OCR Interpretation


Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, February 16, 1902, Image 14

Image and text provided by Library of Virginia; Richmond, VA

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn85038614/1902-02-16/ed-1/seq-14/

What is OCR?


Thumbnail for 14

of the
JEatesLlfdfelties for 1902
Spring Season,
including alt the newest shades and colorings,
such as Vieux P*Qse< Mode, Reseda Qreen,
Maxine 3^ and Violet, in fashion s acknow
ledged weaves, which comprise all the stand
ard makes and fancies, such as J'atin Jaf
fetas, Xouis'me. flfervellieux, Ottoman, Plaids,
j'tripes, and Checks. ;
Jhe assortment of standard Satin und
CJros Qrain, and Jaffeta Ribbons is complete,
both in the range of widths and the full selec
tion of colors.
Velvet Ribbons', we' have ah extensive
supply in both linen and satin back, in all
widths, and a number of qualities suitable for
dress trimmings, neck wean millinery trim
mings, and sash widths; extremely moderate
prices.
Come, view our Ribbon display all this
week, *$t will satisfy you.
fourth and J^road Streets.
Everybody is talking about the
bargains bought at
/ -
LAST WEEK.
. Our stores were crowded with customers, and we have
decided to continue our sale of odds and ends another week,
and we advise you to come early and make your selection. All
■ odd lots of China and Glassware, embracing many rich pat- V
terns of French China and Cut Glass, to be closed out regardless
of cost v . ._ . ._, ' x
*" 7 " j
ion East Main Street,
9 East Broad Street.
■■■-•■ ... ■ fe 2-Sn.TuAFri
rcEusHKn liYAUTnoitrrr or toe auditor of tcblic accounts for the state of Virginia. .
XT^W YORK PLATJ?-GL/iSS IKSUBANOE COMPANY OF NEWYOEK.^
%~"-i : ' I ' ■ ■" l 1 1 ' '
I ANNUAL STATEMENT FOR THE YEAR ENDING DECEMBER 31, 1901, OF
J ",.". THE CONDITION OF THE NEW YORK PLATE - GLASS ~. INSURANCE
COMPANY, ORGANIZED UNDICR THE LAWS OF THE STATE OF NEW
YORK, MADE TO THE AUDITOR OF PUBLIC ACCOUNTS OF THE COM
; - ■■•- ON WEALTH OF VIRGINIA, 7 PURSUANT TO THE LAWS OF VIRGINIA
' ; PresKlent— MAX DOUZIGER. Incorporated— MAßCH, IS9I.
"" fiecrtuai-y— MAJOR A WHITE. »•' Commencod Business— MAßCH, IS9I
Principal Olfice-24 PINE STREET, NEW YORK.
CAPITAL.
.- Amount of capital paid up in cash .. — $100,000 00 ;
■1 , s> Amount of. net ledger, assets December 31st, of previous year 532G,570 7G
INCOME DURING THE YEAR. .".
$■: I : . . , Plate Glass.
■■r'ii v Gross premiums unpaid December 31st, last year ...:..§ -!5,?93 46 • ;
: --Gross premiums on- risks written and renewed during ihe year.. 332,317 1G
';A ;-.?.Total ..'....... — . .$351 310 62
?•..-: •'-Deduct gross premiums in course of collection at this date 50 112 35
0' ■■-■■■>.: .■-.-.■■.• „-.■ : •-;■• ■;. - v. •' .-—. -— i= =
i'g-j - •;•'. Entire premiums collected durins the year 5331,200 27
.if ■: . Deduct reinsurance, abatement, rebate, and return premiums.... G0, 725 20
Xet cash/ actually received for premiums-"--..... 5270,475 07
'.■'-&\ ■. Interest and dividends on stocks and bonds ; H.5C6 60
J Profit on ledger assets actually sold during tbe year, over cost 2,175 03
ML t INCOME" ACTUALLY RECEIVED DURING THE YEAR i
IN CASH ..." 'J284.210 67
|- £ " 1 Aggregate last balance and income ......,„• .SCII.IS7 43 i
\ DISBURSEMENTS DURING THE YEAR. ~~""
A.-,.: ..„,,,»■:•, -;-,.. - v- ,: • ■ »•, Plate Glasa.
Gross amount paid for matured c1aim5. .......... ?111,039 42
.': - ; . ,;Deduct reinsurances and salvages, including recoveries on ac- . :
■~ count of losses previously: paid ........•• 6.543 43
Net paid policy-holders ..$104,1P5 99
. To stockholders for interest or dividends ?10.000 00
Commissions to agents . • 5G.345 57
Salaries, travelling and all expenses of agents and agencies, not
on commission account , G. 739 S9
Salaries arid all other compensation of officers. $10,910; and r
honie-offico employees, '517,335.G7.vi - 2S.2GS C 7
Taxes on. premiums. 53.700-94; Insurance Department foes and
. ' agents' licenses, ?4,G34.79; municipal licenses, J753.24; revenue
" • tax, 5951.55 .-' 10,100 52
;; Rent. 3,;:G9 02
• / - Legal expenses , , •• 32144
; furniture and fixtures ...". SGI 25
.; Advertising, J147.20: and general printing and stationery. 52,<>05.59 2.15G 09 :
All other items— viz.:- Postage, suspense, and general expense... 9,474 09
Total miscellaneous expenses ..157.137 44
■. TOTAL DISBURSEMENTS ............. ...5261*333 41
, ........... ••••••; ........... ................$349,854 03
•,L. - - ' -, ASSETS. ~~
■,■, .■•■■• ■.' Jjaann on mortgage on real estate ............$ 2.00-1 01
;. Market value of bonds and stocks "owned absolutely 3SG Kri 00
* Cash in company's ofilce 3.55540
Cash deposited In banks ■ 17,972 SO
other : Hems— viz. : Interest on mortgage F9 53
.•t-!i -.'Net premiums not over three months due..-. ." S3,IGG 3S
- ; Aggrcstito amount ct all assets of the company stated at their actual
valuo ........... - $443,G19 14
.v. - .- LIABILITIES. ™
In Process
; , ; - V" •>- i ' : ,'■ : '.;-'.■'■ . , . o* Adjustment. .
