1877.] 
AMERIOAlSr AG-niCULTURIST. 
4.77 
A Paper for Young People,— The Youth's Companion 
of BoBton employs tlie s<ime writers us the best English and 
American magazines, :indno other publication for the family 
furnishes so much entertainment and instruction of asuperi- 
or order for so lo«' a juice. Anions its contributors are 
Dinah MrLOCH Craik. .Miss Yonge, J. T. Tuowbridge. 
Louisa M. Alcott. Henry NY. Longfellow, \Vm. Cullen 
Bryant, John G. 'Whittiee, and nearly fifty of the best 
story-writers. 
PUZZLE FOR THE BOYS. 
The chicks In the H n house are all in a flutter I 
"What mean the piercing cries they utter ? 
I 1 E ^ F d, cacii pullet beRB, 
Yon most give us this to get our E gs ! 
Pure Gum 
RUBBER BOOTS! 
Will Ontf ear Common RnMer Boots. 
Madehythe "CANDEE RUB- 
BER CO.** ivith a view to u.^\ti\x. 
durabiliiy, and difler from ordiriary 
nai)ber Boots in beins entirely free 
ft-om adnlterative mixtures. Made 
of Pure Para Gum, compounded 
only witli the incredients necessary 
to " vulcanize " the g;oods to insure 
uniform pliability in any tempera- 
ture. 
Zturabilit// being the point aimed 
flt, the Boots arc made as pure as 
possible, without regard to a highly 
finished surface, and tliesnlpliurous 
appearance of the " Candee '* 
Boot is evidence of its purity. 
Bnyers should beware of imita- 
tions, as "dull 
finish" Boots of 
cheap quality are 
on the market and 
are sold to the un- 
wary for *' Pure 
Boots." AU Pure 
Boots are branded 
thus : : 
:*'sta;;dakd pure, 
: l. caxdee & co." 
No orders received 
at l-actorv. .Ask 
your doah-r for the 
*' Candee" Boot. 
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It Is one of the best, hrisiitest. and cheapest of the religi- 
ous weeklies. It is edited wttli great ability by 
Kev. DAVID H. WHEELER. I>.D., 
iiRfiiRted by able contriinitors. Amnn.r its dfpartments are 
Editorials on Curn-nt and lieliKions Toitics, a Weekly 
Sermon, a Serial Story, a Department for the children, an 
excellent Exposition of tIm' Weekly Snndav-Sc^liool Lesson, 
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Address 
H. W. DOCIGLAS, Publisher of Thk MKTnopTST. 
N'o. lii Murray Street, New Vork. 
PARENTS, 
it is wasteful to buy shoes for your chil- 
dren without the bfniitifiil Silver tips on 
them, and tliose for the boys should al- 
so have the Solos Wire Quilted. 
SEND 3» CENTS BV HAII, AND GET 
And Not 
'Wear Out. 
The Anierlcdii Ai/nrxfurixtBtiva: " We have iirverfonnd 
ft walrh It would not (It." For sale by Watchmnkers. Tin* 
New Automatic Eve Glas'i Holder, '.'."jc. Alf>o HlrchV Pat. Key 
Jline, 10c. Cireiilnrs free. Mention Aptirultnrist yrfi^u t/nu 
mite. -T. S. nine n ^ CD.. ?R Ti. y Sr.. N . -w Vmi.. 
C^^ENITTNE JEWtTLRY, WATCHES, DIA- 
.1 \|()ND-- i;i p|>irl:ili\ t. Articles In sti . er; .Ii'wolrv oMiv 
In gold oi li caint- ;ind upward. No deception In qnalliy or 
price. Prices reasonable. Over 3il years at the same idKco. 
* H. N. SQDIRES, 97 Fulton St., N. T. City. 
RrEPORT 
OF TEE 
SUPERINTENDENT OF THE INSUEANCE DEPAETMBNT 
OF THE STATE OP NEW YOEK, 
ox THE 
Examination of the New York Life Insurance Company, 
OF UEW XOEK CITY. 
iNSCEAi'CE DePAKTMEXT, 
Albany, October 24tb, 1877. 
