1879.] 
AMERICAN AGRICULTURIST. 
109 
TEAS 
We are now supplying all our customers with Extra 
Choice Teas at the very lowest wholesale prioe, 50c. 
per pound. Good Teas, 30c., 35c. and 40c. per pound; 
and on Tea Orders of $5 and upwards, 
All Express Charges Paid. 
Our business connections with China and Japan, direct 
importations from the place of growth, long experience in 
the business, and special contracts with the Express Co.’s 
for reduced rates, place us before the public as the 
Leading Tea House in the U. S., 
and the PIONEERS IN REDUCING PRICES 
and KEEPING THEM DOWN. 
Don’t give high prices, but send direct to the 
OLD RELIABLE TEA HOUSE 
(The Great American Tea Company), 
and get your goods at 
Greatly Reduced Prices. 
Don't be deceived by other concerns who imitate our style 
and manner of doing business. 
We urge all lovers of good Teas to give us a trial. 
Special Inducements on Large Orders. 
FULL PARTICULARS FREE. 
THEM AMERICAN TEA C0„ 
Importers, 31 and 33 VESEY STREET, 
P. O. Box 4,335. NEW YORK. 
The Largest and Cheapest Tea House in the United Stales. 
Steam - Engines. 
FOR 1878 A>,I) 1870. 
More effective and more complete, and more readily 
adapted to the various mechanical and agricultural uses 
than any other in the market. Practical improvements 
accumulated from twenty years’ manufacturing experience, 
witli reputation maintained and success established. 
Send for Circulars, descriptive, ami containing testimoni¬ 
als concerning our PORTA B1JE STATIONARY 
and AGRICULTURAL STEAM-ENGINES. 
WOOD, TABER &. MORSE, 
Eaton, Madison Co.. N, Y. 
THE 
Only Sensible Shoe for Children 
Are those with the SILVER or 
THE <EE£si> BLACK TIP UPON THEM, 
THEY REDUCE SHOE BILLS ONE-HALF. 
J. M. THORBURN & CO. 
15 John St., New York, 
Will Issue in January and mail to applicants their new 
DESCRIPTIVE PRICED CATALOGUE OF 
1 
for the VEGETABLE and FLOWER 
Garden, for the LAWN, the FARM, 
_and NURSERY._ 
Improvement for 1879. 
THE SAFETY HOT BLAST 
OIL STOVE. 
J3T“ Does not heat the house. Perfect 
for all kinds of Cooking and 
■ons. Always ready and reliable. The 
most satisfactory Stove made and the 
Cheapest. Jgr Send for circulars. 
»!^BffiCTNUT I sf..^jflLADiLPlftA, 
L E. RAWSON, 84 MAIDEN LANE, N. Y. CITY, 
• Importer of Annatto end Dairy Coloring. 
THIRTY-FOURTH ANNUAL REPORT 
OF THE 
New-York Life Insurance Company, 
Office, Nos, 346 & 348 Broadway. 
JANUARY 1, 1879. 
Amount of Net Cash Assets, Jan. 1, 1878, 
$34,452,905 29 
REVENUE ACCOUNT. 
Premiums received and deferred....$6,121,856 04 
Less deferred premiums January 1,1818...” '3% t 289 26—15,725 566 78 
Interest received and accrued.. 2 264 560 48 
Less Interest accrued January 1,1878.LLLL'.L'.'.L'.L'.'.'. ’sis’.SOS 35-11,048,665 13-7,674,231 91 
DISBURSEMENT ACCOUNT. 
Losses by death, including Reversionary additions to same. 
Endowments matured and discounted, including Reversionary additions to same. 
Life annuities and reinsurances... 
Dividends and returned premiums on cancelled policies. 
Commissions, brokerages, agency expenses, and physicians’ fees.. 
Taxes, office and law expenses, salaries, advertising, printing, etc. 
Reduction of values on United States and other stocks. 
Profit and loss account. 
ASSETS. 
