New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-04-24

While during tho past year tho receipts for prominms
addition to which there received by forega eomps
nies in 1871, for premiums on business IN sns re
gate Of recens by ali the COMPANIES to been 1857
ls46s against 80 sO 1886 in 1872 o TINS 10 this
amonnt received for fre premiums, there was received
for inland premiums during the year by inc sa 70 or
panes. ,226 and paid for loSSes' S1'0''''' -
Table No Of expenses shows that the percentage oil
n NE add TO this the losses sustained by companies on
fire risks as above, OIL and on nland ~ inc s
nenses of the wear gives 257OA and thus we nave
total expenditure Of ITO cent or osI mnt Se
horne in mind that in calculations when nave Deen
made of the results OF 1874 no record rs nae 0I re
0o csnal and 90 10000 surplus assets OF Boston cOp
49, md q 900 oO New-York capital which was sunk IN
the Boston fire. The results OF that hre sna speak VI
Table No percentage of Liability shows that the
ability OF the companies In iSa aa 20 w ~ MAS 'iS
Improvement. The result. therefore OF the IA years
shows profit amounting 70 SsI as nd IrSI
companies, or 4loo per cent per annun upon The
capital Of % tor The same me P sems perod
amounted to $60650549, so that but moderate portion
the dividends resulted otherwise than by prots am
Comment unnecessary.
THE BOSTON FIRE.
From the official publications before me, am enabeo
to give actual loss sustained by the Boston re Inc
value Of the property destroyed estimated by the
said fire TO be s7OOOOOOo OF this amount there was
covered by insurance
In Massachusetts, Companies
By Companies of other States i9SsssSsS
BY foreign Companies '1'
NJ, ,...,,.,. s8o9iOa
There has or will be- paid in full this amount,
~ Msssseb1ses Companss ......:..:..;; Is,SoSoo
BY Companies of other States not paying In 0'' I1OOOD
or tne Stock Companies doing business
I'm Noyembe last only eleven survived tle H.
and OF the fifteen Mutual Companies a1ng d I is
Boston four were rendered insOlvent by inc ne ~
remarkable fact that the merchants ana PIopei
OF Boston, who will receive on te o ~ the Whole
amount OF the sum received by the people Oh h 49,
according 10 the estimates IN pSs 81 Rostou
and by examination that tho list OF January 1871,
there were le2 COMPANIES ta Of SO 7s2 asa OF this
Dnmber GA had ceased 10 exist the 3lst OF December
10 10 he added the large number of Western and Massa
chusets companies not doing business III that SCe' anu
the new companies that organized In 1871 ana 1877 anu
failed i'm 1s72 and capitals would aggregate about
$5,OO0,0o0 - - r
The results which have followed the investigations OF
scientiAe men, working in the interests OF science,
combined with the very practical experience OF under
writer's have solved the problem OF many Oh the causes
of fires which in former years had seemed SO
better example be had than in the recent series
of experiments made by DR.. McAdam OF London IN
regard 10 fires in -four mills which were shown 10 result
from the explosive and dangerous nature OF honr DUST
10 either spontaneous combustion in certain states OF tue
atmosphere within the mills, or from sparks resutng
from friction of the thoroughly demonstrated
As the same class Of dust gathers largely in the great
grain elevators of Western country It gives the
Solution to many the mysterious fires that have caused
us no little annoyance in times past.
There ia a necessity also Of guarding by proper regua
ton the of the products of petroleum, which have
now passed into in almost every conceivable class OF
manufacturing risks throughout the entire length ana
breadth of the land in some shape or other. a re.
cent estimate made showed less than forty classes OF
manufacturing risks using it in their operations and In
| Oharn he
of underwriters and rendering their risks much less
desirable subjects for insurance. The large number OF
| pstept lighting machines which are finding their way
into every hamlet, well town or city, and as mat
| ter of course, into the possession OF those not
| informed of their danger, also demands atten-
| ton. Attention has also recently been called In
one the English magazines to the fact that both stone
and brick found to be conductors of heat, and the
writer add TO this zinc and soapstone the fact Is
that IL time enough is allowed, brick, stOne or soap
| stone can be made red-hot and will retain heat long
after other substances like iron have cooled In the
case clted block of granite retained its heat that
the hand could not be placed upon 1t for more than IL
hours after the fire removed and after much water
| had been poured upon 1t.