The evening world. Newspaper, March 3, 1905, Page 7

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rosie ae: hai hin i al tua SURPLUS It Is a Tangible and Most Important As- set, Available for Pyrotechnic Finan- cial Operations, and No Detailed Accounting Has to Be Made. “ask any of the big insurance men het the eurplus ie, ‘he will talk to ou for an hour about it Ask him (WHERE it.is—and he will show you fthe door,’ i ‘This was the dictum of @ man very . lose to the centre of live insurance olr- les when asked to-day what became of the vast sums of money yearly taku. fated by the big insurance companies aa *eurplus," ‘The Equitable Life Assurance Boctety atone controls anywhere from $2,000,000 to $4,000,000 of surplus, (t is sald, for which no accounting oan be made, The axsets of the principal compantes mount toward half a billion doliers, The sur- plus is well up in the millions, ‘Where fs this surplus? ‘What record of {ta disposition ean be found in the companies’ re- porte? To whom does it rightfully be- fongt Theso are three questions which, by thelr directness, should find @ ready answer, Judging, however, by the ap- parent absence of logicul oxplanation, they threaten to form a trilogy whose welled abstruseness makes the tradi- tional “Ann's Age’’ problem look like ® primary sum. H Capital Lese Plentiful. When the chief insurance companies ‘were organized, half @ century or more ago, capital was by no means as easy to find as it 1s to-day, Hence mutual organizations of stockholders wero formed which (through , thelr own oredit or the credit of thelr members) would be enabled to carry out and ful- fil the especial insurances planned. Hence a number of business men backed the companies with thelr notes for several thousand dollars, These notes formed the companies’ capitall- gation aid served as pledges that loases would be pald. So profitable, however, did the in- purance business become that the notes fwere not only covered but a surplus began to roll up. . This surplus has been swelled by year after year of prosperity, until now the largest companies control among them many millions of dollars, which can only be tabulated as surplus, They thus find themselves in the unique position of controlling untold @ums of money for which they, appar- ently, can give no accounting, This sur- plus belongs to some one, To whom dee {t belong? It 1s a percentage of the | will company’s assets, which cannot sanely be regarded as negligible, or put down to profit and loss. Again the Conundrum, . ‘The capitalization fund is generally supposed to cover unexpected loses, But whet purpose does the surplus nerve? The foregoing are questions that many policy-holders in New York-—~and, indeed, throughout the country—are asking, If there in a definite and legiti- mate purpose which the millions of surplus are serving, it is con= aldered strange by these policy- holders that no itemixed record of auch purpose cau be found among the many columns of annual, semi- annual and monthly reports pub- Mashed by the various corporations, Tt 1s vaguely referred to es “deferred dividends," but the dividends seem long-deferred, and the reply does not wholly gratity the very natural curi- osity of the premium-payers, Two solutions to the surplue problem were at one time advanced by Now York logal authority employerd for that object, The first plan was thet the in- surance corporation must cease to take on new buvines, Tho atternative was that they must continue to increase thelr already enormous assets and their Gurpluses, The first @uggestion, of course, met with prompt veto; aa to refuse or limit new business meant total or partial paralysis of the whole inaurance system, If, however, the al- ternative were accepted, the annual surplus would continue to pile up’ in still greater ratio e year, ee oa aye fi} insurance mat- to-day lsot.main, - plus question; eee Ideas of an Expert. “Tt {9 diffloult to decide offhand just where the surplus really belongs, It is sometimes capitalized for the pouleye ‘holders; it may also be used aa margin to protect the investments of the oom: pauls, Much of it ls undoubtedly used in what many term ‘extravagant meth- ‘ods' of gaining new business. By this I mean the exorbitant commissions paid to agents for each new policy-holder secured, The advocates of this expen- diture claim that such extravagance ig necessary in order to bring in plenty of business and to save the companies from dry rot, “When, as