THE EVENING GAZtt’l‘T E
Tee MUTUAL leer. reunites lit,
RICHARD A. MGGURDY, resident.
Statement for the bathing Dee. 31,’97.
According to the Standai d of the Insurance Department of the State of New York.
ENEQMEe
Received for .remiums . .
From all other Sources . .
. BISBURSEMENTSS
To olicyaholders for Claims by Death
To olicy=holderu for Endowments, Dividends, etc.
For all other Accounts
ASSETSe
United States Bonds and other Securities
First Lien Loans on Bond and Mortgage .
' 0
Loans on Stocks and Bonds .
Real Estate . . .
Cash in Banks and Trust Companies
Accrued Interest, Net Deferred Premiums, etc. .
Reserve for Policies and other Liabilities
Surplus . . .
Insurance and Annuities in Force
$42,693,201 99-
11,469,406 2.4 ,
$54,162,608 23
$13,279,630 66
12,712,424 76
10,132,005 547
$36,124,060 99
5‘3290I7934i 45
69,423,937 31
12,880,308 00
21,618,454 88
Il37059t95 8’
6,141, 90 20
$253,786,437 6’3
218,278,243 07
$35,508,194 so
59.36.634.496 63
lhav‘e carefully examined the foregoing Statement and find the same to be correct;
liabilities calculated by the Insurance Department. CHARLES A. PRELLER, Auditor.
From the‘Surplusa 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 OF
THE MHTUAL LIFE INSURANCE COMPANY OF NEW YORK. ‘
The undersigned, a Committee appointed by your honorable body, on the twenty-
second day of December, I897,to examine the Annual Statement of the Company and
to verify the same. respectfully—-—-—
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 such offio
CPS
and have carefully gone over all the items contained in the said Statement, and have found the same to be corre "t The
have examined and counted every certificate of stock, bond and other obligation held by the Company and. chin ared
the prices at which the same are carried in said Statement with the market quotations, and find the same; not evcegding
such quotations—in fact, in many cases below them. They have examined and Counted the bonds and mortnae
D
property held by the Company, and find the same to be as stated.
pany’S holding? of real estate and have verified the deposits of money in the various banks and trust companies
have counted the caSh on hand held by the Cashier.
Des on real
They have also verified the valuation of the Com-
and
And the Committee certify that all the books, papers, documents, and evidence of title Of every description 11
sary in such examination have been freely submitted to the Committee by the said olficcrs and their asqietants andezfj;
‘ “ 9
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 methods adopted by the Company in recording its transactions and caring for the assets are enti ’
CHAS. R. HENDERSON
S. V. R. CRUGER
All of which is respectfully submitted.
NEW YORK. January 21, 1898.
ELBRIDGE T. GERRY
J. HOBART HERRICK
and that the system
tied to commendation
A. N. WATERHOUSE
JAMES C. HOLDEN
Board. of Trustees-
FREDEBIG CBOMWELL
J ULIEN '1‘. DAVIES
A. N. VVATERHOUSE
S. V. R. CRUGEB
CHARLES R. HENDERSON
RUFUS W. PECKHAM
J. HOBART HERRIOK
WM. P. DIXON
[ ROBERT A. GRANNIBS
SAMUEL D. BABCOCK
RICHARD A. MchaDI
JAMES C. HOLDEN
HERNANN C. VON POST
WILLIAM J. SEWELL
OLIVER HABRIMAN
Ronsn'r OLYPHAN'I'
GEORGE F. BAKER
DUDLEY Omo'r'r
HENRY H. ROGERS
,JNO. W AUOHINCLOSS
'1‘ HEODOBE MORFORD
WILLIAM BABCOCK
STUYVFSAN'I‘ FISH
AUGUSTUS D. J UILLIABD
CHARLES E. MILLER
WALTER R GILLETTE
. - H. WALTER WEBB
in.
Gnome: G. HAVEN
ADRIAN ISELIN J a.
EOMGE S. Bownom
WILLIAM C. Wnrrsnv
WILLIAM ROCKEFELLER
JAMES N. JARVIS
CHAS D. DIOKEY JR
ELBRIDGE T' GERRY
JAMES SPEYERJ
ROBERT A. GHANISS, Vice-President.
WALTER R. GILLETTE, General Manager.
