-> to Cv - Ci cc I

ggggggggg gggg g ggg gggg gggggg gg

w o o o 00 s c^ oo tf- i-1

tocnS-w oa toootli. CO r~t p>. CO !P Oi ~I

•'tocnoâwo^QOOit^ CO^toco o o K -T -i S

Office Bumber.

Series number.

Shares outstanding.



Profits per share.

O OS Oi—-4 ~- O to Jt

MtociaO rf^ CJ IC CO M C C W

13 80

M

&£&t i i»—«co

to OOi -Jt

cnr-oo S 2S S H ^ S CO il5 >£- Cl W tO IOH^ w: tr- Ci. tfi ~^ 5 '

v-i to - 5to w ic »i

SSSs

•



& CD

Qo

1q

ao

C7t

Office number.

-i?2. *°a? >

4 Im O

ggggggg

ts i-* o »t-s t IC - T «S »&• CC- CO in C; cr 3C O -» -

Series number-

Shares outstanding.

Amount paidp^r share(instalment dues).

Net holding ralue per share.

Profits per share.



^

CO t >

H CQ

H5

oI—i55

I

I

p.

f

g g g

i-1 w * *

g g g

S1

to «> co oo oo

ggggg

-»COCJ1003

I

oa

5.1a asCQ O

5= K

s g

= 8.

to i-1

SIS

ggs gggg g g gto to

gg g g g

§•

sMClW©if-to tocs

C7i M O

180000

M lOCO

ggg

Office sumber.

Series number.

Shares outstanding.



Profits per share.


Withdrawal profits per Bhare.

*<

'$q

W

1Q

g1gpCDP-

0

IT1

o•3

>

Q

0

03

0»=5l%hrf

^

Oo

HM

to

oSzJ

OOQH4

o

i

j Amount paid p*»r sharef (installment dues).

CO

8SS

W O O

1 sQo

g g g

§ s

g g g

I O

OfBce nutnher.

Series number.

Shares ontstandiag.

Amounb paid per share(insta Iment dues).


Profits per share.



e

Q ^

03 t>

ai

i

Ooi

3tea

w3

00GQOQI—I

IS

CO

APPENDIX II.

Decisions of New Jersey Courts.

GROSS DEDUCTIVE PREMIUM PLAN LEGAL—REASONABLE FINES—

WHEN COLLECTIBLE BY FORECLOSURE OE MORTGAGE DEBT—

WHEN INTEREST BEGINS TO RUN ON MORTGAGE.

Lincoln Building and Loan Association v. Bowen.

The bill in this case was filed to foreclose a mortgage, on landsin Jersey City, securing a bond. The complainant is a corpora-tion organized under a an act to encourage the establishment ofmutual loan, homestead and building associations," approvedApril 9th, 1875 (Bevision, p. 92). The defendant, Bowen, is theassignee of Clark and Demarest, the obligors in the bond, underthe Insolvent Debtors' act.

The case shows that Clark and Demarest were members of theassociation, holding forty shares of stock therein, and that onAugust 4th, 1891, they agreed to borrow of the association $8,000,and to pay for obtaining such loan in advance of other membersa premium of $1,000. In pursuance of such agreement, the asso-ciation paid to Clark and Demarest $7,000 in cash, and they gaveto the association the bond and assignment of stock and the mort-gage in question. Subsequently they failed to pay the dues andinterest required by the condition of the bond, and after they hadbeen in default for six months this suit was brought for the re-covery of the balance of the $8,000 and interest, and of finesimposed by the association under its constitution and by-lawsfor non-payment of dues and interest.

. (441)


IN CHANCERY *

That part of the contract which must be considered in decidingthe questions raised in this case is expressed substantially in thesewords: The obligors shall well and truly pay to the complainant$8,000, in the manner following: By the payment of dues oftwenty-five cents per week, on the first and third Tuesdays ofeach month, on each of the forty shares of the fifth series of thecapital stock of the association owned by the obligors, during theperiod of this loan, together with interest on §8,000, to be com-puted from the date hereof, at the rate of 0 per centum per an-num, payable as follows :

At the expiration of three months from the date hereof on thewhole principal sum, and at the expiration of each succeedingthree taonths, on the amount of the principal found to be due atthe beginning thereof, after deducting all previous paymentsmade on account of the principal, being the amount of dues paidon the forty shares during said three months, as provided for bythe constitution and by-laws of the association, which have beenduly assented to by the obligors, and made a part hereof.

My conclusions on the questions raised are:1. The complainant has a right to collect reasonable fines for

non-payment of dues, Glarksville Loan Asso> v, Stephens, 11 0.E. G-r. 351. I doubt whether the fine originally imposed wasreasonable, but complainant has reduced it one-half. Such re-duction, I think, makes it reasonable.

2. The complainant has a right to recover fines for the non-payment of dues as part of the debt secured by its mortgage.The constitution and by-laws of the association are, by expresswords, made a part of the contract, so that the rights and obli-gations of the parties, in this respect, stand, in point of law, pre-cisely as they would have stood if that part of the constitutiongiving power to impose fines had been incorporated in the bond.The bond in Union Building Loan Am, v. Masonic Hall, 2 Stew,389,391, provided that the obligor should pay interest, " togetherwith all fines that may have been incurred under the provisionsof the constitution," and Chancellor Ruuyon held that the fines

•Van Fleet, V. 0., July 12th 1893.


constituted a part of the debt secured by the mortgage. As inthis case the constitution is made a part of the contract, the bondmuBt be read aa though it contained an express provision thatfines imposed for the non-payment of dueB should be considereda part of the mortgagor's debt.

3. The case cited decides that fines incurred subsequently tothe commencement of the suit to foreclose are recoverable. Thatdecision is, in my judgment, clearly right, and it will be followedin this case. .

4. I am unable to see how that provision of the constitutionwhich confers power to impose a fine for non-payment of interestcan be enforced in this case. This provision first declares that ashareholder, for neglecting to pay his weekly dues as they becomepayable, shall for each such neglect pay a fine of five cents oneach share of stock held by him, and then adds, " and a like sumon. interest due on each share borrowed on." The importantwords are " on interest due on each share." Under the contractno interest could become due on each, share or on the moneyloaned on each share. The obligors made no contract to pay in-terest on several distinct loans, or to pay interest on the specificsum loaned on each share of stock they held. On the contrary,their obligation, as expressed on their bond, is to pay interestevery three months, first on the whole sum of $8,000, and thensubsequently on such part thereof as shall Qot have been paid bythe payment of the dues on their stock. A fine can only be im-posed for a default in duty or obligation. As I understand theterms of the bond in this case, no default in the payment of in-terest of the kind contemplated by the constitution can occurunder this bond. The fines for non-payment of interest soughtto be recovered in this case must be disallowed, for the reasonthat under a contract like that which the obligors have made nopower to impose fines for non-payment of interest is conferredby the constitution.

5. The obligors in this case bid ofi a loan of $8,000 at a pre-mium of $1,000. The complainant subsequently advanced$7,000 and took a mortgage for $8,000. Transacting the busi-ness in this way, it is,claimed, made the mortgage usurious tothe extent of $1,000, or at least that no interest is recoverable on


the $1,000 agreed to as a premium. I understand the law ofthis State to be firmly settled the other way. The statuteexpressly authorizes all corporations like the complainant to takea premium for priority of loan, and declares that no premium sotaken shall be deemed to be usurious. Jtev. Sup. 70. In

Mechanics Loan Asso. v. Conover, 1 McCar. 219, it appeared thata loan of $2,000 was sold for a premium of ten per centum.$1,800 was advanced in cash, and a mortgage given for $2,000.Chancellor Green held the transaction to be valid, and gave thecomplainant a decree for $2,000 with all arrearages of interest.This case, on this point, was approved, on appeal, by the Courtof Errors and Appeals in Herbert v. Mechanics7 Loin Asso.y 2 0.E. Gr. 497, 504, and was followed by this Court in People's LoanAsso. v, Furey, 2 Dick. 410. Mortgages given for the premium,as well as the money actually advanced, were held to be valid byChancellor Williamson in Savings Asso. v. Vandervere, 8 Stock.382, and by Chancellor Runyon in Freehold Loan Asso. v. Jtrown,2 Stew, 121. These cases settle the question, attempted to beraised, finally, so far as this court is concerned. The $1,000agreed to be paid as a premium constitutes a part of the debtsecured by the complainants' mortgage, and carries interest fromthe date of the mortgage.

6. The remaining question is, Is the complainant entitled torecover interest on such part of the money aecured by the mort-gage as was not passed over to the mortgagors at or before thedelivery of the mortgage, and as was not retained by the mort-gagee in hand idle ? To illustrate: The mortgage was deliveredSeptember 3d, 1891; $1,015 of the $8,000 was not passed over tothe mortgagors until January 5th, 1892, more than four monthsafter the delivery of the mortgage; in the meantime, the $1,015was not in the treasury of the complainant, nor anywhere else.As between the parties during this interval, it had no existence,Neither had it. I know of no principle of law or of justicewhich will allow interest to be recovered under such a state oifacts. To allow it to be recovered we would have to treat a thingas a fact which we know to be a fiction and not a fact. On the$7,000, interest will only be allowed from the time it was actuallypassed over.


COUftT OF ERRORS AND APPEALS.*

The first objection made by the appellant to the decree belowis that interest was allowed to the complainant on the sum of$8,UOO, the appellant insisting that, as only $7,000 were advancedin cash, interest should be reckoned only on that principle.

The answer to this contention is that in effect of the sum of$8,000 was paid to the obligors, and their contract calls forinterest on that sum. Their agreement with the association wasto borrow $8,000 and to pay therefor a premium of $1,000. Byforce of the statute the agreement to pay a premium was madelegal. Franklin Building Asso. v. Marsh, 5 Dutch. 225 5 FreeholdMutual Loan Asso. v. Brown, 2 Stew. Eq. 121. If, in exact per-formance of its agreement the association had paid $8,000 to theobligors and had received therefor the present bond, no questioncould have been raised as to the propriety of the stipulation forinterest on the $8,000, but the obligors would besides have owedthe association the premium of $1,000, and this debt they mustat once have discharged by paying that sum to the association.Such a payment would not have aftected the obligations of theirbond, and would have left only $7,000 in their hands. The pay-ment by the association of $7,000 cash, and its release of theborrowers from the duty of paying the premium, were an equiva-lent for the exact performance of their mutual obligations, andtke validity of the stipulation in the bond for payment of intereston the $8,000 is not impaired by such a change in the mere formof the transaction. Mechanics9 B. £ L. Asso. v. Conover, 1McCart. 219; 8. C. on appeal, 2 C. E. Gr. 497, 504.

Counsel for the defendant refers us to cases in other jurisdic-tions, where it has been held that what is described as interestupon the premium cannot be collected. But we think it clearthat when the -statute gives the parties a right to agree upon apremium for a loan without restriction, they have a right toagree that the-premium shall consist of a sum payable presentlyout of the amount loaned, or of a sum payable in the future, withinterest meanwhile, or without interest, and that it is for thecourt simply to give effect to their agreement. In the case now

*J3owen v. Lincoln Association, opinion by Dixon, J., Nov. Term, 1893. (6 Dick. 272.)

446 STATISTICS OF LABOH AND INDUSTRIES.

before us, the contemporaneous acts of the parties prove that thepremium agreed upon was the difference between $7,000advanced at once by the association and the sums clue from theobligors under their bond. That premium can be secured to theassociation only by enforcing the bond according to its terms,

This objection cannot prevail.The next objection is to the allowance of fines as a part of the

mortgage debt.It is not necessary for us to consider whether the association

can lawfully impose fines upon its members for non-payment o*dues or interest. Assuming that it may, we are to decide whethersuch fines constitute a part of the debt secured by the mortgage;and that must be determined by the agreement of the parties.

On recurring to the bond it will be seen that it provides for thepayment of only dues and interest, or, in default thereof, of prin-cipal and interest. Similarly the assignment of stock was made" as collateral security for the payment of the debt mentioned inthe bond," and required the proceeds of sale to bo applied to the" payment of said loan." And although tlria assignment madethe non-payment of fines one of the grounds for Belling the stock,it pledged the stock only for the purpose above stated. It isplain that neither of these instruments provides for the paymentof fines in express terms.

But it is claimed that such a provision is implied in that clauseof the bond which refers to the constitution and by-laws of theassociation as being assented to by the obligors and made part ofthe bond. A like clause appears in the mortgage.

If the constitution and by-laws declared that fines should becollected out of the proceeds of aale of property pledged to securea loan made to the member in default, then perhaps this clausewould justify the decree now before us* But they do not. Thefirst section, under the title " Flues," merely provides that share-holders shall pay fines for defaults. The second section, underthe title " Transfer," declares that no share shall be transferreduntil the transferee shall have assumed all the obligations of theoriginal shareholder. If this includes fines previously imposedit shows that they are not to be paid out of the proceeds of saleof stock, but are to remain as merely personal debts of the share-holder. There can be found in the constitution and by-laws


nothing evincing an intention to make fines a lien, either on stockor on property mortgaged for loans. This reference in the bondand mortgage to the constitution and by-laws when read with itscontext can be fairly interpreted only as applying to the mode inwhich the principal of the bond is to be satisfied by the paymentof dues. Such is its apparent, meaning, and it cannot be extendedfurther by construction without holding that it embraces everypossible duty of the obligors as members of the association. Sobroad a construction is unwarranted.

We think there is nothing in the contract under which the, payment of fines can be enforced in the present suit. In thisrespect the case resembles ClarhsvilleB. $ L. Asso.v. Stephens, 11C. E. GT. 351, 354. . *

The decree below should be modified by eliminating from itthe amount allowed for fines.

APPENDIX III.

Building and Loan Association League*

PBBMIUM PLANS *

l a the consideration of any subject I think it is advisable tostate at the opening the point of view from which the subject isregarded, and to specify, as briefly as may be, the underlyingprinciples which we are to follow.

In considering premium plans for building and loan asBocia-itions of the State of New Jersey, I assume that the associationswhose representatives I am addresesing all desire to work in thespirit as well as the letter of the laws from which we derive ourprotection and our authority to do business. All of these laws,supplements and amendments, constantly refer to these associa-tions as mutual or cooperative societies, and it is from a mutualor cooperative standpoint that I wish to discuss these premiumplans. The past Legislatures have been almost too liberal in en-couraging this class of mutual work, being, apparently, veryanxious to help those who help themselves by helping others tohelp themselves.

I have no reference to those private concerns largely advertisedas loan associations, or as societies based on building and loanideas, who come in under the too liberal features of the laws, butwhich consist usually of but one or two active persons as mana-gers, with enough dummies to comply with legal requirements,and who organize solely as a money-making scheme for theirown personal benefit. Nor have I any reference to the so-called

* Paper by Alex. Christie, of the Bayonne Building Association, read at the annual meetingof the State League, Trenton, January, 1804.

30 (449)

450 STATISTICS OF LABOR AND INDUSTKIES.

national associations, most of which, in my opinion, are worsethan the private concerns, being organized mainly to secure com-fortable salaries for the organizers and managers at the expense-of others and without risking any money of their own. Withsuch organizations this League has nothing to do but to aid in.their suppression.

Our associations are organised for two purposes; First, tohelp the investor to help himself by saving Bmall sums until theyamount to a respectable amount; and, second, to help the bor-rower to get that home of his own which he probably wouldnever get in any other way* These two parties coming together,,having a mutual interest, agree to help each other, and I holdthat these interests should continue to be mutual while the con-nection of interest in the association lasts.

The investor, who can withdraw at almost any time, is entitledto as much safety in the loaning of the funds as the ability of thedirectors can secure for him, and to a fair interest for his money.The borrpwer, who pays all the expenses and all the profit, is en-titled to as liberal consideration as it is possible to give himcoupled with absolute security and a fair profit on the moneyloaned him. If the borrower is compelled by the plan of theassociation to pay too high a rate or to carry too heavy a monthlypayment—a payment that must be met at all times, in dull tradeor in good, in work or out of it, in sickness or other disaster—theassociation ie not doing a safe business, though for the time itmay appear to be doing a profitable one, and it certainly is notdoing a mutual business.

Who are your borrowers at high premiums? Certainly notthe clear-headed, careful, calculating man, who counts the coatand readily determines that the venture m not worth the cost, orwho gets his money outside the association, though he quietlyremains as an investor. If all did that (m so immy are doing),where would be the life and profit in your association ?

The larger number of your borrowers who agree to pay highpremiums are just those people who cannot help themselves un-aided, who frequently cannot couut the cost, but, buoyed up bywhat they hear and their own honest purpose, hope that it willbe all right. If they keep their health and get their income orwages steadily, they will probably pull through; but I have .

1


known quite a number who became discouraged under the load,got reckless and let go, requiring very great watchfulness andcare upon the part of the directors that they did not involve theassociation in a loss, through unpaid taxes, assessments anddeterioration of the property before title could be procured.

I hold, then, first, that the association should be mutual, thatis,, BO planned that all shareholders, investors and borrowersshould share alike in the profits.

Second, that the investor should get a fair return for his money,combined with safety or good security and liberal treatment, withprompt payment upon his withdrawal.

Third, the borrower should be, treated with all the liberalitypossible, coupled with the requirement of undoubted security,though the margin at first may be small, as every month's pay-ment makes it safer.

Fourth, the directors, who give valuable time and experiencegratuitously, should, while giving their earnest, careful attention .to all the interests of the association, not have unnecessary laborin watching the security or property of borrowers, nor in auditingsystems of accounts which are complicated.

Based on these four principles, the first of which distinguishesthe true building and loan association from all private or nationalimitators, what should be the premium plan of the association ?

There are many features of premium plans in use, but I thinkthat they can all be reduced to two plans which embody the per-haps conflicting ideas of the organizers and the main pointB ofall. First, there is what I call the Gross Premium Plan. Second,we have what \ shall term the Monthly Installment Plan.