$42,127,137 20 
$1,687,675 61 
673.051 74 
231,005 29 
2,288.674 25 
518,809 94 
417,258 78 
88,635 00 
8,568 98—5,013,670 59 
"$ 36 ^ 13 ^ 457^61 
Cash in bank, on hand and in transit, since received... $ 932,539 43 
Invested in United States, New York City, and other stocks, (market value $15,415,105 34)_.. 14,791,267 72 
Real estate. 4,582,270 42 
Bonds and mortgages, first Hen on real estate (buildings thereon insured for $12,860,000, and 
the policies assigned to the company as additional collateral security)... 14,364,158 43 
•Loans on existing policies (the reserve held by the company on these policies amounts to 
$8,225,000) . 621,984 93 
•Quarterly and semi-annual premiums on existing policies, due subsequent to Jan. 1, 1879 . 379,839 09 
•Premiums on existing policies In course of transmission and collection (estimated reserve on 
these policies $590,000; included In liabilities).. .. 146,834 75 
Agents’ balances. . 88,036 91 
Accrued interest on investments to Jan. 1, 1879... 306,225 93 
•A detailed schedule of these items will accompany the usual annual report filed icith the Insurance De¬ 
partment of the State of Nero York. 
Excess of market value of securities over cost..... 
$36,213,457 61 
623,837 62 
Cash Assets, Jan. 1, 1879 ------- $36,837,295 23 
Appropriated as follows: 
Adjusted losses, due subsequent to Jan. 1,1879.. $399,486 68 
Reported losses, awaiting proof, etc. 180,993 39 
Matured endowments, due and unpaid. 19,601 07 
Reserved for reinsurance on existing policies; participating insurance at four per cent Carlisle, net 
premium; non-participating at five per cent Carlisle net premium...32,369,333 40 
Reserved for contingent liabilities to Tontine Dividend Fund, over and above a four per cent re¬ 
serve on existing policies of that class. 1,041,456 87 
Reserved for premiums paid in advance .. 14,987 18—31,025,858 95 
Divisible Surplus at four per cent.. .. .2,811,436 64 
$36,837,295 23 
Surplus, estimated by the New York State Standard at 4 1-3 per cent, over.S6.500.000 OO 
From the undivided surplus of $2,811,436.64, the Board of Trustees has declared a Reversionary Dividend to participat¬ 
ing policies in proportion to their contributions to surplus, available on settlement of next annual premium. 
DURING THE YEAR, 5,083 POLICIES HAVE BEEN ISSUED, INSURING $15,949,986. 
Number of Policies in force Jan. 1, 1876, 44,661. Amount at risk, $136,132,119. 
Number of Policies in force Jan. 1, 1877, 45,421. Amount at risk, 127,748,473. 
Number of Policies in force Jan. 1, 1878, 45,605. Amount at risk, 127,901,887. 
Number of Policies in force Jan. 1, 1879, 45.005. Amount at risk, 125,232,144. 
Death-Claims paid 1875, $1,524,815. Income from Interest, 1875, $1,870,658. Divisible surplus at 4 p. c. Jan. 1, 1876, $2,409,656. 
Death-Claims paid 1876, 1,547,648. Income from Interest, 1876, 1,906,950. Divisible surplus at 4 p. c. Jan. 1, 1877, 2,630,816. 
Death-Claims paid 1877, 1,638,128. Income from Interest, 1877, 1,867,457. Divisible surplus at 4 p. c. Jan. 1, 1878, 2,664,144. 
Death-Claims paid 1878, 1,687,676. Income from Interest, 1878, 1,948,665. Divisible surplus at 4 p. c. Jail. 1, 1879, 2,811,436. 
TRUSTEESi 
MORRIS FRANKLIN, 
ROBERT B. COLLINS, 
CHARLES WRIGHT, M. D„ 
J. F. SEYMOUR, 
JOHN MAIRS, 
DAVID DOWS, 
HENRY BOWERS, 
JOHN M. FURMAN, 
WILLIAM A. BOOTH. 
WM. H. APPLETON, 
EDWARD MARTIN, 
S. S. FISHER, 
WILLIAM BARTON, 
HENRY TUCK, M. D„ 
EDW. A. WHITTEMOEE, 
H. B. CLAFLIN, 
LOOMIS L. WHITE. 
GEORGE A. OSGOOD, 
WILLIAM H. BEERS. 
MORRIS FRANKLIN, President. 
WILLIAM H, BEERS, Vice-President and Yet nary, 
THEODORE M. BANTA, Cashier. 
D. O'DELL, Superintendent of Agenclef, 
CHARLES WRIGHT, M.D., Residence, 109 E. 26th St*) u.rti —.1 Rviwlsin 
HiNBY TUCK, 11,0., Residence. 15 E. 3lit. St, } Medical Examiners. 
