El Paso herald. (El Paso, Tex.) 1901-1931, 1917-07-11

who laUsed or surrendered their poll
cies fell considerably below the 1915
T record, indicating an Improvement III
general business conditions
The amount returned 10 policy
holders iu diE idends tpremIum saw
inEsl advanced largely, indicating the
increased econ omies OF management
and improved conditions in other di-
rectlOus from which come cOntrlbu-
lions 10 the llgisiDle surplus
No more conclusive facts. indicative
of general prosperity, can be brought
forward than the reduction in the
amount Of life insurance policies sur
rendered for present cash values and
the smaller volume of borrowings
from life Insurance companies on lie
Insurance policies a. collateral
Demand for Insurance Great.
Nineteen sixteen was the greatest
year ia the history OF life Insurance
in the United States as regards thu
amount Of new business written. in
Canada also the new issues eNceedeI
-he 1915 totals and approached closely
the biggest life insurance year the
dominion has known In the Two coun-
tries S+.50l.uuo, 900 of new business was
written, about Ss,2l0,00o,U1o in the
United States and S-5LuJOsy00 in Can
ada.
So far in 1917 the demand for life
insurance has been beyond all pre-
cedeur.
The increasing demand for life i'm
surauce is wholly normal and is based
upon the intelligence Of the public. a
life insurance statistician is authority
for the statement that 81 percent Of
ali estates left in the United States
consist solely Of life insurance.
Largest Claims IN 1916
The largest payment on a single life
in 1915 was in the case OF Thomas L.
Sheylin. of Minneapolis. who died on
D. H...u "a Hn r
The next largest claim vas the case OF
Lewis Parker, Greeuville, : c, SIIo,-
COOS the next largest William A. Read,
New York City, $4,000.
It is estimated that S3.00O.OOo.00O Of
life insurance Is carried by men who
are subject 10 the draft and who viii
carry their insurance into the war
without any extra war premium
The - Largest
The - largest assurances paid in
1916 were
Thomas l. shevlin, Mime
GpOllS, Mimi ---- ---.----e loo, 700
Lewis Parker, Greeuviue,
=. C. ---- 5000 10000
william A. Read. New lork $1,000
William Le 7. Roach, Mus
carIne, Iowa --.. -------- $4,000
Andrew J. Graham, Chicago,
Ill 1900 .------- so 55t
1urgiu Horne, Pittsburgh,
Pa 900 -----.---- +S5-5Sl .
Max Kobre. New York 80 $4,000
Michael Holman, Balti-
more, Nd .--.--..--.----- -sl, 5bs t
clarence T. Peck, Chicago ILL., 2S5.00U
-harles SILK. st. Louis, No 5000 .
Harris Wolff, New York. 20, 1876 .
= c.. BOldt. New York ..- 295, 1000 F.
George r Guud. Cleveland U. "a, 0su .
3. C. Mckinney. New York. 2l2,U0U
Iahlon u. Thatcher, Pueblo,
colo. -. -----.--......-- e54.I1I .
Arthur L. Pew, Bryn Mawr,
3 a McCurdy, MorristOwu,
y. J. ..............-..-.-- e4G3I0 .
Richard Limburg. New York -55,v3f
.dward N Kemp, Chicago,
H. ------ ------. -------- SUES
Henry Wick, Youngstown. o. 230,J2g
IS lillian W Lawrence, New
OK ----- --gsuD- .
,aleb B. Huiet, Charleston,
= C. ---------- ..------ --5rUyy
.dOlph j. Fang, Denver, Colo 2Qf,f-5
Dennis Searles, Piedmont,
bernard Stroh. Detroit, Mich 100000
Payments in Leading Cities in 1916.
Payments in IS leading cities were
s follows