The Patton courier. (Patton, Cambria Co., Pa.) 1893-1936, February 09, 1917, Image 8

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Il Tota: Payments to Policy-holders
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INSURANCE COMPAN
ew York City
46 & 348 Br oadway
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To The Policy-Holders and The
A brief of the chief activities of this Company during 1916 runs as follows:
New Paid Business $263.(
Of this total $239,090,873 was secured in the United States.
Total Income
Co... $10,241,497 43 From Interest and Rents $38,108,768.16
From miscellaneous sources (exclusive of increase in
$82,843,015.14 Book Value of Asyets) . ....... $$ 7368115.08
oo. $81.415.138.36
.... $29.332346.32 In Surrender Values . am veer ree eee a S19 551.381. 00
$11,384,424 69 In Annuities ... .... dasa ners eninnenves 3 1414354 08
. $19.695,355.32 In Disability Claims . oa de Dae on oe AAG
| Significant Facts:
Expense Rate reduced
New Business increased
Mortality Rate reduced
Interest Rate increased
INVESTED DURING THE YEAR IN BONDS AND MORTGAGE LOANS . ST0717,60217
Hl tegmziabieies” "CC .7 $ 728,226,426.34 rlennhs
To pay 5.26 per cent.
Added to Legal 94 .676.393.0 Reserved for Dividends and Contingencies ..$ 13876241523
Market Value of Asco'z, De: I1, 1016 $ 866,988841.57 "Outstanding Insurance $2,511,607,274.00
Represented by 1,228,601 policies
The actual mortality of the Company expressed in the per cent. which it bears to the expected death losses accord-
1g to the tables of mortality adopted by the State for valuation purposes through a period of years is as follows:
Actual death losses 75° of the ‘‘expected’’
3 Actual death losses 737. of the ‘‘expected .
‘Actual death losses 73° of the '‘expected’’ (5 mos- of war)
1915 Actual death losses 73% of the ‘‘expected’’ (12 mos. of war)
1916 Actual death losses 717: of the ‘'expected’’ (12 mos. of wur)
| The Seventy-Second Annual Statement of the Company will be filed at once with the Department of Commerce
Washington and with each State of the United States and each country where we do business. A brief of that
ment will be sent gratis to any person asking for it.
DARWIN P. KINGSLEY, President
RE SN THESES NE
In the year 1918 the New York Life Insu. The Company now has 203,418 policies in The Company received in premiums dur.
_ rance Company placed with citizens
3 of v ’ York 28,377 policies for force in New York State, carrying. . $395,057,496.00 ing 1916 from policy-holders residing
atotajof ........................ $56,201,024.00 of Insurance in New York State . _.... $16,535,081.95
P. A. YOUNGQUIST
SPECIAL AGENT
Both Phones
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