1883.] 
AMERICAN AGRICULTURIST. 
199 
THIRTY-EIGHTH ANNUAL REPORT 
OF THE 
New-York Life Insurance Co. 
OFFICE, Uos. 346 and 348 BROADWAY. 
,T A ~KTTT A T? ~V 1 1883. 
Amount of Net Cash Assets, January, 1,'1§§2.$45,130,006.86 
REVENUE ACCOUNT. 
Premiums. $9,604,788.38 
Less deferred premiums January 1, 1882. 452,161.00—$9,152,627.38 
Interest and rents (including realized gains on real estate 
sold). 3,089,273.21 
Less interest accrued January 1, 1882.... 291,254.80— 2,798 ,018.41—$11,950,645,79 
$57,080,653.65 
DISBURSEMENT ACCOUNT. 
Losses by death, including Reversionary additions to same.$1,955,292.00 
Endowments matured and discounted, including Reversionary additions 
tosame.... 427,258.95 
Annuities, dividends, and returned premiums on cancelled policies. 3,827,758.76 
Total paid Policy-holders.$6,210,309.71. 
Taxes and re-insurances. 234,678.27 
Commissions, brokerages, agency expenses and physicians’ fees. 1,332,038.38 
Office and law expenses, salaries, advertising, printing, &c. 385,111.18— $8,162,137,5 4 
$48,918,515.11 
ASSETS. 
Cash in bank, on hand, and in transit (since received).$1,276,026.67 
Invested in United States, New York City and other stocks, (market value, 
$19,953,956.52).18,072,074.81 
Real Estate. 4,133,065.13 
Bonds and mortgages, first lien on real estate, (buildings thereon insured 
for $17,950,000.00 and the policies assigned to the Company as ad¬ 
ditional collateral security).19,306,940.16 
Temporary loans, (secured by stocks, market value, $5,191,139.50). 4,313,000.00 
♦Loans on existing policies, (the reserve held by the Company on these 
policies amounts to $2,690,961). 494,032.23 
♦Quarterly and semi-annual premiums on existing policies, due subse¬ 
quent to January 1, 1883. 540,555.51 
♦Premiums on existing policies in course of transmission and collection. 394,395.19 
Agents’ balances. 62,424.95 
Accrued interest on investments January 1, 1883. 326,000.06— $48,918,515.11 
Excess of market value of securities over cost. 1,881,881.71 
*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, January 1, 1883.. $50,800,396.82 
Appropriated as follows: 
Adjusted losses, due subsequent to January 1, 1883. $351,451.21 
Reported losses, awaiting proof, &c. 138,970.23 
Matured endowments, due and unpaid, (claims not presented).. 53,350.43 
Annuities, due and unpaid (uncalled for). 6,225.86 
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.43,174,402.78 
Reserved for contingent liabilities to Tontine Dividend, 
Fund, January 1, 1882, over and above a 4 per cent. 
reserve on existing policies of that class.$2,054,244.03 
Addition to the Fund during 1882 for surplus and matured 
reserves . 1,109 966.00 
$3,164,210.03 
DEDUCT— 
Returned to Tontine policy-holders during the year on 
Matured Tontines. 1,072,837.87 
Balance of Tontine Fund January 1,1883... 2,091,372.16 
Reserved for premiums paid in advance... 35,782.36 
$45,851,555.03 
Divisible Surplus at 4 per cent... 4,948,841.79 
Surplus "by the New York State Standard at 41 per ct., estimated at 10,000,000.00 
From the undivided surplus of $4,948,841 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 12,178 policies have been issued, insuring $41,325,520. 
Jan. 1, 1879, 45,005. r Jan. 1,1879, $125,232,144. 
Jan. 1, 1880, 45,705. Amount \ Jan. 1, 1880, 127,417,763. 
Jan. 1, 1881,48,548. I Jan. 1, 1881, 135,726,916. 
Jan. 1, 1882, 53,927. at risk ) Jan. 1, 1882, 151,760,824. 
Number of 
Policies in force 
„ ( 1878, $1,687,676. 
Xleath- \ 1 879, 1,569,864. 
Claims •< 1880, 1,731,721. 
tinid I 1881, 2,013,203. 
pa u ( 1882, 1,955,292. 
Jan. 1,1883, 60,150. 
1878, $1,948,665. 
1879, 2,033,650. 
1880, 2,317,889, 
1881, 2,432,654. 
1882, 2,798,018. 
Jan. 1,1883, 171,415,097. 
Divisible 
Surplus at 
4 per cent. 
Jan. 1, 1879, $2,811,436. 
Jan. 1,1880, 3,120,371. 
Jan. 1, 1881, 4,295,096. 
Jan. 1,1882, 4,827,036. 
Jan. 1,1883, 4,948,841. 
TRUSTEES: 
DAVID DOWS, 
HENRY BOWERS, 
LOOMIS L. WHITE, 
ROBERT B. COLLINS, 
S. S. FISHER, 
CHAS. WRIGHT, M. D„ 
WILLIAM H. BEERS, 
THEODORE M. BANTA, Cashier. 
D. O’DELL, Superintendent of Agencies. 
MORRIS FRANKLIN, 
WM. H. APPLETON, 
WILLIAM BARTON, 
WILLIAM A. BOOTH, 
H. B. CLAFLIN, 
JOHN M. FURMAN, 
EDWARD MARTIN, 
JOHN MAIRS, 
HENRY TUCK, M. D., 
ALEX. STUDWELL, 
R. SUYDAM GRANT, 
ARCHIBALD H. WELCH. 
