Indianapolis Journal, Indianapolis, Marion County, 16 July 1889 — Page 7
THE INDIANAPOLIS JOURNAL TUESDAY, JULY 16, 1889.
A PROTEST AGAINST POOLS
The Chicago Board of Trade Denounces Traffic Associations as Injurious,
On the Ground that Thej Operate Against the Business of That City Flea for Kemovin Restrictions from Canadian .Eoads.
Chicago. July 15. The Senate interstatecommerce commission resumed its "work to-day. It LegaD "with the hearing of a special committee of the Board of Trade. Secretary Stone read a report on questions Bubmitted by the Senate committee to the Board of Trade on the 10th inst. To the question, "Do Canadian lines of transportation in the United States atfect the commercial interests of the United States favorably or unfavorably I' the reply was: 'Probably as a whole they a fleet it favorably in so far as commerce is favorably affected by having open to it as many channels of trade as possible." "In what manner does it affect such interesls!' '.'First, by smashing pools and all traffic arrangements that have existed between such roads as the Michigan Southern and Michigan Central, and second, by the equalization of freights to points in New England, when American lines charged exorbitant rates under the interstate-commerce law. The Grand Trunk line, of Canada, was the pioneer in the dressed-beef trade, which, before they encouraged it, was continually discouraged by American roads in the interest of their live-stock trade and yard commissions." "Is traffic originating in the United States, and which would naturally belong to American roads, diverted from them by Canadian Yoads?" It has not, except in the case of perishable goods. The Canadian lines were f among the first to build and operate transler elevators here for the preservation of identity and the weighing of grain in hopper scales, as required by the law of the State, which law t is now openly defied by Rome of the American lines centering here. . The Canadian lines have won the larger ehareof this business from the West oy isucb and. kindred measures, and by a uniformly just and equitable treatment of their patrons, and not by favoritism to ono shipper over another, as is evidenced by the popular regard had for these lines by "Western merchants. "We do not consider any additional legislation necessary. No further restrictions upon the commerce between the United States and Canada by the water routes should be tolerated, but this committee would recommend the enforcement of the interstate-commerce act and such laws as pertain to the bonded regulation of United States products passing over the great commercial highways of Canada as will allow them to ass untrammeled in the future as in the past. The adoption of any legislative measures calculated to restrict the transportation facilities now enjoyed by all will, iu the opinion of the committee, bury in impenetrable oblivion tho party that accomplished it." The committee also suggested additional legislation to make it unlawful for railway corporations to combine for tho formation of railway associations like the Trunkline. 'Central Traffic, Southwestern and Interstate-commerce railway associations, or railway trusts of any description, believing they destroy competition and evado the law. This statement appeared to come unexpectedly, to the committee, and created somewhat of a . sensation. They immediately abandoned, temporarily, the consideration of the relations with Canada, to develop tho lio.ird of Trade idea of tratlic associations and pools. "This is indeed an important question," said Senator Hiscock, "and the attitude of the Hoard of Trade in this cit3 is a surprise to me. The consensus of public opinion both amouir railroad men and shippers, and particularly in Boston, where we were last in session, is that these associations and tratlic agreements are the only Eolation of the present complication.. I would like to ask whether the denunciatory sentences in your report are a deliber
ate opinion or are merely rhetorical!" . The committee evidently did rot anticipate this turn of affairs and evaded an immediate answer on the protest by saying they did not understand they were present to consider tho question of pools. Individual members of the committee were then examined on this point and other points, and from each was elicited tho strongest opposition to any tratlic agreenicut or differentials for the weaker roads, on tho ground that it prevented free competition. (ieo. F. Clark was asked if he thought present traffic differentials should bo abandoned for the old cut rates, and he replied by saying he thought the traffic associations had never been successful. He also said he thought the rates were higher under traffic agreements and since tho adoption of the interstate law. Senaior Keagan asked: "Is the policy of a stronger road allowing differentials to a weaker road a good onof ' "It might prevent a rate war," said Mr. Clark. Win. J. Polk opposed the traffic associations because tncy were un-American and induced an indifference to the wants of the trade. A. M. Wright, formerly president of the Board of Trade, said pooling -had always operated against Chicago, affording lines opportunities to cut before and after the adoption of tho interstate law. II. F. Douzman and Mr. Wicker, traffic manager of the Chicago &, Northwestern railway, were also examined. The latter explained the making of seaboard rates. The commission finished its work this afternoon and left for tho East, with the exception of Chairman Cullom. Secret Meeting of Engineers. Springfield. 111., July 15. About 400 representatives of the local Brotherhood of Engineers of the State assembled in this city yesterday, and held a secret meeting at the State-house. .Little could be learned as to the object of the meeting, but H is thought preliminary steps were taken for the amalgamation of the Brotherhood with other railroad organizations. Chief Arthur was present aud addressed the men. but ho is understood to bo opposed to amalgama- ' tiou. "What decision was reached by tho delegates cannot bo ascertained. A wellknown railroad official said to-night, however, that it has been known i'n railroad circles fur some time that the engineers aro dis.satistied with tho outcome of the striko on the Burlington system, and it has been understood that this meeting was to coneider the best plan of retrieving their former power. To do this it is thought a general strike of tho engiueers and liremen on every Western road was proposed. This, of course, was strcr nously deuied by tho officers of the Brotherhood, but there seems to bo good ground for believing this move was di.cussed. Keprentatives of the B rotherhood as far fast as Ohio and from the Western States were present. The Vantlerbllt Lines Reduce Grain Rates. Chicago. July 15. The Lake Shore and Iftckel-plato roads gave notice to-day that they would reduce the rates on all grain products to the basis of 20 cents a hundred pounds. Chicago to New York, taking effect July IS. All the Vanderbilt lines are now in this movement, the Michigan Central Jiaving issued its tariff Saturday, following the lead of the Chicago & Grand Trunk. Tho Pennsylvania and the Chicago Atlantic have not as yet applied the reduction to other grains than corn and wheat. Personal and General Notes. Train No. 2 on tho Pennsylvania (vestibule) has added a second couch. The earnings of tho New York Central for June show an increase of $215,225. The principal inquiry now for cars for fchipmcut of grain is to lake points Toledo, haudueky, etc. From and after Saturday next all the outfide ticket offices will close on Saturday at t o'clock instead of t, as heretofore. George Stevens, superintendent of the eastern division of the Wabash, yesterday removed his headquarters from Decatur, 111., to Peru, Ind. Thcreisadecidedincrea.se in the business of the several express orlices. The increase covers all classes of freight handled vy the companies.
In the matter of the collision be
tween switching engines of the Bee-line nnd C. H. t 1).. on the White Kiver road (hingain's line, by which the advertising cat of the Wild West show was damaged.
the engineer of the first-named road was found to be at fault, Tho damage done was not creat, as the car was an old affair, and not valuable. William Cannon, paymaster and purchasing agent of tho Union and Belt road, will remove his office to the Union Passenger Station on the 1st prox. A force, under engineer W. D. Williams, is surveying the proposed line of the Cincinnati, Jackson fc Mackinaw road, from Addison to Jackson eighteen miles. The combination sleeper and chair car on, the C, C, C. Sc. St. L., heretofore mn between St. Louis and Springfield, O., will hereafter run between this city and St. Louis only. The Lake Erie &. Western will have two Mixinkuckee excursions this month one on the 21st, the other on tne 28th. The attraction on tho first occasion will be Dr. Talmage and on tho second Sam Jones. The force at the Big Four shops, at Bright wood, has been ordered to be increased two hundred men. A large proportion of the machinery in the shops at Cincinnati will be transferred to this point. A dispatch to Colonel Perry, received Jesterday afternoon, says that Third Viceresident Messier, of the Pennsylvania company.who was overcome with the heat on Saturday, is not yet out of danger, but his physicians have strong hope of his ultimate recovery. The Transcontinental Association will meet at St. Louis on the 20th, instead of at Tacoma. The principal subjects to bo discussed will be the rates to the G. A. K. encampment and the payment of commissions. The Pnget sound difficulty has been satisfactorily disposed of. Parties are at work securing the right of way for the Toledo, Findlay As Spriugtield railway. Tho proposed line Tuns from Toledo southwesterly through Bowling Green, North Baltimore. Findlay and Ada to Springtield a rich agricultural, gas ana oil district. T. B. Brown, formerly manager of the Toledo, Columbus fic Southern road, is at the head of the enterprise. The trains of the Louisville, New Albany &. Chicago railway began crossing the Kentucky & Indiana bridge on Sunday, under a new arrangement, and tho result has been a sharp advance in the stock and bonds of the Bridge company and of the Louisville Southern Railroad Company to-day. Tho Louisville, New Albany &. Chicago trains have been coming over the Pennsylvania Company's bridge. Quite a crowd of employes of the Indianapolis & Yincennes road were gathered at the offices of Superintendent Manslield yesterday. In one room the men wero being examined for color-blindness, and in tho other for membership in the Mutual Aid Association. The latter institution is growing in popularity with the men, and the membership increasing rapidly. The Lake Erie & Western is clearing up all its contracts for through business in order to be ready to take advantage of the increase in grain rates, which will take effect on the 28th. From the 22d till the 28th all grain and grain products will be hauled cn the 20-cent basis. After that dato the rato will be advanced to 25 cents on all grain and grain products except corn, which will remain at 20 cents. It is said Manager St. John has received from Omaha capitalists such encouragement as to induce him to at once put in operation the steps necessary to the extension of the Chicago. Bock Island & Pacific from Omaha to Fairbur3 -there to counect with the Chicago, Kansas and Nebraska branch, and giving a continuous line from Chicago to Denver, via Omaha. The proposed line will parallel the Union Pacific to a point beyond Fremont. Tho east-bound shipments of flour, grain and provisions out of Chicago by tho lines in tho Central Traffic Association, last week, aggregated 10,233 tons, against 15,418 for the week previous, an increase of 815 tons, and against 14,308 for tho corresponding period last year, an increase of 1,103 tons. The Vanderbilt lines carried 4ti.5 per cent, of this traffic; the Pennsylvania lines 20.7; the Chicago & Grand Trunk, 17, and tho Baltimore Ohio. 15.8. The local freight agents met at the office of the Weighing and Inspection Association yesterdiy afternoon. Among the matters disposed of was the adoption of a rulo to notify shippers who have given underweights that such action is in violation of Sec. 10 of the "act to regulate commerce."
as amended March 2, 18W, which provides that any person makiug a false billing either by misrepresenting the weight or character of tho goods shipped, wether by cousent or connivance of the carrier or not, thereby renders himself liable to conviction of fraud, and "to a lino not exceeding $5,000, or imprisonment for a term not exceeding two years, or both." With a view to relieving the general Western manager of a largo amount of detail work, the territory covered by tho American Express Company in the Western States has been divided into lour divisions, as follows: The Southwestern division, comprising Pennsylvania, Ohio and Indiana, 1J. 1). Hughes general superintendent, Cleveland. The Central division.
comprising Illinois, Wisconsin and Michigan, J. L. Trumbull general superintendent, Chicago. The Northwestern division, comprising Minnesota, Dakota and Montana, W. A. Nnylor general superin
tendent, St. Paul, 'lho Western division.
comprising Iowa. Missouri, Kansas and
iscoruska. L. A. Garner general superin tendent, Omaha.
Since tho recent declaration of the three-
pcr-cent. dividend by the Illinois Central, an expert accountant of New York has pub-
usiieu, ior me. uenent oi ioreign SIOCKholders. an address in which he savs:
"Since the year 1S82 it would annear that
the annual reports have not been arranged with a view of affording enlightenment to the stockholders to whom they are ad-
iiressouron tne contrary, vital information iu regard to transactions in the issue and sale of securities for construction and other purposes, and the disposition of funds derived therefrom, has been withheld, except in a very general reference by the secretary." After commenting on tho discontinuance of the profit and loss account, the letter continues: "I think it may be safely stated that no parallel exists in our railroad history where a trust has been delivered up in such excellent shapo as wal that of the C., St. L. &. N. O. railroad at the clone of 1882, thus giving to tho Illinois Central company an uninterrupted through route from the lakes to tho gulf, aud with an outlook for prosperity second to no other railroad nroierty on this continent. Tho New Orleans line, on delivery, was practically a newly -constructed and equipped road, lir?t class iu every respect, with a funded debt of Sl3.000.000, or $2,403 per mje, and a net earning capacity averaged on the previous live years sufficient to pay the entire interest charge and 0 per cent, on tho $10,000,000 stock. Comparing at tho present timo 1883 with 1888, you will find an increase of Illinois Central fnnded debt of 70 per cent., an increase of charges of 40 per cent., a decrease of gross per mile of l" per cent., an incrcaso of expenses per mile of lfi1 per cent., a decrease of net per mile of 474 per cent., and an increase iu the percentage of expenses to gross earnings of 18 per cent. The Illinois Central proper and tho lines south of Cairo have, no doubt, had to shoulder a loss on the other lines operated, but as to the extent of that loss it is impossible to determine with the present means of information before me." Tho circular goes on to complain of the alleged disproportionate increase in the valuation of tho properties of the company, and the corresponding increase iu the liabilities. The funded debt, it saj's, has assumed fearful proportions, and the burden of fixed charges must result in ultimate disaster to the stockholders. The writer complains of the suppression of the bond and stock transactions, on account of which it is impossible to speak with accuracy of the amouuts realized, aud the charge is made that there must of necessity be something to conceal. The circular concludes as follows: "It would appear by general reference that there have been sold or placed in pledge a total of $32.S9u,G00 of securities, against which there appear to have been outlays on capital account not charged against income of 25,190,800; thus leaving a balance of $7,19,140. the disposition of which is not made plain. Parily to onset this apparent deficit there may b eouiH 4,500.780 covering advances made on account of Cairo bridge and outlays for Mississippi iV Tennessee securities. While there hail been cash and quick assets up to 18Sn, there were at the close of 1S8S floating liabilities amounting to $4.S.fi(2. The administration should becompelled to submit their books to a thorough examination by independent parties."
