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About The Conservative (Nebraska City, Neb.) 1898-1902 | View Entire Issue (Jan. 24, 1901)
the Conservative * 15 FIFTY-SIXTH ANNUAL REPORT OF THE New York Life Insurance Company , JOHN A. MCCALL , PRESIDENT. OFFICE ; 346 & 348 BROADWAY , NEW YORK. 1 , 1QO1. ASSETS. Real Estate. . . . . -$10 925.000 Bonds.and Stocks . 170,864 974 Bonds and Mortgages . 84.798,942 Loans secured by collaterals . 2 894 000 Premium Loans. . . - . . . 16 516,183 " . .Gash in Office and in Banks and Trust Companies . 14,070. 1 77 "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 $262,196,512 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 . . $218,082,202 General Liabilities . 8,175,059 Additional Reserve on Policies which the Company values on a 8 % or a 3 } % bahis , 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 . $3,587,790 Payable to Policy-holders , subsequent to 1901 , as the. periods mature : / To holders of 20 Year Period Policies . . . . 19.704.51 1 To holders of 15 Year Period Policies . 7,422 746 To holders of 10 Year Period Policies . 464.976 To holders of 5 Year Dividend Policies . 257,882 Aggregate . 81,885 855 Other Funds for all other contingencies . 10.320.319 Total Liabilities . $262,196,512 INCOME. Total Premium Income . . $48.758 578 Interest. Rents , etc . 10,155,941 ' Total Income . $58,9M 5'9 DISBURSEHENTS. Death-Claims paid . . $12 580 993 Endowmentn paid . 2,949.575 Annuities , Dividends , Surrender Values , etc . 7,825,258 Total paid policy holders . $28,855.826 Commissions , Brokerages , and all other payments to Agents . 6 5R6 522 Home Office and Branch Office Salaries and Physicians' Fees . 2 898.671 Real Estate expenses , Taxes , Advertising and all other expenses . 2.285 844 Total Disbursements . / . $35 i26,363 New Policies Paid for during 1900. 115,299 , insuring $282.888 255. Total number of policies in force January 1 , 1901 , 611,600 , insuring $1,202,156,665. flgents Wanted-flpplu to Nebraska Branch office , New York Life Bldfl , , Omatia , flakers of FOLDING BOXES and STRAWBOARD SHELLS. , 'i * ' 1 Cbc Morton printing Co * BANK , SOCIETY , COMMERCIAL , BOOK AND CATALOG PRINTING Block , Debraska Citp , Deb * Printers of HIGH ART LABELS , CARTONS , ETC.
