New-York tribune., 1900-07-02
LOWERS THE FIGURES.
GUSTAV H. SCHUAB THINKS
LOSS OTERESTTIA TED.
HE PLACES DAMAGE To PROPERTY. AT
ABOUT S5,0OOOO0 AND REPORTS
126 MEN MISSING
126 MEN MISSING.

Gustav sc.,wab. agent OF the North German
Lloyd Steamship Company. made strenuous ef-
forts yesterday 10 compile an accurate list os
the loss Of life auG property caused by the great
fire of Saturday. but last night was aI. 70 give
OUT only approximate estimates. zee thought
$5,0O0OOO would cover the destruction to prop
erty. but this made no allowance for that OF
other owners than his company. He also
thought l26 would De liberal figure at which
to place the loss of company employees but this
did not include visitors to the ships or piers. or
Iongshoremen at work there As to the possible
number OF visitors who might have been caught
in the flames he could make no guess at all
though one OF the officers of the Bremen esti-
mated them at two hundred and Mr. Schwab
thought the Iongshoremen lost would not exceed
fifty. The company acted as its own stevedore
and hired its own Iongshoremen. but the books
in the Office On the pier were burned. and no list
OF the men so employed on the fatal day is
available.
HOW HE MADE HIS ESTIMATE
Mr.. schwab arrived at his estimate of missing
ones by counting the known survivors. but he
refused 10 give out any names, because new sur
vivors kept turning up all day. and The agent
said he would hate to make any wife's heart
sore by publishing her husbands name on the
missing list long as there was any chance OF
his survival He therefore decided TO wait an
other day at least before furnishing names for
publication. but gave out last night the follow
ing figures about the crews of the ships as the
result Of the days investigation;
Crew or the SaaIe. Ok
Saae men in Hoboz lodging houses, .,.-..,.... 125
Bremen men in Hoboken lodging houses .....--... I2T
iniIreI IN Is t3'7'S !S
Rescued the Kass- Wilhelm Cirosse---. 80
Total OF three sos
Total accounted far.................. 47O
Missing TO date 12s
When Mr. schvab was asked for figures on
the values of ships and cargoes and the losses
incurred thereon. he at first declined to give
any. saying he would prefer 10 have them come
from the head Office in Europe. but he finally
| consented to give approximate figures on con
diton that they should be accepted as such and
by no means be considered as pretending 10 be
accurate. They are as follows;
The Kaiser Wilhelm Crosse worth sOOOooo
T1 ECO 1ou' , ,zd LEO
lNay be total Icss>
Jsiay be total loss1 ''''e'e'
jslsy be total loss, '''''' '''''
value warehouses ana freight there 10000
AS To THE INSURANCE.
Mr.. Schwab declares that the freight both On
| the piers and in the ships was insured by the
! cC1signOrs. and its loss would fall upon the
company, as the fire was THE act Of God" and
could in way be attributed 10 negligence on
the part of the company The ships were in
sured TO the extent OF 60 per cent of their value
in European insurance companies. and the re-
naming 40 per cent risk was assumed bv the
company. which had an insurance fund for that
purpose. The piers and warehouses Of the com
pany in Hoboken were fully insured in local
companies. Mr.. Schwab said, but he declined to
tell the names of the companies or the amounts
of their policies. He gave the reporters the fol-
lowing tabulated statement of freight on piers
and ships
Cargo on Pier No. 1. part of which probably
had gone on the Main. or was still in lighters:
2609 bales cotton.
225 barrels cottOnseed oil.
1000 tons Stag.
5430 bags middlngS.
800 bags brewers grain
81 packages household goods.
20O barrels beef.
112 bales tobacco.
113 barrels shoe pegs.
IL boatloads Of corn, OF which probably eight