under the present tontine systems, a company often does not have 0 gccount to the individual pobloy- holders for fifteen or twenty years et @ time, it is apt to wax extravagant, in the idea that in the long run the @x- ertain fel joy-holders 0 the Hquitable are Sienuloe: ‘notion in the matter of eurplus. This, taken in con- junction with Benator den's @ug- gestion for Federal supervision, and the clash between the Hquitable's two fac- tions, all tend to ehow that the surplus question 1s one which demands an early and satisfactory answer, ao pas paswor is not to be found in ¢ conporations’ published reo- , and the question remains— “Where is the surplus?” ————— Mrs. Maybrick’s Visit to Sing Sing. ‘The recent visit of Mrs, Florence B. Maybrick to Sing Sing State Prison was @ notable event, Wor the first tine in history @ former convict was permitted to visit New York State's penal inatitu- tion, Mrs, Maybrick’s was ar. ranged by courtesy of Superintendent of Prisons Colina, who gave her the entree to Bing Bing ond ey Biate Upon request of The Sunday World, re. Maybnok's investigation of the principal prisons and reformatories of he East she has incorporated in 3 se n inning Sunday, ‘They are to be finely fllustrated with whotomraphs taken es- pecially fo this rerles, / THB HOUSBIS MADE BRIGHT AND COSY WITH DIAMOND DYES Pillows and Table Covers, Cur- tains,Portleres, Atghans, Tidies, and Chair Coverings may be dyed beautifulandartisticcolors ‘We have a jal department of adv’ ae, sna ime ot eaota en pou, jook and 45 Dyed Samples 5 DIAMOND DYES, Burlington, Vt. The Best Shoes for Everybody. Our Basement is the Cheapest Family Shoe Store in the city at all times, but when we give these Special Sales the values are extraordinarily high and the prices extraordinarily low, No one in need of good shoes can afford to miss such an opportunity, Women’s Black Kid, Patent Leather Tips, Lace and Blucher, Womens Black Kid Button and and Kid tips.......... Women’s Black Kid Button and Lace, old Lad Lace, Patent Leather Shoes and Sister Shoes,...... Men’s Box Calf, Black Calf and Patent Leather Lace, $ 1 ' 50 double soles.......,. Child’s Box Calf Button and Misses? Box Calf Button and 75° Boys’ Satin Calf Lace, double soles, sizes Lace, sizes 6 to 1014 ...006 214 to 5)4 Store Open Saturday Evenings. ALFRED J. CAMMEYER, 6th Ave., Cor. 20th St, ty Men’s Black Kid, Velour and Box Calf Lace and Patent Leather Button and Lace, $9.00 Late) Bey leather $ 1 ; 50 Lace, sizes OR revness ne S100 ‘Al Woe VISIT EAST SIDE Farmers Who Came to Attend Pure Milk Conference Make Pérsonal Inspection of Condi- tions in Tenement Section, TAKE EVENING WORLDS HOME TO CIRCULATE. Account of Conference Printed Therein to Be Distributed at Binghamton Meeting—Getting Evidence Against Embalmers. Almost all of the farmers who came to Now Yorke to attend the milk con- forence Wednesday evening stayed in town yesterntay and visited the east side, Every one of them bought a lot ‘of Evening Worlds to take home, and ‘the repont of the meeting and The Evening Workd will be olroulated among He) body who ‘will be present at ‘tha mili convention at Binghamton on ‘March 7, i A committee of mitk producers walked and other crowded streets and ex. amined not dniy the milk cans and ways ont a ot through Orchard, Forsyth, Rivington |gne toes and’ other farm produce are sold, They were! astonished both at the bad quality of the stuff sold and at Ane prices charged, Criticlced Vegetables, “We wouldn't feed those cabbages and apoles to our pigs,” sald one fare mer, pointing to a push-cart loaded with half-rotten apples and a few de caying cabbages. Mhe editors of the east side newe- papers are forming a committee of odi- tors to act with the commitkee appoint- ed by Chairman Johnson, All of the east side papers have signified their indorsement of the. movement, Representatives or several large whole- salere have manifested a conciliatory spirit elnoe the earnest demonstration of the farmers and the officials of the State Department of Agriculture and the City Board of Health, A most fa-| f vorable omen of the succes of the pure mk movement for the east side wes the offer of two representatives of large wholesalers to furnish the names of severed of the milk rectifiers and embalmers who supply the east ee with bed milk, with » view to ‘having Dr. Darlington put them out of ‘business, Gathering Evidence. Eyilence is now bali wathered against the three Ineding mi