The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-01-10

six months has been profitable one for the
society.
The North New Jersey-street association
has started q new series.
The South-side association reports the
best six months in Its history in the half
year inst closing. The demand for loans
has been without precedent
The Thorpe Block association has made
more loans IN the SIX months just closed
than in any equal time before IN it's his
tory. 1t expects TO largely increase it's loan
account within the next year.
The Center Building and Loan Associs-
ton has enjoyed great spurt since the
opening OF Its new series. The four-hun-
dred-dollar shares, with weekly dues of so
cents, upon ten-year plan. ismeeting with
especial favor.
The Star association is preparing to graf
lily the popular demand for shares In small
amounts and issue a NEUTRALITY-SUSPICIOUS.
series. The payments will be the same as
on Its two-hundred-dollar shares OF stock.
70 cents per week.
The Indiana Central association has had
most prosperous year In the one just
closed, and starts into 1892 with every as
surance of success. The membership has
doubled within the past three months
Fred A. Gregory is secretary.
The Clifford avenue association held its
annual meeting last Monday evening and
decided hereafter to hold all meetings at
No. 81 East Market street. where deposits
can be made at any time during the week.
The Monday evening meeting for directors
has been abandoned. all sessions hereafter
TO occur during the day.
The Big Four ASSOCIATION. one of the IN
situations that does State as we'll as local
business. finishes it's first year with almost
ten thousand shares in force During the
month OF December one thousand new
shares were subscribed. During the year
the association made sixty-three loans.
J0hn turnas Is secretary.
The Rural association. composed largely
OF farmers. held its annual meeting yester-
day In the courthouse. The annual report
showed very prosperous condition OF
affairs. The society confines itself to farm
loans almost exclusively and loans only in
Marion county. The membership is large
and progressive and constantly increasing.
The RaiIroadmen's association. which
was one of the pioneers in the plan of re-
ceivlng small payments on loans. and
granting long time for their repayment.
has done. in the past year, the biggest bus
mess in it's history. The demand for loans
has been unprecedentedly heavy. and
shares have been taken heavily by in
vestorsL
The Plymouth association in quiet way
Is doing one ofthe largest businesses of any
OF the local societies. 1t is now five years
old and Its weekly collections run con-
slderably In excess of one thousand dollars.
At no time in the past year has the loan
departments been up to date. there always
being from three to ton loans ON hand
waiting for funds
The Keystone association started last
evening, in Room 81. Vance Block. The
directors and officers are all energetic. well.
known business and professional men. Ii
viii surprise those who think Indianapolis
has too many associations to learn that
this ,rc1ety starts out with eight hundred
sharss of stock subscribed, with likeli-
hood Of increasing the number to one thou
| sand within few DAYS.