Plato glass .... §3,231 Si
Aggregate of impaid claims and expenses... :$ 2,231 SI
Gross ipremiums upon all unPxpired risks.
9 running 1 one y< 3 ar or' less from "date of
r policy: Plate glass. $267,934.55; uneurned
/.."portloni (50^>or cent) ...... . . .. $133,597 27 / -
t.^'^Total'One year orloss ..-.•......'.•. -. 5123,997 27-
Gross premiums upon all.uncxpired risks.
; running more than one year from date
of policy: PJale Rlass, $5,795.39; unearned
(pto rala) ........................ 5 4,783 93
Total for term policies ■ ? 4.753 93
Total : unearned "premiums, ns computed above (carried out) ...... 3335.751 20
. Caslr'divldoncis.to stockholders, declared but not yet due ........;.. ..,5,003 00
?;■ Due. and accrued for salaries, rent; advertising, agency, and other ex
•'.;■, , penses;;-- •-. :.:...: 517 33
§||P|ißeli;nj premJums 3,C7l 55
of All v lisabilltlcs, Ksccpt Capital ....$119,204 92
< Capital? HctuaJly -paid' up : Jn cash .............; ......... t ,.; ;',... pco.ooo <W
* SurpJuslboyomUcapital and otjier liabilities 194,414 22
=f^|£^'i,;.'' '* ■: ;.i : l':- i; fi V ; :.■■■•"■':. '' :■ —294,41422.
s. ■»* AGGRDGATIS 7? AMOUNT -OF ALL LIABILITIES, INCLUDING
'.>,;;„-, I'AID'UBi<3APITAL AND. NET SURPLUS .....:;...... ...... .......$443,619 14
BUSI?JJ2SSiiXNSTHE!jBTATIS OF VIRGINIA DURING THE" YEAR- 1901. •
, ? - -.*£ PJate'Glas.si— RiskSiTvrittcn.' sßs,l3o.32; premiums received. J2.233.3G: losses paid
; sflneurr«dn?9H; ■ amount at risk; at end of year. 555.130.32. . :
,x . „-,. (Signed):--.' 7 ?-.'- 1*;-''•-:•':-■•■:■.■1 * ; - ''•-:•' :-■•■:■.■ MAX DOUZIGER. President.'
■;>. -'(S'sued) : ;' ■ . . ■ ; MAJOR A: WHITE, Secretary.
"■.' "\ State 1 of -New,York,:City. vt New, York— pa.: Subscribed and sworn to January 25 •
SS^si^i'ir 902 .' boforo--.": ;'■.: , ; JOSEPH E. STECKLEr; Notary. Public '
i iIHOMAS L. ALFRIEND & SON, Agents, .
M&&. No. ,203 East Main Street. .
.'JtHJj Xt.-A\-/J-l.A.fXv/x - ,„,.,, . - ' • • „,.".'. -— lllii- '-> — .- — - — '■■'.-■'■ — ..■-- ~~
Wt .NEGRO IN Mffll.
FTGURTSS FROM Tlffi CESSTJS lIE-
T^RXS HiSl-ATING TO; CITIES,
WHERE THIS fCLASS^OF LABOR; GOES
Irfirgre Gftfns in ilie*Kegvo[PoiHiln
tion ol Certain Cities of-liorcler
States anil in the North, arid Small
Increase in ihc Mass ot Sonthern
Citlesr-Inforniatlon ; Tliat .May .-.Ex
plain "The Fariu/llancl P*ol)lem.">
(New York Sun .) .
The census of 1900 : did' not displace
Washington : from the top place of jail
the cities of the Union in point of negro,
population. Only' a fraction less . than
one third of i ts total population is; negro.
It contains upward of 26,000 morerne-.
groes than New York/with its 3,500,000 of;
various nationalities- and hues. ; ; •
But the census shows that if the Quaker
•City keeps up its present raito of gain
it will lead the capital in negro popula- ;
tion before very long. Philadelphia's
increase, in the last decade was more
than twice that of Washington. In IS9O
the Washington rate of increase was
ahead of all other cities. _ .
. Even Memphis will overtake Washing
tori in thirty years at" its present rate
of speed. Chicago, up near the- frozen,
zone, gained 4,749 more .blacks in the
last ten years than Washington.
The census volume relating to popula
tion, just issued, furnishes some interest
ing , studies concerning the, urban distri
bution of blacks not covered by the bul
letins. : . ■
It is notable that with the exception of
Norfolk and N'ev;port News, the larger
towns of Virginia generally show de
creases of negro. population. Lynchburg
lost 1.54S of its negro population; Peters
burg. 1,470; Alexandria, : SSO, and Rich
mond, 100. The superior advantages of
Washington, Baltimore, and Norfolk
have attracted the blacks from thvj near
by interior towns. Wilmington, N. C,
shows a decrease of Sl7; Kaleigh also
shows a decrease. .
