Show ARE UNABLE TO AGREE I I Difficulty in Settling Central Block Insurance e OWNERS CLAIM REFUSED Insurance Men Turn Proposition Proposi-tion Down Walker Interests Asked 65000 Wliicli Was Not Granted Matter Mat-ter Sent Back to Adjusters Contentions have arisen In tho settlement set-tlement of the Insurance claims between be-tween the owners of the Central block and the companies which carried risks upon the building A claim was made yesterday by representatives oC the Walker Interests for tho sum of 65000 in losses The offer Is I said to have been promptly refused by the representatives repre-sentatives of the Insurance Interests and was referred back to the adjusters adjust-ers Adjusters both for the companies and the local Interests have been at work since the fire computing the losses that were sustained An amount of between 05000 and 570000 is raid to have been agreed upon yesterday by the t local people peo-ple as nn equitable amount and their award was submitted to the representative representa-tive of the Insurance Interests REFUSED TO ACCEPT He is said to have refused to accept the amount or to present it to the arbitration arbi-tration committee Consequently It Is still In the hands of the adjusters and will remain there until a satisfactory agreement Is reached The net loss on the Atlas building was 539000 the insurance companies carrying risks for 07000 and the owners own-ers losing the balance The damage sustained by the D F Walker building build-ing has been adjusted at 301833 and satisfactory arrangements have been made In both cases In the adjustment adjust-ment of the losses of the Central block tine result of the contention will be of great Interest to Insurance companies and local business men M II WALKERS STATEMENT I 3 was informed tonight that an award had been made of between SC5 000 and 70000 hV the t representatives of our Interest and that the offer was refused by the Insurance representatives representa-tives said M If Walker last night I have not been informed of the details de-tails of the offer nor how the adjustment adjust-ment was reached I have only been Informed that the offer was refused |