National Life Insurance Company of the United States of America, was incorporated by act of Congress, July 25, and began business August 1, 1868. Its official location is Washington, D. C., from which it transacted business until 1881, when its actual business office was removed to Chicago, Ill. It appears from its last available report to the Illinois insurance department, that of December 31, 1890, that it then had a cash capital of $1,000,000; admitted assets of $2,170,670; liabilities of $1,218,567; policies in force, number, 2,066; amount, $2,618,224. The policies which had expired during the preceding year were 111 for $225,901, of which 46 for $56,736 matured by death.. The company is doing no new business. Van H. Higgins is president; J. H. Nitchie, secretary; and Henry J. Furber, manager.

National Life-Maturity insurance company of Washington, D. C., was incorporated February 2, 1884, under its present charter, but began business May 16, 1883, for the insurance of lives on the assessment plan. Horatio Browning is president; William E. Clark, vice-president; and George D. Eldridge, secretary and general manager. The company has $100,000 deposited with the Washington and Loan Trust company of Washington, D. C. It has paid over $1,500,000 to policy holders since organization, and had in force Dec. 31, 1891, $12,452,845.

National Marine insurance association, limited, of London, England, was organized in 1882, and began business in 1883. The amount of capital authorized was $1,000,000; originally paid-up, $500,000. The company does a marine and inland insurance under its charter. The present officers are Percey Franks, underwriter, and W. Gray, secretary. Gutte & Frank are the general agents for the Pacific coast department.

National Metropolitan Fire insurance company of Washington, D. C., was chartered in August, and began business September 5, 1870, the original paid-up capital being $100,000. The present officers are Edward Clark, president, and Samuel Cross, secretary. The directors are Edward Clark, Jno. Bailey, William A. Gordon, W. H. Hoeke, CYC.-10

James M. Green, W. F. Mattingly, Edward F. Droop, Clarence F. Normen, and Jno. T. Lenman.

National Union insurance company of Washington, D. C., was chartered February 14, and began business October 28, 1865, the original paid-up capital being $100,000. Fire insurance only is authorized by the charter. The present officers of the company are Messrs. Henry O. Towles, President; Albert F. Fox, vice-president; Noble D. Larner, secretary; and Chas N. Larner, assistant secretary. The directors are Henry O. Towles, Jas. H. Watmough, Chas. Mades, Francis Miller, Thos. Francis, A. F. Fox, Chas. Baum, Wm. B. Gurley, Henry Orth.

Nebraska, Insurance Supervision in, 1865-1891: In Nebraska the auditor of public accounts is charged with the supervision of insurance. The department was organized in 1865. The officials who have held office since then are:

John Gillespie, Oct. 10, 1865-Jan. 12, 1873. | John Wallichs, Nov. 12, 1880-Jan. 8, 1885. J. B. Weston, Jan. 13, 1873-Jan. 9, 1879. H. A. Babcock, Jan. 1885-Jan. 3, 1889. F. W. Leidlke, Jan. 9, 1879-Nov. 12, 1880. | Thomas H. Benton, Jan. 3, 1889 —

Mr. Benton is the present auditor, and his term will expire January, 1893.

Nebraska Life Underwriters' Association: Officers elected for 1892, are M. L. Roeder, president; I. B. Mapes and O. H. Jeffries, vice presidents; W. S. Wilson, secretary; W. I. Hawks, treasurer; O. H. Jeffries, John Steel, W. J. Fischer, H. D. Neeley, and O. H. Lyman, executive committee.

Nelson, W. C., of Nashville, Tenn., was appointed special agent of the North British and Mercantile insurance company for Kentucky and Tennessee, beginning with February 1, 1891. He resigned to become manager of the New Orleans compact in May, 1892.

Neptune Fire and Marine insurance company of Boston, was reinsured by the Providence-Washington insurance company of Providence, R. I., December 11, 1891. The retiring company was organized December 24, 1872, and began business January 1, 1873, the original paid-up capital being $300,000. The officers at time of retirement were Eugene B. Hinkley, president, and Wm. W. Case, secretary.

Newberger, J. M., was appointed general agent of the Atlas insurance company of London, in August, 1891, for the western and southern states, with headquarters at Chicago.

Nevada, Insurance Supervision in, 1864-1891: In Nevada the state comptroller is ex officio insurance commissioner. The comptrollers since the admission of the state in 1864, have been :

Comptroller Horton's term will expire Jan. 1, 1895. J. W. Holbrook is the deputy comptroller.

