The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-22

o~o~~o~ooo~o~o~o-o-ooo
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
l37...-..-.--.-. Carondelet Street. g.
NEW ORLEANS, May 90, 1875.
The Trustees in conformity with the charter of tn
Company, publish the following statement of it
affairs for the year ending April 80, 1875, to wit
PREMIUMS FOR THE YEAR.
On Fire Risks $500 073 80
On Klver Klsas. ---..-. 23l 29 IS
On Marine Risks.-.....-... A 116 ii $685. 419 g
| LESS
| DIFFERENTIATED premiums
Goth April, 1875.-----.-. e9.742 90
| Return premiums. -........ 9925 So go 667 81
Net earned premiums $685., 752 As
| LOSSES PAID, To-WIT:
| On fire risks Sl34 367 30
| River risks. 126, 4s2 SO
Marine risks 800 65-$269 ITO So
Re-reinsufance. ....-. 1869 50
Rebate returns 15492 81
State and city taxes % Gig 46
Gross expenses home Office
and agencies 50 899 81
Profit and Loss. .16, OBJ 40 - 1890 $50 s3
Balance -.-;-;.---.-..--;..--:--. sl45,169 Sc
received .-.-..----------.-...-.. los, 054 81
$3.50, 224 50
Less first semi annual interest on CAPT
tai stock paid and second now due 10000 90
Net profits 14o,2a4 s.
...----.-....... ss.os4 50
Balance to be divided on net premiums
of 1874-5 and unearned of 1s73-4. S117 100 90
lHE COMPANY HAVE THE FOLLOWING ASSETS To WIT.
Cash on hand -------.---- 1894 4o3 Is
Accounts in course of col
Bills ss receivable for loans on 'OSo q
pledge of stocks and
Bills receivable at short $500
dates 3so11 IS
Bank and other stocks. 2l8, 103 SIS
Stocks OF City Railroads.. 79, $40 &c
City and other bonds. 1lO6el 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
ows and Orphans. 1000 90
Real estate ------.-----. 0135 o0-$1 486 215 ss
LIABILITIES
Capital stock 81 100 900 90
Reserved for DIFFERENTIATED
Risks. --.. s9742OO
Unpaid dividends Gncud-
ing interest and pre-
MUM dividends April
Contingent Fund (surpus) 118 SIG 65-s1 4as 215 SO
The foregoing is true and correct transcript from
the books of the Company
ED. A. PALFREY, President.
THos. f. WALKER, Secretary.
STATE OF LOUISIANA, |
Parish of Orleans, City of New Orleans |
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 resolved to paw 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
COMPANY, Isl loo ,000D and CASH DIVIDEND of |
TWENTY-FIVE PER CENT, to Stockholders on
he amount S471, 769 e8) of their net participating
premiums for the year ending 30th April 1875 and
f their unearned participating premiums for the
ear ending Both April 1874.
ED. A PALFREY, President
THos. +. WALKER, Secretary.
MOSES GREEN WOOD Vice President.
TRUSTEES
loses Greenwood K. M. Walmsey,
Y. A. Johnson A. BTittiD |
ohm L Noble, A. H. Nav
ohm Chatfe S. II. Snowden,
.chard A1illiken, T. Lytt Lyon.
amuel E. Moore, VIM. C. Raymond
J. Warren, James S. p stidge
: T. Buckner Samuel r. Boyd
ami Friedlander Joseph McElroy
!. A. Yates E. 3. Wheeock
ohm l. Adams, Cyrus Bussey,
,aac Scherck, VIM r. Behan
B. f. Eshleman. mv23 I'm |