l \ 7 u ' 'i lIr INSURANCE [:a, NEW YQBK. "on. MUTUAL OF . RICHARD A. McCURDY, Presses? Statement for the Year Ending Dec. 31,’97. According to the Standard of the Insurance Department of the State of New York. INGGMEe 5439693930! 99 11,469,406 2.4 $54,162,608 23 Received for remiums From all other Sources Disn'ousnmnnms. To olicy-holders for Claims by Death To olicy-holders for Endowments, Dividends, etc. For all other Accounts . $13,279,630 66 ‘397‘394’4 70 W $36,124,060 99 ASSETSe 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 Companie Accrued Interest, Net Deferred Premiums, etc. $132,017.34! 45 69,423,937 3! 12,880,308 00 21,618,454 88 ‘197059195 83 6,141,200 20 5W “8,273,243 07 $35,508,194 59, $936,634. Reserve for Policies and other Liabilities Surplus Insurance and Annuities in Force lhave carefully examined the foregoing Statement and find the ame t - liabilities caicularegny the Insurance Department. CHARLES Cinemas: $3353} From the Surplus a dividend will be apportioned as usual A Report of the Examining Committee. Office of the Mutual Life Insurance Company of New York. . T 0 THE HONORABLE, THE BOARD OF TRUSTEES OE THE MUTUAL LIFE INSURANCE COMPANY OF NEW. YORK. The undersigned, a Committee appointed by your honorable bod 0 second day of December, I 897,to examine the Annual Statement of’ihezdgepgxegzyé to verify the same, respectfully—-— . J REPORT That, pursuant to the power and authority thereby conferred, the Committee h .- . date of the said reference and the date of this Report, attended at the office of the Cififiaagyvtfiguiagztss between the by the Treasurer, the Comptroller,the Auditor, and the Cashier, together with the respeCtiv’e assistants efen malted on and have carefully gone over all the items contained in the said Statement, and have found the same to b: .Suc- "Officers have examined and counted every certificate of stock, bond and other obligation held ‘by the Com an boar. “t“ They the prices at which the same are carried in said Statement with the market quotations, and find thezani'e‘ :11 t compai‘ed such quotations—in fact, in many cases below them. They have examined and counted the bonds and mort: exceeding property held by the Company, and find the same to be as stated. TheyI have also verified the valuati raises on real pany’s holdings of real estate and have verified the deposits of money in the various banks and t On 0 the Com. have counted the cash on hand held by the Cashier. rust companies, and And the Committee certify that all the books, papers, documents and eviden ' . , sary in such examination have been freely submitted to the Committee, by the saidciffiigglgngf 5:?” description neces- the same are accurate, in good order, and well kept. - e1r ass‘StantS, and that 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 entitl All of which is respectfully submitted. CHAS. R. HENDERSON ELBRIDGE T. GERRY NEW Y ORK, January 21, 1898. S. V. R. CRUGER J. HOBART HERRICK and that the system ed to commendation A. N. WATERHOUSE JAMES C. HOLDEN Board of Trustees- FREDERm CROIIWELI. J ULIEN T. DAVIEs A. N. WATERHOUSE S. V. R. CRUGER ‘ CHARLEs R. HENDERsON Roms W. PEOKHAII J. HOBART HERRIOE Wu. P. DIXON | ROBERT A. GRANNIss HENRY H. ROGERS J No. W AUOHINOLoss THEODORE MOREORD WILLIAM BABcoox STUYVEsANT FISH AnoosTUs D. J UILLIARD CHARLEs E. MILLER WALTER R GILLETTE H. WALTER WEBB Susan. D. BAsoocs RIMARD A. MOCUBDY JAuEs C. HOLDEN HERNANN C. VON POST WILLIAM J. SEWELL OLIVER HARRIIIAN ROBERT OLYPHANT GEORGE F. BAKER DUDLE! Omo'r'r GEORGE G. HAVEN ADRIAN ISELIN J R. GEORGE S. BOWDOIN WILLIAM C. WHITNET WILLIAM RooxErELm JAMES N. JARVIE time D. DIOKEI JR, ELRRIDGE T ' GERRY JAuEs SPEYERJ ROBERT A. GRANISS, Vice-President. WALTER R. GILLETTE "General Man or tr . u s , , . T‘SAAC FthiéilénglNVIcefreszdent DUEH du-P._ ‘fiECK, Corresponding Secretary . [Ll..IA _. , Secretary. FREDE RIC CROMWEEEETRT KLAMROTH, Assistant Secretary. . , . ,' I'easui'er. ' wail AA IIIRIJ’N EAAN 36.81833“. Treasurer. JAMES TIMPSON. 