The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-12

INSURANCE.
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
..Carondelet 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 3d. 1875. to wit:
| PREMIUMS FOR THE YEAR.
| On Fire Risks. ,073 SO
On River RlSks .......... S5l,2S9 70 - -
On Marine Risks........... 44,l16 d. $685. 4l9 SO
| Untsrminated premiums
3Oth April, 1s75.......-- e9742 90
Return premiums. 9,9a5 So 1861 so
Net earned premiums. ............. $685., 1872 40
| LOSSES PAID, TO-wIT:
| On tire risks sl3l ;iG7 80
| River risks. 126, 4s2 SO
Marine risks I 800 65-s269, ITO So
Re-reinsurance. 1869 %
Rebate returns. 1892 Il
State and city taxes 226lS At
Gross expenses home office
and agencies ~ sg9 u -. -, =,
PrOht and Loss. IL, vi ~ - S59U.o62 %
Balance. Observation-Disclosures. s145, 1863 SO
Add interest and discount and savings
received. lUo,uo4 o.
s25o, ss4 50
Less first semi-annual interest on capt.
tai stock paid and second now due 10000 %
Net profits. 1902 50
ment.. .................. 1904 50
Balance to be divided on net premiums
of 1915 and unearned OF 1e734... &117.130 90
The COMPANY HAVE THE FOLLOWING ASSETS TO.WIT
Cash on hand 1894, 4S3 10
Accounts in course OF col
lection ................ 50,32s At
Bills receivable for loans on
pledge OF stocks and
bonds 522, 1923 o.
Bills receivable at short
dates. 3eO11 As
Bank and other stocks. 21a, 103 SIS
Stocks ofCity Railroads. 79,549 66
City and other bonds. 110,6ol Sc
Bonds Of Masonic Grand
Lodge of Louisiana. 5, 900
Bonds Of Odd Fellows Hall
Association. 600 90
Bonds of Association for
Relief Of Jewish Wild
owsAt Orphans 2 900 90 =, 49,
LIABILTTIEs-
Capital stock. 81 100, OG0 90
Reserved for DIFFERENTIATED
Unpaid dividends dnclud-
ing interest and pre-
MUM dividends April
80 1875. ............ 1T 655 %
Contingent Fund (surplus) 11sS1S 65$1, 4S6 215 es
The foregoing is true and correct transcript from
the books Of the Company.
Ed. A. 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
on the twentieth inst it resolved to pay on DE-
MAND q SECOND SEMI-ANNUAL interest of
FIVE PER CENT to Both April 1875, making ten
Der cent per annun on the CAPITAL STOCK of the
Company, (s1, 1Ot ,OO0) and CASH DIVIDEND OF
TWENTY-FIVE PER CENT, to Stockholders on
the amount $47l 1863 ss) Of their net participating
premiums for the year ending 30th april, 1875 and
Of their unearned particip ating premiums for the
year ending 30th April 1874.
ED. A. PALFREY, President.
THos. f. WALKER Secretary.
MOSES GREENWOOD, Vice-rreside1t.
TRUSTEES.
Moses Greenwood r. NJ Wa,mslcy,
w. A. johnson, A. BrttlD,
John l. Noble, A. H. May,
John Chaffo S. H. SnOwden
Richard Milliken, I. Lytt. Lyon,
Samuel 4. Moore, VIM. G. Raymond,
j. l. Warren James 5. Pr.stdgee
r. T. Buckner, Samuel F. Boyd,
Saml Friedlsnder. Joseph McErOy,
A. A. Yates, E. b. WheelOck,
John I. Adams, Cyrus Bussey,
Isaac Scherck, VIM. j. Behan,
B. f. Eshleman. my3 I'm