When was it published?

January 2, 1836 in South Branch Intelligencer

Domestic News January 2, 1836

South Branch Intelligencer

Q: What keywords are associated?

New York Fire, Insurance Losses, Great Fire, Fire Damage Estimate

Romney, Hampshire County, West Virginia

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What is this article about?

The New York Evening Star reports that losses from the great fire on the 16th ult. are lower than initially thought, estimated at 10-12 million dollars. Insurance companies can cover more than expected, though the Herald notes the impact on old families, widows, and orphans invested in insurance stocks.

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Full Text

The New York Evening Star of the 19th ult. in speaking of the loss by the great fire on the 16th, gives the gratifying assurance that the loss is much less than was at first supposed. It says -The loss is probably from ten to twelve millions, not more. Many of the Insurance Companies will be able to pay a greater proportion than was originally contemplated. It must be recollected that last season was a most profitable year-many houses cleared $80,000, and there are but few who will lose more than their profits of last year. The Herald says "the worst of this calamity falls upon the old respectable families, widows, orphans, &c. who had invested all their property in Insurance Stocks."

What sub-type of article is it?

Fire Economic

What keywords are associated?

New York Fire Insurance Losses Great Fire Fire Damage Estimate

Where did it happen?

New York

Domestic News Details

Primary Location

New York

Event Date

16th Ult.

Outcome

loss estimated at 10-12 million dollars, less than first supposed; insurance companies able to pay more; impacts old families, widows, orphans with investments in insurance stocks.

Event Details

New York Evening Star of 19th ult. reports updated loss from great fire on 16th ult., assuring it is much less than initially supposed, probably 10-12 millions. Insurance companies can pay greater proportion due to profitable previous year. Herald notes worst effects on old respectable families, widows, orphans invested in insurance stocks.