[March, 
AMERICAN AGRICULTURIST. 
1877 .' 
THIRTY-SECOND ANNUAL REPORT 
...V, OF THE 
NEW YORK 
LIFE 
Insurance Company. 
OFFICE, 
Nos 346 and 348 Broaaway. 
JANUARY 1, 1877. 
Amount of Net Cash Assets, Jail. 1, 1876, - $30,166,902 69 
REVENUE ACCOUNT. 
Premiums...$5,910,840 87 
Interest received and accrued. .$2,164,080 81 
Less amount accrued Jan. 1, 1876. 257,130 86—1,906,949 95 — 7,817,790 82 
Total.$37,984,693 51 
DISBURSEMENT ACCOUNT. 
Losses by death..$1,547,648 42 
Dividends and returned premiums on canceled policies. 2,516,681 16 
Life annuities, matured endowments, and reinsurances. 234,230 22 
Commissions, brokerages, agency expenses, and physicians’fees. 373,001 67 
Taxes, office, and law expenses, salaries, advertising, printing, etc.. .. . 376,694 33 
Reduction of premiums on United States stocks... 140,232 32 
On other stocks... 65,307 19 — $5,253,795 31 
Total 
$32,730,£ 
ASSETS. 
Cash in Trust Company, in banks, and on hand.. . $1,427,933 18 
Invested in United States, New York City, and other stocks, (market value, $10,311,045 67).... 9,730,529 91 
Real estate. 2,541,576 46 
This includes real estate purchased under foreclosure, amounting to $773,402 32, a recent 
appraisal of which by competent parties shows that, when sold, the company may reasonably 
expect to realize at least its cost. 
Bonds and mortgages, first lien on real estate, (buildings thereon insured for $15,321,000, and 
the policies assigned to the company as additional collateral security).,.. 17,354,837 84 
•Loans on existing policies (the reserve held by the company on these policies amounts to 
$3,659,490).. 781,585 39 
•Quarterly and semi-annual premiums on existing policies, due subsequent to Jan. 1, 1877. 432,695 40 
•Premiums on existing policies in course of transmission and collection (estimated reserve on 
these policies $505,000, included in liabilities). 125,027 15 
Agents’ balances... 36,154 19 
Accrued interest on investments to Jan. 1,1877. .300;558 68 - 
*A detailed schedule of these items will accompany the usual annual report filed xoith the Insurance De¬ 
partment of the State of New York. 
Excess of market value of securities over cost. 
Cash Assets, Jan. 1, 1877 .- $33,311,413 96 
i { Appropriated as follows: 
Adjusted losses, due subsequent to Jan. 1, 1877... ... $314,440 98 
Reported losses awaiting proof, etc.. 201,152 21 
• Reserved, for reinsurance on existing policies; participating insurance at four per cent Carlisle,net 
premlium; non-participating at five per cent Carlisle net premium.29,634,461 61 
Reserved for contingent liabilities to Tontine Dividend Fund, over and above a four per cent re¬ 
serve on existing policies of that class. . 517.504 84 
Reserved for premiums paid in advance. 
: 32-30,684,597 96 
Divisible Surplus at four per cent,. 2,626,816 00 
Surplus, estimated by the New York State Standard at 11.2 per eent, over.35,500,01)0 OO 
From the undivided surplus of $2,626,816, the Board of Trustees has declared a Reversionary Dividend, available on 
settlement of next annual premium to participating policies proportionate to their contributions to surplus. The cash 
Value of the reversion may he used iu such settlement if the policy-holders so elect. 
DURING THE YEAR, 6,514 POLICIES HAVE BEEN ISSUED, INSURING $20,062,111. 
Number of policies iu force Jan. 
Number of policies in force Jan. 
Amount at risk Jan. 1, 1876. 
Amount at risk Jan. 1,1877. 
, 1876, 44,661. 
, 1877,) 45,421. 
$126,132,119 00 
. 127,748,473 00 
MORRIS FRANKLIN, 
DANIEL S. MILLER, 
ROBERT B. COLLINS, 
CHARLES WRIGHT, M. 
J. F. SEYMOUR, 
HENRY BOWERS, 
ISAAC C. KENDALL, 
WM. H. APPLETON, 
LOOMIS L. WHITE, 
H. B. CLAFLIN, 
GEORGE A. OSGOOD, 
JOHN M. FURMAN, 
MORRIS 
WILLIAM 
TRUSTEES: 
DAVID DOWS, 
JOHN MAIRS, 
WILLIAM BARTON, 
WILLIAM A. BOOTH, 
C. R. BOGERT M. D„ 
EDWIN MARTIN, 
WILLIAM H. BEERS. 