2d Assistant Treasurer. , . S, Cashier. EDWARD 1’. HOLDEN Assistant Cashier JoggigRnggocgiLiJNTOUK, Actuary. ’ " » . _ A , R , Assistant Actuar . CHARLES A, PRELLER, Auditor. WILLIAM V3,. RICHARDS Com troller o. oLIrEORD GRETsINoER. Assistant Auditor. HENRY s. BROWN Austin 005: u u' ‘ JOHN C. ELLIO i‘, Superintendent of Domestic Agencies. p 0 er,- . EDWARD LYMAN SHORT. General Solicitor. MEDICAL DIRECTORS: . . ELIAS J. MARSH, M D' GHANVILLE 31 WHITE M D‘ o. s. WINSTON n." D. Consulting. ' . NICECES do @EEB'EET, @eueuai Agents. A. H. ensue, cecal Agent? ' w 'i u ii I: v 1%: N l ,\ 63- .~ : ._l r. iii—"1* Z f. t .i'- 'l J I A- r DEWEY up NOTHING Hopeful Views of the Rear-Admi- ral at Manila. LOCAL AUTONOMY TALKED Belief that the Filipinos will Not Make Trouble. In Favor of Paying Arrears in the Insurgent Army. Opportunities for Released Volunteers. I . Manila, Philippine Islands, Dec. 17.— Rear Admiral Dewey, in an interview yesterday, courteously but firmly de— clined at first to discuss the political situation in the Philippine islands, on the ground that his sphere was pure- ly naval. He seldom goes ashore, and insisted that his interviewer was in a. better position to acquire information than himself. " ‘ He then proceeded. to cross examine the correspondent about everything ashore. He said he was glad to learn that the insurgents were releasing the sick Spanish soldiers they held prison- ers, notwithstanding Aguinaldo’s gran- diloquent refusal to do so. - This proves that the insurgents are conciliatory, in spite of their defiant talk. Rear Admiral Dewey always believ- ed ‘that the insurgents were friendly, our fleet have visited the different ports of these islands, and since some of our officers have made tours inland, carefully investigating popular senti- ment, and preaching the gospel of peaceful settlement everywhere with highly satisfactory results. A few influential Filipinos, in an am- bitious attempt at self advancement, are clamoring for independence, al- though unable to realize its true mean- ing. They are utterly ignorant of the dif- ference between the name and the re- ality. The agitators here invariably admit that they would be. unable to stand without American protection. But, in spite of this they continue their mean- ingless outcry for independence, and may possible create trouble. this to be improbable at the present juncture. Every day that passes with. out a. conict means so much pain he- cauSe the friendly feeling is steadily increasing, the incipient roughness is disappearing, and the agitators are weakening. The newspapers of Manila are doing particularly valuable work in the sim- ultaneous publication of conciliatory articles printed in Spanish and Eng- lish. This course is looked upon as. being certain to eliminate the friction which has existed here. The rear admiral is greatly interest- ed in the movement among the Amer- ican volunteers to obtain their dis— charges here and engage in business enterprises. He believes that there is a practically unlimited field for plant— ers, farmers, and miners here. It is believed that the Germans have now entirely abandoned their designs on the Philippine islands, though for- rnefly the German attitude here caused Admiral Dewey much anxiety. According to recent information re- ceived here, the Filipino insurgents are endea‘voring to maintain a. brave show for the purpose of securing the best terms possible from the Americans. It is the opinion of Rear Admiral Dewey that it would be advisable for the United States to pay the insurgent troops their arrears of Wages. The whole amount would be only a com- paratlvely trifling sum, and the pay— ment of the 'troops would have a val- uable effect and might save incalcula- ble trouble. He also is strongly convinced that the Filipino insurgents deserve ac— knowledgement. He is a. believer in the practicability of liberal measures in the direction of local autonomy. Regarding the possibility of interna» tional complications, Rear Admiral Dewey said: "‘Prior to the arrival of the monitors I felt uneasy. But now I am ready to hold this position against the whole earth.” as: :.._. Maines Shipbulding Boom. Bangor, Me., Dec. 17.—The very best sign of the good times in Maine is the arrival of a ship building boom which, while coming too late to make a. great showing of tonnage launched this year. has set the yards and shops going at a busier rate than they have known for a.