Fire Losses of the United States.
At the forty-third annual meeting of the National Board of Underwriters recently held in New York J. Montgomery Hare, president of the board, told the insurance men that a comparison with statistics of losses in foreign countries shows that the loss per capita in the United States is from 10 to 30 times greater than in the principal European cities. For the last five years, he said, the annual fire loss in this country has averaged $269 200,412—over a quarter of a billion dollars—the total for the period being $1,346,002,059, or about $750,000 for each day of the five years. In this period the figures were largely increased by the San Francisco conflagration, but, even taking the two years since then, the losses have kept well above the $200,000,000 mark. Without counting losses from forest fires, the destruction of property in 1907 by fire totaled $230,084,709, and in 1908, $217,885,850. The figures for this year give no promise of improvement, President Hare said, having reached a total Of nearly $53,000,000 for the first three months.