SOCIETY NOTICE.
MASONIC-KEYSTONE CHAPTER. NO. 6. It. A. M. Stated meeting thi (Tuesday) evening, in Masonic Temple, at 8 o'clock. , WM. H. U1CU, M.E.H.P. JACOB W. Siia. Secretarj.
Now laughs the sun ; the south-wind blows; Three merry maids hang out the clothes ; Miranda, Maud, and Madaline; They hear the village clock ring nine.. Quoth Maud: "Why are we done so soon? v The washing used to last till noon?" Two rosy mouths in chorus ope, "Oh! now we use the Ivory Soap."' A WORD OF WARNING. There are many white soaps, each represented to be "just as good as the 1 Ivory they ARE NOT, but like all counterfeits, lack the peculiar and remarkable qualities cf the genuine. Ask for "Ivory" Soap and insist upon getting it. Copyright, 1886. by Procter A Gamble.
BUSINESS DIRECTORY.
AT'TTTTVTC! E. C. & CO.. manufacturers and XJVli0 Repairers of CIRCULAR. CROSS-
cut, ramj, aim all other Raiting. Emery Wheels and Mill Supplies. Illinois street, one square south
union fetation.
SAWS
SAWS OA ) 0 EMERY WHEELS.
8FKC1ALTIIS OF"
W. B. Barry Saw & Supply Co., 132 A 134 S. Penn st. All kinds of Saws repaired. THE SINKER-DAVIS CO., ' Saw-ffl Machinery, Engines ami Boilers, Pipe-Fittlngs and Naturalga Supplies, 111 to 149 South Pennsylvania Street. HOLLIDAY & WYON,: Wholesale Manufacturers ot Coupe, Surrey, Buggy and Express HAENESS, No. 77 Soulh Meridian street, Indianapolis, Ind. . ty lric Lint went the trade un application. SAFE-DEPOSIT VAULT
Absolute sfifetv atrainst Fire and Burglar. Itnei and only vault or tho kind in the State, roliceraan day and night on guard Designed for the aare-keep. ineot Money, Bonds, Wills, Dm1, Abstract. Silver plate, J ewels, and Valuable Trunks and Packages, etc. S, L Fletcher & k Sal Deposit, D. M. Ransdell, Manager. LEO LANDO, Manufacturingr Optician, Jobber and Retailer in Spectacles, Opera and Field Glasses, Microscopes, Barometers, Thermometers, etc. HP Ocnilsts' Prescriptions a specialty. 63 East Market Street, opp. Postofficc. WAyTKlJrIALK 1IKLP. TTTANTED fr Weekly representatives, male or f female, in every community UmkmIs staple; housesold necesMity; sell at sight; no peddling; salary paid pruinptly.and expenses advanced. Full particulars and valuable sample case free. "We mean Just vhat ve say; address at once. Standard Silverware Co.. Boaton.Mass WANTED AGENTS.
TITAXTED AGENTS-NO TRASH TO OFFER; V am making the fastest selling articles; $ 1 an hour easily maUe; particulars fieo. T. JONES, 7 Murray street, N. Y. WANTED SALESMEN.
