The San Francisco Call. Newspaper, May 24, 1904, Page 2

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THE S FRANCISCO CALL, TUESDAY, MAY 24, 1904 VERGER CASE S CONCLEDED Final Argument For and Against Distribution Is Heard by Judge Bradford SPGB JOHNSON OPPOSES PLAM ———— ('laims Harriman and Pierce Forfeited Their Rights in Northern Securities Stock SN J., May 23.—Argu- ncluded - hefore Judge nited States Circuit case of the appli- Harriman and Winslow restrain the proposed plan on the assets of the Securities Company, ed by the United States Su- u rthern 1d ng argument for the b was 3 of Philadel- h thr f New York t on behalf of the t on both sides turned > question as to the title Pactfic stock wh put into which amounted to 'he main coftention stock had be- npany and that the Northern out the upon the was that fic stock had not e they were entitied h to them the particu- t he combination h ntrol of the ————— NON-UNION MEN AT WORK IN STOCKTON Millmen Import Workmen to Take Places of the Locked Out Longshoremen. STOCKTON, May 23.—Th: Millers' Warehous 's Associat of a number of new city to take the longshoremen »ur andl feed packers iking f st the local warehouses and mill The non-union men went to work this ing. Several policemen were the wa frent and lawlessness were on men were due to ar- g and with them the s will be fullhand- grain that it was was successfully FRESNO IS SELECTED AS NEXT MEETI NG PLACE ral Assembly of Cumberiand Presbyterian Church in Session at Dallas Elects to Visit Oalifornia. 23.—Omly one by the Gen- er mbly of the Cumberland church, that being the thering, at which one of mportant events was the de- hold the next annu difre ith imbus, Ohic re in the race, beaten on the first ballot. ——— Rabbi’s Assailant Arrested. LAND, Or., May 23.—Follow- factional fight in the syn k Talmud Torah morning services, Decatur, Il ovadzed at da v when stein, a second-hana Rabbi Abbey in the stein and P. Nudleman d to-day on complaint of ident of the synagogue, The men idson, a trustee. L rbing a religious ning the life of ed the blows out through a d ran ADVERTISEMENTS. ident Milwaukee, Wis., Business Woman's Association, is another one of the million women who fave been restored to health by using Lydia E. Pinkham's Vege- table Compound. “Dear Mzs. Prxgnax : — I was mar- ried for several yearsand mo children blessed my home. The doctor said I had a complication of female troubles and I could not have any children un- less I could be cured. He tried‘to cure , but after imenti for sev- o 27 hasband became dis. eral months, my t when we noticed a woman who had been cured of similar trouble Wh = E. Pinkham's yo and in twenty-two I cannot fully express the joy kil e Y B Our home is a different nOw, as we have to live for, all the credit is due to Business Woman's Association. — 5000 - which | an illegal combina- | al combination title | an and Pierce and | 1 assem- Cal. This w accom- nearly two hours of on the part of those | L RIVER CONVENTION PLANS VAST WORKS TO SHACKLE FLOODS OF THE INTERIOR | | Continued From Page 1, Column 5. jand has not been and probably will mot be entirely successful. ! We in California are not alone subjected t | these dangers. It has been the fate of the human race from time almost immemorial to be gubjected to the dangers of overflows from rivers in times of floods. As you will remem- ber the Mississipoi River has been taken hold ‘.,x by the hand of man and reduced to prac- tical subjection. The Sacramento and San | Joaquin present problem which cannot | properly be controlled when the proper effort is made. It is & simple problem to put to work upon the river that knowledge and forc to reduce the Saéramento and San Joaquin rivers to jection. 1 _hope sincerely that the convention will fee to it that this is | carried out, that the seifish Interest of any |man or body of men will not be allowed to interfere with the onward march of this move- ment, and that when the convention adjourns {4t wil] bave the matter left in the hands of men in whom we have confidence and in whose integrity we have every faith. I have Do doubt the whole peopie of this State will meet you more then half way and ivill extend to you from the extreme southern to the extreme northern ection of the State ! the right band of friendship and will be glad jand pleased to-see you succeed in this enter- We are all interested in it and as the representative of the whole people in the State {1 am here to-day to say to you that we bid sou Kodepeed. . (Prolonged applause.) RIVERS AS NATION BUILDERS. Professor Carl C. Plehn of the Uni- versity of California read an interest- ing paper on “The Importance of Riv- ers to the Country.”