New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-02-22

rt or ninety days. as formerly and during he twelve
month, Of g. therefore paid the losses for thirteen
months otherwise the amount carried TO the Increase OF
asset, would have been larger ny se'erdi huNi'"
thousand dollars.
10 g., OF not" that during the year the COM
pany raid members and benehciares on various ac-
counts 81 +2O $40 81 than it received fro" them IN
premiums.
The death losses Tor the year 1889 were well within
the tabular expectation. giving saving on the cost OF
insurance u about $4,000 II is believed that no com
o, takes more careful TO restrict Us business
- al, localities and thoso which Will not tend 20 In
rr. il, average mortality. IN the personal selection
~ t- risks and 81, IN thi, direction j. attesed
Dr. uniform and saving upon th" mortality cost Of
o.. Insurance. from year year. Every Just claim mas
ou nrorntlv paid while equal has been taken TO
protect the members from imposition through fraudulent
claims.
EXPENSES.
Extraordinary expense, a considerable amount were
incurred bv the company the past year account
~ ~. trouble, a. the beginning ~ the year az indianapolis
The exam nation, by tho Commissioners Of Connecticut ana
lneua and tho ADVERTISING ~ their results and other
,,r. necessarily Incident thereto that the ratio OK
,N.- 10 income FOR the year was 99S per cent an m
.r,.. over the usual low ratio. but sul very Tar "thh
that accomplished b most companies and lower than tst
~ au. other company. These matters are an happn
ended and there Is no reason known az present why The
expense ratio Tor 1880 should not return to s u'ua!
,.r,r. low point The Increased expense FOR l7s9 ga
not however interfere with the comp2nys ability 70 o.
,l,-. ~ usual dividend for The var 1890. 1t has not
increased It's expenses for procuring new business ."
which, however. 10 gained an incr a'.ng share.
INTEREST AND RENTS
The income from investments during the past year
show, Improvement osrr that d" ihe previous year anu
4, believed 90 Do qrlt" - satisfactory ~ cou'u ~ W
cfi from ans o.h.r body u assets selected with Ike
r,ln-d 10 ultimate ,cou- It' difficulties OF such IN
,c-t,,u 40 satisfactory rltcs by no means growing
any a-. ou t.c average. II is cause oil constant Au
Increasing satisfaction that ia 7s- We based al our new
7 . ,.,..d Oh, a ,.r cent (Which is the basis used
M ..~ ,,,nI.- and that -o largo proportion OF our
--., -,.,,-b DIV tat standard. Already
- .,,.. ,, tno ro,aanic. are said 70 De-
.,.-,. ,,. uo-.l.c future usefulness Of the great
p, d,,-.t d,,d.uo .uipu, held by them IN
,,,., ,..,a 10 establish "A per cent instead OF 4
r.- cont o- go applying ' 70 '4ry tAe '.'
= t.r r-r cont basis. I"'fe j. io 1'Io '' ~, ,,
laA' to'" i'' '''''. 1' - % ai.,-i,r 81 anv
tin. 20 prevent t' necessity wi .' 40 ,.
/ ,>.-rns rotations n me compete "O'''' " "
/ ra-.r.r. a..
D. may De- - interest 70 "no" 'n'' "'' '','' " 80,
company from r,'t- dos NO.. ..'.- ti ,,,oo5a
.
PROFIT AND Loss
,.. OBJ. ,,- 49,. ror.,anv has -o.d eleven pieces q
los ., $40 go - go their cost 20 %. II
90. ,,, ,... OIL. az r-ore-tv 40 q rain q :ljs e
.. OF. u la. received u,t upon the sal" " c'rai"
,.. turn a over q, 10 on tha drflicaton - Joseph
Moore t'S ESQ i ,'', ,,a.I, ,ne er,r. balance
-untrF ''n- oi if'l' a." ''' .. - "a "a
from 'H'- .0ur." o. it' iaF'f "''''- '' :,
10 -,I las otn.r property r'ceN'' i'o' N' ''''' 'i
which 30 has never p.t au appraisal U4' "'"'" wa
,-ar .n DO. proat aud Jos, account a. " j. So" s'D
...,- t.d into moa"y. J, "l b" r'n'A''F'O '''' N''
. .u.'r, Joss hv h.u v'- charged "I AT once
REAL ESTATE.
r--- ,he year ie~' sold for - 9lS = properties
vh.h bad ro-t -7-o 1913 80 " snh "''r cost " &C.,
$50 ~. This uaN'- '." ''. . ~, d.,. Of,
10y D' ..,.o, IN tno nssra.a.. -6 $1,000 ~ for
- - I'D 800 p5 a gain over cost NJ $3.50 e'S ~.
~, , ,.., ,,. ,,,,- Directors 20 reduce
'' ", ~, ,,,,,b tf, CON pany's home olice
81, IT,. ..,.f ,I. ~ assets. The corner
"I'" "" ,,. .., q.t. hrtld.rg erected upon
1900. o.. 1870 and biit u Is tine ~ very hHh