The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-28

INSURANCE.
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
37. CarendeIet Street
NEW ORLEANS, May 90, 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. 360073 80
On RIVER hlsks- ----.------- 23i, % - - ~
| On Marine Risks. a. ll6 IL 600 4l9 w
LESS
| DIFFERENTIATED premiums
30th April, 1875......... s9,742 90
Return premiums 1926 So 99,667 so
Net earned premiums. $685., 1872 40
| LOSSES PAID, TO-wIT:
On fire risks sl34 367 30
River risks 126, 4S2 50
Marine risks 3 800 65-S269, ITO So
Re-reinsurance. 14,369 t2
Rebate returns 15 492 81
State and city taxes. y, 6lS 46
Gross expenses home Office
and agencies - 81, S99 81
Profit and LOST. 1t, U3l Az - $39O5S2 63
Balance s145 1863 Sc
Add interest and discount and savings
received. ..-............ 1o5o54 81
s25o2a4 So
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits ACKNOWLEDGEMENTS. 14O,224 50
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENT. 1904 50
Balance to be divided on net premiums
of 1s74-5 and uneaTned of 1873-4-. $117,130 90
The COMPANY HAVE THE FOLLOWING ASSETS TC-WIT
Cash on hand ............. 1894 4S3 Is
Accounts in course OF col
lection. 50,32S At
Bills receivable for loans on
pledge Of stocks and 0,o,, =.
Bills receivable at short
dates 3s011 As
Bank and other stocks. 2l6, JOB SIS
Stocks ofCity Railroads e, $40 Sc
City and other bonds 110,6Sl 81
Bonds of Masonic Grand
Lodge of Louisiana 5000
Bonds Of Odd Fellows Hall
Association 5000 90
Bonds of Association for
Relief of Jewish Wild
Ows and Orphans..---. 1000 90
Real estate ............. 6O,ls5 OO-s1, 486al5 ea
LIABILITIES
Capital stock 100, 900 90
Reserved for DIFFERENTIATED
Unpaid dividends dnclud-
ing interest and pre-
MUM dividends April
,loIoD-------------- Ia ooo ID
Contingent Fund surplus) 1883 65-s1 ,456215 IS
The foregoing sa true and correct transcript from
the books of the Company.
Ed A. PALFREY, President.
THos. f. WALKER, Secretary.
STATE OF LOUISIANA, I |
Parish Of Orleans City of New Orleans. |
Sworn to and subscribed before me, this I'D day Of
May 1875.
EDWARD IVY Notary Public
At special meeting of the Board of Trustees, held
on the twentieth inst, it resolved to pay DE-
MAND a SECOND SEMI-ANNUAL interest of |
FIVE PER CENT to Both April 1875, making ten
per cent per annum on the CAPITAL STOCK of the
Company ($1 Ion, 000,) and CASH DIVIDEND of
PER CENT, to Stockholders on
the amount (S47 769 49, of their net participating
premiums for the year ending 30th April, 1875 and
Of their unearned participating premiums for the
year ending 3Oth April 1874.
ED. A. PALFREY President.
THOS. II. WALKER, Secretary.
MOSES GREENWOOD, Vice President
TRUSTEES.
Moses Greenwood R. M. Walmsley
w. A. johnson, A. BrittiD,
John /. Noble, A. II. May,
John Chaffe S. Fl. Snowden,
Richard Milliken, I. Lytt. Lyon,
Samuel e. Moore, VIM c. Raymond,
J. l. Warren James S. Pr.stidge,
R. T. Buckner, Samuel F. Boyd,
,am1 Friedlander. Joseph McElroy,
L. A. Yates E. B. Wheelock
John l. Adams Cyrus Bussey,
saac Scherck, VIM. j. BehaH,
B. f. Eshleman. my23 I'm