1fl£IEYENING°GAZETTET
OF NEW,
aranRD A. McG'U'RDY, President.
UTUAL hrs «transect,
YO RK.
‘ tatement for the Yealllllig Dec. 31:97.
According to the Standard of the Insurance Department of the State of New York.
\
ruoomn. .
4
Received for Premiums . .
From all other Sources . .
nrsnunsnmnnms.
To Policy-holders for Claims by Death . . - .
T0 Policy-holders for Endowments, Dividends, etc. .
For all other Accounts . p . . '. .
ASSETSO ' I l’
to
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 . . .
Reserve for Policies and other Liabilities . . 21
Surplus . . . . . .
Insurance and Annuities in Force . . .
lhave carefully examined the foregoing Statement and find the same to be correct;
liabilities calculated by the Insurance Department.
From the Surplus a dividend will be apportioned as usual
Report of the Examining Committee.
Office of the Mutual Life Insurance Gempany of New York.
I O THE HONORABLE, THE BOARD OF TRUSTEES OF
THE MIITIIAL LIFE INSURANCE COMPANY OF NEW YORK.
The undersigned, a Committee appointed by your honorable body, on the twenty-
second day of December, l897,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 Com13tr011ela,the Auditor, and the Cashier, together with the respective assistants of such-officers
and have carefully gone over all the items contained in the said Statement, and have found the same to be corre at. 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. They have examined and counted the bonds and mortgages on real
They have also verified the valuation of the Com-
holdings of real estate and have verified the deposits of money in the various banks and trust compames, and
property held by
pany’s
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 description neces-
examination have been freely submitted to the Committee by the said officers and their assistants, and that,
sary in such
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
CHAS. R. HENDERSON
S. V. R. CRUGER
All of which is respectfully submitted.
NEW YORK, January 21, 1898.
a
the Company, and find the same to be as stated.
ELBRIDGE T. GERRY
Board Of Trustees-
FREDERIO CROMWELL
J ULIEN T. DAVIES
A. N. WATERHOUSE
. S. V. R. CRUGER
CHARLES R. HENDERSON
RUFUS W. PECKHAM
J. HOBART HEBRICK
WM. P. DIXON
ROBERT A. GRANNIss
SAMUEL D. BABCOCK
RICHARD A. MCCUBDY
JAMES C. HOLDEN
HEBMANN C. VON POST
WILLIAM J. SEWELL
OLIvBR HABBIMAN
ROBERT OLYPHANT
GEORGE F. BAKER
DUDLEY QLOOTT
HENRY H. ROGERS
JNO. W AUOHINOLoss
THEODORE MORFORD .
WILLIAM BABCOCK
STUYVESANT FISH
AUGUSTUS D. J UILLIARD
CHARLES E. MILLER
WALTER R GILLETTE
H. WALTER WEBB
ROBERT A. GRANISS, Vice-President.
WALTER R. GILLETTE, General Manager.
ISAAC F. LLOYD, 2d Vice.President
WILLIAM J. EASI‘ON, Secretary.
DUER du—P. BRECK, Correspondi
ALBERT KLAMROTH, Assistanf. Secretaryflz
.1 FREDERIC CROMWELL, Treasurer.
JOHN A. FUNDA, Assistant Treasurer.
WILLIAM P. SANDS, Cashier.
CHARLES A, PRELL‘ER, Auditor.
C. CLIFFORD GRETSINGER, Aesistant Auditor.
JAMES TIM l’SON. 2d Assistant Treasurer.
EDWARD P. HOLDEN, Assistant Cashier.
. EMORY MOCLIN'I‘OCK, Actuary.
JOHN TATLOCK, JR , Assistant Actuary.
WILLIAM .W. RICHARDS, Comptroller.
HENRY S. BROWN, Assistant Comptroller
JOHN C. ELLIOT, Superintendent of Domestic Agencies. -
ED WARD LYMAN SHORT, General-Solicitor.
