THE MUTUAL up}: INSURANCE III-
a
RIGIIARD A. MOGURDY, President.
’Statementtor the Year Endinr December 3I3l, I896.
According to the Standard of the Insurance Department Of the State of New York.
INCOME,
Received for Premium. — _- - -
From all Other Sources -\ - .- -
. DISBURSEMENTS,
To Policy-holders for claims by Death -
To Pulley-holders for Endowments, Dividends, etc. - - -
For all Other Accounts . - - - --
- S 39,593,4I4 20
3 40,102,695 21
612,595,113 30
12,342,456 r
r0,1er,005 54
$36,2I8,515 I4
.. assays.
Ilnited States Bonds and other Securities - - 5 -
First-"lien Loans on Bond and Mortgage - — -
LOaIis‘On'Stocks and Bonds
Ileal Estate -
dash in Banks and Trust companies - - ' - - .
Accrued lnteiest, lIet DeferredPremiums, etc- -
s r l 0.r25,032 15
11,543,929 56
u,091,525 00
22,161,566 55
12,560,390 00‘
‘ $3,535,555 06-,
s 234,144,140 42
women 12
S 29,133,5I4 10
s 9l8,698,338 45
Reserve for Policies and other Liabilities - - -
Surplus - - - -
Insurance and Annuities in force -. - -
I have carefully examined the foregoing Statement and find the same to be correct:
iabilities calculated by the Insurance Department CHARLES A. PRELLER, Auditor.
From the Surplus a dividend will be apportioned as usual
Report of the Examining Committee.
Office of the Mutual Life Insiirance Company of New York
TO THE HONORABLE, THE BOARD OF TRUSTEES OF
THE LMIITIIAL LIFE INSURANCE COMPANY OF NEW YORK
The undersigned, a Committee apppointed by your honorable body on the twenty-
third day of December, I896, to examine the Annual Statement of the Company, and to
verify the same, .espectfully
REPORT
That, pursuant to the power and authority thereby conferred, the Committee have at various dates between the date of the
said reference and the date cf this Report attended at the ofiice ofthe Company, and have been waited on by the Treasurer,
the Comptroller, the Auditor and and the Cashier, together With the the respective asmstants of such Officers, and have care
fully gone over all the items cOntained 1n the said Statement. and have found the same to be correct. They have examined
and counted every certificate of stock, bond and other Obilgai'lou held by the Company, and compared the price at which the
same are carried in said Statement with the market quotations and find the same not exceeding such quotations-in fact, in
many cases below them. They have examined and counted the bonds and mortgages on real property held by the Company,
and find the same to be as stated. They have also verified the valuations of the Cpmpany’s holdings, of real estate and have
verifigd the deposits of money in the various banks and trust companies, and have counted the cash on hand held by the
‘ shier. ' . .
La And the Committee certify that all the books, papers. documents and eVidences of title Of every description necessary in
such examination have been freely submitted to the Committee by the said oificers and their assistants, and that the same are
accurate, in good order and well kept. ,‘ .
And the Committee further certify that the investments of the Company are of a high order, and that the sys‘enl and
methods adopted by the Company in recording its transactions and caring for the assets are entitled to commendation
ROBERT OLYPHANI‘ J. HOBART HERRIOK
JAMES N. JARVIE CHARLES D. DICKEY. JR
JAMES C. HOLDEN CHARLES R. HENDERSON
.All of which is respectfullysubmitted
NEW YORK. JANUARY 2. , 1897.
Board of Trustees .
GEORGE G. HAVEN
ADRIAN ISELIN JR.
GEORGE S. BOWDOIN ~
TREO. A. H AVEMEYER
WILLIAM C. WHITNEY
WILLIAM ROCKEEELLER
JAMES N. J ARVIE
(‘HAS D. DICKEY JR
ELBRIDGE T GERRY
HENRY H. ROGERS
JNO. W AUCHINCLOSS
THEODORE MOREORD
WILLIAM BABCOCK
STUYVESANT FISH
AUGUSTUS D. J UILLIARD
CHARLES E. MILLER
WALTER R GILLETTE
H. WALTER WEBB
F REDERIC CROMWELL
‘JULIEN T. DAVIES
ROBERT SEWELL
S, V. R. CRUGER
CHARLES R. HENDERSON
RUFUS W. PECKHAM
J. HOBART HERRICK
WM P DIXON
ROBERT A. GRANNISS
. ROBERT A ORANNIss, Vice-President.
. WALTE B. R GILLETTE, General Manager. *
ISAAC F. LLOYD, 2d Vice-President - HENRY E. DUNCAN, JR, Corresponding Secretary
WILLIAM J. EASTON, Secretary. ALBERT KLAMROTH, Assistant Secretary.
, . ‘ FREDERIC CRO‘NIW ELL. Treasurer.
JOHN A. FONDA, Assistant Treasurer JAMES TIDIL’SON. 2d Ass’stant Treasurer.
WILLIAM P, SANDS, Cashier. , EDWARD P. HOLDEN, Assistant (asbier.
. EMORY McCLINTOCK. Actuary. '
’ JOHN TATLOCK, JR , Assistant Actuary. ' -
CHARLES A, PR-ELLER, Auditor. WILLIAM W. RICHARDS, Comptrolier.
C. CLIFFORD GRETSINGE R, ASSistant Auditor. HENRY S. BROWN, Assistant Comptroller.
JOHN C. ELLIOI‘, Superintendent of Domestic Agencies
ED WARD LYMAN SHORT. General Solicitor.
MEDICAL DIRECTORS:
ELIAS J. MARSH, M. D-
SAMUEL D. BABCOCK
RICHARD A. MCCURDY
JAMES C. HOLDEN
HERMANN C. VON POST ’
LEWIS MAY
OLIVER HARRIMAN
ROBERT OLYPHANT
GEORGE F. BAKER
DUDLEY OLCOTT
GUSTAVUS S. WINSTON, M. D. GRANVILLE 3.1.. WHITE, M. D
Joan w. NICHOLS '_""”.""' “‘"itit‘i‘ttii’..m..
‘ the road.
" Ag, H. GAME; 1‘ Localigenth
n
Wirirrgirunour
Said to Be Seeking an Excuse to De-
stroy Sancti Spiritus.
ABANDONED T0 VOLUNTEERS
130 Had Previously Characterized the
Town as "a flatbed o! Rebellion.”
The Truth About the Spaniard
Morote’s Visit to German
9.. _— .
HAVANA, March 12.—The exploring lo-
comotive of the passenger train coming
from Pinar del Rio city was blown up by
a dynamite bomb between the Herradua
and Paso Real stations. The locomotive
was completely wrecked and traffic inters
rupted. The engineer and. fireman were
slightly wounded. F lvo hundred yards off
a wire was discovered leading to a cul-
vert, which was also found destroyed.
A letter received from Sancti Spiritus
gives a report of Senor Morote's (the Ma-
drid Liberal correspondent) visit to Go-
mez’s camp. The writer says: “It is not
known whether it is true that Senor Mo-
rote lost himself or was made prisoner by
the insurgents. Probably he went express-
ly to the rebel camp. It is true that Gen-
eral Maximo Gomez received him very
badly, and ordered that he be court mar-
tiale-zl. and also that the fiscal requested a.
death 5‘: zitenco for him. It is false that
t‘...» Ann. ican Gordon showed indignation
r __ tho ii-eatment gluon to Morote and
: rated that he would leave the ranks if
Morote was condemned. Morote’s acquit-
tal was due to the benevolence of the mem-
bers of the council and also to the lack of
any laws applicable to the case, as the loc-
islature could not foresee the case of‘k
Spanish newspaper correspondent having
the boldness to approach the insurgent
government or its general in chief
“It is true that the officers forming
Gomez’s staff courteously treated Morote
and showed him many attentions, but it
is untrue that they showed satisfaction at
the proposed reforms accorded by Spain,
since Morote did not dare to read them. It
is also uncertain that they all wished the
termination of the war with such vehe-
mence as tho correspondent wrote. No
doubt they all wish peace, and in the very
little Spoken to Morote they told him that
they wished peace, but based on absolute
independence. General Gomez is no oi}
stacle to any solution in this sense.
False Charge Against Gomez.
