The evening world., 1905-10-19

The trip 10 the West when young
Mrs. Mccurdy and the maid were help
ing the young general manager oversee
bhe Mutual Ufe's business was cut
short by the elder McCurdy coming
down with govt.
Says Expenses Weren't Heavy.
Q Can y0u explain, Mr.. McCurdy,
Why your travelling expenses are so
heavy? A. ! don't consider them heavy.
can't give YOU tho details now, but
Wlll ! was travelling rapidly and
Ilttle things escaped me.
y Have you received any EXPENSE
money from the Mutual this year? *
only $3.50 When | went to Paris this
VOC" ] 'ntertaiEel the European agents
OF the company. | invited them to come
10 net me.
william W. Richards. comptroller OF
me Mutual Life, was sworn, and went
'',o rldlngs OF the Mu-
kuual Life in Manhattan,
Mccurdy Financial Deals.
Tho persona operations OF the McCurdy
families in financial AFFAIRS, contingent
upon the investments Of the Mutual
Life Insurance Company, was the chief
subject OF Investigation to-day at the
kNtgislative Insurance inquiry,
Richard Aldrch McCurdy. the Mu-
tuals $500 0 president. confessed that
he had never been ayerse TO participant
Lls In Syndicates, In the pas. few years,
he said, he had made upward Of $4,000
in these little flyers.
It is believed that when the investi-
2asNAA 70 mammal - - 49,.
James Hazen Hyde, formerly the EquIt.
able Life Assurance Society's $4,000
vice-president, will be a witness. Be.
cause OF the presence Of Hyde's counsel,
Samuel Untermyer, IN the Inquiry
chamber, the report vent abroad that
Hyde was TO be called to-day,
I'VE are not through win the Mutual
yet" was all Chief Counsel Hughes
would say,
One o; the most Important revelations
OF the day was the Demonstration OF the
Mutual Lfe's connection with the Nor
rA'town Trust, II gets only ? per cent on
all deposits, while others get 3 per cent,
but since II became a deposltor the
earnings Of the trust company's stock
has gone up from G to IS per cent.
Heseman Back In Town.
John n. Hegeman. President Of the
Metropolitan Life Insurance Company,
who has been In the West since the be-
ginning Of the Inve s,igatIon, returned
10 New York to-day to the surprise OF
several members Of the committee.
II had haan underatnnd thaf NJ
Hegeman's large business Interests
woull keep him away for a long time,
He is expected 10 take the witness
sand. following James Hazen Hyde.
In explaining his syndicate transac.
tons Presiden McCurdy said It didn't
make a buttons difference whether tho
Mutual LIE or john Jones bought Sc.
culltits from a syndicate.
4 have never made any more money
out Of the Mutual Life than the Mu.
tual Life has made out OF me-" he
continued "No member 'of a Syndicate
can make money OH another member. A"
Mr.. McCurdy swyre that neither he
nor any other individual in the Mutual
Life mad any interes. In the Corporation
ll~quidatlng Company, which was or
glriaed to purchase in cntlrety the large
real estate holdings Of the Mutual In
Brooklyn, lie also said he did not
believe that William f. Babcock, a d.
l. ctor Of the Mutual Life, had pronted
by the acquisition Of the stock Of the
Bank Of California in which Babcock
Is also a director.
Carries 100000 Insurance.
@. Mr.. McCurdy, vhat Insurance do
you carry on yodr life? A. About 1900
OO in the Mutual Life and other com
C1nies.
A statement was proncred showing
policies In the Mutual Life ag~gregating
$780, Y. McCUrdy look d policy out Ave
years ago for $4,000, and In 1895 an
other for the same amount, His first
p>licy bears date Of July p, 1885,
The insurance OF other Mutual officers
IN the Mutual Life follows; Vice Pres
lent Robert w, Grann!s, $4,000, Treas
urer, Frederic Cromwell, $4,000; Vice
President, Walter r. Gillette, sgl ZIG;
Second Vice-President, Isaac T, Lloyd,
$4,000; Third Vice-Prcsident, John A,
Fondi, $751; 900; General Manager Robert
II. McCurdy tirst p'llcy 1850, $4,000,
.. In what other companies are YOU
INSURED, Mr., Mccurdy7 A. I don't know
that that Is any OF the committees
business, but shall answer II anyway
! have a policy in the Equitable, two
IN the Connecticut Mutual and one In
the Washington Life.
Mccurdy'e Syndicate Transactions.
These are the security syndicate
transactions and the profits Of Pres
ident McCurdy. OF the Mutual Life,
as brought out In the Investigation
to-day;
Security. Partlolpation. Profit
sd Ave. Railway. .,. 100000 si7,GoO
c., II. a Q.,..,",. 10000 49, o
Oregon Short Line "a. 10000 L,sa3ss
Pennsylvania 3s,,..,. 10000 1894 10
Rep. OF Cuba Is, 49,. 10000 SlSO.O
Rep. OF Cuba 6s....,. 10000 2I22O0
Imp Japanese o.. 80. 10000 eTGOO
Imp. japanese 6s..,, $1,000 l,6T0O0
Imp. japanese 4lts... $4,000 i,Ssd5a
Oregon Short Line a.. 7bOO0 i,J2A
: q. r, 4s,,un.,..., 10000 2,210 20
u, s Of Mexico. go. 100000 9,O0lsa