$42,693.20! 99
11,469,406 24
£354,162,6o8 23
$13,279,630 66
12,712,424 76
10,132,005 57
$36,124,960 99
$132,017.34! 45
69,423,937 3!
12,880,308 00
21,618,454 88
I197059195 8’
Accrued Interest, Net Deferred Premiums, etc. . . 6,141,200 20
. $253,786,437 6'6
8,278,143, 07
$35,508,194 59
$936,634.496 33
CHARLES A. PRELLER, Auditor.
A. N. WATERHOUSE
J. HOBART HERRICK JAMES C. HOLDEN
GEORGE G. HAVEN
ADRIAN ISELIN JR.
GEORGE S. Bownom
WILLIAM C'. .‘WHITNEY
WILLIAM ROOKEPELLEB
JAMES N. ‘JARv'IE
CHAS D. DICKEY JR
ELBRIDGE T ' .GERBY
JAMES SPEYER; .
0
ill
. Jail—2‘0
3.1.7.“:
as Seéretary
w, the cold, hard Stones.
MEDICAL DIRECTORS:
ELIAS J. MARSH, M. D-
. G. S. WINSTON M. D. Consulting.
Ll WHOLS & GILBERT. General Agents,
AdmidAMP, Localldgent. ’
.‘Jb
GRANVILLE III. WHITE, M D
K
. I _ ,
ELEPHANT GREAT IN CRIME.
The Intelligent“ V Dllpiayed in The]!
Hatred. .
Few more impressive confidence!
can be imparted than one in which a
Hindoo describes new he' knows his
elephant intends to destroy him. It is
all so seemingly trivial, and yet in
reality of such deadly significance
His story is so full 'of details that
prove the man’s profound understand-
ing of what he is talking about that
one remains equally amazed at the
brute’s power to dissemble and its in-
tended victim’s insight into the would-
be murderer’s character. And yet,
from'the psychological standpoint, thl
elephant never gives any such other
indication of mental power as is ex-
hibited in its revenge. That patient,
watchful, implacable hatred, often
provoked simply because ,a man is in
attendance upon another animal (for
it is the rule with tuskérs to detesl
their next neighbors), speaks more
conclusively of a high intellectual
guide than all stories, true or false,
concentration and fixedncss of pur-
pose, that have been told of their abil-
ity. Such concentration and fixedness
of purpose, such careful, unrel-axed
vigilance, such perfect and consistent
pretence, and, when the time comes,
such desperate, unhesitating energy.
' as homicidal animals exhibit, are im-
possible without a very ‘éonsiderable,
although, in this instance, very irreg-
ular development.
No one can deny that if this creat-
ure is great at all, its greatness shows
Itself in its crimes. These have caused
it to be worshipped in ‘the East,
where men venerate nothing but mer-
ciless, irresponsible force, and where
an exhibition of those qualities and
traits describedfully accounts for
the formula, “My lord the elephant."
--Outing. .
That “'as the Question.
Sandy Mc , a Forfarshire far-
mer, had been spending an hour or
two in the evening with a friend a
couple of miles away. It was a moon-
light night, and Sandy, lifter partak-
ing freely of his friend’s hospitality,
was riding quietly home across the
sheep pastures on his “gold auld
more,” when they came to an open
ditch, which his mare refused to
cross.
“Hoot awa’, Maggie,” said the rider,
"this winna dae. Ye maun jist gang
ower.’
He turned back about a hundred
yards, wheeled round and gave the
mare a touch of the whip. On she
went at a brisk cantor, but just as
they reached the edge of the ditch she
stopped dead, and shot Sandy clean
over‘f’c‘i' the other side.
Gathering himself up, Sandy leoked
his mare straight in the face, and
said:
“Vera weel pitched, indeed, ma lass,
butt hoo are ye goin’ to get owcr yer-
sel’, eh?”
Question of Transportation.
