New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-01
THE TARIFF AND SAVINGS
ro,rs CONDITION OF THE WORKING
.vN IN THIS STATE AGAIN SHOWN
~ 1901 OF s4 2o6as IN THE RE
oa,rrs OF THE A5 BUILDING AND
,o,y ASSOCIATIONS.


LOAN ASSOCIATIONS
,.vp CORRESPONDENT or The 1Ribo Me-
.,honvI Sept. 3O.-The statement ina'u ,.,o
~ an The Tribune OF to-day, showlns ' I1
~,Linc neoplc Of Ncw-Jerscy were '',, ,,,,"o ond
~en ~a .e, % tber investments in the odliaiNS ""'
S''ooS'oI'..,ions of that State in lSel-the year
ioah No ,assasr OF the Mckinney larin
suo'ee ~ roneated regarding the working peope
eo'- go. Of New-York According 10 ''ie a.,
u ,o -, soon 70 be made public, OF ohariee -i
nua ,he Democratic Superintendent OIL V"e
, nsnartnent regarding the resuio VI "lo
-o.,.rs of the building ana loan
~ ,L;s State in 1891, the numocr oil '''so na
u 80 sorsosed in that year from $50 10 80 "A.'
49, total receipts rose from $l4,oe',o'
go ,ss7qo. an increase OF $i'Soo'o' ,.
NJ Preston's annual report oonce'N''s . W." zoo,
49, Showed that in the course OF 'i'e 'eaa
inss onHN on ,noreasc of sa wings bank dep sits
'0'A ~ % sl3.755,44s q. That was porcoA
amo ~ ,vorkingmcn Of the State saved ouo
oi innings in the first year the Mchiniey
OF .,.0" ,.os IN operation Now, in his annual
To-. oovcrinc the same period, concerning o"c
pSa;, i'p ond loan associations, he shows th'' 'he
'S-i-su.or npt Sls. s.7s9;72O more OF theH saw
., .ho hands of the officers OF these associa-
tions. v.,r,nndent of the
Charles F Peck, the Supcrin'on' noa
-, -, Labor Statistics. it will be rencmoeie~'
81 his ,eport about the earnings Of "orNi1s NC
a. ,he same year, 1891, showed oi"O ">
not increase of $6,371,923 os III 'nei'
- a,d net increase Of S3l, 5,lovoo L"
.h. value Of the goods they produced. Iheh came
80 State Board of Equalization, ha'lns "s i
obors all the Democratic State onicefs anu
Tho three Democratic State Assessors anu "'''
hoa,a declared, on September 6, that merc wac
- ;ncrease in the valuation Of the real ana per-
.ol nronertv of the State for purpose ei 'aAa'
Zion amounfina TO 81 52,347,753. Inc year io'i'
.hoofora was not a year Of caiamlV 10 'ho
.,.orlingnen and 10 the property-owheis el U''o
C,a.e as il had been predicted 1t would De oy
nonocra.ic orators the year before, wheh oeS
r,ada their savage attacks upon the Mckinney
Tariff act. The figures Just cited look wei Al
,oblo and are therefore cited below as the
~;o1 rao,rd Of New-York State in the year
N.."oaadirs the passage of the Mckinley act:
~. increase Of a. iia399 39 S SS
Net increase Of production i5 75544s -
In, snsfsS tm invested during year in building
,,odsd and loan N t5e ysmStion Of the real and
p@rsooal property Of the stae''-.-. -'1o-''f'''o'
Mr. Preston's report regarding the building and
,.sn associations shows that they are mainly
n,,v associations. and that in the large manu-
taoturpp places they are especially numerous
Thus. in New-York, Brooklyn, Buffalo and Roch-
ester, they are more numerous than IN otheI
places Thus in the cities most Interested III 'he
Mckinley law and most affected by Its opera
ton. the investments Of the savings OF work
inmen in savings banks and in building ana
loan associations have been greatest. The re-
ceipts Of the building and loan associations IN
1881 were divided as follows: