Los Angeles daily herald., 1875-04-23

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he assumed the Masters position on
the Netura. So far as we can learn,
this was his first attempted trip, as
commander, down the coast below
Monterey.
THE VENTURA
was always regarded and no doubt
was staunch craft, and the fastest on
the line. She had just left the docks
at San Francisco where she had been
laid up number of weeks for repairs,
and, upon taking the water again,
made the very creditable record of 13
knots an hour. This vessel, previous
ly known as the "Resaca, = was pur-
chased by the Goodall, Nelson 4 Per-
kin's company from the United States
Government about Is months ago.
The price then paid for the craft was
some 27,000. Repairs and improve
ments were made throughout; new
engines were supplied at a
cost of $4,000 and the whole
refitted for passenger and freight traf-
fic, making altotal expense to the
company of $2OO,OO0, when the Ven
tura stood completed. The original
capacity of the steamer was $50 tons,
but this was increased to 800 tons by
the substitution of the new combina-
tion engines.
THE LOSS
can hardly be estimated at this time.
Notwithstanding the adverse reports
which we have received, the vessel
may not be entirely destroyed and her
cargo may be partially rescued from
the wreck, provided the weather con-
tinues fair. Still the destruction of
property must necessarily be immense
and probably. the merchants of Los
Angeles, together, are the heaviest los
ers. Between three and four hundred
tons Of the freight which the vessel
carried down with her was consigned
to Los Angeles. This being the time
Of year when the Spring and Summer
stocks are brought from San
Francisco, nearly every merchant in
the city had goods in greater or less
quantity on board the Inflated steam
er. The aggregate loss is estimated at
from $50, 600 to $4,000. Much of this
is in small amounts, ranging from
500 to $1,000. Some ofthe particular
losses we have ascertained to be as
follows: Lehman & Co., $1,000 worth
of carpets, insured for $4,000; He'll
man, Haas 4 Co., $1,000; Rivara &
Vignola, $500; Grange Store, $4,000;
Dotter & Bradley, $1,000; /. COhn,
$1,000; Polaski & Goodwin, $500; Levy
& Coblentz, $500; Goldsmith & Davis,
$500; Dunsmoor Bros, $3.50; New
mark 4 Co., $500.
'as "No INSURANCE"
was given in response to nearly every
question propounded to the losing
merchants on this subject, and in our
list only one firm appears protected.
Through our long exemption from
losses of this kind, most of our mer-
chants have grown careless on
the subject Of marine insurance
which is perhaps the most es-
sential Of all projections against
unforeseen disasters. The pitch
er that went to the well SO many times
las NJ ldSt Uccu UTOkeu duu Cucy Will
probably take warning from this ex-
ample.
{ THE ANCON
sailed from San Francisco yesterday
to take up the wrecked passengers of
the Ventura. She will bring In addi-
tion to the list already given the fol-
lowing named persons: Mrs Sheets &
family, Geo Thurston, d Felix, Mrs
Fox & daughter, r d Milus, Mrs G M
Porter, E Atwood, L F Sheets, G w
Sheets, Mrs d Felix, J Holmes, w r
Tillman, T Tillman, Mrs G E Watson.
The steamer is due at San Pedro
tomorrow or Sunday; the time not
being definitely fixed, and is adver-
tised to sail for San Diego OH Monday.