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Parent Issue
Day
25
Month
September
Year
1874
Copyright
Public Domain
OCR Text

TIEE INSUKANCE. FRAZER, HAKRIMAN & HAMlLTOJu'S OFFICE OVEK SAVINGS BASK, Ann Albor, Michigan. We can now carry fulllioes in SAFE and TEUSÏWORTHY Companies, and our rales are reasonable. We are now carrying the best business risks in the city. We invite the Public to examine our Registers and judge for themselves of the kind ot business we are doing. We make a specialty of Dwellini; House Insurance, and can give low rates, and good indemnity We ropresent the following woll-known Companies: The Westchester, ■ Organized 1887, Assets, $055,000.00, Jan. lst 1874. The Allemaunia, of Pittsbnrgh, Pa. Assots $472,000.00, Jan. lst 1S74. The Lancaster, ol Lancaster. Pa. Organizad 1838. Assets $337,000.00, Jan. lst 1874. The Michigan State, of Adrián, Organizad 1859, Assets $304,000.00, Jan. lst, 1874. The National Fire Ins. Co. of PUI. Assets $r67,000.00, Jan. lst, 1874. Penu Fire Ins. Co., of Phüadelphia, Assets $413,020.28, Jan. lst, 1874. The Watertown Fire Insurance Couipany, of Watertown, Jí. Y. Assets $556,000.00, Jan. lst, 1874. The Watertown waB organized in Dec, 1367, since which time its premium receipts und lossea have been as follows to wit : Premium Eeceipts, Loases. Jan. 1,1868, Umonth - $1,204 28 " 18G9 .... 29,833 4K $1,855 00 -" 1870 - - - - 45,542 69 5, '297 42 " 1871 ... - 65,606 16 13,314 51 " 1872 .--- 141,417 OS 23.C15 97 ■' 1873 . - - 214,965 19 63,169 05 ■ 18T4 ... - 352,228 01 105,296 04 Cash premiums received in 6 years - $740,695 89 Losses in 6 years - - - - 220,946 39 Actual losses lesa than 30 per cent of premium receipts. Excess of premiuum receiptL over losses $519,(541) 50 INCBEASE OF ABBjiTS. Jan. 1, 1868, assets with $100,000 eapital.. $101,364 31 Do. 1889, do. - - - - 122,084 66 Do. 1870, do. - - - 148,431 47 Do. 1871, do. - - - - 158,8!l,i 88 Do. 1872, do. - - - 338,6113 13 Do. 18T3 do. - - - - 441,600 54 Do. 1874. do. 656,849 54 This shows a steady average gain in assets ol' over 75,tiOO each year. Official statement of gross asaets and liabilities Jan. 1,1874. to wit: Gross officially admitted asRets - - $556,849 90 Offlcially calculated luibilities, including reinsurancefund - - 217,104 61 Suiplus aato polioy holders - - $340,745 29 If this record is ovidence of bad management, Bafety and protit to policy and stockholdera would wish that other companies had a little of it. The policy and practice of this company have been steadily to increaae ita ñnancial nohdity, by whiüh justly tocommand the confldence of the public. To this end all surplus premium receipts have boen retained, allowing the stockholdera only legal interest on the aasets. The interest on i is invested funds pays all dividends, lea ving all surplus premiumö for the additional eecurity of the policy-holderB. All we ank is that the people shall investígate for themselveB, and we do not ie ar the result. FRAZEK, HARRÏMAN & HAMILTON, Office over tlic Siivins," Bank, 1476m6 Anu Arbor, Mich. HARDWOOD & BASSWOOD LUMBER FOR SALE. THE subacriber has on band ft good assortment of OAK, ASH, KLM, BASSWOOI), WH1TEWOOD, and other varieties of Luraber, í'rom l in. to 5 in, tbick. ALSO, Fence Posta, Square Tiicber, Plank and Oak Stuflding of all siaea kept on hand or madu to order on short notice. Particular attention given to CUSTOM SAWING. Fenco Poste planed, Oak Picktts kept on hand and sawed to order. MOULDINGS of different patterns sawed to order. FAKM GATES kept on hand and sold cheap. Particular attontion given to furnishing billa of tiraber of differont lengths and uien on the moat reaBOnable terms. SAWS OUMMED ON SHORT NOTICE. LOG8 WANTED. I am prepared to pay CASH for sound Oak, Aah, Basswood and Whitewood Logs delivered at my mili, or will buy and meaaure Loga in the wooda within aix miles of the mili. S"AU Dersons indebted to the late firm of Wines - 6 Hallock will please cali and aettle their accounts at the Mili. J. T. HALLOCK. Q pecial ]otice! FORTHENEXTBODAYS - THE - A-NN AEBOR TRADING Will sell their Spring and Sununer stoc OF DRY GO O DS, DRESS GOODS, CA.npii:Ti]sra, At Now York cost, FOR CASH QIiLY. 500 nicely trimmed 16 bone Coraots at 50 cents, worth $1.00. 100 pieces Prints at 10 ets. per yard. 100 pieces Border Prints at 10 ets per yard. 50 pieces, yard wide. Bleaehod Muslins, fine and soft finish, at 12 ets per yard. Togetlier with a very large Stock of other Goods which will be sold very cheap FOR CASH ONLY COI AND 86B PRlis. July IJ 1874. G. W. IÏAYS, Su]t. EW BAKEEY! E. STILIMG, Would infoim his numerous frit'nds and the public genernlly, that he have fltted up the storo Uitely occupied by J. C. Watson & Co., 28 Eust Hurou Bt., as a Bakerv and Confectionery Store, and hope by a strlct atlention to buwieiw to merit and receivo a alune of patronuge. Particulur attention wlll be paid to the lee-Cr'jim Deparlment, Wedding Cokes, Pj-ramicls, afl kinds of Fruit C:;kcs, and Ioe-Cream furnished familie or parties on sliurt notice. Fresh Fruits and Confeetionerr ulways on hand. (toods delivcied tree of charge 'to anv part of the city. Rcmember the place, No. 28 Eaat Hiron Street. Ann Arbor, May 27, 1874. E. STILING.

Article

Subjects
Old News
Michigan Argus