ISAAC F. LLOYD, 2d Vice-President.
WILLIAM J. EAS'I‘ON, Secretary.
JOHN A. FONDA, Assistant Treasurer.
WILLIAM P. SANDS, Cashier.
JOHN TATLOOE, J3 , Assi
CHARLES, A, PRELLER, Auditor.
c. OLIEFOED GRETSINGER. ASuistant Auditor.
DUEH du—P. BRECK, Corresponding Secretary
ALBE RT KL
FBEDERIC CROMWELL, Treasurer.
AMROTH, . Assistant: Secretar .
iglvlvfifimfrsou. 2d AsSistant new...
‘ U.HOLDENA't"C‘ -.
EMORY MOCLINTOUK, Actuary. , ’ 88.18 ant asluer
stant Actuary
_WILLIAM W. RICHARDS, Comptroller.
HENRY S. BROWN, Assistant
Comptroller ,~
JOHN C. ELLIO I‘, Superintendent of Domestic Agencies. .
EDWARD LYMAN SHORT. General Solicitor.
bIEDIOAL Dinucrons:
, uaANVILLE 11. WHITE. M D;
o. s. WINSTON M. D. Consulting. ‘
ELIAS J. MARSH, M D-
A. El... CAME), Local, Agent.
{debts do GIEBERT, General Agents-l,
» g. : ". '
oeeeeeeleueuue
.lPresident McKinley, at Atlanta
Sounds a New Note.
PEACE JUBILEE A SUCCESS
W'arm Reception for- the Presidential
Party. The President Addresses the
Legislature. He Says Sectional Lines
No Longer blur the Illa-p.
Atlanta Ga., Dec. 15.-—The presiden-
tial party arrived at eight o’clock yes‘
terday morning as noted in the day's
dispatches. A large crowd was at the
station, desoite the cold weather, and
a. rousing cheer went up as the trail;
came to a stand still.
General Joseph Wheeler was the
first to alight. A strong chorus of
cheers greeted the distinguished Ala-
baman as. accompanied by his (laughs
ter, and the members Of the reception
committee, ht- made his way to a car-
riage.
Vi’hen the president appeared cn the
rear platform of his car a hearty cheer
was given him, breaking forth with
renewed vigor an instant later, when
Mrs. McKinley came out Of the car.
The welcome to the members of the
cabinet was very cordial.
The men of the president’s party
partook of luncheon at noon in the
chief executive's apartments at the
Kimball, while the ladies at the same
hour were the guests of the ladies of
the jubilee committee at a delightfully
informal breakfast in the ladies' ordi-
nary of the hotel.
A few minutes before one O’clock
the president’s party were assigned to
carriages and escorted by fifty moun-
ted police and the members of Gover-
nor Candler’s staff, started for the cup-
itol.
Guns boomed the ”presidential sa-
lute -as the chief executive ascended
the steps of the capitol. At the Hun—
ter street entrance the president was
met by a. committtee composed of. Col-
onel William G. Obear, acting adju—
tant general, representing Governor
Candler; Senator Hand, representing
the Senate, and Representative Hard-
the governor’s parlor.
Here he was received by Governor
Candler and the state house officials,
after which the general assembly in
joint session received the president
and party and the governor. ’
After being introduced to the legis-
lature President McKinley said:
"Sectional lines no longer mar the
map Of the United States. Sectionaf
feeling no longer holds back the love
we hear each other. Fraternity is
the national anthem, sung by a chorus
Of forty—five states and our territories
at home and beyond the seas. The
Union is once more the common atlas
Of our love and loyalty, our devotion
and sacrifice. The Old flag again
waves over us in peace with new glo-
ries which your sons and ours this
year have added to its sacred folds.
“What cause we have for rejoicing
saddened only by the fact that so
many of our brave men fell on field
01‘ sickened and died from hardship
and exposure and Others returning
bring wounds and disease from which
they will long suffer. The memory
Of the dead will be a precious legacy
and the disabled will be the nation’s
care. ,
“A nation which cares for its dis-
abled soldiers, as we have always
done, will never lack defenders. The
national cemeteries for those who
fell in battle are proof that the dead
as well as the living have our love.
‘Nhat an army of: silent sentinels we
have and with what loving care their
graves are kept.
