, 1901-01-26

stock In the first series will ma
ture with a partial payment in August
of this year.
Premiums.
The premiums during the year 1900
averaged 1914 per cent. The highest
premium bid was 20 per cent, and the
lowest. Is per cent, or the minimum
premium. During the first year of the
first series, the premiums averaged
25A per cent. The highest premium
was 81 per cent. and the lowest II per
cent. During the past nine years the
have averaged 1873 per cent.
The length Of time that a series will
run, depends more upon the premiums
than anything else: for example, If
the premiums had continued to aver
age 25A per cent per annum, the same
as In the first year, Series No. 1 would
have matured over two years ago, but
in such a case those who could i'll af-
ford to pay such high premiums,
would have been the sufferers. 1t is
u,o,, .h,. .bo,o ".o,a a., .;uo,, ~
passed into history, for it is much bet
ter. for the borrower, who is really the
life Of the association, to have low
,ou ~ -.
tha moro monou 10 ao., ..,.,o ,.uo,
tor has certainty no reason r. com.
Main for tho assooio,;on MOVIE h,,
noo.,u N ~ 49,. ~ "a.
,n,.,two,. =. ,.ru 49,. . A.
.h,vo thot +. 10 .h,o,u.o,, ;mno,,,h,o
~, INV ono 20 .ou WOW, mo,th, !, ID.
y.noo i,,.t how Iona q w,,I t.Lo y
bu,,d,no ossocio+,on 70 m,trr g.
stool IN N. d;ror.nt sor,os for .ha
s,mn,e reason that No ono can foresoo
what Tho n-.u;uns mil, h. or uhot
tbo nroe+s vii, ha frou ro,rntou.
w,tbdr.wo,s or what tho ,osses w;I,
he-au q, which mrst no t.Lon int,
consideration in d~eterm;n,no tho ,en,,n
of t;mo that . ser;es will RIM and
whom tho FRO vo,I;,v ooo,+. 80 ,uts,a.
as.oci.tions ascent +hot ,hov will mo.
t,re thor stool in . cert.in numho,
n, months q 10 s.f. IN brand tbem 90
imnosters "a treo ia known NV hi,
f~ruits" Tho wav tn i,dpe an ~associa.
t,on 10 not nv nrom;.a. h,,. hv ro,,,,t.
sevoro, vo.rs 900 Tho ooont. ~ . oor.
tain Denver concorn o.r,no tool, a
hui,ding and ,oon os.oo;ot,on hut n
~rea,itv a ,ra,d,,ont ,nvestmort o,n-
nonv mon,n,,ot.d hv . ,ot =, .h.uno,,
com. - nj. tonn a,a ron,,,o,.as a.
o,r noonIo hot th.v would m,t,,o
tbe,r stool n 70 month. Nh. m..ur-
cd vo,,o =, th;s stoot wos on,v .1oo m
nor sboro ond vot :, ro,,,r.a n.o,,v
IN months - motu.o ~, ..,o,, h,.
N. -..roLarsn hoa No o.hor a,to,,..,u.
.xo.n+ ~ Loon ~ nov,na tho,u mo,.h
~ ,nstoumants -, Az, 40 ,nta,a.. mn
an ~. ,.ooh u,t,uaa Al, go. =,
,,t,,o,, NJ. 80. ,...,, :. ...-
soc,.tion what +bev thinL oh,,,. NV.
vor assoo,..,o,. .na ,,o,, vii, a,a a..
nav hauo ~ a.s,,. - ro,o,t ~. -
nor,mon, h,,,,d,na ..soo,.t,o, 4,
~ ,.,a, =, ,.n.h,. 80 49,. 49,.
4. oil r,ah. hit ! h,,,,d,na o,,.o,o.,..
IN .ho ha,a. =. r,,aous !, ,,,oI, >,
h. on,wrona
Ad..,.. 80 e..,., A....,...
A,th.,ns -. h,u. ,,.I,o, ...h.,.
~, oil ~ ,ooo;,.. a,.,,n ~ 80. &C.,
,or nc nurnosa =, radeemina ~ r.tir.
inc .,oot n s.r,o, No , va ha,a Nv
ortho,a.. nod. lows omorn.,,a !, ~
o-go-ag,to - +ha srm 80 eos nm m
a., mont,iv r~.oo,nts ara now ahor.
% 5oo mn nor month All tho monov.
rece,vad n Tho direrent sor,as IN ~.
count =, a,a. ,ntoro.t eno. oto owe
no,a ~ . nmon t,.,s,rv .,a ,uo
.o,d - .ha h,ahoot ,ddor tha ..ma =.
IN Tho III CIVIC bu;ld,ng ossoc,ot,on
IN which ,hora oro M oor,o. or ., vo,,
n,eoeo onIv ono .er,es - two or NOV.
,.o,,ot,on. uoro ao;,a h,,,;
nos. IN or town no,thor =, ,h.m would
nov. vorv mrcn m,nov 10 ,oor a. onv
maotina ona +ha .uooa.s,u, NAL,
uo,,,a ~ - volt .ho,. . 700, ho,oro
--,. -.
,oan =, e,o mn m h,,. 4 our o.soo,a.
49, 49, h..,.. III A..
-
monts. n.on,aoa ~, 4. rooo,n.s 49,
naas $50. $1,000 NJ -