1893 - State Library Information Center

166 STATISTICS OF LABOR AND INDUSTRIES.drawn voluntarily by shareholders, 85,636; forfeited for nonpayments,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 differencebetween 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: