Issue 1 and Volume 86.

WHAT’S BURNING THE following list includes fires of $25,000 loss and over in the United States and Canada, for the month of December, 1932. These figures, compiled from telegraphic reports are based on estimates made at the time, and are subject to later investigation and consequent revision. Taken as a whole, however, they are an approximately correct view of the losses incurred. The figures represent loss in thousands of dollars.

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