New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-05-22
GEOGRAPHICAL SOCIETY.

Tie American Geographical and Statistical Society
net on Ihursdsy evening. Mr. +. A. CoSsLlsc tho
Chairman Of the Section on L minerce AMI NAvgs-
ton resd paper on the statistics OF commerce. Inc
suhis CT OF marine and hfe nsa'soce was DISCUSSED al
G., siderable ergb. The huls Of vessels are for the
most part insured by the year, but in some instances
tie risk Is taken for sinsie voyage. The rsse OF
p emium il determined by The size or tuotsge oil tao
vessel, and whether abe is single, couoe or three
decked by her model and drsught OF vs'ef; by IN.
hind end Qusliy OF tue materials OF which saei, com
poeed by age, &c. Tne place of building vesssl
slso gees far TO tx her reputation With tee uha"r
iters.
The increase in the size of vessels within the last
four years has added maeri,ly 10 the h@A Tds 81
navigation. The s,repsth uss net been insreased
with thtic siz SNip- OF y,rY heavy .unnase sf pro-
ror,loualy ficult # msDsg.msuI, ana are c'ase-
quer tly liable T. dis der from the rdlnsry pr
lls II n VACATION.
In 1917 III. ii, i line Of Liverpool packets 10 tis
DO WAS estahisbtd by Isaac Wright >'n u -h't-
,ups u ~ q Cthers. l.. insisted ot four shi)s o.
4C0 TUE burcsn each IA. 'tlyr 81 ship Il ~ uos
was decht grOpui tnat she was TOO stse ior
he Trade Nov th.r. sf- probably 10 shps "ng tse1
that trade, scarcely any 81 shicn ate Il 'Ss tnah
eco tuus and suue a-e Of over OOo ,uns Ourti"n
A few ytar, hg tie opinion became rTevalsi. thai
the salty suc spe.o otsps II nsvig aIng tae OCEAN
we're pOpor IN tb-.r SIZE, aod ta,- ida found
xpe.sion in tie gerers augmentation OF the sac OF
sea OH v.sels. BD can no longer be ''onei thai
TIE experiment al m0uino'h ships mas proved i.i-
uIe. sbp of twelve enhir,i, or a. tbs most fifteen
OF commerce than ons Of i ger dInerrious. The ea
trem. clipper rig is hk,wi. uos admitted 10 b I'M
suited To- commerce.
Nc ,fiirsl returns of the condition Of tho Marine In
sursrc- C,mpsnss required by Law Ia ~ insd@ III
his State; consequently only spp"xia"ie '''t''ho~
ere stis,Dsbr.
Amount Of capital a. preset employed the Uai.eJ
sses1 BUSH maDs Insurance, ABOUT. s,3koeo
Do. the City OF New Yois about. S"10O
Am, II sud inland fish. .SnuAlly covered
Ar,,,se snosn, Of poc IN frc. a; "or TIM .St 5j4eo
cunt Of premiums sDhuiy received "n nsr'ue .,,,
Aaourt Losses paid snnusIy sipo. 1850 om 100000
The lstter sun WAS each a. ii net exceeded 10 ths
year 1854 watch probably the most disastrous Ia
TIE itory Of III detp commerce.
There are Line companies eng,sed In tho busi-
u. VI maiire msursnce IN tAs city, the oldest ct
wh,rh was sets bllshed IT, tie } ear lSi2.
Within the last twenty years. II Marie Insurance
Con paples have been organized la thls c.y, |! OF
which failed ami ~ the remainder have called
IL II Cue d n cir scrip
The average net earnicgs for twel year., of the
cssl employed 10 this br snch Of business Ia thr ely
OF Nev-York, probably nsse not exceeded ' osHI
T. sniuu.
The ,,ati,tics of one MerDe Inlurance Company 10
this city for perio ~ thirteen Jesrs tN.snting
iron 1879 70 1912, SHOW che following results witi
J.f,I.I ce Ia reuJsuces "a vessels: .
Pre6, on iii. smoun after paying osse. and deduct
irs5 ger CEN for .xpeu.s, but mailing no dow , u.
tor bad Debts. OS1t -
Or about ooo per cent the amount received or peg
the capital stoch tsasc for the entire term OF u
Ye. this Company, beside returning 10 il, share.
no Gers their capital pad evoencs to tho amount OF
| 800 per cent, Is resnIt which is unparalleled IN the
hrtcIy OF Marie in-u-ance: or course "a" Pronts
ger" .aLe6 w'oly by l0e n.Ks TAX on cargo.
lhe sGts'lcs OF iD,uraee az yess-is IN No cty VI
B'st"n during porrn 81 tje sa"" term ct y arr,
dIscos stl less favorable result there being c-s
Of IL AZ 100 per cent TIE amoust Of rremIuu.s re-
&c