1877 .] 
AMERICAN AGRICULTURIST. 
477 
A Paper for Young People.— 1 The Youth's Companion 
of Boston employs the same writers as the best English and 
American magazines, and no other publication for the family 
furnishes so much entertainment and instruction of a superi¬ 
or order for so low a price. Among its contributors are 
Dinah Muloch Craik, .Miss Yonge, J. T. Trowbridge, 
Louisa M. Alcott. Henry \V. Longfellow, Wm. Cullen 
Bryant, John G. Whittier, and nearly fifty of the best 
story-writers. 
PUZZLE FOR THE BOYS. 
The chicks in the H-n house are all in a flutter! 
What mean the piercing cries they utter ? 
I-1E-g F-d, each pullet begs, 
You must give us this to get our E-gs 1 
Pure Gum 
RUBBER BOOTS! 
fill Outwear Common Earner Boots. 
Made by the “CANDEE RUB¬ 
BER CO.” with a view to great 
durability, and differ from ordinary 
Rubber Boots in being entirely free 
from adulterative mixtures. Made 
of Pure Para Gum, compounded 
only with the ingredients necessary 
to “ vulcanize ” the goods to insure 
uniform pliability iu any tempera¬ 
ture. 
Durability being the point aimed 
at, the Boots are made as pure as 
possible, without regard to a highly 
finished surface,and thesnlphurous 
appearance of the “Candee” 
Boot is evidence of its purity. 
Buyers 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.” All Pure 
Boots are branded 
thus: : 
: " STANDARD PURE, 
: L. CANDEE & CO.” 
No orders received 
at Factory. Ask 
your dealer for the 
“ Candee” Boot. 
A FIRST-CLASS 
Religious, Literary and 
Family Newspaper, 
Do YOU WANT A NEW YORK RELIGIOUS NEWS¬ 
PAPER? If so, send for 
T THE METHODIST. 
It is 
INDEPENDENT, NATIONAL, FRATERNAL. 
Rev. DAVID H. WHEELER. D.D., 
assisted by able contributors. Among its departments are 
Editorials on Current and Religious Tonics, a Weekly 
Sermon, a Serial Story, a Department for the children, an 
excellent Exposition of the Weekly Sunday-School Lesson, 
Church News from all parts of the country. The Mktho- 
* nd is only $2 - 30 
We oiler as a SPECIAL PREMIUM to any person who 
will send 5 New Subscribers to The Methodist, 
WEBSTER'S UNABRIDGED DICTIONARY, 
Newest Edition, Library Binding, 
1.840 pages, 3,000 engravings, price $12, for 
five new subscribers to The Methodist at (3.20 each 
a year. Persons .subscribing to The Methodist now 
for 1878 receive the paper the rest of this vear free. If you 
desire a specimen copy before subscribing, send a 2-cent 
stamp to prepay postage on same. 
Send funds for subscriptions in Post-Office Money-Order, 
Draft, Bank, Check, or Registered Letter. 
Address 
H. W. DOUGLAS, Publisher of The Methodist, 
No. 15 Murray Street, New York. 
PARENTS, 
it is wasteful to buy shoes for your chil¬ 
dren without the beautiful Silver tips on 
them, and those for the boys should al¬ 
so have the Soles Wire Quilted. 
SEND 30 CENTS BY MAIL AND GET 
And Not 
1 Wear Out. 
The American Agriculturist says : ” We have neverfound 
a watoil it would not fit.” For sale by Watchmakers. The 
New Automatic Eye Glass Holder, 25c. Also Bircli’sPat. Key 
Ring, 10c. Circulars free. Mention Agriculturist when you 
write. .1. S. BIRCH & CO.. 38 Dcy St... New York. 
GENUINE JEWELRY, WATCHES, DIA- 
VI MONDS (a specialty). Articles in Silver; Jewelry only 
In gold of 14 carats and upward. No deception in quality or 
price. Prices reasonable. Over 30 years at the same place. 
H. N. SQUIRES, 97 Fulton St., N. Y. City. 
REPORT 
OF THE 
SUPERINTENDENT OF THE INSURANCE 
OF THE STATE OF NEW YORK, 
DEPARTMENT 
Examination of the New York Life Insurance Company, 
OF 
YOEK CITY. 
Insurance Department, 
Albany, October 24th, 1877. 
„ 5 Deputy S 
_,__,_iug examination Into the affaiis of the New York Life Insukance 
Company of the City of New York, it affords him unqualified pleasure at being able to announce and make public the grati¬ 
fying fact that the result of this examination is most satisfactory, and that, from the data in possession of the 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 by the Department or other proper¬ 
ly constituted public authority, prior to the date when the Department was formed, much time lias 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 New Jersey, covered by2,629 mortgagee 
amounting to the sum of (17,354,847.84, and 49 pieces of property owned by the Company, amounting in value to Hie sum of 
$2,541,576.46; which services have been intelligently and efficiently performed. The abstracts of title to each and every 
piece of these large amounts of property have been closely examined and reported on to the satisfaction of the Superin¬ 
tendent. All other investments, amounting to $10,311,(145.67, have been carefully looked into, and evidence of payment by 
the Company, either by check or otherwise, for such investments, demanded and given, although many of these payments 
were made twenty years ago. The cash securities of the Company, the cost of which on the books amounts to $9,730,529.91, 
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 instance where securities had depreciated in value, such 
depreciation had been promptly charged to profit and loss account, and all items of doubtful character had been stricken 
off by the Company from its assets, and omitted from its reports. Complete seriatim lists of policies, premium loans, and 
uncollected and deferred premiums have been made, and are on file in the Department. 
