Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1911-06-18

amount Of work. Every state in which
business is done maintains an insurance
department Reports Of the transactions
OF the order must be submitted TO these
departments. In order to meet these re-
duirements a certain amount Of statistical
information IL necessary.
A statistical department is maintained
for this purpose. ANY kind OF information
required by the insurance departments and
actuaries is furnished by the statisticians
Of the order. The Mobile BILL" which has
been passed in several states. has certain
requirements which Il would be impossible
to meet were IL not for the information
that is Immediately available in the records
compiled by the orders statistical depart
ment
The clerks in the statisticiaTfs depart
ment have helped In the compilation by a
commission appointed by the associated
fraternities Of America of a new mortuary
table. This table embraces the experience
Of the largest orders and a great number
Of exposed lives extending over Period of
years. From twenty-five to thirty clerks
have been used on this work alone after
the move had ben endorsed by the execu-
tive council of the Woodmen of the World.
Postage stamps Important.
In connection with the correspondence
that is carried on In the home office the
postage expense is an interesting item, or
rather. expenditure. For he surely must
be a millionaire who can talk of 81 900
worth of postage stamps a year as an
item" One clerk supervises the stamp
department, which Is much like a bank as
far as Withdrawals are concerned. From
the highest officer in the company to the
clerk lowest in salary grade. a reauisttion
something like a bank check is required
before a stamp is given up.
In the mailing room of the head clerlIs
office the names Of the members Of the
order are set in type. There are 400 of
what the printers call ''galleys'' of this
type, and the combined weight of the ad-
dresses Is more than twenty-five tons The
Sovereign Visitor, the official paper of the
order, is mailed from the home office. The
postage on this magazine is 1000 a month.
sixty-five tons of paper are utilized in one
issue of the paper end it requires six and
one-half carloads at ten tons to the car
to carry It to the subscribers.
The advancement of the name woodmen
of the World into new territory and new
homes is exemplified in some of the figures
quoted by Mr.. Yates. For instance, the
order started in the year 1910 with 500,369
members, carrying $679, 400 insurance.
The records on the last day of 1910 show
insurance to the extent of s75SSO4, 100, and
membership of 56S, 466 persons. That in
dicates a net gain of 6S.Os7 members and
$7S,614,7OO insurance.
Growth of the Year.
These figures are taken after deducting
the lapses, and indicate only the bona fide
enrolment In reality 1189O5 members,
representing liabilities of $146 81, 800 were
initiated into the secrets of the society. but
for various reasons the usual percentage
of lapses was apparent, such as is the
case in all insurance societies. With these
figures, however, there was a gain of
12,346 members and N4167, 600 insurance over
the gross business done in the, preceding
year. The average age of the new MEM
bers was 2s7 years st the pore than
5000 members Who lapaed = 4, 900 wea,s only
temporarily, suspended. Experience indi-
Gates, Mr.. Yates says, that at least 80
per cent OF these will be reinstated.
Death claims incurred in 1910 amounted
to S5,S 200 on 4.165 members. Disability
installments paid during the year amounted
to $31 900. The balance in the emergency
fund was $11, 295. 1854. The total amount
realized from one assessment OF the entire
membership was $6S0,O00. The total ad-
mitted assets then were S12,ss4, 35SO5 The
total liabilities were $1,14242493, leaving a
balance on hand to protect contracts on
December 81, 1910 of S1l,s51, 92s12
| Further figures show that the expense
of management OF the order was 48 cents
for each member or 80 cents for each 81, OOO
of insurance that was carried in the last
year.