The following exhibit shows the cities
which made the largest gains in blacks
between IS9O and 190*), and also the aggre
gate increase in population of the same
points. The tabulation includes. all the
principal cities of the "Union, arid a num
ljcer of minor places also, to show the ten
dency in different regions:
Negro Aggregate
City. Increase. Increase.
Philadelphia .........23,2-12 21G.733
Memphis ... .. .21,201 37.525
Chicago ................. 15.579 #598,725
New Orleans 13,223 45,065
New York proper .. 12,645 . 534.752
Baltimore 12,15-1 71,518
Washington 11,130 -15,326
Louisville ..10.45S 43,002
Atlanta .... .. ...... 9,e27 24,339
! Pittsburgh "...9,100 82.999
St. Louis ........... ...... S.CSI 123.45S
Brooklyn S.OSO 3G0.23!)
Indianapolis ...0,798 65,728
Jacksonville, Fla... 0,-Joo 11.22S
Birmingham 5,321 .32,237
Savannah 5,127 . 11,055
Little Rock ...;.. 4,S5 r . • 12.«3
Atlantic City ...., ..4,400 14,783
Newport News .......... 4,252 15,15j
Montgomery 4,212 5,4<33
Houston .....: 4,238 H,044
Norfolk 3.PSS 11.753
Kansas City, M 0.... ...... 3,807 31,0."G
Boston ...... 3.4 CC 112.415
Mobile 3,415 :7,3!r.J :
Cleveland. 2,999 '204,415 !
Cincinnati 2.527 25,594«
St. Joseph ...... 2.574 . . 59.G55
Newark 2,553 04,240
Wilmington, Del... ...... 2,092 , . 15.077
The gains are not. marked in the great
mass of southern cities and towns, even
in the so-called- negro belts. -The in
creases in Baton Rouge, Charleston,
Chattanooga, Columbia, Dalla.s, Nashville,
Shreveport, Vicksburg, etc., have been
very small.
On the contrary,- -0,-jcided aggregate
gains are uniformly shown in the North
ern and border Stale cities. The figures
showing the increase in some of them
are amazing.
The black man is pointing northward,,
as he becomes more and more hardened
to the Arctic blasts. The considerable
increases in Washington, Baltimore,
Louisville, and St. Louis, all in the midst
of former slave territory and large rural
negro populations is easily understood,
but the enormous gains made by suoh
northern cities as Philadelphia, Chicago,.
Pittsbu/g, Indianapolis, and Atlantic' City
require explanation.
Some special cause aside from the mere
momentum accruing from size and rela
tive .natural growth must have been ope
rating to suttle more blacks in the last
ten years in Philadelphia than in Greater
New York, the larger, city of the two,
and showing more than double the aggre
gate gain in population; The gain intho
watering place, Atlantic City, is some
thing extraordinary.
But the black man in his peregrinations
is fast finding out. In Lowell, Mass.,
having 77.6W people, there are only 274
negroes; whereas, in Lynn,' near by, there
are 715 blacks among 25,000 fewer people.
Cost of Senatorial I<'um;r:ils.
(Wasliington Post.)
Officials of the Senate. are congratulat
ing themselvt>s upon the modest aggregate
of the expenses of the late Senator Sew-.
tll's funeral. The whole amount will
not be over $1,200.
The most expensive senatorial funeral
ever known cost the government over
J21.C00. This was when the body of; Sena
tor Hearst was conveyed to California.
The, average cost of a senatorial. funeral
is about ?4,C00, and, up to the present time,
considerably over $100,000 have been ex
pended in paying the last, tribute to .dead
Senators. The custom of paying for sena
torial funerals began away back in IS_'3,
but. at that time, according to the re
cords of the Senate, three senators \\\?re
buried for the small sum of $577. Not un
til Henry Clay died in 1552 <3id tile' ex
penses begin to approximate the ligures
of the present day, for Clay's funeral cost
the government over $5,000. It cost fi.COO
to 'bury the body of Charles' Sumner.
From time to time, there have been
protests in the Senate against the extra
vagances of senatorial funerals. Senator
■Peffer led a crusade in favor of the total
abolition of all pomp and display when
he was in the Senate, but his effort was
not successful,^although,, by presenting 1 an
analysis of the bills' which had been ren
dered at various, times, ha was" able to
show that the funerals were, little less
than junketing expeditions. ' ]
;-.Fcea ti'.v llirils.
(Valley Virginian.) y
During the pivsent spell or sleety hard,
hard weather, . the : birds of "all kinds,
rabbitsjand ; all sorts of small game, are
in danger of starving and dying- by the
thousands, as they did a' few winters
ago, because the gromid was ; coveivd
with a hard crust of ice and 'the^ herbs,
bushes, an-?' trees were "coated with sleet,
so that th"ey could not get at: their usual
feed supply. V - ( . '
Wo would urge our big-hearted farmers
who have a plenty.; and. to spare locked
lip in their graneriea"to scatter in -the
fields, a few seeds,; screenings, ."or /what
ever -may come; handy, 7 and "v thus", help
to ■ tide;; o\*eri : the little • denizens of field,
and forest- who are Gods- creatures, and
should be succored. .We know of several
farmers "near.LWaynesboro' who ha.v'e.be*eh
taking care, of the. birds oofh f their places,
aiid wo believe that , many .. mor e ; >.\vill Ido
so wlieri' th'elr attention is called; toV the
urgent necessity of ? it. : : It; is not^solely
on account :of sportsmen. 1 ; interest
in ' this ; matter, i but for the ; value of these
littleV lnsvct-destrfoyers- ;to=. the '^farmers
theinsolves. . .. - ' . . ■ '
30l;1East Broad Sfreel, Corner Third;
THIRD WEEK oS CLEAN=S WEEP SALE.
