20. Fremiums paid in advance, including surrender values so applied.. 24. "Cost of Collection" on uncollected and deferred premiums, in 25. Salaries, rents, office expenses, bills and accounts, due or accrued. 26. Medical Examiners', Inspectors' and legal fees, due or accrued.... 27. State, County and Municipal taxes, due or accrued..... 28. Advances by officers or others on account of expenses of organization or otherwise 29. Borrowed money and interest thereon. 31. Dividends or other profits due policy-holders, including those contingent on payment of outstanding and deferred premiums.... 32. Dividends declared on or apportioned to annual dividend policies payable to policy-holders during 1909, whether contingent upon the payment of renewal premiums or otherwise.... 33. Dividends declared on or apportioned to deferred dividend policies payable to policy-holders during 1909..... 34. Amounts set apart, apportioned, provisionally ascertained, calculated, declared or held awaiting apportionment upon deferred dividend policies, not included in Item 33.. 35. Reserve or surplus funds not otherwise included in Liabilities (give items and amounts separately, and state for what purpose each of said funds is held), consisting of additional Reserve on policies which the Company voluntarily sets aside in excess of the State's requirements, $3,129,402; War Risk Fund, $501,000; Mortality Fluctuation Fund, $500,000; Security Fluctuation and General Contingency Fund, $7,945,842.84. 36. 37. 38. 39. All other liabilities (give items and amounts): 40. Reserve for death-claims not yet reported at Home Office... 41. Due agents under Nylic contracts. 42. Reserve for Nylic contracts... ITEMS FROM NEW-YORK LIFE'S ANNUAL REPORT FOR 1910. 160,060 51 0 20. (A) Consideration for supplementary contracts not involving life contingencies 21. Dividends left with the Company to accumulate at 22. Ledger assets, other than premiums, received from 25. Gross interest on bonds, less $124,941.99 26. Gross interest on premium notes, policy loans or liens..... 3,481,947.10 16,891,258.92 5,218,630.98 (A) Including commuted value of instalments or other benefits not payable at the time of death or maturity of endowments, such commuted value being entered also under No. 1 or 2 of Disbursements. 9. Dividends paid to policy-holders in cash or applied in liquidation of loans or notes.... 5,974,370.47 10. Dividends applied to pay renewal premiums (see Income No. 14) 1,899,486.68 11. Dividends applied to shorten the endowment or premium paying period (see Income No. 15)... 0 (a) Including commuted value of supplementary contracts-see No. 20 of Income. 12. Dividends applied to purchase paid-up additions and 13. Dividends left with the Company to accumulate at in- (Total paid policy-holders, $53,564,443.14) 17. Dividends and interest thereon held on deposit surrendered during the year... 18. Paid stockholders for interest or dividends.. 19. Commissions to agents (less commission on re-insurance): First year's premiums, $2,915,193.71; renewal premiums, $1,307,238.62; annuities (original), $22,435.54 (renewal), $872.85 20. Commuted renewal commissions 21. Compensation of managers and agents not paid by commission for services in obtaining new insurance. 22. Agency supervision and traveling expenses of supervisors (except compensation for Home Office supervision) 23. Branch Office expenses, including salaries of managers and clerks not included in item 21... 24. Medical examiners' fees, $255,649.94; inspection of 25. Salaries and all other compensation of officers, direc- 27. Advertising, $66,477.34; printing and stationery, $191,- 28. Legal expense not included in item 15. 29. Furniture, fixtures and safes ... 30. Repairs and expenses (other than taxes) on real estate 31. Taxes on real estate.... $706,568.69 44,896.64 38,935.97 175,078.07 3,179.13 0 4.245,740.72 3,102.00 20,335.65 955,553.39 1,001,791.71 321,474.27 1,581,628.88 526,744.12 460,157.92 14,687.99 59,452.97 217,297.90 146,491.54 32. State taxes on premiums. 803,394.06 33. Insurance Department licenses and fees.. 14,117.26 34. All other licenses, fees and taxes (give items and 10. Bills receivable, $ 0 ; agents' balances (debit, $ 0 credit, $ 0 ); net, $ 0. Branch Office balances, debit, $67,204.73, credit, $49,757.71; net, $17,447.02... 11. Cash in Company's Branch Offices, $150,953.28; Cash in Transit, $3,701.37 13. Interest due, $15,567.50 and accrued, $799,396.24 cn Mortgages, per Schedule B.... 14. Interest due, $542,394.62 and accrued, $5,642,617.81 cn Bonds, per Schedule D, Part 1. 15. Interest due, $ 0 and accrued, $244.44 on Collateral Loans, per Schedule C, Part 1.... 16. Interest due, $ 0 and accrued, $237,318.63 on Premium Notes, Policy Loans or Liens.. 17,447.02 154.654.65 $631,202,274.55 $814,963.74 6,185,012.43 244.44 237,318.63 17. Interest due and accrued, on other Assets (give items and amounts): 18. Interest due, $13,568.40 and accrued, $12,698.03 on Bank Balances 19. 20. Rents due, $4,455.96 and accrued, $5,281.39 on Company's property or lease. 21. Total interest and rents due and accrued 22. Market value of Real Estate over Book Value, per Schedule A 23. Market value (not including interest in item 14), of Bonds and Stocks over book value, per Schedule D.. 24. Due from other companies for losses or claims on policies of this Company, reinsured.. |