Newark Fire insurance company of Newark, N. J., was organized originally as a mutual, and began business May 14, 1810. In 1878

the scrip was called in and capital stock to the amount of $250,000 issued in its place. The charter authorizes regular fire insurance. The present officers are John J. Henry, president; Oscar O. Brewer, secretary; Joseph Ward, Jr., treasurer. The directors are J. J. Henry, C. S. Haines, G. F. Reeve, H. N. Parkhurst, Theo. Coe, A. P. Condit, A. C. Denman, Joseph Ward, Jr., Oscar O. Brewer, Jas. S. Higbie, and H. Van Dayne. The total premiums since organization amount to $4,123,207; total losses paid, $1,877,965; total cash dividends, $653,280.

New Brunswick Fire insurance company of New Brunswick, N. J., was incorporated December 27, 1826, and began business May 1, 1832. The present cash capital is $50,000. On December 31, 1890, the assets were $135,712, and net surplus $82,246. The officers are Henry H. Palmer, president, and Frederick Weigel, secretary.

Newell, W. A., appointed in February, 1891, general manager of the western department of the Home Life insurance company of New York, with headquarters at Chicago, succeeding Edgar H. Kellogg, The latter, who had been connected with the Home since 1863, joined the forces of the Equitable Life of New York.

New England Fire insurance company of Rutland, Vt., was organized in November, 1880, and began business March 30, 1881, the original paid-up capital being $100,000. The amount at present is $125,000. The charter authorizes fire and lightning insurance, both of which lines are prosecuted by the company. The present officers are John A. Mead, president; John A. Sheldon, vice president; J. R. Hoadley, secretary; Henry O. Edson, treasurer; Leon G. Bagley, general agent. The directors are John A. Mead, Henry O. Edson, Cyrus Jennings, Dr. J. B. Rand, F. M. Butler, L. G. Bagley, Thos. C. Robbins, John A. Sheldon, J. C. Baker, John W. Cranston, Albert H. Tuttle, Dr. Chas. A. Gale, M. Quinn, J. R. Hoadley.

New England Insurance Exchange: The officers elected for 1892 are Moses R. Emerson, president; Fred'k B. Carpenter, D. J. De Camp, and J. F. Hastings, vice presidents; Henry N. Baker, chairman, C. M. Slocum, W. H. Smith, S. G. Parsons, and J. B. Cornish, executive committee; C. M. Goddard, secretary and treasurer. The total income of the Exchange, in 1891, was $16,340; expenditures, $13,693. During the year twenty-four new members were admitted, the total membership December 31 being 130 active and 18 honorary.

New England Live Stock insurance company of Boston, Mass., was incorporated April 12 and began business October 13, 1888. The officers are J. A. Harwood, president, and Everett S. Litchfield, secretary. The total income for 1890 amounted to $39,155; disbursements, $35,183,

New England Mutual Accident association of Boston, Mass., was incorporated in February, and began business in March, 1884. It transacts an accident insurance business on the assessment plan. In 1891 it paid claims to the amount of $67,278.41, and had in force insurance to the amount of $39,686,500. The officers are Hon. A. P. Martin, president; F. F. Dyer, secretary and manager; F. J. Moore, superintendent of agencies.

