(LIMITED), General Manager. Statement of United States Branch, January ist, 1899. ASSETS. Gold 42 per cent. bonds.. do. ist Mtge. Sterling 6 per cent. bonds.. Cash in banks..... $2,084,178.00 143,498 60 352,197.79 60,000.00 13,954.41 UNITED STATES MANAGEMENT : WILLIAM M. BALLARD, Assistant Manager. K Atlantic Mutual Insurance Company, Office, 51 Wall Street, New York. Organized in 1842. Insures against Marine and Inland Transportation Risks and will Issue Policies Making Loss Payable in England. ASSETS NEARLY $11,000,000 FOR THE SECURITY OF ITS POLICIES. The profits of the Company revert to the assured and are divided annually upon the premiums terminated during the year, thereby reducing the cost of insurance. For such dividends, certificates are issued bearing interest until ordered to be redeemed, in accordance with the Charter. A. A. RAVEN, President. L 89094366960 r Graphite Paint. B89094366960A ... not crack or scale, and is an absolute preventive against iust, either above or under ground. It is not affected by acids, chemicals, heat or cold. Covers two to four times more surface and lasts four or five times longer than any other paint, is easier applied and less wear on brushes. On account of its great covering power, it is the most economical paint to use, saying nothing of its durability. Contractors claim a saving of 332 per cent in brushes and 20 per cent, in time by using Superior Graphite Paint, as it works easier, spreads better and wears lighter on the brush than other paints. This is no small item when painting large structures. MANUFACTURED ONLY BY Detroit Graphite Mnf'g Co. DETROIT, MICH., , A. Graphite mines at L'Anse, near Lake Superior. "An American industry from the mines to the consumer." P. E. RASOR, United States Manager. , AD. DOHMEYER, Absistant Manager Austro-Americana Line NEW YORK TO GENOA AND TRIESTE. Trustees in the United States: FREDERIC P. OLCOTT, ERNST THALMANN, WILLIAM ALLEN BUTLER, of Butler, Notman, Joline & Myndere, Counselors at Law, N.Y. GEORGE G. WILLIAMS, General Agent, Western Department, CHICAGO. ATLANTA. DIRECT STEAMERS FOR VIA SUEZ CANAL. FORTNIGHTLY SAILINGS Calling at CONSTANTINOPLE and ALEXANDRIA, BARBER & CO., Steamship Agents and Brokers, PRODUCE EXCHANGE, New YORK CITY. Branch Offices --Norfolk ind Newport News, Va. Booth S. S. Co., Ltd., and Red Cross Line Jointly give a regular and efficient service of Fine Passenger and Freight Steamers to Para (Brazil) every 10 days, Barbados (West Indies), Maranham, Ceara and Manaos (Brazil) every 20 days. For passage and rates of freight apply to ASSETS. LIABILITIES. United States, State, City, County Policy Reserve (per certificate of New and other Bonds (cost value $115, York Insurance Department)........ $175,710 All other Liabilities : Policy Claims, 687,034), market value, December 31, 1898.. $121,579,619 Annuities, Endowments, &c., awaitBonds and Mortgages (777 first liens).. 39,002,758 ing presentment for payment........ 2,358 Real Estate (68 pieces, including $178,068 twelve office buildings)... Deposits in Trust Companies and 16,539,000 Additional Policy Reserve volunBanks, at interest. 8,434,786 2,838 Loans to Policy-holders on their poli Surplus Reserved Funds voluntarily cies as security (legal value thereof, set aside by the Company... 26,414 $16,000,000)... 9,818,600 Other Funds for all other contingenLoans on Stocks and Bonds (market cies. 8,623 value $9,229,702)... 7,390,845 Stocks of Banks, Trust Companies, &c. $37,876, ($4,532,086 cost value), market value, December 31, 1898.. 6,050,831 Premiums in transit, reserve charged in Liabilities. 2,280,188 Quarterly and Semi-Annual Premi ums not yet due, reserve charged in Liabilities. 2,087,274 Interest and Rents due and accrued.. 1,440,487 Premium Notes on policies in force (legal value of policies, $2,500,000)... 1,320,423 TOTAL ASSETS... $215,944,811 TOTAL LIABILITIES... ....$215,944,811 CASH INCOME, 1898. EXPENDITURES, 1898. New Premiums.. $7,644,715 Paid for Losses, Endowments, and Renewal Premiums. 27,987,933 Annuities... $15,390,978 TOTAL PREMIUMS.. $35,032,648 values.... Interest on: Commissions ($3,320,904.33) on 6,128,888 Bonds. .$5,740,819 New Business of $152,093,369 ; Medical ExMortgages. 1,940,937 aminers' Fees, and Inspection of Loans to Policy-holders, se Risks ($449,428). cured by reserves on poli Home and Branch Office Expenses, 3,770,332 cies. 628,638 Other Securities. Taxes, Advertising, Equipment Ac 391,353 Rents received. count, Telegraph. Postage, Commis875,741 sions on $791,927,751 of Old Business Dividends on Stocks. 221,780 and Miscellaneous Expenditures... 5.208,734 Balance-Excess of Income over Ex- penditures for year.. 14,952,964 TOTAL INCOME... $45,431,916 TOTAL EXPENDITURES.... $45,431,916 INSURANCE ACCOUNT. COMPARISON FOR SEVEN YEARS, ON THE BASIS OF PAID-FOR BUSINESS ONLY. Number of 1891-1898. Policies. Amount. In Force, Dec. 31, 1897.. 332,958 $877,020,925 Gain in New Insurance Paid Dec. 31, 1891. Dec. 31, 1898. Seven y’rs, for, 1898. 73,471 152,093,369 Assets Old Insurances revived $125,947,290 $215,944,811 $89,997,521 and increased, 1898... 835 31,854,194 45,431,917 13,577,723 Dividends of Total Paid-for Busi. Year to Polness........ ..407,264 $1,031,243,982 icy-holders.. 1,260,340 2,759,432 1,499,092 DEDUCT TERMINATIONS: Total PayBy Death, Maturity, ments of Surrender, Expiry, Year to Po)&c.... 33,330 87,222,862 icy-holders.. 12,671,491 21,519,865 8,848,374 Paid-for Business in Number of force Dec. 31, 1898..373,934 $944,021,120 Policies in Force........ 182,808 373,934 191,131 Gain in 1898.. 40,976 $67,000,195 6,142 4,021,120 $368,331,471 2,129,688 Income.. |
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