“Every soldier’s grave made during
our unfortunate civil war is a tribute
to American valor. And while, when
those graves were made, we differed
widely about the future of this gov—
ernment, the differences were long ago
settled by the arbitramcnt Of arms.
and the time has now come in the evo—
lution of sentiment and feeling under
the providence of God, when, in the
spirit of fraternity, we should share
with you in the care of the graves of
the Confederate soldiers.
“The cordial feeling which now hap-
pily exists between the North and
South prompts this gracious act, and
if it needed further justification it is
found in the gallant loyalty to the
Union and the flag, so conspicuously
shown in the year just passed by the
sons and grandsons of these heroic
dead.”
In the evening a reception was given
the president and party by the Capital
. City Club. ,
l
l Vote 011 Tux-pie Motion To-day.
,5 Washington, D. 0., Dec. 15.-—-The Nic-
g‘ aragua. canal bill held its place as the
lprincipal subject before the Senate
I again yesterday. Speecheswere made
by Messrs. Harris, Money, Stewart and
i Morgan.
Mr. Money urged the postponement
of the question in order to permit an
opportunity for negotiations with Eng-
land for a modification of the Clayton—
Bulwer treaty, and Mr. Morgan antag-
onized the proposition.
An agreement was reached to take a.
vote on the Turpie postponement mo-
tion to—day. _.
Other questions before the Senate
were the government’s pension policy
and the bill regarding the registry of
foreign built vessels wrecked on the
American coast.
The pension discus§lon was precipi—
tated by Mr. Vest. The registry bill
went over until to—day.
1 Russia Fears an Alliance.
London, Dec. 15.——The Vienna corre-
spondent of the Standard says:
‘ It is asserted hei‘e, from both St. Pe-
,' tersburg and London sources of infor-
mation, that serious negotiations have
been begun between Russia. and Great
Britain for the solution of the Chinese
problem.
Co‘u .izbus Statue Stoned. ,
Madrid, Dec. 15.—-—A mob of women
at Granada, considering that the dis-
covery of America was the principal
cause of Spain's 'misfortunes, stoned
the statue of Columbus there.
. Of the treaty of peace
wick Of the House, and conducted to
.-m-ittee allusion
cos-er REPATRlATlON.
; It Will Coast $1,000,000 to Return Philip-
pine Spanish Army.
W'ashington, D. 0., Dec. 15.—There
is much comment among members of
Congress and Officials on the section
wAth Spain
which provides for the return of the
Spanish troops in the Philippines.
It is estimated that it will cost this
government at least one million dol-
lars, but the war department and oth-
er officials declare that the money will
be well spent, and, in the end, will cost
us less than to allow Spain to send the
soldiers back.
The experience at Santiago, contras»
ted with the work under Spanish con-
trol at Havana, shows that the Ameri-
can idea was the best for both par-
ties.
The eastern part of Cuba. was freed,
of Spanish soldiers in a short time,
while Spain has procrastinated at'I-Ia-
vane. until serious trouble occurred in
some of the districts. If the Ameri—
cans had had charge of the transport—
ing of troops, Havana and the western
portion of the island would be free of
Spanish soldiers tO-day. The United
States contracted with the Spanish
Transportation Company, and thus
threw the responsibility for the care
and comfort on the officers of that line.
It is well known that hundreds Of Spa-
nish soldiers died on the return voy-
age, and hundreds of others were so
ill and weak as to be unable to land
when they arrived. '
The Spanlsh would make nocom
plaints because the United States gov-
ernment had made ample provision for
the comfort of the men, and if‘this
was not done, Officers and men sailing
under the Spanish flag were responsi-
ble for their condition. '
._.._
Gas Tank Disaster.
New York, Dec. 15.1—Two hundred la-
borers were at work yesterday in the
ruins caused by the explosion of the
largest gas holder in the world at the
works of the Consolidated Gas Com—
pany, as noticed in yesterday's dis-
patches.
The laborers were Searching for the
bodies of persons who are known to
be dead or are missing. The list of
dead and missing included six known
to be dead and one who is missing is
supposed to be dead.
Of the score who were injured it
was reported that all were recover-
ing. ,
Twenty-first street, near Avenue A,
is completely blocked with a mass of
twisted steel girders and plates fifty
feet high and a hundred feet across.
