1893 - State Library Information Center

160 STATISTICS OF LABOR AND INDUSTRIES.587, $588,306 and $477,287, respectively. There are five associationswith 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 outstandingare: 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 Brunswick,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 outsideof the State. See above. *