The Birmingham age-herald., 1905-03-12
REPORT PREPARED ON INSURANCE C0' $ McDavid Gets Up Some Inter-
 esting Figures ]. D. BASS CASE IS ENDED Dr. Owen Is Seeking to Get Up His toricaI Matter About Women of
 the confederacy-other
 Montgomery News.
]. D. BASS CASE IS ENDED

Montgomery. March IL Especially Secretary of State D. K. McDavid, who is also Insurance Commissioner of the state, has made up some interesting figures from his preliminary report of the work of the insurance department dur Ing the year 1904. ending December Sl last
 It is shown that there are sixty-one fire insurance companies authorized to do business in the state, three of which are Alabama companies, which collected dur Ing the time g.. 409 192 from the people, and paying back to them for losses $1,SiO,S This is 54.4 per cent of the amount re- eeiyed. This covered property valued at S45,42 All.
 There are nine companies doing ma rine business in the state. These re- ceived on premiums last year $S4,SOO, and paid out for losses $40 123, or 47.6 per cent This covered a proierty valuation of S21. .4OS, ,5O9.
 Only one company was authorized to do tornado business in the state last year, collecting in premiums $127s. and paying out for losses sS2, or 2,5 per cent. The property values covered amount to $26O, ,645
 The premiums received during 1904 for fire insurance exceed those of 1903 by $2S4,000 in round figures. The amount paid for losses in 1904 were s2S6oOO more than in 19O3 The ratio of losses to premiums in 1903 was ASA per cent. In 1904, 54.4 per cent and the average ratio for the past eight years is 54,9 per cent or .5 per cent more than for last year
 The average rate charged by all the fire companies in 1904 was $1.66 per hundred while the average last year was $l,67, a difference of only I of one per cent. The average rate collected for the past eight years is $l.63. which is .5 below the 1904 figures.
 Life Insurance. There were last year thirty-six life companies doing business in the state, thirty-three of which were what is known as old line level premium companies and three stipulated premium companies The receipts for the level premium class were $3,92O 692, and they paid back for losses and claims $1, ,290, 439. The stipulated pre- mium companies received $26,S07.S1, and back for losses and claims $324.
 The increase in business of the level premium companies for 1904 over 1903 was the difference between 5O,7S3 policies for @5t i50,4tl ana Os5oo pOllcleS TOT Sllooto, 4O4 As will be seen, this is an increase of 20 per cent.
 The stipulated premium companies had outstanding on the first day of January, 1904, 475 policies for $1,101.000. This had decreased to 363 policies for $775,500. There was outstanding on January 1, 1904, s24,342 industrial policies amounting to $S,702,l09 and on January l, 1905, 2S, ,29S policies for S4,300,555, an increase of 20 per cent.
 Twenty-one companies transacted a miscellaneous business during last year in the state whose premiums and losses were as follows Accident $17S,S52 pre- miums, $S7,S03 losses, or 49.1; health, $30.- 924 premiums, $17,172 losses, or 555 per cent; liability. premiums s12O.999, losses ,920, or 62.7 per cent; fidelity and surety, s6149 premiums, $3S12 losses, or 62 per cent; plate glass, $10, AS premiums, $3233 losses, or 30.9 per cent; steam boiler. $21, ,940 pre- miums, $11,2l1 losses, or 51.3 per cent; burglary, $5S57 premiums, s1660 losses, or 31 per cent; credit, $12,9S5 premiums, $6773 l losses, or 52.2 per cent.
 Brought to Abrupt End.
 The case against J. D. Bass, former rev. enue gauger, came to an end rather abruptly in the United States court this morning when District Attorney w. s. Reese asked that the jury be instructed to bring in verdict of not guilty There is another indictment against MT. Bass. Bass was charged with failure to make