The. rear portion of the tenements and
furniture manufactory fronting on
Avenue A is torn away, and along the
avenue, for over a block in each direc-
tion, are fragments of wreckage wash-
ed there by the flood of water that
came rushing down Twentieth and
Twenty-first streets when the tank
gave way.
All users of Consolidated gas were
greatly inconvenienced by the cutting
off of the supply. The loss fell espec-
ially heavy upon the newspapers and
printers, as gas is used for melting the
metal in all linotype machines. Some
of the papers were compelled to resort
to hand typesetting. It was not until
late last evening that the flow of gas:
was restored.
Bliss for .hubussador to England
New York, Dec. 15.—A VVashingtOI‘.
dispatch Says that Secretary Bliss’s
resignation from the cabinet means
that he is going to England as Ameri—
can ambassador.
The statement is made on the au-
thority of Representative James
Schoolcraf’t Sherman of New York.
Mr. Sherman is chairman of the
committee on Indian affairs. and his
committee has under consideration the
Indian appropriation bill, which comes
under the jurisdiction of the interior
department. ~ .
During the deliberations of the com.
was made to the re-
ported resignation of Secretary Bliss
from the cabinet.
Mr. Sherman informed his associ.
ates on the committee that the presi~
dent has decided to dispose of the con-
test over the English mission by send-
ing Mr. Bliss to the court Of St. James
as America’s representative. ‘
Boston Election Results.
Boston, Mass, Dec. 15.—-Election re-
tlli‘lS for the city of Boston are not
all in yet, but it now seems certain
that the Republicans and the Demo-
crats have each elected\ six members
Of the board of alderman and that the
Democrats have elected the two mem--
bers of the new board Of apportion-
ment, and also the street cimmission-
ers.
The vote for license has been reduc-
ed a. great deal from last year’s fig-
ures, but there is still a majority for
license of about 10,000.
Big Gift to Presbyterian :b‘vjzriner School.
Chicago, Dec. 1F.-—'l.‘hree men have
given $55,000 to raise the mortgage on
the Presbyterian summer school at
Winona Lake, Ind. .
The money was at once paid to the
treasurer of the board Of directors of
Winona assembly.
The donors are John M. Studebaker,
Thomas Kane and Alexander McDon~
aid of Cincinnati.
Recess of Congress.
Washington, D. 0., Dec. 15.-—The
committee on ways and means will re-
port a resolution providing for a re-
cess of Congress from Thursday, De-
cember 22, to Wednesday, January 24.
Before adjournment it is hoped that
the pension, Indian and agricultural
appropriation bills will have been pas-
sed by the House.
O’Donnell Pardoned.
Albany, N. Y., Dec. 15.—-GOVernor
Black has pardoned Michael O’Donnell
of New York city, who. since 1888, has
been serving a. thirty year sentence in
Sing Sing prison for burglary, of
which James O’Donnell, an older bro-
ther, on his death bed a few months
ago, confessed to having been guilty.
Stars and Stripes. :1 *ll‘.‘
Glasgow, Dec. 15.—A thousand tons
of ships' plates have just been landed
here from Norfolk, Va. The event is
more notable, however, in the fact
that the steamship which brought
them was flying the American flag,
which is itself a. rare sight on the
Clyde.
Clyde.
ARMY menu PLANS
-——____.
Corbin Says Fifty Thousand Men
Far Cuba.
MILES SAYS 25,000 WILL DO
Twenty-five Thousand Required in the
Philippines. The Police Force Needed
in Our New Territory. Statements of
Adjutant-General Corbin to the House
Committee.
IVashington, D. C., ,Dec. .15.—-Adju-
taut General Corbin appeared yester-
day before the House committtee on
military affairs, which :is considering
the bills for increasing and reorganiz—
ig the army.
His statements attracted unusual
interest because of their direct refer—
ence to conditions in Cuba, Porto Rico
and the Philippines, and the military
requirements on which the war de—
partment was Acting.
As to the need of an increased army,
General Corbin said that it was a most
serious proposition, adding:
“The Cuban evacuation commission,
consisting of Generals Wade and But—
ler and Admiral Sampson, has submit—
ted a statement that in order to pre—
serve peace and restore order in Cuba
it will require the presence of an army
of 50,000 men.”
