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CITY, RIVER and HARBOR TRANSPORTATION CO.
Principal New-York Offices: PIER 18, NORTH RIVER, FOOT OF CORTLANDT-ST.
River and Harbor lighterage. Sea and harbor towing. Freight forwarded to all parts of the world, The Starin Ship Yard and Iron Works, Port Richmond, S. I. Dry docks, boiler shops. Vessels built and repaired. Glen Island, America's day summer resort; the most beautiful pleasure ground in the world. Starin's New-Haven Line. New-York and New-Haven daily freight and passenger service. Starin's excursions. Saloon steamers, barges and tugs. Eight beautifully situated groves. Starin's City Transfer; freight carted to all parts of the city. The Starin Silk Fabric Co., Fultonville, N. Y.; Silk Jersey Cloth, Gloves and Mitts.
“ The Seven States' Examination Committee's Certificate."
New-York Life Insurance Company,
346 & 348 Broadway, New York City. JOHN A. McCALL,
New York WE, the Insurance Commissioners and Superintendents of the
nd speeebeen?s, 1894 States of Massachusetts, Illinois, Kansas, Kentucky, Missouri, Ohio and Texas, pursuant to the invitation of the President of the Company, dated June 1, 1894, do hereby certify that we have been for the past four months engaged in a thorough and searching official investigation into the affairs of the New York Life Insurance Company of the City of New York,
We further certify that each Stock and Bond owned, each Collateral Loan, each Bond and Mortgage Loan made, the Cash and each Bank Certificate of Deposit was carefully examined, checked and verified; that the Policy Loans and Premium Notes were examined and checked with the Reserve on each Policy: that Interest and Rents due and accrued, unreported and deferred Premiums, were also verified; that the Values of
Stocks and Bonds owned, and Real Estate owned, were individually and closely scrutinized and conservatively made; that the title to each piece of property secured, and Bond and Mortgage Loan made since the 1891 New-York State Insurance De partment Investigation, was examined and found satisfactory. That the Policy Reserve was checked and verified by the Act uaries of our several State Insurance Departments, and that every Policy and its Reserve, on the books of the
Company, was checked individually with the Valuation Policy Registers of the Massachusetts Department; that all Sundry Liabilities were also verified; that each debit and credit entry in the Company's books was checked from the date of the said New York State Investigation; and that as a result, on the most conservative basis of valuation, we found the Company possessed of ASSETS satisfactory to us, amounting to
$155,453,428.73 And that, after providing for all possible Liabilities, including $135,058,291.00 for outstanding Policy Reserve, as per the “Combined Experience Table of Mortality with 4 per cent. interest, the total of the same amounted to $138,124,363.81.
We further certify that, by the severest test, the NET SURPLUS to policy-holders, after providing for every Liability, and deducting Agents’ Balances, was on June 30, 1894.
$17,329,064.92 IN WITNESS WHEREOF, we have hereunto subscribed our respective names, in the City of New York, the day and year above written,
G. S. MERRILL, BRADFORD K. DURFEE, Insurance Commissioner, State of Superintendent of Insurance, State of Illinois. Massachusetts. Chairman.
S. H. SNIDER,
HENRY F. DUNCAN,
JAS. R. WADDILL,
Superintendent of Insurance, State of Missouri.
W. M. HAHN,
Insurance Commissioner, State of Texas.
New-York Weekly Tribune
DURING THE YEAR 1894,
Copies. January 3. 165,990 July
165,160 January 10.
165,450 January 17.
165,260 January 24. 166,000 July
165,150 January 31. 162,910 August 1.
164,580 February 162,410 August 8.
165,320 February 14, 161,970 August 15
166,960 February 21 163,030 August
168,180 February 28. 160,854 | August
167,540 March 102,384 | September 5.
167,600 March 14. 167,164 September 12.
167,870 March 21. 168,280 September 19.
167,450 March 28. 168,270 September 26.
168,040 April 168,070 October 3.
168,290 April 11 167,510 October 10.
169,460 April 18. 167,830 October 17.
169,700 April 167,940 October
169,320 9. 166,460 November
169,520 16.... 166,850 November 14,
168,330 23 166,280 | November 21.
168, 650 May 30. 166,800 November 28.
169,090 June 6. 165,990 December 5.
168,220 June 13. 164,560 December 12.
167,670 June 20. 164,860 December 19.
168,980 June 27. 164,860 December 26,
May May May
Total for 52 Weeks,
Mutual Reserve Fund Life Association
Corner Broadway and Duane St., New York.
“ FOUNDED UPON A ROCK."
$35,000,000 Saved in Premiums.
The total cost for the past 13 years for $10,000.00 of insurance in the Mutual Reserve amounts to less than Old System Companies charge for $4,500.00 at or. dinary life rates-a saving, in premiums, which is equal to a CASH DIVIĐEND OF NEARLY 60 per cent. 60 per cent. dividend saved in premiums.
bird in hand is worth two in the bush."
The total cost for the past 13 years for $30,000.00 of insurance in the Mutual Reserve amounts to less than Old System Companies charge for $12,500.00 at ordinary life ratessaving, in premiums, whieh is equal to a CASH DIVIDEND OF NEARLY 60 per cent. 60 per cent. dividend saved in premiums.
"A bird in hand is worth two in the bush."
MUTUAL RESERVE BUILDING. 1881 : THE ELOQUENCE OF RESULTS: 1894. No. of policies in force
Claims paid, every 60
85,000 days, approximate. $500,000 Interest income, annu
Average new business ally, exceeds......... $130,000 monthly, over.
Total death claims Government deposits... 500,000
20,500,000 Bi-monthly income ex
Saved, in premiums, ceeds 750,000
.35,000,000 Reserve emergency
New Business received, fund, .3,820,000 in 1893, over.
.64,000,000 Annual income aggre
New Business, Jany. to gates ... .5,150,000 Dec., 1894.
TOTAL INSURANCE IN FORCE EXCEEDS $280,000,000.
Excellent Positions Open in its Agency Department in every Town, City and State, 10 experienced and successful business men, who will find the Mutual Reserve the very best Association they can work for. Correspondence with the Home Office Invited.
E. B. HARPER, President.
STUYVESANT FISH, Vice-President.
EDWARD J. BALDWIN, Ass't Cashier.
Capital, $2,000,000. Surplus, $3,000,000.
Extensive Safety Vaults for the convenience of Depositors
and Investors. Entrance only through the Bank.
EDWARD C. HOYT,
EDWARD E. POOR,
W, ROCKHILL POTTS,
FRANCIS R. APPLETON, CHARLES SCRIBNER,
JOHN JACOB ASTOR, GEORGE S. HICKOK.