The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-07-30
@R-eAl-R Obtained Suits eondurtsd.
On Personal attention. HIghsss
] ~ Slv ~ references WN r NAIL
foes Street. WASHINGTON. d C umsf uhLL
Copy of Annual Statement of the Condition
OF THE
New York Life Insurance Co.
On the SIst day q December. 1904.

On the 3lst day 81 December, Dol.
Located at 346 and S4S Broadway. in the city
of New York
JOHN A. M'CALL. President.
CHAS. c. WHITNEY. Secretary.
The Assets of the Company are as follows:
Cash OH hand and in banks and
trust companies ......-.-.-...-.-$Z2.e2z.0 5lS5
Real estate unfncumbered ...... lZeSo,VVeOo
Bonds owned by the company.
market value ..-...---.-.-...--z-o .Voss@0-te
Loans on bonds and mortgages
OF real estate, worth double
the amount for which the same
is mortgaged and free from
any prior incumbrance $500 26.125.SlS0s
crued ........................... .LS7e.575.A
Net uncolected and deferred
premiums ..-..--.-.--...--...-..-- 9,4fl,Ss-oe
Temporary loans ................ 4loi.0oc.0
Premium notes and loans........ 275Sis9-5s
Total assets ....................$SZz ~, S4o.soo.S
LIABILITIES.
Claims for death losses which
have been reported and no
proof received .................... Sl,SH, lJ0-y4
Claims for death losses I'm pro-
and not due 0. ........."............ SssHa
que and unpaid ..'...'.'...'.-.. s4s.70ss
Claims for death losses and
by the company ...'.".......1.... $4,000
Due and unpaid on annuity
Ire
Premiums paid in advance ...... Ss0,692.l9
Dividends other profits due
policy holders. including those
contingent upon payment OF
premiums ....................... lss.s7D
Net present value of all the out
standing policies and additions
thereto in force on the 31st
day OF December, 1902. as COM
puted by the insurance de-
partment of the State OF New
York on the actuarys and
American tables OF mortality.
with and per cent. interest,
follows: Policies known
the company's per cent. poll
cies, and all policies issued
since Dec. 81. 1900, being valued
as per the American Expert
ence Table of Mortality. with
3 per cent interest. and all
other policies being valued
per the Combined Experience
Table OF Mortality, with per
cent interest .ZtD,USo,Sf4.V0
Present value of amounts not
yet due on supplementary con-
tracts not involving life con-
tingencies computed by the
company, and all other liabili-
ties ............................. 6fb,5l4.zz
Additional reserve
policies which the
company values on
a higher basis than
that used by the
New York State In
suranc Depart
stated ................ So n5.771O
X 10 provide
dividends payable TO
policy holders in 1865
and thereafter
the periods mature:
To holders OF 0-year
period policies and
longer 20, 81 ,S-0-oo
To holders OF I5-year
period policies ........ S.27O.742O
To holders OF 10-year
period policies $50. SIS. $500
To holders OF 5-year
period policies. ......... 5S7,401O0
To holders of annual
dividend policies -. sO0,9s7OO
Reserve 10 provide
for all other contin-
genCleS
Total additional reserve ...-....-. IS. 352 56lSs
Total liabilities ............... 1872 $40 s00O3
State of Indiana. office OF Auditor OF State
/, the undersigned. auditor of state OF
the State OF Indiana, hereby certify that
the above is a correct copy OF the state
ment OF the condition or the above-men-
toned company on the 31st day of Decem-
ber 1902 as shown by the original state
ment and that the said original state
ment is now on file in this Office.
IF