E.—l.

1934-35. 1935-36. Number of contributors at 31st January .. .. .. 8,500 8,148 Number of members admitted during period . . .. 122 138 Number retiring from the fund during period . . . . 525 490 Net decrease in membership at 31st January .. . . 403 352 Number of allowances in force at 31st January .. .. 1,919 1,996 Representing an annual charge of .. .. .. £304,860 £315,438 Ordinary retiring-allowances .. .. .. 1,254 £250,113 1,288 £256,971 Retiring-allowances under extended provisions of section 75 of the Act, and under section 14 of Finance Act, 1931 .. .. .. .. .. .. 137 £21,121 142 £21,902 Retiring-allowances in medically unfit cases .. .. 184 £23,280 199 £25,575 Allowances to widows .. .. .. .. 279 £8,657 288 £8,936 Allowances to children .. .. .. .. 65 £1,690 79 £2,054 Funds invested at 31st January— £ . £ At 3 per cent. .. .. .. .. ~ .. 5,000 At 3| per cent. .. .. .. .. .. .. 2,855 At 3J per cent. .. .. .. .. .. .. 200 At 3| per cent. .. .. .. .. .. .. 1,200 At 4 per cent. .. .. .. .. .. 59,820 80,215 At 4| per cent. .. .. .. .. .. 54,160 174,055 At 4f per cent. .. .. .. .. .. .. 1,800 At 4J per cent. .. .. .. .. .. 17,195 70,082 At 4f per cent. .. .. .. .. ... .. 2,000 At 4f per cent, . . . . . . . . . . 500 At 6 per cent. .. . . . . .. . . 5,385 At 6 per cent. \Subject to reduction under the National/ 802,502 607,365 At cent./ Expenditure Adjustment Act, 1932 \ 9,431 6,250 Mortgage security acquired .. .. .. .. 3,255 3,109 Total .. .. .. £952,248 £954,131 Average rate of interest (per cent.) — Unreduced rate .. .. .. .. . . 5 • 745 5 • 374 After reduction as shown above .. . . 4-881 4-729 Unclaimed contributions held at 31st January .. .. £1,680 £1,279

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