Norwalk Chronicler

Norwalk gazette, Friday, March 11, 1898 · page 4

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I"

Nonwnmmm ” GAZETTE.

'T-ruth above ml! things.’

 

 

 

Entered in the Post Office as a Newspaper

 

FRIDAY, MARCH 11, 1898.

 

Shipbuilding.
M r. Andrew Carnegie, who knows a
thing or two about the business, pub—
lishes a somewhat interesting letter in

the current issue of an iron trade pa-'

per, arguing in favor of the establish-
ment ofa great shipbuilding yard at
“Rho port of New York. Mr. Carnegie
points out, among other things, that
the steel plates used in constructing
modern ships can be delivered in New
'Ifork for $7 or $8 a ton less than they
Cost at the ship yards of Great Bri-
tain and Germany. He declares that
the. woodwork used in such vessels
would. also be correspondingly cheaper
“here than it is abroad, and he argues
that if a great ship yard were estab-
fn'sizud on the waters adjacent to New
'3" k and fitted with modern appliances
sh; total cost of its operations, even at
:m :Ich higher wage rates, would be less
tizanathat of any similar concern in
flingland or Germany.
——-————<o.o>————~—
Diversions of Scare-Crow Journals
One of the diversions Of scare-crow
journals is to gather the opinions Of all
kinds of people, whose opinions are
usually Of no Consequence, on subjects
that they know nothing about. Having
exhausted all possible theories Of the
cause of the Maine disaster, they have
Raw advanced to interviews upon the
conduct of the war and are printing
pages of guesses as to what will happen
. in case something else should happen.
Among others’:j_i-number of Senators
havebeen interviewed upon the prob-
able course of the United States towards
Spain. Strange to say, quite a number
of Senators take the bate right under
and proceed to tell how loyal they will
he and how they will stand by the
President in an emergency. The coun-
try will not feel any more confidence
in the Senatorial judgment for these
professions. It should be able to take
that much for granted, and it will not
escape notice that the Senators who
usually keep their heads most level are

themes that say the least.
—-——-—————<o.>o>———————

. Not a Cause for War.

The dismissal of Consul General Lee
Ito'm Havana by the Spanish govern-
fluent might not mean war. This dis-
missal has not yet been made and per-
haps may not be. Spain has an un-
doubted right to say she does not wish
him to remain at Havana, says the

Hartford Post. She has already made
known her feelings to that effect.
.i’resident McKinley’s prompt-refusal
in recall our efficient consul does him
renewed credit. To have acceded to
this demand would be unfortunate in
‘ this contingency. It would have seem-
ed to stamp the consul general with in-
competency. and if even that appear-
ance were not to be avoided there is

not yet sufficient- information as to the
The bill of
“I shall
continue to do my duty.” are ~ the

consul general’s Offense.
specifications is not at hand.

prompt words of the consul general in
response" to a. questioner tO-day.

The demand of Spain that food sup-
plies be sent to reconcentrados in ves-
sels other than those devoted to pur-
poses of war may-not be good in inter-
national law but it was to be expected
under the circumstances. Two war-V
ships visiting the coast of a power at
which we are at peace:would nordinari-
iy‘be harmless but in the present con-
dition Of afiairs between this country
and Spain it might possibly be an en-
tering Wedge for something important
stratgetically—if for instance war was
to be declared soon. which fortunately
s not looked for. we say Spain has
pérhaps no legal right to Object and
that her Objection adds to the certainty
that she thinks she must do something

to appease the people Of the kingdom, ,
but the demand is, under the circum- !

stances, reasonable.

The real intent of this objection is
we think to be found in the desire of
Spain tO let the. reconccntrados alone.
They are being starved.

recently sent to Cuba have so far got !

no farther than Havanaf“ That was
the only port Open to them.
there they could not be distributed to

the interior, for the Spanish authori-

ties have no railway cars to use for the
purpose and the country is not very
safe for Spanish trains. The insur-
gents have enough'food but added sup-

 

.‘ .

The supplit s 1

Once ‘

WEEKLY - NORWAL'K - IAZE'PT'E.

some of them .while being thus dis-
tributed might fall into their hands.

It was to assist in getting these sup-
plies to the starving people at the
more eaSterly ports of the island that
Ive sought and obtained permission to
take cargoes directly to such ports. At
this late date just as the suffering peo-
ple were to be reached effectively Spain
has discovered that the method of
sending the relief is all wrong. If the
warships were loaded we think they
would go. As they are not the Fern
has been selected instead and will start
ina few daysr The only thing to do
is to get the supplies to the reconcen-
trados as soon as possible. In the
light of delay this appeal of Spain
comes with no very good grade.