‘ decade. In years past Maine used to build from forty thousand to seventy thou- sand tons of shipping annually, but of late, for reasons that have been told over and over again, the industry has fallen into decay, and the figures have .been too small to be worth publish— lng. Now, however, Maine has a boom in her ship yards, and the good effects are felt from Portland to Eastport. “'nr Tax Ruling ResorVed. Washington D. 0., Dec. 17,—The com- missioner of internal revenue has re- versed a former important ruling on the war revenue tax by declaring that releases of mortgages and deeds of trust considered as mortgages shall be exempt from taxation, no matter 'in what form they are executed. The ruling applies whether the deeds are executed with the solemn'ilty of a deed, a. certificate of satisfaction or simply as an entry of satisfaction on the margin of the record book in which the released mortgages or deed of trust is recorded. "“hc Peace Treaty. Madrid, Dec. 17.—A semi-official note says: “As the American Senate'must ratify the treaty of peace, our government should wait for'this ratification and not hasten to cede territory which the United Sta tes‘ may not accept." Paris..Dcc. 17.——All the members of the An‘fisfir'nn peace commission will leave ll‘.““- for the United States, via Havre on] Southampton. sailing for New York 10-day on board the Ameri— l mu line steamer St. Louis. 5" and especially since the warships of: The rear admiral, however. believes r... '— 1 THE ‘WAR moutnv. Testimory of the Chief Commissary of the ' Santiago Expedition. Washington, D. 0.. Dec. 17.—Briga~ dier General John F. Weston, chief commissary of the Santiago expedi- tion, testified before the war inquiry committtee that there was an- absence fi‘of red tape methods in feeding the vol- ‘ unteers at Siboney. ' He said. that he never heard a. com— plaint of the condition of the commis— sary supplies at the front. Everything possible, he asserted, had been done for the men, special efforts having been made for the volunteers, whose officers, he recognized, sometlmes' did not quite understand how to get what was due the men. Surgeons were given articles from hospital stores on more memorandum receipts, and they were paid for out 'of funds at Washington. Colonel Roosevelt once came to him at Santiago and wanted to buy toma- toes and certain extra supplies for his men, and he refused to let him pay for them, as there was no need for it. The witness said he took 5,000 with him when he went to Florida and still has “a. lot of it left." “Well you are. the only man, then," interjected Captain Howell, “who ever went to Florida and brought money back." ' .- is! ' Referring to difficulties caused by the subsistence department, depending on the quartermaster’s department for transportation, he said it was a ridic- ulous idea, and the transportation was a. matter he would not like to speak of without ‘fth'inking it over,” and he had “thought a heap about it, too.” So far as the- food was concerned, General Weston characterized the Santiago campaign as a mere baga- telle, the hardships being trifling com- pared wi-th his own experiences in frontier Indian campalgns, when he 'and his men were forced to use the wagon mules for food. ' I l THE WAR BONDS Shipments to Subscribe rs Still Going On Slowly. Washington, D. CZ. Dec. 17.—-The shipment of the war revenue bonds to ‘the subscribers, who, received allot- ments, is going on at the average rate of about one-quarter million dollars a day. ‘ About eleven million dollars’ worth out of the two hundreu millions sub- scribed, remains to be disposed of. The distribution has grown constantly slower as ‘it neared its end, on account of the number of subscribers who pre- ferred to pay on the instalment plan. It will be recalled that the subscrip- tion did not close till July 14,'and that the allotments were made thereafter, beginning with the smallest subscrip- tions and gradually ascending to the largest which fell within the necessary limit. Every subscriber for more than five hundred dollars’ worth of bonds was permitted to make his payments in parcels of 20 per cent. each, the first within ten days after notice of allot- ment, and the others at intervals of forty days each. This grant of 170 days’ time for final payment. will carry some of the pay— ments well over 'into next year, and the shipments are expected to drag along until then, netwithstanding the fact that a number of subscribers who started with the idea of paying only the compulsory instalments .have been doing better. i .