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 having 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) .................. 3,757,68i 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 .................... 5,108,83430 



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 oo 



Losses awaiting proof or payment ....................................... ',330,854 37 



Matured Endowments due and unpaid (claims not presented) ........ 122,007 ?6 



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 ..................................... $131,675,151 03 



Net Surplus per Certificate of Insurance Department ...... $17,025,630 18 



INCOME. 



Premium Receipts ......................................................... $27,488,657 44 



Interest, Rents, etc ....................................................... 6,374,989 51 



Total .................................................. ^8o6"6~ 



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 oo 



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 ................................. $23,424,725 21 



INSURANCE ACCOUNT. NO AMOUNT. 



New Policies issued in 1893 (Declined, 10,395, $28,569,757) ............... 85,568 * $223. 848. 991 oo 



In Force December 31, 1892 ........................... ..................... 224,008 $689,248,629 oo 



In Force December 31, 1893 ............................................... 261,992 779.156.678 oo 



Gain in 1893 .......................................... 37,984 $89,908,049 OO 



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



JOHN A. McCALL, President. 



HENRY TUCK, Vice-President. C. C. WHITNEY, Secretary. 



A. H. WELCH, Second Vice-President. T M BANTA Cashier. 



2' % S, E ^ K J^ S i Third Vice-President. j. A .' BROWN! Auditor. 



H r ' K?f?v ar S- D - P- KINGSLEY, Superintendent of Agencies. 



C N IONES ''Associate A. HUNTINGTON, M. D., Medical Director. 



F' W FRANKLAND ("Actuaries. S. H. CARNEY, M. D., Associate Medical Director. 



EDWARD N. GIBBS' Treasurer M ' L - KING, M. D., Assistant Medical Director. 



H. S. THOMPSON, Comptroller.' O. H. ROGERS, M. D., Assistant Medical Director. 



TRUSTEES. 



WILLIAM H. APPLETON, JOHN CLAFLIN, WM. H. HORNBLOWKR, AUGUSTUS G. PAINE, OSCAR S. STRAUS, 



V-.YV ? A ';" WIN> CHA8. 8. FAIRCHILD. WALTER H. LEWIS, GFORCK W. I'KRKINS. WM. L. STRONG, 



,, - !" AM V |!0 " T " El -W ARD N. GIBBS. \Vi>OIU;rRY LAM;i>(>\, KDMUND D. RANDOLPH, HENRY TUCK, 



WILLIAM * BUCKLEY, WILLIAM R. GRACE, HENRY C. MORTIMER, HIRAM R. BTEELE, A. H. WELCH. 