. This week we propose to cut the prices still deeper, which will give , you good
Shoes at' about 25c; on the doliar^mosdy. broken sizes, but several hundred pairs
to ' select fromi ■ '■■■.■■» ' '' ■«,*■■ . ..
Ladies'; Tan Shoes, cloth- top,
aU soUd; sizes, 3, 3 H^l.Wt^ft/il
and ; 5, E 1a5t . .;. ; ;V . . . ... .;.^T^Yi
Children's Tan and Black, also > Q r
several pair of Youths' Tan Shoes'***'^
Men's/Tan . Shoes, all styles, mostly
narrow lasts, all sizes ;; regular.price,
$5, now.;. ............ . V" •*'•'
Lad ' s Shoes, Tan and Biack,
©a^G. mostly small sizes; §1.50 grade.
wW- Youth's: and Boy's Shoes ;
'$£?Go $1.25 and $1.50 grade.,
/* p _ Misses' and Ladies', Youths'
£?O G. and Boys' ;§i.so and §2 grade.
rt> «ft Ladies' Genuine Hand-Sewed
Q)/«Qi?. Shoes ; 53.50 and $4 grade.
'. We have made a reduction on every pair
given shelf rooni.nntil another season. ' No f
sale. ' Come early and expect to find just what
INSURANCE STATEMENTS.
rjMLE HOME INSUKASOE, OOMPANTjOF. NEW YORK.
A NNTTA L : ST A.TEMENT FOR THE YEAR ENDING . DECEMBER 31, ISOI, OF
THE CONDITION AND AFFAIRS OF" THE HOME INSURANCE COMPANY
OF NEW YORK ORGANIZED UNDER THE LAWS OF THE STATE OF
Nfi'V YORK^I' DH TO THE .'AIJDiTOR -OF PUBLIC ACCOUNTS OF THB
CO^IO^WBAL/l'aOWVmGimA. IN- PURSUANCE TO THE LAWS hW
, VIRGINIA:: . . . . ■
" President— JOHN H. WASHBURN. . • t a• .- - TT _-__ '
Secretaries-ARENNAH M.. BURTI3 and CHENEY.
Principal Ofilce— ll9 BROADWAY.. NEW YORK CITi .
Organized or incorporated— APßlL. 1553. '-
. Commenced Business— APßlL 13. 1553.
' ' ■ CAPITAL. , :
Amount of capital stock subscribed .- 5 o'^n'^n oa
Amount of capital' stock paid up in cash ............ ..o,WO,OuU.w
■'"■ ' ""' ASSETS." .. .
Value of x-eal estate owned by the' company ........$ 1,633,892 OS
Loans on mortgage (duly, recorded and being the first liens on the fee . '
simple) upon which, not more than one year's interest is dve — 123,(00 00
Interest due on all said mortgage loans, ?305; interest accrued there
: on, -$2,282 ..... ............ .........;.... 2,a57 00
Value of lands. mortgaged, exclusive of buildings and perish--^
able 'improvements ........... ....... $103,950 00
Value of "buildings mortgaged • 114,900 00
Total value of said mortgaged' premises $313,850 .00;
BONDS AND. STOCKS OWNED ABSOLUTELY BY THE COMPANY.
• •-" ...... p ar y a i ve _ Market Value.
District of Columbia 3-65 percent, bonds, : . : : '
54 PCr C ?^...y?^?^ '600.000 - 522.000
New York city registered bonds ........... .. 1.000.0 W. h(f ß'^
City of Richmond, Va., 5 per cent. bonds. oo,Ojo . 05,0C0
Sta»ie,of Georgia. .3»£ per cent, registered - ■ .
bands ....'...,'■ '...'.'.. /.'.''. .'.'".'..'..'•...'•'•'■ •• . 20,000 . . 26,000
Northern Pacific :Greaf'Northern ; "4'per ' ---■•'■ _ ■
cent, joint bonds; registered ■:::. .::/;;-.. 600,000 . . 0. 0,000
New York, Chicago and St. Louis Rail
road Company "■ -first mortgage 4 per . ., natn
cent, bonds .-....,.- ...-.T.. ..;:... 112,000 119,840
Ohio and West Virginia Railway Com- . i,,.*™
pany first niorlgagp-7 per cent, bonds.. 100,000 116.0.")
Cleveland. CoSumbus,- Cincinnati and "In-. . •
dianupolis, . railroad "first"" consolidated
mortage. bonds ........... .:;."...^......\ .100,000. -. 3H0.000
Louisville, New Albany and Chicago rail- . . „-n nn
way iirst mortgage G per cent, bonds.i.. 100,000 110.000
West Shore rstilwiiy. first mortgage guar- . , ■ ■'„_
: anteed 4 pei-oent. bonds.- registered.... 300,000 . lii.uw
Jeffersonville. -Madison and Indianapolis
Railroad' Company first' mortgago 7 per
• cent. (S. F.) .bonds ;•..-■ 53,000 .. "65,300
Virginia Midland Railway Company gen
eral mortgage 5 per cent, bonds, gtd. ;
■stamped .•..■.........:..... :...:..... OO.tKSO 56.pt.-j
Cleveland Terminal 'and Valley'Rallroad -- - •
Company' 4 'per cent, bnnd5 "".".".■. .".:::..■.. ' 50,000 47,uOCi
Louisville] :ller.derson and St. Louis Rail- .
way Company first mortgage 5 per cent.
bonds [25,000 2b.0G«5
Union Pacific railroad cohvertibla 4 "per ' *' • „ ■
cent, bonds .20.0*X> 21,200 .'
