906 



It will be reinenil)ere(l that the date to which taese fij^nres refer i.s Deoemher 31, 

 1887. The ]>aid-in capital ami reserve funds, with the (lejxKsits and other borrowed 

 capital of the institutiou8 iiiakin^f returns for the same date, are given helow: 



CouDtries. 



rai«l-in 

 capital. 



Dollars. 



Germany 20. 330, 226 



Au.stria' t 9, 815, 250 



Hungary 8. 737. 712 



Italy 15. 875. 436 



Russia 2, 488. 459 



Total. 



63, 247, 083 



Reser\-e 

 fund. 



Dollars. 

 5, 770, 262 



3. 822, 600 

 512.325 



4. 218, 594 

 453, 569 



Capital, ' Uejioaits and 

 inelndiiig other bor 

 reserve, rowed funds. 



DoUart. 

 32. 100. 488 

 13. G:i7. 850 



9,250.137 

 20, 094. 030 



2. 942. 028 



DoUarg. 

 101, 655, 893 

 77,310.360 



6, 640. 802 

 82.5.51,285 



3, 522. 433 



14,777,350 ] 78,024,433 



71, 680, 773 



Total 



capital 



employed. 



DoUart. 



133, 756, 381 

 90, 948. 210 

 15. 890. 839 



102.045,315 

 6, 464, 401 



349, 705, 206 



In round numbers the total capital employed may be set down at $350,00(1,000. 



It will be ke]>t in mind that these amounts are exelnsive of those of associations 

 not reportinjj. which comprise al»out.">l> per cent of the Schulze-Delitzsch credit unions 

 of Germany, 2."> per cent (as estimateil) of the jieojde's banks of Austria, and i>robably 

 about 200 of the rural cooperative lianks of Hussia, while they are also exclusive of 

 all the figures for the liaiffeisen associations, which are too scattered and fragmen- 

 tary tojustify an attempt to estimate their amount.* If we consider <nily the associa- 

 tions making returns, Italy, in proportion to her population, outranks any one of the 

 other nations in respect to the amount of ca]>ital emi>loyed by her popular banks. 

 Russia, on the other hand, while standing quite high in the number of banks rejiort- 

 ing, exhibits an amount of ca])ital which, as compared with that of the tJcrmau, Aus- 

 trian, or Italian popular banks, is utterly iusigniticant. 



Miscellaneous Report Xo. 4. 



Wages of farm lauor in thk Initki) States (pp. 69). — Xotes 

 and tabulated data on investigatious of wages at nine diflerent times 

 during a period of 2(1 years (lS(>0-02), on .lie sujtjtly of labor in the 

 difterent States and localitirs, and on wages in earlier years. 



The investigations of rates of wages for farm labor, nine of which have been ma<le 

 during the past 26 years, have been very complete in method and satisfactory in 

 result. Beginning wlieu labor wiis in demand to repair the wastes of war, tlie 

 average rates were high, gradually declining, finding lowest level in 1879. tiieu 

 rising to a normal status, which has been maintained with wonderful uniformity 

 during the last 10 years. 



WageK, without board, per n^onih. 



•The Italian associations ji£. the Wollemborg type are also omitted, but of tbesu 

 there were only 18 at the clos'e of 1887. 



