FORTY-NINTH ANNUAL REPORT OF THE 



New York Life Ins. Co. 



Office: 346 & 348 Broadway, New York, U.S.A. 

 ORGANIZED 1845. 



A Purely Mutual Company haying no Capital Stock. All Profits to Policy Holders. 



January i, 1894. 



ASSETS. 



Real Estate, including n Office Buildings and 85 pieces of property 



purchased under foreclosure $13,139,049 93 



Stocks and Bonds owned (market value) 89,992,636 45 



Bonds and Mortgages 25,805,235 20 



Loans secured by collaterals (market value of Securities held as col- 

 lateral, $3,349,425 67) 2,428,966 67 



Premium Loans on existing Policies (the reserve on these Policies, 



included in Liabilities, amounts to over $8,000,000) 3, 757, 681 71 



Cash in Office and in Banks and Trust Companies 7,012,468 93 



Interest and Rents due and accrued 1,455,908 02 



Net Amount of uncollected and deferred Premiums 5,108,834 30 



TOTAL ASSETS $148,700,781 21 



LIABILITIES. 



Reserve on outstanding Policies, at Actuaries' 4 per cent as per Cer- 

 tificate of New York State Insurance Department, including Ad- 

 ditional Reserve on Annuities and Accumulation Policies volun- 

 tarily set aside by the Company $129,862,448 00 



Losses awaiting proof or payment '.330,854 37 



Matured Endowments due and unpaid (claims not presented) 122,007 76 



Annuities due and unpaid (claims not presented) 22,770 02 



Unpaid Dividends due Policy-holders 134,533 64 



Premiums paid in advance 134,554 82 



Trust Deposit, held for account of beneficiaries under terms of Policies 67,982 42 



Total Liabilities. 



Net Surplus per Certificate of Insurance Department 



INCOME. 



Premium Receipts $27,488,657 44 



Interest, Rents, etc 6,374,989 51 



$131,675,151 03 

 $17,025,630 18 



Total 



$33,863,646 95 



DISBURSEMENTS. 



Death Claims paid $8,440,093 46 



Endowments matured and discounted, paid 1,083,445 95 



Annuities paid 1,407,256 95 



Dividends paid 1.744,391 78 



Paid for Purchased Policies 2,359,062 13 



Installment paid on Trust Deposit 4,200 00 



Total amount paid to Policy-holders $15,038,450 27 



Commissions, Brokerages, and Payments to Agents 4,579,88089 



Agency Expenses 1,079,342 28 



Physicians' Fees, Advertising, and Rent 883,167 96 



Salaries to Officers and Employees 765,469 32 



Law and Office Expenses, Stationery and Printing, Traveling and other 



Expenses 761,117 52 



Taxes in the State of New York and other States 317,296 97 



Total Disbursements. 



INSURANCE ACCOUNT. no 



New Policies issued in 1893 (Declined, 10,395, $28,569,757) 85,568 



In Force December 31, 1892 224,008 



In Force December 31, 1893 261,992 



Gain in 1893 37.984 



* Not iiichiding policies revived, paid-ups, or reversionary additions. 



$23,424,725 21 



" $223.848,991 00 



$689,248,629 00 



779,156,678 00 



$89,908,049 GO 



JOHN A. 



HENRY TUCK, Vice-President. 



A. H. WELCH, Second Vice-President. 



G. 'W. PERKINS, Third Vice-President. 



R. 'W. -WEEKS, Actuary. 



H. C. RICHARDSON, ) . 



C. N. JONES, 'Associate 



F. -W. FRANKLAND, \ Actuaries. 



EDWARD N. GIBBS. Treasurer. 



H. S. THOMPSON, Comptroller. 



WILLIAM II. APPLETON, JOHN CLAFI.IN, W 



C. C. BALDWIN, CHAS. S. FAIRfHiLn, W 



WILLIAM A. HOOTII, El WARD N. GIBBS, W 



WILLIAM F BUCKLKY, WILLIAM K. GRACE, H 



McCALL, President. 



C. C. WHITNEY, Secretary. 

 T. M. BANTA, Cashier. 



J. A. BROWN, Auditor. 



D. P. KINGSLEY, Superintendent of Agencies. 

 A. HUNTINGTON, M. D., Medical Director. 



S. H. CARNEY, M. D., Associate Medical Director. 

 M. L. KING, M.D., Assistant Medical Director. 

 O. H. ROGERS, M. D., Assistant Medical Director. 



TRUSTEES. 



M. H. IKiRNBLdWER, AUGUSTUS G. PAINE, OSCAR S. STRAUS, 



ALTER H. LEWIS, OFORGE W. PERKINS, WM. L. STRONG, 



- EDMUND D. RANDOLPH, HENRY TUCK, 



HIRAM R. STEELE, A. H. WELCH. 



OODliURY lam;diin 

 ENRY C. MORTIMER, 



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