By the gross premium plan, I mean that plan by which theborrower bids a certain percentage upon the amount he is toborrow, and which percentage is either deducted in cash at onceor the amount is added to the loan and is repaid in, say, 12ft.monthly payments.

The Bureau of Statistics of Labor informs us that the gross*premium plan is used by the greater number of the associations*in this State.

It is profitable, but it is not just, and hence is not mutual,I do not know how many of the associations continue the planof deducting this gross premium in cash, but I do know that by

1452 STATISTICS OF LABOR AND INDUSTKIES.

it the borrower is very often seriously embarrassed by this deduc-tion; he cannot calculate with any certainty how much moneyhe will get until after he has bought the money, and then prob-ably finds that he has too little, and, unreasonable though it be,he will blame the association for getting him into this unpleas-ant position. That last one hundred dollars is the very hardestto get, and it is not unlikely that he and his friends may notspeak highly of building and loan association schemes. It j$unjust, because he is required to pay interest upon an amountwhich he does not receive, so that besides the actual loss of pre-mium he is actually paying from 6$ to 8 | per cent, annualinterest on the cash received, though he was of the opinion thathe had only 6 per cent to pay. From experiences of this kind Ihave known many would-be borrowers to refuse to borrow *fromtheir association, and, indeed, to condemn all building and loanassociations, and to turn to private capitalists who would sellthem the lot and build the house for them and charge themactually smaller monthly payments for the period of ten yearsthan their friends were paying in their so-called mutual associa-tion.

Then, by this plan, there is great difficulty in keeping the.accounts of the association. We have earned and unearnedpremiums, transfers when the loan is repaid, &c, and, when theassociation is serial, the trouble is increased, and there is sure tobe uncertainty, if not confusion, in the minds of the directorswhether all these figures and calculations are correct I haveseen a good many annual reports that I am quite sure no one butan expert accountant could have stated positively that they werecorrect. Many of them, I know, are arrived at in a purelyarbitrary manner, which may or may not be just to the borrower,but is always sure to be for the benefit of the investor or for theassociation, as it is said; as though the borrower were not a verynecessary part of the association! Of course the secretarybelieves that all of his calculations are quite correct; nay, he mayeven be quite positive of it, but the secretary, though absolutelyhonest and careful, is only human, and is liable to make a mis-take. Then, who can correct it ? I insist that at least the audit-ing directors shall knor that the accounts are right and shall BOcertify. But it i& not to be expected that they are all experts, or


that they are going to give the necessary time to examine into acomplicated system for the division of profits when a muchsimpler one can be had.

If the other system, that of adding the amount of the agreed-upon premium to the mortgage, is adopted, and the total of loan,premium and interest is divided into 120 monthly payments, agreat deal of this complication in accounts is done away with, asthis plan then virtually becomes the monthly installment plan;but this system usually carries with it the closing out of theborrower as a Bharer in the profits, and this feature I condemnas being entirely contrary to the mutual spirit of the association.

I have assumed thus far that in both of these features of thegross premium plan, in case of a repayment of the loan beforematurity, the unearned portion of the premium is credited onthe payment; but it has been the case, and may be yet, when nopart of the premium was returned, no matter for how short atime the loan had run.

This simply makes the plan all the more unjust, objectionableand almost indefensible in a mutual association.

Opposed to thiB perhaps profitable but burdensome, unjust andtroublesome plan, we have the other, the Monthly PremiumPlan, by which the borrower knows at the outset juBthow much money he is to receive, makes his plans accordingly,and takes his loan with confidence, knowing that whether heremains to the end of the serial period or pays oft his loan beforematurity, he has not paid for more than he has received. It isthe sound business principle to pay as you go and stop payingwhen you get through, which is good for a loan as for any otherbusiness transaction.

The accounts can be simplicity itself; every dollar received isearned (except, of course, advance payments), and can be chargedat once to the proper account and series where any director cansee, understand and prove it when necessary.

ALthough under this plan the profits may not at first appear tobe so large, they are quite as large as is good for the permanentbenefit of the association and large enough to attract all the in-vesting capital needed.

Indeed, this constant monthly income from the premium ac-count, through bad times as well as good, during seasons when


very few, if any, loans are being made, as well as when money isin active demand, gives a satisfactory and healthy income thatkeeps alive the interest of all in the association. The day ofvery large profits in building and loan associations has gone.The competition of private corporations to lend money securely;of private capitalists to sell suburban lots and to build housesthereon, and among the building and loan asssociationa them-selves, has enligtened the borrower to the extent that he nolonger can be made to carry the great burden of profit to the in-vestor that was done in the early history of these associations.The true cooperative spirit shown by the newer methods willbring business enough for all, and at a higher rate of profit com-bined with easier terms and conditions than the investor canobtain elsewhere.

I cannot too strongly condemn the policy of closing out bor-rowers as shareholders and debarring them from their share ofthe profits. Some of the associations which enfore this idea havealready bad to dispense with all premium and reduce their rateof interest to 5 per cent., which is equivalent to giving their bor-rowers a share of the anticipated profits. It is, in my judgment,better to keep them as shareholders and let them take theirchances like the rest.

Another feature of premium plans should be that the moneyoffered for sale should be offered entirely without any limit orreserved price; and the price obtained at the sale should beheld as the established price for that meeting; that is, moneyshould not be put up a second or third time the same eveningwith the chance of its going lower with each succeeding sale.

If the price is considered too low by the directors, who mayhave a more profitable use for the money in the payment ofpending withdrawals; or if they have reason to believe thatthere is a tacit agreement among would-be borrowers not to bid,and thus keep the premium down, it is the duty of the directorsto stop the further sale of money for that evening, always pro-vided that they have a use for the actual cash on hand; anddirectors should have the power to sell money ahead of theirincome or to withdraw the sale at any time when, in their judg-ment,, the best interest of the association will be served thereby.

CO-OPORATINE BUILDING AND LOAN ASSOCIATIONS. 455

One more subject I wish to touch upon, though it does notcome properly within the scope of my subject, but is connectedwith the well-being and success of building and loan associations,and that is the matter of frequent auditing of accounts.

Once a year is not often, enough for even a small association.Tour memory cannot hold the details of loans, refunds, transfers,•division of profits, &c,, so long; and if an error occurs who ia tocorrect it ?

I have no word to insinuate against your secretary, but mistakesoccur, and you can remedy them by auditing the statement

it is yet fresh in your memory. In large serial associationsthe accounts should be audited every month. How any directorcan audit the books of an association running ten to twelve activeseries, loaning money on the gross premium plan, once a year I••cannot understand. If you have any business and wish it to attainits highest possible success, you must keep in touch with its everydetail and not be content with getting your information in regardto ifc at Becond-hand, no matter how able and trustworthy yourassistant may be. We have found in our association that it i8advantageous to publish a monthly statement, as it gives a knowl-edge and confidence, besides a publicity to our affairs whichattracts and holds our shareholders.

The ideas I have presented to you are not those of a theoreticalexpert, but those of a plain worker who has had fourteen years'-experience in building and loan associations in Bayonne, most ofthat time as a director, and are the result of the education thusgained.

APPORTIONMENT OP PROFITS IN BUILDINGASSOCIATIONS*

For years I have contended that the bookkeeping of building.associations should be grounded upon the same general principleas that of any commercial business. There will, of course, bemodifications in method, but that which would be radically wrongin commercial business must be equally wrong in building asso-ciations. This contention of mine has been so violently opposedin Philadelphia that I have rarely had an opportunity of clearlygetting forth my reasons, and it was with great pleasure I accepted

* By Prof. James Warrington, Philadelphia. ' •'•


the invitation of your president to say a few words on one branchoi this Bubjeet before you to-day.

That the subject allotted to me is of vast importance I thinkno one will deny. As a matter of fact building associations havebeen ruined by improper methods of apportionment of profits.'Most of the methods in current use are extremely intricate, someare inequitable, and some entirely opposed to sound sense andgood arithmetic. Yet close at hand, but unregarded, there is anold rule of arithmetic, simple in operation, exact and equitablein application, and taking but little time to work out, which willperfectly and easily solve the problem. It is this old rule, andnot a new-fangled theory of my own, to which I propose directingyour attention.

You will easily understand that before any rule can be appliedthe ground must be prepared. Only when a clear comprehension,and arrangement of the facts is obtained can a rule be properlyand successfully uaed; yet I do not generally find such a clearcomprehension of facts preceding the co-ordination of those facts;and in my opinion herein lies most of the mathematical troubles.of building associations.

