, 1880-11-28

and painfully aware OF the dlf11culty or max
ing profit, that they would and should be
unwilling to accept risks excepting at an all
yapced rate On the contrary, they continue
to do that which thew proclaim to be
| WICKED md uronr There ara twenty
| h,oa,.e !, +ha ha,r+ ~ tha citv
o 49,
Ano"A 10 1'o ~ "-'s'' -. ,.ss
iates afo i"ttas 'na!neaneo' oeo"aao 10 =.
IS greater tnan the SUPPLY outslae OF 'ne
boundaries OF this charmed circle the rates have
| oone IN the dogs They nre no worse than they
/ eo~o 80 ..ao-e a,, h,,+ +har, +bcv wars aa Io,v
| "oie wv 'o.'s "so' ous .ueA ~. w." =. =.
as they could BE- and that IS pad enough II IS
not ut all to the credit tho companies that they
| ara ready to sell their policies on wholesale
grocery stocks across the strect from the dry
k.oG13 -. et.o ~ o.i1a ~ hoea ~
t koous a. ~ ~ uuo, 80 ~ - ;a.;,n ~ o3,;nos
straw gooos e. ~ cents, ano o1 printing o1s'fe a.
~ cents anu @ t.nNg s".uu s ~ = Ike ~,
Northwest] at per oent ut 80 cents
| RATES, ETC. IN r1,ooE1.Yy,
But If rates and demoralized practices are
| below the paving point in this city, in Brook
lyn they are far worse. It is the universally
| and recognized fact among companies that
| the rates in BROOKLYN are lower than ever
| before in this country, Dwellings are writ
| ten for customers Mt eirht cents net for ono
| YEAR and o. cents net FIR bve Years. small, re-
4al drv goo1a atona and thrcn1 and n.tt1,e stores
r,+h foarf,,1 a~noarro ~ ,r,n,,,yy Hoedo, l;onts
ar N canta Tn anncioI bo7orda therc ia 81 mnroc
~ 9actorv m EIushinr ovon,,e written nj ~
cents: 4. s narnea. printing oice at 50
| o+ 49,. ,, hosor1 ,,tr a.
Genus ana ,, o'e s,rone brewery fIsh sa,,or, ar
t Is cents- Brooklyn churcnes are eagerly
written By the best companies Mes at ~ ~
foctorice ot ner cont rhese rates arr at ,east
..s ~ - ~. ~. ,.1s.a. Cs,aa- 49, 1900
% Per cent - oe1um t, tae Ec Fac,n. ,ao,,
IAe THO ou lHe 11n5oHtA CaocH ractot3. uPutA
Wnlen !oss " E.,ouu ~ lnte!y oGcnaaGu, M WIS ~
;os ~ 10 ~, Iu ,a nG nstfnri Eso- re assn
| clation. and others chilled conservative. There
10 strong compet1uon TOR business IN bfooS-
1nti there in nothing left to tjghr over. The
| conflict RACES particularly over dwclltng-house
anq ,s tno t T'e aae II. tar "cr an nr ~ ,
best underwriters Who tell us that there IS more
money TO be made In brooklyn than in New
1oFA' .. ...
BIG MUTUAL schEslE'
a party from clhclnhati VINO mas hao some
experience Ill the mutual business In Ohlo
has been in this city for some time trying to
work up scheme for mutual insurance
co1npany among merchants. lie called UPON
leading merchants and was pleased with the
oooo,urouan+ Ia roo,;rot1 from, nj ,,ror
whom he called. Unfortunately for himself he
commenced at the wrong end OF the line. When
he had worked the scheme to point where he
in
eoI'o soont upon aoo"s $'o" - r pAeua,
notes. he consulted the laws OF the State and
then found .1, that no no single @ premium @ note note
xsfo and +hot r. reo,1roa slo
sv"t n,tas ~ .s 1,s onna;+;nn rrocoaent
20 organlzaton. in.s aascorery @ placSa qnaetus
t3 ea ba ,seeStal a1 e Ttn etnaE ann
panies Of New YORK b ppye Controlled The Iceisin-
; 70 ~ ~ ~" hint n ~ tn. nio T. nn+taoI,.
;nei o ihIn 20 roni1 o ,r,t,"t ndmnHnr ~
VIZ stnt ,~ " ~ % - st4ann eoi,.ant sua
a CORPORATION mt0ht be.
A HUGE COMPANY ADVISED.
It is frequently suggested that in spite of
the hard times it would be a paying invest
ment to organize mammoth American conf
pany with paid-up capital of $1,000, 900.
This sounds very simple, but it would be
formidable undertaking for anybody.
Years ago, in the pal1ny days of Jay
Cooke, that gentleman, in connection with
some New York underwriters. proposed to
organize such company. and allotted certain
proportions of the cnptai tn various cities. civ
tnR New York and PHILADELPHIA about two
thirds, and Chicago. Boston. and St. Louis the
balance, It vas ntppcd in the bud by the Jaw
Cooke collapse. and since the proposai has rested
in peace. Lately the matter hns been newly
agitated and several capitalists hive been ap-
proacneo wlta Ic1erencc 70 que nlatter. ihc re-
peLd ~ tL aIcl nn ~ ~ W ,Wi h a'
to subscribe. and in rralitv no headwny hns htcn
made toward perfecting the organization. Per-
haps out OF this germ something may grow here
after The theory upon which the projectors Of
this schome aro reported to proceed is the uni
versully recognized fayoritism Of the
public for large companies. The rapIdy-gruw-
inc. appropriately. Of the small companies and
their steady decline in surplus. are urged rs
good reasons why large companies succeed ind
small companies fai Probably no such com
pany will ever be organized without coming |
regularly before the public under the auspices |
OF merchants and capitalists.
hrrscEr1aSEO17s ITEMS
,r,oro oro ,,,,,, e+,r;o, -, o;ro,,1,,;o,, o,,
AAe1e "le lnaiis s1ollee III cl1cu1aeio1 1ela-
tive to small city companies being on the
verge of Humiliation mr. a,natra,notion h,,t |
sSs'..: nr,'' rts:' |
tileJ 1ack continuation. 1he 1uaroia1s, Holt
mann, Lorillard, Hope, and others have been |
,,,o,t;onoa II, mic ,onuoot;,n |
lne .rlal VI EJan Alsel 1as oloushs ont
cHAFactei prlor ~ MS arrest from various
underwriters OF prominence. There is q general |
belief Mt present that Allfrer is a victim of the
ohso,n+,,1,+o.1 ). r,I E,,rht,a >, ,vho nu . -
no9>4N1~NA*A NoA oHe6ANott* "Ao "Sa9 u 1S- |