, 1877-07-15

These arc rut imaginary rates but Tcrataole
nu,tations from the policies Of the leading com
nanies. including, the best English, Hartford
and New York millionaire companies Inc
Cation Exchange building WAS formerly insured
at 60 cents pcr annum. Now it Is insured Tor
three years for Is cents. An English company
has risk on South street building "herc ~"
and nakuin are picked aud sail !olt localeo toi
three ycars ut 50 cents for the term. stochS III
omnibus buildings formerly rated by tue tafni
At l.D are freely written no" At ~ cehts, a"o
40 on through the list The people o1 tnNaso
who have hecn paving high rates may 'nlhh
their present rates are 10" oo"u' ou'
in truth they know nothing about low rates
comn,rcd with New York. Not inaptly this
city his been called 1.-THE Glory Hole
THE DIVIDEND QUESTION.
WIT IN sr;te IF all there has been very general
declaration Of sen,i-annual dividends. The fol-
lowing is partial list. payable after June II
Hartford. per cent; Etna QUARTERLY . per
c.nt.: Gcruan-Amcricau, 5: Globe, 10;~ Harnil-
TIM. II: Tradcsn,cn's,S s; Hanover, 5: Hoffman,
s: Kings County, S; Lori1lard, S; Mercantile
S: Moutauk, S: niagara, e; Pacific, 10; Park, III
Peoplc's, i; Iudgwood, S; Star, =; safesuard, D.
Thrrc are few others not included IN the
above list simply because they are not pi'oiisea-
drawback Of hearing theiy customers complain
that the reason they could not reduce rates "as
nm at1x,rnt OF the large niridcnds, anu s,utc
then have adopted the plan OF notnyns nsr .ns,,
sharenoldcrs OF dividends By mail, thus keep'ng
thc general public in isnorancc, ina;r;nsl IL G
sure method of Judging whether inuElu1a' "
Companies have fairly earned the dlsiueaus ss+ ue
c!arcd or not In January it WAS poteIt tuas
one-nalf of the dividends paid were drafts opptl
the surplus Of the paving co,l,ah,t,' iridens Ir
sre , rcnr,itinn of this game. In other WORDS
the current impression Is that very ie" OF 1ne
c,mna,,;rs wlurt, have declared se1ni-annual olV-
idc,t1s arc justly entitled to tue cIeal' u '1aA
inp money luriug the last six mouths
THE ROYAL CANADIAN.
The friends OF this Company are FeTy HUE
nsnt at the course pursued by the New ork III.
suraucc Department in revoAlng Tue Auero,, ~
of thc Ct,u,t,auy to do business ~ thls StALe.
Irnr;,ed ti',. stat ement made by the examiners
empoyed by the State as to tue actual co'a..
Of the Company be true there "as ~ 'as
lett to tic Department. " heh tue W. 49,.
tlhed to the Commissioner t!lat ;sn1 tHs + wo.
Koyal Canadian was impaired, IL ~, W.. =
hi jnty to revoke Its authorlty. The same 11;e
annlies To home company, aid it would hafui' aal
M. considered a fair thing to stop the o'islnes
Of New York company u1'uei :. fnsI =. .he ..,sc n
aCanaIiau company. Still, there is an uhloi
tuna1c complication iu this matter tnat uea;
heavily unon tht Company. It has on oepos'
in American States and IN nanus anus - t,dr assets
and these are held for the protesth'h O. ~ u,
American nolivy-holdcrs. But, If it can 10 .la n
business legally, tho effect o1 ths so.ra sus
rcns,on Is that the Gompany saaapcag usase assets
no benefit from ts ,'s;on A'ne'''aa to save VIA
thcy have here, the Royal Canadians Domino 20
sto.klollcrs are forced to make eoou s, 1ae ~ ~
pairmcnt, and it is believed they VIII uo - :
But they have recently paid an ad sre 1ciut
1ant make ggod sno11er p51e fhn the COMPANY
tween two fires: The danger thal Ca.,auha as tI,a
Stockholders cannot pay. and the oanEs. eli -
in casc they do not the Amerean f asG ,;en;iatio1
There is one criticism in the MANAGEMENT " ~. =.
Compauy which may be nentlotica. q. - D. ~
Started nnder the auspices Of Mr. A1rca r.. :,
OF Montreal, an aecomplfshea n uhau, 4nln,cr1y be-
IN ,Sea. th.. Service of tho Royal Of England, al
Is soon as the Royal cana'tIn; !. wa wa u
loot rivalry sprang np a,rS Ge,Mgen i.. II to the
Royal of England This r'va'rs r. t9apy nv W loealti
With cost botl, Companies heavily; ana 3 70, o,
before tbr St. johns disaster Ihe no,a. .,,',,d;.
ROYAL Canadian were losers - ~" the" hut',t y
strife Tits result was lnesitaoiI7 ,.r;r
krpt IN till the last moment, anu tne lead ~
friends Of the Company are not '.;,a1 ~
the recent calamity impaired us cApak"
-BH CHATTER OAK Affairs. >,
Tie unfortunate turn in the a1s,,oa auAns -" !
Company is to :,,,ps pe ta' snnei thousands Of ln1
sns g tower Of s,rens15 All its ; troubles hs
attributed to mismanagclnent nss ..,,; -
former officials and second by the F"Tber PpThsi is
GERS Among the latter Hsn'5 ~. ! - ,hc i'oly a
s2esssse soul and Tic chstSf
Lifc-Insurance Company and us w" 1ia.. 10 wh n
may be attributed to him. to Il hase 1ne W
question Of - mp SeW FORK real cst.to acqu
By tue 1a compsny N th:re sFs ys1y free sc;at s1!
F15Ses claims ,*Es e., ngt no ,at1 nut n"f il @ o1e e
m@ IN re,n'sa vas 81 crooked picss Of ftna,,
a.9ssey. Mr Fur6er persuaded IsF,,Iatos Edwa5a
fhr~st of this city, rcal-estatc speco1''~'