Life, 1898-02-17 · page 17 of 20
Life — February 17, 1898 — page 17: what you’re looking at
What you’re looking at
This page is not a cartoon or satirical content—it's a corporate advertisement and financial statement. The Equitable Life Assurance Society of the United States presents its 1897 financial performance and company officers (Henry B. Hyde, President, and J.W. Alexander, Vice-President). The page displays insurance metrics: outstanding policies worth over $951 million, new policies written, claims declined, income, assets, and payments to policyholders. It appears in *Life* magazine as paid advertising meant to demonstrate the company's financial stability and trustworthiness to potential customers. There is no satire or cartoon content to analyze on this particular page.
📄 Transcribed text from this page (OCR, searchable)
Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES. Outstanding Assurance Dec. 31, 1897 $951,165,837.00 New Assurance written in 1897 156,95 5,693.00 Proposals for Assurance Examined and Declined 24,491,97 3.00 Income in 1897 48,572,269.53 Assets Dec. 31, 1897... 236,876, 308.04 Reserve on all existing policies (4 per cent. standard) and all other liabilities 186, 333,133.20 Surplus, 4 per cent. standard 50,543,174.84 Paid Policy-Holders in 1897 21,106,314.14 HENRY B. HYDE, PresIDENT. J. W. ALEXANDER, V.-P.