The Superintendent having personally, and throuj^h the services of the Deputy Superintendent, aided by the force of 
the Department, commenced and completed a searchiuj; examination into the affaiis of the New roRK Life IxsrnANCE 
Company of the City of Xeu- York, it alTords liim unqualifled pleasure at being able to announce and make public the grati- 
fying fact that the result of this examination is most sati.-factory, and that, from the data in possession of tne Department, 
the solvency of this, or other companies undergoing a similar test, can be readily ascertained, at little expense, for many 
years to come. 
This Company was organized in 1845, and no investigation having been made, either bv the Department or other proper- 
ly cons^tituted public authority, prior to the date when the Department was formed, much tmie has necessarily been ex- 
pended to bring the matter to a conclusion. 
The services of forty-one gentlemen of character, standing, and experience, have been procured, who have valued and 
appraised the property, situated in forty counties in this State and in the State of ?\ew Jersey, covered bv 2.029 mortgagee 
amounting to the tsum of ^17,354,847.34, and 49 pieces of property o\vned bv the Companv, amounting in value to ihe 6um of 
J2,541,576.46; which services have been intelligently and efiaciently performed. The abstracts of title to each and every 
piece "f these large amounts of property have been closely exammed and reuortt^d on to the satisfaction of the Superin- 
tendent. All other investments, amounting to 5;iu,311,(i45.67, have been carefullv looked into, and evidence "f payment by 
the Company, either by check or otherwise, for such investments, demanded and given, although many of these pavmcnts 
were made twenty years ago. The cash securities of the Company, the cost of which on the books amounts to 59.730,529.91, 
are of the most unexceptionable character, and are worth ^580,515.76 more than cost. 
The Superintendent personally examined these securities, taking the letter, number, and denomination of each security, 
and preserving the record of the same in the Department. In every mstance where securities had depreciated in value, such 
depreciation had been promptly cliarged to proiit and loss account, and all items of d"ubiful character bad been stricken 
off by the Company from its assets, and omitted from its reports. Complete seriatim lists ot policies, premium loans, and 
uncollected and deferred premiums have been made, and are on file in the Department. 
LIABILITIES. 
Every item of liabilitv. real and actual, or contingent, as sworn to by the officers In the last Annual Keport made to the 
Department, a copy of which is herein embraced, has been clnselv scrutinized, and the statements in said report found to 
be true to the letter, and no other liabilities were fotmd to exist. 
MISCELLANEOUS, 
The different Departments— McdicaL Actuarial, and Agency— have been reviewed, with the most eaiisfactory results- 
gentlemen entirely competent and assiduous having been found in charge of each branch, to whose conduct and perform- 
ance of their duties much is due. 
Agents collecting funds of the Company at different points, are held to a rigid accountability, remittances being re- 
quired at the larger points tri-weekly, while at the smallest points settlements are n"t allowed to be delayed longer than 
one week. Bonds are required where the sums handled are sufficient to justify the same. 
The svstem of bouk-keeping adoided by the Company, after manv years of experience, seems to be perfect— the checks 
by one division on anotlier being so complete, that no wrong can be done to policy-holders by fals ■ entries of anv kind short 
of wide-spread collusion among many employes, all of whom were found to bo exceedingly courteous, and. acting under 
instructions from the principal officers of the'Company, were prompt in furnishing full information as to cvcrv detail. 
Judged by the hardest test that could be applied under the law, and with every doubtful item eliminated from their re- 
source^, the net surplus, as shown by the detailed statement of this Company, which follows, amounts to $5,%2.S7S.79. 
This exhibit clearly establishes the fact that where a Life Insurance Company is honestly, ably, and prudently managed, 
there is no occasion to' force a showing of solvency by including in its assets prospective value of real estate, and excesses 
of premium pa^nnents to be received. 
For the reasons above given, the Superintendent has no hesitation in stating that this great Corporation is entitled to 
public confidence, and its officers to his warmest commendation. 
ASSETS. 
Real Estate $ 2,47S,0"-.5ll 
Bonds and Mortgages 
Stocks, Bonds, etc., owned by the Company : 
17,205 ,2C2 .84 
Cost Value. 
Merchants Bank, S. T„ stock $ IS.ToS.TB 
Bank of America, K. T., stock S,.|S4,00 
Bank of the Republic, N. T., stock 1,470.00 
American Exchange Bank, N. Y., stock 10.125 00 
Metropolitan Bank. N. T„ stock S,:;S1.25 
United States Bonds 3,702.113,97 
Central Park Loan 55,233.75 
Delaware and Hudson Canal Co., stock 4-1,500.00 
Delaware and Hudson Canal Co., bonds 400,000.00 
New York Strcet-Openlnc bonds 649,a67.10 
New York County Bounty Bonds 41, 04.00 
New Yorlv City consolidated bonds I>15,59G.25 
New York Coiintv consolidated bonds 11^,928.75 
New York Citv (;Slorn8ani!i and West Fanns> bonds lio.OOO.tO 
New York Central and Hudson Elver K. E. bonds I,019,3o2.50 
New York and Harlem B. B. bonds 1,074.075.00 
Brooklyn City bonds 9M,1.W.S0 
.Tersey'Cltv bonds 442.425.00 
Yonkers town bonds 178,179.16 
Newark City bonds 120,875.00 
Flushing YTater bon'Is.. 
RensBela<-r and Saratoga R. B. bonds.. 
Eastchester bonds 
Richmond City bonds 
Tennessee bonds 
Georgia bonds 
Alabama bonds 
South Carolina bonds 
Mississippi warrants 
77,Cftl.OO 
9,519.92 
5.000.00 
46.250.00 
8,000.00 
2.730.00 
15,810.00 
8,960.00 
15,285.71 
Jfarket VaUte. 
? 16,100.00 
10.164.00 
l,470.«l 
10,500.00 
6,400.00 
3,892,703.84 
26,750.00 
4-1,800.00 
400,000.00 
676,110.00 
42,000.01 
745,S75.ai 
131,625.00 
60,000.00 
1,170,000.00 
1,178,333.33 
1,1124,700.00 
460,590.00 
183,700.00 
131,210.00 
ai.ooo.oo 
10,155.00 
5.000.00 
56,5tXl.«l 
8,000.00 
3,500.00 
15,810.00 
8,960.00 
20,000.00 
Totals $9,730,529.91 $10,311,045.67 10.311,015.67 
Preralnm Notes and Loans $ 781,585.39 
Cash in Banks and Trust Companies 1.427.K<S.18 
Interest dur and accrued on Bonds and Morttragcs 224,052.75 
Interest due and accrued on stocks and Bonds 42,320.89 
Interest duo and accrued on Premium Notes and Loans 2.'>,7t)9.S7 
Rents due and accrued 8,476.17 
Premiums due and unreported $125,< 27.15 
Premiums deferred 432,695.40 
Total $557,722.55 
Deduct 20 per cent estimated cost of collecting above ; 111.644 51 
Net amount $146,178.04 
Total admitted Assets $82,945,621.30 
Items not admitted : 
Agents' Balances ? 36,151.19 
Cost value of Keal Estate over Jtresrnt appraised valvies 6S.1SS.V6 
Loans on Mortgage in excess or present value I19,605.(X1 
Total $251,248.15 
Total Cross Assets $33,199,869.45 
LIABILITIES. 
Deatti Losees and Matured Endowments not due $ 418.3^3.19 
Death Lnssrs and Claims resisted 97.20 .iV 
Premiums p;il(l in advance 17,tloS.:^2 
Estimated lialillllv on Lapsed Policies lO.Ort'.OO 
Net Reinsurance Eeserrc 26,440. ul.w 
Total I.inhiliiies $26,982,742-5 1 
Surplus as rei-nrds pnliry-liolrterson llio basis of .".dmitteil assets as dcicrniined by tliis ropori S5,96'.2f878.79 
Surplus as refills iioliey-hoiders on the basis of toial assets, as roportcii l>y ilie Company $6,2 ( 7, I 26.94 
Esiiiiiatcd surplus of ToiitiBo policy-holders included in the Rbovo $ 517,504.84 
JOHN r. SMYTH, Superiuiciideut, 
X 
