The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1872-11-11

cent below the closing price Of Saturday,
on Union Pacific at 0 per cent below Sat.
urday's closing price, and on Western
Union at per cent below. go
The Spectator, an insurance newspaper,
In summoning up the losses by the lire at
Boston, gives the following facts: The
Firemens Fund Company, Of San Fran
cisco, lose $40, 900; the ALPS, Of New York,
loses $48. 500; the Fairfield County, $780,.
900; the Exchange, $4,000; the Citizens,
100000. The Star Insurance Co. will
not exhaust its surplus. The Arctic loses
$4,000. the Phoenix, Of Brooklyn, loses
450, 900, the Manhattan, OF this city,
$4,000, the Resolute, $4,000. The
North British and Mercantile q year ago
had nearly 100000 risk In Boston. The
Commercial Of this city will not exhaust
It's surplus, The Germania, Hanover,
and Republic companies will continue
their business. The Howard company
has no losses. The Spectator says the dis.
aster to insurance companies does not
warrant the great approximations felt as 10
Its consequences The majority Of risks
arc believed 10 be In local companies,
and the aggregate Is distributed among q
very large number Of Offices, The ma
jority Of New York and other companies
outside Of Boston will Withstand the
shock, including the companies doing
business In Boston, In other States, and
those Of that city. There are, says the
Spectator, one hundred and ninety.twO
companies affected by the fire, their com.
bined assets amounting to Sl57,220, 1865,
The Spectator estimates that the insurance
loss by the Boston fire will amount to
$l0O, OO0,0 900. The district burned Is
much smaller than that destroyed
at Chicago. but the contents are
Of greater value per block. The
less will fall heaviest on Boston compa.
MES, the greater part Of which confne
their business exclusively to that section.
The loading companies may be expected
to stand, with few II any exceptions.
The Times will tomorrow publish the
following list Of companies having risks
in Boston, and the full amount Of risk In
the whole city, though impossible to tell
the losses Of each New York Insurance
Company: Etna, 81 ,220945; American
Exchange, 1877 500; Artic, $S5, 400; Ciu.
zens', New York, $12G,SO0; City Fire,
1886 $50; Columbia Fire, $95S01I; Com.
merce, Albany, $lO4975; Commerce,
New York, $1,0iS,sl5; Commercial,
$54l ,792; Commercial Mutual, $500, 600
HARTFORD, November l0.-There has
been great excitement hero all day over
abe Boston fire. In insurance circles
there was at first great anxiety felt, but
when the officers obtained correct &C
count Of the fire limits and had examined
their books, there was at once q feeling oil
relief, and the losses were not 90 great AZ
had been anticipated. Every company
here will SO through in safety, but many
who were depending upon January divi-
bends, will suffer great disappointment
The Connecticut Company loses the least
and will pay every dollar out Of It's sur,
plus. The Nationals losses are Sl25 600
and its surplus $4,000; Orient, $3.50 1000
and has surplus oil Just about thai
amount The Phoenix will issue to.mor.
row the following circular:
PHOENIX INSURANCE COMPANY J
HARTFORD, On, November II. I
To tie agents Of The Company:
GENTLESrEN-We have advices from,
our agent in Boston, which are confirmed
by records at this office, that our policies
in the burned district will not exceed
100000. Our net assets, after deductinr
all the liabilities previous 10 this Gre, arc
upwards OF 81, 100000.
lSlgned) q. KELLOGG, President.
1t is probable that the loss will
be much less than the aggregate
OF the policies, as large stocks Of goods
were removed. The Hartford Company
has issued the following circular 10 il:
agents.
"0ur entire amount at risk in the
burnt district and vicinity is 100000
From the latest information received
our probable loss ia about $500 600
The old Hartford Las $2,355, 900 assets
and will meet its engagements promptly
as II did at Chicago.
GEO. L. CHASE, President"
The Rtna's losses, though not definite.
y SSANaluSuS Oul carefully appEOXi
mated, will not exceed $756OO0. The
total losses by the Hartford companies
will exceed but trihe 100000. They
are all safe.
WASHINGTON, November 1O.-Secre,
tary Boutwell, received dispotch this
afternoon from Gen. Burt, Postmaster al
Boston, saying: Our present postoflce
and sub.treasury are now burning. The
treasury vault will not be Injured. The
new building has suffered but little, bul
the centre block around the new
office has been entirely destroyed. The
fire makes clean sweep from the head d
Summer Street to Fort Hill. MANY dis.
patches were received BY the Secretary o.
the Treasury from bankers and Insurance.
companies, both in Boston and New
York, saying that there is quite panic in
those cities. The Secretary telerrsphed
TO them that there Is no reason for panic
and adVies them not to yield, as he win
do all he can to sustain them.