200,000 Mar. 31 Sept. 31 RECAPITULATION. There are four banks, with a capital of Making an interest of 6 cents. By the foregoing rule, there must have been paper discounted for $1,262,925 75,775 7,577,492 There is a Mutual Insurance Company at Newark, the capital of which is made up from premiums and deposits, amounting to $45,000; of which nearly $20,000 is in shares of stock of $5 each, on which a dividend is made of 4 per cent. annually. There is a Mutual Assurance Company at Elizabethtown, which commenced in 1829. The capital consists of premiums and interest thereon, amounting to $7,100. There are in this city thirteen banks, with an aggregate capital of And these have made dividends for The Bank of Penn Township has $125,000 paid in, so that the dividend has arisen upon a capital of Paper discounted on this, per rule, is Stephen Girard's bank, in this city, is one of great usefulness, and deservedly popular; but being an individual establishment, is not noticed in this report. $10,792,000 693,075 There are in this city nine marine insurance companies with an aggregate capital of And these have made dividends for making an interest of 9.3109 cents. There are also four fire insurance companies, with an aggregate capital of 1,600,000 And these have made dividends for 90,000 One of these, being a new company, makes no dividend; so that the dividend above has arisen upon making an interest of 6.428 cents. 1,400,000 There are in this city ten banks, with an aggregate capital of And these have made dividends for Being an interest of 5.256 cents. By the foregoing rule, there must have been paper discounted for There are in this city four marine insurance companies, with an aggregate capital of And these have made dividends for Of these the Maryland has $150,000, paid in, on which its dividend is made; so that the dividend has arisen upon a capital of Making an interest of 14.941 cents. One of the fire insurance companies makes no dividend; so that the dividend of this stock is 124 per cent. The Baltimore Equitable is a mutual company, and excessively useful: each insurer deposits a certain sum, which is returned at the expiration of the policy, less a proportion of losses incurred for the time. |