250 
Pharmaceutical  Meetings. 
( Am.  Jour.  Pharm. 
\      May,  1905. 
in  a  term  of  years.  He  did  not  advise  too  short  a  ttrm,  however, 
as  the  premiums  are  higher  and  it  is  well  to  let  the  insurance  com- 
panies bear  some  of  the  risks. 
Theodore  Campbell,  who  was  a  sufferer  from  fire  a  few  years  ago, 
expressed  himself  as  highly  in  favor  of  insurance.  He  said  that  it 
was  important  to  insure  fixtures  as  well  as  stock.  He  also  empha- 
sized the  necessity  for  taking  stock  often,  as  this  furnishes  the  only 
reliable  basis  on  which  the  insurance  company  can  estimate  the 
loss.  Mr.  Campbell  said  that  he  understood  that  a  few  of  the  drug- 
gists in  Philadelphia  take  stock  every  year,  but  that  about  75  per 
cent,  of  them  never  do  this. 
Mr.  Evan  T.  Ellis  said  that  he  believed  in  insurance  provided  the 
company  was  known  to  be  reliable.  He  said  that  a  director  of  the 
Penn  Mutual  Company  had  told  him  that  policy  holders  get  their 
money  back  with  about  4  per  cent,  interest. 
Mr.  Boring  said  that  if  all  of  the  losses  and  disappointments  to 
policy  holders  could  be  published  he  thought  we  would  have  the 
Government  back  of  the  insurance  business. 
Mr.  Cook  spoke  of  an  insurance  company  which  enables  its  policy 
holders  to  invest  in  Government  bonds,  thus  giving  them  additional 
security. 
Mr.  Mclntyre  said  that  it  was  a  dangerous  policy  for  a  young  man 
to  become  a  capitalist  rather  than  a  business  man. 
A  jar  of  the  fruit  from  which  nutmegs  are  derived,  which  was 
presented  by  James  W.  Gladhill,  a  graduate  of  the  college,  was  ex- 
hibited. 
In  this  connection  Professor  Kraemer  called  attention  to  some 
plant  specimens  which  he  had  preserved  by  means  of  a  saturated 
salt  solution.  He  said  that  while  making  some  experiments  with 
seaweeds  at  the  Marine  Biological  Laboratory  (Wood's  Hole,  Mass.) 
for  extracting  the  green  coloring  substance,  he  found  that  by  first 
treating  the  material  with  salt  solution  and  then  with  alcohol  the 
chlorophyl  could  be  extracted.  He  had  found  that  the  salt  solution 
was  also  useful  as  a  preservative,  as  it  appeared  to  preserve  the  color 
better  even  than  formaldehyde,  and  said  that  it  could  probably  be 
recommended  by  pharmacists  as  a  preservative  for  fruits,  flowers 
and  vegetables. 
Florence  Yaple, 
Secretary  pro  tent. 
