New Orleans daily crescent., 1866-11-09
gsw oaeas asg @Esemt 9a1g gtatnlaa Noyeott l855.

contested, and Colonel I,oomis ordered the
hogsheads to be be coope led up and the tobacco to
os t prepared OF Saie at auction. Messrs. Roths
child, hearing OF this proceeding, brought suit
against Messrs Jibrell 81 Weisiger, and present |
the fecelpt5 OF those gentlemen for the hOgsheads
taken charge of bNthem. An application was
made 10 Judge Lyons to enjon the parties not to |
sell the '.obacco. He granted the injunction, and
nad uIe tobacco placed in the custody of Thomas
Y. dudley, city sergeant. This lot Of tobacco is
sdid to be peculiarly valuable, and Of kind that
I eannot be replaced if it should be sold.
| MARINE INsURANCE.-The Boston insurance
companies have agreed to insert the following
clauses in their policies on and after November l.
1866:
/. It is understood that this company is not in
any case to be liable for the loss damage to
another vessel or her cargo by collision with the
vessel hereby insured.
2. All bills for repairs of vessels must be ap-
proved by the agent of the Boston underwriters
| (who must also be represented on the survey il
there be an agent at or near the place where the
repairs are made, or they will not be allowed by
this company.
INSURANCE STAT1sTICs.-Th Boston board of
fire underwriters have Just issued circular which
says that there about siXty-fve million dollars
of fire insurance capital in the United States.
The losses during the last eighteen months in the
country have been some S90,000,0O0 For ten
years before the war the annual losses did not
exceed S22 900 900. 1t is a remarkable fact that
f the losses and expenses average about the same
bothin England and America, viz Losses seventy
, two per cent. Of premiums; expenses thirty per
cent. The taxes are: United States stamp tax on
policies daily, United States monthly tax on pre-
miums, United States semannual tax on dividends,
State semannua tax on premiums, annual state
: tax on market value Of stock: this last tax as
sessed on seventeen Boston companies, and due
r this month, is Sl07 ,797 G5.
The expenses have increased since the change
i in currency, in proportion to the expenses neces
IS sary to the conduct of other business Insurance
y losses are mainly partial. Mechanics will no
Il repair buildings for insurance Companiesfor les
y sum than for others. Bricks, lumber, and othe
= goods, to replace others lost or damaged must b
~ paid for at the increased prices. The insurance
a. before the war; high price and greatly increase
% moral hazard, was not always successful. y
lG three hundred and fifty insurance companie
: chartered in Massachusetts, during the last sixty
% eight years. only eighty are now in existence an
2 doing business. OF twenty-five mutual fire inst
=, rance companies chartered and located in Bosto
., since 1923, there are but three remaining an
ID doing business at the present time. OF thirt
mutual marine and mutual fire and marine compt
W MES chartered and located in Boston since lS2;
) one only strictly mutuatis now in existence an
5, operation.
III surance Companies chartered and located il Bo
d. ton since 1923, and having aggregate capital
at SIS $50 000 there are but nineteen with an aggf
e. gate capital Of 55,220000 still in existence al
i3 engaged in business. The mortality has bee
in urch greater in some States than in Massach
f3 setts Great numbers Of companies have bee
of obliged to wind up during the past year, in dle
"a ent parts of the country. On dwellings, nous
Jy hold furniture and frst-cass warehouses Il
present rates are the same as they have been i
re the last thirty years.
nd The new rates in Boston, as compared with t.
ct new rates in New York, are as follows, viz: {
he first class merchandise in stores, 70 per Gel
ry lower in Boston than in New York. If occupi
Ty by single tenant 10 per cent. lower in Bost0
lat On first class storage risks 80 per cent lower
u Boston than in New \ ork. On cotton on stoTaG
od per cent. per year, or 20 cents per month SaI
&C. in New York 3 per cent. per year, 60 cents