The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-10-10

is carried on floating policies, and neither
the owners Of the cotton nor the insurance
companies could tell last night what their
LOSES o. cotton are
There we're 900 bales Of cotton burned,
upon which there will be considerable
salvage. as the cotton on the wharves was not
entirely consumed, and there will be some
cotton taken in partially burned state
from the buildings.
OF the 1890 bales Of cotton burned, i -
believed to be fair estimate to divide II
into 4.O65 bales upland and p bales sea
island, which would make the loss on cotton
S205. 800.
THE JUTE BAGGING LOSS.
There were about $50 rolls of jute bagging
burned at a probable loss Of $3.50, and
$500 on ties. The estimated loss TO build
ings. machinery, ETC., can DO conservstiyeiy
put at Sl25, 900, which would swell the total
loss to 1892, 400.
Supt. William Wade of the Savannah
Cotton Press Association estimates the in
surancs on the Lower hydraulic press and
its property burned at about $4,000, aud
on the Tyler press property about S4O,UOO.
He said that he was unable TO tell at present
how near this would come to covering their
losses.
Assuming that the cotton isfully covered
by fire and marine policies, it would appear
from the estimate of aggregate losses t, at
the property burned is not fully covered by
insurance but that the loss over and above
insurance viii reach about S40,2 200.
THE INSURANCE.
The insurance on the presses, warehouses
and cotton. so far as 1t could be obtained
yesterday, is as follows:
Footman & Co S agency
Home of New York on wharf
Home of New YORK on cotton
and other merchandise. ...... 2,000-S 6, 800
Queen of England on building. $500
Queen of England on cotton L.
Gourdin Young. LOO 6,600
Phoenix OF London on buildings 5000
Phoenix of London on boilers. 1000 5000
John Sullivan & Co. 8 agency
Lancashire Insurance Company on ware
house and Observation-Disclosures. 5000
Haines & Daniels agency
Commercial Union Assurance Company
N. A. Cohen & Co. 5 agency ''''' '''''
Georgia Home on buildings. ............. $500
Orient of Hartford on buildings. ........ $500
G. A. Reitze & Co. S agency
Royal of Liverpool on building. ......... Il, 500
f. f. Neufville & Co.'S agency
Central City of Selma on cotton. ...... 1850
Rowland & Myers agency
Amazon Insurance Company on cotton. 1000
]. f. Wheaton & Sons agency
Hibernia Insurance Company on build
Germania Insurance Company on build
ings. .....'...'. ......... 5000
Williamsburg City on buildln 's...-...... 1900
Fire Association of Philadelphia on build
ings. ......................... $500
Total insurance. .....................S9 500, 200
THE COMPANIES LOSSES.
The losses Of the companies are as follows:
Central City Of Selma. ..................S $500
Germanla Insurance Company. ......... 5000
Williamsburg City Observation-Disclosures. 1900
Fire Assurance OF Philadelphia. $500
Hibernia Insurance Company ......... 10000
Amazon Insurance Company ........ 1000
Home OF New York ... .............. 6.600
Queen Of England ............ ......... $500
Phunixl of London. ............... 5000
Lancashire Insurance Company. 5000
Commercial Union Assurance Company 10000
Georgia Home. ............. ........... $500
Orient of Hartford .................... $500
Royal of Liverpool Observation-Disclosures. 1850
Total ...-... .................... 81 49, 200