* He discussed the part played by rivers in the develop- ment of the commerce and agriculture | :of the great nations of the world, the building of important cities and the promotion of progress and civilization. In closing he said: obvious trust that Srow ‘great as fast as its &l in population and wealth. hall benefit, for example, by the Pana ip_almost exactly the same proportions e Fan Joaguin and Sacramento valleys efit thereby. In thig the city and country prosper together. If the farmer of the gets his products to. market cheaper h, ro t, eeper. be m support re produce, that produce hands of the city mer- he servant of its country, hange of g river lands now will San Francis At the conclusion of the address the | chair appointed as committee of per- organization and order of Arthur R Briggs of San A. Phillips of. Stocktor, vliin of Sacramento, and J. Van Loben Sels and John W. Ferris of San Francisco. The commit- tee on crede Seymour, W. Professor A. G manent Green of Colusa and McAdie of the Weather Bureau. THE SACRAMENTO RAINFALL. Professor McAdie read a paper{on “The Reinfall and Floods in the > ramento Valley.” H water has not fallen for many years as records showe Z raipfall exceeded the combined pre- of February and March, 1904 from the experience of the past, one might safely estimate the probabiiity of th inches of rain in ninety days over the water- which, north of the x area would give a bie feet of water. owever, upon rainfall in while it is well known that Il 1 the foothills is considerably larger and may even amount, at an elevation of to twice that recorded at eleva- of about 100 feet above the sea level mapy points in the valley the rainfall ore than double a normal rainfall e and a half times a in_actual rais £ table, Eiving for the sixty-days u 18" inches, 26.68 inches, uir, 34.01 inches, 16.38 mmit, consideratic per cent excess per cent excess; pe system - of double the normal over a period of thirty , the time distribution priant factc xtending Of cour: o is one of the ¥ flood tion of the ex- of ‘February ve resulted in statement is period_following March 10 Great as the losses have been it i indieputable that 4 continuation of the rain and an extension of the rain arca wward into the watershed of the would have resulted in Joaquin entire section under con- w of the BARD SENDS LETTER. United States Senator Bard, who was unable tc be present, sent a letfer ex- pressing his interest In the meeting, which follows in part: The whole people of our State recognize the great importance of providing a remetly for | the repeated disastrous flooding of rich and | productive regions lying in the valleys of the Sacramento and San Joaquin rivers, and the | united action by the representatives of the ag- | ricultural, commercial and other interests di- Tectly affected will undoubtedly receive the co-operation, sympathy and support of other sections of the State. As representing in part te of California in the Senate of the the United States, it will be my pleasure as my { duty to support any reasonable and needed | Jegisiation having in view the aid of the | general Government to secure protection in the | future against the floods. The subject will be well discussed at the cénvention and some practical scheme will be devised for improving the conditions of the rivers, and it is almost unnecessary to that the results of the discussion of the sub- ject by the able statesmen, engineers and business men in the convention will command | the services of all of the Congressional dele- gation. SBARBORO ON CO-OPERATION. Andrea Sbarboro, president of the California Promotion Committee, spoke as follows on the necessity of unity and co-operation in saving thé flooded districts: Here we must have the co-operation of the 1and owners whose land is almost worthless without the assurance of its being protected from winter floods. We must also have the co-operation of the land owner whose land may already be protected but will be enhanced in value by the improvement of the land of his lese fortunate neighbor. The farfers residing in the vicinity of the proposed_improvement -are now living in con- tinuous anxiety. Bven if they have a fortu- nate vear they will fret for what may happen 1> them in the year to come. This great