Scientific American, Volume XLIII., No. 25, December 18, 1880

It is estimated that the total annual losses of insured property by fire, throughout the world, average nearly two hundred million dollars. Add to this the annual destruction of uninsured property, and we should probably have a total amounting to quite double these figures. How great the loss, how severe the tax upon the productive industry of mankind, this enormous yearly destruction amounts to, will come home to the minds of most readers more directly if we call attention to the fact that it just about equals the value of our total wheat crop during a year of good yield.