NEW YORK LIFE INS. Co. OFFICE, Nos. 346 & 348 BROADWAY, NEW YORK. JANUARY 1, 1890. Amount of net assets, January 1, 1889.. Premiums.. REVENUE ACCOUNT. Less deferred premiums, January 1, 1839.. Interest and rents, etc... Less interest accrued January 1, 1889.. .$26,021,655 96 .$89,824,336 19 1,435,734 86-$24.585,921 10 5,028,950 38 451,605 24 DISBURSEMENT ACCOUNT. Losses by death, and endowments matured and discounted (including reversionary additions to same). Dividends (including mortuary dividends), annuities, and purchased insurances..... Total paid policy-holders... 4.577.345 14-$29,163,266 24 $118,987,602 43 $6,252,095 50 5,869,026 16 $12,121,121 66 252,737 17 Taxes and reinsurances..... ASSETS. Cash on deposit, on hand, and in transit.. $5,917,837 72 Real estate.. 56,412,163 41 13,242,871 87 Bonds and mortgages, first lien on real estate (buildings thereon insured for $14,400,000 and the policies assigned to the Company as additional collateral security).. Temporary loans (market value of securities held as collateral, $4,671,563)...... *Loans on existing policies (the reserve on these policies, included in liabilities, amounts to over $2,000,000). *Quarterly and semi-annual premiums on existing policies, due sub sequent to January 1, 1890.... Premiums on existing policies in course of transmission and col lection. (The reserve on these policies, included in liabilities, is estimated at $1,700,000). Agency balances Accrued interest on investments January 1, 1890. Market value of securities over cost value on Company's books... *A detailed schedule of these items will accompany the usual annual report" filed with the Insurance Department of the State of New York. TOTAL ASSETS, January 1, 1890 Appropriated as follows: Approved losses in course of payment. Reported losses awaiting proof, etc.... Matured endowments, due and unpaid (claims not presented). Reserved for reinsurance on existing policies (Actuaries' table 4 per Surplus by the N. Y. State standard (including the Tontine Fund). From the undivided surplus, as above, the Board of Trustees have declared a reversionary dividend to participating policies in proportion to their contribution to surplus, available on settlement of next annual premium. Returns to Policy-holders. VOL. XXXVII.] ESTABLISHED BY EDWARD L. YOUMANS. I. New Chapters in the Warfare of Science. VIII. The Antiquity of 157 III. Atmospheric Dust. By Dr. WILLIAM MARCET, F. R. S... ... 177 IV. On Justice. By HERBERT SPENCER. (Concluded.). 183 V. Evidences of Glacial Action in Southeastern Connecticut. By 196 202 211 VI. Utility in Architecture. By BARR FERREE... 217 IX. Tin and its Native Land. By M. B. DE ST. P. LIAS. (Illustrated.). 233 Portrait.)... XIII. Correspondence: President Hill's Defense.-The Suspension Bridge.. XV. Literary Notices... XVI. Popular Miscellany... XVII. Notes... 257 265 267 271 280 286 COPYRIGHT, 1890, BY D. APPLETON AND COMPANY. Entered at the Post-Office at New York, and admitted for transmission through the mails at second-class rates. YEARLY SUBSCRIPTION, $5.00. |