im- provement will set their minds at rest. They Wil lay plans for the permanent improving and beautifying of their homes, their towns and their cities, knowing that the dreaded fioods will disturb them no more. The towns and cities throughout the breadth and length of California must lend, through their representatives in the City Councils, in the Legislature and in s, their helping hand. The improvement of one part .of Cali- forwia is the benefit of the whole State. The southern part of the State must help this movement, as the northern part of the State must help all improvements which may be contemplated in the southern part of Califor- nia. San Francisco must above all cities give this great undertaking its most energetic sup- port. Every bean, every peach, every pear, every grain of wheat and every bunch of grapes that this great work will ndd to the products of the State will be a benefit to San Francisco and all parts of California. When the thousaids of acres of land of the rich Sacramento Valley will be plactd permanently under cultivation there will be required thous- ands of tillers of the soil to increase its pro- ductions. Here the work of the California ing. Here we have millions of people to benefit o benefit those who are al- | floods teem with an tials appointed was H. L | plished by it in securing State co- operation with the Government. The Geological Survey, reported Mr. Lip- pincott, had carried on work along the lines of topography and hydrography. A topographic map had been prepared on a scale of two inches to the mile, { covering the country from Iron Canyon, above Red Bluff, to the bay of San Francisco. This map could be | used as the basis of study in the en-| gineering problems concerning over- flow and reclamation. The geological | survey had made a study of drainage areas, reservoir sites, etc., from: Putah Creek, around the headwate: of the Sacramento River, and cover- ing the country as far north as Pitt River. Reservoir sites had been dis- covered that would provide for the a foot deep. A way was thus provided to stop the peak of the flood wave. The great water preserver and the great flood preventive were the for- ests, which store the water. The most important thing for the Sacramento River was the preservation of the for- ests on the watershed. The important announcement was made by Mr. Lippincott that in in- vestigating the river question in this State the services of the engineering | corps connected with the geological | survey could be secured in aid of the engineers that may be empioyed in | this State. Thes Government engi-’r neers are engaged in Government work along the Colorado River, in Nevada, and at all points where the | national irrigation work is in progress | west of the Rocky Mountains. <#his statement was greeted with applause, | as was also one to the effect that the | (sum of $3,000,000 has just been set aside by the Government to care for | the lands on the California side of the Colorado River. The committee on credentials next reported. The delegates at large were Governor George C. Pardee, Willilam J. Wynn, J. C. Needham, J. B. Lip- pincott, Mr. Elliott of the Department culture and Carl Plehn. ation of different bodies | ons of the ate were liy reported as follow | From the £t Alameda numerics “hamber of Commeres from the Oal 12 Contra Costa County, | er_Ithprovement oclation, 9; California Pro Merchants' F cigco, California California State Board of Tri S; Glen ; appointed or SHIPS AT SACRAMENTO. | At the afternoon session General Will | S. Green of Colusa gave some reminis- | cenee: f boating the Sacramento | River in the early The river then | bad no bars or shoals, and an ocean- | going steamer could go from San Fran- cisco to Sacramento without an hour’s delay. General Green Colonel John P. Irish, who spoke in place of W. H. Mills, whe pre- | vented by illness. from. bein -sent. Colonel Irish told the conves that the California ate Board oi Trade| leenly interested in the movement to. control the great rivers. For years it had be lling dttention of Eastern | ]mn[\h‘é lands in the California | delt s richest of alfl delta soils| in the world. Statistics of rainfall for the San Joaquin, similar to those al-| ready compiled for the Sacramento, | were greatly needed in order to aid in| solving the broblem of river control. problem was made more difficuit | s dual character and the different g in the two river| W followed by | it conditions obtaix by areas. “Any plan