YTANTE1) SALESMAN ladies and gentlemen f T in every town and county to introduce, a lasr-sell-ing household necessity. Something new. Dustiness legitimate. Prolits large. None but energetic agents wanted. For particulars addrew CYRUS & CO.. Room 51. Monlank Rlock. Chicago. 111. . WANTED 3IISCELLANEOUS.
TV
TANTED CONSUMERS GAS TRUST STOCK.
NEWTON TODD, 24 v. East Washington sL
FINANCIAL.
LOANS MONEY ON MORTGAGES. C. F. 6AYLES, 75 East Market street. FINANCIAL MONEY ox MORTGAGE. FARMS and city property. C. E. COFFIN fc CO. MONEY TO LOAN-0 PER CENT lib RACE MCKAY. Room 11. Talbott & New's Block. IXPER CSNT. ON CITY PROPERTY IN INdiana. ISAAC II. KIERSTED, la MarUndale Block. rpo LOAN Private funds on farm and city prop X crty. Iarge loans on biisiness property, ti per cent. STANTON & SCOTT, HI1? North Delaware st. MONEY LOANED ON BUILDING ASSOCIAtion toclc. Shares bought and sold In any incorporated association. D. C.BRYAN, No. 1 North Mc-ridivn st
r ONEY TO LOAN OV FARMS AT Tlf v. T.nvt'.
al.cst market rate; privileges for payment beforo due We kIso buy municipal bond. THt )S. C. DAY
fc CO.. i J Kast Market street. Indianapolis.
FOK SALE 311 S CE UAXEOU8. FOR SALE THE LEASE AND FIXTURES OF a forty-four-rooiu hoteL Good busiues: 35 to 40 loarders. Poor health the reason for selling. Address J. K. DAVIDSON, St. Nicholas Jloiel, Urbana. 111. FOH SALE REAL ESTATE? TTAJEN'S REAL ESTATE EXCHANGE. BAR. gains in Business and Residence Property. 79 Eau Market street OR SALE REAL ESTATE A beautiful oottags folding doors, grate, cellar, well, cistern; very completc house, in Hall Place; only f 2,160. A two-story frame, eight rooms, folding doors, grate, both kino's gas. beantiful decors Loii, very choic e east front, location north; owner must sell and go West; price f 3.200. A two-story frame, tin rooms, two grates, front and back stir. In good order and pond location, on Mil liigan street, down town: price 3,OoO. WM. UORPON. 11 fc 12 Baldwin Block. PCEMESTS. MONEY, MONEY ANY AMOUNT FROM 2u0 up. 3tonyon hand, no waiting. D.C.BRYAN, No. 1 North Meridian st.
STROLOGER MRS. DR. ELLIS NEVER
falls to tell life's history correctly l v the tdau-
ets, where to so. what to do for success, hcalrh and happiness, gives information on all subjects. If sick or id trouble consult tho Doctor at once. 23 East Michigan street fan be cotisulteq hy letter. THE PARTNERSHIP "ilERET OFOirEEXIsT lug between I. Grohs aud D.J. Sullivan, under the Una of Hullivan-GrohsCo.. retail dry gool. etc.. Is this day dissolved by mutual consent. Mr. D.J. Sullivan Iiavlng purchased the entire interest of Mr. I. Grohs. In the late lirm. will continue the busineMH at H and H West Washington street, and will setUo all the affairs of the old lirm. I. OROH4. Indianapolis, July 11. 1889. p. j. jsuLUVAN. FOR RENT. FDR RENT TWO GOOD ROOMS. WITH power, on JSouth Meridian st Apply at BRYCE'S Bakery. Dr SjNESCPPORTUNITI ES. FOR th best opening in the State for a general store Address P. O. Box No. 71. Hambrtde. Int JCTIQX gALKy " A NEARLY NBW PHAETON and harness wil be sold at auction Tiunlay, July Id, at J o'clock p.m.,atl3U W.WaAix. uUbTIN 4 aiccuilDY.
A(
JUSDfESSJIRER SPRING CHICKENS, EXTRA BUTTER, FRESH EGGS, Poultry Dressed everyday 'Wboteaale and ReUU.
THE CLEAN POULTRY CO. Corner Cedar and Hosbrook street. GTTelepbone 865. Goods delivered.
43olid Paper Fillini Gaw Mill Idlers or 5
Pulleys, bored and turned ; bolt boles drilled to fit flanges. Paper
J notions ior any purpose. Spur or Bevel. Cheaper, more durable than wood or leather.
