PHOENIX MUTUAL. Hartford, Ct.

PROVIDENT LIFE AND

TRUST. Philadelphia, Pa.

REPUBLIC.

Chicago, Ill.

CAPITAL STOCK.

Whole amount of joint-stock or guarantee capital,

of capital actually paid in cash, consisting of stockholders' notes,

$100,000 00 16,000 00 84,000-00

$500,000 00 500,000 00

$3,767,800 00 753,560 00 3,014,240 00

INCOME.

Premium notes and other securities received as aforesaid

Cash premiums received on policies issued in 1871 (exclusive of interest),

$632,603 29

(exclusive of interest),

127,480 00

Renewal premiums received in cash (exclusive of interest),

1,401,986 73

$436,426 80

$154,860 664

Renewal premium notes and other securities received as

aforesaid (exclusive of interest),

Cash received for sale of annuities,

for all other premiums (exclusive of interest),

560,231 44

Cash prem's from other companies for re-insuring their risks,

$11,771 10

$390,813 72

for interest on other debts due the Company,.

6,520 13 6,329 00

for rent of Co.'s property, under sub-lease or otherwise,

Cash from other companies, on account of losses or claims

Cash income from all other sources,

43 00

Total Income received as aforesaid during the year,

$3,135,756 14

$504,757 01

$628,329 17

EXPENDITURES.

Cash paid for the Company's own losses, policy claims and additions thereto, viz. :-Death losses,

Used as aforesaid in notes or other premium obligations,

Used as aforesaid in notes or other premium obligations, To annuitants,

$687,163 49

$79,788 81

$36,000 00

Amounts brought forward,

On account of purchased or surrendered policies, Used as aforesaid in notes or other premium obligations, For dividends to policy-holders,

Used as aforesaid in notes or other premium obligations, Notes and other prem. obligations voided by lapse of policies,

Cash paid for dividends to stockholders, premiums (less rebate or commissions) for re-insurance, brokerage, commissions and all other charges on first

premiums,

commissions and all other charges on renewal premiums, salaries and travelling expenses of managers and agents, medical examinations,

salaries and pay of officers and employés not before included,

6,929 00

advanced to officers or agents, payable from salaries or future commissions,

for furniture, safes and fixtures for home or agency offices,

all other expenses,

Net amount insured by existing policies,

63,498,994 00

11,186,232 00

14,003,995 41

Policies (old and new) terminated by death during the year,

281

26

Amount insured thereby,

$724,238 00

$77,124 00

36,000 00

Policies issued during the year and terminated by death,

2

Insurance in force on lives of citizens of Massachusetts, Death losses paid in Massachusetts in 1871,

Matured endowments paid to citizens of Mass. in 1871,

Highest rate of interest received,

Rate of interest or dividends declared to stockholders, including percentage of profits,

Maximum rate of interest or dividends authorized on guar

Further percentage of surplus or profits authorized to stockholders,.

Average rate received,

1 Printing, postage and sundry expenses.

2 U. S. stamps, $1,628; licenses and fees in various States, $6,057.97. Only the actual earnings of the capital stock.

$2,516.64; sundries, $3,938.64.

$2,333.46; advertising, $12,758.08; printing and stationery, $13,201.45; expense account, $5,087.36; interest on mortgage, $11,018.31; counsel fees, $338; building expenses, $858.83; stock commissions, $14,763.