The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1874-09-02

10 which we take pleasure in directing
special attention. We notice in the Massa-
chasetts. Life Report q table giving the
mortuary record Of the companies for 1870,
by which itappears that the ratio of the
claims to The mean number Of policies IS
sued By all the companies is .92, while the
ratio OF loss to the mean amount insured IS
FOL. the figures of the Continental in this
table are 80 and .65 being less than tico-
thirds the average while in a similar table
which exhibits the Heso business FOR 1873,
the AVERAGE figures are 20 for the ratio OF.
claims to policies issued, and .2S the ratio
of loss TO amount insured. And here We
find the Continental recorded as OF and .Oo
not quite 0Re-third the acreage mortality Of
he companies at large on nen business
Here is an index to the general manage
ment of the business ofthis company which
invites ANALYSIS. How comes it that the
grade of risks on its books is so excellent
For ii is indisputable that among so large
a number as 6 200 policies, IN average
death rate of reliable charcter win be reach
ed. Why instead Of 90 per cent. the aver
age of the companies at large, have we
only 80 from the Continental and among
its new business for the current year why
have we only on when the average rate
of all the companies is .20g These are not
only very interesting questions. but they
aTe very pertinent and very lar reaching
into the vital structure of the company.
| We can find but one answer TO them, and
that is, that unusual care "a care winch
the statistics say Is from IS to 90 per cen'z
better than the average companlesl mas
been exercised in the selection OF lives ad-
mitted to its membership. Ii good lives
have been secured, and a good lie, from
an insurance standpoint, is one which con-
fiaues, how did this company get them
The response 10 this query lets US at once
into the genius of lis management. Oatg
oood business Is sought only the Class OF
men who will aim for good business are
employed. We do not mean to say tina
the Continental has always been exempt
from the accidents and drawbacks incident
to a large bushes, but we do say that II
these figures mean anything, they mean
that great watchfulness and great partcu-
laritv are ever on the alert to keep pure
the stream of lives which IS constantly
/ flowing into It's membership. And this Is
the foundation on which it is building ioI
a coming prominence. 1T Will pay to
| secure superior lives, even at a greater
present cost. if need be. 1t will pay TO re
iect inferior ones even if tile number o.
policies issued should not show so large
in the annual tables. And specially, i
will paw to secure them when-as Is thu
cese of the CoNTINENTAL-the ratio OF ex'
pense has been kept down, while a very
large issue has been kept dp. Under thu
skillful management which has organized
and guided this company nearly three
quarters OF its pending business has beel
commuted and paid for. This will hence
forth be free from expense, except the cos
of collection, and will tell, in the immedi
ate future, upon its standing and attractive
ness. We are not surprised at the popu
larity of the Continental when we stud.
its constitution.