The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-13

/ INSURANCE..
NINTH ANNUAL STATEMENT
FACTORS, AND TRADERS INSURANCE
COMPANY.
37.........-...C arsndelet Street. ............37
NEW ORLEANS, May %, 1875.
The Trustees in conformity with the charter of the
Company, publish the following statement of it,
affairs for the year ending April 3d. 1875, to wit:
| PREMIUMS FOR THE YEAR.
| On Fire Risks. $500, 073 80
| On River Risks...........-. 23l,2S 70
On Marine Risks.......-... 4,116 IL $685. 419 90
LESS
Unterminated premiums
3Oth April, 1s75......... SO. 742 90
Net earned premiums. $685., 752 40
LOSSES PAID, To-wTT:
On fire risks. $134 1867 30
River risks 1876 4S2 So
Marine risks 8 800 $3.50 10 So
Rereinsurance. 1859 SO
Rebate returns. Is 492 81
State and city taxes. 22,61s 46
Gross expenses home Office 2
and agencies. 81, 899 81
Profit and Loss. -16 OBJ 40 - 1890 $50 e.
Balance. .......-...-.... $l45, 1869 Sc
Add interest and discount and savings
received. .--.........--..-. 1o5,o54 81
sa5O,aa4 50
Less first semi. annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits 14o, PA s.
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENT. 1904 So
Balance to be divided on net premiums
nf md of m
The COMPANY HAVE THE FOLLOWING ASSETS To-wIT:
Accounts in course of col
Bills receivable for ;1; loans on '~'
pledge Of stocks and
Bills receivable at short ''
dates 3s,o11 As
Bank and other stocks. 21s, 1903 IS
Stocks ofCity Railroads. 1850 66
City and other bonds. 110,6a1 56
Bonds Of Masonic Grand
Lodge Of Louisiana -. 5000 90
Bonds Of Odd Fellows Hall
Association. .-....-.. 5000 90
Bonds of Association for
Relief of Jewish Wild
ows and Orphans. 1000 90
Real estate. -...-.....-... s0Is5 Oo-s, 4se215 ss
LIABILITIES
Capital stock 81 100, 900 90
Reserved for Unterminated
Unpaid dividends (nclud-
ing interest and pre-
MUM dividends April
&c. 1879 ......-..---. III 655 q
Contingent Fund (surplus) 1883 65$ 1856 215 90
The foregoing is true and correct transcript from
ED. 4. PALFREY, President.
THos F. 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 ON DE-
MAND a SECOND SEMI-ANNUAL interest of |
FIVE PER CENT to 30th April 1875, making ten |
per cent per annum on the CAPITAL STOCK Of the |
Company, (S1, 10e 000,) and CASH DIVIDEND of |
PER CENT, to Stockholders on /
the amount tS471 769 ss) of their net participating
premiums for the year ending 30th April, 1875 and
IF their unearned participating premiums for the /
year ending 30th April 1874.
ED. A. PALFREY, President.
THoS. f. WALKER, Secretary.
MOSES GREENWOOD, Vice-President.
TRUSTEES.
Noses Greenwood R. NJ. walmsley,
w. A. johnson, A. Brittin,
John /. Noble, A. II. May
John Chaffe S. 81. Snowden,
Richard Milliken, T. Lytt Lyon,
samuel e. Moore, VIM. G. Raymond
J. L Warren. James S. Prestidge,
E. I. Buckner, Samuel n. Boyd,
saml Friedander. Joseph McElroy, 1
A. A. Yates, e. B. Wheelock,
John I. Adams, Cyrus Bussey,
Isaac Scherck, VIM. j. Behan
B. F. Eshleman. my23 I'm