There is nothing in the situation,
however, that means war. The country
has kept its head and will continue to
keep it, guided by the skillful patriot
and diplomatist now in the White
House. Incidents like these now inter-
esting the public show that gradually
Cuba is drifting away from Spain, and
earning the sympathy of the civilized
world. The Sagasta ministry has a
difficult task indeed. In order to keep
peace at home, the demands just made
by it are probably necessary. But hav-
ing been made, this will probably be-
the last of them. “7e must not believe
that Spain is eager to try its pOwers
with those of a nation many times its
superior.

 

 

LOST.

OST—One certificate of stock Of the
Boston and Albany Rail Road
Company numbered 24551, dated July
21st, 1879, for Ten Shares Of said stock
standing ~in thename Of George R.
Cowles. The finder will be suitably
rewarded by returning the same to
HOMER MERRILL, Executor.

WANTED.

ANTED—Bass Singer, on salary

for Grace church choir. Apply

at once, James Baker Vocal teacher, 55
Wall street. M8 3t

ANTED—Houses and Real Estate
to sell. W. H. Byington, Insur-
ance, GAZETTE Building. N30 tf

‘NANTED—Contractors to know
that the Fidelity and Deposit
00.. of Maryland, furnishes surety. W.
H. Byington, agent, GAZETTE Build-
ing. N30 tf

 

 

 

 

 

 

 

TO RENT.

'1‘0 RENT—A large hall in the GA-
ZETTE Building. Apply to Charles
N30 tf

 

Olmstead, Masonic Building.

 

O RENT—Second floor No. 11 But-
ler street; small family. Enquire
of BURR SMITH. F26 tf

V O RENT—«House on Orchard street,
suitable for either one or two
families. Has all modern improve-
ments, bathroom, furnace, etc. Two
minutes walk from West avenue trol-
ley. Inquire N o. 6 Orchard street.
F28 tf

 

 

FOR SALE.

' FOR SALE—House at Broad River,
6 rooms and basement; new barn;
lot 75x200; chicken house and fruit. W.
H. Byington, Insurance, GAZETTE
Building. MS tf

 

 

FOR SALE——House on Franklin ave-
nue, water and sewer connection; barn
and hennery. W. H. Byington, Insur-
ance, GAZETTE Building. M8 tf

 

FOR SALE OR RENT—House on
Camp street: 13 rooms, modern im-
provements: barn and large carriage
house. W. H. Byington, Insurance,
GAZETTE Building. M8 tf

FOR SALE—On Newtown avenue, a
hue house of 10 rooms, hot and cold
water. furnace. etc. Lot 95x400. Will
he sold cheap it taken at. once. W. H.
Byington. Insurance. GAZETTE Build-
ing. D29 tf

 

 

 

UR SALE—Three line building lots
on \Vilton avenue. 0. E. Wilson.
Insurance, GAZETTE Building. N30 tf

 

 

FOR SALE—Two building lots on
Newtown avenue, 60x200. W. H. By-
ington, Insurance, GAZETTE Building.

-‘ D29 tf

FOR SALE—0pc of the best building

lots in the City’, five minutes walk
from Bridge." ,Water and gas on street.
W. H. Byington, Insurance, GAZETTE
Building. N30 tf

 

 

 

OR SA LE——A house on Wilton EVE!
nue. 6 rooms. Will be sold cheap.

1 W. H. Byington, Insurance, GAZETTE
’ Building.

N30 tf

 

FOR SALE!

A Ladies' wheel in good
, condition, easy running, price

{$20. Inquire at this office.

 

 

 

LEGAL NOTICES.

.IS L'ltIC’l‘ 0t Summit. 55.. Probate Court,
1 February zlst A. D. 1896.
. Estate of HORACE BARTLETT late of Norwalk
. In said Uistnct, deceased. . .
The A'ourt 0_t' l'rolmte for the District of
l Norwalk hath hunted and allowed 31:. months
from the date h.“ rent for the Credxtorsof said
I Estate to exhibit their chums for settlement.
Those who neglect to present their accounts
properly attested. Within and t1me.,w111 be de-
barrerl a recovery. All persons Indebted to
and Estate are requested to make Immediate

t t
”we" 0 GEORGE E. RAIMOXD.
Administrator with the will annexed.

 

I

 

 

plies would not be undesirable and: HOYTSS THEATRE

ONE WEEK, Commencing
Monday Evenir g,March 14
MATINEE Daily 0033331535313

PAYTON’S
Big Comedy (30.,

Recognized to be the best, with their
tons of magnificent scenery and grand
stage effects. ~:- '

_.
n o

Mondldy Evening,

The Great Sensational Comedy Drama.