diluters and embelmers, and | Darlington thet he expected to @ of them shortly, names of these men were of general knowl soe the dealers, and the r x} lore, who are ninety-five per cent, the 11,000 milk dealers in Greater New York, will welcome the dniving out Of the black #heep, No further action will be taken by conference committee until after ¢ Binghamton convention, when the ines of the farmers’ orguni- n will report the action of Wednes- meeting to their ents, For your next breakfast try a cup of BENSDORP'S ’ Don't forget you save lf The Cocoa with the Yellow Wrapper. Free trial sample on receipt of address by Stephen L, Bart- lett, Importer, Hoston, SUNDAY WORLD WANTS WORK MONDAY MORNING WONDERS, Men’s and Boys’ Collars, 40c. Half Dozen. Value 15c,, 2 for 25c, in Floor, 60th Bt, Becton. About six hundred garment! ure, The materials are of Montagnacs, ings. These £10.00 to $15.00 Coats Special Sale of misses and children at extremely models, every one, White Party —a | sort pretty fles, with lace Girls’ Lawn Organ lace, Skirt with two rows of Insertiny Lawn with square yoke of all-over lace Girls’ High-Class Dresses, cloths and wey Were $7.98, $8.98, $10.98 and $13.50; ed, trimmed with braid or buttons. Men’s & Wome morrow and amples: ments. St ‘Watches, ranted for Jewel stan ments, Men's Solid Gold Watches, say plump 8 kt, They ar Elgin movements, Speci. These watches are in the fashionable All Cars Transfer to 35 new, Upito-date styles for choice, styles, many materials, All sizes, 32 to 44 bust meas- Silk Plushes and Velours, Finest All Wool Kerseys, and Neat Novelty Mixtures, in black and colorings; finest heavy guaranteed satin lin f ments are made in the most approved styles, with highest class workmanship throughout, £18.00 to $22.50 Coats, Children's Fine mx with round or Square yokes, full dee broidery, Ages 4, 6,8 years. $1.98, §2.98, Organdy and with tucks and face, Ages 6 to 14 years...seerseres in odd sizes, consisting of plain cashmere serges, mixtures, all differently trimmed. Ages 6 to 44 years, Tow’. $8.96, $6.98 and $7.98 with pin to mateh in pretty plush box, Sold elsewhere at $7, Special, Men's Thin Model Open Face and Hunting Case Special. . are fitted with Waltham and Elgin movements. Sp 's in the lot—many Chevtots Also quite a varied assortment of $25.00 to $30.00 Coats, in the most approved style, at.. $11.75 This is a Bloomingdale sale that will long be remembered for its,really phenomenal values, Girls’ Dresses. Some very exceptional opportunities are offered at Blooming- dales’ to-morrow for securing some high-class arments for girls, low figures, This season’s newest Lawn Dresses large as- ment of styles, rule trimnied elther or em- $4.98, Whit Dresses, dy with _ inted yoke, tucked with lace inserting, ruffle with Inserting and edged with g, extra drop skirt, , deep ruffle, skirt $5.49 and $6.98 Misses’ Skirts in New Spring Mixtures, plain and covert cloths, seven pleat- Ages 14 to 16 $3.98 and $4.98 ‘Second Floor, 80th Bt, Seotion. n’s Watch Sale, If in need of a reliable watch at a modest price come to the Bloomin Watch Store to- choose from hundreds of different designs, of which the following are but ex- Women’s Enamelled Watch Sels in many beautiful colors, open-face style, fitted with jewelled moye- Every watch $3.49 em winders and setters, engraved and engine-turned cases, War- five years, They are set with seven- ant $19.50 ndard Aw Men's 14kt, Solid Gold Watches, jn engraved and engine-turned hunting cases, 12 size thin models, and $24.50 Front, Centre, ‘Alt CARS TRAnSstEp To Leanetn To 5° AueF 591000" Sr. A Gigantic Clean-Up Sale of Women’s Stylish Winter Coals. Men's and Boys’ Cuffs; ° 60c. Half Doz. Pairs Value 25¢, palr, Five styles; all popular shapes.’ Main Floor, 60th Bt, Beotion, “ ; ” Airlight” Lamp, 50¢, The New Bloomingdale Light, This new light is 80 constructed that you can have a low or high flame by simply turning the burner, thus saving an extra check, It has a good mantle and an alrhole opal chimney, hie iat contract. ed for a large quan- tity of these shies, which puts us in an exclusive po- sition to name this 50c low price for the com- plete lamp all ready to ut uy —————— 9, Women’s Lisle Pi ) wisn baled al Lei We have Just purdhi pairs! of women’s 2-Clasp .lisle thread gloves at about Soc. on the dollar and shall turn them over quickly at a-small"profit. Colors: Tans, modes, grays, black and white, Sizes: 544 to 84, Gloves that would be considered