FIRE LOSSES OF WEEK
From reports covering the United States and Canada, the estimated losses by fire, during the week ended August 28, 1920, aggregated $5,608,750, as compared with $4,907,500 for the corresponding week in 1919. The total is derived by adding to the amount in the list given, which includes only those of $10,000 loss and over, a sum equal to fifteen per cent, of that amount, statistics showing that the smaller fires average about that proportion of the larger.
The figures published in this list, compiled from telegraphic reports of fires occurring during the past week, are based on estimates made at the time, which are necessarily hurried, and are subject to later investigation and consequent correction. Taken as a whole, however, they give an approximately correct view of the losses incurred. The figures represent loss in thousands.