New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-11-16
TIE BOSTON FIRE.
HARvARD's LOSSES.
LILY TELEGRAPH TO THE. TRIBUNAL

Boston, Nov. 15.-Harvard University has
lost heavily by the Boston fire. held property In the
burnt district 10 the amount OF $4,000 including the
value OF the land and 1t will 100000 TO rebuild
Toward this work has of good insurance out OF
the SIG 600 for which it had paid premiums The perma
nent loss is thus reduced 10 100000. "1his," says
President Elliott ave must beg" BY the Losses OF the
fire. the University is cut of from about $4,000 OF rents
until 10 rebuild. Some OF the most essential erpend
lures OF the University we're made from this income
Several Of the Professors salaries were paid from IT,
portion was repair OF buildings, and the re-
mander was for the every day needs OF the College.
This 600 and 600 70 meet insurance assess
ents the relnsuranees Of buildings. collections ana
nbraries is needed Immediately order that the work
may 20 at Cambridge. The insurance was mostly In
Boston and adjoining towns The property destroyed
was located as follows: Nos. 1 to Arch-st "A to 2s
and As to 40 Franklinst., and Is TO 20 Hawlcy-st.
The loss falls on the ddereat departments of the Col
lege about equally The Divinity School loses fund Of
about OOO required for salaries and curren expenses
the School and collegiate departments suffer SINH
larly The 100000 required might perhaps be easily
raised by Harvard from its resources had 1t any
general fund income which draw but every fund
it has is pledged to some particular application,
and power in the University has authority TO divert
it, The full valuation given above, Sj62OOO ia the city
valuation. President Elliott thinks the land is estf
mated too high and the buildings too low. He does not
think they can rebuild the city valuation The Uni
yersity wishes to rebuild ifnmed ately in order 10
recover ts income but IT, cannot do so unless the lost
$4,000 can be replaced. President Elliott is cheerful
and confident that Harvard's and friends will not
desert her In this time Of her need
THE INSURANCE PROSPECT neutrality-suspicious.
PROPERTY RECOVERED-W ORTULESS SAFES
ACTIVITY IN BUILDING.
BOsToN, Nov. 15-As the sufferers by the
fire become better acquainted with the nature and
tent their losses the feeling Of confidence among all
classes interested in the matter grow stronger
that both home and foreign insurance Offices which have
been brought 60 the verge OF insolvency, Will in time
lqudate their entire debts The salvage il found TO
vary from 10 to co per cent, I'm proportion 10
the loss and "a schedules Of saved property being
made out as rapidly az possible and policies and proofs
OF losses are in already sent in the work oa
adjustment will be pushed forward with the utmost
CELEBRITY. Large quantities Of goods stolen at the fire
have been by the police the value being est
mated at between 100000 and 100000 and quantity Of
unclaimed property awaits Identification atthe City
Hall.
been opened nothing remained of the contents eX
cept chalred books and papers. Horswel Kinsley
French recovered from their safe lot OF slyerware
IN a damaged condition and portions Of family jewehy
partially melted The safe contained small portion OF
gold coin which was also melted. The property IN the
larger portion OF the safes recovered was ruined.
Several steamers are still playDgupon the ruins The
site Of Old Fort Hin ia the scene Of active building opera
tons half "a dozen wooden structures being already
finished or in process Of erection.
RELIEF FOR THE SUFFERERS.
PHILADELPHIA, Nov 15.-As result of the
visit Of committee citizens of this city Boston,
subscription books Immediately opened for the
liei Of the sufferers by the Boston lire. Several thou
sand dollars were subscribed this afternoon.