Leadership

NORTH CAROLINA FIRE LOSSES SHOW INCREASE

Issue 6 and Volume 15.

NORTH CAROLINA FIRE LOSSES SHOW INCREASE North Carolina fire loss, not including forest fires, for April, according to the State Insurance Department tabulation was $1,248,075, as compared with $718,000 for March and $485,000 for April, 1920. Aside from losses on four items, tobacco, lumber, cottonseed and oil and cotton, Commissioner Wade says the general fire record for the month was excellent. Nearly a million dollars of last month’s loss was divided between these low priced products, as follows: Tobacco, $600,000; lumber, $150,000; oil mill products, $60,000; and cotton in storage, $60,000. At prices ruling in April, 1920, he says the loss would have totaled over $2,000,000 instead of the $485,000 entire loss for that month.

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