r7 THE EVENING GAzszs mm) AT THE POST OFFICE IN NORWALK As A NEWSPAPER. ll AIL SUBSCRIPTIONS . DAmr. one year. :3: six months, $1.75: three months. $1.00; one month, 300. WEEKLY, one year. in advance. $1.00: six months. 600.: three months. 35c. WEDNESDAY, FEBRUARY 17, 1897. M- Why Change? At the last session of the legislature a law was passed making it obligatory for an electric road, which desired to parallel a steam road, or vice verse, to apply toa superior court judge, who would hold a hearing and grant the permission or not, as he decided that the case merited. This was thought to be an extremely good law then, but this year an effort is being .made to have it repealed. \ There are no doubt places where a perallel road would be a great conven- ience and in this vicinity, says the Bridgeport Post, the superior court judges have granted all the permission that has been asked. In some other places in the state the circumstances did not seem to warrant the paralleling and permission has been refused. An in- stance or two has probably been the cause of starting thevfight in the Legis- lature. It certainly would not be good policy to cover this state with a net work of either electric or steam roads that would prove excessive to the de- mand and render the business of trans- portation non-paying and unsatisfac- tory to both investors and public. Some wise restriction seems necessary, and if. we cannot put confidence in our judges our present system of government is a failure. It is certain that the public is the sufl'erer when a road is needlessly par- alleled, and only the gainer when pub- lic demand and convenience will sup- port sucha situation. Something be- side the mere wish of investors and promoters should be the guide, it seems to us. The legislature will think deeply before it tears away this year, what it builded last year. ' V In speaking upon the subject the New Haven Journal and Courier also says: It then, there has been no change, that would weaken the arguments which were seen to be so sound and strong a few years ago, and if what has happened since has only added to the soundness and strengthof those arguments, why should the. law rightly and wisely made then be now repealed? Why should the state of Connecticut take action that would threaten the efficiency and the, solvency of one of the few great railroads ofvthe country that are- now eitherthoroughly efficient or solvent? And,why. should the state. take action that would inevitably add to its.bur- dens and under the spacious plea of public convenience and necessity lead to public inconvenience and loss ? .0 The Phoenix Mutual Life. The annual statement Of the Phoenix Mutual Life Insurance Company is , printed elsewhere this afternoon and will be received with great satisfaction by the 26,000 policy-holders in thecom- pany and by all interest( (1 in its p108- perity and welfare. The company shows $10,658,043 of gross assets, estimated at aconservative valuation, which is a gain of $200,000 for the year, inspite of the shrinkage in values that has come to so many invest- ments in the phenomenally hard times of 1896. The surplus is nearly $600,000 over and above special reserves of about $250,000 more. The assets are choice, securities and the strength of . the companv is everywhere recognized he large and sure. ' ~ The Phoenix Mutual became a strictly mutual company in 1889, and its growth since then has been steady and con- .rinuous. Each year it has shown more assets, greater premium incbme, more policies, and more insurance in force.~ In 1889 the premium income was $650,- 000. In.1896 itwas $1,430,228. Thus it has more than doubled in seven years. The advance is indicated by the figures ..f the past three years as follows: " 1394 1895 1890 Premiums. 