A story is told of a prompt and witty
retort made by an Irish drover to a
remark of the present solicitor general,
Sir Robert Finlay, Q. 0., M. P. Once,
when in Ireland, Sir Robert—when
Mr. Finlay—met a drovcr proceeding
with a. numberof cattle to a fair in
the South. ‘
“Where are you going to?” asked
the eminent barrister.
“To \‘v’aterford fair. yer banner.”
“Indeed? And how much’do you ex-
pect to get for your beasts?” asked
the. Q. C.
“Sure, an’ av I get eight pounds the
head I shall not do badly,” replied
Pat. .
“Ah, that’s a sample of your coun-
try,” said Sir: Robert. “Now take
these heifers to England and you aver-
age fourteen pound a head.”
“Just so, yer banner,” said Pat.
promptly, “and av. yez were to take
the Lakes of Killarney to purgatory
yez would get a guinea a dhrop.”
Chivalryol‘ the "Slums,”
A touching story is told of an Edin-
burgh street waif. There was a
Christmas treat given to poor children
at a mission hall, and, hundreds of
little ones were assembled at the doors
in advance of the hour of admittance,
many of them barefoot.
Among the number was a sweet-
faced little girl, who seemed less
hardened than most to the cold, for
she shivered in her poor jacket and
danced from one foot to the other on
A boy not
much Older watched this performance
for a few minutes, and then, with a
sudden impUISe of protection, took off
his cap, put it down before her, and
said:
“Ye maun stand on that.”—-C~hristlan
Endeavor World.
Pointed Paragraphs.
the more he needs. -
Weather strips will soon be classed
as long felt wants.
The early milkman catches a glimpse
of a woman’s true complexion.
A few men “think," others “guess,”
some “fancy,” while still others “reck-
on.”
It must be hard on the fingers of
the' jolly mute who is always cmcki‘ng
jokes. » .
The end of one man's failures is oft-
times the beginning of another man’s
success *
to be caught looking at a photograph
of himself.——Chicago News.
Elsie was trying to eat a dessert oi
gelatlne, 'and had some difllcuity in
conveying the quivering spoonful to
her mouth. “Momma,” she said at
length, “I don’t b’lleve I like such
nervous desserts."-Olncinnatl Gom-
normal-Tribune.-
..- . -uJ ..
' The more bread the baker ,makes '
No man who ignores small things -
ever accomplishes any very great ones. ‘
i
l
-. day or two ago I was on the farm
TRAPPIST MONKS IN ALGIERS.
How They Live a: tile r‘amons Monastery
of Staoueli. i.
If Algiers is at present a rather laW- if
less paradise, the famous monastery
of La Trappe dc Staoueli is a panidise
of peace. The life of the Trappist
monk is no idle dream. He is the
hardest laborer one can imagine. As
I stroll about the. farms and planta-
tions, says a writer, I see monks dig- .
ging potatoes, chopping wood, gather- 1
ing grapes, drawing water, wheeling}
huge barrows of vegetables, directing
the laborers in the vineyards, plant—
ing, hoeing, destroying weeds, trim-~
ming flower beds, toiling in the dis
tillery, carpentering, bottling wine——
doing a thousand things. Generally
they are clad in s’ober'brown or White
habits, with hoods, stout boots and
big straw hats. But somedmes, when
their labors are very menial, they cov-
er themselves up in a sort of loose
blouse, such as a butcher might wear.
In" this they are unrecognizable. A
watching a herd of little black pigs
fighting over their food, when a young
laborer came up and began to talk—
about pigs, naturally. He toldme that
he looked after them, and invited me
to make the tour of the piggeries. The
conversation slipped from’ the subject
of pigs to that of bulls, from bulls to
bull fights. Thinking the young man
was a Spanish, workman—half“ the
world is Spanish at La Trappe de
Staouell—I drew out my cigarette case
and offered him a cigarette. He re-
fused Ilt gently, saying: “It is forbid-
den; I have not smoked, I have not
been outside these walls for fifteen
years.” And, turning up his blouse
with a smile, he showed me his monk-
ish habit underneath. I learned after-
ward that he and'his father had been
monks together at La Trappe. The
father is buried now in the cemetery,
and the son presides over the destinies
of the Trappist pigs. .
