The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-30

meeting was not named and 1t may be that
| there was design in delay, and they are still
| hoping Tor an invitation.
The quarterly report of the electrical
| bureau of the National Board of Fire I'm
| derwriters, just issued summarizes the
| fires due to electricity during the past three
! months as follows: Fourteenn fires were
due to crosses of telephone, telegraph and
signal wires with high potential circuits;
6 fires were caused by crosses of low and
| high potential circuits; IL were due to de-
| fective wiring of fixtures; 10 by wires
grounded on gas pipes, of which were
at fixtures; were caused by flexible cord
wrapped around gas pipes, and by line
wires in contact with gas pipes. Qn nearly
and the escaping gas ignited) Nine were
caused by the heat from incandescent
| lamps, which were in contact with infam-
mable material; 3 due to short circuit Of
wires in molding. of which were caused
| by dampness and 1 by a nail in contact
, with the wire; by overheating of electric
smoothing irons, which were left with the
were reported; Is were attributed to light
ming and IL were in electric cars During
to have been killed and seven injured by
| contact with high potential circuits or wires
| crossed with them. Reports of $50 electrical
| ing over $4,000.
Commenting on the recent recommended
| ton of the Manufacturers Club. of this
| city, that encouragement be offered for the
entrance of more fire insurance companies
| in the State. Rough Notes. the insurance
| journal of this city says: Rough Notes is
In hearty accord with the idea of facilitat-
ing the admission of companies of other
States to Indiana that are now debarred
| by statutory requirements too exactng in
the matter of designating the classes of
securities in which at least 100000 of the
admitted assets shall be invested very
brief amendment to the present law Is all
that is required to bring it in conformity
with the laws of Illinois. Ohio and many
other States, and to secure the admission
| of a considerable number of companies now
| doing business in these States that will not
| apply for admission to Indiana. Those COM
panies VIII not change their investment in
city bonds for bonds and mortgages on real
| estate, because they may be called upon I'm
case or heavy confagration losses to have
securities known as quick assets'-assets
| that can be disposed of on the open market
| at any time. More insurance capital than
is now available in Indiana Is needed 1t
would be convenience TO home companies
and of service to the public. Rough Notes
has advocated the adoption of such an
amendment as would admit these compa-
MES during various sessions of the Indiana
Legislature, and IL the Manufacturers Club
Is sincere we suggest that Ii appoint a COM
mittee whose duty 1t shall be to secure n
change in the law. the only way more for
eign companies can be brought to operate
in Indianapolis
| The National Board of Fire Underwriters
has issued an interesting report showing
the per capita fire loss for 1902 In thirty
two leading cities as obtained from data
furnished from the fire chiefs. Naturally.
from this source. the losses may be taken
as somewhat less than was actually the
case, owing to the desire of the fire chiefs
| to make as good a showing for their re-
| spective cities as possible. indianapolis
| ranks fourteenth. with per capita loss of
sl75. The exhibit is as follows: