The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-29

INSURANCE.
NINTH 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. $3.50 073 50
| On River Risks ---..-.---.. 23l, 229 70
| On Marine Risks. A. 116 A. s635 419 so
| LESS
DIFFERENTIATED premiums
Both April, 1675..-.-..-- S9, TAP 90
Return premiums. 9,925 Oh y9,667 90
Net earned premiums. $685., 1852 40
LOSSES PAID, To-wIT:
On fire risks. S134 367 30
River risks. 126, ASP SO
Marine risks i 800 65-&269, ITO So
Re-reDsurance. 1860 90
Rebate returns. Is 1872 u
State and city taxes q, 61S AZ
Gross expenses home office
and agencies So, S99 81
Profit and Loss. 10 OIL AZ - $500 $50 50
Balance. ACKNOWLEDGEMENTS. s145,16 Sc
Add interest and discount and savings
...-...........-........... 1o5,o54 81
sa5o,22 So
Less first semi- annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits l4o,as4 50
Less reserved for shrinkage in invest
ments.. ACKNOWLEDGEMENTS. 1904 SO
Balance to be divided on net premiums
of 1S74-5 and unearned of 1s734... $117 100 90
The COMPANY HAVE THE FOLLOWING ASSETS TC.WlT
Cash on hand 1894 463 Is
Accounts in course Of col
lection. 5O32s AZ
Bills receivable for loans on
pledge OF stocks and
bonds. ............. 522 923 o.
Bills receivable at short
dates 3s,011 As
Bank and other stocks. 2ls, 103 SIS
Stocks ofCity Railroads.. 1883 66
City and other bonds. 110,6S1 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 estate ............ eO,i35 Oo-s1 4s6, a15 So
LIABILITIES
Capital stock 100 900 90
Reserved for DIFFERENTIATED
Unpaid dividends dnciud-
ing interest and pre-
MUM dividends April
80, 1879 1T 655 %
Contingent Fund (surplus 1883 65-$1 4s6 215 go
The foregoing is true and correct transcript from
49, WINS y ''' Eb. 4. PALFREY, President.
THos. T. WALKER, 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
on the twentieth inst, it resolved to pay DE
MAND SECOND SEMI-ANNUAL interest of |
FIVE PER CENT to 3Oth April, 1875, making ten
per cent per annum on the CAPITAL STOCK Of the |
Company, 81, 10y, OO0l and CASH DIVIDEND of
TWENTY-FIVE PER CENT, to Stockholders on |
the amount s471, 769 ss) 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. NJ. Walmsley,
w. A. johnson, A. Brittin,
John /. Noble A. H. Nay,
John Chaffe, S. H. Snowden,
Richard Millilzen T. Lytt. Lyon
Samuel e. Moore, VIM. c. Raymond,
J. l. Warren, James S. PT1stidge
r. T. Buckner, Samuel F.. Boyd
Saml Friedlander. Joseph McElrOy,
A. A. Yates, e. B. Wheelock,
John I. Adams, Cyrus Bussey,
Isaac Scherck, VIM. j. BehaH,
B. f. Esheman. my23 i'm