”As to Gomez being a brutal and mer-
cenary man, as Morote styles him, it is
unjust, since it has never occurred to GO~
mez to continue the war simply to revenge
the death of his son. When Gomez re-
ceived the news of the death Of his son,,he
only said, ‘He died as a brave man, and
thus all Cubans should die.’ ”
A repair train was moving in front of
the regular passenger train from Tunas to
Sancti Spiritus, carrying 11 workmen to
repair the track, when, about 500 yards
from Parades station and about the same
distance from a Spanish fort, it was com-
pletely wrecked by a dynamite bomb placed
on the road by some insurgents. As soon
as the locomotive struck the bomb cap it
caused the explosion. But for this loco-
motive the passenger train, which was full
of soldiers and passengers, might have
been wrecked. Four workmen were killed
and six were seriously wounded. ,
When the newts reached Sancti Friritus,
it created great excitement. The road
from Tunas to Spiritus, only 21 miles, is
the best protected in the country, having
about 30 or 40 solid forts made or" iron
rails on each side of the line. Eesides, sol-
diers are stationed all along the road,
keeping a sharp watch on it.
Despite all this watchfulness t-lie insur-
gents managed to fix this bomb. It is now
feared there that other attacks will be
made on the road until it is finally de-
stroyed. «
A correspondent writes that great fears
are entertained in the city of Sancti Spir-
itus on account of General Weyler having
taken away the regular troops garrisoning
the city and left it in the hands of the V01-
untoers, 600 strong. It is believed that
Weyler‘s idea. in leaving the city so un-
protected is to allow the insurgents an op-
portunity of entering the place, and after
their departure he will order its destruc-
tion. It is reported that he has sworn
vengeance on the city because it is a “hot-
bed of rebel syinpathizers. ”
It; may be that he has purposely left the
cit-y in charge us the volunteers, knowing
them to be a. lawless lot, and affording
them a chance to wreak their vengeance
on Marcea, Garcia and other citizens ob-
noxious to them.
In any case, the rumor is persistently
circulated that Sancti Spiritus will disap-
pear some day. A Spaniard of prominence
of the name of Fernando Gomez, a. corre-
spondent of the Diario de la. Marina, was
heard stating the above as facts.
Merchants to Close Stores.
Santiago de Cuba. advices report that all
merchants dealing in hardware, provisions,
clothing, etc., have decided to suspend
their foreign orders in View of the mone-
tary conflict. existing. It is further an-
nounced that many merchants have agreed
to close their stores. Great apprehension
is felt in the city, and fears are entertained
that this will provoke a. conflict with the
authorities, and goods and provisions will
become so scarce as to create a famine in
the city.
Further details of the Guines fight have
been reported. The insurgents were com-
manded by Generals Castillo, Arango and
Pitirre and numbered only 300 men. They
sacked seven stores and carried away over
$25,000 worth of goods. They also looted
13 private houses. In the Plaza de Armas,
or square of the town, which is in the. very
center of the city, they organized a dance
and danced for about three hours.
The local guerrillas of Santa Clara on
March 4 went to the house of a. quiet and
law abiding citizen of the name of Jme
Pradoy Liera, residing with his wife and
four children in the outskirts of the city
close to a fort called Barquin and within
the cultivated zone styled Los Egidados.
He was dragged out of his house, and de-
spite the ent-reaties of his Wife and the de-
spairing cries of his children he was hacked
to pieces with machetes and left dead in
The widow had to take refuge
in Santa Clara because She also was
threatened. This crime has, caused great
indignation in that city, for Pradoy was
highly esteemed as an honest and hard-
working citizen. Many Othcr murders
have been committed there.
The presence in Santa Clara of the Mal-
lorca battalion, commanded by General.
Segura, and that commanded by Colonel
Albina, belonging to Weyler’s brigade,
seems to indicate an important movement
of the rebels in that direction, and that
Weyler is rushing troops to that city, fear-
ing an attack on the place. Last night
the town Of Marianne, on the outskirts of
Havana, was fired upon. Great , alarm
was caused.‘ L i: g
.;.—.h
‘5 A I; ETI i‘lfi
icir’srowrrrrnu‘
Venezuela’s President Felt Hurt at
Being Ignored by Us.
