The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-01-16

TOTAL amount Oh losses the year. $o9l ,6S7
Their amount at risk marine wereon first day of De
csmber $s3, 1874 1885, and fire $42,sd6R5 Their aggre.
gate capitals 81 s75ooo and their liabilities WERE
therefore, seventy five millions to four which
rather strong expansion Of credit The largest amount
Of marine risks held by the Neptune Office being
$7,2ss SAT- The Merchants had $67ss sos of MARINE
and So ll8 TAO fire risks; and the Manufacturers 1874
s5s marine, and ala fire. The average d.
vidends are of American office Ia as Boston
II, Tiromen's as, Manufacturer 90 2s, Mer.
chants 2sS, National Is Is Neptune 70 rs, fremont
% AS United States IL 5, Washington - 49, and Mer
camille Marine 10 is per cent per Three of the
New Bedford Offices return average dividends of IS AS
"a 49, and - 40 per cent per annum. The whole nsu
capital Of the State (besdes MutuaD So
and the risks marine 500 oasl22. and fire s4a eo
The investments are, 406s9l of Massachusetts, bank
stock slss 2 Safe scrip S452 ss4 real estate and on
mortgage of $3.50 992 Loans collateral s304 6s5
and on personal security Invested in railroad
stocks $255 49, United States treasury and scrip
$4,000.
This gives very favorable view Of the affairs Of these
companies, showing that Investments in them are very
productive The concentration Of capital at the east in
al kinds Of good stocks, is imrccnse fancy stocks ind
few purchasers in that section of the country Govern
ment, State manufacturing, bank, railroad reinsurance
stocks are held in Boston immense amount and
annual amount received in that vicinity for dividends
enormous. The Western Railroad Company contemplate
making dividend. stock dividend in addition to the
cash dividend Of three per cent talked Of which has
had very favorable influence prices Should divi
dend any thing like that anticipated be realised this stock
must reach par
The exports Of domosiics from Boston for The elk
ending the nth inst to Smyrna, 29 bales; Rio
nsiro 1888; Cuba, o. Calcutta AZ. Total 400 bales The
manufacturing interests OF this country have within the
past year two been steadily improving until they may
now be considered permanently established ard
the control influence Of any changes in the tariff
laws Notwithstanding the immense impertstioEs of f..
reign manufactures last year, cotton aud wooden
manufacturers have been actively engaged being
PEELED at times to day and night. The supplies Of
cotton and wooden manufactures thrown into mar
kcs the past ear have been unusually large from
sources prices Of both foreign and domestic goods
have throughout the season. been steadily declining.
The dividends OF the domestic manufactures for the past
year. have been large heretofore and compared
with many other kinda ct investments, have been less
productive. The expectation Of cotton manufactures
from this country is probably the profitable part Of
the business Of these companies but yet this branch
is in its infancy. 1t is estimated that at least
eighhs Of the quantity Of cotton and wooden goods
uacturea in this country, consumed here Markets
abroad annually springng up, and few years will
suffice extend export trade in these goods very
much, leaiing TO increase ia the manufacture Al
home, and steady decrease in the cost Of productions.
Competition will work wonders in this, find
that within the few years prices have fallen OF
much In 1919 common Wnlthsm sheetings sold in Bos
ton at 30 cents per yard better description Of good
now sells at 6fc per yard In 1919 We imported car
goes Of cotton manufactures from Calcutta while in 1874
exported three thousand packages of the same kind
Of goods to that port and upwards OF twenty thcussn'
packages 10 China which ne,,ed satisfactory profits
The East India markets must eventually b Of immsns