that proposes the relief of the floods of one river by increasing those of the other will not meet our| needs,” declared the speaker. “The Cal-| ifornia State Board of Trade is work- mmetrical devel- t of the ., and we hope that | s acre of land on the Sacramento | | m: be reclaimed without imperiling an acre on the loweér reaches of the San Joaquin.” (Applause.) H A. Park of Hanford, representing the an Joaquin Valley Commercial | ing to promote the pmen « e S; Association, reported on the destruction | of 15,000 acres of fine grain by the ro-} cent flood. He pleaded for aid from| the entire State, and raised a laugh by | , “We look to San Francisco for mmerce, to Los Angeles for our on and to the Commonwealth Club | alifornia for our salvation. San | Francisco comes down and makes love to us. Los Angeles comes makes love to us. We are like the Lady | of the Lake, but we want the love of each section and the help of the entire | State in obtaining protection from the Tulare overflow.” WHEN VALLEY WAS A FAKE. J. W nowball of Knights Landing, Yolo County, told of the Indian tradi-| tion when he came to Ca:ifornia in '49 | that in the old daysea fresh water lake covered the whole of the interior and that a great earthquake resulted in the formation of the Golden Gate and the release of these inland waters to the sea. “The problem before the peo- ple of California is to.continue the work of the earthquake by increasing the outlets to the sea. This could never be accomplished under the pres- L.ent system of more than 700 reclama- tion districts. but it must be brought about by putting the subject in the hands of a responsible and central body. The report of the committee on per- manent organization, presented by its chairman, A. R. Briggs, and adopted uranimously, was as follows: up and | Your committee on_permanent organization and order of business begs to report: First—We recommend that the temporary of- ficers be made the permanent officers of this convention ‘We recommend the following as vice General N. P. Chipman, jeorge W. McNoble, Stockton; Al- den Anderson of Suisun; Charles W. Thomas, Woodland; C. L. Donohoe, Willows, and Gen- eral W. T. Sheehan, Sacramento. Third—We recommend that a committee of nine on platform and resolutions be appointed by the chalr, three from the Sacramento Val- ley, three from the San Joaquin Valley and three from San Francisco and vicinity. WOULD MAKE ONE DISTRICT. State Senator Robert T. Devlin of Sacramento read a noteworthy paper on “The Practicability of a District Drainage Law.” He argued for the creation of a single drainage district |- to include all the areas affected by the floods. After quoting deeisions of the Sypreme Court to show that such a statute would be constitutfonal, he’ discussed some of the things it should contain. i Chairman Jennings announced the appointment of the following commit- tee on platform and resolutions: Rob- ert T. Jennings, P. J. Van Loben Sels and John W. Ferris, representing the Sacramento district; Lee A. Phillips, R. E. Wilhoit and Samuel ,Franken- heim, the San Joaquin district; Frank ready here, J. Symmes, General N. P. Chipman and WHAT UNCLE SAM DOING. R. M. Welch, San Francisco, and nited States Colonel E. A. Forbes, Marysville, J. B. Lippincott of the Geol the results of the survey in the ramento basin. He spoke’first of the of the California Water and Forest Association some years aro =nd of the good work accom- FOR A BY-CANAL. The convention then listened with interest to a paper on “Plan of Relief,” read by Frank D. Ryan, Commissioner | of Public Works at Sacramento.. Ryan argued forcibly for a by-canal to re- covering of 1,800,000 acres with water, ¢ | United States District San lieve the floods of the Sacramento and to be constructed from the west side of the river from Grays Bend and Ten Mile Shoals southward to a junction with the river again above Ryers Isl- and. He said, among other things: On the map of the Yolo Basin I show a loca- tion of a proposed bye pass canal which may or may not be approved. 1 would place at and above Elkhorn the weirs or possibly the hes gates that should control the flood plane. As Commissioner of Public Works my limit should perhaps be reached when the design of this work is suggested, but 1 am going to lay before you my jdea of the way the money can be raised.to do the work. I think it is but little use P hope that the funds for thi work, amounting to somewhere about $4,000, 000, is going to be appropriated by the Stat Legislature. There are, as it appears to me, three distinct interests involved in this work—the Federal Government, which guards jealously the right 10 control the navigability of the rivers; the tate government, whose duty it fs to render possible the veclamation of the lands the State has sold to individuals, and the land owner, whe will doubtless be willing to fili in the detall of reclamation work when the State and Federal governments dispose of such bold and general features as are at once essential to development and beyond the power of indi- viduals, . The exact share of the cost to be borne by each of the three parties to the undertaking is not easy to determine off hand; but it has been thought by men who have considered the mat- ter that an equal division of the cost of the work between the Federal Government, the State government and the land owners would be just and fair. I propose that the land to be benefited by the proposed work shall be included in,one or more drainage districts, At first sight it would perhaps appear that one general drain- age district could handle the questions in- volved, but if you will consider for a mo- ment you will see that the point of view of owners of land already reciaimed will not be identical with “that of the owners of unre- cloimed lands; at all events there is danger that th laimed lands will perhaps fear that. they are going to be taxed to reclaim other lands, One-third the cost of the work Included in the necessary improvements Below Sacramento 1 propose shall be borne by the lapd east of the Sacramento River. The assessed valuation of this rict is about $17,000,000 and the cost to landowners would be 1 per cent on thig valuation, or assuming the average assessed value of the reclaimed swamp land to be $30 an acre, the tax upon it would be bout 15 cents per acre for each of the two rs that the gvork would probably take. on the west side of the river 000, C hird of this work propose shall be borne by the district af- 1 have to be bonded would be nd to maka » that the State should the irterest on them, done. I submit that it would be ness on the part of the tate to do this; not only would this work be a part of the work m 'y to prevent a repetition of this year's d ter, but it is to be the means iu the first ance of re- claiming 175,000 acre in: of land paying nothing o next to nothing for taxes and is the means which alone north and aimed. MANY OTHERS SPEAK. n E. McKinlay, Assistant Attorney, was introduced and made a brief addrese demanding the support of the moun- tain and coast sections of the State for the effort to save the valley lands. The convention, he said, should bring home to the legislators of all sections the need of prompt action to stop the rav- ages of the floods H. M. La Rue of S mer Railroad Commi the vast farther up territory the rive: Iying to can be Dun 'ramento, the for- oner, told of his | experiences with the floods which had destroyed the value of his own lands four miles above the capital ecity, and argued earnestly for a cut through the Montezuma Hills as the only way in which an outlet for the surplus waters of the Sacramento could be found. "This ‘might cc $5,000,000 or more, but it Would save 750,000 acres of land and more than double their value, Only by such radical measure could the.valley farmers be rescued. La Rue recalled pioneer dayvs when the river had banks twenty feet high at low water and 2 fourteen-inch tide at Sac- ramento. The great floods of the six- s, he said, brought down vast de- of sediment and filled the chan- Tirey L. Ford, speaking as a repre- sentative of the Miners’ Association, addressed the convention briefly, de- claring that the rivers would never be | subjected piecemeal agreed, land in the but s dominion by Engineers to any vork. were ., that could be reclaimed, 1 ofder to accomplish this it was | necessary to unite the services of en- gineers, legislators and lawyers in working out a practicable plan with-| the attendant legislation. “When we have solved this great problem,”. said Ford, “instead of a population of 1,500,000 in the’ whole State, the two v 000,000, for they in the world G. W. McNoble and F. E. both of Stockton and lleys will sunport 20,- have the richest soil Dunlap, the latter a | member of the State Assembly, spoke | of the distinctive interests of the San Joaquin Valley in the plans for con- trolling the floods. They demanded. a board of engineers that would afford their district competent representa- tion and that would also include in its membershin experts from the val- ley of the Mississippi, familiar with the problems met and conquered in the control of that river near the Gulf every foot of the ! FRANCEWILLING 70 MAKE PEACE Vatican Receives Reassuring Advices as to the Attitude_\ of the Paris Governmenti‘ e | SPAIN LOYAL TO POPE] King Alfonso , Indefinitely | Postpones His Visit to| the Republic’s President | —_— ROME, May 23.