Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1900-03-17

Deseret National Bank ,.,....,,. HlW
y. 9. NJ. I..............,...... 1900
Home Fire Insurance Co.ur... il20Q
Utah Sugar Co,.........,....a. 1910
Ogden Sugar CO......,..,.,,,. 1890
State Bank Of Utah ....,.... 1900
Deseret Savings Bank ..,....... ijl0O
Coop Wagon 4 Machine Coz. 1850
Cunningt0n a Co ....a4...,,..,, HOOD
Commercial National Bank ..... 10000
Clark, Eldredge & Cc...,.,n 5000
Utah Com. and Savings Bank. l0I00
lions Savings Bank & Trust Co. lgSoQ
Provo Commercial 4 saw. Bank. 1000
Lehl Com & Savings Bank..., 10000
Thatcher Bros B'nkg CO.. Logan l0So0
First National Bank. Ogdeu.... li5O0
Rocky NTH Bell Telephone Co.. 10000
Davis County Bank, Pennington. 10000
Barnes Banking Co., Kaysville, 500
Church Bonds .... .......,... 10000
$. l.. City II. r. Bondsn..-".,. 1880
e
The following companies win pay
dividends between this date and April
18th;
Per cent,
Home Fire ACKNOWLEDGEMENTS.
Coop Wagon & Machine Co..-.2
ltah sugar .,.,. ....,... .........,,s3
Hober ]. Grant & Co..........2lA
salt Lake Theatcr ...............u,lA
state Bank Of Utah ........,......,2
Deseret Savings Bank ..un,,....2
4, Z. NJ. l....................-.
lions Saving Bank & Trust Cou.2
The period is at hand when all the
Insurance companies doing business In
Utah are required TO ille the annual
statements OF their condition with the
secretary OF state. and TO pay the TX
per cent taxes on their premiums re-
quired by the state Of Utah for the
privilege Of doing business within its
borlers. The states revenues from
this source is q very handsome one. the
total fire insurance premiums written
here alone being from 100000 to $780,
600, while the lie insurance premiums
are much more Under the law the
companies are also required 10 publish
their statements, and many Of them APP
pear In todays News.
Speaking OF insurance. It viii be
matter OF interest TO business men to
learn that the year 1899 was very
unsatisfactory one to the insurance
made TO the commissioner In New York
State show that the losses by fire were
sgl 600 900 against Sl3i 900 900 premium
receipts, a loss ratio Of 67h per cent.
The expenses OF operation were IS $40
per cent making a total expense &C.
count OF l04 per cent, which means that
the insurance business OF the country,
as whole, was conducted az a heavy
ours during hard times but Is very I'M
usual during a prosperous year like
1893. Inadequate rates In some sections.
and unusual CONGREGATIONS are set
down as the reasons. On the Pacific
coast, business was done at a profit,
the premiums being siO,2OO.O00 and
losses S,50O0O0, ratio Of a 7-l0 per
cent. The figures for Utah have not
yet been compiled but this State Will be
found in the profit column.
A drummeg. for one Of the leading
eastern houses which deals In general
merchandise throughout Utah. this
morning stated 10 a News reporter
that the country trade Of this State
was not at all in satisfactory condi-
ton. The open winter. he said had
left the country merchants with their
fall and winter goods on hand, and
spring purchases We're very light. Many
OF the merchants had asked for extern
sions on their bills. owing to the I'M
satisfactory winter trade and as they
would have TO carry their fall goods
over until next season, the prospects
for sales throughout the year were not
very favorable. The exceptions would
be OF course In favored localities like
Salt Lake county Utah county and the
wool districts, where trade was good.