The New York herald., 1873-09-29
SPECIAL NOTICES.
SPECIAL NOTICES.
L,R0M THE INSURANCE MONITOR
THE NATIONAL LIFE INSURANCE COMPANY OF
The UNITED STATES
BEARINGS OF JAY COOKIES FAILURE.
A SPECIAL EXAMINATION OF THE COMPANY


BEARINGS OF JAY COOKIES FAILURE.
SPECIAL EXAMINATION OF THE COMPANY.
From the day its organization the NATIONAL LIFE
noWsdse sn2 hs
as sqsSef q he
anu .nat ms Vide reputation gave prestige 70 s early
tunes Of hs NxTi6NxL w Were Ts' somehow linked with
So long success OF that gentemans banking bust
Se the Mnd o ma
pute is oeebratsa friend, when days since
& Sss that Jay had a sS
TsagsoSt ssanty unsau.led Tsd Orse
for neS ana n%' % aaa only
hs M a e s s s s hs sas
ton the National In the general aismsy friends Of
and pocs shared s 0' 'S
ea the such that b Nv We S us
for, while It would have been easy 70 speak reassurng
reasons ss Tor our % iaiS sueS % words merely While they
mht help to Ssy sogd met re5s e s
@ pubic
VI vim suSa to
everything that could be known concerning the standing
was was cSeerfsiiy met BY The oscers rseiy opeaed
the Nationals aiaisi thsselors pssea the
Of its ocss and an, but on the s :n :nd
LAID before our representative by the employees Of the
The present standing of the company may be sum
ssmn d s % % e:
column 81 $50 on the reserve account These figures
RS o S Sy sssasnf e
% II he
elapsed, the death claims diminished and while
grewnS e that Kept With
the accamuatng assets which have advanced at least
Vow Now, aficr @ jay jay Cooke has failed and the worst is
Two indisputabie items will Of themselves furnish
answer Locked np not in any private Va, Gank
States treasury In the New YORK department and IN the
sssasa'y :, III DGSosa f'"sS arg
on property now, Or Liable to become. unproduc.
@
right 5h bsss sa wo Sau hs1 asset sc e tn
lest in the land woTd Of themselves cover not
tho SSSS But
not % 9 p here her ro1 1hsT s sMe e assess
words to their character.
Philadelphia oice never deposited dollar with MT
w.S the any dy ehST ad p5ds @ e
statement that the company has not and never held
bond or wbs wnsn ps M s n
miiable from It's interes,-eearing character ,,,.o
es % " se po ons are connsd Nose
OF the Excc!sior's transfers and, kent as they are,
70 the abes Which Vii any Sse can prodace
The collateral loans the ones which challenge pub.
Of weaSnee Let be observed at the outset then :la
mainly
the "a
% &aS' as ne IN New YORK
sns sa1ss' moa the
sn ton They rsprsss5, an IN M ,Ss
loans with this additional and important guayanee
o hS Be sSo 81 Gns from the aoher
proof d WORTHLESS; sscurity thsrsore would be
Ersa, sS,cn utsay brOteS 70 ,h each Ss
S%n SS Sa' S See Every
S S the M an s s s dss esa
suoh is the present standing Of tho National assuming
WASHINGTON pank is equally worthless, reither Of which
with Inc two Z is our laot .nis sShib rsaouacs a
Scts to The best Of our ability discover
does
pany Will do most honor to the man In the eyes OF those
vino wor coose to the
IN IN tho n s With
recognition of its sacred mission and the importance
ards Of ihe mercantic World Confident OF its Success
W.T. S0Sse OK s %Sd
ae! that Should involve the company; stand
sc,s @ Stranger H II his dealings the extent to which
he sSnofS s or ss
other loan except sncn a were made to his own house
account NO business to the company through
him nor did he eyer % & G%sqP A. for ANY u
Chairman OF the Finance Committee was simply ad.
visory In his last extremity, when the officers
might have found il extremely embarrassing to
refuse appeal tor aid that appeal never came and
the banker tell leaving the company he had done so
much to establish financially unharined Those who
best know the private character OF MT Cooke will be a
man OF liberal unbounded charity, giving freely OF
his to iurther every worthy nterprse but asking
other return than the approval OF his own heart
and failure alike his record Tor honor and
the Country could have secured more general or heart
felt sympathy Tor his misfortune.
Ne but word to add for the benefit OF the policy
holders Of the National II has never been our fortune
more rigid accuracy and cearness than those
Everything required to show the standing o its affairs
at any moment from any aspect is kept as far as posi-
bic mp 10 date, IN the most accurate ana convenient
raid increase but the increase is the valuable
character Its investments earning the average
over niue per cent The bulk OF its policies ior life,
tie profitable OF any, and it has no an investment
return. Ihs coaterals held are as. good as
those of the banks The National is stronger
holders should suffer their contracts to LAPSE
uuwsc abandonment OF the accumuations held against
policy liabilities. We trust will take counsel OF
his fears rather hold his policy in the National
as an removed lar from change danger
TIAyANA LOTTERY OF CUBA; GERMAN STATES
III Lotteries Prizes cashed and information given by
VETTER Co, ls5 Bowery, Germsna Bank Building.
Box 4,27 Post ofiioc.
I oTTERIEs--ROYAL HAVANA AND KENTUCKY
IL state Prizes cashed; circulars free. Address q.
C. HALL L CO., bankers and brokers' 73 Nassau street
Box 3,0s7 New York Post Office.
rRs SMITH-YOU CAN HAVE YOUR FURS