—Information re- ceived from France by the Vatican authorities indicates that the situation growing out of the Papal protest against President Loubet’s visit to Rome and the recall of Embassador Nisard has assumed a more satisfactory phase. It is understood the Vatican has been as- sured that the Government, unless | compelled by action of the Chamber of | Deputies, practically intends to allow the matter of Cardinal Merry del Val's note to drop, thus avolding a conflict with the Holy See before the general | elections in 1905. ROME, May 23.—The Madrid corre- spondent of the Tribuna telegraphs that King Alfonso has indefinitely | postponed his visif to President Lou- bet, which was planned for September next, in order to avoid friction with the Pope. of Mexico. The convention then took a recess until 7:30 p. m. EVENING SESSION. The evening session was opened with a paper by J. W. Kaerth of Colusa on the subject of the flood waters of the | Sacramento and their possible control. In order to make his address more | clear, a map showing the present course of the flow of weter and the | overflow was hung on the wall and at frequent intervals Mr. Kaerth pointed | to the map to emphasize his remarks. His contention was that levees did ' little or no good, deposits of nature | offsetting such artificial work. L. A. Phillips of Stockton did not have a paper because no particular question had been assigned to him. He took up the matter of values of reclaimed lands. He thought the values were high, but the southern lands are inferior to the lands in the delta region of this portion of the State. In the future, and within a | few years, he expects $300 an acre will be a reasonable price. United ef- fort on the part of all people is the | keynote of success in matters of re- clamation, but present conditions ar a drawback to the settlement of the lands, he said. INTERESTING DEBATE. The report of the committee on plat- form and resolutions was then pre- sented by Senator Robert T. Devlin, in the form printed above, and at once became the subject of a debate that occupied the rest of the evening. This debate was started by General Will 8. | Green's motion to strike out the section requiring the employment of three en- gineers from outside the State. Greenl wanted the selection of the experts to | form the commission left wholly to the committee to be appointed by the con- vention. He was ably supported by a number of speakers, but. the voiges raised in favor of the report as It | stood were in the majority. Among | those lining up behind Green were | Russell L. Dunn, J. W. Snowball, Charles Cauvillaud and W. A. Beard. Opposed to the amendment were | John W. Ferris, Colonel E. A, Forbes, | Frank D. Ryan, P. J. Van Loben Sels, | Lee A. Phillips, Robert T. Devlin and | G. W. McNoble. These speakers em- phasized the impossibility of carrying out the vast drainage scheme upon | which all engineers are praclically‘ agreed unless an appropriation from Congress can be obtained. Hence, they | argued, it was desirable that the plans for the work should be prepared andJ presented to Congress by men of na- | tional or international fame, free from | the suspicion of local interest. | This view finally prevailed, and | Green's amendment was voted down | by a big majority. The only altera- tion made in the report was adopted | on motion of A. J. Park of Hanford, in- | creasing the standing committee from | twenty-three, to twenty-five, in order | to give the upper San Joaquin Valley | two representatives. | The convention adjourned until 10| o'clock this morning, when the several | district delegations will report their | nominees for this standing committee. Other business wiN also be transacted. { | ' S —— Special Rates for the Flower Festival at Healdsburg. On Friday, May 27—Parade Day—the California Northwestern Railway will sell tickets at $2 00 for the round trip. Leave Tiburon Ferry 7:30 a. m., and | on the, return leave Healdsburg at 4:35 | p. m. . 