Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1871-10-12
The Great Chicago Fire.
THE INSURANCE COMPANIES.

100000, of which about 100000 ere
owned by local companies and about $685.
100000 by companies outside of the State
of Illinois-chiefy companies in the East
ern States, at points like New York, Bos-
| ton, Providence, Norwich and Hartford.
| The assets of the New York companies
| are in various forms of securities, United
States, State, city and railroad, in bonds
and mortgages and in call loans on COLA
terals The only companies which are
likely to live through this terrible ordeal
are those which have been very oonserva-
lively managed and which have distribut-
| ed their risks in small amounts. In the
confusion of the day and with the natural
unwillingness of the officers of losing
companies to reveal the amount of risks
they have taken on property in Chicago,
it is impossible as yet to give complete
list of the losses which will fall upon
| assurances in New York, but a diiigent
inquiry has furnished material for the
| following estimates:
Beekman, 100000; Citizens, $4,000
Columbia, $1,000; Commercial, $4,000
Excelsior, $2O0000 Fnlton, 100000
Guardian, $4,000; Home, heavy; How
ard, 100000; international, 100000
| Lafayette, $780, Liverpool and London
and Globe, very heavy Market, 100000;
Commerce. heavy Htna, heavy; Mechan-
ice, $4,000; Mechanics end Traders, $780,
600; Merchants of New York. $4,000
New Amsterdam, heavy; New York, S15,-
900, No British and Mercantile, heavy
Pacific of New York, $12 900; Pacific of
California, gone Phoenix, $500, 900; Trad |
esman, $21, 600; Williamsburg City, $685.
600 Germanis, Hanover, Republic 81 Nj |
agara -four companies) about $1.OOO,O00 !;
total, so far as estimated, $2,S6S, 900.
Boston loses $618,0 Total assurances
East, SO far as known, So, 436, 500. 1t will
be seen that the total losses of the New
York companies, and those of foreign
companies who have agencies in Troy, are
estimated thus fare at nearly S3,0OO,0OO.
1t should be said, however, that several of
the companies named as holding risks are
not yet appraised that they have suffered
loss. They have taken policies in various
parts of Chicago, and some of them have
escaped with slight loss. Among these
are the Commercial, Columbia, Lafayette,
Guardian, and Pacific, of New York. The
amounts held by these companies in Chi
cago, given in the foregoing table are
therefore not of necessity total losses. 1t
is known, however, that terrible heavy
losses have been incurred. The Phoenix
will probably lose 100000, and the
amount cannot exceed $4,000 It's sur
plus ia $S507 SO, and it's capital is ST.
100000, with liabilities outside of Chi
cago amounting to 1913, 736, leaving
the balance On capital and surplus
over and above all losses, $1515.01S.
This is official. The English com.
u,bi nh ~ ~
are Liverpool and Globe, and the North
British and Mercantile have been very
heavily struck, bnt the latter hiss re-
served fund of $G,000,000 The exact
amount falling on these two companies
cannot be ascertained, bat their stability
will not be shaken. 1t is feared that four
companies at least will be wiped out by
the terrible disaster. Rumor names Beck
man, Fulton, Excelsior and the Pacific of
California, but we give this only as a ru-
NOR. Another rumOr says the New Am
sterdam lost all its surplus and part of its S
capital. The Home and Market oompa- /
MES are also heavy losers. The supposed
loss of the Market company will exceed
$4,000 The Howard company will
lose large amount, it is not yet known E
how much. It's liabilities in Chicago are c
$500, OG0. The Merchants Insurance {
company of New York, had only $1,000
in the burnt district, and has a net sur
plus of S233,4l4. over its capital of 81 c
100000, as the following statement shows f
The Merchants Insurance comp INV of t
Ibis city escapes the Chicago fires with
oss of $4,000, as the most extreme limit
If their loss. II
The Brooklyn Common Council held a
special meeting on Tuesday morning, and "
IN the recommendation of Mayor Kali g.
leisch. a resolution was adopted appropri- o
sting $500 900 for the relief of the suffer =
ng people of Chicago.
RELIEF FOR CHICAGO.
Standardization fire company No. V
;, held a meeting and appropriate 500 to D
be sufferers by the Chicago fire. The u
lrafr was forwarded to the Mayor. O.
NEW YORK.-At a meeting Of the
,roduce exchange, it was resolved to send
It once $4,000 from the exchange treas
Try to the Chicago sufferers. A large te
mount will be sent subsequently. A te
number of merchants met at the Hall of r,
he B ,ard of Trade, and adopted resolu-
ions of sympathy with Chicago mer- p
hants, and appointed a committee to &c
olicit subscriptions for the suffering in
be spot. 70
The action Of the Erie Railway Com =:
any in Cffsring to run special trains to -,
,hicaoo for the transnortstior ~ snrrIios th
as met with noble response from the th
itizens, whose gifts Of provisions and CT
lothipg are now constantly arriving at -
be depot at the foot of Twenty-third
treet. The depot presents an animated an
6 10
i've faster and faste~. Large drays load OF
with barrels and boxes are driven up fl
} the depot and rapidly unloaded by m
umerous porters and then quickly re- 49,
laced by others. Ladies' arrive in car al
ages with packages of clothing and
Their necessaries, and large packing boxes ell
i the depot, of which there are hundreds gi
ontrituted by merchants, are rapidly n.
He'd and directed to the Mayor of Chica-
o. The supplies thus far contributed IN
onsist mostly of bread, various kinds of ar
biscuit, Dried fish and other pro-
isions that will not readily decay, with 10
otblpg and bedding. A single firm has W.
iven "a hundred mattresses. Trains as Is
ist as they are loaded are to start at tw
oce, are to have preference over all other an
aius, make no stop but run at the sp
ade. AS fast as they accumulate, sup
lies received at the depot are loaded upon tri
argos and conveyed to the depot in Jer- a 7
" City, where they are packed ia new tut
eight cars. Ii is thought that twenty ma,
We cars will be thus loaded tonight, and pI
is intended to run this train through WI
Chicago at the rate of forty miles an no
our. Private dispatches received in tnis col
ty say that the new large elevator of the tn,
linois Central Railroad Company and oru
8 contents are saved and that only :,
venty freight cars are destroyed. The 0ia
counts and valuable papers were depos- ext
ed in fire proof safes. The money and ant
Iluable papers of the Merchants Savings mel
Dan and Trust Company are reported ate
we'd.
The printers in the Treasury Printing
ureau, started subscription for the re.