Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1873-08-13
FACTS AND FIGURES.

The naper, mills of Poland, Me-,
monthly manufacture 100 tons OF paper
from 1876 tons OF rags.
IT is estimated that the wool crop of
Texas for 1872 reached 677,503 pounds,
showing an increase over 1871 of 351 ,0SS
pounds.
The Cleveland Herald boasts that over
a thousand new houses have been put UP
in that city the past year, at cost of ST..
1O3,201.
-Hartfords twenty three factories en-
ploy 1926 hands, and produce yearly a
value of $S,515,0O0 in manufactured arti
sles, .sst.fE x ,tsfs.x M @
The statement that the Government
has parted with 100000 acres more than
the whole area of arabic land in the Uni
ted States is officially denied.
The big elm at Rutland, VT, is 1910
years old, and measures twenty feet in
circumference two feet above the ground
The top iss120 feet in diameter.
The exports of coin from New York
since Jan. 1, 1878, are stated at &35, 941 !,
S52, against 81 145, Gil in same time last
year, and $4S,40389S in corresponding
time the year before,
The freight traffic on the N. 7. Cen
trail and Hudson River Railroads has in
creased in ten years from 2, $4,000 tons to
$4,000 tons, and the passenger business
from $5,000,0 900 to $S,000,0OO.
Up to the Gath of July the total mum
Der of immigrants who had arrived in
this country this year was 1886, which
is only between roo and 800 less than the
figures at the corresponding time year
ago.
1t is understood that the Government
will press the eases against the parties
who have been importing inferior watch
movements into this country with forged
names of AmerIcan manufacturers engrav-
ed on them.
"A large number of Postmasters hold
ing minor offices, having failed in their
efforts for general reimbursement of their
salaries, will appeal to the Court of
Claims. A number of claims have already
been filed there, to be followed by many
others. 1t is supposed that the aggregate
sum claimed will be at least 100000.
The New York Commercial Adoerttse1'
says that the aggregate annual production
of paper is 1000, 600 tons, Of which nearly
one-third, or 317,307 tons is produced in
the United States while Germany pro-
duces 10000 tons, and Great Britain ex-
actiy the same quantity as Germany, the
French product being 140, 900 tons. In the
United States the number of paper mills
has increased about fifty per cent. since
1850-the present number being S12, and
the value of their average annual product
nearly $67000000.
There IS probably no business so
generally participated in as insurance in
which so little is practically known
Many think if they insure a specified
property for S., 900, and the property Is
partially or wholly destroyed, that they
recover the full insurance, regardless of
the fact that the property destroyed may
not be of half the value. This is a COM
mon error though of course confined to
the less informed in such matters Others
carrying stock varying from $50, 900 to
$50, 600, and an insurance for the smaller
sum, suppose that, in case of damage by
fire, involving the loss of the greater
amount, they can recover the entire face
of their policies, when, in truth, the in
surance companies are liable only pro
rata for the loss sustained. If the in
surance policies in solvent companies are
drawn in plain terms for $4,000, they
will cover any loss on stock valued at
$4,000 to which they apply up to their
full specification. But if they contain
what is known as "the average clause"
which reads, cit is understood and agreed
that claims under this policy shall only
be for such proportion of the entire loss
as the amount of this insurance bears to
the whole value of the property insured"
then in case of loss on any part of $780, 900
stock, with $4,000 insurance, the COM
panies will pay five-sixths of the loss and
the insured will be II the other sixth him.
self. These are pieces of information
well worth holding in remembrance
especially by the less-informed on the
subject.