New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-16
F0RTY.NlN1H ANNUAL REPORT
OF THE
CONNECTICUT MUTUAL
LIFE
INSURANCE COMPANY.
To Mr Wrmbrry :

.Uf0fpfrS'
Despite its general DUNES, the 1894 WAS on
the whole fairly prosperous for your company The
hungry competition ~ certain class
panies somewhat dincult tran usual
TODD business Careful are cautious IN s"ch
times about taking increased expenses But Just such
the unselhsh tenderly providen ana p''u'''
husband and father realize the more clearly ms f""'
need Of and constant protection and ine' urP.'1
him O provide IL. II Is only 10 mat ''"'s 10
The Connecticut Mutual. with It's simple wholly business
,u ,d wholly mon specuatjve plans and methods com
nends itself !, not SURPRISING therefore that whe We
wrote slightly less in amount than In Inc P'eN'o' '
IN. number Of persons insured was larger
The proporton OF lapses and surrenders WAS 'A'r''
email henp on.v go per Of the amount al sk AZ
the beginning the year. and less than IN inc previous
wear: while the amount Al rlsN ""S "r' ''"'" :"
tribe 1907 627 the number Of persons insured has H.
creased several hundred Tho remarkabie persistence o
our business gratifying feature on the one hand
1t the unparalleled low cost OF insurance IN UNI.
companv and on the other. helps TO Keep down tina,
cost by making IL needless 10 spend heavily Tor ne" ous
ness o replace heavy outdrar
The mortality somewhat higher than In the previous
v,ar bu, was below that expected and provided
for by calculations.
gains income. assets and surplus have been salts
factory.
The expenses have been kept rsidly down to the same
scale Of economy which has always characterized the
company and given IT en- unique position among instiu
tions Of s kind.
The increased dividends paid fully earned. and
there was left besides substantial addition 10 the
plus which protects large and al-impoftan' ohsa
tons and which materially assists in maintaining
dividend unaffected by ordinary changes IN
general business conditions.
In goes affect the strength and pern'an'noy
Of your company and the cost Of your insurance here
now and the future the results II the year are not
only satisfactory but under the unioward general en-
cumstances. gratifying
To speak in detail:
FINANCIAL OPERATIONS.
Received
For premiums observation-disclosures, 972SS
For interest and rens............ 32os. 'os.s
Balance prof; and loss........... 1""''.."
Discussed
For claims by and matur'd
cndowment- ...........-.-...- 81 ga. sag
surplu. returned to policy holders. l2'.u3 -
Ispsed and surrendered policies. SO. 'oi -
Total paid policy holders. ........ SO i"sr'l'@
Commissions agents salaries.
medical examiners fees. print
ing advertising. legal. real 90
| tate and all other expenses %
management ................... '>""''">
| Taxes Observation-Disclosures. "'''-'''
Total 3. 200 30. ."s :,
disbursements. ''-'''''"'
Balance carried increase net or ledger
assets SOD l'> -
"A, -, ..so.s January 1894 ....... ne6 1873 ~
Ne, assets January l. 1885,. sos 5''s 30
| Add interest due and accrued market values
q ST ,cks and bonds cos' and net DO
rcrrei quarterly and semi annual premiums
AZ per i,emized statement. hsrewh...... l'SS -" -
Gros. assets Jan. l. 1895 .se2 23' "2' n
Total liabilities .................... - sos 'l2''
surplus. January /. Ise,............. $3.50 2i2 =