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
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