Page:Popular Science Monthly Volume 44.djvu/908

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FORTY-EIGHTH ANNUAL REPORT OF THE

New York Life Ins. Co.

Office: 346 & 348 Broadway, New York.

January 1, 1893.

This is the only Company holding an Official Certificate of Examination, of recent date, from the State Insurance Department. The Assets, Accounts, and Surplus to Policy-holders have been certified to under the seal of the State by the Insurance Superintendent.

ASSETS.

Real Estate $12,531,016 75

Stocks and Bonds 86,680,177 5'

Bonds and Mortgages 24,236,785 51

Loans secured by collaterals 3,916,000 00

Premium Loans 1,056,850 03

Cash in Office and in Banks and Trust Companies 4,201,283 68

Interest and Rents due and accrued 971,810 14

Net Amount of uncollected and deferred Premiums 3,865,275 37

TOTAL ASSETS $137,499,198 99

LIABILITIES.

Reserve, or Value of outstanding Policies $119,075,888 00

Other Liabilities 1,618,362 89

Total Liabilities $120,694,250 89

Surplus, being the same amount which will be shown to be the Company's Surplus by the Annual Report of the New York State Insurance Department as of Decem- ber 31, 1892 :. $16,804,948 10

INCOME.

Total Premium Income $25,040,113 93

Interest, Rents, etc 5,896,476 90

��Total Income $30,936,590 83

DISBURSEMENTS.

Losses paid $7,896,589 29

Endowments paid 1,114,301 99

Annuities, Dividends, Surrender Values, etc 4,984,121 05

Total paid Policy-holders $13,995.01233

Commissions 4,178,316 60

Agency Expenses, Physicians' Fees, Advertising and Printing 1,851,246 18

Taxes, Salaries, and other Expenses 1,629,715 63

Total Disbursements $21,654,290 76

Number of Policies issued during 1892, 66,259. New Insurance, $173,605,070.

Total number of Policies in force January 1, 1893, 224,008. Amount at Risk, $689,248,629.

NOTE AS TO STATEMENT. The above Statement corresponds In all respects with the Official Report of the Company as it will be published T)y the State Insurance Depart- ment. No Assets, not acceptable under the law of the State, or the Regulations of the Department, are included, and the SURPLUS (!Sil6,8(I4,948 10) IS THE EXACT SUM THAT WILL BE SHOWN BY THE SUPERINTENDENT'S ANNUAL REPORT.

��JOHN A. McCALL, President.

HENRY TUCK, Vice-President. C. C. WHITNEY, Secretary.

A. H. WELCH, Second Vice-President. T. M. BANTA, Cashier.

G. W. PERKINS, Third Vice-President. J. A. BROWN, Auditor.

R. W. WEEKS, Actuary. D. P. KINGSLEY, Superintendent of Agencies.

C. N. JONES, Associate Actuary. A. HUNTINGTON, M. D., Medical Director.

H. C. RICHARDSON, Assistant Actuary. S. H. CARNEY, M. D., Associate Medical Director.!

E. N. GIBBS, Treasurer. M. L. KING, M. D., Assistant Medical Director.

H. S. THOMPSON, Comptroller. O. H. ROGERS, M. D., Assistant Medical Director. ^

TRUSTEES.

WILLIAM H. APPLETON, JOHN CLAFLIN, WM. B. HORNBLOWER, HENRY C. MORTIMER, HIRAM R. STEELE,

C.C.BALDWIN, CHAS. S. FAIRCHILD, WALTER H. LEWIS. RICHARD MrjSER, WM. L. STRONG,

WILLIAM A. nOOTH, EDWARD N. GIBBS, WOODBURY LANGDON, AUGUSTUS G. PAINE, HENRY TUCK,

WILLIAM F. BUCKLEY, WILLIAM R. GRACE, JOHN A. McCALL, EDMUND D. RANDOLPH, A. H WELCH,

WILLIAM C. WHITNEY.

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