The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-02-25
F1rrl-riuBD ANNUAL REPORT
CONNECTICUT MUTUAL LIFE
INSURANCE COMPANY.


To ,,a Members.
Tn connection with the f. lowing com
,,,.,,.. lt...r c.r business iu 1888, we AK
,--..~ careful. ra.J.us OF tAe fih"hciah
s,atsn,ea. when IS painted I'm another COZ
,,,,,, e.. nens of which are, .nerrioIe
~, -.....+.1 bar..
ts ,...-t. ersIifvfue % he able - Say
aha, r,.ueti bSf1ndira the many untoNaId
cc..1f.f-fs # Lee past year it- man re-
en-. e., far as che Connecticut Mutual Is
(-1I,..r7.l have been satisfactory j ne
,-,or,ef-.c has been favorable; the lap-es
-,l -,1rr.uafre We're relatively few me
,,-,.,,- ~ business in force aul tle pre-
-, ;,,l,r. hove increased: The as Is
-, 5r.r.ss.a f.,. seS .345. 4g. and the sur
80 b., Sr.0 ~, u. The compgnys own
,r,.,,,, standard oe economy has been
,,,,i,,,ir.d. 80 bas made the cost oi rs
,rg,,,.,,,r.. ls.s han that I'M any other on
,.s,,. ,hrouah is larger average divide nd',
,,bic5 e has NOT had 10 reduce for h. ar
1904. t,s securities nave largely increased
IN ,narl,a, value. a. has maintained It's
,...r,.,,ts,, .f a,ery p5Ift. and is pre-
1,,rod ,,,tb grogvira strength To repea, in
~ r,,r,,r, he NM. ia led success of he
"a, ef,,.-,brna ,sars.
,..,,.,o md surnIus.
1900 ~. re-
g., 49,, &C. ". ti.e .,o,s- If,hfftios were g56,-
~ &C. ~, ,-,.- a. s1rplus of S.5l6 5i2 o.
W. - ,tr,f1,fi.s az g6I S14 Is the reserve
-, $50 t,,a-n.nr,s required to meet
1900, ,,,,,,t,lit,-. of The future from
- .,--.,,.,.,. ,oe ~ onr members. their
-. ,,r,,i,i,,,, uniform except as de-
49, S., ,.1e~-, di,idauds The legal
,,i,,,l.., - sol,,e,,.,, reoitires this reserve
=. .-.,-,',.-., an, tho as-irr,Diion that the
To-,
80, ~" lo,,.. az env ~ the policies an The
,,.,o,,,,, 49, ,,,inl,s. 3, nossib,e ueriod Of
siyt, or seventy years.
In 1872. the Connecticut Mutual acme
among he companies. anticipating he
great decline which has taken place in the
rate OF interest and is still in progress,
based iia premiums and reserves for all
business thereafter on the assump ION Of
earning only 3 per cent. as the highest
safe calculation for so long a future rms
makes our reserves $l,s22-O79 larger thsn II
Is by IN" legal standard OF soiNeheS. INA
our surplus correspondlnSly smaller ~
that STANDARD our reserve hablhly IS No.
$50, 155, and our slffplus @.5S,6Ol fhus
have We long been steadily preparing for
that which Is now slartAngy evident 10
all.
Insurance In Force.
Tho earrv n,onfbs of The wear gave
nror,ise ~ corsi,7,,rat,ie increase in busf-
rees which W. cbeclsed nv the outbreal,
and progress Of the war; but go small rel
ALVEY were our laPSeS anu Su' i'sll' 'sls
tlal we never ii''ess' H's'Ue S'in ~ ''ig
amount o. business ID e''- ne ~
ehce Oh our business = Il lilosV 5Idtli 'iis
J ed'uiS ol our eNpei'e''ee II ouu9 1919
l'iess 20 az our ol'ld .'''ia, s,Ves u ne
Sivd'7i ""tnt u 80 10 wy VI
As' sHu 'hatellally assists 70 Keep "o"n
'he expense account
We had in force Jan. 1, 1899, 66.S62 poll
cies for $15S.07S, so; an ample business Cor
securing the most satisfactory results to
and presenting less Diff
cult problems in manaeement than pertain
TO a business Of several times greater mag
nitude.
\ Favorable Mortality.
We had a very favorable mortality expe-
rienee for the wear tho losses incurred he
Inc SO ,nucb less than those expected nv
he MortaItv Table and provided for bv
our nrerniuns and reserves as 10 make a
saving Of szn 9eS While our deafh rate
varies somewhat from wear 10 year suab
has been the care exercised in the accent
ance of risks that the variations have so
far al been well within the amounts caGed
Tor by the IaD!e. atOrdlng very material
savings. In TO year has such a saving
failed 70 be effected.
The Tntcroxt nate md n. Incidants
ne past TOUR OF ANe years nave oee
no'aoie LOT the great Nolulhe OF loahs paia
on Dy oofFoWefs' LOT a great dihihusioh IN
the ueinaho TOT ieahs oy ne" ooffOwers'
'he CONSEQUENT accumulation OF FUNDS
a"d'tils investment anu uecllhe IA the
fa'e OF lnleres' 2Phdihs reVlVat OF de-
Ilahu- ne hatd 'tiaes OF the carry nine
'les' win the pane OF 1855 ana the depres-
sion loAoNihg- mace great many .ol-
sel, -. sl,, 70 Sc out lIoii'
- -. 49,. - - - - - S. pay
a''i - go y ~ 5
~ .,st..e.,a IN -.
~ -, = "a ny Yes
- "a 10. 'Ae D ~, % ~ .e-
tapliS" tps ueii i,l'' anu .ne Iates TOT
- ~ me 'ns 'iit pas
Seai peei Hlo'e uiiiieutt NlIan us.i', 70
49, hioliey "a -, ?. vi ~ ~ "
mo- ,i, =" paS -. VI ioaiis haS
~, DesI ap 81 peu 80, os ioa,iS vi "AS cndr
aetel anu il'9 ndu 70 seer lnvesllil 'l IN
oo ll VI a "is, o'sls7 ioi Secui'y' OUT az
" iO"ei ie'e u
The conditions which have 50 affected the
rate of interest have not only caused the
liquidation of many loans by foreclosure,
~. &c, ~. i .a9. ia ne