A QUARTER’S FIRE LOSS

A QUARTER’S FIRE LOSS

NEW YORK’S fire loss during the months of May, June, and July, 1897, was nearly twice as much as that in the same months last year. The losses reported last year during the quarter named amounted to $339,325. This year, during the same period, they were $615,293, and, as there are still some $50,000 in unsettled claims to be added to the last amount, the total, it is thought, will be at least double that of a year ago. The losses for July alone were more than$roo,ooo greater than during the same month last year, when the insurance companies were obliged to pay out but $42,028—-but this was considered an unusually small amount. No fire of any consequence occurred in July, 1896, although one reported on July 4 last at No. 3733 Third avenue destroyed property valued at $64,000. ‘That loss alone, it will be seen, was greater than all those occurring during July, 1896. The Chambers street fire on May 6 last, involving a loss of $114,685, was the worst blow the companies received in that month, which shows losses aggregating $264,619. The other principal losses during May this year were: May 6, No. 12 Desbrosses street, $22,840: May 15, No. 50 West Third street, $27,325, and May 21, No. 10 Jacob street, $16,000. During May last year the total losses sustained amounted to only $149,088. ‘The Greenwich street fire, causing a loss of $138,000. on June 23 last,was the heaviest loss reported for that month, when the losses aggregated $207,644. Last year, during the same month, the companies lost only $148,207—the heaviest loss being at the burning of the American Horse Exchange building, No. 634 Broadway, on June 11,$95,316.

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