I am constantly told by building association officers that theirbusiness is BO different from mercantile business that rules whichapply to the one are impracticable for the other. This I totallydeny; and a little care in considering the facts will, I think, con-vince you that I am entirely right. In a mercantile business thecapital is invested in goods which are sold for profit, and afterdeducting expenses and losses the net profits arc divided amongthe partners in a previously-agreed proportion. If a partnerwishes to withdraw, or a new one desires to be admitted, thebooks are closed, losses deducted, and profits distributed, so thatthe withdrawing partner bears his share of the losses, or the newone is excluded from participation in the previously-made profits.Now, if you substitute the word " money " for the word " goods,"'you have an exact description of a building association. We maywithout disadvantage follow the comparison further. In a mer-cantile business the capital is shown by au account which isopened for each partner. To this account is accredited his originalcapital, with any additions thereto, and its accretions by interestand profits; and it is charged with all withdrawals, the balance-


being the actual capital invested. This account is balanced andclosed, not only at the end of every fiscal period, but previous to anychange in the personnel of the partnership. If this account werealways left open in the manner which the equivalent account inbuilding associations iB, a business man would never know howhe stood. Again, a business man desires to know his profits forevery fiscal period, so that he may make comparisons; but howis he to do this ualeBB the profit and loss account for each fiscalperiod is kept separate ?

If, therefore, I am right in my contention, and I think.youwill admit I am, we ought to have before us certain facts, care-fully and clearly arranged, before a division of profits is attempted.

1st.. An account which will show the capital of each member,so that there can be no doubt as to the amount which is to sharein the profits.

2d. An account which will show the profits of each fiscal perioddistinct and separate from each other.

So far as the first is concerned every building association has-such an account. A formal one exactly like that used in mercan-tile business would take too much time and be far too cumber-some, and, besides, is unnecessary, as every association gives toits members at least once a year, in its published statement, thevalue of each share, and in this respect the statement is as gooda piece of bookkeeping, as if a formal ledger account were openedto each member. It is strange that with so simple and clear astatement of the items of which the aggregate capital is com-posed, there should be so much difficulty among writers on build-ing association matters in ascertaining the capital to which theprofit is to be distributed. The capital actually invested is thedues plus the accretions. Even Dexter states the capital to bethe balance shown at the beginning of the year, forgetting thatwithdrawing members withdrew their capital as well as theirshare of the profits. The desideratum, therefore, is an intelligi-ble statement of profit bearing capital. How to get this I willmake clear when I come to the exemplications of my suggestedplan. The real and most troublesome difficulties are connectedwith this latter point and the failure to observe the second proposi-tion named above. In other words, there should be no redistri-


bution of profits, each year's profits standing by itself as in anyordinary business. You will, of course, tell me that unless therebe this constant redistribution, year by year, the losses will some-times fall heavily on tbe newer series to the advantage of theolder series, and • that such a method would be unjust to theyounger series. To this I reply that there is no business withoutrisk, and that building associations are more than mere partner-ship organizations; they are in reality pooling operations. Prac-tically the money of one series is used to make money for theothers, and as this operation is constantly changing so that aseries which this month has no money to lend may next monthhave plenty, there is no real injustice done ; and, in fact, if youeliminate the pooling method you will very much contract theusefulness and also the profitableness of building associations,As I wish to make myself perfectly clear I will repeat what I maydesignate the terms of the problem.

1st. Find the amount of capital which has been in use duringthe fiscal period.

2d. Find the profit which this capital has realized during thesame fiscal period.

Instead of abstruse calculations to find powers or any otherunknown quantity, you will simply do what any ordinary busi-ness man does under similar circumstances, look at your capitalaccount to see how much you had invested at the beginning ofthe year. This in your case will of course be the dues, plus thegains to that period, and can be found without much arithmeticalwork. As an example is always better than a mere statement, Iwill take the case of an association which on the 81st of Decem-ber, 1892, balanced its books and distributed the profit madewith the following results:

Series

123456789

Shares

737864

31481

173378672407

Paid in

$108.0096.0084,0072.0060,0048.0036.00210012.00

Value

$154,51131.66110 6190.9372,9055.9540.5325.8912.47

OO-OPEEATIVB BUILDING AND LOAN ASSOCIATIONS. 459

and undivided profits amounting to $150.67. During the year1893 series No. 10 was started, and shares as follows were with-drawn and cancelled:

3d series, 6 shares cancelled; 4th series, 20 shares; 7th series,75 shares; 8th series, 50 shares; 9th series, 92 shares; so thatat the close of the year 1893 the sharea to participate in profits,or, in other words, the capital invested can easily be found byadding the dues for the current year to the shares remaining andmultiplying the amount by the number of shares as follows:

riea123456789

10

Shares•• ' 73

:• 78589481

373303522315350

Total1 profit-sbai

Value of Share

$196.51143.66122.51102.9384.9067.9552.3537.8924.4712 00

ring capital

Value of SerieB

$12.1552311205.88

7,105 589,675.426,876 90

11,755.3515,862.0519,777 587,708 054,200.00

$106,321.64

I think you will agree with me that the above figures give theactual capital absolutely and beyond question. Yet you see thereis no finding of powers or even equatation of payments. Thereis no additional bookkeeping and the method needs no morearithmetic than any officer, however poorly educated, possesses.

Having settled the method of arriving at the capital, the nextstep will be to find the actual profit made during the .year. Indoing this we must not lose sight of the fact that those who with-drew during the year drew their share of the profits last declared,and probably their share of this year;s earnings. - So that whilethe first named must be charged up against last year, the lattermust go against this year. We muBt therefore post up profit andloss, crediting it with undivided profits of last year, interest onloans, interest on deposits, entrance fees, fineB, premiums, rentsand any other receipts of a like nature; and debiting it withsalaries, expenses, interest on withdrawals accruing during thecurrent year, losses actually made during the year. . :


Before proceeding further allow me to anticipate an objectionwhich is both plausible and, if a true objection, reasonable. Youwill notice that I bring into the current year the undivided profitof the preceding year instead of letting it stand and accumulateas in mercantile business. This is done purposely, as such areservation, while properly undisturbed in an ordinary business.,would seriously wrong all but the last series in a building asso-ciation if allowed to stand and accumulate. To return to theexample. Profit and loss when posted as explained above, andbalanced, shows a net gain for the year of $6,756.85. Beforedistributing this profit a careful estimate should be made of theassets and the probability of any lose occurring during the in-coming year ascertained. Sufficient for this should be deductedbefore distribution. "We will suppose that the examination sug-gested shows that five per cent, of the profits would in all proba-bility cover this contingency. This would leave $6,437.89 to bedivided among the members. To do this we only need the oldrule of three formula.

As the total capital of the association is to the capital of aseries, so is the total profit to the profit of that series.

Then the division of the profit belonging to any one series bythe number of shares in that series will give the value of ashare. In working out the problem time and trouble may besaved without any appreciable loss to any one by leaving out thecents. The full working would in the example I have cited beas follows;

106,321 is to 12,155 as 6,487 is to profit of series.6,437

106,321 j _$735^ °(r profit for first series.

73 ) 735,90$10.08 profit for each share.

The gain for each seriea may be found either by working outeach one as above or by finding the fraction. Personally, I pre-fer the plan of working out each series independently, for thereason that a mistake in a calculation will then disclose itself.


There will, of course, be a small fraction left undivided. This isadded to the amount deducted for probable losses and the twosums make the total of undivided profit which will be broughtinto next year's profit and loss account.

By the adoption of this method of apportioning profits muchwill be gained in every way. Its extreme simplicity muststrongly recommend it to all who are interested in building asso-ciations; and if you take this into careful consideration and like-wise note with what ease an error in calculation can be dis-covered ; how absolutely equitable its distribution of profits IB ;how little of technical bookkeeping there is in its operation, youwill, I feel sure, heartily agree with me that in this method ofapportioning the profits of a building association there is foundin a higher degree than in any other method that ease in work-ing and accuracy in result which should always be aimed at.'

DEFECTS OP BUILDING- AND LOAN ASSOCIATIONS*

Michael Angelo was examining a stone by the roadside, andupon being asked by some one passing, " What are you going todo with that?" replied, " There's an angel in this stone, and I'm.going to get it out." • There is an angel in building and loanassociations, and we are here to get it out.

We are still upon the rough outside of the stone. There isyet a good deal of sharp chiseling and skillful carving to do.There are jagged corners and ugly projections to lop off, whicha blind man can feel; and he keeps running up against them•every day, and getting hurt, instead of cutting them away. Butas long as we advance, and keep within the well defined andparallel lines of logical conclusions and mathematical certainties,we need not fear to keep chiseling away.

But the remedy for the " legal defects " of our present buildingand loan system requires a rush—a regular Princeton foot-ballruah—to win. We are in radical danger. We need circumspectalertness. Nothing but most liberal construction, in law andequity, by our learned judiciary, has saved the whole structurefrom ruin. Notwithstanding this broad liberality, so broad some-

* William B. Smith, of the Washington Township Building and Loan Association, ParkBidge. *


times as to appear almost logically partial to the associations, wehave more than once come out of litigation with such ugly scarsthat legislation cannot efface them. We must fall back andlegislate over again.

Immediate and specific remedial amendments are suggested toour existing building and loan statutes because their presentgauge is too broad. They should define— ,

When interest begins; what premium is; limit fines, andcircumscribe speculation.

Interest, Vice-Chancellor Van.Fleet says, in the case of theLincoln Loan Association v. Bowen and otters,, should begin and runagainst a loan, on, at and of the time of every actual paymentthereof to the borrower, and not otherwise. This is right, per se>

for borrower and lender alike.Premiums now constitute the most slippery ground upon which

any part of our structure stands. Every association in the State,I believe, has been playing with high premiums, like childrenplaying with fire, and leaning meantime over this brink—doublytempting fate. Premium is a consideration for priority of loan,and should be bid as a price for month per share loan, payable

t monthly. Thus the borrower pays for what he uses and whilehe uses it—the loan; no more, no longer; and may repay theloan at any time, without discount or loss. If the considerationfor priority be paid in advance or in gross, by being deductedfrom or added to the real sum of a loan, the borrower is robbedof his interest on a fictitious sum which he never receives. Thereare no fictions in figures. More than this, limit this considera-tion of price, by fixing it upon each share of, say $200, at notless than twenty-five cents nor more than one dollar per month.

Fines are danger signals to borrowers and lenders alike,Vice-Chancellor Van Fleet says, in the opinion before cited:"The complainant has a right to collect a reasonable fine, Idoubt whether the fine originally imposed was reasonable, butcomplainant has reduced it one-half. Such reduction I thinkmakes it reasonable/' He says: u I doubt if the fine originallyimposed was reasonable." But they returned one-half, and thatmade it "reasonable." I doubt if the learned Chancellor wouldwrite that opinion or use that logic over again.

CO-OPERATIVE BUILDUP AND LOAN ASSOCIATIONS. 463

, Now, if we are goicg to retain this side-track of fines^ we hadbetter lock the switch and throw away the key. "We might"reaaon" over this open switch one minute too long some day.A statute should make it " not to exceed two per centum on eachdollar in arrears." • It is now generally 120 per cent., sometimes.420 per centum!

Speculation should be circumscribed. Associations should belimited, in purchasing real estate, to that upon which they mayhave mortgages, judgments, liens or other encumbrances, or inwhich they may have interests; should not be allowed to borrowto an amount in excess of one-fourth of their securely-investedcapital; should be allowed to lend to each other; should not betaxable under any law which exempts savings institutions ; accu-mulations upon shares in local associations, to the amount of$1,000, should be exempt from seizure for debt, and foreign asso-ciations, under whatever name or guise, should be absolutelyprohibited.

I would also suggest that the act entitled "A supplement to anact to secure to mechanics and others," etc., approved June 19th,1890, be amended to the effect of inserting on page 480, Laws of1890, line 15, between the words "thereof" and "and," thewords " or their heirs or assigns," and add to the penal, sectionas follows; "And if anyone procure or tender, or knowinglyjoin in making or tendering any such release by, with or throughmisrepresentation or fraud, his claim to the liability of such landsand buildings or lien thereon, and his rights hereuncler shall im-mediately thereupon cease and be void, whether the contractshall have been filed in the county clerk's office or not."

The first revision is to meet an often recurring contingency ofremoval, absence, sickness or death prior to and upon pay day.The addition to the penal section is to prevent the contractorfrom obtaining the signature and release of a mechanic or jour-neyman by promises, therewith collecting money from the ownerand withholding it from the mechanic or journeyman. Thepenalty of prosecution for perjury in the statute as it now standsis practically a dead letter. It is believed that the penalty pro-posed will cut the tap root of the evil involved, more thoroughlyprotect the mechanic and laborer, mortgagee' and owner, andcompel a faithful compliance with the law, or induce a repeal of


the whole statute. It is now a detriment to young and a tempta-tion to unscrupulous contractors, a snare to unwary workmenand a menace to building association securities.

I submit the following draft of a bill for your approval, andtrust that this or some similar bill will be persistently urged byour Legislative Committee until it shall, if possible, become alaw:

An Act to introduce and to require the teaching of building andloan mathematics into the public schools of JSTew Jersey.

1. BJE IT ENACTED, by the Senate and General Assembly of the Stateof New Jersey, That, all practical and higher arithmetics, and allarithmetics of corresponding grade thereto, hereafter used in thepublic schools of this State, shall contain a concise but com-prehensive ayBtem or expoaition for aimpYiiying and teaching theelements of building and loan mathematics, as used and practicedgenerally in building and loan associations in this State, and thesame shall be taught in said schools correspondingly as otherparts of said arithmetics are taught; provided, that such systemsor expositions so introduced and taught, shall be first approvedand adopted in writing by the State Superintendent of PublicInstruction, the Superintendent of the Bureau of Labor Statistics,and the President of the Building and Loan Association Leagueof New Jersey, or a majority thereof.

2. And be it enacted, This act shall take effect on and after thefirst day of September, 1894./ Twenty years after the passage of this act our successors will.not be here—as we are to-day—pounding each other about whatthey don't know.

DEFECTS OF BUILDING- AND LOAN ASSOCIATIONS*

"What is the ideal building association ? We may differ re-garding methods of working, or concerning the details of manage-ment, but we all agree as to the principles which should underliethe organization. In the ideal association every shareholder, be

* J. L. Jaraiaon, Secretary of People1! Building and ho&n Atmociation, Mount Holly.

CO-OPERATIVE BUILDING AND LOAN ASSOCIATIONS* 465

his holdings large or small, be he investor only or borrower also,be he successful or unsuccessful as the world counts success, istreated with equal justice, and is afforded equal opportunity toenjoy the benefits of co-operation. This is the foundation onwhich building associations rest. The ideal association is mutualin the full sense of the word. Every member participates in theprofits, shares the losses, and contributes towards the expenses,in exact proportion to his interest in the association.

la what respects do our associations in their plan fall short ofthis ideal ? The defectB of management greatly limit the useful-ness of many associations, but it seems to me that the funda-mental defect of our building associations is found in their unfairtreatment of borrowing members, in exacting, varying and oftenexcessive premiums. These premiums, it is true, are an im-portant source of profit to the association; but are not the profitsof most of our associations too great?

A borrower with fair real estate security can usually negotiatea loan at 6 per cent, interest—frequently at 5 per cent. A bor-rower in a building association not only furnishes real estatesecurity, but adds to the security the amount of his dues eachmonth. Why should he pay a higher rate of interest in orderthat investing shareholders may receive what would be consideredoutside of building associations usury ? Is any asociation whichreports ten, twelve or fifteen per cent, profits a year, dealingjustly with this class of its members ? For the association beingmutual and having no outside source of income, it follows thatthe net earnings must always, be less than the interest actuallypaid by the borrowers, the difierence representing the expensesof the organization.

Are we not all taking undue advantage of the necessities ofour borrowers, or deluding them with the fallacy that excessivepremiums, by hastening the maturity of their stock, are notdisadvantageous?

II the association has only a small profit from withdrawals, as.it should have; enough premiums to help defray the expenses ofmanagement, and to provide for possible losses—that is, to insurethe loans—might equitably be charged to every borrower in addi-tion to legal interest; but the premium should be uniform inamount to all borrowers at the same time, and should be rarely

31


if ever changed. It would not be difficult to devise a satisfactoryplan for determining the order in which loans should be per-feeted, which was the original reason for having fluctuatingpremiums. In this respect the so-called 4< national" associationsarc in advance of most of us, as it can at least be said of themthat they treat all their borrowers alike.

Closely allied in spirit to the practice regarding premiums arethe rules in force in most associations regarding fines. Fewassociations charge less than ten per cent, for failure to makepayment at the required time, and in many associations this fineis repeated every month. Some penalty is undoubtedly neededfor careless or shiftless members, but it can hardly be claimedthat it is necessary to charge a rate which can be compared onlywith that, of the pawnbrokers. The system results frequently inthe withdrawal of non-borrowing members, with limitedresources, who are temporarily unable to continue their pay-xnents—a loss which oifaets much of the profits supposed toaccrue from fines. But proof of their profitableness is no argu-ment for their existence where they are unjust and oppressive.

It may be thought that a building association with small finesand but little income from premiums will not be attractive toinvestors. But it is not proposed to reduce the income of theaBsociation below the legal rate of interest, which is as much ascan be secured from any safe investment, And even now com-paratively few wealthy men are found among our members, A.lower rate of interest on loans, with a more just penalty forlapses, would attract to our ranks thousands of men who are nowkept away by the unfortunate experience of other**, or who hav-ing made the attempt themselves were unable under existingconditions to continue to the end.

A building association is more than a bank or a soulless corpo-ration. With all its defects no other financial institution hasgiven the poor man such a chance. While many modificationsto the general plan may be suggested and many improvementsin detail are undoubtedly possible, none surely would add moreto the uselulness of the associations than such, as would jmakethem conform more closely to the spirit of the Golden Kule,

Co-OPERATIVE BUILDING AND LOAN ASSOCIATIONS. 467

DEFECTS OF BUILDING AND LOAN ASSOCIATIONS.*

The primary defect, in my judgment, the one from whichalmost all the others spring, is a too rigid economy, an economythat very greatly interferes with the efficiency of the manage-ment.

