The American Exchange and Review Volume . 38

The American Exchange and Review Volume . 38

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1884 edition. Excerpt: ...Cooperativism.--J. M. Forster.wTio is co-operative as well as insurance commissioner of Pennsylvania, exhibits for 1883 in Part II of his eleventh annual report figures of twenty four Pennsylvania co-operative companies and eight of other States. The commissioner says, that the jurisdiciion of his department over assessment life companies is very limited. All question as to the rights of oiher-State co-operatives in Pennsylvania "has been set at rest by the passage of the act of June 5, 1883," which was a piece of legislation "shaped wholly by representatives of assessment companies and in their interest." The membership of the Pennsylvania associations declined in the year from 28,238 to 22,790, while the eight cooperatives of other States, which are just now on the advance, increased their membership from 51,769 to 76,453. The Pennsylvania co-operatives reported 478 deaths in the year, and the other-State associations, with more than double the membership reported, but 378 deaths, that is to say the death rate of the former on the mean annual membership was 1.87 per cent., and of the latter 0.59 per cent. If the latter ratio be correct it will explain the rapid forward march of the other-State associations before the order of co-operative dying is reached. We keep up the record as the associations pass onward and away, and so add the results of 1883, as to the Pennsylvania associations, to the figures of the previous four years. The last year in something repeated the work of 1879, excepting in 1879 the method was advancing. Minnesota.--The total fire and inland insurance business of 1883 in Minnesota, not including the business of the township mutuals, as reported by the companies, was: Risks written $188,063,006 more

Product details

  • Paperback | 88 pages
  • 189 x 246 x 5mm | 172g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236610407
  • 9781236610409