1893 - State Library Information Center

COOPERATIVE BUILDING AND LOAN ASSOCIATIONS. 155N. J. Investment, Trenton 654State Mutual, Camden 43Mutual Guarantee, Camden 790Eastern Union, Camden 7These 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 happensthat the same shareholder is interested in several associations,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 reducesthe 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 ye^ars—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 followingcomparative statement:1893. 1892. 1891. 1890.Per cent, of shareholders, borrower? 24 4 25 25 24" shares pledged 27.4 26 9 25.3 26Average number of shares per shareholder 6-7 6.6 6.6 61" " " pledged per borrower. 7.5 7.1 6 8 6 6fshare? 2,135 1,971 1,914 1,723pledged 585 529 486 441per association - shareholders. 316 299 290 283borrowers 78 75 71 66