“WOMAN AGAINST 'WUMAN.”

EXTRA-l The Animated Song
Sheet pos1t1vcly at every performance.

POPULAR PRICES-10, 20 and 300.
MATINEES—l O and 200.

Ladies' tickets for Monday evening
can now be had at Plaisted’s and Glen-
dening’s drug stores.

Sllafting,

M ACH IN ERY. H...
Pulleys

and Couplings. Machinery Steel'in all sizes from
8}; Inches diameter down to 3-16 Inches diameter
cut any length. always in stock. Cold Rolled
Roun s. Squares, Flats, Hexagons, Octagons,
Decagonsmnd all shapes finished to exact sizes.
erythmg in readiness to be shipped at once.
Our goods are without a rival and our prices the
lowest of all. Telephone 314, South Boston.

COMPRESSED STEEL SHAFTING WORKS,
South Boston, Mass.

 

 

 

52d;

Annual Statement

—-~Ol" THE~——

Connecticut -:- Mutual

LIFE INSURANCE an.
or Hartford, Conn.

NET ASSETS, Jan. 1, ’97, $60,981,67161
RECEIVED IN 1897.

For Premiums, - — - '-' $4,743,410.04

For Interest and Rents, 3,153,044.47

Profit and Loss,‘ - - - 65,289.82

$7,961,744.33
$68.943,415.94

 

 

 

DISBURSED IN 1897.

For claims by death
and matured en-
dowments, - - $4,455,832.23
Surplus returned to -»
policy-holders, 1,284,481.48
Lapsed and Surren-
596,136.76

dered Policies,
. TOT. TOPOLICY-HOLDERS, $6,337,447.47
Commissions to Agents,Sal-
aries,MedicalExaminers’
fees, Printing, Advertis-
ing, Legal, Real Estate,
' and all other Expenses,
TAXES,

346,938.43
7,534,865.56-

BAL. NETAS’TS.Dec.3l, ’97,$61,408,550. 38

SCHEDULE OF ASSETS. -
Loans upon Real Estate,

firstlien, - - - - - $33,045,673.68
Loans upon Stocks a d
Bonds, - - — - -- - 2,300.00

Premium Notes on Poli~
icies in force, -
Cost of Real Est. owned
by the Company,
Cost of Bonds,
Cost of Banks and Rail-

983,315. 72

9,840,914.84
5,924,674.25

road Stocks, - - -- - 473,504.16
Cash in Banks, 1,135,965.53
4,619.17

Bills receivable, - - -
$61,410,967.35
2,416.97

861, 408,550. 38

Less Agents’ Credit Bals,

ADD
Interest due and accrued, $1,029.649.7l
Rents due and accrued, 15,962 49
Market value of stocks and

bonds over cost, - - - 771,770.27
Net uncollected and de-

ferred premiums, - 362. 728. 13

 

 

 

GROSS ASSETS,Dec.31’9T, $3,588,660.98
LIABILITIES:

Amount required to re-in—
sure _ all outstanding,

C‘POlIcIes, net,COInpany’s

 

 

Standard, - - - - ~854,924.070.00
Allother liabilities, - - 1,303,654.97
3 ' .856,227,724.97
lsURpws, - - - - - - $7,360,936.01

Ratio Of expenses. of man-

agement to receipts in

1897, 10.68 per cent.
Policies in force. Dream,

1897, 66,705 Ins ring, $157,701,387.00

JACOB L. GREENE, President.
JOHN M. TAYLOR. Vice~President.

EDWARD M. BUNCE, Secretary.
DANIEL II. WELLS, Actuary.

ALFRED T. lilcllllllls, General Igl.
Boom l0, Company’s Building,

 

I 1/

 

 

 

 

OF NEW YORK.

RICHARD 6- mm: an...

Statement for the Year Ending Dec. 31:97.

 

 

850,47966'

$2,180,110.60 -

According to the Standard of the Insurance Department of the State of New York.

 

INQQMEQ .

$42,693,201 99
1194699406 24
$54,162,608 23

Received for Premiums .
From all other Sources

BISBUESEMENTSQ

' . . $13,279,630 66
' 12,712,424 76

10,132,005 57
$36,124,060 99

To Policy=holders for Claims by Death
To Policy=holders for Endowments, Dividends, etc. ' .
For all other Accounts ’

AS.ET§Q

United States Bonds and other Securities
First Lien Loans on Bond and Mortgage
Loans on Stocks and Bonds
Real Estate
Cash in Banks and Trust Companies
Accrued Interest, Net Deferred Premiums, etc.