______— . , Troops for the Philppines. ' W'ashingtou, D. 0., Dec. 17.—~Orders have been issued for the immediate ' preparation of the following regiments of regular infantry for service in the Philippines: Twelfth at Jefferson Barracks, Twen- ty-second at Fort Crook, Nebraska. Third at Fort Snelling, Minnesota. Seventeenth at Columbus Barracks. Ohio, and the Fourth at Fort Sheridan. Illinois. .. ~ In each case the order states that the date of embarkation and point Of sailing have not yet been decided, and depend upon the transportation facili- ties, which may become available. “It is impossible,” the order reads. “to state the duration of the tour of service of this character at this time, but preparations should be made with a view to at least two or three years' service before returning to the United States. It is not the intention of the department to send any wagon trans-V n portatlou. _.. _ -_ . '.i .___ For a. Uniform Calibre. Washington, D. 0., Dec. 7.—~The joint board of army navy and marine officers appointed to consider the ques- tion of the adoption of a uniform cali- bre for small arms and machine guns, and of a standard and uniform small arm cartridge for the use of the army, navy and marine corps, have subm:l‘- ted their report. The board was composed of experts of high standing, as follows: Colonel A. Mordecai and Major S. E. Blunt of the ordnance department, U. S. A.; Captain George S. Anderson, Sixth cavalry: Captain George F. Elli— ott, Marine Corps: and Professor Phil- ip R. Alger, U. S. N. ' 3 The conclusions were in favor of a uniform calibre for all devices and of the ndnntlon of the calibre now in use by the army. ' ' ‘ a l l , “'on by a Mldocenn Vo'o. ‘ i Topeka, Kan, Dec. 7.-—-The state canvassing ,board has decided a tie between A. E. South/Republican, and L. M. Marks, Populist, candidates for the legislature from Jefferson county, and ordered 'the drawing of lots. Mr. Scott won, but did not demand his certificate, expecting it would be sent by mail. ‘ Before the certificate was forwarded. the mid-Pacific ocean vote of the 20th Kansas, en' route to Manila, was re- ceived, With one vote for Mr. Marks. The state canvassing board reversed, its decision and issued a certificate to Mr. Mal’ks. e .—9——.——.._——.___ Torture! for Cal-lists. ”Madrid, Dec. 17.—-Count ’Casa Sola, brother of the. Marquis Ceralbo, has confirmed the reports that savage cru-‘ elties, similar to those inflicted upon: the Anarchists confined in the Fortress of Montjufich, a't Barcelona, have been; applied to the C-arlists arrested ati Bilbao, to extract information regard-l Ingtheir armament and designs. v CONGRESS WILL lllll‘l Serious Opposition to the Treaty of Peace Not Expected. BRYAN GIVES HIS ADVICE Fight Against Expansion will Come Later If at All. Bryan and Bailey Confer with Democratic Leaders in Congress. Im- portant Political Plans Being Laid. Washington D. 0., Dec. 17.-—The op— position to the ratification of the peace treaty which was expected in the Sen- ate may evaporate. It is almost cer- tain that no serious attempt will be made to defeat the treaty. There may be no vote against rati- fication, the understanding being that a settlement of the questlon of expan- sion will not be involved in it. This situation is brought about chief— ly by the fact that Mr. Bryan advises his friends against making their fight on the treaty. The fact that in the South a celebration of the signing of the treaty is being held helps to stifle opposition. The Opposition in the Senate comes chiefiy from supporters of Mr. Bryan. largely southern men. A canvass of the Senate discloses that up to a few days agorthere was nearly, but not quite, a two-thirds vote in favor of ratification, and