The evening world. Newspaper, January 4, 1900, Page 3

THE WORLD: THURSDAY EVENING. JANUARY 4, 1000, ~FIFTY-FIFTH ANNUAL STATEMENT New York Life Insurance Company Nos. 346 & 348 BROADWAY, NEW YORK CITY. JOHN A. McCALL, ... . ch: a President. BALANCE SHEET, “JANUARY 1ST, 1900. —. ASSETS, | ~~ ABILITIES. ; ? market val | Policy Reserve (per certificate of New York Insurance Department), Dec. 31, 1899....+sseseeesees $192,024,261 Vole ont 5 ae St Couey a0 eae hcl clwaern ne ae gtinus gong $14,528,785 || All other Liabilities: Policy Claims, Annuities, Endowments, &c., Yicieiie laetini for payment., 2,990,583 Bonds at hates (AAS first liens)......... secs : . ‘ 36,297,517 || Additional Policy Reserve voluntarily set aside A} the Company. . seccee 3,607,600 Real Estate (72 pieces, including 12 office buildings)...............cc:cccccecctesseees csreceteeeseereeeeeennees 17,082,000 | Accumulated Surplus Funds, voluntarily reserved and set aside wy the ¢ ay, 0 provide Dividends “ & Loans to Policy-holders on their policies as security (legal value thereof $18,000,000) . seve 14,557,714 ‘i re payable fo pie — during 1200, and in subseq “y of. Deposits in Trust Companies and Banks, at interest.......4........cccscsscusseeeqee peueseeyeeenseeaseneseesaes 10,050,049 | aa ade ine Py pment cog Poli the prio of which mtr in 190... 92178407 Y Stocks of Banks, Trust Companies, etc. ($3,556,232'cost value), market value, Dec. 34, 1899... 5,955,500 To holders of ae Dividend Polis. Nececeeee, SOM I94 \ Loans on Stocks and Bonds (market value $4,177,523) ..{....:..ssgselscstectseovssse easmeeeeteennee 3,278,450 | To holders of S-Vear Dividend Policies... ccccsecec secwseceweese 435,904 Quarterly and Semi-Annual Premiums not yet due, reserve charged in Liabilities 2,254,390 | Total in 1900.. sieeve eastunsonteascivets tive) AWS 4 Premiums in transit, reserve charged in Liabilities........./../c:.ccesdsseseeses one 2,206,423 | Secona, h—(Payable to P to Pole. ctr, sa 1900 , Ft: | Premium Notes on policies in force (Legal Reserve secur tate, §3400(000) 1,850,404 || Shesjesessin tstertaye tee oy me Infterest and Rents due and accrued 1,389,116 || i — i| To holders of 5-Year Dividend Policies 279,965 : ‘ | : Other Funds for all other conthguncis..- ea tb rcurntaackt ott aren ire TOTAL AMBETS.....eienridisugrionsannritelltsteicuencabmreenraanns $236, ss $298/450,348 TOTAL LIABILITIES... enn nnnnsnnnsiinnnnngeiinna New Premiums (Annuities, $1,517,928) || Paid for Losses, Endowments and Annuities.......c..cc.ccccscscsessecsssessssseesseccsesssscsvcesscesecasvanse $16,022,766 % Renewal Premiums | Paid for Dividends and Surrender Values...............:::ccc:cccsecesssssseee sesseeesseceeeecssesesensseesnaes 6,184,209, . Commissions and all other payments to agents ($4,628,069) on new business of $202,309,080; Be sited Medical Examiners’ Fees and Inspection of Risks ($527,799) ...sssesasessssesseesseesse 5.155868 || Home and Branch Office Expenses, Taxes, Advertising, Equipment Account, be Postage, gs Commissions on $859,562,905 of Old Business, and Miscellaneous Expenditures.......... 5,382,527, | Balance—Excess of Income over Expenditures for year...........-ssusssssssssssssssssesssesersasessssennees 19625893 10,232,761 Ps $52,371,263 | TOTAL EXPENDITURES AND BALANCE. ............----ssssscsssssssssssssssssssssssesseseeee $52,371,268 ae ee tele i ADU LSN EALIDS ODIO SORE SAPNSDE Odo nh cs ht 8 etree = ~~ {| INSURANCE ACCOUNT, COMPARISON, For giGHT YEARS. ON THE BASIS OF PAID-FOR ‘BUSINESS ON LY. | _ Number of Policies. Amount. Assets , . , $125 947 50 sea ken 348 $110, 0,503, 058 F, In Force, December 31, 1898....0...0-sscecssceecevecsvcee cones - 373,934 $944,021,120 | Income 31,8 54, 194 52,37 20,51 7,06 : New Insurance Paid-for, 1899........... 99,357 202,309,080 jj Divi disnite ot Year 6 ) Old Insurances revived and increased, 1899... wee 4,416 2,873,077 ! TOTAL PAID-FOR BUSINESS..........0..csceecccscssessesecsccees or §,1@,0327 | _ Policy-Holders , 1,260, 340 2, im 748 1,508,408 Total Payments of Year 22 206.977 ee to Policy-Holders 12,671,491 ; \ DEDUCT TERMINATIONS: ie || Number of Policies By Death, Maturity, Surrender, Expiry, &c.......ec.cccsccsccecsevenescs _ 36,634 87,331,292 | in Force or. 182, 803 437. 776 PAID-FOR BUSINESS IN FORCE DECEMBER 31, 1699........ssssecsseees 437,776 ~—‘$1,061,871,985 | Insurance in Force Gain in 1899.... ws cy aieete Ue sa a 63842 = $117,850,865 | __ Premiums Paid $575,689.649 $1,061.871.985$486.1823 5 “Certfcate of Superintendent of State of New York. Insurance Department. ‘ so a cer ete soraee et beet, Soes We mamas conan, ofthe Cty of New York, tn the State of New Yor Seg ts ag IFUR Freky preder conte h- yA , E. be 07 eked sonic a7 Sone. opens Law th Sn of New Yor. hee cad the per cbigton th mid Compr, cttaning eo he 3a doy of De — $236,450,348, The general Liabilities, $2,990,583, iss ap sda bs nn, ating Snes Te std Py Rr at wie y txcomsin, ——' (“(‘étz‘,NG, BOA. $3,507,699, Ths Acme Serpe Ponds cay ed nd ke Cain ones pal pole in 1900, and in subsequent years, “t f. \ ! Contam B= $28,862,962. ee | $9065422, -. PETS WRI, i ys dy el lw ed oa, the dey and year first above. written: cae mere os eee _ r " A beet X: ‘ ’ a - A ~ DR. I Se A ee ae