1,198,561 1,330,804 1,430,228 Policies in force. 22.797 24,999 23981 1118. in force, $36,381,046 40,460,331 42,216,841 I’aid pol. holders $1,087,556 1,112,844 1,212,151 These tell their own story of steady 'advance and increased usefulness in a widening field. Since the Phaanix Mu- tual began business it has paid to its policyholders $36,000,000. Its pay- ments are larger each year and its re- ceipts increase at a still faster pace, so that it grows stron z§whileincreasing its’distributions. - The increase Of business inthe last iewgye'ars has‘giifused a great deal of. v— new blood into the roll of the company’s policyholders and strengthens it for the future as well as the present. The Phoenix Mutual is advancing steadily among the conservative companies of the country and its successful course is the best proof ,of the excellence (of its present management. The officers are: President Jonathan B.-Bunce, who is also director of the Hartford Fire, and Connecticut Trust Company, the Phoenix National Bank, the Society for Savings and the Hart- ford Carpet Uompany; Vice-President J ohnM. Holcombe; Actuary Archibald A._ Welch; Medical Director ‘Dr. W. D. Morgan; and superintendent of agen- cies, Dr. George S. Miller. ‘——-<* Bronx' R'iv‘ex- Sewage System. ALBANY, Feb. 17.-—In the assembly to. day Mr. MattheWson of New York intro- duced a bill providing for the building and. maintenance of a. system of sewage dis- posal Of the Bronx river and the West- chester creek valleys, in the counties of New York and Westchester, to prevent the overflow and pollution of the river and creek, and creating a commission to have charge of the improvements. Kentucky Stills to Be Closed. CINCINNATI, Feb. 17.—It is announced that all the leading Kentucky distillers will keep their- plants closed this year. During the next regular session of con- gress an effort will be made to reduce the whisky tax from $1.10 to 90 cents. _,_,___.,_.__.~ Quick Beliefifrom Rheumatism. Mr. Elisha Berry, of this place says he never had anything do him so much good, and give such quick relief from rheumatism as Chamberlain’s Pain Balm. He was bothered greatly with shooting pains from hip to. knee until he used this liniment, which afforded prompt relief.—B. F. BAKER, druggist, St. Paris, Ohio. For sale by E. P. Weed, Druggist. ' nus SPAOE_ Is . comment ran av . strum & MITGHELL. A E H E EVE l N c. GAZETT CHECKER.BOARD BUSINESS DIRECTORY. — ’V N ORWALK Fire Insurance to. In Successful Oper- ation Since 1860, No Outstanding Claims. GAZETTE ans. BRING ' GOOD RESULTS 9 Sales For Rent. AlIIABlES STORED ,. IN Safe Deposit Vault . OF THE 2 NATIONAL BANK or NOLWALK, 6. Ward Sellsck, BEST GOODS. TEAS and corrsss 18 WALL ST. Frank T. Hyatt DENTIST, 8 West Avenue. NASH tvnscor : - —Dealers in—-- Cnocxnar. CHINA AND GLAss ARE. : PLUMBIIB. STEAM AND GAS FITTING. Cor. Main 6: West Sts, so. NORWALK. FRED A. WALTER, . ‘ MAKER OF . AND DEALER IN Hnusnss am; HORSE GOODS. . I EMBUSSING No. 9 Main St. Re i ' f 11 k' d DONE AT (103122132 3rtanoti§e.8 . d Haarnessnfide to or- ' «4‘ THIS OFFICE. ers‘f‘iv‘icfliisr. ’ " NORWALK, - - CONN. GeonW. Raymond, I h 8?? 11" Lecloiiatni I I " DEALER IN 0 6%zglzll‘1in e in W' P ' BYINGTON ‘ Staple and Fancy “"Al' WOOD. , ILIlE STONE AND , Groceries msnIS'nuun- ItSURANGE - A-ND - Mlvdgfcir‘dgiigmis ' I PrOVISIOH-‘S CEMEN -- 13101g1 Office and-Yard. 33 to 4% Water Street. Hutu l, Emile Bulldlng. Edgar Buttery? N u rse r y m a n , NORWALK. CONN. Trees. Shrubs and Plants. Strawberry Plants a Specialty. Brandy Wine. R10 and Marshel. 