Standard' Gas" Light Company first mort- - . .- :
gage v pc-r cent:, bonds :::":.. l\?S.;:.:i"i.^- „ 50,000;. 57,500
Dcs • Moines Water- Works Company -first -
consolidated mortgage 4 per. cent, bonds W.OW 43.000 .
Denver Union Water Company first mort
gage s pprp r cent: bonds ..,,.. -IS.COO 45.120.
Pennsylvania railroad stock ...,:. 750.059 1,102,500; :
Morris and Essex Railroad Company ■
. guaranteed, stock '..-' :250,00: 250,000 ;\; 473,030
Baltiinoro and Ohio Railroad Company • , . ...
I: preferred stock ............ • '300,000 , 279,0t»
Southern Railway Company preferred
stock ..,....:....- ' 300.C00 ; -270.00i>
Louisville and Nashville Railway Com
pany stock. SOO.OOO 309,000 •
United. New Jersey Railroad ; and Canal. "■'..:',. _' - •
Conjpahv guaranteed stock :: — "■'265,000, . 7-S,ioo
Pittsburgh Fort Wayne amfChieago Rail
. wtiy Company ....*.........'... ■ 250,000 475.000
Chicago. .Milwaukee and St. Paul Rail- _
way Comnany preferred, (stock-"; . .... 250,000 402,500
Chicago, Milwaukee and St. Paul Rail- .
way Company common stock ...;.... ..- 200,000 ?>20,000 "
Northern Pacific, mil way; preferred stock . 200,000 ' ; -Jf^M.
Baltimore and Ohio railroad common
; stock ......:..... 200,000 205.000 -,
Cleveland and Pittsburg Railroad ' Corn,
pany .guaranloed stock".". -.100,000- ir»O,CKHi
Chicigo, St. Paul. Minnesota ami Omaha
Railway Company preferred 5t0ck...... 100,000 . . 190.000
Fort Wayne oiid Jackson Railroad Corn
pa ny gua ranteod stock .................. 10>'),0W 140.000
Renssclacr ami -.Saratoga railroad guar- .
antr.-icl stock - 100.000 200,000
Connecticut River Railroad Company >
guaranteed stock !■ 100.0W 2«)//^
Chicago and Northwestern Railway Com
pany preferred, stock ;....-..... 100.000 . 225,000
Northern Railroad of New Jersey guar- --
an teed ' 5t0ck ' ; . ............. 1 100,000 .•' . 95.000 '
VaHty Railroad Company guavnntGed .
stock .......r. ...... ••••• lOO.OUO 120,000
New. York, New,. HaVen aiid Hertford „ ,
Railroad Company stock ................ 100,000- 21Q.CQ0
Atchison, Tiipeka a;id Sahle FeVrailway
preferred stock ............ ............... ICO.OiX* ■-. .' 100,000
Ur.lon Pacific 'railroad preferrod stock... '100, (WO S5.dX»
CoßSDlirlated : ,Gas Company of New York ; nO.OO'J : ' . 107.5C0-
American Kxchange Ntitional Bank. x of. :•
New York .0.000. 52,000
Mercantile ' Kalidrtiilj .-Bunk, of New YOrk , .. -.20,000 ■ ol' t m
Naiionai Earik of Commerce, in New York i!0,e00 ' TO.COfv
Fourth Nationtil Bank. -of .New York — 2C.OCOJ W.fOrt ■
Manhattan Company, New York .- 10.000 :jO.OOO ,
Merchants" Exchange National Gank, of .
New York - •• '. 10,000 . 13.00>
Nassau Bank .; 10.000 . 18,000
Chatham National Bank, of New York.. . 5,C«' JG.OOO
Bank of America; New York .......... ' 10,000 , ■■. , 50.C0Q
Franklin Trust Company, Brooklyn.. — :' .•• i'O.WK"! C»O.OOC>
Metropolitan Trust Company ......... — '/• ■'■; 5,000 2:;,7.>')
Long Island' Loan and Trust Company.. 15,000; S>,ooo
Total '. ...:.......■.:..' „?i>.713 000 " 511,924,5U0
Total par and market value (carried out at market value) ; "11,924.960 00;
Cash belonging to the company in bank. ..:;... . ...$ 713,517 0L
Interest due and acciued. on bomis not included in market va1ue...... 51,070 01
Grcss premiums (as .written .in the poHoies) in course of collection, not .
more than three'months due.;-..'..'.'..'..-. ............:. ....^. ...... — ..... -770.F0j 37
Bills receivable, not matured, "taken for fire, marine, and inland risks.. . IS2 2.V
Amount of premiums unpaid on policies which have; been. -:1s- .
sued more' :than : three months (in5ide).,........... ....:.. ....... §I-},BSI 'J.T -.
: '-"Aggregate '•'amb'unt of- all assets of the company, stated -at. their ■
HClual valut ....... i.v ..•■•■ — •••••••• ;.... ••• — ..-' — 15,255,839 73
.;-• '._ -:'' , '•-.: •■:-■ .'- -■ .LT ABILITIES. -. : : ' , -' - ~
Grcss claims for adjusted and unpaid losses' due and to be
come due ...'.....'.;■.......-'•••••■•'--••■■•••••• • •••••-•- ■•• $■ 179,537- CO '
Gross losses in process of adjustment, or. ; in- suspense,'- in- - '
. eluding all reported : un'djt?upposed losses'.-... — :.........■... 1,170,119 C 5
Lo.sses resisted;- includins : interest, costs and other expenses •
- Uiereon. „.'.....:....................-..*... — •-• ..^..'..... .'..... -. G8.157 >":. .. >.'■■ '.