CHARLES WRIGHT, M.D., I M .. 
HENRY TUCK, M. D„ f MedlCa ‘ Examiners - 
MORRIS FRANKLIN. 
President. 
WILLIAM H. BEERS, 
Vice-President and Actuary. 
FOR sale 
5,000 Concord Grapes, 4 ■ 
lng; within half mile of Pat' 
Nursery, 8 acres, in the City of Paterson. Terms liberal. Ap¬ 
ply to A. B. WOODRUFF, 182 Market Street, Paterson, N. J. 
OR TO LET.— House, 58 
_acres of ground (half arable), 
J Grapes, 4 years old, planted and flourish¬ 
ing; within half mile of Paterson Also, Tree and Fruit 
Nursery, 8 acres, in the City of Paterson. Terms liberal. Ap 
CHARLES D. MERWIN, 
Seed Grower, Milford, Conn. Established in 1850. Grows 
the Best Onion Seed in America for Market Gardeners. One 
Dollar per pound, Red and Yellow. $1.75 for White. 
“ We found that in pastsing the 4 ACME ’ 
Pulverizing Harrow, Clod Crusher & Leveler 
over twice, it not only broke and crushed the 
lumps, but it pushed and deposited them in 
the hollows and depressions, so that the beds 
looked as smoothly made as if done ivith 
spade and hoe.” (See page 20h, this paper.) 
WANTED 
Every reader of this paper to send for my 1883 Catalogue of 
Vegetable Seeds and Small Fruits. Seed Potatoes a spe¬ 
cialty. Index to front part of Catalogue. 
THE POTATO. 
A brief history of the vegetable, Sd page. 
The uses of the Potato. Sd page. 
How to cut to a single eye, with Illustration, 4th to 5tn 
P How to raise from cuttings, 5th page. 
Two crops a year, 5th page. 
How to raise seedlings, 6th page. 
Cultivation, from 6tli to the 8th pages. 
How to store and keep, 8th page. 
Send name and address on Postal Card to 
Ontario, LaGrange Co., Ind., and you will receive 
the Catalogue by return mail. Mention this paper. 
Great Northern and Southern Nursery, 
Catalogues gratis.— Showing how and what to plant, 
with much valuable information. My stock is full and un¬ 
usually fine. A full line of Peaches and extra long keeping 
Apples, Keifer and Leconte Fears, Japan Persimmons, 
Reas' Mammoth and Champion Quince, Small Fruits, Orna¬ 
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Nursery. Prices low for reliable stock. 
RANDOLPH PETERS, Wilmington, Delaware. 
FOREST ana EVERGREEN TREES, 
Hardy Gatalpa Seeds, 
CATALPA, EINE, SPRUCE, LARCH, ASH, &c„ &o. 
All Nursery Grown. Tree Seeds, Forest Trees, by mail. 
R. DOUGLAS & SON, Waukegan, Ills. 
1838 111 1883 
Pomona Nursery. 
5 AAA KIEFFER’S HYBRID 
PEARS in Orchard, and 
50,000 Sc^a^ssE 
ards. No Duds or Sci¬ 
ons taken from DWARFS. NIGH’S 
SUPERB Strawberry. HANSELL Rasp¬ 
berry, Blackberries, New Grapes and Currants. Fruit, 
Shade, and Ornamental Trees, Vines, and Plants in variety. 
Catalogue free. WM. PARRY, Parry P. O., N. J. 
Manchester, “Big Bob,” 
James Vick, and 35 best kind 
Strawberries. 20 acres big ber¬ 
ries. Raspberries, and all Small 
Fruit Plants. Handsome K idler 
Pear Trees, millions of Peach, 
Osage Orange, and Ornamen¬ 
tals. Send for Price List. Free. 
J. PERKINS, Moorestown, N. J. 
Best Market Pear, 
James Vick, Big Bob, and 40 other sorts 
best Strawberries. Hansel], Superb, and 
20 other sorts of Raspberries. 30 sorts 
Grapes, Currants, Gooseberries, Black¬ 
berries. 45 sorts Peaches, Apples, Plnms, 
Quinces, &c. Lowest rates. Catalogue 
free. J. S. COLLINS, 
Moorestown, N. J. 
R umson Nurseries. 
100,000 Peach Trees 
150,000 Mulberry Trees for silk food; best 
varieties. Silk-worm Eggs.—Choice Small 
Fruits.—75 Acres of Ornamental Trees 
and Shrubs, including Rhododendrons, 
Azalias, Kaiinia, Japanese Maples, etc. 
etc. Catalogues Free. 
HANCE & BORDEN, Mang’rs.Red Bank, N. J. 
JOHN SAUL’S 
CATALOGUE of New, Rare, and Beautiful Plants for 
1883, will be ready in February with a colored plate. 
It is full in really good and beautiful plants, as well as all 
the novelties of merit. 
The rich collection of fine Foliage, and other Greenhouse 
and Hothouse Plants, are well grown, and at low prices. 
Free to all my customers; to others, 10 cts; or a plain 
copy gratis. Catalogues of Seeds, Roses, Orchids, Fruits, 
etc., gratis. JOHN SAUL, Washington, D ,C. 
