382 
Editorial. 
Am.  Jour.  Pharm. 
July,  1888. 
Elixir  of  Theine  Hydrobromate. — The  quantity  of  acid  directed  in  the  for- 
mula, published  on  page  282,  should  be  f^i  (instead  of  f^i).  The  corrected 
formula  reads :  Theine,  90  grains ;  dilute  hydrobromic  acid  and  water,  of 
each,  1  fluidounce;  elixir  of  orange,  sufficient  for  one  pint. 
The  Druggists^  Mutual  Fire  Insurance  Company  has  been  brought  to  the 
notice  of  the  members  of  the  drug  trade  who  were  present  at  the  recent 
meetings  of  the  various  State  Pharmaceutical  Associations.  A  year  ago 
the  company  was  organized  under  the  auspices  of  the  National  Wholesale 
Druggists'  Association  ;  a  charter  was  obtained  under  the  laws  of  Pennsyl- 
vania, and  active  business  was  commenced  October  17th,  1887.  The  central 
office  is  located  in  Philadelphia  in  the  Forrest  building,  119  South  Fourth 
street,  and  the  business  is  conducted  by  a  Board  of  Directors  and  an  Executive 
Committee,  composed  of  prominent  druggists,  residing  in  the  principal 
cities  from  Maine  and  the  Atlantic  States  to  Louisiana  and  Minnesota. 
The  original  capital  consists  of  an  advance  premium  fund  of  $100,000, 
bearing  six  per  cent,  interest,  and  it  is  intended  to  reserve  the  accumulating 
profits  until  a  capital  of  $200,000  is  secured,  when  the  profits  will  be  em- 
ployed in  cancelling  the  scrip  certificates,  to  be  issued  annually  to  the 
policy-holders,  after  the  profits  for  the  past  year  have  been  determined. 
The  rates  of  insurance  charged  are  the  same  as  those  established  by  the 
stock  companies;  but  the  policy-holders  will  participate  in  the  profits,  the 
dividend  scrip  bearing  interest.  In  this  manner,  the  benefits  of  the  com- 
pany are  mutual,  and  the  policy-holders  are  exempt  from  all  assessment. 
Though  organized  by  druggists  primarily  for  the  benefit  of  druggists,  the 
company  will  accept  also  risks  of  buildings,  household  goods  and  other 
property  of  no  more  hazardous  nature  than  drug  stocks,  a  careful  scrutiny 
being  made  of  both  the  moral  and  material  hazard. 
Moreover,  the  company  considers  it  as  a  prominent  part  of  its  mission  to 
encourage  by  every  possible  means  the  thoughtful  consideration  of  all 
methods  for  reducing  fire  hazard,  and  thus  to  lessen  the  losses,  and  increase 
the  amount  of  dividend  to  each  policy  holder.  A  circular  intended  to  be 
posted  in  conspicuous  places,  has  been  issued,  giving  plain  and  intelligent 
advice  in  regard  to  the  storage  and  handling  of  goods,  waste  and  packing 
material;  the  use  of  lamps,  gas,  steam,  electricity,  and  to  other  matters 
which  under  various  circumstances  may  cause  explosions  or  conflagrations. 
The  present  officers  of  the  company  are  Robert  Shoemaker,  president, 
Edward  H.  Hance,  treasurer,  and  E.  R.  Hunt,  secretary. 
The  National  Formulary  of  Uuofficinal  Preparations  will  be  issued  before 
the  present  number  of  the  Journal  reaches  our  readers.  It  contains  about 
190  octavo  pages,  and  gives  435  formulas  for  preparations  in  daily  use  by 
pharmacists  and  druggists.  As  stated  in  our  last  number,  it  will  be  for  sale 
by  the  acting  authorized  agents  of  the  American  Pharmaceutical  Associa- 
tion, also  by  wholesale  druggists,  booksellers,  and  others  interested  in  the 
work.  The  price,  including  postage,  has  been  fixed  at  75  cents,  bound  in 
cloth ;  $1.10,  cloth,  interleaved ;  90  cents,  cloth,  with  raised  nails,  and 
$1.10  bound  in  sheep. 
