The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-22

| ~~~~~o~o~~~~~~~~o~~
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
| CaroudeIet 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 3d. 1875, to wit:
PREMIUMS FOR THE YEAR.
On Fire Risks. $500, 073 50
| On River RISKS -....-.-.... 23l,229 70 -
On Marine Risks........... A,1l6 IL $685. 419 99
LESS
| Unterminated premiums
| Both April 1875......... e9742 90
Return premiums. ......... $685. So 9s,667 50
Net earned premiums. 1856, 1852 40
LOSSES PAID, To-wIT:
On fire risks S134 367 30
River risks. 12G, 452 SO
Marine risks 800 65-S269, ITO 50
Re-reinsurance- IA, 369 62
Rebate retuTns...... Is, 492 81
State and city taxes 226l5 46
Gross expenses home office
and agencies --.----- % e99 I'll
Profit and Loss. Oh 40 - $780, $50 50
Balance. .........--...--..-..-.. $145,1 1863 Sc
received Observation-Disclosures. 1o5,o54 81
ss5o,2a4 50
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. :...... 14o, 2a4 So
ments. decentralization 1904 50
Balance to be divided on net premiums
of 1915 and unearned of 1s734... $117,130 90
The COMPANY HAVE THE FOLLOWING ASSETS TC-WIT
Cash on hand. 1894, 4S3 Is
Accounts in course of col
Bills receivable for loans on
pledge Of stocks and 10000
Bills receivable at short ~
dates 3s,o11 As
Bank and other stocks. 216 1903 IS
Stocks of City Railroads. 1853 &c
City and other bonds 1106Sl Sc
Bonds of Masonic Grand
Lodge of Louisiana. 5000
Bonds of Odd Fellows Hall
Association. 5000 90
Bonds of Association for
Relief of Jewish Wild
Real pss aaa opn-n. iss Co.. s15 IS
LIABILITIES
Capital stock. 81, 100 900 90
Reserved for DIFFERENTIATED
Unpaid dividends dnclud-
ing interest and pre-
MUM dividends April
80 1873 TT 655 @
Contingent Fund (surplus) s15 65-s1 4s6 215 SO
The foregoing isa true and correct transcript from
the books OF the Company.
ED. A. PALFREY, President.
THos F. WALKEh Secretary
STATE OF LOUISIANA,
Parish Of Orleans, City of New Orleans.
Sworn to and subscribed before me, this ed day of
May, 1875.
EDWARD IVY Notary Public
At special meeting Of the Board of Trustees, held
the twentieth inst, it resolved to pay DE-
MAND q 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 10C ,000,) and CASH DIVIDEND of
TWENTY-FIVE PER CENT to Stockholders on
the amount (s47 1853 sa of their net participating
premiums for the year ending 30th april, 1875, and
of their unearned participating premiums for the
year ending 30th April 1874.
ED. A. PALFREY, President
THos. +. WALKER, Secretary.
MOSES GREENWOOD, Vice President
TRUSTEES
Moses Greenwood r. M. Walmsley,
w. A. Johnson A. Brittin
John L. Noble, A. II. May
John Chaffe S. II. Snowden,
Richard Milliken, I. Lytt Lyon,
Samuel E. Moore, VIM. c. Raymond,
j. l. Warren, James S. Pr1stidge,
r. T. Buckner, Samuel f.. Boyd,
Sam'l Friedander. Joseph McElroy,
A. A. Yates, e. B. Wheelock,
John I. Adams, Cyrus Bussey,
Isaac Scherck, VIM. j. Behan
B. F. Eshleman. my23 I'm