1893 - State Library Information Center

CO-OPERATIVE BUILDING AND LOAN ASSOCIATION?. 175Number Associations,I1893. Ia0800 CQBurlington...Oamden ,Cape MayCumberland.EssexGloucester....HudsonHunterdon,..Mwcer ,Middlesex...,Monmouth.. ,MorrisOceanSalemSomersetUnion3 oli1119210258ISoB$25,569 00! 364 955 00' 312,930 00 185,989 0013 260 0053 560 ooi18,128 00,8 040 00102,54320,018 oo1009,018 0(t14 300 0018S74 00IS 500 0029 500 0014 261335i)1I- 9$8,573 002-\as 00(> .S00 0012«,r>l»13,97349,130J 4.00010,77077,41356,7505.30020,30000 000000000000000022 OOti 0019.000 00Total.8441$495,784 0049$458 326 00There 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 township,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 associationsbelong; but all the dwellings were not necessarilyacquired in the localities as stated. And while such returns are