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RBTvSOF MINING cos
PURE ROCK SALT ,
Sold in the lump form for stock and in the crushed form for' curing meats , '
cucumber pickles and hides ; also for freezing and packing ice cream "and for
refrigerating generally.
\ Retsof , / - "RETSOF MINING CO.
,
MINES AT S Livonia , > NEW YORK.
( Greirfsville , ) SCRANTON , PENNSYLVANIA.
FIFTY-SIXTH ANNUAL REPORT
OF THE
NEW YORK LIFE INSURANCE COMPANY ,
JOHN A. MCCALL , PRESIDENT.
OFFICE : 346 & 348 BROADWAY , NEW YORK.
JANUARY 1 ,
ASSETS.
Real Estate - . . . . . . ; i $ 16,925,900
Bonds and Stocks 170,854,974
Bonds and Mortgages . ' 34,798,942
Loans secured by collaterals 2,894,000
Premium Loans . ' 16,510,183
Cash in Office and in Banks and Trust Companies 14,070,177
Interest and Rents due and accrued 1,680,405
* Net amount of uncollepted and deferred Premiums. . . . , 4,955,981
Total Admitted Assets as per Certificate of Insurance Department $ 63,196,513
LIABILITIES.
Reserve Value of Policies and .Annuities ( those issued prior to January 1,1899 ,
value asper 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. . $213,032,202
General Liabilities - . . , 8,175,059
Additional Reserve on Policies which the Company values on a 8 % or a S %
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 PoUoy-holdera 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-Year Period Policies - . . 7,422,746
To holders.of 10-Year Period Policies 462,976
To holders of 5-Year Dividend Policies. 257,882
Aggregate 31,885,855
Other Funds for all other contingencies s 10,820.819
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Total Liabilities . $363,196,513
INCOME.
Total Premium Income. . . . . . . . ' $48,758,578
Interest , Rents , etc : ; 10,155,941
Total Income
DISBURSEMENTS.
Death Claims Paid . . " . . . . . $12,580,993
Endowments 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 6,586,522
Home Office .and Branch Office .Salaries and Physicians' Fees 2,898,671
RealEstate expenses , Taxes , Advertising and all other expenses 2,285,844
Total Disbursements 4 $35,126,363
New policies Paid for during 1900 , 115,299 , insuring $282,388,255.
Total number of policies in force January 1 , , 1901 , 511,600 , insuring $1,202,156,665.
AGEHTSIWANTED-APPLY TO NEBRASKA BRANCH OFFICE , NEW YORK LIFE BLDfi , , OMAHA.
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