Friendly Societies of Victoria

Feilding Star, Volume V, Issue 39, 3 April 1884, Page 3

Friendly Societies of Victoria

Thf» rfpdrt of Mr Havt-r, Govrrn ment Statist, on rh- Frun \y ocie'ips of \ icti ria 'hows, that during 1 tin 1 year 18^2 ilif-e witc 32 [>arenf socieiies and 776 (tranches fxisfmir in that colony. 'I'ho mean numbci ot members was 61,399. The inemmof frendlj sucietiei for the year was £194,8;};"), ami ihe rxj»onuiture, £I6O,?JJrf. 'I h«^ increase in tlie funds lii<i not kept puce with the increa.su of m^inliprs s" than the average sum to the credit of «'aeli member, deducting debts, was £9 15s 2(1 or Is 4d less than tho averag-e ol the previous year 'Ihe contributions and levies to the sick and funeral fund amounted to £64,168, or £1 5s per member. The payments to the incidental or management fund came to £76,862, or £1 9s lid per member. The admission, entrance, and clearance lei s amounted to £8961. or 3> 6d per member 'I he amount invested was £445.815* on which interest amounting to £'J4,491 bad been received, and 90£ per cent, of the fuuds were invested. 'Ihe number who received .-ick pay in 1882 was 8505, and the average duration of sickness per member was 7^ days. The sick |>ay averaged 19a 8d per member, and the deaths of 606 members »ni 277. members' wives had occurred: The funeral donations during the year came to £12,996. ; .the payments tor medical attendance to £53,397 ; and the expense of management to £27,544