Morang's Annual Register of Canadian Affairs, 1901 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1902. Excerpt: ... Amount of interest paid and accrued 3,543,110 Value of Real Estate under Mortgage 190,992,476 Principal and interest overdue on Mortgages 1,669,590 Amount of Mortgages payable by instalments 27,303,792 Amount invested and secured by Mortgage Deeds 103,532.814 Present cash value of Investments 125,005,728 According toBradstreet's Annual Report upon this subBusiness ject, f.ne failures in Canada and Newfoundland numbered tooaada 1,379 in 1901 a s against 1,337 in 1900. The Assets recorded were $5,264,551 in the former year as compared with $4,246,693 in the latter; and the Liabilities were $11,783,737 in 1901 as against $10,785,601 in 1900. The chief cause of failure was said to be lack of capital in 974 cases, and the next reason given was incompetence in 134 cases. In the United States during 1901 the percentage due to lack of capital was 30 3 as against 70 6 in Canada; and to incompetence 19 per cent. as against 9 4 in Canada. Dun's Record gave 1,341 failures in Canada as compared with 1,355 in 1900. They were stated to have had Assets of $7,686,823 in 1901 with Liabilities of $10,811,671 as compared with the figures of $8,202,898 and $11,613,208, respectively, in 1900. The liabilities of manufacturing concerns which failed in 1901 were placed at $3,595,095 and those of trading concerns at $6,845,329. According to Provinces they were as follows: --Fire insur There was a considerable increase in the Fire anee in Insurance business of Canada in 1901 over the preceding Canada year. The net cash received for premiums increased by $1,330,916; the gross cash received for premiums increased by $1,722,309; the gross amount of policies, new and renewed, rose by $24,363,176; the net amount at risk at the end of the year increased by $48,010,919; the net amount of l..