New England Mutual Life insurance company was chartered April 1, 1835, and began business December 1, 1843. A guaranty capital of $100,000 was required under the charter, one-half of the amount to be paid in in cash before the commencement of operations. One-fourth of the surplus was to be set apart for the establishment of a fund with which the capital stock might be redeemed at any time after ten years, the assured being authorized to vote on the question. As a matter of fact, the capital was eliminated in 1853, and from that time forward the management was purely mutual. The company was the pioneer of life insurance in New England. Judge Willard Phillips, one of the original corporators, was the first president, and under his administration, states a New York insurance superintendent, "the life policy was popularized in the offices, counting rooms, banks, workshops, and firesides east of the Hudson; and no bank bill or state bond was ever more sacredly regarded than the policies underwritten by Judge Phillips." The New England's first policy was issued February 1, 1844, and at the end of the year the total number of policies outstanding was 459. The expense during the first two years amounted to 9 per cent. of the gross receipts. The third year they were 11 per cent. From that they fell to 6 per cent., and at no time thereafter exceeded 8. No non-participating policies were issued. At the end of five years a cash distribution of 20 per cent., equaling nearly one-half of the premium receipts for the year, was declared. Five years later a second distribution was declared, amounting to 30 per cent., and the third was a 36 per cent. division. These distributions were payable at the option of the policy-holders in cash, or could be used in the reduction of future premiums. In 1866 the quinquennial system of distributions, as provided for in the charter, was supplanted by the annual method, a general law being passed that year authorizing the change. In 1864 the office of vice-president was created, and Benjamin F. Stevens, who had been the company's secretary practically from the time that it began business, was elected to the position. Judge Phillips retired from the presidency in 1865, and was succeeded by Vice-President Stevens, who has since remained at the head of the company. Joseph M. Gibbens was elected secretary at the time of Mr. Stevens's advancement, and retained the position until 1887, when he was elected vice-president, S. F. Trull succeeding him. The New England has had only two presidents since its organization. The present officers of the company are Benjamin F. Stevens, president; Joseph M. Gibbens, vice-president; S. F. Trull, secretary; W. B. Turner, assistant secretary; Walter C. Wright, actuary. The directors are Charles U. Cotting, Joseph M. Gibbens, Warren Sawyer, William T. Hart, William C. Endicott, Alfred D. Foster, Thomas Sherwin, William H. Wilder, Richard Briggs, Benjamin F. Stevens. The total premiums received by the company from its organization until January 1, 1892, amounted to $61,795,171; total paid to policy-holders, $51,592,121; amount invested for policy-holders, $22,042, 115. The total amount paid to policy-holders, together with the sum invested January 1, 1892, for their benefits, exceeds the premiums received by $11,839,065. The total income in 1891 aggregated $4,025,926, the premium income being $2,926,245. The total number of policies in force at the end of the year was 29,829, the amount of insurance

being $87,356,297. The total amount disbursed on account of death claims and matured endowments during the year was $1,640,978; distributions to policy-holders, $478,035.

New Hampshire Fire insurance company of Manchester, was chartered in 1869, and began business in April, 1870, the authorized capital being $500,000. The amount paid in was $100,000. The present cash capital is $700,000. The charter authorizes regular fire insurance. The officers are J. A. Weston, president; John C. French, vice-president and secretary; George B. Chandler, treasurer; and W. H. Berry, assistant secretary. The directors are James A. Weston, George B. Chandler, Moody Currier, Alfred Quimby, Bushrod W. Hill, Nathan P. Hunt, Benj. C. Dean, Geo. W. Riddle, John C. French, Herman F. Straw, William H. Berry, Dexter Richards, John D. Chandler, William D. Cadwell, Henry K. French, Frederick A. Faulkner, Albert G. Folsom, William D. Knapp, Frank Jones, John B. Varick, Andrew Bunton, John J. Bell, Henry Stearns, Walter M. Parker. The department managers and agents are George E. Kendall, special agent for New England; Henry Norden, Rochester, N. Y., special agent for the middle states; Frank W. Sargeant, special agent for New Hampshire; H. M. Russell, Chicago, Ill., special agent for Illinois, Indiana, Kentucky, Ohio, Michigan, and Wisconsin; E. D. Kinney, Chicago, Ill., special agent for Cook county, Ill.; Frederick W. Lee, Omaha, Neb., special agent for Iowa, Minnesota, Nebraska, Missouri, Kansas, and Colorado.

New Hampshire Insurance Report: The twenty-second annual report of the insurance commissioner of New Hampshire was issued in June, 1891. The number of New Hampshire fire insurance companies, December 31, 1890, was forty, twenty-three being town mutuals, three assessment mutuals, eight cash mutuals, and six stock companies. There were seventeen stock companies from other states, fifteen stock companies from other countries, and four mutuals from other states, making a total of seventy-six fire companies transacting business in the states at the end of the year. The Phoenix Mutual of Concord closed its business October 1, re-insuring its risks in the Capital, the Fire Underwriters' Association, and the Manufacturers and Merchants' Mutual, all of Concord. The companies admitted during the year were the Royal of Liverpool; Pennsylvania Fire of Philadephia; Traders' and Mechanics of Lowell; Caledonian of Edinburgh; Merchants and Farmers of Worcester; Hamburg-Bremen; Continental of New York; Mechanics' and Traders of New Orleans; American Casualty of Baltimore; Hartford Life and Annuity; and American Employers' Liability of Jersey City.

Total number of fires in the state reported to the department during the year was 445, of the number, 170 being returned as total loss. The actual number of fires, omitting "exposure," was 378, being an increase of eighty as compared with 1889. The summary of causes showed that a very large proportion of the destruction from fires is occasioned by carelessness. The commissioner said:

"The people should be aroused to a realizing sense of their part in making their property less hazardons, and see to it that all disturbing causes, such as defective chimneys and the like, be removed. In eighty four of the towns reporting, there were no fires during the year. The greater proportion of the number of fires is given