The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-25
INSURANCE.

INSURANCE.
NINTH ANNUAL STATEMENT
FACTORS, AND TRADERS INSURANCE
COMPANY,
-. .CarondeIet Street ....37
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 THU YEAR.
On Fire Risks. ,073 80
On River Risks 25l,29 70
On Marine Risks........... JIG IL S635, 4l9 SO
DIFFERENTIATED premiums
Both April, 1S75......-. s9,742 90
Return premiums. 1925 So 1861 so
LOSSES PAID, To-wIT
On fire risks. .S134 367 30
River risks. 126, 49, SO
Marine risks ! 800 65-$269, 17053
Re-reinsurance. $1,000. 1859 70
Rebate returns Is, 1872 81
State and city taxes. 22,61S 40
Gross expenses home office
and agencies. --..----5 %, 500 81
Profit and L0SS. 1t, OH 40 - $780, 63
Balance. OBSERVATION-DISCLOSURES. s145 1863 Sc
Add interest and discount and savings
received. ....................... 1o5o54 81
s25ossa So
Less first semannual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits OBSERVATION-DISCLOSURES. 14O,224 50
ments. ...................... 1904 SO
Balance to be divided on net premiums
of 1S74-5 aud unearned OF 1573A--- $117,130 90
The COMPANY HAVE THE FOLLOWING ASSETS TC-WIT
Cash on hand .-........--.- 1894, 4o3 Is
Accounts III course OF col
lection. 50,32S At
Bills receivable for loans on
pledge OF stocks and
PONDS. ---.........--. o22,923 u
Bills receivable at short
dates ................. 3s,o11 As
Bank and other stocks. 21s 103 SIS
Stocks of City Railroads.. 79,549 66
City and other bonds. 110,6o1 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
Ows and Orphans...-.. 1000 90
Real estate ............ co. 135 OO-s1, 4s6 2l5 81
LIABILITIES
Capital stock. -............$1,10 100 900 90
Reserved for DIFFERENTIATED
Risks. s9,742 90
Unpaid dividends (includ-
ing interest and pre-
MUM dividends April
80 1879. 1T 655 %
Contingent Fund (surplus) 1883 65s1 1876 215 SO
The foregoing is true and correct transcript from
E6. 4. pALFREY. President.
THos. F. WALKER, Secretary.
STATE OF LOUISIANA, I |
Parish of Orleans, City of New Orleans. |
Sworn to and subscribed before me- this I'D day Of
May, 1875.
EDWARD IVY Notary Public
At special meeting of the Board of Trustees held
IN the twentieth inst it was resolved to pay DE
MAND a SECOND SEMI-ANNUAL interest of
FIVE PER CENT to Both April, 1875, making ten
ser cent per annum on the CAPITAL STOCK of the
81, 1O0, 000) and CASH DIVIDEND of
TWENTY FIVE PER CENT, to Stockholders on
he amount s47l, 1863 49, of their net participating
for the year ending 30th april, 1875, and
# their uneaIned participating premiums for the
rear ending 30th April 1874
ED. A. PALFREY, President.
THos F. WALKER Secretary.
MOSES GREENWOOD, Vice President
TRUSTEES.
doses Greenwood R. M Walmsley,
v. A. johnson, A. Br1ttiD,
ohm l. Noble A. H. Nav,
ohm Chahe S. II. SnOwden
richard Milliken, L. Lytt. Lyon,
amuel E. Moore, VIM. G. Raymond,
=. 1. Warren, James S. Prestidge
!. T. Buckner Samuel F. Boyd,
anil Friedlander. Joseph McErOy,
l. A. Yates E. b. Wheelock
ohm /. Adams, Cyrus Bussey,
saao Soherck, VIM. j. BehaR,
B. F. Eshleman my23 I'm