It begets a divided responsibility,' each endeavoring to shift thelabor on to his colleague, and the result is a great many losses.Building and loan associations are great institutions, capable ofdoing a great amount of good and are actually accomplishingwonders, all this notwithstanding their indifferent management. *Just think of how much they would accomplish if well managed!I.know of a great many associations with assets amounting toupwards of $200,000, with monthly receipts aggregating about$6,000—this to be promptly and Bafely invested—being managedat a total expense of $700 per year. This amount covers the sal-aries of the president, secretary and treasurer, the rent of theoffice and hall, the stationery, printing and postage—in a word,the entire expenditure for management.

Men may, and do, engage to do work for almost nothing, butmy experience in nearly all such cases thafc have come under mynotice, is that they do not do it well, they do not give such busi-ness anything like the thought and care that they give their ownor business that they are paid properly for attending to.

The president of an association is supposed to have a knowledgeof its affairs and to be responsible for its well being, yet themajority of them do not receive any compensation, a few get $50or $100 per year. No man capable of being the bead of a moneyedinstitution, with assets of a quarter of a million dollars, can orwill give it the time and attention its various affairs demand' forauy such recompense. He may be faithful in his attendance atthe monthly meetings, but if so, that is about the extent of his,attention. This is all wrong.

Now take the case of the secretary. This officer should be-the general manager of the association, should be directly re-sponsible for the prompt and safe investing of the monthly receipts^should carefully examine every property offered before its refer-

• John J. Burleigh, Secretary of the Economy Building and Loan Association, Oamden.


ence to the loaning committee, and in a word give the associa-tion business that same intelligent care that the executive officersof all other equally important corporations give. If he weresomething more than a mere bookkeeper there would be lesslosses; but he is only paid an annual salary, ranging from $300to $500. When we think of this allowance we do not wonderthat he tries to confine his labors to the mere keeping of therecords, leaving everything else to the various committees of theboard of directors.

It is usual to select the loaning committee for the month fromamong the board of directors in rotation. Very few associationshave a regular and permanent loaning committee, and those whohave can rarely get them together when needed The commit-tees thus selected are never paid and seldom attend to the associa-tion business as they would do their own. They are busy menand cannot afiord to give valuable time without compensation.How often applications for loans are returned to the secretarywhen only one of the committee haB examined the property,The excuse is given " I did not have the time to Bee it, but I willtake the judgment of and sign the report on the strength of Mr,Blank having seen it."

-When building associations pay bettor salaries to the officersrand the loaning and auditing committees of the board ofdirectors, they will receive better service and will make morev.money for the shareholders. State associations do not do busi-ness on the old plan, and, consequently, they make larger profitsby more promptly investing their money and avoid losses bymore care in loaning money, all because those in charge arepaid properly for the time and service rendered. While thisprimary defect exists, it is hardly worth while to mention thedefects of management.

HOW TO PROVIDE FOR THE PAYMENT OP MATURING-SHARES.

This question is fast becoming one of serious concern to theever-increasing number of associations whose oldest sereia areapproaching maturity. The Bureau is constantly receivingrequests for suggestions as to the beBt way to provide for the


payment of Buch shares. Of the four methods in use in thiscountry it has discouraged two, the accumulation of a sinkingfund or the borrowing of money from the banks for this purpose.It has strongly recommended the gradual increasing of the with-drawal value of shares to as near as practicable the holding value.While this, doubtless, encourages the withdrawal of free sharesas they near maturity, it has not been found to be a solution ofthe problem. Probably a system of forced withdrawals wouldbe, but this is not altogether unobjectionable. Ou the otherhand, Judsje Seymour Dexter's plan, a brief outline of whichwas given in his address before the New Jersey League meeting,at Trenton, January 21st, 1892,* appears to be the most practic-able as well as the fairest. This has been formulated in fullerdetail at the request of the Bureau, and is here reproduced:

"In answer to your request I will explain what I regard as pre-eminently the best plan to be pursued in paying matured sharesby local building and loan associations, organized upon the Berialplan of issuing stock.

" The articles of association and by-laws of an association shouldprovide that, when there are matured shares unpaid, one-thirdof the receipts should be applicable to the payment of maturedshares, one-third to borrowers and one-third to withdrawers ofnon-matured shares. In case the demand by the withdrawers ofnon-matured shares does not take all of the one-third of receiptsset apart, whatever remains should be applicable to the paymentof matured shares, and the same rule to apply to the one-thirdset apart for borrowers. From the time the stock is declaredmatured by the board of directors until it ia paid, it should drawinterest at the rate of— per cent, per annum. The rate per cent,should be fixed by the current rate in the community in savingsbanks or other banks that receive money on deposit and payinterest thereon.

" The holders of matured stock should file their applicationsfor payment of the same. Payment should be made in the orderin which such notices are filed with the secretary. When thearticles of association and the by-laws thereunder provide for this

.mode of paying off matured shares, the shareholders allow theirstock to mature with the understanding that they may be obliged

* See Bureau report for 1891, p. 559.


to wait some time for their money. It allows to each shareholderwho has stock about to mature three courses to pursue: First,he may withdraw under the provisions for non-matured Btock;aecoud, he may become a borrower on his shares; or lastly, hemay let his shares mature so that there is due him the full maturedvalue of the same., "Under the plan above described the maturing of shares pro-

duces no disturbance whatever in the regular course of businessof the association. There is no accumulating of funds that drawa low rate of interest. Unless there is something in the law ofthe State which prohibits, it i& entirely proper for the stockholdersof an association to hold a meeting, as provided by their articlesof association for amending the same, and at such meeting amendtheir articles of association to conform to the plan above specified.

" The plan which I have above described has been in practicaloperation for nine years in the Ohenaung Valley Mutual LoanAssociation of Elmira, New York. The articles of associationwere amended about two years before the first series of stockmatured; and this \Vas done by its shareholders, without a dis-Benting voice, upon presentation to them of the method proposed,at a meeting held for that purpose. This association maturesnext month its ninth annual series of stock. There has neverbeen a complaint from any shareholder with reference to his notgetting his money at the time the shares matured. If there issome shareholder who stands in great need of his money, thesecretary is always able to make some arrangement in the matterby which he'is accommodated.

" We knew how prone all workers in the local building andloan association movement are to think that the methods underwhich they have been working and with which they are familiarare the beBt, There is but one objection that can arise in theminds of any one to the method above outlined, and that is thatthe shares are not all paid promptly at the date of their maturity.That objection amounts to nothing in actual practice. The asso-ciation should never agree to pay matured shares faster than ithas funds to pay the same. There Bhould be no provision in thearticles of association which makes an association legally liableto pay moneys faster than they are received for that particularjmrpose. No association, on account of matured shares, should

CO-OPERATIVE BUILDING AND LOAN ASSOCIATIONS. 47 L

be compelled to cease loaning money. It should have at leastsome portion of its receipts for borrowers every month.

"The following provision in the articles of an associationwould cover this manner of paying matured shares:

« § When each free share reaches its matured value all pay-ments of dues thereon shall cease, and the holder thereof Bhallbe paid, out of the funds of the association, the mature'd valuethereof, with such rate of interest as shall be determined by theby-laws, from the time the board of directors shall declare suchshares to have matured until paid; but at no time shall morethan one-third of the receipts of the association be applicable tothe payment of matured shares without the consent of the boardof directors. The order of payment of the matured shares shallbe determined by the by-laws."

PART VI.

Labor Legislation.

(473)

PART VI.

Labor Legislation of New Jersey.Laws Relating to the Employment of Labor and affecting

the Interests of Wage-Earners in this State.*

.An Act to repeal an act entitled "An act to appoint a commis-sioner of mines and defining the powers and duties of suchcommissioner," approved February twenty-fifth, one thousandeight hundred and ninety-two, and to end the term of officeof any person or persons appointed thereunder.

1, That an act entitled "An act to appoint a commissioner ofmines and defining the powers and duties of such commissioner,"approved February twenty-fifth, oue thousand eight hundred andnineiy-two, be and the same is hereby repealed, and the^term ofoffice of any person or persons appointed under said act be andthe same is hereby ended forthwith.

2. That this act shall take effect immediately.Passed April 18, 1894. Chap. 52.

.An Act to further define the duties of " factory and workshop in-spector," and to include in the same the inspection of mines andthe making and enforcement of regulations in respect to theoperation of the same with increased safety to those employed"therein.

1. That the "factory and woikshop inspector" shall hereafter,in addition to the duties already imposed upon him by law, havefull power and authority to visit and inspect, at all reasonablehours, and as often as practicable, all mines in this state, and toreport to the governor of this state on or before the first day otJSTovember in each year the result of such inspection, together

••* For a compilation of New Jersey labor lawp, 1892 inclusive, see Bureau report for'1891.

(475)

476 STATISTICS*OF LABOR AND INDUSTRIES.

with such recommendations as said " factory and workshop in-spector " shall deem proper and necessary.

2. That the said " factory and workshop inspector " shall, bypersonal examination or otherwise, ascertain if proper and neces-sary safeguards are erected and maintained Dy the owner or owners,lessee or lessees of each and every mine, for the protection of thelives of the men employed therein; in case it shall appear to thesaid " factory and workshop inspector " that any Buch owner orlessee has neglected to make proper provision for the safety ofthe employes working in any such mine, he shall serve or causeto be served upon any such owner or lessee, a notice in writing,stating briefly such neglect, and such owner or lessee shall imme-diately remedy the same, or in case of death or accident fromsuch neglect, be criminally liable therefor.

3. That it shall be the duty of said " factory and workshop in-spector," to whom a complaint iu writing shall be made by anyemploye in any mine in this state, that any such mine is danger-ous to the lives of those employed therein, without delay to viewand examine the mine complained of ; and if he shall find suchcomplaint to be just, he shall give notice in writing of the danger tothe owner or lessee thereof, and in such notice may, in his dis-cretionf order such mine closed until he shall issue MB order thatsuch danger has been removed.

4. That any owner or lessee receiving such notice as is men-tioned in the last preceding section, and refusing to comply there-with, Bhall forfeit the sum of one thousand dollars, to be recov-ered in an action upon contract by the said " factory and work-shop inspector," in his individual name, in any court of compe-tent jurisdiction ; the said penalty when recovered, less the costsand expenses thereof, to be paid to the overseer of the poor ofthe township in which such mine is located, for the use of thepoor of said township,

5. That this act shall take effect immediately.Passed April 18, 1894. Chap, 51

An Act in relation to the employment of labor by corporations*

1. That no corporation or employers of labor doing business inthis state shall, directly or indirectly, or through any manager.


agent, superintendent, or employe thereof, make as a condition ofemployment of labor in any branch of its service, that any appli-cant or applicants for such employment shall, either individuallyor collectively, be required to sign any paper, document, orwriting of any description, by which an obligation is made orimplied of Trouncing existing membership in any organization,society or brotherhood, or by which a promise is given of notjoining such organizations at any future time.

2. That no corporation or employers of labor shall in like man-ner require, directly or indirectly, or through any of its managers,superintendents, agents or employes, that any individual or indi-viduals shall, either individually or collectively, in any mannerpromise to renounce existing membership in any lodge, brother-hood, or labor organization of any kind, or promise to refrainfrom joining any such lodge, brotherhood, or organization at anyfuture time.

3. That any violation of the above act shall be punishablewith a fine not to exceed five hundred dollars or three months'imprisonment, or both, as the court may direct.

Approved May 15, 1894. Ohap. 212.

An act to provide that school trustees and "boards of educationin every school district of this state shall furnish free text-books and all necessary supplies to all scholars attending thepublic schools.

1. That school trustees and boards of education shall purchasetext-books and other necessary school supplies for use in thepublic schools of their respective school districts, as such newtext-books and supplies are required in addition to those atpresent in use in the bands of pupils or owned by the schooldistricts, out of a free text-book fund of the district, to be raisedby Bpecial school tax, which shall be assessed and collected inthe same manner as moneys for public school purposes are nowraised by law, and when so procured the necessary books andschool supplies shall be furnished free of cost for use in the pub-lic schools of said districts, Bubject to the orders of the schooltrustees and boards of education thereof, whose duty it shall beto provide for the return of and for the safe keeping and care ofthe books, which shall be returned at the close of the annualschool term in each year, or as the board may direct.

' 478 STATISTICS OF LABOR AND INDUSTRIES.

2. That the board shall keep an account of all moneys ex-pended under the above section, and report it under separateitems in the annual financial accounts as authorized by law.

3. That it shall not be lawful for the county superintendentsschool trustees or boards o± education, or any other person ofiVcially connected with the common-school system, to becomeagents for the sale, or in any way unlawfully promote the sale,of any school books, maps, charts, school apparatus.or stationery.or to receive unlawful compensation for such sale, or promotionof sale, in any. manner whatsoever, and any violation of the pro-visions of this section shall be deemed a misdemeanor, and pun-ishable with removal from office.

4. That it shall not be lawful for any director or president ofany school board in this state to be interested in the furnishingof books or any other supplies for said schools.

5. • That this act shall take effect immediately.Approved May 14th, 1894, Chap. 187.

A Further Supplement to an act entitled "An aot to establish andregulate pilots for the ports of Jersey City, Newark and PerthAmboy, by way of Sandy Hook," approved April seventeenth,,one thousand eight hundred and forty-six.

. 1. That section one of the act to which this is a further supple-ment be and the same is hereby amended so as to read as follows,to wit:

1. That the governor, by and with the advice and consent of thesenate, shall appoint six commissioners of pilotage *3 not morethan three shall be members of the same political party, whoshall hold their offices, respectively, for three years ; and in casfcany commissioner of pilotage so appointed shall die or resign, orin any other way become disqualified to act, it shall be the dutyof the governor, by and with the consent of the senate, forthwithto fill such vacancy, and the person so appointed to fill suchvacancy shall hold his office for the like term of three years; andthe commissioners of pilotage, or a majority of them, shall be-authorized, and full power and authority are hereby given \othem, to permit, at their discretion, any person to act as a branchpilot as hereinafter provided for, off the bar at Sandy Hook, or ofthe river Earitan, or of the harbors of Jersey Oity, Newark or


Perth Amboy, they having examined the said person in themanner hereinafter mentioned and made such inquiries respectinghim and his qualifications as to them the said commissioners, ora majority of them, shall appear necessary and expedient

2. That the terms of all the several commissioners of pilotagenow in office under the act to which this is a supplement, andthe various supplements thereto, shall cease and, determine uponthe appointment and confirmation of the commissioners of pilot-age above provided for.

3. That section twenty-four of the act to which this is a supple-ment be and the same is hereby amended so as to read as follows,to wit:

24* That the.pilots shall,"once in each month, account to thesaid commissioners for the fees received by them for pilotage ;and the said commissioners shall be entitled to receive one andone-half per centum from the said fees as a compensation fortheir services under this act, to be divided among the commis-sioners according to the days they may have, respectively, at-tended at any meeting; provided, that said commissioners shallnot be entitled to receive said commission on extra pilotage forboarding off shore or for fees received for what is called trans-portation or harbor pilotage.

4. That hereafter every boat belonging to the pilots licensedby the laws of this state shall have but one indentured apprentice,who shall be attached to said boat, and indentured to its master,and serve as said apprentice, under the laws of this state, at leastfour years, and at least three consecutive years of said apprentice-ship as a boat-keeper on said boat, and shall be subject to all thelaws now in force for the government of pilots of this state, andshall be examined aa now directed by law, and, after said exam-ination, shall be licensed as a deputy pilot, at and under the dis-cretion of the pilot commissioners of this state, and no personshall be appointed a pilot of this state by way of Sandy Hook,except as herein provided.

5. That all acts and parts of acts inconsistent herewith be andthe same are hereby repealed, and that this act shall take effectimmediately.

Approved May 17th, 1894. Ohap. 290.

PART VII.

Building and Loan Association

Laws of New Jersey.

(481)

32

PART VII.

Building and Loan AssociationLaws of New Jersey.

AN ACT TO ENCOURAG-E THE ESTABLISHMENT OF MU-TUAL BUILDING AND LOAN ASSOCIATIONS* ANDSUPPLEMENTS THERETO.

1. That any number of persons, not less than five, may asso-ciate and form an incorporated company for the purpose ofassisting each other, and all who may afterwards become asso-ciated with them, in acquiring real estate, making improvementsthereon, and removing incumbrances therefrom, by the paymentof periodical installments; and for the further purpose ofaccumulating a fund to be returned to its members who do notobtain advances, for purposes above mentioned, when the fundsof such association shall amount to a certain sum per share, tobe specified in the articles of association.

2. Any such persons who shall sign a certificate setting forththat they have formed such an association under the provisionsof thiB act, and the name adopted for such association, and thecity, borough or township where it is to be located and its busi-ness transacted, and who shall cause the same to be delivered tothe clerk of the county which embraces the place of its location,thereupon, together with all who may afterwards become mem-bers, their successors and assigns, shall be a body corporate andpolitic in law, with all the powers mentioned in the first section•of the act entitled " an act concerning corporations."

3. The said clerk shall immediately file said certificate andrecord the same in a book to be kept for that purpose, for whichhe shall be entitled to receive the sum of twenty-five cents.

* Approved April 9th, 1875 (Revision, page 92).(483)


4. Parents and guardians may take and hold shares in suchassociations in behalf of their minor children or wards, andtrustees in behalf of married women, and may act in such asso-ciations in behalf of those they represent.

5. The right of membership in all associations formed underthis act shall consist in the periodical payment of such sum ofmoney, at such times and subject to such penalties as shall be.determined by the constitution adopted and filed as aforesaid, orin payment of a'principal sum specified in such constitution, tobe repaid by the company, in such way and manner as shalltherein be designated, with interest, not exceeding seven* percentum per annum.

6; The fuuds of every association formed under this act shallbe invested in the purchase of lands or building lots, and erectingbuildings and improvements thereon, or in the purchase of lotsand houses already built; which lands, dwellings and improve-ments shall be sold to the members of such associations, payablein the shares of the company, or in periodical installments for aperiod such as shall be agreed upon and designated in their con-stitution, and which shall not exceed the term of twenty years;at the expiration of which term the lands, dwellings and improve-ments so sold and conveyed to the members of suck associationsshall become the property of the grantees, discharged from allfurther payment and clear of all incumbrance; or in loans tomembers on mortgage of real or personal estate, payable in sharesof said company, or by such periodical installments, or in theredemption of shares, or in all or any of these modes. (See sec-tion 8, below.)

