Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1888-02-09

10 the PoHcg-Ho}dcrs Of the North
ucsfcyu KWlal Lyc-LisW0Hce cone
pcW:
The Executive Committee of the
Boarl OF Trustees, IN submitting the
txcnty-nnth annual statement. would
first invite attention 10 the largely IN
creased membership OF the company du-
uug the wear just closed. The new
members added and the amount OF new
Insurance written during 1887 were un-
prtc,dcuted In the history OF the COM
pauy.
Adding rcstontions, etc, rs is done in
/ thc official reports, rs well "A, IN the ad-
yerti,cmeats Of other companies, the
amonut of new business OF the company
written i'm 1887 was 81, ,j66,SiL
While this is not SD large a new bust
/ ness as wus written by several othercom-
pauies. it mist he remembered that 1t Is
"A strictly United States business, that ~
strictly United States business Is the
most desirb,e business for n United
States company to have. and that tine
/ NorthWestlrn's pcw business has been
for years mo.c tuan double that OF any
other company working exclusively IN
the Cuited States.
1t is especially gratifying to note that,
while in many Western states the busl-
uess OF the company Is larger that that
OF any other company, It's aggregate
new business ina the great Middle and
New England States. where 1t obtained
foothold at first with much opposition
and difficulty, exceeds that Of any east
ern competitor, excepting only tho three
leading New York companies. The new
business of the company IN New York
State alone last year aggregated very
nearly five millions Of dollars, while III
Wisconsin its home S;aie) the North
western is annually insurng more lives
than all its leading competitors COM
blncd.
These evidences Of incr 'asng conf
dence aud wider uselulnt s. in all sections
where the company Is operating must be
satisfactory in the highest degree to
pOlicy-hOlders and ought to induce them
everywhere 10 exert their active lntiu-
eucc, in cooperation with our success
ful corps of agents, IN helping to adj
vance still moro rapidly the business OF
the Northwestern, already one OF the
foremost financial institutions OF the
country and, in all points of real value to
poiIcy-holdi rs, the most successful llte-
insurance company in the world.
The whole number Of policies in force
January |, 1883, was 81, ,4G6, amounting
to 3l4I,6l5, 1928, an increase for the yeal
Of 1862 policies and Sl9,955, 40 IN
surance probably no other large com
pany can show such proportion OF in
surance gained as compared with new
business written during the year.
1he death ratio for the year was l.Ol
per cent. OF the mean amount INSURED,
ratio exceptionally favorable compared
with other companies.
The payments to policy-holders addeC
to the present assets amount 10 owe
$1,000, 0UU more than the entire premium
receipts
The annual statement published in an
other column shows the income and dis
bursements for the year 1887, and th'
amount or the assets, liabilities, anC
surplus December 3lst. The assets hav'
increased S2,1sS, 1862 during th'
year. The statement shows that th'
securities in which the assets are iu
vested are OF the superior quality re
quired by the charter and justified b.
the experience of the company. Allow
ing for the double dividend" " paid on
in 1887. the statement OF surplus remain
ing on hand is most satisfactory. Tn
new business of the company durinl
1887 in Virginia and North CarOlln'
was larger than in any previous year.
For information rs to rates and plan
address the General Agents, Messrs
John b. Cary & son, Richmond, Va.