SCIENCE. 



[Vol. XI. No. 261 



STATEMENT 



The Mutual Life Insurance Company of New York, 



EICHAED A. MoCUKDY, President. 



For the year ending December Slat, 1887. 



ASSETS $1 18, 806,851 88. 





Insurance and Annuity Account; 









No. 



Amount. 



No. 



Amoimt. 



Policies and Annuities in 



force, Jan. 1st, 1887.... 



Risks Assumed 



129.927 

 23,305 



$39.3,809,302 88 

 69,457,468 87 



Policies and Annuities in 



force, Jan. 1st, 1888. . . 

 Eisks Terminated 



140,943 

 11,289 



$427,628,933 51 

 35,637,738 74 





152,232 



$463,266,671 35 



152,233 



$463,866,671 25 



Revenue Account. 



To Balance from last account . . . $104,719,734 31 



" Premiums 17,110,901 62 



" Interest, Rents and Premium 



on Securities Sold 6,009,030 84 



$137,839,656 77 



By Endowments, Purchased Insur- 

 ances, Dividends, Annuities 

 and Death Claims 14,128,423 60 



" Commissions, Commutations, 

 Taxes and all other Expen- 

 ses 3,649,614 49 



" Balance to new account 110,001,718 68 



$127,839,656 77 



Balance Sheet. 



To Reserve for Policies in force 



and for risks terminated . . $112,430,0' 

 *^ Premiums received in advance 82,3 

 " Surplus at four per cent. 



$118,808,851 88 



By Bonds Secured by Mortgages on 

 Real Estate $ 



" United States and other Bonds. 



" Real Estate and Loans on Col- 

 laterals 



" Cash in Banks and Trust Com- 

 panies at interest 



" Interest accrued. Premiums de- 

 lerred and in transit and Sun- 

 dries 



2,973,169 98 



$118,800,851 88 



I have carefully examined the foregoing statement and find the same to be correct. 



A. N. WATBRHOUSE, Auditor. 

 From the Surplus above stated a dirtdend will be apportioned as usual. 



Risks 



Year. 



Surplus. 



Risks 

 Assumed. 

 1S84 $34,681,420 $351,7.S9,285 $4,743,771 



1885 46,507,139 368,981,441 5,012,634 



1886 56,832,719 393,809,203 5,643,668 



1887 69,457,468 427,628,933 6,294,443 



New Tork, January 33, 1888. 



ROBERT A. GBANNISS, Vice-President. 

 ISAAC P. LLOYD, 2d Vice-President. WILLIAM J. EASTON, Secretary. 



BOARD OF TRUSTEES. 



Samuel E. Sproulls, 

 Lucius Robinson, 

 Samuel D. Badcock, 

 George S. Coe, 

 John E. Develin, 

 Richard A. McCurdy, 

 Tames C. Holden, 

 Hermann C. von Post, 

 Alexander H. Rice, 



F. Ratchford Starr, 

 Lewis May, 

 Oliver Harriman, 

 Henry W. Smith, 

 Robert Olvphant, 

 George F. Baker, 

 Tos. Thompson, 

 Dudley Olcott, 

 I Frederic Cromwell, 



L Hobart 

 \Vm. p. Dixon, 



P.OBERT A. GrANNISS, 



Nicholas C. Miller, 

 Henry H. Rogers, 

 Jno.W. Auch 



