New-York tribune., 1901-01-09
FINANCIAL CONDITION SOUND.
EXCELLENT BUSINESS METHODS SHOWN
BY THE SEMI-ANNUAL REPORT OF THE
HOME LIFE INSURANCE
COMPANY

The nlnety-fifth semi-annual statement of the
Home Life Insurance Company has just been made
public. 1t shows the condition OF the companys
finances TO be excellent The company has also
given notice that ii will pay the usual sem-annual
dividend of per cent and extra dividend of 1
per cent The report and the dividend declared
indicate that the companys business during the
year has been good and its affairs we'll managed
The report of Chief Examiner Isaac Vanderpoel
of the Insurance Department of the State shows
that the assets of the company on December 81
were a36s7 sS5 5S the liabilities sS34OS2 SO (Which
includes 100000 capital stocB) and the surplus
capital and all other liabilities S297.49S a.
Mr. Fanderpoel. in making his report TO Francis
Hendricks Superintendent of Insurance, on Janu-
airy Z, said that he enabled TO verify the accu-
racy of these figures by that date because of the
admirable manner in which these books are kept"
The statement shows that the assets are: Cash in
banks, s5l4Sl5 So; cash in hands OF agents and In
Of collection s6S 932 29 real estate. S7lS-
265 81 loans stocks S249S75 loans or. bonds and
mortgages $3.50 400: interest due and accrued $7,-
664 81. and bonds and stocks Sl0,SSS,3SO. glance
the list of bonds and stocks enumerated in the
statement shows that excellent judgment was dis
played in the selections for investment The rail-
road stocks the issues of railroads operated
with policies whose soundness has been proved.
The company owns bonds follows: District OF
Columbia of 1924 United States G925) State of Geor-
gia registered 1920 New-York City Gegistered).
city Of Richmond Va. 0922); New-York, Chicago
dnO 81 LOUIS hdllrOau company HISl mortgage
Gs37), Ohio and West Virginia Railway Company
first mortgage d9l0) Cleveland Columbus, Cincin-
natl and Indianapolis Railroad first consolidated
mortgage G9lD. Louisville. New-Albany and Chi
cago Railway Company first mortgage G9l0, West
Shore Railway first mortgage guaranteed reg
istered), Jeffersonville. Madison and indianapolis
Railroad Company first mortgage (S F.. 1So6).
Chicago. ST. Paul. Minneapolis and Omaha
Railway Company consolidated mortgage $3.50,
Virginia Midland Railway Company general
,DaS C1aVpl md
Terminal and Valley Railroad Company Q990,
Louisville. Henderson and ST. Louis Railway Com
pany first mortgage G9i6), Standard Gas Light
Company first mortgage $3.50. Des Moines Water
Works Company first consolidated mortgage QslO
and Denver Union Water Company first mort
gage ds1Q.
Some OF the stocks held by the company
Ten thousand shares of the Pennsylvania Railroad
Company, 5000 shares Morris and Essex Railroad
Company, 5000 shares Southern Railway Company
preferred, 5000 shares Louisville and Nashville
Railroad Company 5000 shaI es Baltimore and Ohio
Railr9ad Company preferred 265o shares United ed
shares Pittsburg,n Fort Wayne and Chicago Rail
and St Paul Railway Company preferred ,2.5OO
shares Chicago, Milwaukee and st. Paul Railway
SgncS Railroad c6mpang @ shares
Pacifc Railway preferred. l5Oo shares Cleyeland
and Jackson Railroad company preferred. 1000
Railway Company preferred Zoo Shares Chicago
3 Shares eYork AND Haffford
Railroad, loo shares Atchison. Topeka and
Santa Fe Railway preferred. 1000 shares Union
National Bank, of New-York; 2QO shares National
Fourth National Bank, of New-York; 200 Shares
Manhattan Company New-York; 200 shares Mas
sau Bank. New-York; 400 shares National Broad
way Bank. of New-York; 100 shares Bank of
America New-York; 100 shares National Bank OF
the Republic, New-York; 200 shares Chatham
National Bank, OF New-York: 300 shares Franklin
Trust Company, OF Brooklyn; 100 shares Long
Island Loan and Trust Company. 80 shares Metro
politan Trust Company New-YorK.
=
serve premium fund s5i6.l25; unpaid losses. s529-
BIG 81; unpaid reinsurance and other claims, S26i,-
$50 S. and surplus, IS .297. .49S 81.
The The directors s, are Levi P Morton, Oliver s.
H Waskburn Walter H. Lewis. Francis H. Leg
gett. Benjamin Perkins Elbridge G. Snow, George
H Hartford Henry F. Noyes. Lucien c. Warner.
Warner Van Norden. Dumont Clarke and James B.
Van Woert. The officers are John H. Washburn
and Elbridge g. Snow, vice presidents Areunah NJ.
Burtis and William H Cheney. secretaries, and
Henry J. Ferris, Emanuel H. a. Correa and Fred
eric c. Buswell. assistant secretaries Daniel
Heald. the president. iied a short time ago.