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Sydney Fire DAMAGES ONE MILLION.

I PEK UNITED PRESS ASSOCIATION. } Sydney. October 2. The fire has been the sensation of today. The following is the correct list of the buildings destroyed : — Bull and Company's warehouse insured for £146,500 ; Lark and Sons, insured for £105,000; Messrs Feldheim, Gottheaf and Co., insured for £106,000 ; Lazarus, Aronson and Co., insured for £15,000; Lawson and Sons, on stock, £3000. The insurances on the City Bank, Bichardson, Wrench and Co., and the Athenaeum Club are unknown. Gibbs, Shallard and Co. in whose premises the fire broke out, have £19,000 on the stock, and £13,000 on the building. It is impossible as .yet to obtain the detailed insurances, but as far as can be gathered they represent a total of , £800,000. The loss is estimated at over I £1,000,000. Lawson and Sons estimate their loss at £14,000 over the insurance, and Gibbs, Shallard and Co. theirs at £17,000. The Athenaeum was erected three years ago at a cost of £50,000. So far as is known the strong rooms in the City Bank building resisted the beat. Nothing is nothing is known as to the origin of the fire. The disastrous nature of the conflagration is no doubt largely the result of the hemmed-in position of the buildings. Ten firemen were injured by falling walls and taken to the hospital. Two of the cases are of a serious oharacter. One of the firemen got shut in the basement of a warehouse by a barricade of fire. His comrades rescued him by outting through an iron-bound door, but not before he had been pretty severely burnt and scalded. Two hundred telephone wires were broken by the falling walls. It is understoood that the Commercial Union Insurance Company tops the lisl of risks with £48,000, then the Royal with £40,000, New Zealand Company, £30,000; London and Liverpool and Globe, £16,000; Norwich Union, £90001 The official estimate of the iniuranoe on the seven principal buildings destroyed in this morning's fire is that it amounted t0L396,000. October 8. Five hundred persons have b«en thrown out of employment by the fire. The following risks were held on the principal buildings :— New Zealand, L23.000 ; South British, L4.500 ; National, L2OOO. The damage to buildings is astimated at L300.000 and to Btock at half a million. The correct New Zealand insurances on Sydney fire are :~New Zealand, L10.000; Union, L6.000; Standard and National, L5.000 each; Bonth British, WOO. This Day. Gibbß, Shallard and Co., in whose premises the fire originated, are unfortunate m the matter of fires. Not less than six have occurred on their premises since 1874, the most gerious baing last year when damage was done amounting to LBOOO. Therftis some similarity between f the latter and|thiß week's ombreak.aa both | began near the same Kpofc. f Christchurch. October 2. f The Union Insurance of New Zealand loße L5500 by the Sydney fire.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18901004.2.10

Bibliographic details

Feilding Star, Volume XII, Issue 47, 4 October 1890, Page 2

Word Count
479

Sydney Fire DAMAGES ONE MILLION. Feilding Star, Volume XII, Issue 47, 4 October 1890, Page 2

Sydney Fire DAMAGES ONE MILLION. Feilding Star, Volume XII, Issue 47, 4 October 1890, Page 2

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