1882. ] ^For Advertising Rates see Page 186.] AMERICAN AGRICULTURIST. 
167 
BEATTY INVESTIGATED. 
The representatives of several prominent journals visited 
the new Piano and Organ factory of Daniel F. Beatty, at 
Washington, New Jersey, a few days since and thus speak 
of the enterprise‘ Leaving New York, foot of Barclay 
Street, a run of two hours brought us to the city made 
famons by its present Mayor, Hon. Daniel F. Beatty, who 
owns and controls the extensive and well organized factory 
where is manufactured his well-known pianos and organs. 
Our party was driven direct to the factory, where we, in a 
hurried manner, took a run through ttie new buildings de¬ 
voted to the manufacture of Beatty’s instruments. We 
could hardly realize that this indomitable man had within 
live months been burned out entire, and these immense 
9tructurCsTiad been erected and put in operation since and 
now turning out 80 musical instruments a day, which we 
were assured would be doubled in 80 days, and trebled in 90, 
for it must be remembered ttiat the final finish on instru¬ 
ments in this new factory had but just begun. We listened 
to the music of the Beethoven Organ for nearly an hour. 
The instruments were taken at random from the lot, and 
we never heard better, sweeter toned reed organs than each 
proved to be, and it is yet a wonder to us how such a 
magnificent Instrument, in appearance, in tone and in va¬ 
riety, can be made for anything like the money he asks for 
it. We can see how upon such a scale, selling direct to the 
consumer and having perfect organization, Mr. Beatty can 
outdo all competitors, Dut that they should be outdone to 
the-extent they are is yet a mystery. If those who have 
spoken disparagingly of Mr. Beatty could take a look at these 
enormous works, common justice would demand retrac¬ 
tions for all they ever said.’’ 
A correspondent of the“Conntry Gentleman” 
says of the “ACME” Pulverizing Harrow, Clod 
Crusher and Leveler :—**** “ An ‘Acme ’ was offered 
' tofme for trial onjthe condition that if it did not work well, 
“ it was to be returned to the seller. We tried it and on 
“ once going over the ground it accomplished the work of 
“ both roller and harrow, and more perfectly fitted the sur- 
“ face to receive the seed, than both could have done. We 
"would not dispose of it for twice its cost. I have no in- 
“ ferest in the manufacture or sale, of either of the Mach ines 
“ I have named, but only speak of them for the benefit of 
" my fellow Farmers, that they may try it, because I think 
“ that every farmer should have a knowledge of any tool 
" winch may prove a public benefit. 
Bonds. 
The policy of the Government in making 
successive calls of bonds for redemption 
will render it necessary for many holders 
to reinvest, during the coming year, money 
now lying in safes and vaults in the form 
of old issues of bonds, which have ceased, 
or will soon cease, to bear interest. 
Government Bonds can be obtained at our 
office in any amount, at market rates, with no 
charge for commission. 
Banking. 
We receive deposit accounts of parties 
in good standing ; satisfactory references 
required from those not already known. 
Interest allowed at 3 per cent, per annum 
on average monthly balances of $ 1,000 or over. 
No interest on accounts averaging less than 
$t,ooo. 
Stocks. 
We do a general commission business 
in Stocks and Bonds dealt in at the New 
York Stock Exchange, and other sound 
securities. 
Especial attention-given to orders by Mail 
and Telegraph from Banks, Bankers, and 
other institutions and from investors out of 
the city. 
Our Memoranda of Government Bonds 
for 1882 , containing valuable information 
on many subjects, can be obtained by all 
desiring to make investments, or to con¬ 
sult its pages for any purpose. 
Fisk & Hatch , 
5 Nassau St., N. Y. 
CHILDRENS SHOES WEAR TWICE 
AS LONG with the beautiful 
<A.S.T. Cfi) 
BLACK TIP UPON THEM. Ask your 
Shoemau for them. 
S WATERBURY WATCH is the cheapest 
stem-winding watch for the price in the world, 
i introduction many improvements have been made, 
and the Company warrant every one a running watch, and 
ao not seed from the Factory any which have not been run 
at leastsix consecutive days in varying positions. Circulars 
free. Sent by mail registered for $3.65. 
CUMMIN3S & CO., 38 Dey St., N. Y. 
THIRTY-SEVENTH ANNUAL REPORT 
OF THE 
New-York Life Insurance Co. 
OFFICE, ITos. 346 and 348 BROADWAY. 
«T-A-ZESTTT 1. 1SS2. 
Amount of Net Cash Assets, January 1, 1881.$41,344,120.86 
REVENUE ACCOUNT. 
Premiums.$8,438,684.07 
Less deferred premiums Jan. 1, 1881.. 387,972.13—$8,050,711.94 
Interest and rents, (including realized gains on real estate 
sold). 2,789,821.70 
Less interest accrued Jan. 1,1881. 357,167.37—2,432,654.33—$10,483,366.27 
$51,827,487,112 
DISBURSEMENT ACCOUNT. 
Losses by death, including Reversionary additions to same.$2,013,203.32 
Endowments matured and discounted, including Reversionary additions 
to same. 564,924.96 
Annuities, dividends, and returned premiums on cancelled policies. 2,513,691.94 
Total Paid Policy-holders.$5,091,820.22. 