It is a mistake to believe, as many
people do believe, that the Trappl-sts
never speak. Some of them may Speak
at certain times and in certain places
with strangers. They may speak in
order to give directions ’to the work-
men in the’ fields and about the farms.
But within the monastery and among
themselves they preserve continual si-
lence.
ETIQUETTE OF THE TOILET.
Peculiar Method of the Russians in Ar—
ranging tho Hair.
“The etiquette of the toilet varies
in different countries,” says a contrib-
utor of Cassell’s Magazine. "'1 can re-
member reaching a khan in Armenia
once, accompanied by a big party of
fellow travellers. Our party had wan
dered about for miles,_and lost our
way, and it was so late that we were.
too Sleepy to eat. We were ushered
info a long, low mom. with beds on
the ground about a yard from each
other. I was the first to be awakened
the next morning by a sunbeam danc-
ing on my face, and on looking 111).
found that the occupants of the bed
next to mine consisted of a man and
his wife and a little girl of about
three, who had apparently gone to
bed in their clothes. In this instance.
the husband simply get up, Shook
himself and put on his boots; the lady
braided her hair and put on her boots
and the little child had gone to bed in
its boots. They proved to be native
Christians, who have a rooted hatred
for soup and water, more intense even
than that of Russian pilgrims, whom
I remember on board a vessel going
from Constantinople to Joppa. . On
fine days a barrel of water was
brought up to rthat portion of the deck
roped off for the accommodation of the
Russian Pilgrims, who occupied them-
selves in singing hymns and making
tea in a samov-ar. a utensil much be-
loved by an Old aunt of mine, who in-
formed me, in all seriousness, that she
much preferred tea a la Russo, ‘in a
semaphore,’ although she did not ex-
plain how she was going to get it
there. The Russian-pilgrim’s toilet re-
sembles the way in which the Chinese
laundrrymen dampen linen, for they
would approach the barrel, suck up a
mouthful of water, and carefully blow
it over the head of some companion
whose hair they were arranging.”
Wisconsin's Fairest Daughter.
Miss Elizabeth Stephenson, who was
selected to Christen the battleship
Wisconsin at San Francisco, is one
MISS ELIZABETH STEPHENSON.
THE HORSE SHOW. \-
fhe History of New York’s Chief 8001.”
Event.
The original projectors of the Horse
Show builded far better than they,
knew when they first met and ar-
ranged for their first display in'.71883-
The idea of the Horse show was first
developed in and among the then
comparatively small element in the
New York society world known as
“the hunting set," and whose chief
headquarters then as now were in
the saddle at Hempstead and Far
mckawu.
The first the shows in the old Gar-
den were very _mc=iest- afiairs com-
pared with those of. the past six years,
and the figures both of the attend-
ance at these and of their receipts
look almost ridiculous beside those of
10-day. But each year saw. a steady
improvement in the attendance and
consequently in the receipts. With
the opening of the. new Madison
Square Garden in 1890 the public be-
gan to realize that the Show afforded
it an opportunity to inspect the much
talked-of and much discussed beau-'
ties and leaders of New York society
at close range.and to study their con
fumes and ngnS, with the result
that they rushed to the Garden. The
show had its red-latter year in 1892.
although that of last year was almost
equal in the figures of attendance '
and receipts.
As the years went by, the demand
for the best boxes became such that
the premiums paid at .the auction
sales reached surprising figures, until
upward 0f $590 was cheerfully given
for the choice of a prominent box for
the week. The ticket speculators saw
their opportunity in this craze and
frequently managed to secure sonic of
the best boxes. as well as the best
seats. One of these three or four
years ago held a box in a good posi-
tion at $1,000 for the week of the
show. He Offered it to Mr. William
K. Vanderbllt, who refused to pay
such a price, but immediately after-
ward sold it .to {Jermain De in. Mar.
This is the highest recorded price
paid for a box at the Horse Show.