$132,017.34! 45
69,423,937 31 .

_ 12,880,308 00
21,618,454 88
11,705,195 82
6,141,200 20

$253,783,437 66
218,278,243 07

Reserve for Policies and other Liabilities

Surplus . . . . . . $35,508,194 59 ‘
Insurance and Annuities in Force . . . $936,634,496 63,

 

l have carefully examined the foregoing Statement and find the same to be correct:

. liabilities 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 Insurance Company of New York.

To THE HONORABLE, THE BOARD OF TRUSTEES or

TIIE MII'I'IIIL LIFE INSURANCE COMPANY OF IIEVI YORK. . ,

The undersigned, a Committee appointed by your honorable body, on the twenty
'second day of December, I 897,to examine the Annual Statement of the Company and

“to verify the same, respectfully—fl ,-
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 Of this Report, attended at the office of the Company, and have been waited on
by the Treasurer, the Comptroller,the Auditor, and the Cashier, together with the respective assistants of suchofiicers, '

'and' have carefully gone over all the items contained in the said Statement, and have found the same to be correct. They

have examined and counted every certificate of stock, bond and other obligation held by the Company, and compared
the prices 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. 3 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 valuation of the Com. . . .~
pany’s "holdings of real estate and have verified the depOSIts of money In the vamous banks and trust companies, and
have counted the cash on hand held by the Cashier. . . . . ‘ ,
And the Committee certify that all the books, papers, documents, and evidence of title of every descripmon neces-y‘ . -.
sary in such examination have been freely submitted to the Committee by the said officers 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 system ' "
and methods adopted by the Company in recording its transactions and caring for the assets are entitled to commendation. ' -' '
All of which is respectfully submitted. CHAS. R. HENDERSON ELBRIDGE T. GERRY A. N. WATERHOUSE ,
NEW YORK, January 21, 1898. S. V. R. CRUGER J. HOBART HERRICK JAMES C. HOLDEN.

 

‘Board of Trustees-

GEORGE G. HAVEN
ADRIAN ISELIN JR.
GEORGE S. Bownonv
WILLIAM C. WHITNEY ,
WILLIAM ROCKEFELLEB
JAMES N. J ABVIE

CHAS D. DICKEY JR.

HENRY H. ROGERS

J so. W AUCHINCLOSS
THEODORE MORFORD
WILLIAM BABCOCK
STUYVESAN’I' FISH
AUGUSTUS D. J UILLIABD
CHARLES E. MILLER

FREDERIC CROMWELI,
JULIEN '1‘. DAVIES

A. N. VVATERHOUSE

S. V. R. CRUGER
CHARLES R. HENDERSON
RUFUS W. PECKHAM

ROBERT OLYPHAN’I J. HOBART HERRICK
WM. P. DIXON WALTER B GILLETTE ELBRIDGE T. GERRY

GEORGE F. BAKER
DUDLEY OmOTT ROBERT A. GRANNISS H. WALTER WEBB JAMES SPEYER - .

SAMUEL D. BARcoca
RICHARD A. MCCURDI
JAMES C. HOLDEN
HERMANN C.,VON POST
WILLIAM J. SEWELL
OLIVER HARRIIIAN

 

ROBERT A. GRANISS, Vice-President.

 

WALTER R. GILLETTE, General Alganfigeéo K C d' S t
‘AAC F. LOYD, 2d Vice-President. DUEH du- . , orrespon mg ecre ary
IWILLIAM J. EASTON, Secretary. ' » ALBERT KLAMROTH, Assustant Secretary
' FREDERIC CROMWELL. Trergslufieg'so 7 2d A _ l t T
HN A. FONDA Assistant Treasurer. JAMES I . ssus'an reasurer.
WILLIAM 9. Ships, Cashier. EDWARD r. HOLDEN, ASSIstant Cashier.
' EMORY McCLlNTOOK, Actuary. .
‘ JOHN TATLOCK’ JR ’ Asiirsiiliffitiiumvrvy RICHARDS C t 1:
CHARLES A, PRELLER, Auditor. - . . _ , omp ro er,
0. CLIFFORD GRETSINGER. ASsistant Auditor. HENRY S. BRO WN, ASSIstant Comptrollel
J OHN. C. ELLIO I‘, Superintendent of Domestic Agencms.
E-‘DW ARI) LYMAN SHORT. General Solicitor.
MEDICAL DIRECTORS:
ELIAS J. MARSH, M D' GRANVILLE M WHITE. M D
' G. S. WINSTON M. D. Consulting.

'51

 

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