Taxes and re-insurances. 224,772.24 
Commissions, brokerages, agency expenses and physicians’ fees. 1,001,027.59 
Office and law expenses, salaries, advertising, printing, &c. 379,860.21— $6,697,480.2G 
$45,130,006.86 
ASSETS. 
Cash In bank, on hand, and in transit (since received).$1,271,588.41 
Invested in United States, New York City and other stocks, (market value, 
$19,315,306.20).17,216,531.42 
Real estate. 4,486,506.62 
Bonds and mortgages, first lien on real estate, (buildings thereon insured 
for $16,940,000.00 and the policies assigned to the Company as ad¬ 
ditional collateral security).18,215,030.73 
Temporary loans, (secured by stocks, market value, $2,883,577.50). 2,376,000.00 
* Loans on existing policies, (the reserve held by the Company on these 
policies amounts to $2,879,000.). 545,227.34 
* Quarterly and semi-annual premiums on existing policies, due subse¬ 
quent to Jan. 1, 1882. 452,161.00 
* Premiums on existing policies in course of transmission and collection 
(estimated reserve on these policies $300,000. included in liabilities) 227,032.97 
Agents’ balances . 48,673.57 
Accrued interest on investments Jan. 1, 1882. 291,254.80—$45,130,008.88 
Excess of market value of securities over cost. $2,093,774.78 
* A detailed schedule of these items will accompany the usual annual 
-report filed with the Insurance Department of the State of New York. 
CASH ASSETS, Jan. 1,1882. $47,228,781.04 
Appropriated as follows: 
Adjusted losses, due subsequent to Jan. 1, 1882. $361,544,70 
Reported losses, awaiting proof, &c. 187,439.98 
Matured endowments, due and unpaid, (claims not presented). 50,252.67 
Annuities, due and unpaid (uncalled for). 2,965.35 
Reserved for re-insurance on existing policies; participating insurance 
at 4 per cent. Carlisle net premium ; non-participating at 5 per cent. 
Carlisle net premium.39,716,408.63 
Reserved for contingent liabilities to Tontine Dividend Fund, over and 
above a 4 per cent, reserve on existing policies of that class. 2,054,244.03 
Reserved for premiums paid in advance. 28,889.67 
$42,401,745.03 
Divisible Surplus at 4 per cent . 4,827,036.61 
Estimated Surplus by the New York State Standard at per ct.,over 10,000,000.00 
From the undivided surplus of $4,827,036 the Board of Trustees has declared a Reversionary 
dividend to participating policies in proportion to their contribution to surplus, available on settlement 
of next annual premium. 
During the year 9,941 policies have been issued, insuring $32,374,281. 
Jan. 1, 1878, 45,605. 
Jan. 1, 1879, 45,005. 
Jan. 1, 1880, 45,705. 
Jan. 1, 1881, 48,548. 
Jan. 1, 1882, 53,927. 
( 1877, $1,867,457. 
Income t 1878i 1 i948 ,665. 
from -( 1879, 2,033,650. 
i 1880, 2.317,889. 
Interest ( j881 2,432,654. 
Number of 
Policies in force 
Amount 
at risk 
( ,877 - Si,638,128. 
Heath- l lg7g< 1687i676- 
claims -< 1879, 1,569,854. 
1880, 1,731,721. 
1881, 2,013,203. 
paid 
Jan. 1, 1878, $127,901,887. 
Jan. 1,1879, 125,232,144. 
Jan. 1, 1880, 127,417,763. 
Jan. 1,1881, 135,726,916. 
Jan. 1,1882, 151,760,824. 
Jan. 1, 1878, $2,664,144. 
Jan. 1,1879, 2,811,436. 
Jan. 1,1880, 3,120,371. 
Jan. 1,1881, 4,295,096. 
Jan. 1, 1882, 4,827,036. 
TRUSTEES : 
DAVID DOWS. 
GEORGE A. OSGOOD, 
HENRY BOWERS, 
LOOMIS L. WHITE, 
ROBERT B. COLLINS, 
S. S. FISHER, 
WILLIAM H. BEERS. 
THEODORE M. BANTA, Cashier. 
D. O’DELL, Superintendent of Agencies. 7 President. 
WILLIAM H. BEERS, 
Vice-President and Actuary. 
MORRIS FRANKLIN, 
WM. H. APPLETON, 
WILLIAM BARTON, 
WILLIAM A. BOOTH, 
H. B, CLAFLIN, 
JOHN M. FURMAN, 
CHAS. WRIGHT, M. D., 
EDWARD MARTIN, 
JOHN MAIRS, 
HENRY TUCK, M. D., 
ALEX. STUDWELL, 
R. SUYDAM GRANT, 
MORRIS FRANKLIN, 
IVl OLLSK’&wKUflH 
-LIVER Oi i 
Superior i 
any. Highest 
medical authorities 
testify to its delicacy of — 
taste and smell. For sale by Druggists. 
W.II.Schieffel i n &Co (ffffS’fcSa) 
T HE RAHN Natural Inclined Hedge Fence. 
Costs only 15 cents per rod, turns any stock in 3 to 4 
years, has no base sprouts, no roots at the surface, no brush 
to handle. Pat’d Nov. 1,1881. Address with stamp, 
S. K. RAHN, West Elkton, Ohio. 
It is a remarkable fact that yon can swallow 
any quantity of L. E. RANSOM’S BETTER 
COLOR and the effect will not be different than from 
eating the same quantity of Butter. No farmer should 
neglect to use so harmless a color. 
