The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-08
INSURANCE.

INSURANCE.
INNrH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
| COMPANY,
.Carendelet Street.
! NEW ORLEANS, May 20, 1875.
The Trustees in conformity with the charter of the
Company, publish the following statement of its
affairs for the year ending April 30, 1875, to wit:
PREMIUMS FOR THE YEAR.
On Fire Risks. 60073 50
IN RIVER hlshs ....--.. S5!ZS 70 49, - ~
On Marine Risks..........- A116 IL $685., 4l9 ~
LESS
DIFFERENTIATED premiums
3oth April 1s75.......- g a42 90 ~ o.- -.
Net earned premiums 1886, 752 40
LOSSES PAID, To,wIT:
On fire risks 1874 367 80
River risks. 126, 4e2 SO
| Marine risks 800 $500, 40 50
Re-reinsurance. .... 1859 62
Rebate returns 10 492 u
| State and city taxes. 226l6 46
Gross expenses home Office
and agencies. - s99 u
Profit and Loss. -16, OBJ 40 - 1890, 582 63
Balance ACKNOWLEDGEMENTS. sl45, 1863 &c
Add interest and discount and savings
received. ......................-. 1o5,o54 81
s25o,a24 50
! Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. ACKNOWLEDGEMENTS. 14o,2a4 50
ments. -. 1904 SO
Balance to be divided on net premiums
of 1915 and unearned of 1874. $117, 100 90
THE COMPANY HAVE THE FOLLOWING ASSETS, TOWIT:
Cash on hand. 1894, 463 Is
Accounts in course of col
lection ............-. 5O,32s Al
Bills receivable for loans on
pledge of stocks and 100000,
Bills receivable at short
dates. 3s,o11 IS
Bank and other stocks. 21e, 1903 SIS
Stocks ofCity Railroads. 1850 Go
City and other bonds. 110,661 Sc
Bonds of Masonic Grand
Lodge of Louisiana 5000 90
Bonds of Odd Fellows Hall
Association. 5000 90
Bonds of Association for
Relief of Jewish Wild.
Real Gs ssta aas Orphan. GO a15 IS
| LIABILITIES
Capital stock. 81, 100000 90
Reserved for DIFFERENTIATED
Risks. ......-.... IS, 742 90
Unpaid dividends dnclud.
ing interest and pre-
MUM dividends April
80 1875 .........-.. 1T 655 o
contingent funu (SurpluS) IlocIe oo-Sl, GO
The foregoing is true and correct transcript from
E6. A. PALFREY. President.
THos. F. WALKER, Secretary.
STATE OF LOUISIANA, I
Parish of Orleans, City Of New Orleans. 5
Sworn to and subscribed before me- this 22d day of
May, 1875.
EDWARD IVY, Notary Public.
At special meeting of the Board of Trustees held
the twentieth inst it was resolved to pay on DE
MAND a SECOND SEMI-ANNUAL interest of
FIVE PER CENT to Both April, 1875 making ten
Der cent per annum on the CAPITAL STOCK of the
Comrany 81, 1OC OO0) and CASH DIVIDEND of
TWENTY-FIVE PER CENT, to Stockholders on
the amount (s47 769 ss) of their net participating
premiums for the year ending Both April, 1875 and
Of their unearned participating premiums for the
year ending 30th April 1874.
ED. A. PALFREY, President.
THos. f. WALKER, Secretary
MOSES GREENWOOD, VcePresident.
TRUSTEES.
Moses Greenwood, r. NJ Walmsley,
W. A. johnson, A. BrittiD,
John I. Noble, A. II. May,
John Chaffe S. II. Snowden,
Richard Milliken, Z. Lytt. Lyon,
Samuel e. Moore, VIM. G. Raymond,
j. I Warren James S. Pre- stidge,
r. T. Buckner, Samuel H. Boyd,
SamI Friedander. Joseph McElrOy,
A. A. Yates, E. B. WheelOck,
John ]. Adams, Cyrus Bussey,
Isaac Scnerck, VIM j. Behan,
B. F. Eshleman. my23 I'm