Until three years ago New York so-
ciety made the Show so much of. its
own that it intrenched itself in all
the boxes and aspiring millionaires
from other cities were not able to
break into the charmed circle, al-
though several attempts were made
to do so. Three years ago, however,
Philadelphia secured a box, and the
next year ”f, Boston, Baltimore and
P'ittsburg were represented. Last Au-
tumn other cities held at least a
third of the prominent boxes.
Considered solely as a social func~
tlon. the Horse Show, notwithstand-
lng the fact that it has caused to be
a novely and that the interest of New
York sociey in it is somewhat wan.
ing. is still undoublcdly the most im‘
portant event of the year in the so-
ciety world, not only of New York,
but of America. It is the Advent sea»~
Son of the society year, and its wcg-k
means ihe opening of the lVinter’s
gayclies. The members of New York
sociciy regulate, 'lo a large extent.
their time of returning to their city
homes by it and date the events of the
year from end by the Show week.
For it 1113 matron and hello prepare
their most elaborate gowns, and the
man of fashion overhauls his ward-
robe and gives extra instructions to
his valet.
As may be supposed. it is the event
of the year to the mllliners and dress-
makers not only of this country, but
also to some extent of London and
Paris. for many workshops in those
cities are busled every summer on
orders from American women for
Horse Show gowns. As is natural.
therefore. the Show sets each year the
fashion in Winter gowns and even in
men's clothes. and is the Mecca of
all the leading milliners and dress-
makers of the country who assemble
at the Garden during the week to
study their own and their fellow’s
productions and to get points for the
Winter’s fashions.
At the show the Winters” gayeties
'are planned, entertainments are or-
ganized, engagements announced. and
scandals whispered. It is the first
meeting day of the society clearing
house after the long Summer and Au-
tumn, and to a large extent it sets
the pace for the six months to follow.
The mornings of the show are fav-
ored by the more enthusiastic mem-
bers of the hunting set and by the
children of society. About three
o’clock the advance guard of the fash-
ionable throng begins to arrive, and
by four the boxes and prominent seats
are filled with fashionably dressed oc-
cupants, and the public begins its
rounds of study and comment. At
Six o’clock the human tide begins to”
ebb as dinner hour approaches, and
at eight it begins to flow back again.
By 9:30 every night the function is
at its height. and at eleven the Show
is over. Then the fashionable restau-
rants and cafes arr. filled until long
after midnight with the brilliantly
dressed throng discussing the events
of the day.
Sympathy in Children.
Collecting butterflies, bird’s eggs.
etc., should never be encouraged. It is
apt to develop all that is hard and cruel
in a child’s nature, and to make him
heedless of giving pain and sorrow to
others. Any sign of cruelty in a. child’s
nature should at once be checked, as
It always makes a man feel cheap .
- was
’ of the fairest daughters of the Badger
: state. She is the Child of ex-Gongress-
man Isaac StephensOn of Marinette,
' and is just 21 years old. The Wiscon-
sin sponsor was born in Marine-tie and
. educated at Milwaukee-Dower
College and LaSalle College, near
Boston. She was graduated from’tbe
latter institution with. high honors.
Miss Stephenson is a magnificent spec-
imen of young womanhood. She is al-
m‘ost six.feet talland slender. She
pas dark eyes and .a bright, attractive
face. Her father is quite wealthy.
mfi"“
—.—.__— a...‘
should also the fear of any insect or
animal. Instead of telling the child.
to “throw away that nasty caterpillar,"
instruct him to touch it very gently so
that he will not hurt it, and to admire
its beauty of form and coloring. Ale
ways encourage the love of animals in
children. '
Birdie-There’s a Frenchman be-
hind us;' «I’d better tell you this in
English. - g
f Bertie—0n the contrary, you’d be
33£er it yet Were-.tospeak French!—
........ -- ..-.. . n-u .u ’- -....
“ah
l'-dlldfl!,.. _, ..
“W< as“ ..».-
Norwalk Chronicler