, 1881-12-18
INSURANCE INTERESTS.

!
| Results Niiicl, This Eea,'< Isust1sc%,
| il Likely 10 Shosv-.i Tr1cl< III swell
Ueeeintref Premium Ifccript*-Anoti,c
! Retirement from Hu>i1ae.s-Notea from
/ taihe Street,,
! Tho end Of the year is drawing Nigh and th
] day for making the annual statement is near II
hand. 1thasn't been Il good year for the Insur
ance folks, and they know 1t only tno we'll
| With low rates East, and big losses West. tht
showing in nine cases out OF ten isn't likely II
| no = very tlattering one, md s1ockhulers vii
hardly grow enthusiastic over diminished divi
dcnds the absence of any dividends at alt
md. whit is still worse the doubts aud fears it:
10 whether next year Will turn ont any bette1
than tho one which is now fastening TO its close
SWELLING DECEMBER PREMIUMS.
And speaking Of tne: forthcoming annua! state
ments recalls story: which t;ts just teeun It's
travels OIL Ln Salte street. 1t is very simple
story and wont take long to tell it. Tho Amer
lean manager" Of a ceriAin English co1npnny
which Of course hns II Now York aud = Chicago
Office, determined lew duys aEo thnt some
thing mllsI be- dptlc tt make Il good showing In
the way Of premiums received. in order IL offset
in somc degree the losses Of u peculiarly un-
lucky ,eur. To this enu be put himself in ct,m-
muutcation with the New York brokers und his
agents throughout the country, aud, in Il few.
business like phr1lses told them to write MI
anything and everything up to Dec 81, wnunp the
thing up tor al! they were worth, and r'lea in the
premiums before the churuh ciynes rang ol1t
The old year aud rang in tho new. The column
IN tue coMpany's annual statement dcrntcd to
premium receipts will uatur.,lly'he swolltf, be-
yOnd whit It would osterw, 81 he, while tho c0ll-
losses un these unussorls:d and ~cxtra- hazardous
risks. without perhaps l'e:ng too particular
about Including TOSS which might occur this
month i'll its statement for Dec. u, lsSi.
. ONE BIZ. ONE TIE ROSES FALL
The year. which is just closing has been q
:" tough ono o1! the little com panics whose mn
biuon to branch out and do I'LL agency business
Overlenped itself and landed tht III un the wrong
side. LOSSES and expenses hare worked down
the ske'ctonic margin Of profit until tut t:yo
courses we're opeU-tU w1thdriW from the out
Or retire from business altogether by the REIN.
surunce route Or otherwise The wecdin9-ou1
process began mouth SO ago, since which
time TIE TRIBUNE has been called upon to note
the departures and retsrefuents OF two or three
institutions of this clHss which hnu beculnt.
= ruckered out " IN tho rncc- The latest retire.
Mcnt is that Of the Northern Of Wutcrtown, ".
T.. which, according to adviccs received bs IT'S
agents In thia city day or so ago, hns decided
~ carry ont the risks now OH Its books, luke no
new business. and thus put itself in position TO
wind up and elevate Its corporate toes to the
daisies.
NOTES.
The committee appointed to adjust the loss on
the Peoria glucose works tire bus forwarded il
circular letter to each Of the companies III the
risk. requesting It not to ply up until the com
mittcc 'nukes its report AS stared the uther
utt3% t"Q cOEnOnHtc nave tQ0S fAr their
share o1 the loss, and there is II very good pr,s-
pect that quite number Of the others will con-
test pnyment; on TIE EEeand tha, the glucose.
first obtaining Permission so to do and paying
for the extra hnznrtt accordingly.
The presence III the city yesterday Of the ven
er7tble Stephen Erowel, President of the
Phcnx. Of Brooklyn. gave rise to suggestion
that the vacnncy IN the local agency WIS about
to tillcd. The present General Agent, Mr..
Hurch, has been riding the two horses for SOME
time past. and it has been one Ut the puzzles
the street whether he wns 10 continue that
unusual acrobatfc feat cr be relieved
In the locai agency by another man. As nenrly
LIS could DC feuri,cd. the Phenir is veil enough
satisfied with the present status Of utrairs. and
tue Generli Agent is likely to continue his +
presen; relations to the company for sometime !
ut lenst.
. Ike Lewis has Just returned from a trip to La
Crosse. Wis, where he wns engaged in buying |
ashes,' which Is the insurance term for adjust
ing losses.
james Ayars has sufficiently recovered from g. |
long siege Of rheumatism to be at his desk again |
auu attend to business.