The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-13

INSURANCE.
| NINTH ANNUAL STATEMENT
FACTORS, AND TRADERS, INSURANCE
COMPANY,
37........-.... 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 80, 1875 to wit:
PREMIUMS FOR THE YEAR.
On Fire Risks. $3.50, O73 70
On River RISKS. 231. 90 Is
On Marine Risks......-.. a. 116 IL $685., 419 SO
LESS
DIFFERENTIATED premiums
Both April, 1s75.-... SO TAG 90
Return premiums. 9,925 So 99,667 so
Net earned premiums. $685., 1872 40
LOSSES PAID TowIT:
On fire risks. $134 367 80
River risks 126 4s2 SO
Marine risks 800 65-ss69 So
Re-reinsurance- IA 1863 80
Rebate returns Is, 492 81
State and city taxes 22,616 46
Gross expenses home Office
and agencies. SO, 500 81
Profit and Loss. ........ .16 O31 40 - $500 $50 So
Balance. sl45 1863 sc
Add interest and discount and savings
received. ACKNOWLEDGEMENTS. 1O5,O54 81
sa5oa24 So
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits l4o,aa4 50
Less reserved for shrinkage in invest
ments .............-.. 1904 So
Balance to be divided on net premiums
of ls74-5 and unearned of 1s73-4 s11713o 90
The COMPANY HAVE THE FOLLOWING ASSETS, TOWIT:
Accounts in course of col
Bills l receivable for loans on '"' -
pledge of stocks and
bonds. ...--..-.... 522 923 "a
Bills receivable at shore
dates. 3s011 As
Bank and other stocks. 21s 1903 IS
Stocks ofCity Railroads. 9549 66
City and other bonds. 1861 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 6Ol35 O0-sl, ,215 &c
LIABILITIES
Capital stock. 81 100 600 90
Reserved for DIFFERENTIATED
Unpaid dividends dnciud. '~
ing interest and pre-
MUM dividends April
80 1879 ... 1T 655 %
Contingent Fund (surpus) 1883 Is 81 4s6, 215 SO
The foregoing is true and correct transcript from
the books of the Company.
ED. A. 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
the twentieth inst it was 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
COmnany 81 1N ,0O0,) and CASH DIVIDEND of
TWENTY-FIVE PER CENT, to Stockholders on
the amount s471 1863 s8) of their net participating
premiums for the year ending Both April 1875 and
of their unearued participating premiums for the
year ending 3Oth April 1874.
ED A. PALFREY, President
THos. F. WALKER. Secretary.
MOSES GREENWOOD Vice President.
TRUSTEES
Moses Greenwood r. NJ Walmsey,
w. A. johnson, A. Brittin
John /. Noble A. H. May
John Chaffe. S. H. Snowden,
Richard Milliken 7. Lytt Lyon
Samuel E. Moore, VIM. C. Raymond,
J. Warren, James s. Pr. stidge
r. T. Buckner, Samuel II. Boyd,
Sam1 Friedlander. Joseph McElr0y
A. A. Yates, E. B. Wheelock,
John /. Adams, Cyrus Bussey,
Isaac Scherck, VIM. j. BehaR,
B. F. Esheman. my23 I'm