30 other Varieties. Office, 6 Water St. Nurs’ys, Broad River. ENTERPRISE Bottling Works, 7 Wall Street. FINE ME AND lAGER -EXI’BEBSLY FOB FAM- ILY USE. Mail orders receive prompt attention. Send Your Order to NVhen You Want 60 Washington St. SOUTH NORWALK. .llllllT & ZELUFF, a Nice Fresh Fish, A. ll. NALKIN , . r carpenter . .. and Builder, . , . SAVIIIII: All) puma 7 6 Franklin Ave. , NORWALK. CONN. Painting. Pa er Hanging. Ka somin- rug and Hardwood Finishing. ll. l. PlATT, 52 Wilton Avenue, Norwalk. Conn. Send for book con- taining samples. PARLOR BABBEB-:-Sll0P, E. S. LEOBOLD. 51-7 Maln Street. ‘ 1. TRY WEED’S , SUDA‘WATER . ' ' 38 WallSt. ’ : Job Printing’ ' f ‘ . rvrnv “stainles- Exxonrsn AT THE ‘ . EAZETTEIIFFIBE i NOW , GOING .ON 1 \ GREAT BANKRUPT 81le or SHOES. -. r' UNHEARD or BARGAIEIS. CHANCE OF A LIFETIME. THEO. H.0LSEN’S e 350 pairs of Lounsbury, Mathewson &: 0335 Ladies’ Fine Shoes at half price. 500 pairs sample 3, 3t and 4, C, D and E, from 7 so to $1.25; worth from $1.25 to $3. 150 pairs Ladies’ Calf, Lace and Button, worth $2.50, at $1.25. 400 pairs Ladies’ nice fine Kid Button and Lace, $2.50 and $3, at $1.50. ' - 300 pairs Ladies’ Goodyear Welt, Button, patent leather tip, 3 styles, worth $3, at $2. 75 pairs Misses’ Patent Leather Spring Heels, at 7 5c. ' . 80 pairs Misses’ Patent Leather Spring Heels, at 550. 250 pairs Men’s Calf, Square Toe, Double Sole, Lace,kregular $3 shoe, at $2. 60 pairs Men’s Calf. Square Toe, Single Sole, Lace, regular $1. 50 shoe, at ‘61. 50 pairs Men’s Police Bals Tap, Lacie, regular $2 shoe. art-$1. 50. 50 pairs Boys’ Tap Sole, Lace, regular $1.25 shoe, at 7 5c. 100 pairs Boys’ and Youth’s, a good one, Lace, regular 85c. , 180 pairs Men’s High Boots, same as a year ago 2.85. 100 pairs Men’s Storm King, same as a year ago, $2.7 5. . I I "”130- H- 0 '86", ~_.».,~ ' ‘ 81WASHINGTONLSTREET,SOUTHNORWALK. J. ‘H. W. C. E. 9 LIFE ANDfiACClDENT INSURANCE. ’ i. f Hill ANNUAL STATENENT 60NDENSED I. * AiIN-A LIFE" ‘ I INSURANCE COMPANY x- HARTFORD, CONN. / MORGAN c. BULKELEY, President. Assets, January 1, 18.97. $45,557,272.15 Liabilities to Policy Holders, reserve and ,all other claims, 38,845,7 69.90 Payments to Policy Holders, in 1896, V 4,498,657.44 Q. Surplus as to Policy Holders, January 1, 1897, 6,711,502.25 Premium receipts in 1896, 5,664,829.94 Interest receipts in 1896, 2,317,319 44 Total receipts in 18ers, ' 7,932,149.33 Life, Endowment, and Term Policies issuedand revived in , 1896, 10,928, insuring 22,322,948.00 .1’ - Life, Endowment, and Term Insurance in force Jan. 1, 1897, 145,635,94094 79,033 850 00 99,697;808;01 Accident Insurance in force January 1, 1897, Paid Policy Holders since organization, The'following gains were made by the JETNA LIFE in 1896 : , , , .In income, $1,057,816.28; in assets, $1,997,234.42 ; in surplus, $198,816.81 ; in new. life business, $1,598,668.00 ; in life insurance in force, $5,608,680.00 ;. in acci- dent business in force, $21,736,500.00; in accident premiums, $175,086.72 (or 62 per Cent); in new business in Connecticut, $310,642,00 ; ' in total life business ins Connecticut, $472,569.00. _ . The dividend to the insured for 18117 is the 25th regular annual increase—a record unparalleled in the history of life insurance. Notwithstanding the advance made by the ZETNA LIFE in 1896, its expenses to income in the Life Department were a little lower than in the previous year, and 23 per cent. less than the average ex- _ pensesof the ten leading ”purely mutual” companies for'the year 1895.. (We have . not their figures for 1896). ‘ 4 J. C. WEBSTER, Vice President. L. "NGLISH, Secretary, W. C. FAXON. Assistant Secretary. ST. JOHN, Actuary. GURDON w. RUSSELL, M.D., Medical Director. . GILBERT, Asst. Secretary, JAMES CAMPBELL, M. 1)., Medical Examiner. ,R. i E. E. HALLOCK, General'Agent, Life 'Qflznartment, .‘»' J. s, BLINN, General Agent, Accidentflgpartment, .~ “. -‘ seems, Hubinger‘tBUildlgngj rs Coinn. y
Norwalk Chronicler