The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-27

INSURANCE.
~~~-c~~-ooo~~o--o~~~Oocc
INNTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
.Carendelet Street. 81
NEW ORLEANS, May %, 1875
The Trustees in conformity with the charter of the
Company, publish the following statement of its
affairs for the year ending April 80, 1875, to wit:
| PREMIUMS FOR THE YEAR.
| On Fire Risks $3.50 073 SO
| I'm River hlSkB. 81, ~ 10
| On Marine Risks. a. 116 IL $685. 419 SO
LESS
DIFFERENTIATED premiums
Both April, 1675......... s9,742 90
Return premiums :, 925 60 SO, 667 so
Net earned premiums. 1895, 1872 40
LOSSES PAID, TowIT:
On fire risks .$134 1867 80
River risks. 1876 452 SO
Marine risks $500 65-s269, 17053
Rereinsurance. 1850 81
Rebate returns. Is, 492 81
State and city taxes. q, 61S 46
Gross expenses home Office
and agencies 81, S99 II
Profit and Loss. IL, OBJ 40 - 1890. $50 So
Balance. ACKNOWLEDGEMENTS. s145,16s SO
Add interest and discount and savings
received. ..--..............-. 1o5,o54 81
sa5o,aa4 50
Less first semiannual interest on CAPT
tai stock paid and second now due 10000 90
Net profts-.;.: ..-;-:-;----.:.--...-. 14o,sa4 So
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENTS. 1904 So
Balance to be divided on net premiums
Of 1915 and unearned of ls734... s117 1870 90
The COMPANY HAVE THE FOLLOWING ASSETS TCYIT
Cash on hand .-.-.......... 1894 4S3 Is
Accounts in course of col
lection. -.-....-........ 50,32s AZ
Bills receivable for loans on
pledge OF stocks and
Bills receivable at short
dates 3sO11 As
Bank and other stocks.... 218, 1903 IS
Stocks ofCity Railroads. 49, $40 66
City and other bonds. Ito, 1851 So
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 soiss CS-s1 1885, sl5 IS
LIABILITIEs-
Capital stock 81 100 900 90
Reserved for DIFFERENTIATED
Unpaid dividends dnoiud. ''~ '"
ing interest and pre-
MUM dividends April
30, 1879 ........-.. 1T 655 %
Contingent Fund (surplus) 1I8 815 65$1 486 215 SO
The foregoing is true and correct transcript from
Eb a. PALFREY, President.
THos. F. WALKEh, Secretary.
STATE OF LOUISIANA,
Parish Of Orleans City of New Orleans |
Sworn to and subscribed before me, this 22d day Of
Nay, 1875.
EDWARD IVY, Notary Public.
At special meeting of the Board of Trustees held
N the twentieth inst, it resolved to pay on DE-
MAND SECOND SEMI-ANNUAL interest of
FIVE PER CENT to 30th April, 1875, making ten
,er cent per annum on the CAPITAL STOCK Of the
;0mpaEy, 81 10O, 0O0,) and CASH DIVIDEND of ,
PER CENT to Stockholders on
he amount ($471, 1863 66 of their net participating
remiums for the year ending 50th april 1875, and
4 their unearned participating premiums for the
ear ending 30th April 1874.
ED. A. PALFREY President. !,
THOs. +. WALKER, Secretary.
MOSES GREENWOOD, Vice President
TRUSTEES.
loses Greenwood r. M. Walmsley !
'. A. johnson, A. Brittin,
ohm I. Noble, A. II. May,
ohm Chaffe S. II. SnOwden, II
.chard Milliken, T. Lytt. Lyon,
amuel e. Moore, VIM c. Raymond
Warren James S. Pr,stidge,
. T. Buckner, Samuel r. Boyd, I
ami Friedlander. Joseph McEroy !,
:. A. Yates E. B. Wheelock
ohm Adams Cyrus Bussey,
,aac Scherck VIM. J. Behan, I
B. F. Eshleman. my23 I'm r