EOCKWOOD, NEWCOMB & CO..
(Amaxisan Paper Pnllsy Company). J) ICO to 1(0 It. 7siu7lrc:i St.. Xnsn?olis. 11. ADAMANT WALL PLASTER. Tho neve, cheapest and best Wall Plaster known to the trade. Manutactory ut 196 West Maryland street. INDIANA ADAMANT PIASTER CO. H. C. SMITHER, Mannfactnrer and Dealer In Rooting Felt Rooflnjr Pitch, Cml Tar. 2 and 3-pJy Ke.vly Hoofinjr. Metal anftoiner Hoot I'aintA, Slaters' Felts, Sheathing Felts, Asbestos Fire-proof Felt, Straw Board. 169 V. M1 8t FINE CARRIAGES, ' Moderate Prices. HOWL AND A JOHNSON, 73 and 77 West Washington street.
THE BEAUTIFUL, CLEVELAND YARD FENCE Over 20,000 feet put np in Indianapolis daring 1888. Cheap, everlasting aud ornamental. Office axd factory, 2 BIDDLE ST. Throe squares south Mas. ave. Depot. REMINGTON
JpK CO L
STANDARD TYPEWRITER It Las teen for fifteen years the STANDARD, and embraces tho latest and highest achievements of inventive skilL
TVyckoff, Seamans & Benedict, 51 North Pennsylvania St., Indianapolis.
Lralinir mM h
'iiiiii.' iiii.ii .il.
MANrFACTTBEKS OT BINDERS, REAPERS AND MOWERS. Headqnartors for Indiana, 167 fc lrtl) E. Washington St., Indianapolis, Ind. J. 11. J I IS Y WOOD. Manager.
J. C. HIRSCHMAN & CO., Manufacturers of Mattresses, Dealers and Renovators of Feathers. Our Renovator heats tho world. 00 North New Jersey street.
COMSTOCK & COONSE, WOOD. CHAIN and WOODEN FORCE TUMPS. De&ler in Iron Pipe, Driven-well Points and all Drlven-well bupplies. 17 and 19U H. Meridian bL
INDIANAPOLIS STOVE CO.
Manufactures of stoves
and liOLLOW-WABE, Nos. b5 and til South Meridian s tree t '
PAItltOTT & TAG U Alt P WHOLESALE BAKERS. Crackers, Bread and Cakes.
Imkella and Parasol Manufactnrer. Repairing neAtlr and promptly done. Covering of all kinds to itrder. P. UARITY. 43 Virginia ave.
Bicycles and Repairing. WORLD TyTEwrITERS. Prlcrtflo. send lor catalogue. n. T. HEAESEY, 147 & 149 N. Delaware St.
NordyK'p it Marmon Co. Estab. 1851
FOUNDERS AND MACHINISTS
MILL AJTD ELEVATOR BUILDERS, Indianapolis Ind. Roller MtlLi. MM. searinK. llcltlng. Roltlng-cloth. Graincleaning Machinery, Middlings-pnriiiert. Portable Mills, etc, etc. Tale a;reet-car for stockyards.
( tMu
By Ti R, Be!!, Pttent Solicitor and Mechanic1 Drsushttnufe 63Iac&& BUck.ladiananoKt.lnrf.
THE H00SIER BURNER
".-' i i-
mmm
It the result of muc experimenting It combine the best qualities of all burners. I t is the favorite ainoiic all ga-Sttr. toUl u tho trade al a liberal (Uscvuul.
