The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-28

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INSURANCE.
EIGHTEENTH ANNUAL STATEMENT
| HOPE INSURANCE COMPANY,
| NEW ORLEANS.
Office .......-.-........ No. 12j Common Street.
In conformity with the requirements of their char
ter. the company publish the following statement:
Premiums received to December 81, 1875 SIT 7o7 81
On hre risks Sl27,543 90
on marine ---.-.-....-... 17,1i6 %
| Va nver-...... 324ls 90
| Losses paid during the same period viz;
On fire risks. s23972 As
On marine.-. 1926 81
On river---. 1850 05
Less rebate...... s2o,s16 O6 =
State and city IL
censes and tax
es capital and
real estate for
1874 and 1873 :. 1915 80
| Reinsurances 1864 %
Rent. --..-.-.-.. 1907 81
Return premiums 10J6 81
Profit and loss,
expenses lessin-
terest- 1908 IS
-- 117,677 81
Profits ACKNOWLEDGEMENTS. 400 $50 60
Reserved for risks not terminated Deem
Der 81, 1915 --.-----..-. SIS 969 40
Reserved for Unadjuste losses .......... 1851 II
Cash dividend Of ten per cent declared
this day. ACKNOWLEDGEMENTS. 10000 90
Estimated depreciation of assets. ....... 1221O o.
s6OO3O 60
Ths Companys Assets:
Invested in mortgage rea! estate in
the city Observation-Disclosures. SO 1913 II
Bills receivable on pledges --... 2s337 l6
for premiums -.. 1895 81
Bank insurance and other stocks ..-. 81 s0i %
Real estate OBSERVATION-DISCLOSURES. 34,324 81
Due for premiums in course Of collection. 23 663 80
Cash in bank. S54 1873 a3
Balance in Bank of America. 5I2 sc
S., 2S1 81
Total assets NEUTRALITY-SUSPICIOUS.. $3.50, 03O 60
The above statement is just and correct trans
cript from the books of the company.
HY. PEYCHAUD, President.
PARISH OF ORLEANS,
City of New Orleans. )
Sworn to and subscribed before me, this tenth day
O. January 1876. MTDUCROS.
Notary Public 1s Royal street.
At meeting of the Board of Directors, held
til, day, it was resolved that cash dividend of
TEN PER CENT be hereby declared on the capital
stock of the company out of the net earnings to De-
cember 81, 1875, payable on demand, to the stock
holders or their legal representatives.
jail 1w LOUIS BARNETT, Secretary.
MECHANICS AND TRADERS INSURANCE
No. IA Carondelet Street.
SIXTH ANNUAL STATEMENT.
NEW ORLEANS, Sept 90, 1875.
In compliance with article II of the Charter this
company makes the folio ing statement of its bust
ness for the year ending 31st August, 1874
Received for
Fire premiums. -. $3.50, $50 Is
River premiums 81, s95 "a
Marine premiums 1880 40
Unearned premiums
31st August
lSH.--. 4s,000 W
Deduct unearned
premlums.--.--- 1860 90
Deduct returned pre-
NUNS --.....-- D, 49, ~
Net earned premiums. ..-....-.. s194, 739 10 |
Fire losses ---..--.-. -3S 735 AZ
River losses. ...-...5,2 07 81 |
Marine losses GOT 43
Unadjusted losses 900 90
$3.50 "A
Reinsurance --.---1l2 SS So
Rebate --- e,;59l O9
Taxes and license $500 s5
Office expenses, Board
Underwrit rs Bah
cock en- gines 30, 900 1e
Profit and loss. 1868 90
76,123 90
Less interest. 81 2i4 B-44 e79 62125 $50 IS
Net profits ----------6 ,2oo s3
ASSETS.
BILLS receivable for premiums
and loans pledge.-... 265, 365 81
lash $3.50 %
Premiums il course of collec-
ton . 1907 u
invested in bank, insurance
and other stocks, bonds,
etc----...-.. 7O9 20
less shTinkage IA 600 90
1900 90
zeal estate. Observation-Disclosures. 1900 90
took notes. Observation-Disclosures. 16l2l6 6a
Total ACKNOWLEDGEMENTS. S52l 629 OF
The above statement is true and correct tran