File:Coast review (1896) (14781993641).jpg

Identifier: coastreview501896sanf (find matches)
Title: Coast review
Year: 1871 (1870s)
Authors:
Subjects: Insurance Insurance Mines and mineral resources Mines and mineral resources
Publisher: San Francisco : J.G. Riley
Contributing Library: San Francisco Public Library
Digitizing Sponsor: San Francisco Public Library

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ess andname of the Queen. The new undertak-ing appears to have been a great success:for business and assets and siu))lus havemade considerable gains. The Queen has $4,039,586 assets, a gainof nearly $300,000 in a year. The netsurplus at the beginning of the presentyear was $1,518,923, a gain of $362,000.The premium income last year was $2,-153,440. Losses were not heavj, and forthe first time a dividend was ))aid. Since1891, when the Quesn was incorporated,the directoz-s have withheld dividends,Ijreferring to build up the companys netsurjilus to its present handsome propor-tions. The Queen and the Royal are operatedunder one management on this Coast incharge of Rolla V. Watt. Recently theMontreal departments of the two compa-nies have been united, thus following thelead of the San Francisco department,and with equally good results. On this Coast the Queen, like the Royal,does a large and profitable business. The Queen is erecting a handsome officebuilding in New York costing $400,000.
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TiiQ Coast I^eijew. 417 The Northwest Insurance Association. The iiiinual moetiiig of this associationof local Ijoards was held in Portlantl onSeptember 5). The attendance of dele-gates was large. Various topics werewarmly discussed, but the general tonewas temperate and conservative. TheNorthwest Insurance Association has donea heap of good in maintaining ratesand sound practices in its Held. The executive committee is as follows:Hanford, Seattle: Ball. Tacoma: Mason.Port Townsend; Ford. Olympia: Jones,Spokane: Whitman. Walla Walla: Her-rington, Wallace: Wi-ight. Salem: Stew-art. ^Etna: Craw, Eugene: Hudson, TheDalles: Morehouse, Pendleton: Tate.Boise: Henry Hewett, Portland, presi-dent. The report of the executive committeeis a very creditable document. The asso-ciation has been remarkably successful,but it has had to face serious difficulties.The managers who signed the agreementhave upheld the association, however, andthe powei thus applied has secured obedi-ence, brought the refr

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