Leadership

Fire Losses for Five Years

Issue 5 and Volume 69.

Fire Losses for Five Years According to a bulletin issued recently by the National Board of Fire Underwriters, the five-year period from 1915-1919, inclusive, shows a loss of $1,415,375,845, The bulletin calls attention to the fact that the greater part of this loss was preventable. The total recorded loss is $1,133,100,676, and when twenty-five per cent, is added to this as a conservative estimate of the destruction from tmreported fires, the total given above is reached. It is estimated that the value of the property wasted through fire would have built 283,275 houses at an average cost of $5,000 each, thus supplying homes for 1.416.375 people, which is more than the population of the state of Connecticut. The chief cause of fire is said to be electricity, a total of $84,086,471 being attributed to this cause. Matches and smoking materials come second with a loss of $75,474,348; defective chimneys and…

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