. Coast review. should beremembered. Much three year busi-ness was re-written last year, and alarge part of the premium gain wasderived from the high-rated woodenrisks in the congested districts of SanFrancisco. The favorable loss experi-ence of the Coast metropolis, and theincrease in the amount of unearnedpremiums, has resulted in a low andmisleading average loss ratio. San Francisco business was phenome-nal. We must not expect a repetitionof such good fortune. We congratulatethe holders of surplus line policies. Hadunusual or even normal losses been in-curred, many of the surplus line gam-b
. Coast review. should beremembered. Much three year busi-ness was re-written last year, and alarge part of the premium gain wasderived from the high-rated woodenrisks in the congested districts of SanFrancisco. The favorable loss experi-ence of the Coast metropolis, and theincrease in the amount of unearnedpremiums, has resulted in a low andmisleading average loss ratio. San Francisco business was phenome-nal. We must not expect a repetitionof such good fortune. We congratulatethe holders of surplus line policies. Hadunusual or even normal losses been in-curred, many of the surplus line gam-blers would never have paid the cant, and they dont have to. The Western Union semi-annualmeeting listened to the report on theincreasing anti-compact states. Ratesare to be made by independent statesraters and sold to both union and non-union companies. The W. U. companieswill voluntarily co-operate and abide bythese rates. The list of classes on whichblanket policies can be written will Dutch Windmill in San Francisco The above half-tone is from a photo-graph of a new Dutch windmill on theedge of the ocean in Golden Gate Parkin San Francisco. It cost $22,000, andis the largest in the world. The fansof the mill are each 114 feet a wind of 15 miles an hour thepumping capacity is 75,000 water is fresh, and is drawn froma large well and forced a mile throughpipes to a reservoir. There are sixpumps. The water is used for irrigat-ing the park, but the unlimited supplysuggests future possibilities in the wayof fire protection for the ocean front-age. A local banker presented $20,000toward the cost and other liberal cit-izens gave the remainder. The foun-dation is concrete, the crown is copper,and the sidesare shingled with slate. Theocean breeze averages 13J miles an hour. Portland followed the bad example ofSan Jose and hitched on to the trolleywires for light and power. The re-ceiving places have a greatly increasedfire hazard and rate
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Keywords: ., bookcentury1800, bookdecade1870, booksubjectminesandmineralresou