LIABILITIES. 
Every item of liability, real and actual, or contingent, as sworn to by the officers in the last Annual Report made to the 
Department, a copy of which is herein embraced, has been closely scrutinized, and the statements in said report found to 
be true to the letter, and no other liabilities were found to exist. 
MISCELLANEOUS, 
The different Departments—Medical, Actuarial, and Agency—have been reviewed, with the most satisfactory 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 not allowed to be delayed longer than 
one week. Bonds are required where the sums handled are sufficient to justify the same. 
The svstem of book-keeping adopted by the Company, after many years of experience, seems to be perfect—the checks 
by one division on another being so complete, that no wrong can be done to policy-holders by false entries of any kind short 
of wide-spread collusion among many employes, all of whom were found to be exceedingly courteous, and, acting under 
instructions from the principal officers of the Company, were prompt in furnishing full information as to every detail. 
Judged by the hardest test that could be applied under the law, and with every doubtful item eliminated from their re¬ 
sources, the net surplus, as shown by the detailed statement of this Company, which follows, amounts to $5,962,878.79. 
This exhibit clearly establishes the fact that where a Life Insurance Company is honestly, ably, and prudently managed, 
there is no occasion to force a showing of solvency by including in its assets prospective value of real estate, and excesses 
of premium payments to be received. 
ASSETS. 
Real Estate.$ 2,473,0 
Bonds and Mortgages. 
Stocks, Bonds, etc., owned by the Company: 
Merchants Bank, N. Y„ stock.. 
Bank of America, N. Y.j stock. 
Bank of the Republic, N. Y., stock. 
American Exchange Bank, N. Y., stock. 
Metropolitan Bank, N. Y„ stock. 
United States Bonds. 
Central Park Loan. 
Delaware and Hudson Canal Co., stock. 
Delaware and Hudson Canal Co., bonds. 
New York Street-Opening bonds. 
New York County Bounty Bonds. 
New York City consolidated bonds. 
New York County consolidated bonds. 
New York Citv (Morrisania and West Farms) bonds. 
New Y'ork Central and Hudson River R. R. bonds_ 
New York and Harlem R. R. bonds..... 
Brooklyn City bonds. 
Jersey City bonds. 
Yonkers Town bonds. 
Newark City bonds. 
Flushing Water bonds. 
Rensselaer and Saratoga R. R. bonds.. 
Eastchester bonds... 
Richmond City bonds. 
Tennessee bonds. . 
Georgia bonds. 
Alabama bonds. 
South Carolina bonds. 
Mississippi warrants. 
Totals... 
Premium Notes and LoanB... 
Cash in Banks and Trust Companies. 
Interest due and accrued on Bonds and Mortgages. 
Interest due and accrued on stocks and Bonds. 
Interest, due and accrued on Premium Notes and Loans.... 
Rents due and accrued. 
Premiums due and unreported. 
Premiums deferred. 
IT',205,222.84 
Cost Value. 
.$ 15,758.75 
8.484.00 
1,470.00 
10,125 00 
5,281.25 
. 3,792.113.97 
25,233.75 
44,800.00 
. 400,000.00 
. 549,967.10 
41,04.00 
. 645)596.25 
. 113,928.75 
60,000.00 
. I,019,3e2.50 
. 1,074,Q75,00 
.• 983,144.80 
. 442,425.00 
. 178,479.16 
. 129,875.00 
77,600.00 
9,519.92 
5,000.00 
46,250.00 
8,000.00 
2,730.00 
. 15.840.00 
8,960.00 
. 15,285.71 
.$9,730,529.91 $10,311,045.67 10,311,045.67 
. $ 781,585.39 
. 1,427,933.18 
Market Value. 
$ 16,100.00 
10.164.00 
1,470.00 
10,500.00 
6,400.00 
3,892,7o3.34 
26,750.00 
44,800.00 
400,000.0.0 
576,110.00 
42,000.00 
745,875.00 
131,625.00 
60,000.00 
1,170,000.00 
1,178,333.33 
1,024,700.00 
450,590.00 
183,700.00 
131,210.00 
80,000.00 
10,155.00 
5,000.00 
56,500.00 
8,000.00 
3,500.00 
15,8:0.00 
8,900.00 
20,000.00 
Net amount. $446,178.04 
Total admitted Assets. $32,945,621.80 
Items not admitted : 
Agents’ Balances. $ 36,154.19 
Cost value of Real Estate over present appraised values.. 68,488.96 
Loans on Mortgage in excess of present value. 149,605.00 
Total... $254,248.15 
Total Gross Assets. $33,199,869.45 
LIABILITIES. 
Death Losses and Matured Endowments not due. $ 418,393.19 
Death Losses and Claims resisted. 97,20..00 
Premiums paid in advance . 17,038.32 
Estimated liability on Lapsed Policies...... 10,000.00 
Net Re-insurance Reserve. 26,440,111.00 
Total Liabilities. $26,982,742.5 I 
Surplus ns regards policy-holders on the basis of admitted assets as determined by this report $5,962,878.79 
Surplus as regards policy-holders on the basis of total assets, as reported by the Company. $6,2 17,1 26.94 
Estimated surplus of Tontine policy-holders included in the above .$ 5 j 7,504.84 
JOHN F. SMYTH, Superintendent. 