Total gross amount of : claims 'for losses :... : 1......"... $1,415,173 70 •'-;'
; Deduct. reinsurance, thereon- .■.....;'..."...-.■ ............ .-......., 6-10,533 02
Net-amount- of "wnpaid 1005ed....'... .....;..;..-..... -«... .'..<..:...$ 771,«ii0 68
Gross '-premiums received and; receivable upon, .-all-- unexpired" ...
-fire risks running, one yeat-;6r less froin; date .of policy, lii- . .
' eluding interest,-;premiunis/on. perpetual fire ri5k5, ; 53,616,723;. ■• ■-:.. ;'■'■■■
:',. unearned premiums'(so per. cent;) *v.';i'- ••'«•• ...;...:'. ..::.:..;.51,505,362 CO
Gross "' premiums' received and : receivable.'.. upon all unexpired ;. . :
lire risks" ' running- more.ihari'^^ one; ; year.from date, of policy, ■
,ss,779,9&i;' unearned premiums (pro raUi)......:. ............... 3,016,762 00 , ::
Gross premiums •(including-bothc'.'ish^and.bills): received and
-'receivable on all- unexyired inland navigation 'risks,' $202,932; ■ , ,"; .
-unearned premiums (50 per- cent.)^.......... ...".i.....: ..„....■..; -131,406 00 ■ .
■ Gross 'premiums' "(cash and r bllls) received., and ~:reeelvable on . ■ .
;.v all unexpiredr marine risks.;.-.:.'-.r. 1 .':.. .."..'..' .•......;...• .....".;...•:. 101,057 00
Total • unearned -.premiums :^as. computed 1 above -:■ ....:. ..'.....:'■:.. :'. .'. . . . . ; . . , 5,030 677 00
All, other demands^ against, tbe; : company; absolute and contin- '• ;
v-gent/.due and; toibecome. due, admitted and +eontested— viz.:
; : jCbnvmissions,' '.^brokerage,-; -and t other ? charges^ due; and- to >be-' ; ■ - -
■;.come due to;agents>and-,brokers, on- premiums -paid and in" ' . , '. ,
/course of {collection;^^s6l,676.7B; ■. ;^53,633.39.'.".-.Y.'v". v :;.V.".'i : ;.':vi';-.-i ;.-.' 517,209 17:
.- ; ; ; Total-amountfof ' aii^-liabilitUs^'except capital stock, and net .surplus/ $6,349,620 S5
Jointrstocks capital -actually paid ..up. in cash -:;.....'... -■■.V.".'".'.'-:.- ;^:"v:V.--.: : .-.v:V-'3COO 000 : 0O
•Surplus beyond'^:^capital?and;airsdther,sliabllities-;..V;. : ■..;."..•.;■. ...>:.;:..:.' 5,506,342^ S3
s .\ Aggregate 'amounti of , all liabilities, , including ipald-up^capltalk stock, ■;%:;::. Cc.-: ?
■ • .and ' netjsurclus^^'.^.r^.^iw-.'.v.v lv.'i ••.';■. .';..t.- v.i.T^.vi',..'., ....i " 'IS 255 569 73
#/>j^ Ladies' Patent Leather^ Shoes;
v "/small'sizes. :
•W->o Men's Enamel Shoes; $3.50,
$5 grade.'; i: . :^- : %
-0 Men's : Hand- Welt Shoesi
$&Srp Boxcalf ;^3.so grade:, 7
rty «% Ladies' Button and Lace, Heel
pS.W and .Spring. Heel; $1.50 *o
- ; : : ':-..= '■:: ) $2.50 grade.
a , -vo Ladies' Sample Shoes, new
0/.o?O g00d5 1.J2.50; f3-59
v * •' goods. --:■-. _ ..-'.'
"0 9 '■" 9h Ladies' -Patent Vici Kid
o.'» •» if .Shoes, up -to - date ; §3.5°
grade. .•
i* o_ Men's i Sample Shoes, 61-2, 7,
«7O G. 7 x-2 , and 8, narrow ; §3 and
$3.50 grades.
,»- Children's S, 8 1-2,
/^G«*-and'9; 35c: and 40c. grade.
of .-winter-weight shoes, and not a pair will be
•oods charged or sent on approval durln« : tUis
is advertised, and you won't oe disappointed.
' ' ' RECEIPTS DURING THE YEAH.
Fire. .-.Marino ami Inland-
Gross premiums :and bills: unpaid at^ 039 jr^ : \.^^^ : '^:.' ryr ..' '
Net collected : - 3 520,227 00 % 95,218 0t
iGross;premlums-on-:risks-written;ar.d.re- -.- n- r.n *ir t<\ •
'incwed during --the: year.;.....- ............ 8w.4,&D.0. r 561,^16 6a
Total ' $9,044,276 07 -j. ' " $5&,4&1 73
J gross'*-*preiniuins^and : bills :in; - „ r m " i-i<j— re
course of ; collection: at jtbis date........ ■■• 64»,15g 10 ___z!lL_
■':i^^sgv^;^f-: v " -.'::■'':-■ : .W. 551.157 51- - $230,563.65
Net cash actually received ..for; premiums (carried out) ........... 50,752,fc"
Received .'for Interest on- mortßag-e5:.....:.... ......:........... .—••. „ 5,%
Received for interest" and dividends on stocks ana bonus, collateral
-loans -and from ail other, 50urce5:.............:..... .......... 4i~,C5
income receivedfrom all other sources— viz.: Rent 3 .............. — ;/.; 13T.1.V
: profit ; and -=1055 ;;........;;........-..-•-•...-•-•••..... -••••;•••;•* vJ • 57.15
■ 'Aggregate amount of receipts actually received during- the year in
cash „;..............••••.•. :...- .'. ................ |«,4T2,ss
.. DISBURSEMENTS. DURING THE YEAR.
