The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-15
rHE NEW ORLEANS BULLETIN SATURDAY, JANUARY 49, 1876
INSURANCE..
MERCHANTS MUTUAL INSURANCE CON-
PANY OF NEW ORLEANS,
1O4 Canal Street.


PANY OF NEW ORLEANS,
1O4 Canal Street.
TWENTY-FIRsT ANNUAL STATEMENT.
In conformity with the requirements of their char
ter, the Company publish the following statements
Premiums received daring the year ending May 81
1875 including Unearned Premiums OF the previ
| Gus year:
| On Fire Risks ACKNOWLEDGEMENTS. s569,62l o.
On Marine Risks 22,o2o ~
| On Rlyer RISKS. oo,'oo NC
Total Premiums. SOS 1850 %
| Less UHearned Premiums --. III 4tS OO
Net Earned Premiums 3lss May 1s75.--. a556,6s2 %
Losses paid
On Fire Risks. 1851 ,344 Al
On Marine Risks -.------.-~- 4!.to2 ~
On River Risks ......---..--- 32,44 10
sas7, 40 30
Taxes ACKNOWLEDGEMENTS 35,009 80
Reinsurance and Return Pre-
mlums. Observation-Disclosures $3.50 y
Expenses and fifteen per cent
rebate less interest. I930 OF
Profit slos, s1 So
Real Estate s2s2 sA 43
City Bonds. ACKNOWLEDGEMENTS. 2l6 ZIG 90
Bank, Railroad and oaher Stocks---. 1911 80
Notes secured by mortgage and pledge. 1927, 10 50
Bills receivable ACKNOWLEDGEMENTS. IS, IL w
Premium in cOuEse of collection. 81 I04 70
State Bonds too w
Insurance Stock. Observation-Disclosures. 49, 1874 46
Stock of Vaette Dry Dock Company. 18, 400 90
Mort gage Bonds Turner'S Association. 1900 90
Mortgage Bonds ODD Fellows Hail.. 5000 90
Cash on hand los, 557 %
sl,sss, s9e So
The above statement is q Just, true and correct
transcript from the books OF the Company.
p FOURCHY, President.
STATE OF LOUISIANA, |
Parish OF Orleans city of New Orleans (
Sworn to and subscribed before me the 18th day Of
June, 1875. JAMES FAHEY, N. p.
At meeting of the Board of Directors held on the
18th day of June, 1875 it resolved to pay to the
Stockholders demand, interest at the rate of 10
per cent per annum on their stock.
P. Maspero, Ed. Toby,
S. T. Relf NJ w Smith,
d. A. Chatfraix, j. NJ. Allen,
Chas. Laftte. je16 rs 1y
TUE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, LA,
Corner of Camp and Canal StreetA
ESTABLISHED IN 1903.
Income for year 1874. $5o4 o3s 70
Assets December 81, 1s74....-...s75s56 $50 60
The Company insurcs Fire, Marine and River
Risks. Issues Marine Policies, payable in London in
case of loss. J. w. HiNCKS, Secretary.
AID SCHREIBER Vice President
J. TUYES, President.
DIRECToRs
W. b. Sahmidt A. M Bickham
Placide Forstan, Ad Schneider,
H. Gally, Jules Tuyes,
". Van Benthuysen, D. Fatjo,
Emile Bouny q. D. Rogers. fe3 ~
NEV ORLEANS INSURANCE COMPANY
Cornsr Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter the company pub.
lish the following statement:
PREMIUMS Home and AgenceA) DURING THE
YEAR ENDING DEC. 81, 1874.
I'm nr0 risks. ....... $4S5, ITO
On Marine risks 6o9o2 IS
On river and inland. ........... "a 394 SO
Less reserved for unterminated
risks December 81 1s74.... 1865 6ol 50
Return p2emiums. ............. 3S,222 90
Hos, s73 IS
Add IS 1865 IA
s5o4, oss -
Deduct reinsurances. .......... rs 1893 20
q Fire losses 1851, IA 80
Marine losses. 57,432 10
River ard in
g land lOsses 81, 427 IS
- 27ooo4 II
2 General expenses. 55,25e %
Taxes .-....... .-.-....-. 1s4& %
3 Commissions. $3.50 80
tRebate...... ............. Il, 494 80
l7sss5 os
Net profits. IN, aos n
The company has the following ass t..
Cash. ................. ....... $4,000 ~
Premiums in course Of celleo |
lectien.. 92,133 n |
Pledges and mortgage mites. 2l1, $50 "a
Bills Receivable for premiums 2.4a1 "a
Bonds, city and other ......... 139, GIG IS
Stocks, gas and ether. ........ 7,4O9 50 |
Agencies premiums in course
Of transmission 9,787 q
Due by insurance compar' ss.. 1920 81 |
Real estate corner CAM and
OBSERVATION-DISCLOSURES. 7o,ee2 n
Other real estate. ............ 70,532 81
Branch office Third District,
premium Ia collection...... 1,675 10
Suspense ACCOMPLISHMENTS. 1910 16
-f75656 $50 90 |
LIABILITIES.
Capital steok.-.. $500, 900 90
Reserved for unterminated
risks Dec. 81, 1s74.--...-... 16S, COL So
Interest and dividends unc0l-
lectel ... 6,73715
Claims against the company. 1898 70
- t67, e32 Il
Surplus more than sufficient
to cover depreciation $50, 928 y
The above statement is true and correct tran.
,oript from the books of the company.