The New Orleans bulletin., 1876-02-17

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| NJ INIh ANNUAL STATEMEN1
FACTORS AND TRADERS INSURANCE
COMPANY,
37......... .Carondelet street. et............37
NEW ORLEANS May 20, 1875.
The Trustees in conformity with the charter of the
Company, publish the following statement Of its
affairs TOR the year ending April 80, 1876 to wit:
PREMIUMS FOR THE YEAR
| On Fire Risks. $500, ,G73 IS
! On River hlSAs-. S3I,2s9 70
On Marine Risks........... a. 116 d. $685., 419 ~
Untsrmnated premiums
Both April, 1s75..--..... s9.74s 90
Return premiums. ,92o oc-- 93,6b1 50
Net earned premiums. S535, 1852 49
LOSSES PAID, TOwIT:
On tire risks. $l8 3G7 80
River risks. 1876 4S2 SO
Marine risks 80 65-sso9 17o53
Rerelnsurance. l4369 b2
Rebate Ietmns--.--.. o'49So 81
State and city taxes. 3, ,61S 40
Gross expenses home office
and agencies. o93 81
Profit and Less. ......... IL OBI 40 - s39o5s2 50
Balance. ..........-........... sl45 1863 SO
Add interest and discount and savings
received. ........................... i05O54 81
ss5o,ss4 50
Less first semi. annual interest on capt.
tai stock paid and second now due 10000 90
Net profits. 14o,ss4 50
Less reserved for shrinkage in invest
ments .................... 1904 SO
Balance to be divided on net premiums
Of Is745 and unea1neI of Is73-l s117. 7.13e 90
The COMPANY HAVE THE FOLLOWING ASSETS TC-WlT
Cash On nand- $5S4,4e3 10
Accounts i'll course OF col
Bills receivable for loans on
pledge OF stocks and
Bills receivable at shors
oates. J6,Ull 10
Bank and other stocks..... 2ls, l03 IS
Stocks OfCity Railroads.. 79,54y 66
City and other bonds 1lO,6Sl 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 C0-Sl, 466 215 90
LIABILITIES
Capital stock 81 100 600 90
Reserved for Unterminated
Unpaid dividends fnclud.
ing interest and pre-
MUM dividends April
Contingent Fund (surplus) 1lss1s IS 81 4s6 a15 ss
The foregoing is true and correct Transcript from
the books Of the Company.
ED. A. PALFREY, President.
THOs. +. WALKER, Secretary.
STATE OF LOUISIANA,
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 spec'a meeting OF the Board of TIus ees held
the twentieth inst, it resolved to pay Oh De
MAND SECOND SEMI-ANNUAL interest of |
FIVE PER CENT to 3Oth April 1875, making ten |
per cent per annum on the CAPITAL STOCK Of the |
Company, ($1, 10V, ,OOO) and CASH DIVIDEND of |
TWENTY-FIVE PER CENT, to Stockholders on |
the amount $47 769 S5) of their net participating
premiums for the year ending 30th april, 1875 and
Of their unearned participating premiums for the
year ending 30th April 1874
ED A. PALFREY, President.
THos f. WALKER Secretary. |
MOSES GREENWOOD Vice President
TRUSTEES.
Moses Greenwood r. NJ. Walmsley,
w. A. johnson, A. Brittin,
John l. Noble A. H. May,
John Chafo, S. H. SnOwden,
Richard Milliken, 7. Lytt Lyon,
Samuel E. Moore, VIM. G. Raymond,
J, L Warren, James S. Pr.stidge.
r. T. Buckner Samuel F.. Boyd,
Saml Friedlander. Joseph McEiroy,
A. A. Yates, E. B. Wheelock,
John I. Adams, Cyrus Bussey,
Isaac Scherck, VIM. j. BehaR,
B. F. Eshleman. my23I N