The Dickinson press., 1904-02-20
BALTIMORE FIRE figures.
What the Fire Tried Old Line Companies
Are Doinu.

Are Doing.
The Baltimore confagration, which ate
the heart out of the business district
is one OF those disasters which at one
time or another come to most large
cities. But that city. staggered at first
by the blow. has bravely arisen to meet
and overcome all obstacles and the new
Baltimore it is certain will far surpass
the old. One thing is certain, that the
new business blocks will be fre-prooi
in more than name if such be possible.
We give below a summary of great
American fires:
New York. Dec. Is. l835....s 100000
Chicago, Oct. 8, l87I........ zoo ,ooo,ooo
Boston, Mass, Nov. Q 1872. 8o,ooo,ooo
Quebec, Que. June 8, 1884,. 2~,ooo,ooo
Milwaukee. Wis, Oct. ?, 1892 4,ooo, 900
Ottawa and Hull, Canada,
April 26, 1900. 100000
noooken. NJ, june 80, 1000 100000
Jacksonville, Fla, Mays, 1901 lo,ooo,ooo
Paterson, N. J., Feb. s., 1902. 18, 900 900
St. Johns, N. F., July 9, 1892 2o,ooo,ooo
Baltimore, Md, Feb. 7 and
3, I%2s,ooo,COo
The lire insurance companies will be
called upon to pay losses to the amount
OF sSo,ooo,ooo and the property owners
who took the p%recaution to place their
risks with reliable old line companies
have the satisfaction of knowing that
they are going to get the face value of
their policies. Local companies, with
one or two exceptions, will pay but
little, and are put out of business. The
Peabody, it is thought, will be able to
pay as per cent, while the mutuals are
so badly showed under that they have
not been heard from.
The Press Fire Insurance Agency has
every reason to be proud of its compa-
mics which are listed among the strong.
est in the world-all fire tried.
The following items regarding the E
Press Fire lns. Agency companies will
prove interesting:
RoyaI-The strongest company in the
world-pays its 100000 loss by draft
on the home office in England, without
discount, and therefore does not reduce
its funds in the United States. Its net
surplus far exceeds any loss it can sus-
tain in any n or a half dozen large
cities. The Royal was also on hand
with a $4,000 donation for Baltimore
sufferers.
Aetna-strongest American company.
with assets of s~I5,ooo,ooo and a net sur.
plus OF over S6,ooo,ooo-had a Baltimore
loss Of 100000 which is being promptly
met the same as it would have been had
it been ten times as large. The Aetna
paid s3,S52,ooo in the Chicago fire,
sI,635,ooo in the Boston fire, and has,
paid so6.ooo,ooo in losses in the past 81
years.
Underwriters of N. with assets of
sI4,5+2.o5l-has about a 100000 loss
and is paying as fast as claims are ad-
justed. The company has a notable
record OF 40 years of honorable dealing
with the insuring public.
The Phenix sustained a loss OF 100000
which is about 4 per cent of the compa.
ny's annual income. The company is
paying promptly as it has done in all
the great CONGREGATIONS of our country.
British American: Losses some over
100000 which is less than half its net
surplus in the United States. Losses
are being paid by draft on the home
Office in Canada so az not to lessen the
funds in this country.
Norwich Union: Losses amount to
100000 and are being paid with funds
from the head Office in England. The
company has paid s85,ooo,ooo in losses
since its organization, and has an annual
income of s5.5oo.ooo and cannot be un-
favorably affected by a loss Of this size.
A fire policy in the Press Agency
means security without fear; indemnity
beyond question; immediate cash pay
ment.