cheap at 25c,; at Bloomingdales’ to- morrow for 15c, Mal Beoond Floor, 50th St, Seotion, in Floor, 69th St. Hosiery Specials torTo-Morrow AT Be, Men's Silk Embrotdered SocKs in av. riety of! patterns to choose from. All sizes, VALUE 5c, \ ; Men's and Women's iste thread hostery, in AT 12) fancy mixtures and lace openwork lisle thread, in aCry variety, of styles; also blacks and tans, Goods that VALUE 25c. Hie i asc, the whole year round, Nice patterns and all sizes, | AT 10 Men's and Women's Imported cotton hos ” fery, with fancy silk-embroldered insteps; also plain VALUE 35¢, blacks and tans, Alldyed by Louls Hermsdorf, Very ——————"_ neat designs. Worth nearly double our price, All sizes, AT 290. Women’ cobweb tiste thread hostery, silk "9 hand -embroldered insteps; blacks and tans, Most” VALUE 50¢. beautiful combination of embroidery effects ever seen in stockings, Fully worth 50c, a pair. All sizes, ? AT 6¢,, ‘ Wier ‘ plain a cotton Hae pi seamless. It wi ou to everal pairs VALUE 1244¢, | 120, ttockinee Ihe in as tls one o the tiene bargains In hoslery ever offered, All sizes, Lia ae la il Heavy Ribbed Cotton Md eTY+ Double knee, A strong, serylceabl VALUE 19. | stocking that will stand plenty of hard weir,” All sizes, Main Floor, 59th St, Beotton, Trimmed Hats, Special at $5.00 The Bloomingdale Millinery Salon on the second floor, ever alert to the first signs of spring, will hold tomorrow an advance sale of es new styles in trimmed hats designed expressly for immediate wear, These are mostly copies of the accepted models in fine imported hats for the spring of 1905, and are made of silk straw braids and Pyroxaline, combined with chiffon and maline, and trim- med with roses, foliage and fruit. Also chiffon hats in al! the new shapes and most popular col- orings, seibual vid trimmed with ribbons and flowers, $5 00 Choice of the entire assortment. ....++seeeerees . Becond Floor, 80th St, Section, Men’s Spring Negligee Shirts. With Attached or Detached Cuffs. The material is a splendid quality of woven madras, showing the new raised and cross striped effects so stylish this season, The colorings are clear shades of tan, blue and slate, They are well made and handsomely laundered, You will recognize them as exceptionally pretty pat- hA9e terns and good value at Saturday's special price of....... Sizes 14 to 17, Main oor, Oth St. Section, —Bloomingdale Brothers __ Lexington to 3d Ave., 59th to 60th Street. ‘ | | ‘We sell American clothes for American men, But if London or Vienna sets a style that’s goo signer reproduces it, and if the looms of Scotland cloth that we cannot imitate without sacrificing the then we buy that cloth direct from Scotland, ° Generally, however, ‘Unitedstatesian”’ style, ba jer are good enough for us. ‘And we think any well-dressed man will find’ enough for him. | i A visit to our Spring exhibition of men’s vince Mo that we are about right, rteous salesmen in our Four Convenient lad to ‘just show” you the new suits, top coats, ral in our Spring stock, Prices of raincoats and light 0 from $10 to $30. Suits, $10 to $28. { Our Custom- $ Tailored Suit | ‘The Sult that will hold its shape until worn out, you with ease and comfort, and that will exhibit a you'd never expect at a price so low. This Suit differs ordinal $10 suit in that the coat has interlinings of linen stead of burlap; front stiffening of haircloth instead of serge 1th instead of cotton, and hand work on collars, lap shoulders Instead of machine. Black or fancy Suits, s| double breasted; all sizes and extra sizes are here, Wi these Suits and will replace every unsatisfactory one with an Special with us only at $10. Custom Tailor Topcoats, Spriz coats and $] Raincoats at ‘These garments are as good as the Suits at $10 Just 4 Hand work, rellable material and honest trimmings make vels of value. New Spring models in youths’ clothing. Suits coats start at $6 and $8, i Complete lines of boys’ Spring clothes, including our “Dudley Four-in-One Combination Suit (a bloomer Norfolk, plain Norfolk, bloomer double-b plain double-breasted-—all in one), at $3.95. Men’s and boys’ furnishings at lowest prices compatible goodness, Spring 1905 styles in shoes and hats for men’ and We can clothe you from head to foot, , , Go to Get the Habit. 279 Broadway, Near Chambers Street, 47 Cortlandt Street, Near Greenwich, 211, and 219 Sixth Ave., near 14th, 125th Street, Corner Third Avenue,

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