7. It shall be lawful for married women and minors to holdshares in any associations formed under this act; provided, saidshares are paid for out of the earnings of said married womenand minor children, or with money given to them by others thanthe husbands of said married women, or the male parents ofminor children.

8. Every company formed under this act shall adopt a consti-tution, which shall embrace all the provisions of the foregoingsections, and such articles for their government and management

* Six at present.

BUILDING AND LOAN ASSOCIATION LAWS, 485

of their business as they shall deem proper; provided, the sameshall not be inconsistent with this act or with the act concerningcorporations aforesaid, and Bhall not contravene the laws or con«stitution of this state or the United States, and may alter andamend the same, froin time to time, in the manner therein pro-vided ; the investments of every such association shall, be madeeither in* loans to or in redemption of the shares of, or in pur-chasing lots and erecting dwellings for the members, or in all ofsaid modes, or in such other ways as the constitution ot the par-ticular association shall provide; and no premium given forpriority of loan or acquisition of a building, or discount givenon the redemption of shares shall be deemed to be usurious.*

9. Every company formed under this act shall furnish to thesecretary of state, if required, an annual statement of the busi-ness and condition of the company, which shall be duly attested,under, oath or affirmation, by the proper officers of said eom-pany.f

10. Any company formed in pursuance of this act shall havepower to dispose of or sell any lands and tenements to othersthan those constituting the said company, on terms according toor not inconsistent with the constitution of such company; andthe purchasers of said tenements so sold or disposed of shall notthereby be constituted members of any such company formed asaforesaid.

11. The original associates, or those formed into companiesunder this act, or their assigns, and who shall have actually cre-ated a fund and expended the same in acquiring lands and tene-ments, shall be alone deemed to have and to exercise the rightof members in said companies.

12. All deeds of conveyance of lands or tenements granted byany company formed in pursuance of said act shall be held to bevalid and binding, with all the restrictive clauses as against nuis-ances, or what may be deemed nuisances by the constitutions ofany companies so formed as aforesaid, unless the same are inviolation of the constitution of this state or the laws thereof, orot the United States.

*As amended by act approved February 29;h, 1876 (Revision, page 1272).t See page 489 below.


13. All matters not herein provided for shall be regulated bythe constitution and by-laws of said associations, respectively.

14. The legislature may at any time alter, amend or repeal thecharter of any association created under this act.

15. That companies organized under this act may divide orpartition the lands by them owned among their members by lot,in such way as to them may seem most advantageous0, and allconveyances made in pursuance of such allotment shall, for allpurposes, be valid and effectual.

Supplement.*

1. That any mutual loan, homestead or building associationheretofore organized under the laws of this state shall have powerto meet and reorganize and provide for the transaction of theirfuture business under the provisions of the act to which this is asupplement, by giving notice thereof by advertisement for fourweeks successively, at least once in each week, in a newspaperpublished or circulating where such company or association ialocated, which advertisement shall be signed by the secretary andstate the time, place and purpose for which such meeting iscalled, and also by sending a written or printed notice to eachstockholder containing the same information; when so assembledthey shall have power, by a two-thirds vote of the Btock present,to change, alter or repeal their present constitution and by-lawsand to adopt such new constitution and by-laws as they maydeem needful for their future government; provided, the same donot conflict with the laws or constitution of this state or of theUnited States.

Supplement. (

That nothing in the act to which this is a supplement shall beconstrued to prevent any association formed under the provisionsof the said act from taking a premium for priority of loan oracquisition of real estate, or discount on the redemption ofshares; and that no premium or discount so tak6n for such pur-pose shall be deemed to be usurious.

* Approved March 25tb, 1876 (Revision, page 1272).t Approved April 21st, 1876 (Revision, page 1272).

BUILDING AND LOAN ASSOCIATION LAWS.487

Supplement.*

further .upplemeat, ma, tan, , h a m rf , ^ 1 ° , itan,

and by the constitution or by-laws of andi « L * •amendment lawfully made thereto a8BOCîon8 or any

2. That all shares of stock heretofore'issued in different seriesby any such assodation according to the provisions of its contftuUon or by-laws shall be as valid and eflectual to all intents andS r i " thl8 ^ ^ b- .^-.Priorto the issuing

3. That whenever the constitution or by-laws of any such asso-ciation make no provision for the manner in which the samemay be amended, such association may amend its constitution orby-laws at any regular meeting of the association by a vote oftwo-thirds of its members present at such meeting; provided, thatthe proposed amendment shall have been submitted in writingand entered upon the minutes of said association at least fourweeks before a vote shall be taken thereon.

4. That all acts and parts of acts inconsistent with any of theprovisions of this act be and the same are hereby repealed.

Snpplement.t

WHEREAS, Doubts having arisen as to the legal right of associa-tions formed or incorporated under or by virtue of theabove-mentioned act and the several supplements thereto,to issue new or a series of shares under their original acts ofincorporation; and whereas, a number of said associationshave issued new or a series of shares, believing that theyhad a legal right so to do; now, in order to remove alldoubts on the subject, and to legalize the same and theissuing of certificates of stock therefor, and to hereafterauthorize the formiug of such new series':

* Approved March 29il), 1887 (P, L., p. 62).t Approved February 14th, 1888 (P. L., p. 36). . •


1. JBe it enacted, That all new or series of shares heretoforeissued by any association formed or incorporated under and byvirtue of the act to which this is a supplement, and the severalsupplements thereto, be and the same are hereby coufirrned andmade valid both in law and in equity, notwithstanding the issueof said new series may have increased ti-e number of shareB ofsaid association beyond the limit fixed in its certificate of incor-poration.

2. That the board of. directors of all associations heretoforeincorporated or which may be hereafter incorporated under andby virtue, of the above-named act, and the several supplementsthereto, are hereby empowered to authorize the formation of anew or a series of shares upon the same terms and conditions theoriginal shares of stock were issued, whenever at least one hun-dred shares shall have been subscribed, and to issue certificatesof stock for the shares taken in said new series, notwithstandingthe issue of said new series may increase the number of sharesof said association beyond the limit fixed in its certificate ofincorporation,

3. That whenever a new series has been or sha]1 be fdTtnBtlunder this supplement, the relative value cf the shares of therespective series shall be kept separate and distinct, and the valuethereof reported in an annual statement to the shareholders.

Supplement.*

1. That it shall be lawful for any association incorporatedunder the provisions of the act to which this is a supplement, orotherwise lawfully existing in this state, to change the name getfoTth in its origiual certificate of incorporation, by a two-thirdsvote of the board of directors of such association; provided, thata certificate under the hands of the president and the secretaryof such association, setting forth such proposed new name, andthat the same was adopted by a two-thirds vote of the board ofdirectors of such association at a meeting regularly held on adate specified in said certificate, shall be delivered to the clerk of

Âpproved June 9th, 1800 (P. L., p. 420).

BUILDING AND LOAN ASSOCIATION LAWS. 489

the county where such association is or shall be located, to be byhim filed and1 recorded.

2. That the name so certified to have been adopted shall, fromthe time of filing such certificate of change, be the true andproper corporate title of such association instead of the name- setforth in the original certificate of incorporation; and all deeds,mortgages, contracts, actions, judgments, transactions, and pro-ceedings whatsoever heretofore or hereafter made, received,entered into, carried on or done by said association before theadoption or certification as aforesaid of such change of name,but wherein the said association shall have been called by thename BO subsequently adopted, are hereby declared to be asgood, valid and effectual in "law as though said association werecalled therein by the name set forth in its original certificate ofincorporation.

Supplement.*

1. That every mutual loan, homestead and building associa-tion organized under the lawd of this state, or doing businesstherein, shall furnish, through its secretary or other appropriateagent, to the chief of the bureau of statistics of labor and indus-tries an annual statement of its business and condition according .to the form required, and on blanks furnished by said chief,which eaid statement shall be duly attested, under oath oraffirmation, by the treasurer and an auditing committee of thestockholders or board cf directors of Baid association, and thesaid board of directors are authorized to appropriate from thecurrent income of said association a sufficient remuneration tothe secretary thereof fjr preparing the statement aforesaid.

2. That on any failure to make such statement the said chief,or his authorized agent, with the approval of the governor, maymake an investigation of the books, securities and accounts ofany delinquent association, which books, securities and accountsshall at all times be open to the inspection cf the said chief orhis duly authorized agent as af jresaid.

*An-apt'relating to mutual loan, homestead and building as?8ociatioi s,approved June 13:h, 1890 (P. L, p, 441).

33


3. That it shall be the duty of said chief of the bureau ofstatistics of labor and industries to publish annually a concisereport on the standing and condition of all the said associationsdoing business in this state, and to furnish each cf said associa-tions with one or more copies of such repDrts. '

1893 - New Jersey State Library

Documents