STEEL PULLY AND ' MACHINE WORKS, Bola Makers, 7 and 85 South PenxjvrlranlA SW
OFFICIAL COPY OF STATEMENT OF THE CONDITION OF THE PENKSYLYANIA FIRE- INSURANCE COT On the 1st day of July, 1889. Located at 510 Walnut street, Philadelphia. Pa. JOnN DEYEREAUX, President. JOHN I THOMSON. Secretary. The amount of lta capiul is $ 100. ooo
0U.l0
The amount of its capital paia up is
THE ASSETS OF THE COMPAXY ARE AS FOLLOWS: Cash on hand and in banks Real estate unincumbered - Bonds ownea by the company, as follows, market value: Philadelphia, Pittsburg. Cincinnati, SL Louis and other city loans County bonds; New York and Pacific and other Car Trust and corporation loans; bank and other stocks Philadelphia. Wilminsrton A Baltimore: Philadelphia & Readinjr: Lehich Valley: Pcnnsrlvanla:
Northern Pacihc and other railroad and transportation companies' bonU 1,282.445.00 Loans on bonds and mortis jres of real estate, worth double the amount tor which the same is moruraped, and free from any rrior incumbrance 320,070.00 Debts otherwise secured loans on collaterals 4HJ,12. .00 Debt for premiums in course of collection 131.027,70 All other securities interest and rent accrued 9,55j.;w
S45.P.iM0 155.5O0.OO 373.0S.V00 SS'J, 100.00
21
Total assets f3.10G.553.18
LIABILITIES. Losses adjusted and due Taaaa asltiiafwl ami nn
" v" "vk uun. ......................................................................... i 1A4 ci Losses unadiusted r 9vt,iw.iJ
Losses in suspense, waiting for further proof
Amount necessary to reinsure outstanding risks i 1,32,373,60
Total liabilities f 1,415,477.43 State ot Indiana, Office of Auditor of State. I. the undersigned. Auditor of stato of the State of Indiana, hereby certify that the above is a correct copy of the statement of the condition of the above-men tioned company on the 1st day of July, isa, cs showu by the original statement, and that the said original statement is now on tile in this olfloe. seal. In testimony w Hereof I hereunto subscribe my name and affix my omrisi seal, this sth dav of July, 1589. DHUCE CAHR, Auditor of State,
OFFICIAI COPY OF STATEMENT OF THE CONDITION OF THE UNITED STATES BRANCH OF THE
LION FIRE INSURANCE COMPANY
On the 30th day of June, 1889.
T
Located at 223 Asylum street, Hartford, Conn. M. BENNETT, JR., Manager. Home Office, London.
England.
The amount of its capital is The amount of lta capital paid up is ,
THE ASSETS OP THE COMPANY IN THE TJ. S. ARE A8 FOLLOWS:
Cash on hand and In the hands of agents or other persons Bonds owned by the company, bearing interest at the rate of 4 per cent., secured as follows.
market value: United states government registered 4 per cent bonds Loans on bonds and mortgages of real estate, worth doable the amount for which the same is mort traged. and free from any prior lncumbran ce .. ....... . Debts otherwise secured All other securities
$4,125,000 500.060
503,000.00 163.600.00 0,500.00 4,5Ib. i ft
Total assets f.S2i3491
LIABILITIES.
Losses adjusted and cot due Isses unadjusted Losses in suspense, waiting for farther proof All other claims against the company Amount necessary to reinsure outstanding rists.
Total liabilities , The greatest amount in any one risk, $10,000.
$7,45o.:r 2l.ooo.oo K 105.00 12.2.rt.35 2K3.277.10 $ol4,0SS.62
State of Indiana, Office of Auditor of State: I, the undersigned, Auditor of State of the State of Indiana, hereby certify thit the above Is a correct copy of the statement of the condition of the above mentioned company on the 30th dyof June. l. as shown by the original statement, and that the said original statement is now on tile in this office. seal. In testimony whereof I hereunto subscribe my name and affix my official seal, this sth day of July, 1889. BKUCE CAKK, Auditorof State.
OFFICIAL. COPY OF STATEMENT OF THE CONDITION
OF THE
(MIX MUTUAL LIFE INSURANCE COT
On the 30th day of June, 1889. Located at No. 291 Main street, Hartford, Conn. JONATHAN B. BUNCE, President. CHAS. II. LAWRENCE, Secretary. The amount of its capital Is '. $ 100. 000 The amount ot iu capital paid up is - 100,000 THE ASSETS OF THE COMPANY ABE AS FOLLOWS:
Cash on hand and In the hands of agents or other persons Heal estate unincumbered - Bonds owned by the company, bearing interest at the rate oi per cent,, secured as follows, market value: United States bonds Itailroad bonds '. Town. city, county and district bonds Bank stocks - Other corpora to stocks and bonds Loanson bonds and mortgages of real estate, worth double the amount for which the same is mortgaged, and free from any prior incumbrance - Debts otherwise secured
Debts for premiums
R2S,372.1tf 1,315,165.13 144.41O.O0 436,250.00 147.707.CO J5T,70rt.o llt,7b7.00 6.436,077.33 15M.yK.3i l.OOO.O'.'T.M
Total assets $ 10.573,597.30 LIABILITIES. Losses adjusted and due '- $2.8.W00 Ixses adjusted and not due 101.M3.OO Special reserve 1'k.0i.).(M) All other claims against the company C5.t57a.ie Amount necessary to reinsure outstanding risks, American eip., 4-j per cent, interest 8.390,t5I7.oo Total liabilities $8,700,659.26
a
State of Indiana. Office of Auditor of State: I, the underMrued, Auditor of State of the Stat of Indiana, hereby certify that the abore is a correct copy of the statement of the condition of the above-mentioned company on the 30th day of June, 1839, as shown by the original statement, and thattbe said original statement is now on tile in this office. seal In testimony whereof, I hereunto subscribe my name and atrix my official seal, this 11th day of July, 1889. BRUCE CARK. Auditor of State.
