The San Francisco call., 1904-06-09

OF The
CONDITION AND AFFAIRS. &
OF THE
Northwestern Mutual
LIFE INSURANCE COMPANY
OT MItwAUKEE Fl. IN. IN THE STATE T5.I1osc1 or
A. D.. 1903. and for the year ending that
day; made to the Insurance Commissioners OF
the State OF California. pursuant to the
quirements OF Section 613 OF the Political
Code Of said State
CAPITAL.
Amount Of Capital Stock paid up
In Cash --...-..---...--.s.s
ASSETS.
Net value Of Real Estate Owned
by the Company .-......... SS.611.se1 42
Amount OF Loans secured BY
Bond and Mortgage on Real -.
Premium notes and loans in any
form taken in payment OF
premiums policies now in
Cash ina market value Of ali stocks
Company Com 1EpDs O~sr s74ssss2 a
4VSmn compsny.s an ti oface ~. nam 2Os 4ss Is
Amount OF Cash deposited In
~~~-f~~~
,n,.4..5 unpaid sse;:5 $, s; due: ss sss % %
Net amount Of premiums in pro-
cess OF collection, and or de- -
ferred premiums 2.252s I55 y
Loans made to policy holders
signed as collateral 13,751. 253 %
Rents due and accrued .....-.-- Sl.95o %
Total Assets ............ .S17s. 200 SIS 20
LIABILITIES.
Claims for death losses and ma
tured endowments. due and -
Claims T'c for death losses and ma
tured endowments in process
OF adjustment, or adjusted - -
but not due .---.--.-..-.- sos. 142 -
Claims resisted by the Company 4o'soO 10
Net present value OF all the out
standing policies computed
according. to the Combined
Experience Tables OF Mortal
ity. with four per cent IN -.
Amount t't OF all unpaid dividends 0'0'1''0-
to policy holders ------..--- 2,oO2.SzS %
I0nih0I holders suip'ls p'.9 ~ ' 2s s7ssso Is
Total Liabilities .........$172. 5s5.ss1 80
=
INCOME.
Cash received for premiums
new policies during the :, go 90, %
Cash received for renewal OF
premiums during the year. p. 52S.I14 81
Cash received for interest T010.01I ~
cash received for rents ........ 4S4.T31 4s
o@S9 sources Tss'e ......-............ ~ 2s4s75 "a
Total income .............. SIS, ,ss5.s7s So
EXPENDITURES.
Cash paid for losses and ma
tured endowments ....-..-.. SS,1S354I -
Cash paid to annuitants As, s85 80
O1ST policies les ....-.........-.... 2.4sO. s34 IS
com%I.:iaa: aSlai5a paid to agent: sssHss s:sHis
Salaries and other compensation
OF officers and employees, ex-
smneTs ami a'-.. ......e.......-... 80 4s1. $50 u
SAiA1fsS Of managers mage of agencies - n1sl 81
Medical examiners fees and sal
Cash paid for taxes ....-....-..s 6T0.5o7 ~
cash paid for rents ............ n.5s5 %
O''T missions ssbo - ...e......--....... GsO "a
fyingy Repairs on Real
Estate. Legal Expenses. Ad-
S3Ts 449 So; Premium notes
voided by lapse. S9.9T9 81
all other payments, S1s24s,-
T15 20 ....-........-........ 1,o5o,14S 20
Total Expenditures during
the year --...----- -.---'- s2f. .OS6.54S 10
PREM1UM-NoTE ACCOUNT.
Premium notes and other prem
ium obligations at beginning
Premium notes. and other prem
ium obligations received dur
ing the year .......---..... IA. 69l so
Total ..........,............s4 s45s.Sl5 Os
Deductions during the year. as follows:
Amount OF notes and other prem
: ium obligations used In pay
ment OF losses and claims. S15,246 "A
Amount OF notes and other prem
ium obligations used In pur-
chase OF surrendered policies s.S55 50
~
fuu obligations used IN pay
holders Ids > ...%.......,...-.-, : ~ sS.2Os 81
IaPse aIs Of policies, ,..e.e... O sS7s u
Amount OF notes and other prem
iun obligations redeemed by
maker in cash -.......-.-..- 55Sl3 10
Total reduction OF Prem -
ium-Note Account Slz4.oOS 0l
SA1he' tRe yeaP ap'e '.a... a.ss.s .. emu ss12sn 81
WILLARD MERRILL. President.
J. w SKINNER. Secretary.
Subscribed and sworn 70 before me. this
p. r. sANBORN. Notary Public.
CLARENCE N. SMITH,
General Agent for California.
ia PheIdn Building.
SAN FRANCISCO. CAL.
THE WEEKLY CALL
81 per Year.