The Portland daily press., 1877-02-22
The Bright Side of Life Iusurauce.

mo SlOc VI AIAt
From the New York Tribune, Feb. Is, 1877. [Edito-
RAIL-
As we have said before, the annual reports
of our sound life insurance companies are
pleasant reading; all the more pleasant because
of their striking contrast with .iia revelations
from the few that are ruined. As another in
stance of these agreeable reports We take that
of the New York Life Insurance Company
which appears in our advertising columns this
morning Thirty-two prosperous years consti-
tute the history of the company. Calculating
its probable earnings of interest at a per cent.
per year, 1t has surplus over all liabilities of
81 million dollars. But the company does not
propose to trench upon even this ample limit,
and its dividend of more than 81 million doll
lars will be made on the assumption that its in
vestments only yield per cent. per year.
The New York Life Company has long en-
joyed tie reputation of prudent management
The result is shown in various features of the
annual report; notably in the item of ''agents'
balances" which is about three-fifths of one
per cent. of the premiums collected during the
year, and in premiums" in course of trans
mission ane collection which are little more
than two per cent of the whole. Commissions,
brokerages, and the like did not much exceed
six per cent. The proportion of purchased real
estate to the entire mass of securities is about
a thirteenth, and the property is believed to be
fully worth its cost. Notwithstanding the fact
that 1876 was bad year for new business. the
company has larger number of policies, rep
resenting greater total of insurance, in force
this year than last, This company has also
reached an assured position by its income from
investments exceeding its maturing claims.
Adding the losses by death to the amounts
and reinsurances, the amount is less than the
interest on investments which has accrued dur
ing the year. If any company III this condition
should choose to wind up its business, by cut
ting down its expenses to a minimum it might
be able to meet all the claims of maturing poll
cies from the interest on investments alone.
Insurance such as this is doubly sure.
SCHOONER ALBERT CLARENCE from Virgin
ia has just arrived, and the most delicious oys-
tiers may be found at Timmons & Hawes stores
in Market Square, and on Commercial street.
JOHN 0. MCGUIRE, sewing machine rapairer
and adjusterer, at Wheeler & Wilson's Sewing
Machine Office, Portland. Particular attention
will be given to work entrusted to him and sat-
sfacti0n guaranteed.
This is to certify that Mr.. j. o. Mcguire
has been in our employ for some six years, and
we can cheerfully recommend him as first
class adjuster and repairer of all kinds of sew
ing machines
j. L. HAYDEN, Agent.
feb1 2awTh&Td1 m&w1m5
THE schooner Nathan Cleaves, Capt. At
wood, arrived last night with a cargo of oysters
for Tmmons s. Halves.
MUSCULAR CONTRACTION of the air passages
produces Asthma. For relief, inhale the hot
vapors of Tar feb17d1w
A WALK of ten minutes will take one from
the luxurious quarters of the Windsor, ON
Fifth avenue, between Forty and Forty
seventh streets, New York, to the exquisite
beauties of Central Park. A walk through
rows of stately dwellings and splendid church.
es, with liberal views of the North river, with
its background of New Jersey hills, more
score of miles away to the West, and the aris-
tocratic quarters on the East, along Madison
avenue 1t is not strange that the Windsor
has grown to be the fashionable hotel of New
York city.
THE detected victim caused by the indiscre-
tons of youth, those troubled with kidney,
bl adder and glandular affection, mental and
physical debility, diabetes, gravel, female COM
plants, &C., however stubborn, will find COM
fort md positive cure in DIR. BULLOCK'S
KIDNEY REMEDY, NEPHRETICUM.
15-30-45 jy25eod&w1w