OFFICIAL. COPY OF STATEMENT OF THE CONDITION OF THE UNITED STATES BRANCH OF THE
North British and Mercantile Insurance Gompanj
OF LONDON AND EDINBURGH, On the 30th day of June, 1889. Its Princi pal Office in the United States is located at 51 William street. New York. SAM. P. BLAGDEN, Manager. II. M. JACKSON, Secretary.
1
THE ASSETS OF THE COMPANY IN THE U. 8. ARE AS FOLLOWS: Casi on hand and in the hands of agents or other persons, and in bank Bunds owned by the company, bearing Interest at the rate of per cent as per schedule, filed, market value Debts otherwise secured interest due and sundry minor items Rills receivable Reinsurance iu course of collection on losses paid.
$350AO.0! 3,0fio,3if:.oo 51.170 .0. 171.67 7.JS85.95
Totalassets $3,172,013.76 LIABILITIES IN THE U. 8
Losses adjusted and due Losses adjusted and not due Losses unadjusted Losses in suspense, waiting for further proof Allother claims against the com pany special arentsl balances Amount necessary to reinsure outstanding risks : ...
$17.9..2.l 4(1,44 1..Y VM73.no -'0.71.33 ::.14i.4J 1.4S7.031.J4
Total liabilities $1,5CH,721H)
State of Indiana, Office of Auditor of State: I. the undersigned. Auditor of State of the State of Indiana, hereby certify that the above is a correct copy of the statement of the condition ot the above-nientionert company on the :suh day of June, 1vh;, as shown by the original statement, and tliat the said original Ktatement is now on tile in ibis office. SEAL. In testimony whereof I hereunto subscribe my name and affix mvofflcial seal, this lOthdayof July, 1S0. RitUCK C'ARR. Auditor of tate.
OFFICIAL.!; COPY OF STATEMENT OF THE CONDITION OF THE
MED FIREMEN'S INSURAN
CE
n r
MT
On the 30th day of June, 18S9.
Located at No. 419 Walnut street, Philadelphia. Pa. JOS. L. CRAVEN, President. ROBERT B. BEATH. Secretary.
The amount of its capital is The amount oi its capital paid up is THE ASSETS OF THE COMPANY ARE AS FOLLOWS Cash on hand and In the hsnds of agents or other persons ;
Real estate unincumbered Bonds and stocks owned by the company, bearing inter'-st at the rate of per ce schedule filed, market value Loans on bond and mortgages of real estate, worth double the amount for which mortsrajred, and tree trom any prior Incumbrance Iebts otherwise secured interest, fF,U7u.y 5; rent, $719.83 Debts for premiums, in course of collection All other securities collateral lans
nt., the
as per h&rne is
Total assets
LIABILITIES.
Losses adjusted and not due losses unadjusted, in process of adjustment losses in suspense, waiting for further proof All other claims against the company.. Amount necessary to reinsure outstanding risks.
jnoo.ooo :m)o,h')
$21. 1M.14 1 1 7.t:M 21111.00 5:.371.50
io.t;o..7 17.'.rJ.t:: 70,OtM.lO 1.01MH0.GV I ;.i. o. 41 IVJi.Vn r..';;. 7 fdo.512.:U
Total liabilities tfGr.J.737.-.'d
State of Indiana, Office of Auditorof State: I. the undersigned. Auditor of State of the State of In liana, hervby certify that the above in a rrre-t copy of the statement of the condition of the above-mentioned company, on the 3! Mh day of June, lTi, ss shown by the original statement, and that the said original statement is now ou tie in thi orhce. EL.l In testimony whereof, I hereunto subscribe my name and aftix my oiHeial seat, this 11th Auy of July, lKH'J. BRUCE CARR. Auditorof State.
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