The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-03-20
INSURANCE STATEMENTS.
MUTUAL LIFE INSURANCE
COMPANY OF NEW YORK.

PRINCIPAL office, New York CITY. Organ
lied lied in 1872. Richard a. McCurdy, President,
c ma sS d. haston Secretary Attorney to ac-
sloner Cash capital, mutual
INCOME IN 1897.
First years premiums & 100 oee .,
renewal premiums 80. 90 200 10 81
DIVIDENDS and surrender values
applied to purchase paid IN
insurance and annuities. 800 go u
Total premium income. s42, 6g3 OH co
Rents and interest ........... 10 73S 90 9S
FROM all other sources ... "a 493 %
Total income ........ ........ s54.162, 608. %
DISBURSEMENTS IN 1897.
Death claims and matured en-
A1 a0Wments and s15,818 o64 O4
Volded by lapse ............ 76q 960 %
DIVIDENDS to policy holders . . 5O7 52f a.
surrender values to policy hold
ers ..'..... ...... :............. 1902. 2os 50
Total paid policy holders ~ qq2 OK 40
commissions, salaries and ex-
sd Penses % Of ot agencies 647SOO8 81
examiners fees ...... ... O67 ao7 81
All other disbursements . 25Ss 074 90
Total disbursements .... s36 1874 o6O 90
Excess of income over disburse-
ments ...... ........ .......... $1S,O8S,547M
ASSETS DEC. 81, 1897.
Value of real estate owned S21 els 454 90
Mortgage loans ...... ........ So 493 OF Al
Collateral loans ...... .... 10 S.0 2Os m
Bonds and stocks owned ... 132 on S4i AZ
Cash IN office and in bank less
agent credit balances ........ II SIC Isl. "a
Accrued interest and rents 49, 21G5 317 90
De1erred and unpaid premiums. 4OO4 S21 10
Total admitted assets .s253 7Sf 427 es
Assets not admitted .. sA75 sac *
LIABILITIES.
Net value of outstanding poll
cles, actuaries per cent. .S216 ass SIC 90
Claims due and unpaid ...... % 7SS 70
Claims adjusted and not due and
unadJusted and reported. 711114S1
Claims resisted ...... ........ 31S010 40
AL juliet Hapllues .............. 695, ass. "a
Total liabilities on policy
holders account ............ s21S, rs 24s.O7
Gross divtsible surplus ......... SS5. sos 1874 80
Surplus by Minnesota Standard
American Az per cent ..... S4S 4O1 27S SO
EXHIBIT OF POLICIES, 1897 BUSINESS.
Policies In force at begin
ming of the year 1926 775 1917 $40 OIL
Policies in force at close of
the year 80. .s42, 642 s85. eO2 1851
Net increase ............ 1857 sl7.67l,47O
ISSUED, revived and in
creased during the year.. 81. 81 $40 632 4e1
Total terminated during the
year ........ .............. Alta 1872 $50. s91
ny death go. .............. 1864 IL, 1892 227
by maturity ......... 772 210S,5 SAT
By expiration ...... .... 1853 OPS 3OS
By surrender 80. .......... 70 722 80 100 40I
BY lapse ...... ............. 24O53 n 223 90
by change and decrease. 316S 238
BUSINESS IN MINNESOTA IN 1897
No. Amount.
ming of the year .. 900 s12 212 74S
@Issued during the year . 9S7 $50 $50
Ceased to be in force dur
Ing the year ............ 764 1855 37S
f1n force Dec 81, LAST. 5,513 IL 204,745
Losses and claims incurred during
Losses and claims settled during
the year, in cash $50. .......... 131 800 90
Cash received for premiums 500. 359 632. 04
INSURANCE in force and issued during the
year includes only policies on which the
premium was actually paid to the company
by Dec. 81, 1897.
State Of Minnesota,
Department of Insurance.