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Gegood Brothers Baldwin Pharmac ¥ 400 Sutter and 100 Stockton. 7th nd Broadway, Oakland recnseeces 119 Eilis STATEMENT OF THE CONDITION AND AF] OF THE Hartford Steam Boiler Inspection AND INSURANGE COMPANY F HARTFORD, IN THE STATE OF CON- necticut, on the 31st day of December, A. D. | 1903, and for the vear ending on that day, as | made to the Insurance Commissioner of the State of California, pursuant to the provisio of Sactions 610 and 611 of the Political Code, | condensed as per blank furnished by the Com- miseioner. | CAPITAL. k. AIRS i paid up in Cash ASSETS. Real Estate owned by Company.. Loans on Bonds znd Mortgages. Cash Market Value of all Stocks and Bonds owned by Company. sh In Company's Office sh in Banks ........ Interest due and accrued on Bonds and Mortgages Premjums in due Course of Col- lection .. 17,514 14| Total Assets LIABILITIES. Losses In process/tf Adjustment or in Suspense < Gross premiums on Risks running one year or less, $109,565 2 insurance 50 per cent Ak Gross premiums on Risks running than one year., $3.412- ; reinsurance pro rata $20,415 03 51,882 60 1,796,473 18 32.516 64 | $1,004,287 45 missions and Brokerage Total Liabilities INCOME. Net cash actuall Patd for State, National and Local 1AXey ooiooos Paid for- Inspections Ali other expenditures creeneee. SLAI 142 87 Losses incurréd during the year.....§88.32% 80 Total Expenditures Risks and Premiums— Preben RISKS AND PREMIUMS. | Premiuma, Net' amount written during the| 31,461,988 50 1.208,111 22 3,522,147 31 Befors me. this Notary Publie. MANN & WILSON, Managers NE. cor. California and Sansome Sts. SAN FRANCISCO, CAL of January, 1904 F. MIDDLEBROOK, | Losses tncurred during the year.. STATEMENT OF THE CONDITION AND AFFAIRS OF THE L’UNIVERSO MARINE INSURANCE COMPANY (QFMILAN, ITALY, OX THE 3lst DAY OF December, A. D. 1903, and for the year ending on that day, as made to the Insurance Commissioner of the State of California, pur- suant to the provisions of sections 610 and 611 of the Political Code, condensed as per blank furnished by the Commissioner: CAPITAL. Amotint of Capital Stock, pald up in Cash ASSETS. Cash Market Value of all Stocks and Bonds owned by Company... Cash tn Company’s Offk Cash in Banks. Premiums in due Course of Colle Due from other Companies for Re- insurance on losses aiready paid. Tolal assets LIABILITIES. Losses adjusted and unpaid... Losses in process of Adjustm et ] or in Suspense...........c.co. | 3189.574 80 Losses resisted, including ex- : ‘on Marine Time reinsurance 50 . 740129 Due and to become due Toissions and Brokerage 28,995 18 liabflities INCOME. Net cash actually received for Ma- rine premiums £ - Received for int: on Bonds, Sto Total $1,086,936 53 o from all other sour 9,594 98 Total Income. ..$1,006,831 48 EXPENDITURES. Net amount paid for Marine losses (including + losses _ of previous years) : 704,528 24 Paid for Salartes, and other charges for officers, clerks, etc.. 124734 99 Paild for State, National and Loe taxes ....... - 4,368 Total expenditures $803,801 95 LORTA. Vice Presiden VUILLIOMENET, Secretary orn to before me, this 9th L. cH HARLAN W. BRUSH. . 8. Conmsul at Milan, Italy. MANN & WILSON, Managers NE. cor. Califernia and Sansome Sts. SAN F}I_\_.\}'l!(l). (:,L. STATEMENT OF THE CONDITION AND A¥F! OF THE METROPOLITAN ~ PLATE GLASS INSURANCE COMPANY O5 =W, YORK, IN THE STATE OF NEW York, on the st day of December, A. D. 1903, and for the year endifig on that day. as made to the Insurance Commissioner of the State of California, pursuant to the provisions of sections 610 and €11 of the Political Cods condensed as per blank furnished by the Com- missioner: CAPITAL. IRS $200,000 00 ASSETS, Loans on Bonds and Mortgages Cash in Company’s Office. Cash in Banks. Interest due a: Stocks and Loans Premiums in due C. tion - Plate Glass on hand g Accounts due for Glass soid LIABILITIES. - Losses in process of Adjustment or in Suspense . Gress premiuns on Risks running one year or less, $305,080 34; re- insurance 30 per cent...... -« 177,900 17 Total Habilities ........ceee....$182,463 INCOME. Net, cash actually received for pre- ‘miums Y Recely, on nds, Stoc! all other sources. $4.472 97 Total income ... Net amount paid for Losses. Dividends to Etockholders. . sworn to before me, Subscribed and day of January, 1904 A. H. LAHY. Notary Publie. MANN & WIL?ON, Managers NE. cor. California and Sansome Sts. SAN FRANCISCO, CAL. WEEKLY CALL per Year. THE s

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