Digitized by the Internet Archive in 2018 with funding from University of Illinois Urbana-Champaign Alternates https://archive.org/details/reportfinancials00jewi_0 Briggs St. N. Y. Lebanon, Conn Colchester, Conn. Fallsburg, N. Y. Hurleyville, N. Y. Hightstown, N J. Parksville, N. Y . Woodbine, N. J. Carmel, N. J. REPORT AND FINANCIAL STATEMENT OF THE Jewish Farmers’ Cooperative Credit unions MARCH 31, 1913. Compiled by the Jewish Agricultural and Insdustrial Aid Society, 174 Second Avenue, New York City. s v j NAME Commenced Business No. of Members No. of shares outstanding No. of loans granted Amount of loans granted ' i Average per loan No. of loan repaid 1 Amount of principal Collected Interest Collected Am’t of loans outstanding Total Assets Total Liabilities Assets over Liabilities Fairfield, Conn. May 1911 28 100 89 $5,080.00 63.82 60 $4,345.00 $122.90 $1,335.00 $1,552-12 $1,500.00 $52.12 Ellington, Conn. ... May 1911 23 * 112 72 5,905.00 82.01 49 4,305.00 182-04 1,000.00 1,074.04 1,500.00 114.04 Rensselaer, N . Y. May 1911 32 90 72 4,099.00 50-93 44 2,505.00 104.09 1,594.00 1,598.18 1,480.00 | 118.18 March 1912 4:s 112 GS 4,500.00 07.00 45 2,060.00 iis.g:! 1,000.00 1,642.23 1,500.00 82.33 M arch 1912 122 27 2,142.00 79.33 429.70 142.70 1,712.30 1,700.79 1,010.00 150.79 April 1912 27 105 39 2,490.00 G3.S5 14 920.00 92.55 1,570.00 1,597.05 1,526.00 71.05 April 1912 43 111 54 3,810.00 70.55 32 2,340.00 95.45 1,470.00 1,637.44 1,555.00 82.44 May 1912 31 114 05 4,231.00 05.09 39 2,010.25 80.27 1,620.75 1,040.97 1,572.00 08.97 Jany. 1913 100 830.00 92 22 24.90 830.00 1,524.90 1,500.00 24.00 Jany. 1913 23 115 12 1,150.00 95.83 50.00 27.50 1,100.00 1,589.14 1,575.00 14.14 Febv 1913 27 95 16 1,235.00 .19 24.20 1,235.00 1,292.28 1,275-00 17.28 Feby. 1913 35 135 23 1,485.00 64.56 29.52 1,485.00 1,090.90 1,075.00 21.90 Flemington, N . T . March 1913 21 | 100 [ 22 1,494.97 07.95 | - 22.50 | 1,494.97 1,513.47 1,500.00 13.47 Perrineville, N. J. April 1913 32 100 Ellenville, N. Y. April 1913 35 102 Maplewood, N. Y. April 1913 28 100 Stevensville & Ferndale, N. Y... April 1913 34 101 • Totals. 519 1S20 568 $39,111.97 69.00 293 $20,404.95 $1,133.25 $18,047.02 $20,719.07 $19,888.00 $831.67 Total number of Credit Unions organized 17. Total in operation March 31, 1S13, is 13. These have been doing business for a period averaging 10 months and 24 days. Their net assets amount to $831.67, that is, at the rate of 11)4 P er cent, per annum on their capital. Of the above Credit Unions, eight are located in New York, five in New Jersey, and three in Connecticut. Three of the Credit Unions were organized in 1911, five in 1912, and nine in 1913, four of which did not begin business until April 1913. , (Reprinted from “The Jewish Farmer” June, 1913.)