| Show 1 r lr l t I t I r I j t to I II l I CI Ui J Salt Laker a er on FIre ire t 11 f JI t Mij Ab N Insurance for 1906 I H il V c r V Manager er ScheId ot or the local ot or the board of under tho ho Christmas NeWs eWi nn an and or at ortho V t tho local tire firo Insurance held for the past 4 I V V V car ThIs Thi Is I what ho ha saya SaB That tho year rear has ha proven n a mOst V one Car tor firo InsUrance corn com companies Is LL II fact ot at common knowledge thou though h tho extent to whIch have bave anti the tho heroIc or at ati financial engIneering that hive been i by some orne or at them In their to preserve and ond protect policyholders It I not fO o known Up to the end or of October tire j los es for tor tho United amounted to the tho figure oC at O Q ot of thIs over half wa lost bet In the tire fire itt It V V t It has hils been beon hy by Il a reliable V that the tho profit tor 36 3 CIrt I ot of nil all doing sl In the 1 United States In thos tho thoV V three oC 0 conflagration It a not ln then thon to tho o vers ver In Ih the V of that under torce rore V ot or there thero shortly nil an of oC per cent on rates throughout the country first In Inthe I the east anti then In the WOM The I V tact of oC the Iho matter matler iti IB t the tle San an such euch t V iH wae never contemplate In tim 4 chemo Of at anti nral PI od 9 to Ruch nn an extent that In inV artier to offer proper Indemnity to tot toV V V American n a rep V t V titian ot of such n a r It nere j V t I uary iry to make thIs Ihl 85 It I t t lm bo really for tor I tw I benefit V oC at the tho l nod tint for Cor the tho profit ot of the companies V c It Is 15 not well vell known In Snit Salt Lake Inke or orV V V V 18 d n it I houM bl be that or of nil the tho eIte on the we western A coast she alone R this 25 21 per cent of rites It Il IlIs V V le Is true truo that for Improved fighting V and of wa water V ter n a of V v V 44 11 In the Iho local 1 Piro lre r wn nt at that 4 e but It i that a t 1 rc t of 25 per c cent over o d out at 01 1 r given Khen for tire end endt nfl F water have hll toen allowed t c At this date loee K anti premium In income I come omo of oC fire Insurance are V h pot However provided 1 no noI I V 11 1 extraordinary be between beV V tween now MW lan Jan 1 will un tin V l how n low V V r 1 tOR ratio Oll Ogden from the tire V i more than lv Iv 10 De DeI V I 1 amountIng to SM ants i 1 to 1 24 r o i to 10 1 85 35 per cent tor or operating leave n a margin of profit tf f comPAnies o ar a Utah atone alono Is con conR R cerner I Why the tho misfortunes ot or ann ona city he horne borne by the tho oC at I 4 iH t other anti and more mora fortunate communities i V for a number or at years it Ii 10 low 1011 ln ratio mila Is often oCten n a poInt ot of It mut he rem em 4 herell however UIt th tue ot of un uni le Is bURe upon the tho law of oC nr a aI i f I I s over ns as broad hron a aV aI V J I nel field as possible The chah chahe e ot of generaL Conflagration ests In 11 every large city anti no ono elm can Sll say when abnormal losses In our own city will to 10 bo be paid by out ot of to the tho reserve funds In the shape or of In premIums collected from the tho balance of the country During the tho next 12 months month It Iii IH ox rates wilt will be un under under der the or of It a new no now In course ot of by tinder writIng It 11 hI i proposed to place the cost or of It a little more ex AX act I It If belongs Iy by taking Into IntI consideration of oC to value anti It for tor Improper open Int In buildings which fire rout rom one 10 0 another enOther Ii tX cx ro tl openings In which provide II a firo tram tutu to 10 creating a conflagration lutz hnz url In districts Is III In the nature ot of 1 a ta la lann on nn till nil lood hI he In reducing tI the the tho wn t r a much u as vo The hazard antI the lutz makes the rute nO hOME IE S n n The announcement nt of the Home In and the S r Orant I n agency oney appears on color covers of the NewS Tho list or of and the figures flurr shown till this plo pio pioneer fleer neer gene still s well In thO thOvan van ot of In title this part purt of at the tho country Inquiry nt at the home omen ye yesterday draw drow the fact that 1906 will bo be the tho most of at any the company et ever r passed In spite ot of the tho largo number of at which have token place pIneo In Its lis field While the fire losse losle are there has Iteen en n it large increase In the premIums thau though h the In tho tie Ie will its as usual be small over aver but tour four Per cent on thi th corn com the tho gains In the tho Ine Invest t meat or of the tho netS have en It to make tM the to Its stockholders yet et recorded has hns no indebted indebtedness ness whatever aside front Its lis 1 anti Its Ib reserve top for r Itt It assets now amount to over at book value and at tenet IMst In excess of that sum lIum It If Ittis its were figured nt at present mar martet tet et values The Tho HomA assets In invested vested In such concerns CUI as z 7 C M I Deret NatIonal nl hank state fit of Utah 11 Wagon Thatcher Tiros hank Lumber company Ogden hank bank company mah Sugar Sugar We Western Idah sugar anti anol estate on MaIn In Snit salt lAke City |
