The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-14

INSURANCE.
INNTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
Carendelet Street. ...37
NEW ORLEANS May %, 1875.
The Trustees in conformity with the charter Of thu
| Company, publish the following statement OF it
affairs for the year ending April 80, 1875 to wit:
PREMIUMS FOR THE YEAR.
On Fire Risks 1861, 073 50
On RIVER RISKS. I'22S 70 s.,- go q,
On Marine Risks........... A,1l6 ll-$635, 419 y.
LESS
30th April, 1s75..-.....- es,742 90
Return premiums .-....... 9,925 So 99,667 81
Net earned premiums. ............. S535, 1872 4s
| LOSSES PAID, TowIT:
On fire risks. .s134 1867 80
River risks. 126 4e2 So
Marine risks 800 65-S269 ITO So
Rereinsurance. Ia, 1863 81
Rebate returns ....-.. 15,492 81
State and city taxes. 22,61s As
Gross expenses home Office
and agencies. 699 81
Profit and Loss. 10 O3l 40 - $780, So
Balance. ...--.--.....-.:..--:... sl45, 1863 60
Add interest and discount and savings
received.................... 1o5,o54 81
sa5O, PA 50
tai stock paid and second now due HOO 90
Net profits. 14o2s4 50
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENT. 1904 50
Balance to be divided on net premiums
of 1915 and unearned of 1a73-4... $117 100 90
The COMPANY HAVE THE FOLLOWING ASSETS TC.wIT
Cash on hand. .-.....:..-.. $780,, 4S3 Is
Accounts in course of col
Bills receivable for loans on ~'
pledge OF stocks and
Bills receivable at short
dates.... 3so11 As
Bank and other stocks 2Is103 IS
Stocks City Railroads. 1859 66
City and other bonds. 1106s1 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
Ows and Orphans...-.. 1900 90
Real estate. eol35 Oosl 4se.2i5 SO
LIABILITIES
Capital STOCK. ,1oO,o 900 90
Reserved for DIFFERENTIATED
Unpaid dividends dnciad. ''f]~
ing interest and pre-
MUM dividends April
80, 1875. 1T655 q
Contingent Fund (surplus 11s,s1s 65-s1 4s6 215 SO
The foregoing sa true and correct transcript from
E6. 4. PALFREY. President.
THOs. +. 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 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, 81 10o, OO0,) 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 3Oth april 1875 and |
Of their unearned participating premiums for the
year ending 3Oth April 1874:
ED. A. PALFREY, President.
THOs. +. WALKER, Secretary.
MOSES GREENWOOD, Vice President
TRUSTEES.
Moses Greenwood r. M. Walmsley
W. A. johnson, A. Brittin,
John l. Noble, A. II. May,
John Chaffe S. H SnoWden.
Richard Milliken, T. Lytt Lyon,
samuel E. Moore, VIM. c. Raymond,
J. I. Warren James S. Prostidgs,
R. T. Buckner, Samuel F. BOYD,
saml FrieHander. Joseph McElroy,
1. A. Yates E. B. WheelOck
John l. Adams Cyrus Bussey
saac Soherck, VIM. j. Behan,
B. +. Eshleman. my23 I'm