that the Republican Opposition numbered not more than three men. The fight against expanslon will be postponed until after the treaty has been ratified. ', ' It will come up when legislation for the government of the islands is pro- posed, and that will not be before the next Congress. Both parties are divided bu the question of expansion, but the Repub— licans almost to a man will support whatever policy is adopted by the ad- ministration. l The Democrats have been much more seriously divided. but now they are trying to agree on a definite policy. With respect to the question of ex- pansion they will probably very gen- erally unilte upon a. proposition that the Philippines should be treated in the same manner as Cuba. Mr. Bryan yesterday, after conferen- ces with many Democrats, visited the Capitol and at one time had around him in the cloak room nearly the en— tire Democratic membership of the House. ' Yesterday morning Mr. Bailey of Texas breakfasted with Mr. Bryan in his private room, and was with him for a long while. Some important political plans are being laid by the Bryan Chicago-plat- form combination. Confederate Soldiers. Washington, D. (1, Dec. 17.—Repre- sentative Rixey of Virginia has intro— duced a bill for the admission of Con- fedenate as well as Union soldiers to all soldiers homes andlgovernment in- stitutions maintained by the govern» ' ment. Although in tine with the president's suggestion in his speech at Atlanta, this referred to government care for Confederate cemeteries, whereas the Rixey bill refers to living ex-Confed- crates who are “maimed, crippled or needy." The text of the bill is: “That after the passage of this act all Soldiers’ Homes and other institu- tions maintained by the government for ;the maimed, crippled and needy soldiers and sailors of th'e United States shall be Open to all soldiers and sailors of the ciVll war of 1861-66, upon the same terms and without discrimin- ation as to whether they were enlisted upon the side of the Union or the Con- federacy." .. ..-,.. Missionaries S'a‘n. Tacoma, \Vash., Dec. 17.—The stea- mer Empress of India brings news of the butchery of Catholic and native Christians by the rebels of Sze Shuen province, China, under ,the notorious outlaw Yumantse, who, with his fol- lowers, has rendered twenty thousand na-tlve Christians homeless in central China and taken over sixty lives. Six thousand Catholic refugees have gathered in the city of Ch‘un King from the surrounding country. Property destroyed by the rebels reckoned at five million taels. France is making a claim for de- stroyed property belonging to French missionaries. ‘ ' is , . . _ . M . a.“ ..i _... The Telegram Tax. Washington, D. 0., Dec. 17.—Com- missioner Scott of the internal revenue bureau has sent a. letter to Chairman Dingley of the ways and means com- mittee, withdrawing a recommenda— tion that Congress should settle defl- nitely whether the writer of the tele- graph company should pay the tax on telegrams. ”He does this, he writes, because as the attorney general and the courts have ruled that the writer of the tele- ram should pay the tax, his office has no further interest in the matter. Branch Bank at Manila. New York, Dec. 17.—J. ‘5 W. Selig. man & Co.. have confirmed a. rumor that a branch bank is to be opened shortly in Manila, Philippine islands. They 'said that the Anglo-California Bank of San Francisco was associated with them in the enterprise, which is yet in its incipiency. » ‘ The samevin‘terests propose opening a branch bank in Honolulu, Hawaiian ,islands. Russia Helps the Chinese. Tacoma, ‘VVash., Dec. 17.—-Advices by the Empress of China state that Rus— sia-has sold half a million obsolete Ber— dan rifles to China through the Russo— Chlnese Bank at the rate of five taels per rifle and twelve meals per 1,000 car— tridges. Manchu troops throughout the em- pire are to be armed at once. Gen. Miles. Not Going to Havana. Norfolk, Va, Dec. Ila—General Nel- son A. Miles, commander of the army, who it was expected would embark. at Hampton Roads for Havana, has no- tified the Chamberlain Hotel at Old Point that he would not come, and will remain in Washington. . P:- g.