OF THE NEW YORK LIFE INSURANCE COMPANY. OFFICE, Nos. 346 & 348 BROADWAY. JANUARY 1, 1880. Amount of Net Cash Assets, January 1, 1879....... Less deduction to cover decrease in value of U. S. Bonds and other assets.. Premiums Less deferred premiums January 1, 1879. Less interest accrued January 1, 1879.. 379,839.09-$6,003,036.16 Losses by death, including Reversionary additions to same.. $36,213,457.61 $135,966.93 REVENUE ACCOUNT. $36,077,490.68 .$6,382,875.25 Cash in bank, on hand, and in transit (since received)... $1,961,701.48 Real estate.. 13.544,671.96 Bonds and mortgages, first lien on real estate (buildings thereon insured for $14,287,000.00, and the policies assigned to the company as additional collateral security). 15,313,278.95 Temporary loans (secured by stocks, market value $1,300,000).. 850,000.00 amounts to $3,160,000).. 621,403.02 Quarterly and semi-annual premiums on existing policies, due subsequent to 367,989.02 *Premiums on existing policies in course of transmission and collection (estimated reserve on these policies, $330,000, included in liabilities). 211,625.23 Agents' balances........ Accrued interest on investments January 1, 1880. A detailed schedule of these items will accompany the usual annual report filed with the Insurance Excess of market value of securities over cost. CASH ASSETS, January 1, 1880... Appropriated as follows: Adjusted losses, due subsequent to January 1, 1880. 317,989.11-$38,185,431.68 811,520.98 $38,996,952.66 $225,662.64 Reserved for reinsurance on existing policies participating insurance at 4 per ct. 4 per cent. reserve on existing policies of that class.. Reserved for premiums paid in advance. Divisible surplus at 4 per cent... Surplus, estimated by the New York State Standard at 4 1-2 per cent., over..$7,000,000.00 From the undivided surplus of $3,120,371.48 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 5,524 policies have been issued, insuring $17,098,173, Divisible surplus at 4 per cent. Jan. 1, 1876, $2,499.654 | Divisible surplus at 4 per cent. Jan. 1, 1878, $2,664,744 Divisible surplus at 4 per cent. Jan. 1, 1877, 2,626,816 Divisible surplus at 4 per cent. Jan. 1, 1879, 2,811,436 Divisible surplus at 4 per cent. Jan. 1, 1880, $3,120,371. CHARLES WRIGHT, M. D., Residence, 109 E. 26th St., Medical WILLIAM H. BEERS, Examiners. Vice-President and Actuary. VOL. XVII.-No. V.] SEPTEMBER, 1880. [PRICE, 50 CTS. THE POPULAR SCIENCE MONTHLY. CONDUCTED BY E. L. AND W. J. YOUMANS. CONTENTS. I. Comparative Jurisprudence. By WILLIAM M. IVINS...... PAGE 577 585 625 635 III. How Animals digest. By HERMAN L. FAIRCHILD. (Illustrated.) 600 ✓ IV. The Solar System and its Neighbors. By C. B. WARRING, Ph. D. 612 V. Legal Prosecutions of Animals. By WILLIAM JONES, F. S. A.. 619 VI. Psychogenesis in the Human Infant. By Professor W. PREYER. VII. Climbing Plants. By FRANCIS DARWIN, F. L. S. (Illustrated.). VIII. Esthetic Feeling in Birds. By Professor GRANT ALLEN...... IX. Electricity and Agriculture. By Dr. PAGET HIGGS... X. Zoological Education. By Professor W. S. BARNARD.. XI. The English Precursors of Newton... 650 664 666 669 XII. Night-Schools in New York and Paris. By ALICE H. RHINE. 681 XIII. Sketch of Joseph Leidy. (With Portrait.) 684 Entered at the Post-Office at New York, and admitted for transmission through the mails at second-class rates. |