'Cbe Conservative * 15
DESIGNATED DEPOSITARY OF THE UNITED STATES.
National Bank of the Republic
OAJPITAZ , , OKB MILLION DOLLARS.
JOHN A. LYNCH , President. W. T. FENTON , Vice President and Cashier.
J. H. CAMERON and H. R. KENT , Asst. Cashiers. R. M. McKINNEY , 2d Asst. Cashier.
FIFTY-SIXTH ANNUAL REPORT
OF THE
New York Life Insurance Company ,
JOHN A. MCCALL , PRESIDENT.
OFFICE : 346 & 348 BROADWAY , NEW YORK.
JKNUMRV 1 , 19O1.
ASSETS.
Real Estate : . . . . . - . . . . $ 16 925,900
Bonds and Stocks 170,854 974
Bonds and Mortgages 84 798,942
Loans secured by collaterals 2 894 000
Premium Loans 16 616,188
Cash in Office and in Banks and Trust Companies 14.070.177
Interest and Bents due and accrued 1.680 405
* Net amount of unoolleoted and deferred Premiums 4,955.981
Total Admitted Assets as per Certificate of Insurance Department $262,106,512
LIABILITIES.
Reserve Value of Policies and Annuities ( those issued prior to January 1 , 1899
valued as per Combined Experience Table of Mortality with 4 % interest ;
those issued since January 1 , 1899 , as per American Table of Mortality
with 8 % interest ) , as per certificate of New York Insurance Department. . $218,032 202
General Liabilities 8,175,059
Additional Reserve on Policies which the Company values on a 8 % or a ty %
basis , over the 4 % valuation by the Insurance Department 4,283,077
Reserve to provide dividends payable to policy-holders during 1901 , and in sub
sequent years , per policy contracts
Payable to Policy-holders in 1901 $8,587,790
Payable to Policy-holders , subsequent to 1901 , as the periods mature :
To holders of 20 Year Period Policies 19 704.511
To holders of 15 Y ar Period Policies 7,422 746
To holders of 10 Year Period Policies 46 J.976
To holders of 5 Ynar Dividend Policies 257,882
Aggregate 81,885 855
10,820.319
Other Funds for all other contingencies
Total Liabilities $262,196.512
INCOME.
Total Premium Income $48 758 578
Interest. Bents , etc 10,165,941
$ ' . '
Total Income $58.9'4.5'9
DISBURSEHENTS.
Death-Claims paid . " $12 580 998
Eadowments paid 2,949.575
Annuities , Dividends , Surrender Values , etc 7,825,258
Total paid policy holders $23,855.826 ,
Commissions , Brokerages , and all other payments to Agents 6 5S6 522
Home Office and Branch Office Salaries and Physicians' Fees 2 898.671
Real Estate expenses , Taxes , Advertising and all other expenses 2.285 344
Total Disbursements $351126,363
New Policies Paid for during 1900. 115,299 , insuring $232,888 255.
Total number of policies in force January 1 , 1901 , 511,600 , insuring $1,202,156,665.
floents Wanted-flpplu to Nebraska Branch office , New York Life BldQ , , Omaha ,
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