New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-17
The Boston Fire.

carried was about thirty mics:
New YORK, November I3.-The worst
statement of the Boston fire still keeps the
amount considerably under $I00 900, 000
without reference to salvage, which will
reach one-sixth and perhaps one-titth Of the
total loss. The insurance on Boston seems
| to rise, and the reported loss TO fall. The
pieces of property destroyed are valued by
assessments at So, $40, 800, but worth $l5,-
O00,0OO.' The sufferers include 2Sl3 business
firms. Of the total insurance Of SO $50, coo,
$50, 100000 will be paid.
The transportation companies to the East
have improved their facilities SO that the
clog of yesterday is not likely to be re
peated. Everything is cleared from the
wharves tonight, for Boston, though the
steamers were later than usual from their
immense freights. All the large hide and
leather dealers Of Boston are wealthy. Mr..
| Rhodes, q large leather dealer, has arrived
from that city to purchase new stock. He
says the shoe and leather trade IS con
Quoted by men who can easily stand all the
| losses incurred, but as they dig their safes
from out of the ruins they discover that
| matters are not SO bad as they expected. A
very few cases have been reported where
| men have asked for an extension Of time
for moneys now due, until the safes and
| vaults can be removed from the ruins and
| available funds drawn against. But there
| is not whisper Of financial distress from
| the burnt shoe and leather district There
Is not a man among them whose credit was
| good before the fire who can not buy as
| freely as ne dld before, on the uSuai credits.
! Inc disposition OF our hide and leather meF-
chants to those who have come here is in
| dulgent in the extreme.
The work of recovery is already under
| way. 4 steady stream OF returning refu-
! gees has set in toward State, Washington
and other streets on the borders OF the
| bLackened territory, bearing back to The
| deserted premises the goods and papers
| winch were removed Saturday and Sunday
| to other parts OF the city. Jordan, Marsh
| q Co. conveyed a million dollars worth Of
| property to the residence of members OF
the firm, TO the Somerset Club, the Syna-
| gogue on Warrent0n street and to other
| places OF safety. The Coliseum was used
as o storehouse by great many people. A
bank president is mentioned who had two
| millions in money and securities conveyed
to his dwelling. To-day the streets are
crowded with vehicles transferring goods
back to the warerooms and offices from
which they were so hastily removed. Many
of them seem to have been gathered up in
great disorder. The packages are often
open, and the rain is falling upon costly
fabrics exposed in open wagons, handcartA,
or carried in mems arms.
The newspapers are filled with the an
nouDcements OF houses that have resumed.
The 4dCertjSeT prints this morning double
its usual number Of advertisements, and at
an early hour last night was obliged to
close It's counting room and refuse TO take
any more.
Business houses which last week OCcu-
pied immense structures of marble and
granite, are now content with an upper
l0tt, or perhaps with desk room; but IN
these narrow quarters they are preparing
to continue their commercial transactions
immediately on the usual SCALE and there |
Is rivalry everywhere IN getting to work as
quickly as possible. The city government |
Is urged to permit the erection OF temporary |
wooden onllolnSs on N me common 1or ousl-
ness purposes, anu II I1e ordinance passes, |
me dry gGods trade Will Pr0b&oiy TX Itself !
mere lot inc WINTER WINE tne leather trade |
purposes occupying Vhe puDAc 12nQ al Fort |
HiL.
Inc public sentiment IS very strong in !
iaVoF ol widening ana strengthening the |
business avenues. Ihere Is some fufther
oeiay' though IL VIII not De long, WhIle the
merchants are still ignorant OIL the coAdI-
non non OF thelf safes
Inc Fauit7 anu satt5 OF many business
firms stood the terrible trial, but many
others nave certainly given away, and
many are SUN so not that IL ls considered
dangerous 70 open Inelh' deep uh02f the
runs, III the heart OF the ire, are many |
more Whlc men can not pc reached for several
days sell Ihero Is no Abatement ID the
general 1eeilhg OF elasticity, and even OF
good humor winch mas been SO remarkable
throughout this whole disaster The losers
are generally men OF large capital and
long established credit; who will bear up
under the blow without great difficulty
even should the insurance companies pay
no more than twenty-five OF thirty per cent
There Will, OF course, be great call for
money Wheh rebuilding faIrly begins. The
new warehouses are likely to be as costly !
AZ the old, and II money will make diem
1reproof Boston builders Will spare no eX
ira expense to attain so desirable an end. |
Most OF the capital spent upon those build
n9s, after the insurance companies have
)aid what they can, must be borrowed
a plan has been preached for making the
'lty the lender OF these vast sums. Bonds
re TO be issued, according to the scheme,
mo loaned 20 the builders, under proper
that the proceeds shall be hon l
Stiy expended for the restoration OF the ,
ulhed properly; the city securing itself by
a0lt9ages on che estates. This device I
aeets with laV0f' and VIII doubtless be '
rought before the proper authorities ilame-
The current of air created bv the flames
'as 50 great that fragments of paper were -.
armed thirty miles away; leaves of check l.
7anoyer and East We4D5 5o az a'Iuh sy
I Abingdon: Hanover, and Pembrr Is A'l, :,
haired $50 note was nirEoI mn Of 4l,I ~ ',
bington: the glare of the cor7aarafi", ny =
zen bv night at Concord New E,frnehiro :,