, 1874-10-25

The Present Situation in Chi
cago.
Abundance OF Capital Represented
BY Companies Sill in
The Field.
Statistics Of the More Prominent
Among Them.


d-@A@S@-6 "AAN~As
Feeling Of Security and Confidence.
There can be no doubt that the period of i'm
media:e serious disturbance to tho interests OF
property aud capital dependent on the business
OF insurance ilas drawn to close, and been sue
cceded by something moro like permanent
calm and quier than lnl1 in long Storm.
The fact ot the withdrawal OF large
capital from this slantude Of the best and highest
Glass; Is fact which has met recognition on Ill
hands, and perhaps produced already lts legiti-
nato results. These results have been in part
to raise IN uneas1ness sud agitation productive
of good deal Of reasonable trembling on the
part Of all classes Of propert7-holders in the city
which trembling aud uneasiness would appear
from present Indications to be temporary, ncs TO
say spaslnodlc.
GENERAL STUDY oF THE PTTU4TION
won1d Indicate to many careful observers that
th. great excitement had already eaded.
Que fact however, ia too mich Of q fact and
too much a matter OF record in ocr local history
to admit OF argument, or to DO intorrretso as
nn opinion or rs 8 matter OF opinion: aud
That is TINT very largo element OF
tho comuunty-iucludiug mainly, it may be. tho
laws and conditions which determine ali the
g1eat questions touching capital and its sacuri-
.:cS-haye suffered anxiety from all Impression
that, because d large number OF excellent inhur-
arce companies. representing large capital and
splendid securities, aaye Withdrawn from Chlca-
80, that. therefore. all there is in insurance
that is sound, ani strouG. aud permanent,
and worthy Of popular confidence. has
shaken the dust Of Chicago from it's
feet 1t would seem to be reasonable in sucll
piy T1thnut ntHnnr1rement Of
the many fEst-clAss companies which hare
abandoupd the field,
4 DETAILED STATEMENT
Of come length, touching tue i1nmon8o actual
protection to property in Chicago,--stattst.cs,
Gg,lres, and general itoms touching the history,
the capital resources aud present position be-
fore tho community OF number OF the compa-
nica still doing business amo'g III rs usual.
TIE companies mectlnned talow do not By any
means compose - full list oi all the souud in
en1ancc companies now doing businees IN CLica-
20. The i:ca1s, however, touching tho companies
mentioned, are either gathered from their own
published statements OF condition. or are matter
Of historic record, aud may in general be relied
upon IS correct.
AGENCIES or RoLLo, NAaNTE1 co.
It may perhaps be interesting intelligence to
many who have contemplated the departure
from this latitude OF certain number OF popu-
lar ind solid companies with the impression that
noae bu: weaker class OF companies remained,
that in single agency in the city, that OF Rollo,
Naghten i Co., northwest corner LaSalle and
Washington Streets, is represented aggregate
indemnity of m approved aod thoroughly re-
liable class to the amount OF over $4,000, COO.
The companies represented by this firm, and
whose uai:od strength in capital aud convertible
assets reaches thess high figures. are the Gi1ard
Insurance Company, Of Philadelphia, as-
Gets s"oo,ooo; the Western Assurance
Company, OF Toronto. Canada, as
Insurance Company, Of Montrcal, canads,
guaranteed capital IS, 600 300; British America
Assurance Company, OF Toronto Canada, assets
eG5o,000; Old Dominica Insurance Company.
Richmond, Va, assets 530O, Coo. OF tho Royal
Canadian. whose hod capital guaranteed IN gold
Roilo, Nag Shten l. Co. are managers for ali the
Northwestern States Alfred Perry, tho founder
and manager Of thin Company. will be remen-
be1ed as tho author OF tho letter touching the
eirce. the sound philosophy and timely sugges-
tiops OF which received At tho time such univcr-
eal and hearty approval from tho press and all
thoughtful ei!izene. Tho British America
haqo Saq mo NO sgeney sS ou:sde 1 Of So cs1ads,
with tho exception Of Rol!o, Naghten 4 Co.
Each of these companies arc widely and favora-
bly, known throughout Eer Najesty's Dominions.
m fUtnP
rh;ia .ho;v c1e;n, ~ nuIc confdonca r. M 6,rn
cnn,n,uoitv s~a s,7nnnTtrd hv thcir mi cnnnanco
to 17n,ted Statea 1t,rs in thoir donor;ts ~ Gov-
ernnent bonde. All OF them arc now doing a
large and very desirable class Of business in tho
pest oistslct8 o. !he e'ty. lne u-ero, OF fhila,
oennta haa boon beforo thu eommnn,.1
under tho control Of William d. Rallo'
Manager OF the Western department,
during the past fifteen yoars, With s2lond;d
M .ot m tao m ta ~
o1s Ind the nnl,l;c1 Asn aecnrity to tha no;cv-
I,olders. the Company carries surplus of $780,
600 over and above capital. The Old Dominion |
INSURANCE Company. Ut Richmond Va, tho laat |
in this list Of agencies, is known in commercial
circles throughout the West and South as solid,
safe, and conservative Company, distinguished |
By prudent and j,dicious management, and tho |
excellent character of its securities. The re-
Bpectivo members of the Insurance firm |
now managing tho business OF these COM |
punios arc William Z. Eo1lo, John Nashten, |
and William Richardson. Mr. Eol,o will be re-
memterod .s Secretary q. the Aorchauts In
7nranca Cnmrany nf Chcaro from 1SE3 tit1 tina |