Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1894-05-03
JAMESTOWN THURSDAY

regions, the most rapid growth In wealth
has been shown in North Dakota.
What q future awaits this state, hardly
out Of it's swaddling clothes, when in the
short space of less than quarter Of
century itrisea out OF an Ultima Thule
the almost unknown and somewhat IN
definite region described as the "North.
west," and surpaeses Its sister states, tho
older and more densely populated com.
monwealths Of Illinois, Minnesota, Iowa,
Wisconsin, Ohio and Indiana; wher in
the short space of fifteen or twenty years
an infant state rises almost to the dig.
nifty OF an empire. and is known from
one end OF the United States to the
other as '"The bread basket OF the
world" And the "hslf has not yet been
told" OF its wonderful resources-its own
inhabitants even do not realize the capa-
bilities, the possibilities, of Its expansive
prairles which stretch away on either
hand like the undulating billows OF sea
until lost to view on the horizon.
The state insurance department has
gotten out an interesting report of the
business done by insurance companies in
the year 1898. The report shows the
business done by life, accident, fidelity,
plate glass, live stock and hail insurance
companies, and contains some interest
Ing statistics.
OF the sixteen life insurance companies,
the Northwestern Life seems to be doing
the largest business. 1t issued 249 poll
cles in the course of the year, represent
ing S376,7O5 worth of insurance, and
bringing the number Of policies in force
at the end of the year up to l,459, repre-
senting about S2.500,OO0 worth of life
insurance: The company received $780,
747.41 in premiums during the year, and
incurred $4,000 losses. al of which were
paid. The New York Life comes second
on the list, as to business done in the
year, having issued 15l policies. The
Mutual Life is, however, second on the
list of number of policies in force at the
close of the year, with 974, representing
100000 OF insurance, and the Equit.
able Life is third, with 8O2, representing
$1,8O0,000 of insurance.
Taking the total of straight life insur-
ance, which includes, in addition, nine
assessment companies, it will be seen
that quite a business was done in the
state during the year. Altogether 9, 2,233 23333
policies were issued, representing $2.OO0,-
600 of insurance. The several life CON-
panies received 1904. .722.s7 ia premiums,
and paid out S8l, 1885 in losses.
| OF the miscellaneous insurance COM
panies-twelve in namber-7SO risks
were written during the year, aggregat-
inf in amount s2,626, 6,S34.36. s23,52545
premiums we're received, s9,O36.25 losses
incurred, and $l2,205.74 paid.
Or the six hail insurance companies
doing business, the Alliance Hail asso-
ciatIon Of this city, far exceeded all
others in the amount of business done.
There we're 999 risks written on 11OS53
acres, on which were received s24,38767
in premiums, and s9,77843 losses in
CURED and paid. The Farmers Hail as
sociation of Grand Forks, comes next in
amount OF business done-51, ,4S3 acres
having been insured-after which comes
the LaMoure County Mutual. The total
premiums received by all companies was
$43, ,648.46, and the losses but $4,000, of
which $4,000 are paid.