Judge — January 28, 1899 — page 11: what you’re looking at

Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.

FIFTY-FOURTH ANNUAL STATEMENT W-YO RK LI F Insurance Company, Nos. 346 & 348 Broadway, New York City. JOHN A. -McCALL, PRESIDENT. BALANCE SHEET, JANUARY ist, 1899. 7 ASSETS. LIABILITIES. United States, State, City, County and other Bonds (cost } | Policy Reserve (per certificate of New York value $15,687,034), market value, Dec. 31, 1898 ...... $121,579,619 Insurance Department) Bonds and Mortgages (777 first liens). | ~ 39,002,758 || All other Liabilities : Policy Claims, Annuities, Real Estate (68 pieces, including twelve office buildings).... 16,539,000 || Endowments, &c, awaiting presentment Deposits in Trust Companies and Banks, at interest 8,434,786 |) for payment. 2,358,383—G1 78,068,632 Loans to Policy-holders on their policies as security (tegal Additional Policy Reserve voluntarily value thereof, $16,000,000). . 9,818,600 set aside by the Company 2,838,626 Loans on Stocks and Bonds (market value $9,229,702). 7,399,845 || Surplus Reserved Funds voluntarily set Stocks of Banks, Trust Companies, &c. ($4,532,086 cost value), aside by the Company... 2 26,414,234 market value, Dec. 31, 1898. 6,050,83 || Other Funds for all other c 8.623,319— 37,876,179 Premiums in transit, reserve charged in Liabilities. 2,280,188 = Quarterly and Semi-Annual Premiums not yet due, reserve charged in Liabilities Interest and Rents due and Premium Notes on policies in fore cies, $2,500,000). . 1,320,423 TOTAL ASSETS. a $215,944.81 | TOTAL LIABILITIES $215.944.811 $175,710,249 2,087,274 1,440,487 CASH INCOME, 1898. E EXPENDITURES, 1898. New Premiums. $7,644,715 Paid for Losses, Endowments and Annuities .. SA $15,390,978 Renewal Premiu 27,987,933 Paid for Dividends and Surrender Values ee 6.128.888 TOTAL PREMIUMS ss $35,632,648 || Commissions ($3, 320,904.33) on New Business of $152,093.- Interest on: 369; Medical Examiners’ Fe nd Inspection of Ris Bonds.... ++$5,740,819 = ($449,428) . rest an 35779,332 Mortgages... ++ 15940937 Hosne Saal BesnehV Office Bxpenses,<Taxes; “Advertising, Loans to Poli ecured by reserves Equipment Account, Telegraph, Postage, Commissions on polici 628,638 on $791,927.751 of Old Business and Miscellaneous Ex. Other Securities. 391.353 penditupes tires. : vse vele ans Mee: mE RUN 5,208;754 Rents received. 875,741 4 ’ Dividends on Sto 221,780 Balance—Excess of Income over Expenditures for TOTAL, INTEREST, Reneé &e... i 9,799,268 14,932,964 TOTAL INCOME.. ++ $45,431,916 $45,431,916 _ INSURANCE ACCOUNT, COMPARISON FOR SEVEN YEARS. ON THE BASIS OF PAID-FOR BUSINESS ONLY. (1891-1898.) Namber of Policies. Amount. cu Bist, 1801, Dee. 31st, 1898. Gain in Seven Yrs, In Force, December 31, 1897.. 332,958 $877,020,925 || Assets . . . . .$125,947,290 $216,944,811 $89,997,521 New Insurance Paid-| ‘or, 1898 . 73,471 152,093,369 || Income. : 31,864194 46,431,917 13,677,723 Old Insurances revived ‘and increased, 1898... 835 2,129,088.|| Dividends of Year to TOTAL PAID-FOR BUSINESS. 407.264 $1,031,243,982 || ,bolieyHolders =|, 1,260,840 2,759,482 1.499,082 DEDUCT TERMINATIONS: Year to Policy-Hold- By Death, Maturity, Surrender, Expiry, &. _33.330 87,222,862 ||_ers | 19,671,401 21,619,865 8,848,374 Paid-for Business in Force Dec. 31,1898 _373.034 _$044,021,120 Number of Policies in Force ci 3 182,803 378,934 191,181 Gain in 1898 a 40,976 $67,000,195 || Insurance in Force, New Applications Declined in 1898 . is 6,142 15,986,836 || Premiums Paid $675,689,649 $944,021,120 $368,381,471 Certificate of Superintendent of State of New York Insurance Department. ee ise Loe it How tort, in tho Ba rintendent of Insurance of the Btat th NEW-yoRE LOYe TNSunaN COMPANY, if the City F New York, in th tata of Now ‘Fork, isd dul; (authorised te cane oot heated in this State. : in accordance with the provisions of Section Righty-four of the insurance law of the State of New York, I have caused the policy obligations of the said Gem outstanding on the Slst day of Decem| ed the Combined Experience Table of Mortalit a hour per ees naial pany, utstanding on the Slet day of ber, 1898, to be valued as per the nce Table o 7, THEN CERTIFY thay the admitted esete avo $215 944, 811. 383. THE NET Port oY RESERVE, AS CALCULATED BY THIS DEPARTMENT, $175,7 10,249, IABILITIES $2,358, MAKING THE TOTAL LIABILINES PES Skee eAwE THE ADDITIONAL POLICY RESERVE VOLUN. $178, 068, 632. TARILY SET ASIDE BY THE COMPANY, $2, 838, 626. TARILY GET ASIDE BY THE OOMPANT, OU $26, 414, 234. Cheah iaaaabtehe barat 32) 623, 319. J s ae IN WITNESS WHEREOF, I have hereunto subscribed my name aid caused my’ official seal to be 7; Ag affixed at the City of Albany, the day and year first above written. Superintendent of Insurance. comicbooks.com.