New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-26

efforts in every direction und in every depart nen'
Tna veor 1907 will ever De- remembered as the
lanner year in our history.
We have Increased our gross assets during the year
1S12 from s4349 zoe 90 to $i.1so'2'".oo' m'h'"S :"
ret gain OF s43G, 0s3.91.
RESERVE frND
". have increased ,ur Reserve or surplus tn'er
cency Fund within the past ye;r from ~
ia s337I 1903 30, making - net Increase OF T-'"'
Oso.G5.
INCOME.
TIN, income during the year ls02, from all sources
amounted TO 40y1 1909. against an Income "i I'D
7OilcG.4l for the year 1891. making Net "''''''
for the year OF 1893, 1G.Gs.
DEATH CLAIMS
For the year Is9a We have paid In Death Claims 10
IN. widows orphans and representatives. OF de'""Su
MEMBERS S2 1Oa, 337 o. while our Disbursements '''
Death claims In 1901 were $22so' ioo.oo """'"
net Increase OF disbursements TO the WIDOWS """ VI
pllaris over the prrvou, year. oil S4l--Ao-1' ",'
making a grand total OF Death Claims pal" oi "'u',
FIFTEEN MILLION DOLLARS, being On n'''"S'
,.,v disbursement 10 tbc widows orphans and repre-
sonta,lv.s o, our decen ,pd members, OF hearV H.
90 OoO while AT the close OF the year We had j" o"'
Reserve E,l.rgcncy Fund. Five THOUSAND Doi'"IS w
.acb On. Thousand Dollars Of outstanding D'a'n
Chains Of every nature and single Mortunry Sa'i 10"
produces more than Half Million Doilafs'
An ECONOMIC SYSTEM.
specinl attention Is directed TO the fact winch n'N
trates the great economic principles "ho''p'"S NV
svstem OF the Mutual Reserve. that the 'o'"i E'o'
Mortuory Premiums paid by the members d"r'ns 'a'
vear 1899 was s3.O4l. 1909. OF this sum I'D
900 . oddoA IA IN. Reserve or Emergency FUND, whe
ho amount psfi 10 the widows and orphans exceeded
o. 700 600 or a sum within fraction OF the amount
~ III. total Mortuary Premiums paid by the members
for the year 1892.
NEW BUSINESS.
During tho YEAR 1892 we received new Applications
for nenber ship aVgregntng SI0O1OOlO OF wheh '"Fr
was rejected the amount applied for reoh'"a r'"ne"
unapprovcd or held In suspense Sii'''"'''"o, '"ne
the amount OF insurance actually accrpro "u "i.'e'
AS GAG ESQ thus showing that nearly oneh min OF ~"
applicants who applied for ADMISSION I" "'""''"'r
with Us in 1892 were refused
CASH AND INVESTED ASSETS
Op- cash and Invested assets during the wear IN
creased from ~ asa 43T % to S3,6o0,33c'5 being an
Increase Of sao0 I5s7l sa3l0o0o OF said Cash As
ses Is invested IN bond and mortgage first Hens on
,,nnrovcd property Ia New York Cysaid investments
were made With the approval OF the central Trust
Company in conjunction with the Board OF Director
Of this Association and the Hon. Michael d. coleman
formerly President OF the Board Of Tax Commissioners
OF the City Of New.IOrk.
CERTIFICATE OF CENTRAL TRr:T COMPANY.
take pleasure In presenting ~ yon detailed
schedule giving N list and location OF property, OF the
investments made with o certificate from the great
Central Trust Company Of New York duly signed by
the Hon. r. r. Olcof the President OF said Trust Com
pany thus enabling each member to examine for him
self the investments made by the Association ana the
care exercised by the Association In making said In
V.stm.nts will Ia, demonstrated thereby
BUSINESS IN FORCE.
also take pleasure In presenting detailed state
nent. showing the progress 81 the Association: