150 of the English societies whose accounts showed deficiencies amounting to £27,850; two Scotch societies minus £862, but no Irish short. It is a pity to have to record that there have been failures in Birmingham, foremost among them being that of the Victoria Land and Building Society, which came to grief in 1870, with liabilities amounting to £31,550. The assets, including £5,627 given by the directors and trustees, and £886 contributed by other persons, realised £27,972. Creditors paid in full took £9,271, the rest receiving 8s. 9d. in the pound, and £4,897 being swallowed up in costs. The break-up of the Midland Land and Investment Corporation (Limited) is the latest. This Company was established in 1864, and by no means confined itself to procuring sites for workmen's dwellings, or troubled about getting them votes. According to its last advertisement, the authorised capital was £500,000, of which £248,900 had been subscribed, but only £62,225 called up, though the reserve fund was stated to be £80,000. What the dividend will be is a matter for the future, and may not even be guessed at at present. The chief local societies, and their present status, areas follows:-- _The Birmingham Freehold Land Society_ was started in 1848, and the aggregate receipts up to the end of 1882 amounted to £680,132 12s. 7d. The year's receipts were £20,978 16s. 5d., of which £11,479 represented payments made by members who had been alloted land on the estates divided by the Society, there being, after payment of all expenses, a balance of £11,779 12s. 9d. The number of members was then 772, and it was calculated that the whole of the allotments made would be paid off in four years. _The Friendly Benefit Building Society_ was organised in 1859, and up to Midsummer, 1883, the sums paid in amounted to £340,000. The year's receipts were £21,834 19s. 6d., of which £10,037 came from borrowers, whose whole indebtedness would be cleared in about 5-1/2 years. The members on the books numbered 827, of whom 684 were investors and 143 borrowers. The reserve fund stood at £5,704 5s. 9d There is a branch of this Society connected with Severn Street Schools, and in a flourishing condition, 32 members having joined during the year, and £2,800 having been received as contributions. The total amount paid in since the commencement of the branch in June, 1876, was £18,181 13s. 11d. The Severn Street scholars connected with it had secured property during the past year valued at £2,400.