FRANKLIN, President. 
II. BEERS, Vice-President and Actuary. 
THEODORE M. BANTA, Cashier. 
D. ODELL, Superintendent of Agencies. 
CORNELIUS B. BOGERT, M.D., 
CHARLES WRIGHT, M.D., 
Medical Examiners. 
(INCORPORATED FEBRUABY 3d, 1877.) 
Mapes 
Formula and 
Peruvian Guano Co,, 
IMPORTERS AND DEALERS IN 
Peruvian Guano, Nitrate of Soda, Sul¬ 
phate of Ammonia, Sulphuric Acid, 
Bone Black, Potash Salts (all grades), 
Dried Blood and Flesh, and Fer¬ 
tilizing materials generally. 
MANUFACTURERS OF 
Dissolved Bone, Acid Phosphate, 
Mapes’ Nitrogenized Superphos¬ 
phate, Prepared Fish Guano, 
Pure Ground Bone (Coarse, Me¬ 
dium, and Fine), Bone Flour- 
All Formulas to suit 
Special Wants. 
Circulars mailed free containing formulas for “Prof. 
Ville’s Complete Fertilizer”— manures for Special 
Crops. Exhaustion, per acre, of Ammonia, Phosphoric 
Acid, and Potash, by leading crops. Barn-yard Manure, 
Chemicals and Peruvian Guano compared. 
CHARLES V. MAPES, General Manager, 
158 Front St., New York. 
Premium Mangle. 
all work, either hand __ 
power. Cold or Steam Heated 
Rolls cheap, durable, highly re¬ 
commended. 
For circulars apply 
STANDARD LAUNDRY MA¬ 
CHINE CO., 32 Dey St., New 
York. 58 Long Wharf, Boston. 
‘Imperial Egg Food” will cause the most ob¬ 
stinate Fowl to lay. See adv’t page 118. 
PREMIUM CHESTER WRITE, BERK¬ 
SHIRE and ESSEX PIGS, bred and for sale by 
GEO. B. HICKMAN, West Chester, Chester Co., Penn. , 
Also fancy poultry. Send stainp for circular and price list. 
F or Male sit I leetwood Stock Farm, 
near Frankfort, Ky„ Thoroughbreds. Trotters. Jersey 
Cattle, &c. Address _ J. W. HUNT REYNOLDS. 
~t /A Cts.—I will mail in U. S. a Door Key Attach- 
CT^NTTA 23 cts - for Farmers' Hand-Book of Interest 
ioJ—iX'l J J Table and rules. Also, 25 cts. tor Common 
Sense Tack Driver. Thousands in use. Agents wanted for 
Adjustable Barrel Cover, for merchants’ and family 
use. One firm ordered 200 doz. Address, 
Statesman Adv. Dept., Marshall, Mich. 
THE CILPIN SULKY PLOW. 
Constructed entirely of iron and 
steel. Easily operated entirely by 
one lever. Simple, strong, dura¬ 
ble. Performs better work in 
unskilled hands than a skillful 
plowman can do with walking 
plow. 7,000 sold and in use in two 
years, giving unbounded satisfac¬ 
tion. Gold Medal at Illinois State 
trial 1874, and Indiana State trial 
1876, the two highest ever award- 
,, ,, ed sulky plows. 
H-H. ALLEN & CO., 1S9 Water St., New York, Agent. 
DEERE & CO., Moline, Ills. Established 1847. Manufac¬ 
turers of Gang Plows, Cultivators, and steel Plows of all 
sizes, especially adapted to sticky soils. Send for circulars. 
Choice Plants and Seeds. 
AT LOW RATES TO SUIT THE TIMES. 
Enclose a letter-stamp for our handsomely illustrated 
Catalogue for 1877. and address 
TH£ BEI-LKTDE^rRSEaV^OMPANY, 
BOOKWALTEIt ENGINE. 
Compact, Substantial, Economical, and 
Easily managed. Guaranteed to work 
well and give full power claimed. En¬ 
gine and Boiler complete, including 
Governor, Pump, &c., (and boxing), at 
the low price oi 
3 Horse-Power.$352.00 
*'A “ “ . 303.50 
B3?" Put on Cars at Springfield, Ohio. 
JAMES LEFFEL & CO., 
Springfield, Ohio, 
or 109 Liberty St., Few York City. 
HARTFORD PUMP CO. 
Water raised to any height and 
distance by 
COMPRESSED AIR. 
The best and most economical means- 
yet devised for giving a Country House 
or farm the water conveniences enjoy¬ 
ed in cities. Plenty of fresh water for 
stock on farms. 
For Catalogue and Price List, address 
HARTFORD PUMP CO., Hartford, Conn. 
