, 1873-11-08

wna that lifo waa burden to himself snd famI.
II, aud death awaot, according to tho Dlblo.
--<----
NEW BOSTON.
A. City that nns Mocont1y Been Rul1&
In Ehatern Observation-Disclosures
Cnrc Taken to Prevent Largo FarcH.-
An Anniversary Occasion Next None
uny--The lnsurance Companies nntI
TfAclr Losses.
Special Dtsputch to The Chicago Tribune.
DosroN, MAss., Nov. 7.-TAe ceremonies hore
Oh the Anniversary Of tho great flre will
not be remarkable In intorost, tho City Govern
nent being disposed to mako no demonstration
that will aoom o1travagant in viow Of tho unset
tied condition Of business interests. The papera
will publish full rosumo Of tho progress Of re-
building, and Of tho improvements which have
boon effected, with an account OF tho
condition Of tho various interests afrootod
by tho calamity. The following aro Homo
Of tho notable facts that will DO brought cut in
thfs way. Tho city's wealth has boon increasing
at q ratio never before known until to-day. In
ono ycar from The fro, not only has the cnormouH-
II large loss Of &75. 100000 boon made up, but
the valuation shows an incroaso over that Of last
year Of something lilto gil ,00O. 900, aud on the
1st Of January next, the New England metropo-
lis will, with its new acquisition, show popu-
lation OF over 100000 and q valuation hard
upon $500, 200, 900, while Now York, with three
imes tho population, is in valuation
only s800, GOO ahead; snd though. during
the year, the city has boen subjected to extraor.
provemonts fu tho burnt district. othor i'm
provemonta decided upon before tho FRO haya
not boon delayed, but, on tho contrary, hayc boon
prosecuted vigorously. H., We n,l haze, more orr,
| forara hy tha fire. and 4 bl1rpuH Of
Q1o, 900 still remains from tbe reliof fund. Tho
portion OF tho city destroyed has been rebuilt
entirely with homo capital: not @ dollar having
phrase, no have padded cur own canoe" and,
In tho words OF tho New York Nation. Boston
etauds forth to-day as tho moat prosperous city
In the country"
About three-tourtha Of tho now huldinga have
fiat 1oofs, and the remaining ouo-fonrth arc
Msnsard, There being fow pitch roofs. The now
Mansard roofs aro not the perilous onca Of old,
great an extent. The hlansaras which now cap
so many Of the rebuilt structutos ure fully as
safe ~ tho fiat roofs every preoausion being
taken to mako them acouro against fro. Many
Is now popular Is to construct the upright part
Of tho Mansard Of brick aud to cover this with
slate or metal Nonoof the new buildings eroot-
cd thus far arc absolutely fire-proot tho
such construction for ordinary mercantile
eiliflcea; but several banking and insurance
buildings are contemplated which will bo thor
oughty are-proof, though, owing to the extrema
, lures, progress must necessarily DO slow.
There wero 776 buildings destroyed in tha
great IRE. When the entire district is restored
the number Of buildings viii DO much smaller
los Of land for sEreot-improvemont
and to tho fact that many Of tho new structures
| cover ground occupied BY several buildings be-
Ono Of tho most important, and on the whole
) ire, ire is 'i to 81 found in tho speedy
settlement Of the insurance loases OF the $685.
0o0, 900 OF insurance within tho burnt district,
that realized in tic Ohlcago calamity is =
0 fact Of which Bosoniaus may well be proud
Oue hundred and ninoty-two companies were
= doing business in Boston In November OF las
year For some days tho Widest rumors pro
0 vailed everywhere III regard to tho standing O
i somo Of the home and foreign companies, aud
|. tho other members Of the State Insurance Pc
Is partment, came to the front with. faots md hs
l, ures obtained from trustworthy SOURCES, tina
Ii confidence was again established.
singular coincidence Of tho Chicago mi
3: Boston fires should not be overlooked. of til
companies involved In the fire in tue first nanes
% city, 10e were doing businesa in Massachusetts
l. numbers, S58, ,000, 900. Tho 1872 companies in
Ia yolved In tho Boston fire lost easily tho sam
amount, tho average ratio Of 1osseB varying but
;. fraction from 81 per cont. Tho revised lie
10 MOS. by tho fire OF November last aegregat
nearly s35, COO, 900, in sums ranging from $42
10 Of tho Deaha1n Misunderstanding only thet doa sma
1t amount At riak-np to nearly s2,s2o, ,9D t
> suddenly found itself liable. Tho assets g
b those companies amounted to 223, b0o, ,0oo. thy
u showing deficit Of nearly 81 por cent. of tn tn
to twonty-si1 Massachusetts companies eompel1o
- kts.s~ I-1, f111Hr rrnNo 4ht1
q, mutual principle and Twenty-Five Oh tho john
at stock principle, 30 TINT there wore only eleYe
survivors OF the lattor clasH. :.
1t ia q mattor OF conGratulatlon that the He
70 ceiyers appointed by tho Courts hayo succcoao
10 80 woll as thoy have in the caaos Of tho coi
10 panlos mentioned; TOR o persistent attempt w.
d. made by interested parties to defeat tho authorit
at Of the Commonwealth BY, filing, petitions
% bankruptcy before the Unitcd statea Distrlt
l. Court; and, but for the prompt amendment {
p the Bankrupt law by oongroas, very disaatroy
10 atnte Of affairs would havo resulted therefron
i'll wound up. tho !: Court. having decide
II, upon tho amount due tho RecasVers Al
in tic final dividend due tho inBurod. ln the ca
Of tho Lawrence Company further dividend 1;1;
cd to the two dividends already ,paid, while Il
20 fremont Company pays ita last diydes
10 Of 8 lilo, per cent: The ettatsa H..
at the Suffolk Company are also wound up, but
IT. does not appear that there is more money :
- hand than is needed to compensate tle RecelVel
ot- / Tho dividends declared rauge from 20 to rs p
oy cent, amounting. in tho aggregate to n nea
~. " 33 per cent Of .aHcortalnea hab|l'tie
N, With probability Of further increase: Tue y
er- sate and tho Massachusetts are both expeotl1
to swoll their dividends a. aoon as their ahai
rot settled. No less than forty,six COZ
gill Gpanios haye Disappeared from the flo
during the year but their c.pass places ef'a "a
Of them homo ooinpanies and thirty-nino fre
other BtatcB. and countries: Fifteen compaaui
j.. have taken Advantage Of the provisions Of !
hs General Insurance law. passed at