, ; . ; . : Fire. Marina and Inland.
- Gross -; amount ■'actually,, paid for lossas ..
fincliidinsr S6-10.275.39: losses occurring in .
'previous "years) '. S-J.378.09S SO , $250,519 81
Deduct all amounts actually received for
salvage (whether on losses of the last .
or of previous years), $30,120.45; and all
amounts actually- received for rein
surance in other companies, 51,550,125.45. __ - ■■
Total deduction ..:;........ i,40u,u20 !•> 174,72375
.. . - . 32.972.57S 64 . $106,09-i C 5
Net amount paid during the year for losses ..... $j,075.57
Cash dividends actually . paid stockholders during -tlio year 3joVo
Paid for commission or br0kerage.......... — — i 1,037^6
Paid for salaries, fees, or other charges of officers, clerks, agents, and
all other employees.... ....' — 403,75
Paid for State and local taxes in this and other States ISS,^
All other payments and expenditures.... 479',3t
Profit and loss account -. §3,21
'Aggregate amount of actual disbursements '. during the year In
;■ cash ............ •-.. .................... *0,6&3,2?
BUSINESS IN THE STATE OF VIRGINIA DURING THE YEAR.
/ -' , ' 1 - Fire.
Risks- -written ;. $11,021 29
Premiums received (gross)..... -..-. 121.5^
Losses. paid 223,21
Losses Incurred 235,6S
(Signed) JOHN H. "WASHBURN". Presided
(Signed) . W. H. CHENEY. Secretary.
State of New York, City of New York: ss: Sworn to January 29, 19*32, before
JOHN H. HAYS, Notary" Publl
CHARLES S. CRENSiiAW,
T. L. ALFRIEND & SON,
T. Q. PEYTON & SON,
- V -AGENTS.
fe 9-Sun4t
J™—wni l mr, t ,«r l >wi l iiiiii l> ■ i.i« muum ■ »«■— — ngq
INSURANCE STATEMENTS..
[PUBLISHED BT ACTHORITT OF THE ACDITOE OT PUSUC ACCOUNTS OF THE STATE OF TIRGDiIi.
TTNITED STATES OAS"UALT"X""COIVEPAN'I\ ' — — — —
ANNUAL STATEMENT FOR TELE YEAR ENDING DECEJIBER 31 torn ~t?
THE CONDITION OF THE UNITED STATES CASUALTY COMPANY m?
.GANIZED UNDER THE LAWS OF THE STATE OF NEW YOPTC \'r x>^
TO THE AUDITOR OF PUBLIC ACCOUNTS OF THE COMMOVWF \ r T-r
OF VIRGINIA. PURSUANT TO THE LAWS OF VIRGINIA. *
President— JAMES W..HINICLEY.
Secretary and General Manager— ED3ON S. LOTT.
. Incorporated— MAY 2, ISSS.
Commenced Business— MAY 3, 1595. z ~ ■
•Principal Office— Hl BROADWAY, NEW YORK CITY. "
:■ CAPITAL.
Amount of capita,! paid up in ca5h.....; 5300,000 00
Amount of net ledger assets December 31st of previous year" * «n« *w •*■•
INCOME- DURING YEAH. * *i.USo.Z3a 53
'■a ■ \* : 618 ' Steam Automatic
. Accident. Liability. Boiler. Sprinkler
Gross premiums unpaid Decem- .■■"■.
ber 31st, last year paid ....$ 23,753 OS 5 45,606 45 $ 5,762 59 J 1 TIG 02
Gross premiums written and ; - „
renewed during year ........... 539,-iSS 40 452.12G 51 S3,SO9'SJ) £5,030 65
Total . ..............$563,241 455535,502 97 561,362 43 527,765 68
Deduct gross premiums now in
course of collection . 27,477:97 45,962 17 ; 5,777 30 2,057 23
Entire premiums collected du
ring the year J533.763 51 ?452,5i0 SO 555,535 13 525,703 45
Deduct reinsurance, abatement,
reba,te, and return premiums.. 133,0-16 40 119,428 33 16.2CS S3 7,032 61
Net cash actually received for
premiums : ........... ............$402,717 11 5373,411 S2 $39,315 19 515.675 St
Interest and dividends on stock 3 and bonds ................... 35 "33 53
Profit on sale or maturity of ledger .assets during- the year, overbook ' •"•
values ... — ....... .... 6,212 0V
TOTAL INCOME ACTUALLY RECEIVED DURING THE YEAR -'
IN CASH ....... .........,'. . .. ....„'.s 876,0632^
Aggregate last balance and income.. . ... -51,9^1.364 55
\*±~_ . -'Jh DISBURSEMENTS DURING YEAR. ~
Employers' Steam Automatics
. Accident. Liability. Boiler. Sprinkler.
Gross amount pnid for claims ex- • . *
cepting "weekly indemnity......? 40,511 00 5152,250 91 J1.375 42 $ 9,173 24
Gross ."amount pa.itl for weekly
or other periodical indemnity.. 80,743 36
"' 'Total .......5130,254 SG 5132,250 91 51,375 42 % «>,T75 24
Deduct reinsurances, salvages, . _ ■
■..and recoveries on losses previ-
V ously paid ............ 933 30 651 40 - 13,333 72
-Net paid, policy-holders ......5129,206 SO SIBI,SCD 51 51,375 42 $ 4,7^4 4S
j Commissions or brokerage to agents, less received on reinsu-
I I raneo ...........; :..'.. ...5232,347 75
j Salaries, travelling and all expenses of agencies, not on com
mission account 23,715 37
Inspections : 15,TU 70
Salaries and all other compensation of officers, 535,105.53; antl
■"' frome-offlce employees. 544.785.21 - 79 B^3 74 -^
Taxes on premiums, $11,329.75; taxes on property. .>'2t5.19; Xnsu
.' ranee Department fees and agents*, licenses, 52,402.17; muni
cipal licenses. $636.75 14,41', S5
Rent .„ 9 122 50
Legal expenses 3,170 70
Furniture, and fixtures. $1,690.50; advertising, 591L75; printing
and stationery, $16,252.63. 13 535 IS
All other items ; 2!>[4J>3 50
Total Miscellaneous Expenses . .......... „ 429 225 'I
I TOTAL DISBURSEMENTS ................... ........... .5 736,703 32
I Balance .......'...".., ......51.224.6C2 24
I ASSETS. ~~
Book .'.value of real estate $ 50CO0O
■ Loans on mortgage on. real estate 5.000 00
j Dook value of bonds owned absolutely.... '... .. l,l2J>iotH -IS
1 Cash in company's office . . — 19,053 10
i Cash deposited in banks :63,456: 63,456 6t
j Gross premiums in course of collection, less commissions thereon 60.1."i 33
1 Interest accrued on bonds .""■ : 7,94157
Total assets — — — ...51,202,172 09
- LIABILITIES. ~~
. Resisted by
In Proces3 of Company on Its
v . Adjustment. Own Account.
Accident .. 510.670 00 $10,173 On
Employers' liability • 15,994 CO ■ •* 60,933 CO
Net amounts of unpaid claim account. S-6.CC4 CO 571,164 03
Aggregate of unpaid claims and expenses 5 97 32S fci
Gross premiums upon all unexplred risks, running one year or less from
! date of policy: .
! Accident pv - emiums, $317,595; unearned
i portion (50 per cent.) , 5153,947 95 .• --
t Employers', liability premiums. ?332,t>17.&7;
unearned portion (50 per cent.) : 168,023 f9
Steam-boiler premiums, $13,655.07; un- .
earned portion <o0 per* cent.) 9,323 OT.
Automatic-sprinkler premiums. $19,463.91;
unearned portion (50-per cent.) 9,734.46
'■ /Total, one year or iess 1.... $344,035 *i
Gross premiums upon all imexpired risks, running more than one year
from date of policy: , •
Employers' liability premiums, 522,759.53 ;
{ unearned premium, pro rata ........ J 11,34151
j Steam-boiler premiums. §47,177.14; un- •
earned premium, pro rata. 23,<V)0 C 7
•;■ Total more than one year ....? 39,342 13
V Total unearned premiums, as computed aUove 333,277 5;
Reinsurance ;.... £133 12
Amount ■voluntarily., reserved for contingencies— On liability claims,
$11,514.62; all other indebtedness, J2.252.71. ...." 43.52T 3'*>
Total Amount of All Liabilities ........".....$ 527^72 C 8
Joint-stock capital actually paid .up in cash ...5300.<x;0 CO
Surplus beyond capital and other liabilities 46500000 '
: ;; ", - ; . ■.-■. ■ ' : ' - •. - „";■ ■;■■ '.■," - ; " ■ ... -;. , — ■ -SS.CWW
T0ta1........... I .......... 51,292,172 03
f'\ •Resisted* for assured, •tlncludinir 56.595 emergency reserve fund.
BUSINESS IN.THE SCATE OF VIRGINIA DURING THE YEAR.
■ ' . . - : -- - :" ■■;.'• : ■-■ - - " . ■: * Amount
. Riska; Premiums Losses Losses at Rbk at
■ ; . U'ritten. Received. Paid. Incurred. End of Year.
Accident .../:...........;....... ..J271.000 CO 5* 71« 92 5 117 22 5 lt>t 2S Slos,st^> ft)
Employers' liability ............ 479.000 CO 10.525 SS 6^24 69 5,2^ 21 2SO.C»> •>■
; Steam boiler. ...- ..:........ U^.C^XJ <# ;426 73 . ; 73 01 . fr4 75 115,0W>W
Automatic sprinkler ............. B.COO 03 St> SO 3,0(0 W
Aggregate :il. : . .... ...... JSM.OOO CO 811.776 35/56.420 92 : 55,SSf> 24 5153.5 C") W
(Signed): - CHARLES B.'PEET. Second Vlce-PreSldent.
. "(Signed) ■ i- / EDSON S. LOTT, Secretary. \
i State.of-New York, County oC New York— ss.: Subscribed and sworn to January
/ 2S, 1902, before . . " . VINCENT;ROSEMON. Coinuiissioner.
GEIMERSL AGENTS,
1103 EAST MAIN STREET. RIG»NQ. VA.

xml | txt