Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-07-31
POLICY HOLDERS OF IOWA CON
TRIBUTE MANY TIMES MORE
THAN THEY RECEIVE.
GET BACK LESS THAN $50
FOR EVERY 500 PAID
Income Of Companies Doing Business
in state Mounts b MiIlions-eoard
Of Control Has Important Place to
Fill Thru Promotion Of Miss Robin
son-Reduesd Tax for Auto Owners.
Special to Times Republican.

learning that, according to the record
life insurance just issued by the state
auditor, Iowa policy holders contributed
to the treasures of the life insurance
companies during the year 1912, the
sum of S1O,206,52S.21, and they got back
On losses paid the sum Of s2.9iS.S35. 81.
! In other words out of every 500 paid
for life insurance there came back less
than $40, the rest went for handling
the business.
! There was very little difference be-
tween the Iowa companies and the
other than Iowa companies in the per-
centage of profit.
, The Iowa companies received in
| premiums s2.752,1s4 and paid out on
losses s7s5.53
I The other than Iowa companies re-
| SOL
The percentage of losses incurred, not
losses paid, for the Iowa companies to
premiums received, was 2s.S and for
! the outside companies the percentage
was 2s5.
There was great variation as between
: coIIl pdiASs. SUAl1e VI SAS SPSNAAAN 80
stances were as follows:
The Bankers Life Company, largest
| Of the Iowa concerns. received s645,43
The Equitable received s631.523 and
paid SS2,2s1; or 1873 per cent.
| The Royal Union received $277,S5l
and paid s46,sl2, AT per cent.
The Northwestern Mutual. largest OF
! nn1
business s1.552, 500 and paid out $780,
/ 1884, 2S.4 per cent.
: The Mutual Of New York received
$4,000, paid s244.17s; BIS per cent
The New York Life received $780,
s75. paid s315,ss4 s7.3 per cent
The Equitable Of New York received
s342.525, paid sss,757: 25.S per cent
The Bankers Life of Lincoln paid
back but 81 per cent OF premiums on
account of losses. but the Girard Life
paid out 14o per cent and the Pitts
! burg Life and Trust paid Isl percent in
losses.
| The total income Of the Iowa COM
panies reporting for 1912 was for that
year s12,420,012 and expenditures So
s3l4s3.
| The total income Of the other COM
panies doing business in Iowa. on Iowa
and all other business. was $157,o17,1lo,
and their expenditures Of various kinds
$40, o27,251.
The income for the life insurance
companies located in Des Moines was
s13,733.337.
| The election Of Miss Julia Robinson
to succeed Miss Tyler as secretary Of
ov,1 q
sion. makes it necessary for the board
Of control to seek another for the place
of Superintendent Of the institution H.
braries This is place which requires
special training and will be hard to I'LL
Miss Robinson's predecessor also re-
signed to accept better place.
|
Detective Edwin Leigh. Of New York
| City, who came here to get requisitlon
to take back one Leonard Wieland, OF
Sac county. wanted for forgery de-
clared while at the state house that the
investigation and prosecution LOT
white slavery" has been grievously
overdone in the east and this fact Is
becoming generally known.
There is really much less Of what
can properly be called white slavery
than is supposed, he said. "A great
deal Of that which appears in the pa
ipers of New York and elsewhere as
being cases of involuntary detention Of
women is nothing of the sort, and
great many women OF the very worst
character are taking advantage OF the
agitation TO gain sympathy Tor them
selves and possibly some advantage.
The fad Of ferreting out cases OF White
slavery will soon die out
Commencing Friday the owners of
automobiles, or rather the purchasers
Of new ones, will be entitled to par
gain rates for registration at the state
house. A great many seemed to nave
the idea that the half rates went into
efrec. July l and as a result the secre-
ltary of states automobile department
has been kept busy sending hack to
applicants for numbers for more
money.
Already over 100000 has been re-
ceived for automobile numbers.
An effort to proven, consolidation OF
lschool districts at Redding has been
brought to the office of state super
intendent for decision. A number OF
the school patrons do not want con-
solidation. 1t is one Of the few places
where consolidation is being hard
fought.
Charles w. Miller, of Bremen, in an
address before the national confer
ence for medical freedom at Chicago,
gave Iowa high praise as state where
health prevails.
} Two years ago. he said, when the
Iowa board made its regular plea for
"a more liberal appropriation, its sec
Rotary placed before the members OF
the Legislature statement containing
list of about twenty states with the
amount Of support given the health
boards in each. A study Of this table
along side of the mortality tables OF
thes tates reveals a curious thing. The
Iowc. stood at the bottom of the lis,
idn the amount of money appropriated
lit stood at the head Of the list in the
smauness Of her death rate. Curious
as this was, more curious still was the
. revelation that Wisconsin, with a iittit
larger appropriation than Iowa. had a
little larger death rate than Iowa; thai
Minnesota with little larger appro'
Ipriation than Wisconsin had a littl'
higher death rate than Wisconsin,
, that Indiana. with q little larger ap
jpropriation than Minnesota had littl,