, 1880-03-16
More Misery Caused by Fires
What Dry Goods Cost the
companieo.
Tho New York Dry-Goods Dis
trlct-Tho Dead and Alive
TnrifT-Schelnc.
War to the Knife on Q Mutineer-
The People Win Get Some Of
the Benefits.
An English Ciandeatine Busincss-A Jer-
scy Crusade.


s,..tot r,.-.,ro,d>n.a NJ me Chteaoo Tribune.
NEW Yonx. March 13.-Thcre IsstiIl con-
s1dcrah,a amount of unhappIuess AM org tho
{,rc.5nsurancc cnmnahies doing business in
th,s c,tv. in conacot,enco of tic apathy mani
fa.toIi to,v,rI roatoratlon Of rutrs am,
,esru eo"".t - ,,,,t',a. tr,,o,, fn,t
s ns eIass sus' uretty we'll u up to- tho beginning Of
February, but tho losses In that month g1vo
them fresh dose Of blues; and, when the
H., f,.n ~, f,on,t,ro,, tooh nInca II eca,ncd
tic then as Il he spirit wero knocked out Of
them completely. Yet many offices escaped
tho late broadway fire entirely, and none lldd
vcrv l,ravv iinns, Init t},nre wcre sounds Of
!an'entation anu grooming 80 EeneI",ay .Eae
1t would have been thought TINT the BOTTOM
lad dropped out.
LOSING TERRITORY.
Ing eteat soulce " seAato. II. .''' s.ts -.
tue dry-goods district comprising aoou'
twenty blocks, below Grand street, and ex-
tending from, Elm street to West broadway.
Within fh;a sroco IL conccntrateti enor1nnus
t',"..tt,na .a - s.,s.o,,smd,so roou,rsnr o,nr.
auanAt1cs OIL mc1chnnulse' leaM,aA's eaiol-
inous amounts or Insurance. whenever
building burns, 1t catches the companies for
ut least sJ00, eco, and often for ncar]y round
million. Every wear there is about one
fire which produces loss enough to
T., m'p' ,,a. us' ~ ar.;ss 'sso1o ~ ha,tLIo,a
NJ tnns ~, tell'.oty Wi ,"', ~ .,,.,.i.
eighteen months from 40 and 20 cents to 90
cents and 81, und there urc very few risks
which nav 1csa t1nn " cents. Year after
nas tha y 100 . 'c+rct has coat tha IN
srae ,e a.so' ,vI,o1o lar iarre ~ ain,
beyond the returns received; and 1t Is very
co,n,no,, ..xnnricnca 10 hear this calculation
nado. Msrhis cn,n,,anv mi, sofcly take only
s1,oooIooo in tho entire dry-goods district.
l1pon Tint sum W. may receive an average
Of Is cents. or s7.oo0: and, after dctluctlng
commissions. rpl,ntes and ofIIce-cxpcnscs,
we may have left 50, ooo'-or 1ust enough 70
pay ono loss Of TINT amount; whereas we
arc liable NIL tho whllo to o devastating fire,
which will cost lis ten or twenty times that
ntes havo tac.itly decided to limit their risks
In this territory to small lines, and charge
t,o highest ratcs M for their policies. ta But on
s1' ore 1,,.e+.r'1.3 , - r"1J n. ~ nv INV yopK.
nEsrhulr rAsr ,,,e, Js ,nhn.o NV iH t%a Mrdor.
Ihe same rcasons when induce ule anra andort +
ave s aso opcraed TO aducs
t,,o % ,nasa,,.nta anil ownnrs ~ buildings to
LUZ U.e . s;, a,'d ~ ~ s,n, az nractica.
make t,e Tisks o. lte as snia, It, ~ ,1sn@s pS;cs.
unnerallv nro we'll built, and that they COLI
f form neorer T tn the M stantlard % REQUIREMENTS OF
iutn. l tea4s. w wv osan .,,a., 49,, athars
tho hre-insurnnco companies th'ln any othels ~:
IN tho city; They arc Potter protected ,n:' py
hive a more comnirto nroylsfon for CARRYING
,vnter IL t},e rnofs. than nny buildings to bo
| fniInti eisuWiore. There IS mn ample water
supply; and the private wateh1nen employed
by merchants give TO this district q surVell-
lance uneaualea anyTe[e In .a ts e334hhtsy &C thsEyg
precautions, and the excellent chnractor OF
buildings that res occur en- thy en 1gy
there Is Il large amount Of manufacturing for
and sothng raas saTrHa on u
10 treat this Increased hnznrd with
general demand @ fot an Increased anati ra.e.
cnee for parties manufacturing. ladtes'
suits md aiidergarnsns to 4 get III u the a',,tn n
md occupants Of grountl-tloor stores, having
such facloEics gpstalrs wc5e eye1 charSeiiII iI
extra Charge Of 80 cents In ntltlcd to the rata
on The stocks OF merchants thus exposed ;
~