General Corbin said that he would
send this recommendation in confi-
dence, to the committee, but later it
was arranged that it should be sub—
mitted without confidential reserve:
tions. 3’
It was on this recommendation, said
General Corbin, that the plan of send-
ing troops to Cuba was based. It
mightbe found that fifty thousand
men would not be absolutely requisite,
“but we are holding fifty thousand
men in readiness to go, if required,"
said he. . :5;
“As to the Philippines,” he contin-
ued, “General Otis, in command there.
had recommended that twenty-five
thousand men were required there. In
Porto Rico the Officers in command
stated that the force now on hand was
about adqua'te for the requirements.
This force is six thousand men. The
total made eighty—one thousand men,
fifty thousand for Cuba, tvventy-fiVe
thousand for the Philippines and about
six thousand for Porto Rico, leaving
an army of one hundred thousand,
with about eighteen thousand for re—
serves at home.”
“It must be borne in mind,” said
General Corbin, “that an army in time
Of peace is like insurance. It is a
preparation for an emergency. If we
had had such an army last June
there would have been no such loss of
life as occuwed.”
“DO you think fifty thousand men
for Cuba a conservative estimate?"
asked Mr. Jett Of Illinois.
“I think'it is,” answered General
Corbin.
“And how long will that last?’ ask-
ed Mr. Hey.
“I wish I could say,” answered Gen—
eral Corbin; “but no man can say. You
cannot view conditions in Cuba as you
can in Ohio or Pennsylvania. For one
hundred years the people there have
been accustomed to betruled by force.
The officers there fear that with these
conditions and habits, if troops are
not there, trouble may occur.”
He went on to show how the Spanish
soldiers had ruled throughout Cuba.
forming even the rural police and the
municipal police force at Havana. As
to the trouble which had occurred at
Porto Rico, General Corbin said it was
not: due to a disposition tO-fight the
United States, but to a tendency in
certain classes—wandering outlaw
bands—toward disorder.
When questioned by Mr. Hay of Vir-
ginia as to how soon the United States
troops could be withdrawn from Cuba,
General Corbin said it was impossible
to say; even approximately.
“There is not a man living, in my
judgment," he said, “who can foresee
even for thirty days, what the future
will bring forth."
General Miles told the Senate com-
mittee on appropriations yesterday
that he thought twenty—five thousand
men would be'enough for Cuba; that
the island must at an‘early day be
policed by natives
Starving at Sea.
New York, Dec. 15.—The Red Star
line steamer VVaesland, which recently
left Philadelphia for Liverpool, sup-
plied the crew of an unfortunate Nova
Scotian bark with fuel and provisions
on Monday.
The steamer L. P. Holmblad arrived
here yesterday from Antwerp, and saw
the ‘lVaesland hove to abreast of the
bark. forty miles west of Nantucket
lightship.
The sailing vessel had signals flying
indicating “We are starving."
Return of the First New York.
San Francisco, Dec. 15.—The steam-
ship Alameda has arrived here from
Sydney and Honolulu. From Honolulu
she brought the second detachment of
the First New York regiment, consist—
ing of Major Eifimett, Dr. McCullough,
Captain Serguson, Sergeant Major
Wright, Lieutenant Oliver Gresham,
Lieutenants Wood. Boyce. Boardma'n
and 00throudt, with twelve convales-
cent soldiers, as first class passengers,
and three- hundred and fifteen men in
the steerage.
New Wire and Nail Plants.
Chicago, Dec. 15.———A syndicate of
Chicago and eastern people have in—
vested $1,000,000.1n wire and nail plants
at Jol‘iet, 111., and Birmingham, Ala.
The Joliet fnill will be in operation in
January and that at Birmingham with~
in a few months.
C. E. Robinson and E. Shulee, form—
erly with the" American Steel and
Wire Company, are at the head of the
company.
Demand for Steel Rails. .
New York, Dec. 15.——It is stated by
Charles C. Cluff, general eastern agent
of the Illinois Steel Rail Company, that
his company is so rushed with wOrk
as to be unable to fill an order from
lussia for seventy-five thousand tons
of rolls. '
The rails were thought to be for the
trans-Siberian Railroad.
Norwalk Chronicler