TEXT OF HIS EXPLANATION.
While Not Rollshiug the Manner In Which
the Arbitration Treaty Wu. ‘Ar—
ranged, Ho Appreciated Out
Interest In the Matter.
WASHINGTON, March 12.—The text of
the message to the Venezuelan congress of
President Crespo which has just reached
this country, Shows that the subject of the
boundary controversy was treated at great
length as befittcfi‘its importance. For one
thing it was made clear that Venezuela
knew Officially nothing of the arrange-
ments made between Secretary Olney and
Sir Julian Pauncefotefor the submission
of the boundary question to arbitration
until the whole matter had been closed up.
It is evident that the Venezuelan president
did not. like this method 'Of arranging the
affairs of his country without; consulta-
tion with him, for his message shows that
he w’as not altogether disposed to accept
the arrangement. However, in deference
' to the kindly interest shown by the Unit-
ed Statcs in this matter he indorsed the
treaty and pressed it upon the attention of
the Venezuelan congress to the exclusion
of all other business. .
Here is what President Crcspo has to
say upon the subject in his message, after a
brief explanation of the circumstances
leading up to the Olney-Paunccfotc agree-
ment:
“At this juncture of affairs the govern-
ment was informed that on the 12th of
Nofiember there had been signed in Wash-
ington by his excellency, Mr. Olney, secre—
tary of state of the United States, and Sir
Julian Pauncefote,’ ambassador of her
Britannia majesty in Washington, a pro-
tocol with the essential bases for a treaty
between Venezuela and Great Britain.
which, by means of arbitration, would put
an end to the Old dispute between the two
nations. The cases were then submitted
by the Washington government; for the
consideration Of this government, by
means of a letter to me from his excel-
lency, Mr. Cleveland, in which he mani-
fested the noble desire to see accepted a
compact which in his Opinion was just and
advantageous. The responsibilities of
those who are intrusted with the adminis-
tration of publicafiairs by the sufirage of
the people increase and become graver
when the preservation of interests closely
linked with the national life is the subject
to be dealt with.
A Question of Judgment.
“There is in thebreast of the chief mag-
istrate who has the good of the republic
at heart a struggle between the ideas of
the moment and those born of a concern
for the future. To study well the former
and the latter; to weigh the advantages
and risks Of the one and the other, without
silencing the dictates of conscience and
reason—such are the duties, truly arduous,
of the ruler during whose term of office
has chanced to fall the settlement of an af-
fair which, like that of the Guiana bound-
ary question, has been growing graver,‘ a
struggle without a truce and full of lam-
entable incidents to the party} weak in
material, defenses. Public opinion, to
which the governing power must always
listen, especially when the territorial in—
tegrity is the subject of discussio;.. :nani-
fested itself so divided as to the basqs pro-
posed to Venezuela that it would have
been in vain for the most expert: Observer
to have deduced from such diversity of
opinion any expression of the general sen-
timent. The government, in forming its
opinion, should naturally take into consid-
eration the conditions under which the
protocol was signed and presented. . One
of the signers was the secretary Of state of
the nation which, fully alive to the grave
consequences of its action, generously in-
terposed in this dispute, seeking an ar-
rangement which would at once preserve
the laws of the national decorum and the
continental integrity. The recourse to ar-
bitration offered itself, and, although by
no means in the manner wished for by
Venezuela, was more consonant than any
other with the desires manifested.
A Sop to Venezuelans.
“The government deemed it proper to
insert in the treaty a provision that Ven-
ezuela Should have a voice in the naming
of the arbitral tribunal. As soon as this
change was proposed its acceptance was
procured. The action of the United States
had produced a result, the after effects of
which were, from a. moral point Of View,
indispensably subject to the efl'ective and
powerful prestige of said nation. The
plan Of settlement was presented for the
consideration of Venezuela, with no prop-
osition for (so-Operative participation con-
trary to the sovereignty and independence
of the republic. Further, as the United
States had conducted the negotiations ac—
cording to their judgment alone, the defi-
nite acceptance Of the bases will always
involve for them a sort of friendly respon-
sibility which will be in every case a guar-
antee of the utmost harmony between the
two nations represented by the arbitral
tribunal. It is eminently just to recognize
the fact that the great republic has strenu-
ously endeavored to conduct this matter in
the most favorable way, and the result ob-
tained represents an effort of intelligence
and good will worthy of praise and thanks
from us who are so intimately acquainted
with the conditions of this complicated
question. ”
Carlisle's Anniversary.
CARLISLE, Pa, March 12.-—-The anni-
versary exercises Of the Indian school in
this town are attended by the largest num~
her of people that have come here since the
school was instituted. The chief interest
centered upon the educational department,
where the younger girls and boys are
taught.
«hr. Cautor’s 81 Gas Bill.
ALBANY, March 12.——The assembly com-
mittee on miscellaneous corporations re-
ported this morning the Cantor $1 gas bill
for reprinting and recommitment. Out-
side the members of the committee there
wore not six persons who knew that such
a report was made. .
Ice Harvester Killed.
TROY, N. Y., March 12.-—While harvest-
ing ice at ,Mould‘s icehOuse, Greenbush,
George Simmons. an employee, fell from a
runway and was instantly killed.
The Philippine Islands Revolt.
MADRID, March 1~2.—The Spanish gov-
ernment has decided to send 15,000 men as
re-enforcements to the Philippines.
To Exempt State Bonds.
ALBANY, March 12.—The Ellsworth
bill removing the tax on state bonds has
passed the assembly—77 to 59. - '
Steering clear of
the shoals of ill.
of disease is easy
enough if only the
digestion be kept in
good order. It Isnjt: .
Often any ‘ one is
, sick unless they
have Indigestion.
The commonestway
in which 1nd1 es-
tion shows_1tse. is
in constipation.
‘ Nine peo 1e In ten
are troub ed. more
- or less in .thlS way.
Nine-tenths of all the world’s Sickness is
caused by this one trouble. Sleepless-
ness, pimples, blotches, headaches, sour
stomach, dizziness, “heart-burn,” palpi-
tation, biliousness, distress after eating?
all these are merely symptoms of consti-
pation. Why do people suffer With them
when the cure is so Simple and so easrly
Obtained? Years ago, Dr. Pierce’s Pleas-I
ant Pellets were placed on the market.
Since then, there has been no excuse for
anybody to suffer from constipation, and
its attendant ills. The “ Pellets” cure
every case infallibly and permanently.
They are very small, easy to take, gentle
and quick in action.
violent; they do not disturb the system.
They cure you so you stay cured. Thou-
sands Of women will find if they take the
“lileasant Pellets” that their 1115 Will
vanish with the constipation.
The People's Cemmon Sense Medical Adviser
gives more plain useful information abput the
. _ human-body and all the ailments
- to which it is subject than any
" other single book in the English
language. It is really a medical
encyclopedia in one volume, a
9‘ large heavy book of {008 pages,
with over 300 illustrations. The
outlay of money, time and effort
in producing this great book was
paid for by the sale of the first
. edition of 680,000 copies at $1.50
-. each; and the profit has been
used in publishing the present
edition of half-a-million copies to be sent_abso-
lutely without rice to all who Will remit the
small charge 0? 21 cents in one-cent stamps. to
pay the cost of mailing only. Address, with
stamps, World's Dispensary Medical Assomtion,
No. 663 Main StreethBhufl'alo, N. Y.
numurin
BROTHER.
—— MANUFACTURERS 0F ——
IMPROVED SODA AND MIN-
ERAL WATERS.
Flu-oring Extract,s Also the
Sy: ups and Olden Time
Fruit Juices, Root Beer.
I .emon Soda, Soda Water
Sarsaparilla, Suppliedrin
Birch Beer, Steel Fountains.
Seltzer and Vichy in Siphons.
Address
' II. J. & (i. S. GRUMMAN,"
4! Main Street, -
The GAZETTE
If
r
PRINT NG ?
Department.
A ,
worn?
TO -
THE
WISE
Merchants, Manuiacuii.
Norwalk, Conn
ers, Lodge: and Societies
will consult their own inter-
acts by giving us a call.
REMEMBERaJIyou have
work to do, write to us.
\
They are not at all ‘
health and the rocks 1
Norwalk Chronicler